Lecture on Real Estate Investment and AI Tools

Introduction

• Challenge: Use a $500 budget to get the most deals using unique prompts.
• Reward: $10,000 for the best prompt shared with the speaker.

Problem in Property Deals

• Difficulty in finding contact information for properties owned by LLCs or trusts.
• Traditional methods: Copy-pasting names, searching open corporates, digging into corporate structures.

Solution: Deal Machine Tool

• Release Date: November 25th.
• Features:
  • Deep dive into LLCs for contact info.
  • Provides decision makers’ names and mailing addresses.
  • Increases efficiency by offering accurate phone numbers for LLC properties.
  • Claims 95% success rate in retrieving accurate contact info.

Pros and Cons of the Tool

• Pros:

  • Simplifies contact retrieval which was previously cumbersome.
  • Increases efficiency and speed in reaching decision makers.

• Cons:

  • Reduces competitive advantage as it makes information access easier.
  • May result in increased laziness among investors as effort is minimized.

Using AI for Real Estate

• AI Application: Deal Machine employs AI to analyze property data.
• Example: Chat GPT app used for creative writing, emphasizing the importance of good prompting.
• Prompting Skill: Crucial for effective AI use, improving list building and deal finding.

AI Vision Builder in Deal Machine

• Function: Analyze data to identify distressed properties using visual and demographic data.
• Prompting: Create specific prompts to highlight property characteristics.

Benefits of AI in Real Estate

• Competitive Advantage: Unique property lists with less competition.
• Efficiency: Focus on income-producing activities like making offers.

Additional Features and Offers

• LLC Owner Match: Five layers deep analysis of LLCs.
• Reverse Engineering: Create lookalike lists based on successful past deals for better targeting.
• Cost: $0.02 per property for AI analysis.

Challenge Proposal

• Spend $500 or less using unique prompts and share to win $10,000.

Conclusion

• Future of Real Estate: Emphasis on early adoption of AI tools and skillful prompting.
• Industry Trend: Shift towards Niche, laser-focused property lists for efficiency.

Additional Resources

• Free Trial and Discounts: 7-day trial and Black Friday deals available.
• TCPE Changes Consideration: Importance of high-quality lists amidst regulatory changes.

Key Takeaways

• Mastering AI prompting is essential for success in real estate investment.
• Deal Machine provides a significant advantage in simplifying the process of finding property decision-makers.
• The future trend leans towards specialized, data-driven approaches to property deals.