usenovelonline Chapter 610 - 218 Doing the Most Romantic Thing With You
Chapter 610 - 218 Doing the Most Romantic Thing With You
When the two college freshmen saw Li Yuan promptly sign the contract, call the bank, and complete the transfer, they were utterly stunned. Hearing about something and witnessing it firsthand are two completely different experiences. The former is just a story you hear, while the latter is a personal experience you can brag about.
When Wang Jun saw Li Yuan sign the contract without hesitation, a huge weight was quietly lifted from his heart. For the ten storefronts Li Yuan had chosen, he had spent the better part of a month communicating with various property owners, talking himself hoarse.
"Director Li, just like last time, the property deeds for these shops should be available within a week or so. From this moment on, these ten shops belong to you."
Li Yuan nodded with a smile. Investing in bubble tea shops was also an investment in the commercial properties themselves, which held significant potential for appreciation.
After all, investing in real estate in major cities like Beijing, Modu, and Shen City was as surefire as investing in stocks like Bicrown Di, Apple, Maotai, and Tengxun. There was absolutely no risk involved; one merely had to wait for prices to rise.
This was a trend that any Reincarnator knew well, and it was a very easy way to make money.
In fact, he could have implemented a leveraged asset strategy and secured a substantial loan from a bank. Given Datang Technology Company’s current credentials, it wouldn’t have been impossible, but he simply didn’t want to.
The procedures for a bank loan were complex, requiring asset verification and more. Previously, as an eighteen-year-old out-of-town college student, getting a loan of tens of millions would not have been easy. Now, however, with Zhihu being such a red-hot internet product, the major banks would likely be more than happy to give him a loan.
"Alright, please handle this as soon as you can," Li Yuan said, then suddenly remembered his thoughts from the previous night about getting a new place.
The two units in Jinxiu Villas, the one in Emerald Mansion, and the one in Jiangnan Garden—these four fully furnished apartments, while all between 150 to 165 square meters, couldn’t be considered true luxury homes.
Since his rebirth, Li Yuan had earned nearly 80 million yuan in total from lottery winnings, stock market gains, manuscript royalties, and copyright licensing income.
After subtracting the 12 million spent on seven properties, the 10 million to start his company (including the down payment on the office building), the 4 million for cars, the 20 million invested in the Bicrown Di stock market, and the 10 million he had just spent, he still had over 20 million in cash in his bank account.
Aside from the few million that might be needed for renovating the bubble tea shops and product R&D, the rest of this money had no immediate use. And if he ever did face a cash flow problem, he could always sell his Bicrown Di shares, which were now worth over a hundred million.
As Li Yuan did the math, his eyes lit up. It’s no problem at all to call myself a bona fide hundred-millionaire, he thought.
Heh, an 18-year-old hundred-millionaire who started from scratch. I guess that counts as a small accomplishment, right?
In this era, there were plenty of rich people, but young wealthy individuals were a rarity. A young, handsome, and talented hundred-millionaire like him could be counted on one hand in all of Huaxia.
Moreover, his holdings were mostly prime assets like real estate. If he invested all his current cash into property, it wouldn’t even take ten years for him to become a billionaire with a net worth of at least 1 billion.
Li Yuan thought for a moment and asked, "Manager Wang, does your company have any good listings for large flats or duplex apartments?"
Wang Jun was still secretly rejoicing over closing the deal when Li Yuan’s new request jolted him. He was stunned. Is another massive deal simply falling into my lap? This young heir of unfathomable wealth wants to buy yet another house?
Wang Jun’s gaze drifted to Zhong Tingyue, who sat beside Li Yuan holding his hand. Only a stunningly beautiful young woman like her is fit to be Mr. Li’s girlfriend, he thought with a pang of envy.
"Director Li, our company has a wide range of properties, not just limited to Modu but all across the Yangtze River Delta region. What are your requirements for the house?"
Li Yuan smiled and stated his criteria.
"The location must be in the Modu urban area, preferably close to Daxia University. It needs to be over 300 square meters. It can be a large flat, a duplex, or even a villa..."
Listening to Li Yuan’s requirements, not only was Wang Jun stunned, but Zhong Tingyue, Ding Shanshan, and Xu Tingrou were also secretly astonished. They were all aware that the average price of real estate in Modu was over 8,000 yuan per square meter. In the urban center, depending on the specific location, the price could be much higher, potentially reaching over ten thousand, or even twenty to thirty thousand.
"Director Li, our company certainly has properties that fit that description, but it might take a few days to contact the owners. Once everything is arranged, I can pay you a personal visit and take you to see them. How does that sound?"
"That’s fine," Li Yuan agreed, though he felt a tinge of disappointment. He had hoped to see some available properties today.
However, buying a house was a minor issue for now. He planned to wait until "Honor of Kings" launched next year to start making large-scale investments in real estate. Once he had ample cash flow, he could do many things.
For now, funds were still a bit tight. He didn’t dare venture rashly into industries like food delivery, online shopping, and ride-hailing, even though they were guaranteed to be future hits. These sectors burned through money at an incredible rate. Without tens of billions in capital to burn, it would be impossible to win against the established giants.
Besides, Li Yuan was very self-aware. In both of his lives combined, he was just an ordinary person with average emotional intelligence. In his previous life, he was a complete novice in the business world, and in this life, he was only just beginning to navigate it. He had yet to face any real setbacks or competition.