In 2022, Lin Zitan will be 36 years old, and for many men who are clamoring to achieve financial freedom before the age of 40, he has been very successful!

In the first quarter, the three supermarkets all achieved more than one-third of their net profits, earning more than one million per month, and the instant noodle shop received an average of 50,000+ per month, and the most profitable thing was rental income, with small expenses and stable income.

Add to that the profits of Internet companies and venture capital, and the total revenue in the first quarter was in the tens of millions of dollars, and there are two charitable foundations that can freely mobilize hundreds of millions.

Since he decided to invest in real estate again, Lin Zitan has set his sights on the old brick houses that are broken or need to be renovated, because the country's economic recovery is very slow, so he is not in a hurry to sell.

After buying such a second-hand old house, Lin Zitan found the construction team he had cooperated with before to renovate it inside and out again, and when the housing market soared, these houses could be sold for a lot more money as soon as they changed hands.

According to the latest news released by AttomData, the average net profit per renovated home in the United States is $54,787, and the net profit of renovated homes in New York City is $95,000 per home.

In addition, when the economy is in a downturn, there are few buyers, but those who sell their houses can't wait, and the environment of the rental market is not good, and the quarterly land tax is a large expenditure, so there are more and more investors and homeowners who are eager to sell their houses to pay off their debts.

Recently, Lin Zi has been delayed from venture capital, and the rest of the time is busy holding meetings with their home buying team to discuss and evaluate the properties to buy.

In fact, Lin Zitan didn't understand what people said until he became rich, the richer he was, the less time he had!

Those big bosses who are idle and playing around playing on TV are definitely not really rich, they are just nouveau riche, because the real rich really don't have the energy to spend their time on entertainment.

In order to ensure the state of his body, Lin Zitan has to squeeze out time every day to exercise, accompany his children and wife, and occasionally go back to see Li Manrui and his grandfather.

No, recently he finally found some time to be lazy and took the children to Baltimore to visit the aquarium and came back, and was pulled by Eddie to talk about new investment, Eddie said that he had a fancy for a few pieces of land and asked him to develop it together.

"I have reliable information first-hand, which has been double-confirmed from my dad and Johnson, if we can take these pieces of land, we will really send it!"

Eddie handed the information to Lin Zitan, rubbed his hands and said excitedly.

"You're talking about developing a residential complex here? New York ZF isn't going to be such a cheap developer, is it? It's not a low-rent apartment. Lin Zitan looked at the drawings and said seriously.

"Of course ZF wants a piece of the pie, you have no doubt about this, this time this is not like the previous low-rent apartments, just one or two buildings, this time this is this large area developed together, it has been planned before, but it has not been started.

Perhaps in order to attract money from the developer, ZF finally agreed to put this piece of land up for auction, but this project is not too small, and we can't afford it! So we have to find more partners.

Take a look at these materials first, there are raw land and cooked land, it depends on how much we can photograph, anyway, there must be more than one or two people who want to eat this piece of fat, it depends on who is more courageous!"

After that, Eddie explained to Lin Zitan about raw land and cooked land, as well as rice land planning or something.

It turns out that the United States has made a use plan for the land of the whole country. The land in the city and its suburbs have detailed plans that dictate the use, type and size of each plot, and vary from state to state, but are largely the same.

Land plans are demarcated prior to development and generally cannot be changed. Because each piece of land has a detailed plan, developers should choose the land that suits their development purpose, such as building commercial buildings or residential buildings.

Places that have been planned to be used as residential in the United States must not have commercial use, unless you specifically apply for it, because the land tax for commercial use is much higher than that for residential use.

It is very troublesome to change a commercial building to a residential building or to convert an ordinary residential building to a commercial use.

Some places even have requirements for the height of the building, and the construction of villas and high-rise buildings on different plots is also different, and the developer can only do it in accordance with the requirements of the government, otherwise it will be troublesome if it is not allowed to be sold.

Another important thing is location, which largely determines the success or failure of development. Location is determined by a number of factors, but one of the most important is the distance from the city center. Of course, the closer you are to the city center, the higher the land price.

Another point is that people in the United States choose to live more in places with water and trees, so if you are around lakes and woods, housing prices can also be more expensive than ordinary land.

"Although our last cooperation was also full of twists and turns, but now that we have finally got the principal back, this time the old man also spoke, let me and my uncle have any good projects, don't forget to bring you.

It seems that your performance in the past few years has been good, and you have even made the old man regard you as as important as a few of our grandchildren!"

Eddie saw that Lin Zitan was sitting there and watching seriously, and he was afraid that Lin Zitan would not invest because of the risk, so he couldn't help but complain.

"Did Grandpa ask you to call me?" Lin Zitan looked up suspiciously.

"It's not as obvious as he said, but he did let us give you more chances, which was unique before, but it's true that Grandpa has always loved Emma the most. Eddie said sourly.

The two of them discussed the land auction for a morning, and then Eddie said that he would find a more credible partner, after all, this project will be discussed, not to mention more than a billion yuan, such a risky investment, of course, to find a few more people to share.

Even though Lin Zi thought of Zhang Jing, he wasn't sure if Zhang Jing was willing, so he didn't bring it up, and only waited to go back and discuss it with him before making a decision.

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Since the last time he cooperated with Eddie to develop low-rent apartments, Lin Zitan has been looking for this kind of land development opportunity, but the only bad thing about this kind of investment is that foreigners are too slow to build houses.

Just like the previous low-rent apartments and commercial buildings, this kind of project can be completed in a year or two at most, or even faster, in China, but they took almost four years to complete.

If this batch of land is auctioned and then completed, it will be at least four or five years old. Investing in real estate development in the United States is much more stressful than buying and selling second-hand houses, but the returns are relatively richer.

After Lin Zitan went back, he took stock of his existing funds and the total amount of funds that could be mobilized, and more than 100 million of the more than 200 million that he sold Amazon before had been invested in venture capital, and some of them planned to buy second-hand houses.

After selling Amazon's shares before, because he didn't find a good investment project in the short term, he also bought a few inexpensive but maybe promising stocks and put them there.

When he bought it at the time, he considered that during the domestic epidemic, the children were all teaching online, so the platform that provides online video support should have a chance to rise, so he chose Zoom, which was sold by him before and fell to the bottom this time, and Zoom, which provides online video support.

Both stocks are relatively cheap, so Lin Zitan bought 300,000 shares of Must-Die, and 500,000 shares of Zoom, plus Gu Ge, who has never been willing to sell, and now Gu Ge's stock has exceeded 2,000 US dollars, so he can at least cash out nearly 200 million from the stock.

Eddie told him not to worry, they only need to prepare 20%~40% of the principal in the early stage, if they can take the land down, and then mortgage the land to the bank for a loan.

After weighing the pros and cons, Lin Zitan decided to take a bold challenge, the only risk of this investment is a change in the political situation, but if they can find a stronger partner, then the odds will be greater, such as the Eric family.