The DealMachine Real Estate Investing Podcast DealMachine Masterclass

If you want to 10x your income and replace your w2, our guest today explains how he went from making $500 per week working at a restaurant to making $15,000 per week marketing for solar panel leads. This did not happen overnight, but he did a very similar style of marketing to wholesaling real estate, which is why we thought you'd enjoy this episode a lot.

Key Talking Points of the Episode

00:00 Introduction
01:11 What is Kyle’s background?
03:15 How does Kyle market to homeowners?
04:30 How does Kyle manage his team?
05:14 Why did Kyle decide to get involved in the solar business?
07:07 How long did it take for Kyle to replace his $500 salary?
08:16 How does Kyle help solar installers with marketing?
09:45 What are the benefits of working this business model?
11:08 How does Kyle manage the leads they generate for the solar industry?
12:38 How can you get involved in lead generation for the solar industry?
14:45 What type of properties does Kyle target for their solar deals?
16:42 How many projects would it take to make $15K with Kyle’s deal model?
18:12 What does the future look like for Kyle and his team?

Links

Instagram: Kyle Grant
https://www.instagram.com/kyle__grant/

Instagram: David Lecko
https://www.instagram.com/dlecko

If you want more income and time freedom, our guest demonstrates the potential of wholesaling real estate with a total of 500 deals in 8 years, while moving to a new city every year to support his wife's military career.

Key Talking Points of the Episode

00:00 Introduction
01:06 How did Derek find his first wholesale deal?
02:55 What made Derek decide to get involved in real estate?
04:07 Why is Derek only focused on wholesaling in one market?
05:13 How has Derek wholesaled properties through the years?
06:00 What was Derek’s smallest assignment fee ever?
08:32 How has wholesaling changed over the last 8 years?
09:28 Why shouldn’t you build a business around free leads?
10:13 What are the best ways to find off market deals?
11:34 What are the lists that Derek sends marketing to?
12:11 How does Deal Machine help cut costs in skip tracing?
15:04 How can you get in touch with Derek?

Links

Youtube: Real Estate Dad
https://www.youtube.com/@TheRealRealEstateDad/

In this conversation, David Lecko and Ryan discuss advice from Eric Stark, a full-time real estate investor with over 600 deals under his belt. They cover topics such as working a specific strategy, specializing in one thing before adding to it, finding a mentor, making written offers, developing off-market lead generation systems, using profits to keep good deals, and being clear on goals and enjoying life. They emphasize the importance of focusing on one strategy, building relationships with city officials, and being mindful of personal and business finances.

Key Talking Points of the Episode

00:00 Introduction
01:10 How did John find his first wholesale deal?
02:23 What strategy did John use to market to sellers?
03:13 How did John analyze the value of the property virtually?
04:03 How did John come up with the offer price for this property?
05:41 What response did John get from his offer?
06:26 How does John plan to find a buyer for his first wholesale deal?
07:32 What is John stuck on with this wholesale deal?
08:23 What makes finding a buyer challenging?
10:23 How can real estate agents help you re-negotiate the price with the seller?
11:41 How did John come up with the ARV for the property?
13:48 What would the numbers be if we ran them in Deal Machine?
16:15 How can John make the deal work?

Real estate agents and real estate wholesalers do not always see eye to eye, but it is possible to actually work well together. Today we speak with our co-host and wholesaler, Ryan Haywood, along with his real estate agent, Chuck Davis, to find out how they are able to better serve clients by working together.

Key Talking Points of the Episode

00:00 Introduction
01:11 How can wholesalers and realtors work well together?
03:41 How could realtors benefit from working with wholesalers?
05:17 What should realtors know about working with wholesalers?
07:37 How can realtors help wholesalers find good off-market deals?
10:29 How did Chuck and Ryan start working together?
12:49 What are the benefits of working with realtors?
16:16 Why does it make sense for realtors to work with wholesalers today?
18:16 When should wholesalers start working with realtors?
20:42 How can you get in touch with Chuck?

Links

Facebook: Chuck Davis
https://www.facebook.com/chuckdavisrealestate

You're here because you want to break the shackles of your nine to five and start a business that gives you more time freedom in your life. The proven business model we're covering on this podcast is wholesaling real estate, which is a strategy where you find a rundown house, you pass it to an investor to make $10,000 like our guest Andrew did exactly a year ago. And he's now done about eight deals so far. And he's finding out that wholesaling is a great strategy, but there's something new he learned that he's actually doing even more of called Novations. So he's gonna talk about what this real estate tool is and how you can use this in your tool belt as a real estate wholesaler so that you can help more people and make more money. My name's David Lecko. This is the podcast for 10Xing your income and replacing your W-2 through wholesaling real estate. I created a process called Deal Machine that's helped people close 10,000 deals on all 50 states in the last seven years.

Key Talking Points of the Episode

00:00 Introduction
01:15 How did Andrew find his first wholesale deal?
02:00 Why did Andrew decide to build a buyers list first?
03:23 How did Andrew meet with cash buyers he added to his list?
04:20 What was the first list that Andrew marketed to?
05:34 What is Andrew’s background?
06:32 What was it like when Andrew first started wholesaling?
07:46 How many deals has Andrew done since he started wholesaling?
08:42 What was the biggest surprise Andrew had in wholesaling?
10:40 How is a novation different from wholesaling?
12:30 When would a novation work best for a deal?
14:10 Why should you do 3 novations every 1 wholesale deal?
15:05 Why would novations work better than listing with a realtor?
16:07 What is Andrew looking forward to?
17:28 How has Deal Machine helped Andrew in his real estate business?

In this conversation, David Lecko and Zach Booth discuss the driving for dollars strategy in real estate wholesaling. They cover the four categories of properties to look for: rundown properties, absentee owner properties, owner-occupied properties, and corporate-owned properties. They emphasize the importance of adding any properties with signs of distress to your marketing list, regardless of ownership type. They also discuss the effectiveness of different marketing strategies for each category and the importance of prioritizing your time and resources. Overall, the driving for dollars strategy can be highly profitable and allows for scalability and freedom.

Key Talking Points of the Episode

00:00 Introduction
01:15 What are the 4 kinds of properties to look for when driving for dollars?
03:05 Why is it worth marketing to owner-occupied properties?
04:49 What is the best way to market to corporate-owned properties?
07:07 How can you find contact information for corporate-owned properties?
10:45 Why is it important to still drive for dollars in person?
12:30 What are the best ways to make the most of your driving for dollars list?
13:40 How can you make driving for dollars more convenient with Deal Machine?
15:08 What are the most important kind of properties to market to?
17:01 Why are owner occupied properties more profitable than the rest?
18:36 How can the Driving for Dollars Mastery podcast help you get started?

Links

Podcast: Driving for Dollars Mastery
https://podcasts.apple.com/in/podcast/driving-for-dollars-mastery/id1570543403