Bought my first revenue property in 2017 and found myself with a nightmare tenant that was extremely hard to deal with. I managed to get a much better tenant but it pushed me out of the RE game and into BTC.
Bold claims often pave the way for bold actions; they challenge the status quo and inspire others to aim higher, think bigger, and push beyond the boundaries of what is believed to be possible.
I really enjoy your videos because you have a financial education background and it can give completely different aspects on bitcoin that others don't talk about or don't have the knowledge to make a video on. Bitcoin allows me to own something in times were rich people don't want me to "own anything and be happy."
This is one of the best videos I have watched in a long time, I am 24 years old and tryna decide if I wanna buy a home or not because I understand btc and want to only save in that so this is really good, thank you!!
I’ve been on the fence about real estate for a while, and this video really seals it for me-Bitcoin feels way less complicated! I recently started investing with My Digital Money, and it's honestly made the whole process so much simpler. Anyone else looking into Bitcoin for long-term savings?
There is a lot of good information on your presentation. That said my experience with real-estate is life changing that much that I retired at 55 years ago. And the best thing is the BTC that I purchased with positive cash flow after my living expenses. I like the hard work you do to make intelligent presentation. And yes today everyone would benefit more buying BTC.
Nice video. Your video makes sense. But what about first time home buyer. If they don't buy house they will end up paying huge amount only in rent without having eny equity.
I'd like a home eventually once prices get cheaper. For now I'm renting but don't want to rent forever cause eventually my rent will be $1000+ and not looking forward to that. I don't mind having some money in bitcoin but real estate will continue to be in demand unless people stop making babies which zero percent that's happening. There will be another generation of people that need somewhere to live and so on. It's a lot easier to find someone in the US that's interested in living in a home than buying a digital currency
Awesome videos Rajat. Please educate us about transportation from a Bitcoin perspective. I have never seen this topic covered. Let's say you needed a vehicle for mobility. Is it better to lease, finance, or buy in cash.
Property Owners who rent will tire of the Revenue Stream Risk, Damage Caused by Tenants, Taxes, Maintenance and Insurance Costs !!! They will trade their High Maintenance Property for Pristine, Secure, Guaranteed Scarce, and MOBILE Property, which is Bitcoin ❤. The Wealth Transfer into Bitcoin will be in the Trillions as measured in US Fiat 😊
The juice has been squeezed with real estate. The economic premium is too high in many places and regular people can’t afford homes. Society’s destabilize when people can’t afford food and shelter. Governments eventually will put restrictions on using SFH as investments, restricting a bunch of capital from flowing into the asset class leaving it no where to go. People will discover bitcoin. Bitcoin going to 10million a coin doesn’t effect peoples lives negatively, but single family homes going to 5million does.
but the thing is we kinda dont have a choice and have to live somewhere so either we are stuck with a mortgage or stuck renting and in canada both are very expensive
but real estate as an investment i would much rather bitcoin, its just we need to spend money to live somewhere while we stack sats and slowly pay off a mortgage
A relative bought a house in 2019, the value of the house has gone up but she had issues with tenants, they were not paying rent and it took months before they left and they made a mess of her house before leaving.
I lived the apprenticeship of an investment property!!!! Its doesn’t add up at all !!!! Selling the item can take 6 months to clear once you decide to sell !!! 💯 it’s gambling……. And good luck beating inflation I lived it !! Massive chain around your neck big leverage against yourself!!!! It does not matter what the value is dictated at it’s only a true value once you have a buyer and money is in your account…… Property investment was bitcoin to a boomer current day !!!! Its that simple……
Plus government imposed taxes on sale and purchase of the same property of a span of 5 years says that it's the banks and government are responsible for the jacked up prices of the property.hence the reason for so many homeless people in the US .
to suggest realestate is more speculative than btc is a stretch realestate data on certain areas has been gathered over decades with hard data showing cagar people wiil always need somewhere to live and high end realestate will always be a desirable asset, btc has yet to decouple itself from being anything more than a high beta play on the qqq dosnt mean it wont but its not there yet.i apprecate your enthusiam for btc and your channel but easy on the kool aid rajat🤣
@@rajatsonifinance not all property is equal ..to group all property in one cohort is naive if you read the orignal post i clearly say " certain areas" property is a veblam product how much pure waterfront property is there? im not talking about cookie cutter houses in the burbs
You buy it & use it & it gets older, so it looses value, the price will rise because of printing Fiat. Everything that can be produced will become cheaper in time. There are some rare exceptions, but regular housing is not one of them.
As a landlord…. I think you’re a little bit out here… lots of facts but played out a bit misleading. I’ve nearly paid 4 houses off since 2009. Definitely risks…. But many professional landlords do understand and the fact that you’re saying this info with such certainty can indirectly lose a bit of credibility with bitcoin. You’re knowledge is in bitcoin please don’t try and find the worst figures because you have a personal disliking to rentals… That aside… loving the channel
I completely agreee with you Rajat, but can’t you say the same thing about Bitcoin and how it is a gamble as well? I am into BTC and love it and have been trying to get more and more. I don’t own any real estate but I’m wondering that isn’t BTC a gamble as well?
It definitely is a gamble but he is biased. There's always going to be another generation of people looking to live in a home. I don't mind having money in bitcoin but eventually I'd like to buy a home for myself and future wife + kids to live in. I can't rent forever since prices will continue to rise on rent. And maybe own some real estate for income too for something else other than stocks for multiple streams of income
Bitcoin isn't a gamble because the supply is predetermined, it's not controlled by humans, and nobody can change Bitcoin. Bitcoin is also a global asset. On the other hand, real estate supply is constantly changing, and banks can fully control the demand side of the equation.
RE is not a good investment. I used to have 3 rentals and it was a nightmare. Property tax, insurance, maintenance and bad tenant. As soon as one if my tenant left, I sold one property and invested the cash in stocks.
I always thought that home ownership was a good investment but after watching this video, I'm not so sure anymore! It might be a good investment, but for who??? That is the question. I do have a question... does a mortgage calculator work for student loans?
Yes it does, amortization calculators work for all debts with a fixed payment and balance that gets paid off over time. And for sure, I have a couple of real estate vs Bitcoin videos that I made over the last few mnths!
Absolutely, it is speculative, especially in these uncertain times. The potential downside is massive with all the moving variables you mention here. Also, you can't get off the hamster wheel. Just think of the mental and physical damage this worry does to you - no thanks.
ALOT of Fiat Bros need to hear this. Way too many RE lovers think BTC is speculative but the shit they own themselves only have value because the dollar is trash. What happens when BTC becomes more of a SoV? Houses go back to their utility value
Facts. That is because what is risky has been deemed safe and what is actually safe has been deemed risky. Fiat thinking is lop-sided. BTC is safe while everything else is risky as there isn't certainty of supply.
Governments need money badly. Just remember goverments are like a huge vacuue money machine until they get unplugged. Will my home equity will that be taxed? A very good chance, I would say.
Well it’s not always about the property going up in value, but to create cash flow and someone else pays the mortgage. Yes tenants can be a PIA. I’ve been a landlord and will prob do it again only with a condo at the beach and short term rent it. I don’t care how much the bank makes if someone else is paying for it! As long as I make cash flow and the mortgage gets paid. 😂
This is the problem. Most landlords are selfish. They dont care about their tenants. They don't see what's wrong with having someone else pay their mortgage so they can live a life of luxury. This is what's destroying society.
How do the interest payments become thay expensive? I don't ge that part. If the interest is let's say 4% and the loan is 100k, that's only 4000$, but the actual amount paid will be much greater than thay number. Granted I haven't done a ton of research on this exact thing but it's always confused me
It’s because of compound interest on the principle. Majority of the mortgage payments are paid on the interest instead of the principle the first couple of years so it compounds really fast.
You pay back the loan over time, you pay a fixed payment every month for 30 years, and each month you pay off a bit of the principle, and the rest goes to interest until you've paid off everything
How do governments enforce a property tax on an asset they dont even knkw exists? If someone loses their coins how is a property tax going to be enforced?
Bought my first revenue property in 2017 and found myself with a nightmare tenant that was extremely hard to deal with. I managed to get a much better tenant but it pushed me out of the RE game and into BTC.
Sorry to hear that, but I guess it worked out! Everything happens for a reason
Smart move.
Blessing in disguise
Bold claims often pave the way for bold actions; they challenge the status quo and inspire others to aim higher, think bigger, and push beyond the boundaries of what is believed to be possible.
Agreed! Hopefully this makes more people question real estate investing
One should step aside of that race ASAP .
I agree! Been selling my portfolio to exchange for real money since 2021…
Great choice
I really enjoy your videos because you have a financial education background and it can give completely different aspects on bitcoin that others don't talk about or don't have the knowledge to make a video on. Bitcoin allows me to own something in times were rich people don't want me to "own anything and be happy."
Thank you, and yes you're 100% right. The rich want to own everything.
This is one of the best videos I have watched in a long time, I am 24 years old and tryna decide if I wanna buy a home or not because I understand btc and want to only save in that so this is really good, thank you!!
🤝🏼
I appreciate all your hard work. Your content is consistently top-notch and incredibly engaging. Keep up the fantastic work!
Thank you for the super thanks!! I appreciate it 🤝🏼 and I'm happy you like the content! Goal will be to continue creating better and better videos
Yes Sir I agree, real estate has outlived its usefulness as a store of wealth or speculative investment. Great video.
It doesn't work without fiat!
True talk 👌
🤝🏼
I’ve been on the fence about real estate for a while, and this video really seals it for me-Bitcoin feels way less complicated! I recently started investing with My Digital Money, and it's honestly made the whole process so much simpler. Anyone else looking into Bitcoin for long-term savings?
Once you see it, you can't unsee it
Leaving a comment
🤝🏼
Great explanation
I’ve contemplated selling my house and taking all the equity to buy bitcoin. Rent for a few years and see what happens 😅
Tbh I like the stability of owning a home because the mortgage payment isn't changing and my income fluctuates
There is a lot of good information on your presentation.
That said my experience with real-estate is life changing that much that I retired at 55 years ago. And the best thing is the BTC that I purchased with positive cash flow after my living expenses.
I like the hard work you do to make intelligent presentation.
And yes today everyone would benefit more buying BTC.
Thank you, and yes real estate can work but it's much slower than Bitcoin
Real estate growth rate at 5% while inflation is 7% is so tough 🤣🤣 on top of a mortgage
Insane. And the RE investors still don't get it because they get to use leverage. It's all going to fall apart in the coming decades.
@@rajatsonifinance but i make "cash flow" bro?
🤣🤣
This is really good.
🤝🏼
Nice video. Your video makes sense. But what about first time home buyer. If they don't buy house they will end up paying huge amount only in rent without having eny equity.
I'd like a home eventually once prices get cheaper. For now I'm renting but don't want to rent forever cause eventually my rent will be $1000+ and not looking forward to that.
I don't mind having some money in bitcoin but real estate will continue to be in demand unless people stop making babies which zero percent that's happening. There will be another generation of people that need somewhere to live and so on. It's a lot easier to find someone in the US that's interested in living in a home than buying a digital currency
If it's a home you're living in, it's a different analysis
Excellent video - makes total sense - people have a fantasy view of RE investing that does not match the reality!
Thank you! And yes I agree
Awesome videos Rajat. Please educate us about transportation from a Bitcoin perspective. I have never seen this topic covered. Let's say you needed a vehicle for mobility. Is it better to lease, finance, or buy in cash.
I made a video about this earlier, comparing a more expensive car vs a cheaper car!
Property Owners who rent will tire of the Revenue Stream Risk, Damage Caused by Tenants, Taxes, Maintenance and Insurance Costs !!! They will trade their High Maintenance Property for Pristine, Secure, Guaranteed Scarce, and MOBILE Property, which is Bitcoin ❤. The Wealth Transfer into Bitcoin will be in the Trillions as measured in US Fiat 😊
For sure.
The juice has been squeezed with real estate. The economic premium is too high in many places and regular people can’t afford homes. Society’s destabilize when people can’t afford food and shelter. Governments eventually will put restrictions on using SFH as investments, restricting a bunch of capital from flowing into the asset class leaving it no where to go. People will discover bitcoin. Bitcoin going to 10million a coin doesn’t effect peoples lives negatively, but single family homes going to 5million does.
Yes exactly. They'll do it to look good but they will pop the bubble.
but the thing is we kinda dont have a choice and have to live somewhere so either we are stuck with a mortgage or stuck renting and in canada both are very expensive
but real estate as an investment i would much rather bitcoin, its just we need to spend money to live somewhere while we stack sats and slowly pay off a mortgage
Yes for sure, everyone needs a house to live in!
A relative bought a house in 2019, the value of the house has gone up but she had issues with tenants, they were not paying rent and it took months before they left and they made a mess of her house before leaving.
Not even worth it
I lived the apprenticeship of an investment property!!!! Its doesn’t add up at all !!!! Selling the item can take 6 months to clear once you decide to sell !!! 💯 it’s gambling……. And good luck beating inflation
I lived it !! Massive chain around your neck big leverage against yourself!!!!
It does not matter what the value is dictated at it’s only a true value once you have a buyer and money is in your account……
Property investment was bitcoin to a boomer current day !!!! Its that simple……
Insane right? More people will figure this out
Plus government imposed taxes on sale and purchase of the same property of a span of 5 years says that it's the banks and government are responsible for the jacked up prices of the property.hence the reason for so many homeless people in the US .
They want to extract as much wealth from us as possible
to suggest realestate is more speculative than btc is a stretch realestate data on certain areas has been gathered over decades with hard data showing cagar people wiil always need somewhere to live and high end realestate will always be a desirable asset, btc has yet to decouple itself from being anything more than a high beta play on the qqq dosnt mean it wont but its not there yet.i apprecate your enthusiam for btc and your channel but easy on the kool aid rajat🤣
It's not kool-aid, it's reality. 10% of homes in the US are UNOCCUPIED. Houses are abundant, Bitcoin is not.
@@rajatsonifinance not all property is equal ..to group all property in one cohort is naive if you read the orignal post i clearly say " certain areas" property is a veblam product how much pure waterfront property is there? im not talking about cookie cutter houses in the burbs
You buy it & use it & it gets older, so it looses value, the price will rise because of printing Fiat.
Everything that can be produced will become cheaper in time. There are some rare exceptions, but regular housing is not one of them.
Yes for sure
As a landlord…. I think you’re a little bit out here… lots of facts but played out a bit misleading.
I’ve nearly paid 4 houses off since 2009. Definitely risks…. But many professional landlords do understand and the fact that you’re saying this info with such certainty can indirectly lose a bit of credibility with bitcoin. You’re knowledge is in bitcoin please don’t try and find the worst figures because you have a personal disliking to rentals…
That aside… loving the channel
Since 2009, there hasn't been a downturn. I think a lot of the people who bought in 2020 onwards are going to feel the pain. I used to be a realtor!
Can you make a video comparing investing in Bitcoin to investing money in a private label Amazon FBA online business? I'm really curious about this.
Tbh I don't know much about the FBA business, there are a lot of nuances that I wouldn't be able to explain.
I completely agreee with you Rajat, but can’t you say the same thing about Bitcoin and how it is a gamble as well? I am into BTC and love it and have been trying to get more and more. I don’t own any real estate but I’m wondering that isn’t BTC a gamble as well?
It definitely is a gamble but he is biased. There's always going to be another generation of people looking to live in a home. I don't mind having money in bitcoin but eventually I'd like to buy a home for myself and future wife + kids to live in. I can't rent forever since prices will continue to rise on rent. And maybe own some real estate for income too for something else other than stocks for multiple streams of income
@@AlexWebergNeither of you understand Bitcoin obviously. I would explain it, but not for free. Goodluck 🙏 📉😢
Bitcoin isn't a gamble because the supply is predetermined, it's not controlled by humans, and nobody can change Bitcoin. Bitcoin is also a global asset. On the other hand, real estate supply is constantly changing, and banks can fully control the demand side of the equation.
RE is not a good investment. I used to have 3 rentals and it was a nightmare. Property tax, insurance, maintenance and bad tenant. As soon as one if my tenant left, I sold one property and invested the cash in stocks.
One of the most difficult investments to manage and it doesn't pay enough
I always thought that home ownership was a good investment but after watching this video, I'm not so sure anymore! It might be a good investment, but for who??? That is the question. I do have a question... does a mortgage calculator work for student loans?
Yes it does, amortization calculators work for all debts with a fixed payment and balance that gets paid off over time. And for sure, I have a couple of real estate vs Bitcoin videos that I made over the last few mnths!
Absolutely, it is speculative, especially in these uncertain times.
The potential downside is massive with all the moving variables you mention here.
Also, you can't get off the hamster wheel.
Just think of the mental and physical damage this worry does to you - no thanks.
Exactly. It's not even worth it for 3-5% returns
@@rajatsonifinance Yep, or the headaches.
ALOT of Fiat Bros need to hear this. Way too many RE lovers think BTC is speculative but the shit they own themselves only have value because the dollar is trash. What happens when BTC becomes more of a SoV? Houses go back to their utility value
Facts. That is because what is risky has been deemed safe and what is actually safe has been deemed risky. Fiat thinking is lop-sided. BTC is safe while everything else is risky as there isn't certainty of supply.
Exactly. Housing dropping to its utility value is a good thing but people don't see it.
Governments need money badly.
Just remember goverments are like a huge vacuue money machine until they get unplugged.
Will my home equity will that be taxed?
A very good chance, I would say.
I wouldn't be surprised, especially if they want to tax unrealized cap gains
Well it’s not always about the property going up in value, but to create cash flow and someone else pays the mortgage. Yes tenants can be a PIA. I’ve been a landlord and will prob do it again only with a condo at the beach and short term rent it. I don’t care how much the bank makes if someone else is paying for it! As long as I make cash flow and the mortgage gets paid. 😂
This is the problem. Most landlords are selfish. They dont care about their tenants. They don't see what's wrong with having someone else pay their mortgage so they can live a life of luxury. This is what's destroying society.
Now please redo this video as if your were talking to someone's wife.
You’re supposed to be the leader of your house…man.
😂😂😂
@@anewcreature7 thanks, Andrew Tate.
@@alexandrelamarre7586 huh?
@@alexandrelamarre7586you're a soy bum. Divorce inbound 🎉
How do the interest payments become thay expensive? I don't ge that part. If the interest is let's say 4% and the loan is 100k, that's only 4000$, but the actual amount paid will be much greater than thay number. Granted I haven't done a ton of research on this exact thing but it's always confused me
It’s compound interest. It compounds monthly at an annual rate.
Wouldn’t it be nice if it didn’t compound and it was a fixed number! 😅
It’s because of compound interest on the principle. Majority of the mortgage payments are paid on the interest instead of the principle the first couple of years so it compounds really fast.
You pay back the loan over time, you pay a fixed payment every month for 30 years, and each month you pay off a bit of the principle, and the rest goes to interest until you've paid off everything
4k the first year, 3989 the second and so on lol
@@bluecement wow ok I didn't know it compounds for loans like that. Thats just evil
*there’s no property tax on Bitcoin…yet
How do governments enforce a property tax on an asset they dont even knkw exists? If someone loses their coins how is a property tax going to be enforced?
‘Yet’. This guy thought he was dropping knowledge😂 🫠 you can’t do it to bitcoin! 🤔
🎉🎉🎉🎉❤❤❤❤
🤝🏼
Yeeeehahah
✅️
🧡🙏🏼🫵🏼
🤝🏼