Is fortune builders mastery program legit?

Is fortune builders mastery program legit?

Rehabber · Kingwood, TX · Member since 2012 · 11 posts · 12 votes

I attended the 3day FB seminar in Houston. I thought it was really good! I am considering doing the mastery program. Has anyone been through the program? If so, is it worth the 25k?

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Investor · West Bloomfield, MI · Member since 2009 · 358 posts · 306 votes
14y

First take $1K and:

- Join your local REIA, attend regularly and talk to the people there (~$150 - $200/year)
- Take some friendly local investors out to lunch/dinner/drinks ($50 per "date")
- Buy some good RE investing books ($5 - $20 each, used or new)
- Pick up a few well-regarded guru courses used on Ebay ($100 - $200 each)

That will give you big head start without having to throw $25K at something that may or may not be what you're looking for.

See this reply in the discussion

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  • Investor · Newington, CT · Member since 2015 · 9 posts · 3 votes
    10y

    My wife would like to know, was the 3 day event actually filled with good knowledge or just lots of bells and whistles to get you to go for the master program? She's an interactive learner and wants to be more involved in our real estate venture but doesn't want to waste time at a workshop that's actually just a sales pitch for a more expensive workshop they recommend she attends.

  • Brentwood, MD · Member since 2016 · 115 posts · 12 votes
    10y

    Shoot, now they're asking for $50K not $25K. You were lucky to get that opprotunity at that price. I am one day left attending this 3 day workshop. My newbie broke *** wish they could have warned earlier about every step having a proce tag, so I could have planned to go through. BP was supper upfront more so than FB lol, which is probebly why FB loaths BP haha (I am finding that out). I am still considering the FB program myself, this baiting is getting old. In fact, I am sure they will charge another fee even after forking out $50K lol. I would prefer to know all this on day one all upfront, that's my only gripe thus far. Other than that, I have found even the 3 day workshop to be highly valuable, but that's because I know nearly nothing in REI lol so I am easily impressed. I am not too impressed nor dissapointed in their business structuring, though it could be better than the typical 20th century style lol it is not horrible either. I use to have a business, and while they say they are ethical they could be better in that sector they claim to uphold. Oh well ~

  • Real Estate Investor · Audubon, PA · Member since 2009 · 13k+ posts · 8k+ votes
    10y
    Originally posted by @Pete Nater:

    David Beard,
    "The problem is that 90% of these "students" are the same folks who move from one scheme to another. First they dabbled in multi-level marketing, then signed up for some "push button" online stock trading system. And now it's real estate investing. They're absolute lemmings who are looking for an easy path to riches, a secret formula. Because the ticket sizes are large, and potential profits large. They dive in with their new enthusiasm (and now massive balance on their credit card), but their zeal is fleeting. This is just a natural outgrowth of the have-it-all-now impatient nature of our society."

    I'm wondering where you got those statistics from? I'd like to know your source. I'm confident that Mastery graduates are among, if not the most successful of all graduates of any REI training/coaching programs. I'm just starting but check back with me in 1 year, then again in two years and again in 5 years. I'll be living proof that FortuneBuilders Mastery is a great program.

    Let's see ... it's been more than two years since Pete posted to "check back" ...

    So how's it (FB) going Pete?

  • Real Estate Agent · Goliad, TX · Member since 2016 · 7 posts · 0 votes
    10y

    Tom A.  Good advice.... you could actually by a house for 25k in a small town outside Houston and put 10k in it and probably sell it for 50k.  Making money 

  • Houston, TX · Member since 2011 · 673 posts · 360 votes
    10y

    @Steve Babiak im 4 years in with FB and doin pretty good.  Still attend live events and still get value from the information and the networking.

  • Investor · El Paso, TX · Member since 2016 · 21 posts · 17 votes
    10y

    @Sam Craven are you working for them as a coach? 

    @Park Pratt I attended their 3 day event just a few weeks ago and I found it helpful, but be careful not to get caught by their salespersons. The one who speaks on the stage can be very convincing.

  • Investor · Dayton, OH · Member since 2016 · 10 posts · 18 votes
    9y

    My friend and I are attending the FortuneBuilders 3-day seminar (the wrote "Insiders Workshop" on the ticket) in Dayton, OH on November 11-13, 2016. As I write this review, we just have one more day left tomorrow, from 9am to 4pm. The instructor is Ry-Guy (Ryan) from San Diego (Ventura), who is knowledgeable and a a real estate investor himself. But that's where the positives stop. 


    This 3-day seminar is NOT worth the $197 (total for 2) since actual educational content about real estate investing is minimal and is REALLY aimed at up-selling you the "Mastery" coaching program. The problem is not only that during this seminar there is VERY little teaching of real estate investing for either newbies or intermediate investors, but that the whole goal of this 3 day seminar is to condition you to purchase (I'm sorry, to "invest" as they claim) anywhere from a minimum of $25,000 to $50,000 for their "Mastery" program ("Inner Circle", "Diamond", and "Platinum" levels). The pitch is non-stop for this, and that's what four (4) "advisers" are there for to help the main instructor Ryan, and spend anywhere from 25 minutes to 45 minutes with each person who gets excited and decides to splurge. Just to make sure you don't miss your "appointment" with these "advisers", they show your name on a big screen for everyone to see -- while main instructor is supposedly providing educational content.

    By the way, Dayton (Ohio) is one of the hardest hit by the recession cities in America, and is very poor. Real Median Household Income for Dayton is $49,504 a year (i.e., less than the cost of the "Inner Circle Mastery Coaching" level from Fortune Builders). Overwhelmingly, easily 90% of attendees are in poor financial state according to their own admissions, both publicly and in private conversations. They are not very liquid, i.e., do not have much cash in their bank accounts. Many are grandmothers, and many lack college education.

    Of the two days so far, from 9am to 6pm (with 1 hour break for lunch plus two 10 minute breaks in between) on Friday and Saturday, I would be generous (!!!) to say that only three (3) hours had educational content directly relevant to real estate investing. That is at most 3 hours out of almost 16 hours! Only one hour of useful information on Day 1, and up to two hours of useful information on Day 2. Once again, that's being VERY generous, I'm going by what my friend tells who is a newbie in this business and is just starting out to learn.

    I am not exaggerating when I say that virtually all of the useful information is easily found online and in books -- which are constantly downplayed and dissed by instructor Ryan, since he knows that they are a much less expensive and far more educational alternative to FortuneBuilders' "Mastery" coaching. 

    In fact, the FB instructor, Ryan, expressly dismissed Bigger Pockets on Day 1 as an inferior way to learn real estate investing and setting up anyone relying on it for greater chance of failure. 

    There are some small tidbits during this "Insiders Workshop" that are interesting -- for me personally, only 30 minutes of TOTAL content (i.e., 30 minutes out of 16 hours) was actually new or otherwise educational and interesting. Again, I am being generous - and yes, while I do have residential and commercial real estate investing experience, I'm nowhere near a "guru" or Than Merrill's experience.

    I know that the last day, Sunday, which Ry-Guy said is typically shorter and ends around 4pm (although he apparently can stay longer "till midnight" and might include "bonus" sessions) would be very similar to the first two days, and we'd be lucky if attendees get at most 2 more hours of barely educational and useful content. I will surely update everyone tomorrow on how it goes.

    So what do they fill almost 13 hours of time on these two days? A lot of psychological pressure to upgrade to their Mastery level coaching which starts at $25,000. The whole seminar revolves around this goal. Here's their formula, which is similar to what other real estate "guru" seminars employ as well:

    1) Establish that Real Estate Investing is by far the best way to earn a lot of money ("most millionaires in US", Warren Buffett mentioned and shown repeatedly, etc);
    2) Admit that there are alternatives, but they are more expensive and harder, such as fast-food franchises;
    3) Remind everyone how government is bad, and how bad Wall Street banks are, that attendees must take their fate into their own hands;
    4) Remind all attendees about the existence of their 401K's, as well as the fact that credit (cards) are good, and debt can be good, and how they should use all of that to their advantage in RE investing;
    5) Make everyone feel good about themselves and stop making excuses;
    6) Make everyone hopeful and feel that they, too, can achieve all of their dreams;
    7) Display several PPT slides that show dozens of topics, subjects and items that are part of the Real Estate Investing, how actually complex and cumbersome the process is;
    8) Remind everyone that to be successful you need a coach, someone to hold you by the hand, someone to give you checklists & Standard Operating Procedures (SOP), what is in the end The System;
    9) You need to invest into yourself, you can't put a price tag on that. Just compare the price you pay for college, including Ivy League, which is less useful than Real Estate education;
    10) If you qualify, we will admit you, and you will be able to "dominate" your local market, you will always have your coach just a phone call away, etc.

    There are of course many more parts to this refined psychological attack and preying on mostly poor, desperate people, but you get the idea. They encourage you to up your credit lines with credit cards, to use checks from credit cards and deposit to your bank accounts, to get extra business credit lines, by working on your 401K's, by encouraging your family members to also setup Solo 401K's, etc., all to hint that you actually do have money to afford their expensive coaching. And they hint that to do deals, they have a hard money lending company that gives priority to their students to lend money to them, and did over $100 million in lending to students so far. Very unfortunate that Than Merrill's company is treating "education" as a major income stream for their company -- probably as large as their actual RE investments -- and pitches expensive "coaching" to mostly poor, mostly uneducated people. Save your money & time, you can learn much more by just reading an RE investment book, journal articles, and BP forum, not to mention talking to local experts and doing RE yourself (of course by starting out small, and increasing over time).

  • Investor · Dayton, OH · Member since 2016 · 10 posts · 18 votes
    9y

    OK, as promised, here's the follow-up from 3rd (final) day of the three day "insiders workshop" seminar FortuneBuilders (or FortuneTakers) conducted in Dayton, Ohio on November 11-13, 2016.

    Today had far more content than previous two days combined. Surprisingly, out of a total of 7 hours at the seminar (from 9am to 5pm, with one hour for lunch break), a solid 5 hours was educational and informative, and directly relevant to real estate investing. It almost seems like FortuneTakers and their lead instructor Ry-Guy (Ryan) either got conscience or read the criticism at their hated website BiggerPockets, or whatever else, but they changed their format to have mostly real estate education instead of the usual sales pressure, upselling, talking about family, motivational stuff, etc.

    The instructor opened the day by lamenting how many seats opened up on the 3rd day, and dissing all those people who started the seminar but didn't finish it. The message was clear: they are losers, you guys are winners - and you will be truly a winner if you continue the journey and finish it in Mastery level at a cost ranging from $25,000 to $50,000 (not including airfare, hotels, etc).

    Many more tricks of the sales trade were used during all these 3 days:

    1) "There are a lot of negative people" - don't listen to all those naysayers, they at best just don't know, and at worst envy you.

    2) showing a "success" PowerPoint slide with photos of "students" who were successful. The slide and the website do contain dozens of people -- but considering that after 9 years of "mentoring" and "coaching" that FortuneTakers is offering (since 2007), there should be many more, since thousands upon thousands have passed through FB/FT Mastery program. 

    3) FortuneTakers/Merrill/Esajian's are careful to constantly place disclaimers below virtually all slides, especially all "success" slides. 

    4) a very long compilation of interviews of actor Will Smith - why him? Because he employs family and friends in his movies, and because he always finishes what he started, even if he is not the smartest or most educated (in Will Smith's own words) - thus implanting a powerful subliminal message into everyone, especially fans of Will Smith.

    5) Indeed, the re-occurring theme of the seminar is family, family, family, family, family. 

    6) Another re-occurring theme: Church and God.

    7) A truly disgusting but typical Corporate America attempt to capitalize on food drives and charity. Here's how it works: they (FortuneBuilders in this case, but can be any store, supermarket, etc) asks you to either donate food (or in case of stores to donate cash), and then they donate it to various charities, get receipts in their names, and claim it on their "social responsibility" brochures and of course on their tax returns. 

    8) Re-occurring theme of how schools and universities fail miserably to prepare kids for real world, and instead of providing financial education, they teach how to "dissect frogs". While I wholeheartedly agree that financial education, usage of credit, FICO scores, business credit, balancing checkbook, etc., should be taught to all teenagers, at the same time formal education cannot be just reduced to career-technical readiness; the goal is far larger and deeper, to create a thinking, ethical, moral (wo)man, an erudite. For that, we must teach geography, history, biology, and philosophy. Indeed, what's ironic is that while FB coaches are often without college degrees or their college degrees are from third-rate universities, Than Merrill went to Yale University, an Ivy League school. 

    9) attempting to instill rage against the current boss/employer. Indeed, today's session contained such example: "imagine bringing a sticky note with "You are fired" on it to pin it on your bosses forehead!"

    10) You, as a real estate investor, will become a job creator and "feed" many families: all those subs, photographer, broker, agent, lender, Home Depot ProDesk specialist, etc. -- so feel good about yourself.

    11) Keep reinforcing about "Core Values" such as Ethics, Integrity, blah-blah-blah. What a hypocrisy. I guess there is no problem and it's completely ethical to deploy every subliminal, overt and covert sales technique to make all these poor and lower middle income families spend up to $50,000 (plus airfare, hotel, etc) on the "mastery" level course. 

    12) Twice veterans were asked to stand up and be applauded, with words like "cool vet" and "thank you for all you do". Yet the instructor had no qualms telling a story of how he misled a veteran in Barstow, California to sell his perfectly good $55,000 house for $23,000 under the pretense that the instructor and his son will personally spend summer rehabbing the house as a way to bond. The veteran was asked to drive, for almost 3 hours, from Barstow to Ventura, to instructor's house, for closing. Upon arrival for closing, the poor veteran was asked "is $23,000 the best you can do?" So the poor veteran dropped it to $17,000. I have no problem with this from business standpoint - but please spare me from the fairy tale about how much you love and appreciate veterans, because you just squeezed the poor vet, denied him some cash from his lifetime of savings (that house was his for 30 years), and then despite agreeing on one price on the phone and making him to drive for 3 hours, then pressured him to drop the price further. 

    13) Despite everyone paying $197 for up to 2 people to attend this 3 day "insiders workshop", the instructor kept repeating about naysayers and critics of FortuneBuilders: "they want something for nothing". Excuse me, but "nothing" would be charging people zero dollars for the event. Instead, everyone got something for something.

    14) Kept repeating, as well as showing on the slides, just "how many moving parts" there are in REI, thus it being too much for any one person, and requiring a mentor/coach for success.

    15) Finally, kept on using dubious math to show the ROI (Return on Investment) of real estate for investors, especially for rentals. Instead of calculating a total ROI for these financed (mortgage) rentals, the FB instructor proceeded, on both Day 1 and Day 3 of the seminar, to calculate separate ROI's for depreciation of the property, then appreciation of the property, then for cash flow, and then again for the interest, and one-two more other categories. After that, he sums all these ROI's into one giant ROI, showing some fantastic ROI's of around 50%.

    Adding insult to injury, while constantly talking about property and land value appreciation, and how all rental properties will be going up in value while at the same time you or rather your tenants will be paying down the principle and interest, he never ever talks about the very real issues such as: 1) it's very hard to achieve 100% occupancy in all markets, and 2) properties don't always appreciate, and certainly that appreciation doesn't often outpace inflation, and 3) costs and expenses also go up with time, starting with property taxes. For some reason all of this is conveniently omitted from all 3 days of FB seminar.

  • Los Angeles, CA · Member since 2016 · 2 posts · 2 votes
    9y

    My husband and I went to the FB introductory seminar this weekend and felt that it was very heavy on up selling. We did hear a couple interesting "factoids" but also felt that they were telling the audience things that were misleading. The speaker was a smooth talker and 98% of the audience bought the 3 day seminar package. We were one of the few couples that did not buy it and as we were leaving the venue one of the sales rep headed straight toward us before we could walk out the door. He tried to convince us to purchase tickets for the event but we told him the timing just wasn't right for us. We left feeling like we had just escaped a scam. We feel that we can learn more just from searching online and on BP.

  • Real Estate Investor · Houston, TX · Member since 2014 · 173 posts · 128 votes
    9y

    @Chris Adrian,

    Thanks for posting this detailed personal experience.  Your posts will undoubtedly save a number of folks from "investing" huge dollars they do no have with Fortunebuilders!  If more would post their own experiences like yours, then some of these "gurus" would likely stop these practices!  Good luck to you in your investing!

  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    9y

    It's GREAT that so many people want to take control/better their lives financially.  It's TERRIBLE that these same people are so prone to being mislead by the gurus/hucksters/scammers out there.  

    If a guru would keep an actual record of the success/failure of the "students" paying for his services, and reveal that record, I would have no problem with whatever they provide at whatever cost.

    However, my instincts tell me that the "success" rate in these programs is shockingly low.

    Private Mortgage Financing Partners, LLC
  • Real Estate Investor · Dickson, TN · Member since 2016 · 1 post · 1 vote
    9y

    I just attended a Fortune Builders seminar in Nashville,Tn. The presenter, Lee Escobar is a dynamic speaker and is a Fortune Builders Coach... The program would be good for those that are just getting into flipping, as long as you have 30k to 50k of cash to invest for the system. If you have a broad background in the real estate biz, including repairs, financing, and values, the system might be what you are looking for. I think the lead system could be very beneficial if worked correctly. 

  • Rental Property Investor · Broken Arrow, OK · Member since 2016 · 1k+ posts · 1k+ votes
    9y

    All these "guru" programs are usually a total waste of money that you could use to invest in properties instead.  I looked into several and considered paying the money, but instead opted to investing in myself instead and it worked out well.  You can learn everything for free by doing your own research and asking a lot of questions.  Just my 2 cents!!

  • Real Estate Investor · West Columbia, SC · Member since 2016 · 32 posts · 13 votes
    9y
    I attended the 3 day work shop here in Columbia, sc. It was very high energy, which told me that they were going to try to sell me something... much like they did at the free seminar. I didn't learn anything I didn't already know, which made me realize that I should just invest in myself and start on my own. They told me if we weren't happy with their product they would issue a refund. So I took that refund and enrolled into my local real estate school.
  • Flipper/Rehabber · Bayville, NY · Member since 2014 · 42 posts · 12 votes
    9y

    Exactly what to do. Invest in your self. You find all the education you need here, from your local REIA and from making mistakes that you learn from.

  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    9y

    @Don Konipol  i myself am not anti paid coaching or education

    I think from what we see with some high profile litigation going on now  (Montelongo and Tarik in LA)

    you may see AG's step into this market and try to regulate it somewhat.

    I had some conversations with the owners of the back end of a few of these outfits and they are already working with these folks to limit the wild claims of success that tend to suck folks who desperately want to change their life's station for the better.

    I think you may see extended cooling off periods

    limit claims of success

    the main issue I have with these folks is how they wip them up and then get them to raise their credit card limits and use said credit card to buy their program only to simply end up in a ton of credit card debt.

    These programs were all spawned out of MLM .. they are run the same way.. same trigger's at the events.. 

    I think the reality is real state is simply not as simple as going to meetings and off you go.. there is some REAL education that needs to happen and it requires some capital... 

    But then again you look at all the companies that boot strapped their business on credit cards only to become rich..  Hewlit and packard is a perfect example.. so who are we to say these folks can't do the same..  its such a conundrum.  

  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    9y

    @Jay Hinrichs, Absolutely agree with you.  I am a believer in free market, so if someone wants to pay $40K believing it will change his life, that's his right.

    However, it is our right as experienced professionals in the world of real estate investing, to share our experience, observations, and opinions based on that experience.

    The current state of real estate investing "education" today is that it is not controlled by people who have been successful real estate investors; it is controlled by marketing organizations who portray marginally successful and even unsuccessful real estate investors as (1) very successful (2) very knowledgeable and (3) in possession of a "formula" which you can learn in a relatively short period of time and be as "successful".   Going for the big bucks, these marketing organizations add some degree of hand holding, by mentoring, coaching, or "partnering" with the "student". 

    My thoughts in the area have been stated numerous times, I won't bore everyone by restating them. However, it is important to realize that investing decisions are the result of knowledge, experience, and the intellectual ability to decipher what's important from "noise".  This is why people who grew up in families that were in real estate development have such a head start on those who have no real estate background.  

    These mentoring/coaching programs teach an extremely narrow pathway to success in the real property field.  Even if the methodology they teach can be successful (which is in doubt), it certainly cannot be successful at all times in all markets.  What is lacking in these programs is a broad based scope, real estate law, market analysis, financial analysis, property management, differentiation between types of real property, market segmentation, study of real estate cycles, and of course the attributes, personality, knowledge, intellect, mathematical skill, research ability, social skills, etc. of the individual which will determine which aspect of the real estate industry he or she would have the best chance of finding success in, or if he or she should be in the real estate investing field at all. The mentoring/marketing/coaching companies do nothing to qualify the students other than see if they have credit limits sufficient to pay for the program.

    The bottom line is that in most of these programs real estate INVESTING is NOT taught, what is taught is some version of "wholesaling".  So what the student ends up paying for is not how to be a real estate investor, or even how to be in the real estate business (as both of these take capital beyond paying for the coaching).  What they are paying for is $40K to learn how be an independent commission salesperson with no company backing, no advertising support, and coaching from a person who failed as a salesman for the mentoring company. 

    Private Mortgage Financing Partners, LLC
  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    9y

    @Dion DePaoli  In reading your excellent post above this is what popped into my mind

    We need a match.com for would be real estate investors.... IE  match all their personality and educational traits to some type of base line.. then maybe match them up with what road would give them a better chance at success.

    There will always be top producers and there will always be those that simply can't do it and certainly can't buy into it... 

  • Dion DePaoliPro Member
    Real Estate Broker · Northwest Indiana, IN · Member since 2011 · 2k+ posts · 2k+ votes
    9y

    @Jay Hinrichs

    That would be cool but I am inclined to think the matches would be difficult.  Nobody likes to be told what they can and cannot do.

  • Investor · The Colony, TX · Member since 2013 · 283 posts · 205 votes
    9y

    It is amazing to me that someone would spend $50,000 on a program to teach you what you can learn on BP for free.  Imagine if you invested just a fraction of that into direct mail, in my opinion you would see much bigger returns.  I am sending out 1,800 letters a month and in the first 6 months I will make more money then I do in 1 year at my current job and if the deal goes through that I am working on right now it will net me more then I make in 4 years at my job.  These smooth talking sales men just pray on fear in people.  Its disgusting.

  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    9y

    @John Hixon  its not fear its greed.... and dreams  I call them dream merchants.

    and they are VERY good at what they do.

    first presentation you walk in and whats up on the screen.. big picture of this lovely family... 

    and this big proclamation that the whole reason everyone is there is to do good for your family and spend more time with your children LOL.. its a very prevalent feeling I guess in the work a day world in the US>   

    Its a highly professional set up from one step to the other.. 

    Or you can go to one like I went to a few months ago in vegas some wholesaler out of Ohio Cochran or something like that.. the guy was SOOOO boring and his information was 3 years behind the times.. I left after 15 minutes but others ate it all up... and he charges at the end of the deal 35k to buy his super special secret way to wholesale... LOL.... 

  • Full-Time Investor & Agent · Amherst, OH · Member since 2014 · 149 posts · 50 votes
    9y

    @Jay Hinrichs  I know where you are coming from.  I went to one of his seminars a few years ago here in Ohio.  Bad!  But obviously there are plenty of people buying this stuff or they wouldn't be new gurus popping up all of the time.  I've seen too many pitch fest seminars.  Better to spend your time on BP, reading books and networking with people in your area who are really doing deals.  

  • New York, NY · Member since 2017 · 3 posts · 1 vote
    9y

    Sam Craven, what is KHS alum?

  • Palm Beach Gardens, FL · Member since 2017 · 1 post · 0 votes
    9y

    I just went to the 3 day "intensive real estate workshop ", me and my wife left by the middle of day two because it is a blatant sales pitch for their mastery program that runs now from $30 to $50k to have access to "their system ", but interestingly enough the software and marketing system is only for three months and after that you have to pay a monthly fee. I didn't fill their application because they ask you for all your financial info. Learn as much as you can for free here in Biggerpockets.com and start small with your local REI club.

  • Fort Lauderdale, FL · Member since 2017 · 1 post · 0 votes
    9y

    I can't thank you guys enough for all of the insightful information you provided, and thanks for the warning about what's to come in day 2 of my 3-day insider training in Ft. Lauderdale. Today the trainer, Dena Buchanan, seems knowledgeable about the systems and the process but how much of it is scripted? hummm. So throughout the day they kept pushing the whole Mastery Program and how successful we could be with a coach who has been successful in the program and what following a proven path will do for us. blablabla. As the day ended we were asked how serious we were about wanting to be a part of a system proven to work. We wrote our names on a card and on the way out were handed the application and a booklet. But throughout the day I kept waiting for the sales pitch and what the investment/cost would be for this Mastery program but it never came. After reading every ones posts on here, I guess tomorrow I will find out what amount they are going to try to "jack me up for". It was a very long day (9-6) with a one hour lunch and one 12 minute break. Ridiculous!! I'm just going to have to take 10 minute breaks every 2 - 2.5 hours to make it through the day. So as I was saying, when we left they gave us the application for the Mastery program with a booklet and was told we would be interviewed to see if we would be accepted into the program tomorrow. So i'm reading this book and it just doesn't seem real so I hit to google and stumbled onto BP and low and behold, here are all of you warning of what's to come, or not to come :-) This is a blessing in disguise. I've learned some insightful information on here already and now know just what direction I should be heading in. $25K, $30K, $50K are you kidding me! Is that amount going towards the down payment for my first investment property? A dedicated business coach who provides a 30 minute phone call once weekly for 8 weeks, really. This is not for me. I was looking for a way to create wealth and financial independence through real estate investment but not this way. I google my local REIA and take it from there I will however finish the 3-day program because I already paid for that.

    Thanks again everyone. I get back on here tomorrow to let you know what the 2017 going rate if for the Mastery program :-)

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