Every investment has trade offs and most people lose their asses in all of them due to lack of knowledge or more often discipline.
The point here isn't "you should invest in real estate" it is you likely shouldn't talk shit about an investment you don't understand.
(Note that is not specifically directed at you Odell it is a generic statement to the issue.)
The reality is a ton of plebs are young, that is good because they are in early on the best investment of all time. It is also bad as to as real world life experience goes many still have milk on their mouths. I hear stupid shit like, (but what about property taxes and muh insurances).
Tenants pay property taxes, insurance, maintenance costs, they pay for EVERYTHING. Banks provide the capital and the investor takes the risk but gains tax free (mostly) cash flow and equity gain with OPM.
As to jurisdictional risk, I'll start with I would not own a rental in a jurisdiction I would not personally live in. That itself is massive mitigation. I also target properties just high enough in value that when a recession hits there is a key demo to "move down" into them.
Last I will end with I do own real property, I do own metals, I do own bitcoin. I find most people telling me I am doing it wrong and should be "aLL iN oN mUh BiTcOiN" don't even have a full coin. They also have no real property, tend to be renters themselves, work a job, have no real investment success, have. never built a business.
They "mine fiat" and invest in Bitcoin and keep at it. Nothing wrong with that if that is all you want in life.
One of my laws of life is you should never take advice from anyone on anything they have yet to have proven themselves competent at.
I am glad plebs DCA 5 dollars a day or whatever, they should keep doing it, but spouting off about things they don't even half way understand. I take advice about bitcoin from those successful with bitcoin, which isn't hard, buy it and don't sell it. I take advice on business from successful entrepreneurs. I take advice on real estate from people that at least OWN A DAMN house or two.
Bitcoin god willing may end banks as we know them, it will not though end rental properties, entrepreneurship, etc.
