Multi-family house as a capital investment in an aging city

  • Erstellt am 2016-10-02 12:08:58

DG

2016-10-28 11:28:41
  • #1




What didn’t you understand again? states clearly that it was not financially worthwhile. You twist that 180 degrees and find it a financially rewarding investment.

Nothing there is worthwhile, quite the opposite: she has paid a lot of tuition fees.

What’s the reason? Is it simply a reading/comprehension difficulty or is the idea that a property always yields profit ultimately tattooed irrevocably in your head?



Good – now just one last step is missing. Say goodbye once and for all to the (short-term) idea that you will acquire rental property. Individual renting out also involves risks in multi-family houses/HOAs that you simply disregard for the above reasons.

Build your house, wait 10 years, keep observing the market and continue educating yourself. If your tax advisor then tells you in 10 years that purchasing a multi-family house (at least 6 units) is worthwhile for you, then reconsider it and find a proper expert to assess the properties in question.

At present, you really should be advised against it in every respect and in the best sense.

Best regards Dirk Grafe
 

Climbee

2016-10-28 14:44:44
  • #2


Wrong!

Without having read the thread further, I must raise an objection here as a graduate mathematician (Dipl.-math (univ)):

Mathematics belongs to the humanities, not to the natural sciences
(that's why one branch of the Gymnasium is also called "mathematics-natural sciences"; if math were a natural science, that would be redundant)
So I am a humanities scholar, not a natural scientist
(by the way, I only found out this fact in the 2nd semester *g*)
That had to be corrected now.

And: all this calculating has nothing to do with math at all, that is arithmetic and physicists, economists, and elementary school teachers usually do that better. Math is logic, we prove how something is, but we would never calculate it!
 

DG

2016-10-29 01:06:50
  • #3
According to the latest definition resp. my level of knowledge, mathematics belongs neither to the humanities nor to the natural sciences.

Which is also logical (sic!), because what does art history have to do with mathematics?

In cases like these, I fundamentally consider calculation dispensable as well, but I do it anyway to illustrate the error. What is happening here is the incorrect implementation of a word problem, so terms are misinterpreted and therefore mathematically incorrectly applied. By the time one has explained this in a forum, the contradiction has been calculated three times and anyone who still recognizes a positive number in -5 can only be helped with art history.

In this respect, completely d'accord!
 

Climbee

2016-10-30 10:35:32
  • #4
Hm, I studied in Munich and there:

3w.mathematik.uni-muenchen.de/festschrift/node4.HTML [Link durch Mod Dirk Grafe bearbeitet]

There you can probably see it more with the humanities.

It definitely does not count as a natural science because here observations, measurements, and experiments are defined as the basis. That does not exist in mathematics. I have now read around a bit and stumbled upon the term "structural science," which in my opinion fits well:
The question of which category of sciences mathematics belongs to has been controversially discussed for a long time.

Many mathematical questions and concepts are motivated by questions concerning nature, for example from physics or engineering sciences, and mathematics is used as an auxiliary science in almost all natural sciences. However, it is not itself a natural science in the true sense because its statements do not depend on experiments or observations. Nevertheless, in the newer philosophy of mathematics, it is assumed that the methodology of mathematics increasingly corresponds to that of the natural sciences. Following Imre Lakatos, a "renaissance of empiricism" is suspected, according to which mathematicians also formulate hypotheses and look for confirmations.

Mathematics has methodological and substantive commonalities with philosophy; for example, logic is an overlapping area of the two sciences. This could classify mathematics as part of the humanities, but the classification of philosophy itself is also disputed.

For these reasons, some also categorize mathematics – alongside other disciplines such as computer science – as a structural science or formal science.

At German universities, mathematics usually belongs to the same faculty as the natural sciences, and mathematicians are generally awarded the academic degree of Dr. rer. nat. (Doctor of Natural Sciences) after their doctorate. In contrast, in the English-speaking world, graduates earn the titles "Bachelor of Arts" or "Master of Arts," which are actually awarded to humanities scholars.

(From Wikipedia)
Here I found it best summarized, the other articles would go beyond the scope here
 

Climbee

2016-10-30 10:37:33
  • #5


But with philosophy, lots!!!
 

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