I’ve held rental property and I’ve held bitcoin.
Problem after problem, property tax, insurance, property manager fees. Held property for 3-5 years and the expected ROI will be pennies compared to holding btc.
Trying to rotate out of the rental property and into btc asap.
Praying for a dip as well!
I'd be curious to see the breakdown on this as I've done both also in a similar time frame, and Im trying to figure out the best way forward. We bought a duplex and moved into half in the fall of 2020. Weve now moved out and it is a rental property. It obviously hasn't appreciated as fast as BTC, but due to the gov backed leverage and insanely low interest rates it has done fairly well in comparison to BTC. Unless there is someway to access similar leverage and interest rates for BTC, it seems that 1-2 rentals can actually help with the BTC journey. I use any profits to stack sats.
Ooof just ran the numbers now that we are under contract.
$50k initial investment into rental prop
$130k return
$80k net gain
If I purchased BTC at time of purchase and sold at time of sale (roughly)
$15k BTC purchase price =3.3333 BTC
$110k sales price
$315k net gain
