everybody so one of the great questions
I always get is you know what do I look
at like on the internet and what do I
get packages and what do you know one of
my days like so I'm just gonna give you
a little flavor of you know some of the
things I've done just this week so
yesterday I met with my partner about
all the deals that we go through and we
were we were locking in all our interest
rates and trying to take a look at which
which properties that we could fix
because we're not sure about the
election you know whatever happens
whether you're democrat or republican it
doesn't really matter but each of them
have different philosophies and so
because Trump's been driving down
interest rates we thought hey we better
lock in now just in case he loses
because you know who knows and interest
rates are all-time lows but in addition
to that we spent yesterday with two
different land guys and so we had one
from one group and one from another
group as we're starting to look for land
for multifamily land all over basically
in Texas and Arizona and Nevada etc to
build real estate and development
multifamily and so I talked a little bit
about this in the book the ABCs of real
estate investing in Chapter four
specifically around research and I go
into level 1 level 2 and level 3 and so
I'm gonna share with you a couple things
a couple secrets that I look at things
that I were subscribed to that I think
you might like you know don't worry
about writing all this down I'm gonna
put it in links for you and all you got
to do is click on the link put your
information in there and we'll send it
to you so that you'll have it so first
on the internet there's a couple things
that I like to look at so this is called
yield pro and it's this is just a
general article about what rental
prospects want in the multifamily
community and that's really really
important because we're building and we
own a bunch that we know and obviously
some of the basics are safety and and
but what's really happening right now in
multifamily is we're starting to see
smart home technology
it used to be for the for the rich big
homes now it's making its way into the
rental space you know so you can chore
your lights and your heat and your locks
and all those kinds of things and so
we're starting to see that in addition
to that we're also starting to see water
sensors underneath the in the sinks so
if there's water leaks or something it's
detected it and alerts you on your phone
through an app so there's all these cool
things that are happening so that's one
thing this is more about maintenance of
the stuff that I'm already looking at
but in addition to that there are other
things like this one here this is an
article on the US economy and the real
estate market is not ready to retire so
as an example this is just an opinion
however there are people that are
looking to retire as you know right now
and so retirement four means a lot of
things to a lot of people so we're not
gonna get into that but I can assure you
that there's something like fifty
thousand people turning you know fifty
yeah I think every single day and that's
part of this baby boom retirement okay
so there's this prediction around all
that but the problem is they don't have
money a lot of them you know got really
hurt financially and and so some of them
are still working starting businesses
and things like that but again just an
opinion but this this is a good read and
just one of many articles through urban
land and and it basically talks about
trends you know what are they doing
where are they going etc and what's
interesting about this article is we're
starting to see a lot of baby boomers
that are retiring they don't have a lot
and so they're actually starting
businesses small businesses like
consulting and things like that here's
another one for globe Street and I love
Glo Street so I get all their stuff and
this is where to find the money so this
is both debt and equity so these just
came in today but the other thing that I
did yesterday when I was meeting with
all these land guys is I have multiple
sources of information I'm looking at so
this one here is from Bourke Adia of
course is Warren Buffett's company and
this these are all charts and data of
what's happening on vacancy rates and
absorption rates and and occupancy and
also rent
and you know who's building what and
what markets and you can get this almost
for any metro okay and so it's all
mapped out it walks you through what the
sales are eccentric eccentric cetera
this is just one of so many this is
Burke Adia this is the 2020 multifamily
report on North America for Marcus and
militant by the way these are all free
all you have to do is go online and get
this stuff and this literally has by
city by city by city it walks you
through vacancy and absorption and sales
trends and economic trends and
completions that resort it's incredible
information and so each of these brokers
are becoming more and more knowledgeable
and this Big Data guy is this data this
these analytics are really really really
really important here's another one from
jll dll is coming out on the scene right
now
again same kind of thing and so you'll
see a little bit of difference between
these different broker packages but not
much this last week Cushman Wakefield
this was one of the biggest commercial
real estate companies in the world just
announced that they're gonna buy
pinnacle now pay it's as interesting
there isn't why it's piqued my interest
because that's the company I started
with in Seattle so Cushman wakeful is
buying pinnacle and pinnacle has like
150,000 units or something now and
they're based out of Seattle which is
where I'm from and so these guys are
looking for more more and more data so
they can supply it to their investors
they're their landlords their renters
their leasing people all those kinds of
things here's another one with CBRE now
CBRE is a big company international
company again multiple in from multiple
points of information this just happens
to be only phoenixes that's what we were
talking about yesterday but one of my
favorites of all is this annual report
and I save this one for last this is the
emerging trends in real estate
this should be your Bible okay this is
done by the Urban Land Institute so I'm
a member so I was able to get this and
one of my favorite parts of this is
chapter 2 markets to watch okay and it's
really incredible information
the top 20 markets all broken down by
very detailed analytics which are the
top tens which are the best ones for
investor demand which are the best ones
for development and construction these
are industrial retail commercial they
even have an international section in
here very very very good read now if
you're going to be investing your money
or you're going to be investing somebody
else's money it's very important as
Wayne Gretzky says is you want to go to
where the puck is going that's why he
was such a good hockey player as he yeah
a lot of people skate to where the puck
is you want to skate to where the puck
is going and that's what we want we're
trying to do here that's what
everybody's trying to do here
everybody's trying to figure out you
know where is the future demand gonna be
and so it's super complicated there's
lots of information but this big data
it's getting better and better and
better and you can do it all from your
from your desktop right here and you can
make a lot of really really good
calculated decisions and all
professional investing is done this way
so if you're gonna raise money of any
kind or investment of any kind this is
very good information for you to know
and you can mitigate a lot of your risks
by having all this information and it's
definitely going to help if you're
raising capital and trying to buy
something in one of these markets that's
emerging because it's all backed up by
data so again thanks for listening