Episode 65
Discover How Data Science Can Help You Profit from Commercial Real Estate
Are you looking for expert advice on marketing and data science in the commercial real estate industry? Look no further than The REmarketing Podcast! Featuring interviews with some of the brightest minds in the game β Jerome Lewis and George Roberts β this podcast explores marketing, data science, artificial intelligence, customer experience, and more.
Whether you are a seasoned professional looking to sharpen your skills or a newbie wanting an inside look into the world of commercial real estate, The REmarketing Podcast has something for everyone. Listeners can follow as Jerome and George deep-dive into what it takes to craft an effective marketing strategy and uncover valuable insights from their combined decades of experience.
With lively conversations set against a backdrop of lighthearted banter, it's easy to stay engaged while learning powerful business strategies. Join Jerome and George on The REmarketing Podcast β it's sure to give you the skills and knowledge needed to take your commercial real estate business to greater heights!
Discover How Data Science Can Help You Profit from Commercial Real Estate with George Roberts
In this episode of the Remarketing Podcast, Jerome Lewis interviews George Roberts, a former award-winning data scientist turned real estate investor. George shares his journey from working in genomics and bio-sciences to becoming a successful commercial real estate investor. He emphasizes the importance of data science in real estate and how it can be leveraged to make profitable investments.
Conclusion
George Roberts highlights the value of integrating data science into commercial real estate investing. By using data-driven strategies, investors can make informed decisions, identify profitable opportunities, and mitigate risks. Georgeβs approach underscores the importance of continuous learning, building strong teams, and utilizing data to stay ahead in the competitive real estate market.
Key points
π― George's Background: Transitioned from award-winning data scientist in genomics to full-time commercial real estate investor.
π Journey into Real Estate: Moved from a high-paying tech job to value-add multi-family investments, balancing both roles initially.
π Value-Add Multi-Family: Explains the concept and importance of value-add multi-family properties in commercial real estate.
π οΈ Team Building: Emphasizes the necessity of building a strong team to handle various aspects of real estate investing.
π Creative Financing: Highlights creative financing strategies and the significance of not relying solely on traditional bank loans.
π Educational Journey: Stresses the need for continuous education and understanding the complexities of commercial real estate.
π¬ Importance of Relationships: Discusses the critical role of networking and building relationships in the real estate industry.
π Underwriting: Describes underwriting as finding the story behind the numbers, crucial for evaluating real estate deals.
π§ Data Science in Real Estate: Shares how data science principles can be applied to real estate to uncover trends and make informed decisions.
π€ Mentorship and Learning: Advocates for seeking mentorship and learning from more experienced investors to accelerate growth.
Summary
- Introduction: Jerome introduces George Roberts, highlighting his background and transition from data science to real estate.
- Journey into Real Estate: George shares his transition from a high-paying tech job to value-add multi-family investments.
- Value-Add Multi-Family: Explains the concept and importance of value-add multi-family properties in commercial real estate.
- Team Building: Emphasizes the necessity of building a strong team to handle various aspects of real estate investing.
- Creative Financing: Highlights creative financing strategies and the significance of not relying solely on traditional bank loans.
- Educational Journey: Stresses the need for continuous education and understanding the complexities of commercial real estate.
- Importance of Relationships: Discusses the critical role of networking and building relationships in the real estate industry.
- Underwriting: Describes underwriting as finding the story behind the numbers, crucial for evaluating real estate deals.
- Data Science in Real Estate: Shares how data science principles can be applied to real estate to uncover trends and make informed decisions.
- Mentorship and Learning: Advocates for seeking mentorship and learning from more experienced investors to accelerate growth.
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