All Forum Posts by: Max Yuan

@Joe Homs @Chris Seveney @Matthew Morrow, I'm the founder of GoliathData, a platform that uses AI for lead generation so I feel uniquely qualified to give my $0.02. - The benefit of AI comes down to the ability to automate proven processes.

For example, everyone is targeting the same probate / preforeclosure leads, so how do you get an advantage? You can have a tool that monitors the same data sources as you do today, but use the newest techniques in engineering to automatically extract names, addresses and cross reference that information with county databases before streaming that information to your CRM. Likely finishing the process before anyone else has the chance to even see the original data source, giving your the first mover advantage.

There is a lot of hype around AI and I have seen my fair share of BS. But AI powered tools is a mega-trend and those who use it to their advantage and knows its limitations will have a huge leg up on everyone else. End of the day, RE is a relationship game, the tools are just there to help you focus on building relationships more efficiently.

Like the title says. You have to invest to get results, but how much is that investment for you? And how are the results?

@Don Konipol I think you bring a really good point. End of the day closing deals is what matters. My expertise really is in data pipelines and I'm trying to apply it in field of RE.

I think we can agree finding good quality off-market leads is not easy. Even with PropStream and PropertyRadar, I'm usually not the first to reach out upon seeing the lead. As a result, I actually created my own frankenstein of an automation pipeline combining public notices, county data and skip tracing so I can get the leads directly from the source and act on them as soon as they are available. Now I am realizing there are too many of them for me to personally execute on, but I also hate the idea of wasted opportunities.

How does an experienced investors actually scale their operations besides just hiring VAs? Does anyone have any experience partnering with different RE teams local to the lead? How are those deals / incentives usually structured?

Thanks in advance!

@Kerry Noble Jr what does your workflow look like? Do you use VAs to get the leads from the notices / code violations or do you manually put it into CRMs or some other tool? 

Oh totally that makes a lot of sense

@Joshua D. @Jim Reynante Is this a common problem? Or would the investors really event want to have their portfolio online?

Also in this case, would you want things to be specifically branded to you? Or would you just want a profile with all of your portfolio listed?

I'm an engineer by trade. Would definitely be open to exchanging some ideas here.

Seems like beyond local county lien records, the public notices could be interesting with probate, lien or foreclosure notices. Wondering if anyone is has any experience sourcing deals that way. Or by the time the notice is out, the opportunity is already gone?

Hi BP Community,

Long time lurker, finally made my account. My background is in artificial intelligence research, and building high-throughput underwriting systems, and most recently I served as a founding engineer at a financial technology startup.

I'm super excited to finally get into the RE space and would love to meet experienced folks in the field and learn the ropes. If you have any tech problems or processes that tech could potentially help with, I would love to a resource or brainstorm solutions.

Super excited to connect!

Seems like beyond local county lien records, the public notices could be interesting with probate, lien or foreclosure notices. Wondering if anyone is has any experience sourcing deals that way. Or by the time the notice is out, the opportunity is already gone?