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Thank you and Happy Construction

DrDoc:
Unless you have excess, it is better to expand income generating systems. I.e build more businesses than build a house that doesnt generate or create substantial wealth on time

This is unsolicited advice.
This guy has a profitable business before decided to have a house.
Focus on the question and not advice of what should be done by your own thinking.
Everybody needs a home after the business success.

DrDoc:
Unless you have excess, it is better to expand income generating systems. I.e build more businesses than build a house that doesnt generate or create substantial wealth on time

Answer the question if you have the answer, not giving unsolicited advice.

naijapips04:


The best thing I've read this year. Aside status, owning a house is not a good investment. For a struggling guy, grow the shit out of that 25m. 25m in a good business should give us at least 70m in a year. Rent and grow this. In , 4 years, use the residual income to buy a house. Don't go and dump all your life savings in a house.

Another, I too sabi

DrDoc:




Okay. Since you have managed to show yourself off. Please announce to everyone what business did i advertise to you or the Op. Please tell everyone. Tyre seller. When you are at the core bottom of the value chain of an enterprise how would you ever know what it means to cover the entire value chain in any business. Empty nuisance. You're not at the level of my IQ. Go and check my posts if i said beyond owning a factory if i ever announced any business both on this thread and other threads. Useless lowlife rat


25M is tops six months productive output, you swine

Who have ears, let them hear

Agunesinjaweola:

This is unsolicited advice.
This guy has a profitable business before decided to have a house.
Focus on the question and not advice of what should be done by your own thinking.
Everybody needs a home after the business success.

Its a public forum. It could be for someone who checks the thread in ten years. Stvpid black people. I earn seven digits monthly fulls

naijapips04:


The best thing I've read this year. Aside status, owning a house is not a good investment. For a struggling guy, grow the shit out of that 25m. 25m in a good business should give us at least 70m in a year. Rent and grow this. In , 4 years, use the residual income to buy a house. Don't go and dump all your life savings in a house.

SMH!
Tell me you haven't ran a business before without telling me you haven't run a business before.

starpower:
ah!. 25M making 70m is very hard. More capital is hard to allocate without previous experience 25 millions sales a month needed to net 20% to make 60m. Gross 70m possible. To me it depends on the fund owner risk appetite. Higher risk means higher chances of loss of capital. Try scaling further the source of that savings well if it possible and legitimate.

You seem to have watched a lot of crap on YouTube and you're beginning to feel like a business expert. 😂 No problem, continue!

DrDoc:




Hahahahahaaha. What do i say o.

Bro we are ready to be schooled.
I would also want to have knowledge on this Sir.

DrDoc:
Unless you have excess, it is better to expand income generating systems. I.e build more businesses than build a house that doesnt generate or create substantial wealth on time

Oga, he only asked a simple question. The answer should be Either yes or no and not for you to come and give him lectures on how he should use his money. Live your life the way you want it and allow others do what they want to do with their money.

Nigerians sha.

I can execute this with 18m

For real

With plenty change.

Big boy, wire Xmas thing for ur bro na

E no easy for ezikel oh.

Even to do xmas for my old woman na wahala for me now oh

Remain blessed brotherly.
If u answer make i paste aza Abeg 🙏

By the way, am an engineer but no cert. But very experienced one at that. Was working in foreign country.
My base is east sha. Anambra last born, incase I can do anything, am very very available with clear heart

CapitalBank:
I know things are expensive due to economic trajectory of the country.

Can 25M build a contemporary 4 bedroom bungalow in today's economy in Nigeria with standard finishing?

File Photo for illustration

Dikastan:
It will do that comfortably and you will get change sef. Make sure you are involved in the process fully to avoid being exploited by the engineer. Buy materials yourself. The money is very ok

Yes, for about 18 million naira you should be able to get a 4 bedroom apartment finished to your taste. Be careful with spending. Watch out for workmen. They are devils. Don't pay before anything is done. Don't even pay more than 10 % upfront. Stay on site.

WantsandMore:
Our Parents missed on this wonderful financial advice man!

no matter how you keep expanding from one business to the other, you'll still definitely build a house.

DrDoc:



Never worked for anyone. Been into investment for a decade

That's great for Nigeria.

DrDoc:

I was never judgemental. Go and reread the tone of the message. Many times messages like that impact people positovely not becessarily for the Op. Half baked graduates

You are truly a CHILD! Improve your argument, not raise your voice or insult people.
You weren't judgmental in one hand, but you decide to insult me on the other hand? You that went to Harvard and Cambridge and MIT just wasted your parents money.
PS. I didn't even finish Primary School, not to talk of being a Graduate (or half baked one sef).

I think so

boxypane:

That's great for Nigeria.

Don't get sucked into his so-called investment scheme. He's obviously a scammer

wisdomkid:


Very unnecessary advice, person wey get 25M pick am? He didn't actually asked for advice WHAT TO DO WITH THE MONEY.

Violence choke everywhere 🤣🤣🤣

Tmex:


It should, depending on your land terrain and location.

Location. Very true. Can build in Jo's or Kaduna but it can not in owerri or pH

Dikastan:
It will do that comfortably and you will get change sef. Make sure you are involved in the process fully to avoid being exploited by the engineer. Buy materials yourself. The money is very ok

Very true. If you are involved in the building from start to finish

Brother no bother ur self with people who know how to be good advisers but can not advise them selves to change their status for good.

Abeg, run Xmas things for bro na, e no easy for ezikel oh

If u answer make i drop aza if u no mind Abeg. Remain blessed 🙏

DrDoc:



Its a public forum. It could be for someone who checks the thread in ten years. Stvpid black people. I earn seven digits monthly fulls

DrDoc:



Theb you dont know business. I cam grow 25M and make atleast 200M annually. I am doing this at the moment. Infact been sleeping at the favtory since October and not leaving until November 2024.

Please if there's a job vacancy around you please help me out, I want my situation to change

DrDoc:
Unless you have excess, it is better to expand income generating systems. I.e build more businesses than build a house that doesnt generate or create substantial wealth on time

That's how you lot fail exams, he asked a simple question and you were busy dishing out advice as if the op is a kid, what's wrong with you Nigerians sef and always advising people on how to spend their money. Oversabi people.

lanre316:


Don't get sucked into his so-called investment scheme. He's obviously a scammer

wisdomkid:


Very unnecessary advice, person wey get 25M pick am? He didn't actually asked for advice WHAT TO DO WITH THE MONEY.

some people no just dey mind their business.

DrDoc:
Unless you have excess, it is better to expand income generating systems. I.e build more businesses than build a house that doesnt generate or create substantial wealth on time

The man ask if it can build the house very clear question that should be straight forward answer yes or no with reason.

But you left question to be discussing income wealth etc . Nobody ask you but u mush show ur ignorance with ur response.

Did the OP ask you for income streams ?

CapitalBank:
I know things are expensive due to economic trajectory of the country.

Can 25M build a contemporary 4 bedroom bungalow in today's economy in Nigeria with standard finishing?

File Photo for illustration

/
A lot of change go remain sef.

/

25m will definitely build the house if you have a good engineer and a good supervisor

naijapips04:


The best thing I've read this year. Aside status, owning a house is not a good investment. For a struggling guy, grow the shit out of that 25m. 25m in a good business should give us at least 70m in a year. Rent and grow this. In , 4 years, use the residual income to buy a house. Don't go and dump all your life savings in a house.

Very dumb theory.

Dude, before building a house, you must have done the calculations yourself. You should be able to foot 10 times the value of the money of that house you're building otherwise don't even start it. How can a struggling guy build a house? Why would you say owning a house isn't a a good investment? What kind of mentality is this?

CapitalBank:


It’s for personal use not business. Thank you.

Nice reply

NwaliE01:


This your theory will one day land someone in trouble.
Do you think we grow business like corn under 1 year?
Which business can you do with 25M and make 70M yearly?

House is what many people fall back to when the chips are down. Building a house is a long term savings not investment.
It's not a bad idea to own a house. We know houses depreciate and land appreciate but note that the guy advising you that house is not an investment already have his own houses.
Use your tongue to count your teeth.

That boy is still a kid, kindly Ignore him.

The werey even said invest the 25m and get 70m in a year, he is obviously a scammer, that's how scammers reason and talk.

Werèy even said House is not investment. What an ediot he is.