0:55 AM, 22nd July 2022, About A year ago
Hindsight can be a wonderful thing, can’t it? When you look back at a smart decision you made and see how well it’s worked out for you. But it can also be painful when you look back at a decision that you regret and hasn’t worked out well at all.
Hindsight is even better when you can look back and see how well you read the signs, and how carefully you weighed your options, to make that smart decision. But it’s even more painful when you look back and see that the warnings were there all around you, and you simply ignored them and made the wrong choice as a result.
So what will hindsight hold in store for you as the landlord rental market changes radically around you and property prices start to fall? Will you be patting yourself on the back, or will you be licking your wounds?
Looking back at my own decision to sell my property portfolio, I have absolutely no regrets. I could see that the property market was reaching a peak and that profits were there to be taken. I could also see that in the post-Covid economy, those property prices were not going to last long. Add in the ever-increasing regulations on landlords and the changes to tax legislation, and selling was a no-brainer. In hindsight, it was the best decision I ever made.
I am not the only one cashing in before I miss out. Landlord Sales Agency helped one Hastings landlord sell twenty-four flats for £2.256 million in just nine days. Another, who initially asked Landlord Sales Agency to sell 35 of his properties, was so pleased with the speed and simplicity of the service, that he handed over the rest of his 200+ property portfolio for them to do the same.
As they count their cash and enjoy their freedom from the stress of the new property rental regime, they’re all looking back at a good decision, well made. The question you need to ask yourself, is what will hindsight be like for you? Will the next year bring you relief or regret?
The profits are certainly there to be taken, with markets at an all-time high, but the warning signs are there too. All the experts expect growth to slow, or even reverse in the coming months, with the potential for a property market crash, or at the very least a significant adjustment. By the time this starts to happen, it will be too late to cash in. Prices will be dropping, and if past cycles are anything to go by, they won’t be as high again for around seven years.
Miss the boat on leaving the market and those seven years could be very expensive. Given the choice between money in the bank, with the chance to lose the headaches and retire, or all the money landlords are going to have to fork out as the government makes things tighter and tighter, I’d pick cashing in every time – especially when the Landlord Sales Agency makes it so simple.
You can join me, and dozens of other landlords who have taken their profits quickly and easily with the help of the Landlord Sales Agency. They can take on your entire portfolio and sell it within 28 days for up to 95% of the market value. Not only that, but they will take care of everything on your behalf, from dealing with existing tenants to organising any repairs and refurbishments that are needed to sell. You just sit back and wait for the money to arrive in your bank.
Given that property prices have risen by around 13% in the past year alone, it’s a small price to pay to cash in at the top of the market in such a swift and stress-free way.
So, what will hindsight be like for you in six months’ time? Will you be kicking off your shoes on a cruise, enjoying the rewards of your past investments? Or will you be kicking yourself until you bruise, as the markets collapse around you and your costs rise every month?
We’ve had a good run of it. It’s now time to take the lump sum, retire and relax. There’s not much time left to sell at the best price, but you’ll have plenty of time to regret it if you don’t.
To find out how you can cash in quickly and easily on your property portfolio, contact the Landlord Sales Agency today.
Looking back, it will be the best call you ever made.
Previous ArticlePortfolio landlords research by Handelsbanken
Next ArticleService Charge Dispute - Multiple Managing Agents?