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Updated almost 5 years ago, 03/03/2020
FORTUNE BUILDERS SCAM
My dad signed me up for a seminar in Burr Ridge, despite having fully rehabbed a four bedroom and two bedroom home! I walked in having read the reviews and if you are a newbie you can extract some information, but just go purchase a book and save yourself the time. Fortune Builders for a person with a little knowledge will not be impressed and if you are a person like me that asks questions you will smell scam a mile away.
*the speakers that have all this ,"alleged," real estate experience do not provide you a last name or business cards (this is the age of technology just go Google the person and confirm and verify online. The people on stage were hired to play the role of ,"alleged," real estate moguls and they are all under 30..great performance guys!
*I have NEVER attended a workshop and did not get a first and last name...and these,"experts, " will say we are not affiliated with fortune builders so we don't provide cards, but you should at the very least a last name.
*the one speaker was said to have best selling real estate books, but when I inquired he said he would tell me later. I finally found a book on Amazon with four one star reviews.
*I found one speaker who might have been 30 with businesses on LinkedIn in 1999 when she was 10, her ig page filled with travel pics, but nothing about her multi million dollar businesses nor the 54 schools (lol) she opened in third world countries, she was also associated with three different businesses with no information available about any.
*these ,"alleged, " real estate moguls never shared a real example of any situation, project, just that they had all these deals going....when I went to speak to one she quickly shifted and said tell me about what brought you here!
*the main speaker never completed one topic, everything was I will come back to this by Sunday, Sunday, Sunday, except for the varies types of corporations which you can Google the S type, C type and LLC..oh and SoleK.
*we were promised a copy of the examples given of the system used to find and how to walk through it, but on Saturday there were no copies or no mention of it
*THERE ARE TWO MASTERY PROGRAM PACKAGES ONE FOR $30,000.00 AND ONE FOR $50,000.00.
The only system you need is to find is an honest agent (always, always, always check the comps in the area..that is where I dropped the ball and I trusted Enterprise Realty and Carolyn Washington and never checked the comps).
The second thing needed for a successful system is a great real estate attorney and Attorney Karen Walker was amazing, she urged me to get an inspection, if I had listened to my attorney and spent the $400.00, I would have never rehabbed that property and not taken that hit when I sold it.
The third item needed to have a successful system is a good general contractor, make certain you check the better business bureau, Yelp, Google reviews do as much research as you can before you retain and if you find a good one still check the status everyday by going over there to the property.
I will update this post with the name of the book I read.
In closing, Fortune Builders is a SCAM, why do you need to pay 30-50,000 and still have to pay for your property, general contractor, attorney and materials!