Why Most Nigerians Run Out Of Money Halfway Through Building Their House - Properties (2) - Nairaland
Nairaland Forum › Nairaland General › Properties › Why Most Nigerians Run Out Of Money Halfway Through Building Their House (14253 Views)
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Afonja007: 12:47pm On May 12 |
Is not easy to build nowadays besides your building engineer won't tell you everything so you don't run away until you start the building ![]() |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by obitrac: 1:09pm On May 12 |
Urgent1Million:your first son need money 2 |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by yomi531(m): 1:15pm On May 12 |
Sonofgod1990:Winch😀 |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by heykims(m): 1:18pm On May 12 |
Sonofgod1990:And u don't want that same God to see Arsenal through ![]() |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Mccullum: 1:36pm On May 12 |
Very good write up, nice one from the writer. |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by professore(m): 2:07pm On May 12 |
Nice |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by femi4: 2:12pm On May 12 |
Its inflation not their fault How can you start a foundation when cement was 3k n now doing finishing when it is 13k |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by gtassure: 2:17pm On May 12 |
HacheNoire:I agree with you. It's a liability, but just for ten years. It becomes an asset afterthat@ |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Urgent1Million: 2:25pm On May 12 |
obitrac:🤣🤣🤣 Yes, he does. But so far, I haven't had any doubt about his purchase. |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Win12345: 2:31pm On May 12 |
You tear has now began Arsenal 4 0 Butnley EPL will be won officially next monday Sonofgod1990: |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by ELKHALIFAISIS(m): 2:35pm On May 12 |
Nigeria is only country their government don't help to build, as emirati here are your benefits 1 free land for all Emirati 2 1m USD no interest loan to build house 3 1m dirham as married gift 4 free hospital and surgery of any kind 5 salary not less than 15,000 dirham 6 Free education to master degree, if you are brilliant, they sponsored you abroad for master 7 accessible to no interest loan of 1m USD Etc Just tell me one thing we are benefiting as Nigerians |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by RealityKings1: 2:36pm On May 12 |
Sonofgod1990:Wow wow wow congratulations sir. What is the name of your hotel |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Sonofgod1990(m): 2:39pm On May 12 |
RealityKings1:King David Lodge and suite |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by HacheNoire: 2:50pm On May 12 |
gtassure:Except one is building a hut. Which house would one build and recoup cost and maintenance in 10 years? |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Bluearrow: 3:10pm On May 12 |
Sonofgod1990:Hotel is such a big project At a point u will keep questioning yourself why u started in the first place. Building a house can be very draining. |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by NovusHomo(m): 3:13pm On May 12 |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Naxtrad(m): 3:22pm On May 12 |
I did such mistake by building a 4bedroom duplex in front and at the back a 2bedroom upstairs and a big sitting room and a room downstairs(For rent). Business became slow because of increase in fuel so I moved into the 4bedroom duplex(80 percent completion: painting and water tank stand plus soakaway are what's left ). I should have diverted the money I used for the 2 and 1 bedroom at the back into another business by now I won't be struggling with funds. |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Josywhyte: 3:36pm On May 12 |
I hate number 3 with passion |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Bluearrow: 3:44pm On May 12 |
Naxtrad:Chai it was a big mistake It is always advisable not to spread hand on more than one project at a go, it is better to complete one, observe your finance before starting another one. Building a house in this country is capable of reducing one to nothing. You will deplete all your savings & the house will still be far from completion. At a point u will start envying people living in rent, because house project will almost take away your peace of mind. |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by IDERAWOLE(m): 3:57pm On May 12 |
Sonofgod1990:What has Arsenal got to do with your uncompleted house? |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Sonofgod1990(m): 3:59pm On May 12 |
IDERAWOLE:The house is complete now. I'm just happy because arsenal will not carry any cup |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by 10kgod(m): 4:11pm On May 12 |
ELKHALIFAISIS:Insecurities left and right |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by 3kay945(m): 4:23pm On May 12 |
Dogalmighty17:Who dey leave machine inside borehole when they are not ready to pack in? Na learner be that. It is a pity though. I have seen also where those aboki went into someone abandoned property and broke the linted to remove the iron inside. Isnt that evil?! |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by 3kay945(m): 4:33pm On May 12 |
Telltruth123:So sorry to hear this. But you have to try and get things done cos the price are shooting up everytime. Dig well if borehole is expensive then. If the amout said for borehole is correct then water isn't far from you. |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Farmsolution: 5:19pm On May 12 |
The only issue I see is leaving the sincere professionals who wants to earn decently and patronizing the family , brother construction supervision team.. all of hem are wack. They will fleet you down to your pant and we will continue to look away. |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Telltruth123: 5:32pm On May 12 |
3kay945:Thank you very much, we tried to do well, they told us that there is rock underneath that is why we didn't see well in our area. For the price of the borehole, some charge N700,000 but the cheapest is N300,000. People are not ready to give water, no government water and nobody is selling water we beg to get buckets of water. There was a day we bought 3 litres of fuel and gave our neighbor to put in their generator so that we can fetch one drum of water, they returned the fuel and gave us 3 buckets of water and lock their tap. Haa, water is very important, if my neighbors are pumping their water and is wasting away, I always feel bad honestly. |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Burob: 5:34pm On May 12 |
ogolemati:Mention the names again, make the people know who dey frighten u, Mr emoji laughing man, mention their names again? |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by Cousin9999: 5:36pm On May 12 |
Seems like poor planning. Also, it seems like some people want to build a palace instead of a home. Some estimates are that you can build a decent bungalow for ₦12-20M. |
| Re: Why Most Nigerians Run Out Of Money Halfway Through Building Their House by 3kay945(m): 5:52pm On May 12 |
Telltruth123:The Lord is your strength 💪 |
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