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PPC for Investors: Google Ads That Find Motivated Sellers

Master PPC advertising for real estate investing. Learn how to run Google Ads campaigns that find motivated sellers profitably.

16:004 lessonsFree
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This course is part of Marketing & Lead Gen in The Mantis Method.

1

Google Ads 101: How PPC Works for Real Estate Investors

Concept4:00

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PPC stands for pay-per-click. You create an ad on Google. When someone searches for "sell my house fast" in your market, your ad appears at the top of the results. You pay Google every time someone clicks your ad. If your ad and landing page are set up correctly, some of those clicks become leads. Some of those leads become deals.

Why PPC works for investors:

1. Intent. Someone typing "sell my house fast Dallas" is actively looking to sell. They are not on a list you bought. They are not ignoring your mailer. They went to Google and searched. That is the highest intent lead you can get.

2. Speed. Unlike SEO, which takes 6 to 12 months, PPC works immediately. Launch a campaign today, get clicks today, get leads this week.

3. Control. You set the budget, the keywords, the geography, and the schedule. You can pause or adjust campaigns in real time based on results.

The economics of PPC for investors:

Cost per click: $15 to $50 depending on your market. Competitive markets like Phoenix, Dallas, and Atlanta run $30 to $50 per click. Smaller markets like Omaha or Raleigh run $15 to $25.

Conversion rate (click to lead): 5% to 15% for a well-optimized landing page. If you get 100 clicks and 10 fill out your form, that is a 10% conversion rate.

Cost per lead: $100 to $300. At $30 per click and a 10% conversion rate, each lead costs $300. At $20 per click and 15% conversion, each lead costs $133.

Lead to deal conversion: 3% to 8%. Out of every 100 leads, you close 3 to 8 deals.

Cost per deal: $1,500 to $5,000. On a deal that profits $30,000, that is a 6x to 20x return on ad spend.

Realistic monthly budgets:

Starter: $1,000 to $1,500/month. Gets you 30 to 50 clicks, 3 to 7 leads. Enough to test if PPC works in your market.

Growth: $2,000 to $3,000/month. Gets you 60 to 150 clicks, 8 to 20 leads. Consistent deal flow from PPC alone.

Scale: $5,000 to $10,000/month. Gets you 150 to 400 clicks, 20 to 50 leads. For investors doing 5+ deals per month.

A common mistake is starting with $500/month. That gets you 15 to 25 clicks. At a 10% conversion rate, that is 1 to 2 leads. Not enough data to optimize. Not enough leads to close a deal. You spend 3 months at $500, get no deals, and conclude "PPC does not work." It works. You just did not give it enough volume.

The minimum viable PPC budget for real estate investors is $1,500 per month for 3 months. That gives you enough data to optimize keywords, landing pages, and follow-up. If after 3 months and $4,500 spent you have not closed a deal worth $20,000 or more, then PPC may not be the right channel for your specific market.

But for most markets, it is one of the fastest ways to generate motivated seller leads at scale.

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2

Keywords, Negative Keywords, and Match Types

Concept4:30

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Keywords are the foundation of Google Ads. Bid on the right ones and you get motivated seller leads. Bid on the wrong ones and you pay $30 per click for people who want to buy a house, not sell one.

High-intent keywords for investors (bid on these):

- "sell my house fast [city]" - the gold standard. Highest intent. - "we buy houses [city]" - strong buyer intent from the seller side - "cash home buyers [city]" - seller looking for cash offers - "sell house as is [city]" - distressed property signal - "sell inherited house [city]" - probate leads, often motivated - "sell house fast for cash [city]" - double intent signals - "need to sell house quickly [city]" - urgency signal - "sell my house before foreclosure [city]" - extremely motivated

Medium-intent keywords (test carefully):

- "home buyers near me" - decent intent, broad audience - "sell my property [city]" - could be land, commercial, or residential - "how to sell my house without a realtor" - informational, may convert

Keywords to avoid (do not bid on these):

- "homes for sale [city]" - these are buyers, not sellers - "houses for rent" - renters, not sellers - "real estate agent [city]" - looking for an agent - "how much is my house worth" - curiosity, not selling intent - "Zillow" or "Redfin" - brand searches, low intent

Match types explained:

Broad match: Your ad shows for any search Google thinks is related. If you bid on "sell house fast," Google might show your ad for "how to sell furniture fast" or "sell my car quickly." Broad match burns through budget on irrelevant clicks. Avoid it.

Phrase match: Your ad shows when the search includes your keyword phrase in order, with words before or after. Bidding on "sell my house fast" shows your ad for "sell my house fast in Dallas for cash" but not for "sell fast my house." This is your primary match type.

Exact match: Your ad shows only for that exact search (plus very close variants). Bidding on [sell my house fast Dallas] shows your ad only for that specific phrase. Highest intent, lowest volume. Use for your top-performing keywords.

Negative keywords (critical for investors):

Negative keywords tell Google NOT to show your ad when someone includes that word. Without negatives, you waste 30 to 50% of your budget on bad clicks.

Add these as negative keywords on day one:

- agent, realtor, real estate agent - rent, rental, lease, for rent - buy, buying, purchase (you want sellers, not buyers) - jobs, salary, career, hiring - free, cheap, DIY - Zillow, Redfin, Realtor.com - commercial, land, lot (unless you buy these) - mobile home, trailer (unless you buy these)

Check your search terms report weekly. Google shows you the actual searches that triggered your ads. Every week you will find 5 to 10 irrelevant searches to add as negatives. After 2 months of cleaning, your campaign runs tight.

Geo-targeting:

Set your campaign to target only your market. If you buy houses in Dallas, target a 30-mile radius around Dallas. Do not target all of Texas. You will pay for clicks from Houston, Austin, and San Antonio where you cannot buy.

Better yet, target specific ZIP codes where you want to buy. If your buy box is northern Dallas suburbs, target those 15 ZIP codes. Every dollar goes toward your exact market.

One city per campaign. If you operate in Dallas and Houston, create separate campaigns. Each market has different keyword costs, competition levels, and conversion rates. Lumping them together makes optimization impossible.

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3

Tracking PPC Leads and Cost-Per-Deal in FlipMantis

Walkthrough3:30

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PPC without tracking is gambling. You need to know exactly how much each lead costs, which keywords produce deals, and what your cost-per-acquisition is. FlipMantis connects to your PPC campaigns and tracks every dollar from click to close.

Step 1: Connect your lead flow

Your Google Ads landing page form submits directly to FlipMantis via webhook. Every form submission creates a new lead with the source automatically tagged as PPC. The lead record includes:

- Source: PPC - Campaign name (pulled from UTM parameters) - Keyword that triggered the click - Landing page URL - Date and time of submission - Seller contact info and property address

Set up UTM parameters on your ad URLs: yoursite.com/sell-my-house?utm_source=google&utm_medium=ppc&utm_campaign=sell-fast-dallas&utm_term=sell-my-house-fast-dallas

FlipMantis reads these parameters and tags the lead automatically. No manual data entry.

Step 2: Track cost per lead by campaign

The KPI Dashboard breaks down your PPC performance:

- Total PPC spend this month: $2,400 - Total PPC leads: 14 - Cost per lead: $171 - Leads by campaign: "sell-fast-dallas" (8 leads, $150/lead), "cash-buyer-dallas" (4 leads, $200/lead), "foreclosure-dallas" (2 leads, $250/lead)

You can see immediately which campaign produces the cheapest leads. Maybe "foreclosure" leads cost more but convert at a higher rate because sellers are more motivated. The data tells you where to put your dollars.

Step 3: Track cost per deal

This is the number that matters. Not cost per lead. Cost per deal.

Example from a real month: - PPC spend: $2,400 - Leads generated: 14 - Leads contacted: 14 (100%, thanks to automation) - Appointments set: 4 - Offers made: 3 - Deals closed: 1 - Deal profit: $28,000 - Cost per deal: $2,400 - ROI: 1,067%

FlipMantis tracks each lead through the pipeline. When a PPC lead moves from "new" to "appointment" to "offer" to "under contract" to "closed," the system calculates your funnel conversion rates at each stage.

If your PPC leads have a 30% appointment rate but only a 5% close rate, the problem is not your ads. It is your sales process. If your appointment rate is 5%, the problem is lead quality or follow-up speed.

Step 4: Optimize based on data

After 90 days, you have enough data to make smart decisions:

- Which keywords produce deals (not just leads)? - Which landing pages convert highest? - What time of day do the best leads come in? - What is your speed-to-lead? (Time from form submission to first contact)

FlipMantis shows you speed-to-lead by source. If your average PPC lead gets a call in 45 minutes, you are losing deals. PPC leads go cold fast because the seller submitted forms to 3 or 4 investors at the same time. The first one to call wins 78% of the time.

Set up instant text replies in FlipMantis. The moment a PPC lead comes in, an automated text goes out within 60 seconds. That buys you time while you or your team makes the live call.

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4

Landing Pages and Common PPC Mistakes

Concept3:30

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You can have perfect keywords and perfect bids. If your landing page is weak, you are paying $30 per click for nothing. The landing page is where the money is made or lost.

Landing page rules for investor PPC:

Rule 1: One page, one goal. The landing page has one purpose: get the seller to fill out the form. No navigation menu. No links to other pages. No blog posts. No about page. Just the headline, the form, and supporting content.

Rule 2: Match the search intent. If someone searched "sell my house fast Dallas," the headline should say "Sell Your Dallas House Fast for Cash." Not "Welcome to ABC Investments." Not "We Buy Houses Nationwide." Mirror the search back to the seller.

Rule 3: Short form. Name, phone, email, property address. Four fields. Every extra field drops your conversion rate by 5 to 10%. Do not ask for bedroom count, square footage, or asking price on the form. Get that on the phone.

Rule 4: Social proof above the fold. Google reviews. Number of houses purchased. Photo of your team (real people, not stock photos). Sellers are skeptical. They just searched for cash home buyers and got 10 ads. Why should they choose you?

Rule 5: Mobile first. 60% or more of motivated seller searches happen on phones. If your landing page looks bad on mobile, you are losing the majority of your clicks. Test every page on a phone before launching.

The 5 most expensive PPC mistakes:

Mistake 1: Using broad match keywords. You bid on "sell house" with broad match. Google shows your ad for "sell dollhouse," "sell house music records," and "sell dog house." Each bad click costs you $25 to $40. Use phrase match and exact match only.

Mistake 2: No negative keywords. Without negatives, you pay for clicks from buyers, renters, agents, and tire-kickers. Add 50 to 100 negative keywords before launching. Add more weekly based on your search terms report.

Mistake 3: Sending traffic to your homepage. Your homepage has navigation, blog links, about pages, and other distractions. Every link is an exit point. PPC traffic goes to a dedicated landing page with no navigation and one clear call to action.

Mistake 4: Slow follow-up. A PPC lead that does not get a response within 5 minutes is a dead lead. They already submitted their address to 3 other investors. The first to call wins. Set up instant automated text responses and call within 5 minutes.

Mistake 5: Quitting too early. PPC needs 60 to 90 days of data to optimize. The first 30 days are expensive because you are learning which keywords work, which landing page converts, and which leads close. Investors who run PPC for 3 weeks and quit never give the data a chance to tell them what works.

The benchmark numbers:

Good landing page conversion rate: 10 to 15% Average landing page conversion rate: 5 to 10% Bad landing page conversion rate: under 5%

If your conversion rate is under 5%, your landing page needs work. Test a new headline. Move the form higher. Add a testimonial. Change the call-to-action button text from "Submit" to "Get My Cash Offer."

Small changes in conversion rate make a massive difference. Going from 5% to 10% cuts your cost per lead in half. On a $3,000/month budget, that is the difference between 10 leads and 20 leads, 1 deal and 2 deals, $30,000 and $60,000 in profit.

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Frequently Asked Questions

How much should I spend on PPC per month as a new investor?

Start at $1,500 to $2,000 per month for at least 3 months. That gives you enough clicks (50 to 100 per month) to generate 5 to 15 leads and enough data to optimize. Below $1,000/month, you do not get enough volume to see patterns. Some investors like Danny Johnson have documented spending $2,000 to $3,000 per month on PPC and generating 2 to 3 deals monthly with $20,000 to $40,000 in average profit per deal. The math works, but you need patience through the first 60 to 90 days of learning.

Should I run PPC and SEO at the same time?

Yes. They complement each other. PPC gives you immediate leads while SEO builds over 6 to 12 months. Once SEO starts producing consistent leads, you can reduce PPC spend in areas where your organic ranking is strong. Some investors keep both running permanently because PPC captures the top ad positions while SEO captures the organic positions below. The inbound-lead-generation-seo course covers the SEO side in detail.

Is Facebook Ads or Google Ads better for finding motivated sellers?

Google Ads wins for motivated sellers because the leads have search intent. They typed "sell my house fast" into Google. They are actively looking for a solution. Facebook Ads work for brand awareness and retargeting, but the leads are interruption-based. You are showing an ad to someone scrolling their feed who was not thinking about selling. Facebook leads are typically cheaper ($15 to $40 per lead) but lower quality (2 to 4% close rate vs. 5 to 8% for Google). Start with Google. Add Facebook later as a supplemental channel.

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