Chapter 420 Putting Money in Sacks shuhaige.net



He Wenlin said, "I will take Sister Mei with me to complete the procedures and pay the money."

Putting aside the Tan Mingyuan incident, Hu Meiling is strong in other aspects.

“I’ve been there once before, so I know the way well. You really don’t need to worry,” He Wenlin said. “Just please keep an eye on things while I’m away. If anything happens, call me immediately.”

"You've bought so much land; building houses in the future will cost a fortune. How much land have you bought in total?" Mr. He asked.

"You know about the two plots in Shaocheng, then two plots in Zhenzhou. The two plots in Zhenzhou together are two mu (a Chinese unit of area, approximately 0.165 acres). The two plots in Dongguan are smaller, only a little over 300 square meters. When it comes to building houses in the future, priority will be given to the plots in Zhenzhou."

Shenzhen is, after all, a special economic zone, and it has developed rapidly. It is known as the second capital of Hunan Province, attracting many people from other places.

The sooner it's built, the sooner it can be rented out and the sooner money can be made.

In other regions, if there's no money, we'll postpone it for now, but we definitely need to buy the land, because it will be more expensive to buy it later.

He Wenlin continued, "My plan is to start construction in Zhenzhou next year. Each building will be more than ten stories high. How many buildings can we build with our current land? If we rent them all out, how much rent can we collect? Let's say each floor is an average of 160 square meters, with six rooms per floor."

Aunt He took out a calculator and pressed a few keys: "Those two acres of land can build eight houses!"

Mr. He shook his head and said, "Not that many. There will definitely be some space between the houses. About six buildings should be enough."

"A ten-story building, six units per floor, that's sixty units per building, six buildings would be three hundred and sixty, and if each room rents for two hundred, that's... seventy-two thousand!"

When this number was mentioned, even Mrs. He exclaimed in surprise.

The rest of the He family were also dumbfounded!

He Wenlin smiled calmly and said, "If we build a fifteen-story building, that'll be 540 units. The rent will be 108,000 a month. Isn't that easier than selling fast food? At that time, Grandma, Mom and Dad, you can just focus on traveling the world and spending money."

When they did the math, Mr. and Mrs. He were so excited, they were practically bursting with energy.

Grandma He laughed and said, "If there really is that much rent, then we'd have to carry sacks of money every month!"

“A hundred thousand yuan isn’t quite enough to fill sacks yet, but if I keep buying land and building, then 999 apartments, let alone 999, won’t be a problem. At that point, we’ll need to hire a few people to collect rent, so we don’t miss out on some.” He Wenlin said, “However, achieving this goal will put a lot of financial pressure on us in the early stages, so you all have to cooperate with me wholeheartedly.”

“Even if we cooperate with you, we won’t earn enough money to build the building next year. A fifteen-story building, let alone installing elevators and interior decoration, even the frame alone will cost a lot of money. How can we cooperate with you?” Mr. He said. “Are you thinking of taking out another loan?”

Aunt He: "We still owe so much money to the banks and credit unions, would they be willing to lend us more money?"

"We have a lot of orders, and they are almost all in place. As long as our food factory can successfully distribute our products to Haoduoduo and reach the stores this year, we can easily achieve a turnover of four million yuan from the end of December to the Lantern Festival."

A factory with annual sales of several million has many banks cooperating with us.

And don't forget, I still have Master He. Master He is a separate company, and the two stores together generate a monthly turnover of 100,000. Next year, getting a loan of over a million shouldn't be a problem.

Don't be afraid of owing the bank money; the banks should be the ones worried. Think about it, over 100,000 yuan in rent per month! That's pure profit; no business makes as much money as this. And we'll start construction next year. Construction, renovations, plus two months of vacancy to air out—it'll take at least two and a half years before we can rent it out. By then, the rent will be more than 200 yuan a month.

He Wenlin will not provide refrigerators or air conditioners in the rooms, but beds, cabinets, tables, chairs, and water heaters will all be provided.

With such rental standards, including a single room with a kitchen and bathroom, and an elevator building, it would have cost at least 300 yuan to rent around 2005.

“We’ll listen to you. Whatever you say goes. After all, you’re the one who earned the money,” said Mr. He.

Aunt He said, "Just one thing, be careful not to get scammed."

"Don't worry, there won't be any problems."

...

The next day, He Wenlin handed over her work.

I flew to Zhenzhou on the 28th.

He Wenlin didn't notify Hu Meiling to pick her up at the airport this time. Instead, Jin Haichao brought a second-hand minivan to pick up He Wenlin.

After getting off the plane, the two found a small restaurant in the city and had a meal. Then Jin Haichao took He Wenlin to see the land, pay the money, transfer the ownership, and complete various procedures.

It took more than a day to finish, because I bought a lot this time, and they were distributed across two districts.

That evening, He Wenlin and Jin Haichao checked into the same hotel they had stayed at before.

I had just checked in and returned to my room when Hu Meiling called.

"Linlin, why didn't you call me when you came to Zhenzhou? Are you still angry with me because of what happened last time?" Hu Meiling asked bluntly.

"No, it was Attorney Jin who picked me up. I figured he would be there, and you're so busy, so I didn't contact you. If everything goes well here, I'll only stay for two days at most."

“You’ve only known each other for a few days, and you don’t know much about each other’s backgrounds. You might not be able to trust them, so you should be careful,” Hu Meiling said. “Where do you live?”

"I'm staying at the same hotel I stayed at last time."

"Then I'll come to see you first thing tomorrow morning, and I'll go with you to run some errands."

"Over there..."

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