Reborn Sells Instant Noodles In America

In 2022, Lin Zidan will be 36 years old. For many men who are clamoring to achieve financial freedom before the age of 40, he has been very successful!

The three supermarkets all achieved more than one-third of the net profit in the first quarter, with a monthly income of more than one million; the average monthly income of instant noodle shops is 50,000+, and the most money is from the rental income, the expenses are small, and the income is stable.

In addition to the profits of Internet companies and venture capital, the total revenue in the first quarter is tens of millions of dollars, and there are two charitable foundations that can freely mobilize several hundred million.

Since he decided to invest in real estate again, Lin Zidan has set his sights on those old brick houses that are damaged or need to be renovated. Because the economic recovery of the United States is very slow, he is not in a hurry to sell.

After buying such an old second-hand house, Lin Zidan found the construction team he had worked with before, and renovated it inside and out again. When the housing market rose sharply, these houses could be sold for a lot of money.

AttomData's latest news release data shows that the average net profit per renovated home in the United States is $54,787, and the average net profit per renovation in New York City is $95,000.

In addition, when the economy is in a downturn, there are very few people who buy houses, but those who sell houses can’t wait. The environment of the rental market is not good, and the quarterly land tax is a big expense. Therefore, investors and homeowners who are eager to sell their houses to pay off their debts are eager to sell their houses. more and more.

Recently, Lin Zidan has spent the rest of his time busy meeting with their homebuying team to discuss and evaluate the properties to buy, apart from the venture capital business.

In fact, Lin Zidan didn't understand what they said until he became rich, the more money he had, the less time he had!

Those big bosses who are idle and play with girls on TV are definitely not really rich. They are just upstarts if they die, because the real rich people really don't have the energy to spend time on entertainment.

In order to ensure the state of his body, Lin Zidan still finds time to exercise every day, accompany his children and his wife, and occasionally go back to see Li Manrui and his grandparents.

No, recently he finally took some time to take a lazy day to take the children to visit the aquarium in Baltimore, and was dragged by Eddie to talk about new investments. Eddie said that he was interested in a few pieces of land and asked him to follow him. engage in development.

"This is reliable information of mine. It has been confirmed by my dad and Johnson. If we can win these pieces of land, we will really send it!"

Eddie handed the information to Lin Zidan, rubbed his hands together and said excitedly.

"You said to develop a residential complex here? New York ZF wouldn't be such a cheap developer, would it? This is not a low-rent apartment." Lin Zidan looked at the drawings seriously.

"ZF will of course have a share of the pie. You have no doubts about this. This time, this one is not like the previous low-rent apartments. It is just a matter of one or two buildings. This time, this large area will be developed together, and it has been planned before. , but it has not started.

Perhaps in order to attract the developer's funds, ZF finally agreed to put this piece of land up for auction, but this project is not small, we just can't afford it! So we have to find more partners.

Take a look at these materials first. There are raw land and cooked land in it. It depends on how many we can photograph. Anyway, this piece of fatty meat must be eaten by more than one or two people. It depends on who is more courageous! "

After that, Eddie explained to Lin Zidan about the raw land, the mature land, and the land use planning in the United States.

It turns out that the United States has made plans for the use of land throughout the country. There are detailed plans for land in cities and their suburbs, specifying the use of each plot, the type and size of buildings, and the regulations vary from state to state, but they are similar.

The land plan has been demarcated before development and generally cannot be changed. Because each piece of land has a detailed plan, developers should choose land suitable for their own development purposes when selecting a site, such as building a commercial building or building a civil residence.

In the United States, places that have been planned for residential use must not be used for commercial purposes unless you apply for it, because the land tax for commercial use is much higher than that for residential land.

It is very troublesome to change a commercial building into an ordinary residence or to change an ordinary residence into a commercial purpose.

In some places, there are even requirements for the height of the building. Building villas and high-rise buildings on different plots also have different plans. Developers can only follow the requirements of the government. Otherwise, it will be troublesome if they are not allowed to be sold. .

Another important thing is the location, which determines the success or failure of the development to a large extent. The pros and cons of location are constrained by a number of factors, but one of the most important is the distance from the city center. Of course, the closer to the city center, the higher the land price.

Another point is that Americans are more concerned about places with water and trees when they choose houses, so if they are around lakes and woods, housing prices can also be more expensive than ordinary land.

"Although our last cooperation was full of twists and turns, but now we have got the principal back, and this time the old man has also spoken, let me and my uncle not forget to bring you any good projects.

It seems that you have performed well in the past few years, and even let the old man regard you as as important as some of our grandsons! "

Eddie saw that Lin Zidan was sitting there watching seriously, and was afraid that Lin Zidan would not invest in risks, so he couldn't help but complain.

"Did Grandpa tell you to call me?" Lin Zidan raised his head suspiciously.

"Although it's not as obvious as he said, he did let us give you more opportunities, which was unique in the past, but it's true that Grandpa has always loved Emma the most." Eddie said sourly.

The two discussed the land auction all morning, and then Eddie said that he would find a more credible partner. After all, this project would cost more than one billion yuan if it was negotiated. Such a risky investment, Of course, you need to find a few more people to share.

Even though Lin Zidan thought of Zhang Jing, he was not sure whether Zhang Jing would like it, so he didn't bring it up, and only made a decision after going back to discuss it with him.

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Since the last time he cooperated with Eddie to develop low-rent apartments, Lin Zidan has been looking for opportunities for this kind of land development, but the only downside of this kind of investment is that foreigners are too slow to build houses.

Just like the previous low-rent apartments and commercial buildings, this kind of project can be completed in one or two years at most in China, or even faster, but they took almost 4 years to complete.

If this batch of land is photographed and then completed, it will take at least four or five years. Investing in real estate development in the United States is more stressful than buying and selling second-hand houses, but the returns are relatively richer.

After Lin Zidan went back, he took stock of his existing funds and the total amount of funds that could be mobilized. The more than 200 million that he had sold on Amazon before had already invested more than 100 million in venture capital~www.wuxiamtl.com~ and some more. Planning to buy a second-hand property.

After selling Amazon's stock before, because he couldn't find a better investment project in the short term, he also bought a few stocks that were not expensive, but looked like they might have a future and put them there.

When he bought it, he took into account that during the domestic epidemic, children were teaching online, so the platform that provides online video support should have a chance to rise, so he chose to sell it before, and this time it fell to the bottom. , and Zoom, which offers web video support.

Both stocks are relatively cheap, so Lin Zidan bought 300,000 shares of Must Die, and 500,000 shares of Zoom, plus Guge, which has never been willing to sell, now Guge's stock has exceeded 2,000 US dollars, So he can at least cash out nearly 200 million from the stock.

Eddie told him not to worry, they only needed to prepare 20% to 40% of the principal in the early stage. If they could take pictures of the land, they could mortgage the land to the bank for a loan.

After weighing the pros and cons, Lin Zidan decided to take a bold challenge. The only risk of this investment is changes in the political situation, but if they can find a more powerful partner, the odds of winning will be better, such as the Eric family. Such.