What I learned about renting shortlet to locals in Nigeria ( Pros and Cons)

Hello all,
I just want to share some insights about what i leaned renting shortlets out to locals in Nigeria through agents
Enjoy!
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[@victoredwards3959]

Interesting, I have a 3 bedroom apartment in 1004 on the island, also I am a landlord in Uk with 10 rental properties, 4 Airbnb properties, I tried to rent out my apartment in 1004 on short let when I am not in Nigeria, and what you said here is so true, especially the market here is 90% used by the younger guys. And they do everything that an Airbnb forbids, smoking, loud music, parties, not following check out rules, inviting friends over, I tried hosting them once , and they sick all over my duvet covers. Since then I pulled out of the local market. My property is still on Airbnb for older guests and people who will follow the rules. No more local guys for me. Not worth the hassle.

[@sojimi]

What's your Airbnb link?

[@thenigeriannomad]

understandable

[@ifeanyichikwendu2884]

Good morning sir, my name is Ifeanyi, I'm the brand manager for Escapade. Escapade is a Nigerian company that hosts and manage shortlets. We are actually a competitor with Airbnb. Sir can we come over to your apartment for a professional photo and video shoot, that we'll use for publicity purposes on our platform.

[@emmanuelokonta1241]

With all the quality Insight and information you share with us. I am disappointed that you only have 22k subscribers. People please share the videos and get your friends to subscribe to this channel. Thank y’all.

[@thenigeriannomad]

Thank you so so much I really appreciate this. ! I wouldn't mind ooh :) e se gan. Please share oooh

[@CDBest]

Nice insight, and i believe this is how diasporas relocated back can share there experiences to encourage others think about home coming and colobrates with each other to enhance our thinking as our government has failed to provide confidence into their Citizens. And even some people will not divulged such informations u are giving freely, blessings comes from giving so keep it up. Thanks.

[@thenigeriannomad]

I appreciate you and yes it is VERY important

[@tkspiece2310]

Great info thanks. I think it is very important that short let property owners get together and share experiences as well as start to foster a culture of bèst practise standards. We can either allow the low standards of such guests to spoil our rules, for the sake of making money, most of which you spend on the aftermath, or we start to enforce rules. If agents and clients aren't following our rules, simple they get blacklisted and the info is shared amongst the group. By enforcing the rules, we will land on the right clientele, if we give in, they will destroy our businesses.

[@thenigeriannomad]

Great suggestion!

[@isimotmuheeb4024]

Because,when you rent to the local people- Local people mainly will rent for parties or entertainment purposes.Yes , they need to clean every 2days, so you can be in control of what is going on in your building.

[@thenigeriannomad]

yes ooh. i learned

[@emmanuelmichael1700]

Always honest and humble with personal experience not research and posting what is gathered on social networks

[@thenigeriannomad]

Thank you. GREATLY appreciated

[@gwendolynfarrulla2430]

My favorite! Be there soon to get land from you! From Atlanta Georgia

[@lizz741]

Great idea for setting a deposit fee and dedicated cleaning services...I too have heard stories 🙄...tfs...

[@thenigeriannomad]

Thanks so much for the sper chat :) greatly appreicated and yes oooh!

[@boborock2012]

Your shirt is the traditional wear of the Bamenda people of the northwest region of English Cameroon.

[@thenigeriannomad]

Great eye!

[@adewaleobadina7749]

Thank you for this educational video yet again Bayo. This is a topic of interest to me, and you have helped in answering many questions that I have mulled in my mind for a long time now. Can you do a video about how to enlist my property on Airbnb, their requirements, etc. Your way of sharing information using live experience and explaining things through and through really makes for easy understanding. God bless you bro. Adewale Obadina, Ireland

[@thenigeriannomad]

Thank you so much! and yes I can definitely do a video on that.

[@turquoiseolowo]

Lovely shirt . Cheers Bayo

[@thenigeriannomad]

Thank you!

[@N7SOLDIER]

Always love to see you uploading.

[@thenigeriannomad]

Thank you :)

[@roberto.ogunbanwo6258]

I ve just been enjoying and learning from this Dude's YT videos

[@thenigeriannomad]

Glad you like them!

[@amandaokolo]

Lovely video, I am a local agent and I could relate with everything that you highlighted here. 💯💯

[@francodejj]

Curious as not sure he mentioned it…. How do the local-based population make their bookings with agents?…is there a website that they use?

[@thenigeriannomad]

Awesome!

[@ngalahansel6066]

Wow,nice to see you wearing pur Cameroonian Grassfields shirt. As a Cameroonian, the shirt on your thumbnail, caught my attention. Looking good. Great insights too

[@thenigeriannomad]

@@ngalahansel6066 thank you so much. You are my in law ;)

[@ngalahansel6066]

​@@thenigeriannomad❤❤wow congrats. Hope our Cameroonian sister is cool good food for you

[@RandomMZ1412]

Thanks for the information. 🙏🏾

[@thenigeriannomad]

Ooh nice. Thank you so much for this gesture. You are very welcome:)

[@thenigeriannomad]

Ooh nice. Thank you so much for this gesture. You are very welcome:)

[@nameloading..8665]

I have seen this in nigeria. My old place, next door was an Airbnb. Pretty big, 3 floors, 4 bedrooms, so we would see a lot of locals rent it, mostly groups of men would rent it & entertain prostitutes for the weekend. This happened at least twice per month. There was trash everywhere, spilling to the outside so I can only imagine what the inside looked like. Was always so noisy, loud music and loud talking. Renting to locals is probably more challenging.

[@thenigeriannomad]

more challening for sure but one now has to do proper screening

[@Oponu-Ayirada]

Best way is to install door camera with wifi on entry and exit & charge daily cleaning fees and deposit just incase of damages.

[@thenigeriannomad]

thanks for chiming in. good ideas

[@The_Cruise_Fam]

I am interested in the investment part and did I hear you say as low as $1000 if so, please I need more information. Thank you.

[@MrDzo1]

Well done Bayo .. very helpful video

[@thenigeriannomad]

Glad it helped

[@beebee_0136]

20:10 Nice content. As a feedback: Is it possible diasporans learn and *adopt* a thing or two from the local clientele in terms of being more forgiving, considering this is a desirable attribute?

[@thenigeriannomad]

Thank you and I think its possible but very unlikely because it would require lowering of standards and expectations

[@beebee_0136]

@@thenigeriannomad 1.) Sir, is this actually a lowering of standards or an adjustment of their expectations to the present realities of the economy and what's obtainable? Remember, it seems you also admitted that this was to your benefit, right? (Cont'd...)

[@beebee_0136]

@@thenigeriannomad 2.) this requires an attitudinal disposition and lowering of one's expectations is quite in order, pending a gradual change to the power architecture of the Nation, don't you think? After all, like they say: "... _if you are in Rome, do like the Romans_ " lo!

[@FijiPropertiesng]

You have said it all sir 👍🏽 I am a local agent and I agree 😄

[@thenigeriannomad]

Thanks for watching :)

[@CAANj]

Nice books and book shelf

[@thenigeriannomad]

Thank you :)

[@adeolaolatunji9324]

Nigerians have introduced Middle Men theory in Air B and B. Its so serious. In the UK we go online.

[@thenigeriannomad]

Yes ohh

[@estherelufowoju3166]

I have few questions about investing and receiving ROI, plus other queries is there a separate inbox where I can direct those questions to?

[@anthonybailey3511]

Se o le trust awon agent yi ti o ba si ni Nigeria. Nitori wipe awon agent yen, rondo rondo niwon.

[@OJamalB]

How can I market your Airbnb units ?

[@ClaudiosOz-r5l]

Hi Bayo! I have a 2 bedroom apartment in Lekki. How can i get local agent to help me with clients or how can i get local clients? 19:32

[@adanbouzoua]

Thx for sharing your experience.

[@thenigeriannomad]

You are very welcome. Thanks for watching :)

[@francodejj]

Big thanks for sharing 👏🏾…. How do the local-based population make their bookings with agents?…is there a website that they use?

[@thenigeriannomad]

From my ovservations, they mostly use agents

[@MarcoPolo-su2fc]

Thanks for these information. That's why I follow your channel.

[@thenigeriannomad]

You are very welcome. Thanks for the sub :)

[@isimotmuheeb4024]

You also need to request for a non refundable deposit so if they left the place untidy, they loose their deposit.

[@thenigeriannomad]

its is not a deposit. if it's non-refundable :)

[@edogottalentglobalmediaint8236]

Thanks for the information 👍🏽

[@thenigeriannomad]

You are very welcome. Thanks for watching :)

[@ClaudiosOz-r5l]

Hi Bayo! I have a 2 bedroom apartment in Lekki. How can i get local agent to help me with clients or how can i get local clients?

[@macten5223]

Great content

[@thenigeriannomad]

Glad you liked it :)

[@theciathproperty_]

This is beautiful

[@thenigeriannomad]

It sure is! Thanks for watching :)

[@mikemike2311]

Where or how do u get Airbnb agents? I own properties in Abj and Akure, working on converting them to Airbnb

[@benjaminokolo1510]

I have an 11 room hotel in the mainland and I want to convert some of the rooms into airbnb . I will need your advice Bayo . Can you please get in touch with me please

[@thenigeriannomad]

Hello there, Here are different ways to connect with me: Consult with me - consultwithbayo.com Whatsapp Ph : [phone] Email: [e-mail]

[@JustinClark-r4z]

I have over 15 properties in Lagos and Abuja and business is good.

[@thenigeriannomad]

That's amazing!

[@kolaakinnurun6632]

Hi bayo, I need agents on the mainland. Pls introduce me to some of them. Thanks

[@thenigeriannomad]

Dont have any there ooh

[@OhiorenuanDirisuoyinbo]

Nice video and about the 1k$ invest with 25%,fo you pay back in usd?

[@thenigeriannomad]

Sure :)

[@granddaddychillicheez7394]

--When "they" take the Light its a Big Deal (No matter who they are...) !!! '

[@thenigeriannomad]

sure . There is no debate about this. everyone wants electricity

[@anthonybailey3511]

Not for the locals. They are used to it.

[@thenigeriannomad]

@@anthonybailey3511 as long as it comes.back on in meaningful time

[@priscabenita2698]

Thank you Bayo

[@thenigeriannomad]

You are very welcome! Thanks for watching :)

[@ChiomaIgu]

Hello Bayo. Please I have a 4 bedroom apartment for Shorlet. How can I get a local agent to assist with clients.

[@thenigeriannomad]

where is it located ?

[@EmmanuelChika-gm3tm]

Bayo Do have one bedroom Appertment in lekkiphs1 I mean airbnb or I can pay in naira I need one room Appertment

[@thenigeriannomad]

We have close to osapa area but not lekki phase 1. So like 15 mins away3

[@sojimi]

​@@thenigeriannomad I need one as well. Link?

[@sachar4777]

Checkout at 11am is so unfair to renters and back home yes, you get cleaners to clean the properties daily by choice of the renter, no brainer

[@thenigeriannomad]

sure

[@anthonybailey3511]

Mo be e gidi gidi. Maje ki awon agent yen ko e lowo je.

[@rot9229]

Hello Bayo, I have 8 units flats. How can I get a local agent to assist with clients please?

[@thenigeriannomad]

Where is this place ?

[@rot9229]

@@thenigeriannomad in ikorodu.

[@PO-eg2ts]

Hi Bayo, what do you mean when you say you had to use local agents to source out client.

[@MrUchboy]

It’s like a registered freelancer person or company who market your property to bring in clients

[@thenigeriannomad]

@MrUchboy well said my broda!

[@plateaulounge7506]

On the average How much or % do your Agents charge you?

[@lorraineellis4281]

Do you have an Airb and b in Gwagwalada Nigeria?

[@blackmac500]

Crazy question do people in Nigeria have dogs . I asked because houses there don't have gardens or any green spaces. I would love to see some houses with yards with fruit trees

[@oworumayowa9892]

Only about 3 percentage of the population.

[@thenigeriannomad]

Some people have dogs

[@GeeInUs]

Hello Bayo It's good to see how you are progressing. I like the nuggets of wisdom given. Do you have a number i can reach you to discuss?

[@thenigeriannomad]

Yes, for consultations, Please visit consultwithbayo.com to book a call

[@lizsmith952]

Do the people who clean live in the bq??? I am thinking about looking at getting apt to rent

[@thenigeriannomad]

sure they can if you have one

[@JOHNTHOMAS-ye5ku]

Bayo, how do I get in touch with you? I have questions on relocation to Nigeria.

[@samkoldbarber7965]

I can help, I’m in the process too.

[@oworumayowa9892]

What do you need to know?

[@oworumayowa9892]

What do you need to know?

[@greymaterresources]

From which country are coming from and when last were you in Naija?

[@thenigeriannomad]

Hello there, Here are different ways to connect with me: Consult with me - consultwithbayo.com Whatsapp Ph : [phone] Email: [e-mail]

[@Murphyspage-d9x]

How can i reach out to you for management and investment as well

[@thenigeriannomad]

Hello there, Here are different ways to connect with me: Consult with me - consultwithbayo.com Whatsapp Ph : [phone] Email: [e-mail]

[@joeb.1163]

do you also do car rentals as part of your airbnb?

[@thenigeriannomad]

Not yet. but thinking about it

[@paulogunbunmi9034]

Thank Bayo

[@thenigeriannomad]

You are very welcome

[@gizzie_]

How about power issues? You provide fuel for generators or you use solar power?

[@oworumayowa9892]

We use both.

[@ahmedsally6279]

@@oworumayowa9892 Just both? does tht mean u bypass NEPA power completely?

[@FijiPropertiesng]

Can I work with you?

[@thenigeriannomad]

Hello there, Here are different ways to connect with me: Consult with me - consultwithbayo.com Whatsapp Ph : [phone] Email: [e-mail]

[@teaforum9520]

See ur stomach don dey come out. u don dey fresher. Ifakan baaale ti wa 😂

[@thenigeriannomad]

Hahahaha Ese oh!

[@ritaeffeyota]

Thanks for this video. How can one contact you? Do you have IG handle

[@thenigeriannomad]

We can have a consultation call. Here is the link to sign up. bit.ly/bayoconsult

[@1lovefootball]

😂😂😂😂😂😂😂😂😂😂😂😂😂

[@thenigeriannomad]

lol. tell me oooh. I need to know which part made you laugh ? lol

[@phonefix419]

Hello Mr Bayo, I have a real estate Company registered in Nigeria I have acres of Land in Igbogun town ibeju lekki I can partner with you for development or sell to you few acres. U have in following places. 1.Agbowa ikosi, Epe. (80 acres) 2. Igbogun town (300 acres) Lagos/Ogun ibeju lekki. Ewekoro Ogun (600 acres). Agbara Ogun state (450 acres) Ibiye town Badagry (10 acres) Mosafejo Badagry (10 plots)

[@ClaudiosOz-r5l]

Hi Bayo! I have a 2 bedroom apartment in Lekki. How can i get local agent to help me with clients or how can i get local clients? 19:32

[@ClaudiosOz-r5l]

Hi Bayo! I have a 2 bedroom apartment in Lekki. How can i get local agent to help me with clients or how can i get local clients?

[@ClaudiosOz-r5l]

Hi Bayo! I have a 2 bedroom apartment in Lekki. How can i get local agent to help me with clients or how can i get local clients?

[@ClaudiosOz-r5l]

Hi Bayo! I have a 2 bedroom apartment in Lekki. How can i get local agent to help me with clients or how can i get local clients?

[@thenigeriannomad]

Hello there, Here are different ways to connect with me: Consult with me - consultwithbayo.com Whatsapp Ph : [phone] Email: [e-mail]