Foreclosure Academy Reviews (Updated 2024): Is Carlton Weiss Legit?

TLDR – What’s The Verdict On Foreclosure Academy?

Let’s cut to the chase…

Can you make money from Foreclosure Academy?

Well yes, if you can navigate past the legal complexities that comes with foreclosure.

Carlton Weiss may run a successful foreclosure business but running a successful business doesn’t equate to being a good teacher.

Plus, there isn’t much information about Carlton Weiss, so there isn’t a way to determine if he practices what he preaches.

There are lots of unpredictable moving parts when it comes to foreclosure.

I mean there are a lot of property laws and related regulations you will have to understand…

Along with running into problems with foreclosed properties such as unclear ownership or even heavy damage. This will involve a lot of work, from either reviewing property records to find the ownership paperwork or the additional costs the property may have due to the lack of maintenance.

All that time is spent trying to find leads, negotiating deals, and going through legal matters.

Is it all really worth it for such little profit margins?

Success isn’t guaranteed, especially in a business model that depends on favorable market conditions to make some profit.

Surely there is a better option out there?

What if there was a program that didn’t require you to scan through piles of paperwork and make endless phone calls.

A program with higher profit margins and less time invested…

And, an ongoing steady monthly passive income on top of that?

Well if this is what you are looking for, I suggest Digital Leasing.

With digital leasing, you can say your goodbyes to the stress that comes with foreclosure. And, instead of dealing with legal problems and paperwork, digital leasing offers a more streamlined and hassle-free process.

Who Can Benefit From The Foreclosure Academy and Who Isn’t It For?

This program could be for you if:

• You’re an experienced real estate investor looking to explore a new avenue of real estate.
• An entrepreneur seeking to diversify your streams of income.

It may not be for you if:

• Looking for a program that is transparent about the degree of difficulty it takes to find leads. This Trustpilot user tells us how hard it was to obtain leads from courthouses.
• Searching for a market that is not oversaturated. Another user on the Trustpilot website shares how there are hundreds of people calling the same leads.
• Searching for a trustworthy and reliable program. The comments on this Reddit thread mention how Foreclosure Academy is misleading its students and just selling empty promises.

Foreclosure Academy At A 1,000 FT View

Foreclosure Business Model

Foreclosure Academy runs under the real estate business model.

Whenever a homeowner is unable to pay their mortgage payments, their property goes through a foreclosure process.

The property is then listed at a lower price than the market value which then presents an opportunity for a real estate investor to step in.

Once the real estate investor buys the property at a discounted rate, they either improve or renovate the property to sell it again at a higher price.

How Does Foreclosure Academy Work?

Foreclosure Academy uses an online database where they search for people who have lost their homes in foreclosure.

Once they find them, they contact the government office to find out how much money is still owed to the previous owner.

After signing a contract, they then transfer the remaining money to the new homeowner whilst keeping a 40% finder’s fee.

About The Guru – Carlton Weiss

Carlton Weiss created Foreclosure Academy, but before that, he used to be a private investigator where he conducted investigations related to private trusts.

Now, he successfully runs a foreclosure business, teaching people how to achieve financial freedom.

What Is The Cost Of The Program?

The Foreclosure Academy cost is $497 with an option to make 3 monthly payments of $197.

Is There A Refund Policy With Foreclosure Academy?

There is a 30-day money-back guarantee.

How Is Carlton Weiss’s Program Different From The Rest?

There are a number of ways you can invest in real estate.

Let’s explore different real estate investment strategies and see how they compare to Foreclosure Academy.

First up we have Virtual Wholesaling. This is a real estate wholesaling program run by Chris Chico. He teaches you the method of wholesaling, but virtually. The drawback to this program is that you are relying on ads to find real estate investment opportunities, which can be costly.

Next up we have the Ron Legrand course. Ron gives you a step-by-step start-up plan to acquire properties. The downside to this course is that you will need to spend additional money to get coaching.

Last but not least we have Kris Krohn’s mentorship program. Kris invests in multifamily residential properties and teaches you the long-term buy-and-hold method. The problem with this mentorship is that he makes real estate investing seem very easy, which doesn’t happen once you go out into the real estate world.

What’s My Personal Opinion On This Program And Is There A Foreclosure Academy Scam?

There are some things you have to consider before going out your way and purchasing a program online:

1. Is the program being taught by an experienced guru?
2. Does the program provide you with high-quality information?
3. Does the coaching time meet your needs?
4. Is the program well-reviewed?

Would I Recommend Foreclosure Academy?

Let’s begin with the positives:

• You don’t need an initial investment to start which gives you the opportunity to test out the program to see if it works for you or not.
• The course is well-detailed, covering the foundations of overage business, and you get a solid understanding of the basics of tax sale overages.
• It does have a private Facebook group with over 4k members.

Now the negatives:

• A thorough understanding of the foreclosure laws, which differ from state to state and are not taught in the course, is required as making a mistake could get you into serious legal trouble.
• Closing foreclosure deals can be time-consuming. Finding leads, negotiating deals, and going through legal matters takes up a lot of your time.
• The Trustpilot reviews score for this program has a poor rating of 2.2, which means there’s a lot of dissatisfaction amongst its users.

I would not recommend this program as the process of closing foreclosure deals can be extremely time-consuming, and understanding all the foreclosure laws can be difficult to learn. The poor ratings of this program don’t help as well.

Is Foreclosure Academy A Scam Or Legit?

I don’t think Foreclosure Academy is scamming you, but it depends on how you see it.

You can make some money from this program, but that’s if you don’t mind working long hours, going through piles of paperwork, and studying all the complicated laws that come with foreclosure.

I mean, I personally don’t think it’s worth all that confusion and effort trying to find profitable foreclosures to only end up with little profit.

I just think there are better options out there to invest your time.

What if, instead, you could put the same time and effort in as little as 3 months but reap a passive income stream of around $500 to $2,000 dollars each month?

And to make things better, what if you could get started right away and get paid as soon as the following week?

Digital Leasing holds the power to accomplish that!

And the best thing about it is that profit margins are far higher than what Foreclosure Academy will get you!

What’s Inside The Program And Is The Foreclosure Academy Cost Worth It?

There are 8 core modules in the Foreclosure Academy

• Foreclosure Secrets
• Lead Generation Secrets
• Skip Tracing Secrets
• Lead Outreach Secrets
• Overage Paperwork & Attorney
• Outsourcing Secrets
• Auto Dialer Secrets
• Business Setup Walkthrough

Fast Track Program

Fast Track Program was created to teach you how to hire virtual assistants who can assist you with tasks and help you with the modules above to get a head start in making money.

Business Setup Walkthrough Part 2

• Installing Xampp
• Setup WordPress
• Installing Essential WordPress Plugins
• Customizing Your Themes
• Moving WordPress from a Local Server to a Live Website

Foundations of Overage Business Course

There are 18 lessons in this course, which cover different aspects of sales in the foreclosure market, such as CRM skip tracing, tax leads outreach, and so on.

Conclusion: Is Foreclosure Academy Legit?

So is Foreclosure Academy a good investment?

No, I don’t think so!

While the program does offer great benefits like no upfront investment and a 30-day money-back guarantee, there are many drawbacks to consider.

For one, the legal complexities involved with foreclosure carry serious risks, and if you are not careful, you can face legal action.

The other downside is that you are going to have to wait a while to see some profit with this business model.

However, there is a better alternative program out there which is Digital Leasing.

With Digital Leasing, you have the opportunity to increase your profit while reducing the potential risks and legal complications that come with foreclosure.

Not only that, but you won’t need to deal with piles of dusty paperwork and grumpy bankers.

Digital Leasing gives you the freedom to manage your properties with just a few clicks!

What Is My Top Recommendation For Making Money Online In 2024?

I have spent many years researching and reviewing thousands of programs out there.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1) It’s Flexible: From finding viable leads to negotiating deals and addressing legal aspects, individuals may need to invest significant time before realizing profits in a foreclosure business.

No matter how easy Foreclosure Academy makes it sound, it’s definitely not a walk in the park!

Enter digital leasing. Got an hour a day? You can do this. Ready to drop everything else and dive in full-time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t. 

Imagine you can go away for 3 months and live your life or even write a journal while enjoying the sunny beach in Fiji.

This is only possible if you have an income stream that’s not tied to your time.

Foreclosure business is the same as having a full-time job. You have to always be on the lookout for good deals whilst following the strict foreclosure laws.

2) You Own & Control EVERYTHING: In the foreclosure game, you’re not exactly holding the ownership card. You are just the middleman.

Now, switch gears to Digital Leasing. You own the assets outright, boasting a hefty 90-95% profit margin. That means you’ve got all the power and control in your hands.

3) Little To No Startup Costs: With Digital Leasing, it’s possible to get in with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work. 

Even without getting paid in advance, you can have your first Digital Rental Property up and running and generating profits for less than $100.

4) Minimal Ongoing Expenses: With a foreclosure business, there are marketing expenses, legal fees, and outsourcing fees to factor in.

With Digital Leasing, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.

5) Easy To Duplicate: OK, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple of keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses. 

You make money by helping them make money. 

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

Now, the choice is yours. You could continue browsing, looking at opportunities like Foreclosure Academy which could one day make you money.

You could continue researching, never making a decision. 

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits. 

All while genuinely helping real people who are grateful and happy to pay for it. 

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.