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As for Trump's net worth, it is very possible, perhaps likely, that at times it is negative.

His name is the only consistent source of revenue he had. He's always been in various stages of financial trouble, being president has helped him stave off creditors.

This simply isn't true. I suggest you do some more research on this. 

His presidency is the only thing keeping him afloat. Literally.

Lol. No. I'd say it's his considerable assets which have kept him afloat. Do you know how much Mar-A-Lago would go on the open market? Probably close to $100 million. Trump Tower in Manhattan? The dirt and air rights alone are probably worth over $500 million. He also owns 30% of the BoA building in San Fransisco. He owns almost 1,000 acres in Doral at his golf course. Do you have any idea what that is worth? Why don't you check out the commercial property values in South Florida. Lol. Any large national home builder like DR Horton or Lennar would pay stupid money for that land or even a large Florida-based regional like GL.

The guy has some primo assets. Believe it or not.

I doubt it's negative. Depends on how leveraged he is. If we are to believe the report he's got about $400 million in mortgages- well he's A OK. Trump Tower alone is worth more than that on the open market.

I merely noted it's possible for ANY real estate investor to have negative net worth at points in time.  I'd guess nearly all were there in 2009-2010.  He may well have much more than $400 million in loans, perhaps that figure is just what's due soon.

But, of course, banks simply refloat loans of that size.  

I know NYC real estate has dropped pretty hard of late, commercial, retail, and residential.  

We stopped by a sales office yesterday in our wonderings about that is next to a block sized development near us (one of several).  The sales folks were very "friendly" (duh) even though I explained we were just nosey neighbors.  


http://www.40west12th.com/

The least expensive unit is $865,000 for a 2 bedroom condo.

I think they have 64 units and claim they are selling fast (maybe).  I'm more than a bit concerned about the number of major projects going up near us.  They are all mixed use, meaning retail/office/residential.  The office expansion is a question for me as this city, like most, tends to over build just before a collapse.

When developments sit unfilled, obviously it hammers the bottom line, and property can lose a lot of paper value during that period.  We looked at one condo in Jacksonville that was offered at half the original price (it was still over $400 K) because they were being flogged to get the developer off the HOA expense and fill the building, which I'd guess had near negative value at the time (2010)?

This simply isn't true. I suggest you do some more research on this.

It's challenging to do research on that because he deliberately makes his finances pretty opaque.  It's been reported his companies have over a billion dollars in debt, and he is personally responsible for loans of 421 million.  I don't know what the tally is, and yes, he certainly has assets.  But I sure as hell ain't believing anything he is saying about it.

It's challenging to do research on that because he deliberately makes his finances pretty opaque.  It's been reported his companies have over a billion dollars in debt, and he is personally responsible for loans of 421 million.  I don't know what the tally is, and yes, he certainly has assets.  But I sure as hell ain't believing anything he is saying about it.

His company is a private company. It is not publicly traded. There would be no reason for us to know the finances of the company. How many private companies open up their books? Yeah, like none. 

Even if his private company has a billion in debt (which I doubt) - as long as they bring in enough revenue to service the debt- no problem. And the $421 million in mortgage payments due is not a big deal when you look at the assets. And as Cincy said- he ain't you or me. Every single bank he's got those mortgages with will refinance them in the drop of a hat- regardless of if he was the President or not. 

Much ado about nothing.