₦airaland Forum

Desperate times call for Desperate measures.

MTK chipset?

Not in my country!

Sarang:
Thanks guys but I am specially interested in South East universities. I appreciate your responses but I wanna hear more opinion from people in the East or university students in South East.

Hmmm... You can try something.

Go to the Education board on Nairaland, check threads for various schools in the South East that fit your requirements and try to initiate conversations with posters who are students of such schools.

That way, you'll get feedback from those presently consuming the services you intend providing.

He paused developing his life for a woman. This story hasn't ended. They'll soon start pouring themselves acid.

I hope someone reading this doesn't make the same mistake.

OP, location is very important in the real estate sector. In my opinion, due to the high number of tertiary institutions in university areas, students hostels would be a profitable venture.

Students of Government-owned higher-institutions constantly suffer shortage of campus hostels. Hence, investors and private individuals build student hostels and let them to the students.

For those in a place like Lagos, considering the fact that Lagos is a cosmopolitan city, land may be quite on the high side to embark on a project like this. However, if you look at somewhere like Ogun State, it has lots higher institutions and relative lower cost of land compared to Lagos. This makes it more viable.

For example, in Federal University of Agriculture Abeokuta (FUNAAB), you can easily get plots of land for around 2M and build hostels on them. (I'm using FUNAAB cos I have advised various clients who invested in this area).

Very good Hostels in FUNAAB cost above 150k per annum depending on aesthetic beauty and facilities.

If you build a 30-room hostel of self-contained rooms, and you charge 150k per room, you are guaranteed about 4.5M per year. More rooms can be built depending on the investor. You can bill per session or per year, it depends in the owner of the property.

I have several Nairalanders with similar investments like this in FUNAAB and they're getting steady returns.

You should however screen the type of students you intend to grant accommodation as it could cause you headaches later.

Also, should put a benchmark on the number of students that can squat with each student in a room. Else, your hostel would turn into a civilian barrack.

It's very important to ensure the hostel is comfortable and painted in very attractive colors. This attracts the higher paying students who should be your target.

Further questions can be asked herr) on this thread or I can be reached via Watsapp on O8O6379O773.

Cheers!

jefferson198701:
guys is fidelity bank a good bank to run transactions with??

Good bank with friendly staff.

Their customer service is top-notch and that's what makes me bank with them.

Location is very important in the real estate sector. In my opinion, due to the high number of tertiary institutions in that area, student apartments would be more profitable than an hotel.

Students of Government-owned higher-institutions constantly suffer shortage of campus hostels. Hence, investors and private individuals build student hostels and let them to the students.

Fot instance, considering the fact that Lagos is a cosmopolitan city, land may be quite on the high side to embark on a project like this. However, if you look at somewhere like Ogun State, it has lots higher institutions and relative lower cost of land compared to Lagos. This makes it more viable.

Take schools like Federal University of Agriculture abeokuta (FUNAAB) or Olabisi Onabanjo University (OOU) for instance, you can easily get plots of land for around 2M and build hostels on them.

Very good Hostels in FUNAAB cost above 150k per annum depending on aesthetic beauty and facilities.

If you build a 30-room hostel of self-contained rooms, and you charge 150k per room, you are guaranteed about 4.5M per year. More rooms can be built depending on the investor. You can bill per session or per year, it depends in the owner of the property.

I have several Nairalanders with similar investments like this in FUNAAB and they're getting steady returns.

More details can be discussed on request or you can ask questions in this thread.

I can be reached via Watsapp on O8O6379O773.

lalasticlala:
https://www.nairaland.com/3229809/guy-loves-one-love-choose

Thanks for the heads up.

Hi guys, I was going through Quora and I came across this question "would you marry the one who you love or the one who loves you?"

Sounded quite interesting and I decided to throw it open to Nairalanders.

cc: Lalasticlala
Dominique
OAM4J
Seun
Obinoscopy
Farano
Rocktation

DOUBLEWAHALA:
can't u find sumtin meaningfull and do for these kids.......

y do northerner love buying nonsense for dia people


the other one was wheelbarrow
and motorcycle

now the kids are getin bicycles

It is better to keep quiet and be presumed wise than to speak and remove all doubts as to your foolishness.

The way Kanu talks makes me wonder how he reasons. It appears his lawyers are Incompetent and offer him wrong advise.

See mouth

baby124:
Show me proof of where it exists in the constitution that a school can pass laws concurrently with that being passed in the legislative or shut the hell up. You brought it up and I asked for proof. Typical pangolo lazy lawyer. Who just repeats what the has heard as fact.

I overestimated your intelligence. Within my previous post lies a cure for your ignorance.

Sayonara!

baby124:
Show me proof where a law school can pass laws in the Nigerian constitution. It makes no sense that in a country, a school is passing laws concurrently with those being passed in the legislative and signed in the executive. I am waiting...

Pls, stop disgracing yourself here. If you don't know something, you ask questions. That's how enlightened people behave.

The Legal Education Act wasn't passed by the Nigerian Law School. It's was enacted in 1962 before even the Law School was established. The Law School was established on the strength of the legislation contained in the Legal Education Act.

baby124:
Give the law school the right to make laws. Can you cite this act and where it exists in the Nigerian constitution. I am waiting... do you mean laws or administrative mode of conduct. The only people qualified to pass laws in Nigeria are who?

You're actually wrong.

The Legal Education Act is part of the Laws of the Federation of Nigeria (LFN). The constitution of Nigeria is also part of the LFN.

yim:
The guy is a mumu. He was busy printing shirts that the DG must go, the body of benchers invited him for a meeting on 3 occasions he didn't attend.
True, many things are not going well in law school but the way he went about it is irresponsible.
He was admitted based on conditions of good behavior cos of his antecedent in UI. Law School may consider in another 10years

Were you in his campus in the NLS and possess first hand information or you read about it like others?

beberebe:
Yoruba still producing tractors and tankers, while Igbo's are producing fighter helicopters

That's nice. Together, we can achieve great things.

uglyafonja:
Igbo's are producing fighter helicopters and very soon jets......My ewedu eating brothers are still assembling tractors

Tractors for strength of the stomach, fighter helicopters for military strength.

Okay

NwaAmaikpe:



No true lesbian has any reason to cheat with a man.

Men are scum.

Including your father.

NwaAmaikpe:


It's a shame

If Lagos will still vote for APC after seeing the mess APC has gotten this country into.

Flooded Zombieland

And we all saw how PDP turned Nigeria into heaven.

OP, don't try it. You're about making a decision you'll regret.

No matter how much iTel spends on having paid posters like the OP market its products, its inferior and ridiculous specifications would chase away the few customers iTel has.

Pearlyakin:
Alex hleb, Alex song, Alex Iwobi, Alex Sanchez, Alex Chamberlain, Alex lacazette...
If u know anyone bearing Alex, pls tell him dat Wenger is recruiting.....

Alex Ferguson.

taylor88:
see the kind money wey dis niggaz dey call

still buhari and cohorts wanna pay N30k

for person wey suffer go school plus plenty carryover and summer exams

no shaking

In Nigeria, a cinema ticket provides more guarantee than a certificate. A cinema tickets guarantees you entrance into the cinema but a certificate doesn't you a job.

Education is not a license to a comfortable life or wealth. Until you can provide value, nothing for you o! Provide value and watch how banks would be begging you to open deposit accounts with them.

Ojukwu militarized Biafra

Uwazuruike commercialized Biafra

Kanu is about making others ostracize Biafra.

Sirheny007:

Trade by barter??
come on, this is 2017

Obviously, you're not in the know-how of the Lagos property market. This is still very rampant in areas where Traditional land owners have vast portions of land.

In fact, the best deals are land deals with non-cash payments. Some use cars, others use professional services or sponsorships.

These kids no nothing as to security and privacy. Look at how this one put her details out here!

Otedola Florence
EU Passport.

These kids no nothing as to security and privacy. Look at how this one put her details out here!

Otedola Florence
Citizen of the United Kingdom

By the time open grazing is banned everywhere but the core northern states, the herdsmen would be forced to try ranching.

xcommando:
I got this new apartment in April, through a caretaker/agent, we did all necessary discussion though no any written agreement. I paid him both the rend and commission and he gave me my receipt, I move into the apartment in June. I got home last night and got information that my landlady said he has sold the house out that they need to start working on the house before August rain. So we should start preparing on how to move out.

After my findings from the person that passed the information to me I discover that she is having money issues with the caretaker because my neighbour told me that she claim not to know that they are new tenants in the house, she heard it from people that they are new tenants in the apartment which she is not aware of so i just concluded that for her not to be aware the money has not be giving to her by her caretaker.

Now, the information reaching me is that the caretaker claim he want to balance the people that pack out of the house. He said their rent did not expire before they move out.

I told my neighbour that she sent to us(me and the other guy), if she is having issues with her caretaker they should resolve it within themselves for me I no dey pack.
I need your advice on what to do

Cc Mrmcjay
Cc Tosin2much
Cc lala

Firstly, what do you want from your landlord and caretaker? Refund of monies paid, relocation to another suitable property or a longer time to enjoy the property.

If the property is in Lagos, contact the Citizens Mediation Centre. If it is in any other state, contact the Citizens Rights Department of the Ministry of Justice. There are lawyers there who would mediate on your behalf and try to settle it based on the principles of equity and justice and for free too.

I suggest you talk to the landlady and let her know that you're not against her selling the property, but it's wrong to do so with sitting tenants on the property. Tell her that you made payment to her validly appointed agent and she didn't and as at when you paid, there was no notice that the agent was no longer representing her.

Now, tell her what you want. Either a refund of your complete rent or a longer notice. Tell her you have spoken to your lawyer and they want to take the matter to court and put an injunction on the property but that you want to speak to her first and see if she's a reasonable person before you proceed.

Whatever you do, be very fair, firm and just as you'll be a landlord one day.

xcommando:
I just pack in not up to three weeks now,when I entered my apartment this evening my neighbour called me that the landlady said she has sold the house and the contractors need to come and start work before the rain get serious by August. I told him that house that paid in April and pack in June ending and u are asking me to pack out in july
When I did my findings I discover that she is having money issues with the caretaker. From information gather the caretaker is claiming he used the money to settle those that packed out of the house before their rent expires

Still thinking on what to tell her when I meet her by weekend.

Which state is the property located?
Do you have a tenancy agreement?


This your matter is interesting, don't leave it here in Page 2. I advise that you open a new thread and I'll tag the mods to push it to the FP. That way, you'll get more input.