About The Flipping Formula
The Flipping Formula, found online at FlippingFormula.com, is a real estate investment educational program and book by the hosts of A&E's Flipping Boston, Peter Souhleris and Dave Seymour.
How Does It Work?
According to the website, The Flipping Formula is their methods of how real estates investors can find amazing real estate deals, fund them with other people's money, fix them quickly, and then sell them for "huge profits."
Interested customers can start with The Flipping Formula book, and then move on to their Education Center which offers users their Quick Start Program, which is a step-by-step strategy to get you through the first 30 days of using their formula, as well as providing a library of real estate insider videos, forms, deal calculators, live webinars, and an archive of recorded materials from our web seminars with our students.
Unfortunately this website does not publish prices for any of their products. They do mention a free trial for the use of their Education Center, but they do not say what the eventual price of this membership will be.
Going along with the lack of pricing information on the website, they do not publish any information regarding Refund Policies, Guarantees, or Cancellations. Customers who are concerned about what recourse they may have if they are dissatisfied with their product or their experience should contact Customer Service before investing any money into this program.
Customer Service Contact Info
Customers who wish to speak with Customer Service about their questions, concerns, or complaints can do so by phone at (800) 680-0036.
There does not seem to be many user reviews available for this program at this time, though it is important to note that "house flipping" can be a controversial topic, as many of these books and seminars encourage people with no experience to dive in before they are ready.
Competitors and Alternatives?
There are many other programs and websites that claim to give people the tools and training they need to become successful real estate investors, like FortuneBuilders.com, Scott Yancey Real Estate, Real Estate Mentoring, and more.
If you have experience with this company or their products, please leave The Flipping Forumula reviews below.
31 ‘The Flipping Formula’ Reviews
Well Worth It
We went to Pete and Dave’s class at a point where we had nothing to lose, we were starting our professional lives over and needed direction. Pete and Dave provided more than we could have believed. We had a great, informative, fun, and professional weekend but the real magic still continues!
Pete and Dave’s entire team is available to us 24/7, via the internet, and others even by cell phone, answer questions and provide direction. We had no idea this would be an ongoing relationship and have received as much benefit after the classes as we did during. We'd do it all over again in a minute!
The 3 day with Peter and David was an exceptional experience that I won’t forget. I learned a lot and feel more prepared and have more tools ready to execute. The workbook they gave us is an invaluable resource. Before this event I questioned if my investment was wise. This event made me feel better about my expenditure.
Not what I was expecting!
We came to the Chicago seminar (Sept. 16-18) only looking for a list of hard money lenders. What I came away with is truly life changing!!!
My plus1 for the seminar was my cousin Deb. Her husband came with us, we were hoping to get him in for a minimal fee. When we asked the first morning, there was no hesitation, come on in no charge!! We were off to a good start.
Dave "Fryman" there's not words I could put down here that you haven't already felt or experienced knowing Dave. So I'll just say AMAZING!!!!
Throughout the weekend (24hrs in 3 days of sitting my ass in a chair) I kept waiting for the hard sell. It never came. What did show up was something I never expected, the constant theme of family and giving back!! In a million years I would never have expected that from this seminar. Blown away....
My wife Tracy and I give back when we can, a little here and there. But the possibilities this program will allow us to do is truly amazing. Because we WILL be very very very successful..
Debbie and I were pretty much sold on buying into the program Saturday night because of FRYMAN but her husband (Jamie) was very hesitant yet, then Sunday came. When Dave introduced Dave Seymour and he started telling your story, Wow! Debbie and Jamie live his story every day!! I've never been on an emotional roller coaster like that before. One second he had me laughing so hard I'm crying, the next I'm crying from all the true emotions he pulled out of me!!! Yes, I'm a grown ass man admitting he cried. Dave telling his story is what brought Jamie around and now he's all in!
Went to a few different workshops across the U.S. and found each to be 5-star trainings. I learned marketing, managing wealth and step-by-step formulas for flips. The price is worth the education you get.
Flipping Formula Review
I was unsure starting and called customer service a few times to go over contracts and the training but found it to be completely worth it. Not sure what to add that hasn't been said yet, but if anyone has questions, leave them in the comments.
Would have to agree with previous reviews!
Dave and Pete are absolute experts and you are making the right choice in signing up for their program. Their staff is phenomenal and you will not be disappointed IF you sign up with the right expectations. That's key.
You will NOT get rich by signing up. You have to put in the work and search, call and DO what your coach tells you to do. It's so similar to signing up with a trainer. You can't sign up and pay him and expect to lose weight and gain muscle if you don't do what he tells you to do. They know what they are doing!!! Trust the experts. And Dave and Pete are 110% EXPERTS.
Not for everyone...
But it was great for me! I've talked about the training, coaches, workshops to so many of my friends and it all boils down to where you are at in your life.
If you love your marketing job making $60k and want your weekends and after-work hours to party - GREAT! This probably isn't for you.
If you want out of your day job and are ready to invest LARGE amounts of time to investing, where you may end up losing money, but are ready for the challenge - try it.
You have nothing to lose. From my experience, they offer refunds if needed. OH! One more thing, do NOT sign up if you just want to meet celebrities. You will, but if you are signing up to meet Dave or Pete, that is such a waste of money.
My Review of Flipping Formula
My wife and I registered for the free event in 2014 and signed up for an accelerator workshop the following weekend. We went in with the mindset that if we get something out of it - great. If not - we will write up the cost as a learning experience.
Our instructor at the accelerator course was Marc and he was fantastic! We took so many notes and each night of the workshop we would go over what we learned and if we thought it was useful and if we could implement ourselves after the weekend was over. To be honest, we were completely unsure. And that's not a great feeling to have. So when there was an opportunity to sign up to have a coach guide us - we jumped at it!
Fast forward to today and I am in Vegas with my wife for an investor's summit event and am rubbing shoulders with some of the best real estate investors in the country. My wife and I are investors ourselves and have successfully made profits off 11 properties since 2014. I can't believe that that free class would land us to where we are today but we are beyond glad we took the chance.
I would highly recommend the courses and workshops offered. I've been to almost all and every single one has aided in me and my wife's financial freedom.
Went to Summit and spent some time talking to Dave after he spoke and gained so much useful information from him. I went with one of my gal-friends and we both had a total blast.
Paid for a coaching package with my husband and we have been completely satisfied. Erin is amazing at helping us with our needs and making sure we are being taken care of. If you are going to do it, get the coaching and avoid mistakes. Love you guys!!
Great Customer Service
I attended the 3-day workshop and then signed up for a real estate package. Turns out I had to move back home to care for my parents and their customer service was spectacular. I had to talk to a few different people but they helped me with my situation. I think the person that worked with me was James. Really appreciate the patience and kindness of their staff.
I plan on doing the actual program in about 6 months so if I remember to update my review - I will!
Dave & Pete
Dave and Pete are THE MEN! Met them at Summit and they were my favorite speaker of the weekend. They are experts and it shows from the second they start talking about homes. On top of the knowledge they hold, it's obvious they love what they do. They drilled into us the importance of giving back and I really admire that. Great guys with so much valuable information. Would highly recommend!
They DO Care
Dave and Pete are extremely involved in the program and I would know more than anyone. I have met them TWICE at workshops and they are more excited for all the students than the students themselves. They LOVE what they do and it shows! We are a team and they are the best mentors and role models. Proud to be a part of the program. I'd love to answer any questions in the comments!
Atlanta & Orlando Investments
I have purchased investment properties in Atlanta and Orlando suburbs and I owe the success of those investments to Dave and Pete. Great education investment.
My husband is obsessed
My husband is completely obsessed with Dave and Pete and Flipping Boston. Like you think I love "The Bachelorette" - he far surpasses me.
My husband had been wanting to find an investment property and update a place since Dave and Pete make it look so worth it and the profits were huge. Like seriously you guys, my hubby thought he knew everything. But we didn't have the funds or time for a real house flip. That was, until we saw an ad for a free event they were putting on.
Long story short, we invested in the program and my husband has since quit his office job for the investor life. He has made double his previous income and is able to spend more time with me and doing what he loves. It's crazy to think this love of a TV show would lead to a new life for our family!
Signed up for the coaching program and have now purchased 2 different homes in the Chicago suburbs. I am not a flipper (yet) but invested in these two as fix-and-hold properties. My wife helped me design and decorate the properties and she worked a lot with the coaching team to make the best choices. As soon as we put one of the places on Rentler, we received 27 applications. We rented both for top dollar and are pulling in $4900 per month. Was it worth it? Absolutely. We are looking for wholesale properties now.
I'm in Orlando and had a free afternoon so I went to the Flipping Boston/Flipping Formula event. There were free snacks and other materials. I spent $0 and had a good afternoon with my mother. Would def go again.