FlipSystemFlipSystem teaches clients how to begin achieving financial freedom with real estate, using their trusted network, software, and support teams.
FlipSystem (flipsystem.com) has 160 customer reviews on Five Star Index, with an average rating of 4.4 out of 5.
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160 approved reviews, newest moderated first
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This is a great system! Has helped me alot
Response from FlipSystemSep 19, 2024
Thank you for the fantastic feedback! We're so glad to hear that the system has been a great help to you. Your success is our priority, and we're excited to continue providing value for your endeavors!
Madhuri G.
I joined Flipsystem (FS) about a year ago for the following reasons: 1. I had invested in out of state RE in the Midwest before. buy & holds in OH that we ran into several issues with, incompetent PMs and lot of repairs required leading to losses and instability. 2. I wanted it to be passive since I have a full time job in tech and cannot do what "boots on the ground can". 3. I wanted to avoid shady characters and losses while trying to build a rental portfolio that was rehabbed to a good standard and didn't have much maintenance issues. 4. Networking with other OOS investors and shared knowledge and experience. FS seemed to have all the answers so I bit the bullet and paid 15k to get it going. ( I know, but hindsight is 20/20). Before signing up, i asked if I could talk to a FS student to so they referred me to a woman who had good things to say. She turned out to be Antonie's girlfriend. This is really shady business and I do not appreciate the lack of full disclosure on this very apparent conflict of interest. This is a tale of caution for anyone who gets their marketing on social media and is considering signing up. Know what to expect going into it. IMO, there are better and cheaper ways to do it. When i signed up, I couldn't find any reviews on BP and I hope this helps people make the right choice. 1. they make it sound like they do a lot more work than they actually do. They said Max 3-4 hrs of work a week. But it takes a lot more than that. 2. They charge $1000 if you buy one of their pre selected properties. There is no guarantee that the numbers will pencil out in real life so that is on you. These properties are on the MLS most of the time. but to be fair, it is not required for you to buy their advertised properties. 3. Their "teams on the ground" are supposed to be vetted. They are not. They are just partnerships with local teams and the true beneficiaries here are FS and the teams at your expense. They don't guarantee their performance and your money is lost if they flee with it. 4. They charge 15K for their 1 year support - a. the reality of this support : yes, they will respond to your questions but only if they are to understand how things work - like a real estate 101 class. The advice is very basic. There is no 1:1 troubleshooting that is really specific to your concerns. b. They used to have a Discord community which they closed down in favor of a heavily moderated chat feature. This is heavily moderated. No posts that display dissatisfaction will make it onto the chat. c. They conduct weekly meetings and most of the content is rinse-repeat. Again heavily moderated. No room for feedback or disapproval. d. They want to have tight control of which team is introduced to work with and do not allow sharing of info among members. There is no networking avenue and people cannot really have an honest discussion or provide feedback. f. Contacts for Hard money lenders, title company etc - this is really not a big thing . Quick google search is all you need. They charge $197 for a monthly subscription to a deal analyzer. It is just a calculator. Ridiculous to have to pay for this. Another way they are making money: Offering to market our properties to their mailing list of turnkey buyers. Another $1k down the drain. They would not share info or stats on how many successful sales have happened in the market via their website. But i was desperate to sell and get my money back so I paid and it turned out just as I expected. Little to no interest. We don't know how many people it was marketed to. what are the actual sales figures. All in all, the Martels are making a lot of money first timers who don't know any better. Some good investor focussed realtors will give you all those intros and more for free. I wish I didn't do it. Personal referrals are the way to go IMO.
Response from FlipSystemSep 19, 2024
Dear Madhuri, At FlipSystem, we pride ourselves on offering a comprehensive real estate investment program designed to help our clients make informed, profitable decisions. From the moment you join, we provide expert guidance and market insights tailored to your investment goals. We know that navigating this space can be challenging, which is why we equip you with proven strategies and local teams to minimize risk and maximize success. In your case, we offered several market options and recommendations based on your preferences and long-term goals. While your decision to choose a different market and team than the one recommended was entirely up to you, our role is always to advise and support—ensuring you have all the tools necessary to make the best decisions possible. Many of our clients have seen excellent results by closely following our tailored guidance and working alongside the vetted teams we recommend. We’d like to highlight that you successfully refinanced a deal in Detroit that is now cash-flowing, and you’re actively working on another property. This demonstrates the progress you're making in building your portfolio and achieving positive outcomes through your involvement with FlipSystem. One of the unique benefits of FlipSystem is our strong network of local teams, carefully selected based on their expertise and track record. While no investment is without risk, the value of partnering with professionals who understand the market cannot be overstated. It’s this commitment to quality partnerships that has allowed so many of our clients to achieve success. Additionally, we’ve made significant updates to our program, including eliminating the $1,000 acquisition fee, to ensure a more seamless experience for our clients. Transparency and value are at the heart of everything we do, and this adjustment reflects our continued dedication to serving your best interests. We also want to clarify that our platforms are designed to foster positive, solution-focused discussions. We welcome constructive feedback and take pride in maintaining a community that helps our investors thrive. We stand by our commitment to transparency and support for all our clients, and we are more than happy to help wherever we possibly can as a business. Sincerely, FlipSystem Team
Kennan
It was a very professional and great learning experience
Response from FlipSystemSep 19, 2024
Thank you for sharing your experience! We're delighted to know that you found it both professional and educational. It's always our aim to provide a valuable and enriching experience for our clients!
Shantay B.
Prompt responses and problem solving. I reached out with a portal issue and it was resolved in a timely manner.
Response from FlipSystemSep 19, 2024
Thank you for your feedback! We're happy to hear that our team was able to resolve your portal issue promptly. Providing timely solutions and great support is something we strive for every day!
whoscott
Absolutely terrible. Make sure to do the research first. This is nothing that a qualified local licensed real estate professional could not help you with and much less of a fee. I had to not only get an attorney to write letters for FRAUD but States Attorney Generals had to be notified and complaints filed. Luckily I was protected with my credit card during a dispute for a refund however this company is scam. BUYER BEWARE!
Response from FlipSystemAug 13, 2024
Hello, Scott We take all of the feedback we receive seriously and always aim to find a resolution. We have a very generous refund policy that is outlined in our agreements with specific requirements that would need to be met in order to receive a full refund. When you originally requested a refund, you did not meet that criteria, but we offered you solutions to move you to a new team/market to assist you in acquiring your first property in addition to waiving any fees due for 2 months to help kickstart you in a new market as we know it takes time and effort to make enough offers to get one accepted. We are clear from the beginning that this business is a numbers game and you need to make multiple offers in order to have success in the program and that shows from other clients having success in the same markets. Our records show that not much activity has taken place since this resolution and another request was made for a refund. At that point, you decided to hire legal counsel, in which we were left with no choice, but to have the lawyers work out a solution between the two parties. We hope for an amicable resolution and are here to help wherever possible.
lee P.
Antione and team are great!
Ezequiel G.
Flipsysyem has tailored the experience to make it valuable for the students. It has really helped me to accelerate the journey to acquire my first property and build my knowledge.
Adam K.
As one of their teams here on the ground in St. Louis, I can tell you that my experience with FlipSystem clients has been nothing but amazing. Everyone comes to us knowledgeable and ready to invest and hit the ground running. I've worked with Antoine and the Martel family for years now, and they've always worked with the utmost professionalism and they understand real estate investing at this level better than anyone else we know. If you are looking to learn how to invest in markets that have consistent deal flow, FlipSystem is the way to go!