Nexus 4 - Group Text (coming from iPhone)

I was lucky enough to snag a Nexus 4 yesterday; however, after doing quite a bit of research online, i have discovered that group texts with iPhone users is not an easy task. Literally all of my friends use iPhone's, and about 90% of my texts are group texts, so this is somewhat important to me (as lame as it sounds).

I really do not want to use a third party application like GO SMS Pro. Is there any workaround to this? Are third party applications okay or resource hogs? I have not found any legitimate answer via Google.

Thanks