Real Estate Rookie

349: How to Use Public Data to Find Real Estate Deals That 99% of Investors Miss w/Ariel Herrera

Dec 19, 2023

Ariel Herrera, data scientist and real estate investor, shares tips on using data to improve real estate investments. They discuss the power of coding and data analysis, using tools like Redfin and chat GPT. They also talk about analyzing real estate deals, finding deals in Tampa, Florida, and utilizing web scraping for off-market deals.

50:33

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Episode guests

Ariel Herrera

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Quick takeaways

Using data analytics and automation tools like browse.AI and Zapier can streamline the process of finding and analyzing potential real estate deals, saving time and increasing efficiency.

Market analysis using data from sources like Niche.com, Zillow, Redfin, and government data can help identify promising investment opportunities by considering factors such as job growth, population growth, and income levels in different markets.

Deep dives

Using Data to Find Real Estate Deals

Ariel Herrera, a data scientist and real estate investor, shares her journey of finding real estate deals by using data. She emphasizes the importance of using data analytics to analyze properties quickly and effectively. By scraping web data and utilizing tools like browse.AI and Zapier, Ariel was able to automate the process of finding potential deals and receiving notifications when new properties were listed. She also discusses her strategies for investing in different markets, including New Jersey, Detroit, Tampa, and Playa del Carmen. Ariel's innovative approach to data-driven investing offers valuable insights for rookie real estate investors.

Introduction

4min

The Power of Coding and Data Analysis for Real Estate

4min

Using Data Science for Real Estate Investing

20min

Analyzing a Real Estate Deal

8min

Finding Real Estate Deals in Tampa, Florida

7min

Strategy for Renting Out a Property in Playa Doh Carmen and Using Property Management in Tampa

2min

Web Scraping for Off-Market Real Estate Deals

6min

Do you lean into data when analyzing real estate deals? In a competitive market, ANY kind of advantage goes a long way towards helping you land better deals. And guess what? Harnessing the power of data is much easier than you think. Today’s guest delivers a handful of helpful tips, tricks, and tools that all rookie investors can use!

Welcome back to the Real Estate Rookie podcast! Today, we’re joined by Ariel Herrera—data scientist by day and real estate investor by night. Five years ago, Ariel decided that real estate was going to be her path to financial freedom. Like any eager investor, she devoured as many articles, podcasts, videos, and books as she could get her hands on at the time. Once she realized that she could combine her love for data science with real estate, there was no looking back!

In this episode, Ariel shares about the competitive edge you can gain by being a data-driven real estate investor. She recommends several tools and systems, all of which are easy to implement and require ZERO coding. Additionally, you’ll learn how to choose your market, invest out-of-state, and save a ton of time with a few deal analysis shortcuts!

In This Episode We Cover:

How to find better real estate deals through the power of data science

Tools and systems you can use to analyze deals (WITHOUT any coding!)

Leveraging the equity in your portfolio to purchase MORE properties

Creating consistent cash flow with the house hacking strategy

How to find and purchase properties in other states (and countries!)

And So Much More!

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