How Do You Become A Real Estate Tycoon Like Donald Trump?
Donald Trump, one of the richest and most recognizable real estate developers in the world, amassed his fortune through bold and risky financial moves that earned him a reputation as a maverick. While he has lost and rebuilt his fortune more than once, he is known for his celebrity lifestyle, his distinctive and dominating personality and his haircut. Step 1 Work for your father and learning as much as you can about the business along the way. Trump started by focusing on mid-level rentals in suburban New York City and proved to his father that renovation and remodeling could result in higher occupancy rates, therefore increasing profits. Step 2 Take advantage of current trends in the real estate market. Trump began to build his fortune when he started concentrating on the Manhattan real estate market, and profited from tax cuts offered when New York City experienced financial problems in the 1970s. Step 3 Build your real estate empire by taking over government-funded renovation projec
