₦airaland Forum

2 old tenants and 1 new tenant, payment reminder is done by my lawyer and my account number also forwarded to them by my lawyer (we negotiated and agreed on this).

emmanuelewumi:
Are these new tenants or sitting tenants?

Are you the one who write debt reminder letters the tenants and other debt recovery activities?

Reputable law firms will let you deal directly with them if you are the one they paid to directly, you can only invite them when you have legal issues.

I receive my rent directly into my account and send my lawyer's commission to him, I don't have direct communication with my tenants, i learnt it from this thread.

keeper303:
The same thing happens in my case. They collect the rent, remove 10% and remit balance to my account. The annoying aspect is asking me to pay a lawyer who will process quit notice in court against a defaulting tenant.

That's a pity, everything Firt Bank is slow, you have to add a little gingering for them to take you serious, i believe you should get a new and dedicated account officer if you request for one, just make it clear to them that you are a kind of customer that require much attention on your investments and you would need an account officer who is ever ready to assist whenever called upon, you should be fine.

emmanuelewumi:
Seun was my account officer, very good guy. He personally gave me his number and he called regularly, since he left the firm about 6 months ago, I have not been enjoying their service again

Yes i do, you once advised me to open MMF account with them, forgot?

emmanuelewumi:
Do you have an account with FBN Quest Asset Management?

No you can get phone number of an account officer, request for it.

emmanuelewumi:
I am actually planning to close my money market fund account with FBN Quest Asset Management, their customer service is zero they won't reply mails, you don't have personal phone numbers of the account officers except the office land line

Ahiboilandgas where are you, we miss your explicit business and investment knowledge here.

You wan make dem call you audio that you cannot have such car for sale abi

Mention car of $5,000 and see them clap for you that you are a correct car dealer.

Sniper4real:
If you know someone loves having latest car.

2021 Mercedes Maybach $250,000 is available


Check my profile

Security: 9.8% FGN JUL 24 2045
Face Value: 100M
Price: 100Naira
Principal Amount: 100M
Coupon % : 9.8%
Yield at the time of Purchase: 9.8%
Tenor: 9,131
Maturity Date: 24 July 2045
Coupon(every 6 months until maturity): 4.9M

emmanuelewumi:
How much did you Invest? What was the coupon when you bought? What is the tenor of the Investment?

Also let him know that he will lose part of his capital if he liquidate when interest rate is high, this is giving me serious headache now..i bought 100 units from primary market last year and wants to liquidate now..my bank is telling me that i will lose about 12M from my capital...na only once i don chop coupon, next one should be next month.

ukay2:
1.....at maturity; depending on the year you invested

2.....very easy to liquidate via the same investment house or bank you used

3....yes, you can buy the same bond from secondary market, so you will get 2 coupon alerts at coupon payments dates, if you continue like dates, the numbers of your coupons alerts keep increasing

VGC is still a very good estate till today, an empty 5 bedroom fully detached is rented from 5M to 6.5M today and a plot of land is about 110-120M there, thats a good deal for someone who have invested there years ago.

emmanuelewumi:
A flat was marketed by HFP at N2 Million, duplex at N4 million.

The Investments are currently generating that and more as rental income.

That's right, most real estate developers in Nigeria live on a rented apartment..that's weird in a layman's views but there's a reason for that.

GIANTPLUSHUB:
I listened to coscharis CEO interview and One thing I pinpoint there is that, as a business owner, be ready to be misunderstood.

You will be surprised that if you should sit dangote down and ask him of the reason for such action, you won't hesitate to buy his idea of such step.

Mheen! This business things get level and na the business owner really know the reason for such step which is certainly a good step or idea for them if we get to know.

May God bless our endeavors.

Spot on!

OgogoroFreak:
The average human on earth is greedy.

The system in developed countries forces you to do the right thing. While the system in Nigeria creates the atmosphere for corruption.

There are barriers to it, ..there is limit to how much you can deposit in your dom account, if you change millions of naira to USD then depositing the USD to your dom account is where the barrier comes in..this law started this year i think because i was able to convert and deposit a lump sum to my dom account last year February.

The only way you can withdraw this money in naira and get it deposited in your dom account is by illegal means.

At the bolded why not share it here for others to learn if it is legal.

neyohh:
There's a simple solution to this, some already know this but I dey fear make cbn no go block the loophole, it's not illegal either.

You can scale through all those imagined barriers.. size, withdrawal, investing, saving, diversification.

Pm if you want to know.

Nice one, it will definately go well hence you have a mentor who is already doing well on it. Check again if he can be trusted so that you will not overpay during the construction .

OgogoroFreak:
Location is Lagos. Surely, I don't intend to manage it myself. I am following my mentor's footsteps. He has been into the business for years and its been very profitable for him.

Im sticking to what i said and will not delete that comment either.

NL1960:
Don't you think this is late already?. @XiaoLi has already said that he can show us N50m * 20 = N1Billion account balance.

Oga park well, at the bolded dont make it sound like you are doing me some favour. Now listen to me, I want to make it clear that you are not me and i don't want to be you either OK??


You spoke well to some extent but messed everything up in your last sentence, so if Dangote talk about his new refinery and how much he has invested on it or the billions of $$ he will invest in US that makes him empty barrel or little kidd with unimaginable wealth from unscrupulous sources in your shallow thinking?? No wonder that thing called you a taxi driver because you have a poverty oriented reasoning.


You talked about somebody who lives in US and wear just normal shirt when he comes to Nigeria, I also have an Uncle who is multi billionaire, wears luxury designers and do charity worth up to 50M every December, now do you understand the meaning of individual differences??

If you are kidnapped because of your posts on NL then you are a big MUGU, I will never share my personal information here or meet face to face with people that i met here no matter what. My contact in the real world is enough for me, so get that into your head and keep your advise to yourself!!

Brainbox0806:
If this will make you feel cool: I'M NOT XIAOLI. Now let me educate you a bit, do not try to convince people to know your real worth except you are a celebrity that need such for endorsements motives. Don't post your achievements on the grams, it can only do you more harms than good.

I've an older friend that worth huge billions that reside in the US, whenever he comes back home, he try as much as possible to talk like a typical igbo man with just a normal shirt, nobody knows whtsup about him till he's done here. The real men live codedly but the empty barrel or little kids with unimaginable wealth from unscrupulous sources make the loudest noise.

.

ibechris:
I have read many comments here and I chose to agree with u that,that guy is sick and need to be warned against derailing this thread. Ever since he came to join this thread he has been very uncomfortable with peoples comment especially those who quote figures.

But he needs to amend his ways,otherwise any one stands being abused for their contributions on this thread.

Brainbox really need to make a big statement that we are not thesame person, that thing called whatever is so satanic that he will twist things to make people to start to believe him, i had a super monday, we are doing land reclaiming and im building 24 units here

Su1cide for that poison vendor straight

ibechris:
I have read many comments here and I chose to agree with u that,that guy is sick and need to be warned against derailing this thread. Ever since he came to join this thread he has been very uncomfortable with peoples comment especially those who quote figures.

But he needs to amend his ways,otherwise any one stands being abused for their contributions on this thread.

Pls stop responding to that thing,...it's obvious he has some mental disorder, a normal person will not quarell everyday or form things up to use against people just to get some cheap likes on NL.

Brainbox0806:
And my team won, I'm so happy . The sweetest, undiluted happiness a man could ever have is a free one not the one you try to confuse people to achieve as your daily practice here. Ponder on this and do enjoy your sleep

Oga you na chairman na, atleast we have all benefited from your selfess advice here in one way or the other not some people who never see anything good in all the investment portfolios and will start to feel insecure/intimidated once you mention your achievements...i call them bad belle..na their type dey give poison for village

emmanuelewumi:
Sir, can I send my account details to you?

Anything for your bois sir for this weekend.

But immediately he hears people achievements and claim they are not real you will believe him, does it make sense?

Nezzjnr:
No be Twitter be this oo... Don't expect us to just believe you

Business class all through

Now you see why you are nobody, shut up and go look for your class. My very last response to you!

You are nobody kid, if you can't show me an account balance of tashere 50M then you don't worth my time. From today when i talk here you shut up because you have proved today that you are nobody!I will not quote you again.

Lazyyouth4u:
Frustrated driver, you no just sharp at all I swear. It was so easy for me to decode you. Better stop wasting your time here. I sure say you dey look for who you go scam.

Enter road and go and work. Today na Saturday. Busy day. No dull yourself o. Make your children no die of hunger. Go eat lasma shitt so your children go fit chop garri. Miserable driver wey dey disguise for Nairaland as billionaire

Look how small your brain is Mofo, next time anybody uses shit h0le to decribe Africa then conclude that that person must be Trump in your fish brain f00l! Show me an account balance of 50M and I will show you 20 times of it don't digress ..let's end this audio once and for all today!!

By the way my account balance is speaking the grammar for me

Go and sit down boy. You think wearing white canvass to a wedding to find free girls to knack is an achievement, become responsible first then i will have your time. I will not quote you again!

SeaTrade:
N50m×20 times=N1B.
Oga go find somewhere sitdown,you no get money,stop talking like a fantasizing child.
More reason to think you are that brainbox guy with this your childish display of stupidity.
I know say e no concern me,na the figures you dey quote anyhow make me bring you back from daydreaming.

Pls stop supporting that riffraff, why would he conlude that i am brainbox, i am very annoyed when i came here this moring seeing him mention my name and conluding in his f00lish mind that i am braimbox when i have been off Nairaland for weeks. My personal conclusion is that that thing called lazyyut has some mental disorder.

richforever123:
Some of these guys abuse him/her first, but when he claps back everyone starts crying foul because he goes the extra mile when it comes to insults

You think everybody is jobless like you, guess what..yes i am in Ngeria but doing my real estate developing work, show me your inherited land from your father so that i can but it off. Mofo!!

Lazyyouth4u:
Xiao Li, be a man and stop hiding to insult me. So you came back to Naija to drive Uber? Haha. No wonder you dey always fear when you hear audio .

That sun wey dey beat you while waiting for rides don dey affect your small brain. No wonder riders no dey tip you. Your stinking attitude shows in the way you write. Illiterate!

Mofo i am not Brainbox, for what reason would i hide from a low life 1diot like you, fyi i am balling harder and will feed your next genaration, i put this as a challenge to you..show me tashere 50M in your account and i will show you 20 times of it, dont give excuses...show it!

Lazyyouth4u:
Xiao Li, be a man and stop hiding to insult me. So you came back to Naija to drive Uber? Haha. No wonder you dey always fear when you hear audio .

That sun wey dey beat you while waiting for rides don dey affect your small brain. No wonder riders no dey tip you. Your stinking attitude shows in the way you write. Illiterate!

Keep your money in dollars instead of changing it to naira and investing in tbills, any devaluation made on naira will wipe out whatever interest you earned on tbills and will will even put you on a lost, if the volume of your dollars is big you can invest in first bank dollar commercial paper or ask your bank of any dollar portfolio you can invest in.

saipn:
Good morning nairalander,I need expert advice is it reasonable to invest back in treasury bills or I should keep saving my money to my dollar account?my fear is I don't want anything that will devalue my money.note my plan is to keep saving atleast one thousand dollars monthly..

That thing is jobless and the notice me type.

Educationalserv:
why Answer? where you quoted ?why are you exclusively on treasury bill thread only ?you call treasury bill petty but outside treasury bill thread you don't contribute to any other topic on nairaland

Lol, you understand well, that thing is a sweeper in one of the investment house reason he have little understanding about investment, infact those little he knows is ones he heard on eavesdropping while his bosses are having phone converstaion with clients

ahiboilandgas:
9 wonders of Nairaland ...investment professional and theorist start his day on treasury bill thread , mid day still ranting aimlessly on treasury bill thread and still condemning the treasury bill investment that keeps him ranting all day for free ....imagine a real investment professional in Investment 1 having clients thinking of Nairaland tb thread ....make I give the eassyist small work for the day .......

No na that thing called her self whatever that is attacking Ahib, i asked Ahib a question regarding a land he bought some time ago and boom that nonentity started Ahib is audio this and audio that and nobody in this thread is this or that as if she knows everyone here one on one.

OgogoroFreak:
Weytin these two men dey feed on sef, wey make them get so much energy to attack themselves meaninglessly like this?