To start with on Tuesday 13th June @ 8pm UK time I’m doing an open Members Club Q&A so if you want to come and find out more about how the Members Club can help you to buy your next commercial property, click here to register.

In this podcast episode, Natasha explores the benefits and limitations of Chat GPT, an artificial intelligence tool that provides information based on pre-existing data. While Chat GPT can answer questions and offer insights based on available information up until September 2021, it requires well-formulated queries to obtain useful results. Although it claims to research property deals, it currently lacks access to specific real estate data sources. However, it can analyze and synthesize data provided by the user to offer a broad overview of market trends. Natasha advises listeners to gather comprehensive property information and use Chat GPT's insights as a supplemental tool for decision-making. 

1. Collect comprehensive property data: Ensure you have all the necessary information, such as comparable data and yield figures, to feed into Chat GPT.

2. Use Chat GPT for market analysis: Leverage the tool's ability to synthesize data and provide a broad overview of market trends to inform your decisions.

3. Understand its limitations: Remember that Chat GPT lacks nuanced property details and relies on existing data. Use it as a supplementary resource rather than a sole source of information.

4. Stay updated: Continuously seek fresh information beyond September 2021 to complement Chat GPT's knowledge. Be aware of any advancements in real estate data availability that could enhance the tool's capabilities.