Press Release: AI is better at buying investment property than you launches Robosearch to provide DIY Property Investors with outstanding property recommendations.

Monday October 31st, 2016: The future of property investment has arrived, brought to you through the application of artificial and swarm intelligence.

In a world first, after more than half a decade in the making; property research and technology company Ripehouse announces that it has cracked the code and is now ready to launch its new, groundbreaking AI property platform.

Founder, Jacob Field states, “Ripehouse is a property company that helps and empowers investors through technology.”

“Our aim is to remove emotion or even skill from research and acquisition - helping an investor focus on their desired outcome and investment roadmap.”

Over the past 5 years Ripehouse has been developing the software which works using artificial and swarm intelligence. The fruition of which is now realized in The Ripehouse Brain.

Mr Field states that, “The Ripehouse Brain is at the absolute cutting edge of technology. It uses machine learning to methodically look at and replicate the human touch and then improve on it - by crunching the numbers and then applying these learnings”.

“By observing thousands of investors all over the country, it is able to track momentum, and follow the Investor Eye Ball as it shifts, ensuring that it always remains on pulse. It adapts and learns in real time from this collective swarm of momentum”.

The objective of the platform is to assist property investors reliably identify outstanding potential assets aligned with their specific strategic roadmap. It looks at what you are trying to achieve via property investment and then locates the absolute best candidate local government areas, suburbs, streets and properties, currently on the market, set to deliver your strategic outcomes.

As an example if you “Dial Up” Capital Growth as your primary strategy to 100%, The Ripehouse Brain locates 26 Suburb locations, but only 16600 individual dwellings set to deliver maximum Capital Growth - right now, looking out across the nation.

Of these dwellings there are only 70 properties currently on the market with an average expected capital growth in the next 12 months of 18.7%!

“If you dial down your preferred Capital Growth outcome you might have more options but less growth. You might also like to throw into the mix renovation potential, development potential, positive cashflow or very low risk, investing” comments Mr Field.

Mr Field explains, “ that each time a property recommendation is made using The Ripehouse Brain it is back-checked. The Ripehouse Brain searches for all the instances where similar market conditions have been present at an LGA, Suburb and a Street level.”

The Ripehouse Brain then uses this information to predict likely future growth. Monitoring this growth, in real time, it is constantly learning, improving and optimizing - just like a real investor's Brain, only better.”

So there you have it. We have reached a time where AI is better at buying property than you.

About Ripehouse -

Ripehouse is for investors by investors. We are the preferred choice of industry insiders, educators, buyers agents and investors alike. We are a subscription service - where members receive unlimited access to the Ripehouse suite of suburb search, street analysis and property recommendation and appraisal tools. Community members all gain access to private research and investor masterclass events.

We are highly disruptive and innovative - having achieved a number of firsts for property portals in Australia:

2011 - We were the first website to display For Sale properties on a suburb map.

2011 - We displayed price heat maps on a suburb map. Displaying the high and low clusters of price on the map, working with researchers at Stanford University using the same algorithms that were originally used to map crime in the US. In addition to displaying price, we were also able to display gentrification areas on a suburb map. Areas going up in value faster than other areas in the suburb. Ie. the Newtown side of Marrickville in Sydney increased in value faster (and before) the Tempe side of the suburb.

2012 - We displayed the location of key amenities in each suburb (shops, schools and transport), also performing in depth research about how proximity to each of these amenities effects the value of a property. We are still the only source of this research.

2013 - Helping the investor understand unfamiliar locations as a local would, we were the first website to map key street level information on a suburb map - things like level of public housing per street, crime, rent, income, yield, tenant mix and exact locations of the key amenities in the suburb. More importantly we linked these important local dynamics back to price - helping the investor to know what effect they had.

2014 - A self learning technology that automatically assesses the likely condition of a property that is currently on the market - helping investors quickly find other properties that have recently sold that are more likely to be in a similar condition.

2015 - Sweet spot overlays - helping the investor find the exact street level sweet spot in any suburb across Australia that will deliver the most capital growth for that suburb.

2015 - Flood zone overlays - displaying at risk flood zones as overlays on a suburb map, but perhaps more importantly, assisting investors to make critical decisions by allowing them to quickly filter properties on the market properties (in or out) of these areas - quickly relating flood zones to property value.

2016 - The Ripehouse Brain is launched - provided very specific and outstanding property recommendations. Using our unique state, LGA, Suburb, Street and property research - it leverages on all parts of our platform to provide outstanding strategy recommendations and outcomes in property.


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Logo on dark background -

About the founder - Jacob Field

Jacob Field

Jacob is passionate about technology and property.

He wrote his first computer program at age 5 on his BBC B Microcomputer.

Jacob Field has been investing in property since the early 2000s and founded Ripehouse in 2011.

After buying his first two properties in his local area, he moved to the big smoke and quickly lost his confidence.

He turned his analysis paralysis into a tried and tested framework to work out why people live where they do, and why they buy or rent property.

This framework has evolved into what you see today: Ripehouse provides expert commentary, research reports and analysis tools.

Jacob is a DIY investor, and along with the Ripehouse team, he has helped thousands of investors buy their first or their fortieth property.

Jacob is one of Australia’s foremost property researchers and experts. He has regularly featured at API Magazine as well as - SMH, Money Magazine, YIP, SPI and Property Observer.