₦airaland Forum

Hi Guys so I created a thread dedicated to jv projects and advise ,
Your wisdom is needed.

https://www.nairaland.com/3757449/need-practical-advise-starting-jv
Thank you

hotmas911:
@ Yak, we can always learn from eachother.

An example of worthy investment is cashew
plantation. Check what
4.5million will yield in 16 years on a rental
property compared to
cashew plantation in the same period
A) Building a 3-bedroom apartment in a low-
cost area
Building cost--Approx. 4.5million naira
Average yield per year---250,000naira
Time of cost recovery----16years
Returns in 16 years----1 old apartment and
4million naira
B) Investment in Cashew
Land + cultivation------Approx. 181,000 naira per
acre
i.e. 4.5million will guarantee minimum 24 acres of cashew plantation.

***Starting from the first 4months, returns will start coming in through intercropping with short term crops like grains, vegetables or some selected tuber.***

cashew itself starts fruiting in 3years
1 acre of cashew will yield average of 600kg per
acre annually i.e.
14,400kg in 24 acres
Therefore in 16 years, it will yield 14,400kg * 13
which is 187,200kg
(approx. 187tons)
At the average price of 240,000naira per ton-----
187tons in 16 years means 44,880,000naira
So tell me a rental property of 4.5million that will
yield over
44million in 16 years i.e. over 2.8million annually
as returns.

Note: This yield is aside from the short term crops of the first two years.

Nice analysis. Keep it up. You have enlightened me.

edoman2016:
Nice analysis. Keep it up. You have enlightened me.

Thank you

hotmas911:
We don't even have reasons to argue since we are all here to learn and share knowledge. If definition of terms is the problem, lets leave it aside and focus on getting returns on investment.
Our interest is in acquisition of property for maximum returns. I have a certified report I can share with you to read just to back up my claims that there are options that yield more than rental property here in Nigeria.
Since we are in Nigeria, I feel it is better to discuss solutions feasible for middle class Nigerians.
Mail me, I love to share the document with you.

please send the report to greenermodels@gmail.com.

abouzaid:
please send the report to greenermodels@gmail.com.

Please check your email. Thanks

all mails replied

@hotmas911, please also send to : ttoyety@yahoo.com. Thanks

hotmas911:
all mails replied

GENIUS18:
@hotmas911, please also send to : ttoyety@yahoo.com. Thanks

please check your email

The demand for cashew nuts is just crazy!!!!! They wont let my phone rest

be wise

shine your eyes

smiling Cashew farmers

https://www.youtube.com/watch?v=MZg6s7I5dkY