Those Years When I Was Forced to Top the Forbes List

Chapter 74 Leverage...Return to City

"Come on, take me to the construction site!"

After Yu Chunyin finished speaking, she went straight out.

He knew there was only one road at the construction site and nothing much to see, but he just wanted to talk to Chen Xuebing alone.

My nephew is just too outstanding.

Looking at the family's utterly shameless and mercenary nature, Chen Xuebing sighed inwardly. His uncle's marriage and his own marriage in his previous life were lessons learned in blood. It didn't matter how many girlfriends he dated, but when it came to marriage, he had to marry someone who was devoted to him and had a pure heart.

"Ren Ying, pour them a cup of tea."

Chen Xuebing calmed himself down, gave a greeting, and followed him out.

Before the two uncles and nephews had taken more than a few steps, Luo Min inside the house started wailing: "Yu Chunyin! If you dare to go to Shenzhen, I'll take Yu Xinxin back to her parents' home right now! Don't ever come here again!"

Yu Chunyin clenched her jaw muscles and continued walking forward.

Upon hearing this, Chen Xuebing could only shake his head.

It seems this matter cannot be resolved.

Hi.

It seems like I've wasted my time again.

Chen Xuebing has no regrets.

Rebirth is a clash between fantasy and reality. The imagined way of making money is to go from A to B, but in reality, there are countless unknowns in between.

His journey to where he is today, two months after his rebirth, is due to a combination of hard work—persuading his uncle and family, personally going to Shenzhen to source goods, and winning over the local construction site bosses—and also luck—getting on a fast track through Taobao and securing a highway contract that fell into his lap.

Ultimately, it was all about actively pushing forward, and in the process, many side events were triggered.

Otherwise, based on his limited foresight, if he wanted to go directly from A to B, he should still be at home waiting for a clear money-making opportunity, and then trying to take out his mother's tens of thousands of yuan and wait for it to double.

He didn't want to be so passive. It was a tough push, but he decided to keep going, even if he hit a wall.

For an ordinary person like him, being reborn would mean making mistakes and hitting walls, but the opportunity lies in knowing the direction of the end. Like a maze, the difficulty of solving problems is completely different when you are in it versus when you are outside of it.

Yu Chunyin had only walked a few steps to the construction site when Lao Tan was already directing three administrators to work overtime. Everything was in good order, and the road surface foundation was being laid in a very good manner. He was very pleased to see this.

"Zhao Fuhua!" Chen Xuebing shouted.

"Hey! Mr. Chen!"

A fat man came running over in a hurry.

This guy was in his thirties and dressed in a very interesting way: his hair was slicked back with mousse, he wore a wool suit that was so big that it couldn't be buttoned up because of his belly, a dark red shirt, a tie, and a conspicuous knock-off Hermes bag tied around his waist. Apart from his tight trousers and leather shoes that were a little muddy, he looked like a white-collar worker in Shanghai.

He really did work in Shanghai, reportedly as a car salesman. Later, his company went bankrupt, and he came back to look for work. Engineer Tan is his cousin.

This guy was Chen Xuebing's favorite administrator. He was fat as a bastard and looked quite pretentious, but he was very hardworking and organized. When he went out to buy things, he would plan the parts he needed to purchase two or three days in advance. He was good at bargaining and would make empty promises to the hardware store owner. He was also outgoing and managed to get along well with everyone and the nearby villagers in just a few days.

But Chen Xuebing's face fell at this moment.

"Didn't I tell you to keep an eye on the cement feeding? This is the most important part! If the cement isn't mixed evenly, all our previous efforts will be wasted! What are you doing running around like this?"

"I know, I know, Mr. Chen! We just finished a batch of materials and they're still mixing. It's a bit slow. I'll go talk to the cement vibrator downstairs and tell them to finish processing the section before the cutting line before they leave. We might have to work overtime until 7 or 8 pm today, Mr. Chen. I'm afraid we'll have to bring over a few light bulbs."

After Zhao Fuhua explained, Chen Xuebing's expression softened, and he took out a pack of cigarettes from his bag and handed one to him.

"No need. The generator comes with a set of high-brightness headlights in Sister Wu's house. We'll bring them over and install them in a bit. You haven't worked on a construction site for years, have you? Get familiar with the new equipment on the site. Also, that total station, I'll ask your cousin to teach you. There aren't many people who know how to survey these days. Once you can lay out lines on your own, I'll give you a raise."

"Hey! Thank you, Mr. Chen! Thank you, Mr. Yu!" Zhao Fuhua said and went back to work.

Yu Chunyin pointed at Zhao Fuhua's back in surprise, and looked at Chen Xuebing with a questioning look, wondering how this fat man knew his surname was Yu.

Chen Xuebing chuckled: "He's very shrewd. After I train him for a while, he'll be able to lead a team and do some small jobs on his own without any problem. This kind of manager should be assigned to manage construction workers, not the other way around."

He simply gave his uncle a few pointers and told him some management tips.

But this made Yu Chunyin's eyes look somewhat complicated.

This kid is developing too fast. They're already training him in management and making long-term plans. It looks like he's really going to break away from me and go solo.

With such a capable nephew, he naturally wanted to keep him by his side and have him make money.

He felt a sense of crisis.

"If I give you that three-tier standard, can you give me a 25% commission?"

Chen Xuebing hesitated for a moment, then nodded: "The room for maneuver in the three-point standard is too large. I just do a quick calculation and there's a 50% profit margin. Even if you release 25 points, you'll still have 25 points left. However, it requires an experienced person who can afford to invest the money. If a newbie like Luo An were to do it, he'd be lucky to get 30 or 40 points, and even completing the project might be a problem. My personal suggestion is that you go out and ask around. At least release 25 points. Don't waste this good project."

Yu Chunyin frowned: "You don't want to do it?"

Chen Xuebing shook his head.

His thoughts at the time were different then; now his perspective is different.

“My aunt has too many objections to splitting the profits with you. I can find projects with a 25% profit margin. For example, with this project, as long as you don’t mention my share, I’ll make more than 20% profit. The highway contract price is even higher, at least 30%.”

A sly glint flashed in Chen Xuebing's eyes as he deliberately avoided mentioning the fact that the other side had fully advanced the funds.

The jobs I get outside are more profitable than yours, how dare you mention my rates?
Yu Chunyin waved his hand dismissively and said irritably, "It's just a small job, I wasn't planning on mentioning your skills in the first place!"

After saying that, he sighed deeply again: "Your aunt and I started from scratch together, and she has helped me with her connections. Your sister is all grown up now, and I have my own difficulties... What opportunities have you seen in Shenzhen that you mentioned?"

“There is an opportunity, but you can’t earn it; you don’t have enough money,” Chen Xuebing said bluntly.

Yu Chunyin's face darkened: "I don't have enough money? Then what are you telling me?"

Chen Xuebing smiled and said:
"I was originally planning to take you to Shenzhen to get a piece of land. You just needed to raise seven or eight million, find a bridge loan company to advance half of it, bid for a piece of land, and once you got the land, you could immediately mortgage it to the bank to get a 70% loan and pay back the money from the bridge loan company."

I've already found the land for you. It's in Futian District, Shenzhen, within the Special Economic Zone. The land area is 14,000 square meters, the plot ratio is 1.74, and the building area is 24,000 square meters. The auction will be held in March. I estimate that you can get it for the reserve price of 16.8 million yuan. After you pay the land transfer fee, you can get a loan of 12 million yuan from the bank. If you hold onto it for a year or two, that 16.8 million yuan will at least double in value.

If the auction is completed in March, there might be an opportunity to resell it at a higher price in the second half of the year, potentially earning at least several million.

You only need to sign the papers and attend the auction. I can handle all the other procedures, including finding a bridging company, a bank, and a seller. I'll only take 20% of the profit.

But in this situation, would you dare? Your aunt and you are husband and wife; both of you need to sign. Would you let her sign?

Yu Chunyin's expression gradually became serious.

"This leverage... isn't it too high? 1680 million, if it doesn't appreciate in value, the bank interest alone won't be a small amount. What if we lose it all..."

"Large leverage?" Chen Xuebing chuckled twice.

"If it weren't for the People's Bank of China issuing Document No. 121 in 03, which stipulated that self-owned development funds should not be less than 30%, many people would have been eager to leverage 10 times. It's only been a few years since Deng Xiaoping's Southern Tour in 92 allowed everyone to do business. Do you think those companies with tens of billions in scale came about?"

The People's Bank of China's Document No. 121 has a significant impact on the real estate market, setting an upper limit for developers' leverage. However, even after the document was issued two years ago, many people were still operating in violation of regulations. Chen Xuebing was simply setting a leverage ratio within the rules for his uncle.

In Futian, what does a 14,000-square-meter commercial plot mean? The stipulated plot ratio is not even worth considering. The final built plot will definitely exceed the limit by a large margin. At least a small shopping mall with a building area of ​​40,000 square meters can be built, plus an underground parking lot of several thousand square meters.

This plot of land could have fetched close to 20 billion yuan during the peak of Shenzhen's land prices in later years.

But right now, it's only 1680 million.

There are even better locations that no one has bought yet. "If you ignore me now, you'll regret it later."

Chen Xuebing sighed deeply, his words striking Yu Chunyin's heart with a powerful force.

Actually... it's not that we can't afford to pay.

Even with a 10% interest rate before and after the initial investment, plus handling fees, as long as the principal is broken and the investment is sold, the loss would be less than 1680 million. The commission from his three investments would also be more than 200 million.

If it really doubles as Chen Xuebing said, then he'll never have to worry about food and drink for the rest of his life.

"I discussed it with your aunt..."

"Forget it." Chen Xuebing immediately raised his hand: "If you tell her you need to borrow money and take out a loan of ten million, and she doesn't immediately file for divorce, then I'm working for you for nothing."

Yu Chunyin choked for a moment, but since what her nephew said was indeed the truth, she hesitated for a moment and then said:

"Are there... smaller investments? Like those small plots of land, two or three million?"

He originally thought that Chen Xuebing would only ask him to invest two or three million at most. He had more than three million on hand, plus a settlement payment of more than two million from the Yuzhong sewage treatment plant, and commission fees from the third bidding in the second half of the year. He was quite well-off. If there was really something that could make money, he would consider it.

Unexpectedly, Chen Xuebing asked for 1680 million yuan, which made him feel awkward. The price he originally expected had become a small investment.

Chen Xuebing chuckled and said, "Two or three million isn't even enough to buy a small factory."

He checked the recent land auction information in Shenzhen and found that the cheapest factory plot was actually listed at 2.8 million yuan. The plot was huge, over 10,000 square meters, with a building area of ​​16,000 square meters, but it was located in an urban village in Longgang.

Although Longgang is a district of Shenzhen, it will be several more years before it is incorporated into the Special Economic Zone. Moreover, the area is too large. Shenzhen is 2000 square kilometers, and the Special Economic Zone currently occupies 395 square kilometers. Longgang alone covers 844 square kilometers, which is more than twice the combined area of ​​the four Special Economic Zones of Futian, Luohu, Nanshan, and Yantian. Land prices there may not rise as quickly.

If he bought that place, then his plan to use his uncle's money to make money in the short term has failed.

Even if the profit increases tenfold in a few years, what use will he have for that 20% profit? Does he expect to still need those few million in a few years?
…But it will definitely be useful for my uncle.

Thinking of this, Chen Xuebing sighed somewhat disappointedly: "It's not that there aren't any. The plots are quite large, but the location is rather remote. Although the appreciation potential is huge, it won't appreciate that quickly. If you're willing to wait, I can recommend some to you."

"Oh?"

Yu Chunyin became interested.

He's not afraid of losing money, but he's afraid of losing money with leverage.

Chen Xuebing chuckled: "I guarantee you'll make money, and a lot of money. I'm just afraid you won't dare to buy when you get there."

In Longgang, or even in a village, a property listed for 2.8 million yuan, covering more than 10,000 square meters, could be guessed exactly what it would look like.

"Tsk." Hearing Chen Xuebing's teasing tone, Yu Chunyin began to hesitate again: "Small investments are fine, but big businesses... you can live on your own without worrying about your family, but I'm not like you."

"What's the difference? I still have to take care of my mom and younger brother!" Chen Xuebing waved his hand: "Chen Xuejin will be attending a tutoring class after the New Year, with registration fees of several thousand yuan!"

"What tutoring class? I'll pay for it!" Yu Chunyin's eyes widened, but upon hearing that it cost several thousand yuan, he became generous again.

Chen Xuebing couldn't help but laugh: "Uncle, the details are too complex. You may not care about a few thousand yuan, but a hundred thousand yuan adds up to hundreds of thousands. You should save more! Money-making opportunities aren't always available!"

Thinking of his uncle's generosity over the years and his subsequent financial difficulties, Chen Xuebing really wanted to help him out.

However, with his aunt around, his desires were reduced by half.

Yu Chunyin then appeared deep in thought.

After a long pause, he nodded.

"I'll ask them to provide 20 points for that three-point standard. If they don't agree, I'll do it myself. You can come and help me for a while, lead the team, and make some adjustments."

This time, Yu Chunyin did not ask Chen Xuebing to do it, nor did she offer Chen Xuebing any special terms.

This wasn't a business deal, so Chen Xuebing couldn't very well refuse.

"alright."

……

Yu Chunyin left after the meeting, and Chen Xuebing did not see Luo Min again. When he returned from the construction site, Luo Min was already gone.

Busy hours.

The next day, Chen Xuebing stayed with everyone until the last morning to finish pouring the surface layer of a section of the road. He then arranged for two local workers to come and cut the road joints in a couple of days before it was time to finish work and go on holiday.

These days, the festive atmosphere of the New Year is still quite strong. The holiday for the New Year is one week before the New Year and one week after the New Year, it doesn't start from New Year's Eve.

When it came time to pay salaries, Chen Xuebing gave each administrator a small red envelope of two hundred yuan, even though they had only been there for a few days. After arranging for everyone to return home on the seventh day of the Lunar New Year, he hurriedly left.

On the return trip, there were three of us.

Chen Xuebing, Ren Ying, Jiao Gui.

After spending half a day in the county, Chen Xuebing bought a bunch of local specialties, all of which were carried by Jiao Gui. It was the first time Chen Xuebing had felt the ease of having a henchman.

In his previous life, he was also wealthy, and his company had drivers, but they weren't private, and he didn't have any personal assistants.

He had a tough start to this life, and he was ready to start enjoying it as soon as possible.

We boarded the bus back to Chongqing, three of us sitting in a row.

"Jiao Gui, you and Ren Ying can divide these things up and take some home."

"Okay! Brother, are you going straight home from Chongqing? Do you want me to help you carry the bags back?" Jiao Gui hadn't even gotten into the car yet, but he was already very willing to help carry the bags.

"No, Lu Yiwen and the others have been playing games at an internet cafe these past two days. You should go find them."

Taobao is still open for business these days, but the courier service has been suspended. It will take two weeks to ship a product. Since customers have heard that the shipping time is so long, very few have shipped their products.

Chen Xuebing took out his phone and called Huo Xiaowen.

As soon as the call connected, Chen Xuebing began offering his condolences in the tone of a boss.

"Comrade, you've worked hard! When are you coming back for the New Year? Let's get together."

Huo Xiaowen seemed a little uninterested in the New Year: "What's the rush? It'll be in a few days! You can't start work over there right now, but I can still sell some here. We'll split up and set up stalls, and we'll make whatever we can."

"You're even more hardworking than me, damn it." Chen Xuebing laughed and cursed, "You've already earned tens of thousands, isn't that enough? Spring Festival tickets are in high demand, book them early, or you won't be able to come back. When you get back, play cards and lose some money to me."

Thanks to Huo Xiaowen's busy work in Shenzhen during this period, the two have developed a friendship, and Chen Xuebing really wants to get together with him and have some beer.

"Got it! That damned Yang Bailao!"

Huo Xiaowen grumbled and cursed, but his tone became much more cheerful.

After chatting for a few minutes and hanging up, Chen Xuebing stared blankly at his phone's contact list.

Xin Mengzhen, Yang Qingyue.

The initials of their surnames X and Y put the two people together.

Chen Xuebing hesitated for a moment before dialing X.

(End of this chapter)