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The DealMachine Real Estate Investing Podcast

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

160 - 145: College Student Starts Wholesaling Real Estate
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  • 160 - 145: College Student Starts Wholesaling Real Estate

    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 Introduction 01:01 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?

    Fri, 3 May 2024 - 18min
  • 159 - 144: Top 5 Ways To Find Undervalued Real Estate in 2024

    David breaks down the top 5 ways to find undervalued real estate in 2024. He outlines the top 5 strategies for discovering undervalued real estate in 2024. From "Driving for Dollars" to targeting "Tax Delinquent Properties," he offers a comprehensive approach to identifying lucrative opportunities. With insights on leveraging liens, code violations, pre-foreclosures, and probate properties, David equips you with actionable techniques to navigate the real estate market successfully. Key Talking Points of the Episode 00:00 Introduction 00:50 Driving for dollars 01:48 Tax delinquent properties 02:39 Liens 03:17 Code violations 03:45 Pre-foreclosures 04:38 Probate 05:16 Deal Machine FREE trial Links Website: Deal Machine https://www.dealmachine.com

    Wed, 1 May 2024 - 06min
  • 158 - 143: Real Estate Agent vs Wholesaling

    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 Introduction 00:49 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 Agreement https://www.dealmachine.com/jv Instagram: Backstreet Property Investment https://www.instagram.com/backstreetpropertyinvestments/ Youtube: Backstreet Property Investment https://www.instagram.com/backstreetpropertyinvestments

    Mon, 29 Apr 2024 - 26min
  • 157 - 142: Master Virtual Driving For Dollars

    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 Introduction 01:15 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 Lecko https://www.instagram.com/dlecko

    Fri, 26 Apr 2024 - 15min
  • 156 - 141: 3 Step Framework For Avoiding Failure In Real Estate

    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 Introduction 01:20 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 Passionate https://www.amazon.com/Passive-Passionate-Wealth-Passions-Profits/dp/B0CLPKKDXJ Podcast: The Action Academy https://podcasts.apple.com/us/podcast/the-action-academy-millionaire-mentorship-for-your/id1588326291

    Wed, 24 Apr 2024 - 28min
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