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Report: #1234417

Complaint Review: Fortune Builders TRUSTED BUSINESS | Ripoff Report Verified Safe™ …businesses you can trust. FortuneBuilders is a premier real estate education company. Founded by nationally recognized real estate investors, FortuneBuilders developed systems, tools, educational platform, coaching program to accelerate new & existing real estate investor businesses. FortuneBuilders offers most advanced, comprehensive investing education. - San Diego California

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  • Reported By: ED Magedson - Founder, Ripoff Report — Tempe Arizona USA
  • Fortune Builders TRUSTED BUSINESS | Ripoff Report Verified Safe™ …businesses you can trust. FortuneBuilders is a premier real estate education company. Founded by nationally recognized real estate investors, FortuneBuilders developed systems, tools, educational platform, coaching program to accelerate new & existing real estate investor businesses. FortuneBuilders offers most advanced, comprehensive investing education. 960 Grand Ave San Diego, California USA

FortuneBuilders TRUSTED BUSINESS REVIEW: Verified Safe, Fortune Builders' mission to help students capture opportunities, reach full potential & achieve goals by providing high-quality educational programs, coaching experiences. FortuneBuilders’ core values: Ethics & Integrity – Do the right thing, Inspire – Motivate, help others achieve goals,Educate – Believe in, commit to personal growth & development, Lead – Take action & follow through, Crush It – Enjoy every moment, do it with passion.

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Ripoff Report REVIEW /Commitment to Customer Satisfaction

FortuneBuilders joins Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program -- a long name for a program that does a lot for both consumers and business alike.

Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program -- a program that benefits the consumer, which helps to increase consumer satisfaction and confidence when doing business with a member business Verified By Ripoff Report.

When a company or individual joins the Ripoff Report Corporate Advocacy Program, they must make a commitment to us - in writing - to 'doing whatever it takes to make things right with their customers.' What does that mean? It means that Ripoff Report expects that members of our Corporate Advocacy Program will review and respond to ALL customer complaints promptly. It means that every complaint will be taken seriously and every customer will be treated fairly and with respect. It means if a customer did not receive what they expected, the company will work with that customer to fix the issue. It means that if a customer requests a refund and if there is any reasonable basis for that request, we expect the customer will be given a prompt refund (some refund requests may not be reasonable, so this does not mean a refund is guaranteed in every case). "Making things right" can mean lots of different things to different people, but our point is this - by working closely with the company or individual to resolve any disputes, Ripoff Report can track the footprints of customer service to ensure that our Corporate Advocacy Program members are doing everything they can to treat customers fairly and to increase their customer satisfaction.



ALL COMPANIES GET COMPLAINTS, BUT HOW THE COMPANY HANDLES THOSE COMPLAINTS, SEPARATES GOOD BUSINESSES FROM THE REST
FortuneBuilders is Ripoff Report Verified
Ripoff Report Verified™ .. part of Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program.A program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business..

By ED Magedson - Founder, Ripoff Report

FortuneBuilders approached Ripoff Report with the intent of wanting to resolve any customer issues and reports posted on Ripoff Report.

As a Part of the Corporate Advocacy Program the member business allows Ripoff Report to send an email to all of those who filed a complaint in the past, letting the customer know, the member business wanted to make things right with them, whatever it takes to do so. Ripoff Report always monitors these emails to insure the member business does what they agreed to. The people at FortuneBuilders did just that.

FORTUNEBUILDERS CONTINUES TO CLARIFY WHO THEY ARE AND WHAT THEY CAN DO FOR CLIENTS

"FortuneBuilders is a real estate investment educational company that teaches thousands of students every year how to strategically invest in real estate and build successful real estate businesses. Over the years the company has helped thousands of people start successful real estate investing businesses in markets in both the United States and Canada. The company has also been recognized two years in a row by Inc. Magazine as one of the top educational company's in the country.

The company has demonstrated a very strong track record of success with its investor students.

The company was founded by three of the nation's most trusted and respected real estate investors. In the last twelve years the founders have bought and sold hundreds of properties and have developed a very strong track record of success. Their investment company has successfully completed more then 100 deals a year the past few years and is extremely active today. At any given time the company currently has between 20 and 40 ongoing real estate development projects.

The founders are also active in the financing sector of the real estate business. They have funded over $50 million dollars worth of deals for other investors around the country. They currently help other investors around the country by providing short-term financing to real estate investors, builders, and developers.



Than and Paul, two of the three founders, are also both best selling authors and the stars of A&E's #1 hit TV show “Flip this House.” The network selected to highlight their investment business based on their strong track record of profitable real estate investment deals.

The founders pride themselves on teaching investors how to strategically invest in real estate and how to build a successful business that is not completely dependent on your time as the business owner. They believe many real estate investors sense of success comes from the process of building a business that “works” or is “profitable.” However, from their point of view having a business that “works” is not enough.

They believe a successful real estate investment business is not only “profitable,” but also gives you the time to enjoy your life and fulfill your passions and dreams. They further believe success is defined as having a turn-key, systems-dependent business that serves as a vehicle to all the people it touches: the owners, employees, and the community.

Thus, the company has made it their mission to not only teach people how to successfully invest in real estate, but also how to build a thriving business that is not dependent on the business owner trading time for money.

The Companies Track Record of Success With Their Students

The company has a very diverse population of students from both the United States and Canada. Their student body is made up of people who invest on both a part time and a full time basis. The company currently works with investors of all different experience levels from people who are just starting to real estate investors who have been investing in real estate for over 30 years.

The company has demonstrated a very strong track record of success with their students.

The Company's Real Estate Philosophy

The company has taken a very systematic approach to teaching their students how to invest in real estate successfully. It focuses on teaching investors a step-by-step process for acquiring, redeveloping and reselling properties quickly. Likewise, the company also teaches investors how to strategically roll those profits into rental investments so investors benefit from the numerous advantages of owning real estate for the long term.

The company believes strongly in teaching others how to diversify their real estate holdings across different property types and markets.

Does the company guarantee that all of their students will make money?

No. Real estate investing has risks just like any other investment you might chose to make. This is why the company believes a comprehensive education is the only way to reduce your risk, however they are very clear that you can never eliminate all the risk associated with investing in real estate.

The company makes a point of communicating and disclosing various potential risks associated with investing in real estate as well as the risks associated with starting a business. For example, the company requires all of their instructors to clearly communicate these risks during their presentations.

The company teaches its clients to approach investing like they would any other business activity. They believe strongly in the value of real estate education and coaching and understand that having a good education can help investors avoid a lot of costly mistakes they would make, but it will not help them avoid all mistakes.

The company has helped thousands of people around the country get started successfully, however they can not guarantee that all of its clients will take action on the education and coaching they provide. Success is a combination of effort, skill, willingness to overcome adversity, and a dedication to one's education.

That being said the company works tirelessly to help students who do get out to a slow start or who have had major life event get in the way of their progress. They encourage all their students to reach out if they ever fall behind or if they know they need additional help.

Can the company guarantee someone's success?

No. Real estate investing has a tremendous amount of opportunities as well as risk. The company clearly discloses that they can not guarantee anyone's success as it's not possible to guarantee anyone's success in any business.

Is it possible to invest in real estate on a part time basis?

Yes. The company currently has a student base that consists of both part time investors and full time investors. Their student base is also very diverse in terms of age, educational background, and business experience.

Many of the students currently invest in their spare time. Some work on their business at nights and some on the weekends. The company never recommends for someone to leave their job until they feel comfortable with their track record of real estate investments. The company believes how effectively you use your time is often more important than purely how much time you have.

Do you have to be a licensed Realtor to invest in Real Estate?

No. You do not have to be a licensed Realtor to make investments in Real Estate. The company does encourage its students to obtain their real estate license at some point in their career because there are advantages to having your license. However, the company has numerous students who actively invest and chose to never obtain their real estate license.

Can a licensed Realtor invest and do what the company teaches?

Yes. You can invest for your own portfolio when you are licensed. In fact, the company believes it is advantageous to be licensed and they recommend that their students get their real estate license at some point in their career. Please note that if you are licensed you do have to disclose the fact that you are licensed when you are buying and selling a property. Every state also has different licensing and testing requirements.

Will this work in your market?

The strategies the company teaches for buying and selling real estate can work in any real estate market. In every major market across the country there are investors who apply sound real estate investment principles and achieve positive investment outcomes. The system taught by the company does not rely on appreciation and instead focuses on value add investment opportunities that can be purchased below market value and redeveloped.

In addition, to account for any market differences, the company teaches investors how to analyze the local market and identifying the right local niche and strategy that has the most potential.”



WHY FORTUNEBUILDERS IS BETTER THAN THEIR COMPETITORS

"FortuneBuilders is committed to total client satisfaction. The company has thousands of successful students around the country in many different markets. Likewise, the company has shown a consistent commitment to resolving any consumer complaints and helping students who may have falled behind on their education.

The company hosts many three day educational workshops every year where they introduce students to the business of investing in real estate. At these workshops the company surveys attendees about their overall workshop experience and they have obtained an average rating of 9.58 out of 10.

The company's founders are active real estate investors and utilize their real estate investing business as the foundation for what they teach. This is very unique as many real estate educators in the industry have a difficult time maintaining a successful real estate business while teaching.

At many of the company's advanced trainings students have an opportunity to tour the founders real estate development projects and get a very unique hands-on learning experience. In other markets around the country wherethe company holds local trainings they will also tour real estate development projects of their successful students.

The company has also assembled a very experienced coaching staff of successful investors who collectively have thousands of deals worth of real estate investing experience. The majority of the coaches who work with the company are coaching alumni who have graduated from the program and who have built successful real estate investing businesses themselves in different markets around the country.v How has the company handled the few complaints it has received?

FortuneBuilders has always been very proactive about following up and resolving any customer complaints and inquiries.

The company has a very positive record of resolving any and all customer issues.”

FORTUNEBUILDERS – STATEMENT FROM THE OWNER

"I take tremendous pride in being able to help our students achieve success in both their personal and financial lives. I have personally been investing in real estate for the past twelve years and the business has changed my life in so many positive ways.

Over the past seven years we have been able to help thousands of investors start successful real estate businesses through our coaching programs in numerous markets throughout the country. We have also been able to help many intermediate and experienced investors take their existing businesses to an even higher level by helping them implement more efficient systems and processes into their business.

Years ago I discovered that I have a tremendous passion for teaching other entrepreneurs how to launch and grow businesses. It is an amazing feeling when you can help someone take an idea and through our experience help someone turn that idea into a long-term sustainable business they can be proud of.

Do you believe there is risk in real estate?

Yes. Investing is in real estate is no different then any other asset class or any other business venture in that there is risk. I also believe very strongly in the long-term fundamentals of investing in real estate. I think it can impact someone's life in very positive ways if you are willing to educate yourself, work hard on a daily basis, and implement systems into your business.

How do real estate investors help the local economy?

There is a tremendous benefit to the community when you have an educated sector of real estate investors actively investing in the local housing market.

First, we teach investors how to find and redevelop existing properties that are often the eye-soars within a neighborhood. Many of these blighted properties are vacant and not generating property tax revenue for the city. Some of these vacant properties can also be a threat to the community because they are hubs for drugs and crime. Some of these properties sit vacant for years until an investor is willing to purchase and redevelop the property.



Often times when the investor is finished redeveloping the property it has been transformed from one of the ugliest houses in the neighborhood to one of the nicest. In addition, this positively impacts the housing prices of other properties within the neighborhood.

Likewise, real estate investors help stimulate the local economy in many different ways. Investors purchase building materials for their projects and provide jobs for contractors, Realtors, and various other real estate professionals. They also help generate tax revenue for the city because the property is once again on the tax rolls.

Is now a good time to buy real estate?

This is a good time to be investing in real estate regardless of whether you are a first time home buyer looking for your first home at a great price, a real estate investor looking to fix and flip a property or a potential landlord looking to buy and hold rental properties for the long term for cash flow benefits.

Currently we are in an economic environment that is very favorable to Real Estate investing. Interest rates are at historical lows meaning investors who lock in 30 year mortgages can create a great hedge against inflation for themselves. Additionally, housing prices in many markets have reset to the lowest they have been in a decade.

Likewise, national foreclosure rates are still relatively high which offers a unique opportunity for investors who learn how to negotiate short sales. More importantly what we teach can work in any market because we show investors how to purchase properties at significant discounts.

How can you buy real estate without using any of your own money?

We teach our investor students to raise private money for their investment deals for both the purchase, holding, and construction costs. This is a very common real estate practice whereby you find an individual private lender who is willing to loan money in exchange for a mortgage or deed of trust against the property. The private lender then earns a fixed rate of return for the period of time that you borrow the money. This interest rate that you pay is completely negotiable between you and the private lender.

The benefits are that you are using leverage and are not putting any or all of the money up to fund the real estate deal. If you are limited on capital to invest in real estate this is a very viable option for you to get started. However, like any investment there is risk because you are using leverage. You can lose money and there are no guarantees. This is why you should place a high value on your personal investment education.

What makes your company unique?

Our company five core values: ethics & integrity, inspire, educate, lead, and crush it. These core values are constantly reiterated throughout all of our company meetings and amongst the hundreds of employees who work within the company.

We also try to encourage both our employees and students to give back to charities and causes they believe in that make a difference in their communities.

Years ago we created FB Gives which is the company's philanthropic family of individuals who are passionate about giving back, supporting charities, and seeking volunteering opportunities.

Since it's creation we have raised over $100,000 dollars for various local and national charities the past couple years through various charitable events we have organized and run.”



FORTUNEBUILDERS’ QUALITY SERVICE

"At FortuneBuilders we pride ourselves in using the highest quality SERVICE.

At our three day educational workshops we cover many of the basics on how to get started investing in real estate utilizing sound investment principals. Real estate investing has been an asset class that millions of Americans have been making money in for years, however that does not mean that investing is not without risk. At our live events we teach investors how to locate sound investment deals while at the same time minimizing potential downside risks.

We have been extremely successful at locating properties that are distressed and can be purchased below market value. At our events we teach people what types of properties we target and a few strategies we utilize to find these types of deals.

Many of these properties we redevelop and then resell. Others we choose to acquire to hold because they are good long-term investments that create cash flow.

At our workshops we also introduce real estate investors to how they can grow their existing real estate businesses by putting systems into place so that less time is spent on each subsequent transaction. Many real estate investors start investing, however they quickly find out that, like a job, they are trading time for money.

Our goal is to make investors aware of the importance of creating and implementing systems within their real estate businesses. These systems are what also allow many of our existing students to invest in real estate in their spare time.

At the events we also introduce people to different methods of financing for their deals even if their capital is extremely limited. This is primarily accomplished by working with private money lenders who are a lot easier to work with in comparison to traditional banks.

Lastly, we touch on what we believe are the best opportunities and niches within real estate in today's market. We believe you have to stay up to date with market trends because your competition probably will be.

Tell us about your instructors who teach your workshops?

All of our instructors at our three day workshops are real estate investors who are currently investing in real estate and have demonstrated a track record of success with their personal real estate investment businesses.

Our instructors all go through a comprehensive training program before they begin teaching at our workshops. Likewise, we have weekly training webinars for all of our instructors. This helps our instructors stay up to date on the ever-changing real estate landscape.

However, just knowing how to invest in real estate and staying up to date doesn't mean that an educator can make complex concepts simple and easy to understand so others can learn them quickly.



As a result we also look for instructors who are excellent communicators and teachers. Being able to keep people's attention and engage in learning for three days throughout the event and make learning fun isn't the easiest thing in the world to do. So as a result we spend a great deal of time making sure our instructors learn how to train people properly and apply advanced learning techniques.

We also look for instructors who understand the value of personal development. We strongly believe that is not just your abilities or talent that bring you success, but whether you learn to approach your goals with a fixed or growth mindset. These two different belief structures lead to different behavior and also to different results. Yes, hard work, effort, and persistence are all important, but not as important as having an underlying belief that you are in control of your own destiny.

We believe that learning this simple idea about “how we think” can create a love of learning and a resilience that is the basis of long-term business success beyond our three day workshop.

Research has shown that it's the way you think about our abilities that really counts and that is why we believe so strongly in making sure we teach these fundamental lessons at our workshops. We believe that by teaching the fundamental lessons that lead to self-mastery it enables people to find their true purpose, take control of their life, and harness the forces that ultimately shape their destiny.”

ANY BUSINESS THAT CAN ADMIT THEY MADE MISTAKES AND CORRECTS THOSE MISTAKES IS A BUSINESS YOU CAN TRUST AND WORTH DOING BUSINESS WITH

As stated above, FortuneBuilders is committed to 100% customer satisfaction and has made every possible effort to ensure that all customers have a positive experience while at their business.

After speaking with the management at FortuneBuilders and emailing anyone who filed a complaint in the past, Ripoff Report is proud to give FortuneBuilders a positive Rating. FortuneBuilders made efforts to ensure that all customers were satisfied and the management at FortuneBuilders assured Ripoff Report that the business has an improved business model that features customer satisfaction as the top priority.



STATED IMPROVEMENTS FROM FORTUNEBUILDERS

They're new policy is to always contact all customers to gather valuable feedback so that they can continue to adapt and deliver the best customer service possible. FortuneBuilders is willing to go beyond the call of good customer service and do what it takes to make things right with their customers.

FortuneBuilders is dedicated to customer satisfaction “The company's top priority is the success of their students. They believe they have created an extremely comprehensive educational program that includes everything from advanced live training events, to one-on-one coaching, to weekly group coaching, to systems, technology, and tools that every real estate investor needs to run a successful business. The company also has coaching students who have been part of otheir program for the past seven years who continue to benefit from many aspects of the program. When something works in the founders real estate investment business they share that with their students. If new legislation is enacted they share their thoughts with their students so that the company's students are always ahead of the curve. The company also has a policy of complete customer satisfaction and they encourage all their customers to reach out to them directly if you ever have any questions or issues. We believe the fair thing to do is always make the company aware of something and give them the opportunity to resolve it before posting any feedback online. We encourage you to contact FortuneBuilders directly by emailing their head of customer care: roy@fortunebuilders.com. FortuneBuilders receives a positive rating for their commitment to Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program. *Any consumer not receiving satisfaction from a member of Ripoff Report's Corporate Advocacy Business Remediation and Customer Satisfaction Program should email us at EDitor@ripoffreport.com.

This kind of dedication to customer service means that FortuneBuilders will do whatever it takes to make sure their customers are properly taken care off.

In the future, if anyone has any complaints or concerns with FortuneBuilders, you are invited to contact them directly via email: roy@fortunebuilders.com (again, please be sure to cc: EDitor@ripoffreport.com so we can keep track of the company's response and to insure customer satisfaction). You can call FortuneBuilders directly at 860-983-8288.

As always, Ripoff Report cannot guarantee that every customer or employee will always be 100% satisfied in every case, but we promise that if you have any concerns with FortuneBuilders or any of our Corporate Advocacy Program members, we will do everything we can to see that the issue is addressed quickly and that you are treated fairly and with respect. Any issues you think you cannot resolve with any member of Ripoff Report's Corporate Advocacy Program, please contact us at EDitor@ripoffreport.com.

Remember, just because a company or individual is reported on Ripoff Report does not mean you should not do business with them. Use Ripoff Report information as a tool to your advantage. Be knowledgeable about any company or person you hire. Also, don't be afraid to ask questions and get additional information until you feel comfortable in allowing them to work for you.

Be sure to contact us with your questions and comments about any business that is part of the Corporate Advocacy Business Remediation and Customer Satisfaction Program. Your questions, comments and suggestions are always welcome and will be considered even if we don't agree with them. Please realize Ripoff Report is chartering in new territory, working to make a change for both consumers and businesses alike.

Consumers can feel safe confident and secure when doing business with FortuneBuilders.

Here's why:

Read about Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program, and about Healing Solutions' Commitment to Excellence and Consumer Satisfaction.

Consumers should feel safe, confident and secure when doing business with a member of Ripoff Report's Corporate Advocacy Business Remediation & Customer Satisfaction Program, yes, a long name for a program that does a lot for both consumers and businesses alike.


Written by,

..Ripoff Report Corporate Advocacy Business Remediation and Customer Satisfaction Program team..
 
..by consumers, for consumers
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This report was posted on Ripoff Report on 06/08/2015 08:37 PM and is a permanent record located here: https://www.ripoffreport.com/reports/fortunebuilders-real-estate-education-coaching-resources-fortune-builders-san-diego-california-1234417. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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