About a real estate investment club... what do you think of this one?

Question

Please view link: http://www.privateinvestmentclub.ca/idev...

Have your heard of it? What are your impressions? What do you think of the training and the membership benefits? Is it worth the price?

Thank you all.

Answer 1

1. Are they located in your area?

2. You should attend a meeting to see if this is something you could benefit from.

3. Do you have the money time and money to invest in the meetings and classes?

4. Do you have money set a side to invest in real estate?

5. Know your reason's for wanting to belong to a club vs. obtaining a relationship with a real estate agent and investing on your own without spending the money in a club.

6. Belonging to a club does have it's benefits, updates on the real estate market, networking with other investor's, information on becoming a landlord, meeting contractors,finance companies etc,  & running across good real estate deals.

7. The price comes to $58.00 per month.

8. I would attend a meeting 1st and check out the benefits and see what they have to offer you as a member.

9. If it's an online club I wouldn't invest my money.Look for a club in your area an attend an actual meeting.

Best of luck, now's the time to buy.

Answer 2

According to the site it is 700 a month, not a year.  I do not know where you see "annually" unless you are the site owner and you made a typo.   It sort of looks like it is your site, since you ask about it more then once.

I could not find much good or bad on them.   They have another website, tulsianiinvestments.com    I know it looks like they sponsor this one, but that is not true, they own both web sites.    

Answer 3

Do not join.   It is hard enuf to own real estate with family members, much less strangers. You can buy a house today as a rental and get to work yourself.  YOu don't need a club. /

Answer 4

I think it would be a good way to get $8,400.00 charged to your credit card.  At $700 a month for a year, that is what it will cost you.

While not exactly illegal, I would estimate that your chance of making much money by belonging to this club at around 0.

The owners of the club make their money by selling memberships.  They call themselves a non-profit because they use booking tricks to show they make nothing and thus avoid taxes.

Stay away.  If it sounds too good to be true, trust me, it is too good to be true.

Answer 5

Why not join our club?   www.canadianfinancialfreedom.com.   Joining costs nothing  - it's free!   Weekly newsletters will give you all kinds of information about how to make money in real estate investment.