Only after being reborn did I realize how fascinating the world of the rich is.

Due to the continuous rise in stock price, Li Xiaofeng's shares in Wanzhong Media have increased in market value from the original 18 billion yuan to 30 billion yuan. With the help of Liu Shasha, he also obtained a loan of 15 billion yuan from the bank.

The reason why the proportion of loans is relatively low is that stocks are not as valuable as fixed assets, and their value fluctuates too much, far less than that of fixed assets such as houses and land.

Another reason is that after these stocks are cashed out, a capital gains tax of 15% to 20% needs to be paid abroad, which is similar to our corporate income tax, but lower.

Therefore, he was already quite satisfied that he could get 15 billion yuan from these stocks as collateral.

Business people prefer to take out loans rather than cash out to do business because they understand that stocks can grow while the money they borrow can also appreciate in value.

As long as you grasp the direction of your business and have stable projects, the profits you earn will far exceed the interest from the bank. Only ordinary people would lament that a mortgage of twenty or thirty years would incur so much interest.

Of course, this is also because most ordinary people don't have many good investment channels besides working.

But Li Xiaofeng is different. He has some memories and knowledge from his past life, which makes him more forward-thinking than ordinary people.

In this era, the easiest industry to make money in is real estate.

Ordinary people believe that the biggest advantage of real estate is its huge profits, but this is not true. When a real estate developer develops a property, the gross profit margin is only 20% to 30%, which is similar to most other businesses.

The biggest advantage of real estate is that they can easily expand their business to a scale that ordinary businesses can hardly reach.

For example, in the electric vehicle industry that Li Xiaofeng is now going to work in, several leading electric vehicle manufacturers have been quietly working in the market for many years, and their annual sales are only around 200,000 to 300,000 vehicles, with total sales revenue of less than 1 billion yuan.

In Shanghai's real estate market, it's common to find developments that generate over 1 billion yuan in sales. Large real estate companies have long exceeded 10 billion yuan and are now aiming for 100 billion yuan.

Therefore, Li Xiaofeng planned to invest all of the 15 billion yuan he borrowed from the bank into the real estate market.

With the government's crackdown on the real estate market, Shanghai's housing prices plummeted from a peak of 9000 yuan per square meter to 6300 yuan per square meter, returning to the level of early last year.

Although the down payment for real estate has increased from 20% to 30%, which means the bank's leverage is only a little over three times, real estate speculation is still more profitable than other industries.

Therefore, Li Xiaofeng decided to take advantage of the fact that housing prices are currently at their lowest point and use his large sum of money to re-enter the real estate market.

In Liu Shasha's bedroom, when Li Xiaofeng told her that he was going to invest most of his funds in real estate speculation, she was quite shocked.

"What? You want to buy real estate worth 40 billion yuan?" Liu Shasha was dumbfounded.

Li Xiaofeng kissed her cheek and said casually, "I've calculated it. With a 30% down payment and an investment of 12 billion yuan, you can buy 40 billion yuan worth of real estate."

"I'll keep the remaining 3 million to pay off bank loans and the monthly mortgage payments on this 40 billion yuan property. Combined with income from my other businesses, that should be enough to get by."

"How is that possible? You can't sustain it. Just the interest on those 15 billion yuan bank loans alone will amount to 1 million yuan every year."

In addition, the properties you purchased this time are all commercial residential properties, which have a significantly lower rental yield than office buildings.

Without considering rent, the monthly mortgage payment would be 1.8 million yuan per year. Even if rent is included, and considering the low occupancy rate in the first year, the monthly mortgage payment would still be 1.5 million yuan per year if averaged over two years.

Do you know what this means? It means that you have to put in at least 2.5 million yuan every year, and the 3 million yuan you have can only last for a little over a year.

Although I'm not entirely clear on the profitability of your other businesses, I'm certain that without at least 200 million, it definitely wouldn't last two years!

Even if you manage to hold out for two years, what will you do in the third year?

Li Xiaofeng kissed her cheek again and said with a smile, "Sister Shasha, don't worry, there's always a way out. If I really run out of money, I can sell some of my real estate."

Furthermore, I plan to reduce my holdings in Wanzhong Media in a year. Selling just a small portion will be enough to cover the monthly mortgage payments and interest.

However, Liu Shasha's face was still full of worry.

Li Xiaofeng smiled and said, "What's wrong? Do you feel that 40 billion yuan in real estate brokerage fees is too much for you to handle?"

Liu Shasha nodded, saying with some concern, "Although there's no explicit legal provision prohibiting bank employees from holding side jobs, people in banks aren't stupid. If they take too much outside work, they'll still face criticism!"

"I know that if you were to swallow all that 40 billion yuan in real estate brokerage fees by yourself, you would definitely get diarrhea, but you don't need to worry about that. I've already made arrangements."

President Sun takes 15 billion yuan of the intermediary fee, Director Hou also takes 15 billion yuan of the intermediary fee, and the remaining 10 billion yuan of the intermediary fee is yours.

Although this will cost you a lot less, it's safer. Besides, since you're determined to work within the system, both Director Sun and Director Hou can help you out. It's a win-win situation!

Liu Shasha exclaimed with delight, "Really? That's wonderful! How did you get in touch with them?"

"Of course it's through benefits. Although there are regulations that state civil servants' family members cannot engage in business or hold leadership positions within their jurisdiction, they don't say they can't do the most basic intermediary sales work!"

Besides, the commission fee is normal and within the industry standard. Everything is done normally. If the water is too clear, there will be no fish. Even within the system, there needs to be some consideration for personal relationships. Otherwise, everyone might rush to join and there would be no one to do the work.

Furthermore, I have entrusted all my real estate brokerage business to Jiang Chengye. Who Jiang Chengye hires as real estate agents is none of my business, wouldn't you agree?

Liu Shasha nodded quickly.

"You don't think I left you too little, do you?"

"Not too much, not too little, it's more than enough. In the system, having too much money is a burden. Enough is enough. The money I've earned from you is enough to provide Nannan with a high-quality living environment!"

Li Xiaofeng smiled and nodded: "It's alright. If you have any difficulties, you can just tell me. Nannan is my goddaughter!"

"Xiaofeng, you're so good to me!" Liu Shasha hugged Li Xiaofeng tightly.