Insight
Morris: Deal Quality Matters More Than Macro Market Selection in Real Estate
“The deal itself is so much more important than these other factors, and you can often find a deal close to home, but we're looking outside of the close to home because I get so many questions from online.”
Opinion
Morris Names Knoxville, Tulsa, and Savannah as Top 2026 Real Estate Markets
“So it's using all of those factors that I examined very closely in order to come up with three cities. And those three cities are Knoxville, Tennessee, Tulsa, Oklahoma, and Savannah, Georgia.”
Assertion Supported
Morris: Knoxville Has One of the Highest US Inbound Migration Rates
“It is showing one of the largest migration rates in the United States for people coming in versus going out.”
Assertion Supported
Morris: A $350k Knoxville House Rents for Roughly $1,700 Monthly
“And it's also showing a rental increase, steady rental increase with really about 1700 dollars per month rent for the 350,000 dollar house.”
Assertion Partly supported
Morris: Knoxville Properties Yield a 6% to 7% Cap Rate
“Somewhere between a six and seven percent cap rate when you do that math. If you do that math in terms of looking at vacancy and also all the other costs associated with owning property. So that's going to give you a six to seven percent cap rate.”
Assertion Supported
Morris: Tulsa Real Estate Delivers 5% to 7% Cap Rates
“Okay, the next city is Tulsa, Oklahoma, and you're finding, again, sort of a five to seven percent cap rate on average. Again, pretty strong rents, 13 to 1400 dollars per month for a fairly low acquisition price in the mid 200.”
Prediction Open · timeframe Mar 2027
Morris: Tulsa Demand of Seven Renters Per Unit Will Drive Prices Up
“I read some statistics that there are approximately seven people looking for, looking to rent a particular, each particular unit. So seven people per rental unit available. That, that is the sort of demand that is going to push pricing up.”
Assertion Supported
Morris: Savannah Homes in Low $300Ks Yield $1,800 to $1,900 Monthly Rent
“Again, here your sort of average home price is in the low 300, and in the low 300, it's gonna produce a rent of about 18 to 1900 dollars a month would be pretty typical for something like that.”
Disclosure
Morris Discloses Only Investing in Familiar Real Estate Markets, Primarily Pittsburgh
“So the other place that I invest only where I know. So I really only have investments in Pittsburgh, which is where I grew up.”
Assertion Contradicted
Morris: Los Angeles Average Real Estate Cap Rate Is About 3%
“And again, when I do the statistical analysis, I'm finding a cap rate of about three percent on average for Los Angeles.”
Disclosure
Morris Plans to Invest in Los Angeles in 2026 Despite Low Yields
“When I invest dollars in 2026, I personally will not be investing in the three cities that I mentioned. I will be investing in Los Angeles”
Assertion Partly supported
Morris: $130B to $150B in Maturing 2026 Real Estate Debt Is Underwater
“There is a trillion dollars worth of debt that's going to mature in 2026. That's an average number. That's normal. However, a hundred and thirty billion to a hundred and fifty billion of that debt is totally upside down, and that is not average.”
Prediction Not checkable as stated
Morris: Maturing Debt Will Force Commercial Property Owners to Sell in Distress
“Those folks are going to have to sell. They're not able to refinance in a new loan or keep the loan that they have that adjusts from three percent to, say, five and a half or six percent. It will totally wipe out their profits and turn that particular project …”
Insight
Morris: Long-Distance Absentee Landlording Is a Recipe for Disaster
“Being an absentee landlord, Trying to control a property across the country, pretty much a recipe for disaster. I haven't seen that work out well in the long run for lots of people.”
Insight
Morris: Investors Should Target Experienced Investment Specialists Rather Than Busiest Agents
“You don't want the busiest person. You also don't want someone that doesn't have a lot of experience representing investors and approach that person and see what kind of deals they're finding for their clients and then become a very easy client for them to sel…”