Donald Trump Strategies For Real Estate

DONALD TRUMP BECAME a billionaire in real estate by making a
series of incredibly creative and
successful investments in New
York City properties. He is now the largest real estate developer in
New York and is widely acknowledged to be one of the most brilliant
real estate investing minds anywhere. For example, in the early
1980s, with the building of Trump Tower on 5th Avenue, he singlehandedly
created the market for high-end luxury residences in New
York City. He continued with a string of successes and in 2003, 9 of
the 10 highest selling apartments were in Trump buildingsapartments
that sold for millions of dollars each.
What can the small real estate investor learn from a billionaire
developer like Trump? After advising Trump on many of his biggest
investments over 25 years, Im convinced that small investors can
successfully use many of the same principles that earn him millions.
Its not the scale of your real estate investment project that counts.
Whether you are investing in a single-family rental, a four-unit
rental, or a multi million-dollar office building makes no difference to
the financial success of your particular project, whats important are
the real estate investing strategies used to acquire and develop the
property, and how you design and market the property to buyers or
tenants. Many of the same basic principles that work for one of
Trumps $300-million skyscrapers work just as well for smaller properties.
Anyone interested in investing in real estate can benefit from a
study of Trumps real estate investor strategies.