Tommy Dobczyk uses ChatGPT and Deal Hunter to run real-estate scenarios in seconds, then drafts a Letter of Intent for Mike Lancott to sell his Club Scottsdale property. The deal includes a 10-year lease extension and a board-advisor position with Titan Impact Group.
Chapters
Are you in the deal room? Real life. This is Monopoly in real life is what we do. So we twist these numbers around if we need to, down to 20 years, down to 25 years. We can, again, this is the beauty of ChatGPT and Deal Hunter is that I can get these computations done that fast. Keep going down. Yeah. Oh, are we at the bottom? Yeah. All right. Watch this. Hit that button. All right. All this information looks great. What I want to do is I want to put together a fully robust letter of intent for Mike Lancott, L-A-N-C-O-T, to address how we want to buy this property covering these terms like this. We would like to also invite Mike to extend the, the lease terms to 10 years for Club Scottsdale and possibly even be a board advisor to the building, the, the company that buys the building. And the company that buys the building is going to be Titan Impact Group, Scottsdale Holdings, LLC. And we would like to offer Mike a position in that so that he's able to secure his club in the building while also building the, the Titan Impact Group portfolio of commercial property. So we'd like to formally invite him to sell us the property, create this LOI from Tommy Dobczyk and Catherine Bell, Titan Impact Group. And Jermaine joined us as well.
