Is FortuneBuilders a Scam?- Important Review Facts!
Is FortuneBuilders a Scam?- Important Review Facts!
Owner: Nathaniel Merrill
Overall Rating: 7 Out of 10
FortuneBuilders is a business opportunity that involves in real estate investment, they also offer training and personal development training to help you become an expert in the art of real estate investment.
The simple trick about this investment is buying low and selling high later.
Is this company another piece of scam out there, another high-priced deception, or will they provide you step by step guide of how you can go about the real estate investment?
Most of these questions will be answered by the extensive research we did about the FortuneBuilder.com in this article.
Find out whether you will actually make money or if you’re better off exploring other options to Make Money Online
What Is FortuneBuilders All About?
FortuneBuilders is a company that offers you a proven method of investing in real estate.
System and various courses are sold to their prospective customers that want to start making part-time or full-time income from real estate investment.
Merrill a university of Yale graduate started real estate investment around 2003. He founded this company from the year 2006 and has been engaging hundreds of people ever since then.
How Does FortuneBuilders Work?
How FortuneBuilders work is simple. You look for a very cheap real estate property and repair or refurnish it to be sold at a very good price.
This may be rundown homes, desolate commercial properties in a business streets or town.
This company becomes very important when it comes to how you will go about the real estate contract, various laws and management, and risk involved in this kind of business.
This company remains relevant in this area because they claim to have extensive knowledge in those areas.
I will advise you to follow what they recommended to you because you will be using thousands of dollars into some properties and it won’t sound well losing all that money due to your ignorance about a part of the real estate investing.
What FortuneBuilders Has to Offers
First looking at their website, you won’t get basic information about how many hours their classes and coaching will last.
Below are The Products And Services They Offer.
The company teaches its students programs which include:
- Real estate appraisal- Properly getting the value of a property.
- Marketing- Getting the right buyer to buy at a very good price.
- Escrow- The In and Out of the contract.
- Financing- How to obtain enough funds to fund your business.
- Construction management- How to do repair and some basic repaired.
- Property management- Tenant management and renting of the house out.
- Property disposition- Marketing and selling commercial properties.
- Business management- They are tools and technology to help you achieve more.
- Human Resources Management- Getting people you shared the same purpose.
FortuneBuilders funnel is a good one to go through before actually going for any investment.
The FortuneBuilders funnel includes weekend event and Mastery courses and seminars.
The Seminars is about 2 hours and people that want to learn more about real estate come to this particular center in their city.
During the seminar, they will woo you as an attendee to attend the weekend events that cost almost $200.
The weekend event will introduce you to all you have to learn to be successful in the business, but the entire secret won’t be given to you still.
Just as we have it for the 2 hours seminar, they will advise you to join the FortuneBuilders during the weekend event to have access to their Master courses.
All you will still have is a college knowledge about real estate, but the founder said it’s his condense knowledge.
FortuneBuilders’ Mastery Education
Merrill outlines the various software and management techniques he has acquired for 14 years. They also assign trainers with you to go about your real estate business journey.
These trainers will share their various experience with you how you can close a deal and get your clients.
The FortuneBuilders Workshops.
What you will get here is not just a tool, but what you will need to make you more successful on your journey.
- Mastery Coaching – They guide you on investing into properties from their support and wealth of experience, you are also having likeminded people to relate with.
- Marketing & Wholesaling Bootcamp- This will guide you on how to set up your company, write a marketing plan and do all the necessary things to get sales.
- Online Business Bootcamp. Their online boot camp contains how to use Affiliate marketing and every other marketing skills you will require getting it right.
We discovered that Fortune Builder courses do not come cheap, though their prices were not stated on their website some of the people that attended said they charge them $15,000 and $34,000 for their Mastery program.
This is why a few do the mastery course. Others who did subscribe said it does not worth it and few others actually said their training was great.
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Who Is This For?
They told you that FortuneBuilders can work for anyone because they will teach you the skills. But in the real sense the business can really work for some certain set of people:
Routine People- People in the military will do well with this opportunity because they are accustomed to the routine.
This is because you have to learn about the business at least once a day. Your success here depends on your routine.
People with an Entrepreneurial Spirit- Entrepreneurs take a risk every second. And if you want to go into real estate you must have the entrepreneurial spirit not to be afraid of losing money.
The FortuneBuilders program is a bit unclear about their plan, but it takes a huge, education and experience that will help them a sum of money to learn all you need to be successful in it.
FortuneBuilder is a great opportunity if you have the money to fund it, but know that you will only be successful if you have an entrepreneurial mindset and have a routine.
Does FortuneBuilders Eliminate The Risks?
This is a good question because you will be investing good money.
You can only eliminate risk by having the entrepreneurial minds and studying every day to be on top of the game in your industry.
Self-education is the best way to avoid almost 80% risk in your real estate Endeavour.
While we can’t avoid mistakes, we can reduce it because the expert also makes one.
All you need to do is to calculate the risk and take an intelligent one.
Final Thoughts: Is FortuneBuilders A Scam?
FortuneBuilders is not a scam. They have a lot to offer an individual that is interested in the real estate niche. They offer value to the people that buy them.
Real estate is a great business.
However, you should be aware that there is an investment in time, money, and effort required and you will not make a million overnight.
Getting your first sales to come in will take some time, and it will likely to a couple of months or more before you cash your first check. Also, it comes with no guarantee.
Depending on the market you cover and existing relationships you can farm, it can be a feast or famine situation.
We don’t recommend getting into real estate unless you have a lot of knowledge about this industry because you can lose a lot of money as many Americans have learned from the last a few years.
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Do you have any thought or comment about FortuneBuilders? Drop your comment and contribution in the comment box below!
Thanks for reading.
All the best!