Carson Hess was a mechanical engineer designing railway systems in major cities before turning to real estate. Using his skills, he started a company called Development AI, artificial intelligence to help identify underutilized properties and reduce entitlement risk.
He’s also house hacking and investing passively in ground-up construction.
What You’ll Learn In Today’s Episode:
- There’s no better way to get started with real estate investing than house-hacking, especially if you’re low on cash.
- Don’t over-renovate. You need to have a good sense of the market and what renters will actually pay for.
- Look for synergy and play to your strengths!
Key Phrase:
“I think where prop tech can really augment some individuals is in situations where maybe they don’t really have that deep market knowledge or deep industry connections.” – Carson Hess
Resources In Today’s Episode:
Books Mentioned In Today’s Podcast
- Zero to One by Peter Thiel
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