DealMachine Real Estate App Review 2024
With the help of our in-house editorial team, our platform’s members and external subject matter experts, this comprehensive review of DealMachine real estate software became possible and available for free to those considering this solution!
In this review we evaluated DealMachine’s features, plans, pricing and other important aspects to help our readers make a more educated purchase decision.
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What Is DealMachine?
DealMachine is a driving for dollars app that helps investors find distressed and non-distressed investment properties and their owners, contact them, and follow up on the leads.
To use the platform, simply launch the DealMachine app on your phone and drive for dollars through neighborhoods as you document properties looking suitable for investment.
The app is ideal for investors who are looking for a more precise way of finding properties than simply sending out broadly targeted emails or mail postcards.
Besides generating leads, DealMachine also offers an array of services for prospecting leads, including direct mailing, skip tracing, and property analytics, among others.
What Is DealMachine Used For?
Although DealMachine is mainly known as a driving for dollars app, it’s a more all-rounded platform that takes users through the entire process of finding and converting leads.
The following are the key services users get from the platform.
- Motivated seller lead generation — As you drive around and find properties to wholesale or flip, add them to your leads list by documenting the property address and taking pictures.
- List building — Users can quickly create custom and up-to-date lists by searching for leads by zip code, city, or drawn map area.
- Lead tracking and management — DealMachine’s built-in CRM enables users to save leads’ data, organize the leads based on different parameters, and track the progress of each lead.
- Direct mailing services — Users can send highly targeted and personalized real estate postcards with images of the actual property, increasing chances for conversion.
- Automated owner lookup — By simply entering a property’s address, users can find the owner’s information including their name, mailing address, and mortgage information.
- Route tracking — DealMachine tracks all your driven routes and highlights them on the map so you can avoid driving the same routes twice.
- Bulk skip tracing — Upload your leads list to find the contact information (phone number, emails, and other addresses) for property owners. You can also perform a single trace at a time.
According to users’ reviews across the Internet, the DealMachine app is constantly updated with minor service improvements and new features.
DealMachine Users Breakdown by Specialty
Is DealMachine Legit?
Yes. DealMachine is a legitimate real estate investor software tool that has been in service since 2017.
In that time, the platform has grown in popularity to become the highest-rated real estate investment software on both the iOS and Google app stores with over 5000 reviews.
DealMachine also has a strong social media presence, gathering tens of thousands of followers on Facebook, Instagram, and YouTube.
When it comes to security, the platform is safe as it utilizes stringent physical, electronic, and managerial procedures to safeguard all data collected on the app.
Additionally, all user accounts have strong password protection. Users are recommended to include uppercase and lowercase letters, numbers, and special characters in their passwords.
All in all, you can be assured that DealMachine is not a scam. We also included it in our list of the best lead generation sources for real estate investors.
DealMachine Customer Reviews
The DealMachine app is always improving and very user-friendly.
I can either turn it on and drive while I find properties, or I can select a list of properties and GPS will guide me through the neighborhood. Marketing and follow-up is automated from there.
It’s the best D4D app on the market!
I like that it’s very easy to use. I also love its clean user interface.
DealMachine Pricing
DealMachine requires a paid subscription to use its services. All subscriptions come with the following default services:
- Driving for dollars
- Daily data updates
- Direct mail
- Skip tracing
- Virtual driving for dollars
- API integration
- Data exports
- Task management
- MLS and county comparable sales
- MLS data and photos
- Chat support
- User guides and tutorials
Currently, the DealMachine price model is broken down into three subscription packages that are based on the number of users the app can support. They include:
- Starter — Ideal for beginners and part-time users.
- Pro — Ideal for full-time investors.
- Teams — Ideal for large teams such as investment companies.
Starter
The pricing for DealMachine’s most basic package is $59/month, or $590 if you choose to be billed annually.
This plan supports only one user and includes the following additional services:
- Add up to 10,000 leads.
- Direct mailing starting from $0.64.
- 1,000 monthly exports.
- $0.17 per skip trace ($0.34 for corporate skip traces).
Pro
The Pro package is the platform’s most popular plan and starts at $99/month, or $990/year when billed annually.
This plan supports up to 5 users and is the ideal package for any full-time investor. The following are the plan’s main offerings:
- Add up to 100,000 leads
- Direct mailing starting from $0.59
- $0.17 per skip trace ($0.28 for corporate skip traces)
- 10,000 monthly exports
- List stacking
- Up to 10 custom fields
- Custom Pipeline
Teams
DealMachine’s Teams plan is built to accommodate 10 users or more at a time. Users will have to pay $299/month, or $2,990/year when billed annually to use this plan’s features.
As the most advanced plan, this package contains all the services offered on the Starter and Pro plans, and more:
- Add up to 500,000 leads
- Direct mailing starting from $0.54
- $0.12 per skip trace ($0.24 for corporate skip traces)
- 100,000 monthly exports
- Up to 25 custom fields
- Chat support priority
Add-On Services
In addition to the subscription plans, DealMachine also offers additional stand-alone services at an extra cost, including:
- List builder — Starting from $49/month, users can unlock advanced list building features such as smart lists, 70+ filter options, and unlimited list building, among others.
- Driving upgrades — Here, you can enjoy advanced wholesale real estate tools such as route tracking and planning, driver recruitment and training, and a maximum user limit of up to 100 drivers. This service also starts at $49/month.
- Mail upgrades — For $49/month, users can create mail sequences, track mail, include a street image, and fully customize the available postcard templates.
- Elite Masterclass — Starting from $100/month, users can access a peer community and on-demand training videos of advanced REI skills. You can also join live weekly classes taught by real estate investment coaches.
DealMachine Coupon & Promo Codes
DealMachine Features
DealMachine is a dynamic REI platform with several helpful modules that have been integrated together to help investors find cheap homes to flip and convert leads in minimal time.
Here are DealMachine’s main features.
Driving For Dollars
The main way users generate leads with DealMachine is by driving for dollars. To apply this feature, users simply have to launch the app when driving through neighborhoods.
Still, you don’t have to physically go for a drive.
The platform enables users to virtually drive through neighborhoods and find motivated sellers right from their computer thanks to the DealMachine Google Chrome extension.
Other driving for dollars support tools include:
- Route tracking and mapping — The platform displays driving routes in real-time for all members of the team to prevent redundancies in routes covered and save time.
- Drive sessions summaries — The app provides a clear overview of the routes, properties added, and the total time and miles each member has covered.
- Route freshness — This tool shows users the neighborhoods that need to be revisited after a certain duration.
- Data exports — Users can export all their driving for dollars data for analysis and reference.
- Driver recruitment — Set up a custom landing page where drivers can apply to be DealFinders (real estate bird dogs). Share training videos to guide them on the types of motivated sellers and properties you want them to find.
List Builder
The List Builder Engine is a helpful tool for wholesale real estate lead generation.
It enables users to create a comprehensive list of leads from driving through neighborhoods or searching on a map.
On the map, you can search for leads either by using zip codes, city names or drawing out an area. Additionally, you can add several filters to target specific types of potential motivated sellers and properties, including:
- vacant
- preforeclosure
- bank-owned
- with absentee owners
- single-family homes
- specific size
- assessed value
DealMachine also offers Smart List — a module that synchronizes your lists with county records to keep them updated.
Single and Bulk Skip Tracing
Find the contact information of property owners by using the real estate skip trace feature on DealMachine.
The tool helps you find owners’ names, phone numbers, email, and other addresses.
You can skip trace individual leads (ideal when driving for dollars), as well as bulk leads by uploading a spreadsheet with all your leads.
The skip tracing tool for real estate investors is fast and scans up to 500 records a minute.
The tool also provides accurate results due to three major reasons:
- The app shows you which returned numbers are still connected.
- It verifies the caller ID registered for each phone number returned.
- It identifies which numbers can successfully receive text messages.
Lead Organization and Management
DealMachine comes with a built-in CRM for real estate wholesalers and investors to help you track and follow up on leads, organize properties, and monitor return on investment.
The CRM has a range of supporting real estate investor tools that facilitate lead management:
- Bulk uploads — Users can upload their lists (in .csv format) and make changes to them.
- Notes tool — Add key details from a phone call, property visit, or during a driving for dollars session.
- Custom tags — Use personalized tags to easily organize and sort different deals.
- Third-party app integration — DealMachine supports Zapier integration which lets you connect to over 1,000 third-party apps, including CRMs and work management platforms.
Direct Mail Campaigns
Direct mailing is a crucial part of the leads’ follow-up process which can significantly increase your ROI.
DealMachine automates sending direct mail for real estate wholesalers, investors, and agents. It provides 10 postcard templates with customizable colors, designs, and wordings.
The app also lets you personalize the templates by including an image of the actual property — a strategy that dramatically increases the chances of a seller responding to your mail.
Furthermore, users can set up automated follow-ups to save time and close deals faster.
There’s also an ROI tracker that automatically updates a lead’s status for returned mail and lets you know when mail is delivered.
Unlimited Property Owner Lookup
DealMachine lets investors enter a property’s address and search for the owner right in the app.
The app will provide the owner’s name, mailing address, and mortgage information.
Once you have the name and address, you can use the skip tracing tool to find the owner’s contact details.
DealMachine Pros and Cons
Pros
- The platform has a free CRM for real estate investors to store all property and leads data.
- DealMachine provides owner information that’s 96.5% accurate. The info is sourced from public records and third-party data across the internet.
- Since the platform is mainly used on mobile devices, users can cold call leads in an instant.
- The platform is easy to use and has a zero learning curve according to users. You can start finding distressed properties and reach out to leads right away.
- Users can send real estate investor direct mail with one click and automate follow-ups, saving time and making the marketing process more efficient.
- Users can capture leads 24/7 since the app is predominantly used on mobile.
- DealMachine offers plenty of training materials on their YouTube channel on how to use the various services.
Cons
- DealMachine can get expensive. Besides skip tracing and postcards costs, there are additional paid features like list building and mail tracking, all in addition to the subscription fees.
DealMachine Integrations
- InvestorFuse
- Zapier
- Google Maps
- Mojo Dialer
- Slack
- Asana
- HubSpot
- Podio
- Gmail
- Follow Up Boss
DealMachine Alternatives
DealMachine Achievements
Awards & Recognition
Best Driving for Dollars App (Awarded by Real Estate Bees)
Press & Media
DealMachine FAQs
Does DealMachine have a free trial?
Yes. DealMachine has a 7-day free trial period where users can test drive the app before deciding whether to proceed with a paid subscription.
How many clients does DealMachine serve?
There is no concrete data on the number of users DealMachine serves.
Still, the platform has received over 300,000 downloads and 5,000 customer reviews across the iOS and Google app stores indicating a huge customer base.
Is DealMachine free?
No. DealMachine requires a paid subscription. You can only use the app for free within the 7-day trial period.
Who founded DealMachine?
DealMachine was created in 2017 by David Lecko.
David, who has a strong background in computer engineering, also runs the company as CEO.
What is DealMachine’s customer service number?
The company does not have a customer service line. Instead, users can reach out for assistance through the app’s chat support.
Customer service reps are available every day from 9 a.m. to 9 p.m. EST.
How to cancel a DealMachine subscription?
To cancel your paid membership, email the company’s support team with a cancel request at [email protected].
Note that you will not receive any refunds when you cancel. However, you’ll be able to use the platform’s services until the subscription expires.
What awards and recognitions has DealMachine received?
The platform recently took home four awards from Powderkeg’s ‘Best Companies of 2022’.
These awards include: best company to work for, best remote company, best top-rated tech company, and best work-life balance.
DealMachine has also been recognized by Forbes as one of the top real estate tools every investor should know about.
DealMachine Tutorials & Training
Is DealMachine Worth It?
Yes. DealMachine is an all-around REI solution that supports all your driving for dollars needs. You can drive around neighborhoods searching for foreclosures and other distresses homes and contact owners in seconds.
Additionally, the platform has been praised by professionals in the real estate industry and customers, receiving a high rating of 4.8 stars out of 5 on Google and iOS app stores.
The platform also has highly responsive customer support.
Overall, DealMachine is ideal for both new and established real estate investors specializing in driving for dollars.
DealMachine Contacts
- Website: Official website
- Phone: N/A
- Email: [email protected]
- Address: 456 N Meridian St, STE 44050, Indianapolis, IN 46204
- Socials: Facebook, Instagram, Twitter, YouTube
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About the Author:
With over 20+ years of experience in real estate investment and renovation, Brian Robbins brings extensive knowledge and innovative solutions to the HouseCashin team. Over the years Brian has been involved in over 300 transactions of income producing properties across the US. Along with his passion for real estate, Brian brings with him a deep understanding of real estate risks and financing.