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Nairaland Forum / Nairaland / General / Properties / Can A Single Guy With Income Of #60,000 Build A House (27140 Views)
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Can A Single Guy With Income Of #60,000 Build A House by businessman7(m): 10:09pm On Jul 03, 2017 |
Good day Nl members I'm a single guy a student of Lagos state polythecnic and I earn a salary of #60,000 monthly and I want to put up something to start living in with my parent I'm fed up of paying for rent please I need advise on what to do and how to go about it thanks y'll |
Re: Can A Single Guy With Income Of #60,000 Build A House by MathsChic(f): 10:11pm On Jul 03, 2017 |
Anything is possible! ![]() 20 Likes |
Re: Can A Single Guy With Income Of #60,000 Build A House by Caustics: 10:12pm On Jul 03, 2017 |
Assuming you save 30,000 every month, it will take you 100 months (over 8 years) to save 3 million. which will not even be enough to buy land by then. so NO, you can't build a house in lagos on 60k per month salary. 142 Likes 7 Shares |
Re: Can A Single Guy With Income Of #60,000 Build A House by Nobody: 10:15pm On Jul 03, 2017 |
You can build a Castle. Just Sleep soundly. ![]() 32 Likes 1 Share |
Re: Can A Single Guy With Income Of #60,000 Build A House by MrBrownJay1(m): 10:18pm On Jul 03, 2017 |
Be smart instead of trying to burn bridges... 1st I suggest you rent your own place, then when you become independent and have a clue about what it takes to have your own place, see if you wanna build your own house.... And most importably WHERE you want that house to be. 8 Likes 2 Shares |
Re: Can A Single Guy With Income Of #60,000 Build A House by Olibboy: 10:25pm On Jul 03, 2017 |
hell no! #100000 earners still rented an apartment. 9 Likes 2 Shares |
Re: Can A Single Guy With Income Of #60,000 Build A House by wtfcoded: 11:04pm On Jul 03, 2017 |
Unfortunately NO/impossible. Boost ur source of income 16 Likes 1 Share |
Re: Can A Single Guy With Income Of #60,000 Build A House by Temidayo9(m): 11:10pm On Jul 03, 2017 |
It is possible, for example that's average level 10 teacher's salaries in most States in Nigeria. Yet dey build houses. It might not be a mansion. Start cooperative with just 20k, . In all it depends on the city area. 62 Likes 4 Shares |
Re: Can A Single Guy With Income Of #60,000 Build A House by MrMcJay(m): 1:53am On Jul 04, 2017 |
OP, the truth is bitter, but I'll tell you as it is. You better get your priorities right and stop planning a life of hardship and inconvenience ahead. You earn 60K/Month and you want to build a house in Lagos? Is it dog cage you want to build? Do you even know how much a good chicken cage costs in Lagos? You want to go and build one concrete hut inside one bush where you'll board 100 Naira bike to greet your neighbors good morning? Please, don't put your folks in solitary confinement inside the bush. To be honest, 60K/Month is a lot of money but it's insignificant in a city like present day Lagos. Outside Lagos? Yeah! people earning less build houses. I humbly advise that such money be better invested in building a business that gives you regular side income which in turn increases the funds available for you to build. Also, I'll suggest you work smart and hard. Seek out new opportunities and distinguish yourself in them. That way, you'll be able to earn more and build more than just a house but build a better life for yourself and your family. 174 Likes 15 Shares |
Re: Can A Single Guy With Income Of #60,000 Build A House by sammydoe: 3:26am On Jul 04, 2017 |
If u are serious go to lagos state homs website u can see a room and parlour for 1.5 m in epe, with monthly payment of 15k and a 5 per cent deposit. 43 Likes 6 Shares |
Re: Can A Single Guy With Income Of #60,000 Build A House by veekid(m): 7:23am On Jul 04, 2017 |
Yeah; take a loan 5 Likes 1 Share |
Re: Can A Single Guy With Income Of #60,000 Build A House by TINALETC3(f): 7:24am On Jul 04, 2017 |
![]() ![]() 19 Likes 2 Shares |
Re: Can A Single Guy With Income Of #60,000 Build A House by olaezebala: 7:24am On Jul 04, 2017 |
yes, in osun state. try ilobu, ede, ifon, gbongan, ikire, ikirun... need more names? 8 Likes |
Re: Can A Single Guy With Income Of #60,000 Build A House by idris4r83(m): 7:25am On Jul 04, 2017 |
Sure u can, but it will take a looooooooooong saving time bro. Start with 30k monthly savings if u can. It will take years but you will get there someday. The issue is u still have to b paying the rents for the savings period which may sloooooow down d savings accumulations. It also depends on the locations where u want to build the house. I know people in d north earning even a little less than that n are building their houses. 4 Likes |
Re: Can A Single Guy With Income Of #60,000 Build A House by gunners160(m): 7:25am On Jul 04, 2017 |
Abujaexpress:I wonder why some people think so shallow and myopic. Yes,OP u can build ur own house with 60k monthly salary and stop minding all this drunkards that thinks so shallow Some people dnt make as much as you do and today they are landlords,all you just need is the determination and drive to start something. First save and get a land and stop looking at your present state or status.I can categorically tell you that even if you make 1million monthly,if you don't have the derive to build a house,you won't. Get a land and see how things would work for you supereagle:I wonder why some people think so shallow and myopic. testimonies by Nairalanders ( doubting Thomas) 60 Likes 5 Shares |
Re: Can A Single Guy With Income Of #60,000 Build A House by jazinogold(m): 7:25am On Jul 04, 2017 |
Op I have this message for you..... 8 Likes 3 Shares
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Re: Can A Single Guy With Income Of #60,000 Build A House by myners007: 7:25am On Jul 04, 2017 |
Obviously yes but with mud and thatches 1 Like |
Re: Can A Single Guy With Income Of #60,000 Build A House by Biggty(m): 7:25am On Jul 04, 2017 |
Not possible in this present day Naija 1 Like |
Re: Can A Single Guy With Income Of #60,000 Build A House by BiafraBushBoy(m): 7:25am On Jul 04, 2017 |
No!!!! But if you compliment the income by doing other side jobs, then you can dream of such!! Jobs such as... http://topwritersden.com/5-work-from-home-jobs-for-job-seekers/ 1 Like |
Re: Can A Single Guy With Income Of #60,000 Build A House by obaival(m): 7:25am On Jul 04, 2017 |
Ofcus wit no roofing nah 2 Likes |
Re: Can A Single Guy With Income Of #60,000 Build A House by itiswellandwell: 7:25am On Jul 04, 2017 |
Yes. You can built a house with such salary, but i cant guarantee you will build a better house. You might later regret building the house because you wont build something strong and quality materials wont be used for the house as your mindset will be that of building a house and not building with a quality material. I will advice you like someone as said above, that you should divert that money into a business in order to have much funds for the building project. DONT LET YOUR CASE BE THAT OF PERSON WEY GO ENTER FASTING AND PRAYER MAKE RAIN NO FALL OR MAKE THE RAIN NO HEAVY MAKE THE RAIN NO CARRY THE ROOF OF THE HOUSE. Wish you all the very best. Check my signature for your full capacity powerbank. 4 Likes |
Re: Can A Single Guy With Income Of #60,000 Build A House by Ogashub(m): 7:25am On Jul 04, 2017 |
Yes... But it might take him a life time to complete especially if he is married..... Btw depends on your definition of a house people get different taest |
Re: Can A Single Guy With Income Of #60,000 Build A House by spokesboy: 7:25am On Jul 04, 2017 |
Yes. I got one of the greatest challenge in life when two things happened to me, (1.) when my driver on a N23,000 take home salary in 2008 announced to me that he's moving into his newly built house (meanwhile, I the boss have never bought a single plot in Lagos. I was a very loyal tenant); and (2.) in 2009 when I stumbled on an article online about "How to build a house on N10,000 salary" on a real estate blog - BuildingContractorSecrets..com. Today, I now have my own house - one of my best investments. Thanks to my driver and the online article. 26 Likes 1 Share |
Re: Can A Single Guy With Income Of #60,000 Build A House by DatLagboi(m): 7:26am On Jul 04, 2017 |
yes you would be done by 100 years time |
Re: Can A Single Guy With Income Of #60,000 Build A House by babyfaceafrica: 7:26am On Jul 04, 2017 |
It's difficult bro..very difficult |
Re: Can A Single Guy With Income Of #60,000 Build A House by rachaeladiya(f): 7:26am On Jul 04, 2017 |
Hmmm |
Re: Can A Single Guy With Income Of #60,000 Build A House by Gobhanky: 7:26am On Jul 04, 2017 |
In others southwest. Buh lag is out of it. Ph Abj Calabar Delta Edo well yes Go rent room and parlor my guy Dey mount block every two weeks Within a year your house is ready 3 Likes |
Re: Can A Single Guy With Income Of #60,000 Build A House by jashar(f): 7:26am On Jul 04, 2017 |
Location location location |
Re: Can A Single Guy With Income Of #60,000 Build A House by NwaAmaikpe: 7:26am On Jul 04, 2017 |
![]() He can build a goat-house, Rear goats, Sell them Save money to build a small Shanty. 2 Likes 1 Share |
Re: Can A Single Guy With Income Of #60,000 Build A House by ekmike(m): 7:27am On Jul 04, 2017 |
I salute your courage ma brother..with a mind like this you can build estates. Think about it, there are people within this salary group who desire to own a house. 6 Likes |
Re: Can A Single Guy With Income Of #60,000 Build A House by FunmyKemmy(f): 7:27am On Jul 04, 2017 |
You can. 1 Like |
Re: Can A Single Guy With Income Of #60,000 Build A House by fufuNegusi(m): 7:27am On Jul 04, 2017 |
sammydoe: Good idea I go with this |
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