Managing Real Estate Investment Property

Real estate investment is indeed expensive, thus with that large amount of money involved there is a need for a proper real estate management. You need to know what it takes to be in the real estate business, know how to expand and innovate. Turn every risk into opportunity. Your brilliant ideas will help to be successful in the field of real estate.

For more info visit: http://personalmoneystore.com/moneyblog/2009/07/21/c-street-house-fam...

To you Trump and to your terrific family. All of you shall continue to prosper.

I agree with you. "The Art of the Deal" is a book full of wisdom. It is raw truth and you really tell it like it is. And in so doing, you reveal yourself as you are, a very honest, well-educated, street-smart, tough, high-powered, fully-loaded, iconoclastic "man of and for the people." A multi-billion dollar fighting businessman who accepts no bull from anyone. Your father taught you well. It is a very unique, informative and refreshing book. A "must read."

Sincerely, your friend
Dr. Nimrod

Business smarts and people smarts turn out to be so important.
And yet elementary school and high school do not teach anything within these categories.

Dear Mr. Trump,

you were perfectly right stating that in crisis periods there are great opportunities for people involved in RE business. I just have an example, a hotel in Romania, on The Black Sea Coast, Riviera is it's name fully operational promoted at 15.000.000 eur. It is a very good opportunity for a savvy investor because it's a running business with good results. Details here: http://www.kbcrealestate.ro/en/Hotels---Mansions-Hotels-in-Mamaia-Iaki-H
otel-Riviera--Mamaia--Black-Sea-Coast-for-sale.

Thank you,

Adrian

this book change my life,I was at my frist year in college studying business and want to give up,but when I was at library I found that book,with my age I thought Why not read this?
I read and really I love management,its an inspiration,for evry people that waht to have sucess in this carrer,wisdon advices not for business but for life,I realize that sometimes you have to be different ,honest and have character to be well in life,that was the only book the author is sincere and share his secret Trump you are a great pearson,not just a great business man

Start right now rather tomorrow.. This will always be my guiding principle. If only mr. Trump can visit the Philippines, I will show him what a beautiful country this is.. "the lord is my shepherd; I have everything I need."

Hi Mr. Trump, thanks for the tip, I refer back to my copy of your book all the time. I even use it to settle arguments with friends that are investors. For current info about real estate investing I read this blog and also the Real Estate Foundation Investment Blog at http://www.therealestatefoundation.com/

This is surely a best-seller . Over 85 user comments and almost everyone rated this 5 star..

I'm getting a copy

Nadia, <a href="http://www.babyheartbeatmonitor.co.uk/">Baby Heartbeat Monitor</a> research

As a prominent property manager on the Internet and in several professional property management organizations I get this question frequently.

My first response is usually "Why do you want to get into property management?".

Depending on the answer, I follow up with EDUCATION! Property management is one of the most litigious businesses there ever was. I suggest they first read books by people with experience like Mr. Trump, I also suggest they look into organizations that offer training in their specific field of interest.

If they are interested in residential, then The National Association of Residential Property Managers (NARPM) is a good place to start.

If they are interested in Commercial then The Institute of Real Estate Management (IREM) is a good starting point. Both of these organizations offer training and certification in the fields of property management.

As a young man I had free rent while attending college by securing a position as an apartment manager. The pay was not great, but free rent and utilities is a big chunk of change for a college student. From there I sought education and eventually became a real estate broker.

Property management is a 24/7 job, until you get to the point that you can hire someone to take the load off. The hours are long and you will likely find that the profit margins are slim.

I was told pick a niche and do what you do best, but I have found that by having a diverse portfolio of property, both residential and commercial I have been able to weather many changes in the economy. By combining real estate sales with property management I have been able to be a great asset to real estate investors looking for Turn-Key investments.

By continuing to stress ethics over profit, and by not competing with my clients (I do not buy investment property) I have kept a solid and golden reputation.

Many investors find that they are great at investing but not so talented at management, in which case they hire a professional property manager.

Real estate investment and property management must be run as a business, the moment you take it to a personal level with a tenant you become a charity!

D. Ben Edsall
Broker – ARM, AEREP
Turn-Key Properties LLC
7312 E 67th St.
Kansas City, MO 64133
816-313-8876
http://www.turnkeyproperties.org
http://www.batescountyrealestate.com

Real estate investment is indeed expensive!!!!

I've suffered high and low in real estate investment as a small investor. I've made my hundreds during good times and lose the same when real estate plummeted. Despite of being bitten once when everyone discouraged me not to get myself burn again, I decided to step in again. It's essential to apply potential unforseen risks to any investment. Alot of people will said that good foresight stand 60% and luck 40%. We can dispute with that by making sure you do your home work well by understanding the market fundamentals and trends of the micro and macro environment. It is also essential to apply potential risk factors in any form of investment to minimize any unforseen slap on the face. Any form of paper loss is not a loss unless you actualize your magin.

I don't know anything about investing or anything. I just know I need to pay off debt and I was thinking of buying real estate and renting. There is a house I am interested in. I can borrow against my 401K for the downpayment. If the house is reasonably priced and I decide to buy it, I would take out extra to pay off my debt. Owe nothing to any of my creditors and buy the house and rent it out. It would be a start. My take home pay a month is about $3000.00. Can I do this? I am going out on a whim. I live in a good area in Connecticut and we have no problem renting the place. is this a good idea and investment or a bad idea to get out of debt.