Reborn with Consumption System-Chapter 505 - 233 Everything of Dad is Yours_3
"Gu Yong is in urgent need of money right now, and we’re the fastest, cheapest option, so the deadline is not an issue.
"Liu Minghao told me Gu Yong could start presales as early as March 2015, but it’s more likely that he will launch during the Labor Day holiday period in May 2015.
"And we can be sure right now that a lot of new properties will go on sale at the same time.
"At that time, the inertia of policies will still be in place, and the real estate market will most likely still be in a period of horizontal consolidation.
"This "Magic Capital Real Estate Inventory Analysis and Outlook" report from CITIC Research Institute mentions that, within the next two to three years, the period of greatest pressure to reduce inventory will be between December 2014 and August 2015.
"I think this report is a bit too optimistic.
"This "2013 World Gold Chaos" report provides another way of validation—
"The fact that Huaxia’s "aunties" are hoarding Gold worldwide is precisely because they have very little confidence in the real estate market. With the gradual recovery of Gold prices, global market demand for Gold investment will remain strong throughout 2014.
"In other words, the actual progress of inventory reduction in the domestic property market this year is far below expectations. The ’aunties’ have turned to buying Gold instead, and it’s highly probable that next year will continue to fall short of expectations.
"Based on the inventory consumption rate for this entire year, Magic Capital, under the purchase restriction policy, would need eleven years to clear all inventory.
"But the digestion next year will still be extremely difficult, and the year after next is the peak time for new property launches...
"Will it be difficult to sell houses?
"I think it will be very difficult.
"Magic Capital is a city with purchase restrictions, and not many people have the qualifications and ability to buy houses. If any new property becomes unpopular before Ming Capital launches, then Ming Capital will be affected as well.
"If the market is already bad at that time, do you have the ability to make a nearby new property even colder?
"I think you can do it.
"Now, the first problem is solved—Gu Yong won’t be able to sell many houses, and he definitely won’t cover the principal and interest.
"The second problem is—can we sell after holding back sales for a year?
"Clearly, we can.
"Just hold out until the second half of 2016, and our houses will become scarce commodities. No matter what the real estate market is like at the time, I will raise the prices for sale."
Han Lie said a lot, but his demeanor was always unhurried, calm, and gentle.
Pan Shengwu listened very carefully, occasionally flipping through various reports, frowning in contemplation.
Not until Han Lie finished speaking did Old Pan slowly begin to speak.
"What are your thoughts on risk?"
Han Lie then pulled out another new document, with "Risk Assessment Report" written at the top of the A4-sized paper.
"The biggest risk lies in whether Gu Yong can complete the building with quality and quantity guaranteed.
"As long as he finishes the project, it’s impossible for us to lose.
"If he gathers enough money, we collect interest.
"If he can’t gather enough, we take over the property, even if it’s just an uncompleted project.
"We just need to work on the landscaping and slowly fit out the properties with fine decoration. It’s merely a question of earning more or less.
"So we should proactively control the risk—
"First, find reliable people to supervise and ensure the project is completed on time and with quality.
"Second, add completion guarantee clauses to the contract to specify the responsibilities of Party A.
"Third, prepare development funds and administrative approvals in advance to ensure we can handle the worst scenario."
"Good."
Pan Shengwu nodded slowly, quite forcefully.
"Very good!"
His face did not show any particular emotion, but his eyes were extremely bright, as if ablaze with flames.
This intense gaze was fixed on Han Lie’s face, filled with disbelief and an extreme sense of surprise.
"Kid, how do you want me to proceed?"
This was the final test.
Pan Shengwu thought to himself: As long as you can pass, even if you and my daughter don’t make it to the end, it’s no big deal for your fifth uncle to become sworn brothers with you! 𝒻𝘳𝘦𝘦𝘸ℯ𝒷𝘯𝘰𝑣ℯ𝑙.𝘤𝑜𝘮
Han Lie was unaware of Old Pan’s "wolfish ambition" and casually laid out the most critical plan.
"You’ll set up a company to act as the intermediary guarantee layer to underwrite for SAIC.
"Until August 2015, you won’t actually need to put out any real money.
"5% of the 18% cost will be your initial profit.
"If Gu Yong ultimately can’t come up with the money and can only hand over the project, then at that time, we’ll each take half, and take over the whole Ming Capital development.
"After liquidating the project, we split the net profit after deducting costs.
"Overall, you could say I contribute the "Intelligence," you bring the connections, and together we’ll make a big move.
"If by that time I can’t come up with so much money, then we’ll allocate the profits in proportion to the largest amount I can pay.
"But you have to guarantee my minimum profit—let’s say 10%.
"Meaning, even if I don’t put in a penny, you still have to give me 10% of the net income, considering my long and dedicated consultancy work.
"What do you say?
"Are you willing to take a gamble with me?"
Han Lie gave up the suggestion of "borrowing money" and abandoned the safe initial profit, maximally protecting Pan Shengwu’s interests.
In this way, if Gu Yong successfully repaid the principal and interest, Han Lie would have worked hard for a mere 1% commission.
25 million.
It sounds like a lot, but it’s actually less than his stock trading earnings for a week.
In the eyes of someone with a conservative personality, this is too much of a gamble.
But for Pan Shengwu, it’s about boldness, firm confidence, being honorable, and not deceiving.
Old Pan slapped the desk with a BANG, finally showing his due excitement. "Done!"
At this moment, Pan Shengwu couldn’t imagine the immense profits that were involved.
He just felt that the operation proposed by Han Lie suited his taste perfectly: daring the unimaginable, seizing what others dare not take, thorough and steady, with far-reaching schemes.
Why not join such a young man in a wild venture? Whether or not they make money is secondary, but the son-in-law of the Pan Family cannot just slip away! Lie, don’t rush! All of Dad’s assets are yours for the future!
I’m screwed. The city is locked down, and I’ve run out of the Musk and Bone-Strengthening Plaster I use for my fingers.
Without it, I can’t endure typing 4,000 words; it hurts too much. How on earth are the hands of an eagle formed?
