All Forum Posts by: Kyler B.

I have 2 tickets available. $800 each.

I have 2 tickets available. $800 each.

Sure, but you made a few critical mistakes.

1). Who cares if AI can find 3M people in 0.2 seconds if none of these people are motivated? Your entire example is based on an assumption that is factually wrong.

2) You are not looking for "distressed properties". You are looking for motivated sellers. (PEOPLE). So your entire post is completely wrong and misleading.

None of this matters. Man, all these friggin gurus man.  Like sharks.

The second there is a new shiny object ALL of them have their new products out making OUTLANDISH claims of what that shiny object can do.

READ MY LIPS, EVERYONE.

AI CAN'T TARGET MOTIVATED SELLERS!!!

It is all a stupid scam to get you into buying their latest new program. Nothing can target motivated sellers. NOTHING! Do not get fooled!

The reason why nothing can target motivated sellers is that when someone becomes motivated ONLY they know that they became motivated.

Nothing else can know when someone is about to become motivated.

Here is the mistake so many make.

Everyone assumes that foreclosure, absentee owners, job loss, relocation etc. etc = motivated sellers.

If that were true, it wouldn't take you 3000 mailers calls and texts to get just one lousy deal. So it is a FACT that people on your foreclosure, absentee owner, job loss, tax liens etc. etc. list are NOT motivated.

So here is what is going on.

Everyone makes the wrong assumption that foreclosures imply motivation and that now becomes a fact to them.

OK now, pay close attention. Well if foreclosures are motivated, and AI can easily find people in foreclosure, in 3 seconds, this means that AI can target motivated sellers.

Wrong! Fail!

If more people used their heads, and less people kept on regurgitating absolute nonsense, this ENTIRE space of REI would be far more successful. But people keep making outrageous claims and people buy that crap.

Stop the spread of nonsense, please.

Who gives a damn if AI can find 3000000 people in 3 seconds if none of them are motivated sellers. You just found a speedier and easier way to fail. That is all that post is saying.

While I've been having fun following the AI craze over the past several months, I've have had a hard time seeing where AI might disrupt the real estate industry... but it just clicked.

Here's my prediction - Over the next ~5-10 years, AI will be putting most architects, designers, and engineers out of business.

These AI tools are already getting to the point where you can input a certain set of parameters, and they will spit out 3D models of exactly what you're looking for.

Let's say for example you told an AI model the following:

 -You just bought an 8,000 square foot residential lot

 -You would like to build a 2,800 square foot single level home on the lot

 -The home should have 4 bedrooms, 3.5 bathrooms, and a 2 car garage

 -Ceiling heights should be a minimum of 10'

 -The home should take inspiration from Frank Lloyd Wright architecture and have contemporary finishes

 -Building should comply with XXXXX city code requirements for lot coverage, building height, setbacks, etc

In a matter of seconds, this AI model is going to be able to spit out dozen of options for you to consider that precisely meet the criteria that you have input. This is work that would have taken an architect, engineers, and a designer weeks or even months to complete.

As a developer I'm having bittersweet feelings about all of this. I love the creative process and I have so much respect for architects and designers. But I'm also looking forward to the cost savings. I'm spending between $35,000 - $50,000 per project just on architectural, engineering, and design fees alone. Not to mention as I said above, most of these creatives are crazy busy and take months to come up with a useable plan.

Zaha Hadid Architects have already started to adopt AI into their business. They recently used AI to generate 100,000 designs for a building interior in 27 hours. Excessive example, but you get the point. link.

I know there is always going to need to be some human involvement when coming up with usable buildings. But I'm stoked to see how AI changes the game in both residential and commercial real estate development. What do you guys think? Am I missing something?

 Manually D4D,

Hey everyone. Back again looking for some more advice. 

My last post talked about generating leads using a form created on a Facebook ad campaign I did couple of months ago which lasted 2 weeks. nothing panned out but I'm still determined to get, and close, my 1st deal.

I've stepped up my efforts since then...

I signed up for Carrot and built my online platform on there (peer feedback would be great - https://www.walkerhomebuyers.c...) and have started another, more detailed, Facebook ad campaign lasting 2 months. I haven't converted any leads as of yet but I'm only a week into the campaign so its still early in the game. 

but I cant shake this nagging feeling that i need to be doing something else right now instead of just waiting for leads to come in. i feel like the SEO strategy is a "set it and forget it" type of strategy which is exactly what I'm looking for but i still feel like i need to be doing something else WHILE checking the status of my campaign.

I've continued to pull list with the intent on doing some cold calling & reverse driving for dollars but I've been kind of limited in getting out at a decent time due to my actual day job and family time.

I don't really have the funds to invest in a VA right now

I'm till taking time to learn the industry when i can

What more could/should i be doing while the campaign is running?

Hey BP! Newer Investor here. Big cold caller for my R.E. business. 

Question: For D4D, my current approach is to gather the addresses, skip trace the addresses, then call the addresses. My question is, on a triple line dialer, sifting through 1,000 leads can be done pretty quickly. After I called the list should I leave it at that and move on to creating a whole new list? Or should I try to hit the list with mailers and "work the list more"