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Nairaland Forum / Nairaland / General / Properties / Rent Payment: Monthly Vs Yearly (22886 Views)
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Re: Rent Payment: Monthly Vs Yearly by BAVOSKI(m): 1:30pm On Jan 22, 2020 |
Once you're in to well Pay Job ..... Monthly would have Been Better.....But once you are still try to survive with your little salary or income,I will go for 6 months 1 Like |
Re: Rent Payment: Monthly Vs Yearly by OsmanTolu: 1:31pm On Jan 22, 2020 |
[s] post=86015150:[/s] 1 Like |
Re: Rent Payment: Monthly Vs Yearly by Nobody: 1:31pm On Jan 22, 2020 |
In Nigeria, Monthly rent would have been the best. This will make everyone, especially the youths to sit up and work to earn a living, instead of being online trolling people and commenting on every nonsense Tunde Ednut posts. The thought of being homeless at the end of the month will make Nigerians work hard or become creative to earn a living. 11 Likes 2 Shares |
Re: Rent Payment: Monthly Vs Yearly by carpenter(m): 1:31pm On Jan 22, 2020 |
As a Renter, I would prefer to pay monthly. As a Landlord, I would prefer to receive yearly (of course at the beginning of the year) It all boils down to the time value of money for me. 1 Like |
Re: Rent Payment: Monthly Vs Yearly by Instinct40: 1:32pm On Jan 22, 2020 |
Olhomes: Monthly oooo |
Re: Rent Payment: Monthly Vs Yearly by praisewhiteman(m): 1:32pm On Jan 22, 2020 |
yearly is the best in other toavoid satan and landlord pallava |
Re: Rent Payment: Monthly Vs Yearly by Originalsly: 1:33pm On Jan 22, 2020 |
Landlord.... yearly.... one time confrontation for payment or kick out tenant. Tenant... monthly.... easier to find the monthly rent than the yearly one... but stress every month end.... and more stress if salary not paid on time... or not at all... homelessness be staring you in the face. 2 Likes |
Re: Rent Payment: Monthly Vs Yearly by hotdealz(m): 1:33pm On Jan 22, 2020 |
You can actually fetch some profit with the money within a year. |
Re: Rent Payment: Monthly Vs Yearly by Samietbig: 1:33pm On Jan 22, 2020 |
I think monthly is better or quaterly. In that way you can easily put rent money aside for the next month(s) My opinion sha |
Re: Rent Payment: Monthly Vs Yearly by Keemsleek005(m): 1:33pm On Jan 22, 2020 |
DRSEGUNBABA: Since you are a landlord pls let me ask you some questions? What is the agreement fee all about? Why will a landlord demand 150k for agreement fee and 70k for caution fee? Excluding agent fee. 5 Likes |
Re: Rent Payment: Monthly Vs Yearly by omoharry(f): 1:35pm On Jan 22, 2020 |
I support rent on a Yearly basis..what if you are on a monthly rental plan and suddenly you lost your job after paying for your last month rent..what will happen to you since you know you do not have money anymore to pay for the rest of your stay.But with a one year rent, you will have more months to stay without wahala from your landlord pending when you search for another job before the rent expires. 6 Likes 1 Share |
Re: Rent Payment: Monthly Vs Yearly by 9gel(m): 1:35pm On Jan 22, 2020 |
Monthly - Every one would own a house, Every month you'll see people parking out, Every month landlord and tenant dey argue. Many more. Monthly is just stressful.. |
Re: Rent Payment: Monthly Vs Yearly by Nobody: 1:36pm On Jan 22, 2020 |
I’m in need of a neat mini flat for a monthly rent. Lagos state. Anyone with useful information should quote me. |
Re: Rent Payment: Monthly Vs Yearly by DexterousOne(m): 1:39pm On Jan 22, 2020 |
dawnomike: That is one PROBLEM Nigerians are peculiar people |
Re: Rent Payment: Monthly Vs Yearly by osazsky(m): 1:39pm On Jan 22, 2020 |
Abeg which state una dey.? Them still they pay monthly rent? Na Osusu contribution na wah o |
Re: Rent Payment: Monthly Vs Yearly by DexterousOne(m): 1:40pm On Jan 22, 2020 |
Mrquincy: Another interesting angle to the argument 1 Like |
Re: Rent Payment: Monthly Vs Yearly by Malcolm123: 1:41pm On Jan 22, 2020 |
it depends o ...yearly is way cheaper than monthly or quarterly for countries lyk Cote d voire ,Togo etc dat use monthly ....it is not strange to be paying 20_50k a month so by the tym u multiply am by 12 u will realize dat you are paying triple compare to wat we have in Nigeria for example a room in Lagos for low cost mainland e.g bariga,onipanu etc u can see a room for 60k (excluding agent fee) ...dat is about 5k per month ...even for island if you are paying 400k yearly dat is about 30k monthly ...buh if na abijan u go dey hear 70-90 per month 4 Likes |
Re: Rent Payment: Monthly Vs Yearly by Tonyblinky(m): 1:43pm On Jan 22, 2020 |
what concerns that mad president with this topic... nonsense and ingredients. post=86015150: |
Re: Rent Payment: Monthly Vs Yearly by Samadict(f): 1:47pm On Jan 22, 2020 |
Yearly but agreement, commission and caution fees should be out of it. Just check the apartment, sign whatever document you need to sign and pay for ONE year. Not one/two years rent with commission, agreement and caution. |
Re: Rent Payment: Monthly Vs Yearly by Sidneyjack: 1:49pm On Jan 22, 2020 |
Olhomes:Yearly is better if only agents and agreement fees are removed |
Re: Rent Payment: Monthly Vs Yearly by pavoda: 1:53pm On Jan 22, 2020 |
The Only way Monthly payments can be effectively implemented in Nigeria is if our court systems improve, so that Once contracts are broken action could be taken quickly and tenants evicted sharply.. its almost impossible any other way. |
Re: Rent Payment: Monthly Vs Yearly by Gudlite: 1:54pm On Jan 22, 2020 |
The rent would have been Monthly but open to people that want to pay in advance like 3months, 6 months or Yearly, To enable people afford an apartment in Nigeria. Some Landlords can't even accept 6months even to an Old tenant |
Re: Rent Payment: Monthly Vs Yearly by Nobody: 1:54pm On Jan 22, 2020 |
post=86015150:Bro how far? BBQ'd chicken dey? Quick suggestions...Why not put up your price list and how people can reach you on here. I think a lot of us here would like to order from you. Unless it's Audio things we will totally understand. 1 Like |
Re: Rent Payment: Monthly Vs Yearly by philip0906(m): 1:54pm On Jan 22, 2020 |
DRSEGUNBABA:Please answer this question; Keemsleek005: |
Re: Rent Payment: Monthly Vs Yearly by AfonjaBoston: 1:55pm On Jan 22, 2020 |
None at all Free housing |
Re: Rent Payment: Monthly Vs Yearly by pavoda: 1:56pm On Jan 22, 2020 |
Monthly payment doesn’t stop you from paying for the whole year, if you are interested in that omoharry: |
Re: Rent Payment: Monthly Vs Yearly by bmdmixer: 1:56pm On Jan 22, 2020 |
Catchfirez:dos will monthly salary yes dos on daily bread of i hopee biz pickup will have heart attack |
Re: Rent Payment: Monthly Vs Yearly by Gudlite: 1:58pm On Jan 22, 2020 |
Keemsleek005: Sir, You didn't even add drinking money and agent fee oooooo on top of agreement and Caution. Lol Drinking money is from #15,000.00 and agent fee is 10% of the Yearly rent Very soon they will add parking space fee. Lol |
Re: Rent Payment: Monthly Vs Yearly by frozen70(f): 1:59pm On Jan 22, 2020 |
Those in Europe has an organised system, they are sure if their economy and can always plan ahead, but the ones here are nit even trusting any one neither are they sure of the economy Everything depends on how organised a country or system is |
Re: Rent Payment: Monthly Vs Yearly by Bontia(m): 2:02pm On Jan 22, 2020 |
Monthly payment of rent works in advanced countries because they have a structured credit system. If you default in paying rent or other bills as and when due you might just be doing damage to your credit. |
Re: Rent Payment: Monthly Vs Yearly by cococandy(f): 2:03pm On Jan 22, 2020 |
When you pay $2,500-$3,000 monthly for a decent size family home, then you know there’s no comparing the monthly vs yearly rent in both climes. The difference is too much. 1 Like |
Re: Rent Payment: Monthly Vs Yearly by Dulles25: 2:04pm On Jan 22, 2020 |
Annually sounds quite stressful. In my country, which is in Africa, we pay monthly rent. This makes it easier to plan with the monthly salary. You know what percentage goes to rent, other utilities and savings. It helps with living within your means. 1 Like |
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