The BEST DealMachine Tutorial on Youtube! (Beginner to Expert 2024)

Summary

Highlights

• Discover the art of 'driving for dollars' both virtually and physically. 🚗
• Learn how DealMachine syncs your mobile and desktop experiences for seamless operations. 💻
• Utilize the integrated CRM to manage buyer and seller interactions efficiently. 🗂️
• Access a host of data, including property history and skip tracing, to make smart investment decisions. 📊
• Rick Ginn shares how to maximize DealMachine's tools for wholesaling success. 🏆

Key Takeaways

• DealMachine is ideal for both new and expert wholesalers. 🚀
• Utilize virtual and actual driving for dollars to identify distressed properties efficiently. 🚗
• The app integrates seamlessly with government lists for streamlined operations. 📋
• Benefit from accurate data and skip tracing tools to improve seller outreach. 📞
• Utilize comprehensive CRM and comp features for an all-in-one wholesaling solution. 📈

Overview

Chapters

• 00:00 - 01:00: Introduction and Overview of DealMachine In this introductory chapter, the author Rick Gin provides an overview of the DealMachine tutorial. He outlines the three critical phases of using DealMachine: locating motivated sellers, connecting with them, and making offers. Additionally, he encourages viewers to engage with the content by liking and subscribing for more updates on wholesaling. The chapter sets the stage for a comprehensive tutorial on effectively using DealMachine in real estate wholesaling.
• 01:00 - 02:00: Locating Motivated Sellers The chapter titled 'Locating Motivated Sellers' discusses the use of software in the wholesaling business. The speaker, with 21 years of experience in wholesaling, highlights the benefits of using Deal Machine, a piece of software that aids in securing deals. It is noted as particularly useful for both beginner and advanced wholesalers. The speaker emphasizes its influence in the industry and shares their personal experience and success with it, having tested it nationwide.
• 02:00 - 03:30: Using DealMachine for Driving for Dollars This chapter provides insights into using the DealMachine app for the 'Driving for Dollars' real estate strategy. The author shares their extensive experience helping thousands of people across the country close deals using this method. The focus is on teaching viewers how to effectively utilize DealMachine. For beginners in wholesaling, the chapter suggests visiting DMZact.com and freehwholesaling.com for comprehensive tutorials. The chapter aims to give a quick overview of why DealMachine is an essential tool for locating motivated sellers in the real estate market.
• 03:30 - 05:00: Desktop and Mobile Functionality This chapter covers the functionalities available on desktop and mobile platforms for identifying motivated sellers in real estate. It introduces a tool called 'deal machine' that allows users to geographically target areas by city or ZIP code to find wholesale deals. The example provided focuses on Brevard County, Palm, demonstrating how to select a city and narrow down searches using geographic tools.
• 05:00 - 06:00: Virtual Driving for Dollars The chapter titled 'Virtual Driving for Dollars' explores the concept of 'driving for dollars,' a technique used in real estate wholesaling, particularly in the Bay Florida area. The narrator shares their personal experience with this method, emphasizing its effectiveness in locating distressed properties, marked by signs such as boarded-up windows, tarps on roofs, and tall grass. The chapter outlines the strategy of identifying potentially profitable properties by observing these physical cues while navigating through neighborhoods. It's described as an essential part of the wholesaling process and something the narrator continues to utilize.
• 06:00 - 07:30: Accessing Property Information In this chapter titled 'Accessing Property Information', the speaker discusses both traditional and modern methods for tracking routes. In the past, they used a yellow notebook pad, a method that's still viable today. However, they suggest a more sophisticated approach: using a mobile app that tracks and displays routes efficiently. The chapter focuses on a desktop demonstration, providing a clearer view of how these tools can enhance productivity in accessing property information.
• 07:30 - 08:30: Creating and Managing Leads The chapter 'Creating and Managing Leads' introduces the concept of scoping neighborhoods for potential lead generation. It begins with selecting a neighborhood, such as Palm Bay, and identifying signs of property distress, like high housing density. It explains the process of 'driving for dollars' using a mobile app to track neighborhoods. Additionally, it demonstrates using a desktop application where you can zoom into neighborhoods and use available tools to manage the lead-generation process.
• 08:30 - 10:00: Pulling Lists and Finding Properties The chapter introduces a feature called 'virtual driving for dollars,' which allows users to explore neighborhoods virtually to identify distressed properties for potential real estate opportunities. The process is navigated using arrow keys on a computer, providing a comprehensive view of properties from various angles, which is emphasized as more efficient than other methods.
• 10:00 - 11:30: Using Advanced Filters In the chapter titled 'Using Advanced Filters,' the focus is on effectively navigating and evaluating properties using visual cues and observations. The narrator describes a method of identifying potentially neglected or distressed properties by observing signs such as debris, stained roofs, patchy grass, overgrown brush, and deteriorating yards and driveways. This approach is practical for real estate professionals or investors who are scouting for properties that may be available at a lower price or may require renovation. By employing these visual filters, one can quickly assess the external condition of a property and make informed decisions.
• 11:30 - 13:00: Connecting with Sellers In the chapter titled 'Connecting with Sellers,' the speaker discusses tracking their route time effectively using a route tracking app accessible both from a desktop and a mobile phone. The app provides seamless integration between devices, automatically uploading any actions taken on the phone to the desktop version. The speaker explains the use of the app by showcasing how they can select and track houses while navigating a route. This allows for efficient monitoring of the areas covered, even when conducting virtual tasks, enhancing the ability to connect with sellers through better organization.
• 13:00 - 14:00: Reverse Driving for Dollars In the chapter titled 'Reverse Driving for Dollars,' the speaker discusses a modern method for real estate investment that replaces older, more labor-intensive methods. The approach involves using a mobile app to swiftly gather information about properties, such as their estimated value and market status, and to easily add them as potential investment leads. This system, which the speaker refers to as 'virtual driving for dollars,' is positioned as a significant improvement over traditional methods like using paper for notes. The convenience and efficiency of using digital tools for real estate prospecting are emphasized throughout the chapter.
• 14:00 - 15:30: Using DealMachine for Effective Cold Calling Discusses using DealMachine to gather detailed information about properties, including square footage, equity, absentee ownership, and sale history, which is useful for cold calling in real estate. Emphasizes the value of high equity, off-market properties and how data can be accessed both on the go and from a desktop.
• 15:30 - 18:00: Structuring Offers to Sellers The chapter titled 'Structuring Offers to Sellers' discusses the importance of utilizing data effectively when it comes to real estate, particularly in identifying motivated sellers. It highlights the use of various tools and platforms, such as DMZ act.com, to enhance the process. The text emphasizes the speed at which the market moves and the necessity for participants to keep pace. Moreover, it introduces strategies like 'driving for dollars' and 'virtual driving for dollars' as methods to find motivated sellers, catering to those who may not have direct access to properties due to location or transportation constraints. The chapter underscores the potential of a combination of traditional and digital approaches in real estate dealings.
• 18:00 - 19:30: Using DealMachine as a CRM The chapter discusses using DealMachine as a Customer Relationship Management (CRM) tool, specifically for finding motivated sellers. It highlights using the software both on the road with a mobile app and at a desktop, suggesting a combination of both for effectiveness. The technique of 'driving for dollars,' which can be done virtually through DealMachine, is explained. The user is directed towards map functionalities within the app to further enhance the process of identifying motivated sellers.
• 19:30 - 21:00: Comping with DealMachine The chapter focuses on using DealMachine for property wholesaling, specifically in the Bard County Palm Bay Area. It describes a technique involving targeting specific neighborhoods to expand on leads like 'driving for dollars.' The method includes using the tool's drawing feature to customize the area of interest for better precision, excluding structures like long buildings that resemble condos.
• 21:00 - 25:00: Conclusion and Endorsement of DealMachine The chapter concludes by endorsing DealMachine, emphasizing its functionality and ease of use for real estate investors. It highlights how the platform allows users to search for single-family houses over a geographic area. The tool efficiently loads data on properties, exemplified by the discovery of 1,077 properties in the user's area of interest. It offers various quick filters such as vacant homes, free and clear homes, tax delinquent homes, and pre-foreclosures, providing flexibility and precision in finding properties that meet the user's criteria.

The BEST DealMachine Tutorial on Youtube! (Beginner to Expert 2024) Transcription

• 00:00 - 00:30 the ultimate deal machine tutorial it's Rick gin and I want to walk you through the three most important phases of how to use dealing machine I'm going to show you how to locate your motivated sers show you how to use it to connect with your motivated sers and finally I'm going to show you how to make offers to your motivated sellers but before I get into it do me a favor make sure you smash that like button hit that subscribe button so you can receive more videos on the most up-to-date information on wholesaling today so you guys heard about deal machine and you're probably watching this video cuz it's
• 00:30 - 01:00 brand new to you want to see how you can use it for your wholesaling business well I'm here to tell you it is probably one of the best softwares for beginner wholesalers and quite frankly the most advanced wholesalers you see I've been wholesaling for 21 years dealing machines probably one of the most influential pieces of software I've seen in the wholesaling business and guys you know I don't say this often and I've actually held back for years on Deal machine because we've used it in our business we've gotten deals and I've tested it all over the the country
• 01:00 - 01:30 through our own personal business and all the hundreds of thousands of people I've helped out and the countless amount of people all over the country I've showed how to get deals with deal machine and I'm here today to break down a simple short video to show you how you can use deal machine today now if you want to get it go over to DMZ act.com if you're brand new to wholesaling make sure you go over to freeh wholesaling.com we break down a complete tutorial in detail I'm going to give you a quick snapshot and show you why you should be using deal machine so the first one is we need to locate motivated
• 01:30 - 02:00 Sellers and you know that's the key ingredient to get a great wholesale deal so what I'm going to do is go into deal machine right now and show you how to you can pick any City ZIP code you can do this geographically what I'll do is pick a city in one of the markets that I've done plenty of business in and I'll show you how we use it to find motivated sellers so let's get started so I'm just going to start out picking a city now you can narrow this down to a zip code and I can even show you how to use a geographic tool but we'll get into it so I am jumping over to bravard County Palm
• 02:00 - 02:30 Bay Florida and I'm familiar with this because I spent a lot of time especially when I first started out in wholesaling I still to this day um use this so this is going to be the entire area and you can kind of zoom in and you can pick neighborhoods and there's multiple things we can do so one of my favorite techniques is what we call driving for dollars and this is the art of just going out and finding distressed properties boarded up Windows tarps on roofs really tall grass and when you're out there driving how do you keep tabs
• 02:30 - 03:00 of it well in the old days I just kept like a yellow notebook pad and people still make fun of me this day but it worked and it still works today but if you want to be a little more sophisticated much more efficient and get better use of your time you can actually go on your phone with the mobile app and you can drive your routes it'll actually keep track your progress it'll show you the routes and you just click on them for today's video I'm going to show you on the desktop cuz it's a little bit clearer for you because I can't do a video on here and let me show you on the desktop what that looks like so where're in their
• 03:00 - 03:30 neighborhood so say I picked this out just say I was going to go to uh we're in Palm Bay and I was looking for a virtual neighborhood and I always just look for signs of distress from high I look for areas where there's a lot of tight housing and stuff like that and then like right here is and I'm just randomly kind of picking a neighborhood and so if you did driving for dollars with the mobile app you could track it but let me show you on the desktop on how you can do this you can actually click this orange button and then we're going to zoom in on the neighborhood and let's just and you can actually slide in
• 03:30 - 04:00 here and you can just start driving so once I click Start Driving look at this guys this is so cool I can actually do what we call virtual driving for dollars now you just use the arrow keys on your computer the uh it's like a compass up down sideways and you can drive and look for distressed properties and this is really cool you can go up high you can go left you can go right I've never seen any other software to do this as efficiently as it does and then I just kind of keep looking around left right that's a nice rehabed house there and
• 04:00 - 04:30 you keep looking around now this is pretty random where I'm going and I just look around so I'm going to go down this street right here and I'm just going to scoop on this house cuz this house if I look here I'm seeing a lot of debris on the side of the yard I got patchy things of grass the roof is definitely stained the yard's falling apart and the driveway looks terrible and I've got some over grown brush here this is a good sign so what I'm going to do is click on this house and while I'm doing this guys if you you look up here it's
• 04:30 - 05:00 going to track my route time so what I want to do is is come in here so if you see down here it already showed the route I'm just giving you example what you can do with it so if I wanted to pick a house I also have another house to it so anytime I'm on this route it's showing me where I've driven I'm doing this virtual now if you're in your car you're going to use your where did I put my phone you're going to use your app it works wonderfully so they both work very well and it's pretty much seamless and whatever you do on your phone is going to upload on your desktop version so I
• 05:00 - 05:30 clicked on a house and it just gives me a quick snapshot estimated value 32 tells me it's off Market it looked like it was a cash buyer if I want to add that lead I just boom I click it and you just keep on driving I can do this forever you actually have the ability if you want to mail to them you can add tags to it and when you're on the mobile app it's really really convenient guys I used to use a yellow piece of paper to do this it took a lot more time and energy and I'm going to show you why it's so valuable to use this as you go but this is what we call the virtual driving for dollars and I'm going to go ahead and refresh this here and so if
• 05:30 - 06:00 you want to know more information about the house then you click on it and you can get more detail now when you're out riding around you just gather the information and when you come back in on your desktop you can access all this information gives you the square footage tell you they have 100% equity which is what we call a high Equity house it gives you the tag it's an absentee owner it's got high Equity off Market Free and Clear guys I love properties like this now I can go down here and I can look at what the tax amount is I can look at the sale history it was last sold in 2014
• 06:00 - 06:30 built 1974 you can click more information here guys it goes on and on I've never had this much information on a property data is critical it's moving faster you've got to move with it go over to DMZ act.com this is just one of the features you use to find motivated sellers you're going to use a combination of your driving for dollars with your app and then you can do virtual driving for dollars those of you that don't have a car or you're stuck in a city where you want to go to another virtual Market this is an amazing way to find motivated sellers it is endless how
• 06:30 - 07:00 you can use this software let's keep going so the next one in finding motivated sellers so I'm going to end my driving for dollars and that's it so you like obviously you spend I spend hours doing it you're going to spend hours doing it either on the road with your mobile app or you're going to do it at your desktop I like to use a combo of both it kind of just shows so this was virtual driving for dollar so if you're driving let's show you another technique and deal machine on how you can use it to pull more motivated sellers so I'm going to go back over to my map area here and I'm going to zoom back out so
• 07:00 - 07:30 I'm back in uh Bard County Palm Bay Area and so say I wanted to key on this neighborhood so let me show you how to pull a simple list say you wanted to Target this area and maybe you're driving for dollars and you got a great lead and you talk to a seller and you want to expand on it and find more and that's that's a great technique in wholesaling so you click on the drawing tool over here and you can basically draw a box and you can custom cut this as close as you want so you notice those long buildings on the side I'm going to cut them out cuz they look like condos
• 07:30 - 08:00 and I'm looking for single family houses and now I can cover a geographic area just that simply and you can customize it all the way back to the end point so it's going to load the data and it's found 1,077 properties but here's the really cool part if you come up here to the quick filters it has all everything you want to like find here so say I want to look up vacant homes I can click vacant homes free and clear homes tax delinquent homes pre foreclosures but
• 08:00 - 08:30 say I just want to do the vacant properties I click that button 29 properties in this area so how cool is that that's 29 now you can play with these filters you get all sorts of stuff I never mess with bank owned properties those are on Market properties a waste of time say I want to find the cash buyers I really don't want them there you can find the free and clear remember that house we just looked at was free and clear 373 properties in this area so if I was going to pull a high Equity list this is where I would have a strong possibility of doing it and if you want to learn how to do more of those filters
• 08:30 - 09:00 and we share them with you how to pull a high Equity list filter go over to freeh wholesaling.com and check this out guys you can even look up tax delinquents here I clicked the tax Del 108 of these properties are delinquent and it's real simple once you do that you can select which ones you want to pull and you can basically save a list and put it inside your CRM within deal machine now the last one just to kind of show you you want to look at preforeclosures there's eight pre forclosures going on to them now now remember this does not negate
• 09:00 - 09:30 you pulling the fresh leads but guys what an amazing Source do you know how much work you'd have to do on your own to go and find these types of motivated sellers now that you have your list you can scroll down it you can take a look at everything and one of these look at this it's an expired listing High Equity that's in pre-foreclosure and this is what we call list stacking it shows all the different boxes they're checking what I would do is I would click on something like that and you can see I don't want to put too much information up there with privacy issues guys these are great deals and then we're going to
• 09:30 - 10:00 show you more and more you can do you can look up the comps you can mail to them you can create a task it's endless what you can do with it and here's the best part I can click on there you can get phone numbers you can do anything we're going to talk about that a little bit more in this video so now that you've seen how you can use deal machine the power in it just to find a motivated seller let's go to the next step and figure out how we can connect with these motivated sellers all in one app so remember guys if you want to get access to it go over to DMZ act.com we give the most advanced tutorials the simplest
• 10:00 - 10:30 tutorials and we use this in our business as we speak right now in 2024 know over free Hol sing.com we teach you some of the most motivated sellers come from government list and we teach you how to do reverse driving for dollars where you basically leave a sticky note on your door and it gets you a high contact rate and know you're saying to go Rick how am I going to incorporate my government list in doing a reverse driving for dollars the old ways we used to open up a map had to draw it out and honestly we just kind of ran all over and sometimes you would lose up to half a day trying to put these sticky notes
• 10:30 - 11:00 no no no no deal machines figured it out you can actually get your government list export your list and you simply go into the leads tab click here and you're going to click add leads now if you look right here you have the ability to click this button and upload your list that's right guys you can now come in here and bring your government list and upload it and it will lay out a route for you to drive to easily do your reverse driving for dollars just the value ad alone of this amazing feature in Deal machine
• 11:00 - 11:30 loan is well worth the price it'll lay out your route it'll give you the fastest way to do it it saves you time it saves you money and honestly it makes you a more effective wholesaler and guys there is competition out there if you want to beat them you've got to use the deal machine now remember what I said earlier you can go over your leads and we can pick out any one of those and just real quick here how do you connect with them you got their email you got their phone number you can click on there I'm not going to pull it up here for privacy issues you guys got an idea
• 11:30 - 12:00 how to do that everything's in there and here's the really cool part deal machine uses the same technology that 911 does it is the most accurate information you get and hold on here's the best part of it if you want to be a cold calling ninja grabbing motivated sellers left and right you can actually get their LLC phone numbers guys I have not found a software service that will solve all three of those things to do they get your email they can connect a regular phone number the ACC accuracy of the 911
• 12:00 - 12:30 information and most important for those nagging llc's that you can't get the phone number deal machine actually solves it for you remember I'm just giving you a quick snapshot of what it can do to honestly implore you to use this technology as I said it is the greatest Innovation I've seen in wholesaling yet and I've been here 21 years I do not endorse a ton of products I'm here to tell you it is the real deal and we use it here with flip with wreck so last but not least let's figure out how we can structure offers for you so
• 12:30 - 13:00 you can actually make an offer to your motivated sellers now you found them you've connected with them the next part is how can I make an accurate offer and how can I use deal machine to help me out with these tools let me show you how the first thing is it has a built-in CRM so all your leads will be put right in here you just scroll up and down and listen you can view the lead and just click there it gives you all the information you want to know if you want to start mailing to them check this out you can do a mail and guys one of the biggest issues with mailing is most of these mail houses they're meant for big
• 13:00 - 13:30 volume deal machine has worked the deal out where they can do one-offs that's right one-offs and you actually do the mail in sequential order now it's up to you I want you to call call them I want you to mail on them I want you to do the reverse driving for dollars But whichever one gravitates most towards you now have the option to do any of the three you get all the info you want on the lead and remember I told you about the skip Trace feature it even gives you tax say it's the likely owner it's going to give you the highest probability of which phone number is going to work guys keep in mind that the cost of this
• 13:30 - 14:00 software is Pennies on the dollar compared to everything else what you get and here's the really cool part is if you sign up for the starter pack at DMZ act.com you get 10,000 free skip traces for it guys it saves you 1,500 bucks I used to pay $150 per number this is amazing it's like less than half a cent keep in mind you're able to pull lists for it saves you money on the list you can do the skip tracing you can find llc's with the accuracy of a 911 number and right now I'm showing you this can act as your CRM it's the only software I
• 14:00 - 14:30 see where it's Allin one so it gives you all the info everything you need and remember we're looking for a motivated seller I don't go too deep into the info until I have to till I identify motivation but here's the really cool part not only is it a CRM it is an amazing comp tool no longer do you have to go to Zillow trulo all these other services keep in mind you can still get comps for free but if I click on the comps boom and you can look at as much detailed information you can zoom in in you can zoom out and it's going to give
• 14:30 - 15:00 you a quick snapshot and you're probably think well you know those comps aren't too detail well click over here on the filters button and you can now filter based on date square footage year the house is built number of bedrooms number of bath mile range in the radius and I mean the the amount you can filter it on MLS records County records guys this works in every state it this is the best all-in-one tool I don't get often excited about software for wholesaling but this one's different and I waited to tell it to you because we ask deal
• 15:00 - 15:30 machine what's the best offer you can give to our flip with Rick Community not only will we support you and do tutorials and we answer all your questions live deal machine comes regularly to our events they come on our lives they constantly share updates and we told them we need the skip Trace feature guess what they delivered 10,000 free skip traces guy I just put $1,500 back in your pocket this thing's dirt cheap and the really cool part if you go to dmc.com you get a 7-Day free trial per don't take my word for it why don't
• 15:30 - 16:00 you go over there and check it out guys the features are endless on this I'm trying to give you a simple one you can go over to activities and you can basically you can add a note you can add a task this is a oneandone for you CRM and remember it has an extremely adaptive mobile app which is imperative when you do driving for dollars guys think about this you can now find your motivated sellers you can connect with them with any way through deal machine app and not only connect with it you can do your comps you can do your CR M you can pull lists it's endless and they
• 16:00 - 16:30 even have an AI feature I just don't have enough time to show it in this video I got to do it in a different video guys go over to DMZ act.com check it out honestly I've been doing this 21 years I got to give deal machine props they've stuck it out they've proven their themselves and honestly I'm on board I love what they do they are perfect for our community at flip withth Rick if you're in freeh wholesaling.com go over there and check them out if you want to learn how to get started in wholesaling or become a real wholesaler and you're tired of getting Mis information on wholesaling go over to
• 16:30 - 17:00 freeh wholesaling.com if you guys love this app let me know in the comments go over to DMZ act.com make sure they give you that 7-Day free trial period and make sure you get those 10,000 free skip traces with it guys I love this piece of software we use it in our business I implore you to use it it is like getting an army of five or 10 employees working for you it's important you connect with motivated sellers check out dealmachine DMZ act.com guys if you like this video give me some love give me a like hit
• 17:00 - 17:30 that subscribe button this is rickin I'll see you in the next video