Stanley Xu is expert in real estate development. He founded The Longwell Company. His investment strategy includes holding onto the property for about three to five years in order to give enough time to make considerable improvements and allow the property to appreciate in value over time.
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Stanley xu - founder and ceo of longwell company
1. Stanley Xu: Founder and
CEO of Longwell Company
Stanley Xu is from Dalian City, China. He moved to the United States to pursue a
career in business, particularly real estate. After earning a cascade of academic
degrees, including a Bachelor’s of Science and a Master’s of Science from Beijing
University of Aeronautics and Astronautics, and a Ph.D. from Oklahoma State
University. He moved to Bellevue, Washington, just east of Seattle, where he serves
as an Overseas Chinese Leader. There, with his wife, Nanling Chen, he founded
Longwell Company, a real estate development firm focused on improving
apartment units and buildings in the Seattle area.
Stanley Xu has built a winning strategy for buying apartment properties and
turning them over for profit. He buys C or B-minus class properties and improves
them thoughtfully. While some buildings suffer from disrepair, Xu pours
investment money into the upkeep and repair of his buildings, improving the
quality of life for the residents.
He then sells the property
relatively quickly for a high
profit.
2. Stanley Xu: Excellent Services
When Stanley Xu moved from Dalian City, China to Bellevue, Washington, just
east of Seattle, he wanted to try a new business strategy—one that actually
catered to customers instead of the bottom line, investors, and profits.
Xu not only improves the physical buildings he buys, he improves the property
management services, so that residents can enjoy better property management
services. The improvement in management services also means that the property
will be better cared for and more valuable in the long run to Xu when he sells the
property. Stanley Xu ensures that everyone wins when he makes an investment in
any property in the Seattle area.
3. Stanley Xu: Operating Longwell
Since 1992
Stanley Xu founded Longwell Company in 1992
in Bellevue, Washington, an affluent town just
east of Seattle. Xu jumped into the real estate
market at just the right time in Washington,
when everyone could seemingly afford to invest
in real estate. Since then, however, Xu still
operates his business the same way as in the ‘90s,
even through one of the worst real estate
downturns in recent memory.
Xu kept reinvesting in his properties, raising
their value and improving the lives of the
residents that lived in his estates. Xu’s tactics
are unusual for real estate developers. He is
known for pouring funds into the property
management improvements, as well as
structural ones, and for keeping his residents
and investors happy.
4. Stanley Xu: Quality Management
Stanley Xu created the private
real estate investment and
management firm Longwell
Company in 1992 because he
thought he could manage
property better than most of the
other property management
companies he saw in Bellevue,
Washington a small city just east
of Seattle. He also thought he
could invest smarter and get the
right properties for the right
price. Xu upgrades his
properties, raising the standard
of living for the residents of those
properties, and then sells them
with their added value for a
profit.