KS this is the beauty when we comparing different asset class based on math.So lets dig deeper:2010-2015 era: mortgage 3% ; CD rate: 0 %; Appreciation: 6%; inflation 3%... spread between CD and appreciation is -6%2023-era: mortgage 6%; CD rate:5% ; Appreciation 3%; inflation 3%....spread between CD and appreciation is +2%So there're spread of 8% between 2010-2015: leverage equity is the best.

But, life seems to go on for them...On a slightly different note, I think the nature of your investments may dictate how you structure yourself. 

Visit any of the places on this year's Best Cities On the Rise list and you’ll quickly understand why.These reader-selected cities have excellent food scenes, cool yet quaint downtown districts, incredible natural beauty, thriving arts communities, and the warmth our region is known for.

everlasting beauty

Cedar offers natural resistance to rot and pests with a great look that can enhance property value, but at a significantly higher cost and it requires regular maintenance to retain its appearance.

Trying to figure out if this is natural settling or we should provide reinforcement to the beam to prevent further settling. 

The natural gas boom in the area has brought a ton of out of town workers who need a place to rent.

They will often want a new building constructed and building today with labor and materials is very expensive versus retrofitting existing building.When I buy value add vacant buildings the goal is to double the return on investment within a 3 year period.So if I can use the existing building and retrofit to same concept ( example previous burger inc. but now Whataburger wants to come in ) then not as much tenant improvements to convert.So if rent 20 a foot for 5,000 ft that is 100k NOI NNN a year. 7 cap value is about a 1,400,000 stabilized valueSo if I buy it for 400k and have 300k in it more 700k to get new tenant in the value is then around 1,400,000 based on NNN 20 a foot and a 7 cap rate exit value.If you want a premium price then you would need to sell to an end user tenant ( regional or national in nature) that wants to buy the building and put their concept in there.

The beauty of it is, ALL of it CAN be met, with an understanding of what energy efficiency really is, and how to use treat material sizes/dimensions as a positive,...not a restriction.Why did I write the above? 

I want to use this post to give a little insight on why I love commercial investing.How The Property Value is DeterminedThe beauty of commercial real estate is that it largely only comes down to 2 numbers: Net Operating Income (NOI) and Cap Rate.