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Why Use A Property Club
By Vic Hurlstorm | July 18, 2010
The idea of a property club is there is strength in numbers. It is a place where ideas and strategies for property investing can be discussed and shared. No mater where you are there is a plethora of real estate courses and advice about what is the best strategy, however to access this you need to find over many hundreds if not thousands of dollars,. This does not need to be the case. There is enough knowledge and experience out there that should be freely available to the people looking to search for it.
Also because there is much information out there no one person can do it all or read it all. That’s why a property club can pull the resources of all the experts and people that have been there and done that to share their experiences.This ranges from how to value a property, what tax concessions are available and so on. Although it is very important to get your own legal and tax advice there is no reason why you cannot be educated with the fundamentals so you can ask educated questions to your professional advisory team. This ensures that you save time in terms of getting what you want when spending time with your advisors and also know that they are doing the right things for you so your strategy is aligned with your goals and everyone is on the same page.
As an advanced strategy it can also act as buyers groups to leverage buying power from vendors and developers to negotiate a wholesale purchase of a particular property site. This can be very effective, however needs to be organised so that all parties are aware of their obligations and there is full disclosure of the negations. A community of like minded people can be very instrumental in accelerating your knowledge and investment strategies.
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