Your rent history is becoming your reputation.
On time payments.
Lease discipline.
Evictions.
It’s no longer just about income,
it’s about behavior.
Good history follows you.
Bad history follows you too.
That’s what SecuScore is.
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Help shape the system before it becomes the standard.
People are protesting high rent, 10% agent fees, 10% legal fees, 10% “inspection” or “caution” fees and they’re not wrong to be angry.
But those fees are symptoms, not the real problem.
The real problem in Nigeria’s rental sector is this:
There is no trusted system for managing risk.
Because landlords can’t reliably tell:
– Who will pay on time
– Who will damage property
– Who will disappear after default
They protect themselves the only way they know how:
• High upfront rent
• Multiple fees
• Heavy intermediaries
• Aggressive clauses
Agents and lawyers didn’t invent this problem, they filled a vacuum.
When there’s no data, no rental history, and no accountability framework,
humans become the risk managers… and they charge for it.
If we truly want rent to come down,
we don’t just need protests.
We need structure.
A system where:
• Tenant behavior is recorded
• Good tenants are identifiable
• Bad actors carry consequences
• Risk reduces and costs follow
That belief is why I have been followint @Hubforrenters
Not to fight landlords.
Not to attack agents.
But to fix the broken foundation that makes renting expensive and hostile for everyone.
Until we fix the system, fees will keep finding new names.
Stories like this are uncomfortable, but they’re important.
A tenant leaves a property and deliberately causes damage not just financial, but emotional and psychological.
No warning.
No consequence.
No record that follows them.
This is the real problem in Nigeria’s rental sector: there is no shared system of accountability.
When bad behavior has no long term cost:
• Some tenants act with impunity
• Landlords overreact and harden policies
• Everyone else pays through higher rent and fees
This isn’t about “wicked tenants” or “wicked landlords.”
It’s about a system with no memory.
In functional rental markets:
• Rental behavior is recorded
• Patterns follow people
• Bad actors don’t reset to zero every time
Until we build that structure, landlords will keep protecting themselves the only way they can and good tenants will keep suffering for it.
That’s the problem @Hubforrenters (with Securent) is trying to solve and it's the reason I follow them:
not drama,
not blame
accountability that outlives one tenancy.
Fix the system, and the behavior changes.
This is a textbook example of perverse incentives in Nigeria’s rental system.
Caution fees are meant to be refundable, unless there’s damage.
They exist to discourage damage.
But once a landlord makes the caution fee non refundable by default, the incentive breaks.
From the tenant’s (wrong) logic:
“If I won’t get the money back anyway, I might as well do what I want.”
That doesn’t justify the damage,
but it explains why it happened.
And here’s the deeper issue:
There was no consequence beyond that one apartment.
No rental history.
No record that follows the tenant.
No long term accountability.
So behavior collapses into:
“Burn everything before I leave.”
This is why contracts alone don’t fix renting.
And why punitive clauses often backfire.
What actually changes behavior is a system with memory:
• Good tenants get refunds easily
• Bad behavior follows you
• Damage costs you future access, not just one deposit
Until we build that structure,
landlords will keep tightening clauses,
tenants will keep reacting badly,
and everyone loses more than the caution fee.
I am hopeful @Hubforrenters (via Securent) will solve it.
Fix the incentives.
Fix the system.
Without data, renting will always be guesswork. that'swhy Nigeria’s rental market feels like a battlefield.
1/
Most rental decisions today are made with guts:
“He looks responsible.”
“She works in a good company.”
“My agent said he’s fine.”
That’s not due diligence. That’s hope.
People are protesting high rent, 10% agent fees, 10% legal fees, 10% “inspection” or “caution” fees and they’re not wrong to be angry.
But those fees are symptoms, not the real problem.
The real problem in Nigeria’s rental sector is this:
There is no trusted system for managing risk.
Because landlords can’t reliably tell:
– Who will pay on time
– Who will damage property
– Who will disappear after default
They protect themselves the only way they know how:
• High upfront rent
• Multiple fees
• Heavy intermediaries
• Aggressive clauses
Agents and lawyers didn’t invent this problem, they filled a vacuum.
When there’s no data, no rental history, and no accountability framework,
humans become the risk managers… and they charge for it.
If we truly want rent to come down,
we don’t just need protests.
We need structure.
A system where:
• Tenant behavior is recorded
• Good tenants are identifiable
• Bad actors carry consequences
• Risk reduces and costs follow
That belief is why I have been followint @Hubforrenters
Not to fight landlords.
Not to attack agents.
But to fix the broken foundation that makes renting expensive and hostile for everyone.
Until we fix the system, fees will keep finding new names.
8/ When renting becomes data driven:
• Good tenants are protected
• Good landlords are rewarded
• Conflicts reduce
• Trust increases
That’s the future we’re building with securent
Many landlords don’t realize this until it’s too late.
You build a property.
You ask the lawyer who drafted the tenancy agreement to also manage it.
On the surface, it feels efficient.
In reality, it creates a misalignment of incentives.
You build a house, and you give it to the lawyer who drafted documents for the property to manage for you.
It may seem harmless at first, but if you think about it critically, you will see that it is a terrible decision.
I will explain:
As a landlord, you get paid when a tenant moves in and when the tenant renews and pays.
The lawyer gets paid when a tenant moves in, renews rent, is evicted, and when a new tenant moves in (agreement fees).
Whether the tenant is good or bad, the lawyer gets paid.
You only get paid if the tenant is good.
Why then do you think it is a good idea to use the lawyer drafting the agreements as the property manager?
We need a system with structure to fix these problems. That's why I follow @Hubforrenters
A platform designed to bring structure, accountability, and transparency into renting.
When incentives align, disputes reduce.
When data exists, trust follows.
We’re still building and building in public.