6 Must-Read Books on Real Estate Investing

Investors, need to restock your CRE library? Whether you’re looking to get expert advice, learn something from the pros, or pick up a few new strategies; investors can’t go wrong with a great read.

Here’s a list of the 6 best books on real estate investing:

1. Mastering the Art of Commercial Real Estate: How to Successfully Build Wealth and Grow Passive Income from Your Rental Properties by Doug Marshall

In his popular book, Doug Marshall masterfully outlines the commercial investment process.

Marshall shows readers the ropes and even shares his six best tips on maintaining profitable assets. Reading this book will give you insight into when its best to move forward with a deal — and also when it’s a good idea to pass.

We love this book because it’s direct, straightforward, and incredibly insightful.

2. More than Cashflow: The Risks and Rewards of Profitable Real Estate Investing by Julie Broad

Don’t think that investment is all fun and games – it’s an industry that comes with its fair share of risks.

Julie Broad is reminding us all of the honest realities of commercial real estate investment and what it means to make it your full-time gig. Both novice and professional investors alike can gain a lot from Broad’s shared stories and advice.

We love how accessible and easy to digest the information is.

3. Long-Distance Real Estate Investing by David Greene

Remote investing poses a large challenge for commercial investors.

Dealing with assets in another state or country is a completely different ball game – but its ability to expand your portfolio can make it worth it. Greene is giving readers strategies and tips to navigate through long-distance deals and also pave the way for long term success.

We love how this book addresses a common pain point felt by commercial investors across the board.

4. Real Estate Investing Gone Bad by Phil Pustejovsky

If you’re wondering what not to do during an investment deal, check out Doug Marshall’s book. Real Estate Investing Gone Bad covers 21 true stories about when commercial property deals took a turn for the worst. By learning from others’ mistakes readers can avoid potential troubles and losses.

We love this book because it portrays real-life examples of the dark side of property investing.

5. The Millionaire Real Estate Investor by Gary Keller

Investors who are looking to maximize profits and establish high returns on your commercial investments will appreciate Gary Keller’s book.

Keller spent years compiling the stories of hundreds of property investors, and the results lie in The Millionaire Real Estate Investor. It’s a must read for anyone looking for a crash-course on commercial investments.

We love this book for its authenticity and pro-tips to optimize every transaction.

6. The ABCs of Real Estate Investing by Ken Mcelroy

Ken Mcelroy is taking all new investors under his wing in his popular book.

The ABCs provides a basic outline of what you can expect out of real estate investments and how you can set yourself up for success. Readers will get deal-boosting advice that helps to build a strong and stable portfolio.

We love how understandable yet sophisticated this read is.

Happy reading! Which real estate books are on your list?

4 Trends in the Medical Office Space We’re Watching in Q3 2019

2019 has been a busy year for the medical industry. As CRE continues to evolve, the medical office space is also going through its own transformation.

In efforts to enhance availability and boost efficiency, the healthcare sector is transitioning into a new area of the commercial scene. Contemporary tenants, landlords, and developers are all racing to keep up with today’s changing consumer needs; and as a result, the medical space is being revamped.

Let’s take a look at where the medical office market is today, and what trends to look out for during 2019’s third quarter.

Energy Efficient Buildings

It’s no secret that medical buildings are huge consumers of energy. Due to the sprawling size of the properties, intense lighting needs, air and temperature control, and high-powered machinery; medical office spaces have traditionally been lacking in eco-efficiency.

However, that’s all beginning to change. As the world around us shifts to favor all things environmentally-friendly, CRE is also playing its role. Technological advancements are making it possible to build, run, and power medical office spaces without wasting resources.

Amongst other sustainable options, LED lighting, solar energy, living walls, architectural glass, and smart HVAC systems are key contributors to the medical industry’s green efforts.

Designs that Feel like Home

Traditionally, medical buildings have felt cold, sterile, and unbearably institutional. This stereotype is being torn down during 2019, and we’re expecting to begin observing the development in Q3. The antiseptic atmosphere of the healthcare spaces doesn’t satisfy the needs of contemporary patients, so the medical office space needed to change up the approach.

Instead of being unwelcoming, today’s medical care areas are becoming more comfortable. Healthcare designs are shifting towards home-like spaces that make patients feel at ease, accepted, and welcomed.

Today’s office waiting rooms are furnished with large plush couches, entertainment systems, recliners, and living plants. Hospital rooms have opened windows, casual spaces are meeting patients’ mental, emotional, and physical needs.

Tech-Driven Appointments

If you’ve visited a doctor’s office lately, you may have been surprised to be greeted by a largely tech-based check-in process. Q3 will be full of innovative applications of technology, geared towards enhancing the patient experience, streamlining tasks, and increasing organization.

Check-in/Check-out computer kiosks will be the new norm, helping to alleviate waiting room congestion and reduce waiting time. Staff will be using more tablets and personal computers, delivering greater accessibility and a seamless platform-to-platform connection. Offices will use intuitive AI software to streamline everyday tasks, analyze data, and deliver more personalized patient experiences. The future of medical offices is all about tech-driven efficiency and productivity.

Outpatient Care on the Rise

Outpatient care centers are set to be a big part of Q3. According to a study from Deloitte Insights, inpatient stays are declining while outpatient care is growing in popularity. As stated in the report, hospital inpatient stays have declined 6.6% over the past decade.

In order to meet the needs of today’s patients, small-scale specialized care centers are moving to commercial retail spaces. This brings them closer to patients, enhances accessibility, and helps out-of-facility patients conveniently receive the care and services they need.

What other medical office trends are you looking out for?

5 Forward Thinking Tech Cities From Around the World

As technology continues to expand, the possibilities seem endless. What used to be thought of as mere science fiction is now a tangible reality, allowing us to live in ways we never though were possible.

The world around us is slowly shifting into this new age, but there are a few places were the changes are happening fast. Smart Cities are popping up across the globe and they’re standing as amazing examples of what’s available to today’s population. These destinations are using the latest innovative technology to create harmonious eco-friendly communities that cater to contemporary needs.

Here’s a look at 5 forward-thinking cities that are totally changing the game.

Seoul, South Korea

Seoul is a global leader for smart living as it seamlessly interweaves technology into the city’s scheme. The area already goes far beyond the average smart city with their tech-fueled public transportation system and the government’s incredibly effective emergency warning system – but there’s more.

One of Seoul’s most impressive features is the self-charging roads, made possible by their advanced online electric vehicle technology (OLEV). There’s virtual stores, highly advanced smart-towns, and more. Seoul marks the apex for contemporary smart cities.

Reykjavik, Iceland

Being Iceland’s smallest city doesn’t impede on Reykjavik’s popularity. This city is the country’s most populated area – and for good reason. Reykjavik is leading the way for environmental responsibility empowered by technological expansion.

All the buildings in this region are green by design since 99% of the city’s electricity is fueled by hydroelectric and geothermal power. While this is already an amazing feat, Reykjavik has hopes for the future. The area plans to become a fully-functioning city with zero carbon emissions by 2040.

Tokyo, Japan

As one of the globe’s largest urban communities, Tokyo isn’t falling behind in terms of smart technology. The city reigns supreme in the realms of urban planning, mobility, and applied technology.

Tokyo takes high-tech to a completely new level with its groundbreaking exploration of 3D and robotics. The area introduced advanced facial recognition technology, and also heavily invests in AI resources for hospitality, vehicles, and mobility, healthcare, and financial services.

Paris, France

Paris is one of Europe’s top leaders in both technological and environmental initiatives. This popular global destination promotes clean transportation and mobility for both residents and tourists by providing bikes and electric vehicles.

Paris also uses IoT to optimize the traffic flows of people and traffic to help accommodate their average 40 million tourists per year. As a further improvement, The Grand Paris Express project will completely redesign the city’s transportation system and features a completely automated metro train.

Singapore, Southeast Asia

No place blends technology into daily life quite like Singapore. The island is fully encompassed in a line of fiber optics that spans the entire length and breadth of Singapore, factoring in up to three mobiles for every two citizens. Singapore has robotic hospitals, autonomous taxi drivers, and high-tech vertical gardens that self-water and regulate temperature.

After exploring these tech cities, you’ll want to call them home. Which smart city is your favorite? To keep up with the latest CRE trends, check out our blog!

Location Data: Helping CRE Find it’s Way in 2019

Data is today’s most powerful tool. Two years ago, The Economist made a seemingly bold statement, saying that the world’s most valuable resource is no longer oil, but data. It’s 2019 and the truth of this is statement is more real that ever before. Data’s influence is nothing to take lightly. Not only does it greatly enhance technology’s possibilities, but it’s also helping major industries find creative solutions to common problems.

One such example would be location data used within commercial real estate. This valuable asset is helping to bring the industry out of the dark ages by harnessing the power of information. Let’s explore how this ocean of data is transforming the world of CRE.

Insight, Not Intuition

In the past, finding success in the CRE industry was mainly based off of pure intuition. That gut-feeling was the major drive for new building projects and investments. The industry’s talent laid in a professional’s ability to predict the newest trends and come up with a probably forecast. However, these predictions were a huge gamble – and in some cases, even a billion-dollar wager.

With loses so intense, the industry was in dire need for hard data. CRE needed real facts, evidence, and probabilities that tipped into absolutism. Location data is serving as the contemporary antidote to CRE’s most common issue – a lack of insight. By collecting, organizing, and analyzing this large web of data, the industry has been able to transcend guesses and make solid predictions.

Understanding Today’s Consumers

The world around us changes at an incredible rate, and modern consumers change right along with it. Data provides an amazing clarity when it comes to predicting consumer behavior. Location data provides accurate insights into client relationships and experience, and it’s allowing CRE to zero-in on their business approach. By knowing how clients commonly respond, what they’re expecting, and what can break a deal: it’s easier to create successful strategies.

Advance Marking Accuracy

Advertising is hard for any industry, and CRE is no different. When it comes to commercial marketing, accuracy means everything. The pool of prospective clients is incredibly diverse, and this presents a great challenge for professionals in the field.

Location data helps CRE execute marketing strategies with unmatched finesse. The data can predict the best method, timing, and area to launch a specific marketing plan. On top of this, it zooms in on specifics of different advertising campaigns and can tweak them to better connect with a target audience.

Planning the Next Move

With location data, planning for the future is clear and simple. Data tracking can build a reliable map for the future of an industry, helping investors and developers plan for the next big trends. With such a solid insight into what’s coming next, CRE professionals avoid major losses and can always stay ahead of the game. This proves that knowledge really is power – especially when it comes to business.

Location data serves as a savior for the CRE industry. What’s your favorite way to use data? For more CRE trends, check out our blog.

5 Things Boomers Want From Multifamily

Multifamily managers are always looking to attract the right tenants. While all the mainstream attention is focusing on Millennials, it’s time to look towards another generation – Baby Boomers. Born between 1946 and 1964, this generation  is expected to dominate the multifamily market. Studies predict that 2020 will see a wave of over 5 million Boomers renting homes within the multifamily sector.

With stakes this high, multifamily managers need to start preparing. Here are the top 5 features that Baby Boomers are looking for in CRE’s multifamily market.

Comfortable Amenities

Appealing to this generation is all about providing them with their needs and wants. A great way to do this is through comfort-based amenities. One of the greatest perks associated with apartment living all all of the high-class features. As these new renters say goodbye to being homeowners, they’re ready to enjoy all the luxuries of a multifamily complex.

According to J Turner Research’s multifamily market study, the most desired amenities for those 55+ are swimming pools and fitness centers. If you’re looking to attract Boomers, make sure to heavily advertise these key features. Utilize high definition photography of these amenities and you’re sure to catch their attention.

The Latest Tech

It isn’t just the up and coming generations that value technology. According to National Real Estate Investor’s studies, the number one item renter’s of all ages are looking for is tech. Integrating the latest technology into your multifamily asset is a must if you’re looking to attract Baby Boomers.

Make sure to provide fast, secure and reliable WiFi connection for your tenants. Another great marketing tactic is to create an online community for residents to connect, discuss news or issues, and strengthen their bonds.

Hassle-Free Living

Since many members of this group have previously been homeowners, they haven’t been able to enjoy the perks of multifamily living. Entering into the multifamily game finally allows them to kick back, relax, and live in luxury. Boomers love the low-maintenance, hands-free style of apartment buildings. As a multifamily manager, always assure your prospective buyers that they’ll always be taken care of.

Enhanced Security Systems

The biggest motivator for people to integrate smart home technology to their living spaces is security – and this is especially true for Baby Boomers. This generation places an incredibly high value on safety, and they’re looking to rent apartments that have got them covered.

A study from the National Apartments Association reveals that both Boomer and Gen Z prefer multifamily buildings with video security monitoring coupled with other high tech security features. This provides peace of mind, and that’s what Boomers are looking for.

Pedestrian-Friendly Living

One thing Millennials and Boomers have in common is their love for convenience. Boomers are looking for walkable communities that provide easy access to cafes, restaurants, entertainment, and shopping. AARP states that these communities should include safe recreation areas as well as well-kept streets and sidewalks.

These 5 features will help multifamily managers attract the new wave of Baby Boomer renters. Don’t miss out on this opportunity! For more CRE insights, check out our blog.

Experience is everything: 4 CRE sectors keeping up

It’s 2019 and experience is everything. The focus on experience has been steadily growing, and it’s become a full-blown obsession in nearly every major industry. CRE is no stranger to the concept of created experiences, and some sectors are totally dominating the game.

Let’s look at how these 4 rockstar CRE industries are utilizing created experiences to stay current and attract business.


Out of all of CRE’s sectors, the most avid participant in the wave of experience is retail. Due to the ever-changing market and the new age of consumerism, retail has been forced to undergo major reconfigurations. As we move into an increasingly digitized society, consumers are now able to easily order whatever they desire in one click or less.

As a result, the entire industry needed to step it up to meet the era’s expectations. In order to do so, consumer experience became the driving force fueling modern retail efforts. A A REIT analyst talking to the Wall Street Journal states, “Mall tendency has changed. What hasn’t changed is the human desire to socialize”. Cultivating an experience with the shopping framework has become retailers #1 priority for 2019 and beyond.


Experience is also big in CRE’s multifamily realm. This is seen in amenities, special features, and other key components that accentuate the overall living experience for residents. Elements such as spas, gyms, pools, game and recreation rooms, and sports areas are all being expertly designed into multifamily plans.

Technology is playing a large role in creating these areas of experience. What you see are high tech features which make these areas interactive, responsive, and intuitive to the user. This establishes a unique and valuable experience – able to set brands apart from competitors.


As the world around us continues to provide exceptional experiences, it’s popping up as an important concern in some unexpected CRE sectors. As Millennials continue dominating the workforce, the office sector has changed its values to resonate with this confident and innovative generation.

Across the board, more and more companies are working to improve their brand culture. When 78% of the workforce strongly values a positive employee experience, it’s hard to ignore. By enhancing the professional experience, they seek to create a workplace where staff members feel happy, work productively, and feel valued. Companies are specially designing office spaces to create these experience areas and better accommodate the new era of work culture.


The influence of experience is slowly seeping into the industrial market. It’s common to see interactive opportunities popping up within industrial properties that coincide to the company’s focus.

This means on-site activities, such as tours or tastings, also extends into companion business-beer gardens within breweries our coffee shops inside of roasteries. This provides a whole new realm of business that is focused on providing an extraordinary and unique experience for our clients.

Cultivating experiences is essential in our contemporary world. While humanity’s values and preferences change, industries need to adapt and find new ways to appeal to the public. What experienced-based trends are you most interested in?

What do landlords need to know about rent control?

Over the past few months, many states have implemented new rent control policies. Rent control laws work to regulate how much landlords can charge for rent, and also how much rent can be raised within a certain period of time. These laws are designated by individual cities and their goal is to help ensure that housing remains an affordable commodity.

As a landlord, it’s imperative to remain informed on all the ins and outs of local rent control policies. Besides pricing concerns, these laws also outline the responsibilities expected of landlords – including repairs, evictions, lease renewals, and more.

The effects posed by these up and coming rent control policies speak volumes on the future of CRE’s multifamily market. Here are 3 points that all landlords should know.

Multifamily Assets Remain Strong

One of the main concerns surrounding rent control policies is the anticipated profit reduction. However, experts explain that even amidst the current wave of widespread control policies, the multifamily market is still standing strong.

The real estate market has been able to withstand the external fluctuations and upkeep a healthy status in spite of any disruptions. According to Barclays PLC Report, market analysts are confident about the near future, as quarter on of 2019 has produced strong profits. All in all, a very positive turnover is expected from the multifamily sector this year.

Unknown Effects Looming on the Horizon

In spite of current positive growth rates, the future holds much more uncertainty. The effects posed by numerous states adopting rent control policies all at once pose unknown results. Long-term results stemming from the apartment sector’s new policies are hard to determine as of yet, and it’s keeping all of us on our toes.

Threats to Commercial Stocks

The main area of concern is commercial multifamily stocks. All else aside, the apartment sector’s performance levels have been outstanding. However, the implementation of local rent control bills can pose severe effects for even the hottest domestic markets. New York and California are amongst the country’s major cities working to pass deeper rent control policies, which are being vehemently objected by the CRE industry.

Economic advisors have been urging the holders of apartment stocks to ‘hold’ rather than ‘buy’. This slowdown has the potential to disrupt the commercial market by taking a toll on the multifamily sector in affected regions.

Moving Forward

Landlords need to be ready to adapt as states continue to enforce rent control policies. Although the future still remains unclear, there is still a large potential to prosper and taste success.

Investors from around the globe highly favor US military assets, and the demand isn’t expected to falter anytime soon. In fact, CRE’s apartment sector is rated the most attractive to investors who value it’s stability and resilience – even in the face of policy changes and economic disruptions. As influential investors continue to pour money into the commercial market, the industry is only expected to grow.

In order to weather out the storm, landlords need to stay vigilant. Keeping up with the latest policy updates and expert-anticipated results is the best way to ensure that you’re strategically cultivating success – even in the face of uncertainty.

3 Ways Big Data and Other Tech Trends are Changing Warehousing


As the pace of innovation races towards never before seen speeds, many industries are being forced to undergo massive changes. The impact of contemporary tech trends have played a huge role in shaping CRE – and the metamorphosis is only just beginning.

The industrial sector is one of the areas most affected by big data and tech growth. While these groundbreaking tools help to streamline workflows and increase efficiency, they also come along with their own set of challenges.

Let’s analyze these 3 key ways that technology is transforming the warehousing industry – and how CRE needs to support these changes.

AI Automation

One of the most notable changes within warehousing is the massive increase in robot use. As AI technology continues to advance, these devices are able to complete complex tasks with striking efficiency rates.

Amazon, one of the world’s most influential companies, is a huge proponent of tech’s encroachment into warehousing. As the world’s largest e-commerce retailer, Amazon’s warehouses contain an intimidating collection of about 45,000 robots – a greater headcount than that of the Netherland’s entire army.

The current numbers mark a 50% increase when compared to the end of 2018, where the company reported only 30,000 robots in use. These figures demonstrate the widespread move towards creative automation within the warehouse industry.

Cloud Software

The marriage between cloud technology and warehouse totally changes the game. This incredibly helpful technology is popular amongst warehouses, where it is revered for its groundbreaking developments for the industry.

Cloud-based software enables warehousing to keep better control over changing inventories, even when the physical environment gets hectic. Cloud technology allows for on-going updates and guarantees up-to-date information across all spectrums, which limits disruptions within the warehouse scene. Since this data bank is usually remote, it also limits the space needed to store information.

Software Path’s 2019 WMS Report indicates that 91.5% of businesses were considering a cloud-based WMS in their current selection project. Cloud management systems are key components in the future of industrial.

Big Data

In any business endeavor, information means everything. The more you know, the more strategic moves you’re able to make – helping to reach goals and attain success. The popular term “big data” is defined as a colossal data collection which is digitally analyzed to hone in on trends and patterns, most of which couldn’t be detected by human senses alone.

The hits warehouse scene through the use of barcode tools and technology. Big-name brands with massive warehouses utilize barcode scanners to keep track of each and every individual item which passes into, through, and out of their facilities.

It doesn’t stop there – barcodes are now more advanced than ever, with capacities that elevate the warehouse efficiency to an entirely new level. On the topic, SystemID shares that warehouse workers can glean valuable information like origin, destination, photographs, price, stock levels, and more with just the scan of the code.

All these advancements occurring in the warehouse industry are thanks to developing technology. After all of this, the biggest question on everyone’s mind is “what can possibly come next?”

4 Traits of Successful Leaders

Effective leaders are able to combine specific characteristics to help ensure the success of their employees and themselves. These skills can be learned and practiced every day to help achieve your goals. By developing these 4 traits of successful leaders, you too can begin creating your foundation for success.

1. Communication

An effective leader must also be an effective communicator. Communication is an essential skill for any leader. It’s especially important to know how to clearly convey your thoughts and goals. Although mistakes are inevitable, it’s possible to direct and connect with the individuals to succeed as leaders.

Good communication skill create clarity and efficiency by eliminating confusion and misunderstanding. A successful leader needs to communicate on different levels. These levels include one on one interaction, group meetings, and direction to the entire staff via both verbal and nonverbal techniques. A good communicator also knows when to listen and should be approachable.

2. Forward Thinking

The difference between a decent leader and a successful leader is their ability to strategically plan and execute future goals. It is important that you not only have a vision but also that you create strategic plans and continuously evaluate yourself and your team. It’s important to keep the future in mind, while also maintaining a positive outlook.

It’s critical that a leader does not only have a vision for the future, but is also able to adapt in the face of adversity. This includes staying flexible and being open to new ideas while keeping a consistent goal.

3. Accountability and Responsibility

Integrity is a crucial skill for any leader to embody and practice throughout their personal and professional life. Being accountable and transparent with your team is critical for developing trust and support. An effective leader takes responsibility for their own mistakes, and in turn, expects the same from their team.

An accountable leader asks questions and they find the best answers to keep things running smoothly. They are aware of their responsibilities and do not under or over commit. For a leader, accountability and responsibility go beyond individual actions and assume the performance of the entire team.

4. Cultivating a Strong Work Environment

Leaders must be able to take the necessary risks to develop a strong and encouraging environment. The real estate landscape is constantly changing. Therefore, promoting creativity and innovation throughout teams ensures that the leader will be able to navigate these changes.

Teamwork is also an important factor in creating a successful work environment. Having strong personal relationships will help create success within your group. And, it will build skills like communication, accountability, and creativity.

Successful leaders understand how to utilize their skills to promote the well-being of their organization and employees. By practicing these four skill, you will learn to become a better leader.

What’s the Problem with Reverse Supply Chain?

Business is all about supply and demand. Of course, real estate follows these same rules. Therefore, your supply chain refers to the process of making and delivering a product to a customer. Alternatively, the reverse supply chain focuses on products and services that are coming from the customer back to the original owner (think returns).

Here, we will discuss common issues and problems with reverse supply chains. Hopefully, you will gain a better understanding of the process and equip yourself with the necessary knowledge and skills to deal with reverse supply chains.

The Rise of Online Shopping

Online shopping is posing an increased risk to the reverse supply chain. This is because online orders require much less person-to-person contact, allowing things to potentially get lost inthe shuffle of everything. Big companies, including Amazon, are seeing the challenge of reverse supply chains — and they’re trying to better the situation.

Product Acquisition and Organization

When buying a product, you’re simply required to press “purchase,” then, the item that you’re expecting shows up at your door. However, returning a product can be a lot more complicated. This process includes accepting the product, tracking the product, matching the product with the correct customer, and so forth. With that being said, there are many areas of the return product acquisition and organization that could be optimized to better serve the reverse supply chain.

Return the Inspection

When products are returned to the reverse supply chain, it is necessary to inspect them. Inspection ensures that products are fairly returned and haven’t been damaged beyond means within the sale and return dates. Although necessary, this process could easily be automated in order to free up valuable time for your workers.

Technology Trumps All

In order to keep up with the automated steps of a reverse supply chain, technology is ultra-important. High tech buildings with smart features are more likely to be safe and calm — plus it is able to understand the reverse supply chain.

Different Companies Have Different Needs

In conclusion, it’s important to understand that each supply chain issue is unique to the company dealing with the problem. Therefore, you’ll want to take a look at your company to determine where the difficulties are arising from and whether or not it’s an increasing or decreasing problem.

Be sure to consider how reverse supply chain is impacting your business. It may be time to change jobs altogether or to suggest alternative methods to maintain sustainable reverse supply chain demands to your boss.