After the phone rang several times, Lin Zitan finally pressed the answer button.

"Hey, Daniel, where are you?" Elsa's voice eagerly reached his ears through his phone, causing him to suddenly feel an indescribable disgust.

"What's wrong?" Lin Zitan said in a cold voice.

"I was supposed to go downstairs to your apartment, but you never answered the phone, and I was already on my way back. ”

After speaking, without waiting for Lin Zitan to speak, Elsa hung up the phone!

Lin Zitan looked at the mobile phone that had become a busy sound, and a helpless smile tugged at the corner of his mouth.

He thought of Lin Shan, who he had just met, and saw that David was serving his girlfriend like a princess, and thought to himself that it should be like them to really like and fall in love, right?

And he and Elsa get along more like playmates, getting together when they need to, and busy when they don't.

In addition to the romantic stroll in Times Square, the most people saw after that was their own small apartment,

Maybe many people think that such a beautiful woman is your companion, what more do you want to ask for?

Lin Zi couldn't help but look up at the night sky covered by brilliant lights, and thought silently in his heart,

Isn't it possible for a man to ask for a little more than the pleasure of the R body?

For example, raising eyebrows, respecting each other, such as husband and wife, for example, when you need to rely on the most, she will always be by your side, as long as you stretch out your hand, you can get the warmth of home?

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The countdown to the last year of university life finally began in September.

Many students are starting to prepare for their graduation theses and looking for jobs or internships, but due to the rapid onset of the economic crisis, many industries are struggling in turmoil.

Especially in the financial, banking and credit industries, during 2007, at least 100 mortgages in the United States were either closed, closed down, or sold.

Top management did not quit the same list, with the CEOs of Merrill Lynch and Citigroup resigning within a week of the end of 2007.

As the crisis deepens, more and more financial institutions are either merging or announcing that they are in talks to seek a partner merger.

In the third fiscal quarter of 2007, U.S. housing prices fell by an average of more than 20 percent since their mid-2006 peak.

By January 2008, the inventory of unsold new homes was 9.8 times the sales volume in December 2007, the highest percentage since 1981.

Furthermore, nearly 4 million existing homes are for sale, of which nearly 2.9 million are uninhabited and vacant. This surplus of homes for sale has lowered house prices.

As prices fall, more landlords are on the verge of defaulting on their payments or foreclosure crisis.

It was at such an extraordinary time that Lin Zitan began his long-prepared house acquisition plan.

Because of the release of the first generation of love phone, the stock price of a certain fruit jumped up like a roller coaster.

Lin Zitan seized the best time and sold 20,000 shares at a high of 197.88.

After removing all kinds of taxes and fees, I only got about 3.4 million in the end, and the tax alone went to more than 500,000!

However, as the economic crisis deepened, the stock of a certain fruit was not affected much, but it also immediately fell sharply after the high of $198.08.

The stock suffered a downward correction of about 50% in 2008 and only slowly pulled higher later with the release of the second-generation love phone.

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Lin Zitan set up a new company at the end of 2007, and this time he is doing an LLC-type independent company, which translates to limited liability company in Chinese

An LLC can avoid the trouble of unlimited liability in terms of law and debt, and there is no disadvantage of double taxation in terms of taxation.

LLC type enterprises only need to declare income and expenses, and do not need to pay taxes, and the profits or losses of the enterprise are transferred to each member's personal tax bill according to the proportion of the members' property rights for declaration, tax payment or tax deduction.

As with a sole proprietorship, it is sufficient to declare the company's profits or losses on Schedule C of the individual tax bill, and the most important thing is that the members' personal assets will not be implicated in the company's debts.

This time to set up the company, Lin Zitan is no longer low-key, and has set up a special financial department, which is mainly responsible for the management of funds in the process of house sales.

After running in the real estate market for so long, he has already determined the target property for him to buy, one is the legal fear house, and the other is the new house.

Regarding the part of the foreclosure house, Lin Zitan only found out about it after entering the property. These foreclosure houses are different from ordinary house sales.

Houses with a market price of 1 million yuan were sold for less than 500,000 yuan!

But there are also many problems with these foreclosure houses, on the one hand, the owners are not highly motivated to sell,

Most of the owners were forced to sell by the bank in order to repay the arrears, and some of them have been forcibly repossessed by the bank.

This will incur a lot of costs in addition to the house price, such as the damage caused by the owner's inability to pay for maintenance.

There are also some owners who are dissatisfied with the man-made damage and damage to household appliances that have been repossessed by the bank.

Lin Zitan has seen a house, and the owner of the house has destroyed an entire wall, not to mention furniture and appliances.

This means that if Lin Zitan buys these houses, he will have to contribute some money to reorganize these houses, in the hope that he can get a high price in future sales.

The more damaged it is, the cheaper it is!

In order to recover the cost of the loan, some banks will close the deal as long as they can get back the debt or the price is a little more than the debt!

Another disadvantage that makes ordinary buyers afraid to make up their minds to buy is that the cycle is particularly long, and even if you pay in full, the process of buying and selling is very complicated.

Some require the current homeowner, the main lender, and all creditors to approve your offer, a process that takes time and is impatient for the average home buyer.

And what Lin Zitan has is precisely time!

He is not in a hurry, although the price of the house is slowly bottoming out, it will take a year or two to think about it, so he only wants to buy the property at the cheapest price to increase the market value by at least a third or more in the future.

For this reason, Lin Zitan also found a law firm specializing in auction house transactions, and cooperated with a brokerage team specializing in auction house sales.

Because many good foreclosure properties have been bought by industry insiders before they are publicly released, such as real estate developers with access and some professional real estate agency companies.

The part of the new sale of houses is caused by the fire in the housing market in previous years, and many houses built around 2005 have just been completed at the end of 07 and early 08.

The windfall profits of the real estate industry in the early stage have brought huge benefits to real estate developers. The current evolution of the subprime mortgage crisis has strengthened the momentum of the continuous decline in housing prices, coupled with the backlog of unsold houses, and the financial pressure cannot be ignored.

During this period, the small investors who went against the tide basically made a lot of money! It is just that it is difficult to show up in the torrent of the global economic downturn.

And Lin Zitan is one of the people who seized this rare opportunity.

By the end of 2008, Lin Zitan had purchased nearly 10 houses, all of which were all-brick and two-family houses, and although they were distributed in various districts of New York, the prospects for making profits were very huge.