real estate

Multifamily Property Investor Rob Rowsell shows how to use ChatGPT for Real Estate ventures. Specifically in this video, Rob shows how he uses AI to vet contracts with investors, so that he doesn’t miss any important details.

ChatGPT for real estate contract review promptsChatGPT For Real Estate Contract Review

Right up front, Rob makes it clear that he uses AI to review every contract that he receives, no matter the subject. In his ChatGPT window, he has Project folders dedicated to each one of his real estate properties. Rob notes that Projects is a feature exclusive to ChatGPT Pro.

Those folders house every agreement regarding their assigned property. These documents include the insurance papers, property management contracts, and security agreements. Anytime that he has a question about one of them, he types it up, and then gets a quick answer back.

In effect, the ChatGPT Pro app is acting as a virtual business mentor. It gives him sound advice about all of his written business agreements.

When he writes the prompts, Rob makes sure to assign ChatGPT the role of an expert in the specific subject the document covers. That way, the advice he receives is laser focused on the topic, as well as swiftly delivered.

Over time, through machine learning, the app knows Rob’s preferences and his intentions for even better responses.

Join Our Multifamily Investing Community Today

Do you own your own multifamily rental properties? If not, do you plan to do so one day? Then you should consider joining our online financial group, the ATL Inner Circle Community! Each month, investing pro Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not quite as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up today!

Are you a beginner real estate investor? Then let veteran multifamily investment expert Rob Rowsell guide you to the right education course. There are so many rookie mistakes you can slip into, but Rob has been there and done that. Learn to grow your investment portfolio the right way!

Attention Beginner Real Estate Investor! Learn How To Avoid Common Mistakes

Beginner real estate investor rental homeBeginner Real Estate Investor Kris called in to Rob’s monthly Inner Circle Zoom meeting, and laid out her situation. She bought a house to renovate in order for it to generate revenue.

Unfortunately, she had some nightmare experiences with contractors. In fact, she was on her third contractor at the time when she called Rob. For future reference, she asked what education to pursue so she could avoid her properties becoming money pits.

Kris clarified that she planned at first to use the house for a home business, but then decided to use it as a single family rental property. Since Rob specializes in multifamily real estate investments, he recommended Ryan Pineda’s courses for single family rental homes. While Ryan’s education platform is a big investment, it is a goldmine of knowledge for any beginner real estate investor starting with a single family property.

Join Our Multifamily Investing Community Today

Do you own your own multifamily rental properties? If not, do you plan to do so one day? Then you should consider joining our online financial group, the ATL Inner Circle Community! Each month, investing pro Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not quite as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up today!

Rob Rowsell answered a caller who asked about which of two investing choices was the best arrangement. Should the caller choose a joint venture real estate deal or a syndication investment? Watch and learn which is the best scenario for your own property deal.

Real Estate Joint Venture Investment or SyndicationJoint Venture Real Estate Deal And Syndication Investment Compared

Our friend Gabriel asked Rob which factors dictated a joint venture real estate deal, rather than investing with a syndication. For example, could the number of units in the property play a role?

Instead, Rob feels like JV deals are appropriate whenever you can pitch in with competent, like minded friends. He shares his Christian faith with one group who he does Joint Venture investments with, although Rob welcomes non believers to his business circle. Faith in Christ just happens to be one of the common threads in the trust that bonds this group.

When is a Syndication property investment a better choice? Rob explains that if you contribute to multiple Joint Ventures, you will soon run out of money. Syndication investments do not require you to risk as much cash as a JV or become as directly involved. When you go into a Joint Venture, it’s all hands on deck amongst a small group to make sure all of the paperwork is signed and decisions are made.

So, which do you choose? Go with a smaller property and smaller team on a Joint Venture? You may get a greater return, but you will definitely work for it. A Syndication could reap a smaller reward, but will not require as much investment or effort. It all depends on your own financial situation, whether or not you have a close knit core group of investors, and what your goals are.

Join Our Multifamily Investing Community Today

Do you own your own multifamily rental properties? If not, do you plan to do so one day? Then you should consider joining our online financial group, the ATL Inner Circle Community! Each month, investing pro Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not quite as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up today!