The DealMachine Real Estate Investing Podcast

David Lecko, Ryan Haywood
undefined
Nov 26, 2024 • 15min

250: Why This Investor Says NEVER Make An Offer First (And Other Negotiation Hacks)

In this 15 minute highlight, Brad Smotherman shares why his team never makes the first offer and breaks down the psychological and strategic advantages of letting sellers name their price. Learn the five key numbers every investor must know before making a decision, the critical questions to ask during a triage call, and how to master the perfect presentation for closing deals. KEY TALKING POINTS:0:00 - Three Reasons Why Brad’s Team NEVER Gives An Offer Price1:55 - The Five Numbers You Need To Know If You Should Buy A House2:33 - The “Triage Call”: First Questions To Ask The Seller7:51 - The Sales Psychology Behind The Final Question10:57 - The “Perfect Presentation” & Conducting The Appointment15:03 - Outro LINKS:Instagram: Brad Smothermanhttps://www.instagram.com/investorcreator/ Website: Brad Smothermanhttps://learn.investorcreator.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/
undefined
Nov 25, 2024 • 29min

249: Why Going Solo Could Be Slowing You Down

In this episode, Paola Gramajo shares her inspiring journey from delivering Uber Eats to making life-changing real estate deals. She reveals the struggles she faced as a new wholesaler, the turning point of partnering with an experienced mentor, and her tips for mastering cold calling, comping, and connecting with motivated sellers. KEY TALKING POINTS:0:00 - Introduction2:25 - How Paola Got Started In Real Estate4:32 - Why She Wanted To Give Up6:07 - The Advice She Was Getting From Watching Brent Daniels7:25 - Working With Alec Hawthorne9:07 - What Paola Struggled With The Most10:02 - What She Was Doing Before Wholesaling12:29 - The Top Three Things She Learned In Her First Three Months13:44 - Paola’s Tips On Comping Properties15:17 - How She Decides What To Flip Or Wholesale18:27 - Working With New Wholesalers21:01 - The Average Person That Buys Deals From Her Team22:25 - Paola’s Approach To Networking23:49 - Paola’s Favorite Thing About Wholesaling24:38 - Why Do People Choose To Sell To Wholesalers26:33 - A Bonus Tip28:00 - Ryan’s Takeaways From This Episode28:48 - Outro LINKS:Instagram: Paola Gramajohttps://www.instagram.com/paogc1/ Website: KeyGlee ATXhttps://www.casa4cash.com/ Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/ Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod
undefined
Nov 22, 2024 • 15min

248: 3 Seller Objections That Could Kill Your Deal (And How to Solve Them)

David Lecko and Ryan Haywood dive into three most common objections real estate investors face when talking to distressed property owners. From sellers claiming they have better offers to needing more time or demanding unrealistic prices, they share practical strategies to overcome these hurdles and build trust with sellers. Whether you're a seasoned investor or just starting out, this episode equips you with the tools to handle objections confidently and close more deals. KEY TALKING POINTS:0:00 - Introduction2:22 - Objection 1: “I Have Other Offers”3:40 - Overcoming Nervousness When Talking With Sellers4:42 - How To Respond To Objection 18:37 - Objection 2: I Need To Talk To My Spouse11:11 - Objection 3: I’ll Only Sell At The Right Price13:47 - Closing Thoughts14:18 - 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: Ryan's Mentorshiphttps://www.skool.com/deal-flow-academy/about
undefined
Nov 20, 2024 • 14min

247: 4 Reasons People Avoid Real Estate (And Why They’re Wrong)

What’s stopping you from succeeding in real estate? In this episode, David and Ryan break down four common excuses holding people back from taking the leap into real estate investing. From fears about market volatility to misconceptions about managing properties, they address each concern with practical advice and real-world experience. Don’t let these excuses stand in your way—tune in now! KEY TALKING POINTS:0:00 - Introduction2:24 - A Misconception About Real Estate Ryan Recently Heard3:35 - Good Debt vs Bad Debt5:12 - Ryan & David’s Perspective On Buying A Vacation Home7:15 - Considering Market Volatility & Risk11:01 - Is It Hard To Find Tenants?12:42 - Another Common Misconception About Rental Properties13:59 - Outro LINKS:Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Ryan's Mentorshiphttps://www.skool.com/deal-flow-academy/about Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod
undefined
Nov 19, 2024 • 16min

246: 6 Crucial Steps to Accurately Calculate After Repair Value

Learn the six essential criteria for accurately determining ARV (After Repair Value) in this 15-minute highlight with Jake Leicht. Discover how to analyze comps effectively by focusing on recent sales, neighborhood boundaries, square footage, property characteristics, and more. Whether you're new to real estate or refining your skills, this episode will help you evaluate deals with confidence and precision. KEY TALKING POINTS:0:00 - The 6 ARV Criteria You Need To Look At1:18 - Comp Criteria 1: Recently Completed Sales3:41 - Comp Criteria 2: Within The Same Neighborhood6:01 - Comp Criteria 3: Similar Square Footage7:38 - Comp Criteria 4: Similar Characteristics10:45 - Comp Criteria 5: Similar Age13:23 - Comp Criteria 6: Reasonable Selling Time15:33 - Outro LINKS:Instagram: Jake Leichthttps://www.instagram.com/jakeleicht/ Website: Jake Leichthttps://www.theflipsecrets.com/exclusive 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/
undefined
Nov 18, 2024 • 17min

245: Staying Grounded, Defying Doubters, & Building A Legacy

After a recent event, an investor caught up with DealMachine’s David Lecko to dig into his story, asking questions about his path to success, the struggles he faced, and the lessons he’s learned. In this episode, David opens up about staying grounded, overcoming doubts, and building DealMachine from scratch. He shares the sacrifices he made in his early days, the importance of resilience, and what keeps him driven today. KEY TALKING POINTS:0:00 - DealMachine’s Massive Change To Skip Tracing2:33 - What Is David’s End Goal?4:40 - The Advice David Would Give His Younger Self8:13 - This Member’s Real Estate Journey9:40 - Facing Doubt From Your Family12:34 - The Sellers’ Motivation Behind His First Deal14:35 - His $17,000 Deal16:21 - 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/
undefined
Nov 15, 2024 • 23min

244: The House Fire That Tested And Fueled Their Investment Journey

Investing in real estate isn’t always smooth sailing—sometimes, it’s a fire you didn’t see coming. In this episode, Ryan Haywood sits down with investors Ryan Bevilacqua and Cory Jacobson, who share how a house fire turned from disaster to opportunity. Listen as they recount their journey from the early days of W-2 jobs to building a 70-door portfolio, including the unexpected moments that shaped their path. Find out how they handled a property fire, what it taught them about resilience in real estate, and the strategies they used to turn a major setback into lasting success. KEY TALKING POINTS:0:00 - What Ryan And Cory’s Business Looks Like1:57 - What They Were Doing For Their 9-53:31 - Working in Sales5:08 - Their First BRRRR Deal7:35 - What Their Business Model Looks Like Now9:08 - Some Of Their Best Deals11:08 - Their Property That Caught On Fire19:14 - Parting Advice For New Investors23:08 - Outro LINKS:Instagram: Ryan Bevilacqua & Cory Jacobsonhttps://www.instagram.com/wealthjuiceofficial/ Website: Ryan Bevilacqua & Cory Jacobsontiny.cc/wealthjuicecoaching Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/ Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod
undefined
Nov 13, 2024 • 4min

243: What EVERY Landlord Should Be Using

In this episode, Ryan shares his personal experience handling a tenant turnover that could have been costly but turned out to be a seamless process. He explains how using move-in and move-out inspection forms, along with setting clear expectations for tenants, saved him time, money, and hassle. Ryan’s tips will show you how to keep your properties in great shape, reduce turnover costs, and make tenant transitions as smooth as possible. Plus, learn how to get access to these practical resources for your own rentals. KEY TALKING POINTS:0:00 - Ryan’s Recent Eviction0:37 - The Eviction Process Ryan Follows2:25 - Getting Tenants Their Deposit Back4:13 - Outro LINKS:Get The Inspection Forms: https://www.dealmachine.com/deposit 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/
undefined
Nov 12, 2024 • 15min

242: Changing Wholesaling Laws? Here's A Solution

With new legislation tightening the rules on wholesaling, many investors are wondering how to keep their deals moving. In this episode, Cory Boatright introduces "Take Down Funding," a game-changing solution designed to help wholesalers legally "take down" properties even in heavily regulated markets. Cory walks us through how this funding option allows you to close deals without needing full cash upfront, empowering you to avoid legal roadblocks and keep your profits high. Tune in to learn how to adapt and thrive despite the shifting landscape in wholesaling. KEY TALKING POINTS:0:00 - The Idea Behind Take Down Funding3:15 - The Problem That Take Down Funding Solves4:56 - What Is Take Down Funding?6:30 - An Example Of How Take Down Funding Works12:05 - Additional Thoughts13:33 - Where They’re Investing Currently15:15 - Outro LINKS:Instagram: Cory Boatrighthttps://www.instagram.com/coryboatrightpage/ Website: Take Down Fundinghttps://www.takedownfunding.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/
undefined
Nov 11, 2024 • 13min

241: How To Make $100k In 9 Hours Over 7 Months

In this episode, David breaks down how he earned $100,000 with just nine hours of work over seven months using the BRRRR strategy and DealMachine’s tax delinquent list. Joined by Ryan, he shares the exact steps he took to find an undervalued property, manage the renovation, and secure a profitable refinance. Plus, they reveal a powerful appraisal strategy that ensures you get the most out of each deal. KEY TALKING POINTS:0:00 - How David Made $100k In 7 Months2:14 - The Most BRRRR Deals Ryan Has Closed On In 1 Month5:02 - The Secret Weapon To Getting Properties To Appraise Well6:43 - Other Hiccups Ryan Has Had With BRRRR Deals8:27 - Using Local Banks For Lending11:22 - Ryan’s Coaching Program12:48 - 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/

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app