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All Forum Posts by: Lucas Machado

Lucas Machado has started 49 posts and replied 745 times.

Post: Newbie from Boca Raton, Florida

Lucas MachadoPosted
  • Real Estate Investor
  • Sunny Isles Beach, FL
  • Posts 788
  • Votes 333

Welcome @Rodrigo Gloria!

Post: Recently Moved to Hollywood, FL

Lucas MachadoPosted
  • Real Estate Investor
  • Sunny Isles Beach, FL
  • Posts 788
  • Votes 333

Welcome to South Florida @Justin Hernandez! I'm originally from NJ as well. If you aren't too busy with your move, you might want to check out the next BREIA (www.breia.com) meeting - it's one week from today. Lots of great networking. I'll be there myself. Hope to run into you at an event real soon! Best of luck!

Post: New member from Coral Springs, South Florida

Lucas MachadoPosted
  • Real Estate Investor
  • Sunny Isles Beach, FL
  • Posts 788
  • Votes 333

Welcome @Marsha Segree! BP is a wonderful resource. I also recommend checking out the REIA's and other investment groups/meetups in the area. The two largest in your area are BREIA (www.breia.com - next on is one week from today), and DREIA (www.dreia.org).

Hope to run into you at an event real soon! Best of luck in your journey!

Post: New Investor (Palm Beach County)

Lucas MachadoPosted
  • Real Estate Investor
  • Sunny Isles Beach, FL
  • Posts 788
  • Votes 333

Welcome @Jonathan Friedman! In my opinion South Florida is a solid market for fix and flipping...There's a lot of competition out there for deals, so the tough part is finding good deals where the numbers work, but that's not an insurmountable obstacle. Best of luck in your journey!

Post: Question for those who use Google adWords - Conversion Rates

Lucas MachadoPosted
  • Real Estate Investor
  • Sunny Isles Beach, FL
  • Posts 788
  • Votes 333

We've been delving into adwords since around February 2016, spending around $2,000 per month.

Adwords cost per lead (form and call-in combined) is around $150.00.  Cost per deal seems to be about $5,000 (we have done one major deal from adwords, but it was one of our largest).  It's hard to say cost per deal with specificity, but that is my best guess.  Conversion rate about 10%.

Of the 25-50 other adwords leads that have not resulted in deals, about 10% could be deals down the line.  Obviously, leads can take months if not years to pan out.  Keep in mind: the deal rate is dependent on your strategies.  We're working on some creative new strategies to convert more of the off-market leads.  The more tools in the tool belt the more deals you can close.

Also check out Bing paid searches.  Although less quantity, we have lower cost per click/conversion on Bing.

Post: Sourcing Deals

Lucas MachadoPosted
  • Real Estate Investor
  • Sunny Isles Beach, FL
  • Posts 788
  • Votes 333

Congrats @Blake Harper! I'm a rehabber, wholesaler, and lender, and I'm interested in partnerships so I'll shoot you a message...

Post: Hello From South Florida!

Lucas MachadoPosted
  • Real Estate Investor
  • Sunny Isles Beach, FL
  • Posts 788
  • Votes 333

Welcome @Louis Mannikko! Best of luck, and let us know how we can help!

Post: New member in South Florida!

Lucas MachadoPosted
  • Real Estate Investor
  • Sunny Isles Beach, FL
  • Posts 788
  • Votes 333

Welcome @Samuel R.! Best of luck in your journey...Let us know how we can be of help!

Post: Real Estate Agent From Florida

Lucas MachadoPosted
  • Real Estate Investor
  • Sunny Isles Beach, FL
  • Posts 788
  • Votes 333

Welcome @Dustin Mercurio!

Post: New At Wholesaling In Miami Dade and Broward!

Lucas MachadoPosted
  • Real Estate Investor
  • Sunny Isles Beach, FL
  • Posts 788
  • Votes 333

Welcome @Joan Soto! I suggest checking out investor networking meetings in the area...Lots of wholesalers down here and you'll find a lot of them at these meetings. The two biggest ones in this part of South Florida are: DREIA (www.dreia.org) and BREIA (www.breia.com)

Best of luck in your journey! Let us know how we can help!