Trends in demographics and technology are undermining traditional holdings such as hotels, office buildings and residential properties, Barrack said in an interview at Bloomberg’s Los Angeles office.

My dilemma is: I need to invest relatively soon, and saving probably won't cut it so I have to get innovative to grow capital exponentially. 

Hey Bigger Pockets friends, my name is Ray & I’m a SoCal native running a technology 3D printing/3D printer eCommerce company, EEZITEC, based in Los Angeles, California.

My ultimate goal is to purchase and develop land in the ever receding outer exurbs in my region.Here is a little about my world of late: Home Automation and Security technology is developing at breakneck speeds these days and staying on the cutting edge is a full time job, especially when it comes to understanding the vulnerabilities associated with these new technologies (think "Hackers"...they really, really, really do wreak havoc..no joke).

I'm a fairly successful technology entrepreneur / executive and we've found ourselves empty nesters in our early / mid forties.

There are certainly going to be some tried and true elements, but we believe as technology, culture, etc. change that so may business structures and practices.With all of that said, as brokers and agents, what service, support, and features are most valuable and most attractive to you in where you choose to do business?

I have not invested in Globe, but I have look at deals there, but I have invested in Nogales, Florence and Douglas which are very desert, small towns, when I drop $450k in Douglas my partners taught I was crazy, buying a 12 units, well I was crazy happy that I was Cash flowing great money and now just sold it, so I bought in Nov 2011 $450k sold in March 2016 $670k which made me a bit happy, never put a penny into it either. ( my partners now call me desert king and I like the term )  

Nothing really innovative or earth shattering.  

I can bet that 10 years from now most property managers (except the best ones for sure) will be out of business, replaced by a more efficient, investor/tenant friendly and technology driven system, at a much lower cost.

I'm still optimistic that technology will heal the industry by giving quality sponsors the tools they need to bypass intermediaries providing little or no value.