Will AI Take Over Real Estate? Here’s the Truth...

Speaker 2 My uncontrollable movements called TD, tardo dyskinesia felt embarrassing.

Speaker 4 I felt like disconnecting.

Speaker 8 I asked my doctor about treating my TD and learned about Ingreza, a prescription medicine clinically proven for reducing TD in adults.

Speaker 7 That's always one capsule, once daily, and number one prescribed.

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Speaker 12 Ingreza can cause depression, suicidal thoughts, or actions in patients with Huntington's disease.

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Speaker 14 Don't take Ingreza if allergic.

Speaker 15 Serious side effects may include allergic reactions like sudden, potentially fatal swelling and hives, sleepiness, the most common side effect, and heart rhythm problems.

Speaker 16 Know how Ingreza affects you before operating a car or dangerous machinery.

Speaker 18 Report fever, stiff muscles, or problems thinking as these might be life-threatening.

Speaker 20 Shaking, stiffness, drooling, and trouble with moving or balance may occur.

Speaker 22 Take control by asking your doctor about Ingreza.

Speaker 21 Learn more at ingreza.com.

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Speaker 28 Welcome back, The Science of Flipping Family. This episode is all about AI.

Speaker 28 I just recently had the blessing and fortunate opportunity to be speaking in front of a large group of real estate investors from hedge fund managers to syndicators to small fix and flippers.

Speaker 28 And the entire subject matter was about AI.

Speaker 28 How is AI going to affect our precious real estate vertical?

Speaker 28 And the cool part about this event is there was

Speaker 28 three other

Speaker 28 speakers, so to speak. We had a panel that we really had a lot of time to answer different ways that we believe AI can really impact us.
And so I want to give you guys

Speaker 28 a little insight on what went down on this panel and how we were able to show AI being so powerful in the real estate space.

Speaker 28 Now, I know AI is kind of that key word right now and it's the buzzword and everyone's talking about AI and what platforms can do what. And trust me, everyone knows the major platforms.
I get that.

Speaker 28 We didn't get too far into the major platforms like ChatGPT. Now, we did talk about prompt AI, right? Where you're prompting certain AI technology to do certain things.
We talked about it. But really

Speaker 28 where we took the conversation was in a much larger

Speaker 28 scope, a much larger frame of the impact AI is going to have on real estate as a whole.

Speaker 28 One of the first questions the moderator asked us as the panel was, do we believe that AI is going to basically take over the space for real estate?

Speaker 28 Which depending upon where you're at in your journey of real estate, that could

Speaker 28 be something you're thinking about. Maybe it's not, but it is something that some of the big players, the hedge fund managers, the very, very large syndicators, some of the banks,

Speaker 28 they had intrigue on that question. And the reason being is because if some of these larger players, the hedge funds, the banks, the syndicators,

Speaker 28 insurance companies had a really big intrigue on this question.

Speaker 28 Property management had a really big

Speaker 28 interest on this question because some of these larger players, and I'm talking about national property management, not mom and pop, I'm talking about national, because they still rely so heavily on human capital.

Speaker 28 Okay.

Speaker 28 And so I actually was the first one that spoke up about this and I kind of went off.

Speaker 28 And the reason why I went off is because I believe, and it's just an opinion,

Speaker 28 I believe there will be no way to fully automate the real estate space. Now, do I firmly believe AI has come and is going to play impact and impact the real estate place? Yes.

Speaker 28 It's just too big, too smart, moving too fast. It is going to have a massive impact.
I'm not ignorant to that.

Speaker 28 But still, my belief within the space is there's going to always have to be some human component inside each transaction, right?

Speaker 28 We were talking about title companies was another one that had a massive interest in understanding is AI just going to take it over?

Speaker 28 And let me give you my perspective on this one thing.

Speaker 28 I run a company called Rocketly.ai, Rocketly.ai. I built the company with my co-founder, and you guys should check it out.

Speaker 28 If you are a small operator in the real estate space, I'm plugging it now, rocketly.ai.

Speaker 28 It will help you massively if you're doing any level of marketing spend to your company. Okay.

Speaker 28 Now, so I'm very familiar with AI, the impact of AI and where it can go, but I don't believe

Speaker 28 for the operators, and I'm talking about the people operating the insurance companies, the title companies, the real estate, you know, mom and pop, fix and flippers, and even the hedge fund companies, the people actually operating it, I don't believe they'll ever be able to be fully removed.

Speaker 28 The reason being, there's a lot of nuance within real estate.

Speaker 28 I don't believe there will ever be a one-size-fits-all analysis AI component.

Speaker 28 This

Speaker 28 question led in directly, you know, the question regarding is AI going to take over the

Speaker 28 real estate space led in directly to, you know, is there a program or an AI that can just make analyzing properties faster and accurate.

Speaker 28 That one task alone, in my humble opinion, and listen, I'm not the smartest

Speaker 28 person out there. I'm not the sharpest tool in the shed.
I just have a lot of experience in real estate.

Speaker 28 I don't believe based on the nuance of real estate, right?

Speaker 28 A storage facility versus apartment, a four-unit versus a five-unit, a single-family asset versus a duplex, a 400-door complex versus a 1,200-door complex. There's so much nuance.

Speaker 28 And there's so many people on the money side, right? The people who invest, the companies that invest, the hedge funds that invest, that have different buy boxes.

Speaker 28 They have nuance criteria that will fit their buy box.

Speaker 28 I just do not believe that there will be any type of technology that is a one-size-fits-all.

Speaker 28 Do I believe there could be 42 versions that might be implemented? That might be a a possibility. But then my point to this entire scope of questions

Speaker 28 was: you have to inspect what you expect. I'll say that again.
You have to inspect what you expect.

Speaker 28 So if you expect this technology to be 100% accurate 100% of the time, the only way to know that is if you inspect it manually with people, that it hit the target on a bullseye, right?

Speaker 28 And so

Speaker 28 it was a big talking point just about the the component of analysis that i just really firmly believe there could be 42 or 4 000 different versions of some automated bot that is going to calculate the returns and do all this kind of stuff and some of it is already out there do i believe it's going to take over no right i just

Speaker 28 anyone that is going to be investing in the asset, anyone that's going to be putting the money out, and that includes hedge funds, small mom and pops, et cetera, they're not going to 100% rely on technology because technology itself can fail, right?

Speaker 28 That is, it's foolish to think that just because technology is 100% accurate.

Speaker 28 And so

Speaker 28 you need to inspect what you expect all the time, and that goes through all your business, etc.

Speaker 28 Now, the other component that I said really heavily

Speaker 28 makes me pretty firmly believe that AI cannot take over the real estate space is the human-to-human component on negotiations.

Speaker 28 Let's just make the argument that there's enough AI out there that we do get to a place where all analysis is done via AI.

Speaker 28 Okay, well now what? So you just send over an offer via technology. Okay, and then who's receiving that offer? Is it technology? Well then who owns the asset?

Speaker 28 Probably people, probably a company, probably a hedge fund. You think they're going to allow technology to say yes or no to whatever offer that comes through.

Speaker 28 And so,

Speaker 28 again,

Speaker 28 the hand-to-hand negotiation component, and I believe this to be in all spaces, I believe always should be a

Speaker 28 person.

Speaker 28 I believe it should always remain in our hands because I believe negotiations and sales in general,

Speaker 28 there needs to be empathy. There needs to be emotion.

Speaker 28 There needs to be some stuff that just a black and white technology bot, although sure, you can make an argument that all these voice AIs are just as good. I just don't believe that for a second.

Speaker 28 They're fine for what they are, but they aren't ever going to replace us. Right? That's my belief.
This went into the conversation about title companies.

Speaker 28 Title companies, you know, there's always been conversation around even

Speaker 28 not Bitcoin, but chalk

Speaker 28 blockchain, blockchain replacing title companies, replacing escrow officers. And all this stuff can now happen on the blockchain.
So that's been happening for years. Now we have AI technology.
Now

Speaker 28 everyone's leaning into this idea that, you know, okay, well, now we can remove escrow agents and title agents and all these different things.

Speaker 28 I got to be honest with you guys. I don't see that happening at all.

Speaker 28 Now, again, I'm not saying that there aren't going to be components of AI or even blockchain coming into the real estate space and playing a part.

Speaker 28 But this crowd in our room filled up fast. If you guys have ever been at these conferences, this was the IMN conference, not the Inmin, but the IMN.

Speaker 28 There are some rooms that have eight people and then some rooms who have, you know, 100 people. Our room had 100 people.
Everyone wanted to hear about AI.

Speaker 28 And

Speaker 28 I just, again, believe that the nuance of title insurance coverages,

Speaker 28 going and finding,

Speaker 28 you know, any liens, there's a lot of technology that can do this stuff, but is largely dependent upon human capital, human resources to get the job done and over the finish line.

Speaker 28 If you've ever done deals, you know that, you know, at the closing table, it can be frustrating. Buyers don't show up.
Sellers don't show up. All sorts of different things, right?

Speaker 28 It's not just spitting out, you know, title insurance in a HUD, right? There's actual, this is why in many states, fiduciary states, there's closing lawyers, like quite literal lawyers, right?

Speaker 28 And so I just fully dismissed this idea of title.

Speaker 28 Because I just think, again, just like anything, there's not going to be

Speaker 28 a robot transacting the deal, just like sales, right? Just like negotiation. There's just not going to be.
And by the way, I sit here today, the year's 2025, right? Like, okay, fine. In the year 2090,

Speaker 28 maybe.

Speaker 28 Maybe this episode will be totally obsolete. But the reality is I believe in my lifetime, in the lifetime I'm going to be doing real estate,

Speaker 28 I don't believe it can fully take it over. And quite honestly, if it does, I think we have much bigger problems.
And I think our society is going to change so drastically.

Speaker 28 And I'm not trying to get my opinion too far on this episode, but I mean, I just think society in general would be in a way different place if all of a sudden AI and technology and blockchain just fully take over all this stuff.

Speaker 28 As a real estate investor and entrepreneur, I've hired a lot of people, VAs, acquisition reps, lead managers. And I'll be real, hiring can be a headache.

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Speaker 2 My uncontrollable movements called TD, tard of dyskinesia, felt embarrassing.

Speaker 4 I felt like disconnecting.

Speaker 8 I asked my doctor about treating my TD and learned about Ingreza, a prescription medicine clinically proven for reducing TD in adults.

Speaker 7 That's always one capsule, once daily, and number one prescribed.

Speaker 9 People taking Ingreza can stay on most mental health meds.

Speaker 12 Ingreza can cause depression, suicidal thoughts, or actions in patients with Huntington's disease.

Speaker 11 Call your doctor if you become depressed, have sudden behavior or mood changes, or suicidal thoughts.

Speaker 14 Don't take Ingreza if allergic.

Speaker 15 Serious side effects may include allergic reactions like sudden, potentially fatal swelling and hives, sleepiness, the most common side effect, and heart rhythm problems.

Speaker 16 Know how Ingreza affects you before operating a car or dangerous machinery.

Speaker 18 Report fever, stiff muscles, or problems thinking as these might be life-threatening.

Speaker 20 Shaking, stiffness, drooling, and trouble with moving or balance may occur.

Speaker 22 Take control by asking your doctor about Ingreza.

Speaker 21 Learn more at ingreza.com.

Speaker 23 That's ingrezza.com.

Speaker 28 Again, if you just think about the transaction of a single-family home, let's remove the hedge funds, let's remove insurance companies, let's remove title companies.

Speaker 28 Just think of your home, your transaction.

Speaker 28 Do you think you have some feelings, emotions in the idea of selling your home? Some pride of home ownership, some frustration of your home, whatever it may be.

Speaker 28 Do you think that plays into the role of how you would sell your home? And the answer is going to be, of course, right?

Speaker 28 And so it kind of just boils down to that basic concept of think about your own home when you're thinking about, can AI take this industry over?

Speaker 28 Is AI, we went all the way into property management, right? Is AI

Speaker 28 fully going to integrate into property management so that there's no human component?

Speaker 28 How?

Speaker 28 When the two

Speaker 28 people

Speaker 28 that either own the home or live in the home are people and there's a motion, and there's stuff that goes on. How is AI going to take this over?

Speaker 28 Right. And

Speaker 28 I do believe AI can play a part in some of these bigger companies like insurance, right? So that they can underwrite a property a little bit quicker on the location and,

Speaker 28 you know,

Speaker 28 stuff of that nature. Is it close to water? Is it not close to water? Are there fire hydrants around?

Speaker 28 I'm very aware that there is going to be components ai can play within insurance title companies property management um even building these buy boxes i'm aware of there's a component of it

Speaker 28 i would dismiss the entire idea that it's going to be fully taken over now

Speaker 28 i'm not the biggest tech person i'm not the biggest ai person there are people listening to this right now you guys are emphatically way further down the road on understanding and learning ai you may be fully disagreeing with everything I'm saying.

Speaker 28 You may be thinking AI is coming over and taking over everything. Okay, that's fine.
I just

Speaker 28 maybe it's intuition. Maybe it's a gut feeling.
Maybe it's just the concept of, again, owning your own personal home.

Speaker 28 The feelings you have about your personal home. If I were to sell and I'm not looking to sell,

Speaker 28 you know, I have emotion behind it. If I am met, my emotion is met with a black and white cold machine, a bot ai whatever

Speaker 28 then i'm i'm gonna go cold and a lot of times then we're gonna have a standstill whether we're gonna get sold sell something because it does become black and white it doesn't become emotional i'll give you a short story real quick about how i bought my home it was a for sale by owner on zillow um

Speaker 28 very difficult neighborhood to get in there was nothing listed and i said oh wait a minute maybe there's people selling it for sale by owner not on the mless

Speaker 28 So I found a beautiful home. I live in it.
I bought it, right?

Speaker 28 The reason I was able to buy it is because I reached out to the homeowner directly.

Speaker 28 It was currently an escrow of the buyer, and the buyer was kind of balking a little bit and wanted some things. The seller was kind of like, I don't really feel like doing this.

Speaker 28 I built a very good relationship with the seller. The seller basically said, Justin, if you are 100% in and you're willing to put a $40,000 earnest money deposit,

Speaker 28 then I'm going to draw a fine line in the sand with this buyer. I'm not going to be giving.
He's asking for a lot. I'm not going to be giving.

Speaker 28 It is a yes or no on my side, and he is going to either have to accept it or not.

Speaker 28 The buyer did not. The buyer wanted, I forgot what he wanted, but he wanted some things.

Speaker 28 So it fell out escrow. I immediately wired in $40,000 as an earnest money deposit

Speaker 28 and went through my due diligence of basically I only needed 10 days because I knew what I was looking for. I had an inspection here.

Speaker 28 It passed inspection from roofing to electrical to plumbing, et cetera, et cetera. I then wired in another $400,000 for my down payment and

Speaker 28 we bought the home. Now, how would a bot have been able to handle that? A bot would have been able to be black and white.
There would have been no nuance. There would have been no subjectivity.

Speaker 28 There would have been nothing. And I just don't believe, ladies and gentlemen, that AI can come over and take over our industry.
I believe agents will still be around for a very long time.

Speaker 28 Although, again,

Speaker 28 even with everything that's going on with the agents, I believe there's some nuance that will happen with agents. I believe their businesses will change over time.

Speaker 28 You know, and so

Speaker 28 I don't think there's a

Speaker 28 black and white answer, except this is what I do believe to be black and white. AI will not 100% take over our space.
Can AI be very instrumental in certain things? Yes, that is the black and white.

Speaker 28 Now,

Speaker 28 some further questions that went in, this is very cool to hear from the property management side, is understanding and evaluating risk.

Speaker 28 That was very cool to hear, is understanding how do you reduce your downside risk, whether you're buying rental properties, whether you're buying fix and flips.

Speaker 28 And we had a very large national property management company that was on there that has a basic tech company, as a matter of fact. The entire

Speaker 28 thesis for this property management company is you can run property management via technology with very little to no human capital.

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Speaker 28 And so I started listening to how they

Speaker 28 presented their ideas and I found it to be very intriguing, right?

Speaker 28 That all the underwriting for the tenants could be done through technology and AI and bots.

Speaker 28 I understood, you know, kind of all their points about making sure, again, the downside risk of a bad tenant, how you can basically use all the screening and all these different things, how you can find tenants through technology and then you can manage it through certain levels of technology.

Speaker 28 And then kind of the point I brought up.

Speaker 28 as a landlord, and I asked, this is a panelist that I basically asked him.

Speaker 28 And it was great, by the way.

Speaker 28 I basically just said, hey, when it's time for said tenant to leave, is there going to be technology or a bot that's going to come in and give me a number of how much money I need to spend to repair or fix the home as they lived in it for two, three, four, five, six, seven, eight, nine, ten years?

Speaker 28 And he said, well, no, that there's going to have to be a contractor involved that kind of gives you an estimate. And I said, okay, fair enough.
And I only asked, not to be rude or to, you know,

Speaker 28 I just asked because I just believe as much as we can systemize screening a tenant as much as and by the way again it is the you know proper expectations you need to inspect what you expect at all times so i didn't want to you know pepper him but i would make an argument um

Speaker 28 you know letting technology simply um

Speaker 28 you know, underwrite whether a tenant is worthy.

Speaker 28 You know, ladies and gentlemen, I hate to say this, but there's not the most scrupulous people out there doctoring some documents and, you know, PDF editors and all these other things that people can submit to technology and have no human component.

Speaker 28 I don't believe that to be the best decision, right?

Speaker 28 You know, I know that people out there doctoring documents and income and

Speaker 28 whatever the things are, they can go out there and there's enough, again, technology that you can make it look pretty pretty seamless.

Speaker 28 I mean, I just remember COVID, and people were saying that they were taking their

Speaker 28 positive COVID test and just editing it on whatever, I'm guessing, PDF editor, and turning it negative and submitting it. And then they would be able to travel or whatever the case.

Speaker 28 Like, this isn't that hard to change things. So then we're talking about allowing a tenant

Speaker 28 to occupy one of my rentals that all we did was allow technology to say, yes, they have the income and yes, they have the credit. Is that really where we want this to go?

Speaker 28 And I'm going to argue, no. This is, again,

Speaker 28 I didn't want to pepper him myself. I just,

Speaker 28 you know,

Speaker 28 knowing what I know about finding tenants and filling tenants and having tenants and dealing with tenants, like, holy moly, like, if you are just going to let technology make those decisions,

Speaker 28 I believe on a pretty large percentage basis, you're going to come into

Speaker 28 not the tenant you wanted, right?

Speaker 28 Again, this is, and maybe I'm old school, guys. Maybe you guys are listening to this and say, Justin, I totally disagree.
I think this is going to be totally easy or,

Speaker 28 you know, it'll get to this place. I just believe

Speaker 28 you want great tenants who won't trash your home and will pay on time. Allowing tech to,

Speaker 28 you know, make that decision for you is to me pretty short-sighted. This goes back to inspect what you expect.
If you expect technology to make that decision, then you still have to inspect it.

Speaker 28 Well, guess who's inspecting it? The people,

Speaker 28 right? We had a great,

Speaker 28 there was another panelist in the insurance space. And he had some really good points on how impactful tech will be in insurance.

Speaker 28 That was probably the most enlightening thing for me that I thought was so cool was the insurance play play and how AI and technology are going to play such a massive factor within how people under or how companies underwrite assets and how it could potentially get lower costs.

Speaker 28 Because I think we're all aware. If you've been in real estate here for the last year and a half or two years, you understand what has happened to insurance.
I mean, it's just insane.

Speaker 28 My own home insurance is insane, let alone all the rentals I have and things of that nature, which, you know, at the end of the day, it changes numbers, right?

Speaker 28 Insurance increasing changes the profitability. It changes, is this asset going to be good? Is it not going to be good?

Speaker 28 And so

Speaker 28 I thought it was really

Speaker 28 quite interesting to hear the perspective on insurance.

Speaker 28 And again, because it's underwriting risk, essentially, it can take a whole lot of data points that are already within the internet and technology and within government, you know, the the cities and counties information.

Speaker 28 And so I thought that was really important.

Speaker 28 And it's all important, but I thought it was very interesting, I guess.

Speaker 28 But then as a whole, I think the entire panel and the point I was kind of making really resonated with most people is.

Speaker 2 My uncontrollable movements called TD, tard of dyskinesia, felt embarrassing.

Speaker 4 I felt like disconnecting.

Speaker 8 I asked my doctor about treating my TD and learned about Ingreza, a prescription medicine clinically proven for reducing TD in adults.

Speaker 7 That's always one capsule, once daily, and number one prescribed.

Speaker 9 People taking Ingreza can stay on most mental health meds.

Speaker 12 Ingreza can cause depression, suicidal thoughts, or actions in patients with Huntington's disease.

Speaker 11 Call your doctor if you become depressed, have sudden behavior or mood changes, or suicidal thoughts.

Speaker 14 Don't take Ingreza if allergic.

Speaker 15 Serious side effects may include allergic reactions like sudden, potentially fatal swelling and hives, sleepiness, the most common side effect, and heart rhythm problems.

Speaker 16 Know how Ingreza affects you before operating a car or dangerous machinery.

Speaker 18 Report fever, stiff muscles, or problems thinking as these might be life-threatening.

Speaker 20 Shaking, stiffness, drooling, and trouble with moving or balance may occur.

Speaker 22 Take control by asking your doctor about Ingreza.

Speaker 21 Learn more at Ingreza.com. That's -

Speaker 23 R-E-Z-Z-A.com.

Speaker 24 JPMorgan Payments helps you drive efficiency with automated payments and intelligent algorithms across 200 countries and territories. That's automation-driven finance.
That's JPMorgan Payments.

Speaker 25 Morgan, Internal Data 2024, Copyright 2025, J.P. Morgan Chase Company, All Rights Reserved, J.P.
Morgan Chase Bank, NA member, FDIC. Deposits held in non-U.S.
branches are not FDIC insured.

Speaker 25 Non-deposit products are not FDIC insured. This is not a legal commitment for credit or services.
Availability varies. Eligibility determined by JPMorgan Chase.

Speaker 26 Visit jpmorgan.com slash payments disclosure for details.

Speaker 27 Fidelity active ETFs have the flexibility to shift and transform as markets do the same.

Speaker 27 So instead of just riding an index, they can seek to outperform it by adapting to market conditions and and pursuing new opportunities as they emerge.

Speaker 27 And while you get the potential outperformance of an actively managed fund, you can still buy and sell it on your terms, just like any other ETF. Markets can change in real time.

Speaker 27 Make sure your ETF can too. Learn more at fidelity.com slash active ETFs.
Before investing in any exchange-traded fund, you should consider its investment objectives, risks, charges, and expenses.

Speaker 27 Contact Fidelity for a prospectus, an offering circular, or if available, a summary prospectus containing this information. Read it carefully.

Speaker 27 While active ETFs offer the potential to outperform an index, these products may more significantly trail an index as compared with passive ETFs.

Speaker 27 ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses.
Fidelity Brokerage Services LLC, member NYSE, SIPC.

Speaker 28 As a whole,

Speaker 28 humans will be still a very large part of this space.

Speaker 28 Someone brought up a great analogy, like AI and technology is kind of like wine.

Speaker 28 Not just in the sense that it's going to get better with time, but also there's different varietals, there's different flavors, there's different types of grape, there's different ways to make the wine in different seasons.

Speaker 28 And so there's a lot of, again, nuance to just the idea. of AI within our space.
It will never be a one-size-fits-all.

Speaker 28 I believe we all agreed to it'll never be this one type of platform that's going to be a one-size-fits-all. It serves everybody.

Speaker 28 Because again, what I brought up on the beginning of this, there's just so much nuance. Now,

Speaker 28 before,

Speaker 28 well, let me say it this way. I do believe you need to get smarter on AI.
I do believe you need to understand it. I do believe there's a very big value in it.

Speaker 28 So I'm not sitting here shitting on AI is like a bad thing. I just believe that there are small components within real estate that AI can be very good at.

Speaker 28 It will not take over insurance. Well, insurance actually felt like it would be faster to take over, but it won't take over title.
It won't take over realtors. It won't take over

Speaker 28 underwriting.

Speaker 28 You know, it won't take over the human component. And so,

Speaker 1 but.

Speaker 28 It doesn't mean you should be ignoring AI. Most of my team uses AI on a daily basis.

Speaker 28 I don't day to day because a lot of my, frankly, seat in my companies is a lot more of the people side, meetings and Zooms.

Speaker 28 But even that, something like the Firefly.ai, you know, that component on Zooms is very helpful in, you know, recording it, having it being a written version so someone can review.

Speaker 28 You can throw that into chat GPT, you know, get a Cliff Note version of what went down for the meeting. I mean,

Speaker 28 there's just a lot that should be

Speaker 28 adopted by many of you listening to this right now

Speaker 28 but it doesn't mean this goes back to the thing i'll tell you all the time it still takes you to do the work right i sat down with uh offer pads head contractor while i was at this conference and talking about construction and i mean obviously there's just no way uh that can get removed there's just not i know they're they're building um printed homes now i get it um

Speaker 28 I just don't believe there will be a contractor. Like, who's going to do the inside? Who's going to do the electrical?

Speaker 28 It's just going to be needed, right? There's going to be people needed in the construction side. And I say that because one of the things him and I agreed on heavily

Speaker 28 is

Speaker 28 the people that are trying to systemize their business to completely remove their business.

Speaker 28 and exit, so to speak, and just like allow all this automation to work and allow all these systems to work and them remove themselves.

Speaker 28 Those are the same people that are going to find themselves either out of business or in a lot of financial pain. A lot, right?

Speaker 28 Because they didn't stay in the business long enough to find the results they were looking for. So adopt AI as far as you think you can.
Don't get overly, you know,

Speaker 28 I don't know, excited about it in the sense of what we do day to day, negotiating deals, comping deals, making offers. I don't believe it'll change our world there.

Speaker 28 Can it start to help a little bit with underwriting? Yes. But again, inspect what you expect.
And, you know, it's going to be a fun journey with where tech's going. Scary journey, frankly.

Speaker 28 I'm not the biggest tech guy, so it is a little bit scary to me to think about all this.

Speaker 28 I definitely don't want Terminator to be the end result or Terminator 2 to be the end result of this where you have, you know, technology and all this stuff. So anyways, take it for what it is, guys.

Speaker 28 AI is here to stay. It's not going anywhere.
Learn the things that are going to be good for you. But at the end of the day, you still got to do the work.

Speaker 28 So if this was helpful, if this was interesting, you think two or more people need to hear this, please share this episode. And we'll see you on the next episode of the Science of Flipping.

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