> Blacksmiths were one of the few professions who could make their own tools and consequently any experienced smith would likely have a wide range of tools produced to fit his needs and preferences.
Interesting to see that the largest input by an order of magnitude is trees.
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.
Even in rockets, where weight is extremely critical, SpaceX chose to use kerosene/methane due to the problems of working with LH2 (very low density, very cold temperatures, hydrogen embrittlement).
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.
Agree that the raw data is easily available. However, I couldn't find any great free interactive maps/tools combining this data at a national level.
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)
Created this to help new out-of-state real estate investors find a great place to start building their real estate portfolio. Feel free to email me at kalki [at] plathq.com.
Glad you liked the “not-exactly-an-ad-because-it-is-related mention.” While the probability of a forged deed is relatively low, the impact is not. In addition to the risk of a thief just forging a deed to a property they have no connection to, there is also the risk of intra-family deed/mortgage forgery. This intra-family forgery is likely substantially underreported, and causes the family to lose the property it has acquired through hard work because of one bad apple.
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.
Similar to will forgery, deed forgery is still a problem today. In fact, it is a growing problem, as forgers have the information and access they need through online land records. While online land records have greatly simplified real estate closings, this is one downside. County recorders are unable to stop these forged deeds, as they are legally required to record all deeds that are appropriately formatted.
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