All Forum Posts by: Vitaliy Hayda
Vitaliy Hayda has started 1 posts and replied 4 times.
Quote from @Vitaliy Hayda:
6 months ago, I built a crude Google Sheets land search tool with GPT-4 post-processing to transform descriptions into yes/no answers. Within 3 weeks, we had a shortlist of 9 lots and ended up buying one. However, the other 8 have since sold too 🤔. Perhaps a tool like this could help spot supply-demand imbalances and/or misspriced lots; then those under-$40k lots (avg) could be bought & resold for 1.3-1.5x.
Here's a public test of the currently listed lots, three per state, suggested by the tool:
GA:
- https://www.realtor.com/realestateandhomes-detail/Ralston-Ga...
- https://www.realtor.com/realestateandhomes-detail/71-Laurel-...
- https://www.realtor.com/realestateandhomes-detail/Aubery-Ln-...
ME:
- https://www.realtor.com/realestateandhomes-detail/68-Quarry-...
- https://www.realtor.com/realestateandhomes-detail/9-Surry-By...
- https://www.realtor.com/realestateandhomes-detail/Sunset-Hil...
NC:
- https://www.realtor.com/realestateandhomes-detail/Old-Crows-...
- https://www.realtor.com/realestateandhomes-detail/Turkey-Run...
- https://www.realtor.com/realestateandhomes-detail/Bear-Cliff...
NY:
- https://www.realtor.com/realestateandhomes-detail/Hemlock-Ln...
- https://www.realtor.com/realestateandhomes-detail/Middlefiel...
- https://www.realtor.com/realestateandhomes-detail/231-Burke-...
PA:
- https://www.realtor.com/realestateandhomes-detail/Purple-Mar...
- https://www.realtor.com/realestateandhomes-detail/14-Pocono-...
- https://www.realtor.com/realestateandhomes-detail/Billy-Ln-L...
VA:
- https://www.realtor.com/realestateandhomes-detail/Dillards-H...
- https://www.realtor.com/realestateandhomes-detail/Egypt-Bend...
- https://www.realtor.com/realestateandhomes-detail/Riverbend-...
The areas where the tool "looks" were pre-screened. The 18 lots have an average price of $39,683 and a median price of $42,000, with an average acreage of 2.06 and a median acreage of 1.78. Assuming a 15% average negotiated discount, the $607,143 would secure a diversified portfolio of 37.15 acres, or $16,343 per acre.
Attached are some screenshots of the "tool" and a "pre-screen" polygon of areas that I have subjectively deemed promising. Curious to see what happens 3 to 6 months to test the idea. Feedback welcome!
6mo update: 11 sold, 7 available
Additionally, write a list of details you want to extract:
1. URL
2. price
3. acreage
4. price/acre
5. HOA (name)
6. gated property (yes/no)
7. unrestricted (yes/no)
etc
I've directly messaged you my hourly rate, but from what you've posted in this thread, adapting the tool will take a couple of hours.
Quote from @Robert Ellis:
I'd love to try this tool, we analyze every lot in our market under 25k in Columbus Ohio and this would be very useful. we need frontage, depth, acreage, price per acre, I can send you my current template and maybe you could modify it what do you think?
Certainly, if the information you're looking for - such as frontage, depth, acreage, etc - is included on the listing site or mentioned in the property's description, the tool should be able to extract it. Conversely, if the data is contained within GIS, the tool won't be able to fetch & merge it.
At present, the "tool" is just 800+ lines of code that I wrote. This means that it doesn't possess a user-interface that would allow you to make modifications according to your needs. Instead, any alterations would need to be implemented within the existing code.
Therefore, unless you're willing to hire me to modify the tool's coding, I wouldn't be able to assist in updating the code to suit your needs.
6 months ago, I built a crude Google Sheets land search tool with GPT-4 post-processing to transform descriptions into yes/no answers. Within 3 weeks, we had a shortlist of 9 lots and ended up buying one. However, the other 8 have since sold too 🤔. Perhaps a tool like this could help spot supply-demand imbalances and/or misspriced lots; then those under-$40k lots (avg) could be bought & resold for 1.3-1.5x.
Here's a public test of the currently listed lots, three per state, suggested by the tool:
GA:
- https://www.realtor.com/realestateandhomes-detail/Ralston-Ga...
- https://www.realtor.com/realestateandhomes-detail/71-Laurel-...
- https://www.realtor.com/realestateandhomes-detail/Aubery-Ln-...
ME:
- https://www.realtor.com/realestateandhomes-detail/68-Quarry-...
- https://www.realtor.com/realestateandhomes-detail/9-Surry-By...
- https://www.realtor.com/realestateandhomes-detail/Sunset-Hil...
NC:
- https://www.realtor.com/realestateandhomes-detail/Old-Crows-...
- https://www.realtor.com/realestateandhomes-detail/Turkey-Run...
- https://www.realtor.com/realestateandhomes-detail/Bear-Cliff...
NY:
- https://www.realtor.com/realestateandhomes-detail/Hemlock-Ln...
- https://www.realtor.com/realestateandhomes-detail/Middlefiel...
- https://www.realtor.com/realestateandhomes-detail/231-Burke-...
PA:
- https://www.realtor.com/realestateandhomes-detail/Purple-Mar...
- https://www.realtor.com/realestateandhomes-detail/14-Pocono-...
- https://www.realtor.com/realestateandhomes-detail/Billy-Ln-L...
VA:
- https://www.realtor.com/realestateandhomes-detail/Dillards-H...
- https://www.realtor.com/realestateandhomes-detail/Egypt-Bend...
- https://www.realtor.com/realestateandhomes-detail/Riverbend-...
The areas where the tool "looks" were pre-screened. The 18 lots have an average price of $39,683 and a median price of $42,000, with an average acreage of 2.06 and a median acreage of 1.78. Assuming a 15% average negotiated discount, the $607,143 would secure a diversified portfolio of 37.15 acres, or $16,343 per acre.
Attached are some screenshots of the "tool" and a "pre-screen" polygon of areas that I have subjectively deemed promising. Curious to see what happens 3 to 6 months to test the idea. Feedback welcome!