The DealMachine Real Estate Investing Podcast

David Lecko, Ryan Haywood
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Aug 13, 2024 • 15min

190: If You Have Less Than $2k to Start Real Estate Investing

Ever 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/
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Aug 12, 2024 • 26min

189: 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/  
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Aug 9, 2024 • 17min

188: 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  
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Aug 7, 2024 • 22min

187: 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/  
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Aug 6, 2024 • 15min

186: 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/
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Aug 5, 2024 • 22min

185: 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 Enterprisesinfo@hmdhenterprises.com 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/  
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Aug 2, 2024 • 16min

184: 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/
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Jul 31, 2024 • 25min

183: 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/
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Jul 29, 2024 • 22min

182: 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/
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Jul 26, 2024 • 25min

181: 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/

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