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Should I Build A House Or Relocate With 7m Naira? - Travel (7) - Nairaland

Nairaland ForumNairaland GeneralTravelShould I Build A House Or Relocate With 7m Naira? (47881 Views)

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Re: Should I Build A House Or Relocate With 7m Naira? by Rubyjade: 3:31pm On Mar 22, 2022
mirexxx:
Alright then. that's cool. but does he want to?
That's for him to know and for us to find out.
Re: Should I Build A House Or Relocate With 7m Naira? by pmc01(m): 3:31pm On Mar 22, 2022
mirexxx:
lol Egbon it's true na
as he no sabi wetin he wan carry 7m do
Abi.

But your pitch never complete na. How will you help him grow his 7m, as his wife?
Re: Should I Build A House Or Relocate With 7m Naira? by porthouse7(f): 3:31pm On Mar 22, 2022
ciciwunmi:
True, depends on your line of work.

Is 7m enough to build a house in this Nigerian economy right now?
even will 5 million u will build a decent 3 bedroom, Nigeria still remain d cheapest country in africa
Re: Should I Build A House Or Relocate With 7m Naira? by lessonotes(f): 3:33pm On Mar 22, 2022
Rubyjade:
join m y c r y p t o n y p t o n g on telegram
How do you join? I can't find the channel
Re: Should I Build A House Or Relocate With 7m Naira? by porthouse7(f): 3:33pm On Mar 22, 2022
u captured it all, like say aboard easy
shogsman:
Just know the abroad y'all are planning to run to doesn't guarantee your Success , you have 7 million you can't think of sensible way to invest in a business here and make money you want to spend the Money to get some 1 year visa to go and sell burger and pepperoni Pizza abroad.
Unless you have a surelink where you plan to relocate to ,it will end in tears.
Without confirm link you will end up in assisted living without no formal support or relief from the government because you're not a citizen,then when you do get a typical scout job In McDonalds or Target you will live from paycheck to paycheck,do that a couple of months and you will be worth $0 , but I guess growing broke and practically starving isn't that bad as long as you get to boast to your friends in naija that you're abroad,if you're lucky Maybe you'll get coupons for second hand food. Clowns
Re: Should I Build A House Or Relocate With 7m Naira? by Rubyjade: 3:33pm On Mar 22, 2022
porthouse7:
u can build house with 6million, a very decent house if u have land already
what type of house?
Re: Should I Build A House Or Relocate With 7m Naira? by WHITELIGHTER: 3:34pm On Mar 22, 2022
7m can't even get u a good bungalow....even at that, after building what next? Will the house generate revenue? People sell their houses to travel abroad.
My brother, that money is enough to leave this country and find Ur feet in EU or US or Canada....don't slack on this thought abeg..
I dey suffry dey play my rollover to gather money to take leave this country. U can be a landlord and still be suffering in Naija
Re: Should I Build A House Or Relocate With 7m Naira? by Prayfortheworld: 3:34pm On Mar 22, 2022
Westernequinox:
Buy usdt, stake it in lending, use 2mil,and exchanger pays you 23k daily, 706 monthly
How does this lending work please
Re: Should I Build A House Or Relocate With 7m Naira? by VEHINTOLAR: 3:35pm On Mar 22, 2022
Ajakaiye83:
Pls I need your advice. I am loosing it and I need your advice.

I have 7m cash at hand .should I relocate or build a house with it?
I have a land in ikorodu and ijoko axis with foundation done .

As per relocating,I dont want to go through study route.i dont think I can couple with work and schooling.

Pls advice me
I honestly don't know the kind of house you want to build with N7m ! It's way too small for a livable house project especially now that inflation is very high in the country. With that kind of money,you should be able to relocate to any country of your choice provided you've the right link.
Re: Should I Build A House Or Relocate With 7m Naira? by porthouse7(f): 3:35pm On Mar 22, 2022
Cokahot:
Building materials,tiles,pop,iron rod,7m gon do. Minus cement,accessories, lightning,gen,Windows,interior decor. 7m keh. U dey dream. Better fly out quickly
from a novice about building, with 6 million u will build a very decent 3 bedroom apartment
Re: Should I Build A House Or Relocate With 7m Naira? by pmc01(m): 3:36pm On Mar 22, 2022
porthouse7:
even will 5 million u will build a decent 3 bedroom, Nigeria still remain d cheapest country in africa
True. Nigeria is somewhat among the cheapest to live in. The annual rent you will pay in Nigeria is what you might pay for a month/two months rent here in Cameroon.
Re: Should I Build A House Or Relocate With 7m Naira? by Eastcaostboy: 3:36pm On Mar 22, 2022
Ajakaiye83:
Pls I need your advice. I am loosing it and I need your advice.

I have 7m cash at hand .should I relocate or build a house with it?
I have a land in ikorodu and ijoko axis with foundation done .

As per relocating,I dont want to go through study route.i dont think I can couple with work and schooling.

Pls advice me
Don't invest on what the money can not finish and get pindown I mean building a house. But bros, you are not a wise man o, or u are just fooling yourself here. Which advise are you asking for here, oga don't you have a mentor or an expert you know you can seek advise from than been to expose here
Re: Should I Build A House Or Relocate With 7m Naira? by Rubyjade: 3:37pm On Mar 22, 2022
lessonotes:
How do you join? I can't find the channel
Are you on telegram? The channel I mentioned, the words are all together
Re: Should I Build A House Or Relocate With 7m Naira? by Lordofalmajiri(f): 3:39pm On Mar 22, 2022
MISSCONGENIALITY:
From my experience, 7m won't build you even a bungalow to the roofing level sef. Instead of you to start what you can not finish, use the money and Travel out. You will end up frustrated if you start a building with that amount of money I'm telling you the honest truth. Except you have a place here you can borrow to complete the house and you might end up borrowing more than that 7m depending on the kind of house you want to build
Building materials are not cheap
7m can't build 3 bedroom?
Re: Should I Build A House Or Relocate With 7m Naira? by pmc01(m): 3:39pm On Mar 22, 2022
As a business oriented person, my advice will always be to grow the money steadily by putting it into a business, as long as you have an accommodation.

You can buy some additional land somewhere with 1m and leave it to appreciate in the long term. Then do business with the rest.

Even if the money is growing by just 4% monthly, it's better than starting what you can't finish.
Re: Should I Build A House Or Relocate With 7m Naira? by boladale123: 3:40pm On Mar 22, 2022
Westernequinox:
Buy usdt, stake it in lending, use 2mil,and exchanger pays you 23k daily, 706 monthly
Please is there a risk to this?
Re: Should I Build A House Or Relocate With 7m Naira? by MrBroke(m): 3:40pm On Mar 22, 2022
Start 3 different business using 5million, my suggestion a restaurant, a real estate agency, and a laundry shop, then use 1 million to buy usd in a fixed deposit account and then forget about it. Use the remainder that is a million to invest in the stock market.
Re: Should I Build A House Or Relocate With 7m Naira? by Rubyjade: 3:40pm On Mar 22, 2022
porthouse7:
even will 5 million u will build a decent 3 bedroom, Nigeria still remain d cheapest country in africa
which type of house? How is Nigeria the cheapest?
Re: Should I Build A House Or Relocate With 7m Naira? by Amsickindahead: 3:41pm On Mar 22, 2022
Rubyjade:
Are you sure? Let me the ones you have built?
it's bricks
Re: Should I Build A House Or Relocate With 7m Naira? by Berankis: 3:41pm On Mar 22, 2022
Rubyjade:
I don't get, you use 7m for foundation, is it a water log area?
The Op said foundation had already been done on the Land outside the 7m and from experience 7m can build a moderate 3bedroom bungalow.
Re: Should I Build A House Or Relocate With 7m Naira? by Rubyjade: 3:42pm On Mar 22, 2022
boladale123:
Please is there a risk to this?
Yes na
Re: Should I Build A House Or Relocate With 7m Naira? by Rubyjade: 3:42pm On Mar 22, 2022
Amsickindahead:
it's bricks
How much is the brick?
Re: Should I Build A House Or Relocate With 7m Naira? by Stevosty: 3:42pm On Mar 22, 2022
Since you already gotten land, go secure it even if you can't finish the building, while keep hustling, a year or two, you can sell the property and move out.
Re: Should I Build A House Or Relocate With 7m Naira? by MISSCONGENIALITY(f): 3:43pm On Mar 22, 2022
Lordofalmajiri:
7m can't build 3 bedroom?
I dey tell you.
It can't get a decent house but it can build a house that in few years time you will want to demolish or expand. Which is more expenses.
Re: Should I Build A House Or Relocate With 7m Naira? by MuhammadMiller: 3:43pm On Mar 22, 2022
shogsman:
Just know the abroad y'all are planning to run to doesn't guarantee your Success , you have 7 million you can't think of sensible way to invest in a business here and make money you want to spend the Money to get some 1 year visa to go and sell burger and pepperoni Pizza abroad.
Unless you have a surelink where you plan to relocate to ,it will end in tears.
Without confirm link you will end up in assisted living without no formal support or relief from the government because you're not a citizen,then when you do get a typical scout job In McDonalds or Target you will live from paycheck to paycheck,do that a couple of months and you will be worth $0 , but I guess growing broke and practically starving isn't that bad as long as you get to boast to your friends in naija that you're abroad,if you're lucky Maybe you'll get coupons for second hand food. Clowns
Are you really advicing him or you are insulting him
Re: Should I Build A House Or Relocate With 7m Naira? by akins33: 3:43pm On Mar 22, 2022
SocialJustice:
You can't build a house with N7m, get UK admission and leave. This is not a hard decision to make. Save good money abroad and you can come back to build your dream house.
fantastic response. I tell u wit 2.5M u wil get admission and pay installments later. 7m camt build u nothing.Best jus go to a school outside London,its cheaper
Re: Should I Build A House Or Relocate With 7m Naira? by porthouse7(f): 3:45pm On Mar 22, 2022
Rubyjade:
which type of house? How is Nigeria the cheapest?
3 bedroom standard, travel west Africa first u will thank for u are a Nigerian. not talking security and electricity oo
Re: Should I Build A House Or Relocate With 7m Naira? by porthouse7(f): 3:46pm On Mar 22, 2022
pmc01:
True. Nigeria is somewhat among the cheapest to live in. The annual rent you will pay in Nigeria is what you might pay for a month/two months rent here in Cameroon.
not only in Cameroon but all over d world
Re: Should I Build A House Or Relocate With 7m Naira? by porthouse7(f): 3:46pm On Mar 22, 2022
Rubyjade:
what type of house?
3 bedroom standard
Re: Should I Build A House Or Relocate With 7m Naira? by deavicky(m): 3:47pm On Mar 22, 2022
How did u make the 7m?. Why not focus on what gave u that money and forget about leaving in another man's country.
Re: Should I Build A House Or Relocate With 7m Naira? by Lordofalmajiri(f): 3:47pm On Mar 22, 2022
MISSCONGENIALITY:
I dey tell you.
It can't get a decent house but it can build a house that in few years time you will want to demolish or expand. Which is more expenses.
This country don cast o cry cry
Re: Should I Build A House Or Relocate With 7m Naira? by slimlancy88(m): 3:48pm On Mar 22, 2022
[quote author=Ajakaiye83 post=111260180]Pls I need your advice. I am loosing it and I need your advice.

I have 7m cash at hand .should I relocate or build a house with it?
I have a land in ikorodu and ijoko axis with foundation done .

As per relocating,I dont want to go through study route.i dont think I can couple with work and schooling.

Pls advice me


Please look for school in Europe or Canada without ielts exams for international students. You can’t complete a building with 7m , roofing cost of 3-4 bedroom is around 2.8m , from foundation to lintel without decking is around 2.5-3m ,iron road , cements , sands , gravel and blocks will cost you around 1.8-2.3m . Think am well bro
1 2 3 4 5 6 7 8 9 10 ... 17 Reply

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