Car Talk › Re: Camry 2012 Gear Box. 2AR 22 Pin by Chidimercy(op): 8:19am On Nov 03, 2024 |
ipobcannibals: Please before doing anything to your car, especially gear box (transmission), always read about the problem online so as not to fall victim to all these untrained/trial and error mechanics. Did you buy the transmission fluid yourself or your mechanic bought it and changed the fluid? It may be he bought a fake fluid Yes I bought the oil myself |
Car Talk › Re: Camry 2012 Gear Box. 2AR 22 Pin by Chidimercy(op): 9:30pm On Nov 02, 2024 |
yyba: If you can afford it just buy new gear box, the new mechanic want to appear to you as honest man so that you can fall into his traps. After falling into his traps that's when you will know all mechanic are the same. Repairing gear box in reality has no any long time guarantee apert from spending money anyhow without success Thank you for your suggestion. But please does replacing gear box have a longtime guarantee? |
Car Talk › Re: Camry 2012 Gear Box. 2AR 22 Pin by Chidimercy(op): 9:29pm On Nov 02, 2024 |
Lawalemi: My Corolla had gear problem. I sold it eventually.
The buyer said he was going to buy another gear for it.
I agreed with him because I was constantly spending money on gear until I became tired.
Try new gear if affordable I am still really confused. I don't want to try buying gear and fall into the hands of already repaired gear, whereas I can repair mine. |
Car Talk › Re: Camry 2012 Gear Box. 2AR 22 Pin by Chidimercy(op): 9:28pm On Nov 02, 2024 |
sunnymighty: I may be wrong, I hope the gear box was not opened when it was still hot. No I parked it at the mechanic workshop overnight before he started working on it |
Car Talk › Camry 2012 Gear Box. 2AR 22 Pin by Chidimercy(op): 6:10pm On Nov 02, 2024 |
Please, I have challenge with my gear box. This is a tokunbo car I bought last year 2023. I was travelling and noticed there is a delay in engaging the gear but when I returned.
I took it to my mechanic to help me check what the problem is. He said the gear gear oil is very bad and needs to be changed. He changed the gear oil, the oil filter and serviced the body valve and coupled back the gear box. The car movement become worse and another mechanic checked it and said the old mechanic that serviced the body valve damaged the body valve. That I should buy a new body valve.
I am confused whether to buy a new gear box or buy the gear body valve. Please anyone with experience should help me out, is there any disadvantage of buying a new gear box or to buy a new body valve to check if my old gear will work? |
Car Talk › Re: The Life And Times Of Gazzuzz by Chidimercy: 2:02pm On Nov 02, 2024 |
When I bought my first car in 2021, Gauzz guided me even though I didn't buy from him, he guided me to get the beat deal, today i wanted to call his number but decided to first login here to mention him since he always responds and renders help as I am having issue with transmission of my car. Unfortunately u am seeing this news, this is so sad, I really don't know what to do about it, but Gauzz have been a great guy and of great help, may his gentle soul rest in perfect peace. |
Celebrities › Re: I Was Once Asked To Leave The Stage For Psquare -flavour by Chidimercy: 9:42pm On Aug 19, 2024 |
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? |
Properties › Re: How We Built The Block Of Lock-up Shops In Enugu by Chidimercy: 9:44pm On Jul 26, 2024 |
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? |
NYSC › Re: Thread by Chidimercy: 12:23pm On Jul 19, 2024 |
Is the registration just for a day? |
Family › Re: My Wife Insisting That Her Pastor Must officiate our child naming ceremony. by Chidimercy: 9:24pm On Jul 18, 2024 |
Oga, to be asking this. You never reach to marry |
Sports › Re: Manchester United Offer Hojlund Plus Cash For Osimhen by Chidimercy: 10:31am On Jul 01, 2024 |
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 |
Politics › Re: Soldiers Surround Venue Of NLC Meeting With FG by Chidimercy: 8:46pm On Jun 03, 2024 |
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 |
Politics › Re: Soldiers Surround Venue Of NLC Meeting With FG by Chidimercy: 8:42pm On Jun 03, 2024 |
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 |
Properties › Re: Feasibility Study Of The Investment And Profitability Of 12 Flats Of 1 Bedroom by Chidimercy: 11:40pm On May 30, 2024 |
spyder880: Umuchigbo, N18m. Would love to see the picture of the property and environ. |
Properties › Re: Feasibility Study Of The Investment And Profitability Of 12 Flats Of 1 Bedroom by Chidimercy: 9:57pm On May 30, 2024 |
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? |
Properties › Re: Feasibility Study Of The Investment And Profitability Of 12 Flats Of 1 Bedroom by Chidimercy: 9:02pm On May 30, 2024 |
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) |
Education › Re: UNIZIK Reschedules Convocation To May 31, Gives Reasons by Chidimercy: 3:41pm On May 22, 2024 |
Ah, 31st here we come |
Properties › Re: The Making Of The "Captivating" 5 Bedrooms Duplex In Enugu by Chidimercy: 9:27am On May 12, 2024 |
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. |
Properties › Re: The Making Of The "Captivating" 5 Bedrooms Duplex In Enugu by Chidimercy: 7:41am On May 12, 2024 |
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. |
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Chidimercy: 7:40am On May 12, 2024 |
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. |
European Football (EPL, UEFA, La Liga) › Re: Fulham Vs Manchester City (0 - 4) - On 11th May 2024 by Chidimercy: 2:54pm On May 11, 2024 |
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. |
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Chidimercy: 5:12pm On Apr 27, 2024 |
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? |
Celebrities › Re: Pascal Okechukwu (Cubana Chief Priest) Granted ₦10 Million Bail by Chidimercy: 10:42am On Apr 17, 2024 |
Hmmm |
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Chidimercy: 9:51am On Apr 12, 2024 |
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. |
Properties › Re: The Making Of The Asaba "Stepped" Block Of 6 Flats Of 2 Bedrooms by Chidimercy: 4:31pm On Mar 24, 2024 |
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. |
Properties › Re: The Making Of The Asaba "Stepped" Block Of 6 Flats Of 2 Bedrooms by Chidimercy: 3:57pm On Mar 24, 2024 |
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 |
Properties › Re: The Making Of The Asaba "Stepped" Block Of 6 Flats Of 2 Bedrooms by Chidimercy: 3:49pm On Mar 24, 2024 |
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. |
Properties › Re: The Making Of The Asaba "Stepped" Block Of 6 Flats Of 2 Bedrooms by Chidimercy: 10:50am On Mar 17, 2024 |
spyder880: Yes, I usually put baskets, 2 feet width. Thanks so much Engineer |
Properties › Re: The Making Of The Asaba "Stepped" Block Of 6 Flats Of 2 Bedrooms by Chidimercy: 1:54pm On Mar 16, 2024 |
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? |
Business › Re: Binance Drops Naira From P2P Portal by Chidimercy: 6:32pm On Feb 28, 2024 |
Which way out? |
Properties › Re: The Making Of The Asaba "Stepped" Block Of 6 Flats Of 2 Bedrooms by Chidimercy: 2:47pm On Jan 30, 2024 |
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. |
Properties › Re: The Making Of The Asaba "Stepped" Block Of 6 Flats Of 2 Bedrooms by Chidimercy: 2:36pm On Jan 30, 2024 |
spyder880: About 48m in today's money. Please this 48m includes both building and finishing? |