HomeNo Pain No GainChapter 697: The Current State of Sloth Apartments

Chapter 697: The Current State of Sloth Apartments

Seeing this message, Pei Qian felt the pressure on him suddenly increase.

He never expected the profit-sharing payment to arrive so quickly!

Pei Qian even felt it was somewhat unscientific.

Other film companies were counting the days waiting for payments to come in, but Pei Qian was the exact opposite—he desperately wished this money would arrive next cycle instead.

But there was nothing he could do. If someone sent money quickly, he could hardly send it back and ask them to resend it later.

That would be ridiculous.

Since that was the case, he needed to prioritize buying another building immediately.

Of this money, fifty million would go toward buying a building, and the remaining fifty million would be invested in games and films. That would be relatively secure.

Like most people, Pei Qian had a bit of procrastination syndrome, but when it came to spending money, his procrastination had been thoroughly cured.

Especially with large sums coming in, Pei Qian didn’t dare delay even a minute—he had to spend it quickly.

If he procrastinated, something terrible might happen, and Pei Qian didn’t dare take that risk.

If he delayed and ended up unable to spend all the money even with a last-minute rush, wouldn’t that be a disaster?

He had already decided to create a Sloth Apartments 2.0 model, so this time the building purchase would be used for a model with storage space.

Because of the system’s special calculation method, fixed assets would be converted at 10% into system funds, so buying buildings was a very stable way for Pei Qian to spend money.

Apart from some side effects, it was quite good in every way.

This cycle was only four months long, yet the initial system funds had increased by ten million. Pei Qian needed to plan, so he could use five million of that as a “fixed asset occupation quota,” which translated to being able to buy a building worth about fifty million.

With this in mind, Pei Qian decided to visit the Sloth Apartments office to understand the current state of the project and determine the building purchase plan.

Although he was no longer considering losing money on rent, he couldn’t completely let Liang Qianfan and his team have free rein.

Twenty minutes later, Pei Qian arrived at the Sloth Apartments office.

After the great success of Sloth Apartments, the core team had been supplemented and expanded, and they had also rented a dedicated office location.

The location was in a high-end office building in the CBD of Jingzhou, quite far from Tenda’s other departments.

As for why they rented this place…

It was simple, for two reasons: first, the place was expensive with high rent; second, it needed to be far away from Tenda’s other departments, especially from those departments of Tenda Life.

Pei Qian was very afraid that these departments would unexpectedly create some kind of joint promotion and stab him badly.

Although physical distance might not necessarily help—people could still communicate via chat software—it was still better than being close enough for people to casually drop by each other’s offices.

Pei Qian took the elevator to the 27th floor of the building. Seeing the layout of the Sloth Apartments office area, he nodded with a smile.

Good, very much in line with the Tenda spirit!

The vast space was extremely open, with just a few lonely desks scattered about. People were so far apart from each other that they probably needed to shout to be heard.

Judging by how spacious it was, Pei Qian did not doubt that there would be an echo if someone shouted.

Upon closer observation, there were clear differences between this place and Tenda Headquarters.

Though Tenda Headquarters was also spacious, it was still relatively conventional, with large desks equipped with dual monitors, keyboards, mice, and other equipment—just a high-end version of a typical office environment.

But this Sloth Apartments office had a strong artistic vibe.

The desks and chairs weren’t standard office furniture but were the kind found in art spaces and lounge areas, looking very artistic.

Employees weren’t working on heavy desktop computers; each had a lightweight laptop. There was even a dedicated coffee bar with staff responsible for supplying coffee and drinks to all employees.

Additionally, the company had placed some artwork around the office, giving it a very stylish atmosphere.

Seeing this per-person area that was even more exaggerated than Tenda Headquarters, Pei Qian wanted to give Liang Qianfan a thumbs up.

“Mr. Pei!”

Liang Qianfan, who had been working on a design on his computer, quickly stood up to greet him when he saw Mr. Pei arrive.

Pei Qian looked around: “Hmm, this office area is nicely arranged.”

Liang Qianfan nodded with a smile: “Of course, Mr. Pei. These are all designed according to the minimalist style, which helps improve designers’ focus and attention.”

“The ultra-minimalist style has become the signature style of our Sloth Apartments. It’s particularly suitable for architects, designers, and other creative professionals who need to concentrate and tap into their imagination and creativity. That’s why I decorated this office space this way.”

“Also, these artworks were specially purchased. Not many, but they’re just right—not overshadowing the main theme.”

“It’s a pity this place is rented. If we had our building, we could do even better.”

Pei Qian’s eyes lit up.

Build our building?

That’s a great idea!

Tenda Group building its own building for its own use would definitely not generate any profit—it seemed like a good way to spend money.

Pei Qian hadn’t really considered this before, mainly because the company’s financial conditions didn’t allow it.

But now it seemed worth considering.

However, building their headquarters would require the right timing—it couldn’t interfere with settlements, and it had to ensure that after fixed assets were converted into initial funds, there was still room for losses.

If they spent a billion building a large building, but after conversion, it became a hundred million in system funds, wouldn’t that be a disaster? There would be no way to lose money then.

Pei Qian nodded: “Yes, I was thinking the same thing. We should indeed build a Tenda Group headquarters.”

“But this can’t be rushed. We need to plan for the long term. When you’re not busy, you can start with some basic designs and cost estimates, and I’ll think about it.”

Liang Qianfan was stunned for a moment, then nodded: “Yes, Mr. Pei!”

Indeed, Mr. Pei was a man who thought big.

Other bosses might not put building a company headquarters on the agenda so quickly, since construction would put significant pressure on a company’s cash flow. Many companies had gone bankrupt from poorly planned building projects.

Many bosses made do with whatever office space they had—after all, whether the office environment was good or bad didn’t affect the boss living in a villa.

Liang Qianfan had just mentioned it casually, not expecting Mr. Pei to seriously consider it!

Mr. Pei was completely different from other bosses.

Although Mr. Pei only went to the company once or twice a week, he was always working hard to create a better office environment for employees.

Even though Tenda’s office environment already far exceeded most companies, Mr. Pei still wasn’t satisfied.

Tenda’s office conditions were even better than many companies, with dozens of times Tenda’s assets.

This employee-first spirit was truly touching!

Liang Qianfan and Pei Qian found a spot by the window to sit down. From this high floor, they had an unobstructed view of the entire CBD.

Someone brought over coffee. Pei Qian took a sip and found it good—probably the same as what they served at Slackin’ Internet Café.

“How are things with Sloth Apartments recently?” Pei Qian asked.

Liang Qianfan smiled and said, “Everything is going well, Mr. Pei.”

“After the Sloth Apartments model proved successful, many architects and designers have come to us. Of course, I’ve also actively recruited several individuals to prepare for future business expansion.”

“Currently, Sloth Apartments has three main business areas.”

“First, we handle high-end customization for customers.”

“The ultra-minimalist style has become very popular, so many customers approach us specifically requesting it. Therefore, besides offering general solutions on our website at near-cost to everyone, we also provide special customized renovations for some customers.”

“The newly recruited designers are all capable of working independently. Each is responsible for one design, and I oversee everything to ensure each design aligns with Sloth Apartments’ style.”

“This doesn’t make much money, but every little bit helps. Moreover, this customization business also helps to further expand Sloth Apartments’ reputation.”

“Second, as you mentioned before, we’ve established the ‘Sloth Apartments Partner Brand Inspection Team.'”

“For all brands that cooperate with us—including furniture, renovation, and real estate companies—we’ve arranged inspection teams to conduct regular anonymous checks, ensuring these companies don’t engage in underhanded practices that might negatively impact the Sloth Apartments brand.”

“Of course, some partner brands don’t want to accept our supervision, mostly the big brands. But we’ve stood firm, just as you said, and refused to compromise.”

“After all, with so many partner brands, if we put in the effort, we can always find brands that are both cooperative and of good quality.”

“Moreover, the inspection team can work in conjunction with our high-end customization business to ensure quality and reputation.”

“Finally, there’s Sloth Apartments’ main business—the rental business.”

“As you mentioned earlier, we’re preparing for the Sloth Apartments 2.0 model, which will maintain the minimalist style while appropriately adding some storage space to make the 2.0 model more practical for ordinary people.”

After hearing Liang Qianfan’s report, Pei Qian nodded slightly.

This matched his previous assessment of the situation.

The Sloth Apartments model had already succeeded; making it fail again was nearly impossible. He could only minimize losses.

“Here’s another fifty million to buy a new building for the Sloth Apartments 2.0 model.”

“Hmm… this time, buy a slightly more popular property. As for the specific location, you can choose yourself, but preferably somewhere with little appreciation potential.”

The previous Sloth Apartments buildings had appreciated insanely, which had terrified Pei Qian. If not for completing the special task last cycle, Pei Qian might have suffered greatly.

Pei Qian originally preferred to buy properties in remote locations with odd layouts and poor renovations—essentially picking up garbage—but he overlooked the fact that once these places became popular, they had the greatest appreciation potential!

For example, those two buildings in Binhu Community were originally plagued with water leakage and peeling walls, making their prices ridiculously low. But after Sloth Apartments renovated them, the prices immediately skyrocketed.

So this time, Pei Qian didn’t have any particularly stringent requirements; he just hoped that the purchased property would have less appreciation potential. Ideally, the property wouldn’t appreciate at all, even after Sloth Apartments renovated it—that would be perfect.

As for what kind of property had low appreciation potential…

Pei Qian couldn’t say for sure, so he could only let Liang Qianfan decide.

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