The DealMachine Real Estate Investing Podcast

David Lecko, Ryan Haywood
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Mar 24, 2025 • 32min

317: The Deal-Finding Strategy That Most People Overlook

Luke Careccia didn’t wait around for deals to find him—he built a thriving real estate team that works directly with agents, flips listed properties, and closes assignment fees others miss. In this episode, Ryan and David dig into Luke’s exact strategy for turning agent relationships into consistent deal flow, how he decides what to pay out on assignments, and what most wholesalers are doing wrong in today’s market. KEY TALKING POINTS:0:00 - Luke Careccia’s Skits With Ed Bassmaster4:14 - Luke’s Business: Thrive Real Estate Team7:11 - Why He Started Wholesaling After Seeing A Settlement Sheet8:06 - Is Wholesaling Less Work Than Being An Agent?12:33 - Why Agent Outreach Is Changing The Culture Of Wholesaling14:41 - What Luke Says To Agents & His Process Of Working With Them20:41 - What Is The Process Of Dispo-ing An MLS Lead?24:23 - What Luke Was Trying To Accomplish When Starting Thrive28:00 - What Luke Is Looking Forward To In 2025 & Closing Thoughts32:10 - Outro LINKS:Instagram: Luke Carecciahttps://www.instagram.com/introduced.as.luke/ Website: Luke Carecciahttps://linktr.ee/TheThriveTeam 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/
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Mar 21, 2025 • 19min

316: How to Lock Up Your First Deal (The Right Way)

Locking up your first real estate deal is easier than you think—if you know what you're doing. In this episode, we break down the three essential contracts every wholesaler needs: the purchase agreement, the assignment contract, and the JV agreement. You'll learn how to secure a deal, protect yourself from losing it, and find the right buyers to close fast. KEY TALKING POINTS:0:00 - The Contracts You Need To Lock Up Your Deals0:42 - The Purchase Agreement5:35 - The Assignment Contract7:38 - The JV Agreement8:57 - How To Sell Your Deal14:39 - Building A Business That Produces Cash18:33 - Outro LINKS: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/
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Mar 19, 2025 • 24min

315: Why Motivated Sellers Say Yes (And How to Find Them)

Why do some sellers accept low offers, and how can you find them before anyone else? David breaks down the psychology of motivated sellers and reveals the top ways to uncover hidden deals in any market. From tax delinquent properties to distressed homeowners, learn how to spot the signs, reach out effectively, and secure off-market opportunities. KEY TALKING POINTS:0:00 - How Michael Breedlove Made $15k In Two Weeks1:26 - Free Methods For Finding Motivated Sellers7:35 - Paid Methods For Finding Motivated Sellers9:19 - How To Contact Motivated Sellers14:08 - How To Handle Seller Appointments19:23 - Getting The Offer Price Right21:09 - Estimating Repair Costs23:24 - Outro LINKS: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/
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Mar 18, 2025 • 15min

314: How To Absolutely CRUSH Your Competition In Wholesale Real Estate

Tired of getting squeezed out by the competition? Jon Barbera breaks down how to eliminate your competition in wholesale real estate by going deep instead of wide. Learn why most investors waste time chasing too many leads—and how you can win bigger deals with less effort by targeting the right ones. If you want to dominate your market and make your competitors irrelevant, this is the episode you need. KEY TALKING POINTS:0:00 - Why Jon Barbera “Sucked” For His First Eight Years In Business1:25 - His Method Of Using Niche Lists2:56 - Breaking Down The Lists He Targets6:35 - Stacking Motivations With Your List8:22 - It’s The Quality Of The List, Not The Quantity Of Properties11:06 - Why Big Wholesale Companies Can’t Compete With Him14:58 - Outro LINKS:Instagram: Jonatan Barberahttps://www.instagram.com/jonbarbera Website: Jonatan Barberahttps://prymeacademy.mykajabi.com/jonbarbera 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/
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Mar 17, 2025 • 17min

313: How to Escape the Rat Race with Real Estate

David shares the real estate investing strategies that took him from saving pennies on a $50K salary to building a $4M rental portfolio generating $12K/month in passive income. He breaks down why real estate beats stocks, how to find great deals in any market, and the mindset shift that changed everything. If you’re ready to escape the rat race, this is where you start. KEY TALKING POINTS:0:00 - What Inspired David To Get Into Real Estate2:28 - Is Now A Good Time To Buy Real Estate?8:54 - What Prevents People From Getting Started In Real Estate?9:46 - How Wholesaling Works11:26 - Breaking Down The BRRRR Strategy13:28 - The Birth Of DealMachine And What It Can Do For Investors15:54 - The Difference Between Being An Agent And Investing17:02 - Outro LINKS: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/
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Mar 14, 2025 • 16min

312: Ryan Tries To Land A $20K Deal Before Vacation Ends

Ryan’s not one to waste an opportunity—even on vacation. While staying in Austin, he spends time driving for dollars, scouting distressed properties, and adding leads to his pipeline. He shares his process for identifying key distress signals, from overgrown yards to aging roofs, and explains why visually spotting leads can be more powerful than pulling lists. Along the way, he discusses his approach to entering new markets, the benefits of staying in Airbnbs to scope out neighborhoods, and how he’s landed deals outside of his home market before.KEY TALKING POINTS:0:00 - Introduction0:58 - Why Ryan Prefers To Look For Run-down Properties1:38 - Some Examples Of Signs Of Distress3:44 - What Is A 3-tab Roof?4:50 - Why Ryan Is Looking For Leads In Another Market?7:53 - More Examples Of Distressed Properties15:56 - Closing Thoughts16:04 - Outro LINKS: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/
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Mar 12, 2025 • 24min

311: What David Wishes He Knew Before Doing BRRRR

BRRRR investing can be a game-changer—unless you get it wrong. In this episode, David shares the biggest mistakes he made with the BRRRR method and what he’d do differently. From contractor pitfalls to financing nightmares, learn from his hard-earned lessons so you don’t make the same costly errors. KEY TALKING POINTS:0:00 - Guest Breaks Down His Current Situation0:36 - The Pitfalls David Experienced In His Real Estate Journey4:53 - David’s Current Portfolio And Rental Cash Flow8:12 - The New Strategy He Tried This Year10:14 - Why David Doesn’t Do Section 8 Rentals12:08 - How He Handles His Rentals Being Out Of State14:06 - How David Funds His Rentals18:10 - How Do You Find A Good Contractor?20:31 - David’s Process For Finding Deals23:54 - Outro LINKS: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/
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Mar 11, 2025 • 15min

310: A BETTER Way To Flip Houses?!

Flipping houses the traditional way can be a grind—but what if there’s a smarter, lower-risk approach that saves time and effort? In this 15-minute highlight from our latest DealMachine Masterclass, Casey Gregersen breaks down his strategy for flipping houses with less hassle, more efficiency, and a fresh perspective on making deals work in today’s market. KEY TALKING POINTS:0:00 - A New Strategy For Flipping Houses1:12 - Why Do You Need A Better Way To Flip Houses?2:06 - What Is The Revive Method?3:18 - Why This Strategy Works5:00 - The 5 Steps Of This Method6:15 - The Difference Between The Revive Method And Novations6:58 - The Deal Criteria To Look For9:12 - How To Run The Numbers14:03 - How To Position This To The Seller15:12 - Outro LINKS:Instagram: Casey Gregersenhttps://www.instagram.com/caseygregersen Website: Casey Gregersenhttps://caseygregersen.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/
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Mar 10, 2025 • 9min

309: 4 Reasons You Haven't Gotten A Deal

David breaks down the four biggest reasons you're struggling to land your first deal—and how to overcome them. He answers real questions from Khang Le's students, sharing hard-earned insights on rental strategies, deal analysis, and the mindset shifts that make all the difference. If you've been stuck on the sidelines, this one's for you. KEY TALKING POINTS:0:00 - Introduction0:19 - How Do You Grow After Having One Rental?2:18 - What Do You Look For In A Potential BRRRR Deal?4:48 - What’s The Difference Between A Wholesale Deal And A Rental Deal?6:10 - Is David Looking For Deals And How Do You Handle The Workload?8:51 - Outro LINKS: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/
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Mar 7, 2025 • 20min

308: How David Went from Investor to Founder (And What He Learned)

David didn’t set out to build a real estate software company—he just needed a tool to help him find more deals. That tool turned into DealMachine. In this episode, he sits down with Dustin Heiner to share his journey from real estate investor to tech founder, the lessons he learned along the way, and the surprising ways his mindset had to shift to make it all work. KEY TALKING POINTS:0:00 - Being Around People Who Are Ahead Of You3:31 - When David Started Investing In Real Estate7:13 - How Does DealMachine Help Investors?10:17 - DealMachine Hacks12:45 - Dustin On Getting Deals From His Network15:08 - Red Flags To Watch Out For16:28 - A Hack With Appraisals For The BRRRR Strategy20:02 - Outro LINKS:Instagram: Dustin Heinerhttps://www.instagram.com/thedustinheiner/ Website: Dustin Heinerhttps://masterpassiveincome.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/

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