DealMachine is an all-in-one real estate investing platform that offers lead generation, skip tracing, dialing, and direct mail marketing tools to help investors find and close deals.
What is DealMachine
DealMachine is a comprehensive software solution designed for real estate investors, wholesalers, and professionals looking to streamline their property acquisition process. It combines multiple features like driving for dollars, list building, skip tracing, an AI-powered dialer, and marketing automation into one platform. DealMachine aims to empower users to find off-market properties, connect with property owners, and close deals more efficiently.
Key Features of DealMachine
DealMachine is an all-in-one real estate investing platform that offers features for lead generation, property analysis, owner contact information lookup, marketing automation, and deal management. It includes tools for driving for dollars, building targeted property lists, skip tracing, AI-powered calling, direct mail campaigns, and a CRM to track leads and deals.
Driving for Dollars: Mobile app to find and add off-market properties while driving, with route tracking to avoid duplicates.
List Builder: Create targeted lists of potential investment properties using 700+ data points and 70+ customizable filters.
Skip Tracing: Look up property owner contact information including phone numbers and email addresses.
AI-Powered Dialer: Integrated calling system with AI assistance for confident communication with property owners.
Direct Mail Automation: Send customized postcards and letters to property owners with automated follow-ups.
Use Cases
Real Estate Wholesaling: Find distressed properties, contact owners, and quickly assign contracts to cash buyers.
Fix and Flip Investing: Identify undervalued properties in need of renovation to purchase, improve, and resell for profit.
Building a Rental Portfolio: Source potential long-term rental properties and connect with owners to make purchase offers.
Land Investing: Find and acquire vacant land parcels for development or resale.
Pros
All-in-one platform integrating multiple real estate investing tools
Mobile app for on-the-go lead generation and property analysis
Extensive property and owner data with skip tracing capabilities
AI assistance for calling and communicating with property owners
Cons
Monthly subscription cost may be high for beginners or part-time investors
Effectiveness relies on active use and driving to find properties
Property data may not always be 100% accurate or up-to-date
How to Use DealMachine
Download the DealMachine app: Download and install the DealMachine mobile app on your smartphone from the App Store or Google Play Store.
Create an account: Sign up for a DealMachine account by providing your email and creating a password. Choose a subscription plan that fits your needs.
Set up your profile: Complete your profile with your name, company information, and preferred settings for using the app.
Start driving for dollars: Use the app's driving for dollars feature to find potential investment properties. Drive around neighborhoods and tap on distressed properties to add them as leads.
Access property information: View detailed property information, including owner details, property characteristics, and estimated values for leads you've added.
Skip trace property owners: Use the skip tracing feature to find contact information for property owners, including phone numbers and email addresses.
Send direct mail: Create and send personalized direct mail campaigns to property owners directly through the app. Choose from pre-designed templates or create your own.
Use the AI-powered dialer: Make calls to property owners using the built-in dialer with AI assistance to help guide your conversations.
Manage your leads: Use the app's CRM features to track and manage your leads, including setting follow-up tasks and updating lead statuses.
Build targeted lists: Use the List Builder feature to create custom lists of properties based on specific criteria like property type, owner information, or other data points.
Analyze your results: Review your campaign performance and deal progress using the app's analytics and reporting features.
Collaborate with team members: If applicable, use team features to assign tasks, share leads, and track team member activity within the app.
DealMachine FAQs
1.What is DealMachine?
DealMachine is an all-in-one real estate investing app that helps users find off-market properties, get property owner contact information, and connect with potential sellers. It includes features like driving for dollars, list building, skip tracing, an AI-powered dialer, and direct mail marketing automation.
2.How does DealMachine's driving for dollars feature work?
DealMachine's driving for dollars feature allows users to find distressed properties by driving through neighborhoods. The app automatically logs your location as you drive, so you can easily add properties as leads and avoid driving the same routes twice. You can then get owner information and contact details for the properties you've added.
3.Does DealMachine offer skip tracing?
Yes, DealMachine offers unlimited skip tracing (contact information lookup) for property owners. This includes phone numbers and email addresses. The skip tracing feature is included with DealMachine subscriptions.
4.What is DealMachine's AI-Powered Dialer?
DealMachine's AI-Powered Dialer is a calling tool that helps users connect with property owners. It offers features like live transcriptions, AI assistance during calls, and follow-up automation. The dialer is designed to help real estate professionals make cold calls with more confidence.
5.Can I send direct mail through DealMachine?
Yes, DealMachine offers a marketing automation feature that allows you to send direct mail to property owners. This includes automated follow-ups. The platform can send postcards with personalized messages and even include a picture of the property to increase response rates.
6.Is there a free trial for DealMachine?
Yes, DealMachine offers a free 7-day trial for new users to test out the platform and its features before committing to a subscription.
7.Does DealMachine have a mobile app?
Yes, DealMachine has a mobile app available for both iOS and Android devices. The app is designed to make it easy for real estate investors to find and contact property owners while on the go.