The DealMachine Real Estate Investing Podcast

Abel buys properties from wholesalers in his area. Listen to how he flips houses so you can make money for finding him the perfect next flip. Abel shares his experience with flipping houses and how he made $40,000 on his first flip. He explains that he was drawn to flipping for the extra income it could provide. Abel and his partner, who is also his contractor, have since flipped 45 houses and have plans to grow their business. They have raised money from family members to invest in their flips and have copied the business model of a successful hedge fund. Abel can be found on Instagram at @soldbyabel. Key Talking Points of the Episode 00:00 Introduction01:23 Why did Abel decide to start flipping properties?02:46 How did Abel find his first real estate deal as an investor?05:14 How long did it take for Abel to flip that first deal?07:18 Why does Abel choose to go after volume?09:47 How does Abel and his partner work on their deals?11:17 What are Abel’s goals for his real estate business?14:05 Why did Abel choose to do flipping over wholesaling?15:38 How can you get in touch with Abel? Links Instagram: Abel Ramirezhttps://www.instagram.com/soldbyabel 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/ 

If you've ever wondered if some success stories sound too good to be true, this podcast is for you. When I built DealMachine eight years ago, I was building it as a marketing tool for my own investing. I had done three deals or so at the time that DealMachine started taking off from other people that wanted to use it. And I remember Krystal and Dedrick Polite, who now have their own house flipping TV show 50/50 Flip, said they made $500,000 in six months. And I was sitting there filming a recording of their testimonial and I almost didn't even believe it was true because it seemed like too successful. But NOW I KNOW they were successful because they had another business before. They were able to zoom past what hangs most beginners up when they are starting out. And I am going to show you how to get out of your own way and close your first deal a lot faster. Key Talking Points of the Episode 00:00 Introduction03:03 How much marketing does it take to get your first deal?05:35 What is an acceptable churn rate for a business like Deal Machine?08:21 What is the importance of perseverance in business?09:50 How important are systems in a real estate business?10:44 How do we hire people to drive for us?13:20 What marketing strategies do we use for Deal Machine?15:21 How do we manage rental showings through Show Mojo?19:07 What does the future look like for Deal Machine?20:25 How do we screen tenants for our rental properties? 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/

Join as we dive into the ups and downs of real estate investing, from wholesaling to flipping and everything in between. In this 15 minute recap, Jiries Dawaher breaks down what works, what doesn’t, and how to make smarter moves for long-term success. "Jiries Dawaher came from a large immigrant family whose work ethics were paramount in his upbringing. After several attempts at various careers, one finally struck a chord—real estate. A serious setback in his life almost kept him from taking the next step. But he took a risk and jumped all in on real estate. The journey was tough, but he persevered and now shares the keys to his multi-million-dollar success with people all over America." KEY TALKING POINTS OF THE EPISODE0:00 - Introduction0:44 - Clarifying Less Common Real Estate Terms2:45 - How to Force Appreciation With A Deal5:08 - The Magic Formula For Calculating Max Offer Price7:25 - Different Exit Strategies for Your Deals12:10 - The Importance of Staying Focused15:18 - Outro LINKSInstagram: Jiries Dawaherhttps://www.instagram.com/jiriesd/ Website: BRRRR Invest Academyhttps://www.brrrrinvestacademy.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/ 

If your goal is to own so much real estate that you get passive income and you can hire a manager to totally not think about it and retire on a beach, this episode is for you because it starts with wholesaling. Before you can buy that rental properties and put 25 % down on each property, you need to earn more money and you need to find skills to figure out which properties are going to cash flow and be good deals. So in this episode, I get interviewed by Jimmy Rex. He's asking me about my rental portfolio, which brings me $33 ,000 a month in top line revenue and $12,000 a month net. And so I'm going to talk about how I created a marketing tool that many of you wholesalers are using to find great deals and a tool that I use myself still to buy seven properties this year in 2024 alone, one that I made $125 ,000 on alone. So I hope you enjoy this episode and view it through a lens that will appreciate why you're wholesaling right now and what you can get to even if you're just starting out. Key Talking Points of the Episode 00:00 Introduction02:04 What is the story behind the beginning of Deal Machine?07:30 What makes Deal Machine stand out from its competition?08:51 How is AI impacting real estate investors today?10:05 What does the future look like for real estate?12:20 What are the current market trends we’re seeing in Deal Machine?14:01 How can new investors use Deal Machine to start wholesaling?15:50 What criteria helps us choose a market to look for deals in?21:25 What should new real estate investors be focused on?23:56 How should you start a conversation with a FSBO lead?27:24 What is it like to know that Deal Machine helps change lives?29:03 What does the future look like for Deal Machine?30:54 How did we build the Deal Machine culture?33:20 What is the importance of transparency in the success of a company?37:13 What are the top markets to invest in today?38:57 What is the biggest mistake people make in real estate investing? 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/  

Luis worked in a restaurant. Now he made last year what would have taken him 10 years to make working in a restaurant. He is sharing how covid forced him to change his profession and his mindset. Key Talking Points of the Episode 00:00 Introduction02:35 What got Luis into wholesaling real estate?04:29 What was Luis’ first wholesale deal like?06:11 What lessons have helped Luis grow his profit margins?08:21 How is Luis’ team structured today?09:43 How has real estate investing changed Luis’ life?11:26 What does a typical day for Luis look like today?12:41 How does Luis make offers on properties?15:49 How did Luis find the buyer for his first wholesale deal?16:56 Why is it important to have an experienced lawyer by your side as you do your deals? 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/    

In life, there's always someone "ahead of you." Dawson is that person for a lot of us... but one thing I've learned is instead of making up excuses in our mind like "he must have had help, or his parents must have been rich, he has more time than me, that's why he's ahead of me.." None of those, I believe are accurate for Dawson! We should re-frame our mind to think "what can I learn from this person" And that is how we can gain the knowledge to become the person we want to be. Key Talking Points of the Episode 00:00 Introduction00:45 What was Dawson’s first wholesale deal like?01:50 What motivated Dawson to get into real estate while he’s in college?03:47 What marketing strategies does Dawson use for wholesaling?05:03 How does Dawson market to foreclosure leads?06:16 How many deals would typically come out of a $3K marketing budget?07:01 What are the advantages of doing business in your local market?09:27 How long did it take for Dawson to lock up his first wholesale deal?11:22 What do people need to understand about cold calling for real estate?13:41 What are Dawson’s goals for his real estate business?15:04 What kind of investors would Dawson work with to optimize their marketing?16:15 How can you get in touch with Dawson? Links Website: Sioux Empire Home Buyershttps://www.siouxempirehomebuyers.com/ Instagram: Dawson Skorczewskihttps://www.instagram.com/dawson_skor/ 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/

Steve Trang reveals the cold calling mistakes that are draining your profits and what you can do to fix them. Learn how to handle objections, avoid sales resistance, and start turning every cold call into real cash. This episode is packed with practical tips to help you close more deals and make more money.Steve Trang, founder of Real Estate Disruptors, hosts a podcast with over 100,000 downloads per month. He aims to create 100 millionaires, living by the Zig Ziglar quote: "You can have everything in life you want, if you will just help enough other people get what they want." As a Sales Coach, he has helped clients generate millions while also building his own real estate portfolio and co-founding a bank. KEY TALKING POINTS:0:00 - Introduction0:50 - The Concept of Sales Resistance2:52 - The First Thing Not to Say3:46 - The Second Thing Not to Say5:21 - The Third Thing Not to Say6:44 - The Fourth Thing Not to Say9:10 - What You Should Say Instead12:30 - The 30 Second Commercial14:16 - Closing Thoughts LINKSInstagram: Steve Tranghttps://www.instagram.com/steve.trang Steve's Website:https://www.stevetrang.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/

This is for anyone who LOVES their job, but wants to earn more, like pro race car driver Paul Jourdain who gets paid to race cars, and he loves it! He reached out to me on Instagram to ask some real estate questions... because he knows real estate investing is a profession that has made the most millionairs. Paul gives us a background on being one of the few to make money as a race car driver, and then asks our CEO David Lecko how to flip a house. David has bought 7 properties in 2024 alone and made as much as $125k on a single deal. His portfolio of rentals brings in $33k top line and $12k net per month. Key Talking Points of the Episode 00:00 Introduction04:50 How did Paul start his racing career?07:02 What is semi-truck racing?10:35 How does Paul manage racing in different events?12:02 How does sponsoring a race team help with marketing?14:07 What is the difference between racing and real estate investing?16:31 How does sponsorship work in the racing world?18:31 What got Paul more interested in real estate investing?20:03 What different strategies can you use as a real estate investor?22:03 Why is buying and holding real estate a great way to build wealth?23:45 How do foreclosure auctions work?25:00 Why are foreclosure properties not very ideal for newer investors?26:56 What is the best way to ensure cash flow with rental properties?29:01 How does location play into the cash flow possibility of a rental property?30:00 How do we decide which strategy to use for a property?32:10 What is Paul planning to do to move forward in real estate? 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/

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/

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/