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Itsrm's Posts

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European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 9:48am On Dec 20, 2021
Just watched yesterday's match and it's the best I've seen us in recent weeks. The return of Kante and Kovacic is a blessing. If we can avoid injuries, it can only get better from here
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 9:24am On Dec 17, 2021
donstan18:
What did he even do post lockdown? How many games did he win for us? cheesy

He’s shiit! We can’t keep pretending like he’s some messiah to Chelsea. Werner is way better and productive than Pulisic for Chelsea but still slandered.

Pulisic needs to join Arsenal, he’s mentally weak and lazy to be playing for Chelsea.
I am counting on Arsenal. They did it with William, they can do it with foolishic
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 9:06am On Dec 17, 2021
donstan18:
One day, we’ll talk about how useless Pulisic is becoming to Chelsea.
Just an overhyped Charly Musonda.

I will never understand how anyone will not see that the guy is a piece of sh!t. Lots of dribbles and very little end product

If you talk now, they will start referencing his performances last season post lockdown. Even Cuadrado had his good days
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 10:38pm On Dec 16, 2021
Nawa o
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 10:12pm On Dec 16, 2021
dammywapes:
See pple wey wan win league una no fit score everton team B grin
grin
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 10:08pm On Dec 16, 2021
donjazet:
That bench is vacant.
I'm becoming very concerned. We need to score soon.
Barkley in for RLC. We will manage
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 10:03pm On Dec 16, 2021
One of RLC or Jorginho needs to come off or that middle will soon turn to an express. Both are now on yellow cards.
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 8:37pm On Dec 16, 2021
Trevor012:
I had this Sh..it few weeks back. I googled it and was told it will clear between 5 to 7days on its own so I relaxed. Between that period it disappeared completely. Why will you be needing surgery? Is it that serious?
This one has refused to clear. They said its grade 3.

We've gone through two different rounds of drugs and now on the third. If there's still no reasonable improvement then it will have to be surgery.
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 8:02pm On Dec 16, 2021
macjireh:
go to paediatric ward and see children dying of malaria... my second daughter's case shocked me..we have been treating her since October...she was admitted and discharged,,she got home and was still running temperature ,,we were asked to run other tests,,still nothing was found,, just last weekend a pharmacist suggested a stronger antibiotic which we are even testing and hoping it will be our last bus stop...I used to underrate malaria,, but this one scare me
If you're using antibiotics then it's not malaria.
I hope its not tonsillitis. Been battling with it in my son for a while. May just have to go for surgery eventually
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 7:27pm On Dec 16, 2021
Segedinho:
You have never been to Nigeria then...


Maybe na Ajebo u be
I have never seen as well.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 12:02pm On Dec 15, 2021
Foodempire:
I understand you because I'm deeply involved in the business and i trust that you know your onion with your narration but stop shoving it, when you tell people your truth and they say it's false, then ignore or only tell them what they want/love to hear.

What work for you might not work for them, beside the way it's being done is the enemy of the way it should be done.
You have spoken well
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 12:01pm On Dec 15, 2021
ositadima1:
I don press calculator finish, the last vehicle will take more than 2 years to break even @ 25k, even @ 30k - returns about 400k.

25k * (52-5) weeks/year * 2years = 2.35M assuming 5weeks as expenses and holidays.

Conclusion: Naira devaluation don dey spoil ur biz.
Agreed. Still, not many businesses can give you your money in three years. Let's leave two years for now.
European Football (EPL, UEFA, La Liga) › Re: Arsenal Fans Thread: The Red & White Army: 2025/2026 EPL Champions! by Itsrm(m): 9:02am On Dec 14, 2021
iamoyindamola:
You still haven't address the main issue
He was to come back wednesday evening but returned on thursday in time for training, unless there is a training on wednesday evening punishing him is a stupid thing.
I also said if aubameyang was in form arteta won't do shiit that is the kind of man he is
Well both of them should fvck off my club
It does not matter if he came back in time for the training or not.

You have no idea the kind of ripple effect such act of indiscipline will cause if allowed without repercussions
European Football (EPL, UEFA, La Liga) › Re: Arsenal Fans Thread: The Red & White Army: 2025/2026 EPL Champions! by Itsrm(m): 8:57am On Dec 14, 2021
BlueRayDick:
This to me sound more like a beer parlor gossip, but then if it's true I don't see what Arteta has done wrong in all of these. Like in all Organizations, there are rules which all employees who eke their living in such orgnaizations must strictly adhere irrespective of their hierarchy/ designation. Auba gets paid hundred of thousands in pounds every week which affords him the luxurious lifestyle he's living. Complying with the club's/Arteta's rules shouldn't be a difficult task for him.

Forget ur personal "hate"/bias for Arteta, mention one coach u know that will allow their player(most importantly the team captain) to openly show flagrant disregard for the club's rules/protocols. Even Xavi that was just appointed by Barca gave a whole lot of do's and don't's he expects all Barca players to follow, of which failure abide by them will spell doom for such player.

I don't see the need to call Arteta Hypocrite here considering he didn't give Auba any preferental treatment, rather he gave him the axe like he would do any other player in Auba's shoes. Whatever the story behind Auba's missing training was, one thing is clear; Auba surely has some disciplinary issues that needs addressing considering he gets paid so much compared to the rest of the team. To whom much is given, much is required.

I remain one of the Auba's biggest stan particulars for his goal scoring abilities, but I don't Stan nonsense behavior like this one from Auba.
One time I agree with you a hundred percent.

Rules are there for a reason, you allow Auba get away with it, the next will be Xhaka and indiscipline sets in.

If the rules are too hard for you to obey, the honourable thing is to leave the club. I'm sure there are no dearth of good strikers who are looking for an opportunity to wear the Arsenal Jersey
Car Talk › Re: On The Eight Day, God Made The V8: My Journey To 400 HP by Itsrm(m): 6:52pm On Dec 13, 2021
HeavenlyBang:
Stanel World, Awka.



wink
If there was one place I would have sworn you can get quality oil, I would have said Stanel world without blinking an eye lid.

I played a little part in the construction and was there the day the project was commissioned. It looked like it had great prospects. At the time, virtually all vehicles in Awka came to Stanel to buy fuel.

Surprised they are now notorious for selling bad fuel.

To more pressing matters, I understand the parts for the G37 may not be readily available but how bad is it getting regular parts like linkages, control arms, ball joints e.t.c
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m):
Roland17:
I take God beg you, come carry the Gbanjo night market comot from my Milan.

Na so so rubbish him don dey dish us since him join us. Baba has not even finished 90 minutes for us.
This Bakayoko? cheesy

Roland17:
As much stick we have given Bakayoko, he deserves a lot of praise for our recent surge.
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 11:13pm On Dec 10, 2021
CapitalCee:
Being a Bus driver in London for a former super Falcon player is not a bad thing. Lets stop this cry baby attitude
Me self shock o. What is Don j complaining of?

If he had said she's now an Agbero in Oshodi, I for understand small cheesy
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 11:06pm On Dec 10, 2021
emmanuelewumi:
Still waiting for answers to the questions I asked over 4 hours ago
I'm not living on nairaland lipsrsealed
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 11:02pm On Dec 10, 2021
NL1960:
So for a place like Lagos, what is the daily range rental that an owner should expect?.
The drivers deliver 30k weekly on average. Some more, others less.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 11:01pm On Dec 10, 2021
emmanuelewumi:
How long have you been doing this?

How much is the vehicle?

How much is the weekly rental?

What is your profit margin?

At any point in time, how much do you have in liquid cash for emergencies and replacement of the vehicles?

What is the useful lifespan of the vehicle used?
Been doing it for over one year

The first vehicle cost 1.9. The second, 2.2 and the last 2.4

Two drivers pay 25k weekly. The last one pays 30k which will be reviewed to 25k in January.

Each vehicle is expected to bring in a minimum of 200k every 8 weeks. I use one week rentals for servicing and keep another 25k for emergency repairs. The vehicle is mostly trouble free in the first one year. This means that most times, I don't get to use the 25k. Remember I mentioned how important it was to buy right. If you buy the wrong vehicle, the rental has failed before it even started.

Now to put into perspective, this is a list of all the maintenance done and money spent on the one bought in July outside of oil changes

Brake pad 4000
Tire rod knuckle 3000
Bottom plate 6000
RTV Gum 500
Cabin air filter 1500
Panel beater 2000
Labour 6000

Total 23,000


Lastly, I'm projecting that the vehicle will serve for at least two years before the repairs become too frequent. I would have gotten my money by then and should be able to sell the vehicle at the same amount I bought it with little fixes here and there.



I believe I've answered all your questions.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 2:26pm On Dec 10, 2021
OgogoroFreak:
They won't tell u the car is faulty so they don't spend on quality fixing from ur mechanic. Your trusted mechanic only fix if they let you know.
The vehicle is usually due for service in about two months. How long can they drive it if faulty without me knowing?

Besides, it's clearly spelt out in the agreement that I can demand for inspection anytime I want.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 2:14pm On Dec 10, 2021
ThisisIkemefuna:
You sound very confident in your style of business. Can I know how long you've operated and the success rate you've achieved with drivers overall?
I started with one vehicle last year October. Got another one July this year and the last vehicle in November.

The first driver was a mess because I gave someone I knew. Learnt from that experience and it has been good. Hoping to get another by end of January
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 2:00pm On Dec 10, 2021
OgogoroFreak:
I suspect you haven't actually done this business before.

They are responsible for fixing but they only patching and managing the car till it finally packup and they start telling you it's spiritual ish and how "arrow was fired".
I see why you failed with the rentals

Your trusted mechanic repairs the vehicle. You should never allow them handle repairs on their own. Never. Not even oil change
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 1:50pm On Dec 10, 2021
OgogoroFreak:
One common thing is that they manhandle the cars, decreasing it's lifespan. When u give same car to them on hire purchase, you clearly see they treating it like a baby.
The first thing in rentals and where most people fail is, the vehicle has to be in a very good shape.

Putting a Nigerian used vehicle on rentals is a recipe for disaster.

The next pitfall is the agreement. Most people just copy someone else's agreement and have the driver sign.

This is what works for me.

Drivers should bear the whole cost of miscellaneous fixes.

Miscellaneous fixes includes exhaust leaks, tire fixes, wheel balancing, alignment, e.t.c.

Drivers bear 10-15% of all suspension fixes above 20,000 and 15-20% when it's below N20,000.

You only bear the whole cost of repairs of damage to drivetrain components. Your engine, your transmission, cv axles, e.t.c.

When they know they are partly responsible for repairs, they drive carefully.

Lastly, vehicle owners should be reasonable with rental demands.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 1:00pm On Dec 10, 2021
OgogoroFreak:
There had never been a dearth of people looking for cars on rentals. Some might even swear with their unborn kids. how loyal they always are but when they get the cars same old stories of cheating the owner. Funny they all have similar methods.

From my own experience, I vowed never to do rentals again. Hire purchase went well for me.
If a driver cheated you, you enabled it.

Most people go into businesses without having a good understanding of how the business works. I want to believe that was why your rental thing failed.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 12:44pm On Dec 10, 2021
RayRay06677:
For rental, consult your jazz man. Those drivers will run you street any day, once that one from heaven arrives, esprit de corps sets in as his compatriots will view his move as spoiling business and they will set into action and corrupt that heavenly mind.

Go locking the car and giving another, please how many times would you lock in the life time of the car, calculate the losses and consider the usage on rental is different from hire purchase, u see those gallop they dodge during hire purchase, they will swim on it on rental.
You are not following.

When they know the vehicle will be taken from them and it may take another 4 months to get another vehicle, they take the one they have serious. This is why the vehicle must not be given to someone you know. They know you won't collect the vehicle or will send people to beg you if you collect it.

Just book a Bolt ride and ask the driver how easy it is to get a vehicle.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 12:42pm On Dec 10, 2021
emmanuelewumi:
Too much theory, get your car and put it on rental.

Experience is the best teacher
I thought that was obvious already.

I have three vehicles on rentals so whatever I tell you is not theory
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 11:36am On Dec 10, 2021
emmanuelewumi:
Doubt if he would get the rental income for 6 months, before everything will run down
What will run down? You don't pay for two consecutive weeks, I shut down the vehicle and give to another person. At every point in time, there are thousands of drivers looking for vehicles.

You only need to know where to look
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 11:34am On Dec 10, 2021
emmanuelewumi:
To save yourself from stress and high blood pressure, hire purchase is better.


By the time you get 500k as rental income, your car must have depreciated by N1.2 million and above
Ask around, corollas don't depreciate in Nigeria.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 10:32am On Dec 10, 2021
OgogoroFreak:
Exactly! Rental is the best, if and only if you would be getting the drivers direct from heaven.
If only you know.

Things are really hard these days. Thousands of people are looking for cars on rentals with no available car.

When they manage to get one, they are now very careful with their remittances. For the ones that want to prove difficult and don't pay as at when due, you shut down your vehicle from your tracker and give to the next available driver.

What I always tell people which was one of the mistakes I made initially was, never give the vehicle to someone you know or someone related to you.

It must be a stranger with no emotions attached.
European Football (EPL, UEFA, La Liga) › Re: R36L Madrid - Most Successful & Greatest Champ15ns of Spain, Europe & W9rld by Itsrm(m): 7:34am On Dec 10, 2021
Branzy:
..

Seems you guys want round two any style we're ready to impregnate Madrid
Leave them cheesy

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