Property investment professionals tap into networks for success

Professional organisations have been described as "a congregation of intelligent, like-minded professionals that are immersed in the inner workings of the industry to gather and provide participants with access to a variety of opinions and ideas". Indeed, professionals become members of a professional organisation or association to keep abreast of industry trends and developments, new legislation and regulations, as well as new products, services and practices relevant to their business.

While it is true that the property investment business model is so simple and streamlined that many investors feel comfortable to "go it alone", there are numerous benefits to join a professional organisation.
"Belonging to a professional organisation created especially for buy-to-let property investors sets you up for success, because it offers exactly what you need to take a professional approach to establishing, managing and growing a property investment business," comments Dr Koos du Toit, CEO of P3 Investment Group. "Membership to what is commonly referred to as a 'property investment club' can significantly streamline and fast-track the establishment of a successful property investment business, without the risks, time and effort required to start from scratch or learning by trial and error."

Just some of the benefits that membership of a reputable and well-established organisation can offer include the assistance of experienced professionals in distilling your vision into a practical, realistic plan and the ability to tap into a proven system that significantly improves your chances of success. "Many property investors are so excited when they grasp the immense power of property investment to create wealth, that they do not take time to investigate and implement the finer details required for successful property investment. For example, it is crucial that a property investment business is founded based on the right structure, often a trust, and professional advice and ongoing management are required in this regard. Membership of a professional organisation should provide access to screened and carefully selected service providers recommended by other successful property investors, as well as reliable and correctly interpreted information regarding changes, develo
pments and trends in the industry and how these impact a property investment business."

If you select the right professional organisation to belong to, there are many other perks too. "If you are ready to take your property investment business to a new, professional level, be sure to select a reputable, well-established property investment organisation. In particular, look for an organisation that offers access to custom-designed tools tailored to the property investment business, such as software and risk management strategies, as well as one that enables you to tap into years of experience and expertise through a personal mentorship programme and empower you to keep your skills and knowledge razor sharp through seminars, workshops and ongoing training. In addition, members should have access to pre-screened, pre-selected properties to ensure they make the right investment choices and to special rates on products and services and discounts on properties negotiated by the organisation based on its bulk purchasing power," explains Dr du Toit.

But, perhaps most importantly, belonging to a professional organisation allows members to network, share ideas and learn from other property investment professionals. "It is not only highly inspiring and motivating to meet others who are as excited about property investment as you are, it is also a springboard for your ideas and a platform to share your own experiences. Networking with other like-minded professionals also creates new and often surprising opportunities for members, which would simply not have been available to those 'going it alone'," notes Dr du Toit.

Professionals, such as doctors, lawyers, architects, financial advisers and estate agents, have long since realised the value of belonging to a community of like-minded professionals to ensure they stay at the cutting edge of their chosen profession. "Property investors who take a professional approach to their property investment businesses will likewise find great value in joining a professional organisation," concludes Dr du Toit.

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