Testimonials

Starting small, but still a great deal!

After the Trump Institute Seminar, I met a woman in the class who was looking to sell her business, a private hair salon. I had no experience in the hair salon business, but was confident if the numbers made sense I could learn pretty quickly. Within the following week I met the seller at the property and negotiated the sales price down from $55,000 to just $7,000! Shortly after that I was approved to take over the lease by the property manager at a monthly rate of $780. It took me just 3 days of running a free local ad to find the perfect tenant for the salon; I collected a $2,000 security deposit and $2,000 per month thereafter. I only spent $300 painting a wall and installing a new sink, and the place was up and running 2 days later. The new stylist is so overjoyed to be working in her own private salon that she offered me $30,000 to purchase it from me before the first month was through. Additionally, the tenant and I split the profit on all hair products sold within the salon, an average of $1,000 per month! Totaling $2,500 of income per month (rent + sales) to me, on a property that has a combined monthly cost of only $900!

"Personal Results; Yours May Vary; Results Not Typical"

Had I not attended the Trump Seminar that weekend I never would have met the previous salon owner, it’s safe to say my experience at the Trump Institute seminar paid for itself. Now that this asset is profitable and self sufficient, I have more confidence to turn my attention to bigger and better deals.

Lynn Shepard
San Diego, CA 92168