A real estate investment group (REIG) is a business that concentrates much of its efforts and capital on real estate. In search of profits, real estate investment groups may choose to buy, renovate, sell, or finance properties.
How do real estate investment groups work?
In the case of real estate investment groups, members focus solely on investing in real estate. Group members form a legal entity. This ensures that each member is a joint owner. Then, when the group decides to buy and sell real estate, its name goes on the deed. Most real estate investing clubs have written operating rules.
Are real estate investment groups a good investment?
If you're just getting into real estate and would like to passively invest in real estate, Real Estate Investment Groups (REIGs) might be a good fit for you. In essence, they allow investors to pool their resources and benefit from the potential returns of owning real estate properties without the burden of active property management.
