Student Success Stories

Things are going slow but great. The property in Georgia we were able to get a tenant starting this month. We rented it for $900 per month. After all the expenses we cash flow $100 per month on this property.

I also found another great deal. On this deal I offered full price and my offer was accepted.  I will be closing on this property on the 26 of this month--4 bedrooms, 2 baths 1800 sq./ft, lot size 7000 sq/ft.  Price $53.9K. 

I have another property that is under contract. My offer was accepted back in September, but I have not able to close because is always something that comes up that delays the closing.  If everything goes fine, I will close this month--5 beds/3 baths, 3200 sq/ft. lot size, 17,000 sq/ft.  Price $73K.

Julio P.
Monticello, NY

These examples are not typical (click here for Typical user experience survey data). Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

I originally signed-up for classes to help supplement my income. However, less than a day after I signed up to become a Prosper student, my job was down-sized! Going from barely keeping out heads above water with a family of six to living off assistance wasn't quite what I had in mind for me and my family!  At first I focused a lot of time and energy into getting another job. I thought that getting a job would be a logical way to help fund my real estate investing. Now that sounds all nice on paper and all, providing you actually get a job.

Prosper has giving me hope during this otherwise dark time in my life. I knew I could not control the fact that I was fired. I knew I could not control the fact that I had not been hired (though I have put out a number of resumes to companies and headhunters).  What I did know was that I had an opportunity. Not a gimmick. Not a scheme, but an opportunity…an opportunity to learn from some of the brightest minds in real estate…an opportunity to have a mentor stand beside me as I spread out my wings…an opportunity to write my own future paychecks. No one can ever take this away from me!

My first Real Estate transaction was actually funding a project for another investor. I put up $18K for the deal and I'm looking to net $3600 in about a week. 20% interest for a two week loan? Only in real estate!

I also have another deal in the works where I am buying a property at $20K and with about $7500 worth of repairs, should be worth $60K!  I love the opportunity to write my own paycheck!!

My 8 year old daughter asked me just the other day, "Dad, are you ever going to get another job?" I told her, "I hope not! Daddy's don't need to have jobs to earn money." She replied, "You mean you are earning money when you are on the computer?" I said, "Yes." She replied, "Cool!"
 
Needless to say, I am relieved to see that I have replaced my income from my full time job with investing in real estate. My goal for March was to earn $1000/week in real estate. I am already close to target for that. My next immediate goal is to net earn $1500/week. However, I believe that is totally unrealistic. I should be averaging more than if I only do 1 or 2 deals per month!

I feel like the young, teenage boy who just got the keys to the parent’s new car! Not only do I know how to drive now, but oh won't the neighbors talk once we get this thing started!

My personal goal is to look for the deal where I can earn at least $10K every week for the rest of year. Hitting on this goal only once every other week would still make a quarter of a million dollars per year! Suppose I only hit once a month. That’s still over $100K! Not too bad when you think I used to find security in my $20K per year job!

I would like to thank my coach. I would also like to thank the entire Prosper team! What a wonderful product! Awesome education! Practical and applicable teaching from day one. Supurb!!

David R.
Alma, MI

These examples are not typical (click here for Typical user experience survey data). Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

I’m a single mother and own my waterfront condo in Vancouver, BC, Canada.  I am learning to leverage the equity in my property to build my real estate portfolio.  I’ve just closed on my first investment property, which is a 5-plex in Rochester NY.  Buying real estate can be a stressful experience, even if you are local and able to handle things personally; but when you have to build a team remotely from another country, it ups the ante significantly.  My real estate mentor was very encouraging throughout, however, and I’m clear on the fact that it never would have happened without his guidance.

I’ve learned how to easily assess properties for profitable investments and also discovered that there’s an abundance of opportunities out there.  I also learned how to build a strong team of people remotely that can assist me in locating, closing, and managing real estate properties.  I’ve experienced a clear shift in my thinking that totally changed my reality and expectations where I feel like I embraced the concept that abundance is totally achievable and only limited by my level of commitment and desire.  I feel that this shift is what is referred to as “The Millionaire Mind” and once changed I don’t think you are ever the same again.  I understand now how I can leverage the equity that I have in existing real estate to buy other investment property and build significant wealth for myself and my family.

There’s an abundance of information provided by Prosper on the website, weekly conference calls, access to mentors via phone, and of course, the weekly calls with your mentor are invaluable.  The weekly calls with your mentor can be more productive if you gather your questions before the call and set goals for the next week that you commit to completing before your next call.  Your progress is only limited by the time, effort, and commitment that you’re willing to invest in your future.  Thanks to Prosper I’m eagerly looking forward to adding the next real estate deal to build my portfolio.

Janice C.
Vancouver, BC, Canada

These examples are not typical (click here for Typical user experience survey data). Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

I decided to join Prosper because I started investing on my own.  After purchasing 5 properties, I wasn't able to get any more financing from any banks or institutions for a whole year.  I went from one bank to the other and wasn't getting any kind of funding for any of the properties that I wanted to purchase.  I kept wondering how come there are people that have 20, 50, 70, 100 and more properties?  There must be something that they know that I don't--that is how I got to Prosper and I am happy I did because right after I started my training I closed on three properties on the same day.  That was for me like "wow!  It really can happen!"  I acquired more properties and I continued applying the knowledge that I learned and got into real investing life and started working in land and purchased lot properties.  So within two years I more than doubled my assets and to me that is fantastic—its like a miracle!

Ester L.
Falls Church, VA

These examples are not typical (click here for Typical user experience survey data). Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

If it were not for Prosper and my coach, I never would have thought buying my first investment property would have ever happened.  I had been looking for some time for a commercial property and went through a few dozen different scenarios with my coach, until we came upon one that fit perfectly.

The negotiations went back and forth for a time, but ultimately my coach helped me do a no money down deal and was able to recapture funds for repairs and carrying cost for a couple of months.  Although I still have quite a bit of work to do in order to make this purchase a success story, I believe I am well on my way in this tough but rewarding field. I’d like to emphasize how high my intimidation factor was on my list of reasons of why not to go into Real Estate. However, with baby steps comes walking, then running. I’m not at the running stage yet, but having acquired my first commercial property with no money down I am well on my way.

Thanks Prosper,

Horatio G.
Poughkeepsie, NY

These examples are not typical (click here for Typical user experience survey data). Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

So far I have 4 homes, currently rented, that cost me $500 out of pocket each, (total of closing costs and down payment) and will flow about $125 each a month.  Pretty good rate of return on my down eh?

I’m working on more of these.  Wanted to get this to you so, perhaps, we could make this, or things like this a topic of our next discussion.

Jeffrey K.
San Marcos, CA

These examples are not typical (click here for Typical user experience survey data). Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

It has been a busy 3 months but the outcome has been great. I’m closing on two duplexes in the next couple of days. I'm buying them for $78,000 each and they are valued at almost $95,000! Not only is that $17,000 in equity I'm walking into, but they are currently leased with almost two years remaining on the leases. Each unit brings in $550 a month, so $2200 total. My positive cash flow will be about $700!

Michael T.
Cols, OH

These examples are not typical (click here for Typical user experience survey data). Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

Tracey and I are off to a great start! Tracey wanted this cute little house across from the new town park. It was on the market for over 3 months and was listed at $160,000.  Most of that time it was under contract and the people were trying to do a 1031 exchange.  Tracey was very determined to get this property and kept watching for any changes or signs of the contract falling through.  She had a hunch to call our Realtor to see what was going on with the sale.  Her timing was impeccable!  They had just released it back on the market and we scheduled to go see the inside of the house.  Tracey made an offer of $50,000 and the gentlemen accepted.  We remodeled the property and it appraised for $165,000.  We got a fixed mortgage that paid off the initial $50,000 for the remodel and then cashed out $40,000.  We still have $60,000 in equity.  We are going to rent it out and make a positive cash flow of $150 per month.

When we closed on the above property, Tracey decided that she would eventually want to buy the entire block.  The two houses to the north were in pretty bad shape, one of which was vacant.  I called the city and they gave me the number of the owner.  He was living out of state.  Looking at the comps, we knew the two houses would go for about $110K each when fixed up.  I called the owner and asked him if he would be interested in selling the two homes and he said yes.  I used Millen’s coaching and didn’t offer a price, but instead asked what he would be looking at to sell them.  He said he wanted $80K per house.  I then countered and said that we would like to pay $80K for both of them.  He said he would think about it.  I explained that it would take a lot of money and time and since he was out of town it might be more difficult to get them in "sellable" shape.  He came back and said that he didn’t want to haggle over price and said he would take $82K for both houses!  We of course agreed and went to our lender and we decided to buy one of the houses for the entire $82K and the owner quit claimed the other to us free and clear.  This saved us closing costs, because we closed on only one.  When the appraisal came back it appraised at $90K.  We put about $20K total into both of them and have $220K in property for only $102K. 

Tracey and I just bought the fourth house on the block and now have 4 properties in less than 1 year and have made close to $250K!  The best part of all is that we haven’t used any money out of our own pocket.  We have friends that were asking how we did it.  They said that they thought we must have had $500K set aside in savings.  The techniques that we learned have made it possible to make more money in months than most people do in an entire year.

Brett & Tracey B.
Eaton, CO

These examples are not typical (click here for Typical user experience survey data). Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

First off, well it's been confirmed, my financing was approved for the condo-townhouse. One broker gave us a rate of 5.89% closed for 5 years, however my girlfriend's friend who is a mortgage broker gave us 5.1%. He gave up his commission from Scotia Bank to apply it to us. The bank told him we had immaculate credit and versus putting 25% down, we need only put 10% and should buy a second property!!!! He's going to amortize over 30-40 yrs so that our mortgage payments remain the same. Monday I will have the exact figures. I then called my real estate agent and told her we wanted to buy a second unit in the same development. She suggested we diversify and wait a few days as she has other properties coming up this week for sale that are older but already rented and the cash flow is crazy. We could get a 2 bedroom townhouse for $140K, and rent is $1300. So, this said, looks like I'll be picking up a second (possibly 3rd) property this week! We are definitely signing the papers on Tuesday for the one new unit with the builder.

Life is Great! I'm so excited.

Caroline B.
Missisauga, ON, Canada

These examples are not typical (click here for Typical user experience survey data). Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.

One of our real estate contacts made us aware of a property which was coming out on the multi-list for the next day. We made an offer on the property with contingencies on inspection and loan approval to lock it down that night. We did get it locked down and gained control of the property for the offer of $115,000 which was the price of the house. The house was mostly remodeled and in need of repairs. After the inspection by our construction leader, we put the pencil to the deal using the short form. We used the short form to determine the offer amount based on our training on the short form. We looked at the fair market values of the houses in the area to determine the sales price of the property and priced the house for a quick sale at $145,000. After holding costs and estimated repair costs of $24,000 and profit of $20,000 we came up with an offer of $93,000. We found out the lender would take a short sell before we made the offer, so we decided to offer $90,000. We were countered at $92,000 and accepted the counter. Our next step was to find the financial resources using OPM. I found someone to front the money for the project for 50% of the net on the deal which is $10,000 for them and us. We have a closing date on 6/29. We will be assigning the contract to the financer so we have $0 dollars in the property. We are protecting our interest in the deal with a side agreement on the split of the proceeds. We have our construction crew ready to start the next day and will be out of the house in 2 weeks after construction is started. The team is working on having a buyer for the house before completion of the rehab. This is a win for the financer, for us, for the real estate team, financial broker, and the customer who will buy the house $10,000 below fair market value.

Clyde & Cynthia B.
Rodgers, AR

These examples are not typical (click here for Typical user experience survey data). Since any type of education has so many variables associated in defining success, it is impossible to accurately state what you may or may not expect to achieve other than a great education. Your success in applying the education you receive is dependent on a variety of factors including the time and effort you put into your studies, your willingness to take action and implement ideas based on what you learn, prevailing market conditions, target market selection, and the amount of hard work and effort you are willing to expend. Consequently, we do not and will not make any guarantee of success, income, or savings whether explicit or implied, and past customer testimonials are only examples of what could be obtained. There are risks associated with your decisions and this education, and past results do not represent any indication of future success or earnings. The typical student should not expect to make any amount of money from the education but should expect to receive a great education. Prosper customers agree to provide true and accurate information about their successes so we don't validate the accuracy of their claims. The written, audio and visual presentations displayed have been edited from their original versions. Some personal and private information has been removed in order to protect client and consultant privacy.