₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,324,993 members, 8,419,845 topics. Date: Thursday, 04 June 2026 at 02:07 AM

Toggle theme

OtunbaLeXuS's Posts

Nairaland ForumOtunbaLeXuS's ProfileOtunbaLeXuS's Posts

1 2 (of 2 pages)

PropertiesRe: Roofing Sheets: The Cost Of Various Types Of Roofing Sheet In Nigeria by OtunbaLeXuS(m): 8:32pm On Feb 28, 2018
Good work there.

I learnt that this types of installation do come with rain gutter. Is it true?

What is the cost per sqm and the manufacturer?

Thanks.


money121:
Job Done!!
Another Successful Roofing Project Completed

Site Location: Elega Area Abeokuta Ogun State

Client: Nairalander

Roof Design : Metcopo Design

Colour:Traffic Black

Roof meters: 365m

Guage: 0.55mm

Customers Satisfaction is Our Watch Word!!

Kindly promote us by sharing this post. share it now!!

Call/WhatsApp 08085310359 For Your Next Roofing Project
PropertiesRe: Measurements, Supply And Installation Of Tower Aluminium Steptiles by OtunbaLeXuS(m): 7:58am On Feb 27, 2018
Good work there.

I learnt that this types of installation do come with rain gutter. Is it true?

What is the cost per sqm, the gauge and the manufacturer?

Thanks.



princealuminium:
HB Green is just perfect
PropertiesProperty Research Mistakes That Could Be Costly by OtunbaLeXuS(op): 7:34am On Feb 16, 2018
There’s no question that research is the lifeblood of a successful property investment. Without thorough property research, you’re investing blind and taking on a huge risk.

Thanks to the explosion of available information online, doing your property research these days has become so much easier. Everything is available at your fingertips.

Yet many people, even seasoned investors, can sometimes make costly mistakes when doing their research. These include:

1. Doing too little research

Cutting corners with your property research is guaranteed to get you into serious trouble. This is especially true in hot markets like Lagos and Abuja where buyers are falling over each other to nab a property.

Don’t be tempted to forgo your research just because everyone else is doing it.

No matter how “good” a property looks on the surface, you can’t and won’t know the full picture until you start digging deeper.

2. You can’t know the full picture until you start digging deeper

You need to know whether this property is a good deal or not. You can only make this call if you know all the information about this property. For example, how does it compare with those that are currently in the market or have been sold?

This quick check alone not only helps you avoid overpaying but also helps you in negotiating down the price.

You also need to establish if this type of property is in good demand for the suburb. How much will it rent for? Who will rent it? Can you offload it in a hurry in the worst case scenario? Will you be able to borrow against this property?

Failing to do all this upfront research will ultimately lead to you buying an underperforming property at best and a money-losing investment at worst.

Research doesn’t have to be a lengthy process, but you need a clear idea of what makes for a good investment property. Creating your investment criteria and going through each checklist when assessing a property will ensure you’re covering all the bases.

3. Doing too much research

The flipside of doing too little research is doing too much. Going overboard with your property research often leads to analysis paralysis where you’re unable to take action as a result. When you over-analyse each deal, you can become overwhelmed by too much information. This not only creates massive confusion but also fear that you’re making the wrong decision.

This is a scourge that afflicts not just the beginner investor, but also seasoned players. Just like doing too little research, the best way to avoid doing too much research is by creating a due diligence checklist.

This helps you look at all aspects and ensures you’re focused. This also helps you move forward with confidence.

4. Create a due diligence checklist to ensure you stay focused.

Without structured research, you could be spending too much of your time doing due diligence on a property that by the time you’re ready to buy, it’s already been snapped up by a more decisive buyer. By all means do the research, but ensure that you take action as soon as you’re satisfied with your numbers.

5. Focusing on the wrong indicators

Too much focus on some indicators such as population growth for example and not taking into account the level of supply coming into the market could lead you to buy in an under-performing area.

While population growth generally indicates housing demand, it’s not the only indicator to take into account. You need to look at the existing supply of housing too. Areas with strong population growth are heavily targeted by developers. They can sometimes overbuild then prices will drop due to oversupply.

Another data point that investors tend to focus on is the gross rental yield. But there’s also a risk of simply looking at the high rental yield without scrutinising what’s behind this big number.

Rental yield depends on the rental income and property prices, so a good investment would have a rising rental yield as a result of growing rental income and prices. But rental yields can also rise as a result of falling property value.

If you’re too focused on the high yield without looking at the price performance, you could be buying in an area where you might be getting high yield on paper, but the value of your property is falling.

6. Be prepared to put in the hours conducting your due diligence.

As you can see, there’s really no substitute for doing your research. If you want to succeed as a property investor, be prepared to put in the hours conducting your due diligence. Don’t be tempted to forgo your research, no matter how hot the market is. But at the same time, don’t waste your precious research by not doing anything about it.

Credit: http://nigeriarealestatehub.com/property-research-mistakes-costly.html/

PropertiesRe: General Topic Thread-To Discuss Anything And Everything in Building Construction by OtunbaLeXuS(m): 2:30am On Feb 09, 2018
Soakaway done by https://www.nairaland.com/abdulwastecx

https://www.nairaland.com/2354065/nairanlanders-building-project#34368855




bixton:
I am very certain this bungalow comes with a concrete fascia/parapet and that is highly not in contention.


THIS Major Argument is in Doing A SOAKAWAY....................
If there is any ENGINEER here to have done soakaway with basket/column base/column, please present your picture(s).


If it's because of me and any concerned follower that any ENGINEER here will immediately attach a basket in his SOAKAWAY design construction please I am only asking for a picture.


SOAKAWAYS are NOT bungalows.

Thank you.

PropertiesRe: General Topic Thread-To Discuss Anything And Everything in Building Construction by OtunbaLeXuS(m):
Good evening wonderful people,

Pls I need someone who is conversant with Ogun State (Ifo axis) town planning code, to tell me the minimum set back for sides of a building plan in Ogun for Town planning approvals.

Thanks.
PropertiesRe: Contact Us Today For Ur Architectural Design by OtunbaLeXuS(m): 5:44pm On Jan 30, 2018
But the standard set back for sides in Ogun is 3m for both sides.

Titustaiwo:
sure.. you can whatsapp me on :08144875523
PropertiesRe: Contact Us Today For Ur Architectural Design by OtunbaLeXuS(m): 4:26pm On Jan 30, 2018
Can this be approve on 60 by 60 land in Ogun State?

Titustaiwo:
13.725m by 11.4m
PropertiesRe: Re-modeling Of 7bedroom Old House (ogun Water Side LG) Abigi By Rotecch 77 by OtunbaLeXuS(m): 4:05pm On Jan 30, 2018
Thanks for prompt response.

If one side is lesser by 1.5m, can it be approved?

rotecch77:
Generally it's 3m side ,also 3m back, frontage 6m.
PropertiesRe: Re-modeling Of 7bedroom Old House (ogun Water Side LG) Abigi By Rotecch 77 by OtunbaLeXuS(m): 1:07pm On Jan 30, 2018
Hello Sir,

Do you know the set back for rear sides of a building plan in Ogun for Town planning approval?

Thanks.


rotecch77:
Still on
PropertiesRe: Contact Us Today For Ur Architectural Design by OtunbaLeXuS(m): 1:00pm On Jan 30, 2018
What is the external dimension of this plan?

Titustaiwo:
3bedroom flat
ante room with toilet
main sitting room
dining
kitchen and store
3bedroom all room ensuit
PropertiesRe: Architectural Design At It Best (smart Homese) by OtunbaLeXuS(m): 9:48am On Jan 22, 2018
Mail sent

SmartHomes:
Screen shot the design and send to me.... Whatsapp number 08069078294, Email smartviewsassociates@gmail.com. Thanks
PropertiesRe: Architectural Design At It Best (smart Homese) by OtunbaLeXuS(m): 8:07pm On Jan 20, 2018
And this too.

Thanks.

SmartHomes:
Three (3) bedrooms flat / one room self contained
Entrance
Visitor toilet
Lounge
Dining
Kitchen
Master bedroom -ensuit
2 bedroom
Terrace
Cross ventilated
Tel: 08086139071,08069078294- whatsapp
Email: smartviewsassociates@gmail.com
PropertiesRe: Architectural Design At It Best (smart Homese) by OtunbaLeXuS(m): 8:05pm On Jan 20, 2018
Good evening, can I have the plan of this building? diol2@yahoo.com

SmartHomes:
Three (3) bedrooms flat, All room ensuit.
Entrance
Visitor toilet
Lounge
Dining
Kitchen/store
Master bedroom -ensuit
2 bedroom
Terrace
Cross ventilated
Tel: 08086139071,08069078294- whatsapp
Email: smartviewsassociates@gmail.com
PropertiesRe: Steptiles Aluminum Supply And Installation by OtunbaLeXuS(m): 5:58pm On Dec 25, 2017
May I know its advantages over foreign coils?



princejones:
First Aluminum 0.45 is 2000 for metcoppo.All depends on your location
PropertiesRe: Steptiles Aluminum Supply And Installation by OtunbaLeXuS(m): 9:56am On Dec 24, 2017
princejones:
The job is completed as promise,you can call us now on 08037156958 for your roofing job, for your measurements, supplies and installation
What's the price per sqm and the gauge of this First aluminum metoccopo ?.

1 2 (of 2 pages)