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  • Report:  #1055610

Complaint Review: Fortune Builders

  • Reported By:
    `Old B — Chattanooga Tennessee
  • Submitted:
    Sat, June 01, 2013
  • Updated:
    Sat, June 01, 2013

I responded to an advertisement for a free informational session on real estate investing held by Fortune Builders. In the free session a lot of rehabbing success stories were used to entice newbies with the earning potential of the market and to ensure they spend $197.00 for the three day seminar wherein multiple subjects would be covered in great detail. One book and two worksheets were provided in addition to tickets to the seminar. After two days at the seminar I had taken fewer notes than an average day in a University general studies class in addition to enduring 16 of 20 hours pitching the Mastery Program to me at a cost ranging from 15-35K dollars.

I do not want to disparage the professionalism of the keynote speaker Jeremy Black or his sincerity, however, the seminar was disingenous to be sure. None of what was promised to be covered was taught with any depth, rather trully empowering information was held out like a carrot on a stick for Mastery student status and involvement. For a company that prides itself on the mantra of helping people and giving back, they seemed to have very little qualms about taking my hard earned 200$ and selling me snake oil and a continued promise of potential. Additionally, I was called out from the stage twice for pouring over my information rather than focusing on an exercise in waisting time that was going on on the stage. It was insulting to say the least since my family and friends had rallied on my behalf to afford me the opportunity to be there, everyone had pitched in to take my kids and cover my wife and I at work. Initially on the first day refunds were offered if anyone was dissatisfied, I will see if that offer is still available and perhaps send an amendment to this complaint.

If you have $200 to pay for information that is widely available with minimal research online, then by all means Fortune Builders seminars are for you, just be prepared for an infomercial experience of little substance beyond what a few dedicated hours of independent study can achieve. If you want an environment of positivity and encouragement where you learn enough basics to empower you to risk personal bankruptcy then these seminars are for you. Remember a little knowledge is a dangerous thing, these seminars are turning out real estate investors who are equipped with a feel good high and prepared for little more than risk and ruin.

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