Quote:
Originally Posted by EbonyPays_Ryan
Actually he has started a new project in Atlanta. And is finishing one in Chicago.
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Sure - depends what it is, when the land was accquired, niche capability and longer term potential. There is also a difference between selling "homes" and constucting hotels or resorts. It's very hard to lose with hotels if the location is correct and the management/structure experience exists. They may be called hotels, but are really a long-term appeciating real estate asset while earning some money
They can, tho not necessarily, self-finance.
Got a friend who does this - he has around 400 international hotels globally and is still taking over an existing hotel operation in the US in staged phases - the price is right and they earn. It's almost like websites with "feeder domains" to feed traffic thru to the cash register. Instead, he's got 700 travel stores which feed traffic to the hotels. Trump is playing much the same game - but appears to be angling towards his "image" more and concentrating on exotic locations - Dubai, Panama etc where his capital appreciation is far higher than any industrialized country.