Hi all,
I am new to the forum board. I am have just been passed some info from some friends of mine who are also into property investing. They are part of the Investor’s Club – which works on negative gearing and capital growth. Have any of you investigated Kevin Young and the Investor’s Club?
Yes. As far as groups go, they are one of the best, and have been around for a while.
Do a search on the forum here and you will find a few posts.
Terryw
Discover Home Loans
Mortgage Broker
North Sydney
[email protected]Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Yes I found them yesterday. Looks interesting and they also provide services if you are interested. I am wary of ‘services’ provided but am willing to have a look at the Club side of things. So join up and see how it goes.
Jules[biggrin]
JULES1
Email Mejust be aware that the Club isn’t actually a club, it is a marketing company… which you can’t really join like your local Tennis Club.
http://www.megainvestments.com.auExtensive list of ‘Off The Plan’ property available for sale in Perth.
John – 0419 198 856
A couple of quick points – yes The Investors Club has been around for 10+ years now with over 6500 purchases made.
Yes The Investors Club does market researched properties in major areas – but there is no pressure applied.
Fees earned through purchases are used to provide the fabric of support that exists for members before, during and after the purchase is completed and continues ad infinitum through enhanced property management processes that result much lower vacancy rate than that existing in the wider market.
Note disclaimer applies.
Derek
[email protected]
http://www.pis.theinvestorsclub.com.au
0409 882 958IMHO its a good avenue if you are new to investing.
A lot of us recieve their newsletters and the club has it’s advantages.
PS- Not a member; but will attend a meeting one day to add to my knowledge base
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorDoes it cost money to join? And looks like you need a sponsor and go to a meeting first. I might give it a look. Anyone want to sponsor me?
~Marvin from Toowoomba (QLD)
“Knowing is not enough, we must apply. Willing is not enough, we must do.” ~Bruce Lee
Hello Marvin
No, it doesn’t cost anything to join and as far as I know you just turn up at a meeting. You don’t need a sponsor. That was my first contact, via a newspaper ad. I am from the Toowoomba area myself. I have only been to one meeting at this stage, but intend to go to more.
Wes.
Hi Derek..
What’s Kevins new book like?
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorWe have been members of The Investors CLub for a few years now and look forward to the informative ‘free’ newsletters each month. On attending a couple of their meetings as well as the annual Conference each year, I have learnt a lot of information with relation to deprecation of properties, body corporates and how they operate, insuring your investment propery etc, etc. We bought a property through them about two years ago (as well as doing our own research of the area for some months) and are extremely happy with our purchase. It has an excellent return and is in an excellent growth area. Apart from the yearly Conference on the Gold Coast, all meetings are for free.Great place to get lots of free knowledge and meet other people with same interets. As we are members we are able to acess their internet site and look at properties they have for sale. All the information is there to read, the floor plan of the properties are included as well as the proximity of the nearest shops, schools, from the property. The return is worked out as well as the rental return expected. Anyone can have a quick look into the site by going to http://www.theinvestorclub.com.au. Click into ‘property services’ and what ‘state’ you are looking for property in and you will be able to access only one page of the properties available. Further details of the property is available only to those you have a password. Give it a go, you have nothing to loose and only knowledge to take in and learn.
Does their information extend beyond negative geared property?
Robert Bou-Hamdan
Mortgage AdviserIf anything MA i suspect it would be more +CF ‘ala’ Margaret LOMAS, i cant see the IC suggesting you buy a 80 year old fibro house out the ‘back of Bourke’ because it puts $2o a week in your pocket.
I know fom other posts here that they look at commercial as well as residential, though i’d expect residential is more their forte.
Not being a member or having attended a meeting i’m making assumptions though [biggrin]
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorThanks Red, I kind of made the same assumptions.
Does anyone know if their management agreements are favourable or competitive compared to standard agents?
Robert Bou-Hamdan
Mortgage Adviserhey guys,
i am using their service to get my first IP.
so far so good.
my support member has guided through every step of the way, and we are at the point of finance approval after which i will fly up to see the property, and if it doesnt suit, i can opt out of the deal.let me know if there is any way i can help.
alvin
Who is Alvin from Melbourne anyway? http://www.parttimeincome.org/Blog
Have Fun Make Money And Make A Difference with Annasa
http://www.parttimeincome.org/annasa.htm%5DSo they organise the finance as well?
I wonder how competitive the products and rates are they advise their clients to take. Can anyone attend these meetings and, if so, when and where is the next one in Sydney?
Robert Bou-Hamdan
Mortgage AdviserI believe anyone can go to their meetings. If you look up their web site theinvestorsclub.com.au they should have the meeting dates as they are held all over Sydney.
I went to one of their meetings a couple of years ago and were quite interesting. By what I have read about them, if you are too hesitant to get into property investing on your own and need an organisation like this, then they are probably the best. However, if you do your research, you are probably better off doing it on your own.
Shar
Hi all,
I’ve been to few of their meetings few years ago. I did not purchase any properties because I was not interested in negative geared properties. Also I was wondering what was the kick back from developers and other professionals that were recommended. I just do not believe in free lunch (biscuits and cup of coffee in their case).
Cheers,
DanielaHi Redwing,
The book did not contain anything new for me – but then I am up to my eye balls in the information anyway. For a first time investor or someone who wants another piece of reading material – you would have to ask them for their comment.
Penguin Chick – Club fees are explicitly state as an answer to question 22 on the most frequently asked question list – this is freely available to anyone who asks.
Derek
[email protected]
http://www.pis.theinvestorsclub.com.au
0409 882 958Hi Derek,
You may be able to clear something up.
Terry has outlined a scenario (which he says The Investor’s Club advocates) that involves purchasing numerous properties and borrowing on the equity (if any) to fund lifestyle, supplement income and pay interest on loans or capitalise interest.
I don’t believe he was referring to using equity to fund further purchases and still being able to service all loans from income and rent.
Is it one of The Investor’s Clubs strategies to continue buying property regardless of whether you can afford it or not and keep eating into your existing equity to avoid selling property?
Do they not believe that it is the quality of the investment, NOT the quantity of investments held?
I look forward to your response.
Robert Bou-Hamdan
Mortgage AdviserI am not a member nor have attended their work shops.
I do get their news letters and think they provide a service that warrents a respectable fee for service.
I wish i had started this concept, i am jealous!!
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