The total length of this street is only more than 200 meters, and there are no large houses on both sides. They are all old and messy houses. Most of the residents are poor and can be easily purchased.

From now on, we will sell as many houses as we can along the street from Wangfujing Street in the west to Xiaowei Hutong in the east.

Believe me, this place will definitely be demolished and renovated in the future. Even if you leave it here, you will make a lot of money sooner or later.

What's more, if we have sufficient funds, we can apply to the local government and let us demolish and renovate it.

If a high-end foreign-related hotel is built here, think about it, with the current tourism boom in the capital and the location close to Wangfujing, wouldn’t it make a lot of money?

Even if we don’t have the strength to build hotels for the time being, we will build a few more stores and turn all the hotels into unique chain hotels.

For example, restaurants from the four major cuisines of Sichuan, Shandong, Huai, and Guangdong are all here, and they are all operated in a unified manner. This can also create a smaller dining circle and create a clustering effect.

At that time, let’s say hello to the relevant foreign tourism departments. If foreigners come here to travel to Beijing, then this place will become an Internet celebrity place. Isn’t making money as easy as drinking water?”

"It's interesting." Lou Xiao'e nodded, "But it's not easy, right?"

"I will be responsible for establishing connections. It is easy to convince people around me to sell their houses." Cao Zhiqiang said with a smile, "We are short of money now."

Lou Xiao'e thought thoughtfully: "Then if I want to invest, how much will it cost?"

Cao Zhiqiang said with a smile: "To be honest, I have a lot of money on hand now and can buy many houses around me. But if you want to do a large-scale project and buy all the shops along this half street, you at least have to buy it."

Invest this amount.”

After speaking, Cao Zhiqiang stretched out five fingers.

"Five hundred thousand?" Lou Xiao'e asked.

"I'm just kidding." Cao Zhiqiang said, "I took out half a million myself, I said five million!

By the way, it’s five million RMB, not Hong Kong dollars!

Don’t forget, we not only have to buy a house, but we also have to spend money on decoration and renovation, which is quite expensive.”

"This..." Lou Xiao'e frowned, "This amount is a bit large."

"Then how much can you take?" Cao Zhiqiang asked.

Lou Xiao'e thought for a while: "At most two million... Hong Kong dollars."

Cao Zhiqiang frowned: "Isn't that just over 800,000 RMB? It's too little."

After shaking his head, Cao Zhiqiang said: "How about this, you take one million RMB, I will provide some more money, and I will also be responsible for building relationships and providing technical support. Let's jointly build this food street business of converting houses into restaurants. How about that?"

Listen to me, Aunt Lou, and do it now!

Today, foreign capital has not yet come in on a large scale, private companies have not yet begun operations, especially while housing prices are low, and most of these are private residences. If we buy this place as early as possible, we will make a fortune earlier!

This is not so much a hotel business as a real estate business. Don’t miss this opportunity!

If we wait a few years and wait for foreign businessmen to react and wealthy giants come to invest in real estate, and the government’s housing buying and selling policy also changes, then we won’t have anything to worry about!”

Lou Xiao'e thought for a moment and said, "Okay, I can offer one million, but how do you calculate the shares?"

Cao Zhiqiang laughed: "Aunt Lou, don't worry about the stock issue now, that will happen later.

For now, let's sign a letter of intent for cooperation first, and then I'll take this thing and go to the State Administration for Industry and Commerce for negotiation.

With your letter of intent as a Hong Kong businessman, it will be easier for me to negotiate for a private enterprise license.

After my private catering company license is approved and my private company is established, how about we talk about shares and cooperation?"

Lou Xiao'e thought for a while: "Okay, that's it. But, can you really buy all the houses here? What if someone is not willing to move out?"

Cao Zhiqiang shook his head: "Aunt Lou, although you grew up here, you left too early after all, and you are already a little unfamiliar with the situation here.

Nowadays, we can already buy and sell real estate, but because it has just been opened up and only allows private buying and selling of real estate, there is no real real estate trading market, so the real estate buying and selling market is still quite chaotic.

In other words, many people are eager to sell the properties here, especially the old-style courtyard houses here, and then move to new buildings to live in.

In Jinyu Alley, except for a few places like the Garden and the Peace Hotel, the rest of the places are mostly honest courtyards and courtyards.

In a house like this, the people inside wish they could sell the house early and then use the money to live in a building somewhere else.

In other words, if we are willing to take over the house now, there will definitely be a lot of people crying and shouting to sell the house, and the price will be absolutely cost-effective.

Even if there are a few nail dealers left who don't want to sell, just avoid them. Anyway, the number won't be large and it won't make a difference.

In other words, what I call a food street project means that the houses here can be taken over, but not demolished.

We don’t collect those big houses with good yards, but only those old and shabby ones. We win by quantity. The purpose is to occupy the land and build a large scale.

I don’t insist that all the houses on the street belong to us, I just need that most of them belong to us.

And in this case, the money spent is not much, at least not much for now.

After the house is taken over, cleaned up a little, and renovated a little, it can be turned into a characteristic cultural and food street.

In this way, there is no need to spend too much decoration costs.

When you make more money, you can then consider getting a loan from a bank and start a second-phase project, such as knocking down a dilapidated house and rebuilding it, building a building, building a hotel, or anything else.

At that time, we can use the excuse of starting a new project to apply to the relevant local departments for demolition and reconstruction.

As long as the project is approved, we do not need to be responsible for the early demolition issues, and the relevant departments will do it for us.

This is not Xiangjiang. The current housing demolition is not that complicated. As long as the relevant departments are dealt with, demolition and reconstruction can be done in just one sentence.

So, this is a real estate business under the guise of opening a food street, do you understand?

If I hadn't been anxious and wanted to take advantage of the low price early, and if I trusted you more, I would have done it myself and wouldn't have asked you to cooperate."

Lou Xiao'e thought for a moment, then nodded: "Sure, in that case, I'll wait for your good news.
Chapter completed!