The Investors Club
The Investors Club is an Australian property investing club that is organised to help you reach your property investing goals. To join the club is free, and to view the current properties available all you have to do is put in a request to see how much you can borrow with club loans ( no strings attached).
The idea of the Investors Club is that they locate high growth property with decent rent returns at a pre-negotiated price. The price is what I find is the only small let down with the Investors Club. As it can’t be negotiated, it’s take it or leave it, often leaving you paying slightly too much. But the club does need to make money to provide all the services it does for you and this is where they make it, in their commissions on sales. The club can often get a bit better price anyway due to being able to offer quick sales to vendors as they can present the property to the thousands of Investors Club members and have a buyer buy 4pm the next day.
The club offers many services to members including a leasing department, maintenance, insurance department, loans and legal support. It is these services and ongoing support from the club which is of great value. Investors Club property’s also have a much lower rental vacancy rate than a non member property’s.
The club holds meetings around the country so you can learn first hand how the club works and what it can do for you. It’s also great to spend time with like minded people and throw some questions around.
The core principles behind The Investors Club plan are:
- Each investment property must involve minimal cash outlay;
- Property selection is critical;
- Every property must be as close as possible to positive cashflow from day one; and
- Never, never sell.
The Club uses the motto “Never, Never Sell” as your retirement plan invloves living off the equity built up in your properties. As you will see when you go to a meeting, once you have enough properties, you can live off it indeffinetly!