Ever wished for a tool that could streamline your real estate investing journey? David Lecko, founder of Deal Machine, did just that. He joins Derek Dombeck to share how he built an application to solve his follow-up problems and close more deals much easier. He breaks down the origin story of Deal Machine and how it helps thousands of investors all over in their own business ventures. David also does a live demo of his application to reveal how it can provide valuable property and owner information in seconds, revolutionizing your investing strategy like never before.
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Deal Machine: Revolutionizing Real Estate With David Lecko
Welcome To Generations Of Wealth Podcast
In this episode, we are bringing you David Lecko. He is the Founder of the app Deal Machine. When David started this, it was built for his own purposes. He was driving for dollars, realized he was having an issue doing follow up, and using his background as an engineer, he developed this app, which was never intended for the public. Now, it’s really a big deal. I’m really jacked to have David on.
Before I bring him on, I appreciate you being here. I appreciate you finding the show. If you just found us, and anything you can do to help us spread the word, we really appreciate it. Go out there and give us all the love, the likes and everything on all the different platforms. That would be great. Also, get involved with the Generations of Wealth Facebook group and be engaged. Grow the community, but use the community. That’s what this is all about. Thanks for being here. You can always find all of our old shows and all of our information at TheGenerationsOfWealth.com. With that, let’s get started.
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Now, the myth, the legend, the race car driver, Mr. David Lecko.
Thanks, Derek.
Thanks for being on the show. I have heard about Deal Machine. I dabbled with Deal Machine many years ago, but I am very excited to hear about your story, how you got Deal Machine started. In the beginning, tell the audience a little bit about yourself, where you come from and how you got your start.
David’s Entrepreneurial Journey
I grew up in the Midwest. My parents still live in the same 1,200-square-foot house. In high school, I noticed some kids had nicer cars than mine. I preferred to figure out how to go buy that stuff. I was very material-motivated at the beginning. Luckily, I picked up The 4-Hour Workweek and Rich Dad, Poor Dad. I did go to college for Engineering, but I knew that entrepreneurship was the right path. I believed that I would have a more fulfilling life if I was financially free. I could choose what projects I worked on without needing to have that paycheck and letting that 9:00 to 5:00 get in the way of that. At Deal Machine, we believe in that, too. That’s our whole mission, which is amazing because I get to serve people who are just like I was when I started out in my twenties.
Along the way, I was reading Rich Dad, Poor Dad. I picked up the Cashflow game that goes along with the book and it’s a really cool game. It really told me my friends have different thoughts about cashflow and I’ve never talked to them or realized this until we played this game. I see them making really dumb decisions. In my case, you could have an opportunity to buy an investment property. They’d buy it no matter what, but it might cashflow negative $400 a month, and then they’d go bankrupt before the game came to an end. I’d buy one that was like $200 a month and that in itself doesn’t make you rich, but you try to get out of the rat race by making your passive income surpass your expenses.
All these big surprises would come, and you would roll again and remember that house you bought. Now you can sell it for twice as much. You get large chunks of money, and then you reinvest that and get bigger passive income. That’s how you played the game and eventually won. I just knew I wanted to do that in real life.
Look for rundown. I didn’t look for rundown houses first. I just looked for houses, but none of them would cashflow. People at my real estate meetup locally that I found and started going to were like, “You can’t go buy listed properties. You need to go find rundown properties. They’ll give it to you for a really good price because it’s too rundown to sell in the market and as a reward, just like Nike shoes buy nylon for $0.05 and has somebody put it together for $10 and they sell it to you for $200.
If you take a rundown house off somebody’s hands and then you add materials, better roof, better floors, better drywall, repairs made the house plus materials, all of a sudden equals like three times more than what you paid for the house, which is awesome. That’s how you make lots of money and find a better deal that would actually cashflow.
That’s what I set out to do. I noticed that I was looking for rundown houses, but I wasn’t following up. I really struggled with the follow-up. Eventually, I saw a house getting worked on that I had written down four months ago and somebody bought it could have been a great deal for me. I was like, “I got to solve my follow-up issue.” I used my engineering skills, made an app that let me pin the house, send mail to it. Ultimately, that became Deal Machine. That’s how it started.
Was this specific to driving for dollars?
Yeah, we started driving for dollars. We have helped over 10,000 people close their first deal. That was years ago since I built that thing just for myself. A lot of the growth, like 44% in 2024, has come from the unlimited contact info you get in the app as part of your subscription. People who look for these rundown houses, they might drive around for rundown houses or maybe they pull a list of tax delinquent property owners and then they want to make phone calls, cold calls to them. It’s like a lower-cost way than sending direct mail. Part of the cost, though, is buying the skip trace data, which is the phone number. Our secret sauce is being able to provide really good phone number data included the subscription. That’s been a big source of growth for us.
We do more than driving for dollars so to say, even though that’s how we started, got our roots, really got off the ground with that niche. I would just say in general, we weren’t changing anyone’s behavior. It was so successful because we weren’t telling people to go drive for dollars. There are already thousands of people doing that. We just made it easier to do what they were already doing. That would be like a ride or downer, as I would say. It’s like a big aha moment thing that I’ve learned running my business. Don’t try to change someone’s behavior. Just make it easier to do what they’re already trying to do.
Do not tell people to go drive for dollars. There are already thousands of people doing that. Share on XWhen Deal Machine came out originally, I know that you didn’t design it to turn into a business. You designed it to just use for yourself. Not being an engineer and not being techie to the degree of building an app, how did you even come up with the start for the app?
I actually had some software background knowledge. I did C++ language in school. I had a basic knowledge. I didn’t know how to make apps. I didn’t want to pay somebody to make an app, though, because then they would own the code. They’d be the only ones that had the knowledge to make updates to it or maybe they would just get busy and it would be hard to find someone else to come in behind them and come and do that. What I did is I went on Upwork and I made a project. I was like, “You guys are going to teach me how to do this app.” Basically, I made an Upwork posting, which is how you find freelancers, but I had my own twist on it. I was like, “Instead of you guys making this, I want you guys to show me how to make it.”
I learned how to do it from that ground up. That’s how things got started. It was not very good-looking, but eventually, I put it on the App Store even though that’s not what it was for because my friends at the meetup wanted to use it. Once that happened, people started to find it organically. I had to give it a name, have a logo to get it on the App Store.
I was calling my best friend Dave. I was like, “I think I got something here that people want and I need somebody like you who’s a good developer and knows how to make things look good too. I need you to remake the app, just make it look better. Be my 50% partner.” That’s how we’ve started and have been since day 1 or I should say day 5, because I had day 1 through 4 myself, just as an analogy.
You don’t have to answer the question if you’re not comfortable. I’m curious how many users are on the app now?
We’ve helped people close 10,000 deals and 200,000 have come through the door. We have thousands that are currently subscribed and some of those users have quit. Some of them are team members, not account members. I would say definitely thousands.
You have real estate and that’s the whole reason that you built this to begin with. What’s your intentions moving forward? Deal Machine is, I’m assuming, your number one business.
I built it because I was doing real estate and I did nine BRRRR deals until I eventually stopped because Deal Machine was growing so fast at the time. Just to put it in perspective, our first year and a half, me and my partner did not pay ourselves anything, but we put in full-time work. We were able to pay ourselves like $3,000 a month each. That was a huge celebration moment because we were now financially free from the business we were working. We had to work still. That first year of real money was like $20,000, then it was $1 million, then it was $6 million. That was the initial ramp up. At about that time, I was like, “I’m going to fully focus on Deal Machine.”
The $100,000 Deal
Three years went by and then I looked at those nine properties that I did the BRRRR strategy, reusing that same down payment. I wasn’t going broke buying rentals, but I was like, “I didn’t really do anything to these properties and to the other, they appreciated $1 million. I wish I had a lot more of this because I didn’t really do anything.” I started doing deals again. Now I have nineteen. I did seven deals in 2024. I’m still doing the BRRRR strategy and my best deal, I made $100,000 because of a tax delinquent list I called.
The guy who picked up, he was like, “I am an orthodontist in Utah. I bought five properties in Indianapolis three years ago. The guy who said he was going to fix them up totally bailed on me. Now I owe taxes on properties that have holes in the roofs and I am not making any money. It’s a total headache to figure out who’s trustworthy over there that can help me out.”
I bought one of the properties for $20,000 less than he paid years ago, and he paid his back taxes. That’s how I got the $100,000 deal because I bought it for $160,000, I fixed it up for $125,000 and it was worth $425,000 actually on the appraisal. I got it refinanced. Over $100,000 actually if you’re doing the quick math there. There are some fees in the refinancing and all that, holding periods and stuff, about $100,000. I sent him my contractor. I was like, “I know you got more properties. If you want, just use my contractor if that helps you out.” He was real happy about that. I think he had a good outcome. I should follow up to see just to make sure he didn’t want to sign any more properties.
That is the point, though. You built that because of your lack of follow up. So many people quit this business because they’ve made a phone call one time and they can’t figure out why they can’t get deals. I’ll be the first one to admit, I love negotiating. It’s one of my passions. I love being at the kitchen table but I don’t like chasing people. I like to be talking with motivated sellers or motivated leads that have been almost filtered. If I got to play phone tag with people or chase people, I’m terrible at it because number one, I don’t have the time. Now I have staff that does it and continues to follow up and get them back on. If you hadn’t come up with Deal Machine, do you think you would’ve been successful in real estate?
Yeah, because I did nine properties before Deal Machine got big enough where I was like, “I got to focus on Deal Machine.”
Have you had that before?
Yeah. Not before. It was during. If anything, starting Deal Machine hurt my real estate investing. I would’ve been more successful in real estate because I would’ve still had my 9:00 to 5:00 job for longer, which would’ve allowed me to have mortgages on the ten government mortgage limit, which have better-preferred interest rates. Deal Machine was something I created out of my own need, but I was getting it done either way.
I wouldn’t expect a different answer because you’re an entrepreneur and so we all should answer yes every damn time if somebody says, “Would you still succeed?” The point is you just don’t quit trying. You figure it out.
If you don’t quit, you’ll never fail.
What’s next? Are you going to try and expand Deal Machine or are you going to work more towards real estate or are you just going to be a full-time race car driver?
The Truth About Race Car Driving
Nobody makes money full-time race car driving. Some people do only at the highest levels, but even in F1 you had Mazepin. His dad was a Russian oligarch. His dad paid to be there. Also, Lance Stroll. His rich dad bought Austin Martin, the company. That’s why Lance Stroll gets to drive. It’s very big misconception that you make money as a race car driver. Only the very few elites do, but even at that level, people still pay. It’s a privilege to get to race and if you’re an adult and you don’t have a rich uncle and at the age of fifteen, you’re going to have to make your own money and you’re going to have to pay your own way. Maybe you could get a sponsor to help with the way.
I was just looking at what I did in 2024. I got a factory race car, which is $125,000. Very popular car in the UK called the Ginetta. It’s a tube frame fiberglass, really light, 2,400 pounds. It’s got 310 horsepower from a Ford V6 under the hood. Really cool power-to-weight ratio. What I’m trying to say is I had to buy the car and I had to pay for coaching and lessons to learn how to drive. I did a whole year. We did have pro coverage because we raced with SVRA, which is also doing the Trans Am series, which are really cool cars, with 900 horsepower on road courses. The big one is the Trans Am 2, which is a 500-horsepower cars. Also, two-frame chassis. They have a field of like 36. It’s huge.
They have the pro live streaming coverage, and so we race in between their schedules on weekends. We get the pro coverage, too. I was talking with somebody about the racing in our industry and he was like, “How much is a sponsorship?” I was like, “No, I like pay for myself. I got the Deal Machine on the logo on the car and I sponsor myself.” He’s like, “No, how much is a sponsorship? I love racing. I’ve actually sponsored a NASCAR for two races and it was $20,000 a race and I just really like being a part of this even though I can’t race because of my health issues.” I was like, “Are you serious?” Here’s the thing. It wouldn’t have been possible had I not made the investment to buy the car, buy the training and coaching and then pay for the tire bill.
It’s like $6,000 a weekend just in tires. That doesn’t include all these other costs that come with it, too. Basically, if you want to get into racing, you have to make your own money. You have to be doing it yourself unless you have some rich family member. That’s just the way to get started, and I see the sponsorship with him hasn’t even come through yet. Maybe I was like, “If you want to pay for tires for a season, I’ll have you guys’ secondary logo, whatever is important to you, shout outs on the podium, etc.” We’ll see where that goes. I know you did some racing yourself, so I’m curious if you have similar views on sponsorship.
Anyone at races knows this effect. You can make a lot of money in racing. You just have to start with a lot more money.
Can you actually make a lot of money, though?
You have to start with a lot more and you end up with a lot or a little.
How do you end up with a lot? I don’t even think it’s possible to end up with a lot.
It’s not. Honestly, when I got out of racing, it was a sad deal. I used to race blacktop late-model stock cars when I was in my twenties. My brother crashed the car on the county road in front of our house when we were just actually adjusting the valves. He just took it out on the road to see if the mist that we had in the engine was gone. He lost control. He didn’t have belts on and didn’t have a helmet on. He slid sideways into a ditch, rolled the car, and basically destroyed every part of it you possibly can, but he walked away. At that point, after about a decade of our family racing, we hung it up. It’s a very addicting thing. I miss it on certain days, but I also know that I get the same adrenaline rush out of doing deals and other things I do now.
I’m so glad he walked away. I was afraid where that story was going.
The reason it could have been so much worse is literally my whole family and my wife was holding our newborn child and my parents were there. We were standing on the side of the road. If he’d lost control about 75 yards sooner, he literally would’ve wiped us all out. There was a lot of blessings that day and everything’s fixable if you want to spend the money, but at that point just starting a family and we had our fun.
Every once in a while, we get it and go to a driving experience or something. Actually, I had a buddy who had some shifter carts and just jump in some shifter carts and go beat up on each other a little bit. When it’s in your blood, it’s in your blood. You don’t know this part of it, because I asked you before we started. You currently live in Texas, right?
I live in Austin, Texas. I’ve been here for years.
I got out of racing, but then we started following rodeo, specifically bull riding. Now I own bucking bulls. That’s what brings me down to Oklahoma and Texas occasionally from Wisconsin. I’d never been honorable. I’d never been in rodeo. I just fell in love with the purity of the sport, honestly, because in racing, to a certain degree, you can buy a win. You can have all the talent in the world, but if you don’t have the money to prove it, you can’t prove it.
What I love about rodeo and bull riding is you’re getting on an animal that doesn’t give two shits how many championships you’ve won, how many gold buckles you’ve got. Their job is to just buck you off. I’ve never been on a bull, but we’ve owned bulls now for years. I had a goal. At 48 years old, I got on a bucking bull for the first and probably the only time in my life.
What happened?
I was fine. I bucked off in about two and a half seconds and little sore for a couple of days, but it was a gold mine. My bulls live in Oklahoma. They’re taken care of and trained by a former national finals rodeo winner and PBR champion. I try to surround myself with the best of the best and that’s what I did.
I can’t believe you did that. I would never do that. I hurt my back. That just seems like it’d be so terrible for your back.
It is. I have a I have a bad back. My back will go out just pulling my boots on. Adrenaline has a way of getting you through things. I would say it’s just like our business. Getting on an animal like that, getting on a bucking bull is 95% mental and 5% physical.
That’s so cool. My parents owned two cars and a house, but they didn’t really ever own anything else. How cool is it that we get to own a race car? At one point, you own a bull team. Now you’re just having fun. That’s just fun stuff to do and cool stuff to think about. It really makes life fun when I think about playing it at that level because it’s so foreign from how I grew up and how my parents thought. I think there’s a whole world out there that’s just ready for us to engage with it. It’s a really cool way to express your passion for good competition.
Let me ask you this question, then. Are your parents still around and are they supportive of what you do or do they still say we’re worried about you or be careful or anything like that?
No. They’re not worried about me now that I’ve been successful. They were worried about me when I wasn’t successful yet because deviating from the path of using my college degree to have a good W-2 salary with a car in the driveway of a nice house, they were worried about that. We had a conversation, and I remember it vividly, but as soon as we had that year, I was like, “Now I’ve got some money for the first time.”
I took them on a concert. I took my mom to see Paul McCartney. I was like, “Where is my dad?” He loves Star Trek. I found out there’s a Star Trek convention in Las Vegas. He had never been to Las Vegas. I’d also never treated my parents to anything like that. I’d also never done anything one-on-one with him like that.
That was like a told you so without telling him so. Just being nice and generous with it. From that point forward, I’ve never got the sense that they were worried about me in any sense after that, which has been nice. Then they were like, “I really want to go to that Star Trek convention, too. Can you take us back?” I took my mom and my dad then and my girlfriend at the time just to go back there again for a second time. Yes, they’re not worried. We have a great relationship.
I say that because a lot of us have that, and I don’t want to use the word negative influence in our life, but my mom, who lives in a house that I own, still worries. It’s just in her nature. Her and my father, my father passed, but they were W-2 and worked their ass off their whole lives and the whole entrepreneurial journey was never in their life or their vision. Even though she sees everything that’s happened for many years and we did lose our ass in 2007, ‘08 and ‘09, so she saw what that strain put on us. Even to this day, she’ll be like, “I pray for you. You’re in my prayers. I worry about you.” I’m like, “Mom, I’m putting a roof over your head.”
“I’m 47 years old. I own a professional bull riding team.”
That’s something that we do have to think about. Who are the influences in your life? Even if they’re worried about you because they love you, it can make you hold back. It can make you not go after your goals.
If you’re like you or me and you want to build a business, you should not listen to your parents even though you love them, even though they mean well because why would you listen to somebody who hasn’t accomplished what you want to accomplish? How would they be able to tell you about that thing when they’ve never done it themselves? It’s very good. I like what you’re saying there.
Do not listen to somebody who has not accomplished what you want to accomplish. Share on XThe short version that we’re going to put on tiktok is David saying, “Don’t listen to your parents.” That’s it. That’s the snippet we’re going to pull out of this, and then we’re going to send it to his parents. It’s perfect. David, what’s one question that I should ask you that I haven’t? It can be about anything even off topic.
You could ask me what’s the best thing I learned this year.
Hit us with it.
I would say the best thing that I learned this year is that in the past few years, I’ve been reading this book called Sell the Way You Buy. In the past few years, the amount of like touches needed for somebody to respond to sales activity, whether it’s postcards or cold calling or whatever, has risen from 4.7% to 9.3%. It’s because we have so many distractions. If you’re starting brand new, you got to keep that in mind because if I talk to somebody who says, “This didn’t work for me,” I will look deep into the details and see, “You guys only made 100 phone calls. You have to reach out multiple times. That’s how you break through.”
When it comes to rundown houses, if it’s run down, it’s been run down for a long time. They’re not going to want to sell it just because you asked them. It’s a numbers game. You got to be on that kitchen counter the day something does happen, and because it’s run down, if something happens, they’re going to need to sell it to you. That’s what I would refer to. Talk to somebody in your market, see how many touch points they make to get a deal, how much money they spend on marketing to get a deal and then double it for yourself because you’re brand new. That would be my answer.
You do have, I believe, a challenge coming up here. All information about David, as he gets ready to explain this, you can go to TheGenerationsOfWealth.com/lecko. What’s that all about, David?
Yeah, so a lot of times when we get stuck, we like to see other people who are successful. I decided I’ll do a cold calling challenge, so it’s not education. I give you guys the steps on how to get your first deal. We meet once a week and you can hear me cold call as well as teach you something and have the opportunity to see how it’s done. If you want to join that 30-day challenge to get your first deal, go to my Instagram, send me a DM, 30 day and I’ll make sure you guys get the free invite to come join me for that month-long challenge where you guys can compete to get that first deal.
A lot of times, when we get stuck, we like to see other successful people. Share on XThat’s awesome. Can some of us old people get involved, like looking for our 1,000th deal? Can we get in on the challenge, too?
Yes.
That’d be great.
We give away prizes just for attending. It’s like worst-case scenario, you’re entered to win $1,500 price. Best case scenario, you get yourself a deal that make $20,000 from.
The real prize isn’t making the money it’s getting the experience that you just do over and over again.
It’s scary when you’re starting out. Here’s the thing, though. It’s a worthwhile endeavor to make the cold calls yourself first, not just hire someone to do the cold calling because they may be doing a bad job and you’ll have no idea. Meanwhile, you’re paying for it. Somebody just talked to me and he’s like, “I had to let my VA go. They didn’t get any deals. They were making about 300 calls a day.” I’m like, “Have you ever cold-called yourself?” “No.” I was like, “I can make 160 calls in an hour.” If they’re paying eight hours for 300 calls a day, that person’s not doing work for you. They’re screwing around the whole time. That should have been a red flag for you right there. He had no idea because he never did it himself.
I want you guys reading to do the work. That’s why we have the challenge. You could see it done and do it yourself. We give you homework. Your homework’s calling 30 per day. If you complete that, you will get entered to win that prize I mentioned every single time. It’s definitely a win-win. It’s been a really effective way. People have gotten deals in the 30 days before. There was a wholesale. We had like a $10,000 assignment fee last time, which is super motivating where you could see somebody who’s doing the same thing you’re doing have success. It gives you the courage and energy to go the next step further, not stop two inches from gold.
My regular followers, they know this already. I’m not really trying to segue into the sales pitch, but I’m super passionate about learning or teaching how to talk to people. I run what’s called the Elite Negotiations Academy. It’s a twice-a-month coaching Zoom call where we take recorded negotiations and I pick them apart. We talk about what can be done differently and better.
The reason I’m passionate about is people will spend time and energy and marketing dollars and they’ll get apps. They’ll send out postcards, but then they don’t know what the hell to do when the, when the phone rings or when the lead comes in because they never spent any time learning how to talk to people, which is becoming a lost art. I love what you’re doing with the challenge. One of my main focuses at the Elite Negotiations Academy is to do the same thing: get people to convert those leads into deals. Put some money in your pocket.
Elite Negotiations Academy. I like the name.
It’s fantastic. Let’s wind this down a little bit, David, but I really appreciate you coming on. I’m jacked about how well Deal Machine has done. As I said, it was something that I explored when it first came out, when I first saw it and being in the Upper Midwest, not because of Deal Machine, but because of how things were reported on public record, we didn’t have as much data, but I’d be pretty excited to go see what it looks like now.
Check it out. It’s great. It could pull up one of your properties right now and show you if you want. It’s going to expose all your personal information, how much you make. It’s really good data. It’s like, “How much does this person make? How many properties do they own? What are the properties? Who are they married to? What are their relatives?” Maybe you don’t want that exposed into your show. I’m telling you, though, there’s no skip trace button. It’s pre-matched. It’s amazing how this is put together and what’s available.
Deal Machine Demo And Pricing
I’ll tell you what. Pull up a property and show everybody a little bit about Deal Machine. That’d be awesome.
All right. That’s fair.
I don’t have anything to hide, by the way, but it’s going to be faster to do it this way.
Here’s one, though this is a commercial property. Let me go to the house. It looks like we’re in Dallas for some reason, but we’ll go with that.
For those of you that are just reading, Dave’s just scrolling around the neighborhood and zooming in a little bit so he can get on a property.
All right, here’s Chihuahua Drive, which is owned by Laura Morales. She’s 66 years old. She’s married. She’s lived here for 25 years. She’s got two properties owned. One’s right next to the other one. She’s got two phone numbers. She’s an educational and health practitioner. She doesn’t have a lot of assets. Her household income, $82,000 and she’s got a low credit card balance. Look at that.
We got a few related contacts here, and so we could scroll through that. For family members, let’s see who this other person is. Jose Guzman is the renter. Yeah, so Laura is the owner and Jose is the renter. You could see information about the renter like that. That’s pretty cool. One thing that we’ve got coming is using AI to drive for dollars for you or look for properties with solar on the roof or look for people with bad roofs or properties with mature trees, etc.
That’s something that’s coming out that we haven’t announced yet, but by the time this is out, that’s going to be available, too. Really powerful stuff. The next level stuff is the owner matching that I just showed you. I even had somebody that was renting my property. They were different from who was on my lease. That was so good that it brought to my attention, this extra person needs to go through the background check, be on the lease, etc. As a landlord. Unintended benefit from that data, but exactly what we want is the data to be that good that it can help.
What do you charge for Deal Machine?
It starts at $119 per month. You get unlimited access to all that contact info. People used to spend $0.10 per property to get contact info. You would only get the phone number. This is ten times better and it’s included. I’m really proud of this.
You’ve come a long way with it from where it started. That’s awesome. Perfect. Again, we can get you connected with David at TheGenerationsOfWealth.com/lecko. David, thanks for taking some time out of your day. Hopefully, someday, we can meet up and either get you on a bucking bull or get me back in a race car, whichever comes first.
We’re not going on a bucking bull, but a race car would be a possibility. I wanted to say that if anybody wants to join that 30-day challenge, if it’s okay with you, the best place to go is my Instagram @DLecko. Just DM me 30 day and I’ll send you guys a link to join my next cold calling challenge.
Thanks so much to David and for giving us a quick tutorial on Deal Machine. Until the next episode. As always, I really appreciate our regulars, and I’m really excited. If you just found us, go back on TheGenerationsOfWealth.com for all of our former shows. Go into the Resources tab to see what we have going on, including our cruise that’s coming up in February 2025. Also, the Elite Negotiations Academy and everything else that we do. Until the next time, go out, live your vision and love your life. See you.
Important Links
- Reicot.com
- Gowvoyage.com
- TheGenerationsOf Wealth.com/Fbgroups
- TheGenerationsOfWealth.com/DavidLecko
- TheGenerationsOfWealth.com/YTChannel
- TheGenerationsOfWealth.com/Instagram
About David Lecko
David Lecko is the founder and CEO of DealMachin – Marketing Tool For House Flippers – Highest Rated Mobile App For RE Investors * Based on over 5000 Apple and Android Reviews
David created DealMachine in 2017 when he was new to real estate investing himself. He knew from reading Rich Dad Poor Dad that the best way to find off-market deals was to go driving for dollars and send direct-mail.
He drove around, manually wrote down the addresses of distressed properties, and sent mail to the addresses he wrote down.
One day, he realized he missed out on a deal because he failed to follow up with his leads.
He knew he needed a solution to automate the process. So he wrote the first line of code that became DealMachine.
Shortly after, he acquired his first rental property through driving for dollars and went on to build a $4 million rental portfolio with the DealMachine app.
8 years later, DealMachine has grown 44% in 2024 due to providing unlimited contact info for every person in the US. No more skip tracing (and getting nickeled and dimed to get contact info).
Instead, you get a full file on every person in the US including their age, birthday, education level, house income, net worth, credit score range, family members, (as well as email and phone in the file, of course).
Not only do you not have to pay, but you can filter properties by this owner information – a first of its kind platform.
David also co-hosts the DealMachine Real Estate Investing Podcast, which helps listeners start their journey to financial freedom through real estate.