You guys sure know a lot about property investment. It is quite interesting to read about all the comments you have been making.

After reading it, I was juts thinking about whether there are property investment companies or clubs that gets many investors who has a small sum of money and use it to buy properties. I have been looking for something like that as I don't have such a huge fund to go invest in prime properties.

An example is where 10 people invest RM40k and use it to flip a house which cost about RM400k. This can be bought and sold in a period of 1 year.

Anyone who has an idea about this, please share.

bOOn, thanks for your prompt and kind reply. Actually my problem with getting family members is finding someone to manage the properties. I want to take the managing part of this out of the picture to save a lot of hassle.

It is good to hear that there are companies out there who does such things. I am very interested in the companies who can manage this thing well. If you can suggest some companies which you have experience in or know someone who had good dealings with them, I would really appreciate it.