Trump Strategies for Real Estate: Billionaire Lessons for by George Ross, Andrew James McLean, Donald J. Trump

By George Ross, Andrew James McLean, Donald J. Trump

This can be the 1st publication on Trump for the intense actual property investor. It explains the elemental concepts Trump has used to make his actual property fortune, and the way any investor can practice them to offers huge and small.In Trump: easy methods to Get wealthy and his earlier books, in addition to the approaching imagine Like a Billionaire, Trump touches on actual property funding - yet those books are way more thinking about basic enterprise and existence good fortune. for example, Publisher's Weekly says the subsequent approximately how you can Get wealthy: "Trump tells all - in regards to the classes discovered from The Apprentice, his genuine property empire, his place as head of the 20,000-member Trump association, and his most vital position, as a father who has effectively taught his young children the worth of cash and difficult paintings. Ross's e-book will concentration completely on genuine property, with nuts-and-bolts information that has now not characterised any Trump publication considering the fact that artwork of the Deal.The publication will relate a few of the extra complicated and engaging transactions performed by way of Donald Trump and different genuine property moguls spanning the author's 50-year occupation as legal professional for the giants within the undefined. it's going to provide particular and actionable innovations to the mid-level actual property investor, gleaned from Trump's suggestions, to take his/her portfolio to the following point. overlaying such issues as opting for capability houses, advertising and marketing, financing, administration and negotiation, the e-book will define find out how to do it like Trump from begin to end - from the quest for investments to final the deal, and beyond.The publication can also be humorous, own, and full of life, drawing on tales of Trump's grandest bargains and the tradition of his association.

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To spearhead a luxury hotel deal in the heart of Manhattan, a pinstripe suit and silk tie are the safest bet. But because appearance communicates adaptability as well as respectability, Trump knows that khakis and a polo shirt are appropriate for golf course negotiations, or a hard hat for on-site construction projects. Your dress should be chosen to give people confidence that you can do what you say you’re going to do. Think about the people whose help you need to make your investment successful.

If it’s not a place you would feel comfortable, I suggest you pass. 36 THINK BIG PRINCIPLE 4: CREATIVE PROBLEM SOLVING LEADS TO BIG PROFITS In my 20 years of representing major estate developers before I met Donald Trump I earned my reputation as a problem solver, and it’s one of the reasons he hired me. ” In fact, Donald and I both tend to view things that are considered “impossible” by other experts, as simply taking longer. This is what happened on the Commodore Hotel deal I described in Chapter 1, and this common perspective has been one of the foundations of our work together.

Onassis would lease the top floor. Riklis would lease the floor below. Then Onassis would lease the next lower floor until the each had the amount of space they wanted. It was a cumbersome solution but they bought it and Arthur Cohen’s vision became reality. This is the kind of creative problem solving successful real estate investors need to learn to do. As it turned out, the project needed more creative approaches to challenges and opportunities that arose. Olympic Tower was the first mixed-use building of its type in New York City.

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