Alpha Book

My advice is this. Buy
this house, go into partnership with the unemployed architect, agreeing
to give him a share of the profits, finish the building and sell it as
soon as it is habitable. In six months you will get a handsome return."
"That sounds very tempting," answered Orsino, "but it would need more
capital than I have."
"Not at all, not at all. It is a mere question of taking over a mortgage
and paying stamp duty."
"And how about the difference in ready money, which ought to go to the
present owners?"
"I see that you are already beginning to understand the principles of
business," said Del Ferice, with an encouraging smile. "But in this case
the owners are glad to get rid of the house on any terms by which they
lose nothing, for they are in mortal fear of being ruined by it, as they
probably will be if they hold on to it."
"Then why should I not lose, if I take it?"
"That is just the difference. The heirs are a number of incapable
persons of the lower class, who do not understand these matters.


Pages:
306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330