FortuneBuilders.com is an online education website that teaches its members the ins and outs of real estate investing. Run by Than Merrill, Paul Esajian, and JD Esajian of A&E’s “Flip This House,” FortuneBuilders claims to have courses available to people of all levels of real estate investment experience.
Though this may seem like an odd time to become involved with real estate investment, fans of the show “Flip This House” understand that the concept behind Merrill’s investment theory is buying homes cheaply and finding ways to quickly and affordably fix them up for a solid profit return on your investment.
How Does FortuneBuilders Work?
Fortune Builders functions completely as an educational company. Working with professionals in every aspect of the real estate industry, their course curriculum covers a wide range of real estate related topics, including but not limited to what to look for when buying an investment property, what remodeling projects offer good investment returns, how to deal with the tax implications of quickly buying and selling property, and how to successfully market and sell your property when the time comes.
Having recently been written up in Inc. magazine, FortuneBuilders is growing quickly. Perhaps one of the best reasons why is the wide variety of ways they handle their classes. You can take an in person seminar from one of the three owners or many faculty members referred to as a 4 Day Bootcamp seminar, which is a type of crash course to being successful in the real estate industry.
In addition to that, Merrill himself offers a brand new webinar each week on a topic relevant to investing in today’s volatile real estate market. They also offer eBooks and online classes, in addition to a selection of DVD series on a variety of topics.
Finally, they offer the FortuneBuilders Mastery Implementation Coaching Program to a select group of members at a time. This series includes in-depth training from a variety of professionals who have been and continue to be successful in the real estate industry.
Is FortuneBuilders Right For You?
Fortune Builders claims to work with people of all different levels of experience, but what they aren’t clear about on their web page is what sort of resources you must have at your disposal to begin a career in real estate investing.
A quick glance of their DVD training series will be enough to stop many people, as the DVD training courses are priced at $1,197.00 each. A further investigation shows that investing in many of their coaching programs often requires investments of thousands of dollars.
Though prices in the housing market as low as they’ve been in years, you’ll still need the time and money to purchase, fix up, and a market a home. As these figures vary widely from region to region and project to project, Fortune Builders wisely makes no promises as to what is required from you for potential success. But it does seem fairly clear that being serious about switching to a career in real estate investing will certainly require some significant investment capital.
gentleman running the 2hr. class. i absolutely believe what you just said. you need a
starting point. whether i was scammed or not i learned alot of knowledge that i gathered from the internet and life but it took a long time when i received lot of info. in just 2hrs.
thanks again...
well, it's a scam if one condition exists or if one condition exists it's a scam !
so, basically what are you doing in one simple sentence ?
"give us money and we will tell you how to get rich."
anytime that 4 letter word is involved, it's a scam.
if you know someone is willing to give you money, then any fairytale will sound good.
the word "fortunebuilders" implies scam scam scam.
who's fortune are you building? yours or theirs?
fb offers tickets to fantasy island and some people never come back until all their $$ is gone.
you're the mad hatter and all the suckers are alice in wonderland.
the scam is simple:
1. tell people they don't need any $$ to invest in real estate.
2. tell people to give you $$ instead.
3. tell people they know a special secret worth all the $$ they gave up.
of course you don't need a down payment to invest in real estate, everyone knows that !
common sense should tell any human with a brain that you don't have to have any of your own money and you can get rich quick !
that is why most people in the world are rich and there's hardly any poor people anywhere in the world ...
but of course, many people are unable to apply common sense to every situation or circumstance.
and a lot of people do not know or understand what an mlm is.
everyone has heard of something called a "get rich quick scheme" and most people know to stay away from a "get rich quick scam".
is every "get rich quick scheme" a "scam" ?? common sense anyone ?
there are 2 unwritten rules to having money or 2 rules poor people should follow for any reason they end up with a big chunk of cash:
1. never pay for financial advice
2. if it sounds to good to be true, then it probably is.
the 2nd rule is actually the 1st rule of investing.
both rules are broken when joining this type of mlm.
once you've gone that far down the rabbit hole the commitment is so great that it's hard to find a way back out.
when you fail to use common sense where $$ is involved then everything you say and do is the opposite of what you should be saying and doing.
when you believe a fairytale about how to get "rich" then common sense is irrelevant.
i've worked in building supply for the last 15 years and i've talked to a lot of different contractors, real estate agents, home owners, and millionaire investors and not one person ever said they made a fortune because they paid some one from an infomercial for a special secret.
What a scam!!