Only after being reborn did I realize how fascinating the world of the rich is.
Chapter 175 I myself am also buying houses!
At the Jiang family's villa, the entire Jiang family was having a great time, welcoming Jiang Xueying together. Li Xiaofeng also shamelessly joined in.
He now has a more compelling reason to come to the Jiang family than before. In addition to his relationship with Jiang Xueying, the Jiang family is now also one of the shareholders of his company. Isn't it only right for him to talk to the shareholders about the company's recent development?
After all, although the money came from President Jiang, the shareholder is Jiang Xueying. Therefore, it's not unreasonable to report to the real shareholder!
"Dad, you've recently embezzled a large sum of money from the company. What did you do with it?"
Mr. Jiang coughed lightly and said to Jiang Chengye beside him, "Xiaoye, I was just about to tell you about this. It's like this: Xiaofeng came to see me yesterday and asked me to invest in his advertising company."
As you probably know, Xiaofeng's advertising company has been doing very well lately, with a strong growth momentum. I thought this was a good investment opportunity, so I invested this money in Xiaofeng!
Jiang Chengye glanced at Li Xiaofeng and said with some resentment, "Dad, our company needs money to develop. Land prices are getting more and more expensive, and development costs are rising. Why are you still investing money in outsiders?"
Mr. Jiang frowned slightly and said earnestly, "Xiaofeng is no longer an outsider in our family. Besides, your sister is still in school, but she's not young anymore."
I've already put this investment in her name; consider it her dowry. How she handles the money in the future is her own business. As her older brother, you must be sensible, understand?"
Jiang Chengye said expressionlessly, "Dad, what are you saying? Our family definitely includes my sister. If she ever has any difficulties in the future, she can ask me for help. As her older brother, I can't just ignore her."
I just feel that I have no complaints about my sister spending any of the Jiang family's money, no matter how much. But if she gets love-struck and spends the money on someone else, I think that's not worth it!
Mr. Jiang frowned even more deeply and said somewhat irritably, "Your sister is an adult now. Don't treat her like a child. Do you want her to keep asking for money?"
"The Jiang family's daughter isn't a beggar. If she squanders all the money, that's her own problem. But for my woman to have to ask others for money to spend, that's my problem!"
Hearing his father's somewhat harsh words, Jiang Chengye quickly smiled apologetically, "Dad, what are you saying? I didn't mean it that way. As long as it's money for Xueying, no amount of money is a problem for me..."
"Alright, alright, don't say that to me anymore. This matter is settled. By the way, have you thought about the company's next steps?" President Jiang changed the subject rather rudely.
Jiang Chengye quickly replied, "I'm currently trying to acquire land actively. In addition, I'm doing my best to promote our properties. If we can't acquire land in the next step, I plan to diversify the company's development."
I currently have two development directions: one is a property management company, and the other is a real estate agency. Both projects have already started and are developing steadily!
President Jiang nodded, agreeing with his son's words, but he glanced at Li Xiaofeng, who was eating in silence and occasionally exchanging glances with Jiang Xueying, and couldn't help but ask, "Xiaofeng, do you have any good suggestions?"
"what?"
Li Xiaofeng's attention was entirely focused on Jiang Xueying, and he didn't hear what the father and son were talking about at all.
So, Mr. Jiang patiently repeated what he had just said.
Li Xiaofeng said with a smile, "President Jiang, if I were you, I would stop selling all the real estate I have on hand right now, not a single unit!"
Jiang Chengye sneered, "What do you know? Capital needs to circulate. How can we make money if it doesn't circulate? Besides, so many people in the company are waiting to eat. We can't just let them sit idle!"
Li Xiaofeng sneered, "You really are a socially responsible boss. If you don't start work, your subordinates will starve to death, right? Then do as you say!"
"Xiaoye, be more humble and listen to what he has to say. Xiaofeng started from scratch. If he had your resources, he would definitely do better than you. Xiaofeng, please continue!"
Li Xiaofeng said irritably, "I don't even want to talk about it anymore. This is called business consulting. In those big consulting firms, my words would be worth hundreds of thousands!"
I'm offering to teach people for free, and they don't even want to listen. Why should I bother offering to help them... Ah, Xueying, that's not what I meant. Don't pinch me, okay? I'll explain!"
Jiang Xueying glared at him irritably and continued eating with her head down.
Li Xiaofeng cleared his throat and said irritably, "I'll only say it once. Listen if you want, or don't!"
Then, he said seriously, "The real estate market is generally on an upward trend. Since it's already difficult for your Jiang family to acquire land, you might as well hoard houses and make higher profits through the appreciation of fixed assets."
As you probably know, the money I've made in the past two years has come from hoarding houses, and those properties are still in my hands!
Mr. Jiang asked with some doubt: "But our cash flow is not enough to last for too long. We must sell these properties to obtain funds."
Besides, Xiao Ye already said that so many people in the company are waiting for their meals!
Li Xiaofeng sneered: "I can start a business by hoarding houses with just a few million, how could you possibly not be able to? Now you can even offer zero down payment, right?"
Go set up an investment company right now, and sell all your company's real estate to the investment company. That way, you can get all your funds out of the market.
Pay off all previous debts, use the bank's money to hoard houses, and rent them out as much as possible to reduce loan interest losses. In this way, you can use the bank's money to do the business of hoarding houses.
As long as you calculate your funds carefully and set aside enough money to cover the monthly mortgage payments for two years, you can use the remaining money to start other businesses.
Whether you continue acquiring land, increase your housing stockpiling, or even target those lousy property management companies and real estate agencies, it's all up to you. This way, you can maximize your capital and profits!
Jiang Chengye couldn't help but retort: "What you're doing is too risky. If the housing prices drop, our Jiang family will be finished!"
"I myself am also buying up houses!"
After saying that, Li Xiaofeng ignored Jiang Chengye and started chatting with Jiang Xueying next to him, intending to go to her room to report to her privately.
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