Justin Colby

I just, you know, 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, I believe on a pretty large percentage basis, you're going to come into not the tenant you wanted. Right. Um, Again, this is, and maybe I'm old school, guys.

I just, you know, 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, I believe on a pretty large percentage basis, you're going to come into not the tenant you wanted. Right. Um, 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, you know, it'll get to this place. I just believe you want great tenants who won't trash your home and will pay on time. Allowing tech to, 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...

Maybe you guys are listening to this and say, Justin, I totally disagree. I think this is going to be totally easy or, you know, it'll get to this place. I just believe you want great tenants who won't trash your home and will pay on time. Allowing tech to, 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. Well, guess who's inspecting it? The people, right? We had a great, there was another panelist in the insurance space and he had some really good points on how impactful tech will be in insurance. That was probably the most enlightening thing for me that I thought was so cool was the insurance play and how AI and

to make that decision, then you still have to inspect it. Well, guess who's inspecting it? The people, right? We had a great, there was another panelist in the insurance space and he had some really good points on how impactful tech will be in insurance. That was probably the most enlightening thing for me that I thought was so cool was the insurance 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. 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.

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. 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.

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? Insurance increasing changes the profitability. It changes. Is this asset going to be good? Is it not going to be good? And so I thought it was really interesting. quite interesting to hear the perspective on insurance.

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? Insurance increasing changes the profitability. It changes. Is this asset going to be good? Is it not going to be good? And so I thought it was really interesting. quite interesting to hear the perspective on insurance.

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 cities and counties information. And so I thought that was really important and it's all important, but I thought it was really interesting, I guess.

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 cities and counties information. And so I thought that was really important and it's all important, but I thought it was really interesting, I guess.

But then as a whole, I think the entire panel and the point I was kind of making really resonated with most people is as a whole, humans will be still a very large part of this space. Someone brought up a great analogy like AI and technology is kind of like wine.

But then as a whole, I think the entire panel and the point I was kind of making really resonated with most people is as a whole, humans will be still a very large part of this space. Someone brought up a great analogy like AI and technology is kind of like wine.

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. 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.

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. 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.

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

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

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. 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, um,

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. 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, um,