Tommy Dobczyk demos Deal Hunter, an AI underwriting tool that evaluates real estate deals in seconds. Paste "Run this deal" and get key metrics: a $368,000 second-lien investment in Las Vegas with a 6-month term and 25% projected return.
Are you getting deals like this? I just pulled up mine. So do we want to run it through?
Yeah, go ahead.
I don't even know what it does. I don't know what you guys are looking for.
No worries. Can you see my screen? Okay. So Tommy, you should be able to see my screen. So if we go into the GPT, so you go down to ExploreGPT and then the ExploreGPT, you type in Deal Hunter by Land Shark right there, and then you can start the chat and then It's a very simple and beautiful copy paste. Copy paste. Hold on. And we're going to put it in here. And everybody, what's the 3 words?
Did you paste it yet? Make some money. Run this deal.
Run this deal. Yeah, the deal.
Make some money.
I love that. Yeah, I will put that in there for businesses. Make this money. That's beautiful. Make some money. So run this deal is the simple prompt that tells it to run and provide us with at least 5 basic understandings of the property in a report-style fashion. So what it's going to do is give us a deal snapshot and take the information we put into it. Are you at all intimate with this property as far as like—
No, I haven't even bought it a drink yet.
Have you been— are you familiar with it in the sense that you understand it? Like you can validate some of this information?
Oh yeah, no, I've done a deal with the borrower before. It's actually here in Vegas. So, you know, I go and touch the properties here for— thank God, because, man, it gets old doing stuff around the country and you can't even see the place, right?
So looking at this deal, what they're looking for is $368,000 investment from a second lien position, right? And then, yeah, term is 6 months with a 25% return on that investment, right?
I mean, I've got a lot more info than that. I was just trying to put a quick bullet point thing in there. Yeah.
So is it the underwriting verdict that it provides is as-is, not yet bankable? So it's, it's giving— because again, this is, this is an underwriting LLM. It's giving you an understanding of whether or not this is a good opportunity or bad one.
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