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Monthly Archives: December 2008

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Sometimes the simplest things can cause you to spend more time than necessary to achieve. One of those things is measurements. Many of us do not have the weights and measures memorized. Throw in the metric system for those of us who grew up with the english system and we are lost. Here is a measurement chart that you may want to keep handy. Remember to bookmark this page so you can come back to [...]

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We have previously discussed depreciation, cap rates, various types of leases and the various approaches to value when determining if a real estate deal is worth your time. Now we will get into a few more specifics about value. The first of these topics is understanding obsolescence and the difference between economic obsolescence and functional obsolescence. The definition of obsolescence is: 1. Being in the process of passing out of use or usefulness; becoming obsolete. [...]

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