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OUR 2020 HIGHLIGHTS

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It’s been a trying year for all but we are thankful that we were able to achieve so much and cross off a lot from our to do list for the year. Lockdown 1 put us under a bit of strain trying to continue as best we could on skeleton staff and on our renovation project sites, obtaining supplies/orders being the biggest aggravation but we persevered! ⠀

The Lockdown allowed us to ‘ramp up’ our plans that we had for 2020 and bring forward some of our ideas/initiatives, which we were planning to do over the course of the year but we decided to seize the day and get these done. Here’s a short list of what we have managed to implement:⠀

➕ Systemise our practices and procedures, creating and developing our own in house CRM software system⠀
➕ Development and exposure of Target Five on Social Media⠀
➕ Staff undertaking The Property Entrepreneur year long training course⠀
➕ D2V implementation on a large scale⠀
➕ Developed and gone live with our new website⠀
➕ Increased the T5 team ⠀
➕ Forged new partnerships with specialist professionals incl; solicitors, planning officers, architects, building control and construction/development finance brokers⠀
➕ Onboarding with new investors/JV investors ⠀
➕ Completed 11 renovation projects, seeing great returns for our investors⠀
➕ Successfully funded our first crowdfund project ⠀
➕ Won the Best Investment and Development Company – East Sussex award ⠀

We are excited for 2021 and the opportunities we are securing, remaining focused, committed and motivated.

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BEST PROPERTY INVESTMENT & DEVELOPMENT COMPANY IN EAST SUSSEX

BUILD Magazine’s Real Estate Property Awards have chosen Target Five Property Consultants as winner of The Best Investment & Development Company – East Sussex.⠀

After the year 2020 has been for all and our team it’s great to receive recognition and an award (which is still being produced ?).⠀

This award goes to show hard work and tenacity pays off even during a pandemic!. We couldn’t have done it without the T5 team effort and support from @ccrdryliningltd @focus_brighton @brightonrenovations @bpmarchitecturalservices and of course @whaleback.ltd ?⠀

You can find out more about BUILD magazine and the other award winners here https://buff.ly/3gc7sog⠀

We’re Target Five, experienced property consultants in Brighton & Hove. ⁣⁣⠀⠀
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Our services include:⁣⁣⠀⠀
? Property investment, sourcing and development⁣⁣⠀⠀
? High yield buy to let portfolio building⁣⁣⠀⠀
? Land development and planning gain⁣⁣⠀⠀
? Property consultancy, income improvement and HMO advice⁣⁣⠀⠀
? Fixed return investment⁣⁣⠀⠀

Want to find out more about property investment and working with T5, get in touch: information@targetfive.co.uk

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RINSE & REPEAT

It is relatively easy to find one good property – the challenge comes with a consistency of product and a cohesive portfolio. As every start-up is asked, “It’s a great idea but is it scalable?”. Once you have a scalable property strategy then things become interesting. ⠀

You can define your approach, your rental or sales market and get your refurbishment package and team together. Then sort out your finance entry and exit, with multiple options and you are away!⠀

You can then build relationships and repeat it. Rinse and Repeat. The great thing is with a successful refinance model, only a small portion of your initial investment is left in. Target Five have been following this buy, refurbish and refinance model ourselves and for other people for 8 years. We have completed more than 200 of these type projects and our record is second to none. We focus on areas that we know and with finance partners we have used before. ⠀

T5 have just started a crowdfunding raise for one of these properties and would love to take as many as possible on the journey. To find out more please visit https://buff.ly/2Dzud6O).⠀

Investment in property related assets puts your capital at risk and returns are not guaranteed. Please read the full risk warning at https://buff.ly/3cXqsWh before deciding to invest. Past performance is not a guarantee of future results.

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Buying Below Market Value

I have always disliked BMV as a concept. For too long, it has been the focus for so many training companies and has become people’s strategy, essentially buying anything as long as it’s cheap. Exploiting people’s situations for profit, but also buying in a haphazard way without any real strategy. Basically: lose-lose. Sellers feel short changed and buyers end up with a hotpotch of properties without any unifying goal or aims (as well as being impossible to manage).

BMV is coming about though in a way that is win-win. There is turbulence at the moment and where there is turbulence and uncertainty, then comes buying opportunity. Some people are nervous and exiting the market voluntarily, having made money on their properties. Many long-term landlords are voluntarily exiting. This creates an arbitrage opportunity and where, potentially, the real value is to be found. This means that we are now seeing the chance to buy great quality, central properties in our chosen area with great value. A win for all!

T5 have just started a crowdfunding raise for one of these properties and would love to take as many as possible on the journey. To find out more please visit https://www.leocrowdfunding.com/property/detail/west-buildings-hmo-development-by-targetfive-t5 or on our Opportunites page.

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/riskbefore deciding to invest.

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Target Five Property Consultants – HMO Journey So Far

Since our formation in 2013 we have established ourselves as experts in the HMO property development field having undertaken 350+ renovations.⠀
It has been interesting putting together this post and pictures to see how far we have evolved from what was; I guess we shall call ‘standard & compliant’ HMO renovations that were similar across the country.⠀

The type of HMO being offered to let now has vastly changed due to the changing needs and expectations of the tenant, who want and deserve a level of luxury in their shared accommodation. Taking the above into account, we have had to evolve and adapt our model quickly and with consideration. ⠀

Changes we have made: – ⠀

? We view every new property as an opportunity and challenge to shake things up. With each new property we hold interior design brainstorming sessions, which we then develop into mood boards.⠀
? Each property is CAT 5 & broadband ready, with USB ports located in the ‘useful’ places.⠀
? Considered and thoughtful living spaces, designed to be practical for coliving homes.⠀
?Casual spaces such as hallways and landings are not forgotten and are given a little extra something, whether it be a feature wall, amazing paint effect or vinyl art.⠀
? En-suite showerrooms: this change we feel is a must given the current climate of the coronavirus, being able to offer your tenants as much of their own safe space as possible! not to mention the end rental figure achieved for our investors.⠀
? Bespoke furniture: here we focus on our interior design and what will work within budget but also be durable! Using companies that specialise in landlord furniture packages, such as @landlordfurnitureco who offer fantastically designed furniture for all concepts and budgets.⠀

And much more!⠀