080: 3 Steps To Find Off Market Real Estate Deals

Have you been looking on Zillow for a good real estate deal? I used to look for properties for sale and look at the mortgage estimator to calculate my monthly payment. Then I would switch tabs over to rentometer.com and see if the rent was more than the mortgage payment. IT NEVER WAS! Now I would never buy a property that didn't cashflow at least $500 per month above the mortgage, taxes, and insurance. And in order to wholesale a deal and make a $22,000 finders fee by simply ""assigning"" a deal, it needs to be under contract at a big discount. The way I find them now is by looking for off-market deals. This episode gives you 3 steps to successfully find off market deals. Think of this episode as getting you in the right mindset to finally find great deals. Instagram: David Lecko https://www.instagram.com/dlecko/ Key Talking Points of the Episode 00:00 Introduction 01:12 How did I decide to get involved in rental properties? 02:25 Where did I learn the idea of driving for dollars? 03:26 What gave me the idea to build Deal Machine? 04:10 How much has Deal Machine grown through the years? 05:09 What is the best way to find the right leads? 06:30 Why is it important to be consistent with your marketing? 07:27 How many postcards should you be sending to get deals? 08:10 How can you figure out how much to offer on a property? 09:15 How can you learn more about wholesaling from Deal Machine? 10:02 Why do you need to overcome analysis paralysis?