This time, we look into the world of property investment and explores the use of AI tools in property careers. Sarah and Nick talk about their personal experiences with AI in their property portfolios, including using AI for marketing, guest communications, and property location research. They highlight the time-saving benefits and creative structuring capabilities of AI tools, emphasising the importance of combining AI efficiency with boots-on-the-ground research and human interaction in property investing.
KEY TAKEAWAYS
Using AI tools like OpenAI and ChatGBT can help streamline tasks, create content, and provide valuable insights in a fraction of the time it would take manually.
AI tools can help structure ideas, brainstorm content, and provide suggestions that can spark creativity and improve the quality of work.
AI can provide valuable information and insights to help in making informed decisions, such as property investment locations, rental rates, and investment strategies.
While AI can be a powerful tool, it is essential to remember that it does not replace the need for boots-on-the-ground research, talking to people, and taking action in property investment.
Embracing AI tools, learning how to use them effectively, and continuously adapting to new technologies can help property investors stay ahead in the industry.
BEST MOMENTS
"I think it's real powerful. Property investors are saving a load of time on things like marketing, like you described. But you can be really simple."
"It's not going to help you implement it, haven't you? You've got to get off your bum, get out there."
"I use it all the time. I use it now instead of Google. I don't really Google anything anymore."
"Time efficiency is huge. And for me, in the hotel hospitality industry, the cost savings are immense."
"Hopefully, for those who haven't tried using AI in their property business, or in any business, hopefully, we've inspired you to just go on and start that process."
VALUABLE RESOURCES
This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591
Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem
ABOUT THE SHOW
This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property.
Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor. Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel. She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based. Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing.
CONTACT METHOD
You can join Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community:
https://www.facebook.com/groups/propertywealthcommunity
Caroline Email: caroline@propertywealthsystem.co.uk
Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/