prosper-inc’s posterous



November 18, 2008

REAL ESTATE STUDENTS GET A NICE CASH FLOW ON A GREAT DEAL | Prosper Inc

REAL ESTATE STUDENTS GET A NICE CASH FLOW ON A GREAT DEAL | Success Prosper Inc

I knew of a gentlemen that needed a place to live and his credit was not the best and he didn’t have a big down payment; I also knew of a couple that wanted to sell a manufactured home and I was able to purchase their home for $9,000; I took the money out of my HELOC.  From there I offered the buyer the home at $17,000.  

I carried the note and I charged him 14%; this made my cash flow $197/month.  Recently, he has decided to get married and this home is too small for him, so he is trying to sell it.  Yesterday, a young couple came in.  They needed a place to live and he sold it to them (or I sold it for him) for $20,000 and again I am going to carry the note.  I gave them the same interest rate, but I gave them 15 years.  So, their payment is just a little higher than what his was, so my cash flow is right around the same…we still have a really good cash flow.  So that is actually two deals with the same property and we still have a really good cash flow.  Without the assistance of our great coach who helped us get through this and gave us the confidence to move forward, it just probably wouldn't have happened.

Ralph & Melody L.
Surprise, AZ

Loading mentions Retweet

Comments [0]

November 17, 2008

We thought Prosper Inc might like to share in some great news

OUR DECISION TO JOIN PROSPER INC WILL PAY GREAT DIVIDENDS LONG TERM, Prosper Inc

We thought Prosper Inc might like to share in some great news - something that clearly would not have happened without your input, encouragement, and patience (after 3 months of coaching I'm sure you must have wondered at times if we would ever get started and do something!).  Well, we're on a roll, and with the goal to purchase 5 properties by June 2008, we are now well on the way.

Two of our offers have been accepted and our new property investment group is now the owner of two homes in Grantville.  As you know, this area has gone up 20% in the last 12 months and while it is expected to go up 35.7% in the next 12 months, for our figures, we have only worked on 30% in the next 18 months. 

Third, and if that wasn't enough, yesterday we took your advice to look in Melbourne's Wild West.  We now know the two suburbs we want to purchase our next property in--but more on that in our coaching session on Friday. 

In case you hadn't notice, we are EXCITED!!  I asked you a week or two back, how many of your students succeed?  Your answer along the lines of 98% of those who put in the work really stuck in my mind.  We put in the work (not as much as we thought we would have to) and we started to believe we could achieve what we set out to do.  You were there encouraging us and providing options, lots of options.

A genuine, huge, thank you to you personally for all your input so far.  We look forward to our next session on the "when, where, and how" of our next three properties!  A big thank you to the team behind you at Prosper Learning. We appreciate that a major part of freeing you up to what you do well, is to have the right backup and support. Please pass on our appreciation to all those behind the scenes who have helped us, whether they know us or not. We chose your U.S.-based property investment program over a cheaper local one, mainly because we see long term we will be investing in countries beyond our shores, such as in the U.S.  We are very happy with the decision we made and know it will pay great dividends long term. 

Helen & Howard M.
Cowes, Victoria, Australia

Loading mentions Retweet

Comments [0]

November 17, 2008

$50K PROFIT WITH NO OUT OF POCKET EXPENSES

Prosper Inc, Prosper Inc student - $50K PROFIT WITH NO OUT OF POCKET EXPENSES

First I want to thank Prosper Inc and my coach for being completely knowledgeable in teaching me the foundations that made this transaction possible.  I found a foreclosure going to auction within a period of 1 month.  The property was quit claimed to the son to take over possession of the home, to turn around and sell giving the profits to his 3 siblings.  It was put up for sale but in its poor condition, it didn’t sell.

During this time one family member put a lien on the property to justify that once the house sold, the siblings would get their share which amounted to $40,000 each totaling $120,000.

We were able to negotiate the $40,000 down to $20,000 for each sibling and the remaining loan on the property was $95,000. The amount owing was $175,000.  We then found an investor who bought the property for $275,000, put up 10% down and got the down back upon closing + $10,000 bonus for going on title which also came out of the equity.  The net was around $100,000 giving enough to rehab the house and put money in our pocket.  Rehab was $15,000 and together with the $275,000 makes the amount owed on the property $290,000.  The property will be sold for $350,000 making an additional profit of $50,000 with actually no out of pocket expenses.

The transaction went very well and now onto our next venture.  Again, I am indebted to Prosper Inc for making available the knowledge to be able to do this transaction and for walking me through all the different possibilities.  I was in very good hands and appreciate being a part of Prosper Learning.

TN
Long Beach, CA
Prosper Inc Success Story, Prosper Inc

Loading mentions Retweet

Comments [0]

November 17, 2008

PROSPER INC, Prosper Inc. STUDENT WILL MAKE $45,000 PROFIT ON HIS FIRST DEAL

PROSPER INC, Prosper Inc STUDENT WILL MAKE $45,000 PROFIT ON HIS FIRST DEAL

My main focus as of late has been flipping properties.  My first property was purchased for $177K.  We had to do traditional financing which took some time, but it all worked out well.  This first property is almost ready to be listed.  We have gutted the whole house and are just waiting for the new carpet to arrive.  The last step will be to have the landscapers give the exterior some much needed curb appeal.  I have been talking with Realtors that know the area about what they think it will be worth when completed.  Their ideas are right in line with mine.  I am going to list it for $269K.  I think we will be satisfied as long as we get $255K.  The market is hot and, since we bought the property, the value has gone up $20K from what we thought we could get originally.  So with all of the costs aside (fix ups, Realtor fees, taxes, etc.) we look to take home at least $45K on this one!  Not bad for a first try.

We are closing on our second property tomorrow at 1 p.m.  The purchase price is $240K and I have found a private money lender that will lend us the money for 4 points with no interest and no payments.  This will be a few thousand more than going traditional, but it has allowed us to close quickly, and it won't be on our credit.  This house is in the middle of Holladay, which is such a desirable area right now.  We plan to have this one done by the end of the year, and ready for sale by January.  This area is so hot that offers continued to come in well after the contract was accepted.  We have already had interested buyers trying to get our contact information form the seller's agent to find out when the property will be renovated and how much will it be.  That's always a good sign.  The thing I learned from this deal is to always be ready to write an offer.  You have to look for good deals ever day because they are all around you.  Anyway, this one looks to be another $40K-$50K deal when it's all said and done.  The goal is to just keep them coming.  We plan to do at least 6 of these through the next calendar year.  It is exciting to see the progress that is being made.  I'll let you know what we end up getting form the sale of our first property.  Thanks for the help and instruction.

Andrew K.
South Jordan, UT

Loading mentions Retweet

Comments [0]

November 13, 2008

MY PROSPER INC COACH HELPED ME CONVERT MY IDEAS INTO CASH

MY Prosper Inc COACH HELPED ME CONVERT MY IDEAS INTO CASH

I'm a radio and T.V. personality in Jacksonville, FL…I’ve been on the internet for several years…Recently, I’ve learned I needed to do something else to earn some income off the air because radio and media are pretty volatile…I started looking for ways to create my own online business and that is when I came across Prosper.  Prosper Inc has been very good, I’ve thoroughly enjoyed it.  Working with Prosper forced me to sit down and create some ideas…that I wanted to pursue and then make a plan to turn it from an idea in my head, to an actual company on the internet, to actual cash in my pocket.

SUCCESS UPDATE

In the first 45 days since my site has been active I have pulled in around $1500.00 in cash and merchandise. The folks at Prosper have helped me find ways to make money online that I never knew existed. They have helped me optimized my website and videos and create awesome search engine results. They have taught me how to get exposure from every corner of the Internet, and most importantly, they have shown me step-by-step how-to draw traffic to my website and convert that traffic into sales.

I make money every single day. Through a combination of affiliate marketing and direct sales, Prosper has helped me turn my blog into a legitimate ecommerce business that is growing minute by minute and click by click.

Mark “The Endorser” Kaye
Jacksonville, FL
www.markkaye.com

Loading mentions Retweet

Comments [0]

November 12, 2008

INTERNET BUSINESS TAKES OFF

INTERNET BUSINESS TAKES OFF

My background is primarily real estate and construction.  I started this business a few years ago with the idea of selling decorative concrete products to home owners, small to midsize commercial contractors, or property managers…who had smaller projects that contractors typically wouldn’t take on…clients who had no resources.  So, I formulated www.decorativeconcretekits.com to bring it under one roof.

The website just recently went live…I started about one year ago, had the right ideas, I hooked up with Prosper Inc last July…and I went about redesigning it.  I added some new vendors and in a pretty short period of time we are getting really great traffic.  We’re probably about 75 unique visitors a day right now after about two weeks.  We just had 120 yesterday.

SUCCESS UPDATE

I’ve been working the blog hard, less on articles but at least 2 ezine articles per week. Submitted to close to 200 directories, accepted by 20.  Gross sales since web site went up is $21,000 net about $8,000.00. Total sales 23 $900.00 per sale.

I’ve completed 50 blog posts. Each I work in a few keyword phrases. Traffic on my website is 120-175 per day for the past month. Most interest is from Texas, California, New Jersey, Connecticut, New York, Massachusetts. Florida.

In recent days I’m seeing 20% of traffic on site for more than 5 minutes up from about 12%. I’m also seeing a change from about 65% leaving in first 30 seconds down to 55% recently.  Everyone who buys a kit is thrilled with the results. I don’t understand why I’m not selling 1 per day.  So currently I’m averaging $2,000 per week in sales, I need to get to $8,000 per week to start making any money. After expenses that will get me to about $3,000 per week in profit, which will enable me to pay myself a salary and have some operating capital in the bank. It is all thanks to Prosper Inc

Ed W.
Wilton, CT
www.decorativeconcretekits.com

Loading mentions Retweet

Comments [0]

November 10, 2008

I AM GRATEFUL TO HAVE Prosper Inc IN MY CIRCLE OF FRIENDS AND FAMILY

I AM GRATEFUL TO HAVE YOU IN MY CIRCLE OF FRIENDS AND FAMILY

I am so excited to appear for three full hours on live radio tomorrow from 9:00 a.m. until 12:00 noon.  I will be sharing great empowering truths, bringing inspirations, and answering questions for the audience.  The radio station is in Providence, R.I., and is simulcast on the world wide web.  I have aligned some of my outreach program of service through the platform of radio, both live and internet radio.

Watch for my updates because beginning in July I will also appear on other radio stations and internet radio regularly; You will be able to hear me live on the internet through.  Also, you can see me listed on the host website.  I am finally realizing some of my dream of serving and helping others realize their greatness and experience their potentials.  I am grateful to have Prosper Inc in my circle of friends and family.

Ping L.
Belle Mead, NJ

Loading mentions Retweet

Comments [0]

November 7, 2008

10,000 EXPRESSIONS OF GRATITUDE TO PROSPER INC

10,000 EXPRESSIONS OF GRATITUDE

Please know that a simple "THANK YOU" contains 10,000 expressions of gratitude for the past 12 weeks of being coached by you. You have a powerful, engaging style that literally opened our minds to possibilities we knew existed yet had neither the experience nor the knowledge to get us to where we wanted to be. Thanks to the Prosper Inc one on one coaching, we are limitless as to what we can accomplish.

You also helped us to think BIG and to develop a sense of confidence within to bring our success to the forefront. Admittedly, the coaching sessions were overwhelming at times and you were always available to get us back on track and focused.

We now think at a different level - that of creative marketers and it's so much easier to see the whole picture at a moment's notice and from there, determine the steps required to take a customer from the famous Point A to Point B!!

We had never thought in terms of front end/back end, leveraging opportunities using a system, creating products that fit between Point A and Point B, building an affiliate referral system on the back end, building a database as an additional source of revenue…to sum it up – you gave us the gift of learning about, building and implementing both the micro and the macro.

In short, we know we are on our way to building the multi-million dollar business we've always known we've had the potential to do. You were greatly instrumental in teaching us the tools to realize our dream.

Success to you always,

DeeDee S.
Royal Oaks, MI

Loading mentions Retweet

Comments [0]

November 6, 2008

MY DREAM IS BECOMING A REALITY ONE DAY AT A TIME

I live in the beautiful, albeit sometimes cold, state of Montana. My living room window looks out on 11,000 ft. Emigrant Peak. This is a great setting for relaxing, vacationing, and recreating. However, it wasn’t necessarily conducive to good business until I got involved in Prosper Inc.

The great staff at Prosper have provided me with what I needed to take my small business to the next level. B.P. (before Prosper) I would sit at home hoping, waiting for an order or two to come my way from our two website stores. Since I am in the preparedness field, any disaster would bring a spurt of orders but unfortunately each time the orders dropped off to almost nothing in a very short time.

Preparedness is a concept whose time has finally come. With the inspiration of my initial contact person, Tim Lawson, I caught the vision of where I could go with my business. With the help of my coach, Dane Ing, I am gaining the tools I need to get me there.

To start with, I completely redid my web sales letter. I have learned how to organize and present my information to motivate my potential customers. I have learned how to give them a clear picture of what they will gain from buying our book or ordering one of our products, whether it’s a flashlight, a 72-hour survival kit, a water filter or long-term storage food. My company is now sending out monthly emails to all the contacts we have with our latest specials.

I worked on completely updating our previously outdated and specialized book on emergency preparedness and was able to publish a concise and practical book on preparedness that is targeted to a much wider audience. My book, Do-It-Yourself Emergency Preparedness, (subtitle) How Ordinary People Prepare for Extra-Ordinary Events, (my coach Dane Ing came up with the subtitle) has sold three times the number of books in the first year that the original book sold on average in a year.

In the past month I have done 10 radio interviews about my book and emergency preparedness. These are fun and helping to increase the market for the book and the products I sell on my website. The time is ripe for this kind of information.

My business did not make me a millionaire overnight but Prosper did not promise this. In fact they made sure I understood the effort and motivation I would need to provide to ensure my business is a success. Then they gave me the support I needed to get off the couch and go to work.

I am continuing to enrich our website with articles, more information on our products and links to other sites. It all takes effort but it is very doable when attempted one step at a time. My dream is for one of our 72-hour survival kits to be in 10,000 households by the end of this year. In addition, I envision Do-It-Yourself EmergencyPreparedness in every Costco, and every airport bookstore as it makes it to the nonfiction bestseller list. It’s becoming a reality one day at a time.

Arlene H. Emigrant, MT www.yellowstonetrading.com

Loading mentions Retweet

Comments [0]

November 5, 2008

ENTREPRENEUR MAKES $130K IN FIRST YEAR SALES

ENTREPRENEUR MAKES $130K IN FIRST YEAR SALES

As of today first year sales totaled 130K! Not bad for a bamboo bathrobe company in its first year. In late October we received a call from Hyatt Hotels on Sunset from the head of housekeeping requesting information and samples of our robes. They reviewed our products and put in our largest order to date – 1625 robes – almost a 60K invoice. However, I did not have that many robes in stock and could only provide a little over 200 – which was still an $8000 – invoice – not bad. Our hope is that they still plan to purchase the entire amount from us – and coincidentally Hyatt Hotels Spa’s are called Pure Spa. Could be a good match for us – worldwide. If we could have secured all 1600 robes and monies from them our gross sales total for the year would have been closer to 180K!

In brief I feel it has been a good year for Pure Bamboo – I feel the name and branding are strong and easy to remember the URL is also perfect and easy for people to find. I feel we have identified a strong market and I know we are the first company to be actively marketing to the hotel, resort and spa industry. First mover – major tactical advantage – my hope is that we can get well enough established so we can become a major force and player on the market.

Again thank you Prosper Inc for your time and I look forward to hearing from you.

Bruce D. Los Angeles, CA www.purebamboo.com

Loading mentions Retweet

Comments [0]