RE is such a shitcoin. It’s a bad idea to “own” a rental property

Never do this fam

Reply to this note

Please Login to reply.

Discussion

Especially when they are built to last 15yrs

Yep yep

My first place was a 2 family. I lived in one unit and I and rented the other.

I made out pretty well. But I'm not sure I would want to own a separate rental property now. Tenants have all the rights, you have all the repairs. You get the write offs, but you have to manage the building which is time and money.

If you don't need cash flow Bitcoin is a lot better IMO.

Exactly this. All the money that has gone to upgrade and maintenance and taxes is basically a wash. Never made one penny making this mistake lol

Bitcoin is the cash flow and property all in one 🫂💜