Metropolis: Paying Off The Debt of Dad At The Start

Chapter 174

Therefore, Lin Feng is not at all afraid of the slow return of funds from the project, causing a crash. Anyway, he can see how much he earns at a glance, and there is no misjudgment. Therefore, he can absolutely ensure that each project can be the fastest Degree of withdrawal of funds.

This is an absolute advantage.

Others are still groping in the fog with the blind cat and the dead mouse. You have opened the perspective of God and went straight to the result. It is conceivable how great this advantage is.

Can’t figure it out, still can’t figure it out, how can this Haoyuan Group dare to be so brave?

Doubts turn to doubts, but they, big names in the real estate industry, have already determined the next strategic direction of the real estate industry, that is, small city projects, or projects in first- and second-tier cities.

Because the third, fourth, and fifth tier cities have gradually become saturated, they, the real estate industry bigwigs, have been in the real estate industry for decades, and they are not fools, so how can they not be able to tell.

Besides, their real estate group does not support idlers. With so much data in front of them, the people underneath must also submit analysis reports.

But even if they knew, they couldn’t compete with Haoyuan Group for projects in small cities in a short time.

Because they are not like the Haoyuan Group, they have gone bankrupt once, and now they are playing lightly. They have been operating normally, and they have been operating around the strategic focus of the third, fourth, and fifth-tier cities.

They have been acquiring land and investing in tier 3, 4, and 5 cities in order to compete with other real estate groups and seize good land. They can be said to be highly leveraged, borrowing a lot of money, and the debt ratio is 80%. Most of them are quite normal.

It can be said that they have reserved a lot of land in the third, fourth and fifth tier cities, and they have been acquiring land in the third, fourth and fifth tier cities. You have not done any of the land reserves on hand. How do you do other things? project?

Moreover, they are also constantly facing the pressure of repayment of various debts when they are due. Unlike Haoyuan Group, which can also repay in one installment, they only repay more than 300 billion in a year. More importantly, they are not in the time of repayment. It’s still early.

They have to repay the money at all times, and they also pay a lot of money. The debts borrowed are generally repaid in full with capital and interest when they are due, because their company is still in a normal state, not like Haoyuan Group is in capital. The state of insolvency, in this way, when the debt is due, you have to pay it back, even with the principal and interest, unless you go bankrupt.

This is much more pressure than Haoyuan Group.

It can be said that they are now basically filled up by third-, fourth- and fifth-tier cities, and their debt ratio has reached more than 80%, and they can’t get out of it.

Therefore, even if they know the next strategic direction, which is small cities, or first- and second-tier cities, they will not be able to get out in a short time, adjust all the strategic directions at once, and go all-out to do small city projects.

They can only slowly adjust the strategic direction of the group little by little.

As a result, they can only watch the Haoyuan Group’s wildly enclosing land in small cities, and they have to save a large amount of land in the third, fourth, and fifth-tier cities, and slowly start and finish them.

In a word, the bigger the company, the harder it is to turn around!

But there will not be much time left, and within a few months, other real estate groups will be able to spare a portion of their hands and begin to march into small city projects.

Therefore, the golden opportunity period left for Haoyuan Group is running out.

It has to be said that Haoyuan Group really made the right move for the small city project.

Judging from the 234 projects reported so far, the average rate of return is 19.1%, which is very high.

You know, a normal project with 8% and 10% yields is already considered a good project.

234 projects, the average rate of return reached 19.1%, you can imagine, what is this concept?

Absolutely big profit!

This is the golden opportunity for the real estate industry, so can Lin Feng be in no hurry?

Don’t worry about so much, don’t be so picky, recruit a lot of people on top, and finish the project.

…….

A little bit of time passed.

Two months later, Lin Feng can be said to be very busy during this period, and can only sleep for 5 hours a day.

With the drastic decline in recruitment thresholds, Haoyuan Group can be said to have recruited a large number of people during this period.

The number of employees in the headquarters of Haoyuan Group has reached more than 16,700.

Under normal circumstances, Haoyuan Group has only 10,000 employees in its headquarters.

It can be said that the edges are barely supported.

This is only the employees of the headquarters, and does not include the employees of the branches and temporary hires of various projects. If the employees of the branches and the temporary hires of various projects are counted, that would be an astronomical figure.

During this period of time, all branches of Haoyuan Group have also been established. Many former old employees stayed directly in the local area and established a branch on the spot.

At the same time, the investment department of Haoyuan Group has expanded to 43 investment vice presidents, that is, 43 investment teams.

Originally, Lin Feng thought 25 would be enough, but he later discovered that many large real estate groups have begun to march into small cities one after another. Even though the current moves are not large, the trend of large-scale entry in the future has already appeared. come out.

Under this circumstance, Lin Feng would naturally rush ahead of them to hoard the land, take all the good land, and eat it all.

Don’t care about so much, let’s talk about it until I can’t eat it. After passing this village, there will be no shop.

During this period of time, the funds of Haoyuan Group’s old projects have been withdrawn from circulation, and Haoyuan Group has already stored a large amount of funds on its books, which is enough to hoard land on a large scale.

So Lin Feng dug 53 investment vice presidents, formed 53 investment teams, and asked them to work overtime to explore new projects.

In a word, before the major real estate groups enter small cities on a large scale, they are the first to grab good sites.

Even if it pays a high interest rate, it doesn’t hesitate to do so.

Because once local real estate groups enter small cities on a large scale, land prices will naturally rise sharply, and the price of land appreciation will be much higher than the current high interest rates.

In short, if you do this, you can make a profit.

In two months, Haoyuan Group has stocked more than 1,300 small city projects in one go, and it is still stocking land continuously.

Among the old projects of Haoyuan Group, there are one under construction before the project (good Zhao), and there are only less than 67 old projects left unfinished.

This is because of the high turnover of Haoyuan Group, the funds returned from the old projects are immediately used to build new projects, stock new projects, or start old projects that have not been done yet.

Funds can be said to be non-stop turnover, not idle for a moment.

Almost two months later, it was already the ninth month when the repayment agreement was reached. Basically, the old projects of Haoyuan Group are almost completed, and it is estimated that there are more than a hundred remaining under construction. Only one tenth is still under construction, but this is nothing.

Had it not been for Lin Feng to seize new projects and large-scale funds to hoard land before major real estate groups entered small cities, the old projects would definitely be completed nine months ago, not bad.

Of course there is only one tenth left, and it is still under construction, which is nothing.

It can be regarded as 9 months to basically complete all the old projects. .