Real Estate Evergreen In HK

08 Feb 2013

While in the US the way to riches is high-tech start-up, it is real estate in Hong Kong that is evergreen.  This speculation has been amply proved by an indirect victim of 9/11 as he lost his job in the subsequent Wall Street crash. On return to his homeland, Edwin Lee used his skills of speculation to good use in Hong Kong. He determined it was real estate that held promise. Lee started a start-up Bridgeway Business Builder and Broker and developed it as a mass incubation machine. Once a profitable business is born, he helps it to find a new home (real estate).  In his business model, businesses that can pay back their investment within 20 to 36 months are preferred.  ”If the business is making $50,000 (Hong Kong) in profit each month, it is usually sold for $1,000,000 to $1,800,000. A year’s training is also provided to the buyers to take over the business.

Lee, who was born in Hong Kong in 1975, earned bachelor in finance and master in accounting from the University of Southern California. After returning here, he got a doctorate from Hong Kong Polytechnic University in 2011. In 2 years, he earned reputation as incubator for start ups.