What’s the solution?
Luo Degui had just promised the Futian Street Office officials that he wouldn’t cause trouble.
Old Man Luo chuckled, seemingly confident:
“If she takes that plot of land, where will the nearby villages dump their garbage? First, you need to reason with her and ask for a solution. Second, when she starts building houses, she’ll need workers. Suggest she hire from Ganquan Village… When she refuses, compromise by getting Yaozong in there. All conditions are negotiated through mutual compromise!”
Luo Degui fell into deep thought, while Luo Yaozong listened with mounting fear.
His grandfather hadn’t dealt with the female fury before and thought she would be easy to handle. Was he trying to create opportunities by placing him near her?
Luo Yaozong instinctively felt terrified.
“No way, she’ll kill me! The people around her are all very formidable!”
Old Man Luo completely dismissed Yaozong’s objection.
The old man was the type who never backed down once he set a goal. He looked down on all the village girls as potential granddaughters-in-law. He understood well that a man’s success was closely tied to his choice of wife.
Moreover, he couldn’t possibly let go of that piece of land.
The Luo family couldn’t afford to buy back the land now that Shenzhen’s land prices had skyrocketed compared to pre-liberation times.
Old Man Luo was quite pleased with the prospect of a wealthy and capable granddaughter-in-law.
As for whether his grandson Luo Yaozong was worthy… Yaozong was the only male heir in three generations of the Luo family – how could any girl be too good for him?
Men become sensible after marriage, Yaozong was just immature now, but he would surely amount to something in the future.
Old Man Luo pulled his son Luo Degui inside to discuss.
Luo Yaozong stood trembling in the courtyard.
Marry the female fury?
Impossible, he would surely be beaten to death!
…
Xia Xiaolan was unaware that some self-proclaimed clever people were about to indulge in wishful thinking again.
She was still busy – acquiring the land was just the first step. The second step was finding people to clear the garbage from Jinsha Pool.
How much could she borrow from the bank with a stinking pond as collateral?
The land value was less than 3 million yuan. Going through Uncle Pan Weiliang’s (Director Pan’s) channels, they would at best calculate it at 3 million yuan. This borrowed money would barely be enough to repay the funds from the Nanhai Hotel project.
Zhou Cheng, Kang Wei, and Bai Zhenzhu had pooled together 900,000 yuan, giving Xia Xiaolan some breathing room. The 3 million loan could repay both the 1 million registration capital withdrawn from the Nanhai Hotel project.
But that was all – she still had no money in hand!
She would have to wait until the Nanhai Hotel’s renovation was inspected and approved before she and her uncle could receive the final payment of 2.1 million from Dongfeng Holdings.
Their real profit from this project would only come from that final 2.1 million payment.
After repaying Manager Wu’s loan, they would each have several hundred thousand in profits.
Even if Xia Xiaolan took out a third loan, it would only be for several hundred thousand, totaling just over 1 million in capital – would that be enough to build the Jinsha Pool property?
That amount of money thrown into a real estate project wouldn’t make even a splash.
Liu Yong had offered to lend her money – together with her uncle, they could pool all their cash flow to reach two or three million.
But this would leave Yuanhui without working capital, meaning her uncle would be putting his own business on hold to help her. Liu Yong refused to take shares in Qihang, and Xia Xiaolan didn’t want to do it this way… it was best if Yuanhui could operate normally, as several dozen workers depended on Liu Yong for their livelihood.
To ease her financial pressure, she would need to secure a larger bank loan against the land!
If a 3 million loan wouldn’t solve the problem, what about 6 million, or even more?
Then after repaying the Nanhai Hotel project funds, she would still have several million at her disposal. Add in some down payments from property buyers, and she should be able to sustain the first property development.
Xia Xiaolan was always open with Liu Yong about these business calculations:
“A stinking garbage pool can only secure a 3 million loan, but before we approach the bank, we must increase this land’s value. After clearing the garbage and letting people discover the golden sand at the bottom, it becomes an extremely auspicious piece of land that can naturally secure a larger loan!”
Jinsha Pool was destined to shine after the garbage was cleared.
This land only cost 120,000 yuan per mu, but if Xia Xiaolan wanted to flip it, people would immediately pay 240,000 per mu to take it over.
This was Shenzhen’s first approved commercial housing land – 23.2 mu wasn’t small for housing development. Unlike before, they could build commercial housing openly and legitimately.
Not to mention, Hong Kong merchants would be very excited about this.
No one understood better than Hong Kong merchants how quickly one could make a fortune in real estate.
The usually passive Ying Jinchuan suddenly spoke up:
“The stinking bamboo ditch is worth 120,000 per mu before clearing. Change its name and clear the garbage, it becomes worth 240,000 per mu. If we can attract Hong Kong buyers, it could double again to 360,000 per mu. By then, even a 10 million yuan bank loan wouldn’t be a problem.”
Hong Kong had never gone through a movement to eliminate feudal superstitions, so feng shui remained popular there.
In business, even the smallest shop would worship the God of Wealth – businesspeople wouldn’t feel secure without offering daily incense.
This “feng shui treasure land” of Jinsha Pool could attract shrewd Hong Kong merchants’ attention, and later, Hong Kong buyers seeking good fortune would come to purchase the houses. It didn’t matter who bought the houses – Qihang Real Estate would profit either way.
Ying Jinchuan couldn’t help glancing at Xia Xiaolan.
Such sophisticated strategies seemed impossible for a 20-year-old girl to devise.
But this land deal had indeed been Xia Xiaolan’s operation from start to finish.
Perhaps this was why Old Tang had insisted he come to Shenzhen to work for Xia Xiaolan.
After this interjection, Ying Jinchuan fell silent again.
Xia Xiaolan, encouraged by the validation, brightened considerably: “Mr. Ying also thinks we can get a 10 million loan? That’s exactly what I was thinking!”
As a company boss, Xia Xiaolan showed great respect by still calling him “Mr. Ying.” Ying Jinchuan kept his eyes lowered – with such a humble and talent-seeking boss, regardless of age or gender, it would be hard not to make money!
Liu Yong listened in a daze.
Could it be done this way?
“Real estate speculators make more money than honest businesspeople, doubling their money in one go – what other business can make money like that?”
Back in the day, Liu Yong had been quite the risk-taker, even daring to get involved in smuggling – how could anyone say he lacked courage? But he only knew about illegal businesses making money, never imagining there could be legal ways to make such quick profits!
Xia Xiaolan smiled:
“Of course real estate speculation is profitable, but there are many restrictions. I could make a huge profit by selling the land immediately, but that would disappoint Uncle Tang, and I couldn’t do that.”
Why be foolish and make it a one-time deal?
Qihang got the land because of Tang Hongen’s trust.
This trust had taken Xia Xiaolan two full years to build – she wasn’t stupid enough to destroy it with a quick profit.
Seeing her uncle’s lingering regret, Xia Xiaolan sighed: “I’ve assigned Ge Jian to handle the garbage clearing. I need to return to Beijing this afternoon. Once we’ve driven up the Jinsha Pool land value, I’ll come back on the weekend to handle the remaining matters. As for the loan, I’ll trouble Mr. Ying with that!”