The DealMachine Real Estate Investing Podcast

David Lecko, Ryan Haywood

Welcome to the DealMachine Podcast, where we help you get more out of your wholesaling business by showing you what’s working around the country. We talk to real estate investors who are actively closing deals right now. You’ll hear how they generate leads, what their marketing costs look like, how they comp properties, and what their assignment fees actually are. Cold calling. Direct mail. SMS marketing. Dispositions. Hiring. Scaling. We focus on what’s producing revenue in today’s market — and what isn’t. If you’re already wholesaling, this will help you tighten your process, improve your margins, and make smarter decisions. If you’re newer, this gives you visibility into what the business looks like once it’s working. You’ll understand the numbers, the systems, and the mistakes to avoid before you scale. The goal is simple: more predictable deals and a stronger operation. Subscribe and leave us a review! Start a free trial of DealMachine: https://www.dealmachine.com/pod

  1. Sep 18

    590: The Hard Lessons Behind 17 Years in Real Estate

    Frank Iglesias shares the hard lessons he’s learned from 17 years in real estate and hundreds of deals. He explains how renovation delays and overlooked details can turn a promising deal into a loss. We also discuss understanding what sellers actually want, finding deals through relationships, and why he now prefers simpler projects. Whether you’re chasing your first deal or growing your business, Frank’s experience can help you avoid some expensive mistakes.   KEY TALKING POINTS: 0:00 - Intro & Frank Iglesias’ 17 Years in Real Estate 2:12 - The $30,000 Fence Story 6:00 - Why Fences Matter to Wholesalers 7:38 - Getting Started with Foreclosures 8:58 - Why Flipping Is Hard Now 10:35 - Targeting Reasonable Sellers 16:06 - First Wholesale Deals 20:39 - Evolving Marketing Strategies 23:52 - Building a Lean Team with AI 26:30 - Lessons from Billionaires: Business Is People 29:59 - Betrayal & Hell on Earth Story 31:16 - Comps vs. Market Trends 34:43 - Favorite Exit Strategies & Wholetailing 37:46 - Where to Connect & Substack 39:03 - Advice: Play the Long Game 41:03 - Outro   LINKS: Instagram: Frank Iglesias https://www.instagram.com/frank.iglesias/   Website: REI Coaching With Frank https://www.reicoachingwithfrank.com/   Instagram: David Lecko https://www.instagram.com/dlecko   Website: DealMachine https://www.dealmachine.com/pod   Instagram: Ryan Haywood https://www.instagram.com/heritage_home_investments   Website: Heritage Home Investments https://www.heritagehomeinvestments.com/

    590: The Hard Lessons Behind 17 Years in Real Estate
5
out of 5
390 Ratings

About

Welcome to the DealMachine Podcast, where we help you get more out of your wholesaling business by showing you what’s working around the country. We talk to real estate investors who are actively closing deals right now. You’ll hear how they generate leads, what their marketing costs look like, how they comp properties, and what their assignment fees actually are. Cold calling. Direct mail. SMS marketing. Dispositions. Hiring. Scaling. We focus on what’s producing revenue in today’s market — and what isn’t. If you’re already wholesaling, this will help you tighten your process, improve your margins, and make smarter decisions. If you’re newer, this gives you visibility into what the business looks like once it’s working. You’ll understand the numbers, the systems, and the mistakes to avoid before you scale. The goal is simple: more predictable deals and a stronger operation. Subscribe and leave us a review! Start a free trial of DealMachine: https://www.dealmachine.com/pod

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