Just caught your interview on YouTube and will be watching the IREM webinar soon. I’m a CPM candidate working on my management plan now. I recently got one owner entity to add BTC to its balance sheet, adopting the MicroStrategy approach. My reasoning is that the macro environment is going to cause CRE valuations to decline since cap rates are going to elevate with interest rates, and there is no way rents can reasonably and justifiably keep pace. Basically I’m trying to transfer the monetary premium from CRE to a proper store of value. Over time people will stop looking at real estate as an investment in and of itself (treating it like a financial instrument) and instead will focus on the business of selling space, and the physical structure will be a fixed capital asset on the balance sheet. This brings the business in line with microeconomics, where a production function consists of land+capital+labor.

Glad to see another IREM member is on the bitcoin train.