Fortune Builders is a leading real estate investing education organization in San Diego, California. We provide foolproof information systems, tools, and training sessions to aspiring to be successful real estate investors. Additionally, the curriculum has an average of 4.8 stars on Google Reviews from previous students.
Let’s see whether this is the real thing!
Fortune Builders is a real estate investing program.
Like most real estate investing training courses, you’ll likely be exposed to the “Big 3” investing types:
- Long-term buy-and-hold
Regardless of which path you go down, there is a lot of potential with real estate investing.
After all, it’s the world’s oldest wealth-builder.
However, before you leave this Fortune Builders review and go sign up, you might want to ask yourself:
“Is now the right time for me to get into real estate investing?”
Because, no matter which way you slice it, real estate investing is extremely capital intensive, labor intensive, or both.
So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into real estate investing.
But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion.
A good way to get yourself there is with Digital Real Estate.
Digital Real Estate takes all the best parts of real estate investing, while eliminating most of the headaches:
- Low cashflow
- Interest payments
- High overhead
- Expensive repairs and maintenance
- Problematic tenants
And the best part?
Digital Real Estate allows you to build a passive income stream that’s actually passive!
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors.
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is the perfect first step to build a recurring income that you can then use to start investing in real estate down the line.
However, if you’d still like to know more about Fortune Builders, keep reading.
Who Started Fortune Builders?
It was founded in 2006 in San Diego, California, by real estate moguls Merill, Sopielnikow, and Esajian. It was rapidly recognized as one of the nation’s fastest-growing companies by Inc. Magazine.
These business partners began their voyage together in 2004 when they formed CT Homes, LLC. Depending on their business’s timetable, they may also flip their first property that year!
JD entered the scene the following year, assisting the group in completing 100 property purchases by the end of 2005.
Than Merill is among the most successful real estate investors. He is a sought-after public speaker who began his career in 2006 before the Real Estate Investment Association (REIA).
He is also a best-selling writer on Amazon for his co-authored books “The Real Estate Wholesaling Bible” and “E-Myth Real Estate Investor.”
Paul Esajian graduated from the University of California with a degree in Economics. He is the Chief Financial Officer of three multimillion-dollar businesses: Fortune Builders, CT Homes, and Grand Coast Capital Group.
As with Merill, he authored The Real Estate Rehab Investing Bible, which Wiley Publishing published.
JD Esajian is the president of CT Homes, LLC, where he handles all real estate transactions and rehabs for the company. Unlike Paul & Than, he lacks a book, despite his regular association with the Fortune Builders’ charity endeavors.
Konrad Sopielnikow, a Yale University graduate, is the brains behind CT Homes & Fortune Builders’ science, innovation, and legal techniques. His technical and own business system abilities enabled him to expand the company’s online presence.
Apart from the founders, Fortune Builders also offers a comprehensive roster (more than 25!) of trainers and subject-matter experts.
What Is Fortune Builders?
In a nutshell, Fortune Builders‘ mission is to teach aspiring real estate investors how to approach and profit from their time-tested strategies. It is often regarded as the ideal instructional course for all levels because you will receive real information from seasoned real estate investors.
I’m not sure about you, but I believe that a seasoned coach is superior to those who rely solely on textbook knowledge. True, a fantastic book can take you a long way, but an excellent coach can take you even further.
Fortune Builders has a sizable online community. I appreciate best about the business, though, how many excellent evaluations it has received from genuine participants.
Fortune Builders’ Training Courses
The organization offers three services: a Mastery Coaching course, property investment events, and real estate investing classroom and marketing materials.
Before enrolling as a mastery student, you’ll be required to fill out a form on their website to book an interview time slot. They will show you where to begin your real estate career after the interview.
However, please keep in mind that the course fee may range between $35,000 and $40,000, dependent on their recommendation!
Mastery Coaching is a comprehensive program that includes one-on-one mentoring and support, program materials, weekly live coaching sessions, and access to live boot camps and events.
Real estate events are offered under various titles, including Rehab Bootcamp, Acquisitions and Wholesaling Bootcamp, REO & Shortsale Bootcamp, and the 3-Day Real Estate Workshop. All of these are available only to enrolled coaching students.
Finally, they give course materials, or what they refer to as “blueprints,” for implementing the optimal investing approach. There are 4 courses to choose from:
- Tax liens and tax deeds ( $397.00)
- Maximizing and rehabbing profits (priced at $1,197.00)
- Marketing for deals ($1,197.00)
- Wholesaling for fast cash ($1,197.00)
How Does Fortune Builders Work?
One of the disadvantages is the difficulty in locating explicit and thorough explanations of the type of training and program content offered by Fortune Builders on their website. Nonetheless, I conducted multiple independent investigations at my end, and the following is what I discovered:
The 3-Day Workshop differs according to the member’s location and the instructor. Prices also vary according to the same couple of factors, and this fluctuation is significant.
I’ve observed that these programs are primarily geared toward individuals currently employed in this field. Every weekend, workshops are held. These workshops offer no guarantees for novices, as they provide just rudimentary teaching.
The course contains only a few suggestions for assisting already established businesses.
Additionally, they do not provide free seminar and the educational level you are likely seeking. A typical session lasts a few hours and covers various complex topics.
If you enroll in an online course, you will not be required to leave your home. These classes include topics such as taxation, wholesale, and deeds.
Payment varies according to the program’s level, although numerous lessons are considered more appropriate for beginners/those considering getting started.
This is referred to as the jewel! One-on-one coaching is included in the system. It simply does not get any better than this. This system enables you to start from scratch, assisting you in establishing your business and guiding you throughout its activities. The program’s curriculum is personalized to the student’s specific needs—but, as you might guess, it comes at a high price.
How Much Does The Fortune Builders Course Cost?
As I briefly indicated previously, the cost is determined by the location, course level, and course type you select. Surprisingly, the site does not mention the pricing, and there is no information on the plans (when you start assuming the price will be high).
According to my investigation, some students paid between $200 and $300 for the 3-Day Workshop. The Mastery Program will be the most expensive—probably between $10,000 and $30,000. Online courses might also be priced similarly.
Students must pay between $2,000 and $5,000 for these courses. I cannot promise that these costs are accurate, but this is the best I can do to indicate what to expect.
The courses’ quality is judged to be adequate but not exceptional. Individuals who claim to have attended these classes speak highly of the training they received. When the costs are considered, it appears that the company’s employees receive a substantial portion.
The issue is that the Fortune Builders website does not accurately show the prices and packages. What prevents them from achieving transparency?
In general, you get the sense that something is strange when everything is suddenly concealed—most notably the cost. That is, if a web-based store is seeking to sell software or another type of product, nobody will buy until the price is established. This is highly rare, and I can think of no rationale to justify this course of action.
Is Fortune Builders A Scam?
So, is Fortune Builders scam? Not technically. You can make money with this program, but it’s definitely not as easy as Merill, Sopielnikow, and Esajian makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual profit margins on real estate investments are pretty small.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months – looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property – and then your reward is like $100 a month in profits, it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Can You Make Money With Fortune Builders?
Yes. You can earn money with Fortune Builders, but you must also invest a significant amount of money to get started.
You can certainly make money with real estate investing, but if you’re gonna put in the amount of grueling work to become a real estate investor (which, trust me, isn’t easy), you might as well bring in some REAL money.
Is Fortune Builders Legit?
Yes. Fortune Builders is a legitimate business. However, it is not a Better Business Bureau accredited.
Building a profitable, successful real estate investing business is achievable… However, there are more effective ways to establish a business than real estate investing.
But, when it comes to building a business, you have plenty of options.
Keep in mind, I don’t get paid to promote any of the programs I review. I personally think real estate investing is a great business model, but you could end up leaving way too much money on the table.
Are the alternatives to Fortune Builders
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
What Is Our Top Recommendation For Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: 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 Real Estate 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 taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.
2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.
A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.
With Digital Real Estate, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate 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, running, and generating profits for less than $100.
4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH. Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.
Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).
With Digital Real Estate, 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 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.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate 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 Fortune Builders 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 Real Estate.
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 Real Estate.