🤖 ChatGPT's Real Estate Advice (and My Take)

I recently asked ChatGPT: “What are the most common questions people are asking about real estate investing, and what are the most common answers?”

Here’s what it told me:

Common Questions vs. Common Answers

💬 Q: Is now a good time to buy with rates so high?
🤖 ChatGPT’s Answer: If the numbers work today, it’s a good deal. Don’t wait for the market to change, structure the deal so it works now.

💬 Q: What’s the shortcut to getting rich in real estate?
🤖 ChatGPT’s Answer: The only shortcut is education plus action. Learn from others, then take massive imperfect action.

💬 Q: How do I get deals to cashflow?
🤖 ChatGPT’s Answer: Focus on safe, livable rehabs and realistic rents. Private money, seller financing, and partnerships can make the numbers work.

💬 Q: Should I wait for rates to drop?
🤖 ChatGPT’s Answer: No one can time the market. Buy when it works, refinance later if rates improve.

💬 Q: Where should I invest right now?
🤖 ChatGPT’s Answer: Stick to areas you know or where you have trusted boots on the ground. Fundamentals matter more than chasing a hot market.

💬 Q: How do I avoid big mistakes?
🤖 ChatGPT’s Answer: Get educated, use mentors, and run conservative numbers. Mistakes happen, but don’t go in blind.

Why I Agree (and Where I Add More)

I agree it’s always a great time to buy if the conservative numbers work. In fact, I am closing on a property later this week.

I even compared my projected numbers from a year ago to my actual results, and the results surprised me in a good way. I shared the update inside my Ultimate Mobile Home Blueprint course so my students could see how the math played out in real life.

I also agree with ChatGPT’s point about financing. I don’t love the label creative financing, but private money, seller financing, and partnerships are exactly how I close most of my deals and how I help students structure theirs.

And when it comes to avoiding big mistakes, I couldn’t agree more. Get educated. Have a mentor. Join a mastermind. It will save you money, time, and stress.

Adrian’s Takeaway

👉 Stop waiting for the market to be perfect. The only shortcut is education plus massive imperfect action. Do the work, and freedom comes faster.