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All Forum Posts by: Lucas Machado

Lucas Machado has started 49 posts and replied 745 times.

Post: Coffee in Delray Beach, FL on November 7th, 2015

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

Can't make it to this one. Hope it happens again!

Post: New Member - Miami, South Florida

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

@Lucas Machado that is an awesome attitude to have towards it, and so far from the short amount of time that I've been participating here; it seems that a lot of RE investors have the "giving hand" attitude. Sure is a nice change coming from a cut-throat negative prison setting from my most recent career!

I'm sure I'll run into you there, look forward to meeting!

Definitely a lot of people here on BP with the "giving hand" attitude. I think the majority of people you will run into at the REIA's are that way too...

Unfortunately though, this industry is filled with a lot of folks who only have their own interests in mind, especially here in South Florida, so you do have to be on alert at all times!

Post: New Member - Miami, South Florida

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

@Account Closed I just signed up for the meeting tomorrow, I've really got nothing to lose from attending, just going to drag my girlfriend with me so I'm not alone lol.

The only thing that makes me hesitant is the feeling that I don't have much to offer yet but tons to learn, so networking can be difficult, I feel, without having some experience in the RE field to offer onto the table as well. But I'll be there with pen and paper for sure!

Don't forget, everyone is a newbie at some point...We've all been there, and we can all relate. I think as long as you are honest about what you know and what you don't know, and have a good energy, the people you meet will respect you.

Also, I don't believe that I need to get something out of every single interaction I have with people in the industry (or life in general). Sometimes you just give because it feels good to do so. I've spent plenty of time at networking events talking to newbies who I may never do any business with. Why? Because I know how it feels to be in their shoes, and I want to help them walk away feeling good about the experience. If they feel good about it, they are more likely to come back, and more likely to get really involved in the industry. Well, I guess I do get something out of it - I just feel better about myself, as a professional and as a human being.

Frankly, anyone who thinks otherwise, I don't want to interact with anyway...Both on a personal level and a professional level. They are out there unfortunately, but they are also easy to spot - once you spot them, just move on!

Hope to run into you at BREIA tonight!

Post: Newbie to Miami, FL

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

Welcome to BP @Stefan Autrey! Don't hesitate to shoot me a message if you'd like some help finding your next fix & flip deal. Hope to see you at one of the local networking events soon - I'll be at BREIA tonight, BP meetup next week, and DREIA the week after that.

Good luck in your investing!

Post: New member from Miami Florida

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

Welcome to BP @Jean Pierre - hope to see you at a local networking event soon! I'll be at BREIA tonight, BP meetup next week, and DREIA the week after that!

Post: Active REO Broker and Investor in S. Florida!

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

Welcome to BP @Leonard Retamar!

Post: New Member - Miami, South Florida

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

@Lucas Machado Awesome thanks! I didn't realize Dade had a REIA as well. I had joined Broward and have really been contemplating going to their event on the 4th but it really seems like just a big sales pitch judging by the e-mails I have received (I may be WAY wrong on that assumption)

Thanks for the info!

I think you will find that to be the case for all REIAs...But these events do cost money, and everybody's gotta eat!

That said, they are still valuable, and you can avoid the sales pitches if you want. The first portion of the meetings is for networking. Yes, the room also has a ton of vendors who are there to pitch their services, but: 1) some people find that useful (I for example have established relationships with some of those vendors) and 2) you can avoid them if you want, and just network with the other people in the room.

For the second portion of the meeting there is some quick elevator pitching by the vendors, followed by some speaking (and the speaking often has some sales pitch sprinkled in). These talks can be useful - depends on what you're interested in, what they are speaking about, who is speaking, and whether or not you've heard that person speak on that subject before. Usually the networking room clears out during the talks, so clearly a bunch of people find value in it.

Even if you just go for the networking, and leave when the speaking starts, I think it's well worth it. I end up doing that fairly often if there's no one left to network with.

I'll probably be there tomorrow...Hope to run into you at a local event soon!

Post: New Member - Miami, South Florida

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

@Joshua Pavao I posted about some local investor meetings here: https://www.biggerpockets.com/forums/311/topics/238766-new-member

Post: New Member - Miami, South Florida

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

@Joshua Pavao - Welcome to the neighborhood! And BP! South Florida is a great place for both flips and rentals...Due to the foreclosures, there's a ton of cheap inventory, and also a lot of rental demand.

Glad you took the big leap to move down here. I also left a cushy 6 figure tech job in California to move down here and invest in real estate, and I haven't regretted it in the slightest. Everything in life worth doing is scary and has some risks!

Good luck in your investing! Hope to see you around. If there's anything I can do to help, don't hesitate to send me a message.

Post: House Needs Light Rehab To Be Rent Ready (Miami Gardens, FL)

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

Miami Gardens, FL 33056 - $92,000

Contact me privately for complete address and additional information.

Cash Buyers or Private/Hard Money Only Please!

Year Built - 1972
Square Footage - 1,000 sq ft
Bedrooms - 3
Bathrooms - 1
Floors - 1
Lot Size - unknown
Property Type - Single Family

CBS 3 bed / 1 bath home in Leslie Estates subdivision of Miami Gardens. Property is very clean but needs some work. Won't cost much to get this one rent ready. Great rental area.

Comps:
- 19740 NW 33rd Ave - SOLD 4/20/2015 @ $169,000
- 20320 NW 33rd Ct - SOLD 3/31/2015 @ $151,000
- 2944 NW 192nd Ter - SOLD 5/22/2015 @ $150,000
- 3030 NW 188th St - SOLD 8/4/2015 @ $150,000

Call, text, email, private message, or comment below if interested.

- 754-800-4743

- [email protected]

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Not enough cash for one of our deals? Call us about a hard money loan!