- Always keep your options open
- Cover your downside and improve it the best you can
- Ask a lot of questions
- Don’t rush a deal, but don’t delay the signing of final paperwork
Chapter Seven of Trump’s The Art of the Deal goes into detail about the dealing required to make his famous Trump Tower possible.
Put yourself in the action.
That’s how Donald Trump made his first real estate deals in Manhattan.
In 1971, Trump moved into a Manhattan apartment. He began to learn the city and it’s real estate. He talked his way into a club membership at Le Club, where he has the opportunity to rub elbows with future business associates. As a non-drinker, Trump figured he had an advantage in business when he saw how hard the Manhattanites drank. Continue reading “Trump’s Real Estate Coups during Manhattan’s Budget Crisis”
In Chapter Three of The Art of the Deal, Donald Trump introduces us to his father Fred Trump. Continue reading “What Donald Trump learned from his dad Fred”
Donald Trump’s The Art of the Deal covers a week in Trump’s real estate development business, while also telling wide-ranging stories about his business dealing. First published in 1987, it’s fascinating to read about the development of New York real estate and Trump’s own style of negotiation.
The man is incredibly lucky to come across some of the deals he has. That, or he knows how to play his cards, and he wrote the book on it. Continue reading ““I do it to do it.” Trump’s Art of the Deal“