There Had To Be More, BAM Stack & AI in Real Estate

Building Better Systems, Using AI, and There Had To Be More

September has been a busy month.

BAM Stack is moving forward. I’m getting ready to speak at InvestED. I’ve been digging deeper into how AI fits into a real estate business. I got some time away with my family.

And after a lot of work behind the scenes, There Had To Be More is officially live.

There’s a common thread running through most of it.

Building a business that gives me more control over my time instead of constantly demanding more of it.

There Had To Be More Is Officially Live

This month also brought something completely different.

My book, There Had To Be More, is officially live on Amazon.

It was a strange feeling seeing it available before I even had the physical copy in my own hands.

I wrote this book for people who have looked at the path they’re on and wondered whether that’s really it.

I know that feeling because I lived it.

I was a Red Seal powerline technician. It was a good career. But I wanted more control over my time and more say in what my life looked like.

That eventually pushed me into real estate, business, and everything I’m building today.

The response during the first couple of days after launch meant a lot. People ordered copies, left comments, and sent messages.

Thank you to everyone who supported it.

The book is available in paperback and Kindle on Amazon.

If you’ve been meaning to grab a copy, I’d appreciate the support.

Grab Your Copy of There Had To Be More

There Had To Be More is now available in Paperback and Kindle on Amazon.

Every copy helps put the book in front of someone who may be asking the same question I once did: is this really it?

If you’ve been meaning to grab a copy, now’s the time.

Grab yours today and read There Had To Be More.

The Problem That Led Me to Build BAM Stack

Every real estate investor eventually runs into the same problem.

You start with a spreadsheet.

Then you have a spreadsheet, three sticky notes, a notes app, emails, texts, and a pile of follow-ups you swear you’ll get back to.

I hit that wall running R2HN.

Follow-ups fell through the cracks. Leads went cold because nobody remembered to reach back out. Information was spread across too many places.

So I built the system I needed.

BAM Stack tracks every lead, every stage, and every follow-up so I can see what’s happening without digging through five different places.

But software doesn’t fix bad habits by itself.

That’s why I’ve built coaching into it too. The point is to look at the actual pipeline and build a follow-up rhythm that gets used.

I’m currently opening 20 Founder memberships with locked-in pricing, direct access to me, and the opportunity to help shape where BAM Stack goes from here.

If you want to know more, reach out to me directly.
Ready to Get Your Pipeline Organized?

If leads are getting buried in spreadsheets, notes, and inboxes, BAM Stack was built to fix that.

Take a look at BAM Stack, see how it works, and find out if it fits your real estate business.

Get started with BAM Stack today.

I’m Speaking at InvestED

I’ve attended InvestED in Vancouver, Toronto, and Calgary.

This year it’s Edmonton, right in my backyard.

It’ll be my fourth InvestED, but the first time I’m taking an entire session on my own.

My topic is AI-Powered Real Estate Investing.

The session starts with a simple example.

Imagine it’s 11:47 at night and your phone goes off.

The message says:

“There’s water.”

That’s it.

Is it a dripping tap? A burst line? A flooded basement?

There isn’t enough information to make a good decision.

That’s pretty close to how a lot of people use AI. They give it almost nothing to work with, get a generic answer back, and decide the technology isn’t very useful.

The tool isn’t always the problem.

The information going into it is.

That’s what I’ll be digging into at InvestED, and I’m making it hands-on. Three times during the session, people will pull out their phones and actually work through it with me.

InvestED runs October 23 to 25 at the JW Marriott in Edmonton’s ICE District.

Bring your phone.

Stop Asking Which AI Tool You Should Use

I keep getting asked which AI tool people should use.

I think there’s a better question.

What process are you giving it?

I’ve spent years building SOPs, workflows, checklists, and systems for my real estate businesses. When I started bringing AI into those systems, things changed when I stopped treating it like another piece of software.

I started onboarding it more like I would a new VA.

You wouldn’t hire somebody, give them one vague sentence, and expect them to understand how your business works.

You’d give them your process. Your standards. Your criteria. Your buy box. Examples of what good work looks like.

AI needs the same context.

If the entire process only exists in your head, there isn’t much for it to work with.

Give it the actual process and you start getting much more useful output.

That system underneath the AI is what I’ll be talking about at InvestED. I’m less interested in telling somebody which app to download. Apps change.

A solid process is a lot more useful.

What AI Can Actually Look Like in a Real Estate Business

I recently listened to two friends of mine, El-Ray Noble and Chad Harker, talk on the Wealth Through Real Estate Show.

Chad started by renting one bedroom out of the house he was living in to see whether Airbnb was worth pursuing.

That single room ended up earning more than the entire two-bedroom legal suite he had just renovated downstairs.

He’s now at 15 short-term rentals and pushing toward 20.

But what caught my attention was how he’s using AI behind the scenes.

This wasn’t about getting ChatGPT to write a listing description.

Chad has built a five-phase system for launching a property. Each phase has its own skill and passes work into the next one.

Guest messaging. Smart-lock codes. Deposits. Email sorting.

He even has a nightly check-in tied into his calendar and goals so he wakes up knowing the main thing that needs his attention that day.

He talked about completing a short-term rental business licence application, including the operational plan, that same morning. Something that previously could have eaten an hour of his day.

I build systems like this every day and I still took notes.

There’s a lot more possible here than writing social posts faster.

What Would You Do With Two or Three Hours Back?

That question has been on my mind.

How many hours did you spend last week doing things that didn’t really need you?

Answering the same questions.

Chasing follow-ups.

Searching for a file.

Doing repetitive admin work.

Back in the summer of 2024, I was spending around 35 hours a week on sales calls.

A lot of those people were never going to become clients.

What changed was building systems that could handle more of the screening and follow-up before my direct involvement was needed.

That gave me time back.

Some of it went into work that actually grows the business.

More importantly, some of it went back to my family.

Maybe you’re nowhere near 35 hours.

But even getting two or three hours back every day changes what you can do with your week.

That’s one of the biggest reasons I keep working on these systems.

Ready to get some time back? See how BAM Stack can help simplify your follow-ups and keep your pipeline organized.

A Little Time Away

Not everything this month happened behind a laptop.

My family and I also made our annual fall camping trip to Meadow Lake, Saskatchewan.

We explored trails on the e-bikes, sat around the fire, and spent some time looking for wildlife.

Trips like that are part of why the systems matter to me in the first place.

I don’t want to build businesses that require me to be involved in every small task every hour of the day.

Family, freedom, and fulfillment have been the filter behind a lot of the decisions I’ve made.

The business still takes work. There’s no getting around that.

I just want the work pointed in the right direction.

One line I’ve been thinking about lately sums that up pretty well:

“Wake up every morning and choose to provide more value than you receive.”

That applies whether I’m working with an investor, building software, putting together a real estate deal, speaking at an event, or writing a book.

Keep providing something useful.

The rest tends to build from there.

If you want to learn more about what I’m building at BAM Real Estate Ventures, visit bamrealestateventures.com.

If you’re interested in working together or talking about real estate investing, book a call with me.

Mitchell Pedersen
BAM Real Estate Ventures