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We have purchased through the Investors Club in the past and have been happy with the unit we have purchased. But as is the case in anything that you purchase, do your own homework. Pick the area you are interested in and look at properties listed with agents, as well as those that the club might be selling. Look up the internet on different sites for as much information that you can obtain. Of course the IC gets paid for the selling of properties, as do real estate agents. Who works for nothing. For your first time purchase through the club can be really helpful as you get to see everything the normal agents do not do e.g floor plans of the property, location to nearest shops, schools and sporting venues, forecast of a rental return as well as working out for you, how much the property purchase is going to cost you out of your take home pay each week. In purchasing our property I had our own independent valuation done before purchasing, as well as using our own solictors and bank for the finance of the property.
Attend any meetings for free and access sites like Property Investing to learn as much as possible before taking the big step. You can only make the final decision yourself, but always be prepared with knowledge first.[grad]We 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.
