₦airaland Forum

@spider880, Well done sir.. A student like to know the total spent so far base on last picture?
From foundation to where it is now, and how much more to complete to painting level? 2 question!
Just need that to be answer before we start exams..lol

@Hajji Mufutau~~~ Pls tell me how does it feel to know that every penny that comes out of your pocket to your Naija project are nothing but your hard earned money? The feeling must be pricesless. And I can tell a sense of fulfilling inside you as a man .
Sir, to answer your question about u spent 4 decades outside, have u tot of those you left behind that are no longer hear with us? Or those that once rich in Naija but today maybe do to one govt policy or unstable political environment they are no longer in limelight . I say in all give thanks to God sir.

@segcy-more, this is extraordinary nice... Good job big man!

Who would have thought that BRAZILIAN that came to tournament with 2 wins out of 9 games be the one that disposed world champion Spain?

I bet Keshi watching this match now blaming himself for not taking his chances against Spain . Keshi tactics was d blue print brazilan excuting now but he lack strikers with noise for goals

Goal

Nigeria Super Eagles display same thing that destroyed rest of our country, like of discipline !!!

@Brabus, Let me first salute your courage to face so much bashing left & right. It take a strong man to come back over and over . You remind me very much of Dapo Lam on this NL back in early days of Nairaland.....But it was very wrong of you to jump from Lagos to PH to pick a building contract. It's not done any where..I remember sometime last year a friend was trying to get spider880 to come to Ibadan for a contract. E said NO because logistically it was way too far for him to cope. How in d world you think u can shuttle Lagos to PH and do a building without getting screw by the person you left to supervise? How? It's not so much about you been a bad person but you always failed to understand that your name at stake not those you sub-contract to...

@Jaydacorsair, Good to hear this coming from you . I pray God bless you & Brabus more to do bigger stuff in future .
@brabus, way to go man! ...For a client to come out and speaks good like this says a lot about you as a person & business man.
All hail Brabus d man!

Goalllllll 2

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spyder880: I advice you keep the column base the way it is. The job calls for buffer pillars now. Some engineers will call in "bumper pillars". This is an added fortification to existing columns standing right on top of the existing column base. The aim of this buffer pillar is to add to the width of the column by making it larger and therefore able to withstand more load.

You can do this by getting an iron bender to make rods of 16mm like he is forming a normal pillar base but he will not tie them together, he only needs to make "L" shapes and keep them seperate.

A carpenter should be brought in to build a new column support that will be used to coat the previous 6" columns, giving 3" gap where the rods and conctete will be poured in. The wood will surely project off the existing rods/pillars.

Then the "L" shaped rods will be inserted into the wooden board (in the 3" space created for it) but still standing on the existing column base. You can arrange to insert at least 2 pcs of 16mmrods in every column before the casting with watery concrete.

The effect of this is that each column will shoot out from the original line it was supposed to end, some people may argue that it will make the work ugly, but I add that its better ugly than dangerous. Also, this shoot out could be continued till the decking, and maybe a small cantilever will be added to the deck to tuck in the pillars into the decking slab lines but lets leave that for other experts to contribute.

@ Oga Segcy.more, Baba Aventures, you are my Ogas here, please point out corrections if you think I am missing it.

@Brabus, I have been calling your two lines but none is connecting. Be cool and keep doing it, it shall be well.

@ Oga Jaycondasair, be patient, this always happens but is shall be corrected and we all will laugh about it.

@ all, enough of the negative or inciting words, things will end up fine and we shall be praising God here on the house opening day.

Good job! Sounds more like Spider880 that I know. A man of integrity & authentic know how of building tech!

@Brabus sound much more like a business man on your last post... Keep that up!

@gabbytabby, @Niiade, @Degis & jamesqu....all you guys talks on same page that got me thinking could these be mere coincident? Even all d way to so much similarities including NL profile.

@Jaycondasair,,, please be more patient with brabus and it shall be corrected to your satisfaction with prof Spider880 & ventures technical support .

[quote author=brabus]Sir Jaydacorsia has been a very good man and such client deserve the best. Even where he found us to have quoted lesser than the local market price, we were duly informed.

Oga Spyder/Segcy.moor/Chekitaut, can you see that? He has done his part, I think it's fair to give him value for his money.


______Above quoted from Brabus just may 18th this month of may. Less than 2 weeks ago.
My question to you now Mr Brabus, As this client (jaydacorsia) got total value for his money?
Is this going same way as what we witnessed with you (Brabus vs Ahonohai ) about 2 years ago?
May I please ask what exactly is Brabus qualification or certification that qualify you as a building contractor.
For how long can you possibly continue this TRIAL and ERROR kind of business and messing people hard earn money all over the place.?

@Spyder880, I'm still dying to hear from you I like to know your stand on this mess Brabus into again. Why? Because you vouche for him on several occasions.

@brabus, spider,segcymore & all, Please tell me this is not same house that owner asked for a better builder to help him because another contractor was asking too much? ..that Brabus jump the rope that he can travel to PH to execute the project? Please someone should please tell me it's not same project? Before I know what to comment .

Now I see why so much Nigerians love to watch Premiership or what they call EPL. Why?Because EPL is a fraud.
Is Howard Bastard Webb a Man U player or what?

For the first time in my adult life I saw a patriotic Nigerians.....Those boys were rolling on the floor for losing U17 African Nations..
I am proud to be a Nigerian..., 2013 U17 Boyz you all my heros!

rastaman20: Supported too, i also suggest that Sir Sagewood and Sir Floridacar should be included to the clue

Let me start by saying a big thanks to you "rastaman" for such an honor bestow on me to join league of quality nairalander's. I would have love to join but unfortunate Spider880 mentioned some questionable character's today that put me away. Though I will miss not be part of this.that we all started but i rather stay far away than deal with such people he earlier suggested to handle some part of this in Lagos.
@Spider880, I will continue follow your each & every of your treads as always and you remain not only my #1 Nairalander . But with your suggestion earlier today that we should splits into two it shows clearly you are yet to discover what some of us saw in you. You are a born leader and your work show for it. Until you ready to lead what u started & we all support you . I am out for now!

spyder880: Seconded, how are we going to do this, appointment or should they volunteer?

By d way of suggestion I recommend Femmmy & spider880 as 2 member of committee of 5 .

Good job super spider880!

Fhemmmy: Wonderful concept BUT we have to make sure it is well fine tuned to make sure payment is made within the specific period of time, but here is a question for you, Sir . . . If we give the buyer 5 months to make all payment and come 5 months, he is missing payment, what happened, do we take our house of his land, do we seize everything or what will be the term, but i am so much in love with this concept.

@Fhemmmy, I expect a kind of an agreement with CLAUSEs in it that clearly state mode of payments & DURATION. Should owner fail to pay couple of things could happen either owner approach bank for a short loans or we approach bank on his behalf.

spyder880: I don't see how this is different from providing project finance which banks and other financial institutions currently do. I am a builder and will not mix it with being a money lender, have you thought of how we get out of this if the N5m is not repaid? Everybody is not you and Fhemmmy, the larger majority of our country men may not share your integrity qualities.

What is your profit projection for this option?

Profit projection can be as good as same as you project on other idea u first mentioned. My only problem with your idea is that u limited you and your investors to one place that u build. What happen if no serious buyer in 18months?
You asked how to get out if buyer did not pay "" the answer is very simple Bank pay you back which i explained earlier in one of my posts.
The only part i need you to clarify is where u said "larger part of country men did not share my integrity qualities"

The only problem I am still looking at with this option is this,

First the client provides land, probably has his land documents and therefore the control of the investment, we are just going to be the service providers and nothing more, what do you think will make him consider our building options in order to give us the needed profits since he can just hire the roadside bricklayers to build this same house for him?[/color]

@Spider880, Yes anyone could hire roadside bricklayers to build but can road side bricklayer provide financial assistance or use is money to complete a project? NOPE! that's where u come into d picture as investor/builder. are u asking me how u gonna make money/ I say same way u being making money from your previous project only different now is that u don't have to wait for owner to get more fund b4 u complete a project neither do u wait for him to fulfill is payment obligation. I am very sure no owner is going to give you his/her land and cash deposit and play around when they fully know u guy's have some kind of agreement.


[color=#006600][quote author=4X4][/quote]Secondly, if this client can bring in 5 million as you suggested and give us to start his project while he sources to pay the balance as we build/ after we complete the house. I have a question, what is the difference between this suggestion and what I am doing right now? You know I have been building houses for clients on their lands, with their money. If a client can buy a land and give you N5 million to build it, tell us why he should choose our cooperative/investment partnership and not any other service provider like Spyder, Brabus or Segcy moore?

Here is answer to your "secondly" question, Out of 10 projects you were consulted to do in the last 2 years i bet half of them exceeded the set out time before completion, u know why? because lack of cash either d owner run into difficulties or some other delay... IF you tell "Fhemmmy" or any of Nairalands big boyz to continue doing his car business with #5Million while u building him a Mansion with another #5million he wont say no to a deal like that.(i know i would not say no to that)lol. so what am saying is that there are so many good people that willing to buy or build but fear of putting all business money or building. its a kinda win win situation which ever way u look into it.[color=#000000][/color]

@spider880, It was over a month ago(pricesllly Feb 8th) when I first sold this idea to you but u missed my point. I was on a transit waiting for my next flight i couldnt type as much but I asked if u need me explain more better when I get to my next stop ...I am ready to put my money where my mouth is.. I know this gonna work and I am not shame to partner with you big time on this . If bank buying cars for people to tune of 7 million or more in Nigeria and it works , why not this?
Let us change the way we think, the way we work, way we reason and do something big. You may not be Bill gate of this world or Mark zuckerberg. But you are kenneths spider880. Yes you can. You have it in you an ability to build a nice house with cost saving that majority of Nigeria population looking for right now. Don't let me be one to tell you that you have a work to do and start doing it now. Take it to next level spider, you've got it in you the world can know longer wait for you. The time is now and let it start from here spider880!

If any one ready to partner with Spider880 on this my suggestion u should pls click like on this post and let get this started!!!

FLORIDACAR: @Spider880, what about we look into this from another angle... Say like we build for people inform of co-perative things.
Say for example..BayoAA, is planing to build a house about 10M we go in agreement with him that HE provide the land with 5million Naira deposit,
We build and he pay us rest of money say in about 6 months or whatever we agree on. In that case we may not need to look for buyer & we can deal with many people at a time.
.....should this not clear enough expect more clarification when I get to my next stop ...

@Spider880, I just quoted my suggestion that I posted on page 2 again. With litle suggestion here and there I think we fan start something unique and profitable . Here are some of things that my idea can eliminate, #1, we don't need to look for land to buy as our buyer provide that. #2, No point wasting time waiting for buyer #3, most likely we already figure whats profit ratio b4 we even lift a block. #4 zoning is eliminated because buyer comes from wherever they have money ready and willing to dance to our terms of agreement. #5 amount invest is so minimal and possibility we can do more than one at time.
What am saying or looking at is that so many people thinking in the line of building houses but there are always this fear of they don't have sunk of money to sink in such project, thats were we coming in. .... As any of my readers SHOUT niche marketing yet? Lol

prince_onx: @Floridacar: I believe everything or almost all that need to be said/known has been laid down by lawyer. I guess am also one of those guys on the fense at least till we know how to role this project/investment. Personally, my biggest issue/concern is not even how long the house stay before it sell but like lawyer rightly said, what happen to investors money/investment/funds if anything go wrong? That take me/us back to why I suggested involving some kind of insurance company or bond on the investment but it was never commented on or considered a major factor. I also recalled suggesting adding an extra 10% to whatever amount a lot or investment cost to cover the insurance. My example was if a lot or investment amount is N500k, investors should pay N550k bearing in mind that their primary investment is only N500k and N50 apply to some kind of insurance. I hate stories when it comes to business and I supper hate losing money too which is/why I do my homework very well and if its a deal/business I consider risky (101% of naija business is as far as am concern) I will not do except somebody (insurance/bond company) somewhere is ready to pay if any unforeseen happen. All the same, I strongly still think/believe this is doable! Maybe better off with fewer investors and higher investment.

@prince_onx,

@Prince_onx, talking about bond /insurance take us back to my earlier suggestion page 2 on this tread. Where I talk about smart way we can invest with or at least low our risk on investment. But to my suprises spider did not include some of our early sugestion when d voting came up . It's so simple d way I suggested it back then to actually look for those that own land willing to build and go into some kind of agreement with d person . For every house that cost #10million to build provide land give us #5million deposit, we build for u then upay rest of our money back in few months or what ever time agree on. In this case bank involves should u fail to pay bank pay on your behalf then we investor walk away on hurt. Am I d only one thinking on this line?

spyder880: My target profit is about 20% (sell for N12m)
My target selling duration is 6 months.


But those are just market plans and have nothing to do with real live situations. I have sold a house even before it was completed, and sometimes I have seen houses staying for one year without buyers. But the trick is that it keeps appreciating, especially in Nigeria.

@Spider880, From above quotes it's easy to say #2million Naira Profit on every #10million Naira Investment average 9 to 10 months duration? Meaning if any investor invest #1 million Naira that person should expect about #200,000 Naira profits in 10Months .
AM I being Cynical? Absolutely not! I am more into this but I think we need those people sitting on d fence to jump in & bring more money making inputs into this. Calling on people like BayoAA, Prinx_onyx, Fhemmmy & all sharp thinking nairalander's. Spider880 did a good job bringing this up now he needs all contributions to make reality out of d dream.

@Spider880, It's a good thing that u consulted a lawyer to open this up. Maybe about time we look into it from our not so professional way of doing things . I.e ( pure risk takers business man...lol) I like you to pls answer some of these questions. So as to help wanna be investors to know exactly what they are getting into. Question#1.. How much u expect to turn in as a profit on #10million from first property base on your experience ? Maybe selling it for 12 or 12.5 , 12million maybe?
Question#2, what's projected duration on this investment from day of investor contribution to property selling date? 8,9, 10 months year maybe? Please i expect your answer then we go from there. ...Let me make-it clear here that I am very interested in this investment & I think about time we do it like a business.

@youngmill, click on spider880 profile that's Mr organizer.

If there is any Facebook page am dying to be on it will sure be this slowpoke call Femi fani kayode... It's only lunatic like FFK that quick to blame dead young lady for such tragedy.
It was same that Femi fanikayode that blames Presidet Obama for gay marriage in UK and europe forth night ago.

@Spider/ckenneth.., Remember that old proverb says " He that cannot ask cannot live." In a country such as ours (Nigeria) one should always ask Question why am I doing it?
Is any functioning judicial system? Nope! None. It's always who u know or matter of highest bidder..that get acquitted in our court of law. .. That been said it came to my first question
Why are u doing it" Why in the world risking your life and flogging a dead horse? If a guy could buy a stolen vehicle and ride freely in a city in a day light, do u think such a guy Is not bad enough to visit your house at dark of night? Leave it all for God and let it be. I lost 2 new/Tokunbo cars myself just last year in Nigeria in a day light at the gun point.. I was upset, I was mad, furious and down at same time. People went to police on my behalf and all that I told them I left it all for God. Because I know it's a jungle out there in Nigeria no justice for ordinary man. Why? I refuses to allow Nigeria police to turn me to cash cow. So my brother spider let the sleeping dogs lie.

Quite impressive, extral ordinary amount of professionalism exhibited . My best on Nairaland so far. Kudos!

@ Ckenneth, Welldone! I know you to always deliver on your promises. Here are my questions for the whole house to deliberate ::
What's your expectation in terms of profit on propose #10 Million Naira ? Do we have an idea how long before investors can start making profit?

@Spider880, what about we look into this from another angle... Say like we build for people inform of co-perative things.
Say for example..BayoAA, is planing to build a house about 10M we go in agreement with him that HE provide the land with 5million Naira deposit,
We build and he pay us rest of money say in about 6 months or whatever we agree on. In that case we may not need to look for buyer & we can deal with many people at a time.
.....should this not clear enough expect more clarification when I get to my next stop ...