Deal Hunter, an AI tool built on ChatGPT, analyzes Airbnb listings instantly. Upload a screenshot and it generates a full due-diligence report with purchase price estimates, loan breakdown, and revenue projections. The demo shows it evaluated a $1.76M property and recommended offering $1.2M to $1.5M in under three minutes.
Now the way this was marketed to me was that this is an Airbnb already. And just with that screenshot right there, Lance, I'm going to put this in what's called Deal Hunter by Land Shark. This is the AI tool that we use. And what I can do is with that screenshot of that property, hold on a minute. What are we doing? We're going to show you how to get to it. Lance, are you familiar with how to find GPTs on ChatGPT? Say that again. Sorry. Are you familiar with how to find ChatGPT? I have a— corporate cloud subscription. So, okay, this, that's great. Cloud's good, but we've only designed this model for ChatGPT because it's the most popular. So with ChatGPT, you can go into this model. It's freeware basically, and it's called Deal Hunter by Land Shark. And you can start by, start having a conversation with it by just posting a picture and having, and saying 3 little words. Catherine, run this deal, right? So can you put the picture and the 3 little words? So we went and took a screenshot of that listing I got sent last night. We put it in there, we put run this deal. What it's going to do is it's going to provide within 3 minutes a due diligence report of all the things that we are— that we do in order to evaluate property and do due diligence on a property. So I've been debating about building one like this for short-term rentals. This actually will do an analyzation of it as a short-term I'll show you here in just a minute. Real quick, the snapshot shows us a 5-bedroom, 3-bath, 4,000-square-foot home on almost an acre. Okay. And it's, it's, it says right here that this is not a strong long-term rental deal at this list price. So we would need to have about a $22,000 a month gross revenue to hit the 1.25 DSCR. So all of the information there says what the concerns might be. So the assumed Assume price of $1.76 million, breaks down our loan for us and shows us like what we'd be looking at as far as an annual debt service and what we'd need to put together for this. These are all built-in prompts that we built into it when you say run this deal. So to run it as a short-term rental is totally possible based on the location. So here's some short-term rental revenue sensitivity numbers. Showing that we would have to hit between $14,000 and $26,000 a month on that. So at a 1.76 price, the deal is pretty tight until you get consistently gross $22,000 to $26,000 a month. So with that being said, it says for us as investors, we should come in closer to like 1.2 to 1.5. And then with that initial offer, and here's what I wanted to point out to Blake. The initial offer we came into that guy with was a highball. This one's a lowball in this case because they're wanting $1.7 million. We're on, and it says initial offer at $1.3 million and allows us to build up.
