May 31st …
Pei Qian was having lunch at Fish-Catching Internet Cafe's Handong University branch when he received Little Sun's call.
"Boss Pei, I've found the building you asked me to look for previously. When are you going to take a look?"
Pei Qian thought for a moment. "2 PM. Go to the hotel to pick up Mr. Liang, and then come to the internet cafe to pick me up. We'll go together.
"Also, send me the information of the two districts. I'll take a look."
It had been a month since Pei Qian moved into his new residence.
Pei Qian was very satisfied with the Sloth Apartments model after living there for a month. It ensured his own living experience while trying to dissuade other tenants.
Pei Qian was the only one living in the first building of Sloth Apartments so far. There were no other tenants at all.
On one hand, it was because Sloth Apartments did not have much publicity. On the other hand, it was too expensive and had too many rules. It directly dissuaded a few customers who found it by chance.
All in all, everything was fine so far!
Therefore, Pei Qian thought that it was about time to continue.
He had not spent all the money from the movie box office. Buying buildings could quickly spend this money. At the same time, considering that the conversion of fixed assets was 10%, it was more appropriate for Pei Qian to spend sixty to seventy million yuan on buildings this cycle. He had spent thirty million yuan previously; he could spend another forty million yuan.
This time, Pei Qian planned to buy two more buildings and spend about thirty-five million yuan. He would spend the rest on renovations. He would continue to spend more if there was not enough.
Some successful experiences had to be passed down. For example, the buildings had to have some flaws.
For example, odd-looking houses could be considered first.
Square, north-south, north-south houses could be easily rented out if they were decorated a little prettier. Odd-Looking houses often meant that the living experience would not be very good, the space would be wasted, and the price-quality ratio would be poor.
If the price of such a house was raised slightly, people would not be willing to rent it.
At the same time, successful experiences such as not adding furniture, arranging for housekeepers and cleaners to increase premiums, and implementing minimalist renovation style must be passed down.
In addition, Pei Qian also considered some shortcomings of the existing model.
He had bought a well-renovated house before mainly because Pei Qian was in a hurry to move in. He also wanted to quickly see if the Sloth Apartments model could incur losses.
Therefore, he had spent a lot of money on soft decorations before. He had given a big television, high-end furniture, various smart homes, smart dimming glass, and so on.
This time, Pei Qian decided to buy a dilapidated building and renovate it as well. Wouldn't he be able to spend more money then?
Anyway, he wasn't going to live there, and he didn't plan on renting it out either. It wouldn't be a problem if the construction period was longer and the living experience was worse.
Spending the same amount of money, one plan was to buy a high-priced, well-renovated building, and the other plan was to buy a low-priced, run-down building that no one wanted, and then spend all the money saved on renovations.
Obviously, the second plan actually obtained fewer fixed assets and had a smaller impact on the settlement.
This time, Pei Qian wanted to buy two more buildings. After considering that he could not put all his eggs in the same basket, he purposely chose two buildings that had a completely different style from the one in Dawn of Prosperous City. Then, he asked Little Sun to look for two buildings that had a specific style.
The other type was a commercial and residential building with fewer tenants.
The other type was an old building in a remote area that no one stayed in all year round.
In short, the purpose was to pick up trash in different ways.
Nowadays, most of the houses could be found online. Moreover, there were all kinds of intermediaries who wanted to take money from your pocket. It was not difficult to find such places. After Pei Qian handed this task to Little Sun, Little Sun ran around Jingzhou for two days and quickly found it.
At the beginning of the month, Little Sun was supposed to be in charge of receiving Liang Qingfan. However, a few days later, Liang Qingfan felt that it was better for him to wander around Jingzhou freely. Thus, Little Sun did not follow him around. Pei Qian arranged for him to look at houses.
Liang Qingfan had officially been herding sheep in Jingzhou for almost a month now. Pei Qian felt that it was about time to arrange for him to start a new job.
After lunch, the waiter cleared away the cutlery and served a cup of coffee.
Pei Qian sipped his coffee as he called Liang Qingfan.
It rang a few times before Liang Qingfan picked up. "Hello? Boss Pei? "
He sounded a little nasal as if he had just woken up.
Pei Qian could not help but feel happy.
He must have been too high after playing for a month. Otherwise, why would he still be sleeping at 12 PM?
Afternoon nap? There was no reason for him to take an afternoon nap at 11 PM.
Very good. Pei Qian admired talents like him who would go sightseeing and sleep when he was not working and never thought about work!
Pei Qian did not ask further, afraid that Liang Qingfan would misunderstand and think that he was spurring him on.
"I've thought about it. Sloth Apartments is almost ready to enter the second phase. How about it? Can we start work?"
Liang Qingfan, "Of course!"
Pei Qian was very satisfied. "Alright, hurry up and get up. Have a meal at the hotel. Little Sun will pick you up. We'll look at the houses together then."
After hanging up, Pei Qian began to look at the details of the two locations that Little Sun had sent him. Then, he began to search for general information online.
One was the Shundong Gardens residential-commercial building. It was in the city and had just been completed recently. However, because it was a newly developed residential-commercial building, not many units had been sold yet.
The other was Binhu District Building 9. It was built in 2001 in the suburbs of Jingzhou City. The only thing worth mentioning was that there was a park nearby and a man-made lake. One could see the lake from there. However, from the layout, it was as weird as The Rising Sun in Dawn of Prosperous City.
The rental prices of these two places were obviously lower than other residential buildings in the same area. Obviously, they were not popular.
As for why they were not popular, it was because they had their own disadvantages.
Pei Qian was very happy. Little Sun was quite reliable!
…
At 2: 30 PM, Pei Qian and Liang Qingfan first arrived at the Shundong Gardens residential-commercial building.
The sales consultant was very enthusiastic, but Pei Qian politely kept him at the door.
With a professional architect here, why would he listen to you?
The entire residential-commercial building had a total of eleven floors. Each floor had two elevators and seven units. Each floor was 5.5 meters tall. Each apartment was 7,000 yuan per square meter. The entire residential-commercial building cost about 270,000 yuan. That meant that the entire residential-commercial building would cost more than twenty million yuan.
Liang Qingfan looked at the layout and immediately understood. "Boss Pei, you want to buy a residential-commercial building?"
Pei Qian nodded. "That's right."
Liang Qingfan did not say much. Since Boss Pei had confirmed that he wanted to buy a residential-commercial building, he must have some understanding of its shortcomings.
Pei Qian did have some understanding. However, these shortcomings were the reason why he decided to buy a residential-commercial building.
Compared to ordinary residential buildings, residential-commercial buildings had a short ownership period. Water, electricity, property management, heating, and the like were all calculated according to commercial standards. The cost of living was higher. The overall living density was higher, the units were small, and there was no north-south connection. The comfort level was often lower.
Pei Qian thought about it. Although residential-commercial buildings were generally sold at thirty to forty percent lower than residential buildings, they had poor appreciation potential, high daily expenses, and a short ownership period. Wouldn't it be easier for him to incur losses if he spent a lot of money on renovations?
As for why he wanted to buy a new building …
There were older residential-commercial buildings, but he had to buy the entire building since he had to arrange for building managers and cleaners in the Sloth Apartments. On the other hand, it would be very troublesome if he met one or two holdouts who were unwilling to move unless no one wanted them and the residents were eager to get rid of them.
Thus, it was more worry-free to buy a new building. Even if he had already sold a few units, he could consider buying them again at a slightly higher price.
Pei Qian looked around. The apartment was squarish. It was basically no different from ordinary loft apartments. The living room, dining room, and kitchen were on the lower level. However, there was no natural gas. He could only use ovens, microwaves, induction cookers, and the like.
Pei Qian nodded silently. Yes, that was one of the more satisfying places.
The layout of the second floor was relatively simple. It was purely used as a bedroom.
Pei Qian looked around and found that the overall living environment was not bad. However, the entire area was very small. This meant that if he continued to renovate the apartment in the same minimalist style as before, the entire apartment would not be able to fit too many things. The actual living experience would not be good.
On top of that, he had to pay for building managers, cleaners, and daily utilities. Pei Qian was confident that he could raise the rental price to a level that ordinary artistic youths would not be willing to rent.
Pei Qian looked around and felt quite satisfied. He turned and asked, "Mr. Liang, do you think this price is suitable?"
Liang Qingfan thought for a moment and said, "It's slightly on the high side, but it's still within an acceptable range. However, the biggest problem is … "
Pei Qian did not wait for Liang Qingfan to finish speaking. He turned and said to Little Sun, "Alright, I'll buy it. Inform Assistant Xin, and then we'll continue to look at the next building. "
Liang Qingfan, "…"
The agent had been waiting at the door and did not follow them in. When he saw that Pei Qian was about to leave, he quickly walked up to him. "Sir, if you're not satisfied with this apartment, you can consider other options …"
Pei Qian walked out directly. "I want this building. Someone will come to sign the contract with you in the afternoon."
Liang Qingfan followed behind Pei Qian, silently swallowing his urge to remind Boss Pei of the shortcomings of this apartment.
The agent watched the three leave and blinked, unable to react for a moment.
Buy it? An entire building?
Are you trying to make fun of me?
…
After leaving Shundong Gardens, Pei Qian and Liang Qingfan arrived at the second address: Binhu District Building 9.
Since it was in the suburbs, it took a full 40 minutes to reach.
There was a park near Binhu District. There was a man-made lake in the park, and one could see the scenery of the park from upstairs. The higher the floor, the better the view.
Building 9 had a total of 12 floors. There were two units on each floor. Like the neighboring Building 8, there was a semi-cylindrical protrusion that faced the park and the man-made lake.
Each apartment was more than 60 square meters, with two bedrooms and one living room. The average price was 8,000 yuan, and the total price was 500,000 yuan. This building had eight floors, and the total price was more than eight million yuan.
This price was obviously lower than the average price of a house in Jingzhou City. On one hand, it was in the suburbs. On the other hand, no one had moved in or even rented for a few years. Naturally, the price had been falling.
The agent led Pei Qian and the others to the top floor of Building 9. There was a 180-degree curved floor-to-ceiling window directly opposite them. The beautiful scenery was unobstructed.
Pei Qian could not help but frown. He wanted to retreat on the spot.
However, he saw that Liang Qingfan was frowning as well. He immediately changed his mind.
"Is there a problem with this apartment?" Pei Qian asked.
Liang Qingfan looked like it hurt his eyes. "Of course, there's a problem. Otherwise, why would no one live in this building until now?
"The entrance and the corridor are only 70 centimeters wide. It's so narrow that it would be difficult to move furniture in. What's more, this is an old house from ten years ago. The waterproof layer seems to have been damaged. The ceiling is full of mold, and the corners of the walls show signs of water accumulation. If you want people to live in it, you have to redo it.
"The kitchen is in a small corner of the living room. The bathroom is also very small. The living experience would be very poor.
"There's also this curved floor-to-ceiling window. It's the same principle as the house in the Dawn of Prosperous City. Because of its irregular shape, it's not used very well.
"However, the house in the Dawn of Prosperous City is very large. That's why I didn't feel anything. This house has limited space to begin with. If we can't make full use of the space, the living experience would definitely be worse than the one in the Dawn of Prosperous City.
"What's more, there seems to be some problem with the structure of this house. There must be a reason why it's so cheap. If ordinary designers and renovation companies were willing to take it over, they would definitely buy it and renovate it. However, no one has moved in or renovated it. That means that it's very difficult to renovate. Ordinary renovation companies wouldn't dare to take on this job!
"All in all, the structure of this house is probably not suitable for large-scale renovations. Either that, or it would be very difficult to do so.
"Rare landscapes only have value in the luxury housing market. In the ordinary housing market, it's a classic example of chicken ribs. Not only would there be no premium, but it might even be a deduction."
Pei Qian nodded. "I understand. Little Sun, I'll buy this building and the neighboring Building 8. "
Liang Qingfan: "?"
I've said so much, but Boss Pei didn't listen to me at all?
It's fine if he bought one house, but he's buying two buildings at once? He's throwing sixteen million yuan at them?
If Liang Qingfan could reluctantly accept the previous residential-commercial building, he could not accept this one at all. He had to say something!
"Boss Pei, I've already said that it would be very difficult to renovate this building. It's not even certain if it can be renovated …"
Pei Qian smiled and patted Liang Qingfan's arm. "That's why we can see the standards of the designer, isn't it?
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