Seminars

[Eric Engelson]

Are Fortune Builders' 3 day workshops worth the $197.00 for the two of us?

My wife & I have renovated a number of houses but only as residents. After a few years we've sold them. I'm now interested in starting slowly at flipping them.

Thanks in advance for some feedback.

[Joe Sillaman]

The main goal of the FB seminar is to get your to buy into their Mastery Program which costs in excess of $25,000! Though they have lots of info, strategies, and tools to help you succeed, it's nothing you can't get for free just by browsing the forums here. Go ahead and attend the 3 day seminar but I wouldn't recommend going to Mastery. If you have something like $25,000 to invest into Real Estate, look for local rehabbers to meet and maybe catch lunch with to get a better idea of how to Flip locally. You'll really be able to find anyone interested in Real Estate investing by attending your local Real Estate Investment Assoc meetings. Just think, $25,000 which is the cost of Mastery is really a down payment or "skin" in the game when going for Hard Money on a Flip deal. Best way to learn the game is by doing!

I only know this because I'll admit it, I bought into "JumpStart" which was a $9,000 wholesaling 3month program. I did learn some things but after I found BP, my mind was blown. The amount of value you get from other people posts here is worth thousands!

If you want to flip seriously, you'll need cash and a lot of it. If you have friends and family willing to support you a find "deal" or properties that can be flipped for a decent profit and present it to them to get a loan. You'll also need a Realtor who is willing to work with you to find the best properties that are viable flips. If you can't get a realtor to work with you, get your Agent's License so you can have immediate access to the MLS so you can find properties to flip/make offers ASAP before others take them.