Chapter 299 Big Farm

A vast farm in Fresno.

Under the gentle sunshine, in the endless green grassland, Lin Baicheng, Yamaguchi Momoe, and Isabella were riding on the docile mare, breathing the fresh air.

This vast grassland is already Lin Baicheng's property.

This time, Lin Baicheng came here not to look before buying, but to come here after buying. Farms are different from private planes. Farms are generally the same. Lin Baicheng does not need to go to the site to make a special inspection before deciding whether to buy.

Once a professional team has determined that there are no problems with the farm, it can be purchased.

Due to the impact of the economic recession, the land price plummet in the United States has not yet passed, resulting in farm prices being quite cheap, so Lin Baicheng made a big purchase.

The climate here in Fresno is suitable for the development of agriculture and animal husbandry, so the price of land is slightly more expensive than in other areas, but even so, the price of an acre is only US$38.

One acre is equivalent to 6.07 acres. If converted into square meters, it is more than 4,000 square meters, and the price is only 38 US dollars. However, this is the land price of rural farms, and it is definitely incomparable with the price of urban land. If you build a property here

No one will buy it, so it is normal that the land price is cheap.

Despite this, an acre of land only cost 38 US dollars. Lin Baicheng thought that he would spend all the tax credits anyway, so he bought more.

He bought several farms in succession and merged them into a large farm of 164,000 acres, totaling about one million acres. In addition, a mountain next to these farms was also bought by Lin Baicheng at a cheaper price.

, for only $1.5 million.

The farm plus more than 200,000 acres of land in the mountains, as well as the original agricultural products of several farms, cattle and horses, agricultural machinery, etc., all together cost only 9 million US dollars, which is dirt cheap.

However, Fresno officials also have requirements for buying such a large piece of land.

First of all, the farm cannot be abandoned, otherwise you will be waiting to lose money. It must be cultivated normally. Over-cultivation will also face fines. For example, there is a limit on how many cows and horses can be raised per acre. If you exceed the limit, you will be fined.

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The reason why farms cannot be abandoned is also very simple. First, if the land is abandoned, it will definitely be worthless. Second, the government needs farms to hire farmers to ensure farmers’ income. Fortunately, agriculture here in the United States is industrialized, intensive farming, and advanced farming.

With the help of machinery, each farmer can cultivate about a thousand acres of land, and Lin Baicheng's farm only needs to recruit about 200 farmers.

There are also restrictions on the other side of the mountain, which prohibits indiscriminate logging. It stipulates how many years of trees cannot be cut down and sold for money, what types of trees cannot be cut down, etc. Not only the trees, but also the animals in the mountains are also restricted, and at what time of year you can hunt.

, it stipulates how much prey can be hunted each year, which animals cannot be hunted, and many other restrictions.

The reason why Duoduo and Lin Baicheng are restricted from buying so much land is because as long as the farm does not encounter drought or long-term heavy rain, it usually makes a certain profit every year and does not lose money. On the other side of the mountain, it will take about twenty years.

However, Lin Baicheng never thought about making money. If he had a place where he could hunt in the future, the $1.5 million would be worth it to him.

Lin Baicheng has already thought about it. It is best to hire people to run the farm. It is best to make some money every year. The minimum requirement is not to lose money.

Lin Baicheng would specially select a piece of land to build a large villa and come there several times a year for vacation to enjoy the scenery and tranquility of the countryside, away from the hustle and bustle of the city.

Occasionally riding a horse, hunting or fishing in the mountains is also a very good life.

After Lin Baicheng stayed at the farm for two days, he returned to Los Angeles.

These two days were enough time for his team to make statistics and report to Lin Baicheng. It would cost nearly 30 million U.S. dollars to build a large villa planned by Lin Baicheng on the farm, plus investment in farm machinery and other mechanical equipment, totaling

It costs more than thirty million US dollars.

If calculated, Lin Baicheng's investment in the farm is about 40 million US dollars.

Lin Baicheng approved it. Anyway, of the US$142.6 million in legal tax avoidance, the private jet only cost less than US$50 million. Even if US$40 million was spent here, Lin Baicheng still had at least US$50 million to spend.

It is a pity that the consumption of luxury goods such as jewelry cannot be tax deductible, otherwise Lin Baicheng would really like to buy some gemstones and diamonds and keep them for future beauties.

In addition to private jets and farms, Lin Baicheng also decided to order three specially-made extended Lincolns, which are bulletproof and explosion-proof. Although these functions may not be used, they are not the best. Anyway, they are tax-deductible consumption and safety-related consumption.

Don't even be stingy.

Ordered three units, one each for Los Angeles, Tokyo and Xiangjiang.

Three specially-made extended Lincolns cost tens of millions of dollars, which is quite expensive.

Lin Baicheng used most of the tens of millions of dollars left from legal tax avoidance to buy real estate and villas in Los Angeles, New York, San Francisco and other places. In this way, Lin Baicheng did not have to stay in hotels when he went to other cities and had a place to stay.

In addition, you will definitely not lose money buying real estate in this era, and it can be considered a disguised investment.

When Lin Baicheng returned to Los Angeles, the private jet had been decided. He made a certain degree of modification based on the modified Boeing 747, which was millions of dollars cheaper. However, after calculation, the final cost was also

The price will reach about US$45 million, and the specific price will not be determined until the machine is delivered.

However, usually even if there is an error between the estimated price and the actual price, the error will not be too large.

Good news also came from the side that entrusted Goldman Sachs to acquire. Goldman Sachs acquired the most advanced memory chip technology from Intel. Intel has agreed to sell the latest technology on the market for its own products and grant patent licenses. The reason why it is willing to sell the memory chips on the market

The latest technology, that's because Intel has developed more advanced technology, and more advanced memory chips will appear on the market soon.

But after all, it is a quite advanced technology. Although today, because personal computers have just emerged, this huge market has not been taken seriously, and memory chip technology has not been taken as seriously as it will be in the future. However, Intel wants to kill Lin Baicheng with a knife. The lion opened his mouth and shouted

A huge price.

Although Lin Baicheng can accept this price in his heart, on the surface he definitely cannot agree, otherwise he will not be able to acquire other technologies in the future. Other companies will follow suit and all of them will shout super high prices, no matter how rich he is

I can't bear it either.

Therefore, Lin Baicheng asked Goldman Sachs to bargain. The lower the bargaining price, the higher the commission for Goldman Sachs.

Currently, the two parties are still negotiating the price, and other acquisitions are also proceeding steadily.

(End of chapter)

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