Tommy D and Katherine Bell tested an AI-generated cost segregation study with real estate and tax experts Andrew and Mark in Florida. The experts verified the AI results, and Tommy emphasized using AI analysis to spend less upfront and determine if a $10 million deal makes sense before committing more money.
Chapters
What I thought about doing, guys, if you don't mind, is we ran a cost seg study and I want to see if you guys are the experts. We used AI to do it. Well, thank you everybody for coming in this morning to the Land Shark Mastermind. My name is Tommy D and I'm with the beautiful Katherine Bell this morning. We're sharing the screen because we're actually at an investor, an investor gathering out in Lake Nona, Florida. Florida. And so the lovely people sitting across from us over there, The, uh, in the living room, they're waving. Um, yeah, the internet being weird. Internet's terrible. So these lovely people came in. Um, uh, where are you guys from? They're from Florida. So Arizona's sitting across from Florida. We were telling them about the mastermind and, um, and all the things we do. So today we've got the, the guests, uh, here, Andrew and Mark. Uh, they— Mark, we met Mark last week, 2 weeks ago. Uh, last week. Yeah, we had lunch. When did we have lunch? Last Thursday. Okay. And, and yeah, we, we talked about cost seg and, uh, and tax strategies around cost segregation engineers and the importance of them in, in tax strategies, right? So what we were excited about was that we bought— we thought that what with what we do with Deal Hunter, that Deal Hunter could possibly, uh, um, help Mark and Andrew with doing cost seg on properties. And so being that we built Land Shark basically just to do, you know, real estate deals, all aspects of real estate are important, you know, especially to investors and people that need to get tax, you know, tax write-offs and stuff. So what I thought about doing, guys, if you don't mind, is we ran a cost seg study and I want to see if you guys are the experts. We used AI to do it. What have we got you guys to verify and validate the information? And again, if it's 100% wrong, be like, nope, this is bullshit. And we're like, okay, cool. Like we got junk, right? We don't, we don't, we learn, we do know this. We'll invest $1 million to learn how to not lose $10 million before I invest $10 million and wonder if I'm gonna lose it. Like I'd rather spend $1 million and just know this is a bad deal. Okay, boom, done. I don't even have to worry about it. Rather than spend $10 million to learn it's a bad deal and lose a million to do it, right? You know, it's just easier to know, no, this is junk.
