Fortune Builders Review (2023): Scam or Legit? | ScamRisk

Scam Risk is here to help you protect yourself and fight back
By: Scam Risk - Expert Reviewer

Fortune Builders is a premier real estate investing education company in San Diego, CA with fool-proof information systems, tools and training sessions for people who aspire to succeed as real estate investors. The program has also received an average 4.8 stars in Google Reviews from previous students.

Let’s see if it’s the real deal!

We’re going to review Fortune Builders to decide if it really is the best real estate investing course out there.

We’ll talk about whether real estate investing is the right online business for you.

At the end, I’ll answer some of the most frequently asked questions regarding Fortune Builders and real estate investing in general.

And, for the sake of full transparency…

This Fortune Builders review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.


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:

  • Flipping
  • Wholesaling
  • 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
  • Mortgages
  • 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 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.

Table of Contents

Who Started Fortune Builders?

In San Diego, California, it was created by real estate magnates Merill, Sopielnikow, and Esajian in 2006, and Inc. Magazine quickly named it as one of the nation’s fastest-growing companies. The three of them began their adventure as a group in 2004 when they created CT Homes, LLC. Based on their business’s timeline, they could flip their first property on that very same year also! The following year, JD arrived into the picture as he helped the group finish 100 property transactions by the end of 2005. Than Merill is among the most successful individuals in the area of real estate. He’s a sought-after public speaker that launched his speaking engagement career back in 2006 in front of the Real estate Investment Association (REIA). He’s likewise an Amazon best-selling author for his books “The Real Estate Wholesaling Bible” and “E-Myth Real estate Investor” that he co-wrote with Michael Gerber. Paul Esajian holds a degree in Economics coming from the University of California. He’s the CFO of three multimillion-dollar companies, which is Fortune Builders, CT Homes, & Grand Coast Capital Group. Like Merill, he, in addition, published a book entitled The Real Estate Rehab Investing Bible posted by Wiley Publishing. JD Esajian is the present of CT Homes, LLC, and he oversees all of the deals and rehabs for any business. Unlike Paul & Than, he doesn’t have his book, though he’s frequently associated with the Fortune Builders’ charitable efforts. Konrad Sopielnikow is an alumnus of Yale University and is the man behind the science, innovation, and legal methods for CT Homes & Fortune Builders. His expertise in technology and business systems enabled him to grow the company’s online presence. Apart from the founders, Fortune Builders also offers an extensive checklist (more than 25!) of coaches and experts with specialized experience.

What Is Fortune Builders?

In simple terms, Fortune Builders seeks to teach aspiring real estate investors the way to approach and constantly earn from their time-tested systems. It’s regarded as the perfect educational course for folks of all levels as you are going to get real info from professional real estate investors themselves.

I do not know about you, but for me personally, a seasoned coach is still better compared to others who just rely on textbook knowledge. Yeah sure, an excellent book goes quite a distance, but a wonderful coach is able to take you further. The Fortune Builders features quite a huge online community. What I like the most about the business, however, is, it has a ton of positive reviews from actual attendees.

Fortune Builders' Training Courses

Three things are offered by the company: a Mastery Coaching course, property investing events, and materials for real estate investing classes.

Before you become a mastery student, you’ll be tasked to complete a form on their site to reserve an interview schedule. After the interview, they will show you where to start your journey in real estate.

But please do note that based on their recommendation, the course fee might be anywhere between $35,000 and $40,000!

The Mastery Coaching program is the all-in-one bundle that includes one-on-one mentoring and assistance, the weekly live coaching sessions, program materials, and access to live boot camps and events.

The real estate functions are available in various titles like Rehabbing Bootcamp, Acquisitions and Wholesaling Bootcamp, REO & Shortsale Bootcamp, and the 3-Day Real Estate Workshop. All of these are only reserved for registered coaching students. 

Finally, they include the course materials or what they call the “blueprints” for using the finest investing strategy. You will find four courses to choose from:

  • Marketing for deals (priced at $1,197.00)
  • Maximizing and rehabbing profits (priced at $1,197.00)
  • Wholesaling for fast cash (priced at $1,197.00)
  • Tax liens and tax deeds (priced at 397.00)

How Does Fortune Builders Work?

Among the downsides, I believe, it is tough to find specific detailed descriptions on the Fortune Builders site concerning the kind of training and program content they provide. I did, nonetheless, do several outside explorations at my end, so I am going to talk about what I found:

3-Day Workshop

Based on the member’s location and who’s performing the teaching, the 3-Day Workshop varies. The prices also vary based on the same couple of elements, and this particular variation is significant. I have discovered that these workshops are essentially for the people already working for this specific industry. The workshops are held every weekend. For the novices, these workshops do not guarantee anything since they do not provide anything beyond basic instruction. The training only has some ideas to help already established companies.


Additionally, they do not offer the level of education you’re probably looking for. A common seminar lasts only a few hours and addresses complex issues.

Online Course

You do not have to leave your house if you choose an online course. These classes provide teachings about taxation, wholesale, deeds, etc. The payment differs in accordance with the level of the program, but there are several lessons here that are much more suitable for beginners/those thinking about getting started.

Mastery Program

This is what they call the gemstone! The system features one-on-one coaching. It cannot get much better than this. This system allows you to begin right from zero and helps you establish your business and guides you throughout your business operations. The program content is tailored as per the student’s needs—but as you expect, it has quite a hefty price tag. 

How Much Does The Fortune Builders Course Cost?

As I briefly mentioned previously, the cost depends on the selection of your location, course level, and course type. Strangely, the site does not disclose the cost, and there’s no infographic on plans (which is when you start assuming the price is gonna be really high).

Based on my research, a number of students have paid something between $200 and $300 for the 3-Day Workshop. The Mastery Program will cost you the highest—and will probably range from whopping $10,000 to $30,000. The online courses can also be priced on identical lines. These courses ask the students to pay $2,000 to $5,000. I obviously cannot guarantee whether these prices are correct, but it’s the best I can do to give an idea of what to expect.

The quality of the courses is believed to be good enough, but not excellent. Individuals that state they have been to these classes talk favorably about the training they got. Looking at the costs, it appears like the company’s staff are receiving a handsome share. The issue is, why does the Fortune Builders website not reflect the costs and packages? What stops them from becoming transparent?

In general, you begin smelling something fishy when everything is unexpectedly hidden—specifically the cost. I mean, if a web-based shop is attempting to promote software or another product, nobody will buy until the cost is determined. This is something quite unusual, and I can think of no reason that might justify this particular strategy.

Is Fortune Builders A Scam?

Is Fortune Builders A Scam

So, is Fortune Builders a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Than Merrill 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

TESTIMONIAL - Saying Goodbye To Our Jobs

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 make money with Fortune Builders, but you also have to spend a huge cost to get started with them.

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.

The program that helped skyrocket my online business to $40,000+ per month teaches some of the same real estate investing skills, but shows you how to monetize them in a much, MUCH more profitable way.

Is Fortune Builders Legit?

Yes. Fortune Builders is legit.

It is entirely possible to build a profitable, successful real estate investing business… But there are better ways to build a business other than with real estate investing.

But, when it comes to building a business, you have plenty of options.

And even if you’re dead set on becoming a real estate investor, you’ve got way better options than Fortune Builders.

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.

What Is Our Top Recommendation For Making Money Online?

money making in digital real state

The ScamRisk 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:

Digital Real Estate 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 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.

Share This Article:
We will be happy to hear your thoughts

Leave a reply

Things We Liked:
Things We Didn't Like:
ScamRisk's #1 Online
Business Recommendation:
You know deep down what you're meant for. Now they will show you how to go get it.
Scam Risk

Be first in line to read all the new Scam Risk Reports as they're published!

Select the categories that interest you the most

We don't share your information with any 3rd parties and we will never spam you.