How are you using AI in your RE investing?

[Wayne Kerr]

How's everyone using AI to benefit their real estate investing portfolio?

Heat maps showing crime? Maps showing geographic school districts? Maps showing where new permits have been pulled? Then maybe overlaying some of these maps? 

Could show pricing trends for certain areas - list to sale ratio, # of houses sold in a certain area, # of listings in a certain area

Seems like there is a good bit you show on a map, especially location wise to show the best locations. 

AI to analyze your properties on a quarterly basis? AI for tax strategies? AI for choosing the best loan?

The more I think about AI and data collection (especially if this data can be collected automatically) I really think the sky is the limit. it makes sense to use this new technology to automate tasks, increase efficiency and likely improve your RE portfolio.  And AI is still new, better to jump on the bus as soon as you can. 

That being said - how are you currently (or planning to) using AI to improve your business?

[John Litz]

I use AI for marketing on my STR. I ask for scripts on pictures. Optimize for SEO. Different ideas to improve the property. In addition I use AI to help write LTR leases for my area optimized for an easy eviction. Tax strategies and budget analysis.