Our new name was inspired by Monopoly® where the winner is the person who generates the most cash flow from the 22 properties. Property 23 allows our investors to generate high cash flow from their own properties," said Sean Whalen, President.
Orem, UT (PRWEB) October 29, 2010
Empower Group, LLC announced that it will immediately begin operating under the name Property 23. They believe the name Property 23 allows them to better represent their business as they increase their focus on providing turnkey, low-cost properties that bring high cash flow opportunities for their clients. The company is under the same ownership, with the same team, processes and dedication to customer service as always. The public is encouraged to call 888-202-3317 with questions regarding the change or the company.
Property 23 has experienced phenomenal growth over the past two years, buying and selling almost 4,000 properties and growing to 125 employees. Their mission is to do all the work to seek out the very best quality tax deed and foreclosure properties across the country. They rehab the properties, work with partner property management companies to get them rented, and then provide these low-cost, high cash-flow properties to investors looking for annual cash flow of 10% or more.
"We are very excited about the introduction of our new company name. We chose this name in reference to the Monopoly® game. The winner of Monopoly® is the person who generates the most cash flow from the 22 properties available. Property 23 becomes the vehicle for investors to generate high cash flow in real life from their own properties," said Sean Whalen, CEO and President of Property 23. "Our goal when the company began was to offer a better way for people to take advantage of the current unprecedented market to acquire income-producing real estate. In response to customer demand, we have sharpened our focus and continue to aggressively pursue opportunities for our clients that make it even easier and even more financially attractive. Our name has changed, but our intense customer service ethic and our unwavering commitment to providing high value to our clients have not.”
“Property 23 focuses on a ‘time-tested’ and proven mathematical model that generates solid investment returns based on common sense,” says Jon Day, Property 23 COO. “The numbers don’t lie. We focus on real estate investments that generate an annual return of 12% to 14% without leverage. Our ROI calculations are based solely on rents collected; so, just think of the returns when you add the factor of appreciation into these calculations!”
Property 23 is made up of a group of real estate investing professionals looking to empower investors with simple, yet proven, strategies and opportunities. Focused primarily on foreclosures in a handful of states, Property 23's founders’ circle consists of seasoned investors, attorneys, tax and deed specialists, and others, with combined experience of over 55 years in succeeding in the complex world known as real estate investing—even through the real estate market crash. Their purpose is to provide their clients a vehicle to achieve success in real estate investing. To learn more about Property 23, their mission and their properties, please visit http://www.property23.com.