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 * 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!
Probably the best book on real estate investing that i have read thus far - in terms of residential and small income producing property. Gary Eldred really knows his stuff. Besides the usual stuff about fixer uppers, the book gives a lot of great ideas about switching property uses and how to focus on certain customers. IE: buying as an apartment, but converting to a condos or buying a house and converting to a senior retirement home, where they pay more rent.
Eldred's Beginners Guide to Real Estate Investing is a lot more dry. This book was dry too, but the information is very useful. I would give this 4.5 stars. A must purchase if you want to learn and further your understanding of real estate investments.
Learned several points from the book, which I incorporated in my training module. Training turned out to be a success since my sales teams practised what they learned and produced several millions in sale, so it's all good :-)
It took me a long time to pick this book up off of my shelf and finally read it. I suppose I thought it would be more like studying and less an enjoyable read. However, this book really surprised me. While the book is mainly about buying and selling real estate, which is of course interesting, I thought it would be solely about the subject but it actually contains some really good lessons and advice for any type of business. As a matter of fact, it was full of positive comments and self improvement tips that could apply to any situation in life. As a small business owner I feel like I can put much of the advice to work for me, even though I don’t work in the real estate field.
I was expecting it to be a step by step guide on how to buy houses and rent them out or sell them to make profits but it was just waffling and motivating the reader telling people why they should invest in the real estate business. The trump university is a crooked school that is set out to rob poor people who lack business knowledge by selling them dreams and not showing them how to really make money from the real estate business. These millionaires and billionaires don’t want people to know their secrets to success as it will lead to them having too much competition in the business industry.
Real Estate 101 definitely has a target group of readers, but this book is a valuable one for anyone in or looking into the real estate industry. Eldred goes through everything, starting with the mindset all the way to investing; President Trump is quoted often and provides some good insight into the field. This may be a turn off to some because of the cover, but it had many collaborators that did a great job with the book.
After reading Donald Trump's books "The art of the Deal" and the "Art of the Comeback" I picked this book up. It looked more like a text book or how-to so I was excited to dive in after reading his biographical style previous books. It sat on my shelf for a week with that big Trump name sparkling in gold and his face on the cover. I finally got around to reading it and realized he wasn't the author but only had written the foreword. Robert Kiyosaki slaps his name on purple and black books in a similar way as Trump but I think he has been a bit more successful at this branding. I find this practice somewhat annoying but I have to hand it to both of them at getting the most out of their brands. I hope to one day have other people write books and slap my name on the cover to sell more copies.
So, after ten minutes of feeling tricked by Trump I flipped through and decided to give Gary W. Eldred a shot. He didn't disappoint in fact he did a fantastic job. As I read more and more real estate books this one surely did have a lot of overlap, but it did excel at making me think about re-purposing houses in a way that would make them more profitable. His thoughts on market segments in Chapter 7 were new to me, and will help me make money in the future. I'm especially referring to the part about college students and seniors. I see these as two rapidly expanding segments and so do the authors.
Also I've been guilty of focusing solely on price and not paying attention to some of the other deal points like available financing included in Real Estate deals so this was a good reminder. Using the Comparative Sales, Cost Approach, and Income approach is nothing I have not seen before but using them all together to create an Estimated market value is a logical extension.
In the end this book made me smarter, and isn't that what all books are designed to do? I'm going to keep picking up Trump University books even if they aren't actually written by Donald himself.