The DealMachine Real Estate Investing Podcast

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 Introduction

01:10 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: @dlecko

https://www.dealmachine.com/pod

Ryan's Social: @heritage_home_investments

https://www.heritagehomeinvestments.com/

Links

Instagram: CJ Hibbits

https://www.instagram.com/cjhibbitts/

Podcast: 071: How To Analyze A Real Estate Deal with David Lecko

https://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-youtube

Free e-book on finding motivated sellers:

https://www.dealmachine.com/find-motivated-sellers-youtube

Free direct mail campaign e-book:

https://www.dealmachine.com/direct-mail-guide-youtube

Free Worksheet for When the Seller Calls You Back: https://www.dealmachine.com/4-keys-worksheet-youtube

Free real estate investing e-book: https://www.dealmachine.com/rei-guide-youtube

Sign 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: @dlecko

https://www.dealmachine.com/pod

Ryan's Social: @heritage_home_investments

https://www.heritagehomeinvestments.com/

Instagram: Eric Brewer

https://www.instagram.com/eric_brewer_invest_

Website: Brewer Method

https://brewermethod.com/home

Key Takeaways

00:00 Introduction

01:23 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 Promo

https://www.dealmachine.com/pod

Podcast: 071: How To Analyze A Real Estate Deal with David Lecko

https://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 Lecko

https://www.instagram.com/dlecko/

Key Talking Points of the Episode

00:00 Introduction

01:12 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 Lecko
https://www.instagram.com/dlecko/

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: @dlecko

https://www.dealmachine.com/pod

Ryan's Social: @heritage_home_investments

https://www.heritagehomeinvestments.com/

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 Introduction

03:27 Driving for dollars

04:20 Tax delinquent lists

05:30 Liens

07:30 Code violations

09:07 Pre-foreclosures

10:57 Evictions

12:00 Arrest records

13:26 Foreclosures

14:14 Vacant homes

14:16 Expired listings with high equity

14:36 Tired landlords

14:56 Senior owners over 65

15:09 Zombie properties

15:45 Absentee owners

16:13 Out-of-state owners

17:37 Learn about having conversations for your first deal

Links

Podcast: 068: 4 Convos To Your First Wholesale Real Estate Deal

https://podcasts.apple.com/us/podcast/068-4-convos-to-your-first-wholesale-real-estate-deal/id1667656532?i=1000633828538

Podcast: MC18

Instagram: David Lecko

https://www.instagram.com/dlecko/

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_investments

https://www.heritagehomeinvestments.com/