Biggerpockets and AI

[Carlos Ptriawan]

Hi Boss,
I don't know whether you have think about it or no. But it's good if BP started to have its own AI LLM feature. I've used AI that uses Reditt for forum conservation and it's the best.

BP has the most very insightful information and tips how to handle residential real estate and rentals, rather than using the old ways of using search engine, it would be excellente when there's AI feature where I can ask something like this "what shall I do when my rental experience this and that happened,etc,etc".... use the LLM that could give input where person that has more like, could have more accurate answer. This feature would saving time for all of us and shorten the knowledge transfer.

[Scott Trench]

Look for the ScottBot in 2026. 

[Henry Clark]

Sounds great. 

[Aaron Breckenridge]

We’re aware of stuff going on with generative AI. We had an internal beta program last year that was good but not perfect, it almost made it out of beta.

We’re waiting for the hype to die down a bit and a clearer strategy to emerge before dumping a ton more effort into this. Costs are also a bit high right now and it’s a substantial investment, likely $1000s per day to run at a scale that would be useful to the community.

[Henry Clark]

@Aaron Breckenridge believe your with BP tech group?  You mentioned $000 of dollars per day.  Dont know about other BP contributors if I just took calls out of the blue I would have no problem charging someone $250!for 1/2 hour discussion.  

My point is my time is worth $000’s per day also.  

@Carlos Ptriawan suggestion has merit.     BPs discussion forum runs off the free support and responses of contributors.  That in turns feeds your podcasts and other monetization efforts.  

Developing an AI solution would relieve your free contributors from the repetitive questions that have been asked and answered but the user has chosen not onuse the lookup.  

[Carlos Ptriawan]

Actually you may not even to create one, this is the output of summary using NLP based AI:

Question: according to biggerpockets forum, shall LP investors participate into multifamily capital call ?

NLP:

Based on the information provided in the BiggerPockets forum posts, there are differing opinions on whether limited partners (LP investors) should participate in a multifamily capital call. Here are the key points:Reasons to participate in the capital call:

• It may allow the property time to stabilize and potentially sell within 24 months at a better price, avoiding a significant loss of LP-invested equity if forced to sell now in an inopportune market1.
• The additional capital can cover costs like rate caps and allow renovations to resume, which could help increase revenue and better position the property1.
• The operating agreement likely outlines the terms of the capital call that LPs agreed to2.

Reasons to be cautious about participating:

• Capital calls can indicate the investment is not as sound as originally thought and is potentially at risk2.
• There is uncertainty around whether the additional capital will be enough to turn things around, especially if interest rates remain high and the market stays challenging for longer than expected4.
• LPs need to carefully consider if they would invest in the deal now based on the current facts, rather than just trying to avoid a loss on their initial investment4.

Other important points:

• LPs should review the operating agreement, seek professional advice from their attorney, and ask the general partners detailed questions about the capital call2.
• If an LP is unable to contribute to a mandatory capital call, they may be considered in default and only entitled to the return of their remaining capital account balance, with no further distributions5.

In summary, whether an LP should participate in a capital call depends on their individual assessment of the risks versus potential upside after carefully reviewing the deal specifics and getting advice from professionals. There are valid arguments on both sides to consider. 


If I'm using Google AI, result is not that good: 


A capital call, also known as a draw down, is when a real estate investment fund or partnership asks investors for more money to cover expenses. These expenses can include property acquisitions, development costs, or unexpected repairs. The terms for capital calls are agreed upon in the investment contract. The BiggerPockets Forums are a place for real estate investors to find answers to questions and discuss real estate. BiggerPockets has over 2 million members and provides education, tools, and a community.


Lets ask another question:
according to biggerpockets forum, how to do due diligence when purchasing self storage unit ?

According to the BiggerPockets forum discussions, here are some key steps for conducting due diligence when purchasing a self-storage facility:

1. Analyze the financials thoroughly, including net operating income (NOI) and cap rates. Determine the property's value based on the income approach. Many "mom and pop" owners may not be familiar with these metrics5.
2. Conduct a detailed physical inspection of the property. Look closely at the condition of the storage units, security features, office, etc. Identify any deferred maintenance or repairs needed2.
3. Review the legal aspects, including zoning, permits, property taxes, insurance, and any existing contracts or leases. Ensure the facility is legally permitted to operate as self-storage4.
4. Evaluate the local market conditions, including occupancy rates, rental rates, and competition from other nearby storage facilities. Understand supply and demand dynamics1.
5. If purchasing an existing facility, review the current tenant files, rent roll, and delinquency reports. Verify the actual income matches the seller's claims2.
6. Consider hiring a professional appraiser experienced in valuing self-storage properties, especially if traditional bank financing will be used. Appraisals for storage facilities are not always common in smaller markets5.
7. Develop a detailed business plan, including a marketing strategy, capital expenditure budget, and growth projections. Many investors use their business plan as a roadmap after acquisition3.

In summary, thorough due diligence involving financial, physical, legal and market analysis is critical when purchasing a self-storage facility to mitigate risks and ensure a sound investment. Working with experienced professionals is often advised.

[Henry Clark]

@Carlos Ptriawan @Aaron Breckenridge.  Carlos.   WOW.  Since we do Self storage your last AI response was great.   That would save me as a contributor a lot of the upfront standard questions. I could then give more elevated discussions. 

Aaron.  I’m not technical and don’t plan to.  But whatever @Carlos did, created a more valuable usage of my time as a contributor.  

This then speeds up the BP up sale into Bootcamps, books, etc.  BP monetization.  At less expense to your contributors.  

By the way.  When do I get a free BP baseball cap?  That’s my monetization.  

[Carlos Ptriawan]

It's the enhanced version of LLM using "natural language processing" with using Claude/Opus mode(kinda next version of chatgpt, where chatgpt is more useful to open ended question). In the background the query goes to Amazon Web Service HyperPod which uses massive Nvidia H100 GPU.

The future for AI for "forum summarization" is great because every forum that's searchable publicly can be used in similar way. This particular LLM that uses NLP was created to summary forum conversations.

Having said that, I realized BP doesn't need to build AI, because these company can query the result.



(I know a bit of AI/ML as I work on the infrastructure side for the AI )

[Aaron Breckenridge]

@Carlos Ptriawan thread summarization is actually a use case we studied, but haven't had a chance to really explore further. That's a heckuva lot cheaper than a chatbot. All I can say is stay tuned.

[Steven S.]

Quote from @Aaron Breckenridge:

@Carlos Ptriawan thread summarization is actually a use case we studied, but haven't had a chance to really explore further. That's a heckuva lot cheaper than a chatbot. All I can say is stay tuned.

Following up on this, BP should have drilled-down market stats & ARV estimates like these nation-wide!

Are you hiring? lol

[Steven S.]

@Carlos Ptriawan And Carlos, your question indicates a huge gap of understanding. You want BP to rent or run their own servers to host a chatbot like OpenAI? LOL

There is no need for them to train a custom model... BP posts are indexed on Google/search engines, and AI models are trained on these things by default. Even if they weren't, just enable a web-search and say check BP, and it will gather all relevant posts and provide a summary based on them. Don't you remember our conversations surrounding AI and how much of a fail they are and will be for REI analysis and decisions?

[Henry Clark]

Quote from @Steven S.:

@Carlos Ptriawan And Carlos, your question indicates a huge gap of understanding. You want BP to rent or run their own servers to host a chatbot like OpenAI? LOL

There is no need for them to train a custom model... BP posts are indexed on Google/search engines, and AI models are trained on these things by default. Even if they weren't, just enable a web-search and say check BP, and it will gather all relevant posts and provide a summary based on them. Don't you remember our conversations surrounding AI and how much of a fail they are and will be for REI analysis and decisions?

Forget detail analysis.  BP forum first need is to cover basic, repetitive questions.  Carlos has already proven a base search and response can be performed on the BP data base.  Whether it is the best, cheapest, etc approach can be analyzed.
 But the tool exists today.
 What is????  1031, best market, plumber in Dallas, hey I’m 15 years old best REI approach, etc. etc etc.  What is your approach and solution?  Can you show a result in 15 minutes like Carlos did?  

[Steven S.]

 https://chatgpt.com/share/67e35b44-352c-800b-b9d8-79e44e703c...

@Henry Clark So do you see how ChatGPT can utilize BP posts to answer your Q's? It's really simple and takes <30 seconds!

But you might be getting confused... Carlos said "But it's good if BP started to have its own AI LLM feature" and that is what I am responding to. It's actually stupid for BP to make their own chatbot, as Carlos was requesting, because it's a waste of time & resources. The large AI companies already provide this.

[Henry Clark]

Quote from @Steven S.:

 https://chatgpt.com/share/67e35b44-352c-800b-b9d8-79e44e703c...

@Henry Clark So do you see how ChatGPT can utilize BP posts to answer your Q's? It's really simple and takes <30 seconds!

But you might be getting confused... Carlos said "But it's good if BP started to have its own AI LLM feature" and that is what I am responding to. It's actually stupid for BP to make their own chatbot, as Carlos was requesting, because it's a waste of time & resources. The large AI companies already provide this.

That example is great.   Now forget what both of you said.   How does BP set up and automate a response on their forum posts.  Move the conversation past you two and to BP.   People are lazy.  How do you automate it as part of their BP post?

[Steven S.]

Quote from @Henry Clark:

Quote from @Steven S.:

 https://chatgpt.com/share/67e35b44-352c-800b-b9d8-79e44e703c...

@Henry Clark So do you see how ChatGPT can utilize BP posts to answer your Q's? It's really simple and takes <30 seconds!

But you might be getting confused... Carlos said "But it's good if BP started to have its own AI LLM feature" and that is what I am responding to. It's actually stupid for BP to make their own chatbot, as Carlos was requesting, because it's a waste of time & resources. The large AI companies already provide this.

That example is great.   Now forget what both of you said.   How does BP set up and automate a response on their forum posts.  Move the conversation past you two and to BP.   People are lazy.  How do you automate it as part of their BP post?

@Henry Clark Sure, after thinking about it:

1. When composing a post (in the editor), have an automation to take the currently written content every 15 seconds, and send it to an AI with a system prompt like:

"Analyze the content below into summarized search terms and then check only bigger pockets forum posts from biggerpockets.com that you see on search results, and return me the top 5 most similar most recent posts. If there's nothing similar, you should only output "NO_MATCHES".   {USER_POST}".

If NO_MATCHES is returned, then loop again and try in 15s.

When matches are found, you can display these similar posts with the citation tags for sources (just like in the ChatGPT example), hover over sentences to see different posts & provide links to posts at the bottom of the editor.

This will allow those basic posts to be answered immediately, before they even get done writing their post.


2. Create a 'BP Expert' bot that identifies those surface-level posts or things that have a straightforward answer, and comments "This post has been identified as basic so I'll try to answer it for you. XYZ explanation. 123 sources." This will answer those basic posts or questions, and point them towards the other posts/sources.

This bot would also apply "Beginner", "Intermediate", and "Expert" tags (with their own colors) to each post below the title of each post so people could easily know what level each post is at. Some people like only expert level discussions, some only beginner, etc.


These two solutions avoid excessive API cost since it's not like a general chatbot anyone can just type things into, whilst still providing a lot of value to the community from beginners to experts. BP Pro members (subscription fee accounts) could get access to a chatbot or something that has custom system prompting/memory trained on BP posts (obviously with usage limits, I would make it like 50% profitable, i.e. charging 1.5x the cost of the API tokens they use).

I could think of more but I don't get paid to do this for BP lol

[Henry Clark]

Quote from @Steven S.:

Quote from @Henry Clark:

Quote from @Steven S.:

 https://chatgpt.com/share/67e35b44-352c-800b-b9d8-79e44e703c...

@Henry Clark So do you see how ChatGPT can utilize BP posts to answer your Q's? It's really simple and takes <30 seconds!

But you might be getting confused... Carlos said "But it's good if BP started to have its own AI LLM feature" and that is what I am responding to. It's actually stupid for BP to make their own chatbot, as Carlos was requesting, because it's a waste of time & resources. The large AI companies already provide this.

That example is great.   Now forget what both of you said.   How does BP set up and automate a response on their forum posts.  Move the conversation past you two and to BP.   People are lazy.  How do you automate it as part of their BP post?

@Henry Clark Sure, after thinking about it:

1. When composing a post (in the editor), have an automation to take the currently written content every 15 seconds, and send it to an AI with a system prompt like:

"Analyze the content below into summarized search terms and then check only bigger pockets forum posts from biggerpockets.com that you see on search results, and return me the top 5 most similar most recent posts. If there's nothing similar, you should only output "NO_MATCHES".   {USER_POST}".

If NO_MATCHES is returned, then loop again and try in 15s.

When matches are found, you can display these similar posts with the citation tags for sources (just like in the ChatGPT example), hover over sentences to see different posts & provide links to posts at the bottom of the editor.

This will allow those basic posts to be answered immediately, before they even get done writing their post.


2. Create a 'BP Expert' bot that identifies those surface-level posts or things that have a straightforward answer, and comments "This post has been identified as basic so I'll try to answer it for you. XYZ explanation. 123 sources." This will answer those basic posts or questions, and point them towards the other posts/sources.

This bot would also apply "Beginner", "Intermediate", and "Expert" tags (with their own colors) to each post below the title of each post so people could easily know what level each post is at. Some people like only expert level discussions, some only beginner, etc.


These two solutions avoid excessive API cost since it's not like a general chatbot anyone can just type things into, whilst still providing a lot of value to the community from beginners to experts. BP Pro members (subscription fee accounts) could get access to a chatbot or something that has custom system prompting/memory trained on BP posts (obviously with usage limits, I would make it like 50% profitable, i.e. charging 1.5x the cost of the API tokens they use).

I could think of more but I don't get paid to do this for BP lol

 Thank you.  Steven S.

@Moderators.  Please pass on to BP development team.  

BP realize you’re worried about accuracy and liability.

  Accuracy- you’re not guaranteed any of us posters are accurate.  So put a waiver on the AI response.   Also other posters will follow up with additional or corrective comments which already happens.  

Liability-  as mentioned put a waiver.  If needed add a Topic section called AI search.  Tied to a waiver process.

Monetization.  Pick a track that suits BPs model.  At the end of the response direct them to podcasts, BP books, vendors who also pay you for advertising, require them to get a ???? Membership after 5 AI responses, etc etc. 

[Scott Trench]

Look for the ScottBot in 2026. 

[Crystal Smith]

I've been a BP member for quite a few years. What we like about the platform is the ability to establish relationships with people. Some of them have become friends, clients, and partners.  I have even enjoyed monitoring the petty arguments that sometimes happen on certain threads.   I don't know the answer, but in my opinion, Bigger Pockets should be the platform that the public comes to when a new or experienced investor wants to hear from  & network with real people.  

[Katie Miller]

Quote from @Henry Clark:

 Thank you.  Steven S.

@Moderators.  Please pass on to BP development team.  

BP realize you’re worried about accuracy and liability.

  Accuracy- you’re not guaranteed any of us posters are accurate.  So put a waiver on the AI response.   Also other posters will follow up with additional or corrective comments which already happens.  

Liability-  as mentioned put a waiver.  If needed add a Topic section called AI search.  Tied to a waiver process.

Monetization.  Pick a track that suits BPs model.  At the end of the response direct them to podcasts, BP books, vendors who also pay you for advertising, require them to get a ???? Membership after 5 AI responses, etc etc. 

 @Aaron Breckenridge is a BP developer on this thread! so consider it passed on :) 

But I do agree with Crystal's point that lots of our top content contributors and forum posters are in it for the personal relationship development and don't mind the 1:1 interactions or perhaps repetitive content. You'll find the same type of interactions on any forum-based site (like reddit since that was mentioned earlier) with regard to repeat topics and same ol' but slightly different answers. Sometimes folks just want interpersonal connection

[Henry Clark]

Quote from @Katie Miller:

Quote from @Henry Clark:

 Thank you.  Steven S.

@Moderators.  Please pass on to BP development team.  

BP realize you’re worried about accuracy and liability.

  Accuracy- you’re not guaranteed any of us posters are accurate.  So put a waiver on the AI response.   Also other posters will follow up with additional or corrective comments which already happens.  

Liability-  as mentioned put a waiver.  If needed add a Topic section called AI search.  Tied to a waiver process.

Monetization.  Pick a track that suits BPs model.  At the end of the response direct them to podcasts, BP books, vendors who also pay you for advertising, require them to get a ???? Membership after 5 AI responses, etc etc. 

 @Aaron Breckenridge is a BP developer on this thread! so consider it passed on :) 

But I do agree with Crystal's point that lots of our top content contributors and forum posters are in it for the personal relationship development and don't mind the 1:1 interactions or perhaps repetitive content. You'll find the same type of interactions on any forum-based site (like reddit since that was mentioned earlier) with regard to repeat topics and same ol' but slightly different answers. Sometimes folks just want interpersonal connection

 Please provide a poster breakdown.  1 to 10; 10 to 20 since they have used BP.  Ghost their own posts.  Definitely agree with you two, the posters want personal interaction without using the lookup function.  And some of the regular posters like personal interaction or enjoying sharing their experience. 

But a Base level AI response that is both repetitive in nature and more complete would be a great place to start since the info already exists.  Then the experienced poster can build on that AI response.   Also, it is about Monetizing BP, for any change for any company to be made.  I think the AI response with a follow-up on the monetization ideas I noted above would be more beneficial to both the poster and to BP.

The AI solution already exists as evidenced by the two posters above.  So, it becomes a vetting, execution and monetization issue.

[Katie Miller]

Quote from @Henry Clark:

But a Base level AI response that is both repetitive in nature and more complete would be a great place to start since the info already exists.  Then the experienced poster can build on that AI response.   Also, it is about Monetizing BP, for any change for any company to be made.  I think the AI response with a follow-up on the monetization ideas I noted above would be more beneficial to both the poster and to BP.

The AI solution already exists as evidenced by the two posters above.  So, it becomes a vetting, execution and monetization issue.

 I'm not sure what you mean by a poster breakdown?