World Famous Comics: Trump University Real Estate 101: Building Wealth with Real Estate Investments
Trump University Real Estate 101: Building Wealth with Real Estate Investments
By: Gary W. Eldred Publisher: Wiley Average Rating: Binding: Hardcover Label: Wiley Number of Items: 1 Number of Pages: 304 Publication Date: June 23, 2006
Product Description: Trump University books are practical, straightforward primers on the basics of doing business the Trump way-successfully. Each book is written by a leading expert in the field and includes an inspiring Foreword by Trump himself. Key ideas throughout are illustrated by real-life examples from Trump and other senior executives in the Trump organization. Perfect for anyone who wants to get ahead in business without the MBA, these streetwise books provide real-world business advice based on the one thing readers can't get in any business school-experience.
In Trump University Real Estate 101, you'll learn how to: * Develop the entrepreneurial skills to succeed in real estate investing * Make money in any market at any time * Convert properties for new uses and make more money * Create instant equity in any property * Determine how financing will affect the cash flow and value of your property * Use options and assignments to buy and sell properties you don't own * Assess the value of similar properties by comparing and analyzing multiple features * And much more!
Very Basic Information; Don't waste your money This book offers very basic, albeit solid advice for beginning investors. For most of you out there, the contents of the book are common sense, "I could have thought of that" answers. The main failing of the book is that the authors do not give enough detalied concrete examples of past deals and projects that made them money, just broadview hypotheticals. It's practically worthless for any investor with half a brain.
Great Content This book is a great start up book for investors just getting in the game. What I liked most though it's not like most real estate books where they tell you how to do it. They dive into the why you do it and the core principles you need to have in order to invest in real estate. The book also shows that real estate is a serious business. Take your time reading this book and grasp the core principles and habits that they are talking about.
Stop Selling Us More and Tell Us More I do love to read a lot of the books from Trump, and this one is similar to the others in terms of format. It's very vague at times, and the author tries to sell your more books in the script. I'm starting to realize any material offered by Trump is going to have at least 10 books referenced that are highly recommended for you to read once you complete the current one you are reading.
I was expecting to read about all the steps involved with purchasing, financing, marketing, upgrading and managing real estate in this book. I suppose I assumed this would be like a dummy's guide to real estate investing, but it was a little more for the novice investor--at least it was more advanced than the 101 title implies, especially in the final chapter. I was let down in some areas, but the last few chapters about managing and valuating property are phenomenal.
I scaled down the rating due to all the publicity of additional reading material but I did think the final chapter on valuing properties was incredible so I gave it 3 stars. Had it been a little more in depth about financing real estate and excluded all the promoting of other books, then I could've given it 5 stars.
Anyone with common sense need not read this: Save your $21.95 I was very disappointed at the shallow nature of this volume. Several chapters in I realized that this was just another way for Trump to generate a few more royalty dollars. This whole volume can be summarized in a few general maxims: Chapters 1-3 Think like an entrepreneur... meaning take risks. Chapters 4-5 Do your OWN homework ... meaning don't rely on generally accepted rules. Chapters 6-10 Come up with the NEXT great idea ..... meaning think outside the box don't just follow the herd. The only reason I did not give this book a 1 star * is that the last four chapters DO contain some valuable information and charts, formulas and methods that DO go beyond just common sense or obvious advice like where's the market headed? (Chapter 6). In particular it was not until the final chapter (14) How to Value Properties did I actualy take my pen and paper out and start to take some notes. A far better read is Confesssions of a Real Estate Entrepreneur. Save your Time. Use your Common Sense and Spend your $22 bucks to buy another book.
read with caution I would prefer to give a book 5 stars, but cannot always do so. I gave this book as a gift to a friend who is a broker and fellow investor. We have had many discussions about Trump's life. I respect Trump's passion. This book glossed over the details and I had hoped for more tactics. Read it cautiously... Doug Gray, PCC, and author of Passionate Action: 5 Steps to Extraordinary Success in Life and Work
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