Real estate investment clubs are clubs formed by individuals who want to invest specifically in
real estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...
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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 (which need to be distinguished from a formally established
real estate investment trust
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping cente ...
, 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, so much so that the National Real Estate Investors Association was formed in the late 1990s. In 2002 they had 44 active affiliated groups, and in 2008 they had over 230 groups.
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
Real estate investing involves the purchase, management and sale or rental of real estate for profit. Someone who actively or passively invests in real estate is called a real estate entrepreneur or a real estate investor. Some investors actively ...
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.,
BellaOnline has also published articles encouraging women to join such groups.
Women in Real Estate was 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 Sentinel reported 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.,
Local Investment Clubs
There are two types of investment clubs - those that focus nationally, such as
Commercial Real Estate Online and 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.
[ Monday, 8 March 2021 ]
References
See also
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FSBO
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Real estate broker
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United States housing bubble
The 2000s United States housing bubble was a real-estate bubble affecting over half of the U.S. states. It was the impetus for the subprime mortgage crisis. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reac ...
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Multiple Listing Service (MLS)
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Internet Data Exchange (IDX)
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List of real estate topics
This aims to be a complete list of the articles on real estate.
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* 72-hour clause
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* Abandonment
* Abstract of title
* Acceleration clause
* Accession
* Acknowledgment
* Acre – a measure of land area
* Action to quiet tit ...
{{Real estate
Real estate investing
Residential real estate
Commercial real estate