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All Forum Posts by: Lucas Machado

Lucas Machado has started 49 posts and replied 744 times.

Post: Newbie From West Palm Beach Florida

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

Welcome to BP @Richard Godfrey! Best of luck in your RE journey!

Post: New Member from South Florida

Lucas MachadoPosted
  • Real Estate Investor
  • Sunny Isles Beach, FL
  • Posts 788
  • Votes 333
Originally posted by @Didier Garcia:

Thanks @Lucas Machado! If you have any suggestions for events let me know :)

I wrote about the main ones 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 from Florida - first post

Lucas MachadoPosted
  • Real Estate Investor
  • Sunny Isles Beach, FL
  • Posts 788
  • Votes 333
Originally posted by @Joel Velasquez:

@Lucas Machado thanks for the info! I am going to check out the link and make it to a meeting soon. I'm fairly new to REI, anything I should know before attending the meetings?

Bring business cards if you have them. Other than that, just be honest about what you know and don't know, and just be yourself!

Post: First Rental Property in 2016

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

If you have access to private money you have a lot of options...It's really just comes down to what your lenders are comfortable with...

If you just plan to use bank financing, you're limited to properties that the banks are willing to finance, which means they need to be in pretty decent shape. Banks are unlikely to lend on a property that isn't already livable.

Post: New Year, New South Florida Investment Properties (MDC/BC/PBC)

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

Are you a cash buyer looking for South Florida investment properties? Do you have a network of cash buyers who are looking for great deals in South Florida? If so, lets connect! I'm a wholesaler and hard money lender based out of South Florida!

  • We work the tri-county area: Miami-Dade, Broward, and Palm Beach counties.
  • We send a lot of direct mail to sellers so we get a ton of off market deals.
  • We have all kinds of properties: single family homes, small and large multi families, condos, townhouses, vacant land, commercial, etc.
  • We have deals from as little as $10,000 all the way up past $1 million.
  • We can also provide hard money loans for our deals.

If you'd like to be added to our list you can either:

  • reply to this thread with your email (name and phone number optional)
  • send me a private message with your email (name and phone number optional)
  • or sign up on our website: http://www.mwregroup.com/sign-up/

Thanks! Best of luck to you in 2016!

Post: New Member from South Florida

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

Welcome @Didier Garcia! I used to work in tech as well, and made the move to REI for the same exact reason...

I highly recommend attending some networking events. Making connections in this business is invaluable. The people you will meet have experience, knowledge, and may be a good source of deals for you.

Welcome to BP and good luck in your RE journey! 

Post: First Rental Property in 2016

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

@Sean Dulcio - As @Brie Schmidt said, it partially depends on your purchasing power...Are you planning to pay all cash? Or do you plan on getting financing through a bank or HML? This will somewhat dictate what kinds of properties you can consider...

You can certainly link up with some realtors and they can show you stuff that's listed on the MLS...But some of the best deals are off-market, and for those you'll either have to either do your own marketing, or buy through a wholesaler. Auctions might also be an option, but again, the "best way" to get a property is going to depend on your purchasing power...If you need bank financing, MLS is probably your best bet...

Post: Real Estate Agent, Miami FL

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

Thank you for your service @Witold Lewandowski! Welcome to BP!

Post: New member from Florida - first post

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

@Joel Velasquez - 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.

Hope to see you soon!

Post: New member from Florida - first post

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

Welcome @Joel Velasquez! Hope to see you around at a local event. Feel free to reach out directly if you think there's anything I can do to help. Best of luck in your journey.