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All Forum Posts by: David Lecko

David Lecko has started 7 posts and replied 153 times.

Post: wholesale friendly attorney referrals

David Lecko
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 163
  • Votes 97
Quote from @Jonathan Greene:

@David Lecko probably knows of one. He is in Austin.


Hudly Title Phone: (512) 400-4210

Post: Fix and Flip plan

David Lecko
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 163
  • Votes 97
Quote from @Derek Farmer:
Quote from @Jaycee Greene:
Quote from @Derek Farmer:

Hello all,

I am 25 years old living in Indianapolis Indiana.  I would like to get a structure for fix and flipping in 2025 so that I can do it in my free time.  I believe that the Speedway area is where I would like to look first.  Long term goals in mind that I need a track record and capital for!  Been a listener of Bigger Pockets for while!

Hey @Derek Farmer. Are you looking to focus on SF fix/flips? Do have an idea of your preferred acquisition price and how much rehab might be required?


 As of right now we do not have any particular deal!  Still in the looking phase!  As of right now, yes just focusing on Single family fix and flips.  

I think it would be really lucerative to get into commercial spaces as well but as of right now we are primarily entertaining SF homes

Copy - glad you have good things to say about DealMachine. I am the owner actually. We have some of those calculators we plan to to add in 2025 for those who want it all-in-one. Hope that will help!

Post: Cold calling lists

David Lecko
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 163
  • Votes 97

I'm actually hosting a free cold calling challenge in January actually! Just google "DealMachine cold calling challenge"

Post: Cold calling lists

David Lecko
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 163
  • Votes 97
Quote from @Youssef Pullman:

Where do you guys get your cold calling lists from in dallas , Houston texas , am struggling finding a good data to work with and i have a team of 2 cold callers

Hey Youssef, I am the owner of DealMachine. The average connection rate is 25% when using our unlimited premium contact info along with our AI powered dialer. Better than any other data + dialer combination I have ever heard from anyone.

There is a 7 day free trial. It is $119 after that. Dialer is $.06 per minute. or $99 add-on for unlimited minutes for each cold caller.

Post: Virtual Wholesaling from Egypt

David Lecko
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 163
  • Votes 97
Quote from @Eyad Ahmed:

Starting my Virual wholesaling plan from egypt is quite challenging but doable i'm targeting indiana market with an established LLC and the deal machine software and mojo dialer and a presence whether on social media, a website,etc looking to connect with realtors as I'm looking to start novations as well alongside wholesaling any recommendations about my plan or tips and trick's on how to close my first deal, also if there is any buyers in, fort wayne, indiana polis,munchie drop your email to add you to our end-buyers list also any recommemdations of title company that deals with digital banking for example: mercury,wise,relay and is investor friendly


I am the owner of DealMachine and also have 19 properties in Indianapolis. I am a buyer - my buy box is 200k ARV, all in $150k after repairs, rents for $2000 per month. A little lower ARV is also ok.

I like to use Hocker Title. They are investor friendly and popular amongst wholesalers.

Post: Track Driving for Dollars?

David Lecko
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 163
  • Votes 97
Quote from @Cherie Carr:

Hi there!

I'm curious if anyone has a great system they'd like to share. When I'm driving and see a property I may be interested in learning more about, I text myself the address or a picture. Its not ideal. I really would like an app or site that allows you to compile a list of properties with notes on the spot, and bonus points if it pulls up any info on the property as well. 


How do you handle organizing this? Thanks!


Hey! I own DealMachine and I created the app to do exactly what you're asking for. Here's how to pin a house and the information it shows. 

There is a 7 day free trial and it is $119 after that. It also allows you to search 400 property and property owner consumer fields, in addition to being a driving for dollars tool.

Post: Where to collect data?

David Lecko
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 163
  • Votes 97
Quote from @Tanner King:

Where are the best places or best ways to collect data on specific markets?

Average rental rates, vacancies, competition, growth, appreciation, etc..

Ive heard of scrolling through Zillow and collecting information by looking at properties for sale/rent but was wondering if there is a site where all of this information is easily accessible or any ideas for better ways to go about it.

Thanks in advance!

Hi, I am the owner of DealMachine. Here's how to find data on vacancies in San Antonio using DealMachine. BTW there is a free trial and the Starter monthly plan is $119.

It also allows you to search through consumer information such as property owner "credit worthiness," Credit card usage, buying power, age, language, family members in the house, and many other fields that are above and beyond property characteristics, which is unique.

Post: Marketing Strategy Off Market Leads

David Lecko
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 163
  • Votes 97
Quote from @Taylor Dasch:
Quote from @David Lecko:
Quote from @Preston Dean:

@Chris Seveney

I've heard deal machine as a sponsored ad on the BP podcast years ago. Wonder why the reviews aren't so hot

Hey Preston, I am the owner of DealMachine. Happy to answer any questions or concerns. 

Since you are an investor friendly agent that drives for dollars, I would invite you to try out the AI which looks at google images and satellite images to tell you if the property is distressed. IT will save you time and cost less than gas.

The AI can also look at your past deals and generate a marketing list of similar owners.

It has been getting amazing reviews since we released in November 2024


 That sounds like a great idea, does it pull from google images that were recently taken? How can we get this. I am not too familiar with the way google images works. 

I made an image showing the steps how to have AI drive for dollars for you in DealMachine. Btw a trial is free for 7 days, Starter plan is $119 after that. AI costs $.02 per property analyzed - so narrowing down in step 2 is there to keep the cost low and the list targeted.

Post: Deal Machine Customer Service

David Lecko
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 163
  • Votes 97
Quote from @Ken M.:
Quote from @David Lecko:
Quote from @Mike Montanye:

I have been researching wholesaling as an investment option. I stumbled upon Deal Machine as a tool to aid in the process. This appeared to be everything I was missing. I signed up for the 7 day trial. I created lists, searched virtual markets and was able to skip trace all of these for free...or so I thought. At no time was I informed that what I was doing was going to cost money. I'm not even sure what I did that needed to be paid for. But they auto-deposited $50 into my "marketing account." I now have $48.61. When I talked to a rep they said I could not be refunded that amount and now my trial has expired, so in order to spend my $48.61 I would need to spend $59 for the month. 

Service seems useful. But be careful with your trial. Zero help getting that balance back. Just kept telling me to send some postcards...

Never again with Deal Machine. 
 

Hi Mike, really appreciate you sharing this. I am the owner of DealMachine and take personal responsibility for making sure we communicate clearly and have issued a refund to you (the initial charge was April 2023 and it is 2025 now... sorry it took so long to see this).

Direct mail is a hard cost, so when you send out direct mail, you get the first 20 free during the free trial. 

Any additional mail costs $.50-$.76 depending on the size... so to prevent you from having hundreds of $.50 charges on your credit card, the default "reload" is $50 (you can set this to whatever you like in the app).

Hope this helps...

.
@David Lecko: I appreciate your dealing directly with these "complaints" 

Personally, I find it to be a very useful tool for the purposes I use it. Over the years, I've spent thousands of dollars on probably 90% of the available list services. You know who your competitors are, so I don't need to name them. 

I use DealMachine, and I'm happy with it (I read the instructions you provide at the site, so I actually wasn't surprised by anything). Don't worry about minor complaints, you are doing a fine job.

Just one question, ALL sites have a delay in data from MLS updates, and from court reported information, and so on, is that a function of a monthly update routine or can the information be updated a little more frequently?

We intake county record updates daily. The counties themselves take 2-4 weeks to record a document online. Once the county has it published, you should see it in DealMachine under "review updates."

Clicking Acknowledge would stop any more direct mail from sending to the old & new owner

Post: How to buy two rentals in one year?

David Lecko
Professional Services
Pro Member
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 163
  • Votes 97
Quote from @Gregory Schwartz:

I have 2 very close friends who grew well beyond 2 rentals with this strategy. 

Call every local investor agenda (look at the agents that have investment property listings and call them) and call every local landlord that owns multiple properties (you can get lists off of Deal Machine). Tell them you want to get into investing and ask them if they know of anyone who might be interested in seller financing. 

Good luck

Yes! You can get the "owners of multiple properties" list in DealMachine, and also DealMachine has pierced the corporate veil! With LLC Owner Match, DealMachine connects people to companies and companies to properties allowing you to find the owner or registered agent for nearly every corporate owned property in the country. Even when an LLC is owned by another company, DealMachine can find you the owner going as many as 5 levels of ownership deep.

I am the owner of DealMachine... lmk if there's anything I can do to help