All Forum Posts by: Jason Borowy

@Jason Borowy 

Welcome. Fill in the foundation below.

Check out the Start Here page http://www.biggerpockets.com/starthere

Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.

Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having over 70 past ones to catch up on.

Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers.

Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook

Consider checking out HUD homes for small multi's owner occupied gets first crack.

You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over

http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

Good Luck

Paul

Before you promote Fortune Builders Seminar, you might want to Yahoo them and see how many people they have scammed.

Joe Gore

@Jason Borowy 

Welcome. Fill in the foundation below.

Check out the Start Here page http://www.biggerpockets.com/starthere

Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.

Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having over 70 past ones to catch up on.

Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers.

Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook

Consider checking out HUD homes for small multi's owner occupied gets first crack.

You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over

http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

Good Luck

Paul

Jason,

I am a graduate of the program. 

It is NOT for anyone and everyone. But it certainly is NOT a scam in the sense that the material is 'wrong' or 'fake', but I would definitely question some of the statements they make in their marketing efforts.

Fortune Builders' material is geared towards making a business out of flipping a home. Their intent is not necessarily to make you a 'casual' flipper.

Also, a lot of their material is geared towards the mid-west/east coast market. Some of the strategies they teach in their course definitely do not apply in certain markets (especially mine).

Their 'coaching' is probably the biggest issue I have with them, what was delivered was drastically different than what they communicated they would deliver. When I went through the program, their 'coaching' was summed up as once a week coaching calls for 30 minutes with a coach that may or may not be local or understand your local market. That is imperative as a newbie to have someone accessible and knowledgeable of the local market. Even the radio advertisement said they had a "small" "local" team -- this is completely false. 

When I signed up, there were 3 busloads of people who also signed up with me. That was over 18 months ago, and to this day, there are only 6-7 people that I am aware of (out of the 3 busloads) that are still doing it today.

Most people are successful because 1.) They have a business background or Real Estate background or 2.) They went in full time.

That being said.. there is more than enough information on biggerpockets to get started in investing. The real value that FortuneBuilder really provides is business systems to streamline what you are doing and scale.