The Trump university (yep, 2nd time!)

The Trump university is an interesting case, and a new one (class action filed just on April).
I was amazed to find out that I am not the only sucker under the sky:

Donald Trump University - scam alert!


Post subject: BEWARE of TRUMP UNIVERSITY since it is ALL a SCAM and RIPOFF!!!!

Trump University and Trump Institute have their employees put fake positive reviews online to counter the real negative reviews posted by everyone that's getting ripped off by their scams. BEWARE of any positive reviews you see about Trump University or Trump Institute since they are bogus!!!

Scam Alert - Customer Reviews for the Donald Trump "Trump University"

(http://www.nemmar.com/forum/viewtopic.php?f=135&t=16154&sid=7bcd3760d800897e744b14c7a7b1f922)

Now this is interesting, should I expect his hairness to open a counter blog and post counter posts?


They also try to upsell to another program that cost $38000.

I went to the three day seminar and I didn't learn anything that I hadn't seen before. You could go to Barnes and noble and buy books on foreclosure investing and lease options and asset protection and spend no more than about a hundred fifty dollars and have the same information.
The person doing the seminar said you could be a millionaire simply by buying 10 houses for 100K each rent them for ten years, they would double in value giving you a million in equity.
Where I live it takes 20 or thirty years for a house to double in value.
They also try to upsell to another program that cost $38000. The contract has a statement that implies that there is no guarantee that you will make money after spending $38000 or that Trump U is in anyway obligated to make sure you make anything. I asked about this and they said yes, Trump makes no guarantee and you will not be refunded anything if you don't make anything. For $4000 there is a local real estate club that will find a house with 25000 equity fix it up and rent it out for you.
Trump should guarantee that they will find at least 2 houses over a two year period get them fixed up and rented out and sell them making enough profit to at least break even.
You go to these seminars and they talk as if you can flip a house in a week or two and put $25000 profit in your bank account. If its as easy as they say giving you some kind of guarantee shouldn't be a problem.

Scam Alert - Customer Reviews for the Donald Trump "Trump University"
http://www.nemmar.com/forum/viewtopic.php?f=135&t=16153