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Nairaland Forum / Nairaland / General / Properties / How A Widowed “Akara” Seller Became A Landlord In Lagos - Lady Reveals (28334 Views)
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Re: How A Widowed “Akara” Seller Became A Landlord In Lagos - Lady Reveals by Inception(m): 3:28pm On May 16, 2019 |
Pidginwhisper: |
Re: How A Widowed “Akara” Seller Became A Landlord In Lagos - Lady Reveals by Inception(m): 3:36pm On May 16, 2019 |
pek: Those guys make good turnover bruh. with a capital of just 3k, they can easily turnover 5k in a day. Do the maths. |
Re: How A Widowed “Akara” Seller Became A Landlord In Lagos - Lady Reveals by pek(m): 3:46pm On May 16, 2019 |
Inception:Yes, let's the maths. Let's assume your dive thousand is what she really makes a day. Did you factor how much she will spend a day catering for five other mouths, basic necessities and other capital expenditures. What will be left in a month to build a storey building within six months? |
Re: How A Widowed “Akara” Seller Became A Landlord In Lagos - Lady Reveals by Inception(m): 3:57pm On May 16, 2019 |
pek: do not seclude the possibility of spending more capital e.g 10/12k worth , in the mornings alone what if it is also sold in the evenings( twice a day), which could make her realize over 10k profit a day? ( with a busy location, a large and loyal customer base, this is very possible). This alone can amount to close to 300k per month And there is also the possibility of her diversifying to other sources of income. There is also the possibility of belonging to a credit scheme to make her take short term loans my brother, it is very very possible for her to build a house. All it requires is very strict discipline and living a spartan life( like she did in the story). she does not have a car( a huge liability), a month's profits can easily take care of the school fees of her children. |
Re: How A Widowed “Akara” Seller Became A Landlord In Lagos - Lady Reveals by Tyche(m): 8:54am On May 17, 2019 |
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