Gar bear on Nostr: A property investment scenario: For sale, a slice of a property containing a hostel. ...
A property investment scenario:
For sale, a slice of a property containing a hostel.
7 meters by 40 meters =280 square meters
With electric, water, plumbing
shared patios with the other 14 meter by 40 meters slice
The owner is selling a slice of her property to finish building some more rooms on her hostel for guests.
Current rooms are 5 with 1 to 4 beds, 1 with 1 bed.
$20 to $40 per person per night
The bedroom for sale is this one treehouse room.
The monthly rent is $300. The views are volcano and tree crowns.
I did a quick calculation how much money I would spend in seven years renting this property with 10% yearly price increase:
Roughly $33,800 in 7 years.
I applied a conservative guestimate of how much Bitcoin per year that would cost me. I used
100k in 2024
200k in 2025
300k in 2026
...
700k in 2030
Total Bitcoin spent renting in 7 years: 0.13 or $13,000 total. I would therefore be willing to buy for at least 13,000 on a conservative BTC growth framework.
The landlady however is a visionary. She has already created a these rock trails from scratch, a kitchen in a treehouse, room the guest rooms from stone and wood and rock.
$75,000 is her number.
With this number, she hopes to complete several more rooms and pay off debt from current construction.
$75,000 investment in 2024.
Stuff like this makes me sweat. The risk of spending $75k building, and the inability to ever catch up with Bitcoin to buy 0.75 Bitcoin again.
My brain tried to wrap around how many guests would she need To earn back 0.75 Bitcoin in 7 years.
Seems like it's roughly 10 per night spending 20$ each. That is if the price of Bitcoin climbs slowly each year
Hotel investment is collateralized by real estate and earns a Bitcoin yield. $MSTR is collateralized by Bitcoin and earns a Bitcoin yield. The hotel investment must have a much higher yield to make up for the underperformance of the real estate on the balance sheet vs MSTR.
For sale, a slice of a property containing a hostel.
7 meters by 40 meters =280 square meters
With electric, water, plumbing
shared patios with the other 14 meter by 40 meters slice
The owner is selling a slice of her property to finish building some more rooms on her hostel for guests.
Current rooms are 5 with 1 to 4 beds, 1 with 1 bed.
$20 to $40 per person per night
The bedroom for sale is this one treehouse room.
The monthly rent is $300. The views are volcano and tree crowns.
I did a quick calculation how much money I would spend in seven years renting this property with 10% yearly price increase:
Roughly $33,800 in 7 years.
I applied a conservative guestimate of how much Bitcoin per year that would cost me. I used
100k in 2024
200k in 2025
300k in 2026
...
700k in 2030
Total Bitcoin spent renting in 7 years: 0.13 or $13,000 total. I would therefore be willing to buy for at least 13,000 on a conservative BTC growth framework.
The landlady however is a visionary. She has already created a these rock trails from scratch, a kitchen in a treehouse, room the guest rooms from stone and wood and rock.
$75,000 is her number.
With this number, she hopes to complete several more rooms and pay off debt from current construction.
$75,000 investment in 2024.
Stuff like this makes me sweat. The risk of spending $75k building, and the inability to ever catch up with Bitcoin to buy 0.75 Bitcoin again.
My brain tried to wrap around how many guests would she need To earn back 0.75 Bitcoin in 7 years.
Seems like it's roughly 10 per night spending 20$ each. That is if the price of Bitcoin climbs slowly each year
Hotel investment is collateralized by real estate and earns a Bitcoin yield. $MSTR is collateralized by Bitcoin and earns a Bitcoin yield. The hotel investment must have a much higher yield to make up for the underperformance of the real estate on the balance sheet vs MSTR.