₦airaland Forum

All these videos are they not showing tile laying in America? How about videos from other climes and countries?

The car will be shipped at Dallas Tx. How much will it cost if the car is shipped through Cotonou?

Hassrash, I am still waiting for your response as per the 2007 and 2009 Toyota Prado.

How much for a 2007 and 2009 Toyota Prado?

I do not know the shipping line to be used, other than the car will be containerized.

How much will it cost to clear an accidented 2014 Toyota camry ?

How much to land a Toyota Prado 2007 or 2009 from Cotonou to Lagos.?

How much to land a 2007 or 2009 Toyota prado? Can you provide pictures of the car?

How much for 2007 or 2009 Toyota prado from Cotonou?

Do you have pictures of the britment roofing sheet in use ?

How much?

Castos: u were just there snapping and thinking of how to make a front-page on NL

if na you nko?

Pictures and prices to AKANJONNY@YAHOO.COM. Thanks

Are current model mercedes benz cars/jeeps not available in Cotonou?

Thanks for your efforts i guess we will have to be on the lookout on till it is available.

How much will it cost to get a 2011 Toyota Avalon and a 2013 Mercedes benz ml 350 if available in Cotonou and can I see pictures of these my email is AKANJONNY@YAHOO.COM

Femmy, i will be loading some items into the car don't you think if i ship roro that the car could be vandalised and i will be shipping from Houston TX

The car is to be shipped on consolidation so I am not sure of the other contents of the container and the shipping line.

Femmy2010 how much will it cost to clear a 2006 Toyota 4ruunner containerized?

Hell Adexfem how much will you charge to clear 2006 Toyota 4 runner.

How much will it cost to clear a 2008 toyota 4-runner

How much for the 2011 prado in cotonou and to deliver to lagos ?My email is AKANJONNY@YAHOO.COM

[q
uote author=honeric01]How much is the exchange rate to dollar now?[/quote]DITTO

How much are your sound proof generators and the power range.

Hearme: THE MILITARY IS WELL RESPECTED IN NIJA. IF THEIR UNIFORM IS ALLOWED FREE U CAN IMAGINE HOW AREA BOYS AND ROBBERS WILL IMPERSONATE BEATING SECURITY CHECKS. ALL THOSE COMPARING NIJA WITH UK AND US ARE NOT WISE. D DATA BASE, CCTV, POLICING AND STANDARD OF LIVING IS NOT COMPARABLE 2 WHAT OBTAINS HERE

So that justifies why wearing clothes made of camouflage material is regarded as an offence by the stupid Nigerian security people police and soldiers alike.Does the constitution of Nigeria provide for only military personnel to wear clothes of a camoflage design.Are they not aware that camoflage designs are form part of fashion wear and at sometime was in vogue.With all their exposure where in the world did they see soldiers harrasing civilians for wearing camouflage print tees etc.

Is the Toyota Prado SUV available in the us?

Between Osongama estate and shelter afrique estate which is more built up and properly developed?

Are you telling me that if you go to any university in Nigeria you wont find girls who are prepared to be in 2Face or P-Square's video for free? I find that hard to believe.

I think the big question to ask here is: WHY DO NIGERIAN ARTISTS PREFER TO FEATURE LIGHT-SKINNED WOMEN IN THEIR VIDEOS? What is this inferiority complex that Nigerian men still have about light-skinned women being prettier/sexier?[/quote]Is this peculiar to NIgerian men or black people even in the US.

info@lpf:
Quoting Chanceman:


By your statement, you show a fundamental lack of understanding of basic investment and economic principles!

1. Investing in property, just like investing in the stock market, should be for the long haul, except if you are a day trader. As such, periodic blimps and bumps may affect the overall net worth of your portfolio, but the economy usually recovers, and values return to historic highs. Go into history and track the trends over the last century.

2. Demand alone does not drive the prices of property. Availability of housing and land mass, jobs, geographic proximity to economic capital etc also play a huge role. NYC is a tiny strip of an island with no land growth opportunity thanks to the Hudson and East Rivers, it enjoys a close proximity to the nations capital, is the economic capital of the USA etc, etc. Dallas on the other hand still has new cities and subdivision not yet considered, and other than a surge of banks and tech firms head quartering there to spur growth, not much else to its economy! Quite simply, NYC has limited housing, so prices are high. The demand you speak of is relevant to NYC only because the other factors mentioned above are present, otherwise NYC would be just another dirty, noisy city by the water with abnormally huge rats and roaches as inhabitants. Sort of reminiscent of Lagos and its relevance to Nigeria!

3. The foreclosures in the US market and the steep decline in the housing market stemmed from an abnormally high percentage of "sub-prime" mortgage loans and from bad decisions taken by wall streeters to securitize those sub-prime loans, creating a secondary market in a fundamentally bad derivative investment! When those sub-prime loans started to default, it created a domino effect and everything came crashing down and the Kings went dancing naked on the streets!

4. Housing in all but a few US markets has until recently, seen solid growth over time. Even average markets have seen 4 - 6% growth in the sector. A few markets have seen outstanding 20-25% growth (NYC, Silicon Valley etc). The foreclosures that you refer to, I see as an opportunity to amass a nice portfolio at a reduced price. Consider it a huge sale at your favourite department store! Remember the fundamental rule of investing? Buy low, sell high!

So Chanceman, yes, I stand by my original statement, because the investment in the US properties I referred to, will not only generate immediate income from rent, but will also eventually appreciate, and then I can sell high or pass on to my descendants after a couple of decades. In the meantime, that one house that you would have purchased in Lekki for the same amount would now be mouldy, sinking at the foundation, with cracking walls, all tiles and bathrooms broken, all taps and pipes leaking, roof leaking, with a sewage system that stinks to high heavens, thats assuming that the Atlantic OCean has not come back to reclaim its original position!

BTW Your bottom? Go shake that someplace else! Your arguments, like your bottom, are full of hot air!

info@lpf:
Quoting Chanceman:


By your statement, you show a fundamental lack of understanding of basic investment and economic principles!

1. Investing in property, just like investing in the stock market, should be for the long haul, except if you are a day trader. As such, periodic blimps and bumps may affect the overall net worth of your portfolio, but the economy usually recovers, and values return to historic highs. Go into history and track the trends over the last century.

2. Demand alone does not drive the prices of property. Availability of housing and land mass, jobs, geographic proximity to economic capital etc also play a huge role. NYC is a tiny strip of an island with no land growth opportunity thanks to the Hudson and East Rivers, it enjoys a close proximity to the nations capital, is the economic capital of the USA etc, etc. Dallas on the other hand still has new cities and subdivision not yet considered, and other than a surge of banks and tech firms head quartering there to spur growth, not much else to its economy! Quite simply, NYC has limited housing, so prices are high. The demand you speak of is relevant to NYC only because the other factors mentioned above are present, otherwise NYC would be just another dirty, noisy city by the water with abnormally huge rats and roaches as inhabitants. Sort of reminiscent of Lagos and its relevance to Nigeria!

3. The foreclosures in the US market and the steep decline in the housing market stemmed from an abnormally high percentage of "sub-prime" mortgage loans and from bad decisions taken by wall streeters to securitize those sub-prime loans, creating a secondary market in a fundamentally bad derivative investment! When those sub-prime loans started to default, it created a domino effect and everything came crashing down and the Kings went dancing naked on the streets!

4. Housing in all but a few US markets has until recently, seen solid growth over time. Even average markets have seen 4 - 6% growth in the sector. A few markets have seen outstanding 20-25% growth (NYC, Silicon Valley etc). The foreclosures that you refer to, I see as an opportunity to amass a nice portfolio at a reduced price. Consider it a huge sale at your favourite department store! Remember the fundamental rule of investing? Buy low, sell high!

So Chanceman, yes, I stand by my original statement, because the investment in the US properties I referred to, will not only generate immediate income from rent, but will also eventually appreciate, and then I can sell high or pass on to my descendants after a couple of decades. In the meantime, that one house that you would have purchased in Lekki for the same amount would now be mouldy, sinking at the foundation, with cracking walls, all tiles and bathrooms broken, all taps and pipes leaking, roof leaking, with a sewage system that stinks to high heavens, thats assuming that the Atlantic OCean has not come back to reclaim its original position!

BTW Your bottom? Go shake that someplace else! Your arguments, like your bottom, are full of hot air!

Info@lpf ,
ths is plain and simple economics they may build better homes and houses in Atlanta compared to Hong-Kong but like i said it is matter of market dynamics,real estate in Hong-kng is more valuable.MEANING THAT LOCATION IS MORE IMPORTANT THAN THE FIXTURE ITSELF.I was not responding to the topic but to your initial analogy .Yes the value of property in some parts of Nigeria is outrageous but that is driven by demand and supply it being logical or not is immaterial.That was also the situation in the US until the market crash.How long the bubble in the real estate market in the Lekki area will last is debatable,but I am of the opinion that if it drops it will not be as as steep as that of the US market.If you are buying property for 30k dollars how much did it cost to build those properties are you not buying them below their cost of construction? You also talk of some theory of investing for the long term have not heard of speculators?

info@lpf:
^^ Like I said previously, Chanceman, you clearly do not understand rules of investing, so I am wasting time on you. Have you ever heard of a little thing called Insurance? Yes, that takes care of those fires and earthquakes.

You talk about rate of returns -
1. If the ROI in Nigeria is so high, why is there a glut of badly finished buildings on the market?
2. Since you claim to know so much about ROI - calculate this, and post the results in your reply:

Option A:
Spend N50 million naira ($312,500.00) on 1 badly finished house, live in it with your family, spending upwards of N1M per year fixing plumbing, tiling, foundation and electrical problems, not to mention N1M for generator, diesel, service charges etc etc. No income from the property, except perhaps your rented out boys quarters at N400,000 ($2500) per annum. Your exit strategy may be to sell when value hits $500K, but with the real estate collapse in Nigeria, and flooding and sinking cities, when will that time come?

Option B:
Spend $300,000 buying 8 to 10 houses in some city outside of Nigeria, with solid growth projections, solid industrial economy, good education and a good population (note, this is not about Atlanta?). Derive income of a minimum of $500 per month per unit, for a total of $5000 per month, $60,000 per year (N9,600,000.00). Exit strategy? Buy and hold, deriving income for the next 30 years, use a small portion of income to pay for insurance, taxes, repairs and maintenance, and then pass on portfolio to my descendants.

The cream on the cake: Now, if I so desire, I can take N4M out of the income from my investments, and rent a suitable place in Nigeria, or simply pay for hotels when I am visiting.

Dude, do the math. I think you just got schooled!

So your option b houses have no maintenance cost , insurance,taxes?
so average cost of the properties will be 30k dollars each?put the same amount in real estate in Lagos or Abuja and wait for 30 years ROI and capital apreciation will still be higher in the naija market.
My friend it is not about quality of building rather location and demand.So a low quality build in N.Y OR LA will still attract more rent and capital apreciation than a great build in Dallas.So please broaden your horizon and do not display your ignorance here becos something is in the USA does not automatically make it better than what is available in Nigeria.

MPEROR: I just completed a 2 story building in Uyo i would have adviced you to build a large soakaway first that way u use d soil for your foundation but you past that stage at this point i will advice you to sink a bole hole so that you will not get into a fight with your neighbor you are going to need it any way

plumbing fixtures: Everytime you go to Nigeria buy your fixtures from HOME DEPOT D one u buy in Uyo market is not worth it don't forget the glue 4 d pipes do you have a contractor? make sure you are there when d job is going on as soon as your money run out go bacck to Texas for d roof make sure you have at least 2million naira for the wood and roof get estimate from at least 3 people bye the way i reside in Chicago send me your Email address to see if i want to help you any further i have to b careful of people from Texxas and LA IF YOU KNOW WHAT I MEAN

Two quick questions 1)you recommend buying fixtures from HOME DEPOT will these be suitable for nigerian buildings?2)or is it that the materias availabl in UYO are of low quality or rather low level of skill available? By the way what is wrong with TEXAS and LA?

info@lpf:
Quoting Chanceman:


By your statement, you show a fundamental lack of understanding of basic investment and economic principles!

1. Investing in property, just like investing in the stock market, should be for the long haul, except if you are a day trader. As such, periodic blimps and bumps may affect the overall net worth of your portfolio, but the economy usually recovers, and values return to historic highs. Go into history and track the trends over the last century.

2. Demand alone does not drive the prices of property. Availability of housing and land mass, jobs, geographic proximity to economic capital etc also play a huge role. NYC is a tiny strip of an island with no land growth opportunity thanks to the Hudson and East Rivers, it enjoys a close proximity to the nations capital, is the economic capital of the USA etc, etc. Dallas on the other hand still has new cities and subdivision not yet considered, and other than a surge of banks and tech firms head quartering there to spur growth, not much else to its economy! Quite simply, NYC has limited housing, so prices are high. The demand you speak of is relevant to NYC only because the other factors mentioned above are present, otherwise NYC would be just another dirty, noisy city by the water with abnormally huge rats and roaches as inhabitants. Sort of reminiscent of Lagos and its relevance to Nigeria!

3. The foreclosures in the US market and the steep decline in the housing market stemmed from an abnormally high percentage of "sub-prime" mortgage loans and from bad decisions taken by wall streeters to securitize those sub-prime loans, creating a secondary market in a fundamentally bad derivative investment! When those sub-prime loans started to default, it created a domino effect and everything came crashing down and the Kings went dancing naked on the streets!

4. Housing in all but a few US markets has until recently, seen solid growth over time. Even average markets have seen 4 - 6% growth in the sector. A few markets have seen outstanding 20-25% growth (NYC, Silicon Valley etc). The foreclosures that you refer to, I see as an opportunity to amass a nice portfolio at a reduced price. Consider it a huge sale at your favourite department store! Remember the fundamental rule of investing? Buy low, sell high!

So Chanceman, yes, I stand by my original statement, because the investment in the US properties I referred to, will not only generate immediate income from rent, but will also eventually appreciate, and then I can sell high or pass on to my descendants after a couple of decades. In the meantime, that one house that you would have purchased in Lekki for the same amount would now be mouldy, sinking at the foundation, with cracking walls, all tiles and bathrooms broken, all taps and pipes leaking, roof leaking, with a sewage system that stinks to high heavens, thats assuming that the Atlantic OCean has not come back to reclaim its original position!

BTW Your bottom? Go shake that someplace else! Your arguments, like your bottom, are full of hot air!

My friend good that you recognize that certain factors which all influence demand and supply determine values.As property can detiorate in Nigeria, the same applies out there in America, earthquakes occur,wildfires etc so the same risk apply the bottomline in any investment is rate of return, so if my dollar earns more in India i will take it there rather than keep it in Atlanta and please realise the burst in the real estate market was primarily artificial so if you like wait 100 years you will not get that level again.