Replying to Avatar Sleventy3

Been a landlord my whole life.

Watching the growth of bitcoin really makes me think....

Bitcoin doesn't have renters with attitudes, leaky faucets, driveway to shovel, roof to replace.... etc

But mostly. No property tax!
Avatar
Passport Jiu Jitsu 7mo ago 💬 1

Haha. That's true. I haven't had any horror stories that made me want to sell everything. Memphis has been fantastically steady rental demand.

Reply to this note

Please Login to reply.

Discussion

Avatar
Sleventy3 7mo ago 💬 1

In 2025 I've spent over 25 grand in repairs.

Its enough for me. I'm done with rentals.

How do tenants break a kitchen faucet 3 times in a year 🤬

Avatar
Passport Jiu Jitsu 7mo ago

I hear ya. Had two big rehabs last year. I might 1031 a couple into newer class A properties with higher quality tenants. Less headaches. But that is longer term.

I do love the tax breaks and depreciation though.