Real estate investment club
Real estate investment clubs are clubs formed by individuals who want to invest specifically in real estate.
Individuals have long known that it is possible to make money by investing in real estate, but very few, proportionately speaking, have the capital available to be able to do any investing. The solution is for individuals to join real estate investment clubs (which need to be distinguished from a formally established [real estate investment trust], so that their money can be pooled together in order to purchase properties that they otherwise could not afford to buy.