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Donald J. Trump - Trump: The Best Real Estate Advice I Ever Received: 100 Top Experts Share Their Strategies

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Donald J. Trump Trump: The Best Real Estate Advice I Ever Received: 100 Top Experts Share Their Strategies
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Donald Trump has gathered in one book the best advice on real estate from the brightest and most experienced people...
Dont try to take the last penny off the table; make sure that the people who buy from you also make money. If not, they wont buy from you again. -Michael Shvo, Founder of the Shvo Group and the most successful young real estate broker in New York
Mom said, If you dont have big breasts, put ribbons in your pigtails. Good salesmanship is nothing more than maximizing the positive and minimizing the negative. Although your competition might offer something you cant match, that doesnt matter. What matters is that you identify and play up what youve got. -Barbara Corcoran, Founder of the Corcoran Group, New York Citys leading real estate company
Real estate can be so much fun you almost feel guilty earning money at it! -Monda Bassil, President of Prestigious Properties of New York
When you sell real estate, pay tax only if you want, when you want, and in the amount you decide. -Gary Gorman, Founder of 1031 Exchange Experts, LLC, and author of Exchanging UP!
Whether it is a real estate deal or any other venture, the key is to find something you enjoy doing, and then do it better than anyone else-because success comes easier to people who follow their passion. -Donald Trump, J r., Executive Vice President of Development and Acquisitions for The Trump Organization

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CONTENTS

  1. 1. Arthur L. Allen
    BUY WHERE THE WEALTHY LIKE TO PLAY
  2. 2. Adina Azarian
    DONT BE AFRAID TO INVEST TIME
  3. 3. Roger Barnett
    BUY THE BEST
  4. 4. Thomas J. Barrack Jr.
    FOCUS ON RESULTS
  5. 5. Monda Bassil
    LISTEN TO YOUR CLIENTS NEEDS
  6. 6. Douglas Baumwall
    TARGET GROWTH AREAS, AND TRY NOT TO SELL WHAT YOU OWN
  7. 7. John Bearden
    WORK WITH PROFESSIONALS YOU TRUST
  8. 8. Frank G. Binswanger Jr.
    ALWAYS DO THE VERY BEST YOU CAN
  9. 9. Steve Bollenbach
    FOCUS ON LOCATION AND EXECUTION
  10. 10. Robert Boykin
    DEVELOP IN AN AREA WHERE GROWTH IS COMING
  11. 11. David Brause
    MAINTAIN YOUR INTEGRITY; BE PATIENT; DO YOUR DUE DILIGENCE; DEPEND ON LOCAL PEOPLE
  12. 12. John Brown
    REAL ESTATE AUCTIONS OFFER BENEFITS TO INVESTORS, WHETHER THEY ARE BUYING OR SELLING
  13. 13. Robert J. Bruss
    INVEST IN SINGLE-FAMILY RENTAL HOUSES
  14. 14. M. Anthony Carr
    A COMMONSENSE APPROACH TO FORECLOSURE PROPERTIES
  15. 15. Rich Casto
    CHOOSE A REAL ESTATE AGENT WISELY
  16. 16. Phoebe Chongchua
    FIVE PRINCIPLES TO SUCCESS
  17. 17. Frank Cook
    LISTEN TO YOUR TELEVISION
  18. 18. Barbara Corcoran
    WORK WITH WHAT YOUVE GOT
  19. 19. Richard Courtney
    THE FIRST OFFER IS USUALLY THE BEST
  20. 20. Lester Crown
    CHOOSE A GOOD PARTNER
  21. 21. Gil Dezer
    ADD VALUE TO YOUR REAL ESTATE INVENTORY
  22. 22. Thomas E. Dobrowski
    CHOOSE A TRUSTWORTHY PARTNER
  23. 23. Crosby Doe
    SUCCESS IN REAL ESTATE COMES THROUGH HARD WORK AND DIRECT SALES CONTACTS
  24. 24. Marc Ellman
    APPROACH THE BUSINESS WITH CANDOR AND FORTHRIGHT DEALING
  25. 25. Blanche Evans
    DONT FOLLOW THE CROWD
  26. 26. Michael Fascitelli
    EMPHASIZE QUALITY AND BRANDING
  27. 27. Debbie Ferrari
    MAKE THE MOST OF THE INTERNET
  28. 28. Robert L. Freedman
    AIM HIGH AND TRUST YOUR INSTINCTS
  29. 29. Doug Frye
    EMBRACE CHANGE
  30. 30. D. Kent Gale
    TREAT PEOPLE WITH RESPECT
  31. 31. Stanley C. Gale
    MAKE INTEGRITY YOUR REPUTATION
  32. 32. Jim Gillespie
    NEVER SELL INVESTMENT REAL ESTATE; TRADE IT
  33. 33. Lewis M. Goodkin
    PAY ATTENTION TO DETAILS
  34. 34. Gary Gorman
    MANAGE YOUR TAX PAYMENTS
  35. 35. George E. Grace
    ALWAYS NEGOTIATE
  36. 36. Harvey E. Green
    BELIEVE IN THE MARKET
  37. 37. Jeffrey Gural
    ALWAYS HONOR YOUR DEALS
  38. 38. Andrew Heiberger
    TODAYS RENTER IS TOMORROWS BUYER
  39. 39. Dorothy Herman
    OPPORTUNITIES ALWAYS EXIST
  40. 40. Thomas J. Hutchison III
    LEAVE BOTH PARTIES HAPPY
  41. 41. Thomas J. Hynes Jr
    GET INTO THE COMMERCIAL REAL ESTATE BUSINESS
  42. 42. Erez Itzhaki
    NEVER SHOW EMOTION; BE PATIENT; WORK HARD; AND CREATE VOLUME
  43. 43. Charles Jacobus
    KNOW WHEN TO ANTICIPATE OPPORTUNITIES
  44. 44. Ozzie Jurock
    WORK TO GET A GOOD DEAL
  45. 45. Bruce Karatz
    TAKE CAREFUL RISKS AND HAVE FUN
  46. 46. Craig King
    CAPTURE THE BUYERS IMAGINATION
  47. 47. Michele Kleier
    PROTECT YOUR CLIENTS FROM THEMSELVES
  48. 48. Robert A. Knakal
    PICK AN AREA OF SPECIALIZATION
  49. 49. Tom Kunz
    YOU MAKE YOUR MONEY WHEN YOU BUY REAL ESTATE, NOT WHEN YOU SELL IT
  50. 50. Leonard Lauder
    LEAVE YOUR EMOTIONS AT HOME
  51. 51. Stephen Leopold
    FIND A NEED AND FILL IT
  52. 52. Pamela Liebman
    CAREFULLY CONSIDER GROWTH POTENTIAL
  53. 53. Dave Liniger
    CONTROL THE INVENTORY
  54. 54. Terry J. Lundgren
    THINK AHEAD AND BELIEVE IN YOURSELF
  55. 55. John J. Mack
    NEVER BE GREEDY
  56. 56. Harry Macklowe
    LISTEN TO YOURSELF
  57. 57. Bernie Marcus
    GO WITH YOUR GUT
  58. 58. Elias Masri
    NEVER UNDERESTIMATE YOUR CLIENTS
  59. 59. Richard Meier
    CHOOSE EXCELLENT DESIGNAND GOOD PLACEMENT
  60. 60. Daniel F. Miranda
    MANAGE YOUR RISKS AND MAXIMIZE YOUR RETURN ON INVESTMENT
  61. 61. Kim Mogull
    MY FAVORITE KIM-ISMS
  62. 62. Bruce E. Mosler
    GO WHERE YOURE NEEDED
  63. 63. David Mossler
    THINK LOCATIONAND HONESTY
  64. 64. Terri Murphy
    BUYAND WAIT
  65. 65. Joshua L. Muss
    ASSESS YOUR RISKS
  66. 66. Enrique Norten
    SEEK OUT GOOD ARCHITECTURE
  67. 67. Elan Padeh
    REMEMBER THAT REAL ESTATE IS A CYCLICAL BUSINESS
  68. 68. John M. Peckham III
    IN THE FUTURE, EVERYTHING WILL BE VERY SMALL AND VERY FAST!
  69. 69. Susan Penzner
    KNOWLEDGE, ENTHUSIASM, INTEGRITY, AND HARD WORK
  70. 70. Jorge Perez
    BE OBJECTIVE; BE REALISTIC; ALWAYS LEAVE SOMETHING ON THE TABLE
  71. 71. David Picerne
    STOP TALKING AND GET IT DONE!
  72. 72. Robin E. Prescod
    DONT LET THE MARKET CONTROL YOU
  73. 73. Bill Rancic
    LEARN TO RECOGNIZE VALUE
  74. 74. Henry Robbins
    BUY LAND AND BANK IT, BUT DO YOUR HOMEWORK FIRST
  75. 75. Phil Ruffin
    EIGHT RULES OF REAL ESTATE SUCCESS
  76. 76. Peter Sabesan
    SOLID SALESMANSHIP, AN ENTREPRENEURIAL SPIRIT, AND YEARS OF EXPERIENCE
  77. 77. Henry Savage
    NEVER LOSE PATIENCE
  78. 78. Ronda Savoy
    KEEP AN UPBEAT ATTITUDE
  79. 79. Stephen Shapiro
    THREE STEPS TO HAPPY CLIENTS
  80. 80. Michael Shvo
    SEVEN STEPS TO SUCCESS
  81. 81. Larry Silverstein
    PROCEED WITH PASSIONAND INTEGRITY!
  82. 82. Rand Sperry
    TAKE A PROFIT AND MOVE ON
  83. 83. Norman Sturner
    KNOW YOUR MARKETPLACE
  84. 84. Robert E. Sulentic
    WORK HARD AND FOLLOW THROUGH
  85. 85. Stefan Swanepoel
    COMMIT YOURSELF TO WINNING
  86. 86. Emily Tannen
    DONT JUDGE A BOOK BY ITS COVER
  87. 87. Robert S. Taubman
    THREE LESSONS FROM MY FATHER
  88. 88. Joseph Thanhauser
    TRUST, TIMING, TERMS, AND TRUTH
  89. 89. Richard Thompson
    DEVELOPING A SUCCESSFUL HOMEOWNER ASSOCIATION
  90. 90. Jonathan M. Tisch
    FIT BUILDINGS TO THE COMMUNITY
  91. 91. Marjorie Torres
    GROW STRATEGICALLY
  92. 92. Donald Trump Jr.
    THERE IS NO SUBSTITUTE FOR PASSION
  93. 93. Ivanka M. Trump
    BUILD YOUR REPUTATION CAREFULLY
  94. 94. Steve Van Amburgh
    HAVE FUN AS YOURE PROFITING
  95. 95. Leo F. Wells III
    FOCUS ON QUALITY
  96. 96. Brett White
    KNOW YOUR EXIT STRATEGY BEFORE BUYING
  97. 97. Ken Wilson
    DEAL WHEN YOU NEED TO DEAL
  98. 98. Scott A. Wolstein
    WALK AWAY IF NECESSARY
  99. 99. Rob Zache
    FIVE RULES FOR SUCCESS OF YOUR BUSINESS
  100. 100. Mortimer Zuckerman
    BUY LOW, SELL HIGH, AND DONT BE GREEDY
Guide
2006 by Donald J Trump All rights reserved No portion of this book may be - photo 1

2006 by Donald J. Trump

All rights reserved. No portion of this book may be reproduced, stored in a retrieval system, or transmitted in any form or by any meanselectronic, mechanical, photocopy, recording, scanning, or otherexcept for brief quotations in critical reviews or articles, without the prior written permission of the publisher.

Published in Nashville, Tennessee, by Thomas Nelson. Thomas Nelson is a registered trademark of Thomas Nelson, Inc.

Thomas Nelson, Inc., titles may be purchased in bulk for educational, business, fund-raising, or sales promotional use. For information, please e-mail SpecialMarkets@ThomasNelson.com.

ISBN 978-1-4016-0530-8 (TP)

Library of Congress Cataloging-in-Publication Data

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