coldcandy:
As a tenant, I will like my kitchen to be where the visitors toilet is and my vt where the toilet is. (placing the two toilets side by side is also good for evacuation piping).
I will also want a wall to screen the kitchen entrance.
Consider placing the main entrance where the window is.

ahiboilandgas:
If All rational investor refuse the unrealistic and peanut 4 percent and cbn issue tb and zero subscriptions they are force up raise rate ,manage inflations ....but now cbn is having a field day ....imaging get loans at 4 percent ...

uncleteeh:


Well, it isn't a bad concept. though the windows aren't big enough for some rooms that need enough ventilation.

Could also see that this is a concept you got online.

You may contact us at OAK Group to help Expatiate more on this dream of urs. We gonna advice and aid till the project come tru.
08108408732 call/whatsapp

ArcToyin:

Why adding another floor? I can help you have the four units on said plot without a storey.

mufutau55:


Not a bad concept. But I personally think you should eliminate the Guest Toilet in a one bedroom apartment, it is overkill.
One toilet should be enough for the Occupant and the Visitor. Thank you.

Hajji M.

Mcreloaded:
Please can some one explain to me how these pictures are coloured because in 1959 all my pics came out black and white.

Then my parents were seriously well to do so I know that the pics in my house would have been coloured if there was coloured picture then.

MrMcJay:


Not a problem. I don't know if personal info are allowed on this section though. You can send me a PM anytime. Will get the pictures and mail them to you and arrange an inspection if you are interested.

MrMcJay:


Yeah, not a problem. He's selling in units, not as a whole. Some are 2 bed terrace duplexes and some are 3 bedroom terraces. They are in Magodo Phase 2, that's the main Magodo.

MrMcJay:


I'm advising that he cuts his losses and moves on. If you decide to bring an action to recover unpaid rent and recover possession, how much would you spend on legal fees and for how long are you ready to drag it?
Now, calculate her unpaid rent for 2 months and decide which is easier to forgo.

Bad tenants can ruin an otherwise profitable investment. I have a client who is selling his 13 units of terraced duplexes at Magodo just because of tenants wahala. Prospective tenants are willing to pay 4M per year per duplex but he has refused, he's stuck to selling.

SyberKate:
Mr A and Mr B were given a cash inheritance of N60 million each after the death of their rich grandfather in Year 2000. This was during the Obasanjo years when the Fx rate was about N120/$. The inheritance was worth about $500,000 - cool money!

Mr A, an entrepreneurial minded person, bought a very big house in VGC with the N60 million. The house has valid legal title and has obtained the “Governor’s Consent” on the Deed of Sublease.

The property earns N2M annually in cash from the house rent. This means he has made another N40M (N2M x 20 years) while also still owning his house. He saved his N60M rent income in Standard Chartered Bank.

Mr B, a career engineer with strong finance knowledge, went to EKO hotel to convert the money to dollars. He deposited the $500,000 into his bank account in Sterling Bank, the “1-Customer” bank.

Due to their interest to jointly apply for a bank loan, the two brothers invited to prepare a special statement of their net worth in NAIRA (and a separate one in dollars), based only on their real estate properties and bank balances.

Mr A‘s property at VGC has been valued at N80M based on a recent property valuation exercise that was done by Jeunkoku Olorinla & Co, a firm of Estate surveyors and valuers.

Although Mr A made a gain of N40M on his inheritance amount of N60M (worth about $500,000 when he collected his inheritance), the foreign exchange devaluation (from N120/$ to N360/$) has decreased the value of his VGC property down to $222,222

It would have been worse for Mr A if not for the property value appreciation during the 20-year period that has been recognised. But why?

However, Mr B was able to hedge the Fx risk by holding a US$ denominated asset whereas Mr A’s property was held in a property market that is Naira based and valued (even if he had used US$ to settle the payment for the property in VGC).

The takeaway is that HNIs in countries with currencies that are highly volatile (like Nigeria) must seek to balance their asset portfolio with a good currency spread to hedge against FX risks, in order to preserve value in their asset portfolio

Tvegas:
Thanks for highlighting this. When this COVID issue started i told many people around me that they should watch Nigeria, she will manage this well and come out OK. It wont get destroyed like the CNN and the western world predicted death-wise.

I guess The OP has bought so much into the western propaganda to the extent of being dissapointed for not seeing dead bodies littering his/her country. Black man, such a sad story.

ahiboilandgas:
Been residential dosent stop it from generating income via rents ..it can be a commercial allocation and not generate rents

emmanuelewumi:



Build wealth slowly and steadily with your capital and speculate with your dividends or returns from your investment

1kinggy:


Most of those rates are p.a.

So divide them by 12 to see what exactly they are offering you.

selfwife:
In my own side, when a man dies, his first child carries the responsibility of the burial. If the first child is a female, her husband buys the coffin. I think it is believed that the grieve will be too much for the wife that's why the I children have to take responsibility for their father's burial .

prisho7:
Interested

spautos:
I am still expecting u to come fix it for me

pswglobal:
Pls get it installed now. We can also come down to ur house, office to install it.