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Show HN: Larry's Cheap Houses – Deep Learning Powered Real Estate Deals

larryscheaphouses.com

11–20 of 51 posts

Re: Show HN: Larry's Cheap Houses – Deep Learning Powered Real Estate Deals

#11
post #8

Often when there is a great deal, it means there is something wrong with the house or neighborhood.

Worth nothing that neither of those things disqualifies something from being a great deal.

In fact that often defines a great deal. If a house has a problem and you know how to deal with it but most buyers won't want to bother, that can make a really great deal.

Re: Show HN: Larry's Cheap Houses – Deep Learning Powered Real Estate Deals

#13
post #12
post #10

> "Send me great real estate deals" Why can't I just browse them? I honestly don't want to deal with your spam in my inbox every day.

try: greatdeals@mailinator.com

I will, but mentioning mailinator usually leads to its domains getting blacklisted :)

Re: Show HN: Larry's Cheap Houses – Deep Learning Powered Real Estate Deals

#14
post #5

I know "great artists steal" but man is this cutting it close compared to Scott's Cheap Flights. I mean, you even took the same copy text. What's funny is I'm not even sure if I mean that accusatorially or admiringly. Maybe both.

Hey Arubis, you're absolutely right. I copied the model from Scott (even the domain name). I'm unabashedly a huge fan and early subscriber of his newsletter since mid-2014.

Re: Show HN: Larry's Cheap Houses – Deep Learning Powered Real Estate Deals

#16
post #13
post #12

Earlier quoted context omitted.

try: greatdeals@mailinator.com

I will, but mentioning mailinator usually leads to its domains getting blacklisted :)

Heh. True. I'm with you though - I want to browse on my schedule, not be pushed yet more email that I have to sift through.

Re: Show HN: Larry's Cheap Houses – Deep Learning Powered Real Estate Deals

#17
post #10

> "Send me great real estate deals" Why can't I just browse them? I honestly don't want to deal with your spam in my inbox every day.

> Why can't I just browse them?

I think the business model is based on email subscribers. OP has mentioned elsewhere[1] here that he modeled the site and offering very closely based on Scott's Cheap Flights .com which was in the Cheap Flights domain.

See their story on IH. 320K / month in recurring revenue. https://www.indiehackers.com/interview/scotts-cheap-flights-...

[1] : https://news.ycombinator.com/item?id=16579003

Re: Show HN: Larry's Cheap Houses – Deep Learning Powered Real Estate Deals

#19
What exactly constitutes a "cheap house" though? Just because a house is ultra cheap in absolute sticker price does not make it a good deal, or even "cheap". It's a combination of neighborhood home values, property taxes, school system, local economy, demand, geography, appreciation rate, and climate which make a home a good investment, with the actual home itself mattering least among those. There's definitely a lot of undervalued real estate in the US, but just looking for cheap houses is a bad idea.

Re: Show HN: Larry's Cheap Houses – Deep Learning Powered Real Estate Deals

#20
Congrats on shipping! I was looking for something like this.

I did see that you have 1 past deal listed on home page. It would be great if you can add just a single page titled "Past Deals" or "Highlighted Deals" and show a few houses that your AI bot identified. That's more likely to encourage potential subs.

Also, how do you calc the CAP rate etc? Do you crawl existing sites that already have this data, or do you generate it on the fly? If the latter, how?

And how does your site / email list stack up against the following (which I think are somewhat related to what you are doing).

1) RoofStock.com - https://www.roofstock.com - Based in Oakland, they do end to end investing online, from intent to closing on mortgage. Most are already rented too, and they even provide Property Management services. They have a great engineering team. I even landed a Sr. Software Engineer position with them last fall, but ended up turning it down. Highly recommend if you are looking for a tech job... I think they are still hiring.

2) Mashvisor - https://www.mashvisor.com - Based in Silicon Valley (I think). They identify and list properties with AirBnB and Vaca rental potential. I like them too, but their sales team is very pushy and you can't do anything without signing up for a monthly subscription. I had a demo with their sales guy last year, and the whole thing was geared towards getting me to signup and pay.

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