Peninsula Landlord

Chapter 136 Development of the All-Rental Plan
“You still want to buy a house?”

Huang Xu looked at the horrified expression of his uncle in front of him and behaved very calmly. Not only did he not refute, he also waited patiently for his uncle to express his doubts and vent his inner confusion.

Huang Xu waited until he stopped before he slowly asked:

"Uncle, then tell me, did I lose money on those houses I bought?"

"Uh~, no."

Although Huang Wenfu did not agree with Huang Xu's way of playing and had many opinions in his heart, he could not say anything bad about whether the houses he bought could make money.

Let’s not talk about the issue of renting out the house for now, let’s just talk about the current unit price of the house. After you buy it, the price keeps going up.

Although it has only been a month or two since they were purchased, the unit prices of these houses have basically increased by 5% to 7%.

Although it is not a lot, don't forget that they have only bought it for less than two months, and there is such an increase, which is already very exaggerated.

And more importantly, Huang Xu’s real plan is to rent all the houses.

These houses can also be rented out, and after receiving the full rental deposit, they will buy another house and the cycle will continue.

If all goes well, their wealth will grow exponentially.

Although Huang Wenfu already knew about this, he still looked at Huang Xu and expressed his concerns.

"Xiao Xu, I know that housing prices are still rising, but they can't keep rising forever. The core of your game is the growth rate of housing prices. What if the growth slows down one day, or housing prices fall, then you will collapse, right?"

"Sure, uncle, you understand this very thoroughly, don't you?"

Huang Xu was not angry at what his uncle said. Instead, he looked at Huang Wenfu with a surprised expression.

He didn't expect that his uncle understood his whole rental strategy so thoroughly.

Huang Wenfu did not feel happy in the face of Huang Xu's praise. He looked at Huang Xu very calmly, wanting to see what Huang Xu thought.

During this period of time, he has been thinking about Huang Xu's full-rental housing strategy, and now he has finally discovered the blind spot.

You know, when he heard Huang Xu talking about the full rental method earlier, he was fooled by the grand blueprint Huang Xu painted.

They only think about how much money they can make and how wealthy they can become after they succeed.

But the more I thought about it, the more it seemed wrong. How could there be such a method to increase wealth exponentially and without any side effects?

If it really existed, then everyone would be doing it.

After calming down and thinking about it, he finally discovered the blind spot and found that something was wrong.

To put it bluntly, renting a house entirely is an act of taking advantage of the rising housing prices in Seoul and some welfare policies.

Let’s not talk about whether it is dangerous for them, as foreigners, to play with this kind of thing in Korea.

As for this matter itself, the risk is actually very high.

Just looking at the increase in housing prices, their wealth will grow exponentially.

But when housing prices fall, their wealth collapses at an exponential rate.

That's why he is now opposing Huang Xu from continuing to do so.

So he began to persuade Huang Xu to give up his idea of ​​continuing to expand his investment.

"Xiao Xu, as long as we follow the current model, it will only take a few years, which will be enough for us to live on for the rest of our lives. There is no need to take such risks."

"And if you put all your money into this and housing prices really collapse, we won't even have a chance to recover."

"Don't forget, we are foreigners. If we really develop according to your idea, do you know how many houses we will have in the end?"

"And as the old saying goes, don't put all your eggs in one basket. We need to diversify our investments and reduce the

"."

Huang Xu looked at his uncle trying to persuade him earnestly, and his heart was touched at this moment.

It’s not about anything like lower housing prices or something, but what my uncle said, that you can’t put all your eggs in one basket.

Although he has the memories of his past life and knows that housing prices in Seoul will continue to rise in the next few years, will things really go on as they did in his previous life?
And he now has a concern, that is, if all his money is really invested in real estate rental, then he dare not even think about how many houses he will own in a few years.

His original plan was just to buy dozens of houses for his retirement.

But look at it now. Not to mention the ones under my name, the 15 houses owned by the company will become 45 in the next one or two months.

And after another three or four months, those 105 houses will become .

If things continue to develop in this way, by the end of 2013, the number of houses under their company's name may reach more than .

Of course, although this number is large, it is not exaggerated.

But if they continue to develop at this pace in 2014 and carry out a growth cycle every four months, they will own 14 properties by the end of .

This number is already terrifying.

If by the end of 2015, this number will be even more terrifying, reaching a shocking to properties.

This is just the most basic algorithm, with a cycle lasting four months.

And if this continues, the cycle will only get faster, and the number will continue to expand.

And this is just the calculation for his fifteen houses, if he no longer continues to invest.

If all the money currently in the company's account were invested, then the number of properties they would eventually own would be impossible to calculate.

Of course, these are just simulations based on the most ideal models.

It would be impossible for it to proceed so smoothly in reality, and if he really reached this level, I believe he would be close to disappearing.

Therefore, Huang Xu, who had calculated in his mind, was already sweating profusely.

He only knew that renting out a house was very profitable and would grow exponentially, but he didn't know that this exponential growth would be so terrifying.

Of course, it is unlikely that they will implement this method in reality. After all, banks are not fools, and the South Korean government is not blind and deaf.

There was no way that Huang Xu and the others would develop as the computer simulation showed, but even so, Huang Xu's back was already soaked.

Looking at Huang Xu's frightened eyes and the sweat on his forehead, Huang Wenfu nodded with satisfaction. He knew that Huang Xu had woken up.

He didn't care about it at the beginning, but after calculating it one day, he was shocked. He never thought that this thing would be so terrifying.

Then he woke up from his dream of getting rich, and that led to today, when he advised Huang Xu to do something.

"Uncle, do you have any plans for the use of our money?"

Huang Xu also figured it out at this time. He could continue to have fun by renting the entire house, but it was impossible to do it on such a large scale.

Not to mention continuing to invest, even the expansion of the current dozen or so houses requires him to control it.

Although in reality it is unlikely to develop according to the ideal plan, even if so, after a few years, the number of houses under their names will reach an exaggerated level.

However, since we are not expanding our full rental investment, the question is how to use the money in the company account and where to invest it. In short, it is impossible to keep it in the company account.

Faced with Huang Xu's question, it was Huang Wenfu's turn to feel a little embarrassed. After a short silence, he said something tentatively.

"Xiao Xu, do you think we can split the profits?"

"Dividends?"

When Huang Xu heard this, he was stunned at first, and then he figured out what was going on.

Although my uncle is the general manager of the company and is fully responsible for handling all matters of the company, the reality is that he is only a small shareholder in the company and only holds 5% of the shares.

Although Huang Xu offered him a high salary, the time was short and he did not get much money from the company.

Last year, in order to buy the restaurant, he borrowed a lot of money from relatives and friends before he got the shares of the fifth floor of the restaurant.

Now that he sees so much money in the company's account, he will definitely think about distributing it as a dividend to improve his financial situation.

Not only was it able to pay off his debt from last year, but he could even leave a little bit left over to improve his life.

After all, he is different from me. I have the support of bonuses. Although I don’t have much money now, it is enough for my expenses. But my uncle doesn’t have such a rich family background.

Huang Xu figured this out, so he nodded in agreement under Huang Wenfu's expectant gaze.

At the same time, he also told him a piece of good news that made him feel very happy.

"Uncle, although we are not expanding our investment in renting a house now, it doesn't mean we can't buy a house, right? Take some time to look for a house, and bring Auntie over when you come back. I'll provide for you two to live in then."

"Is this possible?"

"What's wrong with that? You and your aunt can't live apart like this forever. Besides, I'm not only going to buy you a house, I'm also going to buy you another one. The one you live in now is a bit small."

After Huang Xu finished speaking, he walked out of Huang Wenfu's office under his grateful gaze.

He is very excited now. Today he just wanted to persuade Huang Xu to be cautious when investing in real estate.

He originally thought that this would be difficult to accomplish, but he didn't expect Huang Xu to be so reasonable. He just persuaded him for a while and Huang Xu understood his concerns.

Not only did they no longer mention the idea of ​​further expanding the scale of full rental housing, but there were even unexpected surprises.

Dividend and housing issues were also resolved.

The dividends would allow him to pay off his previous debts and stand up in front of his relatives and friends, especially his daughter-in-law's family.

When he and Huang Xu bought the restaurant together, although he had some savings, it was still a long way from what he could afford to buy the store.

So when Huang Xu proposed to form a partnership, he originally wanted Huang Xu to take the largest share, but his wife was not very willing.

She went back to her parents' home and borrowed a lot of money from there, so that she and Huang Xu could reach a 50-50 split.

Although Huang Xu gave me a very high salary and a portion of shares after I joined the company last year.

But the money that I can get is actually not that much.

After all, the time was too short. Even with the 200,000 yuan holiday allowance Huang Xu gave him in China, it was not enough to pay off his debts.

After celebrating the Chinese New Year in Qiong Province, he was often bullied by those people when he went to visit his wife's relatives.

He had heard many people ask him how he could not pay back such a small amount of money.

It was at this time that he began to regret why he did not ask for a share of the money when the first batch of franchisees paid the money, so that he could pay the money back first.

Therefore, when he saw the second franchise fee, he had the idea of ​​dividends.

Fortunately, Huang Xu understood him better. Not only did he agree to his request for dividends, he even said that he wanted to buy a house and let him bring his wife over.

So after Huang Xu's back disappeared, he couldn't wait to call his wife.

"Hey, wife, I have good news for you."

Huang Xu came out of his uncle's office and saw Zhang Rui who was learning Korean not far away, but he did not go over to disturb him.

Instead, he returned to the office and asked the person responsible for handling all the rental procedures and decoration to come to his office.

He needs to know the progress of the renovation and rental of the dozen or so houses.

Although Huang Xu will look for new investment channels and directions based on his uncle's words just now, it does not mean that he will give up these fully rented houses.

Although he cannot expand as wildly as he had previously imagined, it does not mean that he will not develop.

At the same time, he also set a small goal.

That is to increase these 17 houses into houses before .

After all, the market in Seoul is so large that I believe these hundreds of houses will not attract many people’s attention.

After all, there were people in their previous lives who owned thousands of properties, and there were countless people who owned hundreds of properties.

Then the small changes to these 500 houses should not attract any attention.

Therefore, Huang Xu is still quite concerned about the progress of the full rental of the house.

After he learned about the relevant progress, a satisfied smile appeared on his face.

Because two of the fifteen houses he bought last year have already been rented out, and he is now in the process of completing the relevant procedures.

Most of the remaining houses that have not been rented out are not yet renovated and do not meet the conditions for renting out.

However, their decoration progress is still relatively good, and they have basically entered the final stage.

After all, he bought second-hand houses, so the so-called renovation was actually just cleaning up, repairing, and replacing damaged or aging things.

It’s not a lot of work, which is why some houses have already been rented out in less than two months.

After looking at the statistical data, Huang Xu was quite satisfied with the progress of the full rental. However, although he was satisfied with this matter, there was another thing that gave Huang Xu a headache.

That is, where should he invest the money in his company's account?

You should know that there are nearly 7 billion won in the company's account. Even if converted to domestic funds, it is more than 30 million.

It is not that easy to find a more reliable investment channel for this money.

However, after thinking for a long time, he couldn't come up with a more suitable channel, so he simply stopped thinking about it and looked at the time. It was almost noon.

He went straight to Zhang Rui, who was still studying Korean, and asked:
"Brother Rui, what do you want to eat for lunch?"

Just when Huang Xu asked Zhang Rui what he wanted to eat for lunch, Sunny, who had been lying on the sofa for half a day, looked at Goo Hara who was lying not far from him and asked:

"Hola, what are we having for lunch?"

　Here are 8,400 words. Thank you all for your monthly ticket support. Thank you!

　　
　
(End of this chapter)