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How Much Was In Your Account When You Started Your Building Project? - Properties (8) - Nairaland

Nairaland ForumNairaland GeneralPropertiesHow Much Was In Your Account When You Started Your Building Project? (29879 Views)

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Re: How Much Was In Your Account When You Started Your Building Project? by Perfecttouchade: 9:52pm On Apr 14, 2022
Let's fix your Aluminium windows with lovely designs...just reach out to us via WhatsApp and u can check out our threads that showcase our works . Thanks

Re: How Much Was In Your Account When You Started Your Building Project? by Kakamorufu(m): 9:56pm On Apr 14, 2022
Well, i would have started something on my land. But right now, i am at loggerhead with the seller cos he has refused to issue receipt for me since 2020, i have done all what's within my power, but the receipt is still not been issued.
I've fenced the land round though and am monitoring the site incase they want to act funny I'll just do the last thing in my mind for them.
They won't see it coming angry
Re: How Much Was In Your Account When You Started Your Building Project? by ambr055i: 10:56pm On Apr 14, 2022
Ashirioluwa:
I don’t know the cost now because mine is over 10 years
Oh, that was a long time.
Re: How Much Was In Your Account When You Started Your Building Project? by AwesomeGod10(m): 11:06pm On Apr 14, 2022
Man never really chop belleful, where person wan see money build house, a whole house cry embarassed

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?
Re: How Much Was In Your Account When You Started Your Building Project? by tonididdy(m): 11:30pm On Apr 14, 2022
Kakamorufu:
Well, i would have started something on my land. But right now, i am at loggerhead with the seller cos he has refused to issue receipt for me since 2020, i have done all what's within my power, but the receipt is still not been issued.
I've fenced the land round though and am monitoring the site incase they want to act funny I'll just do the last thing in my mind for them.
They won't see it coming angry
What recipts?
The land documents?
Why would you pay for a land you haven't seen and signed documents.
Pls clarify
Re: How Much Was In Your Account When You Started Your Building Project? by tonididdy(m): 11:43pm On Apr 14, 2022
aribisala0:
The more I owe the sounder I sleep.
My creditors got my back with their prayers. They are praying for me so I can pay them back
Just make sure you are owing something worthwhile

It is when you are owing 5000 Naira that your creditor would hold your shirt and make noise outside your house

When you owe 50 billion they would write you a letter

Dear Sir
Sorry to disturb you but can we meet to discuss please...........
You are a joker
You have no idea what you saying!
Re: How Much Was In Your Account When You Started Your Building Project? by tonididdy(m): 11:47pm On Apr 14, 2022
Relixy2k:
It will be enough. 700k. You buy a truckload of granite, a truck load of sharp sand, 400 to 500 blocks, 25 bags of cement, digging and labour should not exceed 90k, iron rod to do the at least four pillars and payment for iron rod bender should take 60k at most etc. 700k will make it. It won't cover german floor or filling of the foundation as that can be done later.
To avoid cracks in my own opinion
Immediately after the foundation, fill and do German flooring immediately before laying the walls.

This is very crack-proof
Re: How Much Was In Your Account When You Started Your Building Project? by aribisala0(m): 11:58pm On Apr 14, 2022
tonididdy:
You are a joker
You have no idea what you saying!
You are a fool
Re: How Much Was In Your Account When You Started Your Building Project? by mapet: 12:11am On Apr 15, 2022
That was what we did. We couldn'teven complete the fence then, so a big part of the fence was wooden... but we hustled on

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
Re: How Much Was In Your Account When You Started Your Building Project? by AbundantGrains:
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.
Re: How Much Was In Your Account When You Started Your Building Project? by Matooosa222: 8:06am On Apr 15, 2022
I pity those hustler which believes that drinks money is not meant to build house, let wise up by now if you are waiting until you gather money before starting a project you are wrong, I know a person when he acquired his land like play like play e don complete the house now,
Re: How Much Was In Your Account When You Started Your Building Project? by Kakamorufu(m): 8:56am On Apr 15, 2022
tonididdy:
What recipts?
The land documents?
Why would you pay for a land you haven't seen and signed documents.
Pls clarify
Am talking of the land purchase receipt
Re: How Much Was In Your Account When You Started Your Building Project? by MissionaryArchi(m): 10:18am On Apr 15, 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.

__________

Here’s construction diary of a man who self-build his house in 6 months: https://www.kobocity.com/d/80-first-time-owner-builder/344
Kaii I love that your Mom. See how she helped you conquered your fear.
Love that statement "you start by starting" please greet her for us
Re: How Much Was In Your Account When You Started Your Building Project? by MissionaryArchi(m): 12:41pm On Apr 15, 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.

__________

Here’s construction diary of a man who self-build his house in 6 months: https://www.kobocity.com/d/80-first-time-owner-builder/344
Hmmm someone as you who has handled multimillion naira contract couldn't build an ordinary bungalow due to lack of funds? Are you sure something isn't wrong somewhere, Moreover what year was this that 70k could get you 500 pieces of block and 10 bags of Cement
Re: How Much Was In Your Account When You Started Your Building Project? by n3xt(m): 1:28pm On Apr 15, 2022
MissionaryArchi:
Hmmm someone as you who has handled multimillion naira contract couldn't build an ordinary bungalow due to lack of funds? Are you sure something isn't wrong somewhere, Moreover what year was this that 70k could get you 500 pieces of block and 10 bags of Cement
Smiles! I wasn’t building ordinary bungalow. It was a countryhome.

In 2011, 9inches block is sold between N100 - N130 in many of the south west states. We also get cement between N1600 - N1800

I can’t remember how she did it then but I’m assuming she added some money to the 70k.
Re: How Much Was In Your Account When You Started Your Building Project? by Meteng: 2:33pm On Apr 15, 2022
Cashio:
yes i did the design. I am an architect.
That's a good start. I never knew you had a drawing already. But since you have a design already, the best thing is to employ the services of a professional to estimate the cost of materials and labour required to finish the foundation, the next stage is foundation to lintel level, the next is final block levelling. After that, the roof and finishings.
Having those information i stated above will aid in your planning so you don't just lay 50 blocks inside the foundation and eventually you discover that the project is beyond your capacity at this time. Mist times, that is why you see so many people start up building projects and end up not finishing it.
In some cases, most if those projects even end up swallowing the owner's means of livelihood and they end up struggling to survive.
It is always good to have an idea of what your budget should be like so you can evaluate the possibility of meeting up with such budget over a specific period of time so you don't end up wasting money to start what you cannot finish in years.
You may want to start a duplex, where as your income only permits a bungalow. Or you may want to start a 5 bedroom bungalow where by your income can only accommodate a 2 bedroom bungalow without affecting your pocket badly.
Excellent. Na like 2 bedroom I wan arrange o. Na there my power reach cheesy I love that design, if I had seen it earlier, I would have gone for it
Re: How Much Was In Your Account When You Started Your Building Project? by Cashio(m): 2:38pm On Apr 15, 2022
Meteng:
Excellent. Na like 2 bedroom I wan arrange o. Na there my power reach cheesy I love that design, if I had seen it earlier, I would have gone for it
2 bedroom is fine. I wish you the best
Re: How Much Was In Your Account When You Started Your Building Project? by Meteng: 3:00pm On Apr 15, 2022
Cashio:
2 bedroom is fine. I wish you the best

Re: How Much Was In Your Account When You Started Your Building Project? by Sankabson(m): 11:05pm On Apr 15, 2022
This is an interesting thread. Started my last week Wednesday. I didn't plan of buying the land, i wanted to change my car to something higher. grin

Suddenly, i received a letter from my landlord, my rent has been increased and it didn't worth it all. And i dont want to start hustling for another house to rent , i dont even have energy for that again. Still have few months to left on my rent, wanna try a finish up a little.

Back to the topic, after paying for the land, what I have left is less than a Mill. But sha, we keep pushing. God knows best!
Re: How Much Was In Your Account When You Started Your Building Project? by sliksusan: 11:43pm On Apr 15, 2022
Sankabson:
This is an interesting thread. Started my last week Wednesday. I didn't plan of buying the land, i wanted to change my car to something higher. grin

Suddenly, i received a letter from my landlord, my rent has been increased and it didn't worth it all. And i dont want to start hustling for another house to rent , i dont even have energy for that again. Still have few months to left on my rent, wanna try a finish up a little.

Back to the topic, after paying for the land, what I have left is less than a Mill. But sha, we keep pushing. God knows best!
after you buy land the remain money try to spend on the land started to pushing it before you go know everything is done as you started this how God will finished it for you
Re: How Much Was In Your Account When You Started Your Building Project? by Karlifate: 8:54am On Apr 16, 2022
MrDraey:
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
Did you have a land before?

Or

You bought it from that 1M?
Re: How Much Was In Your Account When You Started Your Building Project? by n3xt(m): 9:11am On Apr 16, 2022
MrDraey:
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
Congratulations to you in advance.
Re: How Much Was In Your Account When You Started Your Building Project? by MrDraey(m): 2:28am On Apr 17, 2022
Yes, there was a land before, bought it since 2016
Karlifate:
Did you have a land before?

Or

You bought it from that 1M?
Re: How Much Was In Your Account When You Started Your Building Project? by Karlifate: 6:25am On Apr 17, 2022
MrDraey:
Yes, there was a land before, bought it since 2016
OK
Re: How Much Was In Your Account When You Started Your Building Project? by Erums(m): 9:29pm On Apr 25, 2022
donforeign:
house matter too hard . i bought land 1.2, was having 800k left, i used dt for foundatn n co.

na money for gate, flooring , wiring, and borehole stand i dey find like this,,,,
everyother things dn dey d house including tiles, doors, pop, toilet ,shower, heater,.. d house too big self, for just do small 3 bedroom..
am tired mhenn
Wetin u do
Re: How Much Was In Your Account When You Started Your Building Project? by Erums(m): 9:31pm On Apr 25, 2022
Americafighter:
I have 6million plus
Started 1&half month ago almost done now
With 6m
? Wetin u dey build?
Re: How Much Was In Your Account When You Started Your Building Project? by Erums(m): 10:00pm On Apr 25, 2022
tonididdy:
Honestly about 3.5 but I wasn't eager about a house, I need a new car.
So I got a new car instead and spent the remaining 500,000 on blocks.
Next year I finished the crib and my family moved in.

My only rEgret:
I should never have included rental apartments in my property. angry



NOW I NEED ANOTHER HOUSE!
Why do u regret it... Cos I did same.. Though just one 2bedroom flat
Re: How Much Was In Your Account When You Started Your Building Project? by tonididdy(m): 10:25pm On Apr 25, 2022
Erums:
Why do u regret it... Cos I did same.. Though just one 2bedroom flat
The privacy... That's all
Re: How Much Was In Your Account When You Started Your Building Project? by donforeign: 9:42am On Apr 26, 2022
Erums:
Wetin u do
I do 3flats...

Flat one na 3 bedroom,
Flat two na 2 bedroom
3rd flat na one bedroom..
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