My name is Max & I'm a co-founder at Lofty AI. We're a Y Combinator-backed real estate startup using A.I. to predict property appreciation.
We've found that most real estate investors make decisions based on gut feeling, local knowledge, and lagging indicators. Our goal is to help people be more data-driven when they're making big investment decisions.
We use very unconventional, real-time data to make our predictions, including:
Restaurant review patterns
French bulldog population increases (more geotagged frenchie posts on Instagram = wealthier population moving to the area ? = higher future prices)
Airbnb prices
Ride-sharing wait times
Influencer trend patterns on social media
Millennial preferences
Satellite imagery
Much more...
Our A.I. works. In January 2019, our A.I. selected 1,363 properties for our walk-forward test. Fast forward to today, our properties appreciated over 33% (weighted average) -- over 10x more than the market average.
We've been selling our data to large real estate institutions for the past year, but we just launched our new consumer product that helps real estate investors find undervalued properties primed for rapid appreciation. If you're interested, you can learn more on our website -- https://www.lofty.ai/
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Hello StartupBase! :)
My name is Max & I'm a co-founder at Lofty AI. We're a Y Combinator-backed real estate startup using A.I. to predict property appreciation.
We've found that most real estate investors make decisions based on gut feeling, local knowledge, and lagging indicators. Our goal is to help people be more data-driven when they're making big investment decisions.
We use very unconventional, real-time data to make our predictions, including:
Our A.I. works. In January 2019, our A.I. selected 1,363 properties for our walk-forward test. Fast forward to today, our properties appreciated over 33% (weighted average) -- over 10x more than the market average.
We've been selling our data to large real estate institutions for the past year, but we just launched our new consumer product that helps real estate investors find undervalued properties primed for rapid appreciation. If you're interested, you can learn more on our website -- https://www.lofty.ai/
Please feel free to reach out with any questions!
Max Ball Co-Founder @ Lofty AI https://www.lofty.ai/