Donald Trumps first deal?

Question

What was Donald Trumps first deal?

James Hiddle · Answer

From Wikipedia:

One of Donald's first projects, while he was still in college, was the revitalization of the foreclosed Swifton Village apartment complex in Cincinnati, Ohio--turning a 1200-unit complex with a 66% vacancy rate to 100% occupancy within a year. When the Trump Organization sold Swifton Village for $12 million, they cleared $6 million in profit.

Don Konipol · Answer

interesting tidbit.  i have no way to verify this information but here it is because it supposedly has been researched. if you took the trump families fortune in 1964 (earned by fred trump in middle income apartment bldgs in Queens and Brooklyn NY) and invested it in the average REIT, the family worth would be greater than the Donalds!  in other words, trump is all hype, passive investments would have done as well for the family fortune as Donalds Trump's investing prowess has.  However, the haircut and ego would probably be the same.

Account Closed · Answer

I propose that posts/threads be more centered on factual evidence in attempt/purpose of providing tangible material that educates us as members.

Comparing our situation to Donald Trump and wishing for golden spoons is a waste of thread and time. Let's be more  centered on development and the growth of our "higher learning". Not that I dont enjoy small chat or find myself dreaming every once in a while; just not here.

P.S. wikipedia is a great option for answers Philip Lilavois

Thank you.

Rodolphe Brun · Answer

It doesn't matter if he was born rich. What matter is that, he grew rich from richer.

Eliott G. · Answer

His first deal was being a member of the lucky sperm club(see Warren Buffett's philosophy about those who are born into wealthy families.)

Brian G. · Answer

Read The Art of the Deal.

Amanda Herr · Answer

I wish I was born with a silver and gold spoon on my hands and feet already.

Oh well, hope my kids and kids' kids will not suffer like me.  My kids are the first generation in America and I'm just the beginning.  LOL

Josh Green · Answer

that's the right attitude amanda! what u are doing today can and will make a better future for ur generations! nobody is gonna hand it to us, we have to do it for ourselves and our families!

Philip Lilavois · Answer

haha yeah all i know is it was some building in brooklyn but im sure someone on here is a big fan. i give him credit where credit is due but i wish the selfmade developers got as much recognition as the donald does. what to you think?

Nick J. · Answer

his father sold Donald's soul to the devil, in return made him  a billionaire.
                    
                    I wish my father sold my soul LOL!!!!
                    
                    no really, that would be interesting to know, I'm sure with enough research you could find the story somewhere

Donald Trumps first deal?

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