Graham Stephan Sold Everything. (Real Estate is OVER)

Graham Stephan—the man who built a $20 million empire on Los Angeles real estate—just listed his entire portfolio for sale. Citing a measly 4.1% net yield after factoring in California’s taxes, insurance, and maintenance, Graham’s exit marks a definitive "Spade a Spade" moment for the asset class. In this briefing, I break down why the traditional rental property model is officially OVER for investors seeking high alpha. We’re going to the whiteboard to compare the "Real Estate Trilogy"—scarcity, income, and tax shields—against the modern 2026 alternative: Bitcoin Mining. I’ll show you how to trade 27.5-year depreciation schedules for 100% Year 1 write-offs and replace the "Human Element" of tenants with the hands-off reliability of the global Bitcoin network.

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Chapters:
00:00 - Why Graham Stephan Is Selling Real Estate
01:24 - The Problems with Real Estate
03:35 - What is Good About Real Estate?
07:18 - What Alternatives Exist?
09:25 - The BEST Real Estate Alternative Receive SMS online on sms24.me

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