2006-11-28 07:14:50 · 2 answers · asked by Elay 2 in Business & Finance ➔ Renting & Real Estate
No, they are overpriced. Trump is selling you the condo at prices that are double or even triple for the area. You are buying a name. The assessments we'll be high as well. Consider what you can get elsewhere. Trump properties are for people who won't leave for a while.
2006-11-28 07:23:42 · answer #1 · answered by Your #1 fan 6 · 0⤊ 0⤋
It really depends on your market. I'm from NY and in NYC his units are like gold. They are really cream of the crop , the type of buyers are high end and some even celebrities such as Derek Jeter. NYC real estate is one of the premier markets and space is very scarce. I think he owns three condo buildings. If you can buy one and rent it out for a few years you will definitely make money.
2006-11-28 17:41:48 · answer #2 · answered by tianaramal 4 · 0⤊ 0⤋