Président du club

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The CIPG club team joins me in wishing you a wonderful year 2023 !

On the personal investment side, I took the time to boost the rental yields of my old garages. Some rents were not up to the level of the proposed service and well below the market price. I still maintained an aggressive pricing strategy on a lot of 7 parking spaces for which I am aiming for a permanent 100 % fill rate. I still haven’t found a new warehouse to expand my business model of storage, warehousing and winterization of vehicles. It must be said that the price of premises in good condition has soared this year and the increase in credit rates force me to find a smaller premises to finance it with personal finances and without a mortgage. With my partner, we have studied solutions to reorganize and expand the current space of our warehouse to accommodate even more tenants. I will soon provide you with a complete explanation and figures on the forum.

Nothing has really changed during this year, the properties intended for housing that we hold with my companion, are always time consuming. Their profitability is quite average compared to the rental investments we have made in the real estate niche. But the houses remain another source of complementary incomes, it is the strategy of diversification that we decided and from my point of view the real estate is so vast that it is necessary to have a little of everything so that a patrimony is effective in the time. Enough about me, we will now see the balance sheet of the club, since this is the purpose of this article.

10 years since our club exists, what a journey we have made in the last few years! I recently had discussions with some of the historical members of the club, the evolution of our site is incredible. If someone had told me 10 years ago that our community would be so big, that we would develop tools such as online rental management and accounting. I would like to thank the members of the volunteer team who help me so much. Thank you also to all the members for making this community live and grow on a daily basis, it is above all your success and thanks to you that we are still here 10 years later to help and accompany you.

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The entire club team joins me in wishing you all the best for the year 2022 ! In spite of the current difficult context with the world pandemic, I hope that you have been able to realize your projects. For my part, I have devoted myself to boosting my various rental investments. I did not take the time to buy new garage lots because I managed the construction of my new main residence. I will try to free up some time to invest even more for our club in 2022, on the real estate side, I am still looking for a warehouse to make another winterization center for vehicles and storage, since this business model is working well. Enough about me, we will now see the balance sheet of the club, since this is the purpose of this article.

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Our club operates on the principle of sharing experiences. We must constantly find new members in order to diversify our contents. That is why we offer a very attractive membership program to grow our community.

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This investment project started two years ago, club members have a totally crazy goal. They want to buy a warehouse to launch several activities and create additional income. Discover the story behind the birth of the project by reading this series of articles.

Many of you have asked for news about this project and the possibility to visit the site. After a year and a half of operation, the warehouse is profitable. The cash flow generated covers expenses and credit repayment. The business model applied by Christopher and Philip is working, it’s the perfect time to present it to you !

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I hope you had a great holiday season. The entire club team joins me in wishing you all the best for the new year. In this difficult context, I wish you that the year 2020 will bring you many good things and a lot of additional income !

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I hope you had a great Christmas and New Year. I wish you all the best for this new year and wish you all the best for a successful year in your real estate investments. Hopefully 2019 will be your year !

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• In 2018 : the great turning point
• Most active members in 2018
• How will the community evolve in 2019 ?

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In 2018 : the great turning point

The year 2018 will remain in our memories as a major turning point for our investment community as we have passed the 1000-member mark, and I thank you for your renewed confidence and loyalty. Since its launch in 2013, our collective has grown from year to year, with a cumulative experience of 811 locations to date.

The membership renewal rate is currently 94%, we lost a few members this year. The experience of previous years shows that the majority of members who leave us return the following year to deepen their knowledge, learn more and share their experiences with other members.

After 5 years of existence, I had the pleasure to discuss with the members on the vast subject of “how to improve the community website? “That’s why in July 2018, I decided to reinvest all the member fees, i.e. $ 5.960, to create a new website with a new look, more design, more up-to-date, easier to use, more pleasant to read, with of course equivalent content and improvements in the quality of service.

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• Why this change ?
• What will change for you ?
• The new functionalities of the exchange platform :

• Feel free to share your ideas for improvement with us !

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Why this change ?

Since September 1, 2018, the Parking Garage collective has become CIPG : the Club of Investors in Parking lots and Garages. It has now been 6 years since our community was created. Our progress is such that we had to do something. Indeed, this year again we welcomed 30% more members, which is why I decided to stand out. With almost 100 investor members, our community needs to evolve to better meet your expectations and support you in your projects.

It is high time to reinvest the money from your contributions in good use. The members of the club’s team did not take any holidays this summer, to prepare you for the brand new platform for exchanges !

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On behalf of the entire Parking Garage collective team ; I wish you and your loved ones a happy new year 2018 ! Each beginning of the year announces the traditional good resolutions. You will take the time to take stock of your wishes, your dreams, your investment projects, additional income or financial freedom. In 2018 we will concentrate our forces to help those who really want to buy one or more parking lots, first purchase or expansion of assets will be our leitmotif !

The year 2017 has been a very rich year of rebounds. My main objective was to grow the investor community to enrich the exchanges, the contents of the site and the member area. We will have to focus on animating this beautiful group and allow each investor to grow. As you know from the video conference replay, some of them have great projects. We will follow them to train you by sharing more and more information from our experiences. This year again, I am also one of the lucky buyers of parking lots.

Realizing the crazy project of acquiring a warehouse through a company with associates. The idea is to do several activities that you will soon discover in a new module dedicated to warehouses 😉

Table of contents

• The tools for success and investment in car parks and garages
• Top 3 most active members in 2017
• The new modules for the coming year

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The tools for success and investment in car parks and garages

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