Who did Donald Trump get to invest in his real estate ideas so he could make money?
Thursday, 29. July 2010
Also how would I GET A PRIVATE investor to loan me money for property? It would never be a good deal for the investors would it? Say you take where I live if you spent 1 million you could buy a 10 room apartment complex and if you rented it it would generate about 5,000 a month. Now pretend I wanted an investor to get me the million to build them and let’s say I own the property but am just paying for the building. Pretend I gave him 4 thousand of the five for say 10 years that’s 480,000 dollars return so far but let’s also say after that 10 years the security he bought turns into equity but it is still only worth 500,000 since half so the investor wouldn’t get any return 
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Leo Lion Says:
To answer your question…Donald Trump floated stock on his casinos, and then filed for bankruptcy, and left the stockholders holding worthless stock.
If anyone should be fired, should be Donald Trump.
lasts4hours Says:
First of all The Donald got a lot of his money from his Daddy. For your real question you can not get investors to give you 100% financing and 100% control too. The type of speculators you will be talking about will lend at most 60% leaving you to supply a healthy $400,000 in this case, you will pay a lot more than $5000 for that $600K too. You will pay more like $8000 per month on 10 years for the PI the TI will be on top of that. you will also have to pay for maintance and repairs not covered in the purchase agreement. You arealso looking at a market that is depreciating so your collateral will be shrinking and your creditor may reserve the right to call on demand the difference to keep you at a 40% stake in the property investment. Simply put you are the little guy and they are the big fish. if things go wrong you will be serving yourself as dinner.
gregory_dittman Says:
Donald Trump started out with money and if you didn’t know the phrase, here it is, "The first million is the hardest."
Donald Trump has a lot of things going so it’s not all in real estate. For instance he owns the Miss America pagent. He also sells books and seminars and everytime he is a public speaker, he gets paid tens of thousands of dollars by the promoter. This adds up since he is in his ’60s I think.
Donald Trump also abuses his company. He keeps the profits on all those transactions and dumps the loss onto the company. Originally he got his money though bond holders that gave him money to do large projects such as major towers and casinos. These were multi billion dollar projects. He skimmed money off the top as and real estate agent would. These projects as a whole didn’t pan out so the company was losing money. Trump refused to pay the bonds and the company went bankrupt as the bond holder finally said enough and took the company to court. I don’t think Trump made much in the form of new money after that experience as the big players didn’t trust him any longer. The company went bankrupt again recently.
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