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Updated over 1 year ago, 08/15/2023
using AI to make multifamily business more profitable
I am trying to figure out how to use AI to make my multifamily business more profitable, our team acquire more deals, and make myself more productive. I was hoping that AI can automate a lot of the most tedious parts of the business. However, AI still has a lot of limitation. As of May 2023, AI still can't underwrite deals, find rent comps, list all local brokers in a market with their contact info, give me all the multifamily listings in a market in real time, or make cold calls for me. Please correct me if I'm wrong. So far, I use it to write some of my content and it can kind of tell you how property tax in a county, but it's not very accurate. How are you using AI to automate your multifamily business?