You’ve gone through thousands and thousands of websites, and you’ve finally found this fancy-looking real estate investment coaching program only to ask yourself:
Is Fortune Builders a scam or a genuine educational platform that I learn from?
You see, I understand that the brand name is indeed an attention grabber. Who wouldn’t want to build a fortune during these trying times, especially from the comfort of their home?
Well, similar to my previous review on World Wide Dream Builders, the brand name says it all. It is as if you know right from the very beginning that this is a company that aims to help your build your empire in the field of real estate.
But here is the thing…
You have to remember that not everything you see online is true to its word. In fact, a quick search on Scam Watch shows you that for 2020 alone, about $89 million are lost online due to online scams.
What is scary about this is that the number of reports for this year keeps on growing, and by the looks of it, it’s not planning to stop anytime soon.
As you probably have searched online, there are countless ways to earn an additional income, and real estate one of them. Investing in properties can undoubtedly increase your financial status, but it can also send you to the point of no return.
This industry calls for rigorous training since it is almost impossible to become successful on your own. Realizing this, more and more companies are responding to this challenge by developing educational platforms such as the one I’m writing of today.
I know that there are numerous training tools and educational videos online about real estate, but joining a paid education company might prove to be the best option after all.
And when we’re discussing real estate investment courses, then it would be foolish to overlap the one that has been making the most intense buzz lately – Fortune Builders.
Let me be completely transparent before I proceed with this review.
I am not in any way associated with Fortune Builders, so you can rest assured that I won’t try to pitch or sell you on their courses.
Instead, I will help you make up your mind whether you want to invest in this course by showing you all the realities and sharing all the less-known facts of the product. So, if you are ready to begin, then buckle up and off we go.
The Fortune Builders Family
Fortune Builders prides itself in being the “premier real estate education” company with their fool-proof systems, training programs, tools, and coaching sessions for aspiring real estate investors.
It was founded in San Diego, California by real estate moguls Merill, Esajian, and Sopielnikow in 2006 and Inc. Magazine quickly recognized it as one of the nation’s fastest-growing companies.
The three of them started their journey as a team back in 2004 when they founded CT Homes, LLC. Based on their company’s timeline, they were able to flip their first property on that same year too!
The following year, JD came into the picture as he helped the team complete a hundred real estate transactions by the end of 2005.Than Merill is one of the most successful people in the field of real estate. He is a sought-after public speaker who started his speaking engagement career back in 2006 in front of the members of the Real Estate Investment Association (REIA).
Paul Esajian holds under his belt a degree in Economics from the University of California. He is the CFO of three multimillion-dollar companies, namely Fortune Builders, CT Homes, and Grand Coast Capital Group.
Like Merill, he also wrote a book entitled The Real Estate Rehab Investing Bible (available here) published by Wiley Publishing.
JD Esajian is the current president of CT Homes, LLC, and he oversees all the deals and rehabs for the company. Unlike Paul and Than, he does not have his own book, but he is regularly involved with the Fortune Builders’ charitable initiatives.
Konrad Sopielnikow is a graduate of Yale University and is the man behind the technology, innovation, and legal systems for the CT Homes and Fortune Builders. His expertise in business systems and technology enabled him to expand the company’s online presence.
Aside from the founders, Fortune Builders also has a comprehensive list (more than 25!) of experts and coaches who have specific expertise. Depending on the event and the session topic, those who are enrolled in the course can meet them all.
What is Fortune Builders?
To simplify, Fortune Builders aims to teach aspiring real estate investors how to go about and earn continuously from their time-tested systems. It is considered to be the perfect educational course for people of all sorts of levels as you will get actual information from successful real estate stars themselves.
I don’t know about you, but for me, an experienced coach is still better than others who only rely on textbook knowledge. Yeah sure, a great book goes a long way, but a great mentor can take you even further.The Fortune Builders features a pretty big online community. What I love the most about the company though is that it actually has a ton positive reviews from actual atendees.
You see, the thing about scams is that you can easily spot them based on the quality of reviews. This program on the other hand garnered a whopping 4.5 out of 5 stars from 913 reviews! Check out this video below to see some of the comments of the attendees from the Fortune Builders’ workshop.
Fortune Builders’ Training Products
Like what I have been telling all my readers in most of my previous posts, you should invest in yourself first before investing money right away.
Similar to that notion, Fortune Builders states that the sole purpose of their training is to share their knowledge, systems, and coaches with investors at all levels – from aspiring novices to experienced veterans.
With that being said, the curriculum for their courses is explicitly designed to cast light on the challenges that surround investing and running your own business in real estate.
The company offers three things: a Mastery Coaching program, real estate investing events, and materials for real estate investing courses.
Before you become a mastery student, you will be tasked to complete a form on their website to book an interview schedule. After the interview, they will “prescribe” you with the path you need to take to begin your journey in real estate.
But please do note that depending on their prescription, the course fee may be anywhere between $35,000 and $40,000!
The Mastery Coaching program is the all-in-one package which features things such as the one-on-one mentoring and support, the weekly live training sessions, course materials, and access to live events and bootcamps.
The live events are as follows:
- Full Immersion
- Passive Cashflow Intensive
- Wholesaling Bootcamp
- REO and Shortsale Bootcamp
- Marketing Systems Immersion
- Rehab Bootcamp
- Intensive Mindset
- The Money Academy
- Rental Property Intensive
- Internet Quickstart Academy
- Office Systems Academy
- Online Business Bootcamp
The real estate investing events come in different titles such as Acquisitions and Wholesaling Bootcamp, Rehabbing Bootcamp, REO & Shortsale Bootcamp, and the 3-Day Real Estate Workshop. All of these are only reserved for registerered coaching students.
Lastly, they also feature the course materials or what they call the “blueprints” for harnessing the best investing strategy. There are four courses to choose from:
- Marketing for deals $1197.00
- Rehabbing and maximizing profits $1197.00
- Wholesaling for quick cash $1,197.00
- Tax liens and tax deeds $397.00.
3 Fortune Builder Realities
Reality 1: The price of the course may overwhelm you! 😵😵😵
You see, I understand that real estate investments involve risk and that you might find solace in knowing that you learned from Fortune Builders…but is it really worth it?
While there is not doubt that their curriculum can turn you into a pro with its comprehensive topics along with the 1-on-1 coaching, the expensiveness may stop almost everyone on their track. Just take a look at some of the blueprints from above which show you that each course costs around $1K on average.
Don’t get me wrong, I am not saying that it is a deal you should avoid taking. At the end of the day, it all depends on your budget and on your seriousness about this type of investment.
But for people who feels unsure of gambling a huge chunk of money like that, I suggest you stay away and take a look at my number one recommendation for making money online at the end of this review.
Reality 2: You get to learn from the “brain” you want! 👍👍👍
Fortune Builders have different coaching levels by which you can have access to a wide range of real estate investing coaches.
What sets this educational platform apart is that you can be coached by the leaders in the field based on a niche you are interested in.
I’m not sure if you knew, but other similar educational platforms usually have no more than five teachers to handle the coaching sessions. It does sound kind of sketchy at first, don’t you think?
Reality 3: You are not just paying for the course, you are also paying for the tools 🧰🧰🧰
If you are really interested in joining this program, then you might become even more motivated because based on my research, the platform offers you different tools that aim to make your life easier.
The tools are quite relevant, which makes me think that maybe it is one of the reasons why the payment for the course is so big. Some of the tools you can use as a Fortune Builder member are the deal analyzers, the repair estimator, and the readily available templates and plans.
So, is Fortune Builders a Scam?
I know how hard it is to invest your time and hard-earned money without determining whether the educational platform you are choosing is a scam or an actual legit program that can help you thrive in these chaotic times.
Well, there’s no doubt that their flagship course and live events are well thought of and are beneficial for those who aspire to earn from real estate.
In essence, Fortune Builders may not be a scam, but in all honesty, I believe that this is not an opportunity that everyone can take due to the courses’ heavy price tag.
Why Not go for something that’s more budget-friendly? ☺️
Now that you’ve found out whether Fortune Builders is a scam or not, you might be seriously wondering if there are any other legit and investment-worthy platforms out there.
Well, wonder no more because the answer is yes.
There are other platforms online, and as promised, I will gladly walk you through my most recommended way to earn passive income online.
Similar to you, I usually spend my waking hours looking for genuine income opportunities online. I have tried several promising applications and websites, but nothing comes close to my experience with affiliate marketing.
Unlike the courses under Fortune Builders, it teaches you the winning ways and gives you the bulls-eye formula to succeed in this online business by building your own website in a niche you’re actually passionate about.
The platform I’m talking about doesn’t require you to have a degree in computer science, and it has one of the most welcoming communities you can find nowadays.
The platform I’m talking about is called Wealthy Affiliate.
It features an extremely close-knit community that enables you to reach out to any member at any time during the day and get all the support you need to jump-start your new online business.
You can sign-up without paying a dime, and I promise that you won’t get surprised by any hidden costs along the road.
Some of the members are currently earning four figures of passive income within their first year of starting. The following screenshot is proof of that. All the training and tools you need to thrive as an affiliate marketer in this online chaos can be found within this platform.
You’ll get a chance to learn all sorts of new skills such as; how to create a site, how to build traffic, and most importantly, how to monetize it into a successful source of passive income.
I’m also a member of this community and can personally vouch for the legitimacy of this educational tool. My knowledge and skills in building and managing sites are what got you here on this page.
Hopefully, my review of Fortune Builders has shed light on the intricacies of their courses and ultimately answer the question of whether this educational platform is a scam or not.
If you liked my unbiased review, I would highly appreciate it if you would share it on some of your social media platforms. Also, if you have any additional questions, feel free to comment them down below, and I’ll get back to you as soon as I can.