;Dft

House

Kayberg:
I'll choose the car.
Sell it, build a house from it and use the remaining to still get a smaller car.
One shot, two kills.

Those choosing A, which of them is A o?

Wait, which Toyota model is that car?

Imagine when they give you Honda baby boy1999 model Nigerian used, lemme see how you will sell build house and do business

Kayberg:
I'll choose the car.
Sell it, build a house from it and use the remaining to still get a smaller car.
One shot, two kills.

Those choosing A, which of them is A o?

Wait, which Toyota model is that car?

U can equally rent out the house and buy a car from it

Option a

Ubdavis:


U can equally rent out the house and buy a car

You get sense

if I can own a house before getting married I will be the happiest...

Kingpin1000:
A house is an Asset while a Car is a liability.
No matter the value or cost of the car, if it is not for commercial purpose, then it's a Liability.

It is a lie.

Some cars are worth more than that house in that picture. If you sell them, you will buy *3 of that house above.

Fyi, A brand new lorry is more expensive than the house above

HOUSE na

The 3bedroom flat. It is an asset. Your can get damaged due to accident.

House of course

Kayberg:
I'll choose the car.
Sell it, build a house from it and use the remaining to still get a smaller car.
One shot, two kills.

Those choosing A, which of them is A o?

Wait, which Toyota model is that car?

Not very smart.

Always invest in property. First, remortgage the property to release capital to build another house and use the rental income to pay off the mortgage repayment. That is how you build a property portfolio.

Get a house first, people and village people will respect you more.

Car will come later

Kayberg:
I'll choose the car.
Sell it, build a house from it and use the remaining to still get a smaller car.
One shot, two kills.

Those choosing A, which of them is A o?

Wait, which Toyota model is that car?

The car looks like a Toyota Supra

sulaak:


Not very smart.

Always invest in property. First, remortgage the property to release capital to build another house and use the rental income to pay off the mortgage repayment. That is how you build a property portfolio.

So literally, i have no income at all.

What you have written how is it favourable for you?

You own a house on debt, remortgage it to get another debt to build another house, when you rent it out, your rental income is to settle the debt, how is your idea a smart move?

Kingpin1000:
A house is an Asset while a Car is a liability.
No matter the value or cost of the car, if it is not for commercial purpose, then it's a Liability.

depending on how you utilise it, a house can also be a liability while a car an asset

3 bedroom flat.

Choose the car and sell to Davido or Dino Melaye or to Slawomiir who we all know is a coded big boy. Then buy a semi-detached duplex or terrace in lekki and rent out. No time or patience to build, only to remodel.

I don't need another car for now.

Dwebonline:
The 3bedroom flat. It is an asset. Your can get damaged due to accident.

likewise the house can get burnt

Choose the car

Sell the car for about 15M

Buy land for 3M

Build that type of house with 6M

It remains 6M

Channel 1M into poultry and 1M into fish farming

It's remaining 4M

Buy one small car for 2.5M

The remaining 1.5M

Use it and feed yourself daily.

Brain Brain!!!!

I will choose a house without any second thought to have a roof over my head and family because a car can be stolen or involved in a serious something that can render it useless.

Bloody ridiculous question. Which is more important: a roof over your head or a potential liability? This is a no brainer question.

Right from the day you buy a car, the value start depreciating. While a house could continue to appreciate

If the car is worth enough to buy me a 3 bedroom flat then I will go for it, get a smaller car too and still have some change to flex

Right from the day you buy a car, the value start depreciating. While a house may continue to appreciate

deepwater:
3 bedroom flat
OP at your age you still do not understand the difference between LIABILITY and ASSET?

Not every car is a liability sha�

The Flat ordinarily, however it also depends on the car

Aswearugaaad

My answer depends on the typa car. Some cars will build 10 3-bedroom flats

I'll choose the 3 bedroom flat.

integrityhomes:
You can only pick one

would you opt for a 3bedroom flat or a brand new ca

na who B help?, abeg A here I come