
Trump University’s new contest let’s you ask Donald J. Trump any question you want about success . . . and win a course from Trump University too
Since we announced our Ask Donald J. Trump contest three weeks ago, dozens of questions are pouring in every day. Don't you want to ask Mr. Trump a question too? Now's the time, because the contest closes on September 15th.
If you haven't entered yet, here’s how it works.
The deadline for submissions is September 15th.
It’s easy! Simply submit your question as a comment to this blog post. (Click on comments in the shaded box that follows this blog post and follow the instructions.)
Your question will be carefully reviewed by the selection committee. We will choose 10 - and only 10 - questions that I will carry to Mr. Trump’s office in Trump Tower.
You can submit as many questions as you like until the September 15th deadline. But only one of your questions can be part of the final 10.
If your question is selected, Donald J. Trump’s answer to it will be published on this blog. In addition, each winner can select one of 15 Trump University courses as a prize. (Value up to $995; a list of courses to select will be provided to the 10 winners.)
And here's how to win . . .
Because I want you to win,let me tell you what we will be looking for as we select the 10 finalists that I will bring to Mr. Trump’s desk.
First of all, spend a little time reviewing the questions that have already been submitted by other entrants. You'll find them posted as comments on the blog posts of the last three Wednesdays.
Please restrict your questions to success-related topics about personal achievement, real estate investing and entrepreneurship. That’s what we’ll be looking for as we make the final cut.
Now it’s your turn. Click below and ask Donald J. Trump the question that’s on your mind. We’ll be announcing the winners and posting Mr. Trump’s answers for all to read in late September.
Good luck!
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66 Comments
I'm constantly reminded by articles we read across this world of ours, on how people become successful after they hit bottom. Not only is this on print but I've witnessed it many times over in real life scenarios.
My interest is to ask you Sir, how did your personal approach take shape to rebuild from the ground up again?
Did someone as yourself opened up to new ideas and formulas based on errors from the past, take new views since old ones ceased to work, networked with a newer team since trust and loyalty is of the essence, and can u comment on the motivational thrust one experiences once they lose or come close to losing everything they've built over the hard working years.
I would be most grateful if you had a few moments to share with us all, what HAD to click in your head as to the positive and non-failing mental attitude you acquired to succeed without ever looking back again.
Thank you for the inspiration Mr. Trump!
jc, Ontario, Canada
I am from Malaysia. My question is: what constantly powers you to become an incredible billionaire, despite you no longer have to? And how do you deal with harsh critics? I am inspired by you to become a billionaire too someday (hopefully!!), and whenever I thought of that, I would always think about what is my purpose and drive to become one. I believe they are important for one to become an extra-ordinary billionaire, so I would like to hear it from you.
Thank you very much.
With the local media from radio, television, newspaper, and weekly publications backing what national correspondent stock market watch dogs are saying about the real estate market who are also not established mortage loan originators, making statements without proper information; an example of this would be that just because I know how I like my steak cooked, and of which area of the cow I like it from does make me a butcher.
How does an originator who honestly is protecting clients from the wrong loan product send a message to the consumer of my local area that the market is not as bad as it sounds, but is actually a time to take advantage of the leveling and not crashing times of the market. I have already sent messages through prior clients. What I am looking for is a way to state that these are the wrong people to listen to. I mean really do you want your tax consultant to tell how to butcher your next rib eye.
Carlos S.
San Francisco,Ca
¿Had you ever think about Outer Space Building investments?
Quick question: Highly intelligent entrepreneurs usually know the answer before acknowledging the question. This should apply to every field of success. How can we apply this to a succesful marriage?
located here in Fresno, California? The area in Fresno that the city is trying to build in is near a high crime community. Fresno City Officials
don't give a damn about the black neighborhood thats why the neighborhood is so torn down. In the last few weeks a hispanic woman was killed and guess what now the Fresno City Officials are trying to make a change. They didn't care when a 16 year old caucasian female and a black mother, sister, or brother was killed. They have decided to attack the black gang violence on the west side of town and try to clean up the neighborhood. The only reason I am telling you this is because
its not right to clean up a neighborhood because the city knows that you Mr. Donald Trump has some interest in a new development in a violent
crime area. And its sad when the city start talking about eminent domain. What about those poor black folks who are struggling to survive and all they have left is their property. The area for the new development will draw a lot of people in the day time, but not too many people are going to drive into that area at night. I don't care what you decide to build there the crime rate is too high and the area is not safe and the City of Fresno knows this.
today proved that i dont make the decisions,
the people do. everyone.
nobody really liked what happen today,
so maybe this was not the best direction.
i think everyone was felt a little safer when the idea of
a blue system.
in addition Mr. Cox, i never ment to harm anyone,
i though some people cashed on subprime, and
moved from the country. And that would keep people
here.
please stop fighting, please be smart, economic data might give a worry or two, although we cant base a future on what happened in the past.
Senator, Dodds, I think the plan is excellent, I am concerned with time, I love time, it is the most important part of the world. I think to filter through the plan, and know when each application can benefit the market, implement the most important sooner, with consensus from the brilliant men and women at Jackson Hole. Measure time, application.
What advice would you offer a first time real estate investor that would enable them to take the first step in investing while overcoming fear of failure?
Thank you,
Roberta M, Texas
WHEN WILL Donald Trump , ALL THE PRESIDENTIAL CANDIDATES AND THE MEDIA RESPOND TO THIS EMAIL? IS Donald Trump and ALL THE PRESIDENTIAL CANDIDATESAFRAID TO?
DOES Donald Trump , ALL THE PRESIDENTIAL CANDIDATES AND THE MEDIA FEAR THE TRUTH?
THEY ALL HAVE IDEAS - BUT WILL THEY LISTEN TO A NEW AND DIFFERENT APPROACH TO IRAQ AND WINNING THE WAR ON TERROR?
URGENT THAT YOU Donald (as you are mentioned as a key part of the diplomatic solution) READ THE CANDU MEMORANDUM (BLOG) WHICH PROVIDES A NEW DIRECTION FOR IRAQ AND WINNING THE WAR ON TERROR. THIS BLOG WILL PROVIDE THE MISSING POLITICAL, DIPLOMATIC, MILITARY AND ECONOMIC SOLUTIONS TO WIN THE WAR IN IRAQ WITH A MISSION ACCOMPLISHED, WITHOUT CUTTING AND RUNNING. IT WILL RECEIVE BOTH BI-PARTISAN, AND INTERNATIONAL SUPPORT. IT WILL HAVE THE FULL SUPPORT OF THE IRAQI PEOPLE AND THE AMERICAN PEOPLE. DIFFICULT BUT NOT IMPOSSIBLE. IT WILL SAVE MANY LIVES. IT SHOULD BE READ BY THE GENERALS BEFORE GENERAL PATRAEUS GIVES HIS REPORT. IF THE GENERALS DISAGREE I ASK THAT THEY TELL ME WHY? I DO NOT THINK THAT THEY CAN.
THE LINK TO THIS BLOG
http://www.thecandumemo.blogspot.com/
Your article entitled "Think for Yourself" described my weekend searching for the intrinsic values that will drive my dream forward.
I thought for myself and made some decisions and serious sacrifices to be at the dropzone this weekend, and I don't regret the sacrifices I made to meet with the right people in order to troubleshoot the industry.
At the end of the weekend they rented an airplane to make a ten way formation, five in each load. The plane rented was the first plane I jumped from four years ago. I felt honored.
Not unlike you I love to teach and watch people grow.
In skydiving there is an adage "Go Fast".
I know I have told you I am slow and I am proud of being slow, however I am excited and I want to move forward now.
What can I do to earn more money so I can get closer to my dream quicker ?
Most individuals look to you for answers, yet many can "answer" their own questions. With the thought, "Success is defined by each individual person", here are my thoughts on how individuals can succeed:
Know Thy Self
- Self assessment is critical for success. Maximize and capitalize on your strengths and work continuously on areas for improvement (until they become strength).
Knowledge is Power
- Well rounded and knowledgeable individuals finish first. You don't know what you don't know. Actively seek and expand your knowledge base.
Desire is The Secret
- The secret to winning is desire. A.L. Williams best defines desire in four principles:
1. Desire gains strength when it has concrete form (Goal setting) 2.Desire becomes an obsession.
3. Desire becomes commitment.
4. Desire becomes endurance.
Action Jackson
- Develop a plan and work your plan. Be flexible and adjust accordingly. NO EXCUSES just do it!
Never Quit
- Turn your fear into the fuel that drives your desire. Stay positive and "TRACTOR-TRAILOR" nay-Sayers and negative people with whatever it takes on your road to success. Remember, "You don't know what you don't know." You'll never know until you try and try again. Don't quit until YOU WIN!
Please, outline your simple plan for individuals to succeed. Thank you.
All My Best ~
Jim S****ler
I would like to ask you questions revolving around failures. How do view failures before and after you had experienced it yourself? And what do you think about people who fails and what kind of advise would you give to them?
Thank you very much.
...
...
I am from Nelspruit in Mpumalanga, South africa where the sun rises. I am the next South African millionaire as I am reading everything I can put my hands on from both you and Mr. Kyosaki. My question is, when will I ever get time to actually put down these books and implement all your ideas?I need that extra push to get me started. I know nothing happens overnight. I am ready for the next book, can I suggest "Now let's do it, you know it all!"
Thanks for all that I learned so far, you are great and if you ever decide to invest in Mpumalanga, I will make it happen for you!
Leoni
A question I would like to ask is: What do you have to do to start ACTING upon your IDEAS when you are really terrified to do so? More like how do you stop being a procastinator and start acting towards the things that you have planned or known to do?
Thank You
William Kusuma, Malaysia
Another lot of questions:
1. What do you do with your long term loyal employee ( he/she knows all in and outs of your business, privacy, and everything), when he/she is suddenly unhappy and takes steps that damage your reputation?
2. Assume, you are not Donal Trump. What would be your first step to start your first business?
Cheers,
Rajesh Shakya
http://www.rajeshshakya.com
Helping technopreneurs to excel and lead their life!
I was curious about what your opinion of network marketing was?
Thank you
Had you ever think about investments in medical center for rich people ?
AI,Romania,Bucharest
What is your best strategy or advice for NOT wasting time on people or tasks that don't contribute to making the best decision while respecting the human dignity factor and saving face professionally?
Thank you,
Stacey B.
--Cmars3221@yahoo.com
I'm from China ,25 years old. I am working in an IT company about 2 years , the boss is nice ,the work environment is good ,and the salary is not bad. But the problem is I don't like the work at all. I think it is boring with no inspiration , all routine affairs.
I think maybe I should learn something more interesting such as finance. But I really don't know how much effort it will take to become an expert in financial area since my college major has no relevant with finance at all. You should always consider the opportunity cost when you want to do something with so much uncertainty.
I really couldn't find which way to go to become a more achieveable person. So I think maybe I can get some advice from such a great person as you.
Thanks and best regards!
Jessica
how do you get the best out of your staff in a high pressure, demanding work environment without being seen as over bearing, aggressive and inconsiderate of people. I am faced with with a situation of aggressive budget and results and a reputation of being too demanding upon my people...
Joe H.
I visited your building (Trump Towers) on 5th Ave in Dec 06. I was impressed by the quality and standard of the building and was not surprised by layout, design and dynamic atmosphere within. Have you ever compromised on quality in particular when hiring someone... eg, did you trade standard of personal presentation for knowledge and experience or do your potential employees possess the whole lot?
Joe H.
Do you recommend people who do not have experience and a big capital to start at Network Marketing? And if yes, Why?
Thank You
William Kusuma, Malaysia
(http://williamkusuma.blogspot.com)
Question is essentially between soft skills vs book skills
I come from a tiny isdland in the Indian ocean where probably more than most countries there is greater social pressure to focus on school education. Success is greatly measured this way.
I feel one needs to be a student of life which probably might give you the best education.
Today, like me there are many who have benefited from variety of soft skills which we hornedon during our school career. I'm talking about communicaion and presentation skills, organizing skills, negotiating skills, team skills, leadership skills etc. Great many extra currcular activties which I took part during school days paved the way for this.
However I wasn't one of those brilliant people who mastered education at the same time. I was average in that regard. But subsequently I managed to complete a professional qualification in marketing and now I'm reading for a MBA.
I have children who are just 2 and half years.
Question is what would be most important when they reach age of 16-18 taking on the real world?
While I know the best case scenario is to focus on both "soft skills" and book education" where do you see the whole thing is moving?
Priyanga, Colombo, Sri Lanka.
www.dassalessons.blogspot.com
I am a scientist woman , I would like to know how I could do business to divulgue or "spreading" the planetary science?
Surely you have a lot ideas to this respect. You experience is very amazing.
I would like to combine the science and business.
I live in a country of the "the third world" where the persons involved in science is just .01 % of the total population.
Thank you
Y. Cedillo
Mexico City
I am a stay-at-home-dad because I quit my last job for having a bad boss. I would say I am almost broke but I really trust and believe on success stories about entrepreneur people that started from real Zero.
I am very attracted to coffee and spent my last savings on equipment to learn how to prepare good expresso myself. Coffea beans in Mexico can beat the best coffe in the states with eyes shut.
Is ther anything that I can learn from your past life and considering there is no significant limit or barriers on international markets now, if my mind is set on making money no matter what, should I start my own business in he States?
I would like to hear that from you when I see you
Best wishes
Ben
I am amazed by the "human spirit" and the lengths people go to to become successful or make something of their life. With early morning rises, late finishes and weekend work... I work as hard as I can to be a success with the dream of one day becoming one hundreth of the success you are. My ambition is to make as much money as possible and purchase the ultimate prize.. freedom!!! The ability to spend time with the people I choose. What are the characteristics of your human spirit and what keeps driving you to succeed after achieving so much?
Joe H.
I am working at Information Technology Company as head of product division. My Company is one of the biggest software company in Indonesia that has product knowledge management,
document management, workflow, and enterprise portal. I have a goal as an enterpeneur especially in Information Technology Company that focused on Finance Industry.
Now, My company will be sold by majority shareholder, and I am hard trying to find new investor that can help me
to make my company as world-class company and bring my goal into reality. Supported by good human resource from the best university in Indonesia that we have, experience, good reputation , I think we can achieve it.
Would you give me suggestion about this?
Where I can find right investor?
Baqir
I want to know about your planning deal with knowledge management that can make many added value for business?
Baqir
What are the three key things (besides a killer business plan) to sell an entrepreneurship project to the investors?
Thanks for your response,
Alix.
I would like to take $10,000 out of my 401k to start investing in real estate . I would like to form a group of investors to flip houses. I would eventually like to buy a small apartment building for monthly income to support my family . Would you be interested in investing in my plan and help me get started?
What is the best book you have ever read (besides your own)? WHEN did you read it, what made you WANT to read it, and HOW did it affect you?
I have read many of Donald Trumps highly acclaimed books and he repeatedly mentions how his inspiration and connection into the business world was his wealthy Father; who was very experienced in the real estate world. Mr. Trump also mentions over and over that book smarts is not enough alone to be succesful. How can I attain the needed experience and knowledge that will put me to top in the thriving business world? In other words if we do not have that inspiring Father where should we go or do if I have the needed skills and drive?
Thank you for your time
Every succeed entrepreneurship always has a vision. You were, and you are still been one visionary business men.
But how do you know that you were right, well in those tough moments?
What is the best advice for the people who want to invest in some futuristic visions?
How can I make my vision in a succeed business?
Diego
evaluate the value of the peoperty that is a good buy and I can flip it for
a profit ? Do you think the " Location, Location, Location" still the
"investment incentive" ?
2. What is the good sources to find bargain real estate other than the
list of foreclosures, the newspaper ad or the realtors' info ?
3. Where I can get financing the real easte deal ? Most banks are very
conservative to lend money? I saw some land which is going to
rezone to residential and comercial use but the banks will not loan
money for land even though the profit is hugh after the rezonong
process in about 2 to 3 years ?
Because I want to learn from your experience I would like to ask you Which would you say have been your most important investment and why .
Thanks for sharing your knowledge and your wisdom it is highly appreciated !!!
Erika Graham,
Virginia Beach ,VA
This is an honour to be able to write to trump university websit!
I bought your first three books for myself and two other persons which were quite inspiring not just for business but for other aspects of life situations.
I have an opportunity to be the 'reluctant tourist' and have traveled to a few countries, only to realize that people in the most interior part of some countries know who you are Mr. Trump and have great admiration for you as you have impacted their lives positively.
They have been inspired to hope for financial success which was otherwise thought to be an impossibility to them, but for your bold courage and most importantly the concrete proof of your hard work, you have inspired people in the most rural parts of the world in a way that no one else had done before you.
If it were possible to get a dollar for everytime your name was mentioned as a positive reference to some high goal, you would be unquestionably, the no. 1 richest man in the world today.
My question is this: Will you consider building a university for Architecture? .....your buildings are fantastic and there are great minds in the world from all regions, as this skill is also crucial to financial success.
BES
Of all the people that have ever asked you for advice I'm sure none have ever came to you with quite this issue. There are currently 8 trucking companies in the world who are authorized to haul military explosives. 7 of these companies are owned by senators or billionaires. 1 of these companies is owned by my family. It has taken us 6 years to reach this point and every cent our company has. So here we are on the top of the world and we're holding on by the skin of our teeth. So now what? we have to raise money to go on but we've exhausted all of our sources. The last company like ours sold for 56 milllion dollars, but we can't seem to raise even the 50k to pay off the last insurance hurdles we had to cross. Now I know thjat we can fall down again and slowly work our way back up, but we are here now. right now this very second we are there. Where do I go from here? how do I gwet to the right people now while the iron is hot, before I fall back down again?
My question is:
How do you think that you can help millions of people to achieve success, only using your knowledge, not your millions?
How would you use your knowledge, not your millions to help millions of people to achieve success?
Thank you for all I've learned from you!
In one word, what do your think is the main emotion or feeling to achieve success?
Thank you all I've learned from you!
If I had to read only one book to achieve success, what book would your recommend?
Thank you!
I have owned a francised business for 15 years in the retail sector. It is a dollar store and has had great success. Over the last four years so much new competition has saturated the market in my small town. I have worked very hard to find their weakness's and build up my business where they lack. This has worked for me but now there is yet another dollar store opening up and I want to know how to re-invent the wheel of success to compete with them. I want to survive and come out on top. I want to be the best dollar store in my town. Can you please advise me on this?
Thank You
J.B. Orillia, Ontario
when nobody can even sell in lower price ?
please don't tell me to do my home work, but tell me your method when you do your homework, & tell me how you make your decission
Right now, I have only one investment with about $40,000 equity. I want to buy more at this excellent time. It seems like the best time in a long time to find great deals. I can find them probably more easily because I am in that business (Real Estate) already, but I went through a divorce last year and needed to use up cash for expenses. Recently I got a $25,000 equity line on the home I live in but had to use 10,000 for some medical expenses (unexpected). I realize that to a lot of people I haven't that much debt. Around $75,000 if you include my car (new). But because of my age (64) and present income (not so good in this market), and possibly the divorce (since I'm a woman), I need advise on how to best finance an investment property of around $300,000 or less. That would be a duplex or possibly a a duplex and house on two separate (already rented) properties or even two properties each with a duplex sold together. I had one in mind but it went off the market just two weeks ago. All units were already rented (too low in my opinion) but had the same tenants for several years. I believe that because of the market, those tenants will stay put. It is a 55+ community. I know it well. I know I can find some that have been already upgraded and still selling low. Seldom any tenant problems or problems holding renters. My problem and question is: How can I finance this without horrendous fees and closing costs. That is what would do me in. My credit rating is high 780 to 815. But my income/debt ratio is poor. The most cash I could come up with would be $5000 (if that) and I do have $10,000 in an equity line. But I need to pay off some debts. I couldn't afford another monthly addition to my equity line. My thought was to sell the rental property I have and invest in two others. Right now that could take a long time. But it is a good one and once this slump is over should rent for a lot more and/or sell for much more than it would right now. Passive income has been my goal for retirement (?) years. Though I don't plan to really retire until I have to. I like investing and want to continue. I know once I get started again, it will keep rolling. I know the banks won't loan me money because of the debt/income ratio. Hard money wouldn't work (I don't think) because it would be just another debt due to the high interest rate. I know there is a way. I just haven't been able to figure it out. I would be so grateful if you could suggest a solution. It is wonderful just to read what you have to say on these pages. (along with the other input) Thank you for that too.
Vera DeWeerdt
mellome2u@cox.net
480-626-4978
My question for you is, have you ever a time in your life, that
you are or think that you are doing all the rights things & you
end up going backwards than forwards?
The reason for that question is I'm going that right now it my
life with my business that i have recently started. I find it very
frustrating, the income low and the bills are piling up and I have
about 25k in debt. I know the money is there to make.
What did you do or what would you reccommend to do to get
the business going in the right direction so it can allow me to
get life on track & finances in order.
Thank You
VR
It seems to me that there is no definite answer as to how we can raise our confidence.According to some sources,one can only and truly gain confidence through competition,and then winning.However,i also notice that some people managed to stay very confident eventhough they are not actively involved in competition and they lose more than they win.
How have you contributed to the succes of your children and to what extent do you feel your support helped them to became succesful executives?
With best wishes
Radek Blazik
Czech Republic
Mr. Trump,
About Me: 29 year old Systems Engineer
Entrepreneurial Experience: Property management, web based solutions, and 2 car related internet projects as both hobby and passion (www.madwhips.com – new killer website launching by the end of the October & www.carzi.com)
My introduction to Real Estate:
Property Management (part time for self) for 5 years, 3 clients, 4 houses at the University of Guelph where I attained my degree, all houses I manage and own are condo townhouses, 13 y.o. and I have also lived in them during my schooling.
I have done extensive research in the province of Ontario (Canada) and the ratio of property cost to rental income that these properties generate are the greatest deals (financial and risk based) for property rentals in Ontario.
Properties Acquired To Date:
(Both are Condo Townhouses, 9 units away from each other)
12 month student leases May-May, $400/room
House 1 bought Sept. 2006 - $190,000. $180/mth condo fee, Rent: $2000/mth + Utils, (5 bdrm).
House 2 bought June 2007 - $195,000. $180/mth condo fee, Rent: $1600/mth + Utils, (4 bdrm).
Both were private sales, purchased ~10% under current selling prices of these units and full year leases were signed prior to my closing date as added diligence on the deal.
Mortgage Regulation Affecting my property acquiring:
In 2007, some regulations in Canada were changed and now mortgage lenders; starting with the major banks must report mortgages to the credit bureau(s). Before 2007 you could acquire as many mortgages at separate banking institutions as long as the mortgage insurers (when applicable) didn’t perform a title search. Bank A would not know about your mortgage with bank B because the loans did not show up on your credit report. This used to be an excellent way to easily amass properties with very little down (5%).
I bought both my houses which I mentioned above with 5% down and the 2nd house which I bought this summer felt like a rushed deal. House #1 makes an additional $400 more than house 2 and differs by about 150 square feet (1 extra bedroom) even though the houses are roughly the same cost (I waiting and found the best deal possible). The houses in this complex sell on a cyclical pattern and are a steal during nov-mar. However I was in a rush because I was not able to get a direct answer from anyone at the 1st bank where my mortgage lies as to when my mortgage would be visible on my credit report. Once that were to happen, the 2nd mortgage would have required 25% down because of the existence of mortgage 1. $50,000 down is not an option.
I know I could have found another private deal similar to house #1 if I waited for the opportunity to come about during the next 6-8 months, but I was in a rush to qualify for another 5% down mortgage.
The house required about 3 weeks of fixing up (painting, sinks, faucets, caulking) which I was able to do myself during my summer holidays and while working on it, I kept thinking that I ‘rushed this acquisition’ and beat myself up mentally over the deal. I spent many nights trying to justify my purchase and finally accepted that owning 2 houses was better than 1 regardless if the 2nd house didn’t make that extra sweet $400.
Q: What are you’re thoughts on rushing an acquisition such as I did just to get the 2nd property rental in this situation? Even during the deal with the owners, I made it clear I was in a rush to close this deal, from the day of my offer to the date of the close, it only took 15 days! I had my lawyer and bankers working extra hours just to ensure the success of this deal.
As of today September 15, 2007, I have checked with the banks and they have yet to see any mortgages show up on credit reports yet.
Q: Should I try and acquire my 3rd property rental ASAP again rushing, on the fact that soon, one if not both of my current mortgages will hit the credit bureau and will require 25% down on my 3rd property? Financially it’s going to put a lot of strain on me, but with the other two houses generating enough profit for ¾ of the 3rd potential house’s mortgage it is very doable if I continue to live as frugally as possible (I currently rent a basement of a house for very cheap (there are mice, water pipes freeze for days in the extreme winter) but it doesn’t phase me slightest because it has allowed me to acquiring these properties back to back each year. Acquiring smart properties is an addiction and I now understand how you and Robert K. continue to play and perfect this game (and have so much fun doing it) I also realize within 3-5 years I will be able to continue purchasing houses by leveraging their equity to purchase bigger and more profitable properties, even if I have to put down 25% at that time.
I now have friends and family who approach me after observing me successfully acquire these two rental properties which generate monthly income.
Q: What are your thoughts on either partnering for a % (maybe even splitting the 5% down with someone and entering into a 50/50 partnership on the rental) deal with family or friends or should I sit back and take a more passive role and simply charge them a fee for lining up the sale and being the property manager as I am currently doing for existing clients? I know my own limits in terms of stress that a potential rental property can provide and I am not sure if the other partnering party would be able to hold out regardless if a plan was put into place, even in writing.
The bottom line is that I want to keep acquiring these property deals in Guelph, because they are the most lucrative in Ontario, and I have done my due diligence in researching this real estate market. With the housing market about to enter into a slowdown I will have more opportunities during the next couple years than I have so far in acquiring rock solid deals in my favour.
Any other thoughts or readings you might suggest to aide me in my quest would be most appreciative.
Bonus Question: Is this really your son’s car, rumor has it that it belongs to one of your sons!
http://www.madwhips.com/pic.php?Make=Mercedes-Benz&Model=McLaren_SLR&...
Thank you and your teams time for consideration towards this question.
Anthony Carbone
After reading many of your books and other investment books I feel the biggest asset to me is a good support team. Can you give me some insite into your idea of a succesful business team and how you would go about assebling them. Who are the key players starting out and when to add others. Thank you for all you have done in the books you have wrote.
Terry Denning
I am 11 years old and I am currently playing Disney Monopoly. I have busted the bank and bought up all the hotels.. I own all the transports and all the magical powers and 13 properties, 11 have castles ... my partner owns 9 properties with castles and has 1,000 pounds left but a debt to me of 3,100 pounds... we do not know how to continue to play because the bank does not have any money left..... Can you advise us what to do now? Thankyou
My name is Luis Chamorro, I'm from Colombia (apologize for my english redaction, I think it's no so good). Anyway, I feel very proud to write to you becouse I think you are one of the few men that not only think in money... You think in the most important thing...You think in the success of the other people!. That's great!.
Now, I'm reading your new book... Why We Want You To Be Rich, with Robert Kiyosaki, I'm learning a lot of things from you, So yesterday I was asking for myself the next question:
If you will be president of the United States in the future, How will be your estrategic alliance (partnership) with China and India, to save the American Economics?... If I'll be an american citizen, if I'll write a book of you, and the title of book will be Why I Want You To Be President, Why it have to will come true?.
In some of your plans and ideas, there are something for my country Colombia?.
It was a pleasure for me, greetings and blessings for you Mr. Trump.
Architect,
Luis A. Chamorro O.
Omnilife Networking Group
chamorroortega@yahoo.es
Cali-Colombia
Recently I posted a question about network marketing. I asked and suggested that you give the opportunity to people everywhere in the world to market you and your products via the only way possible which would be by network marketing. Network Marketing is like taking a penny and doubling it every day for a month. I invite everyone out there to do the math on this and see what you come up with by the end of the 31st day. I invite everyone out there who would be interested in this opportunity to write Mr. Trump and let him know what this opportunity would mean to you. Feel free to write me also with your ideas and suggestions. If you are interested in the article I mentioned DISCOVER THE NETWORK MARKETING WAY TO WEALTH by Donald Trump and Robert Kiyosaki let me know and I will be happy to send it to you in word format.
All my best,
Sylvia
crowent@telus.net
My previous question that was approved has an error in it. My email address is misspelled. Could you please correct it or reenter the following without the above.
Dear Mr. Trump,
Recently I posted a question about network marketing. I asked and suggested that you give the opportunity to people everywhere in the world to market you and your products via the only way possible which would be by network marketing. Network Marketing is like taking a penny and doubling it every day for a month. I invite everyone out there to do the math on this and see what you come up with by the end of the 31st day. I invite everyone out there who would be interested in this opportunity to write Mr. Trump and let him know what this opportunity would mean to you. Feel free to write me also with your ideas and suggestions. If you are interested in the article I mentioned DISCOVER THE NETWORK MARKETING WAY TO WEALTH by Donald Trump and Robert Kiyosaki let me know and I will be happy to send it to you in word format.
All my best,
Sylvia
crownent@telus.net
the major companies in the world are americans ,what do you think about that,what the main reason for that?
I have watched every season of The Apprentice, and greatly admire the way you do your business. With your growing success, and clearly superior to the competition, and the expansion of your hotels and property's making the name "Trump" a globally common household name, how do you plan on competing in the competitive market of Real Estate especially in a place such as Abu Dubai, where your new grande hotel shall be going up, especially with Nakheel being the hometown hero with so many luxurious, and rare places to stay? And how do you plan to manage said property while you are residing nearly half way around the world?
CB- Edmonton, Alberta
I have recently saved $1000.00 dollars and was wondering what is the best way to invest this money?
Thank you very much,
Travis M., from Monetta, SC
My name is Cristina, I´m from Ecuador, I have read your book that you wrote with
Robert Kysosaky, is just amazing, all those advices gave me more energy to do what I want to do, I have some questions; I ´m planning with my family to buy an apartment, the budget is about 80000 dolars, we are going to ask for a loan to pay this apartment, and after that we want to buy two more apartments giving 15000 dolars that we have tto each one like an entrance , but in the first one my parents will live there fir this reason we are no going to rented,
I wanted to ask you this: ¿Is a good idea to buy the first apartment or to buy the next two and rented?
The target is to buy several apartments and rented , and get a whole building for us, and keeping on buying more an more
Thank you for your time
Cristina