Fortunebuilders - Than Merrill

Commercial Real Estate Investing
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Fortunebuilders - Than Merrill

Rob Ford
Jacksonville Beach, FL · Member since 2012 · 3 posts · 0 votes

I have been attending the FB flip summit in Jacksonville this weekend and have been offered the "mastery" program, which is a honor....but at the same time, the fee for getting in is $25,000. I realize the systems they have put into play is worth that and more, but at the same token, I would like to speak with others who have entered this program and see what kind of results they have gotten from all this??

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Don KonipolBusiness Member
Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
13y

If you believe you're being "honored" that they will accept your $25,000 you have already drank the cool aide.

Private Mortgage Financing Partners, LLC
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  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    13y

    If you believe you're being "honored" that they will accept your $25,000 you have already drank the cool aide.

    Private Mortgage Financing Partners, LLC
    WebsiteView Page
    2Reply
  • Glenn Espinosa
    Rehabber · Alexandria, VA · Member since 2011 · 446 posts · 171 votes
    13y

    What does this $25,000 fee get you other than entrance into the program? Is it money put towards a partnership deal? Even then I wouldn't do it.

    I would never spend that much on a program. Go out, get your feet wet and get a flip going on your own! If you lose the $25,000 then you still would have gained more experience than that program, IMO.

    Seriously though. Read FLIP: How to Find, Fix, and Sell Houses for Profit by Rick Villani 3 times in a row. After that if you still feel like you can't get a flip going with your $25,000 then you are simply not meant for flipping or are totally risk adverse. Maybe try wholesaling?

    1Reply
  • Kyle J.
    Rental Property Investor · Northern, CA · Member since 2012 · 5k+ posts · 5k+ votes
    13y

    There are quite a few threads on here about this already that should answer your question(s). Here's one of the longer ones:

    http://www.biggerpockets.com/forums/79/topics/73606-is-fortune-builders-mastery-program-legit

    2Reply
  • Dean Letfus
    Specialist · Memphis, TN · Member since 2012 · 1k+ posts · 1k+ votes
    13y

    If you can't easily find a lot of people who have "built fortunes" using their training you would have to question their ability to help you. And if they also sell you real estate, even through a third party, while you are a student then keep away.

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