2 Real Estate Investment Club Success Stories [2024]
Real estate investment clubs are non-profit organizations where investors join together to buy real estate properties and make joint investments.
Real Estate Investment clubs can work on 2 models: free to join for all or charge an annual fee, which would be less than a few hundred dollars. Every Real Estate Investment club should offer knowledge about different investment practices, how to advertise a service or a business, networking with fellow professionals in the real estate industry, etc.
To start a real estate club, you should consider the following points:
- Conduct market research and reach out to people who already have expertise in this field
- Attend meetings and find out how other clubs operate.
- Familiarize yourself with real estate laws and current market conditions.
- Once you decide your mission, start recruiting people and promoting your club
Investing in real estate can be a big step. Hence, it is always beneficial to form a partnership and find the best deal. Ideally, a club may charge between $50 to $150 per year.
In this list, you'll find real-world real estate investment club success stories and very profitable examples of starting a real estate investment club that makes money.
1. Equity Residences ($7.2M/year)
Equity Platinum Fund with a goal of raising $50 million to acquire a portfolio of twenty luxury vacation homes. Currently, we have over 200 investors and $40 million under management. Our focus is on providing investors with access to a portfolio of luxury vacation homes for personal use and as an investment, while also generating income through rentals and appreciation over time.
How much money it makes: $7.2M/year
How much did it cost to start: $2.5M
How many people on the team: 4
Equity Residences is a luxury real estate investment fund that has raised $40 million from over 200 investors, offering them access to a portfolio of luxury vacation homes for investment and personal use, with a minimum investment of $161,500 and plans to acquire a further twenty residences ranging from $1.5M to $4M.
2. Adventures in Mobile Homes ($120K/year)
Rachel Hernandez, founder of Adventures in Mobile Homes, came up with the idea for her business after becoming burnt-out as a landlord and deciding to sell her real estate portfolio. She read a book on mobile home investing and was drawn to the idea of being the bank rather than a landlord. Her first sale was a 2 bedroom, 1 bath mobile home that she bought for $3,600 and sold for $10,000, receiving her initial investment back within the first year. Since then, Rachel has built a successful business with a steady stream of passive income and plans to expand by buying land and moving mobile homes onto it.
How much money it makes: $120K/year
How much did it cost to start: $3.6K
How many people on the team: 1
Adventures in Mobile Homes founder, Rachel Hernandez, shares her experience of mobile home investing which has led to around $500 cash flow per month for every deal she does and has allowed her to achieve $10,000 per month from the business.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.