When you hear the term “decision analysis,” what vision does this conjure up for you?
A crazy lady with one eye bigger than the other, a babushka wrapped around her head, and gnarled fingers flexing and extending over a cloudy crystal ball in a darkened and smoky room?
Okay, sorry, I was having a little fun there.
But, I have to tell you, the idea that there might actually be some science in the process of choosing the properties you invest in based on “big data” is as potentially exciting as it is potentially scary.
We have quite a bit of A.I. in our lives already, and it seems to creep into casual conversation more and more easily in the last year or two.
Doesn’t it?
I have to admit I was on the hunt for the biggest issues my property investors face in this third decade of the 21st century, and tripped and almost fell flat on my face over the idea of decision analytics.
Is there any one company that can actually provide this service reliably to such an extent that they actually increase the wealth of their client investors?
What really excites me is the possibility that if the answer is even a remote “yes,” it is reasonably possible for a proactive accounting advisor to provide this value-added feature to a suite of already-valuable services aimed at fully arming the investor with wealth-building and tax-reducing strategies.
Excites me, I tell you!
The Jury is Still Out, I’m Afraid
As I said earlier, I came across this exciting possibility and concept in the process of broadening my industry-specific knowledge, very recently. Just late this past week, in fact. So…
I have a full disclosure admission to share with you. I don’t know who the lucky winners are in the hunt for the perfect A.I. support yet, but I will get to the bottom of this.
One of the biggest bits of feedback I see when asking current and future clients what concerns them is the idea that inventory is thin, and that there is a dearth of investments that will yield a sufficient ROI to justify the risk.
How to choose? In the game of flips you have your BRRRR method and the 70% rule, but I would be amazed if folks are actually able to realize the full profits the 70% rule promises with the inflationary costs of job materials and the volatility of the market.
Still, there’s money to be made, and as they say the market doesn’t stay down forever.
We live and breathe and have our being in data, and fast fast fast information.
The faster the better.
Ladies and gentlemen, this data has the capacity to change the world for the better.
Assuming we have the capacity and ability to focus on what matters.
Not the latest game app on our phones, but what about apps that can actually forecast the future value of an investment based on real data?
Have you ever had a deal that went south unexpectedly?
What would it be worth to you to be able to reduce the pain of that happening in the future by even, say, half of the time?
Information is power.
A New Firm Resolve
If you’ve been following our posts you most likely know what we have to offer.
All of the accounting, plus proactive forecasting, microforecasting, metrics analysis, and long-range strategic tax planning with the aim of increasing the bottom-line wealth of your business.
We propose the next step, the wave of the future, and we are doing so loud and clear so the universe can hear it.
Deep data-driven property analytics. Decision analysis, all as a part of the package.
My new firm resolve, then, is to raise the bar on an already comprehensive service, and bring one more winning horse to the race.
Truly transformational accounting. Integrated operational reporting at every level of your financial activity, now coupled with decision analytics aimed at truly guiding the investor in one of the most important choices they ever have to make.
What to buy, and whether to hold, lease, or flip based on Big Data.
The new paradigm begins today. Want to talk about it further with me, one-on-one?
If you are scaling a real property investment business with a trend toward future growth and a minimum of $500K in gross revenue, we can help.
Reach out now through the social media you may be reading this one, or just click here and book a Work With Me conversation now.
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