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Discuss Anything Property And Lets Make Money In The Process / Residential Building Construction Mistakes In Nigeria You Need To Avoid / General Topic Thread - The Roforofo Thread Of Construction Activities (2) (3) (4)
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by bixton(m): 9:05am On Jan 18, 2021 |
Dijita: Do you think using #200M to buy a plot of land is spending any how to someone who still has much more than that untouched? While it may seem absurd to one it means fantastic to another. It is all in a mindset. No two people are alike. There's what is called foresight and insight in investment. 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Dijita: 9:15am On Jan 18, 2021 |
BrabusNG: So you’re of the opinion, anyone who buy a 200m land in Nigeria is a thief Go back and read my comment I think this is kobokobo world so some projects will seem like impossible to many of us. Come to skyscraper city and see how architects are talking about million dollar projects funded by banks. This is a different scenario. the discussion is owners funded purchases If I have 200m, there are areas in Lekki that I’ll like to own a plot and flip within 2 years. But you don't neither do i. Even in a situation where banks is funding all kind of project you still don't. If he doesn’t know what to do his money, in order to turn it over and make more money, he’ll assume investing 200m in real estate is a waste of money. Investment is not waste of money. however investment decisions are based on risk and benefit analysis. Do you think the risk and benefit analysis of investing in Nigeria real estate are better than investing in Tesla, Microsoft, Google, Ali Baba, Square Trade, sales Force, Facebook, etc? 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Jasobry: 9:24am On Jan 18, 2021 |
Dijita: If i may ask, how much should be the maximum amount to pay for a plot of land? 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by BrabusNG: 9:25am On Jan 18, 2021 |
Dijita: I give up One thing I can assure you is I know what to do with my money that'll will earn me a lot more than what I’ll get from Tesla, Facebook and the likes. Next thing you’ll assume, I rob a bank 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by bixton(m): 9:30am On Jan 18, 2021 |
Dijita: When I did MBA in PM, the lecturer handling financial accounting said many of those who are academics find it hard to invest because they are always calculating the uncertainty more than the benefits. 7 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Dijita: 9:32am On Jan 18, 2021 |
bixton:Do you think using #200M to buy a plot of land is spending any how to someone who still has much more than that untouched? No I don't think, However if you are spending #200m on a land you are about to build a billion naira house. To build a billion naira house you should be worth at least 5 billion. How many business people worth that much in Nigeria? How many of them is ready to take one billion out of their business to build a house? |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Dijita: 9:39am On Jan 18, 2021 |
BrabusNG: There is no dispute there . Elon Musk knows what to do with his money that is why he is worth what he is worth. I know what I can do with #200million that will give me higher return than real estate investment in Lekki 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Dijita: 9:44am On Jan 18, 2021 |
Jasobry:Depends on your pocket and your taste . you could pay a billion naira if you choose to |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Jasobry: 9:58am On Jan 18, 2021 |
Dijita: So let's accept that no amount is too much to pay for a land.its all about choice. Everyone mustn't live in Lagos, Abuja. 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Jasobry: 10:00am On Jan 18, 2021 |
BrabusNG: 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Jasobry: 10:01am On Jan 18, 2021 |
bixton: They are always finding X 4 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by true2home(m): 10:27am On Jan 18, 2021 |
If you want to know the least person to take investment advice from, Go to the a Nigerian Ph.D Holder!....I call them the "Permanent Head Damage" people. They hardly create or build anything, all theY know is CRITICISM and one useless analysis Jasobry: 8 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by true2home(m): 10:38am On Jan 18, 2021 |
To invest in Nigeria as a Nigerian is simply a patriotic thing. Like someone said earlier, investment can take many forms. Some investment are economical, some are patriotism, some are social development, some are egoistical. Not every thing is MONEY or HOW to MAKE MORE!!! There is a saying that when you are looking for money and you meet Honor on the way, you might as well head back home because after you find money, its Honor that you will likely buy with it. Lastly, please don't be surprise if Dangote becomes the richest man in the world when he concludes his refinery. There are ridiculous ways to make Crazy money in Nigeria if you truly believe in Nigeria and pay attending to the needs of the 200M people in there. Most of us are focus abroad, and that's why we think little of our potential. There is no dispute there . Elon Musk knows what to do with his money that is why he is worth what he is worth. I know what I can do with #200million that will give me higher return than real estate investment in Lekki[/quote] 5 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by michlins(m): 10:41am On Jan 18, 2021 |
We create perfection. You can't pay me and not enjoy every kobo spent 4 Likes
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Dijita: 10:53am On Jan 18, 2021 |
true2home: Don't think so. With the refinery his wealth will be about $30billion Bloomberg Billionaires Index which ranks the first 500 richest people in the world showed that his wealth fell from $18.4bn on Thursday to $17.5bn on Friday, taking him from 106th to 114th on the list of wealthiest people in the world. Read more at: https://www.vanguardngr.com/2021/01/dangote-loses-almost-900m-drops-eight-places-on-billionaires-list/ |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Dijita: 10:59am On Jan 18, 2021 |
Jasobry:True. That should not stop us from discussing about the worth of a plot of land. We all complained about the price of cement but that does not stop some of us from buying it when it was been sold for #4000 |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by kopell: 11:31am On Jan 18, 2021 |
Jasobry:HAHAHAH, as much as you can afford. If Adenuga can paid 500m to pull someone building down to make room for his garage in Abuja years back, what are we talking about. People that have to those kind of money do not save them over years. 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by bixton(m): 11:41am On Jan 18, 2021 |
kopell: An elderly man once told me people don't become billionaires by their daily savings in their account. It comes from just one major job. 3 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by hairbyuj(f): 11:56am On Jan 18, 2021 |
Good morning, Please am in need of used wooden planks for casting, either for rent or sales. my site is around Awoyaya. please reach me 08083700653
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Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by bencomfav: 12:24pm On Jan 18, 2021 |
GoodFaith: Pls location or phone number of pop cement |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Jasobry: 12:46pm On Jan 18, 2021 |
bixton: Just the way i tell my colleagues in the office. No salary earner is rich, you can be comfortable but never rich. Except you do other business 1 Like |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Stevo30: 2:44pm On Jan 18, 2021 |
Thanks for this. If i pay my tax in another state and i have tax clearance, would Lagos state still insist i pay another tax because I am building in Lagos? davodyguy: |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by obitryce(m): 2:51pm On Jan 18, 2021 |
nnadychuks:Please are there other available colours? |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 2:59pm On Jan 18, 2021 |
Stevo30: You pay tax to the government of the state where the property is located If you're investing in Kano and you reside in Nnewi, you'll pay tax to Kano State Government, apart from the one you paid to Anambra State Government |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Dijita: 3:18pm On Jan 18, 2021 |
[quote author=Jasobry post=98186041] Just the way i tell my colleagues in the office. [b]No salary earner is rich, you can be comfortable but never rich. Except you do other business[/[/b]quote] That is only in Nigeria. Many start up companies staff in US becomes millionaires from the stock options awarded to them when they joined companies like Facebook and the likes after the company went public |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Olatheo(m): 4:32pm On Jan 18, 2021 |
I will surely get there. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by dkizzy01: 5:18pm On Jan 18, 2021 |
hairbyuj: |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by One4me: 5:24pm On Jan 18, 2021 |
lawofeso: Sorry if this is coming late, l have been off for about a week. To your question: It will depend on what the Property Manager is engaged to do. Some have responsibility to clean the compound, pay the Mai-Guard, repair and replace WHATEVER needs to be repaired or replaced (from light, pumping machine, Toilet, Soak Away evacuation, etc). But the general cost per Flat ranges from #7,000 - #15,000/Month, depending on the standard of the building, some locations even pay higher and it is called maintenance fee. It is not enough to just give this money to the property manager, (I am against it, personally), you need to ensure they actually perform the responsibility otherwise you will have a lot of disgruntled renters on your hand. |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Jasobry: 5:51pm On Jan 18, 2021 |
[quote author=Dijita post=98190440][/quote] Stock is not salary 2 Likes |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by RockOfAgesAlumi(m): 6:08pm On Jan 18, 2021 |
aji2000:Casement window with burglary 1.5 x 1.2=45k 1.2 x 1.2=38k 9 x 9=30k 6 x 6=14k 8 x 8=28k Call or whatsApp:08069609983 Thanks |
Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by AdeshileWorld: 6:13pm On Jan 18, 2021 |
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