Treasure Hunt Tycoon
Chapter 1428: Win the first house (2/5)
Genius memorize the address of this site in one second: (Top Chinese), the fastest update! No ads! Compared to warehouse auctions, the auction site for real estate that is bidding for real estate is more messy, especially the continuous ringing of telephones.
The house was auctioned according to the label. The first was a city house in downtown Santa Monica.
Urban houses, also called Kangdous, are a type of house with two or more walls connected to it. They can also be called row houses. These houses are less expensive than detached houses and have a smaller area of land.
The value of American homes depends on two things: land and buildings. Buildings will become cheaper over time, and land will increase in value based on regional development and environmental changes.
This house was built at the beginning of the twentieth century and has a history of hundreds of years. This way, there are many houses in the United States, and it can live in people after repairs. It is very common for the houses to be older than the residents.
Because the house is too old, the transaction value of this house is very small. Like many old houses in the urban area, its area is quite large.
White gloves knocked on the table with a mallet and said, "Everyone is quiet and quiet. Listen to me. The auction is now officially started. If you are interested, please make a quotation earlier and the house will not wait for someone ..."
"Rules I repeat the quotation three times and the quotation again determines that the transaction volume is lower than your bank card or the cash you bring. In short, you must have a lot of money for your own money ..."
"The starting price of the house is 20,000 USD, 20,000 USD, 20,000 USD. As long as 20,000 USD, you can win a large house in the city center. Please come forward very well, 21,000 yuan for the first time ... "
Santa Monica is a resort city. Its status in California is similar to Flagstaff City in Arizona. It is a small place, but because of the environment and climate, many wealthy people buy a house here for vacation, and the price is not low.
A 150-square-foot house only costs 20,000 yuan. How can it be cheap? Even if the house has a century of history, it is a very low price.
This is the foreclosure, with low prices and large profit margins, but no one knows what the house is, or even if it can still live, so this is a big bet.
Li Du participated in the quotation: "25,000 yuan!"
The auctioneer pointed to him: "This gentleman offered 25,000 yuan, 25,000 yuan, 25,000 yuan. Is anyone willing to pay a higher price of 26,000 yuan? It is good for that gentleman to make 26,000 yuan. Let us be bolder then ... "
The price keeps rising, and the transaction price of this old house is estimated to be around 50,000 yuan.
The market price of such an old house may also be 100,000 US dollars. The tenants dare to bid because it has a good location, convenient transportation, convenient life, convenient entertainment, and convenient schooling.
Because of all the convenience, although the house itself has a small sale value due to the long completion time, it has a large lease value and a high rental return.
According to the information that Li Du has seen, the gross rental return on a house in California in the United States can generally reach 7% to 9%.
After deducting holding costs and management costs, the net return rate is still 56%, which is different from China. The rental return rate in China's leasing market may also be 23%, and the house price and rent ratio are abnormal.
For example, the villa rented by Sophie in Los Angeles has an area of about 3,000 feet, a value of about 900,000 US dollars, an annual rent of 80,000 US dollars, and a rental return rate of nearly 8%.
As Li Du expected, the price climbed step by step and soon reached 50,000 yuan.
Everyone has the same purpose. If you buy such an old house, you can clean it up and rent it out. If the house itself is not damaged badly, the rate of return will be great, and it may reach 20%!
In the auction of bidding real estate, the transaction price is particular. It determines the price range based on the estimated value of the house. Generally, if the value of the house is less than 100,000, the highest bid is 50,000, and you risk it at a high price.
If the value of the house is less than 200,000, then the highest bid is 60% of the value. At 500,000, the highest bid is 70%. At the million value, the highest bid is about 80%.
If you go up, there is no rule. People can only quote based on their own experience and luck. Houses with a million or more may make a big profit or lose a lot. Those who dare to eat such a house are wealthy.
At the time of 50,000 yuan, people's enthusiasm for quoting quickly decreased.
Someone nearby calculated: "If it is 50,000 yuan, 50,000 yuan, the annual rent is about 7,000 to 8,000 yuan, and the rate of return is 15%. But you have to pay a real estate tax of 2,000 yuan, and the grass garden maintenance fee is at least There are 500 yuan, 1,000 yuan for housing insurance and maintenance funds, thousands of vacant costs, okay! 51,000 yuan! "
"Five thousand and five thousand!" A picker followed.
The auctioneer pointed at him and said, "Does anyone have a higher price of 55,000, 55,000, or 55,000? Is anyone willing to pay a higher price, such as 56,000?"
Li Du touched his chin and said, "60,000 yuan!"
Hearing this offer ~ www.wuxiaspot.com ~ some tenants suddenly shook their heads.
"Damn, the price is a bit risky!"
"This kind of broken house costs at most 50,000 yuan, no matter how high it is, people are stupid and have more money!"
"Where did he come from? When did Santa Monica have such Chinese?"
"Treasure collector, formerly from Arizona."
"Ha, you can be generous with your shot. It turns out to be a rookie? Let him take it."
The market value of this house is 100,000 yuan. The listed 90,000 yuan can be sold quickly. The tenants are afraid to bid too much because they do not know the water circuit and decoration of the house.
Li Du didn't have this worry. He had seen it with time and space flying insects. The house was well protected, and all lines and channels could be used.
The auctioneer pointed at him and began to price: "60,000 yuan for the first time, 60,000 yuan for the first time, there is a good 60,000 yuan for the first time, the second time, the second time, so no one's words-man, 60,000 yuan for the transaction! "
Li Du smiled and nodded, raised the sign in his hand and looked at the official in charge of the auction. The next procedure was the real estate delivery, and an agent would come to help him.
The second house started to shoot. This is a detached house in the urban area. The house is very new, only ten years old, and belongs to a new house. The price of such a house is relatively high. The market price of a house of 140 square meters is 300,000 US dollars. about.
Li Du did not mix the house. Someone lived in it. It was a Mexican with children. It would be very difficult to get the house back from them.
Others also know the news. They probed the situation of the house in advance, and the final price of the house was $ 120,000. If the people inside can be successfully driven, the house has a lot of profitability, but it is difficult.
Li Du looked at the tenant who had taken down the house. He estimated that the house would be smashed in his hands. The Mexican was a lawyer and would dare to stay in the house.
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