SA801 | Driving for Dollars as an Effective Tool in Real Estate Investing with David Lecko
David Lecko
Join David Lecko as he shares his journey of transitioning from being a W2 employee to achieving financial freedom through driving for dollars in acquiring his rental properties. Discover the creative strategies he utilized and the lessons he learned in real estate investing. Tune in!
Key Takeaways to Listen for
- The importance of consistency in achieving success in real estate
- Valuable lessons from David’s first real estate deal
- An innovative strategy to build your portfolio for new investors
- DealMachine: What it is, how it started, and how it works
- Why you shouldn’t time the real estate market
Resources Mentioned in This Episode
- Zillow
- Thumbtack
- Venmo
- 99Designs
- DealMachine for Real Estate | Google Play and App Store
- Apartment Syndication Due Diligence Checklist for Passive Investor
About David Lecko
David is a real estate investor living in Austin, TX and investing in Indianapolis, IN. David started his REI journey with just $7,000. Now, he has a portfolio of 10 rental properties that generate $179,000 in annual rental income and are worth $1.9M.
His investment strategy centers around the BRRRR method, and he finds his leads by driving for dollars. David also co-hosts the DealMachine Real Estate Investing Podcast, which helps listeners start their journey to financial freedom through real estate. When he’s not making deals, you might find David surfing, doing laps on the racetrack, or hanging out with his cats, George and Winston.
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Connect with David:
- Website: DealMachine
- Podcast: The DealMachine Real Estate Investing Podcast
- Instagram: @dlecko