Property taxes
Maintenance
Fuel for lawnmowers etc.
Insurance (homeowners is much more expensive than renters)
Unexpected costs
Roof
Renovations
I'm probably missing stuff. There are costs to owning that aren't always passed on to a renter.
Discussion
You could factor all this in and still not account for the time it takes you to account for app this crap. Fuck being a landlord.
Agreed.
I didn't account for a bad renter either which can net you a $10k+ easy.
Bitcoin won't destroy your apartment on you.
most people get into too without knowing how impossible liquidating an investment property is. oh in the US too, all that depreciation youve been reporting for years gets added back in to your cost basis, so your gonna get rekd if you are ever able to successfully get out of the trade.