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Crazy idea - Real estate vs bitcoin

21日 之前
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I recently sold a home needing a ton of repairs with a non working HVAC and many other things needed. I technically could have found people on Craigslist to pay for space but it'd be one person in the extra bedroom and one in the oversized living room in a divided space, and with my job and debts I'd be breaking even or maybe a couple hundred extra a month for another four years (until 2030) when I'd start saving 400-600/month toward the 20-30k to finish it out. The home was worth 120-150k, a small townhome.

I sold the home and broke even on the cost of repairs vs value pretty much and am renting a small apartment for a couple hundred less than the tenant scenario would cost. I've started hacking away at debt but I'm also DCAing into BTC every week. If we follow the four year cycles, maybe this idea will look great. On the other hand, I miss my old place and am also saving cash and stocks for a down payment and hopefully the RE market in the Sun Belt will continue to decline slowly so I can scoop up something in good condition.

Have I gone totally insane or is this a decent plan? Any constructive suggestions welcome.

submitted by /u/ScrotusAmongus
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21日 之前
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