Page 232 - Trump University Commercial Real Estate 101
P. 232

11











                                         Use a  Time Multiplier





                     Some things don ’ t change when you become rich. Time, for instance.
                   When you ’ re a working stiff, trying to break out of the 9 - to - 5 exist-
                   ence, it ’ s easy to lament:  “ I just don ’ t have time to do anything but
                   work and sleep and work again. ”
                         When you ’ re rich, your time is really no different. It ’ s true that
                   you can afford many assistants and specialists, but you may still lament,
                     “ If I only had more time, I could do  so - o - o  many more deals. ”
                         Earlier we discussed your  money multipliers — all the fi nancing

                   sources available to you, so that you can get more deals done. We ’ ve
                   also covered the key members of your team.
                         Of all those key members, one specialist has the potential to
                   advance your real estate career more than any other: It ’ s your property
                   manager.
                         I don ’ t want to get too galactic on you here, but think about it: An
                   effective property manager allows you to transcend both time and
                   space. Not only does that company do the day - to - day work to keep
                   your property running smoothly, but it can happen 2,000 miles away
                   from you.
                         These companies are true time and wealth multipliers, and deserve
                   a whole chapter of their own.






                                                  212






                                                                                 10/14/08   11:28:24 AM
          c11.indd   212                                                         10/14/08   11:28:24 AM
          c11.indd   212
   227   228   229   230   231   232   233   234   235   236   237