Rat and Mouse
Tue
29
Apr
Inside Track folds

As a symbol of an era now passed, Inside Track does pretty well. A property investment company and seminar school that promised property riches and a live on easy street, it taught buy-to-let landlording and off-plan property flipping to a generation of get-rich-quick clients who knew only a rising market. To be fair, some of its early customers might have done very well. But those days are over. As is Inside Track, which went into administration this morning. And according to this, today brings a bit of a double whammy for Inside Track boss Jim Moore:

In 2004, his marriage to Kim broke up. The couple have since been arguing over a settlement. Today, a court will announce that the former Mrs Moore has been awarded £15m.

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Comments

Inside track was always likely to have problems as soon as the property market hit problems. Which we all know happens ever so often. However, there is a general conscience among a few property investors that this is a tactical decision and that their parent company "instant access" will still go on but without the brand inside track for now. But that when the time comes, they will resurface in a form with a different look, brand and maybe a slightly different message.

http://www.investment-property-guru.com

Posted by Carlton at April 30, 2008 3:53 PM


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