Inside Track's Jim Moore to set up property vulture fund.

It's interesting times in the world of property, as we continue to see the fallout of the poorly conceived rise of the new build city centre apartment.

The vulture landlords are starting to peck at the carcasses of unfortunate, ill advised property investors.

Often these struggling property investors bought apartments through 'rip off' property investment clubs.

The most high profile of these was Inside Track, which recently went bust, leaving many angry and frustrated 'members'. Many of these investors have lost £100,000's on poorly advised and mis-sold property investments.

The founder of Inside Track , Jim Moore is now looking to set up a £500 million 'property vulture' fund, that he proposes will buy them back at hugely discounted prices.

Any thoughts or comments from Inside Track ' members' much appreciated.