The DealMachine Real Estate Investing Podcast
David Lecko, Ryan Haywood
It is a tragedy that 95% of the country is brainwashed into believing that you have to work 50 hours per week for 50 years just to retire. By that point, you might not even enjoy your time off!
This podcast helps you escape the traditional 9-5 and embark on a fulfilling, financially rewarding journey.
We will show you how it is possible to make your annual salary, monthly through a proven business model called wholesaling real estate.
Why wholesaling real estate? This perfect strategy doesn't require significant capital to actually purchase the property yourself, it allows you time freedom without being at someone’s beck and call, and you can make 15% of each deal. You simply find distressed properties and connect them with investors. It's a flexible and scalable way to enter the world of real estate without many of the traditional barriers and offers 5 figure paydays.
If you're a newcomer to this world, this podcast is specifically designed for you. Here's what you can look forward to:
Wholesaling 101: We break down the ABCs of wholesaling. And no, 'B' doesn't stand for 'Boring.'
Beginner’s Bootcamp: Think of this as your training wheels in real estate, only a lot less embarrassing than the ones on your childhood bike.
Action Steps: Get ready to jot down exactly what to do next.
Support Squad: Dive into a community of fellow newbies with experts we bring in to help. You will achieve success much faster when you have access to people who have achieved what you want to achieve, and the support from those on the same path.
Ready to get started? Let's get you listening all the way to the bank.
Subscribe and leave us a review!
Sign up for a free trial of DealMachine : https://www.dealmachine.com/pod
This podcast helps you escape the traditional 9-5 and embark on a fulfilling, financially rewarding journey.
We will show you how it is possible to make your annual salary, monthly through a proven business model called wholesaling real estate.
Why wholesaling real estate? This perfect strategy doesn't require significant capital to actually purchase the property yourself, it allows you time freedom without being at someone’s beck and call, and you can make 15% of each deal. You simply find distressed properties and connect them with investors. It's a flexible and scalable way to enter the world of real estate without many of the traditional barriers and offers 5 figure paydays.
If you're a newcomer to this world, this podcast is specifically designed for you. Here's what you can look forward to:
Wholesaling 101: We break down the ABCs of wholesaling. And no, 'B' doesn't stand for 'Boring.'
Beginner’s Bootcamp: Think of this as your training wheels in real estate, only a lot less embarrassing than the ones on your childhood bike.
Action Steps: Get ready to jot down exactly what to do next.
Support Squad: Dive into a community of fellow newbies with experts we bring in to help. You will achieve success much faster when you have access to people who have achieved what you want to achieve, and the support from those on the same path.
Ready to get started? Let's get you listening all the way to the bank.
Subscribe and leave us a review!
Sign up for a free trial of DealMachine : https://www.dealmachine.com/pod
Episodes
Mentioned books
Dec 4, 2023 • 12min
080: 3 Steps To Find Off Market Real Estate Deals
Have you been looking on Zillow for a good real estate deal? I used to look for properties for sale and look at the mortgage estimator to calculate my monthly payment. Then I would switch tabs over to rentometer.com and see if the rent was more than the mortgage payment. IT NEVER WAS! Now I would never buy a property that didn't cashflow at least $500 per month above the mortgage, taxes, and insurance. And in order to wholesale a deal and make a $22,000 finders fee by simply ""assigning"" a deal, it needs to be under contract at a big discount. The way I find them now is by looking for off-market deals. This episode gives you 3 steps to successfully find off market deals. Think of this episode as getting you in the right mindset to finally find great deals. Instagram: David Leckohttps://www.instagram.com/dlecko/ Key Talking Points of the Episode 00:00 Introduction01:12 How did I decide to get involved in rental properties?02:25 Where did I learn the idea of driving for dollars?03:26 What gave me the idea to build Deal Machine?04:10 How much has Deal Machine grown through the years?05:09 What is the best way to find the right leads?06:30 Why is it important to be consistent with your marketing?07:27 How many postcards should you be sending to get deals?08:10 How can you figure out how much to offer on a property?09:15 How can you learn more about wholesaling from Deal Machine?10:02 Why do you need to overcome analysis paralysis?
Dec 1, 2023 • 23min
079: If Your Side Hustle Lacks Traction, Do This with Joshua Goode
Do you KNOW that you're not made for the corporate world?Maybe you've tried a few side hustles, but haven't gotten as much traction as you'd like.Let me introduce you to Joshua Goode, who owned a recording studio, dabbled in film, worked at the YMCA and tried a construction lift company.Once he found real estate wholesaling and made $14,000 on his first deal, he knew he found something special.I used to think you had to do everything on your own, but Joshua showed me how he worked with an experienced wholesaler to make his first finders fee quickly.Joshua has found more traction with wholesaling real estate than any other business, and he's been full-time for about a year.We've put this episode together so you can 10x your income and replace your w2 as well!Instagram: David Leckohttps://www.instagram.com/dlecko/
Nov 30, 2023 • 1min
Welcome to the DealMachine REI Podcast! (Trailer)
Welcome to the DealMachine Real Estate Investing Podcast, where we unveil the secrets of escaping the 9-5 grind through real estate. Discover how to turn your annual salary into a monthly income with minimal capital, time freedom, and expert guidance. Tune in for beginner-friendly strategies, actionable steps, and a supportive community to fast-track your success in the lucrative world of real estate.David's Social: @dleckohttps://www.dealmachine.com/podRyan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/
Nov 29, 2023 • 19min
078: 25 Motivated Seller Lists & Best Order To Approach Them
Do you feel overwhelmed by the sheer number of ways that exist to find a motivated seller? Perhaps you've tried a few ways so far but nothing ""stuck"" yet. In this episode, we will give you the top 25 ways to find a motivated seller. We will also give you the order that you should approach these in, so you’re not overwhelmed and can take decisive action towards financial freedom. By the end of this episode, you'll learn how to tackle one thing at a time so you can focus on getting results before adding more to your plate. 00:00 Introduction03:27 Driving for dollars04:20 Tax delinquent lists05:30 Liens07:30 Code violations09:07 Pre-foreclosures10:57 Evictions12:00 Arrest records13:26 Foreclosures14:14 Vacant homes14:16 Expired listings with high equity14:36 Tired landlords14:56 Senior owners over 6515:09 Zombie properties15:45 Absentee owners16:13 Out-of-state owners17:37 Learn about having conversations for your first deal Links Podcast: 068: 4 Convos To Your First Wholesale Real Estate Dealhttps://podcasts.apple.com/us/podcast/068-4-convos-to-your-first-wholesale-real-estate-deal/id1667656532?i=1000633828538 Podcast: MC18 Instagram: David Leckohttps://www.instagram.com/dlecko/
Nov 27, 2023 • 14min
077: 2X Your Income By Qualifying Your Buyers with Ryan Haywood
Would you like to double your income that you make from finding a run down house?This is the podcast to help you grow your income and quit your w2 job by wholesaling real estate.Ryan Haywood is your host, and has done 419 real estate wholesale deals in St. Joesph, MO.He made $8500 on his first deal, and he now makes $15,000 per deal thanks to qualifying his buyers.Tune in to learn how Ryan qualifies and builds relationships with his buyers so he can pass on each property to an investor while making the most money possible. Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/
Nov 24, 2023 • 15min
076: How To Turn NO into $38,000 with David Lecko
Are you afraid of hearing no when you make an offer on a house? Or worse! You normally do nothing once a seller tells you no? In this episode, we’re going to give you the basics of follow up. We’re going to tell you how to be a free consultant to the seller, even though you’re no longer in the running. We will show you how to help the seller understand if the other offers are trustworthy or not. Then if something falls through, the seller has the freedom to ask you for your offer again! David's Social: @dlecko https://www.dealmachine.com/pod
Nov 22, 2023 • 23min
075: Make $10k-24k from Certain Down Houses with David Lecko
Do you want to build a side-hustle wholesaling real estate to earn your first $100k this year? Let us walk you through what types of houses could be a great first deal in this episode. We'll cover the types of houses, what they look like, where they are, what info to collect, and what type of finders fee you can expect to make, depending on the value of the house.
Nov 20, 2023 • 22min
074: Cody Made $137,000 In 3 Months Out of State
"Have you ever wondered if investing in real estate outside of where you live is a good idea? After 6 months of not getting any results in the expensive San Diego market, our guest Cody Szohr switched up to the lower priced market of Milwaukee and found his deal in less than 3 months. Cody made a $35k finders fee for finding a run down house and sending it to an investor, and Cody has done 100 deals in the last 4 years and quit his job as a teacher. If you want financial freedom and to quit your job, we give you the steps to get there! If you got something out of this episode and want to keep learning more, check out: Episode 70: How Chris Replaced His $200k W2 Income (wholesaling out of state in Alabama while living in New York City)"
Nov 17, 2023 • 25min
073: When Your Side Hustle Makes 3X Your Job with Sawand Belcher
Do you feel like you're working twice as hard for the same amount of money at your W2 job? That's exactly how Sawand Belcher felt when he was selling cars and he had to sell 15 cars to make 7,500 bucks and they changed the plan so he had to sell 25 cars to make the same amount of money. He knew he needed to take things into his own hands. And so he found out about wholesaling real estate, which is a way to earn big checks from finding run down properties and passing them off to an investor which can make you a finder's fee of up to $25,000. It only took Sawand a few months before his side hustle made 3x more than his job. Key Talking Points of the Episode00:00 Introduction01:51 How did Sawand find his first wholesale deal?03:16 What was Sawand’s advantage when he bought his first wholesale deal?05:06 How did Sawand’s debt-to-income interfere with his initial plan for the property?08:02 What made Sawand want to do wholesaling full-time?10:21 How did Sawand’s wholesaling business take off after he left his full-time job?11:25 How will your first wholesale deal change your life?13:15 What did Sawand realize after doing his first wholesale deal?16:02 What is the difference between being an employee and a wholesaler?18:10 What are the biggest benefits of wholesaling?20:19 How much has wholesaling changed Sawand’s life?24:20 What is the best way to connect with Sawand?LinksInstagram: Sawand Belcherhttps://www.instagram.com/thisismetakingaction/
Nov 15, 2023 • 26min
072: From $7/hr as a Cook to $500,000 Per Year with Jason Marks
Key Talking Points of the Episode00:00 Introduction02:14 How did Jason get into wholesaling?03:57 Where did Jason find his first wholesale deal?04:23 How can you market to tax delinquent lists?06:27 What is the best way to identify the seller’s pain points?07:13 How did having a partner help Jason get the deal at a better price?08:33 What can you learn from working with a partner on your deals?09:24 How can you overcome analysis paralysis?12:18 How did Jason’s first deal influence his growth in real estate?13:40 What was Jason doing before he built his logistics company?18:15 How did Jason make his wholesaling processes more simple?20:42 Why is it important to always live life to the fullest?22:25 How can you use your business to live your life to the fullest?25:04 How can you learn more about wholesaling real estate?LinksPodcast: 066: How Ryan made $8500 in His First 14 Days Wholesaling Real Estatehttps://podcasts.apple.com/us/podcast/066-how-ryan-made-$8500-in-his-first-14-days-wholesaling/id1667656532?i=1000633332047Instagram: Jason Markshttps://www.instagram.com/jasonmarksnc
