I am utterly fascinated with what is going on in Dubai. The engineering they’ve executed to create this “eighth wonder of the world” is beyond my comprehension. They are making it look like an ultra fantasy land over there.

Below is a paragraph from one of their web sites and a link. If you want to see some true beauty and economics and engineering at its finest, please click here .

Launched in 2001, The Palm Jumeirah is the icon that captivated the world’s attention. The first chapter of The Palm Trilogy, The Palm Jumeirah is known as the eighth wonder of the world. Helping solve Dubai’s beach shortage, the island has doubled Dubai’s existing coastline and will also double the number of beachfront hotels in the city. Along with world class residences and hotels, the island features unprecedented retail, exceptional leisure and premier entertainment options. It is expected to welcome 20,000 visitors a day. A monorail, the first of its kind in the region, will transport passengers conveniently to a variety of island locations. Fast becoming a reality, The Palm Jumeirah is Dubai’s celebrated landmark and international attraction.

Location: Jumeirah, Dubai, United Arab Emirates

I will periodically post on Dubai as I am just simply fascinated with it in every aspect…from the real estate, the development, the engineering, the majestic beauty, their economy, the culture, their intelligence, their foresight to increase their beach frontage by literally making land in the ocean!  Get out of here man!  Like who literally “makes” land!  I’ve never heard of such a concept.  It’s all mind-blowing to me.

If anyone has been to Dubai or has some first-hand information, I would LOVE to hear from you!  I would love to have a contact over there who can answer some questions for me.  So again, if you know of anyone or have a connection that I could contact, please let me know. 

One day I plan to do my writings while sitting in my lovely villa in Dubai.

PHOTO OF ONE OF THE FRONDS - Beachfront property!

 

PHOTO OF DUBAI PROMENADE (below)

 

 

  Here's a video. It's a little over a minute to watch and shows about 30-plus magnificent photos of Dubai.

You need to a flashplayer enabled browser to view this YouTube video

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According to the Landscape Magazine (Cushman & Wakefield), Global financier, George Soros predicts that the world economy could be facing the worst recession since World War II.  But real estate tycoon, Donald Trump, claims his business has never been better in spite of this current market.  He says his properties are doing extremely well. 

Considering he recently headed over to Scotland for business related to his newly planned golf course, the Trump International Golf Links at Balmedie, it would appear that his business is indeed doing very well.  He already has five golf courses.  This will be his sixth!  And it is costing just over a billion and a half dollars. 

Another super-duper cool and exclusive project The Donald has going on is his hotel in the Middle East; Dubai (A place I dream to go one day) to be specific.  Dubai is HOT-HOT-HOT in more than just the weather. Their real estate is sizzlin’ over there.  The Donald claims this to be the best location in all of the Middle East and I’m thinkin’ he should know, right!  This masterpiece is called The Trump International Hotel & Tower.  It is a hotel and residential complex planned for the “trunk” of the Palm Jumeirah and he has a sweet $600 million invested in this so far. 

Here’s the link, take a peak. It’s amazingly beautiful!

Stay posted for more on The Donald. He is one of my faves in the real estate world so I will talk of him often. He just keeps raisin’ the bar and takes real estate and architecture to another level like no one else can.  He is simply phenomenal.  I will follow all of his major projects, sales and success on this site.

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This is a BRAND NEW proprietary strategy.   Anyone who holds their real estate in an LLC needs to read this information!

Here’s what has happened….

 

·         Freddie Mac has just changed their rules to NOT allow refinances if the property has been in an LLC at any time for the past 6 months.

·         Fannie Mae is expected to follow suit.

 

If you have your property in an LLC, you have a few choices:

 

·         Leave it in there and realize you probably won’t be able to refinance.

·         Pull it out of the LLC and lose all asset protection.

·         Use a Trust Sandwich™ to protect the property and keep the lenders happy.

  

 To read more click here. 

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Cha-Ching, Cha-Ching Baby! The dude ROCKS does he not?!!

Despite the weak housing market, not everyone is feeling the pain, including Donald Trump who recently made a killing selling a home in Palm Beach for a reported $100 million.

I know some of you may be thinking this is the famous Mar-A-Lago home in Palm Beach, but think again. This is yet another home owned by the real estate tycoon aka “The Donald”. He bought this home 2 years ago in a bankruptcy sale. He paid a hefty 40 million at that time but considering he sold it two years later and he more than doubled his money….now that’s a sweet ROI!

I have a video to show you of this magnificent mansion and for those of you that might not want to view the video, go ahead and scroll down to view the photo.  Either way man….ya gotsa take a look at this ocean front spread.  It’s one of a kind!

Click here to view the video of this spread! Compliments of Forbes.

Here’s the photo
 

“The Donald” is interviewed by CNBC…

Click here to see the video interview of Donald Trump with CNBC.

In the interview Donald Trump talks about our economy on the national level and global level. He also throws some words about the sale of this house and mentions that this was not a distress sale…and in fact was paid for!

While Trump concedes that the housing market is still weak, he states that he thinks things are about to turn a corner.  While expressing his optimistic opinion in the US housing market, he also displayed much disappointment with our oil crisis.  If you listen to the above interview with CNBC, you’ll know what I’m talking about!  He says the oil tycoons are laughing at us Americans!

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