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D0nt Be Broke Because You Are Building A Home - Properties - Nairaland

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D0nt Be Broke Because You Are Building A Home by money121(m): 12:31pm On Sep 01
D0nt be broke because you are building a home.

"You've managed to save 10 million, your first big savings, but the only thing you can think of doing is starting to build a duplex in your village? Tomorrow, you'll come out and say that your village people are after your business. Don't use your first savings or business money to build in your village. The house you build in your village is a waste of money; it won't return any income. Instead, it will set your business in town back. Building a house is not like buying a car. The money used to buy a car may not affect your business because it's a one-time expense. However, the money used in building a house can close your business because you'll keep spending until the house is finished.

So.my advice to you is to not use your first money to build a house in the village. If you must do so, learn how to build according to your earnings, like the example I posted.

57 Likes 11 Shares

Re: D0nt Be Broke Because You Are Building A Home by money121(m): 12:32pm On Sep 01
Everyone loves this kind of roof lately and that’s great ✍️💜

This type of roofing design has gained so much popularity in this our recent time due to its affordability, aesthetics and functionality.

Many confuse flat roof for hidden roof -

A flat roof has an extremely low pitch and is almost horizontally level. Hidden/flat roofs This type of roof has a slope of less than 10 degrees and is either horizontal or nearly horizontal.

Many hammer 🔨 a lot on what are the disadvantages of hidden roof,now let me draw your attention to it ,

Hidden roof damage is similar to a ticking time bomb,(Especially when wrongly handled) quietly biding its time until it causes significant harm.

These disadvantages include ,

-minor leaks that go unnoticed

-hidden roof requires regular maintenance and inspection in some cases .Without regular inspections, these issues can remain hidden, only becoming apparent when they have already caused extensive damage.

The benefits of this inspection are for you to detect early issues and avert it and to have your peace of mind knowing it is okay ✅

-moisture building leading to mold and shingles slowly deteriorating, this can all undermine a roof's integrity.

When a roof lacks its integrity that means it has lacked its functionality and role of being a roof 🙂💯

If you just do this kind of roof ,get good inspection at intervals so as the roof can be checked and okayed to avoid damage ✅

ADVANTAGES OF HIDDEN ROOF ✅✔️

It is cheaper to handle (lesser timber’s are used and lesser roofing sheet and materials too)

Cheaper to maintain too than the other roofs ✅

It has the appearance and ability to blend more efficiently to giving a house or building a good aesthetic ✅💜

If you must do this roof it’s great but make sure you get a good hand to handle it and observe good inspections at intervals and you are good to go ✅

Inspection at intervals helps you note issues on time and avert it by correcting it ✅✅

Stay blessed and I wish you all the resources to build soon

Source : https://imranroofing.com.ng/2024/08/26/understanding-the-popularity-and-considerations-of-hidden-roof-designs/


https://www.youtube.com/watch?v=5JEnkYz-xFo?si=pofK-Xl9L7Tk9nF-



https://www.youtube.com/watch?v=IHakBNxOCoA?si=Qm_zeljzHq3Idvvx



https://www.youtube.com/watch?v=M9k-MBeS35Y?si=eGON8p-FCUPCO9Fm

6 Likes

Re: D0nt Be Broke Because You Are Building A Home by MrToothBrush: 12:55pm On Sep 01
That's thoughtful. But a house can also be a source of investment. It only depends where you build it and how you built it.
I can build my first house in a city and build my second house in my Town... there are no villages anymore... grin

By the way, if you are currently erecting a structure in this economy, you are truly a man. The most high has been kind to you

87 Likes 4 Shares

Re: D0nt Be Broke Because You Are Building A Home by Georgry(m): 12:57pm On Sep 01
cheesy

One homie made more than 30m during covid-19, I said go start something but nah! He wanted to build a house, not just a house but a standard one, he's not been able to complete the house till today and he's broke.


The problem with the people doing this is they fail to understand that we are in a different generation, the Baby boomers were the people who brought this mentality, it won't work for you Gen Z or Gen Y, your first big Savings should be used to start a business and the second savings to get a car (owing a car is good for your brand, business is all about brand now, House should come last.

78 Likes 7 Shares

Re: D0nt Be Broke Because You Are Building A Home by redsun(m): 12:58pm On Sep 01
This house has a lovely modest roof. It's a lot better than the towering and overbearing gerad roofing design they commonly use in nigerian buildings. I tried to understand the logic of high pitch roofing, but I couldn't. They waste alot of planks and roofing sheets for a space that could have have been converted to an attic. Moreover, it hides the beauty of a house by shading like a tipi tent. .

24 Likes 2 Shares

Re: D0nt Be Broke Because You Are Building A Home by Oju4190: 1:43pm On Sep 01
Georgry:
cheesy

One homie made more than 30m during covid-19, I said go start something but nah! He wanted to build a house, not just a house but a standard one, he's not been able to complete the house till today and he's broke.


The problem with the people doing this is they fail to understand that we are in a different generation, the Baby boomers were the people who brought this mentality, it won't work for you Gen Z or Gen Y, your first big Savings should be used to start a business and the second savings to get a car (owing a car is good for your brand, business is all about brand now, House should come last.
So u will pack ur Lamborghini in a rented apartment.

18 Likes

Re: D0nt Be Broke Because You Are Building A Home by helinues: 1:51pm On Sep 01
One of the yeye mentality in Nigeria.

Except a house for business, personal house is not an asset but a liability

51 Likes 3 Shares

Re: D0nt Be Broke Because You Are Building A Home by FourQu: 1:53pm On Sep 01
helinues:
One of the yeye mentality in Nigeria.

Except a house for business, personal house is not an asset but a liability

Is that why you live on nairaland? shocked

65 Likes

Re: D0nt Be Broke Because You Are Building A Home by helinues: 1:54pm On Sep 01
FourQu:


Is that why you live on nairaland? shocked

Stop trolling me

Don't you have something meaningful going on with you there to focus on?

40 Likes 2 Shares

Re: D0nt Be Broke Because You Are Building A Home by FourQu: 1:56pm On Sep 01
helinues:


Stop trolling me

Don't you have something meaningful going on with you there to focus on?

But - But . . . You're the greatest troll on nairaland politics section undecided

Why cry now? Hurry up okay 🤡

41 Likes 1 Share

Re: D0nt Be Broke Because You Are Building A Home by helinues: 1:57pm On Sep 01
FourQu:


But - But . . . You're the greatest troll on nairaland politics section undecided

Why cry now? Hurry up okay 🤡

Provide proofs or forever STFU

37 Likes 3 Shares

Re: D0nt Be Broke Because You Are Building A Home by JJacko: 2:00pm On Sep 01
Oju4190:
So u will pack ur Lamborghini in a rented apartment.

I swear. Car wey thief fit carry or e get accident and that's the end. Not to mention it's an unending liability. House before car, homies. Don't let anyone deceive you o, house will always cover your shame. Especially in old age.

34 Likes 2 Shares

Re: D0nt Be Broke Because You Are Building A Home by helinues: 2:01pm On Sep 01
JJacko:
I swear. Car wey thief fit carry or e get accident and that's the end. Not to mention it's an unending liability. House before car, homies. Don't let anyone deceive you o, house will always cover your shame. Especially in old age.

Personal house is also a liability. Are you not going to maintain it yearly? Pay tax? Or are you making money from it?

34 Likes 2 Shares

Re: D0nt Be Broke Because You Are Building A Home by FourQu: 2:03pm On Sep 01
helinues:


Provide proofs or forever STFU

You want ME to show YOU proof that you are a TROLL? shocked

13 Likes

Re: D0nt Be Broke Because You Are Building A Home by ChybuzzDD(m): 2:06pm On Sep 01
helinues:


Personal house is also a liability. Are you not going to maintain it yearly? Pay tax? Or are you making money with it?

Pay tax for a village house?
Which planet are you posting from?

11 Likes

Re: D0nt Be Broke Because You Are Building A Home by helinues: 2:07pm On Sep 01
FourQu:


You want ME to show YOU proof that you are a TROLL? shocked

Why exactly do you want to derail this thread?

Is this thread about politics? Why are some of you just so bitter about politics discussion?

Could you point out to the errors in my comments that warranted this attacking?

Get something meaningful doing and stop derailing threads on NL.

30 Likes 1 Share

Re: D0nt Be Broke Because You Are Building A Home by helinues: 2:09pm On Sep 01
ChybuzzDD:


Pay tax for a village house?
Which planet are you posting from?

Even if you are not paying tax in the village, what would be the economic value of the house in the village?

Aren't you going to maintain it?

34 Likes 2 Shares

Re: D0nt Be Broke Because You Are Building A Home by FourQu: 2:09pm On Sep 01
helinues:


Why exactly do you want to derail this thread?

Is this thread about politics? Why are some of you just so bitter about politics discussion?

Could you point out to the errors in my comments that warranted this attacking?

Get something meaningful doing and stop derailing threads on NL.


Imagine you're crying over a thread that has absolutely nothing to do with politics but it was created in the politics section

And you expect us to take it or you seriously? 🤡

5 Likes 1 Share

Re: D0nt Be Broke Because You Are Building A Home by FourQu: 2:11pm On Sep 01
ChybuzzDD:


Pay tax for a village house?
Which planet are you posting from?

He has no house or responsibilities. He lives here on nairaland where he pays rent by posting against igbos daily cry

15 Likes 1 Share

Re: D0nt Be Broke Because You Are Building A Home by ChybuzzDD(m): 2:12pm On Sep 01
FourQu:


He has no house or responsibilities. He lives here on nairaland where he pays rent by posting against igbos daily cry

grin

3 Likes

Re: D0nt Be Broke Because You Are Building A Home by ChybuzzDD(m): 2:18pm On Sep 01
helinues:


Even if you are not paying tax in the village, what would be the economic value of the house in the village?

Aren't you going to maintain it?

I and my kids enjoy and cruise around & within my own whenever we travel to the village.
Na CCTV camera remain make i put there.

I heard my water collector is leaking, but I'll soon send money to repair it grin. Maintenance shouldn't fear you because that's natural and normal.

7 Likes 1 Share

Re: D0nt Be Broke Because You Are Building A Home by helinues: 2:22pm On Sep 01
ChybuzzDD:


I and my kids enjoy and cruise around & within my own whenever we travel to the village.
Na CCTV camera remain make i put there.

I heard my water collector is leaking, but I'll soon send money to repair it grin. Maintenance shouldn't fear you because that's natural and normal.

So is the house now an asset or a liability?

23 Likes

Re: D0nt Be Broke Because You Are Building A Home by Basicend: 2:33pm On Sep 01
Okay. That is a nice and very decent bongalow building in there.

However, your idea sound very basic to me. Thanks, but no thanks!

3 Likes

Re: D0nt Be Broke Because You Are Building A Home by wittywriter: 2:34pm On Sep 01
money121:
D0nt be broke because you are building a home.

"You've managed to save 10 million, your first big savings, but the only thing you can think of doing is starting to build a duplex in your village? Tomorrow, you'll come out and say that your village people are after your business. Don't use your first savings or business money to build in your village. The house you build in your village is a waste of money; it won't return any income. Instead, it will set your business in town back. Building a house is not like buying a car. The money used to buy a car may not affect your business because it's a one-time expense. However, the money used in building a house can close your business because you'll keep spending until the house is finished.

So.my advice to you is to not use your first money to build a house in the village. If you must do so, learn how to build according to your earnings, like the example I posted.
Georgry:
cheesy

One homie made more than 30m during covid-19, I said go start something but nah! He wanted to build a house, not just a house but a standard one, he's not been able to complete the house till today and he's broke.


The problem with the people doing this is they fail to understand that we are in a different generation, the Baby boomers were the people who brought this mentality, it won't work for you Gen Z or Gen Y, your first big Savings should be used to start a business and the second savings to get a car (owing a car is good for your brand, business is all about brand now, House should come last.



Wittyness
Re: D0nt Be Broke Because You Are Building A Home by Karleb(m): 2:34pm On Sep 01
Building a house is overrated!

11 Likes 1 Share

Re: D0nt Be Broke Because You Are Building A Home by dododawa1: 2:34pm On Sep 01
LIFE GOES ON
Re: D0nt Be Broke Because You Are Building A Home by santaclaws: 2:34pm On Sep 01
The OP is right, but the above doesn't apply to land.

If you make your first money, make sure you BUY LAND cos land always appreciates and you can always resell if you need to.

20 Likes 2 Shares

Re: D0nt Be Broke Because You Are Building A Home by MT: 2:35pm On Sep 01
money121:
D0nt be broke because you are building a home.

"You've managed to save 10 million, your first big savings, but the only thing you can think of doing is starting to build a duplex in your village? Tomorrow, you'll come out and say that your village people are after your business. Don't use your first savings or business money to build in your village. The house you build in your village is a waste of money; it won't return any income. Instead, it will set your business in town back. Building a house is not like buying a car. The money used to buy a car may not affect your business because it's a one-time expense. However, the money used in building a house can close your business because you'll keep spending until the house is finished.

So.my advice to you is to not use your first money to build a house in the village. If you must do so, learn how to build according to your earnings, like the example I posted.

Your title was misleading.

“House” not “Home”.

Besides, you are trying to create a template for people, not minding individuals cases are different. Individuals that are doing mobile business will need a car first but individual that has a store might build a house and create a mini shop in the house; by so doing, he doesn’t need to pay rent and commute to workplace.

Generally , the way you compared a “car” to a “ house” was faulty. A house is generally considered as an asset while a car is a liability.

You failed to consider many factors in your write up.

23 Likes

Re: D0nt Be Broke Because You Are Building A Home by godofuck231: 2:35pm On Sep 01
I did and it was the best decision ofy life

6 Likes

Re: D0nt Be Broke Because You Are Building A Home by jayce232: 2:36pm On Sep 01
money121:
D0nt be broke because you are building a home

So.my advice to you is to not use your first money to build a house in the village. If you must do so, learn how to build according to your earnings, like the example I posted.
Only very few will understand how powerful this post is!

6 Likes 1 Share

Re: D0nt Be Broke Because You Are Building A Home by JuanDeDios: 2:36pm On Sep 01
money121:
D0nt be broke because you are building a home.

"You've managed to save 10 million, your first big savings, but the only thing you can think of doing is starting to build a duplex in your village? Tomorrow, you'll come out and say that your village people are after your business. Don't use your first savings or business money to build in your village. The house you build in your village is a waste of money; it won't return any income. Instead, it will set your business in town back. Building a house is not like buying a car. The money used to buy a car may not affect your business because it's a one-time expense. However, the money used in building a house can close your business because you'll keep spending until the house is finished.

So.my advice to you is to not use your first money to build a house in the village. If you must do so, learn how to build according to your earnings, like the example I posted.
I agree completely.

3 Likes

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