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Nairaland Forum / Nairaland / General / Jobs/Vacancies / Is It Wise To Pay 200k/a Rent From 80k Job? (44903 Views)
Here Is The Wicked Condition Someone Gave Before He Connects Me To This 80K Job. / Can One Rent An Apartment Of 250k Per Annum With 80k Job? / Is Going To London To Hustle Better Than An 80k Job In Nigeria? (2) (3) (4)
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Re: Is It Wise To Pay 200k/a Rent From 80k Job? by stanliwise(m): 9:43pm On Jun 23, 2019 |
Lush100:Hmm different strokes I guess. Some clothes I bought where least 3k but guess what I hardly buy new clothes because when you have original clothes that don't wash easily, you will enjoy it, I have to dash out some because it is too old and maybe short. When I bought a jean at a store for about 6k since I was referred by a friend that is was original Us stock jean and another second hand london used 4k, it looked stupid, 10k for two jeans but bro I still rock those jean till today and their color seem to ve getting brighter. The lesson is not to live expensive life but to buy long lasting things, learn long lasting skills, it's all rounder. Although cheap things come handy when it is just for use and dispose. I agree with that part. Although there is no manual to live life, different situations and ideologies to pick from. peace. 1 Like 1 Share |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by fireback: 9:46pm On Jun 23, 2019 |
Hotfreezers:At adeniyi jones, how far is adeniyi jones from opebi |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by obinnawhyte(m): 9:52pm On Jun 23, 2019 |
sunday0707:Your case seem unique and I term you lucky even though I doubt the place is Lagos. Different areas with different challenges coupled with difference in work place and location. Nice move for you but don't expect everyone to be in the same shoe like you. 1 Like |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Lush100(m): 9:52pm On Jun 23, 2019 |
stanliwise:. I agree with your last sentence. Meanwhile what's the interest rate for cash-backed loan or just loans as per your signature |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by fireback: 9:53pm On Jun 23, 2019 |
Hotfreezers:Sorry bro, Aja in lagos is it slums. If you want me to refer you to where you will get qauter a plot of land with 400k in aja I will do that. |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by stanliwise(m): 9:58pm On Jun 23, 2019 |
Lush100:whatsapp or call the number for more info |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by laudate: 10:00pm On Jun 23, 2019 |
Gentlewarrior1:Oga, that house is still an asset. Can you imagine if he lost his job while staying in a rented apartment, and he was left with no money to pay the rent? At least, by selling his personal house he has just used his asset, to raise money which can be poured into setting up a business, as well as rent. 1 Like |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by laudate: 10:03pm On Jun 23, 2019 |
Florblu: You are too correct! Your analysis is spot on! |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Gentlewarrior1(m): 10:24pm On Jun 23, 2019 |
maasoap:I hope others get to read this. Smart move Imagine people talking about selling property in the event that you are broke. As if selling your house property is funny. Funny enough they will sell it lesser than its actual worth 1 Like 1 Share |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by laudate: 10:27pm On Jun 23, 2019 |
PrimadonnaO:You cannot get self-con in V/I for anything less than 850k to 1.2 million. Even in Lekki, you will not get self-con for 500k to 700k in a place like Phase 1, (except you are related to the landlord) unless you go further down Lekki-Epe expressway, past Ilasan or Jakande Estate downwards towards Ajah. |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by PrimadonnaO(f): 10:30pm On Jun 23, 2019 |
laudate: Help me tell them, please. I'm pretty sure the OP's 200k rent isn't even on the island, else he's super lucky if it is a decent place. 1 Like |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by bahlow87(m): 11:03pm On Jun 23, 2019 |
fireback:In ajah? And its not slump area....hello I doubt this 100% |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by kenralph(m): 11:08pm On Jun 23, 2019 |
Skiilashi:Your kind of person na wetin make me no dey ever look down on any uber guy. |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by laudate: 11:12pm On Jun 23, 2019 |
fireback:400k for a quarter plot in Ajah, inside which part of Lagos? Where exactly will you find that one??! |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Olumyyde(m): 11:27pm On Jun 23, 2019 |
ugo4u:Unrealistic rules which will be utterly thrown as trash when real life conditions set in. Besides, whoever brought up those rules did so for themselves alone. |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by laudate: 11:31pm On Jun 23, 2019 |
Lush100:Please in which part of Lagos do you stay exactly? Lush100:Oga, this area you described is on the outskirts of Lagos. AIT road is at Alagbado on the border with Ogun State. If you live there and work in V/I or any part of Lagos Island, you will suffer from high traffic jams and lots of stress. You will have to leave your area at 4:30a.m, to be able to get to work for 7-8a.m. So your advice can only work for a person who works in Ikeja, or Sango Otta, and lives in your area. 1 Like |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Hotfreezers: 11:34pm On Jun 23, 2019 |
fireback: Oga, I'm into real estate in Lagos. I'm not an agent o, I represent buyers in all parts of Lagos. Show me where in Ajah they sell a plot for 1.6M. Is it Ado Road, Langbasa or Badore? Even after Ajah to Eleko, you won't see legit plot for 1.6M that you're claiming to have a plot for 400K. Besides sef, anybody building quarter plot has no business building a house. Do you know that even if your land has a C of O, anything less than 300sqm, the person can't get Governor's Consent in Lagos? That's why their applications spend donkey years in Alausa. 4 Likes 1 Share |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Hotfreezers: 11:37pm On Jun 23, 2019 |
laudate: Most likely Epe deep inside, Ikorodu close to Sagamu, Ayobo after Deeper Life, Badagry on way to Seme border. You know those locations that it is faster to get to Ikoyi from Osun state than it is for them to get to Ikoyi. 2 Likes |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by laudate: 11:41pm On Jun 23, 2019 |
Hotfreezers:You are being sarcastic, right? Going to Ikoyi from Epe or Badagry or Ayobo, will take over 5 hours spent on the road, each day. The guy actually lives in Alagbado side, on the way to Sango Otta. 1 Like |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Hotfreezers: 11:45pm On Jun 23, 2019 |
laudate: Those living in Kola and Alagbado where that guy is living is not regarded as living in Lagos. 5 years ago, 50k could give him a good house in Abeokuta. Banks are in Sapon and One Ilewo and houses in Sapon are dirt cheap. Sapon to Oke ilewo is N70 bike. He's talking about renting a house of 60k in Abeokuta and making it sound as if he's being frugal. Let him work in Victoria Island and be living in that same Kola or Alagbado. He would be spending his salary on fuel and stress reliving drugs. 4 Likes |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Hotfreezers: 11:47pm On Jun 23, 2019 |
laudate: Those areas I mentioned are where one can see flats of 100k that the poster said he is paying. Sir, why should someone spend 5 hours on the road daily because he wants to live cheap? Why? The stress on that road would shorten the lifespan of that person. 2 Likes |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by laudate: 11:52pm On Jun 23, 2019 |
Hotfreezers: Don't mind him. Comparing rent in Abeokuta to rent in Lagos, is like comparing apples to cocoyam. He is making it sound so simple. In Abeokuta, you will not experience one-tenth of the traffic, you go through in Lagos. Food, transport and many other things in Abeokuta, are much cheaper than in Lagos. So he was able to save his salary in the bank, while working in Abeokuta. If he had been working in Lagos Island like you said, while living in Alagbado, he would not have been able to save much on his salary, except if his office had a staff bus to ease his transportation problems. |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by laudate: 11:55pm On Jun 23, 2019 |
Hotfreezers: Very true! Unfortunately, many of them don't see it that way. It is not just the distance, that is a problem, but the insecurity in most areas, on the outskirts of Lagos. If you know how many stolen cars are snatched along the Epe to Ijebu-Ode road daily, you go fear! |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Olumyyde(m): 11:56pm On Jun 23, 2019 |
See people, this thing is simple, u know ur living conditions n expenses more than anyone. so, do whatever rocks ur boat. As a bachelor earning 83k/month, I was living in an 80k apartment, n now 150k+/month with family living in a 150k apartment. Where I reside is a key factor in all these, so we can't really say OP must do dis or dat. Put ur contributing factors together, u alone can ascertain what's workable for u. One day, all of us go become landlords. But b4 then, me dey rock car(luxurious liabilty abi? I like am like dat). Lol. All the best sir. 1 Like 1 Share |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by sunday0707(m): 5:09am On Jun 24, 2019 |
obinnawhyte:Not in Lagos. Thanks |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Kormforth: 5:29am On Jun 24, 2019 |
What an interesting discussion! The topic is so ideal for a phone-in programme... So many sane and unrealistic comments�������� 1 Like |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Namady(m): 7:33am On Jun 24, 2019 |
Goodplace: ur question might be very hard to answer considering ur little explanation of the situation. 1. are you married or not? if you're married already, I think is worth it with conditions. a. if your wife is working b. ur wife isnt too demanding 2. Are you working and looking for another Job? if yes, then there is no problem but if no, dont try it. let me break down for you.. I got married 3months ago and I collected my apartment 220k including the agency fee whatever. I spent almost 100k trying to make the house look better base on say ba new wife I wan bring. my salary is like 50% of yours but I have my side hustle that's fetching me almost 50k a month plus my wife is a nurse her basic salary is even more than my basic salary. here is my analysis ur monthly salary is 80 rent = 20k monthly feeding = 20k monthly (at least) transport = may be 10k monthly utility = 10k. (Nepa, water, Tv subscriptions and mobile data) miscellaneous= 10k. mayb, u will be able to save 10k monthly which is not enough. in conclusion, if you're married and ur wife is working or you're dreaming for another job, then you can take your chances. otherwise look for a small place of 80-100k. I hope you find it easy 2 Likes |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Nobody: 7:56am On Jun 24, 2019 |
Chigirl042:Vodka, spirit, lager, rum et el. |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Acidosis(m): 8:16am On Jun 24, 2019 |
fireback: It's a good thing you've set a target for yourself and so far, you've tried to achieve that. I personally won't be in a hurry to build a house because I'm still too young to live in a spot for the rest of my life. You work in Alausa, meaning you're a civil servant with a stable job (as Lagos state is never going to relocate or shut down). Well, you have good reasons to build at Opic estate given your sense of security on your job. Like shares or bond, land and properties are some form of investments in my view. I buy land because I want to generate considerable interests from savings, not necessarily because I want to become a landlord. Better to be a wealthy tenant than a broke landlord, in my view. Being a landlord does not help one in saving more money in many instances. I've paid rents with interest from investment, without necessarily touching my work earnings. There's more to this thing than the Baba landlord title. The only thing I see when I look at a building is "value". If I'm getting more value than I could get from other investment instruments, then I'll give it a shot. I have nothing against your decisions especially now that you've given out the facts, which in my view again, are thoughtful. 2 Likes 1 Share |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Skybeach1: 9:17am On Jun 24, 2019 |
People dabble into matters, without being rational. Someone said , at least 100k. You better go to work from your village. Example, in owerri, tell me where you can get 100k house, even hostels cost more than that. That's if you can manage to live with students. Location of your work place of the job is not even considered. When a drop cost almost 100. We don't consider security, power supply. In a bid to save, you die without laying hand on your savings. You can't be working in a village and you are here telling someone working in a city that your rent must be 20% of year income. Pls make yourself comfortable, your life before the savings. That's not the way people get rich . It is God that gives riches. 5 Likes |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by Skybeach1: 9:43am On Jun 24, 2019 |
celeiyke:Maybe you work in one interior village like that, or you carry your house from your village to the place of work. |
Re: Is It Wise To Pay 200k/a Rent From 80k Job? by maasoap(m): 10:55am On Jun 24, 2019 |
studentofTruth: I'm into transport and red oil. |
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