EPISODE · Jan 26, 2026 · 19 MIN
489: $1.4M Courthouse Deal—LIVE on the Podcast
from The DealMachine Real Estate Investing Podcast · host Armando Banuelos, David Lecko, Ryan Haywood
David and Ryan sit down with Armando Banuelos, a 20-year courthouse auction veteran, to break down how he actually wins deals at the courthouse steps—and then, in the middle of the episode, he negotiates and locks up a $1.4M deal live on the podcast. Armando explains how preparation, patience, and understanding auction mechanics separate real buyers from spectators, why courthouse deals still work today, and what most investors completely misunderstand about buying this way. KEY TALKING POINTS: 0:00 - Intro 0:26 - An Overview Of Armando Banuelos’ Business 1:12 - How He Got Started 4:18 - Outsourcing The Work & Finding Contractors 5:35 - How Much He Made From His First Deal 6:51 - Getting Deals From The Courthouse Now 8:50 - Bidding On A House Live & How Auctions Work 16:09 - What He’s Going To Do Next 18:13 - Closing Thoughts 19:32 - Outro LINKS: Instagram: Armando Banuelos https://www.instagram.com/armandobanuelos.cig/ Website: Capitol Buys Houses https://www.capitolbuyshouses.com/ Instagram: David Lecko https://www.instagram.com/dlecko Website: DealMachine https://www.dealmachine.com/pod Instagram: Ryan Haywood https://www.instagram.com/heritage_home_investments Website: Heritage Home Investments https://www.heritagehomeinvestments.com/
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A real courthouse auction expert explains how he wins deals—and closes a $1.4M property live during the episode.
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489: $1.4M Courthouse Deal—LIVE on the Podcast
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