Chapter 267: Enjoy the process of making money (one more continue to ask for tickets, Mo Mo Da~)
The love between Lin Zitan and Emma finally made a qualitative leap with the joint efforts of the two of them.
Because the two families are so close, Emma would come to Lin Zitan's apartment whenever she had time to enjoy a meal, sometimes for the night, and sometimes sneak home for the night.
For the sake of his girlfriend, Lin Zitan also slowly learned the cooking skills he had put aside for many years, and in order to catch his girlfriend's stomach, he really returned to his old business!
The happy life not only did not make Lin Zitan addicted, but made him more motivated every minute, because if he wanted to keep this happiness, he needed to put in more efforts.
Since Easyrent's listing, the company's business volume has also improved with the economic recovery, and the stock has risen from the initial $8 to $9.3, and it is still trending upward.
After Lin Zitan met with Eric, he discussed two real estate investments, and slowly reached some cooperation intentions.
Because Lin Zitan's company used to focus on buying fixed real estate and shops as much as possible within its ability, and did not focus on ordinary apartments with uneven prices.
So when Eric suggested that he increase his investment in apartments in various districts of New York, Lin Zitan was still a little hesitant.
It's just a coincidence, Lin Zitan went to the Bronx for Li Manrui to sign a shop lease, and found that there was a large building complex not far from those properties.
The complex consists of about 50 buildings, each with about 90 apartments of various sizes. The population density of this place is very high, and it is also very concentrated, so let the lawyer do a property survey, which is a large cooperative apartment complex,
It is home to nearly 5,000 households, and is surrounded by shops and public facilities, with Metro 6 running directly to downtown and the Brooklyn Bridge. And because of the impact of the subprime mortgage crisis,
Some unemployed families cannot afford to pay management fees and land taxes, so they have to sell their apartments to rent a house to maintain their normal living expenses.
By the time Lin started to buy, home prices had risen from $115 per square foot at the height of the subprime mortgage crisis to more than $130 per square foot.
Lin Zitan allowed his team to buy nearly 50 bachelor apartments and two-bedroom apartments very smoothly, because the price was relatively cheap.
Coupled with the government's adjustment of the local tax policy, the original $1 million can buy up to two two-family houses with the blessing of loans, but now $1 million can buy more than a dozen small apartments.
And the point is that the rate of return when renting out is much more cost-effective than those big houses. The advantage of co-op apartments is that there is a special management committee inside, and there are usually things to do.
Tenants only need to call the management office to do it, shovel snow in winter, sweep leaves in summer, do not need to manage and worry, and send a special person to collect rent every month.
At the end of 2011, after two and a half years of hard work, the government worked hard to maintain market fairness from legal, administrative and economic aspects, expanded the supply of housing, narrowed the gap between supply and demand, gradually stabilized the negative impact of the subprime mortgage crisis, and stimulated the slow recovery of the economy.
The successful listing of Easyrent also made Lin Zitan make a reasonable time plan for the listing of Apartment in the future, starting from their sensitivity to many years of experience, plus the mention of the real estate agency boss at the last party.
Lin Zitan knows that the real estate industry in the United States, after more than two years of moderation, is gradually warming, which can be felt from the number of people who see the house every time the house is exhibited.
Those who have come out of the shadow of the subprime mortgage crisis, with limited funds in their hands, coupled with the blessing of various preferential policies of banks, are eager to try and hope to seize the opportunity to buy a house before the next property boom comes.
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Just when Lin Zitan put all his energy on real estate investment, Hongrong Freight's stock also slowly improved with the economic slowdown, and it was only 12 US dollars when it was listed before, and now it has risen to 23 US dollars, so that the valuation of Hongrong Freight is rising.
It is precisely because of the continuous growth of Hongrong Freight that it has been targeted by the two major restaurant consumables suppliers that originally monopolized the United States, among which US Food, a local manufacturer of the United States, first threw an olive branch and wanted to acquire Hongrong Freight at a price of 270 million.
The four major shareholders, Lin Zitan and Joseph, who had just tasted the benefits of the stock dividend, did not want to sell the company so early, because as long as their company's stock kept rising, they would not be able to get a better price.
During this period, Joseph also obviously had a new investment target, although he was still very concerned about the management of Hongrong, Lin Zitan had already felt his distraction.
After a heart-to-heart conversation, Lin Zitan knew that Joseph had always had plans to make a comeback, and he was just reserving his strength during his years in Hongrong.
Over the years, Hongrong has been managed by Joseph, plus a series of promotions such as listing, Lin Zitan understands his hard work and dedication very well, but seeing people who are nearly 60 years old still working so hard, he still admires him very much.
So in the end, it was decided that in another year or two, once they encountered a better opportunity and price, they would sell Hongrong.
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Since the last time Zhang Jing and Alice had a slight compromise because of the child's problem, the two of them are basically in a state of disconnection.
Zhang Jing can't be stationed in New York because of domestic business constraints, but he will come over every once in a while to eat and drink at Alice's place in the name of watching the children.
At this time, the child also needs to be taken care of by his parents, so the sense of identity with Zhang Jing's father is still very high, which makes Alice very helpless.
Because Alice wants to create a little fame on the road of fashion design, she often has to participate in some design competitions or participate in some fashion shows, and Zhang Jing will help her make all these preparations clear.
Whether it is in money or in life, she always gives her a lot of support in time, which makes Alice more or less moved, especially after becoming a mother, she is very easy to be emotional, and she and Zhang Jing have become boyfriend and girlfriend with children after coming and going.
At the end of this year, Zhang Jing put down his domestic work and came to New York to spend Christmas with Alice and the child, and the two-year-old little guy has begun to become a little naughty.
Except for the mouth that is more and more like Zhang Jing, the other facial features are the same as Alice, which is simply loved by the family, and the flowers bloom.
On Christmas night, Lin Zitan invited the family to his and Emma's love nest reunion, and Emma, who had seen Alice once, was very happy that Alice brought the little one to play, and the two could even be said to be at first sight.
"Did I see you somewhere before?" said Emma as she waited for her to eat.
"Really, I don't seem to be very impressed~" Alice and Emma are several years apart in age,
But Emma always felt that except for the time at the airport, she seemed to have seen Alice in her own circle, or someone who looked like Alice.
"Do you usually take him with you?" asked Emma with a gentle smile as a two-year-old boy sat seriously on the living room carpet fiddling with Lego.
"Well, most of it is brought by myself, and it is only handed over to the nanny when I go out to work, so he is very sticky to me. Alice smiled motherly and looked at the baby she had brought up with her hand, and said with satisfaction.
Lin Zitan and Zhang Jing are busy in the kitchen, one is busy cooking some Chinese food that his girlfriend loves to eat, and the other is busy mixing salads, afraid that Alice will not be used to it.
"Alas, I said you can! I really got the eldest lady done!" Zhang Jing whispered while busy.
"You can get Alice done, and I can't be too inferior!" Lin Zitan said with a smile.
At this time, the sun was just right, Emma's face was filled with a warm smile like the sun, Alice and her two of them were talking quietly, and bursts of laughter were heard from time to time...