Gaining leverage from a sophisticated acquisition strategy is where world-class investors separate themselves from the pack, with those in the know embracing technology to aid in their buying decisions. They’ve removed emotion and guesswork from the purchase process: opting for investment data analytics provided by platforms using artificial intelligence to identify areas of capital growth and yield across Australia.
Ripehouse is one such entity. Initially, a tool I developed to better determine my own investment strategies, it was released on to the market once I realised its application for the experienced independent wealth builder. Ripehouse steps in and fills a much-needed gap for investors: identifying those narrow windows of buying opportunity prior to the price rises which signal you’ve left your run too late.
A nation of riches, if only you knew where to find them
In the past, problems have arisen for investors who may have become LOCAL AREA EXPERTS, but lacked the information base to compare remote markets. During the first stage of investing, buying in areas they know is an obvious choice, however eventually they hit a ceiling. To achieve true diversification it’s essential to evolve, adapt and break through into unfamiliar territory, but this is where investors run into problems. They lack the knowledge required to break into a new CATCHMENT AREA OF INTEREST - after all, how can you narrow down the right place when you’ve got the whole of Australia to choose from?
Original article: http://www.apimagazine.com.au/property-investment/leveraging-artificial-intelligence-to-stay-ahead-of-the-curve