Automated Investing

Donald Trump: The Secret to Success in Real Estate investing



Mr. Donald Trump has shared many business secrets after his successes which are written into books.  Of these, there are two secrets that he is most interested in.

AD2

Table of Contents
[]
  • 1- Long-term strategic vision
  • 2- Ready to pay high price
Mr. Donald Trump has shared many business secrets after his successes which are written into books.  Of these, there are two secrets that he is most interested in.

1- Long-term strategic vision

He said: "Business begins when you have a vision. Without a vision, you can't do anything. Remember that obstacles are the door to success and never back down in the face of any difficulty.”

Donald Trump's success chain increases with his age and the later, the greater the success.  Not only stopping at the domestic real estate market, Donald Trump continues to assert his name in the world real estate market such as Korea, India, and Saudi Arabia.  Most of the major economic centers of the US are in turn attended by Donald Trump with luxurious buildings.

Mr. Trump said that in countless difficulties, there are always great opportunities.  And this made him successful.

Donald Trump: The Secret to Success in Real Estate investing

In Donald Trump's view, the success in the real estate field is not determined by the size of the investment, whether it is small apartments, small-scale condominiums or villas and hundreds of millions of dollars buildings.  The core issue is how to have an investment strategy to own the bidding package, develop, design and marketing to improve its quality to serve the needs of users well.  And the important thing is, the bigger the investment, the higher the return.

2- Ready to pay high price

In the book "Trump Strategies for Real Estate" by George H. Ross and Andrew James McLean, a senior adviser to the Trump Organization, Trump thinks the principle of location do not must always be right.  Most importantly, enhancing the value of any location means using vision and creativity to change the value of real estate, providing better investment opportunities.  Like Warren Buffet with the famous saying "Invest in good real estate at high prices, not buy average real estate at cheap prices", Donald Trump is always ready to pay high price for potential real estate projects.  Mr. Trump never engages in trivial things, but has to do something special.

If Trump builds an apartment building, it has to be the most luxurious, biggest and best building in the area.  This was reflected in Donald Trump's decision to implement the Trump World Tower initiative.  All Trump properties have increased in value over time.  For example, The Trump Building at 40 Wall Street, Trump bought and renovated this building for 1 million USD in 1995. According to Forbes, this building is being valued at 350-400 million USD.

The former President of the United States has always believed that location is the lasting value of any real estate project.  He also doesn't invest in something just because it's cheap, if he don't see its value-adding potential.  A property with a great location must rely on 4 factors: beautiful view, prestige, development potential and convenience.

Donald Trump: The Secret to Success in Real Estate investing

The beautiful view factor is always appreciated by Trump when choosing a construction location for his buildings.  Trump World Tower, International Hotel in Las Vegas, or Trump Park Building... all possess expensive views of the East River, New York harbor or central park.

Any real estate Trump buys must ensure convenience and development.  It's distance to shopping centers, transportation, schools, places of worship, and other amenities.  President Trump's golden Real Estate Investment secret is always to build the most luxurious, largest and best building in the area.

Trump is also one of the pioneers and successful when integrating amenities such as casinos, hotels, shopping malls, and leading entertainment in skyscrapers.

AD3


 

When building and developing real estate projects, Donald Trump always aims to build products with unique and novel designs, thereby creating impressions and building trust from customers. When talking about Mr. Trump, people often refer to new buildings, luxury hotels or golf courses... However, the important thing when talking about him is the quality of the products and services that Mr. Trump owned.

Mr. Trump has learned many lessons from real estate investment experience from difficulties.  That's how to mobilize capital, invest in infrastructure, collaborating with partners...

In the real estate investment market, there are hundreds and thousands of successful investors, but there are also many failures.  In order to invest in real estate successfully, it is not only necessary to have a cold head, but also to know how to accumulate experience from the forerunner to draw lessons for yourself.

Donald Trump: The Secret to Success in Real Estate investing

300x600

Your comment
*
*
*
*
 Captcha

5 factors to consider before Investing in Rental Real Estate

Outstanding and sustainable profitability, investing in rental real estate is a channel chosen by many investors. However, to optimise profits, investors need to master important principles.

Outstanding and sustainable profitability, investing in rental real estate is a channel chosen by many investors. However, to optimise profits, investors need to master important principles.

Read more

9 Tips that will help you Buy Profitable Beach Resort Villas

Thanks to surrounding by nature landscape and unique architecture, beach resort villas is shown as an effective real estate investment channel for many years. Below are 9 Tips that will help you Buy Profitable Beach Resort Villas.

Thanks to surrounding by nature landscape and unique architecture, beach resort villas is shown as an effective real estate investment channel for many years. Below are 9 Tips that will help you Buy Profitable Beach Resort Villas.

Read more

AD5

Is Buying A House A Good Investment?

According to America's famous self-made millionaire Grant Cardone, young people today need to think more carefully about the purposes and choose the right time when buying a house.

According to America\'s famous self-made millionaire Grant Cardone, young people today need to think more carefully about the purposes and choose the right time when buying a house.

Read more

Top 9 High Return Real Estate Investment Ideas

The field of real estate business is increasingly interested by many people because of its high profitability and many people do not hesitate to invest capital to make a profit. Here are Top 9 high return real estate investment ideas.

The field of real estate business is increasingly interested by many people because of its high profitability and many people do not hesitate to invest capital to make a profit. Here are Top 9 high return real estate investment ideas.

Read more

AD6

6 Key Factors in research process for Resort Real Estate Project Investing

Resort Real Estate is a pretty hot keyword in the past few years with real estate brokers and real estate investors, but not everyone understands the process and factors to choose a worthy Resort Real Estate project. Below are 6 key factors in research process for resort real estate project investing

Resort Real Estate is a pretty hot keyword in the past few years with real estate brokers and real estate investors, but not everyone understands the process and factors to choose a worthy Resort Real Estate project. Below are 6 key factors in research process for resort real estate project investing

Read more

How can House Buyers avoid Risks from Inflation?

The housing market in most countries is witnessing hot flashes and skyrocketing prices because the number of buyers exceeds the number of sellers. To decide to buy a house, experts advise customers not to ignore the following 6 extremely important questions.

The housing market in most countries is witnessing hot flashes and skyrocketing prices because the number of buyers exceeds the number of sellers. To decide to buy a house, experts advise customers not to ignore the following 6 extremely important questions.

Read more

AD7

How does Inflation affect Real Estate Investments?

According to experts, if inflation exceeds expectations, it will lead to different chain reactions, negatively affecting real estate.  This will cause many risks for real estate investors.

According to experts, if inflation exceeds expectations, it will lead to different chain reactions, negatively affecting real estate.  This will cause many risks for real estate investors.

Read more

3 Tips for Investing in Real Estate with Little Capital Successfully

Investing in real estate with little capital is one of the ways to get rich fast but like other businesses nothing is easy.

For investing in real estate with little capital successfully, you need to have a solid understanding of real estate industry as well as economics, society,..

Investing in real estate with little capital is one of the ways to get rich fast but like other businesses nothing is easy.

For investing in real estate with little capital successfully, you need to have a solid understanding of real estate industry as well as economics, society,..

Read more

4 Safe Real Estate Investing Tips in volatile markets

Real real estate market often encounters many fluctuations.  Especially, after the Covid-19 epidemic occurred, the real estate sector in the world was severely affected.  Investing in real estate brings great profit opportunities but also have many risks. Particularly, amid market fluctuations, real estate investors with small capital have more potential risks. Here are 4 Safe Real Estate Investing Tips in volatile markets.

Real real estate market often encounters many fluctuations.  Especially, after the Covid-19 epidemic occurred, the real estate sector in the world was severely affected.  Investing in real estate brings great profit opportunities but also have many risks. Particularly, amid market fluctuations, real estate investors with small capital have more potential risks. Here are 4 Safe Real Estate Investing Tips in volatile markets.

Read more

Copyright © Ojermes. All rights reserved. The Content may not be copied, distributed,  republished, uploaded, posted or transmitted in any way without the prior written consent of Ojermes.