My son is a reincarnated soul; I overheard his inner thoughts and became the richest man.
Chapter 17: A courtyard house, worth hundreds of millions in the future?
Chen Feng is a man of action. With over a million yuan in cash flow as his foundation, his expansion speed is astonishing.
Just one week later, he acquired another shop of more than 400 square meters in Putuo District.
The renovation team worked around the clock, and a month later, the second branch in Shanghai officially opened.
The new store opening follows the same familiar formula: luxurious decor, a self-service system, and crazy recharge cashback promotions.
There are indeed many wealthy people in Shanghai; it's common to see members who recharge their accounts with 500 or 1000 yuan.
This wave represents another large influx of funds.
Chen Feng is like a master of manipulating capital, using the money prepaid by members to open new stores, and then opening the next one after the new store makes money.
This "borrowing a chicken to lay eggs" model caused the scale of the "storm" to explode exponentially.
In just three months.
By November 1999, Chen Feng already had five branches in Shanghai!
Including the two in Linjiang, there are a total of seven large internet cafes!
Each store has more than two hundred machines, with the largest store in Putuo even having four hundred.
Even excluding membership top-ups, the daily turnover from these two cities alone can bring Chen Feng a net profit of over 100,000 yuan!
100,000 a day!
In an era when the average person's salary is only a few hundred yuan, Chen Feng's current daily income is more than most people could earn in a lifetime.
However, the more money you make, the more envious you become.
In the past six months, internet cafes have sprung up like mushrooms in Shanghai and Linjiang.
Many followers started a price war, with some even pushing prices down to two and a half or three yuan.
Faced with this vicious competition, Chen Feng, though disdainful, could only retaliate appropriately.
With a wave of his hand, he lowered the internet fee across the board by 50 cents.
Although it was a bit painful, thanks to its massive size and invincible environment, it still firmly maintained its dominant position.
......
Time flies, and it's already the end of December.
As the clock strikes midnight on New Year's Eve, the world is immersed in the celebrations of the new century.
After finishing his business in Shanghai, Chen Feng drove his newly purchased black Audi A6 back to Linjiang.
He's been too busy these past few months, spending most of his time in Shanghai overseeing the renovations and opening, leaving Linjiang as his main base.
Fortunately, his son Chen Xiaotian is a "reborn" person. He is well-behaved and sensible, even more worry-free than adults, which gives Chen Feng no worries.
As soon as I entered the house, I was greeted by a wave of warmth from the radiator.
Chen Xiaotian was sitting cross-legged on the sofa watching TV, holding half a watermelon and eating it with a spoon.
"Dad, you're back!"
Upon seeing Chen Feng, the little guy's eyes lit up, and he put down the watermelon and pounced on him.
Chen Feng picked up his son and gave him a random kiss on the face, the stubble on his face making Chen Xiaotian flinch.
"Son, have you missed your dad?"
"I've thought about it!" Chen Xiaotian answered crisply.
Chen Feng sat down on the sofa with his son in his arms, lit a cigarette, and looked at the old house where he had lived for many years. Suddenly, he felt that it was a bit cramped and narrow.
"Xiao Tian, winter vacation is coming soon. Dad has been thinking, and I've decided that you won't have to study here after the New Year."
Chen Feng exhaled a smoke ring and said seriously, "Come to Shanghai with me. I'll find you the best boarding school there, and we'll live in Shanghai together from now on."
Chen Xiaotian was stunned for a moment, then overjoyed.
Go to Shanghai? That sounds great!
He had long since tired of this run-down Linjiang; Shanghai was the true center of the times!
"Great, Dad! I've wanted to go to Shanghai to see the Oriental Pearl Tower for ages!"
Chen Xiaotian clapped his hands excitedly, then his eyes darted around before he asked, "But Dad, where are we going to stay in Shanghai? We can't just stay in hotels the whole time, can we?"
Chen Feng smiled and said, "Dad has money now, so we can rent a bigger apartment, or..."
Before he could finish speaking, he heard his son muttering something urgent in his mind.
Rent a place? Dad, are you out of your mind?
It's the end of 1999! The new millennium is just around the corner! This is the best time to buy a house!
[How much are house prices in Shanghai now? In slightly less desirable areas, they're a little over 1,000 yuan per square meter, and even in the city center, the highest price is only 3,000 to 4,000 yuan per square meter! Buy a few houses now and leave them there; even if you do nothing for 20 years, that's a fortune of several hundred million yuan!]
[Especially those old villas with gardens—they'll be so rare that even money won't be able to buy them in the future!]
Oh, and Beijing too! Housing prices there are probably a bit cheaper than in Shanghai right now. If you have some spare cash, you should definitely buy a courtyard house in Beijing!
[I remember reading in the news from later years that a courtyard house by the sea in Shichahai could sell for hundreds of millions! And there were never any available; it was a symbol of status!]
My dad earns 100,000 a day now, that's three million a month. This money's just depreciating anyway, might as well turn it all into property deeds! Let's buy ten or eight apartments!
Upon hearing the words "several hundred million" and "courtyard house," Chen Feng's hand holding the cigarette trembled violently, and the scalding ash fell onto the back of his hand.
He ignored the pain; his heart was in turmoil.
A house...could be worth hundreds of millions in the future?
This is even more outrageous than robbing a bank!
Although he is now rich and considers himself a tycoon, he still feels his scalp tingle when he hears the unit "hundred million".
Chen Feng quickly considered the matter in his mind.
He spent half a year in Shanghai and does have some understanding of the housing prices there.
Just as my son said, the new apartments in Putuo are only a little over 2,000 yuan per square meter. A 100-square-meter apartment would cost a little over 200,000 yuan in full.
More than 200,000...
For him now, that's just two days' worth of revenue.
Can you trade two days' earnings for a future multi-million dollar mansion?
Even a fool could do the math!
Chen Feng's breathing became somewhat rapid.
He looked at his seemingly innocent son in his arms, his eyes burning with intense passion.
This kid is a real treasure trove!
However, Chen Feng also realized a problem.
As the internet cafe business expanded, he found himself overwhelmed with the workload.
With Li Zhicheng and Zhao Kai keeping an eye on things in Linjiang, he wasn't worried.
But with five stores in Shanghai and the need to expand to other places, he couldn't possibly manage it all by himself.
"I need to find a professional manager... preferably someone who can handle all these trivial matters for me, and even help me expand into new cities."
Chen Feng went through the people around him in his mind and found that none of them were suitable.
Li Zhicheng is too honest, good at maintaining the status quo but lacking in ambition. Zhao Kai is a tech geek; letting him manage people would be a disaster. Liu Yan, the accountant... she's pretty, but she's only cut out for bookkeeping.
Looks like I'll have to go to a headhunting firm to look for someone after the New Year.
Chen Feng made up his mind and turned his gaze back to his son.
The house-buying plan that my son just mentioned really resonated with him.
So Chen Feng stubbed out his cigarette, looked at Chen Xiaotian and smiled, "Son, it's just a place to live. Dad will go to Shanghai in a couple of days and buy ten or eight sets."
"Then you can live in Pudong if you want, or on the Bund if you want. Your dad is so poor right now, all he has left is money!"
Chen Feng has the air of a nouveau riche.
Chen Xiaotian was stunned when he heard this, and even stopped using the spoon he was using to scoop out watermelon.
Wow, Dad's really getting cocky lately, asking for ten or eight sets of clothes out of the blue. But I like his boldness; I don't even need to bother trying to persuade him.
[But buying things in Shanghai isn't enough. The courtyard houses in Beijing are the real family heirlooms. I need to think of another way to provoke him...]
Chen Xiaotian was just wondering how to start the conversation when Chen Feng blurted out the answer.
"Not just in Shanghai!"
Chen Feng stood up and paced around the cramped living room, full of confidence. "After I'm done with this busy period, Dad's going to Beijing! To Guangzhou! To Shenzhen!"
"In each of these major cities, we'll buy ten or eight units!"
"From now on, wherever you want to travel, we'll stay in our own house. Staying in hotels is so boring!"
Chen Xiaotian dropped the spoon in his hand.
[This...this is way too clever!]
[I haven't even mentioned Guangzhou and Shenzhen yet, and Dad's already figured it out? His insight is incredible, like he's been granted supernatural powers!]
Twenty years from now, housing prices in these first-tier cities will be astronomical! In places like Guangzhou and Shenzhen, a single apartment will easily cost millions or even tens of millions of yuan!
If every city really had ten or eight properties, wouldn't my net worth start at ten small goals?
Chen Xiaotian quickly pressed his advantage: "Dad! You said it yourself! We have to buy in every big city! When I grow up, no matter which city's university I get into, I want to live in a big house!"
"And it has to have a garden! Ideally, it should also have a sea view!"
Chen Xiaotian found a plausible reason for this crazy home-buying plan.
With these dozens of properties as a foundation, even if my dad's business fails in the future, I can still live a carefree life as a super landlord.
This is the ultimate form that a reborn person should have!
"Okay! Dad agrees!"
Chen Feng rubbed his son's head.
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