smasher1:


I don't disagree about your profits or loss. I'm risk averse. I don't invest in what I don't understand. I understand Nigerian stocks, I have invested in that and other low yield sure investments. I don't want to get rich too fast and lose my capital, so I do what I know and I'm comfortable with.

Noted. Crypto is not a get rich fast scheme. I have investment in NGX(formerly NSE) US stocks, Money Mutual funds, crypto and ro name a few

smasher1:


Many government workers put there money also in Ponzi schemes and get rich quick schemes. Please, no hard working bankers do such. Investing in things like Forex that they can't control or don't understand. Only greedy people put money in such.

You wrong again. I have made losses and gains in crypto. The first is to identify your risk appetite

Joyceaile:
Building is near completion,I have to do a through investigation before I let any any out,I don’t want police,lawyers,pastors,imams as tenants,elderly people too so I won’t be doing mummy and daddy in a house I built

Lol! Get a professional property manager to manage it not Sikiru or Emeka the electrical guy

Capeverde:
My experience with tenant wasn't easy at first but with time I got to learn how to handle and manage them.
The most important key is patience
For those who can read go through my thread and you will be on your journey to becoming a landlord
https://www.nairaland.com/5165531/follow-me-low-cost-house/9

Patience!!! You go old.

OKEMKPI:
My tenants are like my relatives n friends,we dey collabo fine.They knew that there rents was just a give away considering the quality and the standard of my house.
Las las,after 2 years, increment is sure,I need to get reasonable value for my investment.

Once you increase the rent collabo go end, they will call you names, friendship go soar

Vietnaminfo:



Nice advice here. The persons I wabt to rent the rooms should be students. The property is 2 minutes walk to a University community. Do you have any advice on how to go about it when students are the occupants?

They should give you the following documents
1. Student ID not dept ID
2. Their Guardian or parents Must sign a guarantors form
3. Get a lawyer to prepare a water tight agreement that your rent must always get to you before school resumes
4. Join the Telegram channel on my signature

enemyofprogress:
firstly, confirm they are working class, secondly, let them get a signed letter from their banks that, their house rent will always be automatically deducted as soon as their salaries are paid into their bank accounts. That was what I did, I collect my house rent monthly without any stress or stories from my tenants

And your tenants agreed to this? This is another angle

feldido:


I understand, I Don enter be that na how to come out of it nai I de find now. Thanks for the advice

Good
First, you go to him or call him an tell him straight up that you rent will be due in xyz time, remind him a week and 3 days to that time after, a week of hid due rent, ask him you haven't heard from him if after a month send him a quit notice ( of course you are just shaking him) he will get the message. On the event his probably reading this and think you are bluffing, then take it a step further go to any mediation center if you reside in Lagos, the other tenants will get the message and they will never joke with your money and they will inform new tenant of how you don't joke with your rent.

Written by Quinmodah

Avoid the following tenants

- Contractors (They keep expecting millions from contracts that never happened, telling you how they know Sanwo-Olu and how his yet to pay for the road in Ikorodu or supplies they made to Alausa that are yet to be paid for)

- Business men (don't even make the mistake at all, before he says, "I am a bus....man", just tell him straight up, you don't give out your houses to business men, they are never truthful, mess up the house, give false information, bring more than the specified number of occupants the house can occupy)

- Pastors (it's a constant battle with them, telling church members that you are the reason for his lack of success, and when it time to pay, he tell you stories, that God will do a miracle. I would have mentioned churches but I'll let it pass)

- Lawyers (On no account should you lease to them)

- Artists or G-boys ( You will spend more than the money you collected for damages and rent to put the house to a good taste, my property I lease to Asa in Surulere, I spent 950k to put the apartment in order before the current occupant could stay there)

In addition, ensure whoever you rent out the house to, their wives MUST be working. I learnt that here.

Join other experienced landlords & ladies on telegram channel (check my signature as we would be talking about tenants and house issues.

Focusmind:
All the tenants within my neighborhood are you boys. Someone finished converting his duplex to mini flat and rented all the apartment to yahoo boys. I asked him why and he said the yahoo boys are the only ones now with capacity to pay rents. Indeed, across the estate, most of the houses are being rented to G-guys unlike when some Landlords would prefer working class.

Lol! When they are done with the house ask him how much he used to do repairs and would he like to give to a g-guy again

feldido:

My bad, He's been a very good tenant though

Listen his duty is to pay his rent, irrespective of his niceness. The only time you can give him space is if he wife just newly gave birth, lost a loved one or his ill

okuwehcris:
Some tenant can be very terrible, how my tenants called me to come and fix pumping that I installed in good condition,
A tenant pleaded with me on how tight business is for him and I decuded to give him 3months grace, only for the other tenant to inform me that the guy personally told her he will purposely delay my rent. I am just patiently waiting for the 3months to elapse. The good thing is that he signed an agreement for a year rent and receipt issued...I just imagined how stupid can someone be

See don't here any plea from any tenants, once they know you don't joke with your money, they will pay before due date. I learnt something from NL landlords. They have a Telegram channel

Jefferyhi86:
God will make me a landlord. Amen, I wouldn't be in rush to have tenants, if u give me issues jejely pack wen ur rent expires, some tenants will make you hate urself of having a house even if ur being fair to them

Easier said than done, check my signature we teaching people how to become house owner it's FREE

feldido:
My tenant bypassed the prepaid meter that it's too expensive cos she has freezers. This is a meter I spent 49k to install, and also cleared over 30k bill the former tenant accrued. I just went there and cut everything off without informing her. Next thing this woman went to police claiming I beat her and she lost her pregnancy as a result of it.


The other one has become too friendly to me that he's yet to pay his rent and I don't know what to do now. And I don't see how he's going to pay before the next rent(December) will reach. I'm thinking of asking him to leave without paying what he's owed to avoid stories that touch.

Don't mix business with pleasure. Always ensure they know you don't joke with your rent. Get a property manager to manage the property for you. Good morning

McStoic:
Lol......as a landlord, it's good to set rules and laws you also can keep when faced with the same challenges. Get good lawyers, caretakers, agents who know their duties.
. Also make sure you do all the background checks you can possibly do on a prospective tenant via questions, before they move into your house. Make sure.your have a tangible knowledge of your tenant before renting your house to them. Make sure you fix your property in order before rentage to avoid clash of responsibilities.. Do not be ignorant of the landlord/tenancy laws applicable to the country you have your property in .


Lemme just stop here for now...

What type of background check do you do?

cattlefarming01:


Bro help us with your WhatsApp contact to teach us about this farming stuff

YouTube

DieRich5:
e-naira is same with ur naira no difference in price

There is a difference, it will be traded on exchanges.

Smileychoco:
I have like 100k I'm holding for my younger sis that she will use next year.
I'm thinking of buying usdt and leaving it there or open piggy vest and save in dollars for her.
Which one is the best option.
I have done piggy best savings before?
Is this the right time to buy usdt via p2p

Hey! How are you doing? I will rather ask you to save it in USD than in USDT.

Nozino:
Help.


I bought $1100 worth of Btc last week hoping it will increase ( Bitcoin was doing a steady increase). I just checked my wallet and it’s $960 left. Should I count my lose and sell? Any idea if Bitcoin would get to the $48+ mark anytime soon?

Yes dear it will. It's just a matter of time

Speakout03:
Can somebody point on the right tutorial to watch as a beginner.....or any other site to learn please Nigerians...Abeg

Welcome, you can try the channel on my signature on telegram. We the first to announce everything and anything in this space.

Lectures every weekend
Signals unlimited and many more

dayo229:


When you are dealing with crypto you have to stay on top of the news..... Anything can happen at any time..... If you had been online you would have read that Bynance delisted COVER..... Guys even mentioned it here when it was pumping.....

Sense will not kill you. This is what most people don't know.

OffsahBoye:


Tell us when since you're sure it'll come

Don't come back here in few weeks and be saying I told you guys

All of us self know

Check your charrts or join the Telegram Channel on my signature

izubext007:
Thank I never learn this stupid business

it's not a stupid business. A nairalander by the monicker peaceilya used it to build her house, a business and would soon be retiring from white collar job. Ignorance is bliss.

sheanzy:

My man the ignorance in nairaland baffles me..

Bitcoin has been dropping between 20%,no one talked sometimes 15% no one talk

Now way China ban am e drop only 5% everybody don Dy shout.. nairalanders too mumu

This month alone I have made up to 2000$ and still counting

Do you too Ade futures, marginal or spot trade?

smasher1:


Falacy, especially the last sentence.

Why do you say so?! Sir, many government workers are into crypto #fact. If you are in Abuja let meet on Monday and I will show you were seminar are being organized by CBN on crypto.

otukpoyam:


Tell them. Bitcoin ETC has no store of value, is not fiat, is highly speculated and volatile.

And you have Cathie wood, Micheal Saylor, Telsa , PSV football club and other institution buying. My people die because of lack of knowledge.

ILuvMerije:




Please, how can I get started with crypto?
Kindly help out

Good morning!
I am glad you have chosen to be among the very few that want to learn crypto. If you are on telegram, check my signature an join the channel on TG or you can send me a DM.

Happy investing.

SmellySperm:
Abeg Wich coin is the next rising coin for a starter like me? I wan invest abeg. Apart from Bitcoin and ethereum

Send me a DM let me show you how it done

Joysticks:
For those of you who have invested your lifesavings in crypto OYO.

This is wrong, you invest what you can afford to loose.