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All Forum Posts by: Lucas Machado

Lucas Machado has started 49 posts and replied 744 times.

Post: Building my team

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

@JORGE RIVERA - Have you considered trying to wholesale a few deals to save up the cash you'll need to be able to use hard money for your flips?

Post: Property Manager & Investor - Miami

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

Welcome @Jose R.!

Post: Real Estate investor and Finance Professional

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

Welcome @Daniel L.! How far south are you willing to go? most of the meetings I attend are in the Ft. Lauderdale or North Miami area...

I know there's a Palm Beach REIA (http://palmbeachia.com) but I haven't gotten around to attending one of their meetings yet.

Post: It's All About Connections!

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

Welcome to BP @Brandon Serra!

Post: New Member from South Florida

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

Welcome to BP @Jonathan Plummer! The first step to being a great wholesaler is having great deals...There's a ton of resources here on BP discussing how to market for off market  properties - I would start there. Once you feel like you have a solid lead, perhaps consider partnering with another wholesaler on the deal - they can show you the ropes and you can both make some money. 

Best of luck in your investing!

Post: which area in FL is great for flipping currently

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

@Ron J. when you say "flipping" are you talking about fix and flips or wholesaling? Lately people (in South Florida at least) are using the term "flipping" for both...

Post: Investor/Real Estate agent

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

@Michael Acampora - Though there are some great ones, I couldn't agree with you more regarding the quality of some of the agents down here...Welcome to South Florida! Haha! Good luck with your investing. If there's anything I can do don't hesitate to reach out.

Post: Looking to mastermind with a group of REI in south Florida.

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

@Buck Savage - The local investor meetings I like to attend are:

- DREIA hosts a monthly event in Miami Shores on the 3rd Wednesday. Occasionally they also do an event in Ft. Lauderdale on a Thursday (www.dreia.org)

- BREIA hosts a monthly meeting in Davie on the first Wednesday (www.breia.com)

- @Dawson Johnson runs a weekly lunch meeting every Thursday in Ft. Lauderdale - one of my favorite meetings. (http://www.meetup.com/REandB/)

- @Account Closed organizes a meetup of BP members in South Florida, usually meeting in Ft. Lauderdale (http://www.meetup.com/GREAT-Opportunity-Las-Olas-Real-Estate-Investors-Meetup/)

- Weston Real Estate Investors Network is a lunch meeting on the last Wednesday of every month (http://westonrein.com)

I know there are many others that I myself don't yet know about as well...Perhaps someone else can comment on those...

Post: Future REI in South Fl

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

@Jarrett McNeal try to remember to tag someone (type '@' then their name) when responding to them directly (or just quote their message) so they'll get a notification that they were mentioned...I almost missed your reply :)

You can find rehab deals on the MLS, but there's a lot of competition there so good deals are hard to come by. If you aren't planning to do your own marketing for off market deals, I highly recommend connecting with some wholesalers. I'd be happy to help you find your first rehab!

I wrote about the main meetings I attend here: https://www.biggerpockets.com/forums/311/topics/238766-new-member

I've also recently started to attend another lunch meeting, which takes place every week on Thursdays. LOVE this meeting - one of my favorites. @Dawson Johnson runs it - there's a link to the website in his profile.

Post: New Member

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

Welcome @Richard Petrocelli! I'm originally from New Jersey as well! New Jersey will always have a place in my heart, but not only is the real estate down here much cheaper, we've got much better weather as well :)

When you say "flipping" are you talking about fix and flips or wholesaling? Down here a lot of people are using the term "flip" for "wholesale".

I highly recommend checking out some of the local investor networking events. I wrote about the main ones I attend here: https://www.biggerpockets.com/forums/311/topics/23...

I've also recently started to attend another lunch meeting, which takes place every week on Thursdays. LOVE this meeting - one of my favorites. @Dawson Johnson runs it - there's a link to the website in his profile.

Best of luck in your investing! Hope to see you around!