Special Edition

IAP Global Initiatives

As it has been six months since we formed IAP Global, after rescuing Instant Access Properties from the administrator and the jaws of oblivion, we thought it would be useful to take stock and recap on some of the developments and initiatives which we have made and put in place to assist you with your investments and property portfolios.

Essentially we have been on the road since October 2008 and have now met over 3,000 clients. We hope this illustrates our commitment to you as valuable investors and clients of IAP Global. Where others have simply shut their doors, we have travelled around the Country to “test the mood” of clients and help combat this economic crisis together. The somewhat gruelling trip was designed to meet as many of you face-to-face as possible and to listen and learn.

This is both a new era and new business and we hope that we have shown you that as new managers of the business we are more than prepared to “get in the trenches” with you and help sort things out

 

Membership:
how we make money

Clearly, as a new business we need to look at how we are funded and able to support you with the events, education, new products and initiatives. As some kind of membership fee is crucial to our survival we asked you a] how we should charge for memberships and b] what amount you would be prepared to pay?

The resounding response was for a fee of around £20 pcm – for IAP Global events, updates, newsletters and access to an ongoing programme of education.

With regard to completion fees - almost all of you felt that a “pay as you go” approach would be fair (i.e. charging completions fees to people only with properties to complete on). This approach has been very successful with many of you taking up our competitive offer. We have a full time team in place at our head office to help with the process.

Spanish investments:
saving the day

Our commitment back in October was to hold your hand and steer you through these complex financial times. Sadly it is a fact of life that a few developers have come unstuck as the banks tighten their grip on lending and a few of your investments, particularly in Spain, have gone sour.

Out of loyalty to our clients, we have secured alternative investments for over 600 clients who have purchased properties in the region where the developer has either gone into financial trouble or administration. Our efforts have resulted in many obtaining better properties with larger discounts whilst alleviating any loss of deposit. We would hope by the end of this process we will have rescued more than 5 million euros in ‘lost deposits’ and given you a much stronger investment opportunity.

A strategy we hope sets us apart from other property investment businesses.
Our work in these regions is still not complete, as there are a few of you who have not been able to embrace these solutions for whatever reason. If you are one of these people our commitment to you is to find offers which are at least equal to or exceed any other offers currently available in the market. We have also introduced our unique “match clause“ so if you are offered what seems on the surface to be a “better deal” we will match it, development for development, fee for fee.

Florida investments:
our broadening role

Despite the tightening grip on lending, we have not taken ‘no’ for an answer. As a direct result of our reputation and standing in financial circles, we have been uniquely able to secure our clients funding for investments – where others failed. The Grande Palisades development is just one in question, where we have managed to secure end loan mortgages at a time when really no one is lending. We hope this illustrates the benefits of membership to IAP Global. Both of us have been working relentlessly on the Lake Austin Reserve Resorts (Palisade, Grand Palisades, Avalon and Magnolia Woods).

We entered into extensive and somewhat contentious negotiations with a number of Florida developers to reduce the price of units. As a result of working with the members and playing hardball, we are delighted to say that units at “Lake Eve” are to be reduced in price.
It is also worth noting that this extensive revaluation work and negotiations have been made at our own expense and any fees due at completion are unlikely to be paid as the banks have absorbed these as a result of completion delays.

Our service to you as members is also broadening as we are now heavily involved in challenging banks, requesting additional valuations, and thoroughly reviewing all management procedures / companies. We are also now focusing our attention on making your investments “work” for you by partnering with leading brands in the leisure world who we feel are surefire winners and in doing so will reduce management charges and improve occupancy.

We are currently in the process of talking to all our clients with Florida Investments.

FREE educational seminars

We continue to provide “free” educational seminars (almost 1,000 of you have benefited from our complimentary and updated, tax seminars). Although these cost us on average £100 per person per event, our intention is to continue these this year.

E-mail saves trees

At IAP Global 99% of our communications are by e-mail. If you have not received an e-mail mailing from us recently please send your up-to-date email address along with your member number to tina.halpin@iaprops.com so we can update our records.

£125,000* instant equity
from buying distressed property

At your request we have looked at the market and researched unique products and solutions to help combat these market conditions.

The launch of the distress property product “Freedom Portfolio” for example, is just one of the creative solutions which we have devised to allow you to acquire properties at a significant below market value. A large number of you have taken an interest in what has been referred to as a potentially ‘life-changing’ product offering and are well on their way to owning a rented property with a huge amount of instant equity built in with an enormous growth potential in the years to come. In the 80 or so days we've been offering this product, at today’s prices and values, we would have secured clients almost £15,000,000 worth of "instant equity". This product offers "auction prices without auction risk" - and of course, without the competitive bidding that happens at auctions, often driving prices up and discounts down.

An innovative way of building long term wealth and financial freedom

Whilst you sit back, we do all the work and create for you your own property portfolio of distressed properties 25% - 39% below market value giving you £125,000* of instant equity. And after 3 years of growth your portfolio could have created £250,000** of equity net of costs.

Click here for your FREE 10 step guide

Typical property example

Malham Drive, Whitefield, Manchester £229,950
Gross market value £230K
25%BMV
£172,500 @5.69%
There was a £7500 incentive for a quick sale on this deal.
This deal works on a 75% LTV mortgage.
Rentals £850 to £950 PCM

The next six months

It goes without saying that we are completely committed to helping you through this financial crisis - whether just to “see the other side” or to “profit” from it. There is no doubt that today is a great time to invest and we hope that through our ‘gatherings’ we have put you in a place where you feel comfortable and secure in your investment decisions. The landscape for making money is certainly different right now and we hope that we have shown you that you can benefit from this environment. Looking back over the last six months, there is still no doubt that property is a good place to put your money.

Our guarantee to you is to expose you to the biggest discounts and lowest prices available. We hope you can join us at one of our future events and hear about the “next big thing” (with some discounts up to 60 percent) and also, to catch up with what's going on in the market and how you can benefit from it. This could be the key to turning the credit crunch to YOUR advantage!

We will continue to improve our service, continuing to fight on your behalf helping to reduce prices where we can, and seek new and profitable initiatives to help with this down turn.
It’s a fact that a large number of people in general are scared and tending to do nothing right now, just sitting on their hands and waiting for the market to pick up. The fact of the matter is that this is not going to help them or you! Whilst we can’t change the environment, we can help to change the way you as an investor’ looks at it. Through providing the right information and the right education, you can make money faster in a recession than an upward market. We hope that this is what we have achieved over the last six months and we hope that IAP Global clients will be in the 5% of people who will benefit because they have had the faith to embrace these opportunistic times.

We are here to listen to your ideas and welcome any feedback at all times. We would also like to thank our staff for their efforts in these very difficult times.

Jim Moore
Tony McKay

 

New member events:

touring the country in April and May...
Demand has already been huge for these events so please book now to hold your place!

We have two new leading experts to share a fantastic perspective on the property market and give you advice on what to do and how to benefit.

Ex New Home Managing Partner of Knight Frank with 20 years of experience, and a leading firm of brokers who are focused on the buy-to-let market.

For the first time in many months, the average value of a home across Britain rose by 0.9 per cent. This put an average of £3,200 on the value of a home. This news will be seen as a potential “green shoot” hinting the recession may be bottoming out. And the number of mortgage approvals rose to the highest level since May last year.

In our NEW Spring Event Programme we will be bringing you the latest news on the property market, what's going on at auctions, how the estate agent market is fairing and how to secure the deepest discounts on distressed properties with little or no money down.

Southampton 27th April 2009 - 7.30pm BOOK NOW

Stansted 29th April 2009 - 7.30pm BOOK NOW

Bristol 30th April 2009 - 7.30pm BOOK NOW

Edinburgh 6th May 2009 - 7.30pm BOOK NOW

Manchester 7th May 2009 - 7.30pm BOOK NOW

Central London 11th May 2009 - 7.30pm BOOK NOW

Kingston-Upon-Thames 12th May - 7.30pm BOOK NOW

Heathrow 18th May 2009 - 11.30am BOOK NOW

Bath 28th May 2009 - 11.30am BOOK NOW

Book now to avoid disappointment.

 

The IAP Global Newsletter is for general information only and is not intended to be relied upon by readers in making or not making specific investment decisions.

Disclaimer

Comments made are based on current tax law and may, (in fact almost certainly will), change in the months/years ahead. Material supplied has been carefully checked for accuracy but no responsibility can be accepted for inaccuracies or errors or from subsequent use of this material. Specific professional advice must always be sought based on your own individual circumstances. As always, the buck stops with you. We recommend you take independent advice before making any such decision.

The writer, IAP Global Newsletter and associated companies, do not accept any responsibility for any loss suffered by readers as a result of any such decision.