Real estate investment club
Real estate investment clubs are clubs formed by individuals who want to invest specifically in real estate.
Individuals have long known that it is possible to make money by investing in real estate, but very few, proportionately speaking, have the capital available to be able to do any investing. The solution is for individuals to join real estate investment clubs, so that their money can be pooled together in order to purchase properties that they otherwise could not afford to buy.
Real Estate Investment Clubs have been booming since the 1990s [ [http://www.businessweek.com/the_thread/hotproperty/archives/2005/08/real_estate_inv.html Foust,Dean "Real Estate Investment Clubs", "Business Week", August, 2004] Retrieved 14 May 2008] , so much so that the National Real Estate Investors Association was formed in the late 1990s. In 2002 they had 44 active affiliated groups, in 2008 they have over 230 groups. [ [http://www.nationalreia.com/clubportal/ClubStatic.cfm?clubID=795&pubmenuoptID=9055 "National Real Estate Investors Association"] Retrieved 14 May 2008] .
Real estate investment clubs vary between those that focus on single family homes, and those that focus on commercial real estate.
General Investment Clubs
Other agencies online include the Real Estate Investment Club, Commercial Real Estate Online and the National Real Estate Network. These organizations deal with properties around the country.
Women's Investment Clubs
Many women are able to get involved in real estate investing by joining Investment Clubs - not necessarily ones which only feature female members. NuWire Investor advised this avenue in an article published on January 22, 2008. [ [http://www.nuwireinvestor.com/articles/women-investing-in-real-estate-51404.aspx Winnie, Trista "Women Investing in Real Estate", "NuWire Investor", January 22, 2008] Retrieved 14 May 2008] ,
BellaOnlinehas also published articles encouraging women to join such groups. Women in Real Estatewas formed in 1983 by women working in the California real estate industry. Membership is open to commercial real estate professionals with a minimum of two years experience in the industry.
Minorities and Investment Clubs
Many minority communities are also creating investment clubs. For example, the
Milwaukee Journal Sentinelreported a story on October 18, 2005 about Communities Learning to Invest and Mobilize for Business (CLIMB), funded by the Annie E. Casey Foundation and the Forest County Potawatomi Community Foundation, in order to help minority communities accumulate as much as $100,000 in assets within a decade. [ [http://www.jsonline.com/story/index.aspx?id=364104 Johnson-Elie, "Teach people to invest and they'll save for a lifetime", "Milwaukee Sentinel-Journal", October 18, 2005] Retrieved 14 May 2008] ,
Local Investment Clubs
There are two types of investment clubs - those that focus nationally, such as
Commercial Real Estate Onlineand the National Real Estate Network, and those that focus on the local neighborhood, such as Milwaukee's CLIMB program or The Power To Be Free Commercial Real Estate Club of Michigan.
Real estate broker
United States housing bubble
Multiple Listing Service(MLS)
*Internet Data Exchange (IDX)
List of real estate topics
* [http://www.chicagoreiclub.com The Chicago Real Estate Investment Club]
* [http://www.wholesalemi.com/index.php?id=1 Urban Detroit Wholesalers]
* [http://www.property4investors.com/index.html Property4Investors]
* [http://www.payingcashforhouses.com/payingcash_home_wholesalers.html Paying Cash For Houses]
* [http://www.getwholesalehomes.com/ Get Wholesale Homes]
Wikimedia Foundation. 2010.
Look at other dictionaries:
Tamares Real Estate Investments — is a privately owned real estate investment company based in London. Tamares is the largest land holder in Las Vegas, Nevada. They acquire and operate their properties.Offices*London *New York City *Tel Aviv, IsraelInvestments include*1500… … Wikipedia
Property investment club — A property investment club is an organisation which is designed to sell real estate (usually newly built) in bulk to its members. These organisations have become commonplace in recent years, and often have dubious reputations.Members pay an… … Wikipedia
Investment — or investing [British and American English, respectively.] is a term with several closely related meanings in business management, finance and economics, related to saving or deferring consumption.Investment is the choice by the individual to… … Wikipedia
Private investment capital subscription — A private investment capital subscription, commonly referred to as PICS, is a financial tool that relies on a small pool of investors’ money for real estate investments. The money managers of private investment capital subscriptions or PICS are… … Wikipedia
Qatar Investment Authority — Pour les articles homonymes, voir QIA. Le Qatar Investment Authority (QIA) est le fonds d investissement souverain de l’émirat du Qatar, présidé par le cheikh Tamim bin Hamad al Thani. Sommaire 1 Investissements … Wikipédia en Français
Trump Ocean Club International Hotel and Tower — Trump Ocean Club is a mixed use development in Panama City, Panama of Real estate developer Donald J. Trump of the Trump Organization and Mr. Roger Khafif, President of the K Group, a Panama resort developer) projected to cost $220 million. As… … Wikipedia
Palomino Club (Las Vegas) — This article is about the club in Las Vegas, Nevada. For the Los Angeles club, see Palomino Club (North Hollywood) .The Palomino Club is a landmark North Las Vegas strip club with a series of infamous owners, ranging from accused and convicted… … Wikipedia
Country Club Plaza — Kansas City s Country Club Plaza The Country Club Plaza (often referred to as The Plaza) is an upscale shopping district and residential neighborhood in Kansas City, Missouri, USA. It was the first shopping center in the world designed to… … Wikipedia
Destination club — In a destination club, in exchange for a one time, upfront, mostly refundable membership fee, and annual membership dues, a member gets access to a roster of luxury vacation homes around the world, which can be booked based on availability and… … Wikipedia
Destination Club — Destination Clubs were invented in 1998, when Rob McGrath, a veteran of the luxury timeshare development business, launched Private Retreats. Since then over 20 companies have launched clubs (and more are being launched every month) targeting… … Wikipedia