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All Forum Posts by: David Lecko

David Lecko has started 7 posts and replied 157 times.

Post: Question about deal machine and flipster

David Lecko
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 169
  • Votes 105

@Nate Harris I can answer any questions about DealMachine

Post: I drove for dollars...now what?

David Lecko
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 169
  • Votes 105

@Eric Goodman thanks for the shout out!

Post: What to say when sending direct mail

David Lecko
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 169
  • Votes 105

@Blaine Conley dealmachine also has a truly ballpoint pen written letter launching soon

Post: Who can i wholesale?

David Lecko
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 169
  • Votes 105
Originally posted by @Lydia R.:

@JoAnn Laws Properties owned by LLCs are most likely REOs (bank owned) or owned by another investor. You can pursue these leads, but your best bet is to work directly with individual homeowners

Yes! We actually recommend building your buyers list by sending the LLC owners a slightly different postcard saying "Do you want to buy more properties like this"

Post: Should I expand to a Virtual Assistant (Onlinejobs.Ph)

David Lecko
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 169
  • Votes 105
Originally posted by @Jay Jonez:

Hi Everyone, had a question about hiring a virtual assistant from Onlinejobs.Ph .Whats your experience with a VA? and I want to expand but I guess I want to make sure it time to?

I've been wholesaling going on a year next month and I have been blessed to be able to close 6 deals while having a full time job. I am looking to hire and train a VA to take cold calls for me for 5-8 hours a day M-F . For the last 5 months I have been cold calling but since March using the Mojo Dialer for average of 2 hours a day Mon-Fri. My goal is to a hire a qualified VA who will be able to pre-qualify leads and set appointments. More appointments = better chance of getting a contract.

At the moment my business looks like this:

-I cold call for 2 hours a day after work,  If Im lucky during work hours  5p-7p (you didn't hear that from me lol ).

-Mon-Thurs: Put leads in database from 11p-Midnight  (on Saturday I get the list completed and skip traced), 

-Friday: Put out bandit signs 

-Saturday at least 2-3 hours driving for dollars (using DealMachine) which gets added to my database which I get skip traced after my drive.

My goal is to outsource the cold calls to the point that I just get the warm leads and appointments. 

I have hired 3 VA's from the Phillipines with excellent english... one tip that has worked well for me is this: you're going to get a TON of interest when you post a job to the job site. I'd recommend hitting them all back with a canned message saying "thanks for applying, now please send me a 2 minute video of yourself answering a few questions. (you could ask fun questions like WHAT IS A QUIRK ABOUT YOU? or PLEASE DESCRIBE WHAT MY COMPANY DOES..." You'll get to filter down the applicants quickly this way because many will not take the time to submit a video, only the serious ones. And you'll also get to see their personality and english skills quickly without doing a lot on interviews. I hope this helps if you decide to try hiring a VA!

Post: Is DealMachine a good tool to use?

David Lecko
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 169
  • Votes 105
Originally posted by @Jonathan Newsome:

@Lamar Robinson I’ve personally used it, I like the app very much. The information provided such as mailing address and contact info is not bad either. Most of the properties I’ve found, I was able to successfully reach the owner. There will be a few properties with no phone number, but a little DD will help ya out there. Also, the new gps tracking on the app is very useful.

 Glad you're loving the app and the route tracking feature! You can also add other people as drivers for you to look for deals for you... that route tracking feature can help you stay organized and make sure people don't add duplicate properties

Post: Using DealMachine app

David Lecko
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 169
  • Votes 105
Originally posted by @Lamar Robinson:

@Lydia T.I totally agree the only marketing that I have been using is postcards through DealMachine but starting today I will be cold Calling all of the numbers I get from my advanced search.

 I wanted to add that dealmachine is just a tool that automates driving for dollars. So whether you use dealmachine or not, driving for dollars is a great way to find deals. We have found that it takes at least finding 200 distressed homes, and following up with each other 3x over the course of 3 months. So keep going! Consistency is key!

Post: DealMachine - any good?

David Lecko
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 169
  • Votes 105
Originally posted by @Canesha Edwards:

@Jared Abbott

Hello Jared,

I used Deal machine briefly. I believe the monthly price is too high. The app is pretty accurate in terms of recording addresses. However, enhanced searches ( provides phone numbers) or to sending mailers directly from the app cost an additional fee. If you have a decent size marketing budget, then the app might be a good fit. Just my two cents.

 Totally get having a smaller budget when starting out. I wanted to share something that would be helpful, even if you're not using dealmachine. If you're driving for dollars, we've found that it takes finding 200 distressed homes, followed up with 3x each over the course of a few months. So that would be a good goal for you if you're going to drive for dollars! DealMachine can just make things easier and more scalable for ya once you are ready!

Post: DealMachine - any good?

David Lecko
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 169
  • Votes 105

Glad to hear more than one of you having a positive experience with dealmachine! 

Post: New To Wholesaling & Bigger Pockets

David Lecko
Posted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 169
  • Votes 105

Welcome @Kyshawn King keep adding those properties to dealmachine! We have found that when it comes to driving for dollars, you have to find AT LEAST 200 run down looking houses, and follow up with them 3 times each over the course of several weeks, in order to get a deal. Keep on going!