₦airaland Forum

Fhemmmy:
Depreciation still holding better value than what you spent when you built the home . . . . .
You spent 20M Naira to build a home where a rent could 400K a year and you build 6 block of flats . . . now tell me how long it will take you to realize your money back and yet have the house still as yours, and you are still making money on a yearly basis.
By the way, when a tenant leave and you have to renovate, how much would it cost you, remember those are bricks and only paint or fix doors and lighting, so i have no idea what kinda money you have to spend that will be so terrible.

a building has a life span,renovation could be quite expensive,even then d building depreciates.Concretes life span is 25yrs then it starts to lose strenght,so if u have a 20yr house and u think its like new, sorry

Fhemmmy:
Now matter how you look at it, a building is still a great investment.
See the people selling a plot of land in Ajah for 50M naira, how much do you think they paid for those lands 10 years ago? . . . think about it

land is a good investment not building
land appreciate ,buildings deppreciate

bad people:
On my own opinion, i will strongly advised that building to rent is a bad bussines, follow me on these;
First, is the responsibility of our leaders to build houses all over and rent for people with cheaper rates, but because we have lazy and shortsight rogues leaders in govt that is why we citizen now see building house for rent as a bussines.

Take this for consideration, assuming you invested your last dime to build an 8flat storey building, thats means you have 8 ocupants, after you received 2yrs rent from them, they don,t have anything to do with you until expiration now agreed you eject them or they eject themselves at the end of the agreement, on renovation of the house to look back as it was originally, i bet, you will spend half of the rent you collected cos renovation is expensive

Now, there are series of viable bussines like build a hall for renting i.e. parties,seminars, church and so on

I agree totally

Any transaction without the owners consent in writing or otherwise is invalid.I had a sweet deal from the woman who wanted to sell her husbands car while he was abroad.Although the deal will have made me 50% richer ,I told her ,to get me a letter from her husband authorizing her to sell it off.She could not provide it ,so i walked away

nice thrend,will be watching it closely,very much interested

the pix is not a 2000 xterra ,pls correct to avoid misleding yur potential customers

but me too I suspect u too

saintohia:
bberry, Pls always be sure b4 u make such comment. I don't know & have never met bewatz either 4m Adam or Eve untill I bought a Toyota Rav4 2004 model 4m him, my colleagues in the office didn't believe it's real till I brought the car home of which many of them are now surfing NL looking for cars 2 buy. One wanted to even buy a 2005 Nissan Pathfinder 4m him immediately, but when I called, he told me its sold already.

Right?

no vex

abeg all una make una go advertize for una post,leave this one for me

ok guyz,lets vote MTN out of nairaland!!!!!!!!!!!!!!!

my experience with magic number is
1. if u dont have credit on your phone,u can not call the magic number
2. For u to call is a problem as most times it will not go true

I personnally second that they are a reap off
Do u know that MTN actually became big in nigeria?
They are used to a perticular amount of profit,going down is not an option for them

they still dey oh

Kobojunkie:
Don't worry @Poster, It is OK for you to create meaningless threads for attention.

AlQaeda is wrong to admit that it is true that Osama Bin Laden is dead. You, a Nigerian fellow like you, who will likely never meet any of the AlQaeda men knows more about Osama than they do.

hmmmmmmmmmmmmmmm

GAR3TH:
as far as I know, From what I've read and watch, the US Gov has not released and Pictures or Videos of Bin ladin (dead).

They did say that they took pictures and had a "live first hand" view of the action at bin laden's compound.

http://www.cbsnews.com/8301-503544_162-20059739-503544.html

thinking outside the box,
I rest my case

GAR3TH:
LOL Nigerian articles,

That picture of Osama has been on the INTERNET for years since 2006 i think, it was created by some random guy and not the US GOV.

Everyone knows that picture is fake, we knew like i said before for years, plus its badly photo-shopped.

I  thought that picture was released by the US govt,well if it was not,who has the pixs released by the govt.I read then that that pixs was also doctored

I really don't believe that the US will go to all that length just to kill him.Right from the very first the news broke I suspected its was not true. They had an option of finishing him off long ago but chose to have a human mission with a 1 on 1 confrontation action.What I read yesterday also adds up to what I think.
http://dailytimes.com.ng/article/osama-bin-laden-corpse-photo-fake
I beleive that the guy is somewhere in a secret prison being interogated until they have milked him dry.
Those that were killed during the attack where probably executed to avoid witnesses to the truth.
Anyway this is purely my imagination

make una dey read d whole post first b4 una go answer.THIS POST IS 2 YEARS OLD

A friend need a numbered golf 3 urgently,here are d specs:
1. must be in top form
2.no visible body job or paint job
3.A/C
4.Manual drive
5. must be a one owner car
If u have any ,give me a call,I am in ibadan
my numbers are below plus my mail box,
Needed ASAP
Don't bother if your car is not clean

poster,u aint seroius about this project,u got me really excited as this reminds me of my self 20 years back.anyway good luck!!!!!!!!!

we are down to hours now!!!!!!!
Address has been changed!
We are having issues getting accomodated there.
Office will be at 34 Oluibadan Avenue(7 up road)Oluyole
Note:that this price is for the first few,will post our take off within ours.Cheers!!!!!!!!!!!!!

we are down to hours now!!!!!!!! on your max ,get set,ready,, !!!!!!!!

still waiting

going to the highest bidder

A client of mine needs a used Cabster urgently
should be in top form
Petrol Engine preferred
Pls send in your offers

Car has been loaded up ,they are still awailable

thanks for all ya calls,got one today thru a nairalander.Thumbs up to nairaland

extended till tomorrow

I am in lagos to pick one,this are the details
1. 4 by 4
2. 2000 model
3. Lagos cleared
4. Clean as a whistle

07026017827

give me your contact,i am in lagos to buy one.Is it still available?

last pixs

more pixs

2003 Navada,
on ground in Ibadan
Deisel Engine
Price 1.4m

nice