Three numbers that tell it.
Low volume, high value. Hard-money leads are few but each is a real investor deal, so the read is about where the cheap leads are and what creative earns them.
Austin is the engine
Austin posted a $32 cost per lead, less than half the blended $73 and a quarter of DFW and Houston. Same offer, far better economics.
One video carries
The "We funded 100%" page-post video drove 16 of the 33 leads at a $27 cost per lead. That is the message the market responds to.
Few leads, real deals
Hard-money borrowers are a narrow audience, so cost per lead runs higher than consumer lead-gen. Each of these 33 is a funded-loan opportunity.