Starting with 800 Million to Spend

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She transmigrated into a bo...

Chapter 119: Prepare in Advance

Chapter 119: Prepare in Advance

120 first come dozens of sets (the title cannot be changed, the content has been updated)

Lin Ruoyan is certain that Jinshi will find a buyer soon because it has already undergone a massive demolition campaign, far more aggressive than in Beijing. During that period, nearly 5 million square meters of old housing were demolished, and over 300,000 people were displaced. The city's appearance has noticeably improved, and the public's mentality has improved. By September of the following year, when Li Yiqi visits Jinshi, the monthly commercial housing sales in the city have surpassed 1 million square meters.

The things described in the book, especially the economic development trends, are relatively reliable and accurate. The development rhythm of the overall environment will not be changed because the male and female protagonists have no chemistry or their personal stories change.

Although real-world housing prices in Beijing will likely rise even more dramatically than those in Tianjin in the next few years, buying a property in Tianjin's core value-preserving areas for 2,000 to 3,000 yuan per square meter this year and selling it next year for 4,000 to 5,000 yuan would still yield a 40% profit after deducting transaction taxes and fees—a quick buck. Such a high return, even more outrageous than Xu Lifeng's Ponzi scheme website, actually happened.

"Let's buy a house. Please help me find a villa in Jinshi that's both expensive and good, ready-to-move-in, and in a good location. It's a project I can spend 30 million on." Lin Ruoyan opened her mouth and made a bunch of requests to the prodigal system.

These requests sounded like a perfect fit for a spendthrift. The host wanted to buy a house, and a lot of it. It was perfectly acceptable to choose a good quality one, but they also wanted one that was expensive. How could he refuse? The spendthrift system happily went to work.

Lin Ruoyan also fully understood how to use the wasteful system. In the future, when buying expensive things, she no longer needs to find a consulting company, but can just ask the wasteful system more questions.

Her plan was clear, but the actual execution was a bit difficult. The wasteful system quickly fed her some project information: all new villa developments in prime locations in Jinshi. However, a good villa like that only cost one or two million yuan. She wanted to spend thirty million yuan, which would require dozens of villas. Buying them one by one seemed like a real hassle.

But buying an old, dilapidated, school-district apartment in X District, Beijing, right now might be cheap, but at around 100,000 yuan, it would take seven or eight years for the concept of school districts to become more popular before the price increases. Really old, dilapidated, and small apartments are also hard to sell, and the rents are ridiculously low, making it a bad deal. The next batch of high-quality apartments that Lin Ruoyan would like wouldn't be ready for another two years. If she could make it until next year, she could start buying the newest, most expensive apartments in Beijing and Shanghai.

Suddenly, she slapped her forehead again. She was really stupid! Couldn't she just use the 30 million to speculate on the pre-sale properties of her own luxury home?

The quality of her own mansion was undoubtedly impeccable, and she had reserved one for herself, her son, her brother, and the two elders of the Yu family. She could buy it at cost price after it was properly built. This month, she would take out 30 million and buy ten units, and then sell them to others next month. Maybe she would see some profit.

So Lin Ruoyan called Lu Gan over and asked how many units he would be willing to buy if he were to invest in the property purchase. Since the boss was personally participating, this had to be discussed in secret. Otherwise, he'd be exposed and criticized. Upon inquiry, it turned out that Lu Gan already had over twenty potential clients on hand.

In other words, if they wanted to release ten apartment numbers each month, starting in August, there wouldn't be enough for all the customers. If Lin Ruoyan were to take up a spot herself, they would have to release even more numbers. They really needed to figure out how to control the number; they couldn't offer too many, as that would appear insincere.

"I will definitely buy five sets for myself and my relatives and friends to live in, and the other five sets will be sold to others in the future." Lin Ruoyan said casually, as if she was buying cabbage for winter storage at a few cents a pound.

Lu Gan thought, if the boss wanted to buy a house, it would have to be at cost, and he'd have the final say on which one to choose. This was completely different from buying ten units now. The boss had asked him to release a certain number of units, considering the impact of a large volume on subsequent sales. The boss was truly kind and thoughtful, always considering him. He was worried he'd have no customers initially, so he planned to pay out of his own pocket to alleviate his sales pressure.

However, the units were much more popular than expected. He had originally wanted to sell them for three million yuan each, but unexpectedly, customers who were lower in the queue got wind of the deal and started bidding higher just to get in first. This so-called bidding increase meant they were willing to pay a higher deposit percentage, such as four or five million yuan.

Lu Gan's mind raced, and he said, "How about, Mr. Lin, you circle out the five units you're keeping for yourself now and keep them as unsaleable, to prevent them from being taken advantage of by other bosses. As for the other five units, you can buy them this month and sell one or two each month, so that you can make a steady profit over time."

Lin Ruoyan was originally worried about buying too much at once and affecting sales, but seeing that Lu Gan seemed to have a plan in mind and even offered her advice, she couldn't afford to act recklessly. Five units would be enough; she could spend 15 million upfront. With the remaining 15 million, she called Qin Shuang over and made a list for her. This was a list of well-known luxury villa projects currently for sale in Jinshi, compiled by the wasteful system.

Lin Ruoyan asked Qin Shuang to take a closer look at the Meijiang project. If it was suitable, they could spend 15 million to buy one project to facilitate docking and management.

Meijiang is the future wealthy area of ​​Jinshi. There are many villas and high-end high-rise apartments along the lake. The landscape has inherent advantages. The property management of the projects developed by well-known developers is also very good, and it will appreciate the fastest in the future.

After accepting the assignment, Qin Shuang quickly conducted research and immediately discovered a new project. It turned out that the list his boss had provided actually included a new property in Meijiang that met his needs. The sales agent also wanted to speculate on the property numbers, aiming to build momentum this month before the sales launch next month. However, the developer and the agent were still short on funds, hoping to bring in a major investor to capitalize on the hype and create a sell-out phenomenon within three days of opening.

Lin Ruoyan, the mysterious wealthy out-of-towner, is a perfect fit for this role. If she buys a few large villas, averaging between 600,000 and 800,000 yuan per villa, she'll definitely be able to raise the price by 500 yuan per square meter when the property officially opens next month. For example, if she buys for 750,000 yuan, she'll be snapped up for 900,000 yuan when she sells.

After hearing the news, Lin Ruoyan paid a professional company to investigate the background and funding of the project. She took the project introduction to study it herself and was relieved when she confirmed that this was the big villa that Li Yiqi was amazed about when he went on a business trip to Jinshi next year.

She said, "Qin Shuang, please help me buy a house in Jinshi this week. I have already written the power of attorney."

"Okay. Mr. Lin, which units do you want to buy? Circle them on the master plan." Qin Shuang asked seriously.

Lin Ruoyan casually drew a big circle on the master plan and said, "This one faces the lake, so the view is pretty good. Can you help me buy about 20 units? Pay in full, and just spend the entire 15 million on me."

"Twenty, twenty?" Qin Shuang stuttered. One could imagine her own expression at that moment. It was just like when she first met Lin Ruoyan. She'd never bought just one Siheyuan apartment. She'd thought she'd gotten used to such a wealthy boss, but now she realized she was too naive.

So she consoled herself, thankfully the boss hadn't circled a few buildings on the master plan that he didn't want to buy, buying the remaining nearly 100 units. While the boss certainly had the financial resources, he had at least restrained himself, choosing only locations with good views and only buying 20 units.