Chapter 1420 - Select Tenants (1/2)
Chapter 1420: Select Tenants
Translator: Nyoi-Bo Studio <i class="_hr">Editor: Nyoi-Bo Studio
Looking at the expectant faces of the little ones, Sophie said angrily, “They are looking for you, why did you push the to fil opportunities for you, and besides, I have other things to do, and I aeration After reviewing the properties, Lu Guan compiled a summary of them and said, “Boss, these two houses are thefor it, so it may have a low price”
Li Du looked at the files and saw that both estates were in satellite towns rather than don Los Angeles
In addition to being California’s largest city, Los Angeles also had a wider e combined area across five counties in southern California, which covered several satellite cities
One of the estates was in Santa Monica, a seles It was a short distance, only 30 kilometers, or 20 minutes by car
Also, Beverly Hills, where Li Du and Sophie went yesterday, was located just outside the city, between Santa Monica and don Los Angeles
Li Du looked at the o, had nearly a century of history, and the grounds covered an area of twenty thousand square meters, which was equivalent to thirty acres!
On the plot, there were two villas, a sarden, a small church, and several trees and meadows
It could be seen from the photos that the manor ell protected The house was decorated in an old-fashi+oned way but was in relatively good condition In other words, no one has lived there for a long ti in it There could be many little animals in the bushes
There was no specific offer in the information, only one notice: the estate will be auctioned on July 20 this year If you are interested, please go to the Santa Monica housing and urban developn up for the auction
Li Du looked at the auction e and asked, “Is this estate up for sale? It’s like a warehouse auction, right?”
Lu Guan nodded “Yes, this is similar to the warehouse auction industry It’s called real estate bid Every now and then, the government and the banks will put up a house up for auction, and real estate dealers will often seize the opportunity to buy the house, then refurbish it and sell it for a higher price”
Li Du knew this industry, which was closely related to warehouse auction Second-hand furniture and appliances often appeared in warehouse auctions, and many of their potential buyers were the people who bid for real estate
The people of warehouse auctions were called treasure hunters, while those who bid for houses were called tenants As the na houses
Coenerally wealthier After all, a house always had considerable value While a warehouse may only be worth a few hundred dollars, a house was no less than tens of thousands or even hundreds of thousands of dollars
Therefore, tenants had enough capital Buying and selling houses was not the work of a moment, so if their flow ofrisk in this industry
Because they hadsecond-hand sales work, tenants were often full of the fun of thee collectors’
Li Du recalled the information about the tenant selection, and then looked at another estate, also in Santa Monica, which he liked Lu Guan liked this place too