How many of you use AI as Investors?

Question

I'm curious to see if people use AI as part of their business. I use AI for a few different purposes. Research, advertising, and I'll run deal analysis. Of course, I have to go through and double check it's work. But aside from that it works 90% of the time.

If you're using AI, how are you using it? Can you think of better ways to use it than how I am using it now? I'm open to new suggestions!

Ben Fernandez · Answer

Hadn't thought about using it for deal analysis. I have a suite of tools though for that.

All others, we share the same usage. AI has definitely optimized everyone's productivity.

Brad B. · Answer

Lately I’ve been using ChatGPT for creating copy, ie. create 12 months of monthly newsletters that I can email to my homeowner database every month and create cold email sequences.

For appointment setting: we offer an AI-powered re-engagement and appointment setting platform specifically built for RE investors that integrates with your CRM and ultimately makes your lead management process much more efficient.

Mason Jacobs · Answer

I use AI all the time! One of the things I do Is I pay the monthly $20 for ChatGPT, this way I can teach it what I want, of course you have to double check it but I will have it create entire social media posting calendars as well as topcs for me to use. Another this is running numbers on a deal, instead of punching them into a spreadsheet I upload my numbers to the platform and have taught it to tell me if it passes on not. If it doesn't pass I ask it why and it will give me points to utilize in any negotiation. I don't have it replace common sense or creativity but simply have it do the things im already doing 10X faster!

Brad B. · Answer

I use ChatGPT all the time, and then we also use AI for follow engagement and appointment setting.

Taylor Dasch · Answer

AI is super helpful in my business as an investor and as a real estate agent. I use it to create my follow up plans, create texts / emails, and give me ideas of what I can do that others may not be doing. I have also used it for deal analysis and it seemed to be pretty accurate. I probably wouldnt trust it 100% with that though unless I input all of the data that I have from my analysis in terms of ARV, rental rates, rehab rates, etc. now that I type it out, that actually would be a good idea aha.

Chris Seveney · Answer

@Nick Rutkowski

Tons of ways to use it. We are using it for quicker reference on all state laws regarding foreclosures and evictions

Also using it to scan notes and other due diligence packages we have.

We are also reviewing a company that can use it to scan bank statements and tax retturns to quickly sort where money is spent and if documents are fraudulent.

Too many honestly to name

Chris Seveney · Answer

We have everything microsoft so we use sharepoint to hold the files and when updated it automatically gets updated and use microsoft copilot and create a copilot agent based on those documents and internally we then have it in microsoft teams so anyone can use it.

Ben Fernandez · Answer

Interesting. I'll have to give that a try to see what it spits out. Thanks for sharing!

Nick Rutkowski · Answer

@Ben Fernandez Yes, it makes analysis a lot easier and faster. I can do an analysis by typing in the address to my module.

Mason Jacobs · Answer

Absolutley, it just takes the time out of doing something you are going to do anyways. Meal plans, posting schedules and workouts lol!

How many of you use AI as Investors?

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