Christian Osgood uses AI to draft real estate documents and summarize offering memoranda, cutting his work by hundreds of hours. He says it quadrupled his output, eliminated the need for about a dozen employees, and generated multimillion-dollar results.
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Today we're going to be talking about AI in real estate. This has made me millions of dollars. It's quadrupled my output, saved me hundreds of hours, and maybe a dozen employees. What I use AI for in my portfolio is saving me a boatload of time. If it's a document that does not need legal review, this engine writes it for me. I want to write a letter of intent for a deal, I will dictate verbally what I want and it will just write it for me. Now what I would usually have to do is really just start digging into this thing. 42 pages of stuff— maps, analytics, market analysis. I find easier to download it and feed it to Osgood, our custom GPT. Summarize this offering memorandum for me. And like that, it's going to read it for me. This is one of many ways I'm saving a ton of time in real estate. You can do a heck of a lot more than this, but this is what we're doing actively in AI.