Losing Money To Be A Tycoon Chapter 483
Advertisement
Chapter 483 I’m Buying This Building!
Manager Yang from the sales office was waiting for him at the main entrance of ‘Dawn of Prosperous City’. “Boss Pei! Welcome, welcome! I did not think that our small district would be of interest to you. I’m really flattered.”
Pei Qian was too embarrassed to tell Manager Yang the truth, facing such enthusiasm from him. He came entirely because of the strange layout of this house.
This house was discovered by Pei Qian through an accident. He felt that it was good immediately after seeing the floor plan. He then got Assistant Xin to contact this place and confirmed that he could come to see the house today.
Manager Yang naturally attached great importance to his visit given Tengda’s current reputation in Jingzhou.
“Boss Pei, shall we have some tea first, or shall we have a tour of the building directly?” Manager Yang asked. Pei Qian’s eyes did not leave the strange cylindrical-shaped building from the moment he got out of the car. “Let’s have a tour of the house first.”
Manager Yang nodded. “Okay, please follow me.”
Pei Qian followed Manager Yang while scanning the surrounding residential building at the same time. There were many buildings in ‘Dawn of Prosperous City’. Most of them were normal-looking and squarish, not any different from other ordinary communities.
Only this aloof cylindrical residential building was so unconventional.
It was in the center of the entire district. The characters ‘Dawn of Prosperous City’ was on top of the roof, showing its lofty status in this community. It was really possible for someone to be fooled if they were here for the first time.
However, Pei Qian did his homework.
This building had one unit per story, with an area of 248 square meters, five rooms, three halls, and four bathrooms. It had a total of 12 stories and had a height of 3.6 meters, higher than that of ordinary residential units.
If one looked at its floor plan, it would look like the circular mosaic pattern on the television when it was not broadcasting.
Pei Qian saw the post on the internet and saw many strange house types such as runway houses, sewer houses, toilet houses, warship houses, and so on.
Eye-opening and breathtaking… Pei Qian wanted to buy them so badly. Unfortunately, the names of such districts were not in the posts so he did not know where to find them.
Moreover, most of them were not in Jingzhou.
As a second-tier city, housing prices in Jingzhou were not high compared to the whole country. Developers were not short of land so the probability of creating such a strange apartment was not high.
Generally speaking, such strange houses would only appear in first-tier cities with limited space, where the utilization rates were squeezed to the extreme.
Advertisement
However, his hard work paid off. He finally found this 360-degree sunlight ‘sun never sets’ apartment near the company.
Such a house type did not seem to be an isolated case. Many other cities such as Beijing and Shanghai had such house types with sizes, ranging from 200 square meters to more than 400 square meters. The circles were getting bigger.
As for why…
Who knew?
Perhaps the developer bosses felt that whales would like such apartments.
Such an apartment was beautiful but not practical at all. It might look good from the outside, but one should reconsider. How troublesome would it be if the living room, bedroom, and study of a house were all irregular-shaped?
The space utilization rate of such a house would be very poor. It might have 240 square meters, but it might not be much different from a normal 200-square-meter room.
What was more, people would get sick of watching the same scenery no matter how good it was. Most people bought houses for comfort and practicality.
The original rental price of such a house was about 15,000 yuan per square meter, but it had since dropped to 12,000 yuan per square meter because it was not selling well. However, even so, such a price was now selling at around three million yuan.
Wouldn’t it be a great deal to a whale if he were to purchase such a huge house with three million yuan?
The current situation of such houses was that a whale would not buy it, and normal people could not afford it.
The entire district was almost sold out; only this building was still on sale on the internet. The developer would not be happy if there was too much of a decline in price. A potential buyer would not buy if there was not enough of a decline in price. Therefore, it entered a stalemate.
However, it fit Pei Qian’s requirements perfectly. It was also a kind of happiness, having one’s own unique needs so that one did not have to compete with the others!
Manager Yang led Pei Qian to a high-level show house and began his eloquent sales talk. Of course, not a single word entered Pei Qian’s ears. He knew very well that it was all in the bid to sell him the building.
There was no need for him to bother about these. The one who would bargain with Manager Yang was not him but Assistant Xin.
Pei Qian felt good as he toured the place.
It was a 240-square-meter house, with windows 360 degrees around him. It was well-renovated and decorated. In any case, it was better than the ordinary rented apartment he was living in now. This type of house was not selling well, not because of poor quality or flaws, but mainly because of the layout. This resulted in the low price-quality ratio. There were too many better options at the same price.
Advertisement
The harder Manager Yang tried to sell, the more certain Pei Qian was that such a place was difficult to sell.
All the more he should buy it if that was the case!
Manager Yang and Pei Qian’s requirements matched in such a strange way.
Manager Yang spoke so much that his throat was hoarse after half an hour. He stopped to drink some water while trying to dissect Boss Pei’s expression. He could not dissect anything
On the one hand, Boss Pei seemed to have seen through him and knew about the situation of this house; on the other hand, Boss Pei seemed to be very interested in this house.
These two contradictory expressions appeared on Boss Pei’s face at the same time so Manager Yang did not know what Boss Pei was really thinking about.
Pei Qian thought about it for a while before asking. “How many units have people living in them?”
Manager Yang’s heat sank. ‘This is bad!’
Boss Pei asked such a sharp question!
In fact, only three units were sold so far, accounting for a quarter of the entire building. Moreover, most of these owners regretted their decisions and were trying to sell them.
What was the intention behind Boss Pei’s question?
Could he have seen through the true situation of this place and deliberately asked this question to hint me to lower the selling price since it was not popular?
Manager Yang struggled a little within, but he did not dare lie because such things would not be able to hide for long.
“Boss Pei, rest assured that we have ample availability of our houses. You can pick which level you want…”
Manager Yang decided to reply in a roundabout manner.
n wa
ym
Pei Qian frowned. “My question was how many units have been sold.”
Manager Yang realized that he really could not pull wool over his eyes and had to tell the truth. “Three units.
“Boss Pei, our units are high-end. Ordinary people will not be able to afford them. The owners of these three units are all successful locals of Jingzhou. Of course, they are still far behind you, but…”
Pei Qian raised his hand and interrupted Manager Yang
“Please inform these three owners that I intend to buy their units as well. I hope they can move out as soon as possible. I can even pay for their moving expenses.”
Manager Yang, “?”
He froze for a moment. “Uh, Boss Pei, the units of the other floors are also on sale. You do not need to…
“Wait, Boss Pei, you mean…”
Manager Yang showed an extremely shocked expression. He had correctly understood the meaning behind Boss Pei’s words but was afraid to confirm it.
Pei Qian nodded. “That’s right, I want the entire building!”
Manager Yang was dumbfounded with tears gleaming in his eyes. Boss Pei’s figure seemed to be exuding brilliance at that moment, reminding him of the savior.
In the afternoon…
Pei Qian was drinking tea leisurely in the office when Assistant Xin returned. It seemed like she had reached preliminary consensus after an afternoon of negotiations.
“Boss Pei, the three families were very dissatisfied with the layout of this apartment so they all agreed. They can all buy new houses with this money. They were more than happy.
“You said that you hope they can move out as soon as possible so I arranged a moving company to settle their moving for all three units and will reimburse them for the cost of staying in the hotel while they look for a new home.”
“As for the price, the average price per is 12,000 yuan per square meters, 248 square meters, and 12 floors. Since we are buying the entire building we received 10% off and rounded down to the millions. The final price is 32 million yuan.
“We’ll finalize this figure if you think there is no problem.”
Pei Qian nodded. He had 100% confidence in Assistant Xin’s negotiation skills. Buying such a building with such a house type with 32 million yuan was not entirely a loss.
Pei Qian only spent half of the money that was profited from the movie. The reason was simple. He wanted to test out his theory to see if the Sloth Apartments could indeed make a loss.
He would spend the rest of the money after confirming that point. Other than that, Pei Qian found a great method of burning money. Renovations and decorations! A building like this was considered a fixed asset. It would still be 3.2 million yuan after the 10% conversion which would affect settlement. Pei Qian expected the fixed assets in his hand would reach 90 million yuan at best for this cycle. It would not be so convenient to make losses if it were to exceed 100 million yuan.
However, renovation and decorations could be spent at will!
For example, purchasing expensive furniture, decorations, home appliances, etc. would not affect the settlement. Of course, Pei Qian did not dare go as far as to buy a full set of top-brand luxury furniture. This place would become famous in no time if he were to do that. It might even attract all the local whales in Jingzhou. That would become a huge risk.
Ming Yun Private Kitchen was a good lesson.
Therefore, Pei Qian’s target was to spend as much money on renovations and decorations without becoming too showy to achieve a perfect balance. Simply put, the balance would be: the rich look down on it while the poor could not afford it.
It would be best for the Sloth Apartments to be stuck in this awkward position!
Advertisement
- In Serial197 Chapters
Virtuous Cultivation
-July 10, 2022- Stocked Chapters: 8 I'm out of hiatus, but honestly, I can't trust myself to post consistently anymore... A new arc is about to begin, and I'll start posting again once the entirety is done. It might take a year, but honestly, this story is going to go on for the foreseen future anyway... so I suppose that's just a blip in the grand scheme of things? I'll leave updates here every once in a while, if for some reason you're still actively checking on this incredibly slow story T-T The path of cultivation is often portrayed as one stained by bloodshed. But is that truly necessary? Heaven is merciful, after all. On a rather ordinary day, a peasant girl was whisked away by a strange old man. In a hall of great white jade, she was offered the chance to cultivate. ...too bad she's as lazy as a sloth. Slice of life Xianxia with fairly little action in early chapters, more focused on comedy. Discord Link: https://discord.com/invite/kuhVNcK (finally fixed!)
8 89 - In Serial145 Chapters
Had To End Sometime (Apocalypse LitRPG)
Humanity is welcomed into the Multi-verse with a Notification that they have Failed the Quest to be considered Civilized. Humans are designated as Monsters and Earth is the Dungeon they must defend. The story follows identical Twin brothers who had a chance encounter with God-like power that changes them and grants them a desperately needed edge in the coming Apocalypse. Now separated by a continent during the end of the world and struggling to survive, they learn that everything has a price. Also there is a pug who will do whatever it takes to get some snacks, belly rubs, and warm snuggles. System Apocalypse story. Two MC's with at least a few major supporting char's will be OP MC's but still with some struggle never written anything before so don't be too mean but I do need any constructive advice you can give. No posting schedule. I work full time and write on my phone when/if i'm in the right mood. if you like the story just follow and check in every month I'll do my best to keep it going I have gotten to about one chapter every week, Give or take a day or two.
8 188 - In Serial55 Chapters
Bonfire of Souls
Volume I - The Last Great Race The Empire has endured over a thousand years since the fall of great human civilizations. Its cities are cut off from the world through walls and connected by railways. It is steeped in a very militaristic culture and cannot be any other way: Outside the walls, the Infected are waiting, controlled by a mysterious disease that strengthens and turn them extremely agressive.The rules of sucession do not follow primogeniture, instead up to six of the Emperor's children may chose to participate in a Great Race to control of the Capital, as well as elimination or surrender of all other candidates.In the Golden Cage, all children of the Emperor enjoy plenty, security and pleasure, but are almost completely shut off from any interaction with the outside. Tired of that life, Lia has decided to risk her life and participate as the sixth candidate in the upcoming Great Race. She was given a city govern and accumulate forces, she has found close allies.However, does she have the willingness and ability to pay the price needed to sit on the Throne? Volume II - The Grand Hunt Benjamin is not satisfied with his current life in the Empire. The life within Walls are almost suffocating. Seeking freedom, he risks his life by joining the Army of Prince Charles as the Great Race begins, deserting once they arrive at Destroia, the gate to the Wildlands. What will he find in strange lands, filled with stranger people?
8 255 - In Serial37 Chapters
Endsmouth: The Tower
First it was the virus. Then the bombs. Now Jordan Branch rules the world he destroyed. There's no one left to stop him. Or at least he thinks. TK Gabriel was an action hero in a past life, doomed to roam the roads in search of revenge on the man who took everything from him. That means going to Branch's Tower in what remains of the Las Vegas strip. That means fighting to the death in his arena. Branch and his wealthy elites watch while survivors battle his mutated creations for a chance at a warm bed and a hot meal. The rest do what they can to survive. Hope means something different now. Hope means doing whatever to survive. True hope for a better future seems impossible. ... until the action hero blows into town and defies the odds. He can't be what they want him to be, but hope comes from the strangest places sometimes. Note: was previously published under the pen name Kieran Legend.
8 317 - In Serial10 Chapters
Oh, I'm A God?
Just out of sight from our own, is a fantasy world where gods rule kingdoms and monsters lay outside its walls. Somehow, our normally shut-in protagonist Bell has been transported to this dangerous world, and with that the gift of energy of the archon god of space. Now Bell must learn to use his newfound power to try to make friends, defeat enemies, and navigate this corrupt world from destruction. Authors Note - This story uses a unique writing style called "Stream of consciousness" You get to read the inside of the protagonist's head and truly experience the world as he does.
8 159 - In Serial34 Chapters
The Rite of Sanctuary
Dozens, if not hundreds of worlds were destroyed or damaged by what amounted to a industrial accident on a higher level of existence. Many people and places however, were saved at the last instant and hastily slammed together into a makeshift world held together with magic and hope. The director was assigned to keep the whole thing going and stole the idea of a RPG driven system as a placeholder set of natural laws. One he is constantly having to apply ad hoc fixes and updates on the fly. The main character and the church he worked at end up being one of the places from modern earth that got saved. Possibly updating Saturday and Sunday if my schedule stays the same
8 148

