By Living Room Realty, March 26, 2018
My sewer scope guy has had spirals in his eyes about cryptocurrency this past year. And since then, I’ve been keeping a close eye on broker.cex.io. As tempting as it was to throw a few thousand dollars out into the ether, I just couldn’t bring myself to do it because I’m not a numbers person and knowing that, it would just be blind betting. The second I start even reading about Bitcoin or crypto, I fall asleep. I thought about just having him manage it for me, but this last time I asked him how it was going and he told me he was down considerably, I decided it’s too “get rich quick” for me. I’d rather play video crack and at least have some whiskeys if I’m going to throw my money away.
One thing that is for sure is that they’re not making any more land. We sold this little house (800sqft) 3 years ago to our clients as an investment property. They already owned a beautiful mid-century in Woodlawn, then the house behind them came up for sale and they bought that too. Realizing the window was closing for anything under $250k, even in St. Johns, they jumped back in the market again to buy one more rental. It was cute to start, it needed some paint, a roof, and cosmetics, but otherwise solid. Here we are just a few short years later and this little house is selling for $150k more than they bought it for. Not a bad return. I don’t think it gets better than that, folks.
