How to use AI to scale your REI business with Sharad Mehta (#84)

This week, we're joined by Sharad Mehta, a tech-savvy real estate expert, as we explore how leveraging AI can transform your business, boost efficiency, and help you scale like never before.

In this episode, we delve into the importance of data-driven decision-making, the role of speed in lead conversion, and how to maximize your profits without overextending. We also discuss the cutting-edge tools and strategies that will shape the future of real estate investing, including AI automation, lead management systems, and cash buyer tools. If you’re looking to stay ahead in a competitive market, this episode is packed with valuable insights you can implement immediately.

You can check out RESimpli @ https://RESimpli.com/DealChamps

00:00:40 - Host Intros and Guest Sharad Mehta
00:03:00 - The Master of Saas
00:04:00 - Can you invest in RESimpli?
00:05:15 - Creating RESimpli
00:07:00 - Goal with RESimpli
00:08:55 - 90% of your Business is the same as everyone else's
00:12:00 - As your business gets more complicated you need to simplify
00:15:15 - 100% Virtual Business
00:16:15 - Addressing Customer Concerns and Suggestions
00:23:00 - What does RESimpli do?
00:26:45 - Build a Business not a CRM
00:27:50 - Losing Efficiency by not Consolidating Systems
00:31:55 - Most People are Making Instinctual Decisions with their Business
00:33:25 - Reducing Speed to Lead increases conversions
00:36:40 - AI Bot for Outreach and Anxiety Reduction
00:40:05 - Mass Texts and AI Responses
00:41:00 - Will AI Affect the Personal Touch Needed for Closing Deals?
00:44:44 - AI Will Constantly be Evolving and Regulations Will Follow
00:46:00 - Finding Cash Buyers With RESimpli
00:49:00 - Operational Efficiency by Bringing Everything into One System
00:51:45 - Drip Campaigns and AI
00:52:55 - We don't look at any other CRMs
00:55:30 - Stats