Which Course to Buy? Larry Goins or FortuneBuilders

Question

Not sure if I put this in the right section but it does relate to wholesaling. I done a few deals but I am looking to take my business to the next level and probably just as important, create a system to automate and make things easier.

I been very intrigued by Larry Goins courses , RE Day Trading. I just read the book and seems like he has a nice wholesaling system where it almost runs itself while flipping out of state. Obviously this will take some work to implement but sounds enticing. I know he is got other programs but this one seems his latest and best.

The other program or course is by FortuneBuilders, the CT guys from AE's Flip this House. I am a big fan of those guys because how far they come and it looks like they also believe in automation and creating a brand to make it big. I really trust their reputation as you know you are not buying just another's guru crap, these guys do this for a living.

Of course with both courses the question has to be asked as to how much of the stuff I already know being a somewhat experienced wholesaler? I also notice that many investors don't believe in paying for education as they may find it easier just to scan thousands of pages online to get that same info. I am ok with shelling some bucks if any course could teach me at least 3 new and very important items. The main thing for me is to learn to create a system that allows my company to grow and not do everything myself. I am tired of being a one man team.

Has anyone here bought from these 2 companies? Which would you say you would trust more? Thanks in advance.

Danny Day · Answer

I'd say spend 2-3 hours per day reading on BiggerPockets and throw the $$$ you have saved for a course on marketing.

Alex Craig · Answer

As someone who has bought and sold over 200 homes the past 4 years and currently owns 20, I never bought any courses and over time, have become very good at what I do. However, I made a lot of mistakes on some of my own properties when I first got started that has cost me well over $5,000. Looking back, paying $5,000 for someone to take me under their wing probably would have saved me thousands.

Curt Davis · Answer

Personally, if someone can find a real mentor who will take them under their wing and hold their hand through their first few deals that would be best but there are not many people like that out there as their time is not free. I love this site and have learned a ton but sometimes hearing it from someone in person is better then reading a blog. There probably is enough info on this site for whatever topic someone wants to learn about but putting it all together to make sense for someone is why they will spend the money on the courses in some cases. I think its funny though how someone who is not willing to pay $700-$1,000 to get a professionals take on wholesaling or whatever topic it is as that person has invested hundreds of thousands of dollars as well as hours in their field to come up with a course to teach someone how to do what they do. If spending a few dollars is not worth it to them then I dont know what to say.

Rich Weese · Answer

Martin – I think you read the replies correctly. There is a vast amount of information and knowledge here on BP that most members are willing to share with you for free. Just pick a subject that you are interested in and research some of the previous threads and you will definitely find jewels of wisdom. Good luck. Rich

Martin CS · Answer

It looks like the general consensus is to not spend much money on courses or training. While I believe there are a lot of garbage programs out there, I also think the good ones are worth the money. Maybe I am hard headed on this issue but to me it makes more sense to pay for education and learn from the best to increase your profits and increase time management. Of course you could probably learn most of this stuff by yourself and from websites like these but how many more hours and mistakes is that going to cost you. I rather model the best to get better and faster results. Of course if money is tight like it was for me in the beginning , than you probably can't pay for that stuff and are better of learning it here. Just my opinion.

James Hiddle · Answer

Which one? How about that wonderful program called Biggerpockets and the best part it's free.

Marc Freislinger · Answer

Martin, I think one reason for your lack of responses is that most people here don't think these courses are very useful. There's no secret in this business that you can pay for and start making money. If you are already a successful wholesaler looking to expand, you simply need to review your business. Find the things that only you can do, and do those things. Find the things you can train other people to do, and hire people to do those things. If you're looking for software, the best you can do is to design it yourself (and hire someone to create it if you don't have the skills). Only you know how YOUR business operates, and what will most benefit you. I have some people on my Facebook who are flipping homes and use the Fortune Builders system, they swear by it, but they are always trying to sell it to new wholesalers. My guess is that's where most people make money with those programs.

Aaron Mazzrillo · Answer

I have to agree with Marc above, if you are already wholesaling houses, you just need to do more of what makes you money and outsource or automate the rest. I am currently working on the outline for the presentation. Ryan and I are going to cover a lot of material and I will be around all weekend so feel free to ask me any questions about wholesaling you have.

Josh Caldwell · Answer

I love RE education and I seek it out where I can find it. I happen to know Larry and I like his course. not a fan of Fortune builders.

Frank Iglesias · Answer

I own both courses. Larry Goins has some great stuff and takes a lot of info and systemizes wholesaling better than most course I have seen. As a very active investor, all it takes one top to convert to make it worth the price of admission and we got our money back as a result with interest. Fortune builder is a totally different animal from most courses. Mastery is not a real estate technique but a very strong network of active investors surrounded by very successful minds in the business of building a business that is sustainable for the long term. If you just want to wholesale, save your money. If you want to just rehab, you could buy their rehab course which IMHO is the best. If you want to build a business with all it's intricacies and grow a team that does many things well in your local market and beyond and be coached along the way, then dig into it. That is where it shines best. The amount of info and systems provided is massive and worth the money spent if it is what you desire. It's not for everyone but it works very well.