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An investment club is a group of individuals who meet for the purpose of pooling money and investing; members typically meet periodically to make investment decisions as a group through a voting process and recording of minutes, or gather information and perform investment transactions outside the group. [1]
Real estate investment clubs have been booming since the 1990s, [2] so much so that the National Real Estate Investors Association was formed in the United States late 1990s. By 2002 the US Real Estate Investors Association had 44 active affiliated groups, and by 2008 they had over 230 groups. [3]
The experience provided many with a lesson on the importance of vetting investment claims. [7] In 2010, a member of the club stated that only 4 or 5 of the original members remained in the club; the rest had died. [8] In 2016, the club was still active, with over $400,000 invested and 75% of the members being descendants of the original club ...
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They have names like "Capital City Wealth Builders" and "Millionaire Real Estate Investor," and they may offer you the best chance in these still uncertain economy times to get involved in the ...
A Local Investing Opportunity Network, (LION), is an American investment club that operates as a loosely organized group of people who meet regularly with the goal of investing money in their local community. The group will generally consist of individuals who have money to invest and people who might be in a position where they would be ...
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