The DealMachine Real Estate Investing Podcast

David Lecko, Ryan Haywood
undefined
Aug 7, 2024 • 22min

187: How To Handle Getting Lied To On A $100,000 Deal

Travis Goodwin discusses his experience in wholesaling real estate, specifically focusing on farms and land. He shares his approach to handling appointments, finding deals, and working with buyers. Travis also talks about the challenges and opportunities of wholesaling in a rural market. Key Talking Points of the Episode 00:00 Introduction02:07 How did Travis’ appointment go?03:58 How long has Travis been wholesaling real estate?06:30 What has it been like for Travis to wholesale properties out of state?08:37 How does Travis’ relationship with his boots on the ground work?09:43 What kind of leads is Travis cold calling today?11:52 How does Travis evaluate farm land?13:24 What strategies does Travis use for farm land?15:07 How does Travis meet farm land buyers for his deals?16:02 Why did Travis decide to get into buying and wholesaling farm land?17:02 How did Travis realize that land investing could be a profitable niche?18:55 How does the Deal Machine app help Travis in finding farm land leads?19:56 How can you get in touch with Travis on social media? Links Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/  
undefined
Aug 6, 2024 • 15min

186: Make $9,000 With This Cold Calling Blueprint

In this 15 minute recap of The DealMachine Podcast Live, we talk with Zack Boothe about the ins and outs of cold calling in real estate. Zach gives us his blueprint, sharing how he made $9k from his first cold call in just 11 minutes!We talk about avoiding the typical salesy vibe, using the right scripts, and how the DealMachine dialer can take your cold calling game to the next level. Key Talking Points of the Episode0:00 - Introduction & Overview0:42 - How Zack Made $9,000 In 11 Minutes1:59 - The Script Zack Uses To Not Sound Like A Salesman4:21 - Zack's Process with The New DealMachine Dialer5:56 - The Benefits Of A Single Line Dialer vs Triple Dialer8:22 - A Cold Calling Tip You Probably Haven't Heard10:20 - Translating That Tip to DealMachine's Dialer12:48 - Zack's Contact Rate & Being Efficient With Your Time14:22 - OutroLINKSInstagram: Zack Boothehttps://www.instagram.com/zackboothe Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/
undefined
Aug 5, 2024 • 22min

185: He Made $7,500 on His First Wholesale Deal by Finding an Expired Listing

Raji Hamideh shares his experience in real estate wholesaling and turnkey investing. He made $7,500 on his first wholesale deal by finding an expired listing that had failed two years prior. He used Propstream to find the listing. Raji emphasizes the importance of follow-up in finding deals and advises new investors to be persistent. He also discusses his turnkey business model, where he wholesales properties to out-of-state investors after fixing them up. Raji explains how he finds buyers through cold calling, email outreach, and targeted marketing campaigns. He also shares insights on forming U.S. businesses for foreign investors and the criteria he uses to decide whether to wholesale or turnkey a property. Key Talking Points of the Episode 00:00 Introduction01:11 How did Raji make $7500 on his first wholesale deal?02:56 What was life like for Raji before wholesaling real estate?04:44 What is Raji’s advice for people who want to get into wholesaling today?06:05 Why did Raji decide to sell turnkey properties?07:13 How does Raji’s turnkey strategy work?08:08 How does Raji decide whether to wholesale a deal or sell it as turnkey?09:37 Where does Raji find buyers for their properties?10:42 How did Raji come across the kind of buyers they sell to?11:31 How does Raji help investors outside of the country?13:51 What does NOI stand for?14:21 What markets does Raji operate in?15:26 How does Raji build lists to market to?18:29 What is Raji’s cold calling strategy to get deals?19:31 How does the law of probability apply in real estate?20:54 How can you get in touch with Raji? Links Email: HMDH Enterprisesinfo@hmdhenterprises.com LinkedIn: Raji Hamidehhttps://www.linkedin.com/in/raji-hamideh-289433aa/ Website:https://www.dealmachine.com/dialer-challenge Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/  
undefined
Aug 2, 2024 • 16min

184: How To Get Your Kids $7000 & Interested in Business

If you're a parent and business owner that wants to get your kids involved in financial freedom, this episode may spark some ideas for you. Key Talking Points of the Episode 00:00 Introduction01:25 How did Stephen find the buyer for his first wholesale deal?04:31 Why did Stephen decide to pursue wholesaling?05:24 How does the Deal Machine dialer help Stephen with cold calling?07:10 How did Stephen encourage his son to cold call leads?11:02 What is Stephen’s advice for new wholesalers?12:41 Why did Stephen decide to hire someone in-office to do cold calling?14:48 How can you follow Stephen’s journey on social media? Links Twitter/X: Steve-4-Real Estatehttps://x.com/4ahomeloan Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/
undefined
Jul 31, 2024 • 25min

183: How Do You Escape A Job With Golden Handcuffs?

A new acquaintance asked me at the gym if he could ask me some questions. He said he makes a lot as a software engineer, but he is afraid of getting stuck with golden handcuffs. We discuss how he would escape a job with golden handcuffs thru real estate investing. Key Talking Points of the Episode 00:00 Introduction01:23 How do short-term leases help us minimize risk?06:10 What is the best way to generate leads?07:20 Why is it important to focus on one thing when you’re generating leads?08:20 How does location impact the performance of a rental property?11:05 Why is it important to take action to avoid analysis paralysis?12:10 How should you approach the leads you generate?15:21 How can you get more comfortable with cold calling?16:26 What is the best way to market to leads?17:41 What makes it so difficult to get out of “golden handcuffs”?21:20 How can you decide the right path for you? Links Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/
undefined
Jul 29, 2024 • 22min

182: You Need To Work Harder (Like D-Rod)

You need to make about 300 calls per day to property owners every week day for about 1 month in order to find someone who wants to sell their house (and prefer speed and convenience over a good price). So if you are working on wholesaling real estate looking for your first deal, I know you're working but I bet you're not doing 300 calls per day. Key Talking Points of the Episode 00:00 Introduction02:05 How did David get interested in wholesaling?04:13 What does David’s cold calling strategy look like today?06:47 How many motivated sellers has David spoken to?08:15 Why do you need to be patient when following up with sellers?09:22 When would it be ideal to text your leads?12:05 How can you use the Deal Machine app to find cash buyers in your area?13:03 How can you look at an investor’s portfolio through the Deal Machine app?16:31 What is the best way to approach the sellers of a newer home?19:07 When is the best time to consider changing markets? Links Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/
undefined
Jul 26, 2024 • 25min

181: First Deal $35,000 In His Pocket

Tyrell did not even know his team was calling home owners with the DealMachine dialer. So when I called him, he told me I must have the wrong person. BUT...  he double checked and realized his team had switched softwares and made about 2000 calls in the last two weeks using the new dialer. So I invited him on the show to break down how his company is able to do so many wholesale real estate deals so you can learn how to do your first deal! Key Talking Points of the Episode 00:00 Introduction01:20 What was Tyrell’s first wholesale deal like?03:14 How did Tyrell find his first wholesale deal?04:10 What does Tyrell look for when he is driving for dollars?05:21 How does Tyrell reach out to leads from driving for dollars?06:21 How did Tyrell come up with the offer for his first wholesale deal?09:43 How did Tyrell sell his first wholesale deal?11:01 What is Tyrell’s strategy to find buyers for his deals?12:13 What did Tyrell do with the profit from his first wholesale deal?14:06 What kind of lists does Tyrell and his team market to?16:46 How does Tyrell’s team use Deal Machine for cold calling?17:55 How many appointments does Tyrell go on weekly?18:42 How does Tyrell know that a deal is worth the effort?20:14 What are Tyrell’s goals for his real estate business?23:07 How can you connect with Tyrell? Links Facebook: Tyrell Hayden Real Estate Bluegrass Property Exchangehttps://www.facebook.com/TyrellHaydenRealEstateLex/ Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/
undefined
Jul 24, 2024 • 19min

180: Making $40,000 on His First Real Estate Deal!

Alex made $40,000 on his first real estate wholesale deal. Wholesaling has enabled him to earn enough money to flip homes and he even recently purchased a laundry business! If you want to learn more about wholesaling, tune into this episode. Key Talking Points of the Episode 00:00 Introduction01:10 How did Alex make $40K on his first wholesale deal?02:32 How did Alex get in touch with the homeowner?03:29 What is Alex’s background?04:31 What kind of freedom does real estate create for investors?06:56 How is Alex’s company structured today?07:37 What kind of deals does Alex and his team focus on today?08:23 What are the most important KPIs to track in your real estate business?09:57 How many deals did it take before Alex made his first hire?10:43 What was the biggest change Alex made through the years?11:23 What is Alex’s favorite piece of real estate investing?13:35 Why did Alex decide to venture into other real estate strategies?14:56 What other businesses has Alex invested in because of wholesaling?16:38 What does the future look like for Alex?17:55 How can you connect with Alex? Links Instagram: Alex Peransihttps://www.instagram.com/lexthegodson/ Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/
undefined
Jul 22, 2024 • 24min

179: $150k First Year Side Hustle

David made $150k in his first year of wholesaling real estate. He is now in year three so we asked him how he was so successful in his first year, and how he's able to keep earning more in the years to follow. Key Talking Points of the Episode 00:00 Introduction02:01 How did David get into wholesaling real estate?03:38 Why is David more focused on the acquisition side of wholesaling?06:03 Where does David and his partner find their leads?08:06 How do David’s conversations with sellers go?09:38 What are David’s appointments with sellers like?11:41 How did David start building his buyers list?13:33 How many deals has David done through the years?14:24 How has wholesaling helped David have more time for music?16:06 How does David manage his wholesaling business?18:01 How did David learn about the AI Dialer in Deal Machine?19:15 How much time does David and his team spend cold calling?20:11 Where does David make his calls from?21:21 How has the AI Dialer helped David get more appointments?22:58 How can you get connected with David? Links TikTok: David Modestohttps://www.tiktok.com/@sonoftheshepherd Instagram: David Leckohttps://www.instagram.com/dlecko Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Deal Machinehttps://www.dealmachine.com/pod Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/ 
undefined
Jul 19, 2024 • 29min

178: 6 Ways To Help Someone In Foreclosure

Devin Robinson shares his journey in real estate wholesaling, starting with his first wholesale deal and working with hedge funds. He discusses the importance of building systems and processes, as well as finding truly motivated sellers. Devin emphasizes the value of providing solutions beyond buying the house, such as helping sellers in foreclosure navigate their options. He also highlights the significance of personalized outreach, including sending video messages to potential sellers. Devin concludes by discussing the current state of REO deals and sharing his insights on other types of leads. Key Talking Points of the Episode 00:00 Introduction01:03 How did Devin find his first wholesale deal?03:15 Why did Devin stop selling deals to hedge funds?04:09 How did being part of a mastermind help Devin learn about wholesaling?05:32 What are the hedge funds doing in today’s market?07:46 What markets is The Amherst Group buying in?08:34 How did Devin rebuild his business after learning about wholesaling?09:24 What kind of deals is Devin focused on today?12:21 What kind of support does Devin provide for the sellers they work with?15:10 How does Devin approach leads in preforeclosure?18:30 How does the non-judicial foreclosure process work?20:41 What are the different ways Devin helps sellers restructure their loans?23:28 What is happening with REO deals today?25:25 What other types of deals is Devin getting involved with today?27:50 How can you follow Devin’s real estate journey?  Links Free Trial: Deal Machine Apphttps://www.dealmachine.com/pod Instagram: Devin Robinsonhttps://www.instagram.com/devin.robinson1/ Facebook Group: Real Life REIhttps://www.realliferei.com

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app