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

TLDR – What’s The Verdict? Is There A Foreclosure Academy Scam Going On?

If you’re the type who prefers a straight answer, here it is.

I don’t recommend joining the Foreclosure Academy.

Carlton Weiss might be successful in running his foreclosure business. Yet, being a successful practitioner doesn’t necessarily translate to being an effective teacher.

Picture an expert chess player who’s won many championships. They’re exceptional at executing advanced strategies and intricate moves on the board. Yet, it’s different when it comes to teaching a beginner the basic rules and strategies.

They might struggle to break down the complexities into simple, understandable steps. Mastery of a skill doesn’t always guarantee the ability to guide someone. It takes genuine effort to teach foundational aspects with clarity and simplicity.

This isn’t to suggest that there’s something illegitimate about Foreclosure Academy. What I’m saying is there are other programs that offer useful skills and more reliable guidance / mentorship that’s been proven over time.

One such program is Digital Leasing. It’s backed by years of experience mentoring to students, helping hundreds of them get to $5k-10k+/mo in recurring income online!

Who Benefits From Foreclosure Academy And Who Should Stay Away From Carlton Weiss?

If you fit into any of the following, Foreclosure Academy might be a good fit for you:

• You are an experienced real estate investor looking to expand your knowledge and explore new avenues.
• You’re an entrepreneur looking to diversify your income sources and navigate the foreclosure business.
• You’re motivated by the idea of assisting people in reclaiming funds from foreclosures. Foreclosure Academy’s focus on this aspect could align with your goals.

That being said, if any of these resonate with you, you might want to avoid the Foreclosure Academy altogether:

• You want a predictable income. As this Redditor said, “There is maybe 0.5% success rate and this isn’t due to lack of trying. Another friend of mine had followed everything by the book – even working SUPER closely with one of the main admins for 8 months and hasn’t hit one deal.”
• You are a complete beginner. This Trustpilot reviewer said, “They don’t tell you how difficult it is to get leads from court houses and their uncooperative staff. There is a lot more involved than what they are saying.”
• You like an honest refund policy. Another reviewer said, “Requested refund because services were not provided as possible. Overbilled one month and even that has not been refunded.”
• You don’t like upsells on top of $497. This user said, “This company knowingly misrepresents the program and charges anywhere from $7,500 to over $10,000.”

It has a 2.6 rating on Trustpilot. This is the lowest I’ve seen so far for a real estate program.

Foreclosure Academy: 1,000 FT View Of This Online Business Opportunity

Business Model

Foreclosure Academy runs on the real estate business model, specifically foreclosures.

Understanding the foreclosure business requires a grasp of the legal framework. You must know market dynamics and various investment strategies.

Imagine the foreclosure business as a challenging obstacle course. The track is filled with hurdles of different sizes and shapes.

Some hurdles represent the legal complexities you might face, while others symbolize the need for specific skills like effective cold-calling techniques.

With knowledge and caution, this niche in real estate can offer financial success. Though you need to remember that navigating the foreclosure business isn’t a walk in the park.

It requires resilience, effort, and real skills to succeed in this venture.

About The Guru – Carlton Weiss

Meet the brain behind Foreclosure Academy, Carlton Weiss—a guy who wears many hats. Carlton used to be a private investigator. He used to specialize in investigating private trusts. He is also the genius behind Private Wealth Academy.

Now, why Foreclosure Academy, you ask? Carlton came here to help people get back what they lost in foreclosure sales. The mission? To help people protect their money and fight for their rights during the process.

Carlton Weiss turned his investigative skills into Foreclosure Academy. He is committed to helping people get what they’re owed and defending their rights.

How Much Does Foreclosure Academy Cost?

The upfront cost for Foreclosure Academy is $497.

You also have the option to pay in three installments of $197 each. There will be 15 days between each payment. This option provides a more gradual approach to covering the program cost.

Is Foreclosure Academy Legit?

Foreclosure Academy isn’t some sneaky scam. It is legit.

Yet, it’s not for everyone. If you are already a pro at calling people and closing deals on the phone, then it might work for you.

If you are new to the online business world, Foreclosure Academy might not be the easiest route. There are better, less stressful, and budget-friendly options out there.

You can check out Brian Page Airbnb, Pace Morby course, Bob Diamond Overages Blueprint, or One Day Flip reviews.

Personal Opinion

If you’ve been here for a while, you know I have firsthand experience with real estate programs like the Foreclosure Academy. My opinions and recommendations are based on that experience and my seeing the Foreclosure Academy firsthand.

Now, when you’re digging into reviews for online income businesses, you’ll notice a lot of loud complaints. Why? Well, it’s human nature to shout louder when things go south. Just because someone had a bad experience doesn’t automatically make the course a scam.

So, how do you sift through the noise and decide? Here’s my method for picking a real estate program, like the Foreclosure Academy or any other business model:

1. Guru’s Real-World Experience: Does Carlton have actual experience running a foreclosure business? Real-world know-how matters.
2. Support System – Private Facebook Group or Coaching: Running a business isn’t all rainbows; having a support network, like a private Facebook group, is gold when things get tough.
3. Value for Your Buck – Videos, Assets, Templates, Bonuses: It’s not just about the price tag. Consider what you’re getting – videos, templates, bonuses – the whole package matters.
4. Transparency on Costs, Upsells, etc.: Are the program runners honest about ongoing costs or upsells? You want to know that what you’re paying for is comprehensive and won’t surprise you later.
5. Financial Success Stories in the Community: Look at the success stories in their private community. Public opinion is crucial, but view it through the lens I described earlier.

My Recommendation On Foreclosure Academy

Now that we know how to assess a program like Foreclosure Academy, let’s apply those criteria to Foreclosure Academy itself:

Let’s start with the positives.

Putting in focused effort and working diligently can likely lead to positive outcomes, possibly recovering your investment.

Securing the first deals may not be a walk in the park, but it’s at least achievable with the system provided by Foreclosure Academy.

The fact that Carlton has hands-on experience in running this business is a positive.

Now, the negatives:

Here are the top four reasons why I don’t recommend Foreclosure Academy or foreclosure business in general:

1. Legal Complexities: Dealing with foreclosures involves navigating a complex legal landscape. It can be difficult to understand foreclosures, property laws, and related regulations. Sometimes, you may need legal assistance.
2. Property Issues: Foreclosed properties might have problems like lack of maintenance, damage, or unclear ownership. Identifying and addressing these issues can be time-consuming and may involve additional costs.
3. Uncertain Profitability: While there is profit potential in the foreclosure business, success is not guaranteed. Entering the business can be uncertain. Market conditions, competition, and securing deals can vary.
4. Time-Intensive: Successfully closing foreclosure deals can be a time-intensive process. Individuals may spend a lot of time finding leads, negotiating deals, and dealing with legal matters before making money.

What’s Inside Foreclosure Academy?

Foreclosure Academy has 37 classes, divided into 4 courses, ready to turbocharge your knowledge.

Members Area

Get a 56-page guide and watch an intro video here.

Foreclosure Secrets Course

Let’s break down the modules of Foreclosure Academy where you will learn the top secrets of becoming a real estate investor.

• Module 1: Foreclosure Secrets
• Module 2: Lead Generation Secrets
• Module 3: Skip Tracing Secrets
• Module 4: Lead Outreach Secrets
• Module 5: Overage Paperwork & Attorney
• Module 6: Outsourcing Secrets
• Module 7: Auto Dialer Secrets
• Module 8: Business Setup Walkthrough

Fast Trackers can skip module 8. Their coaches and assistants have got this covered. Fast Track students’ lessons will end here.

Business Setup Walkthrough Part 2

Business Setup Walkthrough Part 2. This is the place where you can make your business dreams come true online. It has five powerful sections.

1. Installing Xampp
2. WordPress Installation and Setup
3. Installing Essential WordPress Plugins
4. Theme Customization
5. Moving WordPress from Local Server to Live Website

Foundations Of Overage Business Course

There are 18 lessons in this course:

1. Introduction and Q&A
2. Q&A
3. Tax Leads Outreach
4. CRM Insight
5. Role-Playing and Q&A Part 1
6. Role-Playing and Q&A Part 2
7. Role-Playing and Q&A Part 3
8. CRM Insight/Googling Lead
9. Role-Playing and Q&A Part 4
10. Another Q&A Session
11. CRM Contact Tab
12. CRM Skip Tracing
13. Skip Tracing Workshop
14. CRM Contact and Opportunities Tabs
15. Finding Leads on Realauction.com
16. Using Propsteram.com
17. Researching Court Dockets
18. Finding Additional Leads

Foreclosure Secrets Implementation Training Course

This course is not just about lessons. It will help you achieve your goals faster. It is packed with:

• Helpful Resources for Your Success
• Private Members Only Community
• Weekly Calls with Your Coach and Community
• The Final Four Sections:
• Emotional Resiliency | Weekly Leadership & Mindset Call
• Growth vs. Fixed Mindset | Weekly Leadership & Mindset Call
• Self-Discipline | Weekly Leadership & Mindset Call
• Unwavering Purpose | Weekly Leadership & Mindset Call

Conclusion – To Buy Or Not To Buy

No, I don’t recommend buying Foreclosure Academy.

If you are a smooth-talking guy who can sell ICE to Eskimos and remain calm under pressure, then, by all means, go for it.

Not you? Then you might consider Digital Leasing instead.

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

I have spent years researching, reviewing, and vetting dozens of business models and thousands of programs.

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, foreclosure business is not for the faint of heart.

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 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.

Foreclosure business is a full-time job (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: 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, 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.

This is on top of the course fee and any additional tools or resources recommended by Foreclosure Academy.

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 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 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. 

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 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 Fore 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.