Repossession Angels is currently looking for enthusiastic, driven and pro-active investors with experience of Buy-To-Let/Below Market Value.
What is Repossession Angels?
Repossession Angels looks for motivated sellers throughout the UK who mainly are interested in selling their property quickly Below Market Value and/or selling and renting back their property.
We aim to have a large group of ambitious investors collectively offering the best and most ethical BMV property buying service in the UK whilst all expanding our property portfolios; gaining positive cash flow and pulling as much cash as possible from the deals we do.
Why join?
- Be part of a community of like-minded investors - a members forum, regular meetings, conference calls, networking events and workshops;
- Ethical market presence and modus operandi
- Build a BMV, no money down property portfolio within one of the areas currently available;
- Develop a tailor-made marketing strategy specific to your chosen area;
- Cooperative advertising campaigns/economies of scale;
- Moving towards national brand recognition;
- Formation of an ethical trade association with other major BMV companies;
- Working with lenders to provide solutions for vendors;
- Be mentored by an experienced BMV trader (Regional Manager) who will guide you through the whole process of marketing through to landlord/lady responsibilities;
- Competitive bridging finance;
- Free 'Hometrack' Access (definitive guide to UK property market comparables);
- Access to team of well-versed solicitors and mortgage brokers (specialists in BMV) and processing your deals quickly;
- Use of an established and ethical brand with a website dedicated and optimised to your chosen area;
- 0800 response number &24-hour ‘live’ call centre;
- Business Cards;
- Opportunities to sell your leads on to other investors, debt management companies or other Angels;
- Other opportunities within the business and beyond;
- Joint Ventures with other Angels
An example of a successful Angel…
Thierry Lemaire (currently operating in East London/Kent) – has the following combined figure from his last 4 Repossession Angels deals:
- £43,000 cash back;
- £600 monthly positive monthly cash flow and
- £94,000 equity
What will be involved?
Upon joining the Angels, we will spend some time researching your chosen area (if available) according to your needs, strategy and whether deals would be likely to stack. You will also spend a day doing Glenn Armstrong’s BMV course; be assigned an amount of postcodes and receive the Repossession Angels Manual©.
Your Regional Manager will visit your local ‘patch’, analyse the competition and focus on specific areas for you to target. He/she will then put together a business and marketing plan specific to you and your portfolio strategy. We will initially run a 3-month tailor-made, localised advertising campaign under the Repossession Angels banner and then fine tune your operation upon the end of that period.
When the calls start coming in, we will guide you about the best way to handle motivated sellers and what to do if they are facing imminent Repossession. Your Regional Manager will be there to guide you through the whole process of agreeing the deal (including the buy-back option if requested); due diligence; negotiation; finance; ensuring everything runs as smooth as possible until completion and making sure you fulfill all your responsibilities as landlord/lady.
By joining the Angels, you are also part of a community where you will have access to the member’s forum where you can benefit from the other angels' experiences, bounce ideas and ask questions. We run regular national and regional networking events and the chance to take part in Angels workshops with the aim of making you better at buying BMV. You will have access to an experienced team that have been used by the most successful Angels (solicitors, brokers, competitive bridging finance, insurance).
What are the Costs?
- Initial Joining Fees
£2,500 plus £100 per month for 1st Years Membership
- 2nd and Subsequent Years
£100 per month
- Recommended £800 - £1,000 spend on advertising per month
- 1.5% “Lead/Admin Fee” per deal done (based on the BMV purchase price of property not the market value) – capped at £2,000.
The initial target for new Angels is for 1 or 2 deals to be done every two months
Final note…
There are many courses, seminars, workshops etc. which will sell you the dream of becoming a Property Millionaire in a short space of time. It’s important to take your time with these decisions and engage in as much research possible before you part with your cash. Please note that this is not a ‘quick fix’ property portfolio strategy – as a member of Repossession Angels you would be required to take a ‘hands-on’ approach to building your business as well as commitment to training and developing yourself as a BMV investor. Please also note, it is not allowed for existing BMV investors to run their own advertising campaign in conjunction with Repossession Angels and members would be required to sign a confidentiality document agreeing this.
Who do I contact?
Please contact Anthony Lyons and copy in the appropriate Regional Manager for the area you are interested in…
Anthony Lyons – Sales & Marketing Director
T: 08453 670 900
M: 07813 788 870
E:
anthony@repossessionangels.com
Thierry Lemaire – Kent & South East Regional Manager
M: 07903 017 126
E: thierry.lemaire@repossessionangels.com
Andres Cruz – East Anglia & Essex Regional Manager
M: 07766 737 932
E: andres.cruz@repossessionangels.com
Kevin McMullen – South Midlands Regional Manager
M: 07812 032 520
E: kevin.mcmullan@repossessionangels.com
Ruban Selvanayagam – East Midlands & Yorkshire Regional Manager
M: 07973 726 069
E: rubanselva@gmail.com
Neil Cox – South Wales and South West England Regional Manager
M: 07932 001 704
E: neilcox@tiscali.co.uk
