Trump says US Real Estate Less Popular with Foreign Investors
I read an article where Donald Trump was quoted as saying:
“The problem that I see with the United States is that we’re no longer respected, we really aren’t,” lamented Trump, pointing out that there is plenty of blame to go around, starting with the political leadership. “I think that [perception] can be changed. We have the greatest people, the greatest businesses”
Now, Trump may be correct about less foreign investment in US real estate, but it’s not because we’re “no longer respected”. That’s complete crap. Whether we are respected or not, is not what determines how an investor invests. It really has to do with Poor Marketing. Now, the US government is certainly to blame for part of it.
For the rest, if you want to sell your property, you have to market. And in a time of tight credit, you have to market harder. That means understanding in detail your target market. And then with laser like accuracy, inundating that group with super-effective marketing campaigns.
So, stop worrying about what everyone else is doing or thinking. Focus on increasing the power of your marketing.
Richard Odessey has been investing in Real Estate since 1999 and have bought, managed and sold over $5MM in assets over that time period. He has created a national network of RE investors that are a source of continual on-the-ground intelligence. Richard has also developed unique and proprietary tools to zero in on only high profit-low risk transactions.
[...] I read an article where Donald Trump was quoted as saying:… Source: Trump say US Real Estate Less Popular with Foreign Investors [...]
Hello Richard,
Good article, what are you recommending to get homes sold?
John Holloway
801-561-8100
Thats strange. I am getting alot of foreign interest directed toward my website and not just for the mortgage and real estate related products and services but properties as well. Commercial as well as residential. I am currently building relationships with the mortgage related associations in the UK and Canada and its been a great source for information exchange and business building.
Genea I am curious to know what exactly are you doing to get foreign investors interested enough to try to reach you?
I say this because I want to build my private lender network because I want to start buying and holding a lot of discounted properties and since the
banks are scared to lend I have to be creative.
I am looking forward to hearing your input.