Page 24 - Trump University Commercial Real Estate 101
P. 24
TRUMP UNIVERSITY COMMERCIAL REAL ESTATE 101
If you want to buy stock in Starbucks, you ’ ll get the same price
whether you ’ re in Peoria or Pakistan. But there is no such central
clearinghouse for real estate deals. On any given day, hundreds of busi-
ness situations change in your town: Companies merge, expand, and
decide to relocate. Contracts are awarded, marketing campaigns take
off, and products get publicity. Other companies change hands because
the owner dies or retires. These events often result in a property being
put up for sale. There is no single way that happens. Instead, the prop-
erty may be listed by a broker, or an ad may appear in the paper. The
owner may be thinking about whether to sell when he meets someone
at a party and they strike up a conversation.
Sometimes the owner is out of state or even out of the country and
does not know any local buyers or brokers. Unlike that Starbucks
stock, this hodge - podge of a real estate market makes for great oppor-
tunities that were hidden yesterday, and lie uncovered today.
After you read and follow my system for attracting deals, two
things will happen: You ’ ll see a lot of worthless deals; and every so
often you ’ ll come across a real gem.
That ’ s why you can start from where you are right now, and make
a fortune in commercial real estate. Your marketing systems will
eventually find a gem that ’ s so good, no one will care that it ’ s your
fi rst deal.
Commercial Real Estate Will Open Up a Huge Segment of
Your Local Market That You Previously Avoided
Confining yourself to investing only in single - family homes is like
looking at your town through a drinking straw. The whole town is
there, but your view is incredibly narrow.
Once you are comfortable with my systems for investing in com-
mercial property, you ’ ll be throwing that straw away. Everywhere you
look, you will see opportunities that never occurred to you before. You
will have become a transaction engineer .
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