Deal Machine CEO David Lecko Shares How He Revolutionized Driving for Dollars

TL;DR

Deal Machine is a real estate investment software app that helps investors master the driving for dollars lead source.

Transcript

are live welcome to the Baxter witches podcast I'm Zach kid your host i quited my minimum wage bad boy job to pursue the riches of real estate investing at the age of 17 and never looked back I'm here to educate and inform entrepreneurs young and old how to become complete real estate investors by talking to the best the most influential minds of r... Read More

Key Insights

• 🥺 Driving for dollars is an effective lead source for real estate investors, but it can be time-consuming and challenging to follow up effectively.
• 😀 Deal Machine fills the gap by providing a user-friendly app that allows investors to easily look up property owners and send out mail right from their cars.
• 😀 The app has seen significant growth and success, with thousands of users and positive testimonials from investors who have experienced great results.
• 🙈 David emphasizes the importance of perseverance and budgeting when starting out in real estate investing, as many people give up too early before seeing results.

Questions & Answers

Q: How did David Lecko get started in real estate?

David got started in real estate after reading "Rich Dad Poor Dad" and playing the cash flow game associated with it. He was looking for a constant income stream and found driving for dollars to be a valuable lead source.

Q: How did Deal Machine come about?

David built Deal Machine for himself after struggling with follow-up in his driving for dollars efforts. He wanted a way to easily look up property owners and send out mail right from his car. The success of the app led him to realize it had business potential and he partnered with a software developer to improve and scale it.

Q: How has Deal Machine grown in the past year?

Deal Machine has experienced rapid growth, with over 10,000 users and counting. David focused on improving the app and serving its growing user base, and has recently resumed acquiring properties himself.

Q: What are David's future plans for Deal Machine?

David plans to continue improving the app and adding new features, such as a bulk uploader and list building component. He also intends to explore other industries, such as creating a map app and a marketing app, while still dedicating the majority of resources to real estate investors.

Summary & Key Takeaways

• Deal Machine was created by David Lecko, a programmer turned real estate entrepreneur, to address the need for better follow-up in driving for dollars.

• The app allows investors to easily look up property owners and send out mail right from their cars, improving efficiency and eliminating missed opportunities.

• Deal Machine has seen significant growth and success in the past year, with over 10,000 users and plans to expand into other industries.