Comments on: Simplification Through Complexity: Managing Your Real Estate Portfolio http://www.biggerpockets.com/renewsblog/2010/01/29/simplification-complexity-manage-real-estate-portfolio/ Learn, Network, Invest Sat, 11 Feb 2012 20:37:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Linda C.http://www.biggerpockets.com/renewsblog/2010/01/29/simplification-complexity-manage-real-estate-portfolio/#comment-77808 Linda C. Sun, 31 Jan 2010 17:58:08 +0000 http://www.biggerpockets.com/renewsblog/?p=10553#comment-77808 Very cool explanation. Like you said, you can't predict the un-predicatable, but you can prepare for it. Very cool explanation. Like you said, you can’t predict the un-predicatable, but you can prepare for it.

]]> By: Neil Uttamsinghhttp://www.biggerpockets.com/renewsblog/2010/01/29/simplification-complexity-manage-real-estate-portfolio/#comment-77770 Neil Uttamsingh Sat, 30 Jan 2010 17:52:10 +0000 http://www.biggerpockets.com/renewsblog/?p=10553#comment-77770 Hi Tom,My interpretation of this theory as it applies to real estate, is that 'things are interconnected'.As Ryan touched on in his comment. There are a number of variables with real estate such as crime, property managers, tenants, etc.Real estate or real estate investing is affected and interconnected with many other variables.An interesting perspective you brought with the Complexity Theory.Best Regards, Neil. .-= Neil Uttamsingh´s last blog ..<a href="http://feedproxy.google.com/~r/FirstRentalProperty/~3/OJ-cjHns6LM/" rel="nofollow">Top Blogs of the Week</a> =-. Hi Tom,

My interpretation of this theory as it applies to real estate, is that ‘things are interconnected’.

As Ryan touched on in his comment. There are a number of variables with real estate such as crime, property managers, tenants, etc.

Real estate or real estate investing is affected and interconnected with many other variables.

An interesting perspective you brought with the Complexity Theory.

Best Regards,
Neil.
.-= Neil Uttamsingh´s last blog ..Top Blogs of the Week =-.

]]> By: Ryan Hinricherhttp://www.biggerpockets.com/renewsblog/2010/01/29/simplification-complexity-manage-real-estate-portfolio/#comment-77764 Ryan Hinricher Sat, 30 Jan 2010 16:25:49 +0000 http://www.biggerpockets.com/renewsblog/?p=10553#comment-77764 Real estate definitely falls in this theory. Many people don't think all the human dynamics of tenants, property managers, and crime affect them or their investments. People look specifically at the numbers only when there are many other moving parts. Real estate needs more science but is still largely an art. Knowing this prior to sinking your dollars in the real estate game will ease the burden of stress from vacancy, maintenance, evictions, and acts of God. Once you come to grips with these things, the larger benefits of owning real estate prevail. Real estate definitely falls in this theory. Many people don’t think all the human dynamics of tenants, property managers, and crime affect them or their investments. People look specifically at the numbers only when there are many other moving parts. Real estate needs more science but is still largely an art. Knowing this prior to sinking your dollars in the real estate game will ease the burden of stress from vacancy, maintenance, evictions, and acts of God. Once you come to grips with these things, the larger benefits of owning real estate prevail.

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