AI is rapidly becoming an essential tool across industries, but for real estate and asset management, it’s no longer optional. In his fourth appearance on the podcast, Neal Bawa returns to deliver a powerful masterclass on AI in real estate. Neal is the CEO and Founder/Cofounder of Grocapitus, Multifamily University, and Mission10K. Known as “the Mad Scientist of Multifamily,” his insights have helped him build an asset portfolio nearing $1 billion. Neal begins by reintroducing himself before diving into best practices for using AI in real estate. He explains how ChatGPT supports his developments and investment strategies, why AI excels at recommendations and comparisons, and how machine learning can save both time and money. He also shares tips on making AI tools more effective in the workplace. You’ll learn why AI is indispensable for real estate professionals, how to leverage ChatGPT’s “deep research” feature, and how AI can identify potential vulnerabilities to avoid legal issues. Neal also reveals how he uses AI for market research and which data sets he inputs to get the best results from ChatGPT. Tune in to find out how AI is transforming real estate (and how you can stay ahead of the curve)!
Key Points From This Episode:
- AI in real estate, plus best practices for maximization.
- Why you should be using AI in everything you do.
- How Neal’s ChatGPT Absorption Metric informs new developments and investments.
- The joys of leaning on AI for recommendations and why it’s best for making comparisons.
- Ways to make AI fun and rewarding for everyone at work.
- Becoming an AI master, saving valuable time, and the power of “deep research.”
- How AI can help identify vulnerabilities in contracts and agreements, minimizing legal costs.
- The data sets Neal and his team feed ChatGPT to get the best results.
- How AI fuels his market research.
Links Mentioned in Today’s Episode:
Grocapitus Website – https://www.grocapitus.com
Free eBook: Location Magic – https://multifamilyu.com/lp/location-magic-ebook/
Join Our Investor Club – https://multifamilyu.com/club
Episode 5: Marketing with Neal Bawa
Episode 116: Boosting Net Operating Income with PropTech with Neal Bawa
Episode 185: Neal Bawa – Less Distress
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