Rebirth 79: I opened a bank in the United States

"I want you to use the land to repay the loan, but I only want the land close to the roadside. As long as there are enough trucks passing by along the way, maybe we can make a fortune from the road."

Carter groped his clean chin, recalling the business on the highway or roadside in his previous life and said:

"Repair shops, tire repair and replacement stations, water filling stations, gas stations, convenience stores, restaurants, parking lots, etc., it seems that everything can be done. As long as there is enough demand, I will take these places and sublease them to people who want to do business here.

, it should be good.”

"This is not an easy thing to do, kid. You have a good idea, but if you want to attract people to do business on the roadside, you have to let them see that it is profitable first, right? That means you have to open a store here first.

And it has to be done very well.”

Unlike Carter, who was optimistic and bright-eyed, Exxon was somewhat dismissive of the idea.

"And the distance from Jacksonville to Atlanta is only 346 miles. It only takes about five hours to drive, and there is no need to stop at all. Even if you have to stop, you can rest in Macon. Why stop in a small place like Douglas?

What’s more, our place is just a desolate roadside.”

Compared to Orlando and Miami, the two most famous cities in Florida in the future, Jacksonville appears to be particularly low-key. Its future development will indeed not be as good as Orlando, but now, this city is the largest city in Florida.

Jacksonville is located in northern Florida, almost bordering Georgia. It is not far from Atlanta, the center of the southeastern United States. What is even more unfortunate is that Douglas is located south of Atlanta, which means that Douglas is closer to Jacksonville.

It’s so close that many vehicles don’t even have to stop here!

Carter was not surprised that Exxon was pessimistic about his idea, but he knew that when people mentioned Florida in the future, they would basically talk about Orlando and Miami. Jacksonville is not far from Atlanta, but of these two new cities, one is in central Florida.

, in the south, it’s a long way to go to Atlanta from these two cities!

But there is no need to say this at this time.

"That's the case at the moment, but I think Jacksonville's potential is limited. I've never seen Disneyland built in Orlando. In the future, I'm more optimistic about the development of central and southern Florida. The space center, tourism, Sunny Beach, etc. are not here.

Northern Florida. When the time comes, whether it is freight or passenger transport, as long as it takes the highway, it will inevitably pass through us. If there is something to attract people to stop, I think there is still some profit margin."

Carter smiled and spread his hands, preparing to go back and conduct a thorough investigation. As far as the current idea is concerned, Carter thinks it is feasible! He has even thought of the first store that attracts people to stop...

KFC!

Although KFC is a vulgar thing, it is so useful! Moreover, the earliest KFC restaurant appeared was Harlan Sanders, who ran a gas station. It was the invention of Colonel KFC when he was preparing snacks for drivers who came and went to refuel.

It is naturally suitable for operating on the roadside.

What’s even more amazing is that KFC now has many franchise stores across the United States, but Carter has never seen it here in Georgia. But when she ate at KFC before, Melis’ feedback was pretty good and she thought the fried chicken was delicious.

Very flavorful.

In this way, the idea becomes much clearer. Start with KFC. First, join a KFC restaurant and open it on the roadside. After attracting enough traffic to stop here, the nearby land will be leased to other businessmen.

Repair shops and other supporting businesses, so that you can collect rent to fill the loan hole.

The risk is that if this KFC fails to attract people to stay, then everything will be lost. But if you don't do this, what can you do? They just don't have the money to pay back, and the farm machinery can't be sold at a high price. If you do this, maybe you can use it in the future.

In addition to collecting rent payments, it can also add another source of profit to the bank. If we don't do this, we won't get any money at all.

He could sell a few agricultural machinery to barely stop his losses, but Carter felt that he might not be able to sell many units, or even all of them. Once all were sold, there would be problems with farming on the Douglas farm next year, and he and his bank would immediately be hit.

Summed up in the opposition of the people of Douglas.

Therefore, Carter could only calculate the accounts silently in his mind. Currently, the money belonging to the Black family in Black's bank was about 200,000, which was more than enough to open a KFC restaurant.

If all is lost, the funds in the bank may only be about 1.6 million, but depositors' deposits will be redeemed with 2.8 million, leaving a gap of about 1.2 million. Five years later, I will still have a loan of about 10 million to repay.

.In the fund, I invested a total of 7.5 million. If the historical records are correct, the money invested in these two funds will grow at an annual rate of return of about 30%. That is, if you put the money in the fund for five years, you will be able to

Get...

27.84 million?!

It’s not that I didn’t know, but I was shocked when I calculated it. Carter suddenly felt that he could do it again. After traveling to the present, everything that should have happened in history has basically happened. If there is no historical deviation in the profits of these two funds,

In five years, I will be able to recover more than 20 million yuan, repay the loan, and fill the hole in the bank, which is more than enough.

Although the accounts cannot be calculated like this, and there may be accidents in the process, as long as the fund's profits develop normally as in history, more than 12 million will be recovered in the third year. Carter frowned and thought about it, three years later, in 1982

, that time was the most depressed period in the United States in the 1980s, when depositors were withdrawing large amounts of money to live their lives, and that should have happened at that time.

Put it this way, this can be done! The great thing is that even if you lose a store, the land property rights are still in your hands. And the land property rights in the United States are basically permanent. Even if they are idle in the short term, you can always make some money in the future.

Thinking of this, Carter has already made 80% of the decision in his mind, and the remaining 20% ​​need to be investigated. If nothing unexpected happens, there is a high probability that this method will be followed. So, Carter said directly:

"Well, this idea came to me suddenly. I will go back and investigate first. A week later, I will organize a meeting with you and other debtors to discuss how to repay the debt. According to my idea

For example, there is a high probability that land will be used to repay the loan, and it will be land on the roadside. Do you want to think about this first and see if there is any problem?"

"No problem, land is not valuable in the first place. The land on the roadside... Although your idea is very good, I don't think it can be achieved as you expected. If it is not for commercial use, then the land on the roadside is not good land.

, the dust raised by the passing vehicles and the garbage left by the drivers have a great impact on what we grow."

To Carter's surprise, Exxon was not dissatisfied when he heard that the land would be used to repay the loan. Instead, he categorically affirmed it and looked happy to do so.

"As you can see, we farmers have nothing of value at all. If we can use land to repay the loan, it will be much easier for us. We people have nothing but a lot of land! And if you use the land to repay the loan, it will be much easier for us.

If you take it away, we can pay less tax every year, and none of us will be unhappy."

Fuck! Carter slapped his forehead and almost forgot about the tax...

In the United States, land taxes, including real estate taxes, are not paid all at once, but every year. Although the proportion is not much, once you take a lot of land and leave it unused, the amount will add up to a lot. In other words, this

The land really can't be left unused!

Thinking of this troublesome tax, Carter had no intention of sitting down. He had to act quickly...

"Okay, let's make a verbal agreement like this. A week later at nine o'clock in the morning, I will be waiting for you at Black Bank."

"I'll be there on time!"