Thinking again about purchasing 1M points in fixed weeks and paying to convert and get elite status at an estimated...

Thinking again about purchasing 1M points in fixed weeks and paying to convert and get elite status at an estimated cost of $10K ($8K to HICV and $2K for the units).  Would anyone be interested in investing $1000 upfront + $500 each December per 100K annual points with elite benefits? (25% advanced booking savings before 8 months, unlimited upgrades, signature 9 months out, non-signature 12 months out, unit-specific reservations, free point shield)?  We'll call it fractional elite ownership.  

Assuming it takes a year to complete purchase, you'd pay $1000 now, $500 in December, and get 100K 2016 points in mid-2016.  We'd put together some kind of contract - fractional owners would get no refunds for canceling but could drop out at any time and would have the ability to renew indefinitely.  If I dissolved the program for any reason, then you'd get your $1000 back plus a refund on any unused points.

I'm on the fence with buying up a bunch of units and doing a conversion - having a few people to go in with me would make it a lot easier.  I'd be looking to sell 500K-1000K annual points (if I sold the full 1000K, then I'd just rent additional points for myself at the same $500/100K).

-Scott

I made a call today to do a reservation for williamsburg and the agent told me the new holiday inn club in Arizona...

I made a call today to do a reservation for williamsburg and the agent told me the new holiday inn club in Arizona is open but they are not taking reservations yet. if you haven't see it yet here is the link http://www.ihg.com/holidayinnclubvacations/hotels/us/en/scottsdale/phxcv/hoteldetail it will show by the end of the year.
http://www.ihg.com/holidayinnclubvacations/hotels/us/en/scottsdale/phxcv/hoteldetail

Hey Scott

Hey Scott, 

Just won a bid on ebay for $10 for another 107,000 points.  That will put me at 272,000 all with resales.  I'm wondering if I could buy 30,000 from HICV and get preferred status?  Any thoughts?

Hi Guys!

Hi Guys!  New to the Community.  I have a deeded two bedroom at South Beach which converted to 150,000 points, and I bought 15,000 points at Lake Geneva.  I'm looking at a deed back for a DRI 3br lockoff and to expand my HICV, but was doing so on the idea that I could get Preferred status at 300,000.  Now I'm not sure if this will work.  

Also, I have heard, not sure if its accurate that odd/even count as half points each year.