Is Join Me at Flipping Houses Investor club a scam?

Question

I'm thinking about going to a seminar all the way in Riverside this morning for investors club with flipping houses and want to make sure it legit. I Googled that name and no reviews came up. They want $1200 for the membership.

Thanks for any help.

Harry Metzinger · Answer

Hi @Gina Aguilar, I do not know anything about this club, but in general, I would say you can learn everything you need to know through self-education and networking.  I would recommend joining your local REIA and absorbing as much as you can through BiggerPockets blogs, forums, and podcasts before deciding whether investing in a $1,000+ membership/presentation is right for you.

Gina Aguilar · Answer

Thank you for the the comments. I'm just being cautious because I've seen mixed reviews and have flipped several houses on my own without having to attend any REI's and pay $1000's to join. But would like to be able to buy homes without my own $ and work with like minded people. I guess that it won't hurt to check it out. I just don't like people trying to hard sell me when I have done sales for most of my life. I want to feel like it's for me and not be pushed into spending $1000's and wasting my time.

Dorian John · Answer

Gina you didn't mention a group name, but I agree with Harry about joining a local REIA investment meeting,  about $25 for a monthly meeting.

I'm a full-time Flipper based in OC, and have done over 100 flips mostly in Riverside County,  a few high end properties in OC.

I would more than happy to answer any questions,  or concerns you might have.

Dorian

Account Closed · Answer

If they won't let you in the door to find out what they are all about without paying an entrance fee of $1,200, I would be very skeptical.

Dorian John · Answer

Gina,  buy houses with OPM, = hard money , and finding an investor, family  member with money, and you provide the know how.

I flip with my own money, and then I use my Investors money to aquire a property,  I use my money for rehab,  to have some skin in the game, we split profit 50%.

Not sure why,  you are even considering paying  $1200 with your experience,  and reluctance to name the group.

I wish good luck!

DC

Jason Le · Answer

Gina, definetly join the 3 day work shop from Fortune Builders. Its really worth the $197 for general information on starters. They teach you how to use OPM (other people's money) and PML (Private money lender). They teach you how to wholesales and give you a whole worth of $10000s of knowledge. You can go to the free 2 hour seminar to get a better understanding.

http://www.findandflipevent.com/facebook6/index.as...

You don't have to pay the 3 day work shop if you think it is expensive, but I have gone there once and planing to pay to go back, because to me it is really a good price and cheap comparing to many other seminar teaching (1000+). Joining the 2 hour free training is good also. Remember this, when you go to a seminar look to see what you can get from it. Many people are narrow minded and ignorant and complain about how the speaker only talks certain thing that they know about. Before hand they will tell you in the free 2 hour speaking that the 3 day workshop. They will teach you techniques and skill that is worth more than 10,000s of dollar.

Jason Le · Answer

I would like to know the group name also, because I have attended a seminar in which it cost 1200 for the 3 day work shop but if you attend the 2 hour seminar they would only charge you $197. To me $197 for the 3 day workshop was really worth it... I agree that self-education is good and all, but it is hard to start without any small guidance. Especially when there is so much about real estate investing that you have to know. Not only that but you are investing your money and assets.

If you would like to attend a seminar to help boost some general knowledge and words of encouragement and some technique about wholesaling you can attend Fortune Builders "Find and Flip" event. Although after the 3-day seminar they offer course that cost around 20k-35k (where you can join and be a student with 3 other people to help pay for the course). To me its not worth it to put out 20k-35k, well at least for a new investor, but the 3 day work shop is worth in my opinion.

Deric Dotson · Answer

Yeah i wanted to know more but this is an old post.

Bosko Mijatovic · Answer

Hey Gina, I know this is an old post but I was also approached and was curious if you ended up doing it!

Paul Contreras · Answer

Hi Gina,  I know this is an older post but was wondering what you ended up doing?  I was approached as well and wanted to see if it was worth it.

Is Join Me at Flipping Houses Investor club a scam?

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