Storage Wins EP350: How DEAL MACHINE Can Turn Your Phone Into The Ultimate Real Estate Investing Tool (In Under 1 Minute)
David Lecko is the CEO & Founder of DealMachine, a driving-for-dollars software platform that makes it easy for you to get in front of motivated sellers. David created the platform out of his own frustrations when he was trying to get ahold of homeowners manually. Alex uses this service and cannot recommend it enough. Listen in to find out how DealMachine can help your business!
Key Takeaways:
- Alex's cost per lead through other marketing channels is rising, DealMachine makes his job easier and more cost-effective.
- What are David's thoughts about passive income?
- How did David first develop DealMachine?
- David is in the process of building his own rental portfolio.
- David followed the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) formula and it's worked out great for him when it comes to building his portfolio.
- What are some of the benefits of DealMachine? How can it help you get more leads / deals / money?
- What's the best way to find qualified property finders?
- David was able to add about 73 properties to deal machine in an hour-and-a-half (with photos).
- Don't just add vacant properties, but target owner occupied homes as well.
- How accurate is the owner search?
- What other ways can you use DealMachine?
- David shares some client case studies and some of the successes his clients have seen.
- The more competitive the market gets, the more archaic the marketing becomes.
Mentioned in This Episode:
Interested in joining the Hybrid Coaching & Mastermind Group Alex & Steve launched? Apply to Join ASCEND
Deal Machine: Find off-market deals, automate direct mail campaigns, get in touch with the owner, and have your leads managed...in just 10 seconds
Rich Dad Poor Dad — Robert Kiyosaki and Sharon Lechter
Get the Cashflow Board Game
Tweetables:
"I was struggling with the follow-up process. I would drive, write down some address, and then go home. I realized I was totally wasting my time."
"I didn't start DealMachine with the intention of it being a business, but it's awesome how it worked out that way."
"If you can afford it, just pay one person hourly to find properties and they're out there doing it 30-40 hours a week."
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