Online lottery money to make money from where

Online lottery money to make money from where

Liang Qingfan didn’t say anything more. Since Boss Pei was sure that he wanted to buy a residential-commercial building, he would be familiar with its flaws.

Of course, Pei Qian was familiar with its flaws. However, those formed the reasons why he wanted to buy a residential-commercial building in the first place.

Compared to ordinary residential buildings, he could only hold ownership of residential-commercial buildings for shorter periods. He would also have to pay for utilities, electricity, property management, and carpentry according to commercial standards. That meant living expenses would be higher.

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On the whole, there would be high living density in the area, too. The apartments would be small and wouldn’t face north or south. It wouldn’t be as comfortable.

Pei Qian considered this: although residential-commercial buildings were generally thirty to forty percent cheaper than residential buildings, they had the poor potential to appreciate, higher living expenses, and shorter ownership periods.

Pei Qian would also have to fork out more money to renovate the building. Wouldn’t his chances of incurring losses increase?

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As for why he wanted to buy a new building...

There were older residential-commercial buildings, but he needed to hire butlers and cleaners for the Sloth Apartments. Moreover, he would have to buy the entire building to start planning that. For older buildings, he ran the risk of not being able to purchase the entire building because one or two households were unwilling to move out; that was unless the buildings had remained empty for a long time, and the owners were eager to sell them.

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Thus, buying a new building would save Pei Qian the trouble. Even if a few apartments had already been sold, Pei Qian could buy them back for a slightly higher price.

Pei Qian looked around. The apartment was squarish and not much different from ordinary lofts. The first floor contained a living room, a dining room, and a kitchen. However, there was no gas stove. Tenants would only be able to depend on an oven, a microwave oven, and an electric stove.

Pei Qian nodded quietly. Yes, this was quite satisfying

The second floor was quite simple as well—it was just a bedroom.

Pei Qian scanned his surroundings and discovered that the living conditions were not bad. However, it was quite small.

That meant that, if he stuck to the extremely minimalistic style of renovations, the house would not be able to contain much else. Tenants would not have a good experience living here in reality.

In addition, the rent would be high because of the building manager, cleaners, and utilities. Thus, Pei Qian was confident that pretentious, cultured youths would not be able to bear renting an apartment.

After making one round around the apartment, Pei Qian felt satisfied. He faced Liang Qingfan and asked, “Mr. Liang, do you think this price is appropriate?” Liang Qingfan pondered for a moment and said, “It’s quite high, but it’s acceptable. Still, the biggest problem is—”.

Pei Qian did not wait for Liang Qingfan to finish speaking. Instead, he turned to Little Sun and said, “Alright, buy it. Notify Assistant Xin, and then we’ll go and look at the next building.”

Liang Qingfan: “...”