202 episodes
The DealMachine Real Estate Investing Podcast DealMachine Masterclass
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- Business
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5.0 • 370 Ratings
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It is a tragedy that 95% of the country is brainwashed into believing that you have to work 50 hours per week for 50 years just to retire. By that point, you might not even enjoy your time off!
This podcast helps you escape the traditional 9-5 and embark on a fulfilling, financially rewarding journey.
We will show you how it is possible to make your annual salary, monthly through a proven business model called wholesaling real estate.
Why wholesaling real estate? This perfect strategy doesn't require significant capital to actually purchase the property yourself, it allows you time freedom without being at someone’s beck and call, and you can make 15% of each deal. You simply find distressed properties and connect them with investors. It's a flexible and scalable way to enter the world of real estate without many of the traditional barriers and offers 5 figure paydays.
If you're a newcomer to this world, this podcast is specifically designed for you. Here's what you can look forward to:
Wholesaling 101: We break down the ABCs of wholesaling. And no, 'B' doesn't stand for 'Boring.'
Beginner’s Bootcamp: Think of this as your training wheels in real estate, only a lot less embarrassing than the ones on your childhood bike.
Action Steps: Get ready to jot down exactly what to do next.
Support Squad: Dive into a community of fellow newbies with experts we bring in to help. You will achieve success much faster when you have access to people who have achieved what you want to achieve, and the support from those on the same path.
Ready to get started? Let's get you listening all the way to the bank.
Subscribe and leave us a review!
Sign up for a free trial of DealMachine : https://www.dealmachine.com/pod
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169: Your First Month Wholesaling - Can You Make $96k?
Lance made $96k in his first month wholesaling 4 real estate deals in 2016 and now he talks about why he still loves single family homes over multi family.
Key Talking Points:
00:00: Introduction to the podcast and guest's success in wholesaling.
00:20: Discussion on starting with a large volume of direct mail and host introductions.
01:06: Introduction of Lance Wakefield and his entry into wholesaling.
01:19: Lance discusses his initial strategy and details of his first four deals.
01:48: Explanation of the deals and Lance's decision to wholesale.
04:01: Transition from viewing wholesalers negatively to engaging in wholesaling.
05:02: Evolution of Lance's business and approach to wholesaling, seller financing, and holding properties.
06:25: Discussion on contracts used in wholesaling and benefits of tailored contracts.
08:20: Benefits of custom contracts and built-in 15-day extension.
10:31: Promotion for Deal Machine Unveiled event and the URL.
12:20: Lance's current business operations and comparison between rentals and seller financing.
14:02: Explanation of the difference between wholesaling and novation.
16:49: Breakdown of overhead expenses and business structure.
18:37: Strategy for focusing on bigger opportunities, including package deals and refinancing.
20:21: Reasons for targeting smaller multifamily units and packages of single-family homes.
22:10: Closing remarks and where to find Lance Wakefield on social media.
Links and Resources Mentioned:
Deal Machine Unveiled Event: dealmachine.com/unveiled
Instagram: https://www.instagram.com/lancewakefield/
Facebook: https://www.facebook.com/lancewakefield
TikTok: https://www.tiktok.com/@lancewakefield
Podcast: https://podcasts.apple.com/us/podcast/pursuit-of-prosperity/id1498765055 -
168: Is Flipping Land Easier Than Flipping Houses?
Michael turned $100 into $1000 with his first land flip, and after 30 years in the house flipping business, only flips land now to keep his profit high and his life simple. Learn the basics of flipping land and how it compares to flipping (wholesaling) houses.
Key Talking Points of the Episode
00:00 Introduction
00:44 How did Michael find his first land wholesale deal?
02:05 How did Michael find the seller of the property?
03:04 Why did Michael switch to doing land from appraising and flipping houses?
04:26 What was Michael’s second land deal like?
05:19 What kind of land deals is Michael doing today?
07:26 Why is it important to prioritize your buyers before your deals?
08:49 How does Michael find buyers for his land deals?
10:49 What is it like to work with Habitat for Humanity on land deals?
11:54 What marketing channels does Michael use to market to land sellers?
12:38 What are the benefits of building niche lists to market to?
13:15 How is Michael’s business structured today?
14:04 How does the Unlimited Information feature on Deal Machine help wholesalers?
15:39 Where can you join Michael to learn more about land flipping?
17:07 What is Michael’s advice for investors who are looking for their first deal?
Links
Website: Deal Machine Unveiled
https://www.dealmachine.com/unveiled
Facebook Group: Land Flipping 4 Real Estate Professionals
https://www.facebook.com/groups/landflipping4realestateprofessionals
David's Social: @dlecko
https://www.dealmachine.com/pod
Ryan's Social: @heritage_home_investments
https://www.heritagehomeinvestments.com/ -
167: Has Skip Tracing Gotten More or Less Accurate?
This one's for anyone who's looking for their first real estate deal and is using phone number contact information as your primary way of getting in touch with property owners. I've actually included a talk that I gave to the nation's largest house flippers. You have to be doing over a hundred flips per year to be in this group. I recorded the live so that you could see how we help them increase the conversations they're having by 50%, which can help you get your first deal even faster.
Key Talking Points of the Episode
00:00 Introduction
01:03 Who is the Deal Machine app for?
02:17 What is skip tracing like for real estate investors?
03:35 How does Deal Machine help make skip tracing easier for its users?
05:18 Why do most data providers fail to generate accurate information?
07:08 How does Unlimited Contact Info on Deal Machine close the gap in skip tracing?
08:04 How does the Unlimited Contact Info feature on Deal Machine work?
10:53 How can you access the Unlimited Contact Info feature on the Deal Machine app?
12:56 How has Unlimited Contact Info helped us with an on-market deal?
15:23 What would it cost to access Unlimited Contact Info on the Deal Machine app?
Links
Event: Deal Machine Unveiled
https://www.dealmachine.com/unveiled
David's Social: @dlecko
https://www.dealmachine.com/pod
Ryan's Social: @heritage_home_investments
https://www.heritagehomeinvestments.com/ -
166: What Is The Best App For Wholesaling Real Estate?
The DealMachine App CEO Is Interviewed About The Future of Real Estate Technology. Attend our July 1 Free Live Event To Be Among The First To See The Latest Innovations In The Real Estate Industry DealMachine.com/unveiled
Key Talking Points of the Episode
00:00 Introduction
01:53 What is the story behind Deal Machine?
03:20 What sacrifices did I have to make for Deal Machine?
05:30 What was the turning point that brought me to real estate?
09:02 How did I get started in finding real estate deals?
10:02 What led me to getting the Deal Machine app on the market?
12:30 How much has the Deal Machine app grown through the years?
15:14 How does the Deal Machine app make finding deals easier?
17:20 What influences the innovation of the Deal Machine app?
18:20 What does API mean?
21:00 What does the competition look like for Deal Machine?
23:21 Where did my drive to pursue real estate come from?
24:41 What does the future look like for Deal Machine?
27:38 What can you learn from the Deal Machine podcast?
Links
Website: Deal Machine Unveiled
https://www.dealmachine.com/unveiled
David's Social: @dlecko
https://www.dealmachine.com/pod
Ryan's Social: @heritage_home_investments
https://www.heritagehomeinvestments.com/ -
165: How To Wholesale A Real Estate Deal
In today's episode we are going to walk you through the simple steps to getting your first wholesale deal and do it quickly.
Your host is Ryan Haywood and back in 2019 he left his 9 to 5 job and pursued full -time wholesale and in two weeks I secured his very first deal earning $8,500. His second deal was $20,000
Ryan has gone on to do 425 transactions since then in the last 5 years and has never looked back.
Key Talking Points of the Episode
00:00 Introduction
01:00 What do you need to do to start wholesaling?
04:01 What will your first deal make you realize?
05:41 What are the top fears of people when getting into wholesaling?
07:17 How can having a coach help you get over your fears?
09:16 What can you learn from joining a mastermind?
10:05 What kind of support can you get from Deal Flow Academy?
Links
Coaching Program: Deal Flow Academy
https://www.skool.com/deal-mentor-academy-4559/about
David's Social: @dlecko
https://www.dealmachine.com/pod
Ryan's Social: @heritage_home_investments
https://www.heritagehomeinvestments.com/ -
164: 7 Ways To Get A Killer Real Estate Deal
In today's episode, we are going to walk you through seven reasons why people want to sell their homes at a huge discount. There's many different things that we can uncover in terms of why people are motivated to sell and what you need to look for as a wholesaler to secure that deal.
Key Talking Points of the Episode
00:00 Introduction
01:29 What are the requirements to start wholesaling real estate?
02:10 Medical conditions, death, and distress
04:51 Family stress
06:27 Tax delinquency
08:47 Distressed or retired landlords
11:56 What are the benefits of driving for dollars?
David's Social: @dlecko
https://www.dealmachine.com/pod
Ryan's Social: @heritage_home_investments
https://www.heritagehomeinvestments.com/
Customer Reviews
Great podcast, great information!
This podcast is great! I love the detailed info, and the host. Take a listen, you won’t be disappointed!!
Deal Machine is Awesome
Very informative info on these podcast
Ditch your W2!
Great resource!
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