After I watched this video I decided to ask ChatGPT the keys to building a $100 Million multifamily real estate investing business (coincidentally I am writing a book on this topic)ChatGPT's Answer:There are several key factors that can contribute to the success of a multifamily real estate investing business:Develop a strong business plan: This should include a clear vision for the company, as well as specific goals and strategies for achieving them.Build a solid team: Surround yourself with knowledgeable and experienced professionals who can help you identify and acquire quality properties.Focus on a specific market: It can be helpful to specialize in a particular type of property or geographic location, as this can allow you to build expertise and become a go-to source for investors in that area.Invest in high-quality properties: Look for properties with strong potential for appreciation and cash flow, and be willing to put in the time and effort to make necessary improvements and updates.Utilize effective marketing and networking: Network with other professionals in the industry and use marketing strategies such as social media and targeted advertising to attract potential investors and buyers.Manage properties effectively: Proper property management is crucial for maximizing the value of your investment and ensuring the success of your business.Continuously look for opportunities to grow: Stay up-to-date on market trends and actively seek out new investment opportunities to continually grow and expand your business.This is a pretty good answer, and frankly it's amazing when you step back and consider that this service is brand new and 100% free.AI is going to change real estate investing, along with every other industry.

., $40 in your pocket today which could be reinvested, etc. has more value than $40 in your pocket 6 months from now.We'll target 12-20% IRRs depending on the asset class and risk profile.Hope that helps!

If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.Seeya around!

@Cal Ewing I cant say if you are wasting your time but if you have been seriously attending with the intent and means to purchase for 3 months and have yet to buy anything it may be time to adjust something.Reasons why you may not be buying:1) Target property was pulled from the auctionThis happens to the majority of good properties, sometimes as late as 10 minutes before the auction starts.  

You will find a lot of people in both states willing to do projects in the other.My advice is start off targeting a couple places on either side of the border to get the biggest pool of possible buyers.  

What are the areas you have targeted?

I am in Phoenix where old 2 bed 1 bath homes are a target for some rehabbers here.

So far I have sent Post Cards and Yellow Letters, and I have used Facebook Ads to market to the zip code I am currently targeting.  

If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.

We increased our monthly investment to $1500 and expanded our target market.