Find, Fund, and Flip by Chad Chiniquy

23 Replies

Has anyone had any experience with this organization? I'd appreciate any recent first hand experience.

I am in the midst of training right now. I attended the free intro late last year and was convinced that this would be a good way to get started. So I signed up at a cost of $40k (discounted from $48k ... hard to type that with a straight face). The first session was three days of intensive training in January that took place in a Sheraton hotel in Anaheim, CA. The principle instructor was extraordinary and we learned all the basics, in detail, of this business. The next training session was two days in February that they call "Boots on the Ground". It was a day of classroom training and a day of driving around in a 16 passenger van to various distressed properties with our instructor and a local Orange County investor friendly realtor. We walked through about six properties with our new rehab estimating sheets, taking notes and writing estimates based on the dollar amount of each kind of repair task that was needed. Most task estimates are based on the square footage times the cost of that task per sqft. Exceptions would be things like a complete kitchen or a new furnace, etc. We had about 20-30 minutes in each property. The next day was classroom time and we discussed what we saw and how we estimated the rehabs that were worth discussing. It was very eye-opening and instructive. Note that our instructor is not a part of the Chiniquy organization, but a contractor based in Utah with many years in the REI business. He was very knowledgeable. Next is four days in the San Diego area which I will attend in March. Following that at a yet unspecified date is two days in Las Vegas on the subject of asset protection. They will teach students how to incorporate (using an SCorp structure) your real estate company.

The thing that sold me on this program was the two years of access to a mentor. It's telephone access only, but it's still a warm, comfort blanket. As you can tell from the above info, I'm only half way through the training, but so far I'm pretty impressed with the amount of information dispensed here. I suspect much of the same info is available for free with BiggerPockets, but it's not that same as actually going out an doing the work, then having your work discussed in class. It's a truckload of money, yes, but it was worth it to me.

I have no experience with this company but I would recommend going to your local REIA before you start spending a lot of money on your education instead of investing that money. I've just read too many horror stories.

Yes it is a scam. They say theyll fund your deals but fact is they want you to pay 40k for so called advanced training. I paid 1200 for a 3 day waste of time. That was a build up for them to ask for 40k. Im getting run around for financing deals. Say i need to pay for mentoring. Then ill get deals and financing. 

Originally posted by @Lanny Tiefer :

I am in the midst of training right now. I attended the free intro late last year and was convinced that this would be a good way to get started. So I signed up at a cost of $40k (discounted from $48k ... hard to type that with a straight face). The first session was three days of intensive training in January that took place in a Sheraton hotel in Anaheim, CA. The principle instructor was extraordinary and we learned all the basics, in detail, of this business. The next training session was two days in February that they call "Boots on the Ground". It was a day of classroom training and a day of driving around in a 16 passenger van to various distressed properties with our instructor and a local Orange County investor friendly realtor. We walked through about six properties with our new rehab estimating sheets, taking notes and writing estimates based on the dollar amount of each kind of repair task that was needed. Most task estimates are based on the square footage times the cost of that task per sqft. Exceptions would be things like a complete kitchen or a new furnace, etc. We had about 20-30 minutes in each property. The next day was classroom time and we discussed what we saw and how we estimated the rehabs that were worth discussing. It was very eye-opening and instructive. Note that our instructor is not a part of the Chiniquy organization, but a contractor based in Utah with many years in the REI business. He was very knowledgeable. Next is four days in the San Diego area which I will attend in March. Following that at a yet unspecified date is two days in Las Vegas on the subject of asset protection. They will teach students how to incorporate (using an SCorp structure) your real estate company.

The thing that sold me on this program was the two years of access to a mentor. It's telephone access only, but it's still a warm, comfort blanket. As you can tell from the above info, I'm only half way through the training, but so far I'm pretty impressed with the amount of information dispensed here. I suspect much of the same info is available for free with BiggerPockets, but it's not that same as actually going out an doing the work, then having your work discussed in class. It's a truckload of money, yes, but it was worth it to me.

 Have you done any research on your own. 

Originally posted by @Lanny Tiefer :

I signed up at a cost of $40k (discounted from $48k ... hard to type that with a straight face).

 No offense, but it's hard to read that with a straight face.

Good luck to you.  I hope it you still think it's worth it after it's over.  That's a LOT of money.

Now, three months later, how do you feel about this investment?

if you listen to some of the earlier podcasts, Josh talks quite a bit about overcoming these kinds of potential mistakes. Plenty of successful investors got their start from a guru or hype program. I've listened to every episode and they all say the same thing... they wish they would have just used BP but they are stuck with it ans overcame their initial cash outlay mistakes. 

Bottom line is, the money is gone. Learn everything you can and as a beginner I would recommend finding mentors here and using BP from here out. 

I admit I was not aware of BiggerPockets until late last year and think that some of the information in this site is completely invaluable. That said, I am a person that has invested in mentoring programs (not guru's) and have found the money that I invested has more than paid for itself. I joined a Texas-based real estate mentoring program (SFH to Multi-family rentals) in 2011 and learned a ton about the correct and incorrect ways to buy, rehab amd hold properties. I eventually decided to part ways with them because I felt that I had learned enough about the business and made enough contacts that I could continue to succeed on my own. Similarly when I was getting into notes investing, I did the same. In fact, I honestly do not think I could have gotten to the point I am with my RE investments without my mentors coaching me. I realize that there are some scammers out there, and that mentoring is not for every one. And yes it can be pricey. I just wanted to offer up a not-so negative opinion because not all mentors are crap. Mine have taught me a ton (and continue to do so), motivated me, helped ease my initial fears, and yes even kicked me in the *** a little when i was not confident in my abilities.

I’d like to take this opportunity to address the question, has anyone had any experience with the Chad Chiniquy Real Estate Seminar?

As I review the good and dubious comments about various real estate seminars, I am compelled to share my first hand experience with this organization. But first I must say, just as it would be in life, you will have good and/or discouraging experiences, whether it’s in real estate, relationships, family or careers etc. What’s important is how we deal with the experiences we find ourselves challenged by. Now, please don’t misunderstand, I have been blessed by being on the end of something good and burnt by being on the end of something bad. I am the first to say, bad is bad and there’s nothing good about it, except what we learn to avoid the next time.

Now back to my point, since I have embarked on a career as a Real Estate Investor (only one year in) – I must truthfully admit that I have had the wonderful opportunity to be at the right place at the right time with the right person or people, namely Chad Chiniquy Real Estate Seminars; Find, Fund and Flip. As I said, I am a year in the real estate business, in which I had the pleasure of attending Chad Chiniquy’s seminar last August 2014. Initially, I didn’t know what to expect since I have never been to a real estate seminar that I actually paid for. I vaguely remember attending one many years ago but it wasn’t related to flipping and then at that time, I was skeptical of what I was being told, financial commitment required and fearful of taking that leap away from the security of a career I already had. But I also knew by attending Chad Chiniquy’s seminar that I wasn’t ignorant of the bad stories I had heard about certain real estate seminar’s and I would make a quick exit if things went astray from what I believe or expected.

With trepidation and deep concern that this might be a scam, I moved forward cautiously hoping for the best. To my great surprise and contentment, I found Chad Chiniquy seminar to be fun, instructive, informative, engaging and hands- on, which is the part I enjoyed the most. This was a genuine opportunity devoted to helping people, like myself, who was searching to do something different, productive and rewarding, to obtain the tools and techniques to move forward in their lives successfully via real estate.

I was also blessed to have Chad Chiniquy as my instructor and I can’t tell you how big of a difference that has made. He was pleasingly personable, fun, sensitive to the needs of students, honest, telling it like it is in the real estate business and passionately focused on student’s success. His program is about empowerment and making money.

Of course, investing money was a topic of conversation but also, the value of an education and how to use it to your advantage as opposed to someone else’s.

Additionally, what inspired me to go deeper into his training was the structure and format of creating and operating a successful real estate business and the support systems he has in place to encourage your success. Of particular interest was the initial two day seminar, followed by field training called Boots On The Ground- where you actually go out into the field and evaluate properties using tools taught in class. During this time, you have seasoned professionals escorting you. Then, you have extended additional training out of State. All in all, the seminars, field training, mentoring/coaching, customer service access help equip you with the confidence and guidance one needs to be successful.

Now I will admit, throughout my year of involvement in the real estate arena, I infrequently found myself having mixed emotions or thoughts as to whether this was the right choice. Not because I couldn't succeed but because their were things that was outside of my control.  My challenge was “funding development”. Having access to money that would fund your deals. It was not only having access, but also qualifying for the funds. Most students believe as I did, that once you completed training and make the investments that you will have access to all the money you need to buy property and close deals. That may be true but as I said you have to qualify for that money and that’s the tricky part. But one thing I will say, Chad and his reservoir of talented staff, colleagues and partners do exhaust themselves to make sure they find the right funding for your deals. I believe they will do everything they can to make sure you are in the best position to succeed. After all, our success equates his success.

In closing, find, fund and flipping real estate can be challenging and sometimes very frustrating, especially when it comes to the seller’s of property, namely banks and or foreclosure attorneys. This is one aspect of training I suggest be discussed more because it can make or break your deal.  The length of time it takes seller's to do their due diligence in order to close the deal.

Nevertheless, if you get an opportunity to attend one of Chad Chiniquy’s seminars, please do so, and let your decision speak for itself. I promise you will not be disappointed. The investment will equip you with a life skill and education that you can use for the rest of your life.

Thank you for allowing me to share.

Lewis Thomas

Real Estate Investor Maryland

Okay.. He's my 2 cents.   I think paying $48k for mentorship / training is INSANE-  Is it worth it?  Maybe... but you can  get the same information here on BP from people that are out there making a living (and some making a fortune) doing exactly what you want to learn.

Many Members here on BP are happy to help newbies with advise and answering their questions.   Just listen to all the podcasts and spend 1-2 hours per day reading forum posts and taking notes and posting questions about things you don't understand and in 6-12 months you will learn MUCH more than this courses can teach you and you'll save yourself $48k.

Also, I find it interesting that the 2 people posting about how this course has helped them and how it was worth the money have only posted 1 comment on this forum.. That would be comments about how Chad Chiniquy courses are worth the $48k they paid for them.  In other words, in my opinion these 2 positive reviews are fake.

Ray

I was navigating through BP since I am a newbie on this site and realize someone sent a post commenting on the veracity of the comments I made in reference to training I received at Chad Chiniquy Real Estate Seminar. I am not in the practice of going back and forth with other people’s retort to something I said that they might agree or disagree to.

Nevertheless, just to respectfully “clear” the air so there is no misunderstanding about my position on the training I received last August 2014. Like I said in my previous post everyone’s experience in life, particularly, real estate is different; some good and some not. All I can do is give an honest account of my experience regardless of what other’s have experience, even though, I am sensitive to their experience.

I can’t say my real estate training experience was bad if it was good. Indeed, it has been rewarding experience.

Secondly, it was said the post I submitted was inaccurate or to quote, “fake”. This is far from being true. My question would be, Have you ever attend a Chad Chiniquy seminar? If so, what you seem to have experience is certainly not what I experienced. I am not here to validate your experience in real estate seminar trainings or to question your motives. I realize not everyone learns the same way. What works for one person may not work for another. To be negative on what someone else has experienced is unfair and it exposes the limitations of one’s objectivity no matter how sincere your efforts are to help.

Finally, as far as my having one post, this should not discount the validity of my remarks. This is my first time posting on this site and I am encouraged and hopeful that I will be able to absorb the education and resources available through BP and it’s members as well offer my experiences.

I trust we all can benefit from each other.

Interesting read...

This post has been removed.

Yes. Thank you  Hopefully we all can connect in this area n share

I took the Chad Chiniquy Real Estate Seminar about a year ago.  I have been a successful Realtor for 36 years but have never flipped a house.  I was surprised how much I did not know about that end of real estate. I went all through Chad's course, taking all modules of it.  I have now completed my first flip that more than paid for my training.  I am convinced that if I had not had the training and the help from the mentor they assigned me I probably would not have been as successful and would probably never have tried another one.  I am now getting ready to do my second one and have no fear.  Their training prepares you to make educated decisions. If I have a question about something I can call my mentor and he talks me through it.  My goal is to do at least 3 maybe 4 per year in the future.   I am so excited about my new career!

My first reaction - DON'T DO IT! Every day that goes by I regret having gone $35,000 in BAD debt for this program. Find Fund Flip, Real Estate Workshop, whatever it may be called tomorrow. It's a lot of money that could be better spent on a LOCAL MENTOR, a real person in your local area that knows your area, the laws, the market. I am very dissapointed with Chad Chiniquy's setup.

Go to local REI clubs, do this in baby steps til you you are comfortable and know what you want. Get the books here, read them, do them, try everything. Save your money for doing deals and paying local experts to help you.

Disclosure: Was a "Student" for his class, Been going at it for almost a year now.

Originally posted by @Randy Stewart :

Was promise full mentorship of Real Estate, included 24/hour hotline, Full guidance of mentorship. What I got was a 3 day class to pump you up, then after they took my money, The mentor barely emailed me back about questions I have. I call the hotline and when they replied it was not a clear answer and they seemed annoyed. I called them for a refund and Aaron Darby (Manager) answered. He said he could not refund my money but he could refund 597 Dollars, Which is for the first class. He said it will be refunded on my account in a week, I waited a week and a half and saw nothing, I called Aaron, He didn't answer, Left a voicemail and never got a return call. I then E-mail it and he never replied back to me. DO NOT DO BUSINESS WITH THEM! THEY WILL HYPE YOU UP, TAKE YOUR MONEY THEN LEAVE!

Originally posted by @Randy E. :
Originally posted by @Lanny Tiefer:

I signed up at a cost of $40k (discounted from $48k ... hard to type that with a straight face).

 No offense, but it's hard to read that with a straight face.

Good luck to you.  I hope it you still think it's worth it after it's over.  That's a LOT of money.

Now, three months later, how do you feel about this investment?

 Lanny, and now, another four and a half months later?...

That's a ton of money to spend to learn how to fund your deals. My very first flip came from fellow investors at my local REIA. Long story short, got my deal funded based on the deal, no credit check, no verification of employment and zero money out of pocket. After they received their fees off the top, I walked away with $22k and enough experience to stand on my own.

With the amount of money you put upfront, most hard money lenders would've funded a deal for you and as several people have mentioned, other investors could have walked you thru a deal for little to nothing...just saying!

MY EXPERIENCE WITH FIND/FUND/FLIP PROGRAM – CHAD CHINIQUY

A year ago, my brother and I decided to become business partners and enrolled in the Find/Fund/Flip program (FFF) developed by Chad Chiniquy. We attended all the workshops, signed up for mentor program and began our journey. Our spouses were skeptical of going into debt but neither my brother nor I ever considered the possibility or option that we wouldn’t achieve success. We have kept our full-time jobs and created a schedule around job, family and life. We created a business plan (1 year, 5 year, and 10 year) to guide us (per the FFF program’s suggestion). We learned the FFF program inside and out and truly listened to every bit of information we could get our hands on. The FFF program taught us every aspect of the real estate investor business and how to use the information, tools, and resources. Our mentor (Eric) gave us valuable 1-1 training/guidance for a year and even met us for 3 days in a market of our choice. We took the chance and risk and obtained our first property on this 3 day session. We have worked hard and used the program to the fullest.

One year later, we have accomplished the following:

  • Purchased/rehabbed/sold two house for profit in two different markets
  • Purchased/rehabbed house currently on the market
  • Purchased/currently under construction (due on market in 3 weeks)
  • Invested monies in fellow student projected with solid rate of return
  • Paid off 100% of debt for our FFF Program education
  • Developed power teams in two markets
  • Created partnership with fellow student on two projects
  • Took entire family on one week vacation with profit proceeds

Now, is Chad Chiniquy’s FFF program a lot of money – HECK YES! Was it worth it? HECK YES! However, here are some examples of other risks that we are all known to take in our lifetime:

  • 4 years of college (paid over 10-15 years with student loans at high interest)
  • Mortgage on personal home (paid for over 15 or 30 years)
  • Vehicles (paid for over 5-7 years)

Using FFF program developed by Chad Chiniquy, provides you with the knowledge, resources and tools to assist in achieving success in real estate. It’s what YOU do with it, how you mold and nurture it, and guide it with hard work and perseverance which is the key. Let’s face it, we have all heard the saying ‘hard work pays off”, right? Well, in this case, the main resource of being successful in this program is YOU. You have to believe it, want it, be determined & ambitious; but mostly, work hard! YOU need to invest in YOU! If you are not success, it is not because of Chad Chiniquy’s FFF program; it’s because YOU didn’t try.

I took the seminar in the beginning of the year 2016. It is a very good educating seminar. It is very well done with the intention to get you to get a mentor or coaching at the end, for $30,000 or $40,000, The seminar is so convincing . They hire the best to run the speeches but you never hear from those guys again, Once you pay those giant sums, you are left to deal with some girls over the phone that keep being replaced (I went through three girls so far), When you call the office is not even identified as anything to do with Chad (The Guru?) They answer :"Corporate office" It alerted me from day one and i wish i have listened to my instincts. The promises for loans (Hard money lander) Are with very high interest rate (The highest I have been offered so far) And they are not giving it so easy Your deal suppose to be with so much difference between The purchase price and the ARV That you most probably will not find now a days such deals hence you will not get the money. In general after the high Adrenalin of the seminar and after you pay, once that goes down you realize how dumb you were. be careful.

So . . . . . .

My husband and I went through the program a little over a year ago.  Initially we were very excited and very involved in the program, we made lots of offers, but none were ever getting accepted.

Then the shine started to fall off, the first sign was trouble with the attorney that was part of the program.  We called to establish an entity and he told us he hadn't been paid and so we were out of luck.  We called the "corporate office" and left a message, rarely was the phone answered, and suddenly everything was fine, well not really.

There was supposed to be a web site you could sign into for proof of funds letters.  Didn't work and we had to call the office to get them sent to us.  Most of the time they were significantly delayed because the office didn't answer the phone and we had to leave a message.

We were passed around to a couple of phone mentors and finally we had one who seemed to be helpful.  He had suggestions and we followed them but still couldn't close deals, after a few weeks he wanted $10k to be our personal mentor for the next 6 months or we could do a 3 day intensive one on one with him for $25k.  We didn't bite and the support dried up, we haven't communicated with them for quite some time now.

Everything you learn in a guru program you can learn here. You can also learn from people at your local REIA. Attend every one you can find in your area, meet other investors, talk to people, ask questions and get a little background in what you want to do. You might find a mentor right in your own back yard that is already successful and needs a little help with their business.

If you have the $50k to invest in one of these program, there are others out there for far less cost that provide more guidance and support.  Do your research and don't let the high pressure sales tactics get you.

While the mentoring could be useful, it's hard to justify spending 48k on it. That would buy me at least two SFR if not probably more. If you have 48k lying around considering doing the Brrr strategy or just buying using conventional lending.

You'll learn way more reading BP and doing your own deals, then you will at some mentoring program.

I attended a local event like this last year and ended up canceling my card afterwards to avoid the charge, because I knew I'd never see that money again if it went through.

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here