
The DealMachine Real Estate Investing Podcast
557 episodes — Page 8 of 12

Ep 192192: Can You Invest In Real Estate without $100,000 In The Bank?
If you want to become a real estate investor, but you don't have hundreds of thousands of dollars in the bank, we show you how to get started with the strategy of wholesaling where you can make $12 ,000 start to finish in this episode. Key Talking Points of the Episode 00:00 Introduction03:16 How did this deal turn into a creative deal?04:02 What was the offer that Ryan received for this creative deal?05:21 What came out of the creative deal after it was done?06:21 Why did the private lender decide to do the deal creatively?09:03 How did Ryan secure this deal?10:00 What do we look for when we walk through properties?11:01 What is the importance of building personal connections with your sellers?12:28 What is the best way to present your offer to a seller?14:20 What are the top 3 things you can do to get more deals under contract?15:05 How is Deal Flow Academy growing every week?16:14 How can ou learn more about Deal Flow Academy? Links Website: Deal Flow Academyhttps://www.dealflowacademy.com Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Ep 190191: Making $112k as a 22 Year Old
Armando struggled for 3 months, so instead of giving up, he worked for another entrepreneur. That gave him the confidence and skills to re-start his own business and he was able to make $112k last month in real estate wholesaling assignment fees. This is a great episode if you are looking for your first real estate deal and you feel stuck. Key Talking Points of the Episode 00:00 Introduction01:05 What was Armando’s first real estate deal like?02:03 How did doing the first deal change Armando’s approach to wholesaling?03:54 What are some of the most important things to tell sellers before an appointment?05:27 How does the market influence your wholesale deals?06:30 How does Armando and his team manage their cold calling strategy?08:43 How has Deal Machine’s single line dialer helped Armando get better conversion rates?10:02 When did Armando decide that it was time to hire a cold caller?12:31 What is the importance of the quality of the data you’re using for marketing?14:05 How does knowledge and experience build confidence in wholesaling?15:49 What does the future look like for Armando and his business?17:23 What does Armando want to achieve in his business?19:20 How can you connect with Armando on social media?20:01 What marketing strategy does Ryan’s coaching students use the most? Links Instagram: Armando Padillahttps://www.instagram.com/realarmandopadilla/ Website: Venture Pad Homeshttps://www.venturepadhomes.com/ Website: Deal Flow Academyhttps://www.dealflowacademy.com Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

190: If You Have Less Than $2k to Start Real Estate Investing
bonusEver feel like real estate success is out of reach because you don’t have a big marketing budget? You're not alone! In this 15 minute recap, we break down the three key parts of a real estate business and show you exactly how to build yours, even if you're starting with less than $2K.Brent Daniels shares his journey from driving a beat-up car to building a multi-million dollar business, offering you practical advice on overcoming resistance from sellers and how many conversations it really takes to land your first deal. Key Talking Points of the Episode0:00 - Introduction0:44 - The Three Parts of a Real Estate Business3:24 - The Stages of Building Your Business5:35 - How to Overcome Resistance When Talking To Sellers10:04 - Breaking Down Real Estate Stats for Perspective11:16 - How Many Conversations It Takes to Get A Deal13:13 - Brent's Success in Real Estate & How to Replicate ItLINKSInstagram: Brent Danielshttps://www.instagram.com/realbrentdaniels Website: Talk to Peoplehttps://www.talktopeople.com Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Ep 189189: How Many Offers Does It Take To Make $9,000?
If you want to know how much direct mail it takes to get a deal How many offers it takes to get a deal accepted? And how to get a seller to tell you the lowest price they will take! Tune into this episode on wholesaling real estate Key Talking Points of the Episode 00:00 Introduction01:14 What was Kyle and Joe’s first wholesale deal like?02:12 Why did Kyle and Joe decide to work together?03:17 How does Kyle and Joe use the Predictive Index for their business?05:01 What are the characteristics of a Maverick personality?07:36 How did Joe come across wholesaling real estate?09:40 How has SMS marketing changed over the years?10:49 How much direct mail does Kyle and Joe send out to get a deal?12:41 What does Kyle and Joe’s offer process look like?14:50 How does Kyle and Joe handle negotiations during appointments?16:49 How does Kyle and Joe help sellers get to a price that will work for everyone?21:15 Why is it important to agre with sellers when talking about their property?22:56 What sales training helped Kyle and Joe get to where they at in wholesaling today?25:32 How can you get in touch with Kyle and Joe? Links Instagram: Kyle Eisenbargerhttps://www.instagram.com/keisenb/ Instagram: Joey Ientilehttps://www.instagram.com/joeyientile/ Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Ep 188188: So Two People Made $18,000 On A Real Estate Wholesale Deal in Boise
Chris made $18,000 on his first deal and is taking good action towards finding his next deal. We cover what he is doing so you can learn from him. [0:00] - Introduction[0:51] - Chris introduces his first wholesale deal and how he earned $18,000.[2:47] - The value of partnering with experienced wholesalers on your first deal.[3:52] - The role of Facebook groups in finding business partners.[6:23] - Chris's cold calling process and the results he's getting.[10:18] - The importance of local market knowledge in real estate wholesaling.[12:23] - Challenges of keeping track of calls and leads in wholesaling.[15:02] - Tips on filtering and managing leads effectively using a dialer. Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod

Ep 188187: How To Handle Getting Lied To On A $100,000 Deal
Travis Goodwin discusses his experience in wholesaling real estate, specifically focusing on farms and land. He shares his approach to handling appointments, finding deals, and working with buyers. Travis also talks about the challenges and opportunities of wholesaling in a rural market. Key Talking Points of the Episode 00:00 Introduction02:07 How did Travis’ appointment go?03:58 How long has Travis been wholesaling real estate?06:30 What has it been like for Travis to wholesale properties out of state?08:37 How does Travis’ relationship with his boots on the ground work?09:43 What kind of leads is Travis cold calling today?11:52 How does Travis evaluate farm land?13:24 What strategies does Travis use for farm land?15:07 How does Travis meet farm land buyers for his deals?16:02 Why did Travis decide to get into buying and wholesaling farm land?17:02 How did Travis realize that land investing could be a profitable niche?18:55 How does the Deal Machine app help Travis in finding farm land leads?19:56 How can you get in touch with Travis on social media? Links Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Ep 186186: Make $9,000 With This Cold Calling Blueprint
In this 15 minute recap of The DealMachine Podcast Live, we talk with Zack Boothe about the ins and outs of cold calling in real estate. Zach gives us his blueprint, sharing how he made $9k from his first cold call in just 11 minutes!We talk about avoiding the typical salesy vibe, using the right scripts, and how the DealMachine dialer can take your cold calling game to the next level. Key Talking Points of the Episode0:00 - Introduction & Overview0:42 - How Zack Made $9,000 In 11 Minutes1:59 - The Script Zack Uses To Not Sound Like A Salesman4:21 - Zack's Process with The New DealMachine Dialer5:56 - The Benefits Of A Single Line Dialer vs Triple Dialer8:22 - A Cold Calling Tip You Probably Haven't Heard10:20 - Translating That Tip to DealMachine's Dialer12:48 - Zack's Contact Rate & Being Efficient With Your Time14:22 - OutroLINKSInstagram: Zack Boothehttps://www.instagram.com/zackboothe Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Ep 187185: He Made $7,500 on His First Wholesale Deal by Finding an Expired Listing
Raji Hamideh shares his experience in real estate wholesaling and turnkey investing. He made $7,500 on his first wholesale deal by finding an expired listing that had failed two years prior. He used Propstream to find the listing. Raji emphasizes the importance of follow-up in finding deals and advises new investors to be persistent. He also discusses his turnkey business model, where he wholesales properties to out-of-state investors after fixing them up. Raji explains how he finds buyers through cold calling, email outreach, and targeted marketing campaigns. He also shares insights on forming U.S. businesses for foreign investors and the criteria he uses to decide whether to wholesale or turnkey a property. Key Talking Points of the Episode 00:00 Introduction01:11 How did Raji make $7500 on his first wholesale deal?02:56 What was life like for Raji before wholesaling real estate?04:44 What is Raji’s advice for people who want to get into wholesaling today?06:05 Why did Raji decide to sell turnkey properties?07:13 How does Raji’s turnkey strategy work?08:08 How does Raji decide whether to wholesale a deal or sell it as turnkey?09:37 Where does Raji find buyers for their properties?10:42 How did Raji come across the kind of buyers they sell to?11:31 How does Raji help investors outside of the country?13:51 What does NOI stand for?14:21 What markets does Raji operate in?15:26 How does Raji build lists to market to?18:29 What is Raji’s cold calling strategy to get deals?19:31 How does the law of probability apply in real estate?20:54 How can you get in touch with Raji? Links Email: HMDH [email protected] LinkedIn: Raji Hamidehhttps://www.linkedin.com/in/raji-hamideh-289433aa/ Website:https://www.dealmachine.com/dialer-challenge Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Ep 184184: How To Get Your Kids $7000 & Interested in Business
If you're a parent and business owner that wants to get your kids involved in financial freedom, this episode may spark some ideas for you. Key Talking Points of the Episode 00:00 Introduction01:25 How did Stephen find the buyer for his first wholesale deal?04:31 Why did Stephen decide to pursue wholesaling?05:24 How does the Deal Machine dialer help Stephen with cold calling?07:10 How did Stephen encourage his son to cold call leads?11:02 What is Stephen’s advice for new wholesalers?12:41 Why did Stephen decide to hire someone in-office to do cold calling?14:48 How can you follow Stephen’s journey on social media? Links Twitter/X: Steve-4-Real Estatehttps://x.com/4ahomeloan Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Ep 183183: How Do You Escape A Job With Golden Handcuffs?
A new acquaintance asked me at the gym if he could ask me some questions. He said he makes a lot as a software engineer, but he is afraid of getting stuck with golden handcuffs. We discuss how he would escape a job with golden handcuffs thru real estate investing. Key Talking Points of the Episode 00:00 Introduction01:23 How do short-term leases help us minimize risk?06:10 What is the best way to generate leads?07:20 Why is it important to focus on one thing when you’re generating leads?08:20 How does location impact the performance of a rental property?11:05 Why is it important to take action to avoid analysis paralysis?12:10 How should you approach the leads you generate?15:21 How can you get more comfortable with cold calling?16:26 What is the best way to market to leads?17:41 What makes it so difficult to get out of “golden handcuffs”?21:20 How can you decide the right path for you? Links Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Ep 182182: You Need To Work Harder (Like D-Rod)
You need to make about 300 calls per day to property owners every week day for about 1 month in order to find someone who wants to sell their house (and prefer speed and convenience over a good price). So if you are working on wholesaling real estate looking for your first deal, I know you're working but I bet you're not doing 300 calls per day. Key Talking Points of the Episode 00:00 Introduction02:05 How did David get interested in wholesaling?04:13 What does David’s cold calling strategy look like today?06:47 How many motivated sellers has David spoken to?08:15 Why do you need to be patient when following up with sellers?09:22 When would it be ideal to text your leads?12:05 How can you use the Deal Machine app to find cash buyers in your area?13:03 How can you look at an investor’s portfolio through the Deal Machine app?16:31 What is the best way to approach the sellers of a newer home?19:07 When is the best time to consider changing markets? Links Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Ep 181181: First Deal $35,000 In His Pocket
Tyrell did not even know his team was calling home owners with the DealMachine dialer. So when I called him, he told me I must have the wrong person. BUT... he double checked and realized his team had switched softwares and made about 2000 calls in the last two weeks using the new dialer. So I invited him on the show to break down how his company is able to do so many wholesale real estate deals so you can learn how to do your first deal! Key Talking Points of the Episode 00:00 Introduction01:20 What was Tyrell’s first wholesale deal like?03:14 How did Tyrell find his first wholesale deal?04:10 What does Tyrell look for when he is driving for dollars?05:21 How does Tyrell reach out to leads from driving for dollars?06:21 How did Tyrell come up with the offer for his first wholesale deal?09:43 How did Tyrell sell his first wholesale deal?11:01 What is Tyrell’s strategy to find buyers for his deals?12:13 What did Tyrell do with the profit from his first wholesale deal?14:06 What kind of lists does Tyrell and his team market to?16:46 How does Tyrell’s team use Deal Machine for cold calling?17:55 How many appointments does Tyrell go on weekly?18:42 How does Tyrell know that a deal is worth the effort?20:14 What are Tyrell’s goals for his real estate business?23:07 How can you connect with Tyrell? Links Facebook: Tyrell Hayden Real Estate Bluegrass Property Exchangehttps://www.facebook.com/TyrellHaydenRealEstateLex/ Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Ep 180180: Making $40,000 on His First Real Estate Deal!
Alex made $40,000 on his first real estate wholesale deal. Wholesaling has enabled him to earn enough money to flip homes and he even recently purchased a laundry business! If you want to learn more about wholesaling, tune into this episode. Key Talking Points of the Episode 00:00 Introduction01:10 How did Alex make $40K on his first wholesale deal?02:32 How did Alex get in touch with the homeowner?03:29 What is Alex’s background?04:31 What kind of freedom does real estate create for investors?06:56 How is Alex’s company structured today?07:37 What kind of deals does Alex and his team focus on today?08:23 What are the most important KPIs to track in your real estate business?09:57 How many deals did it take before Alex made his first hire?10:43 What was the biggest change Alex made through the years?11:23 What is Alex’s favorite piece of real estate investing?13:35 Why did Alex decide to venture into other real estate strategies?14:56 What other businesses has Alex invested in because of wholesaling?16:38 What does the future look like for Alex?17:55 How can you connect with Alex? Links Instagram: Alex Peransihttps://www.instagram.com/lexthegodson/ Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Ep 179179: $150k First Year Side Hustle
David made $150k in his first year of wholesaling real estate. He is now in year three so we asked him how he was so successful in his first year, and how he's able to keep earning more in the years to follow. Key Talking Points of the Episode 00:00 Introduction02:01 How did David get into wholesaling real estate?03:38 Why is David more focused on the acquisition side of wholesaling?06:03 Where does David and his partner find their leads?08:06 How do David’s conversations with sellers go?09:38 What are David’s appointments with sellers like?11:41 How did David start building his buyers list?13:33 How many deals has David done through the years?14:24 How has wholesaling helped David have more time for music?16:06 How does David manage his wholesaling business?18:01 How did David learn about the AI Dialer in Deal Machine?19:15 How much time does David and his team spend cold calling?20:11 Where does David make his calls from?21:21 How has the AI Dialer helped David get more appointments?22:58 How can you get connected with David? Links TikTok: David Modestohttps://www.tiktok.com/@sonoftheshepherd Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Ep 178178: 6 Ways To Help Someone In Foreclosure
Devin Robinson shares his journey in real estate wholesaling, starting with his first wholesale deal and working with hedge funds. He discusses the importance of building systems and processes, as well as finding truly motivated sellers. Devin emphasizes the value of providing solutions beyond buying the house, such as helping sellers in foreclosure navigate their options. He also highlights the significance of personalized outreach, including sending video messages to potential sellers. Devin concludes by discussing the current state of REO deals and sharing his insights on other types of leads. Key Talking Points of the Episode 00:00 Introduction01:03 How did Devin find his first wholesale deal?03:15 Why did Devin stop selling deals to hedge funds?04:09 How did being part of a mastermind help Devin learn about wholesaling?05:32 What are the hedge funds doing in today’s market?07:46 What markets is The Amherst Group buying in?08:34 How did Devin rebuild his business after learning about wholesaling?09:24 What kind of deals is Devin focused on today?12:21 What kind of support does Devin provide for the sellers they work with?15:10 How does Devin approach leads in preforeclosure?18:30 How does the non-judicial foreclosure process work?20:41 What are the different ways Devin helps sellers restructure their loans?23:28 What is happening with REO deals today?25:25 What other types of deals is Devin getting involved with today?27:50 How can you follow Devin’s real estate journey? Links Free Trial: Deal Machine Apphttps://www.dealmachine.com/pod Instagram: Devin Robinsonhttps://www.instagram.com/devin.robinson1/ Facebook Group: Real Life REIhttps://www.realliferei.com

Ep 177177: Average $40,000 From 2 Deals Per Month
In this episode, we chat with Beth and CJ Moss, a dynamic real estate duo who have successfully transitioned from investing in multifamily units to mastering the art of wholesaling. They share their journey from their initial investments in Providence, Rhode Island, to leveraging the power of the Deal Machine app, which has significantly boosted their business. Now closing two deals per month with an average profit of $20,000 per deal, Beth and CJ provide valuable insights into their strategies, the importance of volume in lead generation, and the role of persistence in their success. They also recount their unique story of meeting in Kuwait and how their diverse backgrounds have contributed to their thriving real estate business. Timeline Summary:[0:24] - Beth and CJ discuss their start in real estate investing in 2017 with multifamily units in Providence.[1:25] - Transitioning to wholesaling due to a lack of capital, and discovering the Deal Machine app.[2:05] - Achieving consistent profits averaging $20,000 per deal with Deal Machine.[3:33] - Their strategy of adding 700 properties a week to Deal Machine.[4:30] - Their unique meeting story in Kuwait and transitioning back to the U.S.[9:25] - Overcoming initial challenges and staying persistent until they closed their first deal.[12:39] - A notable success story involving a property near a newly built casino. Links & Resources:Deal Machine App: www.dealmachine.comBigger Pockets Blog: www.biggerpockets.com Closing Remarks:Thank you for tuning in! If you enjoyed this episode, please rate, follow, share, and review the podcast. Stay tuned for more incredible stories and actionable insights on achieving financial freedom through real estate investing.

Ep 176176: Make $70,000 Wholesaling in South Carolina in 2024?
South Carolina passed a law this year about wholesaling real estate, so we interviewed Cory Boatright about making money from run down homes under the new law. Cory has wholesaled over 1000 deals virtually in all 50 states and created a company called Take Down Funding to help wholesalers. Key Talking Points of the Episode 00:00 Introduction02:01 What do new regulations on wholesaling require investors to do?03:32 What are the advantages of acquiring properties instead of wholesaling them?04:11 How are different state regulations changing the way wholesaling is done?06:54 Why is wholesaling being regulated?10:03 What solution is wholesaling providing distressed homeowners?13:03 What are the big ticket items that need to be evaluated when acquiring homes?15:18 How does Take Down Funding work?19:40 Who are eligible to leverage the Take Down Funding program?22:59 Why should real estate agents and investors learn to work together?25:58 Where is Take Down Funding available? Links Website: Take Down Fundinghttps://www.takedownfunding.com

Ep 175175: My $3 Million Dollar Lesson
Implementing cold calling would have meant $3M more for me right now, 8 years into my real estate career. You're not cold calling because you're scared, like I was. And I'm showing you in this call how to make cold calling a lot of fun (and not scary at all)! [00:00] - Introduction to the power of cold calling in real estate investing.[02:00] - My personal experience with nine hours of cold calling.[05:30] - Overcoming the fear of cold calling and real conversation examples.[10:15] - How to identify and handle wrong contacts efficiently.[15:40] - Engaging with potential leads and common responses.[20:30] - Detailed breakdown of call outcomes and follow-up strategies.[23:00] - Encouragement and tips for getting started with cold calling. David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

Ep 174174: When to Wholesale vs BRRRR
Nate Barger shares his journey to becoming a successful real estate investor. Nate also discusses his troubled upbringing and how it shaped his path. Despite his initial struggles, he found success in the real estate industry and encourages others to focus on their plan A and persevere. Nate also discusses the importance of wholesaling in getting started in real estate and the potential for exponential growth in the industry. He shares insights on how to find off-market deals and the decision-making process between wholesaling and the BRRRR strategy. [00:00] - Introduction to real estate investing and guest Nate Barger.[00:19] - Discussing the BRR method: Buy, Renovate, Rent, Refinance, Repeat.[01:00] - Co-host Ryan Haywood's success story in wholesaling real estate.[02:04] - Nate Barger’s early life, dealing drugs, and transition to real estate.[06:57] - Nate's pivotal moment and decision to change his life.[08:09] - Nate's upbringing and family background.[12:02] - Nate's struggles and eventual decision to start a roofing company.[16:16] - Transition from selling drugs to legitimate business ventures.[18:18] - Discovering real estate and first property purchase.[23:01] - The importance of finding good deals and working with private investors.[27:06] - The significance of wholesaling in real estate investing.[29:02] - Deciding between wholesaling and holding properties.[32:27] - The efficiency of using technology in real estate operations.[34:04] - Closing remarks and promotion of Nate Barger's platforms. David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

Ep 173173: Why Build Good Relationships with Your City Officials
Hey everyone, Ryan Haywood here! In this episode of the Deal Machine Real Estate Investing podcast, I dive into a strategy that’s often overlooked but incredibly powerful: building relationships with city officials. You might wonder how this connects to wholesaling, but trust me, it’s a game-changer for getting high-quality leads. I share my experiences and tips on how you can leverage these relationships to find distressed properties and turn them into profitable deals without the usual hassle. Join me as I discuss the step-by-step process of connecting with code enforcement officials, the importance of showcasing your successful projects, and the long-term benefits of maintaining these valuable connections. If you're looking for an innovative way to secure free leads, this episode is for you! Episode Highlights:[0:00] Introduction to the power of relationships with city officials.[1:00] How code enforcement officials can become your deal finders.[1:45] Inviting city officials to lunch and presenting your success stories.[2:30] The importance of before and after photos in building trust.[3:05] An example of a personal project that turned into a profitable deal.[4:00] The benefits of establishing a track record of successful deals.[4:45] Caution about ensuring your deals are completed well to maintain trust.[5:20] Building lasting relationships with both city officials and investors.[6:00] Real-life example of a lead provided by a city official.[6:30] Closing thoughts on the benefits of free leads through strong relationships. David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

Ep 172172: On The Way Home From Making $31,000
Ben Jensen shares his experience with wholesaling real estate and provides tips for beginners. He discusses how he made $31,000 on a wholesale deal and explains his marketing strategies, including using Google ads and driving for dollars. Jensen emphasizes the importance of networking and finding a mentor when starting out in wholesaling. He also offers advice on underwriting deals and negotiating with sellers. Jensen shares his social media handles and mentions a free community for aspiring wholesalers. Key Talking Points of the Episode 00:00 Introduction01:01 How did Ben make $31K on a wholesale deal?02:21 How does PPC marketing work?05:37 How did Ben find the buyer for this deal?06:35 What can you do if you’re struggling to find buyers for your deals?07:47 How did Ben learn about wholesaling real estate?09:46 Why did Ben decide to be partners with his brother?11:50 How has Ben’s approach to finding deals changed?13:30 What does Ben plan to do with the profit from this deal?14:50 What is Ben’s advice for new investors looking for their first deal?16:42 What are Ben’s quick tips for underwriting deals?18:36 How can you negotiate your offers effectively?19:54 How can you get in touch with Ben? Links Event: Deal Machine Unveiledhttps://www.dealmachine.com/unveiled Instagram: Ben Jensenhttps://www.instagram.com/benjensen.rei Youtube: REI Closershttps://www.youtube.com/channel/UCrJGEJwlCPHvUH2-PA2gpUA Skool: Wholesale Real Estatehttps://www.skool.com/wholesale-real-estate-7984/about David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

Ep 171171: AI Powered Phone Dialer Tips For Real Estate Pros
Troy cold calls a home seller who is angry at fist until Troy flips the script and turns their frown upside down. By the end of the call the home owner eager to look for deals for Troy. Key Talking Points of the Episode 00:00 Introduction03:43 Where does Troy’s way of communicating with sellers come from?04:45 What is Troy’s background?08:05 How did Troy get into sales?11:20 What are the 3 C’s of sales?13:09 What should you avoid when cold calling?15:00 Why is it important to tell sellers your story?16:54 What is the best way to leave a voicemail to get homeowners to call back?19:50 How can a selfie in front of the house get more people to respond?20:38 What was Troy’s first wholesale deal like?23:38 How did Troy get into real estate investing?26:11 What does Troy help real estate investors learn?27:15 How does Troy decide which exit strategy to use for a deal?30:27 Where can you find more of Troy?31:38 What is Troy’s advice for new investors? LinksEvent: Deal Machine Unveiledhttps://www.dealmachine.com/unveiled Instagram: Troy Kearnshttps://www.instagram.com/thetroykearns David's Social: @dlecko https://www.dealmachine.com/pod Ryan's Social: @heritage_home_investments https://www.heritagehomeinvestments.com/

Ep 170170: Top 5 Ways To Find A Real Estate Deal in 2024
If you are looking to get your first real estate deal, we cover the top 5 ways to get great deals off market in 2024. Key Talking Points: (0:00) Introduction: David Leko's appearance on the Great Chicago Investor podcast.(0:42) Switching to Deal Machine: Host shares his experience.(2:04) David's Racing Career: How racing helped manage stress.(5:34) Genesis of Deal Machine: Origin story of the app.(8:07) Deal Machine's Evolution: From personal tool to comprehensive app.(9:52) Top 25 Seller Lists: Focus on motivated seller lists.(12:01) Driving for Dollars: Effective method for finding deals.(15:20) Using County Websites: Accessing free property lists.(18:44) Code Violations: Identifying potential deals.(21:11) Eviction Lists: Finding motivated sellers.(22:54) Utility Issues: Water shutoffs and utility liens.(24:11) Vacant Homes: Using postal data and expired listings.(26:10) Advanced Filters: Utilizing Deal Machine's features.(28:04) Paid Lists: Exploring paid options for property data.(34:12) Investing Strategies: Maintaining focus and pacing growth. Links and Resources Mentioned:Deal Machine App: dealmachine.comDeal Machine Unveiled Event: dealmachine.com/unveiledNick Gray's Book: The Two-Hour Cocktail Party by Nick Gray - A guide on hosting successful social gatherings. David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

Ep 169169: Your First Month Wholesaling - Can You Make $96k?
Lance made $96k in his first month wholesaling 4 real estate deals in 2016 and now he talks about why he still loves single family homes over multi family. Key Talking Points: 00:00: Introduction to the podcast and guest's success in wholesaling.00:20: Discussion on starting with a large volume of direct mail and host introductions.01:06: Introduction of Lance Wakefield and his entry into wholesaling.01:19: Lance discusses his initial strategy and details of his first four deals.01:48: Explanation of the deals and Lance's decision to wholesale.04:01: Transition from viewing wholesalers negatively to engaging in wholesaling.05:02: Evolution of Lance's business and approach to wholesaling, seller financing, and holding properties.06:25: Discussion on contracts used in wholesaling and benefits of tailored contracts.08:20: Benefits of custom contracts and built-in 15-day extension.10:31: Promotion for Deal Machine Unveiled event and the URL.12:20: Lance's current business operations and comparison between rentals and seller financing.14:02: Explanation of the difference between wholesaling and novation.16:49: Breakdown of overhead expenses and business structure.18:37: Strategy for focusing on bigger opportunities, including package deals and refinancing.20:21: Reasons for targeting smaller multifamily units and packages of single-family homes.22:10: Closing remarks and where to find Lance Wakefield on social media. Links and Resources Mentioned: Deal Machine Unveiled Event: dealmachine.com/unveiledInstagram: https://www.instagram.com/lancewakefield_/Facebook: https://www.facebook.com/lance.wakefield.9TikTok: https://www.tiktok.com/@lancewakefield_Podcast: https://podcasts.apple.com/us/podcast/pursuit-of-prosperity/id1498765055

Ep 168168: Is Flipping Land Easier Than Flipping Houses?
Michael turned $100 into $1000 with his first land flip, and after 30 years in the house flipping business, only flips land now to keep his profit high and his life simple. Learn the basics of flipping land and how it compares to flipping (wholesaling) houses. Key Talking Points of the Episode 00:00 Introduction00:44 How did Michael find his first land wholesale deal?02:05 How did Michael find the seller of the property?03:04 Why did Michael switch to doing land from appraising and flipping houses?04:26 What was Michael’s second land deal like?05:19 What kind of land deals is Michael doing today?07:26 Why is it important to prioritize your buyers before your deals?08:49 How does Michael find buyers for his land deals?10:49 What is it like to work with Habitat for Humanity on land deals?11:54 What marketing channels does Michael use to market to land sellers?12:38 What are the benefits of building niche lists to market to?13:15 How is Michael’s business structured today?14:04 How does the Unlimited Information feature on Deal Machine help wholesalers?15:39 Where can you join Michael to learn more about land flipping?17:07 What is Michael’s advice for investors who are looking for their first deal? Links Website: Deal Machine Unveiledhttps://www.dealmachine.com/unveiled Facebook Group: Land Flipping 4 Real Estate Professionalshttps://www.facebook.com/groups/landflipping4realestateprofessionals David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

Ep 167167: Has Skip Tracing Gotten More or Less Accurate?
This one's for anyone who's looking for their first real estate deal and is using phone number contact information as your primary way of getting in touch with property owners. I've actually included a talk that I gave to the nation's largest house flippers. You have to be doing over a hundred flips per year to be in this group. I recorded the live so that you could see how we help them increase the conversations they're having by 50%, which can help you get your first deal even faster. Key Talking Points of the Episode 00:00 Introduction01:03 Who is the Deal Machine app for?02:17 What is skip tracing like for real estate investors?03:35 How does Deal Machine help make skip tracing easier for its users?05:18 Why do most data providers fail to generate accurate information?07:08 How does Unlimited Contact Info on Deal Machine close the gap in skip tracing?08:04 How does the Unlimited Contact Info feature on Deal Machine work?10:53 How can you access the Unlimited Contact Info feature on the Deal Machine app?12:56 How has Unlimited Contact Info helped us with an on-market deal?15:23 What would it cost to access Unlimited Contact Info on the Deal Machine app? Links Event: Deal Machine Unveiledhttps://www.dealmachine.com/unveiled David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

Ep 166166: What Is The Best App For Wholesaling Real Estate?
The DealMachine App CEO Is Interviewed About The Future of Real Estate Technology. Attend our July 1 Free Live Event To Be Among The First To See The Latest Innovations In The Real Estate Industry DealMachine.com/unveiled Key Talking Points of the Episode 00:00 Introduction01:53 What is the story behind Deal Machine?03:20 What sacrifices did I have to make for Deal Machine?05:30 What was the turning point that brought me to real estate?09:02 How did I get started in finding real estate deals?10:02 What led me to getting the Deal Machine app on the market?12:30 How much has the Deal Machine app grown through the years?15:14 How does the Deal Machine app make finding deals easier?17:20 What influences the innovation of the Deal Machine app?18:20 What does API mean?21:00 What does the competition look like for Deal Machine?23:21 Where did my drive to pursue real estate come from?24:41 What does the future look like for Deal Machine?27:38 What can you learn from the Deal Machine podcast? Links Website: Deal Machine Unveiledhttps://www.dealmachine.com/unveiled David's Social: @dlecko https://www.dealmachine.com/pod Ryan's Social: @heritage_home_investments https://www.heritagehomeinvestments.com/

Ep 165165: How To Wholesale A Real Estate Deal
In today's episode we are going to walk you through the simple steps to getting your first wholesale deal and do it quickly. Your host is Ryan Haywood and back in 2019 he left his 9 to 5 job and pursued full -time wholesale and in two weeks I secured his very first deal earning $8,500. His second deal was $20,000 Ryan has gone on to do 425 transactions since then in the last 5 years and has never looked back. Key Talking Points of the Episode 00:00 Introduction01:00 What do you need to do to start wholesaling?04:01 What will your first deal make you realize?05:41 What are the top fears of people when getting into wholesaling?07:17 How can having a coach help you get over your fears?09:16 What can you learn from joining a mastermind?10:05 What kind of support can you get from Deal Flow Academy? Links Coaching Program: Deal Flow Academyhttps://www.skool.com/deal-mentor-academy-4559/about David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

Ep 164164: 7 Ways To Get A Killer Real Estate Deal
In today's episode, we are going to walk you through seven reasons why people want to sell their homes at a huge discount. There's many different things that we can uncover in terms of why people are motivated to sell and what you need to look for as a wholesaler to secure that deal. Key Talking Points of the Episode 00:00 Introduction01:29 What are the requirements to start wholesaling real estate?02:10 Medical conditions, death, and distress04:51 Family stress06:27 Tax delinquency08:47 Distressed or retired landlords11:56 What are the benefits of driving for dollars? David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

Ep 163163: Graduating College With No Job - What To Do?
Are you a recent college grad feeling the stress of job hunting? In this episode, we dive into the inspiring story of Cameron, a 22-year-old navigating the post-college job market with a fresh approach: real estate wholesaling. Join us as we share valuable insights on how wholesaling can not only provide a lucrative income but also offer a flexible career path without the constraints of a traditional 9-to-5 job. Tune in to discover the strategies Cameron used to jumpstart his wholesaling journey and learn how you can apply these methods to secure your own financial future. Key Talking Points00:00 - Introduction: Discussing the stress of job hunting post-college and the potential of wholesaling as a solution.00:20 - What is Wholesaling?: Explaining the concept of earning finder's fees through real estate wholesaling.00:54 - David’s Story: David shares how he created Deal Machine to help people close their first real estate deals.01:17 - Ryan’s Journey: Ryan’s transition from a 9-to-5 job to full-time wholesaling, making $8,500 in his first 14 days.02:23 - Cameron’s Story: A detailed look at Cameron's situation and his steps to start wholesaling.03:35 - Effective Marketing Strategies: The importance of sufficient marketing, including sending 500 postcards.04:57 - Direct Mail Tips: Crafting effective postcards with personal touches to increase response rates.07:22 - Subscription Reminder: Encouraging listeners to subscribe for more tips on achieving financial freedom.08:07 - Cameron’s Results: Initial responses to Cameron’s marketing efforts and dealing with setbacks.10:16 - Long-term Benefits of Real Estate: Discussing the financial growth potential through holding rental properties. David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

Ep 162162: What To Say When The Seller Calls You Back
EIn this episode of the Deal Machine Real Estate Investing Podcast, co-hosts Ryan Haywood and David Lecko break down an incoming call from one of Ryan’s postcards. This in-depth analysis is perfect for anyone who sends out postcards and waits for responses. Ryan and David share their personal experiences in wholesaling, explaining the process and the value it brings to both sellers and investors. Listeners will gain valuable insights into handling calls, setting appointments, and maintaining control of conversations to secure deals. Timeline Summary:[0:00] Introduction: Ryan and David introduce the episode and its purpose.[0:20] Ryan’s Background: Ryan shares his journey from leaving a 9-to-5 to completing over 400 transactions.[1:01] Wholesaling Explained: David provides an overview of wholesaling and its benefits.[2:22] Call Analysis Begins: The team starts analyzing the call from Ryan’s postcard.[4:23] Setting Expectations: Discussion on the importance of setting expectations with potential sellers.[7:14] Qualifying Leads: The process of qualifying whether the caller is a legitimate lead.[10:06] Scheduling Appointments: Tips on taking control of the conversation and scheduling appointments effectively.[12:34] Explaining the Process: Explaining the entire process to the seller to maintain transparency and trust.[13:32] Closing Thoughts: Reflecting on the call’s outcome and Ryan’s thoughts on improving the process.[14:41] Clint’s Role: Discussion on Clint’s background and his journey into real estate investing. Links & Resources:Follow David on Instagram: @DavidLekoFollow Ryan on Instagram: @HeritageHomeInvestments Closing Remarks:We hope you enjoyed this detailed call analysis and found it helpful for your real estate investing journey. Don't forget to subscribe to the podcast, leave a rating and review, and share your favorite parts with us. Follow us on Instagram for more updates and tips. Thanks for listening!

Ep 161161: Is Winning The Super Bowl Harder Than Wholesaling Real Estate?
In this episode, we have the pleasure of interviewing Gary Brackett, former NFL player turned real estate wholesaler. Gary shares his journey from playing in the Super Bowl to earning $10,000 on his first wholesale deal, leveraging social media and his network to find and close deals. He discusses his transition into real estate, the strategies he uses to find motivated sellers, and his approach to solving problems for property owners. Key Takeaways: 00:00 - Introduction: Gary Brackett's background and transition from NFL to real estate wholesaling.02:40 - First Wholesale Deal: Gary's first deal, earning $10,000 by finding a distressed seller and connecting with a cash buyer.05:00 - Discovering Wholesale: Transitioning from business coaching to real estate investing and the challenges of understanding the wholesale process.07:30 - Leveraging Social Media: Using social media to find buyers and build a network of investors.10:15 - Key Motivated Seller Leads: The importance of targeting vacant properties, high equity, and absentee owners.12:30 - Customized Direct Mail: Tailoring direct mail pieces to different types of motivated sellers to increase response rates.15:00 - Business Coaching Insights: Gary’s approach to business coaching and the importance of core values and vision in business success.18:45 - Problem-Solving Mindset: The value of solving problems for customers and how it drives business growth.21:10 - Sports and Real Estate: Lessons from NFL applied to real estate, such as resilience and focusing on the process.24:20 - Building a Buyer’s List: Developing a CRM to manage buyer information and preferences, and using it to close deals efficiently. Resources and Links: Deal Machine: https://www.dealmachine.com/Rich Dad Poor Dad by Robert Kiyosaki: https://www.richdad.com/Gary Brackett’s Coaching and Speaking Website: https://garybrackett.com/ Make sure to subscribe to our podcast and leave a rating and review to let us know your favorite parts and why you want to achieve financial freedom. Follow us on social media for more updates and insights into real estate investing.

Ep 160160: What My Team Said To Make $130,000
This one's for anyone who gets nervous on the phone and wants to close their first real estate wholesale deal. Your hosts David and Ryan listen as David's team speaks with as seller that has called back after receiving a postcard. Ultimately, David ended up making $130,000 on this deal. Ryan Haywood has completed 425 real estate wholesale deals in St. Joseph Missouri since 2019 when he quit his job. David has created a process that has helped over 10,000 people close their first real estate wholesale deals in all 50 states with the software platform called DealMachine. Key Talking Points of the Episode 00:00 Introduction02:40 Gathering information05:30 Asking questions about the property10:05 The goal of the first conversation with a seller11:55 Running numbers from the seller13:28 Showing empathy on the call15:34 Building relationships18:21 Setting the appointment21:10 Key takeaways from the call22:11 Advice for cold callers Links Podcast: 071: How To Analyze A Real Estate Deal with David Leckohttps://podcasts.apple.com/us/podcast/071-how-to-analyze-a-real-estate-deal-with-david-lecko/id1667656532?i=1000634607727

Ep 159159: Overcome Feeling Nervous Starting a Business
This one's for anyone who feels nervous talking with somebody about buying their house, while they are trying to do a wholesale deal, meaning you're not going to actually buy the house, you're going to pass it off to an investor that gives you a finder's fee. In this episode, our guest Steve Howell started doing his first deal in 2009, and has done hundreds of deals. He talks about what he learns doing his first hundred deals back between 2009 and 2011, when he finally did quit his job, and why he is still wholesaling today in 2024. Key Talking Points of the Episode 00:00 Introduction01:38 What was Steve’s first wholesale deal like?02:15 How did Steve find the seller of his first wholesale deal?04:03 How did Steve pitch his offer for the property?05:12 What did Steve do to overcome the nerves during the conversation with the seller?06:32 How did Steve find the buyer for his first wholesale deal?07:46 How can a JV help you gain confidence in wholesaling?08:07 What is Steve’s business like today?09:31 Why did Steve decide to focus on probate and inheritance deals?11:47 How did Steve’s last full-time job help him as an investor?12:54 What is the biggest challenge when speaking to a seller the first time?13:41 What is the best way to overcome the pressure of speaking to sellers?15:28 Why is it important to learn how to overcome seller objections?16:17 How does Steve help new investors navigate the first steps of wholesaling?18:22 What does the future look like for Steve’s wholesaling business? Links Podcast: 138: 10 Seller Objections Handledhttps://podcasts.apple.com/us/podcast/138-10-seller-objections-handled/id1667656532?i=1000652714459 Website: Steven Howellhttps://www.stevenhowellmentoring.com/

Ep 158158: Quitting your 9-5 in under 2 years
This one's for anyone who wants to build their side hustle up enough where they can quit their nine to five. Our guests today Mike and Jae started two years ago doing wholesaling real estate, which is the proven business model that we teach you on this podcast. Tune in to have the freedom and flexibility to do what you want, when you want, where you want, with who you want. Key Talking Points of the Episode 00:00 Introduction02:39 What is a lien?03:13 How did Mike & Jae find their first wholesale deal?04:22 Where did Mike & Jae find a buyer for their first deal?05:08 How did Mike & Jae take advantage of social media for their wholesale deals?07:25 Why did Mike & Jae have to renegotiate their first deal?08:33 What was it like for Mike to renegotiate their offer?09:17 What did Mike & Jae find out after the title report came back?11:38 How long did it take for Mike & Jae to get their first deal done?12:33 What does business look like for Mike & Jae today?14:51 How is Mike & Jae using creative financing to do more deals?17:34 How is the purchase and sale agreement different for a creative deal?19:21 What are the wholesaler’s responsibilities in a creative deal?20:40 Why are creative deals not ideal for new investors?21:20 How did Mike & Jae get into doing creative deals?22:38 What is it like for Mike & Jae to work together in business?24:56 What are Mike & Jae’s goals for their business?27:13 Where can you follow Mike & Jae? Links Podcast: 139: 7 Day Challenge To Make $10,000https://podcasts.apple.com/us/podcast/139-7-day-challenge-to-make-%2410-000/id1667656532?i=1000652953223 Instagram: Jae Moraleshttps://www.instagram.com/roman.with.jae/ Instagram: Mike Scarpahttps://www.instagram.com/roman.with.mike/

Ep 157157: POV You've Closed 10 Real Estate Wholesale Deals
If you've closed 10 real estate wholesale deals within a year's time period, and you're looking to do 20 next year, this episode is going to help you figure out how to test new strategies to grow your business. If you're not doing 10 deals per year, you'll be able to see around the corner of what is to come and you'll be able to avoid focusing on the wrong things. Key Talking Points of the Episode 00:00 Introduction02:14 How effective is it to market to eviction lists?03:42 What is the 360 marketing strategy?06:04 How does the 360 marketing strategy make driving for dollars more effective?08:17 Why is it important to find ways to improve your marketing?09:29 What marketing strategy should new investors focus on?10:37 What is the biggest expense with the 360 marketing strategy?12:02 How does the 360 marketing strategy put you in front of your leads more?13:08 Why is it more ideal for new investors to drive for dollars first?

Ep 156156: Is The Best Way To Start Investing in Real Estate "Wholesaling?"
Want to invest in real estate to replace your W2 and be your own boss? Our guest asks top questions on getting started and we answer them! Key Talking Points of the Episode 00:00 Introduction02:17 When do real estate investors use debt for properties?04:01 How do interest rates affect your real estate deals?05:37 Where did the idea for the Deal Machine app come from?06:48 What motivated David to build the Deal Machine app?07:39 What was the first property David invested in?09:38 What is difference between how we do real estate today from before?10:18 How can new investors take advantage of DSCR loans?12:05 What is the BRRR strategy?13:04 How can new investors avoid getting into bad deals?14:10 What is the difference between being an agent and a wholesaler? Links Podcast: 065: How to Get Your First Deal in 7 Days with David Leckohttps://podcasts.apple.com/us/podcast/065-how-to-get-your-first-deal-in-7-days-with-david-lecko/id1667656532?i=1000633061788 Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Heritage Home Investmentshttps://www.instagram.com/heritage_home_investments

Ep 155155: How to Decide What Business You Want to Start
If you want financial freedom, you may have heard several options like selling solar panels, trucking, selling amazon items, starting a pottery company. Mike shares his experience and insights on starting a wholesaling business in real estate. He discusses his motivation for getting into wholesaling, the challenges he faced as a young entrepreneur, and the benefits of the real estate industry. Mike emphasizes the importance of staying focused, building a team, and balancing investments with enjoying life. He also highlights the advantages of real estate as an appreciating asset and a source of passive income. Mike concludes by sharing his social media handle and expressing his appreciation for the value provided by Deal Machine. Takeaways • Wholesaling in real estate is an attractive business model with low overhead and the potential for high profits.• Staying focused and building a team are key to success in wholesaling.• Real estate is a conservative and appreciating asset that offers multiple benefits, including cash flow, appreciation, leverage, and tax advantages.• Balancing investments with enjoying life is important for long-term happiness and fulfillment.• Deal Machine is a valuable software for real estate investors, providing efficient lead generation and skip tracing. Chapters 00:00 Starting a Wholesaling Business in Real Estate03:19 Challenges and Motivation as a Young Entrepreneur08:36 The Benefits of the Real Estate Industry13:45 Balancing Investments and Enjoying Life15:18 The Advantages of Real Estate as an Appreciating Asset David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

Ep 154154: If Your Sales Commissions Get Cut, Do THIS
Statton Paris shares his journey from working in sales at a car dealership to becoming a high-earning real estate wholesaler. He started wholesaling two years ago and made almost $10,000 on his first deal. He was motivated to start wholesaling because he wanted more control over his time and didn't enjoy the work and long hours in the car dealership industry. Statton primarily uses driving for dollars to find deals and has had success with door knocking and leaving letters on doors. He emphasizes the importance of making low offers and negotiating with both sellers and buyers to increase assignment fees. His future goal is to reach six figures a month and provide a better life for his family. Key Talking Points of the Episode 00:00 Introduction01:30 Why did Statton decide to get into wholesaling real estate?02:47 How is wholesaling real estate different from working in the mortgage space?03:55 What does Statton like most about wholesaling real estate?04:49 How did Statton find his first wholesale deal?05:41 How did Statton approach leads after door knocking?06:39 How many doors did Statton knock on to find his first wholesale deal?07:47 Where did Statton find a buyer for his first wholesale deal?08:23 How did Statton identify how much to offer on the property?10:06 What is Statton’s second wholesale deal like?11:49 What was Statton’s experience like with flipping properties?14:22 What does the future like for Statton’s real estate business?15:39 What should you focus on improving when dealing with buyers?17:55 How do you get better in dealing with sellers?20:11 What are Statton’s goals for the future?24:02 What is Statton’s advice for new investors?

Ep 153153: He Makes $15,000 Per Week from Solar Real Estate Deals
If you want to 10x your income and replace your w2, our guest today explains how he went from making $500 per week working at a restaurant to making $15,000 per week marketing for solar panel leads. This did not happen overnight, but he did a very similar style of marketing to wholesaling real estate, which is why we thought you'd enjoy this episode a lot. Key Talking Points of the Episode 00:00 Introduction01:11 What is Kyle’s background?03:15 How does Kyle market to homeowners?04:30 How does Kyle manage his team?05:14 Why did Kyle decide to get involved in the solar business?07:07 How long did it take for Kyle to replace his $500 salary?08:16 How does Kyle help solar installers with marketing?09:45 What are the benefits of working this business model?11:08 How does Kyle manage the leads they generate for the solar industry?12:38 How can you get involved in lead generation for the solar industry?14:45 What type of properties does Kyle target for their solar deals?16:42 How many projects would it take to make $15K with Kyle’s deal model?18:12 What does the future look like for Kyle and his team? Links Instagram: Kyle Granthttps://www.instagram.com/kyle__grant/ Instagram: David Leckohttps://www.instagram.com/dlecko

Ep 152152: He Made $72,000 Wholesaling A House
If you want more income and time freedom, our guest demonstrates the potential of wholesaling real estate with a total of 500 deals in 8 years, while moving to a new city every year to support his wife's military career. Key Talking Points of the Episode 00:00 Introduction01:06 How did Derek find his first wholesale deal?02:55 What made Derek decide to get involved in real estate?04:07 Why is Derek only focused on wholesaling in one market?05:13 How has Derek wholesaled properties through the years?06:00 What was Derek’s smallest assignment fee ever?08:32 How has wholesaling changed over the last 8 years?09:28 Why shouldn’t you build a business around free leads?10:13 What are the best ways to find off market deals?11:34 What are the lists that Derek sends marketing to?12:11 How does Deal Machine help cut costs in skip tracing?15:04 How can you get in touch with Derek? Links Youtube: Real Estate Dadhttps://www.youtube.com/@TheRealRealEstateDad/

Ep 151151: 10 Tips For Becoming a Real Estate Investor
In this conversation, David Lecko and Ryan discuss advice from Eric Stark, a full-time real estate investor with over 600 deals under his belt. They cover topics such as working a specific strategy, specializing in one thing before adding to it, finding a mentor, making written offers, developing off-market lead generation systems, using profits to keep good deals, and being clear on goals and enjoying life. They emphasize the importance of focusing on one strategy, building relationships with city officials, and being mindful of personal and business finances. Key Talking Points of the Episode 00:00 Introduction01:10 How did John find his first wholesale deal?02:23 What strategy did John use to market to sellers?03:13 How did John analyze the value of the property virtually?04:03 How did John come up with the offer price for this property?05:41 What response did John get from his offer?06:26 How does John plan to find a buyer for his first wholesale deal?07:32 What is John stuck on with this wholesale deal?08:23 What makes finding a buyer challenging?10:23 How can real estate agents help you re-negotiate the price with the seller?11:41 How did John come up with the ARV for the property?13:48 What would the numbers be if we ran them in Deal Machine?16:15 How can John make the deal work?

Ep 150150: 3 Ways RE Investors Can Work With RE Agents
Real estate agents and real estate wholesalers do not always see eye to eye, but it is possible to actually work well together. Today we speak with our co-host and wholesaler, Ryan Haywood, along with his real estate agent, Chuck Davis, to find out how they are able to better serve clients by working together. Key Talking Points of the Episode00:00 Introduction01:11 How can wholesalers and realtors work well together?03:41 How could realtors benefit from working with wholesalers?05:17 What should realtors know about working with wholesalers?07:37 How can realtors help wholesalers find good off-market deals?10:29 How did Chuck and Ryan start working together?12:49 What are the benefits of working with realtors?16:16 Why does it make sense for realtors to work with wholesalers today?18:16 When should wholesalers start working with realtors?20:42 How can you get in touch with Chuck?LinksFacebook: Chuck Davishttps://www.facebook.com/chuckdavisrealestate

Ep 149149: What are novations?
You're here because you want to break the shackles of your nine to five and start a business that gives you more time freedom in your life. The proven business model we're covering on this podcast is wholesaling real estate, which is a strategy where you find a rundown house, you pass it to an investor to make $10,000 like our guest Andrew did exactly a year ago. And he's now done about eight deals so far. And he's finding out that wholesaling is a great strategy, but there's something new he learned that he's actually doing even more of called Novations. So he's gonna talk about what this real estate tool is and how you can use this in your tool belt as a real estate wholesaler so that you can help more people and make more money. My name's David Lecko. This is the podcast for 10Xing your income and replacing your W-2 through wholesaling real estate. I created a process called Deal Machine that's helped people close 10,000 deals on all 50 states in the last seven years. Key Talking Points of the Episode 00:00 Introduction01:15 How did Andrew find his first wholesale deal?02:00 Why did Andrew decide to build a buyers list first?03:23 How did Andrew meet with cash buyers he added to his list?04:20 What was the first list that Andrew marketed to?05:34 What is Andrew’s background?06:32 What was it like when Andrew first started wholesaling?07:46 How many deals has Andrew done since he started wholesaling?08:42 What was the biggest surprise Andrew had in wholesaling?10:40 How is a novation different from wholesaling?12:30 When would a novation work best for a deal?14:10 Why should you do 3 novations every 1 wholesale deal?15:05 Why would novations work better than listing with a realtor?16:07 What is Andrew looking forward to?17:28 How has Deal Machine helped Andrew in his real estate business?

Ep 148148: The Most Profitable Category: Rundown Properties
In this conversation, David Lecko and Zach Booth discuss the driving for dollars strategy in real estate wholesaling. They cover the four categories of properties to look for: rundown properties, absentee owner properties, owner-occupied properties, and corporate-owned properties. They emphasize the importance of adding any properties with signs of distress to your marketing list, regardless of ownership type. They also discuss the effectiveness of different marketing strategies for each category and the importance of prioritizing your time and resources. Overall, the driving for dollars strategy can be highly profitable and allows for scalability and freedom. Key Talking Points of the Episode 00:00 Introduction01:15 What are the 4 kinds of properties to look for when driving for dollars?03:05 Why is it worth marketing to owner-occupied properties?04:49 What is the best way to market to corporate-owned properties?07:07 How can you find contact information for corporate-owned properties?10:45 Why is it important to still drive for dollars in person?12:30 What are the best ways to make the most of your driving for dollars list?13:40 How can you make driving for dollars more convenient with Deal Machine?15:08 What are the most important kind of properties to market to?17:01 Why are owner occupied properties more profitable than the rest?18:36 How can the Driving for Dollars Mastery podcast help you get started? Links Podcast: Driving for Dollars Masteryhttps://podcasts.apple.com/in/podcast/driving-for-dollars-mastery/id1570543403

Ep 147147: Making a $90,000 Assignment Fee in 6 Days
Dillano shares the story of a recent real estate deal where he made a $90,000 assignment fee in just six days. The deal came from a past relationship and involved a property that was about to be foreclosed on. Dillano negotiated with the seller and offered assistance in finding a new place to live. He also implemented a seller holdback, where the seller would receive half of the net proceeds upfront and the rest after moving out. Dillano celebrated the success by paying off debt and reinvesting the money into marketing for more deals. Key Talking Points of the Episode 00:00 Introduction01:01 How did Dillano find his most recent wholesale deal?03:40 What strategy did Dillano use to get the deal under contract?06:10 What is the best way to approach sellers?08:22 Why is it important to offer help beyond the transaction?09:53 What is a seller hold-back?11:40 What were the numbers on this deal?13:40 Why is it important to celebrate your wins as a wholesaler?15:02 What is the best way to manage your profits?18:24 What is next for Dillano?20:00 How can you get in touch with Dillano?21:45 What is the value of doing JV deals with other investors? Links Instagram: Dillano Medinahttps://www.instagram.com/realestatelano/ Podcast: 094: 3 Cold Calling Tips Learned from 60 Wholesale Real Estate Deals Dillano Medinahttps://podcasts.apple.com/us/podcast/094-3-cold-calling-tips-learned-from-60-wholesale-real/id1667656532?i=1000640636366

Ep 146146: The Formula for Marketing to Wholesale Real Estate
Yash Sampat shares his experience in wholesaling real estate, including his strategies for finding deals and buyers. He discusses how he uses text blasting and cold calling to generate leads, with an average conversion rate of 1%. Yash also explains his process for evaluating properties and making offers, which includes using software like PropStream and Deal Machine. He emphasizes the importance of communication with sellers and adjusting pricing when necessary. Yash plans to transition full-time into wholesaling and sees it as a lower-stress alternative to his agency business. Key Talking Points of the Episode 00:00 Introduction01:01 How did Yash find his first 3 wholesale deals?02:15 How many text messages did Yash need to send to get leads?03:01 How much does Yash make in assignment fees?04:16 What does Yash’s process look like after speaking to a seller?05:03 What formula does Yash use to make an offer on a property?06:52 How does Yash handle seller conversations?10:02 How does Yash present his offer a seller?11:07 How much time does it take for Yash to close on his deals?12:48 Where does Yash find buyers for his wholesale deals?14:27 How did Yash learn about wholesaling?16:24 What does Yash’s agency do?17:48 What does the future look like for Yash?20:57 What is Yash’s advice for people getting into wholesaling today?

Ep 145145: College Student Starts Wholesaling Real Estate
Diego Cavazos shares his journey in real estate investing, starting with his first deal and the challenges he faced. He discusses his marketing strategies, including cold calling, PPC, and ringless voicemails. Diego also talks about his goals for the future and his plans to build a successful business. He shares insights into finding buyers and the process of pitching deals to them. Key Talking Points of the Episode 00:00 Introduction01:01 How did Diego find his first wholesale deal?02:01 What is Diego doing full-time?03:11 How many deals has Diego done since the first one?04:05 What marketing channels does Diego use to find deals?05:02 How do PPC ads and ringless voicemails work?06:05 What kind of lists does Diego market to?07:09 How many ringless voicemails does it take to get leads?08:44 What is Diego doing with his profits from wholesaling?09:37 What are Diego’s goals?11:03 How is Diego’s team structured?12:02 How did Diego find his first buyer?13:33 How does Diego pitch deals to his buyers?15:00 How quickly does Diego sell his deals to his buyers?16:00 What does the future look like for Diego?17:07 What is Diego’s advice for new wholesalers?

Ep 144144: Top 5 Ways To Find Undervalued Real Estate in 2024
David breaks down the top 5 ways to find undervalued real estate in 2024. Key Talking Points of the Episode 00:00 Introduction00:50 Driving for dollars01:48 Tax delinquent properties02:39 Liens03:17 Code violations03:45 Pre-foreclosures04:38 Probate05:16 Deal Machine FREE trial Links Website: Deal Machinehttps://www.dealmachine.com

Ep 143143: Real Estate Agent vs Wholesaling
Curious which is the best self-employed option for you in real estate? Our guest Tony Roberts breaks down the pros and cons of his work as a real estate agent and also a wholesaler. This is the podcast for 10xing your income and replacing your w2 with the power of real estate investing! Key Talking Points of the Episode 00:00 Introduction00:49 How much did Tony make on his first wholesale deal?01:35 What is Tony’s background?03:31 When did Tony realize that wholesaling is a real business?04:23 Why did Tony decide to try wholesaling real estate?05:27 How did Tony find his first JV partner?06:39 How did Tony approach investors when he first started?09:28 What challenges did Tony have with his first wholesale deal?10:37 How does Tony handle seller conversations?12:21 How can we start changing the stereotype of wholesaling?13:52 How did Tony figure out the value of the property?15:27 Where did Tony learn to calculate the ARV of a property?19:15 How was Tony’s first JV deal structured?20:42 How did Tony move forward after starting with JV deals?23:50 What is Tony’s advice for everyone listening?25:28 How can you connect with Tony? Links Document: JV Agreementhttps://www.dealmachine.com/jv Instagram: Backstreet Property Investmenthttps://www.instagram.com/backstreetpropertyinvestments/ Youtube: Backstreet Property Investmenthttps://www.instagram.com/backstreetpropertyinvestments