There are risks associated with investing in real estate related to properties becoming obsolete.
Show Notes
Functional Obsolescence Unveiled: The Silent Value Killer in Real Estate Investments—and How to Defeat It!
There's a often overlooked risk of investing in reale state: obsolescence. Whether we're focused on properties that are or will become functionally obsolete or drift directly into economic or physical obsolescence... these are real-world risks with real-world impact to your bottom line.
Learn all about them including examples, how they show up and how to overcome them in this special class.
In this class, James discusses:
- A George S Patton quote about fear, risks and making decisions.
- Obsolescence defined
- Examples
- Selection, Direct and Indirect Control, Interpeting the Present and Predicting the Future
- How Obsolescence Shows Up In Real Estate Investing
- Solutions to eliminate, minimize and/or mitigate these risks
- Plus much more...
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the New York real estate investor podcast?
Book a free consultation to discuss.
What is New York Real Estate Investing & Real Estate Financial Planning™ Podcast?
Learn all about investing in real estate in New York, New York with a combination of real estate financial planning and modeling with numbers specific to New York plus syndicated, more generalized recordings of live and pre-recorded real estate investing classes (not all specific to New York).