Student Success Stories

I just closed on a house in Indianapolis. It needs some cosmetic repairs - to do those AND finish the basement, we're estimating about $20,000. A lot less if I don't finish the basement. So, here's the best part... I bought the house for $20,001 - seller paid half the closing costs. ARV is $65,000. Rental averages for similar properties in the area are $825! No matter what I do with this house, I am making out very well!

Thanks so much for all of your help.

Megan B.
St. Cloud, FL

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.

After my 8th offer, my real estate agent sent me a foreclosed home that was on the market for $114,900.  After analyzing this property using comparables supplied by my agent, I determined that the resale value of this property is approximately $144,000.  Before making a offer, I received an estimate from a general contractor to do the repairs for $9,000.  Therefore, my max allowable and still net $10,000 was $110,583.  My initial offer was $95,000 and the bank countered with the original $114,900.  My next offer was $103,000 and the bank countered with $112,500.  I countered with $107,500 and the bank countered with $109,960.  We settled on the $109,960 price.  Additionally, the bank offered to pay up to $4,000 of the closing cost.  I worked with a traditional lender (80/20 loan) to get 100% financing and I also opened a home equity line of credit using the equity in my primary residence to fund the repair expenses.  Since signing the contract and closing on the house, 2 comparable homes have sold in the same area for $160,000 and $167,000.

Darryl W.
Hiram, GA

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.

After looking at lots of houses over a couple of months I finally found the property that I knew was it. It was a nice home from the 50's that had been on the market for almost a year and the seller was asking $127,000 but it needed lots of upgrades. I was also told that the sellers were highly motivated which was what my coach had told me to look for when going for the deal. The first offer I made was for $100,000. My Realtor and everyone in her office kept saying that the offer was too low and that the seller wouldn't even consider it and that I needed to make it higher or I was going to lose the deal. I said NO and that this was my offer and that they needed to present it. Under much protest they presented it and the seller came back with a counter offer of $107,000 ($20,000 less than the asking). I countered with a final offer of $104,000 and they accepted. My real estate agent was amazed. They just couldn't believe that my offer had been accepted that low. I completed the deal in September. I've spent approximately $10-12,000 to replaced the shingles on the roof, replaced the furnace, replaced the windows, painted all the rooms, pulled carpets to expose the beautiful hardwood floors, re-carpeted the basement, and enclosed the laundry room. Right now I'm in the midst of closing a lease-to-buy deal on the house with a couple who have agreed to $135,000 for the home. I am also working on developing 3 lots I have owned for quite some time in Challis, ID. I couldn't have done any of this without the knowledge that I got from Prosper and my coach. Thank you so much.

Janelle P.
American Falls, ID

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.

The property...is a four unit building of approximately 3200sq.ft. It was originally listed at $805K. They had been in contract I believe twice and had the buyers pull out for various reasons. They relisted it at $775K. We offered (myself along with Kale's help) $750K with a 21 day close and the only contingency being upon inspection. In hindsight I wish we would have had a finance contingency being as how we are now cutting it close. Kale offered to put up a deposit to make our offer sound better. It consisted of $8K up front and then an additional $12K two weeks later. All of this would be paid back with the 3% due back at signing from the sellers.

They counter offered at $755K and agreed to the 3% back. We accepted the counter. They then claimed to have a last minute offer come in the door from another seller (of course, let the roller coaster continue). They then came back and asked us for $756,650. I got mad at this point that they were nickel and diming and stayed firm with the $755K offer, take it or leave it! The agents agreed to credit $2K each back to the seller and we all agreed on the $755K from me...
 
Jessica D.
Oakland, 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.

I looked at fifteen houses, made three offers and had one offer accepted at a wholesale price. Most of the properties that I found were through my real estate agent, but I found the last one online using Craig’s list. The three-family house was listed on Craig’s list by a real estate agent. The listing was very detailed and had several pictures on it. Based on the information on the listing, I decided to give the real estate agent a call. He quickly returned my call and I was able to view the property within a few days. After seeing the property and analyzing its Fair Market Value (FMV) using the tools I learned from my coaching sessions, I was ready to make an offer. I identified my base price ($125K) and my max. offer price ($140K) so I met up with the seller's real estate agent and made an initial offer of $125K plus the seller would provide $2,500 as a decorating allowance and $1,000 to pay for a one year warrantee on all three units (asking price $155K and projected FMV 175K). I received a counter-offer the next day for $141K. I made a second offer for $137K, but in addition to what we already agreed to I asked for an additional $2,000 from the seller to pay for closing cost. The seller made a second counter for $137,500 and agreed to all my other terms. I accepted the counter and after all of the negotiating I ended up netting a $132K contract for the house which was 8K below my max offer. My next step was to lock down financing. I called at least 10 banks and mortgage companies to see if I qualified for 100% financing. I could not find anyone in the industry that was offering 100% financing so I went with the next best things which was a FHA loan with 3% down. Since my goal was not to bring any money with me to closing, I negotiated with the seller to add the 3% to the sales price and agree to an additional 3% seller concession. I had an inspection done and overall the property did very well, but there were a few things that did not pass inspection so the seller agreed to fix them before closing. I found a home insurance policy and the appraisal came back positive so we were ready for closing. I did not bring any money with me to closing and I ended up bringing home a check for a little over 4K. I bought this house with two out of the three apartments rented and I plan to live in the third apartment.  This is my third property and I have bought the last two within the last 6 months. I am planning to buy my next property over the summer.

Thank you again for all your support.

Adrianne M.
Cincinnati, 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.

My wife and I tried our hands on real estate last year. On our own, we ended completely lost, desperate and with a $400 negative cash flow. We are turning things around this year with the help of Prosper and our coach. With the knowledge, skills and confidence that we acquired from our coach, we purchased this property with a small down payment using seller financing. We can’t wait to find our next deal!

Edison H.
Yorkville, IL

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.

We found a triplex in Port Colborne, askingprice $49.8K.  It was described as in need of finishing of the upper 3 bedroom appartment.  At the showing we saw that the whole upstairs was almost empty with bare, see-through walls.  We asked a contractor to look at it and he estimated we needed $60K to fix it up and make the place a fourplex. 

We offered $35K on June 15.  After some offers back, we got $41K accepted on June 21.  We got a 1st mortgage for $30K approximately from the National Bank and a second from a private lender.  In total, we got 100% financing.

In the time we closed, one of the tenants moved out and we still have to find somebody else.  We have payments of $253.44 per month for the first mortgage and $175 for the second.  Rents are $500 including bills and $560 including bills (this is the vacant one).  So the cashflow at the moment is not too high but there is potential for the future.

Then we found 2 small houses.  The power of sale.  Both vacant.  One 3 bedroom and a 2 bedroom.  The 3 bedroom is nice and ready for occupancy, the 2 bedroom is small and needs some work or we can rent it out cheap to somebody who doesn't care too much about that. 

The askingprice was 70,000.  We started offering 35,000 and after some negotiating back and forth we got them for 45,000.  We financed these privately through Barry Mills again for 100 %.  We can rent them out for $580 and $380 probably. (We still have to find renters but I think we have two interested).

In between we've got a few other offers on a triplex in Fort Erie and a house in Kinnearstreet accepted but we rejected them later after further inspection.

We are waiting for a third mortgage on 300 King street , Welland, and then this one will close too. This is a 21 plex (small appartments, it is a former hotel) with a bar and a restaurant on the mainfloor (was a nightclub). We offered $230,000 ,this was the askingprice. Barry Mills had the whole financing almost in place for us before we even knew about this.  We have to fill a few more rooms and the two downstairs bar and restaurant but then there will be a very good cashflow here.

Barry is also working on a commercial building what will be renovated into a 21plex , for us.  The address is downtown St. Catherines and there is another building we are interested in in St. Catherines what will be a 8-plex.

In the mean time our Niagara-on-the-Lake property is getting really nice with new roof, windows, bathroom, kitchen etc.

André & Angelieke V.
Vineland, 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.

Wow, well my husband Paul, and I have learned so much since starting on this program. Our coach has taught us both a lot. We live in Australia and since commencing the program we have traveled to the United States and spent one month in Fort Worth. While there we familiarized ourselves with the area and put together our success team. We left home for Australia with one property under contract and another has just been accepted. We plan to continue acquiring property in the U.S, from Australia which will be made possible with the help of our success team.

During the program we have learned many different ways to source properties, how to properly analyze a property and how to effectively network and how to get the best from our success team. Our coach's experience and expertise we have found invaluable and has provided us with many new ways of sourcing contacts from various professions. We have learned so much, I don't think I could remember everything, but there has been a lot! The manuals and on line resources combined with regular, personalized coaching. We feel that one-on-one coaching is fantastic as you can ask questions and get honest, to the point answers, and anything that can't be answered immediately our coach finds the answer for us before our next session. Your system is great!

Angela G. & Paul B.
Kawana Island, Queensland, Australia

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.

The 2 point lots on the golf course are listed for $30K each; I offered $20K each (gross) and the offer was accepted!!  I signed the purchase/sale agreement yesterday.  How about that!?  I got comparatives from my agent on these lots and the last lot sold in this sub division was sold for $60K and they are now appraised at $75K!

I'm not done yet! The other property located in Fortune Point that's listed for $45K, I offered $35K (net). (These lots are now going for anywhere between $75K and $100K!)  I also signed a purchase /sale agreement for this lot. 

Do the math....these two deals will net me a gain of $175K!  I have my eye on a few other deals, I will discuss them with you in our next meeting.

Prudence M.
Ft. Lauderdale, FL

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.

My coach has assisted in my learning experience in Real Estate. He helped me build my team (real estate agents, lender, etc), encouraged me to attend club meetings, and understand properties from the investment point of view. I feel that our weekly discussions have been productive.

I chose an agent who helped me analyze investment properties and develop offers. The lender has been positive and creative through re-financing and getting my most recent loan approved. I’m in the process of purchasing waterfront property that is a great value and investment. We are scheduled to close on March 21st and will then begin the process of selling our current beach house. I truly believe that both of these transactions will be profitable for me.

I appreciate the advice and guidance. I will continue to invest, as I have another offer submitted on a foreclosure property that is being reviewed by the bank. If this transaction is approved and accepted, the property will be a total rehab that I will use as a rental.

Mike & Margaret J.
Kent, WA

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.