Buying was “easy”, properties were at discount to replacement costs and with enough spread to cost of capital to allow for “cushion”.
It’s becoming harder to find good opportunities and it’s very important to identify risk.
I told my partners that residential working class is the best risk adjusted investment because shelter is a basic need and it does not have much technological risk.
My partners did not believe the idea of technological risk in real estate, I started to look for articles and books about it and did not find much.
I started to read technology articles with the “optic” of how that technology can affect real estate or how that technology can help create a business model that can disrupt real estate.
I’m now starting to write a book to organize my ideas and concepts. Working on futurealogy.com, a website that will allow for the exchange of ideas.
I am not a researcher or an academic, I am just an observer with a different point of reference.
