'What Donald Trump has to say about the latest business opportunities found in Real Estate Investing.'
By Phyllis N. Schwartz Staff Writer
Have you ever wanted to become a millionaire?
If so ? and, if you live in the United States, there is now a very REAL chance for you to enjoy the same opportunities as Donald Trump.
You don't need to invest in real estate to be wealthy. But, by and large it is the easiest, most leveraged way to build real, sustainable wealth. With mortgage rates at an all time low and tax laws favoring real estate holdings Padres Dave Winfield Jersey , now is an ideal time to profit from the greatest real estate gold rush in history.
Marriage, job changes, divorce, new families, death -- the average American moves every five to six years. And with that constant stream of movement across the United States, more than 12 million homes are bought and sold every year. Many of these will be great deals that you Padres Tony Gwynn Jersey , yourself, could be profiting from.
The very same principles that make Donald Trump a fortune with New York City skyscrapers will work for the average investor, no matter what size the property.
So precisely what can the small real estate investor learn from a billionaire wheeler- dealer like Donald Trump? According to George Ross, Executive Vice President and Senior Counsel for the Trump Organization (and, of course, Apprentice co-star) Authentic Brad Hand Jersey , one of the cornerstones of Trump's philosophy is "Improve any location."
And that's just what Trump did in his very first real estate deal on a foreclosure of a 1,200 unit apartment complex in Cincinnati, Ohio. Without a penny invested, Donald and his father, Fred, were able to turn the apartment complex around by doing some remodeling and taking a tough stance on rent collection.
In the single most valuable lesson in Donald Trump's real estate career Authentic Jhoulys Chacin Jersey , he learned how the government would assist buyers in purchasing property with little or no financial backing and how to get such aid. His passion for real estate grew from there and he went on to create the strategies and systems that turned his business into an empire.
"Deals are my art form. Other people paint beautifully on canvas or write wonderful poetry. I like making deals, preferably big deals. That's how I get my kicks."
In New York City, the Trump signature is now synonymous with the renowned Trump Tower, The Trump International Hotel & Tower, The Trump Park Avenue and the Trump Building at 40 Wall Street. He also owns golf courses in 4 states, and current projects include the building of the biggest development ever approved by the NYC Planning Commission .
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