Travis Farese 0f Real AI
Hall is joined by Travis Farese 0f Real AI. Prior to founding Real AI, Travis had a career in oil and gas services with an engineering and business degree. Travis and his partners then founded a services company. After successfully selling right before the downturn in 2015, he transitioned into commercial real estate.
According to Travis he got into the AI space for commercial real estate because he witnessed a problem. While investing in commercial real estate, he saw how fragmented the acquisitions process was.
In this episode, you’ll learn about the state of AI for commercial real estate, and how AI machine learning is starting to be applied more to residential real estate.
Hall and Travis also discuss the current state of funding. Big tech companies pouring money into data science signals that there’s a big future in this particular field, and that it’s a distinct programming methodology.
In addition, they also talk about the challenge of data access. There is an interest in building towards an automated predictive model around the estimated Cap-Ex required in an investment opportunity.
About Real AI– Real AI is an Austin based commercial real estate acquisitions platform. They leverage big data and artificial intelligence (AI) to source, evaluate and close investment opportunities for their clients. In combination with their organizational specialization and team based approach, their technology enables account executives to cover 10X more territory remotely.
You can find Real AI at http://www.real-ai.co
Travis can be reached on LinkedIn at https://www.linkedin.com/in/travis-farese-6b55468/
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Hall T. Martin is the Director of Investor Connect, a 501c3 non-profit dedicated to the education of investors for early stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.