When the owner of the barbecue restaurant accidentally mentioned that the inconspicuous old woman was actually the landlord here, Jin Zailong couldn't help but sigh, she really can't tell the difference between a person and her appearance.

It is such an enviable thing to be able to own a shop in Itaewon, where land is extremely valuable.

Not to mention anything else, Kim Jae-yong has bought so many foreclosure houses that, based on rough calculation, one month's rent may not even be enough for a fraction of the price here.

Probably seeing Jin Zailong's surprised look, the boss touched him carefully, then lowered his voice and reminded:

"Hey, young man! You can get the attention of the most famous housekeeper in Itaewon, so seize the opportunity!"

"What...you mean she's very famous in this area?"

"I don't know if she is famous or not, but there are many stores here owned by him. She is a super rich person!"

Probably noticing that Jin Zailong was standing there and not following him, the old woman stopped and turned around, waving to him.

Upon seeing this, Jin Zailong hurriedly followed.

I didn't expect that an old woman who collects information outside the courthouse could be such a powerful and wealthy person.

At this time, Jin Zailong had restrained his tendency to look down on the other party, and planned to work hard to learn from the other party how to buy real estate that could bet on urban renewal.

To be honest, I keep those semi-basements in my hands and rely on the tenants' rent to repay the bank loans every month. Although it sounds like I have a lot of real estate on my hands, it is difficult to cash it out. After all, the semi-basements are

The things you grow are rented to the poor. The rent can't be too expensive, and it's not very profitable!

Therefore, in the market, this kind of house is generally not easy to sell! Even if it is sold, most of them are bought by people who do not have enough money to live in it.

If this is the case, unless the price of real estate rises sharply, don't even think about how much money you can make by speculating on these properties?

What Kim Jae-yong really wants to know is when will the Hancheng City Government announce the announcement? And in which area will it be announced?

Once the administrative order of urban renewal is issued, the government will buy the land from the owner at a high price, and then Kim Jae-ryong's humble semi-basement can be resold to the government to make a profit!

Sometimes with good luck, it can even double several times! This is much better than relying on rental income!

The old woman wanted to eat meat, so Kim Jae-yong ordered the most expensive Korean beef without any care.

Probably because the old man saw that Kim Jae-ryong was more sophisticated, he ignored An Dongbin's eyes and said as if educating his grandson while eating barbecue:

"Hey...you guy, when you don't know anything about real estate, you have to look more and move less. How can anyone buy a haunted house? Don't you want to look at it in advance before collecting information?"

It seemed that even the old lady knew about his purchase of the haunted house. Jin Zailong felt a little embarrassed when he heard the other party's lesson. So he quickly explained!

"I thought the court had cleared it for us. Who would have thought that the original homeowner was so tough that he would hang himself in his own house! But, old man, you stay in front of the court every day. You have no idea how to acquire the law.

You should have great experience in auctioning houses!”

"Ah... sure! You want me to teach you how to buy a house that can be used for urban renewal, right?"

"Forehead……"

"I've seen your operation! The first house I bought was near Hannam-dong. Haha, do you think that's why there has been no movement in that area next to the chaebol for so many years? People there all hope that they can buy their own property.

How can the government demolish the houses there when the houses are sold at sky-high prices? Moreover, even if they are demolished, the compensation each household receives is not even enough to buy a new apartment. What’s the value of buying a house like that?”

"ah!"

After hearing the other party's advice, Jin Zailong suddenly realized that his previous acquisition idea was a failure.

Indeed, the first semi-basement he bought was located near Hannam-dong, a residential area populated by chaebols in Gangnam-gu. His semi-basement was located in a nearby old town, which could not even be used for 20 minutes on foot.

Jin Zailong thought he had found a treasure, but when he heard the old woman's reminder, he suddenly realized that he had made a mistake.

Aren't these houses similar to those in the alleys within the second ring road of the imperial capital?

Although the price is sky-high, because the living area of ​​each family is very small, on average, even if the house is demolished, the money earned is basically not enough to buy a new house.

As a result, over the years, housing prices in the imperial capital have skyrocketed, while those ancient residential houses within the Second Ring Road are in a state of pricelessness and lack of marketability.

The problem is that domestic housing still has the concept of school district housing, but here in country H, the best schools are private and do not care about household registration. As long as you can afford the money or your child is smart, you can attend.

Without the housing in the school district, how can this pile of broken bricks and tiles be sold for such a high price?

And because the cost of demolition is too high, even if the government wants to, it probably doesn't have the financial resources.

"Then... old lady! How should I buy a house that I want more?"

"Haha, of course I know this, but why should I tell you?"

"Ah...you old woman, you are really..."

A nice celebratory dinner was disturbed by an uninvited guest. Fatty An was furious when he saw Kim Jae-yong and secretly winked at him.

After all, Fatty An had been the boss, and he knew how to express his emotions, so he swallowed back the curse words he was about to blurt out.

The old woman, at this time, was still eating barbecue, looking like she was at home.

Jin Zailong knew that this old woman had deliberately approached him, probably because she had taken a fancy to the pamphlet he had made.

So he tentatively said:

"Grandma! I still don't know what to call you?"

"My surname is Pei, just call me Grandma Pei!"

"Well, I don't know if it's convenient. I want to learn from you as a teacher and learn how to buy houses with higher hopes of urban renewal!"

"Hey! Why should I teach you?"

"That... because I think the real estate industry in Hancheng is about to usher in a big development, and housing prices will soon rise sharply, so I think there will be big opportunities in the future, if we can seize it..."

"Haha! If you can only say these beautiful words! I won't teach you for no reason!"

"Um... Actually, I want to use your knowledge in real estate to help more people buy suitable houses! In this way, we can make far more money than the appreciation of the house! Do you still have this answer?

satisfied?"

Hearing Jin Zailong's words, Grandma Pei suddenly put down her chopsticks and looked at him with a smile.

"If I can make more money, of course I'm interested!"


Chapter completed!