How AI and Machine Learning are Reshaping the Real Estate Industry

Today's guest is Arunabh Dastidar. As an ex-asset owner and manager of projects worth over $5B, Arunabh Dastidar has first-hand experienced the flaws that hinder growth in the real estate industry. His mission is to revolutionize the future of rental management. Show summary: In this podcast episode, Arnab Naskar, discusses how his platform simplifies and accelerates data analysis in the real estate industry. He explains the streamlined integration process and emphasizes positive customer feedback. Arnab shares his background and how he got involved in real estate, highlighting the need for a solution to improve decision-making. Sam delves into Arnab's entrepreneurial journey, and Arun Doster discusses the incorporation of AI in real estate. They emphasize the importance of data-driven decision-making and storytelling. -------------------------------------------------------------- Intro [00:00:00] Revolutionizing the Future of Rental Management [00:00:42] Arnab Naskar's Background and Journey [00:01:09] Predictive Pricing and Decision Making in Real Estate [00:04:59] The power of language models with AI [00:12:57] Detecting ongoing issues and tenant satisfaction [00:14:17] Real Grow: Using external data for portfolio growth [00:21:12] The future of real estate decision-making [00:22:10] Getting in touch with the guest [00:22:33] Closing [00:23:05] -------------------------------------------------------------- Connect with Arunabh: Linkedin: https://www.linkedin.com/in/arunabhadastidar/ Web: https://realsage.com/ Connect with Sam: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook: https://www.facebook.com/HowtoscaleCRE/ LinkedIn: https://www.linkedin.com/in/samwilsonhowtoscalecre/ Email me → [e-mail] SUBSCRIBE and LEAVE A RATING. Listen to How To Scale Commercial Real Estate Investing with Sam Wilson Apple Podcasts: https://podcasts.apple.com/us/podcast/how-to-scale-commercial-real-estate/id1539979234 Spotify: https://open.spotify.com/show/4m0NWYzSvznEIjRBFtCgEL?si=e10d8e039b99475f -------------------------------------------------------------- Want to read the full show notes of the episode? Check it out below: Arunabh Dastidar (00:00:00) - They can literally drag drop their CSV or Excel files to bring their internal data into the system. And then our AI actually maps those with and cleans it up to a greater extent so that it becomes immediately usable because as you mentioned, this is a daunting task of ingesting all that data. We have made it so simple and we are one of the fastest integration the industry has ever seen. And this is not what I am saying is what like our customers say. Intro (00:00:29) - Welcome to the How to scale commercial real estate show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big. Sam Wilson (00:00:42) - As an asset owner and manager of projects worth over $5 billion, Arun Doster has firsthand experience the flaws that hinder growth in the real estate industry. His mission is revolutionized the future of rental management. Arnab Welcome to the show. Arunabh Dastidar (00:00:58) - Thanks for having me. Sam Wilson (00:00:59) - Absolutely. The pleasure is mine. Arnab There are three questions I ask every guest who comes on the show in 90s or less. Sam Wilson (00:01:05) - Can you tell me where did you start? Where are you now and how did you get there? Arunabh Dastidar (00:01:09) - Oh that's amazing. Where did I start? I'm an engineer myself. I sold my first company when I was 25 and then travel 20 countries before ending up in real estate private equity world. And one evening I was taking a call on $130 million deal and my Excel was crashing. And that cuts gets you to where I'm at now. We are solving that problem of decision making across real estate by bringing AI and data models into the industry. So where we are heading towards is revolutionizing the way how real estate makes decisions using advanced data models and making it more efficient, productive and more accurate so that everyone of us can make more money. Sam Wilson (00:01:56) - I love it. I love it. I mean, those are those are high ideals, but I'd love to get into the weeds and really find out what that means. But means but before we get there, you sold your first company at the age of 25 that you just grow up in an entrepreneurial family that just said, hey, you know what? Go out and carve your own way. Sam Wilson (00:02:14) - How did that happen? Arunabh Dastidar (00:02:16) - Oh, that's that's interesting. I did not grow up. My my family was, you know, like very humble beginnings. We had mostly people working in sales. So I had the sales knack from the very beginning, but I did engineering and ended up in a very clear cross. So ...