Listening to my girlfriend’s experience subletting a flat makes me realise how much of an utter shitcoin real estate is
Also, people can be absolute bastards.
She’s the kindest person I know and people just take the piss.
In short, buy btc and don’t touch real estate unless you live there or can outsource the whole thing
Yep. I had a tenant for 3 years. No issues. Hit the drugs, got involved in some serious stuff. Stopped paying and trashed the place. It's still empty after a year as I can't afford to do it up again.
The housing market is so vile. I rent. Just under a year ago I had to move because my landlord was selling up. It cost me a few months dca fiat to move. Guess what, its less than a year and...my new landlord is spell ng up and the whole process starts again.
Letting agents are like vulture, they pick on the carcasses of renters. They drive up the price of flats and houses to get commission. I have had to insist they put offers in knowing that they don't bother.
If your better half has a flat in London, I'll rent it from her.
Real Estate is an income generating asset that usually gets favorable tax write-offs.
That being said having a property manager is probably ideal for investors who do not specialize in real estate.
I seriously hope the trend of owning property as an investment dies a death, then people can afford to buy homes to live in again.
Don’t touch real estate unless you want to live there. Period. It costs time, effort, money and emotional stress for less return than . . . you know the rest.
to counteract deep state brainwashing we need an ad of a smiley, pretty 1950s housewife saying this rhyme in an upbeat tone on a crackly recording with the Bitcoin logo somewhere
i agree. my tenants are crap people and i have enough. btc only is way
Any real estate transaction is an instant and also a future loss only. The only time it’s worth it is if you’re actively using it and it provides you the utility and you consider its cost a living expense.
And then the government tax you for purchase, occupancy with council tax, rental income & CGT. If tenants don't try and fleece you, management companies, estate agents, council parasites or the government will.
IF YOU HAD A LANDLORD THAT WAS A BITCOINER AND USING A SIMILIAR "MODEL" AS I AM - YOUR GIRLFRIEND WOULD PAY RENT IN BTC AND GET TO SHARE IN 50% OF THE APPRECIATION IN "FIAT" VALUE OF THAT BTC FOR UPTO 6 MONTH'S AFTER PAYING IT 😉
Why did it take you so long to realize that real state is the biggest shitcoin?
It didn’t I’ve never done it myself
100% real estate is getting worse by the year. Tenant quality keeps deteriorating. The government views homeowners as cows they can just keep milking.
