Wait ‘til landlords realize there’s an asset that doesn’t call at midnight about a leaking sink or broken fridge.
Discussion
Or getting sued because your tenants are faking an injury and blaming you for it. Owning property is a huge liability and it’s recommended to own via an LLC.
Bitcoin is better in every way. Liquid. No storage costs.
so many stupid stuff to deal with as a landlord or even as an owner. bitcoin is better every possible way. not even close.
If I was a landlord, I would immediately sell my property to buy bitcoin (in fact, I would have already done it years ago).
Real estate economics make no sense when compared to the returns and ease of holding #bitcoin. No replacement capex is so underrated
absolutely!
Land tax is the biggie
true, we can probably name hundreds of other things that you need to deal with as a londlord.
Yes, the margin for a landlord is razor thin. Probably only break even for the average one with 1-2 properties, where you also have a normal job.
The landlords in this scenario, rarely document their time spent...