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b"How is technology's evolution impacting how real estate investors manage their properties?\\n\\xa0\\nToday, Taylor is sitting down with Vikas Gupta, CEO of Azibo, a property technology company for real estate investors, to discuss the availability of tech, how it can make rental properties easier to manage, and the trends they see in the market. They dive into how Azibo's software helps maximize tax benefits and optimize operations through data exchanges and insights into the market. Plus, they explore the importance of building good relationships with agents, lenders, property managers, and vendors for successful real estate investing.\\n\\xa0\\nDon't miss this episode to get the inside scoop on how you can leverage technology to make the most out of your rental properties!\\n\\xa0\\n\\xa0\\n[00:01 - 07:30] Opening Segment\\n\\u2022 Introducing Azibo, a property technology company for real estate investors\\nHow to streamline the management of properties, from rent collections to maintenance requests and lease signings\\n\\u2022 The reason why real estate investors have not streamlined their operations with technology\\n\\u2022 Vikas' extensive background in technology, having worked at startups, VCs, enterprise data companies\\n\\xa0\\n[07:31 - 14:55] A Purpose-Built Accounting Suite for Property Owners\\n\\u2022 Business value props like saving time, money and maximizing returns\\n\\u2022 The onboarding process is straightforward, with bulk onboarding options available\\n\\u2022 Recently launched accounting suite better than QuickBooks for property owners\\n\\u2022 Adoption not as high as expected due to people not wanting to think about accounting until tax time\\n\\xa0\\n[14:56 - 22:16] A Guide to Optimizing Real Estate Operations\\n\\u2022 Clean books are essential to maximize tax benefits in real estate\\nAutomation can help people spend less time on their books\\nData exchanges and sharing data can be beneficial\\n\\u2022 How Azibo helps customers save 1 to 2 hours a month per unit they own\\n\\xa0\\n[22:17 - 25:38] The Most Important Lesson in Business and Investing\\n\\u2022 Real estate investors, in general, aren't great at cyber security\\n\\u2022 The importance of two-factor authentication and having a bunch of Fraud checks and screening\\nKnow your customer, know your business checks to protect tenants from fraudsters\\n\\u2022 More security does introduce more friction into the system\\n\\xa0\\n[25:39 - 30:49] Closing Segment\\n\\u2022 Best investment: Index funds\\n\\u2022 Worst investment: Investing in stocks and crypto\\n\\u2022 Most important lesson learned: The importance of a team\\n\\xa0\\n\\xa0\\nQuotes:\\n\\xa0\\n\\xa0\\n\\u201cNo one wants to think about accounting until it's tax time.\\u201d - Vikas Gupta\\n\\xa0\\n\\u201cIn order to know if you're paying too much, you need to know how much you're paying.\\u201d - Vikas Gupta\\n\\xa0\\n\\u201cBeing able to optimize your business requires understanding your business, and understanding your business requires having a very good understanding of the finances and the cash flows both in and out.\\u201d - Vikas Gupta\\n\\xa0\\n\\xa0\\n\\xa0\\nConnect with Vikas!\\n\\xa0\\nEmail: vikas@azibo.com\\xa0\\nWebsite: https://www.azibo.com/\\xa0\\n\\xa0\\n\\xa0\\nApply to Invest with Taylor at\\xa0www.investwithtaylor.com\\n\\xa0\\nTrack your wealth for free with Personal Capital, go to\\xa0www.escapingwallstreet.com\\n\\xa0\\nPlease leave a review and help others escape Wall Street and build wealth on Main Street!"