Functional Obsolescence Unveiled: The Silent Value Killer in Real Estate Investments—and How to Defeat It!

12/07/2024 31 min Episodio 110
Functional Obsolescence Unveiled: The Silent Value Killer in Real Estate Investments—and How to Defeat It!

Listen "Functional Obsolescence Unveiled: The Silent Value Killer in Real Estate Investments—and How to Defeat It!"

Episode Synopsis


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...

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