Small Business Today Magazine JAN 2015 AIM GLOBAL LOGISTICS | Page 25

Texas 77018, is truly a place for people of all walks of life to find support, knowledge, and success in the real estate investment business.  Students come from a range of backgrounds, some with existing businesses who want to expand, others starting from scratch.  Most of them share one thing in common:  to make a better life for themselves and their family and to leave a legacy.  Regardless of where they fall on the spectrum, those eager to be a part of the booming Houston housing market are going to get the strong foundation needed from Prosperity Real Estate Group.   Anyone interested in getting started in the right direction has the opportunity to take advantage of the free workshops that are offered twice a month at various locations around town. Two hours of information are provided to anyone who attends. In addition, weekend seminars are held at the Prosperity Real Estate Group offices. They are held Friday through Sunday from 9 AM to 6 PM daily.These seminars are an amazing opportunity to jumpstart a career and are offered quarterly. Once a month, 200 to 300 people attend the Prosperity Real Estate Group’s networking event.This is invaluable for those involved in real estate investing because it facilitates them in making contacts and gathering information with the right people.  Most people who are first exploring the field of home investing aka “house flipping” don’t realize there are three main areas that people can focus on regarding a real estate investing transaction.  They can do “wholesaling”, “wholetailing”, or “rehabbing/retailing” (the area that most people are familiar with when they hear the term “house flipping”).  At every Prosperity Group Real Estate workshop, they go into great detail how someone can properly do each of these transactions and take their business to a whole different level of success.    In a wholesale transaction, this is the most basic and inexpensive way to get started.  A contract is simply entered into where the “flipper” has an option to buy the property for an agreed amount and then immediately sells it for a profit to another buyer through an assignment at closing.  No work is involved in rehabbing the house at all.  The seller receives their cash right away so everyone wins!    Wholetailing is a term used to describe the second most common transaction.  Even in this case, there is not a lot of work required in fixing up the house.  The “flipper” buys the home with money borrowed from willing investors.  Minor fix-ups are done and then it is put back quickly on the market.  A profit close to retail is made.    Last but not least, rehabbing/retailing is the transaction most people see in the media and is by far the most risky.  It can also be extremely profitable.  A house is purchased and there are repairs involved that are necessary in making it marketable.  Accurate estimating of these repairs is needed to assure the right price is offered to the seller to allow for a profit by the “flipper”.  Then the house must be sold before a profit can be made.   Unlike similar workshops offered by other companies, students who go on to enroll at Prosperity Real Estate Group find that this is just the beginning.  A. C. and Tim are most proud of their hands-on/ hand-holding approach to training.  Classes are only part of the experience.  There is ongoing support and training that is readily available by the coaches for each student.  They are always working to facilitate the students’ successes.  In addition, the team works diligently to help see the process through from the purchasing of a property to its profitable sale.   Also, it is not uncommon to see many students obtaining advice and guidance at the office even up to a year after training.  They are always welcome and treated like family.  That family atmosphere extends to all of the staff members including Sales Manager, Imelda Lepe, and Daniel Martinez who is over Acquisitions.   So many students share their success stories and even participate at seminars where they share their own personal experiences and words of wisdom.  Some of these students include Jason Bible who has made $1 million in a one and a half year period; Steve Vigil and Suzan Meaux who previously owned rental homes and continue to work full time in other careers have made $588,000 in a little over a year; and Hugo Cedeno who had been working in the field of oil and gas has made $300,000 in his first year!   Regardless of where you are in your life or career, if you are looking for a way to make your life and your family’s lives better and have an interest in what is one of the most profitable businesses today, then Prosperity Real Estate Group is your answer in finding the right company in providing you the strongest foundation and the most support.  The knowledge they provide and the invaluable contacts you can make alone are worth taking the time to attend one of their free workshops! To find out more how you can do real estate investing with the right foundation, go to www.ProsperityGroup.com, Their address is or email them directly at [email protected] (to contact A. C. directly) or [email protected] (to contact Tim directly). 2040 North Loop West, Ste 05, Houston, TX 77018. call them at [phone],