₦airaland Forum

Yankee101:
If you rent it out it pays for itself plus profit

What do you know about the housing market that you’ll call it a bad investment?

Alaye, house ownership in America is different from what is obtainable in Nigeria. More so for someone like Peter who isn’t a citizen of America.

Jacksparrow7:
na y I no gree to get sense

Eya, your dad must have used your brain for rituals.

Larrykaysail:
study well b4 you talk , don't you pay land use charge or tenement rate in Nigeria

Houses tax is everywhere

Sharap, you talk like you are from Congo. Are land use charge paid monthly in Nigeria? And how many Nigerians will honor that? Even Dangote evades tax.

sonnie10:
I am a proud American and have been doing this for decades. Read, learn and grow. Only up coming celebrities rent to live in places they can't actually afford. The big ones all own their houses.

I read and learn what will benefit me. You should ask Beyoncé and co how much they are paying as tax on their properties. Then come back and tell me more about being an American.

sonnie10:
Which other taxes do people pay for houses in US? Apart from property tax (about 2-3% of the value) and home insurance ( 2k a year for say a $300k property) and HOA like $1k a year. The total is about $10k a year.
Rent for such house could go as high as $2k a month that is about $24k a year.

Do the maths. That is about $14k (about #10M) he makes from one property without moving a muscle.

Sabinus, are you in the US? Taxes on properties ain’t cheap and that’s why some celebrities prefer to rent than own. Do your research well.

Kennyliga112:
Food investment… He will put them for rents

And you think I don’t know that? With the taxes he will pay, it is still a bad investment.

bdon123:
Not if d houses are under rent

Rent in America is different from Nigeria. For a country where tax is mandatory, it is a bad investment.

sharpman1:
This statement is full of ignorance.

Ignorance is when you are in your face me I face you apartment and think you know it all. The rent he will receive is nothing if he pays taxes continuously.

Cmanforall:
What if he rented them out?

Expert Manager

The rent for an apartment like his is meagre compared to the taxes. Do your research.

tegrianonigltd:
Why I daft like this? I dey vess, you think say e no buy the house leave am non existent, e go dey bring monthly income na. Next time I will reason like a literate.

Alaye, you are the Olodo here. Do you think rent in America is paid yearly like they do here? The apartment can’t be a mansion and the meagre monthly rent is nothing compared to the taxes he will pay.

When rich Americans shy away from owning houses, do you think they are stupid knowing it could be put up for rent.

When they told you not to get married to liabilities, you didn’t listen.

I must agree with Tinubu on this one. The President disappointed a lot of folks who thought he was going to hand pick his successor which would be someone else apart from Tinubu.

Killerbag36:
To save ur sef from this spend less on that bitch instead allow them spend on you i can't remember wen last I took a girl out yet I've 4 girlfriend nd guess wat they both know themselves they both can't cheat they always tell me they love me its no joke I don't spend on women wen u spend ur life savings on them if they see another mugu them go say them no do again u go wan die bt wen u no spend at all on them aside transport to come see u you go get peace of mind cus u no spend shishi only the true players that will understand the secret of v people.
Oh well rip love can happen to only fools

You have four classless mumu girlfriends and you’re celebrating. From your way of writing, no girl with class would want to be with some like you.

Father Mbaka goofed big time with his outbursts. I am sure after pondering over it, he realized the implications of his rants.

Calling a politician stingy is like endorsing the likes of Tinubu who will use money to purchase votes during elections.

And will keep paying taxes for the houses. Bad investment.

Some men will just keep embarrassing themselves.

poshestmina:
I prefer the ex-wife though.

Happy married life to them.

Your opinion doesn’t count.

DontBullshitMe:
Big downgrade from his ex wife.

Can never be me.

Downgrade? How? This woman may look older but in terms of physical beauty, she looks better than that his ex wife with big forehead.

teekay213:
Hi,

I got a 2bedroom flat because the place is close to me and my wife place of work.we couldn't get a 3bedroom around the area cos that was the one we saw at the time and it was not costly.

But here is the problem I have a 19yrs old boy waiting for admission and a 16yrs old girl in ss3 but I don't know how to allocate the 2 bedroom maybe my wife and I should take one and leave the other room for my son and daughter but my girl is already a lady and she doesn't want to share a room with her brother,,am also thinking my wife should share one room with our daughter while I share the remaining room with my son but what if me and my wife need each other.

Where we relocated from we had 3 bedrooms and everyone had his room but because that was the only apartment near and less costly we had to take it.

I am more interested in the number of kids you have than the problem at hand.

You will hardly see an average Nigerian family with 2 kids. Even if they are struggling, they will just keep birthing. I kinda admire you. It is also possible that you wanted more but fate has other plans for you.

Ebymyk:
Unveil the decent women nah... Talk is cheap...

Change your circle of women. There are many decent and disciplined women out there.

Zonefree:
No Nigerian girl can stay 4 weeks without sex. Your brother staying out of the country for a year expected his Nigerian wife's kpekus to be rusty



No lies here.

Women are naturally born for sex. A broke man hardly think of sex, but, you'll see a broke and wretched girl feeling hornyy and demanding for marathon sex.

A man can never divorce his wife cos she's bad on bed. But, you see and hear stories of women divorcing their husband cos of inadequate sex or short dick.

Don't allow any woman deceive you that she will wait for you...she's getting the dick already with or without you.

When you keep frolicking with olosho women that lack discipline, you start to generalize. Sex ain’t food and just because the women you roll with are nyphomaniacs, doesn’t mean there are no decent women out there.

Is this not blatant oppression? Someone like Lawan holding such an exalted position as the Senate President shouldn’t be behaving like a thug.

The fool was so sure that he would emerge as the consensus candidate for APC. Now he wants to hijack another man’s victory using his power.

GeorgeThePoet:
I am plain dumb like my dad.

No wonder you keep raping little girls.

Na wao! These people are acting as if exalted positions belong to certain people only. The greedy Senate President ate his cake and still wants to have it.

That candidate should thread carefully because he may just end up six feet under.

HantaVirus:
You're lucky you got married to your best friend.

Marriage these days ain't it at all except for some few.

Shit ain't on the cards for me....

Might be a playa fo' life

Even best friends get bored of each other and part ways.

Dikegodspower:
She think say for a man to make up his mind , marry woman dey easy?
Where the money to wed dey?
Infact she is a joker.

If people like her want to get married today, it will happen. Those ladies have a way with men.

Damn! I am speechless. Let me use this medium to educate the ‘Doubting Thomases’ that there is life after death.

Although, you may not like where you eventually go but you will keep on living.

By the way, if you know where I can get a taser gun, please mention me.

Lifestone:
So how come the sharia law is still operational in some States in Nigeria? How come Lagos criminal law is different from the penal codes in the North?
The point is that when it comes to criminal jurisprudence, each Federating States are allowed to make laws and it will be binding in their state.
It's only the constitution that has power to override any inconsistent laws. Federal Government laws can't make state laws invalid untill such federal laws are domesticated in such states

Ok, I see your point.

Lifestone:
Calm down. Read the Law of AkwaIbom, they said so not me. The consent age in the state is 16years

And the age of consent in Nigeria is? The law of Nigeria supersedes the state laws.

So, what happened to her?

Lifestone:
What if the sexual act is by mutual consent, let's wait and hear both side before we condemn him.

Oloti, mutual consent kill your there. Why should an old man be frolicking with a 16 year old? Sick…..

What does this kid do for a living? Reno, I meant.