New Member from Grand Rapids, MI

[Vance McClenton]

Hey everyone!

My name is Vance McClenton and I'm a pretty new investor from West Michigan.

I got into real estate investing a couple years ago and have suffered from analysis paralysis for most of that time. I figured that I needed to learn everything first and then get started. But now it's obvious that I'm never going to know everything and that I definitely know enough by now.

And learning costs money and time instead of generating money and freeing up time which is my purpose for getting into real estate investing, so now it's time to get in the game instead of just learning about it.

I'm primarily focused on strategies that don't require much or any money to start,... big surprise huh? So I'm working on wholesaling, lease-options, and land contracts primarily. I'm pretty good at structuring creative financing deals.

I'll admit that I'm not great at marketing though, so that's something I'm working on more and more. It's tough seeing money go out the door in the form of yellow letters, postage and signs, but not getting a deal from them. Craigslist is great, but there's just so many tire-kickers out there who respond to those ads that it's hard to find the real deals. But hard doesn't mean impossible, and if it weren't hard everyone would do it right?

I'm committed to being successful in life and real estate is going to be a part of that. My strategy is to do wholesale and lease option deals to make some money in the beginning, then buying and holding properties while renting them out or selling them on land contracts to generate a good monthly cash flow. Eventually I'll move on to multi-family properties with professional management in place so I can earn "passive" income, quit my job, and do whatever I really want to do instead of just what I need to do.

I'd love to find a mentor who could help me out, and I'd do whatever I could to provide value for them as well. I'd also like to connect with other investors in my area to work with. I subscribe to abundance mentality way of thinking and I figure the more we can help each other, the more successful we'll all be!

In fact, if I could partner up with someone who's good at marketing but not so good at structuring deals - we would be able to use each other's strengths to overcome each other's weaknesses and both be more successful! If that's you and you'd be interested, definitely get in touch with me!

I look forward to participating in discussions here, asking and answering questions celebrating successes and making new friends!

=)