Started from Hong Kong Island

Chapter 78 [What good news]

Zhang Wentao was worthy of being Li Wendi's general. It took him only three days to acquire the property of the haunted store at 4% of the market price, and a floor of the office building that was on fire at 6% of the market price.

Li Wendi made a rough calculation and found that he could earn more than 50 yuan from the office building and 20 yuan from the store. In this way, this project could earn more than 70 yuan, with a profit margin of about 46%, which is a high-profit project.

However, the funds for this project almost took up 75% of the company's total cash, so the next project needed to be financed by loans. Although real estate developers all relied on loans for development, Li Wendi was very concerned about his cash flow and insisted on the principle of not taking out loans if possible.

It is true that he is a time traveler, but who can guarantee that history will not deviate? If there is a mistake, all previous efforts will probably be in vain.

The company still has about 60 yuan in cash. Li Wendi believes that it is still possible to proceed with the next project. After all, leaving so much cash in the account will also affect the company's development and growth.

Do not forget development while maintaining stability, and do not forget stability while developing!
Although Li Wendi doesn't like the person who said this, he has to admit that this sentence makes a lot of sense and is a rule that needs to be adhered to in doing business.

So, Li Wendi started looking for a suitable project again.

Naturally, the warehouse renovation business in Sham Shui Po could no longer be done because of Li Wendi's success, which led a group of small real estate developers to enter this industry. At this time, the warehouse renovation in Sham Shui Po had become very competitive, and buyers had many choices, which would not give real estate developers too many opportunities to make profits.

Therefore, this business had to be abandoned, at least it was not suitable for the Sham Shui Po area. However, Yan Cong of the Yisheng Society was as smart as his name suggested. He specialized in the warehouse resale business and made a lot of money. At the same time, he also helped real estate developers to 'buy warehouse properties and charge some handling fees' (to intimidate the owners).

In fact, there are many densely populated areas in Hong Kong. As long as we find suitable areas to transform them into markets, Sham Shui Po is another typical example.

Some businesses can make money by copying other people's ideas, but most businesses cannot make money and may even lose part of their capital.

Thursday, May 4

Li Wendi was working in the office of Starlight Real Estate Company. Actually, there was not much that needed his attention, but he still needed to stay in the office. He was reading the day's newspaper.

Some memories of the previous life are very vague. The news in the newspapers can arouse those memories and at the same time assist Li Wendi in making some slight adjustments to the business, otherwise the advantages of the time traveler will be greatly reduced.

Since the new Governor Murray MacLehose took office last year, the security environment in Hong Kong has improved somewhat. At the same time, policies have become more friendly to the Chinese and are not completely biased towards the British. This has allowed some Chinese businessmen to smell an opportunity to rise, and some even believe that they can grab some shares of the upper class from the British.

Li Wendi knew that new changes were brewing. An organization that would improve Hong Kong's political environment was being quietly established. The authority of this organization would gradually expand and would eventually affect the entire superstructure of Hong Kong.

Li Wendi is a small figure and certainly won't benefit from such a change, but considering his identity as a Young and Dangerous man, he may be affected.

Soon he shook his head again, he was thinking too much, his industry was expanding madly, his strength was increasing, when this organization became public, he would have more initiative, thinking too much now would be futile.

"Wendy, I have good news." A familiar voice came into my ears, "Do you want to know?"

Li Wendi curled her lips and said disdainfully, "What good news can you have? Could it be that some charming lady came to the nightclub?"

Zhang Yan has been frequenting nightclubs recently. Although he goes there at night and does not interfere with his work during the day, Li Wendi feels that something will happen to this guy sooner or later. He will either get sick or get cheated out of money.

As for feelings, there is no feelings in the nightclub. Zhang Yan is not handsome and his speech is not nice. No girl would be willing to fall in love with Zhang Yan.

Zhang Yan was a little embarrassed and laughed, "How could that be!? I'm serious. Your relatives, the Bao family, are planning to buy two warehouses in North Point and transform them into a vegetable market. Here's your chance for revenge."

Li Wendi was slightly stunned. North Point is also a densely populated area. Although it is not as dense as Sham Shui Po, the vegetable market business is still profitable. I didn't expect the Bao family to set their sights on this good place. They have good vision. However, Li Wendi's funds are not enough for this project, and he doesn't think much of the profits brought by the North Point vegetable market. After all, there are many industrial buildings in North Point. Unlike Sham Shui Po, the industrial area and residential area are separated. The permanent population is much different, and the property price is more expensive than that of Sham Shui Po, so it can't make that much money.

"Do you want to intercept them?" Li Wendi said jokingly.

This information was very useful, and there were many ways and candidates to deal with the Bao family, so Li Wendi felt relieved.

Zhang Yan hesitated for a moment and said in a dilemma, "How can I afford such a big project?"

"The investment must be at least 60 yuan (for a warehouse), and the rate of return should be only around 30%, so even if it's just a few hundred thousand yuan, it's not bad." Li Wendi thought seriously and asked, "How much money can you put up?"

Zhang Yan smiled knowingly, "10 is still available."

"Okay, then let's grab a warehouse, you pay 10 and get 20% of the share." Li Wendi obviously gave Zhang Yan some more benefits.

Zhang Yan knew that 60 was an understatement. The cost of competing with the Bao family might be as high as 70, so he shook his head and said, "10% is fine. You don't have to take care of me. Brothers are brothers, business is business, and the accounts must be kept clear."

"Haha!! You're overthinking it, Ayan! You'll have to supervise the project in person in the later stages. The decoration company has already given me a lot of discounts for my personal project, so I'll give you some compensation on this." Li Wendi saw Zhang Yan hesitated and continued to persuade him, "If you don't want to, then I won't participate in this project. Anyway, I can find someone to compete with the Bao family."

"Okay, 20% is 20%." Zhang Yan realized that the topic was getting heavy, so he changed the subject and asked, "Who are you going to ask to take over the other warehouse?"

"What do you think of Yan Cong from Yisheng Society?" Li Wendi said with a smirk.

It would be more fun to find a gang to join and make the Bao family wary of him.

Moreover, Yan Cong is a big man with some intelligence. If he does a favor for him casually, he may have to trouble this person in charge of Sham Shui Po in the future.

"Haha!! Do the Bao family dare to make any move?" Zhang Yan laughed.

For the Bao family, there is a difference between Li Wendi, a gangster, and Yan Cong, because Li Wendi is their relative and it is unlikely that he would do anything to the extreme, so they have to show some mercy. However, Yan Cong is a complete stranger and according to convention, it is common for him to harass the women in the family.

No harm to the family?
The Bao family doesn't seem to be gangsters, so this is ineffective for them.

"Then they can only wish for the best." Li Wendi smiled faintly.

The Bao family father and son did not take their relatives' feelings into consideration when they were causing trouble, so Li Wendi will not care about these things now. However, he does not want to do it himself, so it seems to be a smart approach to use Yan Cong to cause trouble.

As for robbing the warehouse, it was purely a business act, and even Guo Cuiting would not blame Li Wendi.

Thinking about the ugly faces of the Bao family father and son, Li Wendi couldn't help but feel happy. Evil people must be punished with evil methods.

This is the idiom passed down by Confucius's family: "Treat others as they have been treated."

(End of this chapter)