http://thefrontsteps.com/2009/11/05/tic-versus-condominium-which-holds-more-value/ Real Estate, Insight, Statistics, Gossip, & News...With a Twist and Some Flavor Mon, 21 May 2012 00:11:30 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://thefrontsteps.com/2009/11/05/tic-versus-condominium-which-holds-more-value/comment-page-1/#comment-11653 Garrett Fri, 06 Nov 2009 16:21:59 +0000 http://thefrontsteps.com/?p=5779#comment-11653 what this chart doesn't measure is opportunity costs. it is a PAIN IN THE ASS to buy/sell/manage a TIC. i don't care if it's a 2 unit building or a 6 unit building, TICs always come with drama... if you want to condo convert it will cost money and you'll have to deal with your partners and the city. if you want to sell, you'll have to deal with equity/liquid cash issues. the drama/potential problem list goes on and on and on. so, not only is there a difference in "value" there is an even greater discrepancy between TICs and Condos when it comes to time, headaches and just general pains in the ass. what this chart doesn’t measure is opportunity costs. it is a PAIN IN THE ASS to buy/sell/manage a TIC. i don’t care if it’s a 2 unit building or a 6 unit building, TICs always come with drama… if you want to condo convert it will cost money and you’ll have to deal with your partners and the city. if you want to sell, you’ll have to deal with equity/liquid cash issues. the drama/potential problem list goes on and on and on. so, not only is there a difference in “value” there is an even greater discrepancy between TICs and Condos when it comes to time, headaches and just general pains in the ass.

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