Only after being reborn did I realize how fascinating the world of the rich is.
Chapter 133: Winning over two roommates and deepening their relationship.
Hearing Li Xiaofeng speak with such confidence, Cheng Zhiyuan asked again, "What are you planning to invest in next?"
"Of course it's the advertising company I own. I've already approved a loan from the bank, and I estimate I can get 70 million in funding."
I plan to use 50 million of the funds to invest in an advertising company, and the remaining 20 million as reserve funds to cover mortgage payments on real estate and other miscellaneous investments.
Cheng Zhiyuan was somewhat disappointed and asked with a hint of doubt, "Third brother, are you out of your mind? Advertising companies rely more on personal connections and human resources, which can't be bought with money!"
I advise you to be more cautious. Don't let the money you've worked so hard to earn be lost again. I think it would be more reliable for you to increase your investment in the real estate market!
Li Xiaofeng smiled faintly, looking mysterious, and said, "It's just that everyone's perception is different. No one can ever earn money beyond their understanding."
Lu Zhendong, who was standing to the side, asked with some curiosity, "Third brother, do you think the housing market will rise as much as it has this year next year?"
"My personal estimate is that prices will continue to rise, but certainly not by too much. You know, housing prices have already risen too much this year."
For housing prices to continue rising, the market needs a period of consolidation to digest the current situation before it can have the strength to continue increasing.
Lu Zhendong looked somewhat disappointed and sighed, "Oh, I see. If only I had joined you in speculating on real estate last year!"
Li Xiaofeng smiled and said, "Second brother, even in speculative business, you shouldn't be like this. Just thinking about making a big profit in one go is definitely not going to work. You have to catch both big fish and small fish at the same time."
After all, it's impossible for someone to be too accurate in judging market conditions, which just happened to let you catch the big fish.
Another point is that real estate speculation is fine when the volume is small, but once it reaches a certain scale, buying, renting, and selling all require a long period of time.
Each cycle lasts at least six months and can take up to a whole year.
For example, the properties I bought generally take more than six months to rent out.
Take selling as another example. If the market is good, it will be easier to sell. But if the market is bad, you won't be able to sell it even if you offer a discount, let alone a year or two.
While real estate speculation is indeed easier to operate than other businesses, it's not as easy as you might imagine.
More importantly, this business requires precision and ruthlessness, relying more on information and decision-making than ordinary businesses; therefore, it carries greater risk than most businesses.
Lu Zhendong's eyes darted around, and he leaned closer with a grin, whispering, "Third brother, how about we work with you? If you buy, I buy; if you sell, I sell. Is that okay?"
Cheng Zhiyuan also joined in, turning his gaze to Li Xiaofeng.
Li Xiaofeng smiled and waved his hand dismissively, saying, "Of course we can. We're all brothers. If we find a good business opportunity, we should share it together. The market is so big, and one person can't earn all the money in the world."
But how much funding can you mobilize for this? And do your family members even agree to let you do this kind of thing? Wasn't the fourth brother already sealed away by his family?
Cheng Zhiyuan smiled and said, "That's what they say, but my family is worried that I'll get into trouble outside and spend too much energy on it, which will interfere with my studies."
However, real estate speculation is relatively simple to do. I can try to communicate with my family about it. We shouldn't go too big at first; we should start with small-scale trials.
"Once I've made some money and have enough credibility with my family, I'll then increase our investment together. What do you think?"
Lu Zhendong, who was standing to the side, nodded quickly: "That's what I was thinking too, Third Brother, do you think this will work?"
Li Xiaofeng smiled and said in a very bold tone, "Why not? You decide how much to invest; I won't interfere."
However, there's one thing I want to make clear upfront: I can communicate with you in advance about when to start buying and when to start selling, and I won't charge you any fees or benefits.
However, you should understand one thing: no business can guarantee absolute profitability. If you lose money, don't blame me!
"No, absolutely not. I'm already very grateful that you helped us brothers out. How could I possibly blame you?"
"That's right, I, Cheng Zhiyuan, am making this clear from the start: even if we lose money, we'll still be good brothers!"
The two were overjoyed and quickly made their promises.
In fact, Li Xiaofeng wasn't being overly generous; he genuinely gave away his money-making business secrets, acting as a selfless and kind-hearted person.
The main reason is that there are many smart people in this world, and now that the real estate market has truly started to take off, many people have inevitably seen business opportunities in it.
Speculating on real estate is no longer a trade secret!
Before long, buying a house may require queuing and entering a lottery. Even if you have a lot of money, you may not be able to buy a house. After all, the threshold for speculating on real estate is too low, and it is too easy to get started.
Sharing a business opportunity that is no longer a trade secret with your brothers can strengthen your friendship and improve your social standing—it's actually a very worthwhile deal.
The three chatted happily, and Lü Zhendong started gossiping with Li Xiaofeng and Cheng Zhiyuan.
"Third brother, fourth brother, did you know? Boss Cao won the bid?"
"What do you mean by winning the bid? Does it mean you've taken over a huge construction site?"
"What big construction site? He was out having too many fun and contracted a sexually transmitted disease. You wouldn't believe it, when I heard the news I laughed so hard I almost couldn't stand up straight!"
I used to envy him a little, being able to live a carefree life in society, but now it seems that school is safer. Those girls aren't so easy to pick up!
Cheng Zhiyuan asked with a half-smile, "Second brother, what about that little fat woman? I think her name is Shen Jiayi. Do you want to settle down with her?"
Lu Zhendong sighed, looking somewhat distressed, and said, "I've been stubbornly holding on until now, but I guess I'll have to compromise with my family. Otherwise, how could they possibly give me money to speculate on real estate?"
Cheng Zhiyuan said with a grin, "Actually, I think you two are quite a good match. Don't always look down on her figure. You're chubby yourself, and your figure isn't much better!"
"The two of you together remind me of a pair of chubby little guinea pigs; it's kind of heartwarming and I can picture it vividly!"
"Go to hell!" Lu Zhendong said with a sullen laugh.
It's clear that the relationship between the two of them and Li Xiaofeng has progressed further than before.
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