Investor · Atlanta, GA · Member since 2017 · 58 posts · 18 votes
Hello!
I attended a Than Merrill workshop this past weekend. The attendees could apply for the Mastery program (I was unaware this was Fortune Builders prior to attending) They offer "hand holding" in the Mastery program to ensure you will be successful. I filled out an application and one of the staff interviewed me. During the interview, I was asked to call my lines of credit and ask for an increase. I found that a bit odd. I finally asked how much the Mastery Program cost..... $20,000 to $50,000 dollars. WOW.....!!!!
Has anyone here attended this program? It is very expensive and is it worth the cost?
@Christy Holt. I've been full time real estate investor for almost 10 years and have been flipping houses from the very beginning. I've purchased different guru programs that have added knowledge to my businesses both with flips, SFRs, and commercial properties. I've used Bigger Pockets and other free sites to gain knowledge as well. I'm also in an area that doesn't have a REIA club or few full time investors to lean on.
I attended a Fortune Builders event in August 2017, thinking if I could do nothing else, I could give out some business cards to newbie investors for future wholesale leads / deals. I listened to the speakers, reviewed the material, and made the decision to join the Fortune Builders Mastery program. It was difficult parting with $35,000, but so far I've not regretted this decision.
I joined Fortune Builders for the systems and processes, which come from CT Homes LLC which was featured on Flip My House. They also aspire to the E-Myth mentality. Their support group is great, there are unlimited calls with coaches who are active in real estate and following the Fortune Builders disciplines, there are tons of documents and continuing workshops throughout the year with tons of networking opportunities. There are constant calls from the main office to make sure you are engaged and helping to determine what help you may need.
I'm hiring a temporary person to come into our office to help implement the systems and document the processes for our company to follow. My businesses have lacked appropriate structure. This has limited my profits and has left me involved in the details on almost every aspect of my businesses. I honestly believe that I can double to triple my profits next year if I can implement these systems in our business. Also, I plan to structure my business to run on autopilot once all of the systems and processes are implemented and the bugs are flushed out.
I would not recommend Fortune Builders or any other programs if you don't believe, embrace and implement the material. I just thought I would share my experience. I wish that I had joined years previously.
My opinion is that they are a quality organization. I vote join. Do they make a bunch of money selling courses? Yes they do. Is it worth the price of admission? Yes it is IF you are ready to take action. If not then you are likely to become just another hater blaming folks because the deal fairy didn't knock on your door and hand you a ready made deal.. If you join be ready to work, getting the systems set up is the hard part. You will need to tweak a little here and there to fit your market as well as marketing budget. I can tell you from first hand experience if you implement the strategies presented it is life changing. Best of luck to you.
Been to one of those sessions myself. Than Merrill is a GREAT guy and the Fortune Builders club, in my opinion, is a GREAT opportunity, but is it REALLY worth $25K+? I didn't think so. (But then again I didn't have $25k to invest in for that haha)
At the end of the day, I don't think it would be the WRONG choice or a bad choice necessarily, but there are most certainly other ways, and more cheaper ways, to get the same education and information that you would get from the fortune builders program.
You can pay extra money for the fast pass band at the fair grounds so you can skip the lines for the rides, or you can just pay the regular price and wait in line for hours at a time. How much is your time worth??? How important are those "rides" in life?
I always buy the fast pass at the fair grounds, but not everyone else does....