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100 Top Experts Share Their Strategies

INTRODUCTION

I've wanted to write this book for years.

Anyone who's observed my career is aware of my real estate strategies. while very successful, my real estate business doesn't cover everything that's happening in real estate. What I know, I know well, but I don't have a monopoly on good ideas and real estate wisdom. I can't know everything. As Susan Penzer points out, underlying my success in my "ability to gather the best information from the brightest people in real estate. They share their experience, the lessons they've learned from others and the lessons they've learned from the mistakes they have made and almost made.

"the Best Real Estate Advice I Ever Received is sage wisdom garnered from one hundred leaders in the field of real estate-the kind of information and wisdom you can get only from a lifetime of experience.

In this book, you'll find tremendous insight based on positive experience and lessons learned the hard way by real estate moguls from around the country. These men and women tell you what they have learned.

Taken from the introduction page for

The Best Real Estate Advice I Ever Received

by Donald J. Trump

RUTLEDGE HILL PRESS

CHAPTER

1 Arthur L. Allen, CEO Allen Systems Group

BUY WHERE THE WEALTHY LIKE TO PLAY

2 Adina Azarian State of New York RE Board

DON'T BE AFRAID TO INVEST TIME

3 Roger Barnett CEO Shaklee | Founder Beauty.com

BUY THE BEST

4 Thomas J. Barrack Jr. CEO Colony Capital


FOCUS ON RESULTS

5 Monda Bassil President, Prestigious Properties, NY

LISTEN TO YOUR CLIENT'S NEEDS

6 Douglas Baumwall Collins & Collins Investments

TARGET GROWTH AREAS, AND TRY NOT TO SELL WHAT YOU OWN

7 John Bearden President & CEO GMAC

WORK WITH PROFESSIONALS YOU TRUST

8 Frank G. Binswanger Jr. Chairman Binswanger Company

ALWAYS DO THE VERY BEST YOU CAN

9 Steve Bollenbach President and CEO Hilton Hotels

FOCUS ON LOCATION AND EXECUTION

10 Robert Boykin CEO Boykin Lodging

DEVELOP IN AN AREA WHERE GROWTH IS COMING

11 David Brause President Brause Realty

MAINTAIN YOUR INTEGRITY; BE PATIENT; DO YOUR DUE

DILIGENCE DEPEND ON LOCAL PEOPLE

12 John Brown COO Express Auction

REAL ESTATE AUCTIONS OFFER BENEFITS TO INVESTORS,

WHETHER THEY ARE BUYING OR SELLING 23

13 Robert J. Bruss, Author, California Real Estate Law

INVEST IN SINGLE FAMILY HOUSES

14 M. Anthony Carr, Author, Real Estate Investing Made

Simple

A COMMONSENSE APPROACH TO FORECLOSURE PROPERTIES

15 Rich Casto, Columnist for Realty Times, Broker Agent

Magazine

CHOOSE A REAL ESTATE AGENT WISELY

16. Phoebe Chongchua, Guiltinan Group, San Diego, California

FIVE PRINCIPALS TO SUCCESS`

17. Frank Cook, Author "21 Things I Wish My Broker Had

Me"

LISTEN TO YOUR TELEVISION

18. Barbara Corcoran, Founder, Corcoran Group, New York

WORK WITH WHAT YOU'VE GOT

19. Richard Courtney THE FIRST OFFER IS USUALLY THE BEST

20. Lester Crown CHOOSE A GOOD PARTNER

21. Gil Dezer ADD VALUE TO YOUR REAL ESTATE INVENTORY

22. Thomas E. Dobrowski CHOOSE A TRUSTWORTHY PARTNER

23. Crosby Doe SUCCESS IN REAL ESTATE COMES THROUGH HARD WORK AND DIRECT SALES CONTACTS

24. Marc Ellman APPROACH THE BUSINESS WITH CANDOR AND FORTHRIGHT DEALING

25. Blanche Evans DON'T FOLLOW THE CROWD

26. Michael Fascitelli EMPHASIZE QUALITY AND BRANDING

27. Debbie Ferrari MAKE THE MOST OF THE INTERNET

28. Robert L. Freedman AIM HIGH AND TRUST YOUR INSTINCTS

29. Doug Frye EMBRACE CHANGE

30. D. Kent Gale TREAT PEOPLE WITH RESPECT

31. Stanley C. Gale MAKE INTEGRITY YOUR REPUTATION

32. Jim Gillespie NEVER SELL INVESTMENT REAL ESTATE; TRADE IT

33. Lewis M. Goodkin PAY ATTENTION TO DETAILS

34. Gary Gorman MANAGE YOUR TAX PAYMENTS

35. George E. Grace ALWAYS NEGOTIATE

36. Harvey E. Green BELIEVE IN THE MARKET

37. Jeffrey Gural ALWAYS HONOR YOUR DEALS

38. Andrew Heiberger TODAY'S RENTER IS TOMORROW'S BUYER

39. Dorothy Herman OPPORTUNITIES ALWAYS EXIST

40. Thomas J. Hutchison III

41. Thomas J. Hynes Jr GET INTO THE COMMERCIAL REAL ESTATE BUSINESS

42. Erez Itzhaki NEVER SHOW EMOTION; BE PATIENT; WORK HARD; AND CREATE VOLUME

43. Charles Jacobus KNOW WHEN TO ANTICIPATE OPPORTUNITIES

44. Ozzie Jurock WORK TO GET A GOOD DEAL

45. Bruce Karatz TAKE CAREFUL RISKS AND HAVE FUN

46. Craig King CAPTURE THE BUYER'S IMAGINATION

47. Michele Kleier PROTECT YOUR CLIENTS

48. Robert A. Knakal PICK AN AREA OF SPECIALIZATION

49. Tom Kunz YOU MAKE YOUR MONEY WHEN YOU BUY REAL ESTATE, NOT WHEN YOU SELL IT

50. Leonard Lauder LEAVE YOUR EMOTIONS AT HOME

51. Stephen Leopold FIND A NEED AND FILL IT

52. Pamela Liebman CAREFULLY CONSIDER GROWTH POTENTIAL

53. Dave Liniger CONTROL THE INVENTORY

54. Terry J. Lundgren THINK AHEAD AND BELIEVE IN YOURSELF

55. John J. Mack NEVER BE GREEDY

56. Harry Macklowe LISTEN TO YOURSELF

57. Bernie Marcus GO WITH YOUR GUT

58. Elias Masri NEVERCLIENTS

59. Richard Meier CHOOSE EXCELLENT DESIGN-AND GOOD PLACEMENT

60. Daniel F. Miranda MANAGE YOUR RISKS AND MAXIMIZE YOUR RETURN ON INVESTMENT

61. Kim Mogull MY FAVORITE "KIM-ISMS"

62. Bruce E. Mosler GO WHERE YOU'RE NEEDED

63. David Mossler THINK LOCATION-AND HONESTY..........................

64. Terri Murphy BUY-AND WAIT...

65. Joshua L. Muss ASSESS YOUR RISKS............................

66. Enrique Norten SEEK OUT GOOD ARCHITECTURE.....................

67. Elan Padeh REMEMBER THAT REAL ESTATE IS A CYCLICAL BUSINESS.......................

68. John M. Peckham III IN THE FUTURE, EVERYTHING WILL BE VERY SMALL AND VERY FAST!.

69. Susan Penzner KNOWLEDGE, ENTHUSIASM, INTEGRITY, AND HARD WORK.......................................................195

70. Jorge Perez BE OBJECTIVE; BE REALISTIC; ALWAYS LEAVE SOMETHING ON THE TABL

71. David Picerne STOP TALKING AND GET IT DONE!................................

72. Robin E. Prescod DON'T LET THE MARKET CONTROL YOU....................

73. Bill Rancic LEARN TO RECOGNIZE VALUE........................203

74. Henry Robbins BUY LAND AND BANK IT, BUT DO YOUR HOMEWORK FIRST........

75. Phil Ruffin EIGHT RULES OF REAL ESTATE SUCCESS...............

76. Peter Sabesan SOLID SALESMANSHIP, AN ENTREPRENEURIAL SPIRIT, AND YEARS OF EXPERIENCE

77. Henry Savage NEVER LOSE PATIENCE.............................

78. Ronda Savoy KEEP AN UPBEAT ATTITUDE.................................................................................214

79. Stephen Shapiro THREE STEPS TO HAPPY CLIENTS........................................................................216

80. Michael Shvo SEVEN STEPS TO SUCCESS.............................

81. Larry Silverstein PROCEED WITH PASSION-AND INTEGRITY!............

82. Rand Sperry TAKE A PROFIT AND MOVE ON....................

83. Norman Sturner KNOW YOUR MARKETPLACE

84. Robert E. Sulentic WORK HARD AND FOLLOW THROUGH...............

85. Stefan Swanepoel COMMIT YOURSELF TO WINNING................

86. Emily Tannen DON'T JUDGE A BOOK BY ITS COVER...............................

87. Robert S. Taubman THREE LESSONS FROM MY FATHER..............................

88. Joseph Thanhauser TRUST, TIMING, TERMS, AND TRUTH..............................

89. Richard Thompson DEVELOPING A SUCCESSFUL HOMEOWNER ASSOCIATION.........

90. Jonathan M. Tisch FIT BUILDINGS TO THE COMMUNITY..........

91. Marjorie Torres GROW STRATEGICALLY

92. Donald Trump Jr. THERE IS NO SUBSTITUTE FOR PASSION

93. Ivanka M. Trump BUILD YOUR REPUTATION CAREFULLY

94. Steve Van Amburgh HAVE FUN AS YOU'RE PROFITING

95. Leo F. Wells III FOCUS ON QUALITY

96. Brett White KNOW YOUR EXIT STRATEGY BEFORE BUYING

97. Ken Wilson DEAL WHEN YOU NEED TO DEAL

98. Scott A. Wolstein WALK AWAY IF NECESSARY

99. Rob Zache FIVE RULES FOR SUCCESS OF YOUR BUSIN

100. Mortimer Zuckerman BUY LOW, SELL HIGH, AND DON'T BE GREEDY


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