Chereads / Hollywood Parallel Entertainment / Chapter 54 - 54. Trying to enter Real Estate market

Chapter 54 - 54. Trying to enter Real Estate market

When he enters the study room and seeing his father sitting in the chair smoking a cigar, he takes a seat.

Looking at his son, Ethan Greenberg inquires, "I heard you recommended a tier-three studio to Bobby and later became an executive there?"

Michael nodded and clarified: "Because I have been following the guy named Sam, So I bought the company itself that he worked with previously to produce a movie in order to learn and observe more from his works, because he cannot work with us.

Ethan sought out, "So, are you going to clash with him or otherwise? And, if yes, have you also conducted a thorough background check on him?

In many online-novels, second-generation family members often turn against the protagonists, but this is uncommon in reality.

Michael shook his head, saying, "Why would I want to fight with him when I clearly admire him?"

Ethan was astonished by his response: "But I heard you clashed with him on New Year's Eve?"

Michael's response: "I clashed with him because I was disappointed that such a talented guy is not one of our own."

Ethan agreed and dismissed the conversation by inquiring about their preparations for heading to Poland, to which Michael simply stated that everything was ready for them to take off.

Sam returned home in the evening, had a quick shower to freshen up, and headed to the kitchen to prepare a delicious meal personally.

While sitting in front of the television, he noticed security guards on alert all around the house because this is an open neighborhood where anyone might snoop.

...

After giving Pedro the power to recruit people for his security company, Sam noticed that Pedro had done an excellent job.

Sam's security company has begun operations, with approximately 30 veteran security members registered, both men and women.

Sam's phone rings, and he notices that Pedro is calling. After receiving the call and speaking for a few seconds, he hangs up, because Pedro simply asked if he was home.

Pedro arrives a minute or two later, as he just lives two residences away. After Pedro takes a seat, Sam inquires about the matter.

Pedro provides Sam a note and responds, "I have inquired about the big and secluded villas around Hollywood and Los Angeles which have good security and in this note, there are few names written on it."

A few weeks ago, Sam instructed Pedro to find the right villa area for him to relocate with his own, his entire security team, and their families.

Since staying here has many risks and it is also inconvenient for the security guard to do their job properly.

They have also purchased a 20-acre plot of barren land with hills surrounding it, which will be ideal for covering it from all sides. And that spot, which is near the Nevada-California border, will serve as both a base along with a training ground for new recruits.

They have also recruited approximately 70 freshmen, who are now training at the base.

Sebastian Pedro is the chief/general manager of the security company, and Claire has also assigned an accountant from the Sparkling studio to manage this company.

Sam is assigned approximately six security guards, while Claire is assigned four female guards.

Charles, too, had no objections to this because the guards assigned by Sam's company to Claire appeared more professional to him because they had fought in wars and returned alive.

The retired soldiers who have joined as security guards are also satisfied with their jobs, which are more rewarding and less dangerous than fighting as mercenaries on the front lines.

Sam has asked Pedro to inquire about the villa area in Beverly Hills, which was in his previously world, reserved for top actors and directors, to serve as his new place of residence.

Looking through the list, Sunset Hill stood out the most. Sam inquired, "Is this the same place where we went to the New Year's Party?" Uncle Charles' farmhouse/villa?"

Pedro nodded, confirming that this was the same location.

Sunset Hill is a mountain with three pointed angles and a gentle slope on the front that serves as an entrance. Pedro and Sam believe that this geographical location provides the best security conditions.

Sam calls his Uncle Charles to find out more about the villas there.

Charles has finished his dinner alongside Carolina and Claire. They are currently relaxing by watching television and discussing everything that has happened today.

Charles' phone vibrated, and he saw that the caller was Sam, so he accepted the call and instructed Carolina to turn down the volume on television.

On the phone, Sam asked Charles about the prices of the villas and about the villa owners, and he asked Charles to introduce them to him.

Charles nodded, indicating that he understood, and went on to explain that, "The villas on the sunset hill are mostly owned by a real-estate company named "Galaxy Real-Estate.

That company mostly leases those villas to wealthy people, very few people like him have also bought villas there" finishes Charles.

However, the current real estate market is dormant, and land prices in the United States have dropped to all-time lows which has also affected this company.

This is also why Claire discouraged Sam from purchasing the Lakeside restaurant, as it is currently the worst time to invest in land and property.

But Sam also understands that buying at the bottom, whether in the stock market or real estate, is always the wisest decision; nevertheless, it is up to the buyer to determine whether their purchase at the bottom is the true bottom or if prices will fall much further.

So Sam instructs Pedro to take Claire with him tomorrow, and they should purchase the entire Galaxy Real Estate under the name of SAM Security and service, which will not only give security to the company's developed property but also upkeep for villas.

Sam's approach is simple: purchase this Galaxy company and turn it into a subsidiary of SAM Security. This new subsidiary firm will create high-end properties for wealthy individuals while also providing comprehensive services such as security, maintenance, and other related services.

So Sam not only intends to participate in the real estate business, but he also wants to establish an ecology around his developed lands that will serve as a symbol of recognition in the real estate market.