dealmachine driving for dollars

Now that you know about DealMachine and how it can benefit your real estate career, I'm excited for you to start achieving financial freedom and start building your own list of off-market deals. Build Generational Wealth through real estate. Overview This chrome extension will grab the address from a google map pin and input the property as a deal in your DealMachine account. 29:00 What do I become a Deal Machine affiliate? We have integrated virtual driving for dollars on the DealMachine website.Please check this article to learn more, How to drive virtually on the DealMachine website. Written byEddy Ballesteros Personal Finance & AI Expert: Learn More. Forgot Password In this training we will familiarize you with our 5 steps to see success. The Dealmachine app makes driving for dollars easy! Take a few minutes to check out this Deal Machine tutorial demo video on how to super-charge driving for dollars. Eddy is also well-knowledged in personal finance and committed to sharing his knowledge and expertise with his readers. Revenue: $5 to $25 million (USD) Competitors: Unknown. Virtual Driving for Dollars, Chrome extension, Virtual D4D. You can basically say that the DealMachine app is driving for dollars on steroids as it has so many features that allow you to get in contact with the direct seller all through your phone. Below is a screenshot of what you would see on the DealMachine website when driving for dollars virtually.A. BOOK A CALL WITH DAVID'S TEAM TODAY! Book A Call: https://www.discountpropertyinvestor.com/coaching-application Mastermind: https://www.discountpropertyinvestor.com/mastermind Make sure to SUBSCRIBE \u0026 turn on NOTIFICATIONS! Click and drop him anywhere on the map. Phase 2 of our website relaunch is now live which means there are lots of great new features. We dont sell, rent or share your information. With Deal Machine app you can create your very own list of distressed properties and get in contact with those sellers. Real estate investors can click around in Google Street View and look for run-down houses. DealMachine Starter Plan. Updated over a week ago We have integrated virtual driving for dollars on the DealMachine website. 8:05 Adam feels REALTORS fall in 3 categories when it comes to getting new leads, 11:50 Including a recent picture on postcards has a much higher response rate, 12:38 A ballpoint pen written letter gets a higher response rate and can be ordered through Deal Machine, 14:00 Before software was available, driving for dollars was very inefficient for Adam, 15:00 You can set up investment criteria ahead of time so only the most desired properties are highlighted. Do you plan on driving for dollars from YOUR couch? Starter $59 /mo Just getting started? Contact homeowners and pitch your offer. Best of all, were kicking things off by handing out FREE lifetime Pro memberships to everyone. 1 full-access team member (team owner) Driving for dollars. This allows you to pick up where you left off on your previous drive, make sure you are not skipping streets and make sure you are not driving down the same street twice. Get started here. Start Free 14 Day Trial Now And Get 15 Free Deal Credits! Deal Machine automates driving for dollars to find wholesale real estate deals. When you complete this subject you will learn: Know the key advantage of driving for dollars, Calculate how many run-down houses do you have to find, Budget and plan your timeframe for getting a deal, Live Online Training: How to Wholesale Your First Deal, Understand the advantages of wholesaling over other exit strategies, Answer your phone comfortably when a seller calls, Live Online Training: How to Generate and Get Deals with List Builder. With Deal Machine you can start completely for free with their complete CRM system so you can manage your potential leads. 5:55 How does Deal Machine help investors contact absentee owners? Welcome everybody to the st louis realtor podcast Im your host Adam Kruse live today from my backyard here in St. Louis, Missouri Im super excited because we have a guest here matt camp hes a stainless i guess native right yeah something like that born and raised for sure yeah were uh Im excited to talk to you today matt because youre I guess the rep for this new exciting thing called deal machine yep which well get into all about what that is but you know its real estate related its for real estate investors I think realtors can probably use it too its an interesting way to find deals and uh matt welcome thanks for being here today yeah thanks again for having me I was just complimenting your background so Im a little jealous i need to figure out my outside setup there but yeah you can tell im in like a south st louis city basement thats finished off a little bit so uh yeah im a you know definitely a family with native its funny mad because as a realtor i can look at your background and i can tell that that you havent been able to stack stone foundation you have its about two feet or so thick uh one of those windows probably used to be a um cold shoe but it looks like somebody opened them up at some point to be more like a lookout style so its more of a living area down there yep nailed it yeah guessing you dont have a lot of moisture issues although youre not supposed to paint those kind of foundations really but you know hey its all good it came like that but hey yeah the moistures not too bad yeah yep exactly so thanks for being here today and although you are a very interesting guy and I have a lot of questions I want to ask you in general um i think its your sort of affiliation with this with this is it an app called deal machine that we wanted to have you on today so do you mind giving us kind of the general overview our listeners by the way are anyone from people kind of interested in real estate people that are real esters realtors investors i used to say amazing would listen shes passed away now uh we love her but uh you know any anyone in the world can listen so give us a little overview of the deal machine yeah no for sure i mean uh i think um you know its cool to hear a lot of people uh listening to this are you know newbies or looking to get into real estate investing or maybe theyve done a deal or a couple you know earlier on in their in their real estate experience or real estate investing experience yeah because i think we we primarily uh especially at first were really designed for that um we do have enterprise plans now so we work with companies who are like wholesaling and fixing and flipping at scale as well but um really the the core of what weve created uh is for that new investor um really uh how it even started was we actually uh the the ceo of the company David Lecko who is a st louis native as well uh lives in Indianapolis now but is here often um he had he was kind of uh in between uh different ventures he had started a tech company had exited that was figuring out his next thing was getting into or wanting to get into residential real estate investing and started driving for dollars so for those not familiar with that term um just meaning hey get literally get in your car drive down the street and try to find properties that look like they might not be taken care of or they might be vacant or you know have an absentee owner or something like that um you know David was starting to do that he would find properties write down the address try to figure out how to get in touch with them remember try to remember to follow up with them like the whole process was just tough to pull off and really time consuming and just not easy um so he created a deal machine uh back in 2017 i believe um you know version one was like hey how do we make driving for dollars a better process a more efficient process um so you know he created technology that now you can take a picture of a particular property really you know its nationwide so anywhere our data covers you know the u.s um take a picture that property and you can instantly you know pulls in from a few databases a few public databases uh to really show you hey heres how you get in touch with this person whether it be um you know you can send them a direct mail piece um if theyre an absentee owner itll actually send the postcard to where they where they actually live um you know uh you know maybe the corporation will show you who owns it um or you can you have the opportunity to also skip trace and and call them on the spot so um you know you can either cold call them or and or send them postcards like that so the platform started off as this driving for dollars platform for new real estate investors who didnt know how to get started and even find their first deal and even start talking to people um its something to take action on and get out there and use this technology to make that process much more efficient and then its grown into that plus uh we were weve launched a free crm in addition to that um where the crm helps you manage your particular pro leads and properties so you understand you know whenever you enter a property into the crm itll say hey this is up for approval if you approve it you have the opportunity to you know start sending mail directly from there um the you know the crm will tell you how many pieces of mail you sent them where it is in that process kind of help you track that deal with follow-ups make follow-up real easy and then um we also have uh our third piece of software thats all in this deal machine platform now its a mobile app and a web app um is our list engine which thats a list pulling technology that you know we really preach and say hey you know combine your original list of driving for dollars leads with your with a list that you can pull from a database where you can go in and literally draw around your neighborhood and say hey you know for this area i drew around show me every property that has been vacant and not sold for over 10 years you know you can get very specific on the criteria and it will return a list to say hey heres 30 houses that fit that would you like to sync your mail your marketing to them as well so its a crm that combines kind of this list pulling and the driving for dollars leads together cool okay it sounds like it does a lot you know yeah and um i guess for people kind of watching or listening or whatever like what i what i find is with investors or realtors they have to sort of focus on one of what i consider to be three areas one area is they can say okay im just gonna spend a ton of money and im gonna do lots of marketing and mailing postcards and you know billboards tv ads whatever it is and im going to wait for people to call me so ive got basically more money than time and im going to do that and then the other kind of area that people concentrate is is like i dont have unless i dont necessarily want to spend as much money but i do have more time but im not super aggressive so i want to spend my time doing things like networking going to local investor events or going to happy hours with my friends or whatever and kind of finding deals that way and so thats not a lot of money not a lot of time not a lot of um like i dont want to call it aggression but like direct sales or whatever and then the third category i think people are in is more like okay not a lot of money a lot of time and im aggressive and im ready to make phone calls and im ready to just kind of make things happen and so it seems to me like deal machine kind of is in this what i would call the third category but sort of like an option for the first category right so someone can drive around do driving for dollars which like you said means drive around and look for houses that have deferred maintenance and are maybe beat up or have gutters falling down or their lawn is longer than all the neighbors whatever so thats like literally driving around and finding the best potential candidates to buy but then instead of what they probably used to do which is write down the address go home and maybe try to remember to call them or try to look them up whatever it sounds like what youre saying is they can while theyre out they can type that address into deal machine and they can either do what im considering to like not that expensive but more aggressive they can just start calling them them there or they can do like a hybrid route which is click some sort of button and deal machine which by the way ive never been in deal machine so i like the way it sounds but im just talking about it here if anyones wondering but they can get some sort of pretty intuitive i think yeah okay so they can then click some sort of button and deal machine and its like i found what i think should be a house that someone should sell me and you guys start marketing to them for me is that right so its funny i love the way that you bucketed those three different types of people i think the initial investor getting their feet wet and like just starting to take action would probably fall many times into that networking bucket like theyre just starting to educate themselves and to be honest like uh you you need uh to self-educate um to understand how to analyze a deal on all of that and you know whether it be listening to podcasts like this or reading publications or networking or all these things like thats a great place to start and thats a great place that if if youre not doing that uh your likelihood of finding deal machine to be useful um probably isnt isnt great because its a tool that um you know what that is going to help uh enable everything else youre doing in real estate right like um its a tool thats going to make you better at the process of investing in real estate not just be a passive you know something you can outsource right so um i think theres that bucket and then youre right i think the person who has maybe some more time and can be a little more you know open to being more aggressive they would love the driving for dollars piece of it of going out there and you actually so what the app actually looks like is a map that is on your essentially like a gps on your phone youre looking around and you can see as you pass each property theres a little black dot for each property uh that you can click on and say hey actually you know whats the address of that okay it matches up to here click on that property take a picture so that way the point of that picture is thats going to show up on the postcards that you said so um you know if you call them on the spot thats great too but the postcard you send itll actually have a picture to say hey is this your property so that way you get a way better response rate uh people you know sometimes people if they dont live there theyll see that picture and be like oh wow thats what it looks like you know that theyll actually be uh you know it might give them a you know a wake-up call in that way too um so being able to to import that picture um you know this is a way that you can it matches it up on the map on there and then youre one button away from starting to send mailers that comes from you so the were just the technology like the mailer itself um you can customize in the deal machine app what the mailers are going to look like so you can say like hey send them a mailer the first one being um a ballpoint pen written letter which we actually have that option its a little more expensive but we have that option and then and then uh if they dont answer that 30 days later send them a this mailer that says this you know particular text on it and it has the picture of the house and then 30 days later if they dont respond to that send them one more and you can make this automated campaign so that way youre not having to mess with the follow-up its automatically getting out there and its all through the app to kind of facilitate that so i think you know that person would that has more time would fall into that bucket and then the less time more money person they could use our list pulling engine to be able to just say hey circle this entire neighborhood and any deal that falls under my very specific criteria could be two houses it could be 200 you know were going to send them mail or were going to send you know were going to call them or whatever it may be um but im sure you pick those three yeah yeah i mean its really cool because ive done some like driving what i you know we call driving for dollars with some of our new agents or you know people who kind of they have realtors who get into the business because theyre interested in investing and but they get their real estate license you know and so i like to kind of go down the different paths paths with them of what theyre kind of like hoping to do with their career and but when we done when weve done the driving for dollars what i found is that without some sort of a software which we didnt have anything then as we ended up coming up with maybe two mini options right and so were driving around for 20 minutes and its like okay now weve got 20 addresses right and then we get distracted we find the one that looks really beat up and were trying to look it up you know but no ones really writing it all down and if we are where is that list going right we just were just like writing down some list and then its going in a stack back at the office so i wish we would have had a software like youre saying to kind of enter them into and then will that that help us to narrow it down because you you know depending on where youre driving you might see a lot of houses with gutters falling off or you know deferred maintenance and that kind of stuff yeah there is actually a feature on deal machine as well um i believe its under the pro plan uh and up but theres a highlight properties feature so if you actually pull up the map while youre driving and you hit highlight properties according to whatever criteria you put in there itll overlay the map and say like hey uh you know these properties that were that were popping up with a green box around them um as you drive past them these fit your exact criteria that you wanted highlighted like this fits this amount of equity in the house or this amount this you know size of house or this you know whatever the criteria may be um so that way you can avoid that problem too like you know trying to write down every address um but yeah i think the less more time less money people driving for dollars is an amazing uh beginner strategy for them because uh itll help them get used to evaluating properties on the spot and then start talking to people and then the actual roi of it as well of that versus other marketing options um you know we have plenty of case studies to show you like how you can get essentially double the results for your money if youre doing driving for dollars properly so its uh were a big believer in the strategy its just a matter of finding the time or or hiring someone to drive for you oh really hiring someone wow now were talking about next level stuff right there yeah but i mean i find it to be just i find it all to be very interesting you know i think i mentioned this last time we talked matt that ive been making a lot of calls lately and i guess you can call them warm calls but one of the you know what i found is ultimately i get basically seven uh different sort of objections you know every single person i call says one of seven different things you know and one of those things that they say to start is how did you get my number or why are you calling me or something like that you know and i guess gone are the days where its where i had to have some big reason now theres tons of softwares out there and things that are saying hey theres software out there saying that you most likely want to sell right and i dont know if deal machine calls it a sell score right but theres softwares and things that are basically saying this guy at this property is 80 likely to sell or whatever and very likely to sell right and so its not surprising that theyre getting a call yeah and were very were big proponents of just being honest like that or saying you know hey im a im a local investor i was driving down the street like um like you said you can even be very specific about the software saying hey the software thought that you know uh that you know it would be good to get in touch with you like that kind of thing um we dont have the actual uh uh score uh like that in the in the app itself but um based on the criteria you put that highlighting of the property um is where we say like hey uh rely off of that and rely off um you know your eyes of seeing the property itself and kind of combine all that rather than just you know picking a neighborhood and spamming it like not only because thats gonna uh not be great for a local reputation but also like the just not smart business like youre the roi youre gonna see from that is nothing compared to you know getting more specific and finding the right houses and you know trying to get in touch with them interesting okay so how long has deal machine been in business uh so David i believe he started in 2017 David lecko on the ceo so weve been around for about three years um okay thats a long time actually in like the tech world right thats kind of a long time yeah i guess yeah i think it still feels like a startup to me i mean i dont know when you stop saying startup but like uh yeah unless you make your first billion you know working on it okay and so then what are what like features of the software have you guys found that people are using more than other features is it still the driving for dollars or are people doing the kind of circle around a certain neighborhood or zip code yeah um so the driving for dollars piece is low on what we we started with and that was the first two years really like thats the the market that we really went after is like we want to be the best driving for dollars app out there um and thats that was our goal is like just own that niche um you know over time we realize like hey people really need a platform to be able to have their data um you know do more than you know once they drive for dollars like where does that data go how are they using that how are they managing it like the whole the crm element was a very natural extension of the driving for dollars piece because its itll help you track and manage each of those leads that you have right um so thats why we developed that out for i think in July we launched that and then the list engine piece was also a very complimentary piece where that was something that we were constantly hearing and hearing people say hey i would love to combine my driving for dollars list with another list that i you know pull from these broader databases i use and put it all in one place and make it so that i dont have to transfer data back and forth all the time but we have you know one software to kind of manage all those leads um so that was where we saw the opportunity there saying okay we can really help people out where you know like you said its either the lots of time less money or more money less time people and be a solution for both of them so um yeah i think uh it kind of depends on the user we definitely have more driving for dollars uh uh users of that specific piece of our software um we call it street engine now is like that driving for dollars piece um but you know the more that weve gotten the list engine out there um the list pulling uh piece of it um the more people are starting to use that in tandem with it so um yeah that be a good question uh check in with me in a few months and see how how you know how the everythings giving up there okay so i kind of i just want to make sure im fully understanding you through a deal machine you can sign up you can drive for dollars you can say heres one heres one heres one right and its sort of i guess its kind of creating a database of the ones the properties that ive specifically found are options hey id love to call this person and see if they want to sell and then from that list i can either do nothing just use deal machine sort of as my crm and it has this big list of people i want to call or i can use deal machine to start mailing those people right or and or maybe included in the first part is deal machine will tell me the phone numbers are there potential phone numbers for these people yes you can do a function called skip tracing so you can do that on the spot where that would pull from a database uh uh saying like hey here are a couple likely phone numbers for them um you know whether it be be theirs or um you know potentially like a family member or something you know itd be a a way to potentially call cold calls yeah okay and then am i dialing through that system or am i kind of like cust are manually entering the phone numbers so you can hit that you can dial on the spot if youd like yeah you can just uh call that number from right from uh the app okay and all of that is sort of what deal machine originally was but then you called something called list engine which is where i can say like call all of 63017 or call all of this little custom map that i made and then itll pull in the information from those then i can search that and say okay thats cool thats 500 houses but i only want to call the ones that have lived there for 15 years or i only want to call the ones that have x amount of equity based on assumptions on their sales price and their mortgage and all that kind of stuff yeah exactly yeah so that that database um thats something that you know there um are other softwares that uh have that you know that kind of uh feature and function to it but um trying to combine that you know that with the driving for dollars and making this all-in-one software that you can kind of diversify your legion strategies where you have this you know general database that maybe is a little more competitive because anyone could go in and pull a list right um and then you also have this original list that may be smaller but its less competitive because you physically drove around and created it yourself so um yeah its a you know our platform you can kind of uh sink through both of those things and and you know pull that all into the crm together cool well you just kind of brought up something that reminds me of why like why would people drive for dollars when they just have access to these lists right its like this perfect list of a non-owner occupant who has over 80 equity and whos owned the property for 10 years or whatever right and the deal is you can you can mail that list through your system or others but everyone else has two right yep and so when i when i call people theyre like youre the 16th person thats called this week sometimes you get that right but like through driving for dollars you might be the only person whos called this week or this month or this year because they might not meet some of those like kind of obvious criteria of non-owner occupant with this much equity and all that all this other kind of stuff right yeah exactly so thats thats what whenever we quote like any members around roi for driving for dollars its for that exact reason of you know every mailer you send to your your driving for dollar leads um its a you know its a very qualified lead and its somebody who has much more likely that theyre not being called or mailed to already like that um whereas these other lists that you can pull from youll have to probably blanket a bigger area um to really uh see the same type of results itll be more costly to do that interesting i love it okay are you personally doing any sort of real estate investing if i may ask or is that too much uh information no you can ask yeah its funny um i actually one thing that got me excited about uh joining deal machine was ive actually spent im pretty much our kind of typical uh uh you know textbook case of who would be a really great user for deal machine so ive spent the last couple of years ive had multiple friends getting into real estate i knew david and david the guys who started the steel machine app um i had plenty of you know a handful of other friends who were all the guy we met through yeah yeah yeah and yeah also through him yeah so multiple people i knew were in that world already um and then uh outside of that um you know i i was seeing them uh you know their success in that and it always says like yeah id love to get into real estate someday like that would be a great thing to do someday and it was spending a lot of time listening to bigger pockets and reading you know different newsletters and like just trying to educate myself i went to a couple networking events like um you know definitely would fall into that that bucket and then now that ive joined the machine its like hey you know i should be using i should use the app if im going to be talking to people about it so yeah its something that im like just getting into now myself where i get to go through that journey and i get to tell people like heres the types of types of pro tips that im seeing that thats working for me and you know being able to kind of practice what i preach there so um i would say new newly taking action but um have been kind of a passive uh consumer of real estate information for quite a while so um exactly who were trying to get the you know head-to-head to to get the app in front of cool yeah i love it and you know if you dont mind me saying there are most likely people listening who are in the stage of what i call analysis paralysis right yep where theyre still figuring out what theyre going to do and what app they need and who theyre going to call and what neighborhood and all this kind of stuff and i hope that they will just start taking action i hope theyll sign up for deal machine potentially you know i mean im not like a paid spokesman or whatever but i they need something they need a tool like that you know like i said ive driven around and done the calls without an app and it pretty much went nowhere but i hope theyll call someone like you for their app i hope theyll call someone like me to help them figure out the logistics of their purchase and what they can sell it for and all that kind of stuff you know because theres a lot that goes into a deal and you you know everyone needs a little bit of help and thats where we thats where we can all sort of add value to the transaction i think you know yeah yeah and thats something like even just uh taking any action at all is start is going to uh give you a great much greater chance of starting to build momentum like thats something where the more that ive been using the app the more i get excited about it the more i like build those muscles of getting used to driving and identifying a house and then trying to get in touch with someone and like the whole process of it um so even just just you know taking action and starting to get out there um will build your confidence and help you uh start to move along that process you know yeah yeah and im like just do it man you know like just getting that right yeah just do something like just sign up for some app or some crm or something right just start going on some appointments you dont have to have every single detail lined up before you can go on that first appointment and talk to that first seller you know find a seller whos willing to sell and and then call one of us or call you or call me or whatever and like somebody out there you can make it happen completely so yeah all right well matt i dont know if you want to talk about anything else in particular but i think you kind of answered all the questions i had in general you know i like talking to you because i think that youre uh youre out there doing something thats good for the real estate investment community youre making our jobs easier um and so i appreciate that anything else you want to say or how can people get a hold of you yeah i was going to say people um if they have any questions around driving for dollars or anything app specific or you know anything like that um just matt matp deal machine dot com is my email so feel free to reach out that way um 314-239-8050 is a phone number so um feel free to either email or call im happy to to help people out that way um and then yeah i mean my role is really uh uh you know focused on um educating people about deal machine i really um in charge and am in charge of our partnerships as well so theres anyone in the audience whos like yeah actually i think i know a bunch of people that could use the old machine like um you know i work with our referral partners to get them set up as an affiliate with us so um you know feel free to reach out whether it be you know any questions around the app or questions around how we can team up that way too i love it i love it and are you finding as as what youre calling an app startup even though you know like you said youve been in business for a few years are you finding that most of your activity is happening around st louis or is it and thats because you guys are from here or because its a great place to invest or are you guys finding that youre doing business sort of nationwide already yeah its its really all over the place um i think we have a good uh you know a strong presence here for that reason of just uh you know having built relationships here and uh being all four of our leadership team were all from here um two of them still live here so its like uh you know we have a strong tie to st louis and i plan on staying here so its gonna you know i think uh theres theres that behind it um i know like our top concentration of users i think is in texas um i think were pretty strong in florida i believe too um but really its its nationwide like our databases cover the entire us so it um you know you can use it from anywhere in the u.s so there isnt any restrictions or anything but um i i definitely think st louis is going to be you know a priority for us just uh for personal reasons i love it thats great cool well thank you for taking the time to be on my podcast here and um you know i look forward to continuing conversations with you and i hope that people reach out to you about deal machine and well talk to you later matt yeah thanks again for having me on i really uh really enjoyed it and uh you know great questions so yeah for sure you guys have a good thing going on and youre helping the community so thats great awesome thanks for your time and take care sir yeah you, 7350 Manchester Road

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