Trump as harbinger of housing doom?
April 16, 2008
Just when you thought having a five-fold increase in the number of foreclosures in Baltimore was a bad thing, America’s most well-known person-brand sees the silver lining.
Tapping into the investment opportunities available in light of people losing their homes, Donald Trump is prepared to show savvy investors how to take advantage of the situation.
Through his Trump University online courses, the Donald himself (through a team of instructors) is prepared to share his knowledge of finding “big money” in a series of introductory classes called the “Fast Track to Foreclosure Investing.”
Touting real estate as the new “it” investment — okay? — Trump University is offering free classes showing how to find foreclosed homes, track the cycle and secure funding.
And, it’s not like you’d be taking advantage of other peoples’ financial woes. Instead, you will “learn how to be a hero to homeowners who can’t afford their adjustable rate mortgage payment.”
According to a full page ad in Tuesday’s Baltimore Examiner, you even get a free “digital” copy of Trump’s “Catch The Wave: How Timing Can Make You a Fortune in Real Estate Today.”
Don’t worry though, for those skeptical that paying for full page ads and giving away digital copies doesn’t make financial sense, fine print at the bottom of the ad reminds people “products will be available for sale.”
BEN MOOK, Assistant Business Editor
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