The Investors club according to the West article..
The Investors club will soon celebrate its 10th Birthday , with 60’000 member families in Australia and New Zealand.
Membership is free and no fees are charged for services including help locating the right property, organising finance and ongoing support from fellow investors, monthly meetings and newsletters.
The club does this because it charges a fee of 6.6% to the vendor after settlement, so it comes out of their profit.
Vendors benefit because the club has a waiting list of up too 2000 finance qualified investors waiting to buy so they sell quickly, with reduced costs.
Property selection is critical and the club provides researchers, who focus on WA, QLD Sydney and Darwin IP’s that give good returns and CG. Near new IP’s: to take advantage of depreciation and tax relief.
They have Computer programs that estimate each member’s cash flow from day one. And they never, never sell.. Building equity and buying more.
The founder Kevin YOUNG retired at 27 with 22 IP’s and came out of retirement to teach his methods throughout the club.
There are meetings in WA in Willetton, Dianella and Kalgoorlie
REDWING
The Investors club will soon celebrate its 10th Birthday , with 60’000 member families in Australia and New Zealand.
Membership is free and no fees are charged for services including help locating the right property, organising finance and ongoing support from fellow investors, monthly meetings and newsletters.
The club does this because it charges a fee of 6.6% to the vendor after settlement, so it comes out of their profit.
Vendors benefit because the club has a waiting list of up too 2000 finance qualified investors waiting to buy so they sell quickly, with reduced costs.
Property selection is critical and the club provides researchers, who focus on WA, QLD Sydney and Darwin IP’s that give good returns and CG. Near new IP’s: to take advantage of depreciation and tax relief.
They have Computer programs that estimate each member’s cash flow from day one. And they never, never sell.. Building equity and buying more.
The founder Kevin YOUNG retired at 27 with 22 IP’s and came out of retirement to teach his methods throughout the club.
There are meetings in WA in Willetton, Dianella and Kalgoorlie
REDWING