fortune-builders-logo-NewAbout FortuneBuilders

Fortune Builders is a seminar based real estate investment education program held in the Southern California area. The program is intended to teach people basic real estate investment business – the program was founded by “nationally recognized” real estate investors. The essentials of the education are brought to you by the systems featured on the hit TV show ‘Flip this House’ on A&E.

How Does It Work?

According to their website you will learn how to replicate the success of the methods you see featured on ‘Flip this House’. They claim you will learn how to make money ‘Flipping Houses’, acquire the best income producing properties and meet other real estate investors in your area.

You first register for a free 2-hour seminar via their website where you will receive a few quick guides to the program.

The education is then outlined by a bunch of coaching offers, some DVD packages and larger education events with a more narrow focus.

The purchase of education looks endless and you could be spending a lot of money at the end of this process.

Cost/Price Plans

Educational DVD’s costing $1197 will likely deter many consumers.

They also give you the option to sign up for a free 2-hour seminar in the Southern California areas and allow you to leave contact information to attend several continuing education events.

The prices for these continuing educational events is unlisted, so you are encouraged to leave your information and they can contact you with further information.

Refund Policy

The website does not outline any refund policies, they do highlight several terms of use and disclaimers. It is encouraged to ask for the full refund policy when signing up for events and providing credit card information.

Several reviews have mentioned a full refund within 2 weeks if you are not satisfied with the program. However, the follow through is not mentioned.

Customer Service Contact Info

The information provided is in a ‘Contact Us’ section on the website. Fortune Builders are located at 960 Grand Ave. San Diego, CA 92109, 619-881-0575 and can be contacted via email at support@fortunebuilders.com

Reputation

Overall their reputation is mediocre. FortuneBuilders seems to be on the low end of companies with seminar-style business models. Stories of failure or unsatisfactory experiences greatly outnumber stories of success. If hands-on real-estate training is what you need, we suggest looking elsewhere.

Common Complaints

  • not knowing they would have to purchase more education
  • lack of communication with refund
  • false advertising
  • waste of 3 days
  • lots of “fluff”

Editor’s Opinion

As far as seminar companies go, this one seems pretty standard. Tons of fluff about what you’ll get, but when it comes down to it, they are going to charge you. Education costs money. Definitely could be considered a scam if you aren’t willing to pay the money and put in the time.

Final Verdict: There are better programs out there. If that’s what you need, take a look at SuccessPath or Renovation Revenue.