The DealMachine Real Estate Investing Podcast

Real estate agents and real estate wholesalers do not always see eye to eye, but it is possible to actually work well together. Today we speak with our co-host and wholesaler, Ryan Haywood, along with his real estate agent, Chuck Davis, to find out how they are able to better serve clients by working together. Key Talking Points of the Episode00:00 Introduction01:11 How can wholesalers and realtors work well together?03:41 How could realtors benefit from working with wholesalers?05:17 What should realtors know about working with wholesalers?07:37 How can realtors help wholesalers find good off-market deals?10:29 How did Chuck and Ryan start working together?12:49 What are the benefits of working with realtors?16:16 Why does it make sense for realtors to work with wholesalers today?18:16 When should wholesalers start working with realtors?20:42 How can you get in touch with Chuck?LinksFacebook: Chuck Davishttps://www.facebook.com/chuckdavisrealestate 

You're here because you want to break the shackles of your nine to five and start a business that gives you more time freedom in your life. The proven business model we're covering on this podcast is wholesaling real estate, which is a strategy where you find a rundown house, you pass it to an investor to make $10,000 like our guest Andrew did exactly a year ago. And he's now done about eight deals so far. And he's finding out that wholesaling is a great strategy, but there's something new he learned that he's actually doing even more of called Novations. So he's gonna talk about what this real estate tool is and how you can use this in your tool belt as a real estate wholesaler so that you can help more people and make more money. My name's David Lecko. This is the podcast for 10Xing your income and replacing your W-2 through wholesaling real estate. I created a process called Deal Machine that's helped people close 10,000 deals on all 50 states in the last seven years. Key Talking Points of the Episode 00:00 Introduction01:15 How did Andrew find his first wholesale deal?02:00 Why did Andrew decide to build a buyers list first?03:23 How did Andrew meet with cash buyers he added to his list?04:20 What was the first list that Andrew marketed to?05:34 What is Andrew’s background?06:32 What was it like when Andrew first started wholesaling?07:46 How many deals has Andrew done since he started wholesaling?08:42 What was the biggest surprise Andrew had in wholesaling?10:40 How is a novation different from wholesaling?12:30 When would a novation work best for a deal?14:10 Why should you do 3 novations every 1 wholesale deal?15:05 Why would novations work better than listing with a realtor?16:07 What is Andrew looking forward to?17:28 How has Deal Machine helped Andrew in his real estate business?    

In this conversation, David Lecko and Zach Booth discuss the driving for dollars strategy in real estate wholesaling. They cover the four categories of properties to look for: rundown properties, absentee owner properties, owner-occupied properties, and corporate-owned properties. They emphasize the importance of adding any properties with signs of distress to your marketing list, regardless of ownership type. They also discuss the effectiveness of different marketing strategies for each category and the importance of prioritizing your time and resources. Overall, the driving for dollars strategy can be highly profitable and allows for scalability and freedom. Key Talking Points of the Episode 00:00 Introduction01:15 What are the 4 kinds of properties to look for when driving for dollars?03:05 Why is it worth marketing to owner-occupied properties?04:49 What is the best way to market to corporate-owned properties?07:07 How can you find contact information for corporate-owned properties?10:45 Why is it important to still drive for dollars in person?12:30 What are the best ways to make the most of your driving for dollars list?13:40 How can you make driving for dollars more convenient with Deal Machine?15:08 What are the most important kind of properties to market to?17:01 Why are owner occupied properties more profitable than the rest?18:36 How can the Driving for Dollars Mastery podcast help you get started? Links Podcast: Driving for Dollars Masteryhttps://podcasts.apple.com/in/podcast/driving-for-dollars-mastery/id1570543403

Dillano shares the story of a recent real estate deal where he made a $90,000 assignment fee in just six days. The deal came from a past relationship and involved a property that was about to be foreclosed on. Dillano negotiated with the seller and offered assistance in finding a new place to live. He also implemented a seller holdback, where the seller would receive half of the net proceeds upfront and the rest after moving out. Dillano celebrated the success by paying off debt and reinvesting the money into marketing for more deals. Key Talking Points of the Episode 00:00 Introduction01:01 How did Dillano find his most recent wholesale deal?03:40 What strategy did Dillano use to get the deal under contract?06:10 What is the best way to approach sellers?08:22 Why is it important to offer help beyond the transaction?09:53 What is a seller hold-back?11:40 What were the numbers on this deal?13:40 Why is it important to celebrate your wins as a wholesaler?15:02 What is the best way to manage your profits?18:24 What is next for Dillano?20:00 How can you get in touch with Dillano?21:45 What is the value of doing JV deals with other investors? Links Instagram: Dillano Medinahttps://www.instagram.com/realestatelano/ Podcast: 094: 3 Cold Calling Tips Learned from 60 Wholesale Real Estate Deals Dillano Medinahttps://podcasts.apple.com/us/podcast/094-3-cold-calling-tips-learned-from-60-wholesale-real/id1667656532?i=1000640636366   

Yash Sampat shares his experience in wholesaling real estate, including his strategies for finding deals and buyers. He discusses how he uses text blasting and cold calling to generate leads, with an average conversion rate of 1%. Yash also explains his process for evaluating properties and making offers, which includes using software like PropStream and Deal Machine. He emphasizes the importance of communication with sellers and adjusting pricing when necessary. Yash plans to transition full-time into wholesaling and sees it as a lower-stress alternative to his agency business. Key Talking Points of the Episode 00:00 Introduction01:01 How did Yash find his first 3 wholesale deals?02:15 How many text messages did Yash need to send to get leads?03:01 How much does Yash make in assignment fees?04:16 What does Yash’s process look like after speaking to a seller?05:03 What formula does Yash use to make an offer on a property?06:52 How does Yash handle seller conversations?10:02 How does Yash present his offer a seller?11:07 How much time does it take for Yash to close on his deals?12:48 Where does Yash find buyers for his wholesale deals?14:27 How did Yash learn about wholesaling?16:24 What does Yash’s agency do?17:48 What does the future look like for Yash?20:57 What is Yash’s advice for people getting into wholesaling today?  

Diego Cavazos shares his journey in real estate investing, starting with his first deal and the challenges he faced. He discusses his marketing strategies, including cold calling, PPC, and ringless voicemails. Diego also talks about his goals for the future and his plans to build a successful business. He shares insights into finding buyers and the process of pitching deals to them. Key Talking Points of the Episode 00:00 Introduction01:01 How did Diego find his first wholesale deal?02:01 What is Diego doing full-time?03:11 How many deals has Diego done since the first one?04:05 What marketing channels does Diego use to find deals?05:02 How do PPC ads and ringless voicemails work?06:05 What kind of lists does Diego market to?07:09 How many ringless voicemails does it take to get leads?08:44 What is Diego doing with his profits from wholesaling?09:37 What are Diego’s goals?11:03 How is Diego’s team structured?12:02 How did Diego find his first buyer?13:33 How does Diego pitch deals to his buyers?15:00 How quickly does Diego sell his deals to his buyers?16:00 What does the future look like for Diego?17:07 What is Diego’s advice for new wholesalers?

David breaks down the top 5 ways to find undervalued real estate in 2024. Key Talking Points of the Episode 00:00 Introduction00:50 Driving for dollars01:48 Tax delinquent properties02:39 Liens03:17 Code violations03:45 Pre-foreclosures04:38 Probate05:16 Deal Machine FREE trial Links Website: Deal Machinehttps://www.dealmachine.com

Curious which is the best self-employed option for you in real estate? Our guest Tony Roberts breaks down the pros and cons of his work as a real estate agent and also a wholesaler. This is the podcast for 10xing your income and replacing your w2 with the power of real estate investing! Key Talking Points of the Episode 00:00 Introduction00:49 How much did Tony make on his first wholesale deal?01:35 What is Tony’s background?03:31 When did Tony realize that wholesaling is a real business?04:23 Why did Tony decide to try wholesaling real estate?05:27 How did Tony find his first JV partner?06:39 How did Tony approach investors when he first started?09:28 What challenges did Tony have with his first wholesale deal?10:37 How does Tony handle seller conversations?12:21 How can we start changing the stereotype of wholesaling?13:52 How did Tony figure out the value of the property?15:27 Where did Tony learn to calculate the ARV of a property?19:15 How was Tony’s first JV deal structured?20:42 How did Tony move forward after starting with JV deals?23:50 What is Tony’s advice for everyone listening?25:28 How can you connect with Tony? Links Document: JV Agreementhttps://www.dealmachine.com/jv Instagram: Backstreet Property Investmenthttps://www.instagram.com/backstreetpropertyinvestments/ Youtube: Backstreet Property Investmenthttps://www.instagram.com/backstreetpropertyinvestments 

In this conversation, David Lecko discusses the concept of driving for dollars in real estate investing. He explains that driving for dollars involves finding rundown properties and reaching out to the owners to offer them a deal. He introduces the concept of virtual driving for dollars, which allows investors to scout for properties online using Google Street View. David highlights the benefits of virtual driving, such as cost savings, efficiency, and a broader reach. He also emphasizes the importance of taking action and building a niche list of properties. Takeaways • Driving for dollars involves finding rundown properties and reaching out to the owners to offer them a deal.• Virtual driving for dollars allows investors to scout for properties online using Google Street View.• Virtual driving offers benefits such as cost savings, efficiency, and a broader reach.• Taking action and building a niche list of properties is crucial for success in real estate investing. Key Talking Points of the Episode 00:00 Introduction01:15 What should you know about finding off-market deals?02:33 Why is driving for dollars the best way to find off-market deals?04:23 What is virtual driving for dollars?05:31 How can you identify the best market to virtually drive for dollars in?06:45 How can you virtually drive for dollars in Deal Machine?08:39 What should you be looking for when virtually driving for dollars?09:45 How many properties should you be adding to your list?10:42 What are the tags in the Deal Machine app for?11:13 How is traditional driving for dollars different from doing it virtually?12:49 Why should you virtually drive for dollars?14:00 What is the best way to find deals right away? Links Instagram: David Leckohttps://www.instagram.com/dlecko 

Brian shares his framework called Clarity, Volume, and Consistency (CVC) for success in wholesaling and real estate investing. The framework starts with clarity, which involves knowing your end goal and creating a business plan. The next step is volume, where you take massive action and do the necessary volume of activities to achieve your goals. Finally, consistency is key, as it takes time and consistent effort to see results. Brian emphasizes the importance of environment and surrounding yourself with successful people. He also provides advice on networking and building relationships with experienced investors. Keywords wholesaling, real estate investing, framework, clarity, volume, consistency, success, business plan, massive action, environment, networking Takeaways • The CVC framework (Clarity, Volume, and Consistency) can help wholesalers and real estate investors achieve success.• Clarity involves knowing your end goal and creating a business plan.• Volume requires taking massive action and doing the necessary volume of activities to achieve your goals.• Consistency is key, as it takes time and consistent effort to see results.• Surrounding yourself with successful people and building relationships with experienced investors can greatly impact your success. Key Talking Points of the Episode 00:00 Introduction01:20 How does Brian’s framework help wholesalers?02:33 What is Brian’s background?03:54 How did Brian come up with this framework for success?05:11 What is the importance of clarity to your success?08:37 What is the best way to connect with people you want to learn from?14:05 How can you identify the volume of action that will give you success?18:41 Why is consistency the most difficult part of the framework?22:51 How can you use your corporate background to succeed in real estate?23:46 What will you learn from Brian’s book and podcast?25:13 How can being around the right people set you up for success?26:25 What are the 3-5 steps that can help you close a wholesale deal? Links Book: From Passive to Passionatehttps://www.amazon.com/Passive-Passionate-Wealth-Passions-Profits/dp/B0CLPKKDXJ Podcast: The Action Academyhttps://podcasts.apple.com/us/podcast/the-action-academy-millionaire-mentorship-for-your/id1588326291