Six or seven years ago, the stock market was booming, Internet companies that no one had ever heard of were valued at billions of dollars, and anyone and everyone was investing their money in tech stocks. Then, in 2000, the stock market crashed, the Internet companies closed their doors, investors lost trillions of dollars, and life went back to normal, more or less. Five years later, tech stocks are nowhere near their 2000 peaks, but investors are salivating again. This time, they're putting their money in real estate, and they're forming real estate clubs to help them achieve greater success.
There were investment clubs in the 1990's, where a group of people with common investing interests met regularly, pooled their money, and invested in stocks as a group. A few of them did well enough that they made national news. Now the equivalent is the real estate club, but in these clubs, it's every person for themselves. Rather than pooling money for common investments, members meet to share advice, lessons learned, and stories of their latest acquisitions. It's difficult to say how many real estate clubs exist in the United States, but estimates suggest that there may be thousands of them. Real estate prices are at record levels, particularly on the East and West coasts, homeowners have record amounts of equity in their homes, and with the stock market still crawling along, people are putting money in real estate and helping each other do it.
The typical real estate club has anywhere from a handful to several hundred members, and they typically meet once a month or so to share their experiences. Those who have been investing for years can share what they've learned with newcomers ? how to invest, how to avoid risk and minimize losses, how to find quality properties, and how to deal with the legal aspects of real estate investing. Many members are interested in learning how to buy prepare a "fixer upper" for market. That particular area of investing has a lot of potential pitfalls, and can easily turn into a money drain for those who aren't careful, and stories of what to do and what to avoid are common.
Real estate clubs are popular across the country, and not just in areas with rapidly rising real estate prices. Those who are interested in meeting with others to learn about real estate speculation can probably ask a local realtor for information. Otherwise, type "real estate club" into your favorite Internet search engine, and you will undoubtedly find a club in your area.
©Copyright 2005 by Retro Marketing.
Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including End-Your-Debt.com, a Website devoted to debt consolidation information and HomeEquityHelp.net, a site devoted to information on home equity loans.
|
|
|
|
|
|
|
|
|
|
|


To understand stock options, we need to look at Webster’s... Read More
I submit that the successful day trader would profit well... Read More
Online trading is so seductive - just sit, click, and... Read More
While a U.S. Representative to the Asian Development Bank Executive... Read More
Young readers know that March 4th is the birthday of... Read More
What is an Angel Investor? An Angel is usually a... Read More
Motivational guru Tony Robbins teaches that the reason for doing... Read More
When it comes time to retire how many people would... Read More
First and foremost, an opportunistic strategy for creating wealth in... Read More
One important aspect of trading the markets is to understand... Read More
There is an area in Brazil that has lower crime... Read More
The Nature of Penny StocksFor anyone new to investing in... Read More
A barrel of oil bounced to over $60 Thu, which... Read More
In this day and age of online brokers for virtually... Read More
Some time ago I attended a seminar where participants were... Read More
Okay, so I can tell you I have sat in... Read More
"The American Age of Inflation is finished." So says economist... Read More
Upper Saddle River, N.J. - May 11, 2005 - Now... Read More
Agonizing displays of poor theatrics failed to entertain my mind... Read More
For a successful retirement investment plan to work in the... Read More
Do you ever feel like you haven't been told the... Read More
You have rowed a boat at some time haven't you?... Read More
Ready to start playing with your money? Not interested in... Read More
Asset allocation is a critical component of investing success. Both... Read More
Investing in New Zealand might be much easier than investing... Read More
If you are looking for a safe investment and you... Read More
Q: I own a small decorating business and I'll be... Read More
I'm sitting here at my computer desk with a cup... Read More
One of the fundamental principles of finance is the concept... Read More
Even though inflation has been relatively quiet in the U.S.... Read More
There maybe several reasons why you to want to invest... Read More
The Light Crude Continuous Contract closed at $66.13 a barrel... Read More
Investors are always looking for the best investments that will... Read More


The Light Crude Continuous Contract hit an all-time high at... Read More
Of the 75 million baby boomers nearing retirement today, many... Read More
Location ? Once the holy grail only for real estate... Read More
There are many different ways to invest in world markets:... Read More
You all know what CYA stands for. Of course, Cover... Read More
Everyone knows that the Holy Grail of investing and trading... Read More
Do you ever feel like you haven't been told the... Read More
In 1519, Hernando Cortes, beached on the shores of unexplored... Read More
About thirty years ago, statisticians armed with all of their... Read More
Grading coinsThe condition of a coin is commonly summarized by... Read More
Are you ready to open your pathway to financial independence?Well... Read More
Many investors think that investing in mutual funds is free.... Read More
Stock trading strategies are as rampant today, as they were... Read More
"You can be poor when you're young, but you can't... Read More
Young readers know that March 4th is the birthday of... Read More
When you start your program to purchase your "ideal" company,... Read More
I've been involved in online trading, specifically with stock and... Read More
When you invest, it simply means that you are putting... Read More
While a U.S. Representative to the Asian Development Bank Executive... Read More
Pre-1933 Gold Outperforms Today's Gold Bullion...Since 1970, an investment strategy... Read More
Even though inflation has been relatively quiet in the U.S.... Read More
Ready to start playing with your money? Not interested in... Read More
Ever since the turn of the century, world stock markets... Read More
The Foreign Exchange Market, better known as FOREX, is a... Read More
What are the risks?Today, investors are increasingly turning to global... Read More
Are you ready to open your pathway to financial independence?Well... Read More
A significant number of corporations that settled accounts in the... Read More
For those accustomed to viewing things a certain way, it... Read More
People tend to feel sorrow and grief after having made... Read More
While it is rather rare that value gurus sell stocks... Read More
I said last week that money doesn't generally buy happiness,... Read More
If there were one piece of advice that an investor... Read More
Some time ago I attended a seminar where participants were... Read More
Investing |