Chapter 75 Buying a House
Returning to the county town, Ge Dongxu did not go straight back to Cheng Yazhou's home, but made another trip to Jiang Family Village.
Since he had only given his parents fifty thousand yuan, Ge Dongxu now had a balance of one hundred and twenty thousand in his account; he thought about buying another house in Jiang Family Village so he could move out of Cheng Yazhou's house as soon as possible.
After circling the village a few times, Ge Dongxu took a liking to a house on the eastern side of the village. It was an old house connected to three others, its walls even slanted due to typhoon damage, to the point that it could be considered a dangerous building.
Behind this row of four houses were a small bamboo grove, a vegetable garden, and a winding river, with visible hills further away. In front was a shared courtyard belonging to the four households.
This arrangement, where four families shared a courtyard in the front and a vegetable garden in the back, was very common in the rural areas of Changxi County. Moreover, often times, the houses connected to each other were inhabited by siblings and their parents.
Ge Dongxu, being young, was not well-suited to negotiate the purchase of a house, and since all four houses were vacant with no one living in them, he just walked around the property a few times and felt that the house was the place in the area with the most abundant spiritual energy. If he could properly renovate and arrange it, his cultivation speed would surely increase significantly.
After taking a fancy to the house, Ge Dongxu returned to Cheng Yazhou's home and mentioned to him his desire to buy a house.
Cheng Yazhou was startled at first, seeing as Ge Dongxu had just bought a factory building yesterday and now wanted to buy a house. Naturally, he felt obliged to advise Ge Dongxu, but seeing that Ge Dongxu was insistent on buying, Cheng Yazhou could do nothing but agree to help him negotiate with Director Jiang and the homeowners next week.
Cheng Yazhou was quite efficient in handling matters, and by Monday, he had clarified the situation with the house for Ge Dongxu. He found out that the row of four houses belonged to two brothers from the village. Now, the two brothers and their families were permanently doing business out of town, leaving the four houses vacant, and unsuitable for living in due to typhoon damage from the previous two years. Since the brothers had settled their businesses out of town and were not planning to return to Jiang Family Village, they had no intention to reinforce or rebuild the houses. Today, Cheng Yazhou had already obtained the brothers' phone numbers through Director Jiang and specifically called to inquire if they were willing to sell.
Since it was an old and dangerous building, and the brothers had no plans to return, upon Cheng Yazhou's inquiry, they hardly hesitated before agreeing to sell. They offered five thousand yuan for each house, but if he bought all four together, they would sell them to him for eighteen thousand yuan.
Hearing that it would only cost eighteen thousand yuan, Ge Dongxu almost didn't need to think before he asked Cheng Yazhou to help him buy all four at once.
"Dongxu, your uncle has also carefully inspected the house for you. The houses are all old and dangerous, and even if you buy them, major reconstruction would be required before they are livable. Actually, only the foundations are worth a little money; it's not worth spending this amount," Cheng Yazhou said, unable to resist advising when he saw that Ge Dongxu wanted to buy all four houses together.
"It's okay, Uncle. I just quite like the bamboo grove and river in the backyard, and if the house is properly renovated and decorated, it will certainly be very comfortable to live in. Besides, it's just eighteen thousand yuan. Even if I just leave it for now, it's no big deal," Ge Dongxu said with a smile. Naturally, he couldn't tell Cheng Yazhou that the place had the best spiritual energy in the village and was the most suitable spot for his cultivation.
"You, you, let's leave it at that. You have your own ideas, and if you want to buy it, then buy it," Cheng Yazhou said, seeing that Ge Dongxu didn't take eighteen thousand yuan seriously. He wanted to reprimand him, but then he remembered that Ge Dongxu was only sixteen years old with a net worth of nearly a million and possessed skilled medical knowledge. Eighteen thousand yuan really wasn't much after all, so he refrained from saying more.
So, during that week, in addition to attending regular classes, Ge Dongxu also took the time to complete the procedures for buying the factory building and the four houses.
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With these developments, the sixteen-year-old boy now had a factory building, four dilapidated houses, and a thirty-seven point five percent share in an about-to-be-registered anti-counterfeit laser trademark factory.
Since it was necessary to reserve some funds for emergencies, and the anti-counterfeit laser trademark factory had not started production, and its prospects were not one hundred percent guaranteed to make money, and as refurbishing or rebuilding the four dilapidated houses would require a substantial amount of money, Ge Dongxu decided not to rush into renovating them. He planned to wait until the anti-counterfeit laser trademark factory's prospects became clear before starting to invest in remodeling the four houses.
...
Time quickly moved into December.
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The weather turned cold, but Cheng Yazhou, Wu Qianjin, and Ge Dongxu were all burning with enthusiasm.
Because Changxi County's Yaxu Trademark Factory had not only officially been established and started production but also received its first order.n/ô/vel/b//jn dot c//om
Just as Cheng Yazhou had predicted, laser anti-counterfeit trademarks were the trend, and there were still very few factories equipped with such machinery at the time. So although the initial investment was significant, the scarcity of production facilities and less competition meant that the profits were particularly substantial.
For instance, the cost of producing an anti-counterfeit laser plate was estimated to be around 300 to 400 yuan each at that time, but it required an expenditure of two to three thousand yuan per plate, which indicates how lucrative the profits were, not to mention that the value of money back then was much greater than now. As for the actual trademark products, they were priced based on size, costing around six to seven cents per square centimeter, with the profit margin being over fifty percent. However, at that time, the profit mainly came from the plates' production unless the client needed a large number of trademarks printed.
Therefore, factoring this in, the first order for the Yaxu Trademark Factory came with nearly three thousand yuan in profit, an absolute fortune. Practically, if they collected just a portion of the deposit from clients, they could cover all costs, with the remainder being pure profit.
Of course, such enormous profits were not sustainable in the long term and were sure to decrease gradually, something which Cheng Yazhou and his peers were well aware of. However, even if such high profits could last only a year or two, it would be quite extraordinary. The real fear was that it wouldn't even last a year.
However, at that time, an investment of one to one and a half million yuan was still a significant amount. Even if some people recognized the business opportunity, without seeing the massive profits actually being made, they might not have the capital or the courage to invest, which led Cheng Yazhou to believe that the high profits could be sustained for at least a year before they would start to decline gradually. But with a year's time, Cheng Yazhou and Wu Qianjin optimistically estimated that they should be able to recoup the initial investment, and after that, real profit would begin to roll in.
Ge Dongxu's excitement, aside from the official start of production at Yaxu Trademark Factory and the beginning of revenue generation which presented a bright future, also stemmed from today being the day he finally began the formal construction of the Spirit Gathering Array Jade Talisman.
Prior to this, he had spent almost a month and a half in preparation. Aside from getting his True Qi in the best condition, he also needed to repeatedly practice drawing the Taiyin Spirit Gathering Formation Talismans to ensure that he became skilled enough so that he wouldn't fail when drawing on jade due to lack of proficiency.
If he failed due to inexperience, Ge Dongxu would never forgive himself because a piece of jade cost nearly two thousand yuan!
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