The DealMachine Real Estate Investing Podcast

Are you somebody that KNOWS entrepreneurship is for them and want a proven business to go ""all in"" on? Our guest made $15,000 from a run down house and has built a lucrative business ""wholesaling real estate"" - a way to make a finders fee for finding a run down house. Tune in to hear how our guest ""Level Up Property Investment Group"" aka LUPI G, has completely changed his life in Houston, Texas Key Talking Points of the Episode 00:00 Introduction01:03 How did Lupi get in touch with the seller of his first wholesale deal?02:02 What were the numbers on Lupi’s first wholesale deal?03:00 How did Lupi find a buyer for his first wholesale deal?04:36 What was Lupi’s easiest deal like?05:44 How did Lupi find his easiest wholesale deal?06:43 How has wholesaling changed Lupi’s life?08:36 What was Lupi’s experience in changing his life with real estate?10:48 How can you connect with Lupi? Links Instagram: Lupi Ghttps://www.instagram.com/global_l.u.p.i._g/ David's Social: @dleckohttps://www.dealmachine.com/pod

Matthew Hintz shares how he made $30,000 on his first wholesale deal and how he started his business to help a friend. He explains the process of finding inherited properties at the courthouse and how they found buyers and closed the deal. Matthew also provides tips for effective cold calling and strategies to avoid spam filters and improve contact rates. He discusses the importance of driving for dollars and knocking on doors, as well as setting goals for the business. Finally, he talks about using DealMachine for granular mailing campaigns, and leveraging its features for unlimited contact info and routing. Takeaways • Wholesaling can be a lucrative business if done right, even for beginners.• Driving for dollars and knocking on doors can be an effective way to find distressed properties.• Building relationships with realtors can be beneficial for wholesalers.• Using tools like Deal Machine can streamline the wholesaling process and improve contact rates.• Setting specific goals and having a recovery mindset can lead to success in wholesaling. Key Talking Points of the Episode 00:00 Introduction01:02 How did Matthew make $30K on his first wholesale deal?03:41 Where did Matthew meet his first business partner?04:43 What was Matthew’s first lead source for wholesale deals?06:33 How did Matthew reach out to the probate leads they listed?07:46 What are the best ways to cold-call leads today?10:48 How should you register the phone numbers you use for cold calling?12:08 What is the best way to find success in driving for dollars?16:57 What did Matthew do after closing his first wholesale deal?19:09 How has Matthew’s driving-for-dollars process changed since his first deal?20:33 What are Matthew’s goals for 2024? Links Free Trial: Deal Machine Apphttps://www.dealmachine.com/pod David's Social: @dleckohttps://www.dealmachine.com/pod

This one's for anyone who wants to be a real estate investor, but doesn't have the money to buy unlimited rental properties or flips. Our guest, Anisa fell in love with wholesaling real estate, where instead of taking a property down as a rental, she could make $12,000 from it right away, move on to the next deal and build her cash reserves up. She started by reaching out to motivated sellers in Facebook groups and built relationships with real estate agents. Anisa explains the benefits of wholesaling, such as not having to purchase a property and avoiding market volatility. She discusses the challenges of negotiating deals and finding cash buyers. Anisa also shares her goals for scaling her business and her strategies for determining offer prices. She highlights the importance of using DealMachine for driving for dollars and direct mail campaigns. Takeaways • Wholesaling real estate involves reaching out to motivated sellers and building relationships with real estate agents.• The benefits of wholesaling include not having to purchase a property and avoiding market volatility.• Negotiating deals can be challenging, but it's important to be conservative with repair costs and provide tangible evidence to sellers.• Finding cash buyers involves using strategies like posting deals in Facebook groups and reaching out to investors who have purchased properties for cash. Key Talking Points of the Episode 00:00 Introduction00:48 How did Anisa get started in wholesaling real estate?02:18 How long did it take for Anisa to find a motivated seller?03:18 What made Anisa look into wholesaling real estate?04:40 Why is Anisa reluctant to buy properties?05:32 What motivated the seller of Anisa’s first wholesale deal?06:35 What challenges did Anisa face when she started looking for wholesale deals?07:30 What was it like for Anisa to do her first wholesale deal?08:20 How did Anisa make the offer for her first wholesale deal?10:00 How did Anisa find a buyer for her first wholesale deal?11:11 What marketing channels does Anisa use to market to buyers?12:47 What are Anisa’s goals for 2024?13:25 How does Anisa choose an exit strategy for a deal? David's Social: @dleckohttps://www.dealmachine.com/pod

Cole Stephenson shares his experience of making $10,000 on his very first wholesale deal. He started by consuming free content from Jerry Norton and participating in his challenge to make five offers a day. Cole used online platforms like Facebook Marketplace and Craigslist to find motivated sellers. He developed a texting script and focused on building rapport with sellers to identify their motivation. Cole secured his first deal by offering 70% of the estimated after-repair value (ARV) and negotiating with the seller. He found a buyer through a contact in the industry and closed the deal successfully. Cole plans to scale his business and acquire 20 properties for long-term rentals. Takeaways Consuming free content and participating in challenges can provide valuable knowledge and guidance for getting started in wholesaling.Building rapport with sellers and understanding their motivation is crucial for securing deals.Negotiating skills and the ability to analyze numbers are essential in wholesaling.Finding a reliable buyer and closing the deal successfully are key to making a profit in wholesaling. Key Talking Points of the Episode 00:00 Introduction00:51 How did Cole make $10K on his first wholesale deal?01:45 How did Cole find his first wholesale deal?02:37 What was Cole looking for when he was reaching out to leads?04:38 How did Cole run the numbers for his first wholesale deal?06:31 What is the importance of building rapport with sellers?08:57 Why is due diligence critical in real estate investing?10:36 How did Cole find the buyer for his first wholesale deal?12:51 What was Cole’s first JV experience like?16:13 What does Cole’s strategy for finding sellers look like today?19:10 Why did Cole decide to get into wholesaling real estate?21:35 How much has Cole’s life changed since getting into wholesaling?23:47 What is Cole looking forward to in 2024? Links Podcast: 097: 6 Ways To Help Someone In Foreclosure with Devin Robinsonhttps://podcasts.apple.com/us/podcast/097-6-ways-to-help-someone-in-foreclosure-with-devin/id1667656532?i=1000641409769 David's Social: @dleckohttps://www.dealmachine.com/pod

Dominique Brown shares his journey into wholesaling real estate, starting with his discovery of the concept through an interview on the Breakfast Club. After getting fired from his job, Dominique decided to pursue wholesaling and partnered with a friend who was a real estate agent. They began driving for dollars and found their first deal, a hurricane-damaged property. They sold the property through a partnership with Net Worth Realty and made a profit of $7,000. Dominique has since completed over 50 deals and continues to build his buyer's database. Takeaways Wholesaling real estate can provide an entrepreneurial opportunity for those who are not suited for traditional nine-to-five jobs.Driving for dollars is an effective strategy for finding distressed properties to wholesale.Networking with experienced wholesalers and real estate agents can help beginners learn the ropes and find buyers for their deals.Building a buyer's database and utilizing email marketing can help wholesalers quickly sell their properties. Key Talking Points of the Episode 00:00 Introduction01:14 What is Dominique’s background?11:03 How has Dominique’s success impacted his lifestyle?19:45 How has Dominique’s childhood impacted the way he approaches real estate?21:22 Why is it important to focus on one thing if you want to succeed?22:01 What was it like for Dominique to buy his first duplex?26:32 How did Dominique find his first few off-market deals?33:02 Why is it important to calculate your BRRRs accurately?39:35 What does Dominique’s portfolio look like today?42:03 How did Dominique make his business sustainable through market cycles?47:16 What is Dominique’s favorite deal like?54:26 Why is it important to get better at hiring people for your business?57:27 What lessons did Dominique learn from his favorite deal?58:28 What is Dominique’s least favorite deal?01:07:34 What lessons did Dominique learn from his least favorite deal?01:10:51 Why are relationships important in real estate investing?01:19:01 What is Dominique's advice to his younger self?01:21:10 What is the most overlooked or overhyped investing strategy today?01:24:02 How can you connect with Dominique? Quotables “That’s a great thing as an investor – to actually hold your properties because it’s one of the things that set people apart, in the long run, is who has actually ridden through that time and allowed these properties to appreciate versus constantly selling and turning and chasing your tail to some degree.” “I think it’s good to have a default setting of I’m gonna try to hang on to these and then when there’s really moments and times where it makes sense to let go of a property, then do so, but for it to be sort of Plan B and not Plan A.” “If there are scenarios where you can own real estate and it didn’t really cost you anything, and now you’re getting the mortgage paid down and the appreciation and cash flow, then that’s great too.”

Tyvon Davis shares his journey in wholesaling, starting with how he made $9,600 on his very first deal. He explains how he found the opportunity, negotiated with the seller, and found a buyer for the property. Tyvon also discusses his motivation for getting into wholesaling and his goals for the future. He shares his experiences with hiring virtual assistants and scaling his business. Tyvon emphasizes the importance of multiple outreach and follow-ups in lead generation. He also discusses the benefits of being a firefighter and the potential for finding leads in that role. The conversation concludes with recommended listening and a message of gratitude. Takeaways Start researching and learning about wholesaling before taking action.Building relationships with sellers and buyers is crucial in wholesaling.Estimate repair costs and determine the offer price based on market analysis.Implement multiple outreach strategies and follow up consistently with leads. Key Talking Points of the Episode 00:00 Introduction01:02 How did Tyvon make $9600 on his first wholesale deal?03:30 Where did Tyvon find a buyer for his first wholesale deal?04:31 How did Tyvon access the property after getting it under contract?05:33 How did Tyvon figure out the ARV for his first wholesale deal?07:36 What was Tyvon’s presentation of the deal like?08:11 What roadblocks did Tyvon encounter with his first wholesale deal?09:02 How did Tyvon get into wholesaling?11:16 How did Tyvon find his second deal?12:20 What did Tyvon do with the first assignment fee he made?13:25 What was Tyvon’s plan when he first hired virtual assistants for his business?15:09 What are Tyvon’s plans for his real estate business today?16:34 Why is Tyvon still working full-time as a firefighter?17:04 How does Tyvon plan to use his full-time job to support his real estate business?18:17 What does Tyvon look for when driving for dollars?19:08 What does Tyvon’s driving-for-dollars strategy look like today?20:43 How many deals would it take for Tyvon to do real estate full-time?22:20 How can you connect with Tyvon? Links Youtube: Tyvon Davishttps://www.youtube.com/channel/UCHbBgo3xMqtmjLLaZ2v4THg David's Social: @dleckohttps://www.dealmachine.com/pod

Curious when to hire your first employee so you can own a business that runs itself? Jason Medley discusses the importance of scaling yourself before scaling your business. He emphasizes the need to elevate your level of efficiency and maximize your potential before hiring multiple positions. David Lecko shares the mistakes and lessons he learned when hiring assistants and highlights the significance of delegation and efficiency. He also discusses the importance of consistency and predictability in business growth. Additionally, Medley talks about the value of follow-up in lead generation and the current marketing trends in the industry. Finally, he introduces CG Elevate, a community for investors looking to double their deal flow. Takeaways Before scaling your business, focus on scaling yourself and improving your efficiency.Delegate tasks that keep you from doing what you're best at.Consistency and predictability are key to successful business growth.Follow-up is crucial in lead generation and closing deals.Joining a community of like-minded individuals can provide valuable support and friendship in business. Key Talking Points of the Episode 00:00 Introduction01:01 What is the right way to start hiring people for your business?03:40 What will you learn from Buy Back Your Time?04:18 Why do people think acquisitions should be the first hire in their business?06:15 How do you know when it’s time to start hiring people?08:11 What is the best approach to hiring people for your team?10:16 What marketing trends should investors be aware of today?13:03 What marketing strategy will get you the most results?16:00 What is CG Elevate all about? Links Book: Buy Back Your Timehttps://www.buybackyourtime.com/ Website: CG Elevatehttps://www.doublemydealflow.com Website: The Collective Geniushttps://thecollectivegenius.com/ David's Social: @dleckohttps://www.dealmachine.com/pod

Jesseme McVey shares her experience of making $17,000 on her first wholesale deal and how she got started in real estate wholesaling. She explains her motivation to wholesale properties and her future plans and goals. Jesseme discusses her use of DealMachine for driving for dollars and the success she has had with it. She also talks about the challenges of dealing with regulations in Illinois and finding reliable drivers. Jesseme shares her goals for wholesale deals and her plan to acquire enough rental properties so she can retire and teach yoga and spend time with her 7 year old daughter. Takeaways Driving for dollars can be a successful strategy for finding wholesale deals.Using DealMachine can streamline the process of driving for dollars and finding distressed properties.Understanding and navigating local regulations is crucial for successful wholesaling.Having a clear goal and motivation can drive success in real estate investing. Key Talking Points of the Episode 00:00 Introduction00:50 How did Jesseme make $17K on her first wholesale deal?03:25 What gave Jesseme the idea to start wholesaling real estate?05:02 How was Jesseme acquiring rentals before she started wholesaling?06:34 How did Deal Machine help Jesseme grow her wholesaling operations?09:02 What motivates Jesseme to keep wholesaling?11:27 Why is it important to make calculated decisions as a real estate investor?13:12 How much has Jesseme’s driving-for-dollars strategy changed through the years?15:14 How is Jesseme navigating the wholesaling regulations in Illinois?18:09 What is it like to wholesale or flip properties in Illinois?21:02 What is it like to work with an attorney as an investor in Illinois?24:01 What is Jesseme’s wholesaling goal this year?25:16 How can you connect with Jesseme? Links Promo: Deal Machine Apphttps://www.dealmachine.com/pod Social Media: Jesseme Mcveyhttps://www.instagram.com/jessemejenehttps://www.facebook.com/jesseme.bysong Podcast: 052: A Single Deal, A Six-Figure Gain: Michael Pinter's Extraordinary Wholesaling Success Storyhttps://podcasts.apple.com/us/podcast/052-a-single-deal-a-six-figure-gain-michael/id1667656532?i=1000629049733 David's Social: @dleckohttps://www.dealmachine.com/pod

In this conversation, Wes Branch shares his journey in real estate wholesaling, starting from his first deal in high school. He discusses the importance of motivation and confidence in pursuing real estate deals and shares his strategies for finding motivated sellers, including driving for dollars and using targeted lists. Wes also talks about building a team and outsourcing tasks to streamline operations. He explains the transition to nationwide marketing and the benefits of keeping the best properties for long-term wealth building. The conversation concludes with a discussion on the benefits of fasting for health and longevity. Takeaways Motivation and confidence are key factors in succeeding in real estate wholesaling.Driving for dollars and using targeted lists are effective strategies for finding motivated sellers.Building a team and outsourcing tasks can help streamline operations and increase efficiency.Transitioning to nationwide marketing can expand opportunities for finding deals and buyers.Keeping the best properties can provide long-term wealth-building opportunities.Fasting can have health benefits, including cleansing the body and promoting longevity. Key Talking Points of the Episode 00:00 Introduction01:10 How did Wes make $1700 on his first wholesale deal?02:33 How did Wes find a buyer for his first wholesale deal?03:23 What did Wes do to come up with the value for his first wholesale deal?05:01 How did Wes handle being in real estate at such a young age?06:01 What motivated Wes to get into real estate in high school?08:36 How did Wes start finding more deals after the first one?09:50 How does Wes open a conversation with his driving for dollars leads?10:51 Why did Wes decide to just focus on wholesaling?12:42 What other strategies does Wes use to find deals?15:18 Why is it important to consider investing for long-term cash flow?16:53 What does Wes’ team today look like?18:24 Where do Wes and his team find buyers for their wholesale deals?20:25 What made Wes decide to take his wholesale operations nationwide?21:36 Why is it important to start local when you’re a new investor?22:49 How does Wes decide whether to keep or wholesale a deal?24:10 How can you connect with Wes? Links Promo: Deal Machine Apphttps://www.dealmachine.com/pod Instagram: Wes Branchhttps://www.instagram.com/wesbranch1 Podcast: 078: 25 Motivated Seller Lists & Best Order To Approach Themhttps://podcasts.apple.com/us/podcast/078-25-motivated-seller-lists-best-order-to-approach-them/id1667656532?i=1000636896361 Podcast: 095: 9 Ways To Find A Buyer for Wholesaling Real Estatehttps://podcasts.apple.com/us/podcast/095-9-ways-to-find-a-buyer-for-wholesaling-real-estate/id1667656532?i=1000640885675

Enrique Machado shares his journey in wholesaling real estate, starting with his first $5,000 deal. After being let go from his job, he decided to pursue real estate full-time and got a mentor for guidance. He explains his direct-to-agent process and how he collaborates with agents to find deals. Enrique's motivation to be his own boss and provide for his family drives his success in the industry. Takeaways Joining a community or coaching program can provide guidance and support in wholesaling real estate.Building relationships with agents is a strategy for finding deals and ensuring success in wholesaling.Transparency and honesty in the wholesale process help maintain trust with agents and other parties involved.Reinvesting profits and having a long-term vision can lead to further success and opportunities in real estate. Key Talking Points of the Episode 00:00 Introduction01:21 Why did Enrique decide to become a full-time real estate investor?02:36 What gave Enrique the idea to become his own boss?04:03 What did Enrique learn from joining a real estate mastermind?05:13 How is Enrique using the direct-to-agent strategy?06:13 Why is it important to be fair to all parties involved in a transaction?07:04 How does Enrique explain what he does to agents?08:30 What contract does Enrique use for his direct-to-agent deals?11:03 How did Enrique find a buyer for his first wholesale deal?12:24 How can you accurately estimate the ARV of a property with Deal Machine?14:21 How does Enrique calculate the repair budget on his deals?15:18 Where would Enrique be today if he didn’t start wholesaling?16:40 What is Enrique’s motivation to succeed in real estate investing?19:10 How can you connect with Enrique? Links Free Trial: Deal Machine Apphttps://www.dealmachine.com/pod Instagram: Enrique Machadohttps://www.instagram.com/enrique.machado_/ Podcast: 099: How Alec Escaped His Dead End Job! with Alec Hawthornehttps://podcasts.apple.com/us/podcast/099-how-alec-escaped-his-dead-end-job-with-alec-hawthorne/id1667656532?i=1000641950749 Podcast: 053: $35,000 on His First Deal To 80 Deals Later with Phillip Villegashttps://podcasts.apple.com/us/podcast/053-%2435-000-on-his-first-deal-to-80-deals-later-with/id1667656532?i=1000629356538 Podcast: 079: If Your Side Hustle Lacks Traction, Do This with Joshua Goodehttps://podcasts.apple.com/us/podcast/079-if-your-side-hustle-lacks-traction-do-this-with/id1667656532?i=1000637161583 Podcast: 086: $30,000 from House Flipping vs Wholesaling with Hannah Martin & Lukas Dommerhttps://podcasts.apple.com/us/podcast/086-%2430-000-from-house-flipping-vs-wholesaling-with/id1667656532?i=1000638921179 David's Social: @dleckohttps://www.dealmachine.com/pod