Losing Money To Be A Tycoon Chapter 485
Advertisement
Chapter 485 Additional Services for Sloth Apartments
After surveying the building, Pei Qian instructed Little Sun to send Liang Qingfan back to the hotel for some rest while he returned to his office at Shenhua View. Until now, Pei Qian had already taken a lot of precautions with Sloth Apartments.
The apartment looked too fancy for those who preferred practicality.
To prevent ballers from taking a liking to the condominium, the apartments would take on a minimalistic style, so that it would not look too much like ‘garden villas’.
What’s more, Pei Qian had purchased the building and was planning to rent the apartments out. That meant no matter whether he could rent them out or not, for the next few cycles-or even tens of cycles after this; he would not get to recover his capital.
The soft renovations for each apartment would cost about 3.5 million yuan. If he fixed rent at eight or nine thousand yuan per month, even if people consistently rented the apartments, after accounting for expenses like cleaning and maintenance; he still wouldn’t be able to do so.
Based on what Pei Qian could remember, the price-to-rent ratio in the country had always been unimpressive. Many people liked buying houses because of the advantages like registered residence, schools in the vicinity, and the potential for property prices to rise. Of course, houses could retain their value well and were even likely to increase in value. Still, as long as Pei Qian refused to sell the apartments, he would not be able to cash out.
To Pei Qian, the fact that the condominium could appreciate in value was not a good thing. Still, no matter how much its value appreciated, the System would only include ten percent of the total value of fixed assets into the System Funds. Pei Qian just had to prevent himself from being greedy and keep the total value of his fixed assets less than half of the starting sum in the System Funds. Then, he could limit the impact of the value of his fixed assets.
Thus, whether Sloth Apartments succeeded or not and whether it became popular or not, Pei Qian thought that the project was worth investing in. Obviously, it would be best if it did not become popular. That way, he would incur over a hundred thousand yuan less in rent each month.
To Pei Qian, all of those things combined were not enough. He still had to think of a way to dissuade the target audience-young people who liked to act like yuppies—from renting the apartments.
He had one simple method: increase the prices aggressively.
At the moment, an apartment like that would reasonably cost about six thousand yuan per month to rent based on market standards. If it was split among four to six people, each would only be paying about a thousand yuan.
That was slightly higher compared to the average rent in the market. However, considering the exquisite renovations and the fact that the apartment would be fully-furnished, that price was reasonable.
That meant that if Pei Qian priced the rent at six thousand yuan, many people from the huge city of Jingzhou would be attracted.
At the same time, the System restricted Pei Qian from setting a price outside of an acceptable range and too far from reasonable standards. If he insisted on raising the price, he would have to throw in goods and services of approximately the same value, whether the customers wanted it or not.
Thus, Pei Qian decided to provide additional services to tenants of these apartments!
Advertisement
Cleaning: cleaning services would be provided for all of the units in Sloth Apartments. Tenants could reject the cleaning services, but they would still have to pay.
Pei Qian would hire a fixed number of cleaners to conduct a minor cleaning every three days and a full cleaning every week. It would be just like hotel services.
A butler: every building would have a dedicated butler, who would be prepared to handle all problems. The butler would also hold all the information about various tenants and prevent all unauthorized personnel from entering. He would also work hard to protect the tenants’ rights.
If something was wrong with the house, the manager could use Sloth Apartments’ funds to conduct repair and maintenance. Boss Pei would be very happy.
Regular upgrading: every now and then, the smart facilities would be upgraded. For instance, the smart appliances would be upgraded; the newest gaming facilities would be installed; and tenants would get the newest games and accounts for the newest video websites.
Of course, all of those things would belong to Sloth Apartments. The tenants would have no right to take them away.
After adding all of those things, Pei Qian would try asking the System if the entire packageincluding rent-could be set at nine thousand
yuan!
The apartments had five rooms. One of the rooms was slightly smaller and was not suitable for anyone to sleep in. Thus, Pei Qian intended to turn it into a study.
That way, the apartment would only have four bedrooms. Assuming that there were thirty days in a month, the daily rent of every room would be about eighty yuan. Although that would be cheaper than most high-end hotels in Jingzhou, it would already be more expensive than 99% of the rooms available for rent in the city.
That meant that, if he rented the apartments out short-term, the price-quality ratio would still be pegged at a certain standard.
However, Pei Qian still had a final trick on top of that.
He would not allow co-renting or short-term tenancy! They would only accept entire tenancies. Every tenant and visitor’s details would have to be registered with the butler.
They could pay rent monthly, and they would not have to pay a deposit. However, there would only be six-month and one-year contracts. They had to finish the entire term of the contract.
They could change their minds within a fixed period in the beginning without having to pay a penalty. The remainder of their rent would also be refunded back to them. However, the tenants would not be allowed to rent any other apartment in Sloth Apartments for a year after that.
That way, those who wanted to treat Sloth Apartments like a hotel would think twice before doing so.
According to the income levels in Jingzhou at the moment, those who would be able to afford to rent an apartment in Sloth Apartments had to be very rich. However, if rich people could afford to buy apartments, why would they have to rent them?
As for ordinary working adults, perhaps only Tengda’s employees would be able to afford an apartment in the condominium. Yet, would Tengda’s employees be allowed to pay for an apartment in Sloth Apartments? Of course not! Pei Qian considered prohibiting Tengda’s employees from renting units in Sloth Apartments in the beginning. Once he was sure that Sloth Apartments could not generate profits, he would build more buildings and arrange for Tengda’s employees to move in. Then, they would be allowed to use their employee benefits to pay for the rent.
Advertisement
That would allow Pei Qian to kill two birds with one stone!
Of course, the System limited Pei Qian to converting only a small portion of Sloth Apartments’ units into employee accommodations. That was probably to ensure that the project’s character remained roughly the same and that it had a chance of generating profits.
However, Pei Qian would only have to build enough Sloth Apartments to accommodate all of his employees.
Then, a small portion of the apartments would be used for employee accommodations while the remaining would be left unrented. Wouldn’t Pei Qian surely incur losses, then?
Lastly, Pei Qian had to select someone to head the Sloth Apartments project.
Before this, he had selected employees from the other departments to head the new projects. This time, Pei Qian decided to go down a different path.
It did not seem like a bad idea to make Liang Qingfan, the architect, in charge of Sloth Apartments.
Of course, he was still an employee of Gaoling Construction and Design at the moment. However, Pei Qian firmly believed that-as long as he wielded his hammer correctly–he would be able to crack the wall.
It seemed unfitting to make a young architect in charge of managing a condominium, right?
Still, Pei Qian had to consider carefully whether he would ultimately poach him or not. If Sloth Apartments developed exactly as Pei Qian imagined and Liang Qingfan obeyed Pei Qian throughout the process without showing any talent in management or sales, then Pei Qian could think about poaching him.
April 14th, Thursday…
At Deposit Fitness… The trainers were either sitting or standing in the resting area. Obviously, they were at a loss as to what to do.
There were a total of twenty trainersfourteen males and six females. All of them had passed Guo Licheng’s analysis and tests and were ultimately hired.
Jingzhou’s fitness industry was not big, and Guo Licheng had a couple of friends. After introductions, Guo Licheng had briefly explained Deposit Fitness’s payment structure. At once, he had gathered this group of employees.
Guo Licheng had followed Boss Pei’s instructions carefully as he selected those employees. He had chosen trainers who seemed excessively professional. All of them were honest people who did not like making sales, just like Guo Licheng.
“Boss Ye, shouldn’t we be distributing flyers or something?” A well-shaped and sweet-looking female trainer asked.
The female trainer’s name was Li Yaling. For now, one could only see part of her appearance. Once she took off her jacket, one would be able to see her bulging biceps and four distinct pecs at her abdominal area. They seemed to be saying ‘you could die with just one punch from me’.
Other trainers turned to face Guo Licheng, waiting for him to make the call.
Guo Licheng nodded. “The boss says we don’t have to do anything. We just have to wait for customers to visit our gym.”
Li Yaling sighed softly. “Can we trust the boss? Which gym in the country doesn’t distribute flyers, sell memberships, or sell training sessions? “Everyone’s doing the same thing. We might be reluctant, but we still have to suck it up and work. I think that, no matter what the boss says, we should take the initiative to do some work.”
Guo Licheng hesitated for a moment but quickly made up his mind. “No, Boss Pei seems different from other bosses.”
Li Yaling was frustrated. “The bosses only look different on the surface. Some are strict, some are easy-going, and some look approachable. However, they’re all the same inside. They all want their employees to take the initiative and work.
“We don’t have to sell memberships here, and we’re being treated much better than in other gyms. We can’t just sit around and wait. That’ll be inappropriate.”
ners
Guo Licheng shook his head, insistent. “So what if we distribute flyers and rope customers in? Just think about our gym’s membership system.
“They have to come for a certain number of times each week. What’s more, the package comes with fitness meals.
“Even if we distribute flyers, how many people would sign up for such a strict plan?”
Li Yaling was stumped. “Well… what should we do, then?”
Guo Licheng scanned the group of trainers and said, “If we can’t tell what the boss is trying to do, we should just follow his instructions closely. Boss Pei must have his own reasons for giving these instructions. We aren’t good at sales to begin with, and so we shouldn’t blindly interfere.
“At the end of the day, we shouldn’t overthink. If Boss Pei finds fault with us, I will bear all the consequences.
“We don’t have any customers now. Everyone, go and warm up. This gym is filled with good equipment. Let’s not waste them.
“Remember to try out the fitness meals as well.”
Since there were no customers in the gym, the trainers had nothing to do. Thus, they split up and warmed up.
All the fitness equipment had just been purchased. They were not the most expensive, but they were from world-standard, top-grade, commercial fitness equipment brands. They were long-lasting, modern, and ergonomically updated. At the moment, such equipment could only be found in very few gyms in high-end hotels. Ordinarily, people would not get to try them out.
Guo Licheng had also ordered uniforms for all of the trainers. They were bright yellow and very eye-catching.
At the same time, someone from a Fish-Catching Take-Out branch nearby had been put in charge of delivering fitness meals to the gym regularly. However, since there were no customers in the gym yet, fitness meals were only being delivered to the trainers.
For now, the Gourmet Laboratory was still not complete. The chefs at Fish-Catching Take-Out were coming up with a trial for the fitness meals by using less oil and less salt. Still, there was a lot of room for improvement.
Guo Licheng planned to get his trainers to try the meals out first. They could raise any suggestions or feedback, and the chefs at Fish-Catching Take-Out could continue to work on them.
At noon, the delivery man from Fish-Catching Take-Out arrived.
Guo Licheng and a few other trainers laid the fitness meals out in the resting area and then waited for everyone to gather and have lunch together. The gym’s resting area had not been big at first. It had only been meant for selling membership and lessons before.
However, to accommodate customers’ mealtime needs, Guo Licheng had re-designed the resting area and expanded it. He had also purchased a couple of high-end tables and chairs, so that customers could take turns to eat.
Guo Licheng was just about to gather the trainers for lunch when he saw a familiar figure entering the gym. Boss Pei was here!
Guo Licheng immediately went up to welcome him.
Upon entering, Pei Qian looked around the gym. Some trainers were preparing to eat lunch, and others were working out with the equipment. There was not a single customer in the gym, and none of the trainers had gone out to distribute flyers.
Hmm…
It was a very satisfying sight!
Advertisement
- In Serial84 Chapters
Midara: Requiem
"When the alternative is extinction, all acts, no matter how heinous, are permitted." The story of a little necromancer who only wants to play with abominations against all that is holy dollies and her horsey, Mister Clackybones. Welcome to the novelization of one script I designed for a video game setting I call Midara (I selected the name of a genus of moths for symbolism purposes, not to be confused with anything else). Once upon a time, I dreamed of the setting being the next Final Fantasy. Long story short: Nope. Requiem itself is meant to be an Open-World RPG which adapts to the choices of the player. This is just one of many, many paths that one might follow in Requiem's gameplay, if it ever becomes a game.
8 108 - In Serial16 Chapters
Bloodline plunder
A college student got summoned to world call eratria where strong bloodline rule dragon, titan, mermaid and many powerful races the stronger the bloodline the easier to cultivate dragon can reach legend level while sleeping demon reach legend just by killing. In this world, mc got the power to plunder the bloodline and make his own watch him plunder the most powerful races and become the lord of the universe. Author note: hey guys, please read my work and tell me what you like what you didn't I will try to write and upload chapter as soon as possible thank you. The cover is not mine.
8 188 - In Serial12 Chapters
Curious Tales: Assorted Fantastical Fiction
These are a collection of my short stories which don't feature gender bending front and center but do involve horrors, fantastical delights, and weird surprises. They may involve something as simple as a house on a swamp overlooking the dreams of the past or a byzantine battle between time travelers for what they see as the "right" timeline. And be as shiver-inducing as being locked in a school at night with disembodied shadows or as sweet as an old stuffed animal with a special secret.
8 129 - In Serial216 Chapters
Contract Summoner [Revised]
Earth. The planet many of us call home. Here we live our lives as normal as possible. For Mathew McGonald, he too, calls this place home. He currently lives life as a divorce attorney, and is content with his life. One day, Mathew was leaving his office, a successful squabble ended, and his client kept most of his possessions from his ex-wife. When he went to step into the hallway, instead he ended up in a gray void with a blue box hovering in front of him. Earth now converted by an entity known as The System must now defend its self from portals that lead to other worldly areas known as Dungeons. Follow his journey as he not only learns how his new reality works, but how to be at the top of it all. Posted every Monday, Wensday, and Friday. Join the Discord!+Notable Tags+Profanity: People curse all the time. Rarely at each other or in a deragitory manner. Tramatizing Content: The MC is not a nice guy. He isn't your classic 'White Knight' who will defeat the 'bad guys' and save the day. Your normal views of the way the world should work are not the same for him. Expect ruthlessness, backstabbing, lies, dishonorable actions, and so much more that makes this story realistic and great.Urban Fantasy: While modern technology exists, along with space crafts and other soft sci-fi tropes, they are not key elements, nor will they be gone over in high details. This story is primarily magic/fantasy.Soft Sci-Fi: Read above. This story is a revised version of the previous story I wrote here on Royal Road. It's been almost a year since I published it and have worked on fixing it to become a better story that I am proud of. Edited as of 30JUL2022
8 273 - In Serial94 Chapters
Eoum: The Tenth Summon
They were called to a world. They had forcibly answered. Each and every one of them had a great destiny that they were denied by others or themselves. They had tasted the climax of their despair in life. Now they stood upon the ground of a new world for a new life. Through the eyes and the thoughts of a single human, This is the story of twenty-four beings from different worlds. This is the story of the Tenth Summon. Update on every start of the weekend or at least on the weekend.
8 159 - In Serial42 Chapters
Smile For Me || Niall Horan
Alexis Blake has spent years of her life smiling through the pain and struggling to make money with only her brother and little sister left. When she gets a big assignment for a One Direction photo shoot at her photography job she didn't know her life would change big time. Instantly bonding with a certain blonde irish boy has it's benefits, but will she be able to love anyone again after her rocky past?
8 200

