Losing Money to Be a Tycoon c1-883
Page 303
Buying a building could quickly consume a large amount of system funds. At present, Pei Qian’s starting sum was 20 million yuan. Fixed assets were converted to 10%, which meant that it was acceptable for Pei Qian to spend 60 to 70 million to buy a building.This apartment could be used for employee welfare at the same time. Pei Qian could move in and use the system funds to pay for it.
Decoration, purchase of furniture, daily cleaning, maintenance, utilities, etc… everything could cause more losses.
Of course, there were risks with it. The risk was that it would make profits if this brand became popular and everything rushed to rent it. Of course, Pei Qian thought of this issue earlier on and thought of a way to not make any profits.
First was room type, second was the price.
It could be seen from the floor plan on the mobile phone that the house in Jingzhou’s ‘Dawn of Prosperous City’ was a very rare ‘high-end floor plan.
“The sun never sets’ house type with 360 degrees daylight without any blind spots from east to west! The whole building had a cylindrical shape with sunlight during the day and moonlight at night. Combining the essence of heaven and earth-shining with sun and moon, it could be known as a fighter plane.[a]
Pei Qian wanted to complain when he saw the plan. This house was very suitable for sunflowers. One could go around the enclosure to bask in the sun every day and never miss a minute of sunshine. However, such a house type was very in-line with Boss Pei’s requirements!
[a]Is this an idiom? Please explain how this relates to the room.
Chapter 483 - I’m Buying This Building!
Manager Yang from the sales office was waiting for him at the main entrance of ‘Dawn of Prosperous City’. “Boss Pei! Welcome, welcome! I did not think that our small district would be of interest to you. I’m really flattered.”
Pei Qian was too embarrassed to tell Manager Yang the truth, facing such enthusiasm from him. He came entirely because of the strange layout of this house.
This house was discovered by Pei Qian through an accident. He felt that it was good immediately after seeing the floor plan. He then got Assistant Xin to contact this place and confirmed that he could come to see the house today.
Manager Yang naturally attached great importance to his visit given Tengda’s current reputation in Jingzhou.
“Boss Pei, shall we have some tea first, or shall we have a tour of the building directly?” Manager Yang asked. Pei Qian’s eyes did not leave the strange cylindrical-shaped building from the moment he got out of the car. “Let’s have a tour of the house first.”
Manager Yang nodded. “Okay, please follow me.”
Pei Qian followed Manager Yang while scanning the surrounding residential building at the same time. There were many buildings in ‘Dawn of Prosperous City’. Most of them were normal-looking and squarish, not any different from other ordinary communities.
Only this aloof cylindrical residential building was so unconventional.
It was in the center of the entire district. The characters ‘Dawn of Prosperous City’ was on top of the roof, showing its lofty status in this community. It was really possible for someone to be fooled if they were here for the first time.
However, Pei Qian did his homework.
This building had one unit per story, with an area of 248 square meters, five rooms, three halls, and four bathrooms. It had a total of 12 stories and had a height of 3.6 meters, higher than that of ordinary residential units.
If one looked at its floor plan, it would look like the circular mosaic pattern on the television when it was not broadcasting.
Pei Qian saw the post on the internet and saw many strange house types such as runway houses, sewer houses, toilet houses, warship houses, and so on.
Eye-opening and breathtaking… Pei Qian wanted to buy them so badly. Unfortunately, the names of such districts were not in the posts so he did not know where to find them.
Moreover, most of them were not in Jingzhou.
As a second-tier city, housing prices in Jingzhou were not high compared to the whole country. Developers were not short of land so the probability of creating such a strange apartment was not high.
Generally speaking, such strange houses would only appear in first-tier cities with limited space, where the utilization rates were squeezed to the extreme.
However, his hard work paid off. He finally found this 360-degree sunlight ‘sun never sets’ apartment near the company.
Such a house type did not seem to be an isolated case. Many other cities such as Beijing and Shanghai had such house types with sizes, ranging from 200 square meters to more than 400 square meters. The circles were getting bigger.
As for why…
Who knew?
Perhaps the developer bosses felt that whales would like such apartments.
Such an apartment was beautiful but not practical at all. It might look good from the outside, but one should reconsider. How troublesome would it be if the living room, bedroom, and study of a house were all irregular-shaped?
The space utilization rate of such a house would be very poor. It might have 240 square meters, but it might not be much different from a normal 200-square-meter room.
What was more, people would get sick of watching the same scenery no matter how good it was. Most people bought houses for comfort and practicality.
The original rental price of such a house was about 15,000 yuan per square meter, but it had since dropped to 12,000 yuan per square meter because it was not selling well. However, even so, such a price was now selling at around three million yuan.
Wouldn’t it be a great deal to a whale if he were to purchase such a huge house with three million yuan?
The current situation of such houses was that a whale would not buy it, and normal people could not afford it.
The entire district was almost sold out; only this building was still on sale on the internet. The developer would not be happy if there was too much of a decline in price. A potential buyer would not buy if there was not enough of a decline in price. Therefore, it entered a stalemate.
However, it fit Pei Qian’s requirements perfectly. It was also a kind of happiness, having one’s own unique needs so that one did not have to compete with the others!
Manager Yang led Pei Qian to a high-level show house and began his eloquent sales talk. Of course, not a single word entered Pei Qian’s ears. He knew very well that it was all in the bid to sell him the building.
There was no need for him to bother about these. The one who would bargain with Manager Yang was not him but Assistant Xin.
Pei Qian felt good as he toured the place.
It was a 240-square-meter house, with windows 360 degrees around him. It was well-renovated and decorated. In any case, it was better than the ordinary rented apartment he was living in now. This type of house was not selling well, not because of poor quality or flaws, but mainly because of the layout. This resulted in the low price-quality ratio. There were too many better options at the same price.
The harder Manager Yang tried to sell, the more certain Pei Qian was that such a place was difficult to sell.
All the more he should buy it if that was the case!
Manager Yang and Pei Qian’s requirements matched in such a strange way.
Manager Yang spoke so much that his throat was hoarse after half an hour. He stopped to drink some water while trying to dissect Boss Pei’s expression. He could not dissect anything
On the one hand, Boss Pei seemed to have seen through him and knew about the situation of this house; on the other hand, Boss Pei seemed to be very interested in this house.
These two contradictory expressions appeared on Boss Pei’s face at the same time so Manager Yang did not know what Boss Pei was really thinking about.
Pei Qian thought about it for a while before asking. “How many units have people living in them?”
Manager Yang’s heat sank. ‘This is bad!’
Boss Pei asked such
a sharp question!
In fact, only three units were sold so far, accounting for a quarter of the entire building. Moreover, most of these owners regretted their decisions and were trying to sell them.
What was the intention behind Boss Pei’s question?
Could he have seen through the true situation of this place and deliberately asked this question to hint me to lower the selling price since it was not popular?
Manager Yang struggled a little within, but he did not dare lie because such things would not be able to hide for long.
“Boss Pei, rest assured that we have ample availability of our houses. You can pick which level you want…”
Manager Yang decided to reply in a roundabout manner.
n wa
ym
Pei Qian frowned. “My question was how many units have been sold.”
Manager Yang realized that he really could not pull wool over his eyes and had to tell the truth. “Three units.
“Boss Pei, our units are high-end. Ordinary people will not be able to afford them. The owners of these three units are all successful locals of Jingzhou. Of course, they are still far behind you, but…”
Pei Qian raised his hand and interrupted Manager Yang
“Please inform these three owners that I intend to buy their units as well. I hope they can move out as soon as possible. I can even pay for their moving expenses.”
Manager Yang, “?”
He froze for a moment. “Uh, Boss Pei, the units of the other floors are also on sale. You do not need to…
“Wait, Boss Pei, you mean…”
Manager Yang showed an extremely shocked expression. He had correctly understood the meaning behind Boss Pei’s words but was afraid to confirm it.
Pei Qian nodded. “That’s right, I want the entire building!”
Manager Yang was dumbfounded with tears gleaming in his eyes. Boss Pei’s figure seemed to be exuding brilliance at that moment, reminding him of the savior.
In the afternoon…
Pei Qian was drinking tea leisurely in the office when Assistant Xin returned. It seemed like she had reached preliminary consensus after an afternoon of negotiations.
“Boss Pei, the three families were very dissatisfied with the layout of this apartment so they all agreed. They can all buy new houses with this money. They were more than happy.
“You said that you hope they can move out as soon as possible so I arranged a moving company to settle their moving for all three units and will reimburse them for the cost of staying in the hotel while they look for a new home.”
“As for the price, the average price per is 12,000 yuan per square meters, 248 square meters, and 12 floors. Since we are buying the entire building we received 10% off and rounded down to the millions. The final price is 32 million yuan.
“We’ll finalize this figure if you think there is no problem.”
Pei Qian nodded. He had 100% confidence in Assistant Xin’s negotiation skills. Buying such a building with such a house type with 32 million yuan was not entirely a loss.
Pei Qian only spent half of the money that was profited from the movie. The reason was simple. He wanted to test out his theory to see if the Sloth Apartments could indeed make a loss.
He would spend the rest of the money after confirming that point. Other than that, Pei Qian found a great method of burning money. Renovations and decorations! A building like this was considered a fixed asset. It would still be 3.2 million yuan after the 10% conversion which would affect settlement. Pei Qian expected the fixed assets in his hand would reach 90 million yuan at best for this cycle. It would not be so convenient to make losses if it were to exceed 100 million yuan.
However, renovation and decorations could be spent at will!
For example, purchasing expensive furniture, decorations, home appliances, etc. would not affect the settlement. Of course, Pei Qian did not dare go as far as to buy a full set of top-brand luxury furniture. This place would become famous in no time if he were to do that. It might even attract all the local whales in Jingzhou. That would become a huge risk.
Ming Yun Private Kitchen was a good lesson.
Therefore, Pei Qian’s target was to spend as much money on renovations and decorations without becoming too showy to achieve a perfect balance. Simply put, the balance would be: the rich look down on it while the poor could not afford it.
It would be best for the Sloth Apartments to be stuck in this awkward position!
Chapter 484 - A Constructor that Fits the Bill
April 13th, Wednesday…
Liang Qingfan was stepping onto Jingzhou soil for the first time. He curiously looked out of the window to appreciate the scenery.
The chauffeur-who Tengda had sent to pick him up-drove very well, and he was very stable. Liang Qingfan figured that he would meet Boss Pei of Tengda very soon.
At that thought, Liang Qingfan could not help but feel excited.
At the moment, he was working at Gaoling Construction and Design Co., Ltd.
Gaoling Construction and Design Co., Ltd was a first-tier construction and design company in the country. It mainly did design work like space planning, styling, applying techniques, and the like. It could also do floor plans, product placement, architecture, landscape design, indoor design, and soft renovation design.
The company’s actual design portfolio included various spaces for rest and entertainment like showrooms, sales buildings, clubhouses, shopping malls, and hotels. It had also produced over a thousand building designs for first-tier real estate companies in the country and was very reputable in the industry. The company’s founder, Zhou Nanling, had received various local and foreign building and construction awards. He had also starred on a reality show before and was referred to as ‘a magician’.
Zhou Nanling had also turned an extremely small apartment-measuring 12 square meters big, 5.1 meters tall at the highest point, and 3.1 meters tall at the lowest point-into a house with two rooms, one living room, and one bathroom. Every inch of the space was utilized, and it was good enough to fit four people.
Although he had done the renovation for an ordinary family on the reality show, ordinary families would not be able to afford a designer of his caliber in real life.
Zhou Nanling and Gaoling Construction and Design Co., Ltd. ordinarily only accepted assignments worth more than a million yuan. For instance, they would renovate high-end hotels, design shopping malls, or design showrooms for huge real estate companies.
Yesterday afternoon, the company received a phone call from Tengda Corporation, one of the most famous companies in Jingzhou. Tengda Corporation wanted to create a brand named ‘Sloth Apartments’. They wanted to enter a long-term business partnership, and so they invited one of the architects to Jingzhou.
Zhou Nanling had intended to ask one of his subordinates, an experienced architect, to make the trip. However, Tengda Corporation had requested for an architect under thirty years old, who would understand what young people wanted.
The request was quite ridiculous.
In the industry, architects were required to have a lot of experience. The older they were, the better. Architects under forty years old could be considered relatively young, and it was extremely rare for architects under thirty years old to become famous.
Although Tengda Corporation’s request was strange, Gaoling had to do whatever it could to fulfill its customers’ requests.
Thus, the 27-year-old Liang Qingfan was given the precious opportunity to make a trip to Jingzhou and work on such an important project on his own.
Liang Qingfan had already heard about Tengda Games because he had played Ocean Stronghold before. Thanks to Tomorrow is Beautiful and the Otto cell phone, he recently discovered that Tengda Corporation did not only work on games but also had other businesses.
After conducting a search on Qiandu and looking through TPDb, Liang Qingfan discovered that Tengda Corporation had many different businesses!
Liang Qingfa
n became even more emotional after he read about Fish-Catching Internet Cafe and Ming Yun Private Kitchen. He could not help but fantasize about what would happen if everything went well this time. Perhaps he would be given more designing work from all the businesses and thus develop a deep working relationship with Tengda Corporation!
If that really happened, perhaps he would be able to make a name for himself in Jingzhou and set up his own building and design company there.
Liang Qingfan was filled with hope for the future.
“Mister Driver, are we going to meet Boss Pei now?” Liang Qingfan asked.
Little Sun shook his head. “No, Boss Pei has already arranged for you to settle down in the hotel and get some rest first. You will meet Boss Pei tomorrow to talk about work.” Liang Qingfan quickly said, “There’s no need. It’s still noon, and it’s still early. What’s more, I didn’t bring much luggage with me. I only have one suitcase.
“If it’s convenient for Boss Pei, I would like to meet him immediately to discuss the project. Only then would I be able to relax.”
Little Sun pondered for a moment and then said, “Alright, then. Please wait while I call Boss Pei.”
Little Sun parked the car by the side of the road, dialed Boss Pei’s number, and spoke a couple of sentences.
“Boss Pei has agreed. I’ll send you directly to Jingzhou Dawn of Prosperous City, then.”
Half an hour later, Little Sun drove Liang Qingfan into the Dawn of Prosperous City. Pei Qian was already waiting at the entrance of Sloth Apartments’ unique-looking building.
Liang Qingfan quickly alighted from the car and walked up to Boss Pei. “Boss Pei!”
“Mr. Liang!”
Both of them greeted each other warmly as if they had been friends for a long time.
Pei Qian sized Liang Qingfan up and was extremely satisfied with his age. Pei Qian had expended a lot of effort in finding a designer who fit his requirements.
Although he could spend a lot of money by hiring a famous designer, he would also attract a lot of unnecessary attention. Zhou Nanling was a renowned designer. If Pei Qian hired him, he would be able to get rid of a huge sum. However, he would also be creating a golden signboard for Sloth Apartments.