119 karma · joined August 2, 2020
Part 1: https://news.ycombinator.com/item?id=24517792
Part 2: https://news.ycombinator.com/item?id=24591216
Part 1: https://news.ycombinator.com/item?id=24517792
Just like software engineering
Reminds me of the infographics showing that only a small fraction of our water usage is direct (lawns, showers, ...) and most is indirect (meat, almonds, ...). In both cases, supply chains abstract over the inputs "embedded" in the outputs.
Depending on energy density and power density requirements, I think a combination of batteries and traditional fossil fuels will win in the short term. In the long term, when we have stopped burning fossil fuels for electricity, then we can use electricity to manufacture them. Under this path, hydrogen will have limited importance.
In addition, going from price and rent to cap rate is already relatively complicated, as expenses (such as property management, homeowners' insurance, repairs, ...) have a sub-linear dependence on price or rent. This sub-linear dependence is included in the map. Using a fixed-percent model for these expenses will artificially inflate C-class cap rates, while artificially deflating A-class cap rates.
Planned additions:
1. Filters - To answer more complex questions
2. Landlord/Tenant-Friendly States (also fiscal solvency of states ... to estimate risk of property taxes rising rapidly)
[edit: formatting]
In addition, people are (rightly) highly risk-averse about anything that affects their family, their home, or the assets that they built over years and decades. For example, real estate investors commonly put their property into an LLC (which costs $800/year in CA) or buy liability insurance, even though the probability of incurring a large liability is low.
With respect to costs, even though land records are public, machine-parseable title/recorder data is expensive. Data from the tax assessor (even machine-parseable) is relatively cheap, but is not as complete as recorder data. For example, it does not have mortgages. We intend to achieve economies-of-scale with respect to recorder data. At that point we intend to offer additional value at the same price (for example, insurance) and add a free-but-sell-leads service.
Many counties have deed recording alerts that alert property owners to documents recorded against their name or property. However, many counties do not offer this service, leaving property owners unaware of these forged or fraudulent deeds, until they receive an eviction or foreclosure notice. As such, we are offering a Title Watch service to inform you about potential forged or fraudulent deeds recorded in your name or against your property. Please visit us at https://plathq.com