Chapter 7 Fully Rented

"Good morning, Sunny Nuna!"

"What a morning! What time is it now? Also, what did you do yesterday?"

"Yesterday? I was playing games at home yesterday."

"Playing games? Are you sure you didn't go to a nightclub?"

"Uh, sure."

"I don't believe you."

Sunny was on the other side of the phone and couldn't help rolling her eyes.

Based on Park So-yeon's phone call yesterday and my understanding of him, Huang Xu definitely went to the nightclub yesterday.

Even last night, he probably didn't go home and spent the whole night hanging out with the women in the bar.

This caused some strange emotions in her heart.

After all, he went out to play with women, so why didn't he touch me the night before last?

Although he didn't move himself, it shows that he has good character.

But I am a popular female idol, how can I be worse than those girls?

However, she still controlled her emotions well and relayed to Huang Xu what Park So-yeon had said yesterday about her and Huang Xu's gratitude.

We chatted for a while longer and agreed to play games together after a few days of rest, then ended the conversation.

Sunny, who had just hung up the phone in the stairwell, was startled by Yoona behind her.

Looking at Yoona who was staring at her, she felt a little guilty.

But when he thought about what he had done, he immediately became tough.

"What are you looking at? Why are you here?"

"Unnie, something's wrong with you."

Then Yoona began to describe Sunny's abnormal reactions in the past few days.

Whether it was not coming home the night before, or a friend who owns a restaurant showing up for no reason, or even when he was in Japan, he asked his assistant to help him buy action figures.

Even now, he is hiding from several people and making phone calls, which has never happened before.

"Unnie, are you in love?"

Sunny looked at Lin Yuna who was very interested and wanted to explore further, and couldn't help but slapped her forehead and sighed.

"It's troublesome!"

After hanging up the phone, Huang Xu simply had his breakfast.

I took out my computer and started looking up information about second-hand houses in residential areas in Seoul.

Although he is now in Seoul, he already has three houses.

But he was not satisfied, because there is a way to rent a whole house in Seoul.

Theoretically, as long as time is well controlled and procedures are completed quickly, the value of the real estate in your hands can increase exponentially.

The specific gameplay is that when a landlord purchases a property, the down payment is the same as in China, basically around 30%.

But as long as you rent it out, you can get 50% to 80% of the house's value.

The landlord then uses the full rental deposit to purchase a property again, and the cycle continues.

As long as you play well, the properties under your name will grow almost exponentially.

He was into all the rental stuff because in his previous life he saw a landlord acquire thousands of properties within ten years.

And the number of people in this group is not small.

As for how he knew this, it’s a long story. Originally, this kind of gameplay should not be exposed to the public.

After all, few people will directly expose the real ways to make money, and most people make their fortunes quietly.

It will only become known to the public if it stops making money or goes bankrupt.

It is because these people failed and ran away due to broken capital chains that this way of playing became known to the public.

As for why the all-rental-house strategy collapsed, we have to mention that the most important foundation of the all-rental-house strategy is that housing prices need to grow rapidly.

At least it should be enough to cover the interest on the housing loan.

In recent years, housing prices in Seoul have been in a state of rapid growth, and in some years, housing prices have nearly doubled in a year.

However, the market trend only lasted for a few years. Around 19, as the economy turned down, the growth of housing prices in Seoul stagnated.

And in the following few years, housing prices not only did not increase, but also fell into a continuous decline.

As a result, some homeowners who owned many properties gradually ran away due to their broken capital chain.

Since Huang Xu was reborn, he also achieved initial financial freedom through his memory.

But this little bonus was not enough to satisfy his growing ambition.

So after finding out about the whole-house rental method from his memory, Huang Xu was tempted.

After all, for him, this way of playing has basically no risk. As long as he makes a move before the housing prices drop in 19, he will definitely make a profit.

This is also the only investment method he can think of with relatively low risk, and it is also a path that can enable him to quickly increase his wealth.

Now one of her houses has been rented out, although Tara's company has not yet signed a contract or paid the house deposit.

But this matter has been decided, so there shouldn't be any problems.

The deposit for his house may be a considerable sum of money for ordinary people, but for the company, it is just a drop in the bucket.

After all, Tara and her friends have made a lot of money for the company in the past two years.

Although girl groups in South Korea do not make as much money as boy groups, they do not include popular girl groups like Tara.

So he also planned to look at a few more houses, buy more, and speed up his progress.

You have to know that time waits for no one. If you delay a little now, your income will be several times different when you finally reap the harvest.

There is no way around it. Renting a house in full is similar to the "compound interest" model. The further you go in time, the bigger the number becomes each time.

So in the next few days, Huang Xu spent the day looking for suitable second-hand houses, preparing to buy two more.

As for why we buy second-hand houses, it is because they can be rented out again after a simple cleanup, thus starting the next cycle.

Not only does a new house require a long wait for delivery and decoration, but the surrounding supporting facilities are not very complete. It is quite difficult to rent it out quickly and at a high price.

Therefore, he only looked at second-hand houses, and they had to be in a suitable location and in a suitable residential area.

And at night, I would also go to the restaurant to help out and so on.

Their restaurant has gained some fame these days.

Although many Chinese restaurants have followed their lead and added some braised meat and other items, the customs here in Korea are rather strange, and they tend to pursue the earliest things.

According to them, it is the "original ancestor".

Therefore, those stores that imitated them not only did not affect their business, but instead seemed to be advertising for them, making their business even better.

It’s just that because business is so good now, Huang Xu will be asked to come and help during the evening rush hour.

That day, just as Huang Xu had finished looking at a house and arrived at the hotel, his uncle Huang Wenfu called him.

"Xiao Xu is here, and I just happened to want to talk to you about something."

(End of this chapter)