At the same time, Huang Yu, the CEO of Shunfeng Real Estate, the largest real estate company in SH City, found Mu Chenhao. The "Dushu No. 1" project developed by Mu Chenhao had achieved great success, so Huang Yu wanted to take this opportunity. Talk to Mu Chenhao about cooperation.
As a businessman, Mu Chenhao did a good job in welcoming him on the scene. The two of them shook hands cordially and exchanged greetings, as if they were close friends who had not seen each other for many years. In fact, this was the first time they met. Huang Yu didn't show off and said directly, "Mr. Mu, actually I came here for a reason. I recently won a big project. 200,000 square meters of land, right at the junction of Dongpu and Xipu, is being developed near the new area. I wonder if Mr. Mu is interested in joining the demolition site
What to do? "
Upon hearing the news, Mu Chenhao was not as surprised as Huang Yu imagined. Instead, he seemed very calm, which made Huang Yu have to think highly of Mu Chenhao.
"Mr. Huang has such a good project, it's really commendable that he still remembers me!" After a while, Mu Chenhao finally spoke, but there was something in his words.
Of course Huang Yu could hear it, but he said calmly, "Mr. Mu, what are you talking about? I'm not doing this for a win-win situation. How can I eat such a big piece of cake by myself? So after thinking about it, I just came to see you!" "Oh? Is that so? As far as I know, the real estate bubble was very serious some time ago. Mr. Huang's real estate projects in Hong Kong lost all his money, and the company's capital turnover was problematic, so you Did you apply for a large loan from the bank?" Mu Chenhao took a sip of the tea in front of him.
Said leisurely. Huang Yu was a little surprised when he heard that Mu Chenhao pointed out his pain point directly, but he was not a newbie anymore, so he quickly returned to normal, "What did Mr. Mu say? The development of Shunfeng Real Estate, didn't Mr. Mu Are you clear? My name is Huang Yu, and it’s worth a lot of money. No.
Something! "Mu Chenhao smiled and didn't pursue the matter. After all, although Huang Yu and he were not partners, they were definitely not enemies, so Mu Chenhao didn't want to speak too harshly, "Mr. Huang, just the two of Huang Yu It's worth my help if I don't write Chinese characters. It won't do any harm to me in the future, but
…”
Mu Chenhao suddenly paused, a little pretentious, "Mr. Huang, I am really not optimistic about the real estate sector in the short term. The profit rate is too low. Moreover, we are equity investment. If I intervene, it will definitely be a project." It’s equity. It’s impossible to finance it on credit.”
Huang Yu hesitated for a long time, and finally raised his head slowly, "As long as the funding problem can be solved, I can give up part of the equity in the project."
Mu Chenhao couldn't help but widen his eyes. It seemed that Huang Yu's shortage of funds was more serious than he imagined!
Now that Huang Yu has said this, Mu Chenhao's interest has finally been piqued. After all, although real estate is a bit of a bubble, it is still a pillar industry for urban development. In this industry, countless billionaires have been born.
Among the top 100 richest people in the Forbes list, as many as 20 people are mainly engaged in real estate, not to mention a large number of real estate companies that are not listed on the market.
If you include those businessmen who have changed their nationality, it is conservatively estimated that at least half of the richest people in the Forbes list will be giants in the real estate industry.
Facing a market worth tens of trillions, which can even be said to be the largest market, how could Mu Chenhao, the president of M Moser Group, not get involved in it
The success of "Dushu No. 1" last time was Mu Chenhao's small trial in the real estate industry. Maybe this cooperation with Huang Yu is just an opportunity to enter the real estate industry, at least to train the team and accumulate experience.
Thinking of this, Mu Chenhao's mind was made up, so he continued to say to Huang Yu, "In business, Mr. Huang, I want to know how much money you still lack? What is the expected profit of this project? What are you planning to do? How much equity will be given up?”
Seeing that there was something to be done, Huang Yu quickly replied, "Now we are still short of 20 million in start-up capital. If it is pure financing, the monthly profit will be three cents."
Mu Chenhao smiled and shook his head, "Mr. Huang, I made it very clear just now. I am not a charity, let alone a loan shark. I only accept equity investment." Huang Yu grinned, "Haha, I know. Since Mr. Mu is willing, let's do it. If we cooperate, I am willing to give up 20% of the overall profit of the project! The total investment of this project is 150 million, the operating income is expected to be about 300 million, and the net profit is almost 45%. 55% this
within the interval. "
Mu Chenhao silently calculated in his mind. If this was the case, the net profit of the project would be about 150 million, and 20% of the net profit would be 30 million.
Judging from this ratio, Huang Yu is pretty good about himself, but Mu Chenhao is still a little confused about this profit rate of return.
He thought about it for a while and then asked, "Mr. Huang, the investment amount for the entire project is 150 million. If you are only short of 20 million, you should be able to find the money anywhere. There is no need to find someone to invest, let alone Give up 20% of the profit shares." Huang Yu smiled bitterly. He knew that Mu Chenhao would not be satisfied if he didn't tell the cause and effect, so he thought about it and finally said, "Mr. Mu, tell the truth. The start-up capital of the project plus yours is less than 50 million. Frankly speaking, your 20 million is already the start-up capital.
The biggest head of funds. "Mu Chenhao couldn't help being shocked. He knew that real estate operations were basically cost-free in the early stages, but he didn't expect it to be so cheap. With less than 50 million start-up capital, he could leverage a 150 million project and make a profit of 100 million yuan. 50 million. The actual profit rate can reach more than 300%, which is really
Money comes quickly!
Huang Yu said with some disapproval at this time, "It's nothing. People like Dawan and Wanke are playing even better. The whole project may only cost money to rent an office, and the rest will be bank loans. It is possible to make a profit of 20 to 30 times. "After obtaining the land through connections, we can then apply for a loan. After the first batch of bank loans are obtained, we can officially put into construction. But we still have to spend money on the three connections and one leveling in the early stage. After the official start of construction, the bank will definitely approve the loan for the cost of 150 million I mentioned before.
Bank interest is already included. "Huang Yu explained it to Mu Chenhao in detail.
"This is really a very profitable business!" Mu Chenhao couldn't help but sigh. No wonder so many companies, large and small, are eyeing the real estate industry like flies, and no matter who they are, they can get a piece of it.