Justin Colby
👤 SpeakerAppearances Over Time
Podcast Appearances
underwriting uh you know it won't take over the human component and so uh but it doesn't mean you should be ignoring ai most of my team uses ai on a daily basis uh 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
underwriting uh you know it won't take over the human component and so uh but it doesn't mean you should be ignoring ai most of my team uses ai on a daily basis uh 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
Um, but even that something like the firefly, uh, dot 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, you can throw that into chat GBT, you know, get a cliff note version of what went down for the, for the meeting.
Um, but even that something like the firefly, uh, dot 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, you can throw that into chat GBT, you know, get a cliff note version of what went down for the, for the meeting.
I mean, there's, there's just a lot that should be, um, adopted by many of you listening to this right now. 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.
I mean, there's, there's just a lot that should be, um, adopted by many of you listening to this right now. 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, 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? It's just going to be needed, right? There's going to be people needed in the construction side.
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, 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? 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 is the people that are trying to systemize their business to completely remove their business and exit, so to speak, and just like allow all this automation to work and allow all these systems to work and then remove themselves.
And I say that because one of the things him and I agreed on heavily is the people that are trying to systemize their business to completely remove their business and exit, so to speak, and just like allow all this automation to work and allow all these systems to work and then remove themselves.
Those are the same people that are gonna find themselves either out of business or in a lot of financial pain. A lot, right? 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.
Those are the same people that are gonna find themselves either out of business or in a lot of financial pain. A lot, right? 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, I don't know, excited about it in the sense of what we do day to day and negotiating deals, comping deals, making offers. I don't believe it'll change our world there. 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.
Don't get overly, you know, I don't know, excited about it in the sense of what we do day to day and negotiating deals, comping deals, making offers. I don't believe it'll change our world there. 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.
I'm not the biggest tech guy, so it is a little bit scary to me to think about all this. 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. AI is here to stay. It's not going anywhere. Learn the things that are going to be good for you.
I'm not the biggest tech guy, so it is a little bit scary to me to think about all this. 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. 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. 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.
But at the end of the day, you still got to do the work. 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.
Yeah. What is up? These signs are flipping. This one is going to be a good one. If you want to know what is in store for the market, because Trump's here. If you want to be able to see around the corner, if you want to listen to someone who's done well over 10,000 deals in his career, we have economist Jason Hartman here. What is up, dude?
Yeah. What is up? These signs are flipping. This one is going to be a good one. If you want to know what is in store for the market, because Trump's here. If you want to be able to see around the corner, if you want to listen to someone who's done well over 10,000 deals in his career, we have economist Jason Hartman here. What is up, dude?