I have spoken a lot about what you need to do to potentially make a long-term-hold investment work. In order to be successful you have to tick every box and ensure every stage of the process has the right plan and people in place to facilitate it. ⠀
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The stages you need to cover are: ⠀
1. Buy the right property (size, planning state, suitable for purchase) ⠀
2. For the right price (minimum of 25% profit on cost on initial spreadsheet) ⠀
3. In the right location (for market and multiple exits) ⠀
4. With the right plan (for cost, quality and market) ⠀
5. Executed correctly (right contractors, project managed well) ⠀
6. Done on time (to ensure onward rental and to hit refinance deadlines) ⠀
7. That hits or exceeds target valuation. (on refinance or sale). ⠀
8. That rents well (to the right market at the right price) ⠀
9. With little or no voids ⠀
10. With minimal maintenance and ongoing issues. ⠀
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Easy isn’t it! ?⠀
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We have been doing this for years and have just started a crowdfunding raise for a 6 year, buy, refinance and hold strategy. We would love to take as many as possible on the journey. ⠀
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To find out more please visit https://www.leocrowdfunding.com/property/detail/west-buildings-hmo-development-by-targetfive-t5⠀
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Investment in property related assets puts your capital at risk and returns are not guaranteed. Please read the full risk warning at https://www.leocrowdfunding.com/risk before deciding to invest. Past performance is not a guarantee of future results
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