FortuneBuilders.com Reviews – Legit or Scam?

 

Fortune BuildersFortuneBuilders.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.

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Customer Responses, Reviews, or Complaints


Average Rating for " Fortune Builders " is 2.84 out of 5 based on 73 reviews.

  • Rating
      
    Randy F says:

    October 29th, 2014 at 9:25 pm

    Been a student of FB for last 6 yrs.
    Best investment into me that I have ever made.
    Paul, JD, Konrad, Than, thank you.

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    JOHN says:

    October 24th, 2014 at 8:20 pm

    WHAT A JOKE !!!!!!!!!!! DON’T WASTE YOUR TIME.

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    Reiad says:

    October 21st, 2014 at 6:23 am

    Poor

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    Cory says:

    October 12th, 2014 at 2:47 am

    Ok, I went to the free orientation and they open your eyes to the potential of a self sustaining company. However, the catch was a 3 day course for $200 which was a WEALTH of incredibly awesome information about business, investing, and real estate. HOWEVER, there is another catch on the second day. the mastery program ranges from $20k-$35k and must be paid in full to actually acquire their help to be a self starter. I dont have that cash in hand and they also do not disclose their success rate. The idea is to borrow as much as you can as fast as you can and flip it as soon as you can, which is how to beat the competition. Thing is, they create so much competition in the real estate business that the mastery course is not needed if you can come up with any business model. You can use their techniques in their 3 day course to become a great investor. However, it takes time and practice that you almost need that full on training for months during that mastery course to have the coaching. I recommend this course to anyone but the real estate market is tough and you must stand out. They get you all pumped up, then drop this 33,000 dollar tuition for coaching that should of been noted in the free orientation. I would like to try but I cant pull that money out of thin air, the only reason they accept you is if you have the money to pay upfront but i learned a lot about investing and i plan to start somewhere other than real estate that doesnt have quite as tough a competition.

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    Delilah says:
    October 29th, 2014 at 12:50 pm

    I would love to know other places to invest other than real estate. I went to the 3 day seminar too and while it is a wealth of knowledge the $33,000 for the tuition could be a nice chunk of money toward buying your first investment property. My brother invests and it is on a smaller scale but you don’t need to pay $33,000 to learn how to invest.

    Just my thoughts

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    Jim says:

    October 11th, 2014 at 3:42 pm

    Hi, I met Than, Paul, JD and Jeremy back in 2005-2007 when they use to come over to the REI group I belonged to. They even invited us over to see view their operation at CT Homes (1 hour away). They had quite an impressive company. Back then they were just starting the selling of packages and boot camps. Now fast forward to their 3 day course. I attended one last year that Jeremy was giving. It was full of information a lot of it I already knew but there were a few things that either were new to me or I had forgotten. As an investor it was worth the $197 for the education and motivational aspect of the course. As someone else said on here when I went I left all credit cards home. I had no plan on signing up for their mastery course. I could use that money towards a project. What I feel was a waste of time was the 2 hour course to get people to sign up for the 3 day course. If they had a way to sign up for the 3 day course directly for $197 that would be worth it.

    So my suggestion to people looking to get involved in Real Estate investing. If you go to their 3 day course, just be a sponge. A lot of it will fly over your head (if new) but take notes. Then search out a local REI in your area and join. A lot of times the more experienced investors are willing to help new investors and are always willing to answer questions. Plus this is where you will make your best contacts, realtors, mortgage lenders, hard money lenders, other investors.

    $197 is not a lot of money even if you only come away with 1 idea it can be well worth it. (but spending $25,000 or more, use that for a project)

    Good Luck.

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    Delilah says:
    October 29th, 2014 at 1:00 pm

    I totally agree!

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    Carolyn Blakeslee says:

    August 31st, 2014 at 8:08 pm

    I went to the 3-day seminar in Gainesville, FL this weekend. It was just excellent. I took my laptop to take notes, and I took about 60 pages of notes single-spaced (I typed nearly full-time). Sure, the free morning seminar was a little bit cheesy ($1,197 normal cost but you can get it for $197 today), but I’m used to those kinds of tactics in these environments. You go to the free event and enter their sales funnel; you sign up for their middle product/opportunity; and then you get pitched for their high-end product and/or their membership program. I’ve been to enough of these to recognize the extreme value of their mid-range product, and to know to (a) leave my cards and cash at home all weekend, and (b) sit on my hands if asked to raise a hand if interested in another opportunity. You go to the seminar, extract the value, digest it for a few days or weeks, and decide LATER if you want to go further, not in the heat of the moment.

    These guys were okay with that. Never was I personally pressured to be interviewed or to sign up for the $30K mastery course. There was no belittling of people there who declined to do so. In fact, on both the first and second days, our trainer said that if anyone in the room felt they weren’t receiving value, to go to the back of the room and request a refund and enjoy the rest of their Labor Day weekend. Their was no emotional implication that that would be the wrong thing to do. He also invited us all weekend to bring friends and family to the training at no extra charge, because we would be working together in all this.

    Okay, to the course itself. It was outstanding. After the second day of our education, I had enough knowledge that had I taken this course 2.5 years before, I would have been able to forestall the impending foreclosure and emergency sale of my property, and this would have been worth $500,000 to me. I hadn’t heard of the course then, but it’s safe to say that this knowledge will serve me well in the future. To be knowledgeable is to be armed against events like that.

    We were given tremendous insights into how to conduct real estate transactions with integrity and value, taught how to approach private investors, coached to help others in every way from helping people stay in their homes to spreading the wealth to collaborators, and given an in-depth overview in how to protect our personal assets. We were essentially given blueprints or roadmaps that we could look up, research further, and fill in later on at home.

    I would highly recommend this course. The $30K Mastery course? Not now. There’s a lot I need to do first, including cleaning up the aftermath of a nasty divorce, which is primarily catching up on back tax returns; and I would like to earn my real estate license in order to have access to my state-specific contracts and the MLS. I’ll also pay attention to the Fortune Builders web sites and Facebook pages to catch their free trainings, webinars, and deal case studies in order to deepen my education free of charge for now. Mastery later on? There’s a good possibility.

    Again, I highly recommend the 3-day course.

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    Susan says:

    August 31st, 2014 at 2:14 pm

    This company is one big scam
    just like Trump University.
    They lure innocent people into their
    seminars and than try to sell them seminars
    for thousands of dollars.
    These are a bunch of con men who belong
    in the same place where Bernie Madoff is.

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    Page says:

    August 16th, 2014 at 2:56 pm

    Biggest joke of my life, just sat through one agonizing day of fortune scammers… I felt dumber for attending. I actively invest and put off a rehab project to attend, BIG MISTAKE…. I so upset I’m not going to waist any more time even finishing this review… Be smart read the reviews… Go buy a good realestate book and save yourself some time and frustration, these guys are jerks and should be ashamed.
    Yes they know some steps to investing, but most is bull that they tell you as will not work in the real world.
    Aloha, Im going to work on one of my properties now, something i should have been doing yesterday instead of wasting my time at the first day of the 3 day sales presentation trying to get me to give them 30k to be a master bater….

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    Page says:
    August 16th, 2014 at 2:58 pm

    That star you see should be a negative 5 stars !

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    Brad Bales says:

    August 10th, 2014 at 1:53 pm

    I attended his Summit in Indianapolis Indiana I really enjoyed it the system only works if you put 100% into it it’s not pay 40,000 and get rich I never once heard anything like that I just hope the next time it comes around I’ll be ready the legal and contract information alone I would buy it for ! I truly believe it’s a great program

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    James says:

    June 22nd, 2014 at 7:29 pm

    My wife and I just attended the 3 day seminar here in Omaha NE. I will say as a recruiter myself that is all this is, a recruitment seminar! But I wont dog on it as it was full of a lot of good information that I did not know. But as far as actually giving us secrets and information that he kept telling us he would go over with us. He would start talking about ie how to find money lenders or buyers then he would talk good but around everything, very good motivational speaker.
    During the seminar he would keep bringing up ideas of being scared to just GO BIG all the time, then bring up how mastery students get this.
    It was worth the $197 for the seminar unless you already know something about real estate be very weary of giving up your $$$

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    Tonya says:

    June 15th, 2014 at 10:55 pm

    I attended the 1st seminar last month,paid the $197.00 to return to the seminar this weekend, June 13-15, at the Hyatt in New Orleans, Louisiana. Mark Connolly spoke well which I’m sure he is paid well. The seminar was informative, but to ask average citizens for $19,997.00, $24,9997.00, and $34,997.00 within 30 days in wrong. What average citizen walks around with this type money in their pockets, let alone their bank accounts. The cost of tuition is too high. Real Estate is rewarding no doubt, but the cost to start is too much.

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    Elliott says:
    July 18th, 2014 at 2:48 pm

    The cost of tuition is too high? My 4 year college degree cost me a hell of a lot more than $35K and all it did was teach me how to work for someone else. If you’re serious about starting or taking an existing real estate business to the next level this investment is nothing. Not saying you have to go with FortuneBuilders necessarily but if you’re not willing to invest that type of money into your pursuit of specialized knowledge and implementation of business systems, well then your business just isn’t going to get very far.

  • Rating
      
    WILLIS MOORE says:

    June 5th, 2014 at 8:42 pm

    DONT BOTHER!

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    Next millonaire says:

    June 2nd, 2014 at 11:19 pm

    I have t do something i dont want i refuse to be poor the rest of my life, i know people have failed to do it but people has succeed if they could why cant i, to be honest 25 thousand dollars will not last you a year after retirement then what, 401 k and lose it all when the market is down or a bank cd that earns you 500 dollars in two months ill have 40 years to make my twenty five thousand dollars again what i wont have is the oportunity to change my life around again ,its funny how people think someone would make them rich for two hundred dollars, no 197 to be exact, im all in its def better to try to change my life in a positive way than sit on my couch writing how jeremy didnt made me rich for two hundred dollars and still be poor and work 60 years to pay someone else investments cuz def some one owns my house and make money out of it , its not a lie that real state its a good business , people who complains and do nothing , will never have nothing, ,again think obout it what would that money do for your furure, not a dang thing anyhow,,,, mind as well give it a try you will never know until you do ,unless you all looser make me rich for 197 dollars , Hahaha, yeah i dont think so,,,,

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    John M says:

    May 8th, 2014 at 8:50 pm

    I attended a “FREE” seminar a few days ago on flipping homes. What they ultimately try to get you to do is to sign up for their 3 day course on flipping homes which will take place on a another date. During this seminar everything they discuss was very general, they didn’t give me enough information and how to flip homes but if I wanted the specifics I could sign up for their 3 days course for only $197.00 and if I signed up that very day I could get a discount. I can’t speak for he 3 day course as I realized I was wasting my time and walked out.

    REPLY

    Delilah says:
    October 29th, 2014 at 1:58 pm

    Charles how have you progressed since you started? have you been able to do well so far? Have you flipped any properties?

    Let me know if you don’t mind. I am contemplating this.

    Charles P says:
    May 29th, 2014 at 10:52 am

    I went to the three day seminar and the information there was vastly more useful than the free workshop they initially invited you to. Of course they aren’t just going to give away all the money making secrets to the general public for free, what sense does that make to a company? Anyway, the next stage was to get you to sign up for the mastery class which is terribly expensive, but there are lower classes that take you through different ways to make money in real estate. My mom and I partnered up and enrolled in one of their classes (wholesaling) and have learned a tremendous amount about marketing and wholesaling to make serious money in real estate. We were given a coach who connects with us every week to make sure we are progressing and gives us actions to perform to help our business grow. This is the real deal guys, yes it takes money to make money but hell nothing’s free in this world and with the returns that you make its not really any risk , the key is educating yourself and making informed decisions.

  • Rating
      
    george spires says:

    May 5th, 2014 at 6:38 am

    We recieved a free gift for attending a seminar with an attached link to a website…unfortunately the website isnt in operation….im not sure any of the information I recieved is helpful at all…been in construction forever….it seemed to me the goal was to string you along for more and more money…and the unoperable website just bolsters my suspicion.

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    Constiant says:

    April 27th, 2014 at 4:20 pm

    I attended these courses, and found out zip, Contractors? hmmm, they are over this country, trust one, and you will have a deal in your hand, believe in yourself, not what someone has told you, if you believe in you, and your worth, then, that is what you do, Than M, icon or foe, which will it be, , if this is so darn important, SHOW UP AND TEACH THEM YOURSELF, this would give hope instead of having all these constant people who do your work for you.
    Maybe the people who work for this company should blow it off, or are they contracted to do this,
    Money talks volumes for some people, but when it comes to scamming them into it, is WRONG the good lord will be watching that is for sure.
    So people who believe, in this, should be in a room by themselves, the People who believe in themselves are the one’s I believe in,
    Get away before you are out of money, and find out how easy this is on your own.

    REPLY

    Camila says:
    September 26th, 2014 at 10:03 pm

    If it were that easy on your own, then why isn’t everyone doing it? I’d much rather pay to implement someone’s tried and true system then waste my time and energy trying to figure out my own and failing more than I need to.

  • Rating
      
    Michelle K says:

    March 31st, 2014 at 6:04 pm

    I just attended the 3 day workshop for Fortune Builders in Daytona Beach, FL and all I can say is that it was one of the most wonderful experiences of my life, I learned so much, I had fun!!

    It is not a scam, I read all the horrible reviews written here, and I understand that many people have been scammed before. I have been scammed in the past as well, it doesn’t mean that everyone is a scammer out there this was the real deal!!

    It is totally worth it, if you have not gone to one of these workshops I absolutely encourage you to do so, you will not regret it. If you cannot afford the coaching program, is ok. The information that you gather from the 3 day workshop will help you get there.

    There is a way to reach your goal, a way to start your Real Estate Investment Business, but I am not going to give it away, it was for me and all the people that were eager to learn something new and change their lives for the better in this 3 day weekend. You will never know until you try.

    When I returned home, I was a different person, full of positive energy and knowledge…I will be looking forward to more seminars in the near future!!

    Fortune Builders ROCK!!!!

    REPLY

    Camila says:
    September 26th, 2014 at 10:05 pm

    I’m only on my first day and I’m exhausted but so excited because I know more now than I ever would’ve learned on my own watching a show or reading a book, and I am doing it in a crazy short amount of time. It’s up to me now to put it to the test!

  • Rating
      
    D-Man says:

    March 10th, 2014 at 8:55 pm

    I have been in construction for a long time and flipped multiple properties with great success. I teamed up with a gentleman who had paid the $25,000 to join the mastery program. I have not been impressed at all for all the money that was spent to this program. Everything they tell you is stuff you should know from common sense or you pay someone for again when setting up your business. For example setting up your Inc. most people would hire or I would hope so a Attorney to set it up. Well guess what he is a professional that’s why you use them! On your books and accounting you hire a CPA who knows all the ins and outs of how to maximize your profits. Maybe worth $250 but I would never pay $25,000

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    Lynee Mallory says:
    August 12th, 2014 at 4:13 pm

    i know right I agree with you thanks for the info. :)

    Ron B Oklahoma City says:
    March 16th, 2014 at 7:23 pm

    Thanks, saved some time for me.

  • Rating
      
    dannyb027 says:

    February 17th, 2014 at 4:50 pm

    I just attended a the three day seminar in Irvine, CA. Like the name says its about Fortune Building, not just a class for real estate know-how. The $197 that I paid was well worth the information I received, even if I had to sift through the sales pitch parts. The thoroughness Cole used to outline the business modal is enough to be able to build your own company but you must be willing to pay for the mistakes you make as you go. I’m serious about real estate investing and would have bought into the $25,000 program just to have access to someone who’s been there/done that, instead, I will try and build according to what I learned and hope that my mistakes will cost me less than the $25,000 coaching fee. Regardless, everyone who owns a house or rental prop. should sit through the 3 day education seminar. There are a lot of tidbits which most consumers don’t even know about. No wonder why the rich get richer and the poor get poorer…

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    Disappointed says:

    February 17th, 2014 at 11:40 am

    I just attended the 3 day seminar in Indy. I have to say the reviews are correct. It is informative, entertaining to say the least ,and a scam all at the same time. We were looking basically to find out how to connect with investors. We never left with that information because we were never shown how to find them just asked to buy the data bases for $25,000.00 Sadly, I watched people give these guys $25,000 for a backpack full of information that they could have gotten on their own if they put in the time.
    The sadest thing was watching an elderly lady who drank so much of the kool-aid being served that she had to buy in – she had 3 credit cards out begging for her back pack full of names and phone numbers. Sadly – this women, along with a lot of the people in the room will not likely have a private investor look at her and want to turn over 50K for the outstanding 15% return. Professionals who work hard for their money will care if the person they are investing with look professional and appear to have the ability to turn their money into something – that is not what the room was filled with
    Jeremy – you had good information and most of it was correct but being a Business Teacher who teaches finance – there were a few times it pained me to remain quiet. However, Indiana does teach financial literacy it is a State requirement and all high school students must take it. This went in to place with the Economy fell – you should know your market and know what you are selling. There was absolutely no Q&A time – why are you afaid to let people ask questions? You have a great presence in your presentation if you could just stop with the hard sell. Because we are already invested in real estate we did not really feel we learned anything but did get confirmation that we are doing things right and motivation to get in deeper. It would have been nice to truly have gotten the info on how to find investors or how we might be able to put money up to get the 15% ROR on our money.

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    Neverquitsworkin says:

    January 25th, 2014 at 10:49 pm

    Four of us went to 2 of the 3 days of the seminar in Tampa, having purchased two packages at the 2 hour introduction. Our biggest disappointment is that the third day is on a Sunday and there’s no way to get the lessons via recording or any other way. Since we have prior church commitments (i.e., pastor of a church), we were only able to get to 2 of the 3 days. However, we all felt like we learned an incredible amount. (And no, we couldn’t find substitutes for all that we do.)

    My husband refers to listening to people like Jeremy Black as “Drinking from a fire hydrant.” We felt like we were being sprayed on with an incredibly powerful hose of information. Some of us caught half of it. Some of us caught 80% of it and some of it, well, it just went over our heads.

    We have four homes and we are currently invested in over 18 rental homes so far, and really have just been learning as we go. I wish we would have had something like this to help us get started “correctly.” I hate to think about how much money we “could have, should have, would have” made had we known how to do this correctly. I guess we’ve been doing it all backwards. Sigh.

    The sales pitch was annoying, especially after lunch on the second day when the chairs got incredibly.. and I mean, incredibly … hard to sit on. But, we had done our homework, were prepared for it, and stuck it out. I was ever so grateful for the sheet that spelled out the exact costs for the different levels of the Mastery Program, as that sure helped with the credibility factor.

    We did not even put in our application for the Mastery Program, at this point, because we probably would NOT have been accepted, as we’re in so deep, doing it all wrong, that they’d probably have just considered it all a waste of time, and that was one BIG thing that Jeremy did emphasize over and over again — do NOT waste my time!

    We took away so much information and so many ideas, so many Book Titles, lesson titles, lists, ideas for where to go and what to do next and pages and pages of notes, that I’m sure we can make this little $394 investment ($197×2) pay for itself over and over again!

    When my second son gets out of college, where he’s currently learning a LOT of incredibly valuable life lessons, I’m going to encourage him to go to this and apply for the Mastery training, so that at least one of us will know what we’re supposed to be doing!

    This doesn’t get 5 stars, even though I thought it was terrific, only because I really wanted still MORE MEAT, and less hype and more information, forms, etc., and less promo.

    Oh, and by the way, the excerpt from “Facing the Giants” was incredible, but I sure wish you had given them movie credit for using the short episode about the importance of a great coach! It was powerful and moving.

    The Mastery students were ALWAYS available to talk to, but with 155 people in the room, there were not enough of them to go around, and the breaks quite brief, so there wasn’t really time to get into some serious conversations with them. I was encouraged to make an appointment to talk to one of them twice, after the program, but by then, we were all wiped out and needing to get home to the “9 to 5″ jobs that currently pay our bills.

    Anyone who thought it was a waste of time really is naive and frankly, was probably too ignorant to realize just how much information that was presented. I do NOT consider myself a novice at all, but still learned terms such as “bandit signs,” “Squeeze Pages” and Wholesaling properties.

    I took away valuable information that I can use in my current business, which will make me a better business owner and manager, as well.

    All in all, I’m so incredibly thankful that we had the opportunity to go, felt like it was challenging mentally and loved seeing the enthusiasm that everyone in the room had….

    …clap, clap… clap.. CRUSH IT!

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  • Robert says:

    January 20th, 2014 at 4:56 pm

    I went to a recent seminar in Rochester NY, I could sense it was a scam. The pitch, “This is $1197.00 but jump on it now for $197.00 after we leave, it will be $1197.00 so many people fall for that kind of presure sales crap. I asked the people selling the %197.00 “Are you going to try and sell me anything else after this?” He said no, no up selling takes place at the 3 day seminar. This guy could not even look me in the eye when he said this. I tried to talk a few people out of throwing their money away. Hopefully I saved a few people their money. These scam artist make money on seminar training, not real estate. Hope this was helpful, I hate to see people get conned, it has happened to me before and it is an awful feeling to be taken for a ride and conned.

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    SCHUGART B says:

    December 11th, 2013 at 9:41 am

    GET YOU’R ADD OFF MY E MAIL

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    prakash says:

    November 20th, 2013 at 8:17 pm

    thaks guys I just attende the free 2 hour seminar and it sounds like scam….just go do your real estate course and become a realtor and do on your own….first he tells the couse is $1197 and later he tells thousand dollar discount …and the course will be for $197…who gives an instant $1000 discount …what a scam.

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    Mary says:

    November 13th, 2013 at 8:14 am

    The 3 day course was on point. However, they are marketing genesis. I loved the information not all the hype and pressure. I not sure I will invest 25,000, I’m on the fence, I would need more of a guarantee. There should be something to guarantee that if you follow all the advice word for word.

    I understood most of everything they taught only because I had some knowledge of real estate investing. I’ve invested in 10 properties over past 10 years. I was turned off thinking of the other 50 percent in the class that had no idea of what they were talking about. It would be difficult but not impossible to successfully complete the program in the 6 months time frame given without some previous knowledge. I’m not convinced 6 months would be enough mentoring. After all life happens sometimes to slow us down?

    I am a very hard worker, and would be pissed if I invested and did not get my money’s worth. The course is possibly over priced? I need more proof that it works, Possible publish the past 300 clients that attended the Mastery to be able to verify their claims?

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    Mike Huiras says:

    October 20th, 2013 at 10:02 am

    I am currently attending the 3day seminar. I have been given the quote sheet about the prices of the program. Since the first hour of the program, Jeremy Black has stated “We are a for profit company”. Fortune Builders in business to make money. It will cost money for the course. Private education is expensive. Have you paid for college? Have you paid to go to a private learning institution? It cost lots of money. There aren’t any guarantees that you will become successful because you are educated. Education does help you make better decisions. Work is hard, trying to make money through real estate is hard. This program is not for everyone. Fortune Builders is looking for people who are competitive, have a low risk aversion, and are willing to work very hard for a long time. How many people who have posted on this line have become experts in their job after 6 months? It takes a long time to become proficient in your job. How much time and energy have you spent fine tuning your skills? How much would you charge people, to teach them your job? How much would you charge your employer to pay you to teach your job to someone else? Would it be $197 for three days of work?
    If you sincerely listen to the speakers, they tell you over and over again. It is going to cost you to take this course. That is not a secret. You will have to put a lot of time into the program to learn the stuff. You will not always get the same return on your money as other folks show in the example. You must be willing to take risks. The more education you have about your decisions will help you make better decisions. There is no pill or quick rich scheme to make you money in the program.
    Finally, If you think you were given a line of crap, ask for your money back. How many disgruntled people asked for their money back? It was one of the first things Jeremy Black offered after the first break. If you are not interested in this program, if it is not for you, ask for your money back. Don’t waist time sitting here if you are not willing to make an investment in your education, or are not willing to “put some of your own skin into the program.”

    REPLY
  • Rating
      
    New Mastery Student says:

    October 8th, 2013 at 9:44 am

    I had an excellent time there and got exactly what I expected out of it. This IS NOT a get rich quick scheme. There was nothing in the presentation that lead anyone to believe that it was. Judging by the negative reviews it seems waaaay too many people expect something for nothing or expect somebody to do it for them. If you went there with the expectation of becoming a millionaire real estate investor in three days… then you’re a fool. If you’re claiming it’s a “scam”, then that is exactly what you expected. A true real estate investor makes money in any market. Hopefully some of you get back on the horse…any horse because sitting there complaining isn’t gonna get it done.

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    J in ATL says:
    February 21st, 2014 at 11:09 pm

    Today I completed the first day of the 3 day $197. course.
    Really fast I will tell you my background; I have bought 8 houses in the past 10 years, live in 1, sold 2, and currently rent 5.
    I know some stuff about real estate, certainly not ALOT or anywhere near everything.
    I think the first day was certainly worth 1/3 of the $197 price tag and they covered Tons of stuff I already knew. But, they reminded me of stuff I had forgotten or was not giving enough attention to.

    If I knew nothing about real estate (which was the case for most of the attendees) today alone would have been worth $197. if not More.

    NOT a SCAM at all !!! At least for the 3 Day $197 training.
    I have not seen the $25,000. training yet but… There is NO way they will get that out of me!!!

    I have 3 college degrees and yes they cost money but they also separated me from everybody else that wants to do my career but can’t because they do not have a degree or license. However, you do not need a license to become a real estate investor.

    $25,000. I could buy a house for that

    $197. Totally worth it !! For anyone !!!

    m says:
    October 9th, 2013 at 4:23 pm

    THESE ARE FAKE REVIEWS CLAIMING THAT THEY ARE GREAT. DO YOUR RESEARCH!

    m says:
    October 9th, 2013 at 4:22 pm

    COMPLETE CON! tHEY ARE CON ARTISTS SCAM ARTIST. THEY KEEP CALLING ME CONSTANTLY AND WILL NOT STOP. I HAD TO CONTACT THE ATTORNEY GENERAL.

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    Abby says:

    August 13th, 2013 at 6:06 pm

    I don’t understand why this has so many negative reviews. I attended the three-day summit and I learned a lot. Do I know the ins and outs of house flipping now? No. You can’t possibly learn that in 3 days. But I do feel like a have a solid foundation and am ready to begin my business with my business partner who attended the summit with me.

    We signed up for the Masters program and are looking forward to growing our new company with the knowledge and tools we will receive from joining.

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    simplysteadfast says:
    July 17th, 2014 at 4:04 pm

    Hi Abby! I am on the fence about moving forward with the FB Mastery Program. I wanted to hear from the new FB Mastery Program students and get their personal opinion and thoughts. I am and would be totally new to this industry.

    Can I assume you completed the FB Mastery Program?
    What was the cost levels offered and which did you sign into?
    Is there an annual membership costs? How long was the entire FB Mastery Program you attended? Was is worth the investment?

    Hope to hear back from you and other new fb mastery program students.

    Robin and Creed says:
    September 25th, 2013 at 7:09 am

    3+ years ago my business partner in Real Estate and I recognized that the way we operated our business in the past just wasn’t the way of the future….we pooled our remaining pennies and went to the Fortune Builders presentation in Boise. No, Than wasn’t there…but, we didn’t go to see Than! We wanted information that would ‘change our minds’…. ‘open our minds’ …. ‘kick us in the rear’ …. get us moving again. I’ve been in Real Estate for almost 40 years now and have helped a lot of people buy, sell, exchange, invest, become Realtors….all of what you can do in Real Estate in some form or another, I’ve done! NOW….sincerely with the help of Fortune Builders motivation, program outline, support and application….we have purchased over 100 properties and now hold over 70 properties that create cash flow….flipped another 30 +/-……and continue to operate with 100% private money. The truth is that this type of program is not for everyone! Than’s group will not come and live with you and program you to take the initiative of making the program work..It’s work and it’s not easy…even for someone who’s been in the business as long as I have! But, the time goes by anyway…you might as well jump in and expend the effort in a positive adventure…’CUZ THIS ONE WORKS! Business today is sharing with others…..I’d love to be one to present our successes in a presentation of Fortune Builders….some would love me…and some hate me….that’s the way of the world….but, I’m doing it so, learn or not….I’m still doing it!!!!

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    Jake says:

    August 10th, 2013 at 5:59 pm

    I attended a seminar it was very informational. But what I would like to know is the mastery program the only legitimate program to be successful? I was told to start off wholesaling but wasn’t offered to attend any boot camp or access to the estimating tool for scope of work. Does anyone have clarity on this?

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  • Rating
      
    Elly says:

    August 8th, 2013 at 3:35 pm

    I attended the 3 day seminar in San Diego. The information that I learned was very basic. Find contractor through Angie’s list. They went through Quickbook accounting very brief. I drove to San Diego from LA. I took one day off from work. What a waste of my time and money. 80% is sales pitch. Some of them I already heard on my local real estate club.

    Some attendees are mastery students. I felt sorry for them. Attending this event once is more than enough for me. They have to attend how many times?

    Than Merril provides good material. The rest speakers are worthless. They treated mastery students like VIP. They have special seats, sturbuck coffee. Is this special treatments worth $30K? I don’t think so.

    Also Than Merril lied. He said we can have free online software if we participate in the bootcamp. I’ve never gotten it. I tried, but had no success.

    If you really want to learn from them, just buy Than Merril’s training material on ebay. His training material is good, but not the bootcamp.

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  • Rating
      
    jean in Orlando says:

    July 21st, 2013 at 9:47 am

    The weekend class has been a 21 hour commercial that my husband and I spent $200 to attend. What a waste of time and money. Our presenter showed his home movies. Congratulations on your new son, Ry Guy.

    I would also like to suggest that someone in the organization hire an English major to clean up both the workbook and the slide show.

    Let me also urge others to save their money and time.

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  • Rating
      
    Luzi Motoomull says:

    June 11th, 2013 at 3:52 pm

    I am very happy to be in a class with our speaker Jeremy Black, and paid #200.00 and its worth learning. He has exceptional talent based on his experience. I learned to improve my self confidence and motivation with the knowledge that I got from this event. Trust the system and put a little faith.

    Good Luck and God Bless to ALL.

    Luzi M.

    REPLY
  • Rating
      
    Jay says:

    May 27th, 2013 at 5:25 pm

    This Fortune Builders program isn’t what you think it is. First I truly believe their software is top notch and could greatly aid people looking to invest in Real Estate. My problem was the 3 day seminar and how they went about it. The seminar was basically a 200 hundred dollar infomercial. All those notes people took and all the “secrets” Jeremy Black gave are useless, unless you buy “The Mastery” programs. Jeremy Black is a great salesman. He’s not a coach or your friend, he’s a salesman. He gained peoples trust, showed compassion and connected with people. He actually had people thinking they were learning information they could use. In fact he was selling the entire time.

    I truly question the integrity of the people who run this program. In my seminar Jeremy tells us all the prices for the Mastery program (25,000-20,000-19,000). Knowing that he just took away many peoples dreams about this event, he starts telling a sob story and cries. This had a lot of people hook line and sinker. Throughout the seminar Jeremy tells us he’s paid upwards to 7,000 dollars to sit and learn from other great speakers. Why did he do that? To learn how to connect with a mass crowd, gain trust and then sell them something. Most people didn’t even know they were being sold something until he announced the prices for the program ON THE SECOND DAY. Many of the people there thought the 200 dollars would get them real information to help them invest in Real Estate. The 200 dollars paid for us to get an opportunity to be sold another product that most couldn’t afford. Many people in that room probably had to budget just to afford the initial 200 dollars.

    The 3 day seminar is without a doubt a scam. Also to get the results they talk about, you can’t get do it in your “Free time”. Jeremy Black got people to drink the kool aid and ask for seconds. Like I said before the technology may be top notch. Yet I wish I had the chance to turned down the chance to invest 15,000-20,000-25,000 before I paid them 200 dollars. We didn’t they tell people up front what the prices were??? They even encouraged people to max out there credit cards smh. No finance plan you have to pay this weekend, how is that helping anybody? I could honestly afford the 15,000 dollar program. Hell I might have honestly considered buying it had they been up front. Instead I had to sit through the fake crying of Jeremy Black, the same slides and a two day infomercial. I feel sorry for the hardworking people who invested 200 dollars, with hopes and dreams only to get swindled.

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    Carroll says:
    April 26th, 2014 at 10:00 pm

    I agree with your review. I attended a day and 1/2 and couldn’t take it anymore. This $197.00 class is nothing more than a sales pitch with maybe 10% information you can use. No way will you ever be able after this class to begin investing, flipping, wholesaling, rebabbing, nothing! I went with a friend as her guest so I didn’t pay and didn’t research this class before hand and do not know what they promised to deliver with this class, but I’m sure people thought they would get more than a 3 day sales pitch! It’s really sad, but this class is a scam. I didn’t sign up for the coaching so I can’t comment on that, but judging by the way they handled this class I wouldn’t expect them to deliver what they promise.

  • david says:

    May 21st, 2013 at 2:08 pm

    I just attented a 3 day event in Ontario Ca. I felt it was well worth the money! And look forward to joining the Mastery Program. If you wanna get big you gotta go big and you gotta learn from those who are big.

    REPLY

    Mike says:
    July 21st, 2013 at 5:13 pm

    David,

    We live close to you, how did things work out so far…

  • Rating
      
    seminar guest says:

    May 5th, 2013 at 9:22 pm

    We had great expectations for the weekend; both me and my wife attended the conference. By the second day we became aware that basically they were trying to sell the Mastery Coaching Program; our weekend turn out to be an infomercial offer, over and over the same stories over and over. By the end of the third day it seemed that SUCCESS and HAPPINESS and WEALTH can only be attained if you became part of the Mastery Coaching System. Unfortunately, we were not interviewed though they assured that no one will be left behind ( not that we are interested in becoming part of your happy family). We wasted a weekend that we should have spent with our children (your program promotes family time, our children spent a weekend without their parents). We wouldn’t recommend it to anyone. After we cracked the numbers it seems that FB is being financed by good people like us who looked forward to a three day seminar on flipping, wholesaling and real estate investing strategies. I hope that the people who invested their money in your program truly get the DREAM LIFE you are selling and it is not just another SCAM.

    REPLY
  • Rating
      
    JJMNYC says:

    April 3rd, 2013 at 3:49 pm

    While I believe the program maybe good for some people, I agree with what others have said, they really don’t say how much capital a person will need – just some is needed.
    Also, the 3 day event I went to, they said that not everyone would be accepted into on of the program, and there was an interview. This was not true at all. I didn’t hear from one person who said they weren’t accepted. In other words, they are selling to everyone, whether they can and will make it or not doesn’t seem to be a concern.
    If they were sincere in being able to tell people who really don’t have the financial and/or personal and business skills that this is not a good match for them, would be good. But they are there to sell programs, not really give advise. As the age old saying goes – buyer beware!

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    TL says:
    May 27th, 2013 at 9:12 pm

    I just experienced their 3 day event and I can attest that they DO NOT accept everyone…even those with cash in hand were denied. There were only 7 accepted from the hundred+ that were in attendance. Those that interviewed numbered about 30+.

  • Rating
      
    John says:

    March 11th, 2013 at 5:13 pm

    This company is a scam. They just took over $12,000 from a close friend of mine who is elderly and lives on a small amount of social security income (less than $12,000 a year) for her to attend a course. I wish legal recourse could be taken against a company that would be willing to take a year’s income from an elderly women. It wouldn’t surprise me at all if this company makes the national news for these scams shortly – I can already see numerous online complaints.

    REPLY

    Disappointed says:
    February 17th, 2014 at 12:27 pm

    I just watched in happen in Indy – 2-15-14 an elderly women putting up three credit cards – I left when I saw that. I am planning to call the Better Business Bureau as well.

    CaseW says:
    May 31st, 2013 at 1:50 am

    I can promise you this didn’t happen so you have been mislead in your information. This is not any amount of money they would accept in any situation 1. and 2. they do a check of finances and even if she was 100% qualified in her education if she was living on that little money they would never accept her into the program. They are there to sell their program because they want to give people a better lifestyle through real estate investing. You have to spend money to make money.

  • Rating
      
    Joriconis says:

    March 6th, 2013 at 4:52 pm

    The company has a catch which nobody tells you.
    Between “FLIP THIS HOUSE” guys and Fortune Builders guys(presenters) there is something weird which doesn’t add up.

    First you go to “Fortune Builders guys” free seminars offered on the Radio to give you the brainwash. You don’t see any FLIP THIS HOUSE” guys in person there only on posters…..Second, you buy a prepackage of $197.00 at the end of the seminar for second seminar. After the second seminar they will selling the opportunity business and packaging programs ranging from $500 to $25,000 even more if you are prepared to throw your money. Once you are in they will ask you for other packages as well which I don’t know it anymore because I passed….. If you think you are going to be successful from this, its up to you.

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    Curtis says:
    August 10th, 2013 at 5:21 pm

    I paid for the 197.00 seminar and JD Esajian WAS there and presented to us and talked to us one on one. Although I did not purchase the 25,000 additional training they wanted us to sign up for I DID feel that the little info they tossed at us was useful and the networking I did while their was well worth the 197.00 I paid.

    food for thought.

  • Rating
      
    Ryan Burk says:

    February 17th, 2013 at 10:49 am

    The entire course has nothing to do with teaching you anything. The only purpose of this event is gather your information to market and attempt to sell you more worthless information. The people that teach this course know very little about real estate and real estate law. Although they invest heavily in pumping the Internet with positive reviews, fortune builders is riddled with hundreds of comments by people that have been totally scammed. Search the web for information about these speakers.

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    Jon says:
    February 21st, 2013 at 9:52 pm

    Obviously Ryan, you have no idea what you are talking about. I am in the mastery program at Fortune Builders, have been in real estate for nine years, am currently flipping homes as my sole source of income and have been well educated be everything Fortune Builders has to offer. The whole course has fine tuned the art of rehabbing a house. I say that have had a fair amount of rehabbing experience.

  • Sonia says:

    January 25th, 2013 at 10:01 am

    What are the additional pitches and costs? So to actually get started.

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  • Rating
      
    Eric says:

    December 31st, 2012 at 5:13 pm

    BBB gives ‘Reviewopedia’ an ‘F’ Clearly, not a reliable source for information

    REPLY
  • Rating
      
    Jeff says:

    December 19th, 2012 at 12:27 am

    No problem with companies that are “up-front,” but this one requires reporting to FTC [and] BBB – they use FALSE UP-FRONT MARKETING! They have radio ads that say, “blah, blah, ‘Flip this House,’ and we are looking for a few people who want to partner with us and make money flipping houses.” What’s the FIRST thought when you hear that?

    Well, “Hey, I’m gonna be ON THE SHOW! This is gonna be [Flip This House in MyTown USA].”

    They do NOT tell you in the ads that they are NOT WORKING WITH / FOR “FLIP THIS HOUSE.” THUS, TOTAL MARKETING SCAM, because they imply the EXACT OPPOSITE – When you hear the ads, it’s like, “Wow! I could become part of the ‘Flip This House’ crew in my area;” and that is totally the OPPOSITE of the truth – if anything, you would be COMPETING WITH ‘FLIP THIS HOUSE.’ I am hereby reporting them to FTC and BBB – please join me, as that is the ONLY WAY TO PUT A DENT IN THE SCAM. You can WHINE ON HERE ALL YOU WANT, but that does NO GOOD! Fill out BBB, FTC complaint forms (they’re on-line – it’s very easy) – and let those entities know if you were scammed, and if the company misled you! Also, it doesn’t hurt to notify the Attorney General of your state as well.

    This is like the “Sure Money Auction” scams that used to go around the DC area – with “Tan Man and his wife” – showing them getting off a lear jet – claiming it was THEIR lear jet… blah blah. And YES, you really CAN make money on real estate; AND on auctions, but, as a licensed real estate agent myself, and as one who tried auctions, you HAVE TO *LIVE* IT! You have to go to auctions EVERY WEEK – multiple auctions – and most of them, you will leave empty-handed. Same with real estate – I took the 8 week course for my state, passed the exam and became licensed – you don’t “have” to do that, but the info you get is INVALUABLE! Then you can let your license expire or retire it, and you still have that knowledge – and my state school was very reasonable. Before you let it expire, work as a beginning broker for awhile and you will then get the feel for everything that is needed.

    So, if they were honest up-front, I might check it out but, since they LIED at the start, virtually “claiming to be part of Flip This House,” and making the listener believe THEY (US) WOULD BECOME PART OF THE SHOW – it is FALSE / MISLEADING MARKETING / ADVERTISING! Highly unscrupulous and unethical!

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    Delilah says:
    October 29th, 2014 at 2:55 pm

    Case W must work for them because they sure are defending it a lot.

    CaseW says:
    May 31st, 2013 at 1:54 am

    they never once said you could or would be on the show. They even say We are from flip this house. And if you knew what you were talking about you would know the show ended years ago. And that they even say,we will teach you how to become better in your area. The fact that you believe that is on you.

    South Texan says:
    January 18th, 2013 at 10:02 pm

    I just made it through the 2 hour sales pitch, tough on the heart strings with the presenter “Charles” and it was about what I expected. Seeing the posts that the levels go further and to 25K makes me leery…. sounds like its racket

    Tom says:
    January 6th, 2013 at 5:55 pm

    You only went because you thought u were gonna be on a tv show?? How stupid r u??

  • Rating
      
    Clint says:

    December 15th, 2012 at 6:25 pm

    I just came back from their ‘free’ seminar here in Topeka, KS and have to say that even being free, it was still to costly. From the presenter, Danny (a real full-of-himself jacka$$) beating his chest as to how great he is, to the total lack of useful information, this seminar’s waste of time can only be eclipsed by the 3-day $197 version!

    I left there thinking this is only the tip of the upsell iceberg and after doing some online research, I am correct. I would hope you could find better things to do with 2 hours than sitting through this painful exercise in patience.

    Sadly, I can never get those 2 hours back! Thanks Danny for nothing. Oh and by the way, I am smiling now as I write this.

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    Jordy says:
    March 3rd, 2013 at 4:38 pm

    Hello

    Thanks for your humor and response. I really appreciate your insights and comments they are refreshing…and most likely accurate!..Back to the future would be nice….

  • Rating
      
    Anita says:

    December 6th, 2012 at 9:45 pm

    My colleague and I spent $30,000 signing up for Fortune Builders. I’m not sure disappointed describes what we are feeling. He is just plain angry. He wanted a refund immediately. I, on the other hand, thought we should just give it a chance – work the “program” to see if what they did worked.

    Well – it didn’t. I would repeatedly ask questions that they would tell me had to be answered by my attorney. The weekly classes were full of “rah rah” and very little, if any, substance. The “how to” of flipping and the forms were so basic that anyone who has ever flipped should already have them in their arsenal. My colleague went to the live seminar to see if we were actually missing something and they tried to sell him the EXACT SAME THING for $5,000!

    Now, I’m just plain indignant.

    And, just in case you think you should join for the financing or the magic “list, don’t. I can get better financing through my credit card company at 20%. Not to mention their financing requires an inordinate amount of money down – even for hard lending companies.

    I could go on and on . . .

    Before we signed up, we made good money flipping. After we signed up and used their techniques – absolute disaster.

    We’re no longer doing what they suggest. And I wish I could get my money back. That $30,000 could have gone to another flip and actually MADE US money!

    Run . . . run fast.

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    Anita says:
    August 20th, 2013 at 9:23 am

    Anita number 3 here chiming in. Yea I totally agree with the origional Anita’s post…this course is horrible and they will SCAM you out of your money!! All they do during the courses is pitch you to buy their useless products. And when I say useless i’m being generous.

    Anita says:
    March 8th, 2013 at 4:36 pm

    I can be Anita too. I don’t think Anita above is the same person that reposted.

    Dave says:
    February 9th, 2013 at 10:24 am

    OH OH, looks like the legal aspect of Anita’s original rant has gotten to her.

    Did Pat Precourt threaten you with a deflamation and slander lawsuit?? that the reason your post now clarifies a few things..

    Anita, you were ripped off and that is the bottom line..

    Anita says:
    January 22nd, 2013 at 2:13 pm

    After writing the above post, Pat Precourt called me to discuss what had happened. Pat listened closely to my complaints and offered a viable solution to the problems.

    I am very pleased that Pat showed genuine concern, conducted the interview with the utmost integrity and contacted me several times until the issue was resolved.

    In all fairness, although the program did not work for me (which apparently occasionally happens), it does go way beyond just coaching. There are hundreds of people who HAVE built very successful businesses utilizing this program.

    Also, I would like to correct an inaccuracy in my original post. After speaking with Pat, the program my colleague was offered at the seminar was not the exact same thing as what I originally invested in. That part of my post was not correct and I regret the error.

  • Rating
      
    newmastery says:

    November 17th, 2012 at 9:21 pm

    I attended the three day seminar for 197.00 and did find that class useful. I thought it was worth the money. I did however purchase the mastery program and at this point I am disappointed and feel like certain issues were misrepresented. I went out on a limb to purchase it because of certain things they offered. I have been a mastery student for about 1 month. I hope my opinion changes. I have since met many people in the area that are flipping houses, wholesaling, etc and I do not think this program is worth the money. I would expect to pay something for it but not as much. I was sold, lock stock and barrel! Very excited! Only to find out that things we were told in the 3 day seminar were contradicted later. Lots of things I wont go into but all I can say is, yes they offer help, can you get the help they offer other places for free? YES, I would NOT recommend paying the cost of this course unless you have it to burn and then I am still not sure I would recommend it. Will you learn something? Yes. Is it worth the investment? I dont think so. If you are thinking of doing this, join a REIA investing group in your area and you will learn just as much! Wish I had my 25K back.

    REPLY

    Mary says:
    January 20th, 2013 at 11:06 am

    In the midst of teh three day seminar and need to make a decision on taking the next step. So much confusion on if it is worth it or not. Concerned that there will be additional pitches for money. Any advice?

  • Rating
      
    Sioux Falls says:

    November 12th, 2012 at 12:11 pm

    I just attended the 3 day seminar and can think of many worse ways that I’ve spent $200, and not had it last 3 entire days! Plus, you can bring a guest (which I did) and we split the cost. So, for $100, I more than got my money’s worth! I learned a lot. But, I had an open mind. I didn’t expect to not hear a sales pitch. I would have been a tad bit insane to think I wouldn’t have. Who doesn’t want to promote their business? To that…the Mastery program has 3 levels. All of which are not $25,000. The most expensive one is, and rightfully so. Who can create all of the letters, legal documents, tracking avenues, lists to follow, coaching, training for 6 months (how many jobs train you for 6 months before they throw you into the fire?) properties at your disposal that you didn’t have to go searching for yourself, and the list goes on. The last time I checked, if I tried to do all of that myself, being new to the game, it would certainly cost me a lot of TIME and money to put all of those things in place myself. Also, they have been doing this, successfully, for years and had the time and money to tweak these documents and systems that they have put in place. That is certainly valuable to me, in my opinion. Let them make the mistakes so I don’t. Also, if anyone invests any money in going to any of their programs/seminars….you can write it off on your taxes as an education expense! So, that helps. Another point…People spend anywhere from $15,000 – $25,000 on vehicles all of the time without batting an eyelash. Yes, they serve a purpose, but the everyday user doesn’t get to write that off. Yet, they pey it. Why? Because they want to get where they want to be FASTER and in a more convenient way than maybe walking or taking public transportation. Do they have to spend the money? No, they choose to. Same principle here. Peole can learn from the school of hard knocks, and spend more time and have to search out several different avenues to gain good contacts and processes, or do it the quick way and spend the money upfront to get it done FAST and have all of your references served to you on a platter. This certainly sounds more like a strategy to me versus a scam!

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  • Toronto Canada Resident says:

    October 31st, 2012 at 10:35 pm

    I”m about to attend the 3 day summit, I will leave feedback once this is completed.

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  • Chris says:

    October 25th, 2012 at 1:27 pm

    Hey Anna-Marie! ( :I am so behind on getitng back to you on your question about Reformation Day costume ideas we have had lots of company over the last few weeks. I know it is too late this year but I thought I would recommend some good books that you could be on the lookout for to use next year. The first was a bit pricey but well worth it: A Night of Reformation’ by Pam Forster. She shares some very simple ideas for costumes and the book is loaded with great ideas for celebrating and studying the Reformation in depth. The other book that I really liked for some cute period craft, food and costume idea to make is called The Days of Knights and Damsels’ by Laurie Carlson (in fact she has a lot of great historical activity books). I found this one at our library and used many ideas from it.I also wanted to thank you again for another great book recommendation Alternatives to Worksheets’ is awesome! I have been inspired to bring so much of these ideas into our school and my kids can’t quit looking through it as well! They were so excited with the ideas that they have started many projects from it all on their own accord! ( : Just wanted to say thanks again for another great book recommendation.Warmly,Mandi

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  • Rating
      
    Lani (Canada) says:

    October 22nd, 2012 at 4:48 pm

    I just attended the seminar that cost the $200. It was totally worth it. Naturally it was not THE course and they didn’t fully educate you in real estate, but what does anyone expect! For that $200, they did give us information, ideas and were available to pick their brains a bit. And yes to take their courses, it is a fair amount of money. But you are paying for their expertise, hard work, research, systems, etc. Any good business person would not expect someone to give that to you for free, nor would they give it for free. Although with my current business, I physically do not have the time to do it right now. I will definitely keep it in mind for when my circumstances change.

    By the way, I read some really ridiculous things in some of the reviews. After being in business and dealing with customers, I would just advise you to have your opinions about people who would complain about them not being served coffee, thinking that they should be given a product for free, etc. Also keep in mind that the “buy now” is not a new concept. Resorts, hotels, car dealerships, and many more have some kind of a “if you purchase now or online or something”, you can receive a discounted price. This should definitely not be a surprise. Even the well known department store, Sears, has different prices in their catalogues if you purchase before a certain date.

    So in conclusion, I did not feel pressured in any way. They simply offered me a course that I would rightly pay for and I could accept or decline. When I said it wasn’t the right time for me, they shook my hand and wished me well. And I left there with much respect for Jon and that team and for Fortune Builders and happy that there are still people out there trying to be positive. Thank You.

    REPLY

    Luzi M. (Palm Springs says:
    June 11th, 2013 at 4:17 pm

    Hi Lani,

    Just want to tell you I felt the same after the 3 day seminar.

    Thanks…

  • Rating
      
    Fatima says:

    October 20th, 2012 at 9:16 pm

    After being led to believe that I would receive helpful information regarding flipping houses I purchased this three day seminar for 200 of my hard earned dollars. BIG MISTAKE! Day one of the “seminar”, we learned what is pretty much already known in real estate, the basics. Constant reminders of vacations taken, millions made,and great lifestyles tempted me to stay for another day even though I was already annoyed by the bragging. However, on day two, not only did we not receive any new information, most of the day was spent advertising a website and resources that only a select “few” mastery students would have access to. I quickly began to feel my intelligence being insulted as the speaker, “Matt” repeated himself over and over again using different words. I am an adult and I do NOT need lecturing and life coaching!!!

    After the lunch break I thought maybe he would resume giving us insider tips on how to go about starting in this business, only to be disappointed once again. How dare these “millionaires” claim to care about uplifting the community by asking people who are clearly at their wits end financially, to spend the equivalent of some people’s yearly salary on a mentorship that promises nothing? I may have made poor financial decisions in my past, but I am far from stupid. After finding out that their intentions were far from helpful to anybody in that room, I decided not to return after the afternoon break. Perhaps the most insulting part was the threats from “Matt” that any negativity or words of discouragement would be thrown out of the “seminar”. I thought to myself, “How are facts negative?” and “How can he throw me out of something that I paid for?”. One of his “advisors” said that I should open up several credit cards to invest in this madness!!!!!

    Perhaps I had my stupid shirt on that day. I was thoroughly annoyed and insulted with the majority of these people’s antics. Only the weak minded would allow these people to believe that they are out for their best interests. I know that I am capable of achieving success without the “help” of these greedy misinformants. DO NOT BUY THIS!!!!Learn it on your own. Learn from my mistakes. I hope someone from FB reads this and develops a conscious….

    REPLY

    Robert says:
    February 25th, 2013 at 2:09 am

    I just completed the three day course in Tucson AZ and I COMPLETELY AGREE with Fatima. I understand that they want to “upsell” their other training products but the ratio of content presentation to sales pitch was so low, that the three days were a waste of my time. .

    john says:
    December 4th, 2012 at 1:51 pm

    The best deals are NOT on mls and that is a huge part of what you learn from fortune builders. How to find the private sales where people come to you. Also included is how to acquire private low interest rate funding to buy and rehab real estate. A realator is an important part of your team and they train you to make sure you have all the right people on your team. Also, if all you do is look local you are missing a lot of opportunities.

    real estate agent says:
    October 30th, 2012 at 2:08 pm

    YOU ARE SMARTER THAN most…go take a real estate licensing class and get your license…you will learn all the ins and outs including the ‘formulas’ to make the right decisions for a purchase to flip! The BEST PROPERTIES ARE LISTED ON THE MULTIPLE LISTING SERVICE..All real estate is LOCAL….
    Good for you that you you were annoyed by the flash of the presenters!

  • Bilis says:

    October 16th, 2012 at 12:33 pm

    I have signed up for the 1 day course. I am sure it will be a waste of 2 hours, but we will see. If I feel it is worth it I will get back to you. I currently own 7 houses with 4 being paid-off, and I hae done it all myself (on a teacher salary). I am more curious way someone would offer “secrets” his competion. (I guess it is still easier to hype-up people and take there money than it is to work for it). I wonder how the people who paid money are doing 1 year later??

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    Anita says:
    March 15th, 2013 at 12:56 am

    Dear Teacher,

    I’m relieved to see that you are flipping houses and not teaching anymore. I would hate to think my kids were being taught by you. You can’t even spell or use proper grammar. There are so many grammatical and spelling errors in one paragraph that I could barely understand what you were trying to communicate.

    Jeff says:
    December 19th, 2012 at 12:00 am

    And, Becca, seeing “someone” like you use “SOME ONE” instead of the correct “someone,” I doubt you are a teacher; unless, maybe you teach “shop class.” Don’t call “someone” out on bad grammar, when yours is just as atrocious!

    dan says:
    November 27th, 2012 at 5:15 pm

    Math teacher… hey Bilis, have you made any money?

    Becca says:
    October 19th, 2012 at 6:24 pm

    I have to ask, you are a teacher, and your grammar is THAT bad? I am a teacher as well, and seeing some one use ‘there’ when they should use ‘their,’ makes me cringe, especially when it is coming from a teacher.

  • Rating
      
    Scooter McGee says:

    October 15th, 2012 at 10:38 am

    I have a ninja-like rebuttal for motivational speaker – Ry-Guy, Ryan Burk
    Relationship: *Consumer Comment
    I take umbrage against the claims that there is nothing to be gained in the $197 3-day seminar for the “flip houses” Fortune Builder’s weekend. A solid 25% of my weekend was about flipping houses. That is HONESTLY 25% of down to the bone information on what a real estate investor is and is not (I learned that they should not be conflated as speculators – a thought that had not occurred to me). There was some amount of information on how to be one. So to suggest it was ALL a sale to sell the honest to goodness position as a student of the successful Fortune Builders system is disingenuous. And you are just one of the negative people who were warned early in the program that one of their seminar mates would inform the administration of the seminar and have them REMOVED. So, pay your $197, sit down, follow orders and if your financial situation is compatible, pay your at least $14,995 to have any chance of competing with the overwhelmingly organised organization.

    You see, to suggest that you could ever, EVER compete with this system is LUDICROUS and, in short, impossible. So stop your God-Danged negativity and get off of your back-side and live your dreams! Live them now or you suck! There are three types of people: those who do nothing, those motivated to change their lives and pay $197 and take notes at the speed of light before the slide changes, and those who do all of that and have immediate access to multiples of thousands of dollars or other financial resources/contacts. The message here is => the former are “losers” and the last, “winners”. Thank god I attended because life has never conveyed this message previously. If there is any doubt as to the complete veracity of my rebuttal, look up the word: facetious.

    Seriously though, it is a brilliant program in its conception. It is masterfully deployed to the masses in a bullet resistant woolly Kevlar business suit. I fail to see its morality as anything more than any other investment, as they pointed out themselves, “franchise like”. On the contrary it is marketed as a helpful solution to that which ails you. It is not. It is, very probably, a good wolfie investment in, well, a woolly Kevlar sheep suit. Thanks Ryan for the good info. but seriously I wish you would go all the way with the Karma narrative and just teach house flipping all weekend. Reduce the days to two, for example. Positive affirmations and motivations are fine. I have Tony Robbins CD’s that I have been using as Frisbee s for 15 years. And for God’s sake, kill the goofy videos. They are tooooooo “rich and cheesey”, not NINJA and a DEAD GIVEAWAY.

    REPLY

    real estate agent says:
    October 30th, 2012 at 2:11 pm

    Anyone taking this class and truly wanting to learn, should find a good real estate agent and work with that agent. Right now, little inventory, all the best on listed on the MLS…we are the PROS!!!
    If you knocked on my door, I would think you were offering me a SCAM. At least an agent/broker is licensed in the state and USES the state forms for purchase and agreement APPROVED by the attorneys of that state! The forms in this program may not protect you!

    Work with an agent! This is worth it!

  • Rating
      
    Paul Lipscomb says:

    October 3rd, 2012 at 11:13 am

    Matt,

    I just attended the event you held in Springfield, Mo., Sept 28-30, 2012. It was absolutely fantastic! You may remember the infamous dance off. Yes, I got new pants. Ha! Thanks for the $100! It was worth getting out of my “comfort zone”.

    After reading a lot of the reviews here, I find it unfortunate that some leave negative reviews when they either didn’t stay for the whole event, or left because of a preconceived notion. I recall quite clearly that you stated on the first day that this was not a get rich quick plan – and later in the day, even offered to refund the $200 to anyone that felt that this was not for them. That scored big in my book. Yes, there was a pitch for the Mastery program but that should be expected by anyone with a lick of sense. The fact of the matter is that there was a bunch of very useful information though out the 3 days. I took so many notes I had to get another notebook for the last day.

    During the event, I met Realtors, contractors, existing flippers, wholesalers and rehabbers as well as several newbies. In my experience, most all feedback I heard was very positive! On Saturday night after the event, I even went with some other attendees that I met who were rehabbing a house together and they kindly took me through and told me about their experiences. One had done 30 wholesales this past year and the other was on their 8th rehab this year. They were quite complimentary about your program and said it was by far the best they had attended.

    I thank you, and the rest of your colleagues, especially Susan and Christy. As I explained to both of them, I am currently living in both Miami, Florida where my wife is based as a international flight attendant, as well as in Springfield. I am currently remodelling the house my house there to either put on the market or to use as a lease for passive income. Either way, I plan to use it as a start for my real estate business. It was by chance that I was in Springfield for the free session, and the 3 day event happened to be when I was going to be back in town so I decided to come. Unfortunately, my wife was out of the country and I was not able to get in touch with her about investing in Mastery after I was interviewed. I so wish she could have attended the event with me. With that in mind, I would like to say how much I respect the integrity of Fortune Builders for not pushing me to join the Mastery program without being able to consult with her first – even though I could have done it financially at the time.

    I am very interested and think the Mastery program is not only worth the money, but the very best way to go. The coaching, workshops, programs and operating systems provided would make me much more comfortable as I pursue this adventure. When I am able to sit down in person with her, I am going to discuss the situation and if she agrees and you will have me I would love to join Mastery and be part of the family.

    Thanks again!

    Best regards,
    Paul Lipscomb

    REPLY

    Jeff says:
    December 19th, 2012 at 12:05 am

    Yes, Paul is a “paid shill,” aka “ringer.” He has been part of their team for 3 years now.

    Shawn says:
    December 14th, 2012 at 11:06 pm

    Paul are you a part of their team?

  • Annoyed as Hell says:

    September 25th, 2012 at 10:18 pm

    SCAM! Don’t do it unless you want spam texts and e-mails

    REPLY
  • Jon Giough says:

    September 14th, 2012 at 10:33 pm

    Bandit signs that talk about we pay cash for homes are illegal in Riverside California, yet fortune builders uses these bandit signs as an example of how to generate lots of leads to use with their fortune builder system. A BIG PROBLEM – I would get fined by Riverside County for posting thee signs. Keep your presentation information accurate and up front please Than!

    REPLY
  • Rating
      
    Greg says:

    September 3rd, 2012 at 8:44 am

    I attended the Cleveland summit this weekend. I was amazed at the program and truly believe it is well worth the price. I have been involved in real estate in some aspect for over 35 years from just following the market to homebuilding and land development. I unfortunately have been out of work for over three years in this lousy economy and could not risk what I had left in savings to purchase the program. Believe me it was a hard decision to pass on this opportunity, probably one of the hardest decisions I ever had to make.
    Don’t crucify a business for being successful. No one can go out there and create the program they offer by themselves for less money.
    Once I can afford to do their program I am in! The only disappointment I had with the program was it is a hard decision to make in a short time regarding the money especially in this economy. I wish they had a financing package available to purchase the course because I would have gladly considered that and pay them with my profits with interest. I just hope that things change sooner than later so I can join the bandwagon and make a quantum leap with my life.

    REPLY

    Donna says:
    March 5th, 2013 at 10:31 pm

    Greg, I too believe this program is incredible. I also agree that they need to offer some type of financing package. Not that many people can really just dish out $25K with no guarantee to gain it back in profits. It would be easier to swallow if there was financing available. I thought the 3 day seminar was very inspiring and made you take a look at your own life.

    Jeff says:
    December 19th, 2012 at 12:09 am

    If the business WAS ‘legit,’ they WOULD offer a fully-financed package, where you pay the cost through your profits – using some of “their” people as mentors. That’s what other legit programs do. But they just want to sell you some glossy marketing materials and an 800 number and be done with the ‘hands-on.’

  • Rating
      
    ima moofin says:

    July 28th, 2012 at 10:26 am

    A total misrepresentation of the facts. They offer a free seminar which leads to a three day “educational seminar” for $200 where they push the Mastery program which costs, well I didnt hang around long enough to find out but they said only the profit from one deal which throughout the seminar they were showing profits of $30,000 so God only knows, but all I wanted was someone to do what they said and not continually upsell me to the next program.

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  • Rating
      
    Helen54 says:

    July 1st, 2012 at 8:25 pm

    Fortunebuilders.com is a scam, I found that they own lots of different sites…

    REPLY
  • Rating
      
    Terrell Bridges says:

    May 15th, 2012 at 11:25 am

    Hello I read all the comments on here and see a wide range of feelings about this group. Some negative and some positive and like all I would like to share in the matter. I am not associated by no means to the company so like others on here I am what you called the consumer who paid $200 to see this three seminar.

    I recently attended the seminar here in Pittsburgh and I am the type that is brutally honest almost to a fault, so with that in mind I am going to tell it like it is. First you have to say to yourself if you are paying to go see something you know at some point they are going to sell you something if not you are crazy. The seminar is design to be informational and to someone who is clueless to real estate investing it gives tremendous starting point to a individual.

    It also gave out information on a system, how to implement the system and most important of all where they got it from that tiny little book called The E Myth. Remember it was at the very beginning,the system applies to any business not just real estate. So with that alone you can boost your profits in any field of business alone. If that is not worth its weight in gold than something is wrong with your mind but I will get to that later.

    The fortune builders group also gives you a marketing system that again you can apply to something else if you choose to. The fact they give you a map in marketing real estate is a real gym. Its up to us to see if it works. As far as the real estate knowledge they give you surface information. I have invested before but the old way and unfortunately lost everything, this group is showing you the techniques that work today and some of the members lost the old way as well. The have gotten it all back with this system so that says something.

    I am in the same boat as many with don’t simply have the money right now. It by no means that this is not worth it and give it. The main message that alot have forgotten was to change your mind. Think about this, Ryan said at the seminar I attended that is you can not stroke a check for $20,000 then you and I have a problem, like all of us should do is take responsibility for that (might ring a bell, stop pointing out and point in)really look at the situation there is a way out and its up to all of us to dig ourselves out.

    This is what really gets me people are disgruntled about the price of the program, do you go into a restaurant and tell them their menu is to high? Or in a major sporting event and the price of the ticket price is absurd? Or been told by a consumer in your field of business you need to lower your price? You got it exactly, if you would not do it to yourselves how can you expect them to? I give them credit they put a extreme worth and value on their product and offer it for sale. Its up to the individual to make a choice like we all have. They took alot of time and spent alot of money researching and simplifying the process. Do you all realize how much went into all of this? So how can we question the price this company set. Simplification is what you are paying for, and anyone that has invested before know that time is what takes up the most energy. I mean really look in the mirror Stevie Wonder this.

    The price of lending is the price of lending, to many people spend countless hours counting other people money. So what they are making money loaning it to you, did you not hear what they told you? Its not yours just as long as you have OPM you can still make a fortune. If you took out a 100k loan with them and they made 14k in profit but you made 35k who cares, they showed you how to not only do one deal but multiples at a time with the same system. So you can do it ten times plus, I know if I made 350K in one month but losing 140k is too much. LMAO get real we all would love to be making that kind of money and they are showing how by guiding you.Also take a look how the owner of the company puts himself on the front line and take on critics live on his personal cell phone. Do you see the owner of Verizon,GM, Harley and etc. No cause most are to busy sending someone else to deal with that so if thats not integrity than I am a idiot.

    Last but not least if anyone checked them out thoroughly, oh I’m sorry I’m going to give this away for free even though it took me 15 minutes to see so I could actually sell this information to you. They offer a opportunity to get the class for free, yes free its called a internship. Yes they offer it your time in exchange for there access and knowledge for 6 months. If you live in california or remotely close you and did not know that then, well take a look at yourself and you tell me. I’m here in pittsburgh and if that offer was here it would be a done deal and on my way to taking off to millionare status. You think I drank cool aid on this? You are sorely mistaken I like a few have change their way of thinking and is looking at something a different way!

    REPLY
  • Rating
      
    Tilly says:

    April 18th, 2012 at 12:03 am

    SCAM.

    Than will never stop sending you text spam. shameless !!

    REPLY
  • Rating
      
    Julius Haynes says:

    April 15th, 2012 at 7:27 am

    I am entering day three of the workshop in St. Louis today. Myself and a partner split the 200 dollar cost for the weekend and i have to say, my only real disappointment is the cost to join mastery. Jeremey Black is an excellent speaker and i took a lot of notes. I am almost 50 and have found myself starting over. I have a daughter in college, a son in Afghanistan and twins about to start middle school. I am very proud of my family and they are the reasons that failure is not an option for me. Unfortunately I just dont have the money. I dont have relatives to borrow from, credit cards or equity in my home (thanks to the downturn) but I refuse to let any of that stop me from succeeding, not even the fact that I cant afford this program. My faith and determination will see me through. Where is the value in criticizing these guys for what they have worked hard to build? If the program is for you, get in and if it’s not, dont. If you can do it better by yourself, go ahead. God bless you Jeremey, Than and Paul, someday I will be in a position to be one of your students but until then just stay true to your values and to the One that gave you the ability to have the success you have.

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    debraregab7257 says:
    February 4th, 2014 at 11:04 am

    Debra Regan says:
    Feb. 4, 2014

    Julius Haynes, I am also on the same page as you are, I just finished my three day seminar with Jeremy Black (on Feb. 2 2014) and am not able to join the mastery team right at this minute. But Christy gave me some great ideals to get to where I need to be so I can join the mastery team. I had a wonderful time with Jeremy (and the other members of the team that were there.) Jeremy, is very inspiring with his words and I will someday join the team and be a part of investing in my future. I have no ideal why other people can’t see that you are investing in your future with the money not joining to spend money!!

  • One born every minute says:

    April 10th, 2012 at 8:58 pm

    Chalk me up to being a sucker. I laid out the $200 for the 3 day event happening at the end of the month. Something told me to wait until I had the opportunity to read reviews on the company, but I decided to take a risk after they said the 3 days of “education” typically costs 3 times as much. I suppose my curiosity has cost me $200. I knew there would be an up-sale at the 3 day seminar, there usually is and I was not naive enough to think that $200 would teach me enough to close a deal, but not for $20K-$70K as some have stated here. Didn’t find that tid-bit of info on their web site either. Since you had to send and email for additional info on the mastery coaching I knew it would be costly, but this is just ridiculously expensive in my opinion. If I lay out that kind of cash there had better be more than “coaching” phone calls involved. Anyway, good luck to you all and congrats to those of you who have stated you are successful with the FB program, if that is indeed true.

    REPLY
  • Rating
      
    Dave says:

    April 6th, 2012 at 9:50 am

    I have been a Mastery coaching student for three years now and can say without a doubt it is a superior program to anything out there that any other educator offers. Everyone is entitled to their opinion about the value of different real estate educational programs and how you get educated so all I can speak from is my personal experience.

    When I first started investing in real estate it was tough. I had some good deals and had some bad ones and was working way too much. At that point all I was doing was reading books and going to seminars, but frankly wasn’t having a lot of success. I joined another persons coaching program and it was good, but I saw only marginal improvements.

    I then heard Than speak at a seminar in LA and realized what I was lacking. I understood how to invest in real estate, but I didn’t understand how to run it like a business built on systems. What he said really hit home because books don’t teach you how to build systems they teach you just the mechanics of how deals work.

    Shortly thereafter I joined the Mastery program and yes I too was hesitant as it is a large investment. However, taking a loss on a property because of a lack of knowledge on how to run a business can be much costlier.

    Well, I have been more than thrilled with my results since joining. In fact, my business looks very different now and is way more profitable. I am doing three times the volume I used to do and actually working less. I have a staff now that runs part of the business for me. It will take work believe me so you have to be realistic.

    The biggest difference is the coaching I got from Than, Pat, Paul, and all the coaches on how to actually implement their systems into my own business. I used to waste a lot of time and now I am much more strategic with my time because I think very differently. Before I was a mess (ha, ha) jumping from idea to idea and niche to niche and through the coaching calls I have changed everything. There have been deals they have told me to walk away or renegotiate which I know in the past I would have done and taken a beating on.

    Probably the biggest value though is the community of other mastery students. I have learned a ton from just hanging around and there are mastery students who been involved for years who make me look like a small fish. The last rehabbing event I was seriously impressed with how many people were doing deals. When I go to my local reia or other peoples seminars nobody is doing anything or they are a newbie.

    In fact, Matt Connolly, who posted below I have met multiple times at events and is exactly the caliber of investor I am speaking about who is also in Mastery.

    I just wanted to share my personal experience for what it’s worth. It is not an easy business by any means, but their program has changed my business so I felt compelled to share.

    REPLY

    lim says:
    August 8th, 2013 at 4:20 pm

    @ tim because they are paid bloggers for fortune builders. They do nothing but blog good reviews for them, and ridicule the ones that didn’t fall for their scam.

    tim says:
    December 14th, 2012 at 11:21 pm

    how much did it cost you? how come no one who did the mastery would tell the cost?

  • Rating
      
    Angry customer says:

    April 4th, 2012 at 11:42 pm

    I gave the rating of one star because zero is not available! To anyone who has the knowledge on how to get a refund PLEASE HELP ME. At the beginning, when they’re still trying to get your money, they were nice and easy to get in touch with. After that everything goes down the drain! Customer service support and or unavailable and finally when you had the chance to speak to a customer service rep they will tell you that that they will email the person in charge and will return your phone call. And naturally, they never returned any of my phone call. Also, if you happen to speak to a JOHN KING, hang up! HE IS RUDE! I am a Navy veteran and for JOHN KING to call me a coward and nervous, when he has never seen real life combat was uncalled for. But that’s ok, I wore the uniform to protect his free speech and so that he could insult me over the phone. PLEASE HELP ME GET A REFUND!!!

    REPLY

    LilOkkie says:
    January 28th, 2013 at 5:08 pm

    Than’s reply speaks volumes for his company. Hats off to Than. I joined the mastery program yesterday and felt good when doing it, however, after reading the reviews I am more nervous than ever but will move forward. I would love to hear from others that have joined and are having success. I am green to the business and am both excited and nervous.

    Than Merrill says:
    April 5th, 2012 at 9:27 pm

    This is Than Merrill, one of the owners, and I will be the first to take blame and fix a problem if a customer has an issue. The customer above did call in for a return the day after purchasing and the return was processed, today, a few days after he called in. I have fixed the issue as our customer service rep did not close out the ticket.

    More importantly after speaking with the customer I pulled and listened to the customer service call as he felt John had been rude. I personally have family members who have served in the military so this upset me when I heard it. In all fairness to John I wanted to listen to the call first before addressing him.

    On the call John never used the word “coward.” John did say he felt the customer was being overly nervous about starting a new real estate business.

    However, I absolutely agree that John did not represent what my company and I stand for and was rude. Heck, I was nervous when I got into the real estate business many years ago.

    That being said we have a zero tolerance policy for any rudeness of any kind and as of this morning John has been suspended indefinitely.

    Our customers and students success are very important too me and I will be the first to correct a mistake if one occurs. We have been in business a long time and have very successful coaching students around the country. My contact information is below if anyone has a question, a concern, or an issue.

    My Personal Phone: 858-255-1116
    Personal Email: thanmerrill@fortunebuilders.com

    Angry customer says:
    April 5th, 2012 at 10:31 am

    WOW!!! I actually spoke to Than Merrill this morning and he was very concerned and polite. He took care of my issue right away.

  • Rating
      
    Jeff Hatten says:

    April 2nd, 2012 at 9:36 pm

    My wife told me about the Free Workshop in STL. This is the first I’ve heard of Than/FB of coming to the Lou. That is how I ended up on this site.

    I’ve been investing since 1994 I started with Carlton Sheets ( worth the $200 I spent). Then read every book at the library on buying RE No Money Down. Bought, sold, rehabbed 100′s of houses and unfortunately I’ve lost it all after a divorce etc.

    When I’m ready to rebuild my RE empire. Fortune Builders is the way for me.

    Hope to get to see you all in STL.

    REPLY

    real estate agent says:
    October 30th, 2012 at 2:14 pm

    Get your real estate license and get back in!

  • Rating
      
    Nurse Manager looking for FREEDOM says:

    March 31st, 2012 at 6:38 pm

    I have not yet attended, but I am excited. I’m not sure why people are so upset that they are charging a fee for teaching you something. I don’t know about you, but I have 2 bachelors degrees & a masters… I happen to be a very good student and love to learn…so I ended up with a BA in psychology, a BSN & MSN (Nursing). I had to pay thousands of dollars to obtain these degrees, and while I make a nice salary, one year of work is certainly not enough to pay back the tuition I have paid over the years, and BTW, still owe & paying on every month. So if they charge $30k for “tuition” that will yield profit of much more than that in a short amount of time, then it seems appropriate; certainly doesn’t sound like a scam…it sounds like every university across this country; only maybe this one would actually help you earn enough money to pay all of them back and then some!!! So, after I go, I’ll submit my review…Looking forward to it!

    REPLY

    real estate agent says:
    October 30th, 2012 at 2:15 pm

    I can show you how to buy with that $30K and make a profit…I am a licensed agent…you can be too!

  • Rating
      
    Tony says:

    March 31st, 2012 at 2:19 pm

    I went to the three day summit in Columbus, Ohio on March 23-25. Jeremy Black was the speaker. First off, let me say, Jeremy did a great job. He would make a good speaker on almost any topic. I guess that is why he is one of the pitch men. As far as the summit, I have mixed feelings. I felt I got $200.00 worth of info. But I was disappointed about a number of things. 1) No, Coffee, Are you serious? You can’t afford to have coffee at a three day summit that last 9 hours a day. 2) The price was a shocker. From what was told by Momma Burk about the system, I did NOT feel it was worth the asking price. 3) The technique of buy now, or the price is higher is always a signal for me not to buy. 4) Momma Burk stated that she did not have access to the website because she was not a student. How can you sell something like this if you don’t use it yourself? ( I know that her son is a student, but if you are going to want someone to invest 20k-70k, you should use and know the “system” inside and out.) 5) I did not think the features of the system was explained well. I still don’t know what the passive club would get you. I wanted to view the website, to see the different programs and how they work. Especially the rehab cost software. 6) Unless a young person was investing with an older person, like a family member, I saw very few that were able to invest. I saw a lot of rejected young people with sad faces. I feel if FB was really interested in helping and giving back, they would help more people afford the system. 7) I kept hearing employees of FB say, “you need to have skin in the game”. That is why it cost so much to get the privilege to opt in. Come on, we all have skin in the game. Everyone’s future is on the line. People come to these events to get a better life, a more secure retirement and to be able to help family and others they know. HOW MUCH MORE SKIN IN THE GAME DO YOU NEED?. 8) I would have laid down the $25k in a heart beat, if they would have committed to financing at least two deals that they review for their students. If their systems works so well, why aren’t they willing to give that guarantee.
    Now, let me state that I CAN NOT say the system is a rip off, I have never been a part of it. But, the tactics of the summit make me wonder.

    REPLY

    real estate agent says:
    October 30th, 2012 at 2:13 pm

    Get a real estate license!

    Kim says:
    April 6th, 2012 at 10:07 pm

    I have to agree with you, Tony. Still have one more day to go in my seminar. I do not agree with their tactics, felt very disappointed. The workshop should have been called “Looking for Mastery Students” because they have spent too much time trying to get people to sign up. I knew it was going to be high when they would not say the cost up front. But when the price popped on the scene, it blew me away. In these times with the economy the way that it is, it took a lot of nerve to come in here and ask people for that type of money. I am sure they will offer other products that are less costly tomorrow. I really thought it was a full seminar about real estate investing not recruiting people to pay 25k for their program. Not saying it is not a worthy program because honestly if I had it like that, I would definitely get it, especially for the 2 day hands on with one of them. But with the way things are financially, its a hard pill to swallow.

  • Rating
      
    Dan says:

    March 28th, 2012 at 5:54 pm

    I attended the marketing and rehab seminars back in 2009. I would say it was 50% info and 50% sales pitch in order to get you buy more of their seminar products.

    Also keep in mind especially in Real Estate the devil is in the details. FB intentionally omits the details because the course work is not specific to any one region of the country.

    I have gained much more help from my local REI club. They invite me to attend for free, but I would not waste time with another FB course.

    Myself and several other “graduates” have built successful careers in REI, in spite of (not because of) FB and we all agree education is important but best focused working with accountants, attorneys, and other professionals do not rely on pitching educational products like FB to pay their rent.

    Also very annoying I still get TEXT SPAMS from Than .. SHAMELESS !!

    REPLY

    Curious says:
    April 28th, 2012 at 6:09 pm

    Dan, my hubby and I attended but did not buy the programs etc. Would love to talk with you for some starting pointers in our business if you are willing to chat? Would love to skype with you or something we are focusing on flipping and building our business plan now seeking a good CPA and attorney.

  • Rating
      
    Barb Bernard says:

    March 26th, 2012 at 12:25 pm

    My husband and I just completed the 3 day weekend in Omaha, NE. After reading the above reviews I had to respond about my experience. To begin with, we feel that we did get our $200 worth on this weekend. Believe me we can easily spend $200 on a weekend just going out to eat, to a show or movie, and not learn a thing. For us it was worth it.

    We did not invest in the mastery program because it did not fit with our goals. There were no promises of slides to be sent later. I took about 50 pages of notes. I confess that I am a compulsive note taker, but have learned NOT to write down things that don’t apply to me. Obviously there was a lot that did! We are very near retirement and are not involved in buying or selling real estate. We have one 4 unit apartment building that we have owned for 5 years. We learned a ton about how to better utilize our existing retirement savings. We found out a lot of things we have done wrong and even some we got right. The goal setting exercise was helpful in clarifying what we want and how to get it.

    I wasn’t crazy about the revival/AA style of some things either. I just chalked (not caulk) it up to presentation style and got over it.

    We went into this expecting an upsale so it wasn’t any surprise to us. We focused instead on what we could get from what we heard at the weekend.

    I don’t understand why it is a problem to learn from Jonathan’s personal story. Everyone in the room probably had one. We all know people who have experienced tragedy. What helped me was hearing how he came through it and found a way to apply it to my life. I found it sincere and honest and encouraging. If you didn’t then fine, but give the guy credit for not giving in to a situation that a lot of people don’t and won’t overcome.

    REPLY
  • Rating
      
    Bob McIntosh says:

    March 21st, 2012 at 6:37 pm

    I want to be totally up front, as of this posting I am NOT a Fortune Builders employee, however I am a mastery student since 2010. Here has been my experience.

    I am the biggest critic of all. Prior to signing up for mastery at an event I asked every mastery student there what they thought of the program and how they have been doing. At the time the response was overwhelmingly positive. I then spent several hours googling everything I could find out about Fortune Builders, and it has been mostly positive (if it were all positive I would be more worried). After all that my dad and I decided to go for it. We plunked down a very hefty amount of money, there was no question about that. However what we have learned and the ability to surround ourselves with these types of people would have been worth that kind of money over and over and over.

    There will be sales at the seminars… if someone told you there wasn’t going to be, then that person lied. However there is also a mind numbing amount of information that will help you. Will it be EVERYTHING… NO! If it was, then they wouldn’t be around for very long… it costs money to put on events and they have to recuperate those costs somehow! So just be prepared for that, but also prepare yourself to take copious notes, and learn everything you can.

    Now… if you are already actively investing in real estate, have been doing flips, or are a real estate expert already, then Mastery is not likely for you. Can it still take your business to the next level? Absolutely, you just need to be open to the idea. My dad and myself were total noobs to real estate, we had done one deal and botched it pretty badly, so we knew we needed help and we found it. Our first two deals netted us $40,000 in profit. We have done 2 more rehabs plus several wholesale deals since that time and have netted approximately $50,000 more. So clearly whatever they teach.. .works… if you follow it. Oh yea… that was all while working my full time job!

    Is it a lot of money to outlay for knowledge? Not if you need it
    Will you make more than you spent? Yes! As long as you follow their program and ask lots of questions!

    REPLY

    LilOkkie says:
    January 28th, 2013 at 5:18 pm

    Thank you, thank you, thank you for sharing your experience as a novice starting the mastery program. I look forward to making my money back that I paid for the course and profits after that.

  • Rating
      
    Natomas says:

    March 19th, 2012 at 10:21 am

    *Consumer Comment
    Report: Hi,
    Disclaimer: I am not in any way connected to Fortune Builders, or Ct Homes or any of their employee or students. In fact, I am not even in real estate business. I am actually, an executive in biotechnology industry and my only connection to this was my spouse wanting to start her own real estate business and my support to her when attending Fortune Builders seminars.

    I may sympathize with above rip-off report but i don’t think it paints balanced picture on FB seminar.
    My spouse and I just completed 3 days seminar March 16-18 in Sacramento, CA; my spouse was interviewed and selected to enter mastery program but we did elect not to pursue at this time. Probably, due to not enough information, time or just it was all new to us and we just wanted to let it sleep before we make an informed decision. Perhaps, my spouse would decide to pursue Mastery program later on.
    Here are some of my comments:
    1. 200$ spent was worth every cents – in fact more than, what we have learned during these 3 days could potentially be a money savers for us, for example: just a few tips given at seminar on retirement could be quite beneficial etc. There were many, many other quite useful tips it is my opinion.
    2. Although tiring (seating 8 hours, 3 days in a row), coffee free (talk about cost management) and small not comfortable chairs, meeting were highly professional, motivational, positive and have also thought about life in General with quite a content and references. Great presentation from Ryan Burk and JD! Good job – Consequently, I might be using some ideas for my Team building, as well.
    3. Tuition fees for mastery students although high at first (15-40K) were not transparent prior to the Seminar. I would highly suggest to Than and his Team to consider being more transparent about prices and curriculum just like any University program would be with of course their own touch. They should not be afraid to this, at all. In fact, if my spouse (we) had more time to evaluate the program prior to the seminar, she might have made her decision during if not prior to the seminar, to consider pursuing mastery program. More importantly, it is my opinion that by being transparent that FB would be able to attract higher quality of students, which should be the goal of any quality educational program, anyways.
    All the best to FB, mastery students and all of the rest of seminar participants.
    1,2,3 Crash it!

    REPLY
  • Rating
      
    RDCIP says:

    March 11th, 2012 at 5:19 pm

    I attended the event in Columbus, Ohio and was very disappointed after being told on the first day that this was not going to be a sales pitch nor would we be ask to go to the back of the room and give someone our credit card. If only that were true. Fortune Builders are on the cutting edge. The cutting edge of how to give you just enough all the while pitching an obscenely priced training/coaching program(s) ($39,997). This Three day event consisted of approximately 50% content and 50% sales pitch. However the content was provided in such a way to make the attendees feel they would need a coach to successfully pull off one of these deals. If you are selected for the Mastery program and shell out the nearly $40k, when it comes to coaching, you only get 12 months. Wow!

    Most of the staff was wonderful, however every group has that one person, and this one simply ruined the event for myself.

    If you are going to attend one of the 2 hour or 3 day events, just be honest with yourself and understand that it is a sales pitch. Nothing if free no matter how it may appear. Fortune Builders is just another traveling seminary group selling motivated people who have or have access to money big dreams for even bigger prices.

    REPLY

    James says:
    March 22nd, 2012 at 12:50 am

    Very well said because what you said is all true and then some. Most people who go through these programs NEVER get a housing deal, & their mentor/coach just puts them off until their 1 year has expired. DO NOT WASTE YOUR MONEY at these events.

  • Rating
      
    Than Merrill - Owner of FortuneBuilders says:

    March 11th, 2012 at 5:00 pm

    This is Than Merrill and I am one of the owners of FortuneBuilders. I take a great deal of pride in both our real estate business and the real estate educational business and the services we provide to investors and our coaching students. I also take any concerns people have very seriously so I feel the need to respond to a few of the anonymous comments below.

    We have thousands of customers and hundreds of coaching students we have helped build very successful real estate businesses over the years.

    I know personally from working directly with our coaching students how many people’s lives we have changed for the better. To get just a small sample of what some of our amazing coaching students are doing read further.

    Below is a link to just some of the weekly case study webinars from coaching students who have completed recent real estate deals. Our coaching students volunteer do do these case studies of their deals. This is why I love coaching because you see people who previously have never done a deal grow to doing multiple real estate deals a month.

    Take a look at just a few students who are in our coaching program who have done this to see what our coaching has helped them achieve. They are investors from all over the country and all walks of life.
    http://www.fortunebuilders.com/case-studies/

    With a growing business we have challenges just like any other business owner. But I will never hide from any mistake and always try and correct it to the best of my abilities.

    Like any business there are people who do business the right way and people who do it the wrong way. In the real estate education and seminar business there are both. However, for anyone who anonymously posts “scam” or that we are not real I personally invite you to come visit our office in San Diego and see all the real estate deals we have going on right now or anytime in the future.

    I will be happy to personally take you or have someone who works for me in our investment business take you on a tour of our current deals. I do not hide and will put out my personal information below for anyone who has a concern or somewhat skeptical.

    My Personal Phone: 858-255-1116
    Personal Email: thanmerrill@fortunebuilders.com

    It is a lot better to speak directly with me than just jump to incomplete conclusions about us. Also, if you have a major problem with anything, as we do deal with a lot of people, you by all means can speak with me personally.

    People who don’t know much about us can be quick to judge and group us with some of the other real estate seminar or educators out there who they may have been turned off by.

    We are real, we are very successful investors in a relatively flat market, and am proud to say what we teach is up to date and will help you be successful in today’s market. We also have hundreds of coaching students who you can also contact and ask them about their business as well.

    Also, in response to a comment about just providing training materials, books, videos and a few hours with a personal coach.

    This isn’t even close to being accurate as to what we offer in our coaching programs. I personally created our coaching curriculum along with a team of eight programmers, an e-learning specialist and multiple real estate experts both in my business and outside of my business.

    We have everything from real estate coaching systems for wholesaling, rehabbing, rent to own, short sales & pre-foreclosure, REO investing, lending, an business building. We also help investors with legal set up, have a full time attorney and CPA on staff that we pay to help give proper advice to students.

    Not to mention the five different multi-day advanced trainings we do many of which I teach personally. We also offer websites, SEO services, and a complete CRM/Database, leads, and proven marketing materials. We also have beginner and advanced coaching calls and webinars we do 2 x 3 times a week. Many students are still using these 5 years after they have launched their business. There is a mastermind group for coaching alumni and we have even provided financing in some cases for students. Our rates are not cheap on financing since it is our money that we loan and very typical of a hard money lender 14%. That’s why we also teach investors how to raise private money that is much cheaper for their rehabs.

    Obviously, I take great pride in what we have built as I consider it my life’s work. Coaching is not an inexpensive e-book, course, or a book. Just like you our time is very valuable. We have invested over a million dollars in building all of these tools, resources, and coaching for real estate investors who are serious.

    Our coaching is definitely not an e-book, or a home study course, this is a “franchise like” business model with programmers, coaches, staff, and a full support staff of very experienced investors.

    Coaching is very time intensive and we are successful at what we do with our coaching students. Our coaching is premium investment and not for everyone by any means. We also have some starter courses, but there is a reason that 98% of our student success stories come from coaching and not just our books or videos.

    I believe in coaching and have had many coaches and mentors in my life throughout the years that have helped me tremendously. It’s just like going to the gym. You can definitely read a book, create your own plan, and go to the gym by yourself.

    Or you can hire an expert trainer/nutritionist who knows what they are doing, with a system and a plan that has proven results, that will definitely get to your goal a heck of a lot faster.

    In business and in real estate it is no different.

    REPLY

    Chuck Carlton says:
    March 20th, 2012 at 8:41 pm

    Than,

    My wife and I attended FB Real Estate Insiders Summit on
    March 16-18, 2012 in Stockton CA. Although, we did not buy the Mastery program at this time, does not mean we won’t buy it later. I would like to take you up on your offer to visit your office in San Diego sometime this year.

    Thanks,

    Chuck & Andrea Carlton

  • Rating
      
    Matt Connolly says:

    March 11th, 2012 at 12:48 pm

    After reading the reviews some have written here, I felt like I should share my personal experience in dealing with Fortune Builders. I have been a mastery student since 2008. Everyone is certainly entitled to their own opinion, and so I thought I would share mine.

    It seems that some folks here have had some negative experiences, and while can’t comment on their issues, I will briefly mention my personal experience. I have been a mastery student for 4 years, and have nothing but great things to say about the company. They have always gone above and beyond my expectations. Coaching isn’t for everyone, but I will tell you without the knowledge I learned from Fortune Builders I would not have been able to close nearly 100 deals since starting in 2008.

    I don’t share the # of deals to impress anyone, but just to let you know that I am actively investing and working successfully in the business. Like anything in life, you get out what you put in. I was willing to pay the $$ for quality coaching and bust my butt to try and make it in this biz. 4 years later, I can say without hesitation I wouldn’t have made it without the guidance of coaching from FB.

    I have seen other coaching programs out there and I feel like the Fortune Builders crew is the best. They have such an infectious positive attitude that breeds success in so many students. Their company has grown leaps and bounds since we joined the mastery program. Their network of students never ceases to amaze me. I have actually done multiple deals with other mastery students in my market (Charlotte). I don’t know of any other community of students that is like the one Fortune Builders has built.

    Anyway, that is my personal experience. I find that people are more likely to write about a negative experience than a positive one. So I thought I would take the time to share my experience because I don’t believe the experiences expressed here are a proper representation of FB and the integrity they have. I personally know the impact the FB crew has had on other lifes, but especially the impact it’s made on my own life.

    -Matt Connolly

    REPLY

    MAC says:
    March 2nd, 2014 at 11:05 am

    Hi Matt,

    I am so glad to hear that you are not only nearby but successful. I am a few hours east of you, and I just signed on with the Mastery program. I have done some investing, but still quite green in general.

    It is good to hear that this program is legitimate. After spending the large sum of money for this program, I am a bit concerned that it will be all that they say.

    I met some great people at the 3 day meeting and I am pretty excited to get started. Could I reach out to you via phone to catch up on FB for a few minutes? I would greatly appreciate it!

  • Back Row says:

    March 10th, 2012 at 12:35 am

    I attended my first day here in columbus Ohio and after reading this I am very disappointed to hear the news. I guess this is why I just increased my credit limits on my cards like they ask me too do. Guess Im the dummy! I will go the next two days and try and pull info out I do not all ready know. They obviously know more than this 3 year investor and Im always up to learn more.

    Jerald is a fine speaker and I do enjoy listening to his sermon.

    REPLY

    Next To The Back Row says:
    March 10th, 2012 at 7:03 pm

    Well, it’s unfortunate, but, I have to add my share to this post. Had I known this was a Carlton Sheets program, I would have never encouraged my team to tag along. I invested in the CS Program many years ago, and was totally disappointed at the lack of “support” offered. It wasn’t until the $69,999.00 Inner Circle Package was presented, that I pulled out my phone and began searching the web for more information.
    Seminar attendees are encouraged to spend OPM … And now, I understand why they keep repeating that mantra over and over. The main speaker has a way of pulling you into this world of dubious real-estate fantasy.
    So, the name FortuneBuilders, is accurate … They are making a fortune! People, if you have $70,000. Or $30,000. To invest …do it for yourself … Not for someone else! After all, they taught me that much! Quite making money for other people!

  • Rating
      
    Matt Gordon says:

    March 9th, 2012 at 2:22 pm

    Hi, my name is Matt Gordon and I’m the Customer Service Manager at FortuneBuilders. I wanted to take some time to address another comment below as I feel I may have caused the issue by an oversight on my part.

    I take a lot of pride in my job and the level of support we offer at FortuneBuilders and I, personally, am always striving to make it better, since I run the department. We recently switched phone providers and I accidentally forgot to forward one of our phone numbers to our customer service line that we use in some of our marketing. I am human, after all, and make mistakes like we all do, so I thank you for letting me know.

    Once I figured out the problem, I resolved it immediately and you can always get through to reach one of our five customer service representatives. Unlike most customer service departments, we do offer the ability for our customers to leave us a message, which will be returned in 24 hours or less if we are on the phone. Over the weekend, we ask that you give up to 48 hours to return a voicemail. Our phone lines are open from 8 am to 6 pm PST, Monday through Friday and from 9 am to 3 pm PST on Saturdays.

    You can reach us directly at (619) 881-0575 with any questions or concerns or you can send us an email directly to support@fortunebuilders.com.

    We also have a separate coaching support line for our coaching students that is answered by Molly, Pat, Than and the other coaches.

    If you contact us and do not receive a response from one of our customer service representatives, please send me an email personally at matt@fortunebuilders.com

    Thank you for your understanding.

    REPLY
  • Rating
      
    Mike Williams says:

    March 9th, 2012 at 9:35 am

    I have been a FortuneBuilders student now for a number of years and been to a lot of their events. I have met Than as well and many of the staff and really believe these guys and their company have the utmost integrity. Everything they teach is up to date and cutting edge. I had the chance to go to the Rehab bootcamp in San Diego and that event was one of their best. We went out and looked at four of their deals and they walked through every aspect of the deal
    so we could learn.

    I am happy to say since going to their events I have bought a few rentals and done a few rehabs so what they teaches definitely works. It isn’t a get rich quick business by any means and it takes hard work, but if your willing to do it you can do very well. I am a testament to that.

    I also have love working with JD Esajian who is one of the coaches at
    FortuneBuilders. He helped me tremendously and can’t speak highly enough
    about him.

    Mike Williams

    REPLY
  • Rating
      
    Reply to Jonthan says:

    March 9th, 2012 at 4:48 am

    Jonathan, Isn’t new technology Grand:

    Using your tracing software you were able to find out my unlisted phone number and call me. Isn’t that special, just 3 days ago I sent the “not much help support-desk” an email that told them to take me OFF their email list and not to contact me ever again…since you nor them would, could or were willing to produce the presentation slides that you promised us (and I have asked a few others that attended and they didn’t get all the slides either, what we got was barely nothing) …when you repeatedly told us not to take notes…that you would send us the slides. Under promise and over deliver???

    So since you were able to trace my post and get my unlisted phone number, I’m sure you have my name and phone number and mailing address also, so do one of two things, send me the ALL the slides you promised or the refund of $200. It’s that simple. The only person I will speak to over the phone is Than Merrill and I’d love to have a chat with him…but apparently that’s not going to happen. Not good customer service Than.

    Next time, before you have someone spend $200 bucks, you might tell them how much your program is so they can decide if they want to proceed. I think that was a real rip off…Because IF I had known the cost UP FRONT for the program was $20,000-70,000, 14% to loan THEIR “students” buy money…which you would think since they were already being paid $20,000-70,000K for coaching, they wouldn’t gouge their students for the use of their money, I WOULD NOT HAVE SPENT THE $200.

    I didn’t bash your personal story I criticized the reason you shared it, it’s an old sales trick to get people emotional so they will spend money. I don’t agree with those tactics and I’ve never used them. I think you are better than that and stated so Jonathan, and some day if you learn how to sell your product by delivering some REAL MEAT in the presentation, you won’t need to use that tactic and people (that have $20-70K) will sign up because of the evidence of proof you provide showing that it works, not because they were emotional.

    I don’t doubt Than’s, Paul’s or your successes or your automated mailing software but I didn’t hear anything about the additional cost of that automated program, I looked it up on the FB resources page, it’s about $300+ per month for a medium version and more for the full version. Is that an additional cost to the already expensive coaching this company offers? The details were not discussed at the seminar…oops, did you forgot to tell us about that little extra hidden cost.

    My doubts about the company’s ability to deliver on promises are made based on the FACT that we DID NOT get the promised slides. And IF I did misunderstand (I didn’t but let’s say I did) what slides we were going to get, it is because you repeatedly stated that you DID not want us to take notes, you wanted us to look up at you, you wanted out attention on you and you said it several times all three days, you would be sending us the slides.

    The few slides we did get didn’t even begin to cover a fraction of the material you covered.

    I did not attack your personal business efficiency, I’m sure you are very efficient in your own business or you wouldn’t be where you are today. I’ve researched you and you are successful. But what you are trying to sell with a few pictures of people you SAY are successful doesn’t prove anything.

    Boring: only because you didn’t have any REAL MEAT (evidence of proof) in your presentation of students successes, only photos with blurbs, no local examples of the real estate market in Sacramento when I know you could have used the MLS you belong to and pulled information from all throughout California, same as the MLS in Sacramento.

    You had videos of “other seminar attendees”, why didn’t you have LIVE videos of the now rich and happy students with contact info so they could be called to verify what you are trying to sell us. Haven’t you heard the old saying: “Telling is Selling.” Provide evidence of proof and the product will sell itself.

    The revival style selling hype, repeat this, raise your hand for that…dude that got old after the first two times.

    Hey Jonathan, I have a picture of me standing next to a check made out to me with 7 figures on it, and I’ll only charge you $20,000-70,000K to teach you how I made that…so sign here and press hard, there are three copies, and make your check payable to my corporation. Spending 9 hours three days in a row telling you why you should give me $20-70k to coach you to make that same 7 figure income isn’t going to convince you is it?

    You stated: “As far as giving out all the slides I do believe you misunderstood. I said I would be giving some of the slides in a few of the presentations, but not every single slide. People do not feel the need to take notes if you give out every single slide. I believe it would be a disservice as the trainer to not engage people. You definitely have a right to disagree with this, but this is what I have found to be true.”

    We are going to have to agree to disagree with each other on this. You repeatedly stated that we would get the slides, you DID NOTE WANT us to take notes; you wanted our attention on you. Now I know why you have the “no recording rule”, if we could have recorded you I could have counted up how many times in each of your presentations that you told us you would send the slides, not to worry about taking notes.

    My time is too valuable to play ping pong with you about this so I’ll just caulk it up to my own stupidity for believing you would follow through on your “under promise, over deliver” and call it a day.

    FYI: I have paid good money for professional coaching and marketing programs to a company where the owner himself flew in on his private jet that he owned free and clear to give his seminar and his program was affordable and worth every penny…and in a room of over 500 people he didn’t spend half a day on rules, he encouraged people to record, video and take notes of him. Big difference! He didn’t have anything to hide.

    After you gave us all those ridiculous rules (except to turn off cell phones) when the majority of the room was filled with people over 50 I became suspicious. There is usually a reason someone doesn’t want to be recorded…and the excuse you gave was also weak.

    You run a large business and you know the copyright laws, so don’t use something that has copyright laws and let people record you, it’s not that difficult to do. Or with all the money you and your company are making, buy the rights to use it.

    Maybe I also misunderstood your extravagant open house where you had the title and loan people pick up the tab for the cost, but if you ask DRE (here in California) that can get you and them in some deep, deep trouble.

    At $200 bucks a pop for approximately 150 people that paid you and your company made $30,000+ minus the expense of the room, you got paid some BIG Bucks for those three days, as you said; your time is worth a lot of money…so is mine.

    So unless you want to pay me $1000 per hour for my expert advice on how to really get your product sold and how to put on a seminar, without all the revival type hype and hand raising, using STRAIT talk that provides evidence of proof (if there is any besides you, Than and JD) that your product/program is worth what your company is selling it for, we are done here.

    Good luck.

    REPLY

    Than made good on promise says:
    March 26th, 2012 at 8:56 pm

    I want to thank Than Merril for getting me the slides AND refunding my $200.00.

    I had a great conversation with him and he is a sincere person.

    I would venture to say that Than’s program, although not for the seasoned veteran, may very well benefit rookies looking to get into the investment business.

    I do hope that someday he will offer some of the automated programs to seasoned veterans looking to tweak their business without the large outlay it costs for the less experienced, I would be interested in taking a look at that program.

    Best wishes Than.

  • concerned says:

    March 8th, 2012 at 5:51 pm

    My husband is attending this weekend as a guest. He is under the impression… you work for a specific group of investors looking to buy homes to flip. All you would do is locate the homes for them and they will invest to flip… any insight on this?

    REPLY

    Dave says:
    March 9th, 2012 at 10:01 am

    I have been to this workshop before and they teach you how to locate distressed properties in your local area and then flip them to other investors yourself by either wholesaling or rehabbing the property. They do focus a little on buying and holding property for cash flow as well, but the major focus is on flipping.

    They do not flip the houses for you if that’s what you mean. They teach you how to do it yourself as an investor and provide a lot of helpful tools and resources.

    I do know they partner on deals with students as I have since become a coaching student and on some of the weekly calls we do they have walked through case studies of joint venture deals they have partnered on with other students.

    I will say that their Mastery coaching program has helped me tremendously. I was somewhat skeptical because of the price, but since joining I can say it has been worth every penny. I have flipped a handful of properties since joining the program. A great example is two weeks ago I was stuck on how to put together a transaction since the buyer was about to walk and that same day I spoke with one of the coaches and he helped me restructure the deal and it closed nine days later.

    I can’t say enough about their coaching. I also have spoken to quite a few other Mastery students whose businesses have taken off because of their coaching. That’s my experience.

  • Rating
      
    Jonathan Steingraber says:

    March 7th, 2012 at 10:34 pm

    In Response to previous review.

    Hi this is Jonathan Steingraber the speaker at this particular FortuneBuilders event and this response is long because I take great pride in what I do personally. I love this business and I love teaching other people how to get started in this business for them selves. I just read your post and I thank you for your feedback, however I would like to personally address some of your concerns.

    First, I would like to address what you said about my personal story. If you look at my story as a sob story than you missed the point. After my story I get 50+ hugs from people thanking me for sharing my story and how it made a positive impact in their life. The next day I get 5-10 letters and gifts from people thanking me for sharing. After the event, even weeks after I get cards and letters in the mail talking about how this story inspired people to make a positive change in their life. On my facebook page http://www.facebook.com/njresn I always get people thanking me as well. I know my story does not relate with everyone and that’s what I ask people to take the lessons I’ve learned and apply them to their own life so they can get something out of it. The Lessons are below.

    Lesson Number 1) Always Be Positive
    Lesson Number 2) Forgive (Yourself and Others)
    Lesson Number 3) As Your Life Changes Your Purpose Changes
    Lesson Number 4) Be Aware of Opportunity

    For some people my story and the lessons have been a huge turning point in their life and I’m proud to share it and continue to keep my promise to my little brother.

    I’d like to address some of your other comments and concerns:

    At the event I don’t spend time talking about all the money our students make because that’s not what people came to the event for. At the event I did tell people that if they want see numerous case studies of our successful coaching students to go to our website if they want more information and they can also check out the testimonial binder that we had at the event.

    In fact, every single week within our coaching program we have a coaching student conduct a “case study webinar” where they walk through one of their recent real estate deals so other people can learn, as every real estate transaction is somewhat unique. We record these case studies and post them on our website. Than specifically told me that if people want more information to point them there.

    Just go to the site below and you will see people from every walk of life and every area of the country having a lot of success in this business utilizing our intensive coaching program.
    http://www.fortunebuilders.com/case-studies/

    People come to my workshop to learn, not to talk about how much money other people are making and that’s why we covered so much content in 3 days.

    If you didn’t learn anything, then I apologize but I also congratulate you because after over 20 years of being in the business you have obviously learned a lot. Most people who attend real estate workshops are relatively new so you have to cover the basics if you want to help them be successful. Most people do not have 20 years experience so you have to start with a lot of the fundamentals and then dive deeper.

    What I do know is that Than and Paul are two of the most successful investors I have ever met who run a very successful real estate business in San Diego. These guys are the real deal. I have seen people who have been in this business for 20+ years come and visit our office and they are blown away by what we do.

    We buy and sell a lot of houses in San Diego every year and we do this business at a very high level. That’s why I choose to work with these guys on deals and why I have my own deals as well.

    In fact, I would be more than happy to take you or anyone else who is skeptical about whether or not you can actually do this business in today’s market on a tour of all of our ongoing real estate projects right here in San Diego.

    At anytime during the year I could personally walk you through from 7 to 15 large rehab deals we are working on, not to mention 10 to 20 smaller wholesale deals. We have an office of 12 people who work within our real estate investment business; anybody would be highly impressed at how efficiently the business is run. Email me anytime if you would like to take this tour: jons@fortunebuilders.com

    As far as our coaching is concerned, I would like to address that as well because I started out many years ago as a coaching student and it helped my personal real estate business tremendously.
    Believe me, the coaching program does not just consist of templates and scripts. Maybe I didn’t communicate it that well when I was discussing it, which is my fault.

    In fact, our coaching is a very detailed coaching program with all the tools, coaching, support, and technology that you need to be a successful real estate business owner. Personally, it took my business to the next level so when Than asked me to teach this class I jumped at the chance to do so.

    As far as me being boring. Well, I try not to be, but I guess we can all learn to be more exciting. I do try my best to use Accelerated Learning Techniques so you don’t fall asleep and you can retain the information at this event. The whole idea of answering questions, repeating what I ask, and filling in the blank with words is for increased retention of the content being delivered. We’ve all been to seminars before and it’s hard to stay awake if it’s not entertaining, engaging, and interactive so we make it all three, or at least try to. All weekend long I have students come up to me thanking me for keeping up the energy but I’ll continue to improve on this.

    As far as the rules of the event. Rules are important, especially when we have a couple hundred people in the room, so we spend time on the rules so everyone can get the most out of the event. Because of the rules the event goes smoothly and better networking is accomplished.

    At the end of the event we ask attendees questions about how we are different and what their favorite parts of the events are, and repeatedly we get the response of how much information and golden nuggets were given for a few hundred dollars.

    In regards to your comments on the RESPA laws. I double checked just to make sure. I actually called the real estate commission to verify what we’re teaching. If you look under the Publications tab at http://www.dre.ca.gov and then specifically under the Referral of Customers for Compensation Code 10177.4 you will get the exact letter on this law. Maybe I should be more specific about the professionals sponsoring being present and advertising their services at the same open house luncheon. I thank you for that feedback as well.

    Everything we teach is 100% legal and ethical because that is the only way to run a business long term. Throughout the whole event we promote doing this business with integrity and taking the server approach so I’m sure you appreciate that.

    As far as giving out all the slides I do believe you misunderstood. I said I would be giving some of the slides in a few of the presentations, but not every single slide. People do not feel the need to take notes if you give out every single slide. I believe it would be a disservice as the trainer to not engage people. You definitely have a right to disagree with this, but this is what I have found to be true.

    This event changes people’s lives regardless if they are able to move forward with our highest level coaching programs or not. And that is our goal. To create an experience and give people what they need to make a positive change in their life.

    Lastly, we do have many different programs that range from wholesaling, to rehabbing, to office systems training seminars, to business automation tools, to much more intensive one on one coaching programs and mastermind groups. We NEVER offer discounts after the seminar on ANY of our highest level one on one coaching programs. I do know that when people call our office after the event we do have and offer lower level beginner programs which is very different from our higher level programs that you have to apply to be part of. Rest assured you do not get a better deal by holding out as you state. That is simply not the case.

    More importantly, I am sorry the event wasn’t what you expected and as you say was a “waste of your time.” As a company we do not want to have anyone who is unhappy so I am more than happy to refund your $200 no questions asked. All you have to do is email me personally at jons@fortunebuilders.com and I will mail it to you right away.

    If it would help and you would like to get more information about a specific presentation I did, just email me and I’ll send you some notes and bullets on it.

    REPLY

    tim says:
    December 14th, 2012 at 11:54 pm

    it is great to be engaging but i think you guys need to give people the powerpoint so they can pay more attention to the speaker instead of trying to play catchup and missing things that the speaker may be saying….

    RDCIP says:
    March 11th, 2012 at 5:00 pm

    I hate to admit it, but a lot of this post is true.

  • Rating
      
    Not Stupid says:

    March 6th, 2012 at 9:47 pm

    I’ve been in real estate for 20 years and I’m a broker. I have been to ALL KINDS of seminars, but this one was the worst. At the initial meet and greet you are told that you will learn a ton for another $200 (and that the company will lend money to their students to buy homes…but at the seminar you learn that their rate is 14% YEEE HAAWWW!!! And that’s after you spend $20-70K for their program).

    So $200 buys you and one other person a ticket to a 3 day revival type selling technique that is so boring you would fall asleep if you weren’t raising your hand every 5 seconds to repeat what the speaker wants to you yell out on his command. I stayed because I wanted to see if there would be something offered that I could use that would help me get my $200 back, but no luck.

    The first half of the day was spent going over rules: no cell phone ringers on, no recorders, no video’s, etc. etc. etc. the rest of the day was spent on why you need this to make money but they wouldn’t tell you how much until towards the end of the second day; but then after they told you, Jonathan spends about an hour telling you a personal family incident that is supposed to get you all teary eyed and concludes it with…and that’s why I’m glad I found this program…to soften the blow of the cost of the program. Jonathan, save it bro. Everyone in the U.S. has a sob story in this day and age, even I do, but we don’t use it to get people emotional so they will spend money.

    I’m not saying that what happened wasn’t tragic, it is and was, but don’t use it to sell your program, it’s beneath you and if the program is really that good, if you would have had live REAL examples that you could have produced (students making money), the program would have sold itself.

    As far as the actual material they offer, it could be effective and very useful but I’m not going to pay $20-40K just for some outlines of letters, an automated mailing/CRM program and someone to coach me to do what I’ve already been doing for 20 years.

    And the young man that was giving the seminar, Jonathan, boasted about utilizing your loan, title and other service people to pay for an elaborate open house they called a “party”…sorry bro, RESPA LAWS are RESPA LAWS and they don’t bend the rules for anyone or any “Party”.

    The most disappointing (but I suspected it was BS from the start) was that as people were frantically taking notes, Jonathan told us several times throughout the presentation that HE WOULD SEND ALL OF US THE SLIDES (he said it several times all three days) and not to worry about taking notes, he wanted us to pay attention to him.

    It was BS for sure, I got 18 slides and a couple of other excel spread sheets with a schedule on them and a video of how to make a hand written form letter…WOOPTY FREAKIN DO…LOL, give me something I didn’t know for the $200 bucks I spent.

    I emailed the company several requests to provide the slides and they replied that they sent all that they had and that was all that Jonathan sent them to send us. I tried to email Merrill directly but they screened it and I got an email back from the same help desk with the same message.

    So as it stands in my mind, although Jonathan continued to taunt that their company “under promises” and “over delivers”, they did not deliver on their promise in the least, could not or flat out refused to deliver the “Promised” sets of slides to us and if they can’t keep that easy of a promise then I’m sure they can’t deliver on the other ones that you pay $20K, 40K or as much as 70K for.

    Whether you are licensed or not BEWARE of the “neat” marketing ideas Jonathan shared, they can get you in deep poop for sure with the authorities.

    The short portion of the seminar about corporations was so vague it gave me no more information than I already knew being in business all these years myself…”you get taxed according to how and where you set up your corporation” REALLY??? I didn’t need to pay $200 to know that or hear things that could get me in hot water with authorities that might be ok back East but not in California.

    I’ve taught several investors how to invest as my clients without charging them a dime (maybe I should have…LOL) but I did as a courtesy to them for using my real estate services and none of them had to worry about breaking any laws or spending another $40k for the advice.

    The other thing that really seemed odd is that they did not (although the MLS reaches throughout California) provide or have any local Sacramento real estate examples, they did not have any of the “now rich and happy students” come to share their experiences in person. They only had pictures of them and blurb quotes.

    They did have video recordings of others that attended their other seminars that raved about the seminar so why not have live videos of those that have gone through the $20-40K or 70K program??? There sales pitch is real weak if you ask me.

    If I had or for that matter anyone had a program that they are charging $20-70K for, and there WERE successful people that have gone through the program, I would pay for my students to attend and for their time to come to my seminar and share with others.

    Of the people they had come on stage, one was not even signed up in the program I found out later, one had just signed up and the other had been doing it for a year. Jonathan’s business partner was the only one besides Jonathan that has made any real money but from what I gather it has mostly been done back East.

    So when you add these deficiencies in the sales pitch up, to me it’s all BS. If it works great, but I’ll never know because instead of bringing people (students that have used the program and made money with it) to give testimonials, they used revival style hoop la that didn’t show us anything but a bunch of hype. YOUR company needs to show us the MONEY and then we will show you OURS, but you first since you want $20-70k.

    I’m not sure why Than Merrill would let someone give a seminar that didn’t have some real meat in it, but as far as I’m concerned it was a waste of 9 hours 3 days in a row and $200 I could have put to better use.

    Than Merrill, you need to revamp your delivery and show some true life examples in the areas that you want people to spend $20-70K on your program, do that and you can save people 3 days and 9 hour days of hype and just get to the point in one day. Your program will sell itself, IF it really does what it says it does.

    As it is now, you were able to sucker a few people that did buy into it, but if they don’t become successful you won’t have to come to Sacramento again, word will get out and Sacramento although it is the Capitol of the State, is still a close nit town. Bad press travels fast around here.

    For those few that spent the money for the program I do hope someday you can tell the world how rich you are and how well Than Merrill’s coaching and other programs worked for you, I’d love to admit that I’m wrong.

    However, you might want to note that about three days after the seminar, I was contacted and offered another less expensive level of the program for $3-7K. I declined becasue I still think it’s a bunch of hype, accept for the automated email and letters (but not for even 3K would I buy it). So instead of you spending a minimum of $20K, if you would have held out, you could have saved about $13K. Now how do you feel about the program? Maybe the company can give you a rebate…RIGHT…LOL.

    REPLY

    ACINKC says:
    March 19th, 2012 at 10:48 am

    Glad you posted this! I have been in real estate for 15 years and worked with lots of investors! I try to tell people that these types of classes are a scam! I get calls from people that have seen these types of classes advertised on TV.

    Bottom line; all an investor needs is a knowledgeable real estate professional, that they trust, helping them! You can take that $20K-40K investment that you would put into their program and buy your first investment; and already be on your way to making $$ and bypass this system!

  • Rating
      
    elane says:

    March 5th, 2012 at 6:03 am

    These guys are professional scammers. Slick speakers talk you out of a couple of hundred to attend a weekend seminar. After the seminar you’re told that you enroll in their six month educational program for half price, as long as you pay in full today. Half price is 40,000 dollars. That’s right 40,000 for training materials, books, videos and a few hours with a personal coach. Unbelievable.

    REPLY
  • Rating
      
    Vet says:

    March 1st, 2012 at 3:43 pm

    Been in the business over 20 hrs and spending money on this course is a vast waste…there are no shortcuts and there is a reason he name drops on his site..marketing and name recognition is the reason. They charge thousands of dollars for what you can learn from books..yes, of course the info they give you are vague but as a RE expert myself they appeal to those unaware of the business and the processes..PLEASE save your money…can say people didn’t tell you!!!!….this week they will be in San Diego

    REPLY
  • Rating
      
    badapple says:

    February 23rd, 2012 at 12:27 pm

    Fortunebuilders.com is a dubious outfit. When contacting their customer support, their voice mail always always stated that their agents are too busy, asking for leaving a voice msg. When messages are repeatedly left, there are never return calls. When dialed their direct line published on their webpage, fortunebuilders.com, you are told the number dialed is incorrect.

    REPLY

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