Actually I just want to act

Chapter 1188 It's not about buying and selling

"But didn't our son say that we should be cautious about lending..."

Hu Yanlan is still a little worried, "If a real estate company's debt exceeds half, it will be very dangerous."

Fang Weijun said with a wry smile: "I thought so before. But look, the real estate we developed in Jinhua has been built, and it will take several years to sell it. If we can't sell it all, our return of funds will be even slower. Why not mortgage it, ask a bank for a loan, and then use the land to build a new building.”

Hu Yanlan said: "Is this the same as what my son said, using bank money to develop my own business? But in this way, the risk of debt default is very high."

"Control the debt ceiling." Fang Weijun thought for a while and said, "We set a debt ceiling. Loans cannot exceed 30% of total assets, and bonds cannot exceed 20% of total assets. In this way, debts can be kept at 50%. %. The most important thing is that the repayment date should not be close, otherwise it will be very difficult for us to cut off the capital chain at once.”

This is actually the right path for the development of real estate enterprises.

Let's put it this way, if it is a large real estate company, its money will never be enough.Because real estate companies need to acquire land, hoard land, use money for development, pay wages to construction workers, and pay suppliers for goods... Anyway, it needs money.

Fang Weijun is also thinking about Fang Jiming, he wants to create a model of a commercial complex as soon as possible, and then use it to develop to other third-, fourth-, and fifth-tier cities.

In addition to realizing his own ideals and ambitions, Fang Weijun also wanted to build a cinema for Fang Jiminguo.

After all, a commercial complex only has a cinema.If there are more than 20 movie theaters, it is considered a theater chain.With its own theater chain, it can guarantee that its own movies will not lack the screening rate.This is actually very easy to understand. Why do Wanda’s films have such a high screening rate?Isn’t it because people have their own movie theaters all over the country? Even if it’s not your own movie theater, as long as you’re in a movie theater in Wanda Plaza, you should show some face, right?
Maybe, there are conditions such as shop rental discounts, etc., in exchange for a high film scheduling rate...

In any case, owning a commercial complex has a lot of advantages.

Jinhua does not have such a concept now, but Baobuqi will soon.After all, the concept of a commercial complex has already been developed by real estate industry peers.

Hu Yanlan thought for a while, and 50% of the debt was acceptable, and said, "Are you interested in the land that will be auctioned next month?"

Fang Weijun nodded and said, "That's right, although the location is a bit off, the city's future development direction is there. I think if it is taken down, residential and commercial complexes will be developed together, and it may become a landmark of Jinhua sexual architecture."

"Then I can only go to the bank for a loan."

Hu Yanlan is the director of accounting. She said: "Many banks approached us before and wanted to lend us a loan. I declined all of them and said that we will cooperate if there is an opportunity in the future."

"Borrowing money, it must be borrowing money from the Bank of China. Those private loans, how many moths can be counted!" Fang Weijun was still very cautious.

"But the interest rate of the private bank is much lower?" Hu Yanlan said, "If we want a loan, it's not enough for three to five billion."

"Then let's share the risk, part of the loan from the Bank of China and part of the private bank loan?" Fang Weijun suggested.

Hu Yanlan smiled: "They don't do this kind of thing, how can one buy and sell to two banks. Unless we have another real estate, otherwise, they won't agree..."

"A penny beats a hero!"

Fang Weijun said depressingly, "You've seen it right. It's an agreement. Don't treat the monthly interest rate as the annual interest rate. It will be a big loss."

"Don't worry, I will find a professional to approve the contract." Hu Yanlan also has the taste of a strong woman.I have to say that being a boss is really a training for people. Fang Weijun and Hu Yanlan have grown up through the struggle.Who would have imagined that a year ago they were newcomers to business, if Fang Jiming hadn't invited Gu Yuanyi and Cai Xinling to help them sort out their ideas, they wouldn't have known how to develop real estate.

When Fang Jiming heard that his father and mother played so well, Fang Jiming was shocked: "Do you want to develop for the number one real estate company in China?"

Hu Yanlan said angrily on the phone: "How do you talk, do your best, don't we want to build a movie theater for you!"

Fang Jiming was dumbfounded: "No, how easy it is to build a movie theater, you can just find a commercial street and do it. There is no need to develop a hypermarket of tens of thousands of square meters and a community of more than [-] acres of land?!"

"It's a matter of convenience. It takes care of you and our career." Hu Yanlan said lightly.

Fang Jiming was a little speechless: "Is it just to build a movie theater?"

"Don't even mention it, building a nine-year school and adding a commercial complex is a very good idea to sell a house." Hu Yanlan said, "The kindergarten we developed before can attract so many people to buy houses. , this time there will definitely be more people..."

Fang Jiming reminded: "The school must be handed over to the education department, and the kindergarten is under our control. You can develop the school, but you can use the land if you can. Just give the education department money to repair the school. If we use the land, we might as well build a kindergarten that we can control..."

Although the nine-year school is very good, it must be built with conditions when the land is auctioned. Who wants to spend so much land to build a school and not be able to run it by himself?Enterprises always aim to make profits, and few enterprises will take the initiative to do things that do not make money.

Fang Jiming also kindly reminded his parents: "If you want to build a school, you might as well go to Sichuan and Sichuan to build it."

Hu Yanlan thought about it for a while, and it was true, but she also had doubts: "But there is no supporting school nearby, so will anyone buy a house?"

Fang Jiming said: "A commercial complex is enough of a gimmick. Unless you can give an extra piece of land when the land is auctioned, then you can build a school. As for the cost, just spread it into the housing price." , the wool must come from the sheep.It cannot be said that I paid for the construction of a school. With such a high cost, you can go to school without paying anything, right?

In that case, who is willing to help build the school again?

Hu Yanlan thought for a while, that's what happened.

What is rushing forward is not business, so it is better to build a few more buildings.

Besides, isn't there a kindergarten?

"Then if we are willing to give us more land, will we really build a school?" Hu Yanlan asked.

Fang Jiming smiled and said, "Of course, why not do something that is a win-win situation?"

(End of this chapter)