After making a wish, financial freedom

Chapter 592: Entering commercial real estate in two places
Cui Yiyuan finally got off the parachute project, and then saw the 20 billion won living expenses transferred to her by Li Zhuo on her mobile phone.

She ran over very happily and said to Li Zhuo:
"Why are you giving me so much money? It's too much. I feel like I'm already richer than most idols. It's been seven years since I debuted, and I haven't earned 20 billion yet."

Because the market in South Korea's entertainment industry is small, many artists don't make much even if they work hard.

The blackpink girl group can be said to be the most popular. Someone has calculated that the most profitable member of the group, Kim Ji Soo, has only earned about 2000 million U.S. dollars so far. Others like Jin Ji Ni, Lisa are estimated to be around 1500 million U.S. dollars, and Rose is estimated to be around 1000 U.S. dollars. About ten thousand US dollars.

The price of the villa that Li Zhuo bought for Cui Yiyuan was 1 million yuan, plus the three luxury cars he bought for her, plus the 1500 million yuan he gave twice, it was not much worse than Kim Ji Soo. The other three members must have It can't be compared.

Li Zhuo smiled and said:

"Aren't we worried that you would be reluctant to spend money when traveling, so I transferred it to you? There will be no problem in going to Tahiti in the future."

Li Zhuo was sitting on a massage chair. Cui Yiyuan squeezed next to him and lay down, hugging him and smiling:
"Hehe, I can't bear to give it up. At most, I'm not stingy with myself, but I shouldn't be lavish, because I have experienced how difficult it is to make money, and I also know that it is not easy for you to make money. Just pursue a decent standard of living. You can't. Spending money carelessly.”

Li Zhuo nodded and said:
"My original intention is also to let you not wrong yourself. It's good if you think so."

Cui Yiyuan smiled and said:
"I was on the parachute just now and I saw you were talking on the phone. Is there something wrong?"

Li Zhuo replied:

"Yes, I want to buy a winery. I just called a friend to ask for his opinion and had a chat. Now I have given up the idea of ​​buying it for the time being."

"Well, red wine wineries are controlled by Westerners, so the price must be very expensive. It's right not to buy it." Cui Yiyuan said.

"The main reason is that there are pitfalls, and it can easily turn into a bottomless pit," Li Zhuo said with a smile. "I figured it out. I plan to buy some commercial real estate first, including some in Korea. When you give me a child, maybe he will be alone in the future." You can live quite well by relying on real estate.”

Many rich people first buy commercial real estate, make enough money, and then buy ranches and wineries. Li Zhuo feels that he can learn from them.

Cui Yiyuan was also very happy after hearing this. She said:
"Well, that's great. I know that many celebrities in our country will buy houses when they get rich. Generally speaking, they will buy residential commercial properties, but the richer celebrities will buy some commercial real estate. I I remember that Rain and his wife recently spent more than 900 billion won to buy a Gangnam Building, making a lot of money from the rent alone every year."

Li Zhuo nodded and said:
"It shows that everyone thinks the return rate of the store is not bad, and it is even possible that the longer it is held, the higher the house price will be."

Li Zhuo's plan is to buy such commercial real estate abroad and try to make more money from abroad. He can try places like South Korea, Japan, Singapore, and Thailand.

Maybe you need to set up a company first to make it easier to buy.

After thinking it through initially, he no longer struggled.

Cui Yiyuan proposed that she wanted to play at the beach, and Li Zhuo had the same idea.

They asked the staff for a glass bottle for drinks and then walked to the white sand beach.

They walked in the shallow water, looking for all kinds of interesting shells and beautiful stones on the beach, and put them in glass bottles.

There are many shells here, in various shapes, and they are all very beautiful. After putting them into the glass bottles, Cui Yiyuan filled them with clear sea water.

There are short aquatic plants growing in the shallow water area, and there are many small animals among the aquatic plants.

"Look, husband, there is a transparent shrimp here, hehe, I caught it." Cui Yiyuan caught a shrimp in the water plants, excitedly showed it to Li Zhuo, and then put it in a bottle middle.

"Here, husband, I don't dare to catch this, it's a crab." Cui Yiyuan called him again.

Li Zhuo went over and saw that it was a sand crab. It was small and had no offensive power.

He caught it and put it in a bottle.

They caught octopus, live shellfish, and even found a small striped tropical fish, but unfortunately it ran too fast and escaped.

When they left with satisfaction, Cui Yiyuan said:
"Husband, look, I've packed the entire Maldives ocean into it. Isn't it beautiful?"

It is indeed beautiful, a world of pure and clear water in the glass bottle.

Li Zhuo praised her twice.

They spent two days on the island of Cheval Blanc and had a lot of fun playing in the sea.

On Sunday, they took off again and returned to South Korea.

After Cui Yiyuan went to work the next day, Li Zhuo flew to Singapore.Here, he registered a commercial real estate management company called Ocean Land Co., Ltd.

They quickly recruited experienced local Chinese to join the company, with Li Zhuo serving as general manager.

After Sino-Ocean Land was established, its first move was to acquire a six-storey shophouse in Singapore Boat Quay. It covers an area of ​​120 square meters and has a construction area of ​​700 square meters. The quoted price was S$3700 million. After negotiations, it was finally settled with I won it at a price of 3500 million Singapore dollars, which is equivalent to buying it for 1.75 million yuan.

After buying this six-story shop, it will continue to be leased to the original restaurants, beauty salons, etc., with a monthly rent of SGD 8.5, equivalent to an annual rent of NT$510 million.

This is a small test.

After winning the store, the follow-up operations are simple and clear, and the follow-up investment is very small. The money will come back much faster than buying a winery.

After getting it done this time, Li Zhuo immediately took over a coffee shop located in Block 21, Tampines Street 201, Singapore.

It is said to be a coffee shop, but it actually covers an area of ​​604 square meters, with a total of 18 stalls. The price is 4100 million Singapore dollars, equivalent to 2.05 million yuan.

The monthly rent for each of these 18 stalls is SGD 6000, which equals an annual rent of SGD 130 million, or 650 million yuan.

This kind of store acquisition is a one-time deal for Li Zhuo, and the subsequent money back is what he values.

A total of 3.8 million yuan was spent on the two shops, and he still had 9.1 million yuan left in his bank card.

They can bring him 1160 million yuan in rental income every year, which is pretty good.

The employees of the company all suggested that the rent of this coffee shop should be increased. The reason is that although this coffee shop in Tampines is not a luxury area, it is surrounded by large HDB areas and there are many people living here. People are used to spending money here, and it is a typical gathering place for residents.

Moreover, since 1999, Singapore has basically stopped granting similar coffee shop licenses, making it unique in the surrounding area and there are no physical FMCG stores that can compete with it.

After thinking about it, Li Zhuo said:

"I won't raise the rent because I am eager to recoup my investment, but if Singapore's consumption level is rising, then we will also rise with it, that's it."

After settling this matter, he flew to South Korea on a business trip with several company employees.

After inspecting a large number of shops in Seoul, Sino-Ocean Land acquired a commercial building with 3 floors underground and 6 floors above ground in Cheongdam-dong from Rain. Its area is about 1200 square meters.

It has a good geographical location and is a developed business district.

The key is that after Rain bought it, he expanded and renovated it, so the building is now in very good condition, which is why Li Zhuo is willing to take over.

The price to buy it was 490 billion won, equivalent to 2.45 million yuan.

There are many tenants in this building, and the monthly rent is 1.16 million won, equivalent to 58 yuan.

In other words, it can contribute 696 million yuan in rent per year.

feel good.

A few days later, Sino-Ocean Land made another move and acquired a commercial building in Deungchon-dong, Gangseo District, Seoul from a bank.

This commercial building only has three floors, but the area is not small, with a total of 1542 square meters. It can be used to open a large community supermarket.

Its selling price is 505 billion won, equivalent to 2.525 million yuan.

Thanks to its generous house type and dense surrounding residents, its rental return rate is higher, 1.6 million won per month, and the total annual rent is 19.2 billion won, equivalent to an annual rent of 960 million yuan.

In Seoul, Li Zhuo spent a total of nearly 5 million yuan to acquire two sets of shops, which can bring Li Zhuo more than 1600 million yuan in rental income every year.

He still has 4.1 million yuan left on his bank card, which feels like it has dropped to a relatively low level.

However, he has acquired 4 shops in Singapore and South Korea, which can bring him 2800 million yuan in rental income every year.

It feels good and has a sense of accomplishment. Maybe if he purchases a few more properties in the future, his rental income will be able to cover his annual expenses.

……

(End of this chapter)