"Fifty million? You actually invested fifty million in one go?"
Several local tycoons from Jiangcheng turned to look at Qin Li and his two companions.
They thought these three second-generation rich kids who had returned from abroad were even more foolish!
"You would have been better off investing that money with us in real estate, although it's now a sunset industry, there's still profit to be made."
They chattered all at once, looking like experts dispensing their wisdom.
"The reason those big players didn't make money is because they were caught in early malicious bidding that drove up land costs, coupled with bank loan interest and the draining duration of the construction projects."
"All we need to do is follow Mr. Wei and get insider information on land bidding prices, get the land at the lowest price, avoid loans, have enough development funds, quickly finish the buildings, and sell them off at reasonable prices for the fastest presale."