Property Grunt

Thursday, March 31, 2005

Donald Trump: Real Estate Educator

The Grunt admits that Trumps foray into reality television was genius and this Page 6 item is just another example of him cashing in on his popularity.

March 31, 2005 -- DONALD Trump is bigger in L.A. than N.Y. How else to explain the demand for his Learning Annex class, "How to Make Money in Real Estate"? Last fall, when the Trumpster taught at the Javits Center for the Learning Annex, there were 11,622 students enrolled one month before the presentation — and the final count was 20,307. For the tycoon's L.A. appearances on the weekend of April 30-May 1, there are currently 14,291 students enrolled, and his class is 30 days away. So it looks as if the final enrollment there should hit 25,000. The Learning Annex is paying Trump $1 million per hour — plus expenses — by charging $149 for tickets, or $499 for the VIP section.

The Grunt would like to do a class for the Learning Annex which would be called How Not to Lose Money in Real Estate. I think it will be quite popular after the bubble bursts.