The DealMachine Real Estate Investing Podcast

If you are looking to get your first real estate deal, we cover the top 5 ways to get great deals off market in 2024. Key Talking Points: (0:00) Introduction: David Leko's appearance on the Great Chicago Investor podcast.(0:42) Switching to Deal Machine: Host shares his experience.(2:04) David's Racing Career: How racing helped manage stress.(5:34) Genesis of Deal Machine: Origin story of the app.(8:07) Deal Machine's Evolution: From personal tool to comprehensive app.(9:52) Top 25 Seller Lists: Focus on motivated seller lists.(12:01) Driving for Dollars: Effective method for finding deals.(15:20) Using County Websites: Accessing free property lists.(18:44) Code Violations: Identifying potential deals.(21:11) Eviction Lists: Finding motivated sellers.(22:54) Utility Issues: Water shutoffs and utility liens.(24:11) Vacant Homes: Using postal data and expired listings.(26:10) Advanced Filters: Utilizing Deal Machine's features.(28:04) Paid Lists: Exploring paid options for property data.(34:12) Investing Strategies: Maintaining focus and pacing growth. Links and Resources Mentioned:Deal Machine App: dealmachine.comDeal Machine Unveiled Event: dealmachine.com/unveiledNick Gray's Book: The Two-Hour Cocktail Party by Nick Gray - A guide on hosting successful social gatherings. David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

Lance made $96k in his first month wholesaling 4 real estate deals in 2016 and now he talks about why he still loves single family homes over multi family. Key Talking Points: 00:00: Introduction to the podcast and guest's success in wholesaling.00:20: Discussion on starting with a large volume of direct mail and host introductions.01:06: Introduction of Lance Wakefield and his entry into wholesaling.01:19: Lance discusses his initial strategy and details of his first four deals.01:48: Explanation of the deals and Lance's decision to wholesale.04:01: Transition from viewing wholesalers negatively to engaging in wholesaling.05:02: Evolution of Lance's business and approach to wholesaling, seller financing, and holding properties.06:25: Discussion on contracts used in wholesaling and benefits of tailored contracts.08:20: Benefits of custom contracts and built-in 15-day extension.10:31: Promotion for Deal Machine Unveiled event and the URL.12:20: Lance's current business operations and comparison between rentals and seller financing.14:02: Explanation of the difference between wholesaling and novation.16:49: Breakdown of overhead expenses and business structure.18:37: Strategy for focusing on bigger opportunities, including package deals and refinancing.20:21: Reasons for targeting smaller multifamily units and packages of single-family homes.22:10: Closing remarks and where to find Lance Wakefield on social media. Links and Resources Mentioned: Deal Machine Unveiled Event: dealmachine.com/unveiledInstagram: https://www.instagram.com/lancewakefield_/Facebook: https://www.facebook.com/lance.wakefield.9TikTok: https://www.tiktok.com/@lancewakefield_Podcast: https://podcasts.apple.com/us/podcast/pursuit-of-prosperity/id1498765055

Michael turned $100 into $1000 with his first land flip, and after 30 years in the house flipping business, only flips land now to keep his profit high and his life simple. Learn the basics of flipping land and how it compares to flipping (wholesaling) houses. Key Talking Points of the Episode 00:00 Introduction00:44 How did Michael find his first land wholesale deal?02:05 How did Michael find the seller of the property?03:04 Why did Michael switch to doing land from appraising and flipping houses?04:26 What was Michael’s second land deal like?05:19 What kind of land deals is Michael doing today?07:26 Why is it important to prioritize your buyers before your deals?08:49 How does Michael find buyers for his land deals?10:49 What is it like to work with Habitat for Humanity on land deals?11:54 What marketing channels does Michael use to market to land sellers?12:38 What are the benefits of building niche lists to market to?13:15 How is Michael’s business structured today?14:04 How does the Unlimited Information feature on Deal Machine help wholesalers?15:39 Where can you join Michael to learn more about land flipping?17:07 What is Michael’s advice for investors who are looking for their first deal? Links Website: Deal Machine Unveiledhttps://www.dealmachine.com/unveiled Facebook Group: Land Flipping 4 Real Estate Professionalshttps://www.facebook.com/groups/landflipping4realestateprofessionals  David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

This one's for anyone who's looking for their first real estate deal and is using phone number contact information as your primary way of getting in touch with property owners. I've actually included a talk that I gave to the nation's largest house flippers. You have to be doing over a hundred flips per year to be in this group. I recorded the live so that you could see how we help them increase the conversations they're having by 50%, which can help you get your first deal even faster. Key Talking Points of the Episode 00:00 Introduction01:03 Who is the Deal Machine app for?02:17 What is skip tracing like for real estate investors?03:35 How does Deal Machine help make skip tracing easier for its users?05:18 Why do most data providers fail to generate accurate information?07:08 How does Unlimited Contact Info on Deal Machine close the gap in skip tracing?08:04 How does the Unlimited Contact Info feature on Deal Machine work?10:53 How can you access the Unlimited Contact Info feature on the Deal Machine app?12:56 How has Unlimited Contact Info helped us with an on-market deal?15:23 What would it cost to access Unlimited Contact Info on the Deal Machine app? Links Event: Deal Machine Unveiledhttps://www.dealmachine.com/unveiled David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

The DealMachine App CEO Is Interviewed About The Future of Real Estate Technology. Attend our July 1 Free Live Event To Be Among The First To See The Latest Innovations In The Real Estate Industry DealMachine.com/unveiled Key Talking Points of the Episode 00:00 Introduction01:53 What is the story behind Deal Machine?03:20 What sacrifices did I have to make for Deal Machine?05:30 What was the turning point that brought me to real estate?09:02 How did I get started in finding real estate deals?10:02 What led me to getting the Deal Machine app on the market?12:30 How much has the Deal Machine app grown through the years?15:14 How does the Deal Machine app make finding deals easier?17:20 What influences the innovation of the Deal Machine app?18:20 What does API mean?21:00 What does the competition look like for Deal Machine?23:21 Where did my drive to pursue real estate come from?24:41 What does the future look like for Deal Machine?27:38 What can you learn from the Deal Machine podcast? Links Website: Deal Machine Unveiledhttps://www.dealmachine.com/unveiled David's Social: @dlecko https://www.dealmachine.com/pod Ryan's Social: @heritage_home_investments https://www.heritagehomeinvestments.com/

In today's episode we are going to walk you through the simple steps to getting your first wholesale deal and do it quickly. Your host is Ryan Haywood and back in 2019 he left his 9 to 5 job and pursued full -time wholesale and in two weeks I secured his very first deal earning $8,500. His second deal was $20,000 Ryan has gone on to do 425 transactions since then in the last 5 years and has never looked back. Key Talking Points of the Episode 00:00 Introduction01:00 What do you need to do to start wholesaling?04:01 What will your first deal make you realize?05:41 What are the top fears of people when getting into wholesaling?07:17 How can having a coach help you get over your fears?09:16 What can you learn from joining a mastermind?10:05 What kind of support can you get from Deal Flow Academy? Links Coaching Program: Deal Flow Academyhttps://www.skool.com/deal-mentor-academy-4559/about David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

In today's episode, we are going to walk you through seven reasons why people want to sell their homes at a huge discount. There's many different things that we can uncover in terms of why people are motivated to sell and what you need to look for as a wholesaler to secure that deal. Key Talking Points of the Episode 00:00 Introduction01:29 What are the requirements to start wholesaling real estate?02:10 Medical conditions, death, and distress04:51 Family stress06:27 Tax delinquency08:47 Distressed or retired landlords11:56 What are the benefits of driving for dollars? David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

Are you a recent college grad feeling the stress of job hunting? In this episode, we dive into the inspiring story of Cameron, a 22-year-old navigating the post-college job market with a fresh approach: real estate wholesaling. Join us as we share valuable insights on how wholesaling can not only provide a lucrative income but also offer a flexible career path without the constraints of a traditional 9-to-5 job. Tune in to discover the strategies Cameron used to jumpstart his wholesaling journey and learn how you can apply these methods to secure your own financial future. Key Talking Points00:00 - Introduction: Discussing the stress of job hunting post-college and the potential of wholesaling as a solution.00:20 - What is Wholesaling?: Explaining the concept of earning finder's fees through real estate wholesaling.00:54 - David’s Story: David shares how he created Deal Machine to help people close their first real estate deals.01:17 - Ryan’s Journey: Ryan’s transition from a 9-to-5 job to full-time wholesaling, making $8,500 in his first 14 days.02:23 - Cameron’s Story: A detailed look at Cameron's situation and his steps to start wholesaling.03:35 - Effective Marketing Strategies: The importance of sufficient marketing, including sending 500 postcards.04:57 - Direct Mail Tips: Crafting effective postcards with personal touches to increase response rates.07:22 - Subscription Reminder: Encouraging listeners to subscribe for more tips on achieving financial freedom.08:07 - Cameron’s Results: Initial responses to Cameron’s marketing efforts and dealing with setbacks.10:16 - Long-term Benefits of Real Estate: Discussing the financial growth potential through holding rental properties. David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/

In this episode of the Deal Machine Real Estate Investing Podcast, co-hosts Ryan Haywood and David Lecko break down an incoming call from one of Ryan’s postcards. This in-depth analysis is perfect for anyone who sends out postcards and waits for responses. Ryan and David share their personal experiences in wholesaling, explaining the process and the value it brings to both sellers and investors. Listeners will gain valuable insights into handling calls, setting appointments, and maintaining control of conversations to secure deals. Timeline Summary:[0:00] Introduction: Ryan and David introduce the episode and its purpose.[0:20] Ryan’s Background: Ryan shares his journey from leaving a 9-to-5 to completing over 400 transactions.[1:01] Wholesaling Explained: David provides an overview of wholesaling and its benefits.[2:22] Call Analysis Begins: The team starts analyzing the call from Ryan’s postcard.[4:23] Setting Expectations: Discussion on the importance of setting expectations with potential sellers.[7:14] Qualifying Leads: The process of qualifying whether the caller is a legitimate lead.[10:06] Scheduling Appointments: Tips on taking control of the conversation and scheduling appointments effectively.[12:34] Explaining the Process: Explaining the entire process to the seller to maintain transparency and trust.[13:32] Closing Thoughts: Reflecting on the call’s outcome and Ryan’s thoughts on improving the process.[14:41] Clint’s Role: Discussion on Clint’s background and his journey into real estate investing. Links & Resources:Follow David on Instagram: @DavidLekoFollow Ryan on Instagram: @HeritageHomeInvestments Closing Remarks:We hope you enjoyed this detailed call analysis and found it helpful for your real estate investing journey. Don't forget to subscribe to the podcast, leave a rating and review, and share your favorite parts with us. Follow us on Instagram for more updates and tips. Thanks for listening!

In this episode, we have the pleasure of interviewing Gary Brackett, former NFL player turned real estate wholesaler. Gary shares his journey from playing in the Super Bowl to earning $10,000 on his first wholesale deal, leveraging social media and his network to find and close deals. He discusses his transition into real estate, the strategies he uses to find motivated sellers, and his approach to solving problems for property owners. Key Takeaways: 00:00 - Introduction: Gary Brackett's background and transition from NFL to real estate wholesaling.02:40 - First Wholesale Deal: Gary's first deal, earning $10,000 by finding a distressed seller and connecting with a cash buyer.05:00 - Discovering Wholesale: Transitioning from business coaching to real estate investing and the challenges of understanding the wholesale process.07:30 - Leveraging Social Media: Using social media to find buyers and build a network of investors.10:15 - Key Motivated Seller Leads: The importance of targeting vacant properties, high equity, and absentee owners.12:30 - Customized Direct Mail: Tailoring direct mail pieces to different types of motivated sellers to increase response rates.15:00 - Business Coaching Insights: Gary’s approach to business coaching and the importance of core values and vision in business success.18:45 - Problem-Solving Mindset: The value of solving problems for customers and how it drives business growth.21:10 - Sports and Real Estate: Lessons from NFL applied to real estate, such as resilience and focusing on the process.24:20 - Building a Buyer’s List: Developing a CRM to manage buyer information and preferences, and using it to close deals efficiently. Resources and Links: Deal Machine: https://www.dealmachine.com/Rich Dad Poor Dad by Robert Kiyosaki: https://www.richdad.com/Gary Brackett’s Coaching and Speaking Website: https://garybrackett.com/ Make sure to subscribe to our podcast and leave a rating and review to let us know your favorite parts and why you want to achieve financial freedom. Follow us on social media for more updates and insights into real estate investing.