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As far back as I remember I wanted to be a real estate investor.

I studied the Buy, Renovate, Refinance, Repeat (BRRR) model and thought I’d house-hack my way into wealth.

Once Bitcoin clicked for me that all changed. Now I see how silly it truly is that a huge amount of the population uses houses as a savings vehicle. This causes real estate to carry a massive monetary premium above its utility value.

I would still like to own a nice property for myself and my family eventually but there really is no second ₿est when it comes to saving.

The opportunity cost of owning anything other than #Bitcoin right now is insane.

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Discussion

R 9mo ago

Does the buy renovate sell part still interest you as a way to produce income?

Satoshi_shrugged 9mo ago

It definitely does but the cash flow aspect of real estate was always what was so attractive to me.

I have considered a modified model where you periodically pull out equity to acquire more BTC.

However, managing rental properties is such a massive headache I’m unsure if it’s worthwhile.

Possibly NNN properties once I have enough capital could be interesting.