JAPAHTML:
If you are poor don't even think about giving birth

We know what we are passing through don't bring another innocent soul here

What are you passing through?

spyder880:
Like I said before, we're already plastering this block of shops and rooms............

Engineer, please I want to use exactly this same type of roof for my house. It's a bq which I built for the security . And I built a room self contain upstairs just like this one. I wanted to use exactly this type of roofing for many reasons.
1) cost effective 2) Because the building rested on the fence and I don't want my roofing to extend even an inch to the next compound because I don't even know if that's legal. 3) I love the design

But everyone is discouraging me from tbe idea, please what's your take on hiden flat roof design?

Is the registration just for a day?

Oga, to be asking this. You never reach to marry

001Lagos:

I want to help you secure a job so that you won't be jonzing on Nairaland 24/7

Bro, I have a job offer for you and the take home is 80k. Will you manage it ?

Give me the job

assholemods:

Use your common sense, he said the truth. How many state can pay that money talkless of individuals?

They should be grouped in Band.

Federal workers: Band A, Minimum wage 500k

State Workers: Band B, Minimum Wage 300k

Organised Private Sectors: Band C Minimum Wage 200k

Unorganised Private Sectors Band D Minimum Wage 100k

TimeManager:
What consequences?, pls stop joking!. FG can pay any amount but can your state governors and private employers able to pay?. Can Ajaero pay his driver 494k?. If Labour is not being careful, government will be forced to retrench workers and private employers lay off their staff and nothing labour can do about it.

--Kiss the truth!

They should be grouped in Band.

Federal workers: Band A, Minimum wage 500k

State Workers: Band B, Minimum Wage 300k

Organised Private Sectors: Band C Minimum Wage 200k

Unorganised Private Sectors Band D Minimum Wage 100k

spyder880:


Umuchigbo, N18m.

Would love to see the picture of the property and environ.

spyder880:


What's your budget?

We have lands of N10m in the outskirts, 17m in Nike area, N20m towards T junction flyover.

I am looking at around Maryland axis, Ugwuaji Flyover axis, New Home Umuchigbo, Centenary axis. Do have property within those area?

Engineer what part of Enugu Metropolis can you help me secure an empty land for this kind of project

spyder880:
1. Need for mid sized accommodations

Ladies and gentlemen, let's explore the property market. Properties for rent has proven to be a sure way of reaping rental income from the large population of renters in a developing country like Nigeria. We will be looking at the prospects for the building construction of a block of 12 flats of one bedroom each. This is the type of rental unit that have proven to make a lot of rental income for investors in the last few years.

Over the course of the last 10 years, investors have found out that building bigger accommodation like 4 bedroom, 3 bedroom flats are sometimes counter productive as the first renter sometimes stay in the same house for life. Up to 50 years living in that same house, housing relatives, children, grand children and sometimes great grand children till they become so fixed in the environment that it will be almost impossible to move them from the house. They have been to numerous occasions and events for the landlords, and may have become as close as family, if they have not become inlaws sef. Lol.

Investors are looking for shorter let apartments, because the turnover will be higher as more people will leave smaller apartments for bigger ones as their families grow bigger. Shorter let apartments also have more demand because people on the move, corpers, contractors and other people who wont like the high cost of hotels prepare to rent for a year, and may depart the area due to future assignments.


2. Need to fit more rooms into a building

Lands are costly, and there are payments for approval of a building you can only pay once, like building approval, local government rates, community youths fees and other payments. You will like to put as many flats in a house as possible. Some build as many as 30 flats in a compound, others 24 or higher, but I think 12 flats is the optimum number. You dont need to worry about parking spaces, those who rent these kinds of houses most times dont have cars, so there wont be problems with parking of cars.

3. Cost of the building

This is where it gets scary, because every item of importance in this country is highly expensive. Due to the policies of the government, there has been massive inflation in the cost of everything. Building materials costs are not left out of the rise. Every item of building materials, including the labour and workmanship has increased over 3 folds in the last 1 year alone. Transportation of men and materials is also high.

After carefully calculating every cost associated with the land acquisition, payment of approval fees, fencing and gate, complete building construction and finish, till this house is ready for rent, the realistic total cost of building this size of house is about N160,000,000.00 (all costs inclusive)

4. Profitability outlay

But just as the costs of building houses has been soaring, every other cost is also rising, including rental costs. It wont be strange to hear that this size of building can rent fo as high as N600,000 to N800,000 per flat for a new house. If the house is in the centre of the city, expect to collect much more than this amount. Even up to N1,200,000 in good locations. That's a P/E ratio of 17.77. (160,000,000.00 /9,000,000.00.

5. Conclusion

I think this is a very good investment in light of the very poor PE ratio prevalent in many other investment options, and this is almost risk free. I have a unit of this kind of house, and I will want to get more as time goes on. The numbers may be crazy now, because of the acquisition costs, especially the construction costs, but be rest assured that the situation will improve with time, with good house management, you will hardly miss a month's rent. Rental costs are set to rise further, as houses in the fringes start to get more developed as the government provide more infrastructure like roads, culverts and electrification projects.

We are ready to help you secure good land deals, empty lands range from N10,000,000 to about N20,000 in better locations. The better the location, the likelihood of higher rental income. We can also help you build the house from start to finish, this is what we've been doing for the past 14 years here. We have a collection of more than 60 completed buildings done online. Contact us today.

Spyder880
0803 335 0750 (Voice or WhatsApp)

Ah, 31st here we come

spyder880:


Washed gravel has been in use for fence caps since 1902

The truth is that many of the fence caps I did with gravel in Enugu are still strong and not showing any signs of failing, especially when plastered. Go ahead and use 10 gravel, 8 sand, 1 cement. Thanks.

Thanks Engineer. You never knew how helpful you have been to me. I can't repay you though, but I ask the good Lord to bless and keep you.

spyder880:
From another bathroom.............

Please Engineer, is it okay to used washed gravel to do my fence cap and what is the best mixture for it. Chippings are now very scarce and expensive and I am afraid since rain would be constantly falling on fence cap if its going to affect the durability. I need professional suggestion.

Please house, is it okay to used washed gravel to do my fence cap and what is the best mixture for it. Chippings are now very scarce and expensive and I am afraid since rain would be constantly falling on fence cap if its going to affect the durability. I need professional suggestion.

Arsenal will lose 2-0 Against Man UTD.
City will play a goaless draw with Spurs.

The last match day will be very interesting. Everyone hoping city loss so that Arsenal can win and lift the trophy, Then City will be losing by 1 goal until 85 Mins, Arsenal would be winning with 1-0 hoping the match ends like that to win the league, However, City will equalise at the 86th minute to draw the match and win the league with 1 point above Arsenal. Is going to ve very interstate, this I have seen.

Chichilas:


Thank you. We are at the second deck now so would be pretty difficult to change anything.

My engineer is actually saying we should go ahead and that we do not need to change anything.

how many bars for the 16mm from foundation?

Hmmm

nabiz:
Our ongoing site in enugu. The job was contracted to us by our own spyder880 on this forum

How do I contact you? I have a work I would like you to check here in Enugu. Ugwuaji.

spyder880:


Use 16mm since cars will be passing on it. Please use a column base with a mat of at least 2 feet wide under each column. Doing the right thing will make your projects last without too much maintenance for the longest period.

Thank you engineer. I will do exactly as you advised.

spyder880:


Good afternoon bro, there is no flood in the area of the 7 bedroom high ceiling house in Anambra. The house and fence is inside a fenced compound and the fringes of the concrete floor could be covered with carpet grass which is erosion resistant.

As for this thread and the filling here, the land is naturally sloped to the back, we did a water drainage channel to wedge this sand fill from pushing against the back fence.

Thank you Sir.

Please engineer, happy Sunday..
I am currently constructing a soakaway system which would be in front of the compound that cars would be parking on top. Please can complete 12mm rod be used for the column or must it be 16mm rod?
Because regarding the hike in prices of materials and I am trying to achieve the most efficient and less cost for the the soakaway. Please I need your contribution

Please engineer, happy Sunday..
I am currently constructing a soakaway system which would be in front of the compound that cars would be parking on top. Please can complete 12mm rod be used for the column or must it be 16mm rod?
Because regarding the hike in prices of materials and I am trying to achieve the most efficient and less cost for the the soakaway. Please I need your contribution.

spyder880:


Yes, I usually put baskets, 2 feet width.

Thanks so much Engineer

spyder880:


No, only the building alone. Foundation till parapet and roofing with 0.45 aluminium sheets.

Good afternoon and happy weekend engineer.
Please, I would like to know is its necessary to use a basket for column while constructing a soakaway where cars would be allowed to pack on top of the soakaway?

Which way out?

spyder880:


No, only the building alone. Foundation till parapet and roofing with 0.45 aluminium sheets.

Okay sir. I was just confused because I know that 45M cannot do such a magnificent job you did including finishing in this building.

You are an inspiration, I wish I studied engineering, I would have applied to train under you.

spyder880:


About 48m in today's money.

Please this 48m includes both building and finishing?

happy new year engineer,
Please is it okay to mix cement with sand while doing wall tiles for toilet and kitchen?

spyder880:


About 1200 or thereabouts.

What can one invest in?

spyder880:


The only other option is hiring a painter that can do the same work with a ladder. Another option, although will be costly will be to erect a makeshift iron scaffolding work for the painting of the parapet and window hoods. Thanks.

Engineer God bless you,

spyder880:
We have painted the parapet and some hoods and designs on this building............

Engineer please I am almost this partner of house but a 3 storey building. I am bothered how the parapet and belting would be painted since I have removed the scaffold.

spyder880:


This soakaway is 13 feet deep, 14 foot length, 7 feet wide. Labour N80,000 for digging only.

Thank you Engineer

spyder880:
Completed soakaway system..........

Please engineer, what's the size of this soakaway, and what's the labour cost for digging the soakaway?