Rebirth 79: I opened a bank in the United States

Chapter 229 Market Potential

Thanks to the bonus of bulk purchases, Carter found that it seemed that simply registering a construction company was not enough.
If a set of real estate with a market price of 3.2 US dollars can reduce the total cost to [-] US dollars, it is somewhat worthless to earn such a little hard money.

But if you are running a real estate company yourself, then join hands with construction workers to do community development in batches.How many households build a district, get some supporting green plants, beautify, and make small roads.
In such a community with a beautiful environment, a house can cost you 4, isn't it too much?
What?Not enough money?It's easy to say, take a loan!
Except for Atlanta, the first-tier city in Georgia, housing prices in other places are generally not high.For a house of about four to fifty thousand dollars, Carter calculates that mortgaged into their banks in various places, they can probably get a mortgage of about 3 to 4000 dollars.After deducting the cheaper land purchase expenses, it is conservatively estimated that the money used by these people to buy a house will not be less than 4 US dollars.

If you sell it at a price of 4, then the most loan demand is only 5
It sounds like a lot. After all, a loan of 7000 U.S. dollars for one family, and a huge amount of [-] million for [-] families.But think about the profit, if you spend some money on supporting facilities, you can earn at least [-] US dollars more for a house, plus the original profit of [-] to [-] US dollars.

The net income is exactly about 3000 million. Moreover, there is not enough funds, and the deposit rate can be raised to attract depositors. Recently, Douglas should have some money in their hands.
Just labor costs.
2500 people have to support their families and repay loans. In addition, construction work is manual work, so the basic salary cannot be low.At least five hundred dollars per person, in this case, just in terms of construction.The monthly salary expenditure will be 125 million US dollars as a base.
As for this project, the completion of 750 houses is estimated to take half a year at the slowest.In the past six months, the salary expenditure is 3000 million, and the income is 2000 million. After deducting some equipment expenses such as excavators, the profit is expected to be about 1000 million.Then, if lending, there will be a funding gap of [-] million.

Can the 1000 million be properly resolved?
"Carter! Carter! Someone is looking for you, what are you thinking?!"

Just as Carter was looking at the settlement in front of him and lost in thought, his arm was suddenly patted by Benjamin beside him.Carter, who suddenly woke up, turned around and suddenly saw two unexpected people.
"Uncle Duke? Kazim, what are you doing here?"

"There is something wrong with that, we want a loan!"

"Loan? Just go to the bank for a loan. Has something happened at home? How much does it cost?"

Carter was taken aback.The business question is on the one hand, and on the other hand, what about the requirements?

Did the Dukes also recently
"No, no, no! Yes. It's like this. It's a bit embarrassing to say that our home mortgage can only be loaned up to [-] yuan, but I want to borrow [-] yuan, and I plan to pay back your lawyer's fees this year. I I also want to open a furniture factory."

Duke's black face was a little embarrassed, but when he thought of his goal, his heart suddenly became hot again.Walking closer in two steps, Duke pointed to the residential area under the hillside:

"So many people come in, I think the furniture will definitely sell well. So, I want to take a chance, set up a furniture factory, make furniture and sell it to them. We blacks used to make furniture by ourselves, because at that time, when we bought furniture, we would It is at least [-]% more expensive than white people, and I have learned the craft of making furniture from my father since I was a child, and I think I can do this business!"

Furniture furniture is right!furniture!
"Did you make the furniture in your house yourself?"

Before making a decision, Carter asked first.Carter has seen the dining table and coffee table in Kazim's house before. The quality is indeed good, and the appearance is not ugly.If Duke is willing to do the furniture business, it can help him share a lot of pressure.

"That's right! I took the saw, got the wood, and made it myself. It's just that I don't have enough tools, and I don't have enough people, so I want to borrow more money to make it bigger. I don't know about this. "

As the saying goes, a penny stumps a hero.Duke asked himself about craftsmanship, he was not lacking, but the funds
How huge is the furniture demand for [-] households? !Just the bed alone needs at least [-] pieces, the coffee table, the dining table [-] pieces each, and the stools, let alone tens of thousands.
"No problem, if you want to do it, just make it bigger. I will lend you 100 million, but I have a request. You can hire me at least 100 workers and purchase some more efficient equipment. After all, the construction speed on my side is very fast." Fast!"

Duke's words seemed to open the door to a new world for Carter.

Perhaps it was because he was used to solving problems by himself before, and Carter almost ignored the initiative of other people.Just like Duke saw the furniture market at the moment, he ran over to ask for a loan.

Carter believes that he must not be the only one eyeing this business.At that time, these furniture factories will have other possible supporting market needs, and I don't need to solve the problem of [-] people alone.

But I can earn three thousand people's money! !

"A loan of one million. Don't mortgage it. Your house is not worth the money. Correspondingly, I can't give you the money directly. The money will be placed in the bank. What equipment do you need to buy? , Rent a venue, take the contract and go to the bank to find Goodman, and then we will directly transfer money to the other party's account for you."

"Don't worry, we will not interfere with your business. As long as it is a reasonable demand for money, I assure you that there will be no delay!"

"Okay, okay! I believe, I believe, but I'm a little worried, one hundred people, will it be too much? The monthly salary is [-] US dollars, I..."

"Hahaha, don't worry. Don't you see this demand? Are you afraid that you won't be able to make this money? As for the money after this wave of money, you can think about the next thing?"

Earn the money in front of you first and then think about the future!
Carter said this to Duke, and he also said it to himself!

On the second day, when the registration application of DOG Real Estate Company was submitted to the corresponding state business registration department, the auditor looked at the familiar name and the funny dog ​​head logo and wondered how this small place suddenly There are two consecutive companies registered at the same time.

In Douglas, a feast of grabbing people also kicked off!
That's right, stealing people!
The addition of more than [-] people will have a greater impact on the market than Carter, a half-baked man, expected.Not only his own construction company and real estate company need to recruit people, but also newly established furniture companies like Duke need to recruit people. Various supermarkets, convenience stores, restaurants, vegetable logistics, etc., are almost related to people's livelihood, and Industries related to daily necessities have begun to expand enrollment.

Carter was a little surprised at first, but after thinking about it, it seemed normal.
After all, various industries that originally could only supply about [-] people demanded, and now more than [-] people have been added suddenly on the demand side, so does the supply side also need to increase?

Back and forth, until June [-]th, Carter suddenly discovered that the potential of the market was far greater than he had imagined.
(End of this chapter)