Reborn as a landlord in Shanghai

Chapter 47 Chat

I could feel the complaint in Guo Xiaoyan's eyes!

Mao Xiaoyu couldn't help but shudder.

Good heavens, this lady is no good, she's actually flirting with me.

It electrified me so much that my whole body went numb!

Now Mao Xiaoyu finally understands what the ancients meant by "beautiful woman with eyes and eyebrows like silk"!

grandma's!

This is so tempting!!!

"What's wrong? Is there a problem?" Mao Xiaoyu, whose heart was fluttering a little, couldn't stand Guo Xiaoyan's gaze. To cover up her embarrassment, she pretended not to know and asked.

"We have so many things to do every day, how can we have the time to run around to so many places!" Guo Xiaoyan said aggrievedly.

"There are too many things to do and we can't keep up. The main problem is that we don't have enough manpower. Once you have enough manpower, the work will naturally be done. You've seen that three people came today. You can arrange for someone to lead them in their work."

"Besides, this isn't an investigation into anything, it's just checking if there's any information about houses for sale. This shouldn't be too difficult for you real estate agents," Mao Xiaoyu said.

"The three people you gave me are all newbies. If you send them out to run errands, they'll definitely be clueless. These kinds of people need to be trained for a while before they can be used as real intermediaries."

"But time is too tight now. You're not giving me any time to train me, and the time you've given me to investigate is so short. Aren't you forcing me to take a desperate step?" Guo Xiaoyan said helplessly, spreading her hands.

Seeing Guo Xiaoyan like this, Mao Xiaoyu had no choice but to hesitate for a moment before saying, "Then I'll give you two more days, five days at most. I need the most accurate information; this matter is really urgent."

"Xiaoyu, I don't know how you got the loan, but if you buy a house like this, there will be big problems later. Although everyone wants to make money in a metropolis like Shanghai, sometimes you should try to do what you can do and not be too ambitious. Otherwise, the higher you climb, the harder you will fall," Guo Xiaoyan said with some concern.

Guo Xiaoyan wasn't worried about Mao Xiaoyu, but rather about herself!

After all, the real estate agency had helped Mao Xiaoyu buy quite a few houses during this period.

Although they didn't make much money from Mao Xiaoyu, the real estate agency made a lot from the homeowners who were selling their properties.

However, having witnessed these transactions, Guo Xiaoyan was a little worried, fearing that Mao Xiaoyu might overdo it.

Guo Xiaoyan knew that Mao Xiaoyu had already bought seven houses. Although the houses were small, the total price of the houses was already over one million yuan, which was a real price.

Mao Xiaoyu in front of me definitely doesn't have that much money, so it's obvious that 90% of it must be borrowed.

But problematic loans are not a long-term solution!

Loans require interest payments. The more you borrow, the more interest you pay. Right now, the loan amount is small, so the interest is manageable. But if you borrow more and more and can't repay it all at once, you're doomed.

Furthermore, seeing Mao Xiaoyu asking for housing information from both sides makes Guo Xiaoyan's scalp tingle. She can't help but suspect that Mao Xiaoyu not only doesn't restrain herself, but seems to be planning to dabble in something much bigger next.

This is also what Guo Xiaoyan fears most.

In Guo Xiaoyan's view, she felt that she and Mao Xiaoyu were at most collaborators, not even friends, with only an intermediary company as a link between them.

However, if Mao Xiaoyu commits fraud and cannot repay the loan, it would be easy for Fobolle to find out after investigation that the intermediary company is an indispensable part of Mao Xiaoyu's loan process. In the end, because he is the executor and legal representative of the intermediary company, he may also run into trouble.

After all, there are still relatively few houses now. As the number of houses increases in the future, millions or even tens of millions of yuan will be involved. With so much money, how can you, as the owner of a real estate agency, have no idea what's going on? Even the judge would find it hard to believe.

However, Guo Xiaoyan also felt somewhat wronged.

After all, in Guo Xiaoyan's view, what exactly was Mao Xiaoyu's plan? She still didn't know; all she knew was that this guy had been taking out loans to buy houses!

But when it comes to taking out a mortgage, all I can do is advise people against it. It's not like it's illegal, but the more you borrow, the more uneasy you feel.

Because she had thought about this, Guo Xiaoyan spoke up when she saw that no one was in the store. After all, the loan had only just begun, and if Mao Xiaoyu could stop, it wouldn't be a problem.

Hearing Guo Xiaoyan's concerns, Mao Xiaoyu glanced at Guo Xiaoyan, wondering why she was so concerned about her. However, Wang Xiaoyu still said, "What are you worried about? What I'm doing has nothing to do with you. You just need to do your job at the agency well. What I do is my job."

"But some things can't be ignored just because you say they don't match. You're the largest shareholder of the real estate agency, how can you say they don't match? You have to remember, buying so many houses now could cause problems." After all, the pressure these past few days has been really high, and Guo Xiaoyan's voice suddenly became louder.

"What's the problem? The market price of the houses is what it is. Since the loan has been approved, it means that the financial institution approves it. And as you can see, I'm only buying cheap houses now. According to market rules, the housing prices in Shanghai are rising every year. The cheaper I buy now, the higher the price will definitely be in the future. As long as I can get through these few years, the houses I have will definitely give me a satisfactory price." Mao Xiaoyu said half-jokingly.

"But how will you repay the loan? You need to know that you have to pay off the loan on your house," Guo Xiaoyan asked.

"The loan isn't too much. A loan of 10 million only incurs 600,000 in interest per year, which is equivalent to a 6% loan-to-value ratio. Is that a lot? Not really. In my opinion, as long as the house price rises above the loan interest rate, then I've made a profit on the house. Take the house I just bought, for example. The price was already low. If I increase the price by 500 yuan per square meter for each house a year later, do you think I can sell it?"

"In my opinion, they'll definitely sell. Since they'll sell, what loss would I have? No loss. In fact, if the price increases by 500 yuan per square meter next year, I can even make a little profit. Of course, because I've paid transfer fees and various taxes, I won't make much money selling these houses next year. These houses will be tied up for at least a few years. I'll only start selling them off gradually once I've made enough money," Mao Xiaoyu said deceitfully once again.

"But what about your interest? You have to pay interest every year," Guo Xiaoyan asked.

"I should be able to collect at least half of the interest from the rent. Even if I'm short a little, I have other businesses elsewhere. Although they can't make up for the shortfall, they won't be much. My bet is that the housing prices in Shanghai will only continue to rise. I dare not say how much, but if the housing prices increase by 500 yuan per square meter every year, I can make a considerable amount of money."

"You know, since China joined the WTO, its GDP has been growing at a rate of 9% or more. This kind of growth will definitely lead to increased wealth for the people, which will also stimulate the growth of housing prices in major cities. Based on GDP growth, I believe that housing prices in Shanghai will at least double or triple within 10 years. At that time, I can earn as much as I borrowed," Mao Xiaoyu said confidently.

"But this is too risky. If the housing prices drop, you'll be completely finished." Guo Xiaoyan still didn't quite approve of what Mao Xiaoyu was doing.

"If housing prices really do drop overall, then there will be rumors in the market. When that happens, I can just sell some of my properties first. There's a certain degree of control over this. You could say the chance of something going wrong is far less than 10%," Mao Xiaoyu said nonchalantly.

Seeing Mao Xiaoyu's nonchalant attitude, Guo Xiaoyan didn't know what to say. After all, she didn't know much about economics, but seeing how impressive Mao Xiaoyu sounded, she might as well just go with what she said.

Guo Xiaoyan has decided to take another look and if there really is a problem, she will try to persuade her again.

Furthermore, our own agency needs to settle accounts with the other party to avoid being dragged into trouble.

…………

"By the way, are there any contracts that need to be signed today? I have some money again, so I'll buy another house tomorrow." Seeing Guo Xiaoyan deep in thought, Mao Xiaoyu changed the subject.

"No, there are two copies of the contract. Didn't you not have enough money to buy the house today? So the contract you signed yesterday can't be traded here. Now that you say you have money, I'll go to the homeowner tomorrow and ask him to go to the housing authority to complete the transaction."

"However, judging from our current negotiation speed, the transaction seems a bit slow. What I'm most afraid of is that the price we agreed on will be bought by a buyer introduced by another intermediary company, which would be troublesome," Guo Xiaoyan said with a frown.

After all, Mao Xiaoyu wasn't the only real estate agency in the area. Although some agencies were far away, it didn't prevent them from doing business here.

Therefore, Mao Xiaoyu was quite annoyed when she heard Guo Xiaoyan's words.

If I had the money, why would I be buying so slowly?! I'm waiting for the loan to come through so I can afford to buy the next house.

well! ! !

Mao Xiaoyu felt that her situation was like a math problem from the second year of junior high school: it was like adding water while simultaneously releasing it.

If you can only add 10 cubic meters of water per day, but you drain the tank to 50 cubic meters, the problem is that the water tank only has a capacity of 100 cubic meters. As a result, after draining the tank for two days, there is no more water to drain, so you have to wait to add enough water before draining it again.

If we want to change the current situation, we either need to slow down the water discharge or increase the water inflow.

Slowing down the water release is definitely not an option. Time is already tight, and if it drags on any longer, then people might as well not buy houses at all.

Therefore, there is only one way now, which is to increase the water intake. As long as the water intake exceeds 50 cubic meters per day or reaches 50 cubic meters, it can not only offset the water output below, but also increase the water in the pool. If there is a lot of water in the pool, the water output can also be increased.

But now there's a problem: where can we increase the water intake?

Mao Xiaoyu couldn't figure out the answer to this problem. After thinking about it for a long time, she finally realized that the only person who could help her was her family.

Of course, my family can help me, but I can't tell my parents.

Therefore, Mao Xiaoyu felt she needed to go back home in the next couple of days to retrieve the property certificate for the family's barbershop, sign her father's name, and apply for a loan from a financial institution.

Don't borrow too much. For a storefront worth 150 million, take out a loan of 120 million. With this 120 million principal, the speed at which you buy a house here will definitely be much faster.

Then we won't have to worry like we do now, wanting to buy a house every day but not having the money to do so.

However, there's just one thing!!!

Thinking of this, Mao Xiaoyu felt a little sorry for her parents. After all, as their child, she hadn't even been able to take care of them yet, and she was already eyeing their assets.

Of course, this point was a bit embarrassing; it just flashed through Mao Xiaoyu's mind and she didn't take it to heart at all.

They immediately started thinking about the benefits of having the property certificate for their own storefront.

After all, for Mao Xiaoyu, making money is the most important thing at this stage, and everything else takes a backseat.

…………

"I understand, I know what I'm doing. I might feel a little sad these next few days, but I'll be fine in a few days."

Mao Xiaoyu could only respond to Guo Xiaoyan's question in this way, since she hadn't yet obtained the property certificate for her parents' hair salon, and even if she did, she would still need to ask Li Mingyue for a loan.

Moreover, it's unknown how long it will take to get the loan, so this is the only answer Mao Xiaoyu can give Guo Xiaoyan for now.

Hearing Mao Xiaoyu's perfunctory answer, Guo Xiaoyan knew that Mao Xiaoyu had no money, which relieved Guo Xiaoyan.

It's better to be broke, even better to be unable to buy something, and even better to be bought by someone else.

Anyway, I'm speaking out about this because it's my own business; if I didn't, it would be my own problem.

As for how to resolve the issue, in Guo Xiaoyan's view, that's not her problem anymore; it's Mao Xiaoyu's problem. Since Mao Xiaoyu can't resolve it either, it's none of her business. In the end, if someone else buys the house, there's nothing she can do about it.

…………

"After talking about so many other things, let's talk about the real estate agency. How's it going? How's it been going since you opened it up?" Mao Xiaoyu asked curiously.

Although Mao Xiaoyu knew that the real estate agency had made money, and quite a lot of money, and that Guo Xiaoyan had agreed to the dinner tonight because of their profits, Mao Xiaoyu really didn't know exactly how much money the agency had made.

"During this period, the agency bought seven houses, all of which were bought by you, Xiaoyu. Although we didn't mention your share of the commission, we received a commission from the sellers. We earned about 15,000 yuan from the seven houses. In addition, we rented out two houses, collecting one month's rent from each house, for a total of about 800 yuan. This is the money our agency earned in ten days," Guo Xiaoyan said, revealing the revenue for the ten days.