Here are my thoughts on how Bitcoin stacks up to real estate investing.
A couple of weeks ago, I was presented with an investment opportunity when my neighbor informed me that they were putting their property up for sale. Around the same time, I was alerted to an investment opportunity of a very different stroke. Believe it or not, I soon found myself asking these questions: Do I invest in real estate or Bitcoin? Or do I invest in both? Now, I’m not a financial advisor, but today I want to walk you through my decision-making process, sharing the pros and cons of each investment along the way.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to skip to topics that interest you most:
0:45 — Truth be told, I had been somewhat of a Bitcoin hater for a long time; what changed?
2:30 — Bitcoin Pro No. 1: The appreciation opportunities
3:00 — Bitcoin Pro No. 2: The ease of use
3:28 — Bitcoin Pro. No. 3: Media exposure
4:05 — Bitcoin Con No. 1: Depreciation can occur at any time
4:51 — Bitcoin Con No. 2: There’s no government backing
5:45 — Bitcoin Con No. 3: The low use case
6:22 — Real estate Pro No. 1: The history of resisting inflation
7:32 — Real estate Pro No. 2: Government backing
7:54 — Real estate Pro No. 3: Amortization
8:37 — Real estate Con No. 1: It’s far from hassle-free
8:50 — Real estate Con No. 2: The cost of maintenance
9:30 — Real estate Con No. 3: The long transaction timeline
10:10 — All things considered, what did I decide to do?
At the very least, I hope you found this to be an interesting topic. Again, I’m not interested in misleading anyone; I’m just someone who likes to make thoughtful investment decisions. If you have any questions about real estate investing, don’t hesitate to give me a call or send an email my way. I dabble in crypto, but real estate is my forte. It’d be my pleasure to offer my advice on any real estate investment opportunity you’re interested in.