Reborn Sells Instant Noodles In America

Chapter 425: industries with the least losses

Early the next morning, Lin Zidan called Joseph and asked them to do it, and then went directly to the real estate company after delivering the child.

"Boss, this is our monthly statement from last month, and this is the actual accounting details at the end of the month." As soon as he entered the office, the company's administrative assistant hurriedly brought in the statement.

In fact, since the last large-scale layoffs, Lin Zidan has basically used remote control for real estate companies. At most, he has a remote video conference to make monthly reports, quarterly reports and so on.

First of all, their company's assets have a clear purpose, such as high-end apartments in the city, low-rent apartments in the Upper West Side, as well as the surrounding units and single-family villas and all the shops, each category and each room are coded.

According to the start date of the lease and the monthly rent amount on the contract, Lin Zidan asked the people in the financial department to make a special electronic report.

The monthly rent collection, including automatic transfer and cheque transfer, will be counted before the 15th and submitted to Lin Zidan and the chief financial officer for review and reconciliation.

All the renting, subletting, contract signing and other matters of all houses and shops are handled by the person in charge of the real estate company.

Lin Zidan only needs to follow these reports to see which houses are vacant, how long they have been vacant, which houses are due to expire, how much rent has been added, and the land tax, water or sewage charges that each house needs to pay. , and even how many people live in each house at a glance.

Ordinary residential leases in the United States generally start with one year, while shops must be signed for at least two years. In some industries, leases can be signed for 5, 10, or even 15 years, such as laundromats, wineries, restaurants, or some investment cycle comparisons. long industry.

Lin Zidan had only laid off the department responsible for selling houses. After leaving the company, most of the real estate brokers who were affiliated with their company also established their own portals through their personal connections and real estate resources.

At least one-fifth of many large and small Chinese real estate companies and real estate brokers in the market are separated from Lin Zidan's company.

At that time, due to the increasingly fierce competition in real estate, some brokers with strong ability and rich resources could earn tens of thousands or hundreds of thousands per month, and there were many new real estate salesmen who might not be able to sell a house for half a year, making it difficult to make a living.

In Lin Zidan's real estate company, such a situation is of course common, but because the company has a basic salary, many people can follow the big pot, and those with strong ability feel that they have suffered a loss.

Lin Zidan decided to lay off staff at that time. First, it was to complete the agents who were eager to go out independently. Second, it was to reduce the burden on the company. The real blow was to the agents who were used to eating big pots.

Anyway, in the last two years of the economic recession, Lin Zidan has saved hundreds of thousands or even millions in human resources. Although the money is not much, it is enough to maintain the normal operation and basic expenses of other departments. .

Now that Lin Zidan wants to enter the real estate market again, he does not need to recruit troops at all. The existing talents in his company can be recruited to form a small team.

Starting from a series of procedures such as real estate resource status investigation, house valuation, bargaining quotation, loan purchase, etc., you can start the next wave of real estate purchase activities at any time.

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At present, Lin Zidan has more than 300 units including low-cost housing, more than 30 full-brick villas, and as many as 100 shops including commercial buildings. The most conservative estimate of total assets is 300 to 400 million. dollars.

A real estate company of this scale may already be a very rare giant among Chinese businessmen, but compared with real estate oligarchs like Eric's father, it is simply a drop in the bucket.

In the past, Lin Zidan only wanted to be low-key and low-key, but now, even if he wanted to be high-profile, such a small amount of assets in a place like New York where the rich gather is just a small upstart existence.

Due to the impact of the epidemic, it can be seen from the bankruptcy and closure of several century-old large chain retail stores in the United States, such as NiemanMarcus and .Penney, that the overall offline retail industry in the United States has indeed been hit hard.

Even a real estate developer like Lin Zidan, who makes a living by renting out shops to retailers, has been hit hard. His overall revenue last year was one-third less than normal.

Especially in the commercial building that I always thought would make a lot of money, although the hotel on the top floor has already opened, but the source of customers is sparse, and less than half of the shops in the mall are rented out.

In order to stop the loss, Lin Zidan opened one of his instant noodle shops in the mall, and planned to renovate one of the floors into a super-large supermarket and a super-large indoor children's playground.

Shops on other floors are attracting wait-and-see investors with a two-year lease-free policy.

The purpose of Lin Zidan is to make the entire shopping mall popular first, and only when there are popular hotels and other shops will the business be stimulated and a mature business district will be formed.

Lin Zidan looked at the report and calculated for a long time. Although the epidemic has caused him to lose a lot of money in rent, but from the overall economic perspective, his real estate investment in this form is the least loss-making in all industries.

After all, most of the investors who made large donations to ZF rely on the model of renting and selling real estate for a living, especially President Chuan himself is a real estate giant, so these people will never let ZF introduce any rent-free policy.

It is futile for those merchants and tenants to clamor in vain. This is the main reason why so many merchants would rather risk their lives and insist on resuming work when the epidemic was still serious.

Because no one is paying for their rent, ZF's bailout can't even deduct half of the rent!

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"Boss, are you sure it's a good time to buy the bottom? Last year, the real estate industry suffered heavy losses. Even if it improved a little this year, it would still be in a state of loss. Just look at our rental recovery report, and it would be difficult to buy it. Rent and sell it in a short period of time!"

Sun Yang, the new chief financial officer of the real estate company, couldn't help reminding him after hearing Lin Zidan's idea.

"Our team first went down to find a good house, and when the seller was helpless, we first negotiated the house at the lowest price, and then took the loan and the final deal, which would take three to five months at least.

At that time, if the real estate industry is still in the doldrums, take the property in your hands and raise it first, even if you rent it out at a low price, as long as you don’t lose money, just wait for the next real estate boom to come and sell it~www.wuxiamtl. com~ Lin Zidan put down the report and looked at this senior accountant who was about the same age as Hu Enming, who was also honest and prudent, with a light and authentic smile.

"If you think about it this way, then this is indeed an opportunity, but the return period of this investment will be extended." Sun Yang nodded.

"Money always has to be spent before it will pay off. It's just the length of time. You don't have to worry about the capital. The current company's revenue can be invested first, and I will replenish the position at any time if it is not enough.

But remember, the loan amount should not exceed 40% in the early stage of purchase. In the future, I have sufficient funds, so we will try to reduce the loan as much as possible. I am an investor who does not like to owe money, so this will make me feel at ease. a little. "

Lin Zidan and this Sun Yang have just started working together, and he hopes that this person can quickly understand his style of doing things.

"Good boss, I understand, I will try my best to cooperate with your work."

Sun Yang looked at Lin Zidan's young age, but his body exuded a calmer aura than himself. The anxiety before entering the door just now was finally relieved.

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