Joining a real estate investment group can be a great way to get information support and other advice from those in real estate. A real estate investment club is very different from a REIT or real estate investment trust. You can search through the Internet to find local clubs or even join a real estate investment club online. One of the best places to start is the National Real Estate Investors Association.
Before you join a real estate investment club you need to make sure the clubs goals match your own. Try to see if you can attend a meeting or two before you pay any dues or membership fees. Make sure you uncover the real estate investment groups motives. You should determine if the club is set up for networking or education is it non for profit or for profit will their be many people trying to make sales pitches what type of real estate does the club focus on and how well have the clubs investors done over time? These are a few questions you should get answered before joining any real estate investment club.
Many times an individual will join a real estate investment club to form partnerships as investing on your own can be a big step. Many times a partnership provides some security and can let you purchase more property then you may have been able to by yourself. A partnership is a business transaction and you need to know your partners background credit history and references. There are sharks out there that will try to scam you.
You may find that many individual in the real estate investment group may not actually invest in real estate or may stop investing after a try or two. While you may feel the need to do everything by yourself just being able to talk to others with the same interests can provide you with excellent support and information even if you decide by yourself. If there isnt a real estate investment group in your area then you can always see about starting your own group.