Epic Real Estate Investing - From Robots to Riches: How AI and LLCs Are Changing the Real Estate Game | 1263

Episode Date: April 25, 2023

Have you wondered how AI is going to impact the real estate industry? Hang on! Today, we're diving into it deep. Artificial intelligence is revolutionizing the real estate industry with its ability to streamline processes, increase efficiency, and provide more accurate predictions for property values and investment opportunities. With AI-powered virtual tours, chatbots, and property recommendations, real estate investors can save time and increase their chances of success in the market. Then, if you're looking to protect your assets and maximize your tax benefits, LLCs are the way to go. With legal protection, anonymity, and easier financing options, LLCs provide a multitude of benefits for real estate investors… and we’ll give you the latest tips and tricks. And if you’re struggling to find motivated sellers, or putting creative deals together, or scratching their heads with what to offer so that the sellers don't look at you funny… or all of the above… you’ll be glad you’re here. So, whether you're a seasoned investor or just starting out, incorporating AI and LLCs into your business strategy can help you achieve success and reach your financial goals. Don't miss out on this opportunity to stay ahead of the game and join us for this episode of the Epic Real Estate Investing Show. P.S. Whenever you're ready... here are 3 ways I can help you become the healthy, wealthy, beast of an investor God designed you to be: 1.    Become an Epic community member at “Epic Real Estate Investing.” One of Mercedes’ and my favorite things to do is share with investors real estate trends, interesting guests, and housing market news. We do it every week, and you can listen in by subscribing to Epic Real Estate Investing on Apple Podcasts - Click Here. Or WATCH HERE on YouTube. 1.    Become an Epic partner (I'll pay you) If you want to go deeper and further as a real estate investor, looking into my partner program to help you get your first deal might be the move... take the first step here for free. 1.    Work with me One-on-One If you'd like to work directly with me on your business... meet me here, answer some short questions, and we'll hop on the phone to brainstorm some cool ideas for you and your market. Also...check these out :) FreeEntity.com (Need an LLC? Get one for almost FREE) DealEngineer (Most powerful data for finding motivated sellers) TrueProfit.net (Less stress and greater profits for your real estate business) Learn more about your ad choices. Visit megaphone.fm/adchoices

This is Terio Media. Today, we're diving into the artificial intelligence revolution that's taken the real estate industry by storm. From virtual tours to predictive analytics, AI is transforming the way we buy and sell properties. But that's not all. We're also talking about protecting what you've built after you've built it using a simple and commonly known yet underrated legal tool. And of course, we can't forget the cash flow deal of the week and then the latest good news and some surprising. updates from the real estate market. You're ready? Hey, strap in. It's time for the epic real estate investing show. We'll be your guides as we

navigate the housing market, the landscape of creative financing strategies and everything you need to swap that office chair for a beach chair. If you're looking for some one-on-one help, meet us at rei-aise.com. Let's go, let's go, let's go, let's go, let's go, let's go, let's go. Let's go. Artificial intelligence. You heard of this? I mean, how could you not these days? for short just in case. It's disrupting all types of industries and real estate is not excluded. The first industries where humans are experiencing job displacement right now are in manufacturing, retail, transportation, customer service, and data entry. So where does real estate fall in that line? Well, I've got something that's going to blow your socks off like a hurricane meets a tornado

meets a, uh, well, you get the picture. We're talking about the future of real estate investing and how artificial intelligence is really going to shake things up. And there are six specific ways to be exact. And trust me, you don't want to miss this. And if you're a real estate investor, you really don't want to miss number six. Little good news, little bad news, and we're going to cover it off. You ready? Let's go. So let's get ready to rumble with our first AI powered game changer. Number one, virtual property tours, say goodbye to awkward home visits and say hello to 3D walkthroughs. AI generated virtual tours are all the rage now, and they're only getting better. These virtual tours are so realistic. You can almost smell the fresh paint on them walls. I'm just waiting

for the day when AI lets me taste that virtual wine in the seller. Number two, chatbots and virtual assistants. They are revolutionizing customer service in the real estate industry. With AI powered chatbot, you can get instant answers to all your burning questions, like, is this house haunted? Or how much avocado toast can I buy with my mortgage saving? As a real estate investor, that's pretty cool, right? An AI powered chat bot that answers your sellers and buyers questions around the clock,

as if it were you yourself answering. That bot might even answer their questions better than you. and at 3 a.m. in the morning, resulting in more closed deals. Number three, property valuation. So no more relying on your psychic abilities to predict how much a house is worth. AI algorithms are revolutionizing property valuations by analyzing market ups and downs and available inventory and location data and everything else. And this part could be a great thing for the consumer in one regard.

And here's what I mean. These AI algorithms can gobble up tons of data like property features, market trends, past sales, and then burp out super accurate property evaluations faster than you can say sold. So say goodbye to slow appraisals, human slipups, and biases. If you've purchased more than a couple properties in your lifetime, you know how appraisals can be the make or break point in your deal. AI will be like having your own personal real estate genie, granting fair and transparent property wishes left and right.

Number four, AI property recommendations. So no more sifting through a mountain of listings like it's some sort of treasure hunt. AI algorithms can now match you up with your dream home based on your preferences, your budget, and maybe even your astrological sign. Yeah, it can do that. Number five, smart contracts and blockchain. With AI-powered smart contracts, real estate transactions are about to become as quick and easy as buying a pair of socks online.

And if you think I'm pulling your leg, experts across the globe right now are nodding their heads in agreement. This futuristic combo is bound to revolutionize the world of real estate. According to a report from Deloitte, the use of blockchain and real estate is set to increase transparency, speed up transactions, and reduce the risk of fraud. No, strap in. This rocket ship of innovation is taken off. And we're all along for the ride to a more efficient, secure, and downright mind-blowing real estate market. Number six, the one you

investors have all been waiting for. And, you know, I was just thinking back in the day, real estate investing was all about, you know, knocking on doors, sticking your nose and dusty newspapers and praying to the property gods for that sweet, sweet deal to just land in your lap. And the good news is, all that stuff still works. The bad news is there's something new on the block that's kicking all that stuff you know what. Well, I guess. it's only bad news if you choose to ignore it. And yes, I'm still talking about artificial intelligence. And here's what I mean. Imagine having a crystal ball that can tell you which properties are most likely to sell, which ones are going to make you filthy rich and which ones that you should just

stay away from and totally ignore. Sounds amazing, right? You know, if you've been in real estate for longer than five minutes, you know that we've all wished for that crystal ball dream to come through at some point in our real estate investing careers. And guess what? Your wish may have just been granted. With AI, the crystal ball is now a reality. I'm talking about deal engineer. It's the industry leader in using AI to revolutionize the real estate investing world. They've analyzed over 1.5 billion. Yes, billion data points, including 40 years of property data in the U.S. to give you a seriously unfair advantage in real estate investing. Deal engineers like Kevin, a team of Nobel Prize winning scientists, combined with the savviest real estate moguls, all crammed into one super smart deal

finding machine. Just feed it some data and it'll turn out the most promising properties with a 15.3 times higher propensity to sell. It's like having your cake, eating it, and then finding out it's calorie-free. So what's the impact? What does this mean to you? Well, for starters, you get to stop chasing all those wild geese and you can say goodbye to chasing properties that are promising as a wet firecrack. With AI on your side, you'll be zoning in on the hottest deals like a heat-seeking missile. This mind-blown technology is so ahead of its time as like Marty McFly himself brought it back from the future. And it's here for us to deploy and enjoy right now. The future of real estate investing has arrived, and it's

got a big old AI stamp on it. So don't ignore this. Don't get left behind. Hop on the AI train, and let's ride it all the way to the bank. Together. We'll be back with more right after this. You think you understand how this business works, but you don't. Landman, TV's biggest phenomenon returns to Paramount Plus from Taylor Sheridan, co-creator of Yellowstone, starring Billy Bob Thornton. You have to know the rules of the game and bend them. And you really have to know them to break them. Demi Moore.

I want success. Get it for me. Andy Garcia, Ali Larder, and Sam Elliott. You don't even know the game we're playing, do you? Landman, new season, now streaming. Only on Paramount Plus. Hope is not a financial strategy. Let's get back to work.

Are you struggling to find motivated sellers, putting creative deals together, and scratching your head with what to offer so that the sellers don't look at you funny? If you answered yes, I've got something for you. Because I've been through this before. Not many today can say that. I'm hosting an exclusive private one-day immersion next month for a select group of investors like you. This is your chance to access the knowledge and strategies your business is missing for a market

that's in limbo with so much uncertainty. Together, we'll dive into powerful marketing techniques to attract motivated sellers, creative deal, structuring to maximize your profits, generating multiple profit centers on the back end for a robust business. I'm keeping it small and intimate, with only 32 seats available. So everyone gets the attention they need to transform their business. If you'd like to join us, head over to Adaptorsadvantage.com. Hey, and I totally get it if you're a little skeptical with regard to the countless get-rich in real estate promises out there. I mean, who hasn't been burned by those gurus with their flashy courses that promise the world but only give you half the map?

Like they dangle a carrot in front of your face, and just when you think you're about to take a bite, they yank it away and say, oh, sorry, that carrot is only for the platinum package. We're not playing that game here. There will be no courses for sale because I'm going to give them all to you as soon as you register. I'm talking about courses that people have paid me upwards of $50,000 for. It's all there waiting for you inside my virtual training center, where I'm constantly updating and adding new lessons, materials, and resources. So say goodbye to those gurus and their sneaky sales tactics. You get it all. Trust me, it's a lot more fun when we're all in it together. All the details are waiting for you at adaptorsadvantage.com.

Today's property is in St. Louis, Missouri. And tell us what the numbers are. This three-bedroom and 1.5 bath home boasts a comfortable living space of 999 square feet. The home was built in 1961, but don't let that deter you. It has been recently updated with a new furnace, a new AC unit, a new hot water heater, two new plumbing stacks, a new electric panel, new windows, a new fridge and stove. Outside, the home has a beautiful lawn that is sure to impress. The location of this property is perfect for families,

school-aged children. Hazelwood Southeast, Middle School, and Laramore Elementary School are both close by, so your tenants don't have to worry about a long commute. Additionally, there are plenty of other amenities in the area. The Spanish Lake Market is nearby for all your tenant's grocery needs, and there are malls, small shops, banks, and parks all within easy reach. There are even major parks in the area where you can enjoy the great outdoors. The best part of this property is that it is currently occupied with a lease in place through February 28th, 2024. The property is being rented at $1,095 per month, so you can start earning a return on your investment right away. If you'd like more information on this property and others just like it, head over to

cashflow savvy.com and we'll get you what you need, cashflow savvy.com. She's been helping busy professionals for more than a decade now build passive cash flow with real estate so they can take their foot off the gas a bit and enjoy the good life. Let's raise our hands, unless you're driving, of course, for the turnkey girl Mercedes-Torres. Protecting your assets is as important as building them. And one of the tools at real estate investors disposal is the LLC, the limited liability company. So if you've been considering transferring your property to an LLC or wondering if you should even bother, you're in luck because I've got some tips and tricks. that'll make the process easier than buttering up a hot roll.

Let's start with the story. A client, Bob, once had a rental property in his name, and it was doing pretty well. But then he heard about LLCs and thought, hey, I should totally transfer my property to one of those bad boys. So he did some research, made some calls, and soon found himself in a mess of legal paperwork and confusion. Poor Bob. Don't be like Bob. By failing to prepare, you are preparing to fail. Benjamin Franklin famously said, so let's prepare. First things first, make sure your property is eligible for transfer. Some states have restrictions on certain types of properties like primary residences or homesteads. Make sure you check your state laws before moving forward. Next up, choose your LLC structure. Do you want a single member LLC or a multi-member LLC? The single-member option is easier to set up and manage, but the multi-member LLC provides more protection and tax benefits. It's up to you to decide which is the better fit for your situation. Now let's talk taxes.

LLCs can be taxed differently depending on how you choose to structure them. For example, a single member LLC can be taxed as a sole proprietorship, while a multi-member LLC can be taxed as a partnership or an S-corporation. It's important to consult with a tax professional to determine which tax structure is best for you. Here's a little known fact. Did you know that LLCs don't have to file a separate tax return, instead they can choose to file as a disregarded entity or a partnership. This can save you time and money on taxes. Pretty neat, huh? Another practical tip, make sure to transfer the property correctly. This means drafting a new deed that transfers ownership to the LLC and recording it with your local county recorder's office. You don't want to miss any steps in this process or you could

end up with legal issues down the road. Now, let's talk about the benefits of transferring your property to an LLC. I mean, why would you want to go through all of this trouble? Benefit, hash one, legal protection. When you put a property in an LLC, you create a separate legal entity that can own assets and enter into contracts. This means that if something goes wrong, your personal assets are protected. If someone were to get injured on the property, the LLC would be responsible, not the individual owner. This can give you peace of mind and protect your personal assets. Benefit Hatch 2. Tax benefits. LLCs can be taxed differently than individuals, which can provide tax benefits. For example, a single member LLC can be taxed as a sole proprietorship,

while a multi-member LLC can be taxed as a partnership or an S-corporation. This can result in lower taxes and more money in your pocket. Benefit Hach 3, anonymity. When you put a property in an LLC, the LLC is the legal owner of the property, not you personally. This can provide a layer of anonymity and protect your privacy. This can be beneficial if you don't want your personal information to be easily accessible to the public. Benefit Hach 4. Easier financing. Banks and lenders often view LLCs as more stable and trustworthy than individuals, which can make it easier to secure loans and financing. This is because the LLC provides a layer of protection for the lender in case something goes wrong with the property. Benefit Hach 5. Succession Planning.

Putting a property in an LLC can make succession planning easier. If you plan to pass the property down to your children or heirs, having it in an LLC can make the transfer process smoother and less complicated. It can also provide protection for the property in case of any legal issues that may arise during the transfer process. To sum it all up, transferring your property to an LLC can provide a variety of benefits, from legal protection to tax benefits to securing financing, Not to mention you're in business. So you should run your business like a business if you want the benefits and compensation

of a business. But it's important to do your research, consult with professionals, and make sure you follow all the correct steps in the process. In the spirit of Tony Robbins, I encourage you to take action and visit freeentity.com to make your real estate investing endeavors easier and results come faster. Don't be like my client, Bob, and end up in a mess of confusion and paperwork. I made arrangements for him, just like I've made arrangements for you at free entity.com. Just mention Epic and they'll take great care of you.

Be prepared and take control of your real estate investments today. Until next time. We'll be back with more right after this. Boarding from flight 246 to Toronto is delayed 50 minutes. What? Sounds like Ojo time. Play Ojo? Great idea. Feel the fun with all the latest slots in live casino games and with no wagering requirements.

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call 186653310 or visit Comexonterio.ca. Mainstream media is ripping us apart. This is news to bring us together. And make some money in the process. First up, the real estate market, according to a business insider article, cash buyers are increasingly prevalent in the mortgage market. This means that individuals and companies are purchasing properties outright

instead of financing them through traditional mortgage loans. While this may seem like a negative trend for those who require financing, it can help boost the overall real estate market by increasing demand and prices. Additionally, housing wire reports that inventory is beginning to rise, which is great news for potential homebuyers. This means that more homes are becoming available for sale, potentially leading to more affordable prices, and less competition among buyers. Logic suggests that with these two dynamics unfolding simultaneously, we should see growing stability in the market. In entertainment news, Jamie Fox recently had a medical event, but he is now awake and alert, according to USA Today. Fox is a highly respected actor, comedian, and musician,

and his recovery is good news for his fans, and the entertainment industry as a whole. Nick Cannon, a fellow entertainer and friend of Fox, has been keeping the public updated on his condition. Sports fans were treated to an incredible overtime game in the NBA playoffs, with LeBron James leading the Los Angeles Lakers to victory over the Memphis Grizzlies in game four. James' performance in this game was nothing short of exceptional. The excitement and competitiveness of the game were palpable. As sports fans, we live for moments like the game. Finally, rumors of a potential Aaron Rogers trade to the New York Jets have sparked a lot of speculation and excitement for NFL fans.

Rogers is currently the quarterback for the Green Bay Packers. A trade to the Jets would have significant implications for both teams and the league as a whole. While the rumors are still just speculation at this point, it's looking as if this is going to be. You know, putting this segment together each episode can be a challenge. It's difficult to find uplifting stories. As the great philosopher and motivational speaker Jim Rohn once said, it is essential to remain informed and focus on the positive aspects of the world around us. Research has shown that our collective mindset plays a significant role in economic downturns.

A Harvard study found that the Great Depression likely lasted twice as long as it should have due to a depressed public sentiment. By focusing on good news and positive developments, we can improve our outlook and potentially influence the economy in a positive way. In other words, what we focus on expands. So let's focus on the good and work towards a brighter future for all. Thank you for tuning in. It's not a passing fad. It's the future of money. What happened this week in cryptocurrency? First up, we have some drama in the Democratic Party. Apparently a small minority of Dems are not fans of crypto following the FTX debacle. But hey, that's just a few bad apples, right?

Let's focus on the positive. Crypto is still making waves and causing a stir in the political sphere. Who knows, maybe we'll have a crypto-friendly president in the future. Speaking of making waves, Bitcoin and the Ethereum's rally is not over yet, according to a popular analyst. That's right. The party ain't stopping just yet. But wait, there's more.

Crypto whales and sharks are rapidly gobbling up top stable coins during the market bounds, according to Santiment. Don't worry, though. There are still plenty of fish in the sea. In other news, an investor who bought Ethereum on day one has finally moved his tokens after almost eight years of dormancy. Can you imagine forgetting about your crypto for that long? Last but not least, macro guru-ru Raul Pal predicts the stock market will head much higher

as Ethereum follows Bitcoin's 2015 price path. Well, I don't know about you, but I'm feeling pretty bullish after hearing that. That's all for now. See you next time. And that wraps up the epic show. If you found this episode valuable, who else do you know that might too? There's a really good chance you know someone else who would. And when their name comes to mind, please share it with them.

And ask them to click the subscribe button when they get here and I'll take great care of them. God loves you and so do I. Health, peace, blessings, and success to you. I'm Matt Terrio. Living the dream. Yeah, yeah, we got the cash flow. You didn't know home world. We got the cash flow.

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