Chapter 0108: Take a bigger step
Wang Dalong looked at Xu Jisheng with a sly expression, and then said quite insincerely: "I am lonely and unheard, I know everything anywhere, but President Xu is well-informed, and I am quite grateful to be able to explain my doubts." ”
Hearing this, Xu Jisheng nodded, basically understood what the other party meant, and then asked, "I don't know what news Mr. Wang wants to inquire?"
"Zhou Peng's. Wang Dalong always had an elusive smile on his face, and he didn't know whether he was friend or foe.
"Zhou Peng, are you here!"
Xu Jisheng nodded and looked at Wang Dalong.
"What the hell is going on?"
"We can't see through it!" Xu Jisheng frowned.
Wang Dalong nodded, and also frowned: "Is it Mr. Wu who sells oral liquid, or Mr. Gao, who sells solar energy?"
However, Xu Jisheng shook his head: "If it is the background in Quancheng, we have all been mixed in Quancheng for so many years, and it is estimated that we can make a big difference, but I can't figure out his origin, you and his origin, is it big?"
Wang Dalong nodded slowly at this time, couldn't help but gasp, and then said: "If it weren't for the background of Mr. Wu and Mr. Gao, it would be the background of the official brand, and then the big boss from the south." It seems that the real estate of our Spring City has really reached the point where the wolf is talking. ”
Xu Jisheng smiled and took down his wine glass: "Mr. Wang, there is wine today and drunk today, no matter what background he comes from, as long as your Dalong Real Estate can make money for you, can't you?"
"Hahaha, brother's sentence is true! We people, we can't care so much, hahaha, let's drink. ”
Wang Dalong wanted to extract some useful information from Xu Jisheng's mouth, but found that the other party was an old fox, who didn't fall into his own trap at all, and what he got was nothing valuable.
To tell the truth, at this time, if Zhou Peng came over with them, he didn't have any background, his parents were farmers who did their duty, and then he was playing games to make money, and none of the bosses and presidents of the company executives here would believe it.
However, there is one thing that Wang Dalong is still very satisfied with, that is, at the banquet, Wang Dalong asked Xu Jisheng to introduce Zhou Peng to him, and the other party happily agreed.
Most bank presidents are brokers, introducing their bosses to each other and profiting from them.
On the other hand, since Zhou Peng acquired Baotai Real Estate, he had to start carefully calculating the money in his bank card.
After two months of debt settlement, he has to repay about 25 million debts with interest, and then prepare 1,500 cash to repay the debts by the end of the year.
At the same time, Zhou Peng also learned that Baotai Real Estate has acquired a total of four pieces of land in four cities, and now in addition to the 16,000 square meters of land on the side of Windy City, the other three plots of land, including the land in Quancheng, have not yet started.
Originally, before March 2003, it was quite easy for real estate companies to borrow money from banks, and even to find good relationships and guarantees, from buying land to building buildings, all the money could be borrowed from the bank.
Yes, as long as the relationship is in place, a real estate company can take the money in the bank and build a house to make money without investing much money.
It is precisely because of the existence of this phenomenon that a large number of related companies have gone crazy into the real estate industry.
Then, in March 2003, the state issued a hard rule that the company's own funds for real estate investment should not be less than 30%.
Then, in 2009, the real estate recession reduced the proportion of the real estate company's own funds to 20%.
In 2003, taking the Windy City project developed by Baotai Real Estate Company as an example, because the land was acquired relatively early, the price per square meter of the 16,000-square-meter parcel was 200 yuan, and then the design plot ratio was 1.2, so the floor price was 167, and the construction cost and sales cost added up to about 300 yuan. That is, in 2003, the completion cost of commercial housing in Windy City was about 467 yuan per square meter, and the house price was about 650 yuan per square meter.
The total construction area of the Windy City is 19,200 square meters, and the total investment is 9 million, while the developer himself has invested 2.7 million.
Then by the time Zhou Peng acquired Baotai Real Estate, the entire Windy City project had invested 1 million, and there was still a funding gap of 1.7 million.
With another 1.7 million invested in Windy City, you can take out a loan from the bank, and then continue to build a house and start selling houses to make money.
At this time in 2003, in order to let the developer build a commercial house as soon as possible, the local government would even wait until the developer sold the house.
Even, some third- and fourth-tier cities still have this phenomenon in 2020.
In order to ensure that the developer builds the house, the local government will also sign a contract with the developer, support the developer's bank loan, and urge the developer to develop as soon as possible, if the development cannot be carried out within the agreed period, the government may also take back the land.
At the beginning of real estate development, the vast majority of real estate projects, even almost all of the second, third and fourth tier cities, have the shadow of the government.
The Windy City project only needs 1.7 million yuan to complete successfully, while the Island City project needs at least 3 million yuan, the Taicheng project needs 2.2 million yuan, and the Spring City project needs 2.5 million investment.
Together, the four projects require $9.4 million in funding.
Li Keqing and the others finished the asset liquidation, and then after Zhou Peng got the report, he began to calculate it in a villa in the Yulong Garden District on Luda Road, which he bought for 600,000 yuan.
"Four projects started at the same time, and it was only 9.4 million. Now my net income is 600,000 yuan, and two months later, I will have 36 million cash assets in my hand, and after paying off the debt of 25 million in two phases, I still have 11 million in my hand. ”
Meng Chaoyuan came over at this time and asked with a smile, "Husband, why are you so happy?"
"Well, in this way, I'll go to the real estate company this afternoon to have a look, oh yes, you go to the studio today, Sun Yinlong went back to Luzhong this morning to get my driver's license, and when he gets his driver's license back, I can drive myself in the future." ”
"Husband, when will you teach me to drive?"
"Next time we go back to Luzhong, let our uncle also get you a driver's license, and I'll buy you a car when you go back, and you can drive it after a few times." ”
A villa of more than 200 square meters, Zhou Peng immediately bought it without frowning, after all, more than 600,000 yuan in his eyes, and now it is only a net income.