EgunMogaji:


You know Hajj, my apartment garage is sitting at N1.7m roofed shell.

It'll cost me another N3m maybe to fully outfit it (I'm just guessing because I don't budget but just do what's necessary but I write down the expenses fastidiously). I don't like stress and I get easily disappointed if things "kamilaya". This is one reason why a QS is mostly useless to me.

So, can a hardy person buy land (the N1.7m doesn't include land, fence and gate as I apportioned that to the main building itself since this is just an accessory building), build a 3 bedroom house? I think it's possible. You and I maybe would never live and entertain family in such. Not because we're proud and aloof, but because we've developed standards and taste that we toil hard so that we can afford them.

You know as we've been educated by allCopacetic recently, there are N300 (I think) switches and N900 ones. The N300 one will turn the light on and off but damn the N900 will feel and look so godamn good on the edge of your fingers as you slide it across the firm but sleek ivory surface and respond with an assertive and obedient click that would never leave you in doubt that it accepted your command. Egun would never buy the N300 switch but will search to the end of the world until he can get the N900 switch at near N300 as possible.

OK. You are already at 4.7m (1.7m + 3.0m) without other amenities or land, fence included. So how could N5m be enough?
I agreed with Diordaves we don't have to build a huge mansion for retirement homee, but if you can afford it better.
Nobody lives overseas and coming home to live without comfort... Then where is the fruit of your labor?

Hajji M.

With all the talk about pensions. What do folks think about the stock market and interest rates. Not an expert on USA 401k, used to work in that sector before but European. It's all tied to the stock market or fund managers, also here the BOE just reduced rates to 0.25 piling further misery to savers and pension plans.

I still believe in a mixed portfolio if one can strategise or afford it. That is for non govt workers. Most old time govt workers in the UK have gold plated pensions, which was more the attraction however they seem to be increasing retirement age almost every few years. I don't think I want to work up till 67 or whatever it is. Before then I would love to be in nija, a jeep and my boat which my jeep can tow. A decent house with a pool, that the kids and grand kids would love to visit Africa for, that would do just nicely, good health and something to keep busy with but no biz. I'm fine.

mufutau55:


No you got it wrong... I am not talking a N20m for 3 Bedrooms... NO. Personally 3 Bedrooms is not standard to me.. to others, may be.
So I said a standard house... not naming the three bedrooms... My argument is that even a 3 Bedrooms with all the required needed amenities will go pass N5m. But then our standard varies... so finishing also get levels and that is where money goes. By the time you finish the house and started with fence/gates, water treatments and all the other goodies.. N5m is gone and beyond.
Frankly, I have no budget for my present build... I see good stuff that I can afford.. I implement it...

Hajji M.

sai baba, i salute, i guess it's different strokes for different people but when i retire in decades to come, i plan for it to be on a small bungalow with a garden, a fish pond and a workshop where i can do a semi active work making quality aba/onitsha made sandals or hand crafted furniture for the show room in town, in order words, any house that requires climbing stairs or a lot of cleaning to keep it in order won't work for me so i would downgrade to a smaller house when i retire but that's me not you.

mufutau55:


OK. You are already at 4.7m (1.7m + 3.0m) without other amenities or land, fence included. So how could N5m be enough?
I agreed with Diordaves we don't have to build a huge mansion for retirement homee, but if you can afford it better.
Nobody lives overseas and coming home to live without comfort... Then where is the fruit of your labor?

Hajji M.

But my Hajj, I never said N5m will be enough for me.

My real estate mantra is "the biggest house that I can afford".

mavverick:
With all the talk about pensions. What do folks think about the stock market and interest rates. Not an expert on USA 401k, used to work in that sector before but European. It's all tied to the stock market or fund managers, also here the BOE just reduced rates to 0.25 piling further misery to savers and pension plans.

I still believe in a mixed portfolio if one can strategise or afford it. That is for non govt workers. Most old time govt workers in the UK have gold plated pensions, which was more the attraction however they seem to be increasing retirement age almost every few years. I don't think I want to work up till 67 or whatever it is. Before then I would love to be in nija, a jeep and my boat which my jeep can tow. A decent house with a pool , that the kids and grand kids would love to visit Africa for, that would do just nicely, good health and something to keep busy with but no biz. I'm fine.

I concur.

abouzaid:
sai baba, i salute, i guess it's different strokes for different people but when i retire in decades to come, i plan for it to be on a small bungalow with a garden, a fish pond and a workshop where i can do a semi active work making quality aba/onitsha made sandals or hand crafted furniture for the show room in town, in order words, any house that requires climbing stairs or a lot of cleaning to keep it in order won't work for me so i would downgrade to a smaller house when i retire but that's me not you.

Yes sir. Even the Three bedrooms also get level. I saw a three bedrooms advertised here in Lekki for 75m. Imagine that!
If I get 75m.... I don't even know what I will do... Yeah.. I was stupid not to build a bungalow, now my knees are crying for bungalow.
Another part of planning ahead... Don't wait o, decades eventually becomes tomorrow.

Hajji M.

EgunMogaji:

But my Hajj, I never said N5m will be enough for me.
My real estate mantra is "the biggest house that I can afford".

Of course you never so... I am just giving another example.. of how N5m may not be enough.
But Diordaves is surely right, we don't have to build mansion for retirement home,
especially for people like me who only have few more years to spend on earth... before
we go say we are building it for the kids... where, which kids.. they have their own life now.

Hajji M.

Haji

abi we Don meet for lagos motor boat club at awolowo road ?

EgunMogaji:


I concur.

mufutau55:


Yes sir. Even the Three bedrooms also get level. I saw a three bedrooms advertised here in Lekki for 75m. Imagine that!
If I get 75m.... I don't even know what I will do... Yeah.. I was stupid not to build a bungalow, now my knees are crying for bungalow.
Another part of planning ahead... Don't wait o, decades eventually becomes tomorrow.

Hajji M.

a three bedroom bungalow for 75m, please count me out, if i have 75m, i will retire at the age of forty to the suburbs, in a small house on atleast a half acre plot and spend the rest of my life doing those things i have always wanted to do. i hate Lagos life by the way.

mufutau55:


Of course you never so... I am just giving another example.. of how N5m may not be enough.
But Diordaves is surely right, we don't have to build mansion for retirement home,
especially for people like me who only have few more years to spend on earth... before
we go say we are building it for the kids... where, which kids.. they have their own life now.

Hajji M.

My Grand father now had to re construct his 2 story duplex cos he can no longer climb the stairs, mind you he is 112 years plus. walking without aid.This house was built in the early 80s

Haji

before the recession a plot of about 900sqm goes for 150m in lekki phase 1.
Mind, this is just land o. Nicon town in lekki is not far behind either. 6 years ago when dollar was like 150, I used to say proudly to non Nigerians that there is a place where land there alone will cost $1m In the same lagos they try to run down with their mouth.

With the recession, such properties have had their prices reduced.

mufutau55:


Yes sir. Even the Three bedrooms also get level. I saw a three bedrooms advertised here in Lekki for 75m. Imagine that!
If I get 75m.... I don't even know what I will do... Yeah.. I was stupid not to build a bungalow, now my knees are crying for bungalow.
Another part of planning ahead... Don't wait o, decades eventually becomes tomorrow.

Hajji M.

abouzaid:
a three bedroom bungalow for 75m, please count me out, if i have 75m, i will retire at the age of forty to the suburbs, in a small house on atleast a half acre plot and spend the rest of my life doing those things i have always wanted to do. i hate Lagos life by the way.

When I saw it... it was like 4 Units, so I asked if it was for the whole units.. the guy laughed at me...
I just skipped the thread... but I still come across it being advertised... I guess no taker.. Na wah o.
I have never counted 75m in Naija in my lifetime o.

Hajji M.

mavverick:
Haji

before the recession a plot of about 900sqm goes for 150m in lekki phase 1.
Mind, this is just land o. Nicon town in lekki is not far behind either. 6 years ago when dollar was like 150, I used to say proudly to non Nigerians that there is a place where land there alone will cost $1m In the same lagos they try to run down with their mouth.

With the recession, such properties have had their prices reduced.

And especially during those 16 years of Political thieveries.

Hajji M.

erico2k2:

My Grand father now had to re construct his 2 story duplex cos he can no longer climb the stairs, mind you he is 112 years plus. walking without aid.This house was built in the early 80s

Same thing will happen to me and I don't think I can make it to 112 years with all this toxic foods we are eating everyday.
Thank God, I have a good room downstairs to use AND another good Livingroom upstairs, where I don't have to come down.
Nah adequate planning dey kill us... but we too like the Duplex to overlook everybody for neighborhood.

Hajji M.

mufutau55:


Same thing will happen to me and I don't think I can make it to 112 years with all this toxic foods we are eating everyday.
Thank God, I have a good room downstairs to use AND another good Livingroom upstairs, where I don't have to come down.
Nah adequate planning dey kill us... but we too like the Duplex to overlook everybody for neighborhood.

Hajji M.

ahaha U know nah,we like to do close to the kind of life we don use to abroad.But U know nah, most of us don see strong thing pass people wey dey 9ja sef, So we be like water proof bag inside soap water.

God !!

mufutau55:


When I saw it... it was like 4 Units, so I asked if it was for the whole units.. the guy laughed at me...
I just skipped the thread... but I still come across it being advertised... I guess no taker.. Na wah o.
I have never counted 75m in Naija in my lifetime o.

Hajji M.

That is just ridiculous. Before the recession, plots at ibeju Lekki (good dry land) were above 5 million but they all went down by 50%. But few years from now ibeju Lekki will catch up with its environs. Building the actual house with proper planning should cost nothing less than 30million but with estate appreciating investors are soon going to start selling closer to the 75million mark. Just recently I know of a popular investor that just bought plots of lands closer to mine and his goal is actually to start building few years and hope to triple his return. Recently, some of use are already looking at constructing all the roads and also putting plans in place to boost the security and also make our community there an estate and adding to the fact that dangote is still going ahead with the proposed refinery. Imagine how fast prices skyrocket soon.

The story about no money in Nigeria is false o. A lot of Nigerians are loaded and are ready to buy such houses at right.

mufutau55:


Yes sir. Even the Three bedrooms also get level. I saw a three bedrooms advertised here in Lekki for 75m. Imagine that!
If I get 75m.... I don't even know what I will do... Yeah.. I was stupid not to build a bungalow, now my knees are crying for bungalow.
Another part of planning ahead... Don't wait o, decades eventually becomes tomorrow.

Hajji M.

Do you have an additional master suites downstairs? You can retrofit a small lift.

It was a bungalow for me or nothing with advanced age in mind. With wide 4' hallways and walk through bathroom and closet.

.........CONT'D

How can one retire constructively and effective in Nigeria?

If you look at the above statement, you will noticed that I have modified it slight to include home based sisters and brothers as well due to the contributions from the home based. Retirement in Nigeria is a key issue no doubt. It is no joking matter to spend your twilight years in abject poverty or depending on the kids for pension. That's not on.

Let's make this very clear: we mean retirement as in with due apology to Qc1 "I am tired" I want to go home to rest. This means no more work. So if you go home to a lucrative job, you've not retired.

We have been corrected by Egunmogaji and Hajj M that "no how, no how" if you've worked in the USA, there is a pension for you. It may be small but "you go get something". Now if you are "tired" (Qc1 no vex o. I feel your pain) and you are in this scenario, walk down to your work and pension office and tell them you are tired, you want to go back to Africa, they should calculate what is due you monthly. Take the figure given and times it by the current exchange rate see if you can have a decent living with it in Nigeria. So for folks like myself, Egunmogaji, Hajj M, mavvrick, erico2k2 etc it's a no brainer. So for the homebase and the diaspora without secured monthly pension from government or retirement plan, how can we retire or go back home?

But before that I will like to digress a bit to rope-in those with decades to go before retirement. I grew up with my grand mother, a powerful woman if ever there was one. As a boy of I think 13 - 15 years, she told me something I will never forget. Though I did not take it seriously not until I left university. She woke me up as was the characteristics then one earlier morning (5 am or ealier) to counsel me. She said " my child, there are only two things a man (woman) can acquire in life: a good education and lands. I told her I've heard and went back to sleep. I never thought of this day until I graduated.

Now like Qc1, I came abroad about the same time in the earlier 90s. So what if I had taken my granny's advice; I've acquired a good education and if every year as a Christmas present to myself I bought minimum one plot of land in Nigeria for the past 20 years of about N80k per plot on average in up and coming areas which includes Lekki, I will be talking of 20 plots. Now a plot bought in Ago Place Way in Lagos in the 90s for a song was sold for 21 million few years back. Say you have 20 of such plots........do the maths and tell me if any retirement plan will yield as much. Another half plot in Effurun GRA near Warri Delta State acquired in the 90s was recently sold for 13 million. So if you've got decades to go before retirement, do yourself a favour, take my granny's advice, buy one plot a year (minimum) in Nigeria nothing more than 400K. You must not develop all. Speculate to accumulate and then consolidate later on in life.

I will retire differently:

I will go to the outskirt of town to buy a minimum of 5 acres or more if together for about a million or two. Is this possible? yes it is. I should know and I do know.

I will build a cottage (bungalow) of N5 million.

I will turn the rest of the land into a cottage industry for the growing of crops, vegetables and animal husbandry, fishery and poultry. Will I do the farming? Of course not! I'm retired remember? I will provide employment to a couple of farm hands and graduates. I will only impart the knowledge and monitor proceedings.

I will go to china, India and the USA to buy milling machinery, Grinding machinery, food processing and packaging machine and cottage industry tools etc. Please visit this site for a better perspective: http://www.songhai.org/index.php/en/home-en or

In the cottage industry we will be producing stuff like Garri, Lafun, Amala, poultry feed, smoked fish, snail, eggs, fish, canned tomatoes, live and frozen chicken, fruit juices, bakery etc all produce and grown from within.

I will open a sales outlet right there to flog the product to the local community.

Lets put all together. From previously we have 30 million to play with. So I will use 5 million to build the cottage, 10 million for farm/cottage machinery, seedlings etc.

15 million in liquid cash just in case till things mature.

I will not stay in the city. I like to walk a lot which I can do in my estate or sit under a tree and just watch the kids and grand kids play and run about. If any of the kids is visiting and thinks three bedroom is too small, there is enough land about; go build a pad for yourself. I don try.

EgunMogaji:

Do you have an additional master suites downstairs? You can retrofit a small lift.
It was a bungalow for me or nothing with advanced age in mind. With wide 4' hallways and walk through bathroom and closet.

Unfortunately no Master Suites downstairs. Yes, very wide hallways both downstairs and upstairs...
Talking about bad planning sometimes... but I will survive.

Hajji M.

diordaves:
.........CONT'D

How can one retire constructively and effective in Nigeria?

If you look at the above statement, you will noticed that I have modified it slight to include home based sisters and brothers as well due to the contributions from the home based. Retirement in Nigeria is a key issue no doubt. It is no joking matter to spend your twilight years in abject poverty or depending on the kids for pension. That's not on.

Let's make this very clear: we mean retirement as in with due apology to Qc1 "I am tired" I want to go home to rest. This means no more work. So if you go home to a lucrative job, you've not retired.

We have been corrected by Egunmogaji and Hajj M that "no how, no how" if you've worked in the USA, there is a pension for you. It may be small but "you go get something". Now if you are "tired" (Qc1 no vex o. I feel your pain) and you are in this scenario, walk down to your work and pension office and tell them you are tired, you want to go back to Africa, they should calculate what is due you monthly. Take the figure given and times it by the current exchange rate see if you can have a decent living with it in Nigeria. So for folks like myself, Egunmogaji, Hajj M, mavvrick, erico2k2 etc it's a no brainer. So for the homebase and the diaspora without secured monthly pension from government or retirement plan, how can we retire or go back home?

But before that I will like to digress a bit to rope-in those with decades to go before retirement. I grew up with my grand mother, a powerful woman if ever there was one. As a boy of I think 13 - 15 years, she told me something I will never forget. Though I did not take it seriously not until I left university. She woke me up as was the characteristics then one earlier morning (5 am or ealier) to counsel me. She said " my child, there are only two things a man (woman) can acquire in life: a good education and lands. I told her I've heard and went back to sleep. I never thought of this day until I graduated.

Now like Qc1, I came abroad about the same time in the earlier 90s. So what if I had taken my granny's advice; I've acquired a good education and if every year as a Christmas present to myself I bought minimum one plot of land in Nigeria for the past 20 years of about N80k per plot on average in up and coming areas which includes Lekki, I will be talking of 20 plots. Now a plot bought in Ago Place Way in Lagos in the 90s for a song was sold for 21 million few years back. Say you have 20 of such plots........do the maths and tell me if any retirement plan will yield as much. Another half plot in Effurun GRA near Warri Delta State acquired in the 90s was recently sold for 13 million. So if you've got decades to go before retirement, do yourself a favour, take my granny's advice, buy one plot a year (minimum) in Nigeria nothing more than 400K. You must not develop all. Speculate to accumulate and then consolidate later on in life.

I will retire differently:

I will go to the outskirt of town to buy a minimum of 5 acres or more if together for about a million or two. Is this possible? yes it is. I should know and I do know.

I will build a cottage (bungalow) of N5 million.

I will turn the rest of the land into a cottage industry for the growing of crops, vegetables and animal husbandry, fishery and poultry. Will I do the farming? Of course not! I'm retired remember? I will provide employment to a couple of farm hands and graduates. I will only impart the knowledge and monitor proceedings.

I will go to china, India and the USA to buy milling machinery, Grinding machinery, food processing and packaging machine and cottage industry tools etc. Please visit this site for a better perspective: http://www.songhai.org/index.php/en/home-en or

In the cottage industry we will be producing stuff like Garri, Lafun, Amala, poultry feed, smoked fish, snail, eggs, fish, canned tomatoes, live and frozen chicken, fruit juices, bakery etc all produce and grown from within.

I will open a sales outlet right there to flog the product to the local community.

Lets put all together. From previously we have 30 million to play with. So I will use 5 million to build the cottage, 10 million for farm/cottage machinery, seedlings etc.

15 million in liquid cash just in case till things mature.

I will not stay in the city. I like to walk a lot which I can do in my estate or sit under a tree and just watch the kids and grand kids play and run about. If any of the kids is visiting and thinks three bedroom is too small, there is enough land about; go build a pad for yourself. I don try.

How are you able to keep all these plots safe from fiends?

I need about 10 acres for a scheme that I will not dabble in until close to retirement but I am afraid of the accursed Omo Oniles.

Please guide me on how you are protecting them, I need to buy the acreage sooner than later.

mufutau55:


Unfortunately no Master Suites downstairs. Yes, very wide hallways both downstairs and upstairs...
Talking about bad planning sometimes... but I will survive.

Hajji M.

Can you send your plan to Darynex to see what he can do with getting you a masters suite at this stage of development? The guy is a wizard I tell you.

Are your stairs a straight flight? Scratch that, I can see that they have stair lifts for curved stairs too. But if NEPA take light in the middle then you're OYO

diordaves:
.........CONT'D

How can one retire constructively and effective in Nigeria?

If you look at the above statement, you will noticed that I have modified it slight to include home based sisters and brothers as well due to the contributions from the home based. Retirement in Nigeria is a key issue no doubt. It is no joking matter to spend your twilight years in abject poverty or depending on the kids for pension. That's not on.

Let's make this very clear: we mean retirement as in with due apology to Qc1 "I am tired" I want to go home to rest. This means no more work. So if you go home to a lucrative job, you've not retired.

We have been corrected by Egunmogaji and Hajj M that "no how, no how" if you've worked in the USA, there is a pension for you. It may be small but "you go get something". Now if you are "tired" (Qc1 no vex o. I feel your pain) and you are in this scenario, walk down to your work and pension office and tell them you are tired, you want to go back to Africa, they should calculate what is due you monthly. Take the figure given and times it by the current exchange rate see if you can have a decent living with it in Nigeria. So for folks like myself, Egunmogaji, Hajj M, mavvrick, erico2k2 etc it's a no brainer. So for the homebase and the diaspora without secured monthly pension from government or retirement plan, how can we retire or go back home?

But before that I will like to digress a bit to rope-in those with decades to go before retirement. I grew up with my grand mother, a powerful woman if ever there was one. As a boy of I think 13 - 15 years, she told me something I will never forget. Though I did not take it seriously not until I left university. She woke me up as was the characteristics then one earlier morning (5 am or ealier) to counsel me. She said " my child, there are only two things a man (woman) can acquire in life: a good education and lands. I told her I've heard and went back to sleep. I never thought of this day until I graduated.

Now like Qc1, I came abroad about the same time in the earlier 90s. So what if I had taken my granny's advice; I've acquired a good education and if every year as a Christmas present to myself I bought minimum one plot of land in Nigeria for the past 20 years of about N80k per plot on average in up and coming areas which includes Lekki, I will be talking of 20 plots. Now a plot bought in Ago Place Way in Lagos in the 90s for a song was sold for 21 million few years back. Say you have 20 of such plots........do the maths and tell me if any retirement plan will yield as much. Another half plot in Effurun GRA near Warri Delta State acquired in the 90s was recently sold for 13 million. So if you've got decades to go before retirement, do yourself a favour, take my granny's advice, buy one plot a year (minimum) in Nigeria nothing more than 400K. You must not develop all. Speculate to accumulate and then consolidate later on in life.

I will retire differently:

I will go to the outskirt of town to buy a minimum of 5 acres or more if together for about a million or two. Is this possible? yes it is. I should know and I do know.

I will build a cottage (bungalow) of N5 million.

I will turn the rest of the land into a cottage industry for the growing of crops, vegetables and animal husbandry, fishery and poultry. Will I do the farming? Of course not! I'm retired remember? I will provide employment to a couple of farm hands and graduates. I will only impart the knowledge and monitor proceedings.

I will go to china, India and the USA to buy milling machinery, Grinding machinery, food processing and packaging machine and cottage industry tools etc. Please visit this site for a better perspective: http://www.songhai.org/index.php/en/home-en or

In the cottage industry we will be producing stuff like Garri, Lafun, Amala, poultry feed, smoked fish, snail, eggs, fish, canned tomatoes, live and frozen chicken, fruit juices, bakery etc all produce and grown from within.

I will open a sales outlet right there to flog the product to the local community.

Lets put all together. From previously we have 30 million to play with. So I will use 5 million to build the cottage, 10 million for farm/cottage machinery, seedlings etc.

15 million in liquid cash just in case till things mature.

I will not stay in the city. I like to walk a lot which I can do in my estate or sit under a tree and just watch the kids and grand kids play and run about. If any of the kids is visiting and thinks three bedroom is too small, there is enough land about; go build a pad for yourself. I don try.

My brother o can you please share such locations where lands are going for 400k?

@Diordaves I dey with you, makes perfect sense.

I have about 10 undeveloped plots of lands in various places... I see cheap and I buy... I listened to your Granny.. Very wise.
Everything makes perfect sense o. But protecting those lands in Nigeria a tough job o. People ready to steal the land any minute.

Hajji M.

ABEG WHEN EVERY BODY DON RETIRE FINISH. I DEY WAIT UNA FOR NIGERIA. MAKE UNA BRING UNA PENSION MONEY

EgunMogaji:

Can you send your plan to Darynex to see what he can do with getting you a masters suite at this stage of development? The guy is a wizard I tell you.
Are your stairs a straight flight? Scratch that, I can see that they have stair lifts for curved stairs too. But if NEPA take light in the middle then you're OYO

Too late.. I have looked into that... things are far gone now.

Hajji M.

skimanski:
ABEG WHEN EVERY BODY DON RETIRE FINISH. I DEY WAIT UNA FOR NIGERIA. MAKE UNA BRING UNA PENSION MONEY

Of course... you go build house for us now...

Hajji M.

skimanski:
ABEG WHEN EVERY BODY DON RETIRE FINISH. I DEY WAIT UNA FOR NIGERIA. MAKE UNA BRING UNA PENSION MONEY

Yes oo we are waiting for them right here.

mufutau55:


Unfortunately no Master Suites downstairs. Yes, very wide hallways both downstairs and upstairs...
Talking about bad planning sometimes... but I will survive.

Hajji M.

N5m retirement home is possible in Naija and you'll live comfortably in it.

It's all about choices. We mostly pay attention to things that do not really add value.

Get the best location. And build the most simplest house.

_________
400k lands are still so plenty in Epe (the next BIG thing), Agbowa/Imota (proposed New Mile 12 market), and so many more areas.

EgunMogaji:


How are you able to keep all these plots safe from fiends?

I need about 10 acres for a scheme that I will not dabble in until close to retirement but I am afraid of the accursed Omo Oniles.

Please guide me on how you are protecting them, I need to buy the acreage sooner than later.

Protecting your land is not easy, but if you have a regular income, you could be doing something to "show your presence" on the land as the years roll by.

I started buying lands very early in life, and .as soon as I buy, I take possession of the land, it takes me a few hours to send two trips of sand on a new plot and by tomorrow I will be fencing the land. Even if it's foundation and two courses of blocks showing on the ground and then I keep touching it upwards every now and then.

Get good documentation on the land as soon as possible so that you can win any claims even in court.

The plots I bought for N350k back then cannot even be sold for 20m now.

mufutau55:


Same thing will happen to me and I don't think I can make it to 112 years with all this toxic foods we are eating everyday.
Thank God, I have a good room downstairs to use AND another good Livingroom upstairs, where I don't have to come down.
Nah adequate planning dey kill us... but we too like the Duplex to overlook everybody for neighborhood.

Hajji M.

Hmm! I agree that Nigerians are impulse buyers. We build and buy what we really don't need. To impress? To match out living standard? To tell a story (how I wish) like we are all doing now.

I never thought of having a master suite on the first floor but a studio with all its appurtenances is what I factored in and my guest bed is equally on the first floor with direct access to a family living and a kitchenette. God knows I can count the number of time I've visited my first floor. It's never up to 100 days since (during construction and after it was built) the house was constructed.

Why? I knew I'll be of age one day and I don't to employ the service of a servant just because of lack of inadequate planning; and more importantly I do not plan to build my nest here and there. A simple house that has it all (comfort, space, nature and security) will do for me.

spyder880:


Protecting your land is not easy, but if you have a regular income, you could be doing something to "show your presence" on the land as the years roll by.

I started buying lands very early in life, and .as soon as I buy, I take possession of the land, it takes me a few hours to send two trips of sand on a new plot and by tomorrow I will be fencing the land. Even if it's foundation and two courses of blocks showing on the ground and then I keep touching it upwards every now and then.

Get good documentation on the land as soon as possible so that you can win any claims even in court.

The plots I bought for N350k back then cannot even be sold for 20m now.

Nice idea.

It will be near impossible for me to fence 10 acres