The DealMachine Real Estate Investing Podcast

In this episode, Ryan discusses the importance of presenting deals effectively in the real estate investing process. He emphasizes that securing the property is only the first step, and the real money is made when the property is assigned to a buyer.Ryan provides a template for creating a presentable flyer that includes photos and key property details. He advises including the estimated after repair value (ARV), square footage, repair estimate, and assignment price. Ryan also highlights the significance of providing contact information and being prepared to answer buyer questions. He concludes by offering a template for listeners to use in their own deals.Takeaways- Securing the property is important, but the real money is made when the property is assigned to a buyer.- Creating a presentable flyer with photos and key property details can help quickly dispose of the property.- Include the estimated ARV, square footage, repair estimate, and assignment price on the flyer.- Provide contact information and be prepared to answer buyer questions.- Using a template can help streamline the process of presenting deals to investors. Key Talking Points of the Episode00:00 Introduction01:12 Why is it important to present your deal the right way?02:14 What kind of photos should you use for your property flyer?03:34 What are the most important details to include in your property flyer?05:30 Why do you need to include a repair estimate on your flyer?06:35 What should you prepare for the conversations you will have with investors?07:38 Where can you find a template that you can use for your deals?LinksDocument: Property Flyer Templatehttps://www.dealmachine.com/flyerDavid's Social: @dleckohttps://www.dealmachine.com/podRyan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/ 

Wes Steimel was making ""good money"" selling 10,000 lbs of meat to grocery stores, but when his children were born, he wanted to stop working 60 hours per week. His wife encouraged him to find another job that would give him more time freedom with the family. They decided to wholesale real estate and he made $18,750 on his very first house that he found. The seller wanted speed and convenience rather than the top dollar, so the deal was very smooth. 1 year later, we recorded this podcast to hear how Wes has done 15 deals now. Wes most recently closed a deal with the help of Ryan Haywood, your co-host of the DealMachine Podcast. Tune in for step-by-step how you can find and close your first real estate wholesaling deal. David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/ Key Talking Points of the Episode 00:00 Introduction01:13 How much did Wes make on his first wholesale deal?04:06 How did Wes find his first wholesale deal?06:56 What was the appointment like on Wes’ first deal?08:01 How did the seller’s level of motivation help Wes with the deal?10:01 How did Wes start looking for a buyer for his first deal?12:15 What did Wes do before getting involved in real estate?13:18 How did Wes’ wife support him as he transitioned to real estate investing full-time?15:34 What challenges did Wes encounter when he started wholesaling?17:26 What kind of mail pieces did Wes use for direct mail?18:30 How did Wes meet Ryan?20:18 What was Wes’ JV deal with Ryan like?22:42 What is the most profit Wes ever made on a wholesale deal?25:01 How can you connect with Wes? Links Instagram: Wes Steimelhttps://www.instagram.com/wessteimel/ Podcast: 054: From $30,000 In Debt To Making $50,000 In 6 Weeks with Mike DeHaanhttps://podcasts.apple.com/us/podcast/054-from-%2430-000-in-debt-to-making-%2450-000-in-6-weeks/id1667656532?i=1000629624965 Document: Joint Venture Agreementhttps://www.dealmachine.com/JV 7-Day Trial: Deal Machine Apphttps://www.dealmachine.com/pod

Do you want to quit your job and flip houses, but you kinda wonder about this wholesale real estate thing? Maybe you looked at a deal and were tempted to buy it yourself to flip it for a bigger profit than wholesaling... Hannah Martin and Lukas Dommer were bored in covid so they started a wholesale real estate business. Now they've done 129 deals, and tried flipping for a little bit. They're here to explain how they started, and how flipping is a different business than wholesaling. David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/ Key Talking Points of the Episode 00:00 Introduction01:00 How did Hannah and Lukas make thousands on their first deal?02:45 What happened when Hannah and Lukas advertised their first deal?03:40 How did Hannah and Lukas find a buyer for their first deal?05:48 What were Hannah and Lukas doing before getting into real estate?07:40 How did Hannah and Lukas find their 2nd wholesale deal?10:51 How long did it take for the fire damage deal to close?13:45 What did Hannah and Lukas learn from their 2nd deal?16:54 How did Hannah and Lukas find a buyer for the fire damage deal?21:47 What was it like for Hannah and Lukas to learn the ropes of wholesaling?23:44 What is the reality behind faking it til you make it?25:38 Why did Hannah and Lukas decide to focus on wholesaling?28:33 How can you connect with Hannah and Lukas? Links Document: Wholesaling Contracthttps://www.dealmachine.com/contract Instagram: Hannah Martinhttps://www.instagram.com/hannah_mar10 Instagram: Lukas Dommerhttps://www.instagram.com/lukas_dommer Instagram: Heritage Home Investmentshttps://www.instagram.com/heritage_home_investments Podcast: 071: How To Analyze A Real Estate Deal with David Leckohttps://podcasts.apple.com/us/podcast/071-how-to-analyze-a-real-estate-deal-with-david-lecko/id1667656532?i=1000634607727 

Do you feel like you're worth more than you're making at your job? CJ Hibbitts just side hustled his way to $13,000 from finding a run down house. He says this was the most dollar per time spent of anything he's ever done before. Listen to hear how wholesaling real estate allowed CJ to make $13,000 Key Talking Points of the Episode 00:00 Introduction01:10 How did CJ get into wholesaling?02:47 How did CJ find a deal from sending postcards?05:10 What was CJ’s motivation to get into real estate investing?06:37 How can you find leads by driving for dollars with Deal Machine?08:52 What signs of distress should you look out for when driving for dollars?10:07 How did CJ’s first visit to the house go?11:54 What issues came up when CJ visited the property?14:28 How did CJ come up with his offer for the property?16:39 How can having a mentor help you overcome analysis paralysis?17:49 What factors should you consider when calculating ARV?19:20 How did CJ calculate the ARV for his first deal?20:19 How did CJ present his offer to the seller?24:12 Why is it important to build a buyers list before finding your deals? David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/ Links Instagram: CJ Hibbitshttps://www.instagram.com/cjhibbitts/ Podcast: 071: How To Analyze A Real Estate Deal with David Leckohttps://podcasts.apple.com/us/podcast/071-how-to-analyze-a-real-estate-deal-with-david-lecko/id1667656532?i=1000634607727

Want more time with your family? Eric Brewer was working 80 hours per week when his first child was born, and he knew he needed more time to be with his family. As CEO of Integrity First Home Buyers, Eric leads a team of 35 and has completed over 3,000 real estate wholesale transactions. He talks about his transition from working at a car dealership and starting a business that gave him more time with family." Free Real Estate KPI & Metrics Guide:https://www.dealmachine.com/kpi-guide-youtubeFree e-book on finding motivated sellers:https://www.dealmachine.com/find-motivated-sellers-youtubeFree direct mail campaign e-book:https://www.dealmachine.com/direct-mail-guide-youtubeFree Worksheet for When the Seller Calls You Back: https://www.dealmachine.com/4-keys-worksheet-youtubeFree real estate investing e-book: https://www.dealmachine.com/rei-guide-youtubeSign Up for your Free Trial: https://bit.ly/3n4AMRx DealMachine is a Real Estate Investing Software that provides a Driving For Dollars Function to build an organic list of leads with a team of drivers, and List Builder that allows you to stay in sync with sellers’ situations on a weekly basis. David's Social: @dleckohttps://www.dealmachine.com/pod Ryan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/ Instagram: Eric Brewerhttps://www.instagram.com/eric_brewer_invest_Website: Brewer Methodhttps://brewermethod.com/home Key Takeaways 00:00 Introduction01:23 How did Eric discover real estate investing?05:27 What made Eric decide to step away from car sales?07:48 How did Eric start in the real estate space?11:32 How did Eric find his first deal?14:45 What was Eric’s first real estate deal like?18:06 How did Eric and his partner sell their first 4 properties?21:10 What is Eric’s strength and passion?22:17 What should people understand about entrepreneurship?24:24 How is wholesaling helping Eric provide opportunities for people?28:31 How did Eric get into novations?33:16 What do you need to know about novations?35:59 Why is it important to learn how to do novations?38:17 How can you determine if a property will do better when you novate it?42:33 Where can you learn more about novations from Eric? Links Promo: Deal Machine App Promohttps://www.dealmachine.com/pod Podcast: 071: How To Analyze A Real Estate Deal with David Leckohttps://podcasts.apple.com/us/podcast/071-how-to-analyze-a-real-estate-deal-with-david-lecko/id1667656532?i=1000634607727

Do you fear the golden handcuffs of your corporate job?Nick Perry was making $250,000 at Indeed, but he was working 60 hours per week. He knew the more he earned, the harder it would be for him to quit.So he began marketing to run down properties and building his real estate wholesaling business.Now he has replaced his MASSIVE W2 salary and does 35 deals per year from his permanent/ongoing vacation in Mexico.

Wondering if you have the skills to actually quit you job and 10 X you income on their own? Are you considering working with a business partner to wholesale real estate? After Ryan Haywood did 400 deals, he wished he didn't start with a partner and instead he wished he would have JV (Joint Ventured) in order to sell those deals for the top dollar. Ryan covers how to JV partner with no strings attached long-term so nobody feels unfair when one person eventually works harder than the other.

Do you want to pay off your student loans faster? Sadie paid off $16,000 of student debt in 11 months with her side hustle of looking for run down houses for a local real estate investor. If you want to be debt free faster, you can earn big checks by wholesaling real estate as a side hustle. We show you step by step what Sadie did in this episode.

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? 

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/