Donald Trump decided to write a book to explain to us how billionaires think and he did a great job and people are loving his book .(( after you reed this essay please
rate it !! thank you !!! In here are a few small things that he mention’s in his book
1) Do not take vacations. You need to enjoy your work and to make it fun
2) Have short attention spam.
3) Do not sleep more than you have to
4) Don’t depend on technology .if you have to say something to say call that person or tell them personally do not hide behind your email
5) Think of yourself as o one man army , you need to plan and execute every move you make
6) It’s often to your advantage to be underestimated
7)
Success breeds success. after you started to win people are used to this and it is more easy for you .if you are young and you didn’t had success yet , then you have to create the impression of success . It doesn’t matter if it is small or big you have to start with something and build on it
8) Friends are good but your family is better
9) Treat each decision like a lover
10) Be curious
An idea Donald Trump mentioned in the book more than ones it was that “he is the best and he works only with the best “
A billionaire it is attentive to all the details even when he rents an apartment because he is aware that an apartment is a big part of how you feel about yourself and it’s also a reflection of how others see you
When you rent a place it is better to hire a
broker because they**
know the
neighborhood, ** specific markets ** property values, pro and cons of the certain buildings** rules and regulations of pricing and rent ** the ins and outs of the actual lease
When you found something that you like walk a little bit around the neighborhood , and spend some time there , see what it is the pattern of the day , when the neighborhood wakes up and when it goes to sleep , what kinds of people are working and living there , and do not forget to check the neighborhood in weekend too
Pay attention to the surroundings and talk with the people because they like a lot to complain
Whatever you are buying you are
gone need a good attorney
v Look for referrals at any association bar
v Do not choose the attorney of a broker because he is not totally impartial and he is not gone advise you to cancel the deal because his friend the broker can loose the apartment
Mortgage Always check the market and bargain, but before you start doing that it is better to read o book about that or listing to some tapes
Information’s that you need to know if you are buying a house or a multifamily dwelling
Ø Seek accounting advice , lawyer , mortgage brokers
Ø Know the tax history of the property and any foreseeable tax hikes
Ø Look for hidden costs. make a cost analysis
And do not forget if the mortgage company it is not happy with some situation attached to the property , you should not be happy with it either .They have more experience that you and have seen other properties turn into nightmares once mortgaged
Ø Do not forget about title of insurance with it is very important
Ø Find a mortgage broker that can shop around for you and can tell you what are the hidden fees
Ø You can get a recommendations for a mortgage broker from friends or from your broker
Interest rate and down payments
§ it is safer to have a secured interest rate
§ it interest rate it is very low that means that possible fees are higher advice:::read the fine print .look for a low rate but remember the lowest rate may end up costing you the most
In this essay I tried to give you an idea about what this book is about but because it‘s all full with great advices you cannot really appreciate it until you read it. He offers advices on how to invest in real estate , cut costs and know how much risk to take with your investments , and not only that he is gone advise you how to treat and discuss you’re your employees he is gone explain to you how to find out if your friends are loyal to yyoou .In case you become a billionaire and you do not know on what to spend your money on he is gone give you some tips ( I do not know about you but I do not think that I am gone have a problem with spending my money my problem right now it is making those money )))Thank you and please please rate this essay !!
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