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
Mar 8, 2023 • 29min
006: Make Analyzing Real Estate Deals Surprisingly Easy
In this episode, Ryan and David discuss the critical importance of analyzing deals correctly in real estate investing. They delve into the concept of ARV and the significance of developing a rehab estimate to accurately analyze a property. They also explain how to calculate an offer using ARV and introduce the 70 percent rule.Ryan and David dive into the downsides of misanalyzing a deal and the repercussions that come with it. They emphasize the time and skill required to estimate rehab costs accurately, as this is crucial in analyzing a property.Moreover, they provide a formula to help investors analyze a deal: ARV - 30% - repair costs - assignment fee = offer price. They also discuss their approach to rehab costs, which may be slightly higher than other investors, as they prefer a higher rental grade. David stresses that investors should always feel uncomfortable with how low their offer is. In fact, you should treat your initial offer just as an icebreaker.This episode is packed with insights that will help investors analyze deals correctly and avoid costly mistakes. Tune in now!David's Social: @dleckohttps://www.dealmachine.com/podRyan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/
Mar 1, 2023 • 35min
005: Set Appointments to Find The Best Real Estate Deals
In this episode, Ryan and David share valuable insights on setting appointments in real estate. They discuss how to handle nervousness and build trust with sellers, the importance of seeing the property in person, and how to estimate repair costs and factor them into your offer. They also share strategies for analyzing deals and asking the right questions to uncover the seller's needs and goals.Whether you're a seasoned real estate professional or just starting out, you’ll find practical tips and advice for mastering the art of setting appointments in real estate. Tune in to learn how to approach appointments with confidence, build rapport with sellers, and make offers that stand out.David's Social: @dleckohttps://www.dealmachine.com/podRyan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/
Feb 22, 2023 • 34min
004: Intimidated When The Seller Calls You Back? This Is How To Respond
The key to building wealth quickly is finding a discounted property, and the key to finding a discounted property is having conversations with property owners who want speed and convenience in getting rid of their property. Sometimes answering calls and having those conversations with sellers can be a little intimidating, but it doesn't have to be. In this episode, Ryan and David shared some personal examples of how they approach having conversations with people who have responded to their postcard mailers asking if they want an offer on their house.David's Social: @dlecko https://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/
Feb 15, 2023 • 44min
003: Earn Extra $$ with Direct Mail
In today's episode, we're excited to talk about using direct mail for real estate investing. If you're looking to earn $5k-$20k per month with your side hustle, sending direct mail to run-down homes asking if they want to sell their house can be a highly effective way to find a discounted property that you can get under contract and wholesale, even without a license in most states. Ryan and David will share their own experiences with using direct mail to find deals and offer practical advice for getting started. They'll cover topics such as how to target the right neighborhoods, craft the perfect mailer, and negotiate for maximum profits. If you're just getting started, this episode is packed with valuable insights and actionable tips. Tune in now to learn more about using direct mail to grow your real estate investing with Ryan and David on the DealMachine Real Estate Investing Podcast. David's Social: @dleckohttps://www.dealmachine.com/podRyan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/
Feb 8, 2023 • 40min
002: Get Financial Freedom with the Best Real Estate Investing Leads
In today's episode, Ryan and David talk about lead generation and the methods of lead gen that they've found to work the best for them. If you are looking to get financial freedom with the best leads, these strategies can help you find them.Having that steady stream of leads flowing in is essential to the process, so you don't see a lack of deals coming in down the line. Ryan says the simplest way to get started is to get in your car drive for dollars and add a bunch of leads.By driving for dollars, Ryan was able to build a skillset to identify good leads, as well as build relationships with his realtor to get expired listings. However, Ryan found success in list-building when he sent mail and his phone "would not stop ringing". He also talks about one of his deals, where he bought a house for $1000 that was a "nightmare house".Make sure you tune into this episode to learn other tips about Driving for Dollars (D4D) and List Building, so you can go out and take action today and start generating your leads. David's Social: @dleckohttps://www.dealmachine.com/podRyan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/
Jan 24, 2023 • 40min
001: Getting Started in Real Estate
Join us on this week's episode of "DealMachine Real Estate Investing Podcast" as we share our personal stories of how we got started in the world of real estate investing. Ryan will talk about his experience with the 30-day wholesaling challenge in St. Joseph, MO and how it kickstarted his successful business, Heritage Home Investments. David will share his journey of starting with just $4,800 and building a portfolio of $1.6MM in single family rentals with $960k in equity. We'll also discuss the challenges we faced and how we overcame them to achieve financial freedom through real estate investing. Whether you're just starting out or have been investing for a while, this episode is sure to inspire you to pursue your real estate investing goals. Tune in and take the first step towards your own journey to financial freedom.David's Social: @dleckohttps://www.dealmachine.com/podRyan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/
