Trammel Crow, Master Builder

The Story of America’s Largest Real Estate Empire by Robert Sobel — BOOK SYNOPSIS, REVIEW AND NOTES

This expensive book was brandished as one of the top go-to books in the office of Gary Keller. It’s a powerful business-oriented biography of the founder of America’s largest real estate empire, Trammell Crow. He created many of the most notable real estate projects in the United States during the sunbelt boom decades of the 1950s to 1980s, making him the most successful commercial real estate developer of our time, and one of the wealthiest men in the world.

Trammel Crow, Master Builder takes you behind the scenes and back to the birth of the company, now part of commercial real estate giant CBRE. The book traces the company’s meteoric, challenging rise. Unliked most biographies, it includes a great deal of educational analysis of the managerial methods developed by Crow. and his company, while it reveals the personality and philosophies that led to one of the most successful business operations in history.

Crow added significantly to the skylines of Dallas, Atlanta, San Francisco and many other cities of the West Coast and South. The book explains how he transformed his one-man operation into a modern global corporation. This biography is jam packed full of field-proven business tactics and strategies for entrepreneurs in the commercial real estate industry. Here are some of Trammel Crow’s success principles:

  1. Whatever your industry, learn accounting first!
  2. Put yourself into the right place at the right time. Go where the money is — and the growth.
  3. Partner with extremely honest and capable people. Reward them exceptionally well for their contributions.
  4. Always turn failures into successes, or make them stepping stones to bigger success.
  5. Work in a big and growing industry.
  6. It’s OK to hire young, inexperienced if they have brains and character.
  7. Continuously reduce overhead, streamline operations and reduce bureaucracy.
  8. Do not dilute shares of original partners.
  9. Don’t Tinker with an old Golden Goose.
  10. Always have cash on hand to buy under-valued properties. Sell them when opportunities are ripe, when the market for them improves. 
  11. Always be ready to take advantage of changing markets,  changing economy and changing government regulations. 

It’s no wonder that this is a favorite of Gary Keller, founder of Keller Williams. This book reads like a biography, but also as a practical how-to for building a real estate empire. It’s a pricey oldie, but goodie classic with timeless, priceless property industry principles.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Hottest Real Estate Neighborhoods in America

Where are the most American homes selling fastest?

Top 50 Hot Property Markets in the United States — REAL ESTATE NEWS

Want to know where people are moving to? Below are the Fifty Hottest Zip Codes with City and Metropolitan Area reported by Realtor.com. Notice that Los Angeles and most other major metropolitan cities are not on the list. Many of them are in safer remote suburban areas, larger lots with more land, in lower-tax Republican-dominated areas and residential communities that are considered a refuge away from dense, crowded cities. Many near parks, zoos and other beautiful geographic features, these “hot” real estate markets are actually beginning to cool a bit. The nearest hot markets to Los Angeles today are Bakersfield and Fresno.

Fifty Hottest Zip Codes

RankZip CodeCityMetro Area
180916Colorado Springs, COColorado Springs, CO
214617West IrondequoitRochester, NY
301960Peabody, MABoston-Cambridge-Newton, MA-NH
403103Manchester, NHManchester-Nashua, NH
527616Brentwood, NCRaleigh, NC
643228Lincoln Village, OHColumbus, OH
701757Milford, MAWorcester, MA-CT
803301Concord, NHConcord, NH
948336Farmington, MIDetroit-Warren-Dearborn, MI
1037067Franklin, TNNashville-Davidson–Murfreesboro–Franklin, TN
1153716Madison, WIMadison, WI
1218018Bethlehem, PAAllentown-Bethlehem-Easton, PA-NJ
1383404Idaho Falls, IDIdaho Falls, ID
1493611Clovis, CAFresno, CA
1504062Windham, MEPortland-South Portland, ME
1628213Charlotte, NCCharlotte-Concord-Gastonia, NC-SC
1702048Mansfield, MAProvidence-Warwick, RI-MA
1827217Burlington, NCBurlington, NC
1978754Austin, TXAustin-Round Rock, TX
2075025Plano, TXDallas-Fort Worth-Arlington, TX
2146805Fort Wayne, INFort Wayne, IN
2214223Buffalo, NYBuffalo-Cheektowaga-Niagara Falls, NY
2368106Omaha, NEOmaha-Council Bluffs, NE-IA
2401020Chicopee, MASpringfield, MA
2519702Newark, DEPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD
2653226Milwaukee, WIMilwaukee-Waukesha-West Allis, WI
2785224Chandler, AZPhoenix-Mesa-Scottsdale, AZ
2895376Tracy, CAStockton-Lodi, CA
2995661Roseville, CASacramento–Roseville–Arden-Arcade, CA
3080249Denver, CODenver-Aurora-Lakewood, CO
3103461Rindge, NHKeene, NH
3233626Tampa, FLTampa-St. Petersburg-Clearwater, FL
3345014Fairfield, OHCincinnati, OH-KY-IN
3455807Duluth, MNDuluth, MN-WI
3538016Cordova, TNMemphis, TN-MS-AR
3694510Benicia, CAVallejo-Fairfield, CA
3743028Howard, OHMount Vernon, OH
3807043Montclair, NJNew York-Newark-Jersey City, NY-NJ-PA
3993292Visalia, CAVisalia-Porterville, CA
4099336Kennewick, WAKennewick-Richland, WA
4117070New Cumberland, PAHarrisburg-Carlisle, PA
4293312Bakersfield, CABakersfield, CA
4359105Billings, MTBillings, MT
4495503Eureka, CAEureka-Arcata-Fortuna, CA
4549505Grand Rapids, MIGrand Rapids-Wyoming, MI
4699206Spokane, WASpokane-Spokane Valley, WA
4723229Henrico, VARichmond, VA
4840229Louisville, KYLouisville/Jefferson County, KY-IN
4944685Uniontown, OHAkron, OH
5094519Concord, CASan Francisco-Oakland-Hayward, CA
With many still weary of crowds, the exodus continues from big cities to suburbs.

Get a free list of Downtown open house address and times. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Fresno homes for sale among hottest market in the U.S.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.