₦airaland Forum

004gist:
maybe you mean building a house for rent in the village is a waste of funds

I mean n the city. like here a one bedroom flat goes for 280k to 300k
a 2 storey building can give you 12 flats single bedroom flats and that translate into 3.6m every year for an investment of let's say 40m

that's not bad... because you have a very secured investment that stands firm for let's say 100 years or a little lower.

I am not saying its an investment to give you her return on investment.

There are other businesses you can as well do and they comes with their risks etc.

But my theory is that house for rent is not a liability but a security for the raining day a sure security that could help in times of old age or retirement

In an area where a single bedroom apartment will be rented out at 280k per annum, how much will the land itself cost you?
Do you have the millions of naira that that will cost in addition to your conservative estimation of 40 million naira a storey of 12 flats with single bedrooms?
And lastly, how long will it take the person who is earning 450k per month to save such amount after his own daily spendings?
So, that takes us back to what I said in my post:

It is only okay when you have lots of idle funds.

nairalanda1:
Well they could put it in his credit record, which could come back to haunt him in due course.

This type of illegal loan shark don't have power to do that.

P.S.

Earlier, you used abusive language on my person. I don't recall abusing you, and I find your use of foul language distasteful. I also think that it makes you look immature and childish. Refrain from being abusive on this site, thank you.

You're insensitive

004gist:
The Nigeria you see ur self today is not easy to go into production. all my friends that got 10m in 2011 to open pure water factory are almost out of Business. any business that has competitors making profit is not really easy

If you have enough streams of income, you are free to build a house to live in for yourself. That's not a wrong decision.
If are working with an organisation and having monthly saving and you think you need extra income but you're afraid to go into business, you could easily invest in land acquisition but not houses. Just strictly land. It is the land on which the building stands that appreciates in most cases, not the building itself.
The returns from houses are very low compared to the cost. It is only okay when you have lots of idle funds. So, using 50 million naira naira to get a land is far better than using 50 million naira to build a house or houses for rent.

Fromhome:
You mean he should quit a #450k job and japa?

Lol. He, himself wan japa now. Someone who is clearly lacking financial literacy. He thinks money grows on the streets in abroad. And clearly doesn't know that he has to work hard, really hard to make money and bills will eventually chop the chunk of his income. Working 8 hour shift with no rest and doing two, three jobs in a day and night

UyaiIncomparabl:
Did it happen to you?

I never found out.

Kukutenla:
A lot of you ignoramus just jump into people's conversations with your lack of ability to read and comprehend just to write absolute nonsense and expose your low mental capacity.
For your info you nitwit, the article highlighted that FPI was 495 in 2019, dropped to 56 in 2022 and rose to 222 in Q1 2023.
But your stupid self, obviously due to your asinine brain failed to see the comparison I'm making.
You should be ashamed of your daft self

You are very dull, you need to go and ask for the refund of your school fees from primary to higher institution. Ode

Iykeabc:
My BP is normal though it increases whenever I went to hospital to see a cardiologist because of phobia but it has never exceeded 140/80

I got the same problem too. Visits to the hospitals always make my BP rise, that's why I get the instrument in my house.
But the fact that you noticing those signs means it has to do with heart (BP)

nairalanda1:
.

1.Thing about loan app, when they are offering you deals too good to be true, check am well. (I know from experience)

2.Once you take loan, it is understood you have agreejavascript:void(0);d to the terms and conditions, including the bit where they can revise the loan deals (Yes, it is there in the fine print).

3.Besides, he did not need it really.


Your family has lots of wisdom and favour in their lives, they do.

Mumu is your surname. They reviewed the terms and conditions between when he applied and got loan? You must be very daft! Does that review include promising someone 55k to pay 66k, then you sent him 38k to pay 66k?

MichaelSokoto:
Pls kindly tell us d name of d app then we will take it up from there!

Modified!

Ok it's Super loan, my smallie them
I show dem renewed shégé, jagaban style last year!


Call dem now now and threaten them!

Then block their numbers and delete their app.

Or, just be the one to be threatening dem everyday morning & nite!
Their fada nyach!

If ur contacts call u concerning dem, tell ur contacts dat u lost ur fone and scammers used it to do rubbish.
Shikena!
Case closed!
Ya contacts will help u 2 execute d vawulence on their a$ses!


Pls paste their agents fone numbers here lemme giv dem small vawulence to take hold bodi!
u are in dis con3 & don't have titanium steel ballz, my guy I pity u!

Correct yarn

nairalanda1:
Why did you take that loan then?

You obviously did not need it, so you took it, and you entered their trap.

Oga, pay them their money and stop disturbing us here.


(Before you start, I use a loan app. And before I take loan, I read the terms and condtions, and scrutinize everything up and dawn...)

What nonsense money is their money? He even made mistake to return that paltry remaining 38k. What can they do? Nothing

Iykeabc:
Mine is that I'm having shortness of breath, tightness of chest and chest pain. I have done both ECG, x-ray and blood tests but doctors said that I'm okay biologically except that H.pyroly is positive which means I'm having ulcer. Please I want to ask if ulcer like peptic ulcers can cause all these symptoms .

You didn't say anything about your BP. What is BP readings and when was the last time you checked it?

Killing someone because of bread! That's barbaric

Kukutenla:
What is positive news over portfolio investments rising to 222m from 495m in 2019 even under Baba Sala bubu?
Seems you don't know what portfolio investments are

U be confirmed mumu. Not from 495m but from 56m. Even this increment wasn't under Tinubu, it was still under Buhari because 1st quarter was January-March 2023. First quarter under Tinubu will be next year or we wait till the figure for 3rd quarter of 2023 will be released

Shokoloko:
The reason why women are typically taken out is that they are going to perform a service (childcare) that the man cannot perform.
Most likely the children and their spouses are working full time and need someone who is family to keep an eye on the grandkids.

People must stop having the number of children that causes them to barely feed, cloth and sponsor education. There is something called contraceptives available for cheap in many community health centres. Bringing a child into the world is optional. If you brought a kid into the world you are obligated to care for it.
If they did not cut themselves sexual and reproductive slack, why should the children cut them some slack?

Instead of you to agree with me that grandmothers need to be left with their husbands, you ended up justifying the selfish culture without knowing it. You made it sounded like you're telling me the reason behind it, like I didn't know. Lol.
My point: you're biased.
So, if there is no grandmother, the couple wouldn't find alternative? Perhaps, they would wake up dead grandma.

LadyTara:
So I guess , going by your logic, people can also be influenced to become serial killers.

Stop applying wrong logic. Many people are influenced by what they see or hear constantly. That social media is not playing an influential roles in many homes is like one doesn't want to look at the obvious

princekwi:
Idiot condemn INEC first that announced fraudulent election, then the beneficiary of the said fraudulent election you snake and hypocrite, then push for prosecution of Kemi before condemning the girl bastard, I hate you people for being hypocrites and snakes that's my point. Bingo, your constitution has been trampled upon to elect a rogue, you didn't see it to condemn but waste your energy on the girl, Bleep off, charity begins at home, start your condemnation from top you demon

Mumu, the same INEC that conducted an election which your slave master is claiming that he should be declared the winner? Many of you plain dumb.

Shokoloko:
Children are not retirement plans.
The bible says to have enough for your children's children.
This implies that you should have invested enough for yourself.

Yes, I agree with you that children shouldn't be a retirement plan. But it is deeper than that, saying it like that simplify the issue which is not so good.
One. Let's talk about loneliness. Why should children take away the wife from her husband when he's not violent to her or "abandon" her? I think children in Nigeria need to put a stop to this culture of selfishness.
Two. Many parents barely earn enough to feed, cloth and sponsor the children education, they don't have anything left to save or invest. They make making their kids become something in life a priority. Such parents deserve to be cut some slacks

Omoawoke:
Pls could you give an answer to the questions I asked. I’d appreciate

Your questions are the issue here, doesn't need answers.

UyaiIncomparabl:
Lol. If you know how long I have known those monikers and watched “their” consistency, you won't be saying this.

I don't need unsolicited messages, please. They won't be attended to.

But you attached your business phone number to your profile. You already knew what he wants?

MrBrownJay1:
the important question here is: WHATS MORE IMPORTANT TO YOU?
A) is it the look of your friends/society on your marriage?
B) is it your wife and family?
C) is it to have a child by any means necessary?
or better yet, (D) why did you get married to this woman?!

Why? Because they like/love each other and kid was gonna be part of the deal, must

UyaiIncomparabl:
OP, 5 years and you're running out of patience.

Women should learn to be ruthless and selfish when it comes to taking several decisions like this one. Many men in this dispensation wouldn't take half of what you accept from them. If this man was the problem, the woman would have hung in there, stayed patient, prayed, and done whatever society expects of a good wife. Should we turn this table and demand the same measure from men, they will leave you in a heartbeat unapologetically.

Cheers.

Or, probably would have downloaded enough bastarrds for SIMPle man

baconline:
Ask him if it was the opposite,will the north accept it??

I hear say na Christian/Christian ticket in Plateau state. Is it correct? And Plateau state is in the North

Morbeta11:
Hope you wouldn't lead jihad if Christian/Christian happen.

denko:
I hope when christian christian emerge he wont foam in his mouth

It is happening already. It had been happening for a very long time. Just that it can't happen in kaduna state.

SHiNJA4RMDWEST:
The midget head slamming mohammadian terrorist...

All head slammers are terrorists...

I blame southern Kaduna people for tolerating this rubbish from those terrorists...

Anyway God bless the good people of Southsouth and Southwest

They can't do anything about it. It is like that everywhere some religions and/or tribes are in minority.

PHIPEX:
As usual, they keep going round Obi. Obi is too clean for them so they will keep attacking those around him

Yeah, too clean but he is yet to come clean on how he used his kids names to open secret accounts in Panama. Mr Pandora. Clean people don't hide money in criminals' haven

Omoawoke:
AS v As

You can test the foetus, if SS terminate…

But when analyzing, let’s let at both sides..

What if somehting goes wrong in abortion
What if the pregnancy is twins and one is AA and the other SS

Or what if the testing have a false result as AS, when the baby is actually SS

Many things to analyze

Your questions are based on the level of your inadequate knowledge of modern and advanced medicine. In other words, you are highly uniformed and ignorant

Zupay:
She is okay with it because she wan relocate to Canada.

The price to pay. Not bad though.

IconicR:
Why will you subject somebody's daughter to so much stress when you can easily go your separate ways.

What stress is that again? Test and removal if it is SS? You're exaggerating

Angelfrost:
Good... Keep taking the professionals! Take them all... As many as are willing and ready to relocate!

Every professional in every sector deserves to practice in more humane and well-equipped facilities and to live in environments that will keep him safe and in the right frame of mind to deliver good services.

Hahahaha! Ironically, those every professionals are trained almost for free of charge (compared to US, UK, etc) in a "less humane and not so well equipped facilities and environments that doesn't keep him safe and in the right frame of mind".

Passovile:
More doctors to leave for Canada. They know how to attract what they need to their countries.
We know how to distract good things from coming into our country.

At least, doctors and others are the good things that leave this country. Breed and trained in Nigeria, trained at a highly subsidised tuition fees too. At least, we're exporting good things.

nairavsdollars:
You can't try that in Lagos

You were probably a toddler when it was rampant in Lagos before govt intervened. These guys too would be checked so that the madness of being civilised can continue in peace

Zxcvbnmghtr:


Ubeji community in Warri South Local Government Area of Delta must be a Muslim dominated L.G.A . Infact they want to enforce Hijab sef. Why are Muslims like this? Can't you allow us to wear our indecent clothes in peace. All you need do is close your eyes any time you come across us half naked. All these Muslim boys should go and learn some self control.

You want us to be dressing like how Tiwa Savage dressed during her performance in Saudi Arabia all covered up? Haba, you people are not civilize.

She died when she covered up? Is there anything you gain being naked on the streets? Thank God that community is not a Muslim dominated area, otherwise Islam and Muslims would have been dragged through the mud.