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How Much Was In Your Account When You Started Your Building Project? - Properties (4) - Nairaland

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Re: How Much Was In Your Account When You Started Your Building Project? by Saved247: 1:33pm On Apr 14, 2022
I have been on this Platform since 2016 without registering just reading for knowledge and fun. But this particular write-up made me a member of this forum. YOUR MOTHER IS REASONABLE AND LOVE-FILLED. One luxury i haven't enjoyed is having/lived-with physical parents since i was 6months, both are alive though.

I do not really have much in my account when I started building. I was waiting till I muster enough fund to take the house to an appreciable level at once.

My mum asked me to borrow her N70k for her business and I did. The next thing she called to follow her to the site and I found out she has already gotten 500 pcs of blocks and 10 bags of cement. That was how we started.

She told me “You start by starting. Do all you can before your children start growing.” 1 started a year into my marriage and moved-in the next year.

I was considering starting when I have about 50% of the required fund. [/quote]

6 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by EgunMogaji2: 1:33pm On Apr 14, 2022
donforeign:
be like i go do this ur pattern....
my house na 3 flats, the first side is 3 bedroom flt, the 2nd part is 2bedroom flat and the last is self contain......
i go move enter d self con hustle complete d rest
it’s the way to go if you’re on a budget, self imposed or otherwise.

Bought my land in 2016 I think, moved into the bq in 2018 and finally the main house in 2022.

Run your own race.

6 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by SocialJustice: 1:34pm On Apr 14, 2022
Godisgreatest1:
Dont believe every post you see up there, some of them haven't started anything, but they are always in a hurry to comment.
Make your contribution or keep quiet.
Re: How Much Was In Your Account When You Started Your Building Project? by MrDraey(m): 1:34pm On Apr 14, 2022
Started my building last year May, today by the grace of God it's 80% complete (windows installed, plaster done, security doors installed). I hope to celebrate Christmas in there.

Started with 1m

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Re: How Much Was In Your Account When You Started Your Building Project? by donforeign: 1:34pm On Apr 14, 2022
Winters23:


This is one of the reason many are poor in this country...

Once they make their first money they buy land in a forest and start what they can't finish.

Money they could have grown gets buried in the ground just to belong to the "I dey build house" crew.

When I made my first millions many years ago all the advisers came out in their numbers telling me to buy land and start building, but I know that's not what I should do.

I ignored the bandwagon and kept working hard until I made my first billion naira.

I didn't have to buy any land to build, I went to the best estates in lekki and bought the best houses and I do whatever I want.

If you like tie your little capital down inside the ground and keep blaming the government for all your shortcomings in the future.


i was having about 5000usd but i wanted to travel out but dnt have the right means or agent to do it, so for fear of losing money, i started building but deep down, it is not what i want but instead of using d money lavishly or doing what i dnt like, i used it for building and it has not been easy o..d house is almost completed, just few tins remain but will consume abt 3-4mil but tins are hard . i still need link to move to australia if need be, d life is abt working smart n having d right people around... u ve done well

4 Likes 1 Share

Re: How Much Was In Your Account When You Started Your Building Project? by Benbelor(m): 1:36pm On Apr 14, 2022
Nigeria has baje
Re: How Much Was In Your Account When You Started Your Building Project? by figure007(m): 1:37pm On Apr 14, 2022
n3xt:


I do not really have much in my account when I started building. I was waiting till I muster enough fund to take the house to an appreciable level at once.

My mum asked me to borrow her N70k for her business and I did. The next thing she called to follow her to the site and I found out she has already gotten 500 pcs of blocks and 10 bags of cement. That was how we started.

She told me “You start by starting. Do all you can before your children start growing.” 1 started a year into my marriage and moved-in the next year.

I was considering starting when I have about 50% of the required fund.
your mum is a good mum same as mine ... So also dad... They pushed me to start something before marriage and it worked ... Hmmmm house building is just with the help of God if not,it's not easy

8 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by EgunMogaji2: 1:38pm On Apr 14, 2022
zeenaman:
Is there a specific amount one must possess before initiating a building project given that one has a land already? Or is building something one can start small?

A very intelligent post.

There’s no set amount to have on hand and it depends on individual situation.

The first step is to purchase land.

You’ll figure out a way to continue just don’t compare yourself to others.

8 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by PHIPEX(m): 1:38pm On Apr 14, 2022
Less than 1million. Just enough for foundation blocks. Thanks to Nairaland property section

The more you wait, the more building materials increase and the little you have lose value.

6 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by donforeign: 1:38pm On Apr 14, 2022
EgunMogaji2:
it’s the way to go if you’re on a budget, self imposed or otherwise.

Bought my land in 2016 I think, moved into the bq in 2018 and finally the main house in 2022.

Run your own race.

congratulations bro..
how many flats ur house be?
u re right baba, am looking for way to jakpa to australia, i never see any link yet..
na just dt tins for house too cost now....

1 Like

Re: How Much Was In Your Account When You Started Your Building Project? by grafixdon: 1:39pm On Apr 14, 2022
1st house.... 620,000... Land 320,000 blocks 300k (2016)
2nd house... 3.8m...(2019) Land 2.2m remaining amount for blocks, omonile, foundation etc.. One almost finished

1 Like

Re: How Much Was In Your Account When You Started Your Building Project? by CzarChris(m): 1:40pm On Apr 14, 2022
Teaser4:
2k
My Man grin

1 Like

Re: How Much Was In Your Account When You Started Your Building Project? by DAENNINGA(m): 1:40pm On Apr 14, 2022
n3xt:


I do not really have much in my account when I started building. I was waiting till I muster enough fund to take the house to an appreciable level at once.

My mum asked me to borrow her N70k for her business and I did. The next thing she called to follow her to the site and I found out she has already gotten 500 pcs of blocks and 10 bags of cement. That was how we started.

She told me “You start by starting. Do all you can before your children start growing.” 1 started a year into my marriage and moved-in the next year.

I was considering starting when I have about 50% of the required fund.

My brother, this your story.

1 Like

Re: How Much Was In Your Account When You Started Your Building Project? by aribisala0(m): 1:40pm On Apr 14, 2022
Rich people who are truly rich never have money in their accounts. They tend to use other people's money.

If you measure your worth b sady what is in your account you are just starting

Rather ask

What is the maximum I can borrow today ? That should tell you what you are really worth
If you are on your sick bed and are owing 10 Billion Not only your family will pray for your recovery but if you have 10 billion in your account your family might not pray for you to recover.

Debt is very good . IF YOU QUALIFY to get it.
Re: How Much Was In Your Account When You Started Your Building Project? by ozegidon(m): 1:41pm On Apr 14, 2022
Lexusgs430:
No money to buy land, not to talk of building house ...... cheesy
Don't worry, is well...one day, u will be a landlord if u so desired....keep on keeping on!!! Every hustler has a pay day......
Re: How Much Was In Your Account When You Started Your Building Project? by frankson1(m): 1:41pm On Apr 14, 2022
n3xt:


I do not really have much in my account when I started building. I was waiting till I muster enough fund to take the house to an appreciable level at once.
[b]
My mum asked me to borrow her N70k for her business and I did. The next thing she called to follow her to the site and I found out she has already gotten 500 pcs of blocks and 10 bags of cement. That was how we started.

She told me “You start by starting. [/b]Do all you can before your children start growing.” 1 started a year into my marriage and moved-in the next year.

I was considering starting when I have about 50% of the required fund.





You have an amazing Mom. In as much as your wife is your wife, don't let her come in between you and your Mom. And please don't get me wrong, I'm not saying your wife isn't a good person.



I haven't started my building project yet because I want to raise it to a certain level at once.

4 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by seanwilliam(m): 1:43pm On Apr 14, 2022
If you’ve got land, you can start with any amount . Depends on the kind of house you want to build. And good thing about it is that once you start , your mind will be there, you won’t spend unnecessarily again , go Dey fill like make u don complete am sharp sharp ..



My advise to guys not making big money ,


Buy land, and starts buying the materials needed as the money dey enter small. If you’re waiting to get it done once , well , No be every wish Dey come through o,
I actually plan to build and live in estate but my power never reach grin

5 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by EgunMogaji2: 1:44pm On Apr 14, 2022
donforeign:


congratulations bro..
how many flats ur house be?
u re right baba, am looking for way to jakpa to australia, i never see any link yet..
na just dt tins for house too cost now....

Instead of going to Australia why not go into tech here instead? Go to coding school and have Australia and the rest of the world come to you in obodo Nigeria? I went to the USA but we didn’t have these opportunities then. I never even saw a computer in my life before I went to the USA.

My house is a personal residence not a rental.

7 Likes 2 Shares

Re: How Much Was In Your Account When You Started Your Building Project? by Jsucre(m): 1:45pm On Apr 14, 2022
150k in the space of 14 months I moved in. Na God knw how He do am. Is beyond my human comprehension

4 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by TheLoneCitizen(m): 1:49pm On Apr 14, 2022
n3xt:


I do not really have much in my account when I started building. I was waiting till I muster enough fund to take the house to an appreciable level at once.

My mum asked me to borrow her N70k for her business and I did. The next thing she called to follow her to the site and I found out she has already gotten 500 pcs of blocks and 10 bags of cement. That was how we started.

She told me “You start by starting. Do all you can before your children start growing.” 1 started a year into my marriage and moved-in the next year.

I was considering starting when I have about 50% of the required fund.

A true mother.

2 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by Carmal90(m): 1:52pm On Apr 14, 2022
EgunMogaji2:


Instead of going to Australia why not go into tech here instead? Go to coding school and have Australia and the rest of the world come to you in obodo Nigeria? I went to the USA but we didn’t have these opportunities then. I never even saw a computer in my life before I went to the USA.

My house is a personal residence not a rental.

This is what I want to do .
Started my tech journey and I am giving myself till December at most (insha'Allah) to start making money from it .

4 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by grafixdon: 1:56pm On Apr 14, 2022
ozegidon:
Don't worry, is well...one day, u will be a landlord if u so desired....keep on keeping on!!! Every hustler has a pay day......

LOL. That guy is rich

1 Like

Re: How Much Was In Your Account When You Started Your Building Project? by EgunMogaji2: 1:57pm On Apr 14, 2022
Carmal90:


This is what I want to do .
Started my tech journey and I am giving myself till December at most (insha'Allah) to start making money from it .

There’s really no need for most educationally minded people to travel abroad.

Microsoft, Google, Oracle, Facebook, Twitter are all here now with billons in investment.

Some will call me enemy of progress. But issokkay.

4 Likes 1 Share

Re: How Much Was In Your Account When You Started Your Building Project? by donforeign: 1:57pm On Apr 14, 2022
EgunMogaji2:


Instead of going to Australia why not go into tech here instead? Go to coding school and have Australia and the rest of the world come to you in obodo Nigeria? I went to the USA but we didn’t have these opportunities then. I never even saw a computer in my life before I went to the USA.

My house is a personal residence not a rental.
thanks for the advice, i am in edo state but i don't know of any coding school here, i would love to go and learn. the thing is i will still love to travel to australia because i am tired of nigeria, wont lie. i dnt have any agent that can help, i would have started d process. well, i can still learn the coding and put it into work anywhere. i built my house like that because it is my first house and i wont stay there, i already have a plan of my permanent house lol because i dnt like rentals, d house is just for a start before God open more doors of opportunities. Your house is massive o, u have warehouse or something lol, mheen, wow , congratulations big man. i will try to attach a pic of mine

5 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by diddy25(m): 1:57pm On Apr 14, 2022
Man still Dey look how e go begin ni oo. Land don Dey tie down last year.
Re: How Much Was In Your Account When You Started Your Building Project? by akinlolumichael(m): 1:57pm On Apr 14, 2022
I started with 435k around September 2021. I'm still working on the project till date

3 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by Carmal90(m): 2:00pm On Apr 14, 2022
EgunMogaji2:


There’s really no need for most educationally minded people to travel abroad.

Microsoft, Google, Oracle, Facebook, Twitter are all here now with billons in investment.

Some will call me enemy of progress. But issokkay.

I will send a message on WhatsApp now sir.

1 Like

Re: How Much Was In Your Account When You Started Your Building Project? by GreenArrow1(m): 2:01pm On Apr 14, 2022
I had less than a million naira when I started. Almost done.

Truth is, once you begin, there's really not much that can distract you. Any 50k or 100k that comes into your coffers, you'll feel the burning desire to channel that money into the project.
I've spent over 6 million naira now to get to finishing stage and I still don't remember a time when I put in more than 700k lump sum at once.

7 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by EgunMogaji2: 2:05pm On Apr 14, 2022
Carmal90:


I will send a message on WhatsApp now sir.

That line is for business only and we should discuss here so others can learn.

Thanks.
Re: How Much Was In Your Account When You Started Your Building Project? by Jollos(m): 2:06pm On Apr 14, 2022
zeenaman:
Is there a specific amount one must possess before initiating a building project given that one has a land already? Or is building something one can start small?

Slow and steady win the race in my own case. I can't remember the specific amount in my account, but just the zeal of having a roof on my head motivated me.

It took me 7 years to complete my house.
I bought my land in 2011 and move in around 2018.

6 Likes

Re: How Much Was In Your Account When You Started Your Building Project? by Carmal90(m): 2:07pm On Apr 14, 2022
EgunMogaji2:


That line is for business only and we should discuss here so others can learn.

Thanks.


What area of tech would you suggest one can go to?

I am already on a fronted development stack.

Thanks sir

3 Likes

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