Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 6 times.

Post: systems ??

Account ClosedPosted
  • PRIS-CO Real Estate, New Fairfield, Connecticut
  • Posts 6
  • Votes 0

John;

thank you again. I have looked at these two sites and I believe that these are for mass e-mailing however you would need to actually know the e-mail addresses for such people who are going into forclosure or bank take over. I'm looking for a program that takes a continuously generated list of forclosures or HUD or properties of interest and only will select the preferenced property type selected and will automatically send out letters via first class mail for only those properties fit the criteria that is searched for. The letter being generated would be automated and will have my contact information such as e-mail, phone, etc similar to what was being offered from the Fortune Builders company.

in other words; the program finds the leads, selects on the properties of preference and automatically send out letters of interest.

Post: systems ??

Account ClosedPosted
  • PRIS-CO Real Estate, New Fairfield, Connecticut
  • Posts 6
  • Votes 0

Thank you so much. I can only assume that there is a lot of automated programs available however being a newbe, i'm not familiar with any of them.

I'm interested in automated systems that find properties, cost out rehabbing projects and advertising houses for sale once they are ready, on the numerous multi-media outlets. do any of these programs actually exist ?

Post: systems ??

Account ClosedPosted
  • PRIS-CO Real Estate, New Fairfield, Connecticut
  • Posts 6
  • Votes 0

Hey Guys;

Although a have decided to pass on the latest real estate systems with the Fortune Builders organization, can anyone tell be or guide me to a real lead generating system such as what Fortune Builders had advertised. is there actually a way to gather leads from multiple sources that will sort or select according to your choice preference. if so, will it also automatically generate a reply or response letter. if so, where is such a system located. Knowledgeable reply's only, please !

Post: Fortune Builders Mastery Program

Account ClosedPosted
  • PRIS-CO Real Estate, New Fairfield, Connecticut
  • Posts 6
  • Votes 0
Originally posted by @Paul Timmins:

@Account Closed  @Imad M. 

Welcome. Fill in the foundation below before stepping into further training. When you complete below you will have a better idea of what you need.

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

 Hey Paul;

Thank you so much for your valuable information. I have done most of what you have suggested and am very pleased with the results from joining my local REIA as well making small purchases of E-books and on-line Webinar's.

Thank you again for such great advice.

Post: Is fortune builders mastery program legit?

Account ClosedPosted
  • PRIS-CO Real Estate, New Fairfield, Connecticut
  • Posts 6
  • Votes 0
Originally posted by @Keri A.:

I attended the 3day FB seminar in Houston. I thought it was really good! I am considering doing the mastery program. Has anyone been through the program? If so, is it worth the 25k?

 Keri A;

I found someone that has actually purchased the program in CA. Below is a copy of his ordeal.------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

I attended their free 2 hour session and then the $197 3-day program and I bought the full $25,000 program around November 2012 (about a year as of this writing)

My logic at the time was, "Hey if these guys have a TV show and have been doing it for 10 years, they might know a thing or two"

I live in San Jose, CA. If you aren't aware, it's probably one of the hardest markets to get into from a "flip" standpoint. Why? Starter homes cost 500,000, not 50,000 like it does in the East Coast and Midwest.

The real problem I have with Fortune Builders is that they advertise coaching, team, and "help" when they offer very little of that when it comes to the Silicon Valley. There are hardly any FB students that are consistently flipping in the area. Get ready to be scoffed at if you want to buy homes at 65 cents on the dollar. Get ready to be disappointed if you think deals are "easy" to find.

I am purely speaking on the efficacy of the material when it comes to the particular market I do business in, the model probably works 10x better where houses costs less than 100,000 a pop.

Since I started, I have joined a local group in the flipping business, I no longer rely on Fortune Builder's material to find us deals, we have to innovate for our own market and seek out the best practices because the program is NOT 'one size fits all'.

In the same way that I would not recommend anyone to "just start a business," I would also not recommend just anyone to "join fortune builders." It is not for everyone, but for the people it is a fit for, there is definitely an opportunity.

Call me at [PHONE # REMOVED BY MOD] if you want to talk about the program. PLEASE call if you are in the San Jose, CA area and are thinking about it, I can save you a BIG headache and lots of frustration. 

Post: Is fortune builders mastery program legit?

Account ClosedPosted
  • PRIS-CO Real Estate, New Fairfield, Connecticut
  • Posts 6
  • Votes 0
Originally posted by @Keri A.:

I attended the 3day FB seminar in Houston. I thought it was really good! I am considering doing the mastery program. Has anyone been through the program? If so, is it worth the 25k?

 Keri A;

There will not be to many people that will choose to trash others within of field in fear of repercussions, and the same will go for me however I feel, as others do to provide you with the best information that we possess. regarding the 3 day seminar and the mastery program, I also attended the 3 day seminar and was also very interested in the what was being offered. The diamond package that was offered to me was for 35,000.00. Unfortunately, I made the choice to not invest in the fortune builders mastery program because of numerous unknowns. in other words, the more research that i had done, the more confused that I became. It is in my opinion that when organization advertise the same product to different people for different prices, red flags should be raised. Also I had called several people from Fortune Builders requesting to visually see the systems, put in place, for generating leads, rehabbing app's and using 40 different multi-media outlets to advertise acquired properties for sale. It appeared to through everyone in to automated response stating that they would love to and will help me to have all my questions answered but they would need more information about me which to a full 30 minutes of my time. During this 30 minute period, I had requested the same information of visually seeing the automated systems and how they work. I eventually was told that a 90 minute meeting would be needed with a director before my questions would be answered. When i asked why this was necessary, I was told that they wanted to make sure that I was able to take direction and be coachable and only if i was that I would have to be chosen to be part of the family. The longer I stayed on the phone with these people, the more uncomfortable I felt. The Fortune Builders organization claims to need to choose individuals for the program however appears to only want people that would provide the least resistance. The bottom line is that, as deflated as I felt, I made the choice to follow my dreams in other real estate avenues.  It is my opinion that being part of the Bigger pocket family that you are in good hands to achieve you real estate needs.

Paul and other Bigger pocket investors here have provide great information as to reach these goals. I agree that you should start by joining your local REIA and obtain some books offered here on Bigger Pockets that share the direction that you choose to take.

Good luck !

Russ