UK Landlord Forum / Life

For those of you who have money invested in property, would you still come out on top if you sold your property(s) right now, and assuming that the market remained relatively static for the next 4-5 years? This question will most likely apply to the new'ish buyers, unless someone made a really bad purphase a while back.

Ye good question fag.
If i sold now i would still come out on top, reason being the places i got i brought for way under the asking price and also market value,
One of them i got for 154k knowing the market would demand 175k.  So in theory i made 21k as soon as i signed the paper work.  The market would have to drop a huge amount for me to be neg equity.  Even the market crash of the late 80s wasnt that bad.
Its always good to look for property where the seller wants to get rid quick, best one is if the have an unmovable deadline, ie they are moving to Aus or something, so they have to sell what ever the price.  Mates are a good call aswell !.
So yes i would be ok, what about fag !

I didn't actually buy under market value (at the time), but I did buy a few years ago, so I did benefit from the booming market. The market would need to be hit pretty hard for to struggle.

I purchased a property for 156k almost 2 years ago; it's now worth 195k, so I'm in a pretty similar situation to you. I also purchased a similiar property last year, which isn't currently as profitable (but would still make me a fair bit of money if I sold), but I managed to get a great mortgage deal, so the rent is paying for a repayment mortgage. In 5 years (assuming the market will remain stable), I should be in a much better position.