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Home » Resources » Millionaire in the Making – Scott McLain

Millionaire in the Making – Scott McLain

Hi Ron,

When I first started my weekly phone calls with my mentors, I was leery about the results we would see. They asked me how many houses a month I wanted to buy and not having a number in mind really I blurted out “3”. They told me that we could get that done pretty easily. I remember thinking to myself “yeah right”.

We already had rental fleet experience so finding tenant/buyers was not my concern; it was finding those motivated sellers who’d work with me that I needed.

We spent a lot of time setting up “the machine” to buy houses…leads leads and more leads, the VA, the website, signage, etc. I frankly didn’t feel like we were getting much done until I took a look back the other day.

We are roughly in month 4 of our 6 month mentorship and we’ve bought (and closed) on 4 houses already. We also have 2 more under contract for August, and I have more deals working than I ever have…I have 8 solid leads on my whiteboard, and I can honestly see half of them getting done on some kind of deal. That would be 4 more buys on top of the 6 which equals 10 buys in 5 months!

So in less than 6 months we’ve truly ramped up to 2 buys a month on our way to 3 houses a month. This is getting fun!

Thanks to my awesome mentors!

Scott McLain

2015-08-07 MIM Scott McLain

 

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7 Responses to Millionaire in the Making – Scott McLain

  1. Cyndy Dumire says:

    Great Job Scott!!! So proud of you !! Cyndy

  2. Amy Ellis says:

    Wow! Great job! Keep it up!

  3. Shay Lance says:

    Joy, joy joy. Tx for sharing.

  4. Robert Straker says:

    Hello Scott,

    Congratulations and good job on the deal! I am proud of you and your efforts. Glad to read that you made some good money and are becoming a successful real estate investor. I am new to Planet Ron, and am working on my first deal. One day I too will be able to post a success story like yours. Take care, keep up the good work, and keep on investing.

    Bye for now,
    Robert

  5. Tony and Angie Stewart says:

    Congratulations! You showed that it can indeed be done! 3 deals per month with an average of 30K is a 7 figure income! And we get by helping people! How cool!

  6. Robert Straker says:

    Hello again Scott,

    Congratulations and good job on the real estate deal! I am proud of you and your efforts. Glad to read that you made some good investing decisions and are becoming a successful real estate investor. I am new to Planet Ron, and am still working on my first deal. One day I too will be able to post a success story like yours. Take care, keep up the good work, and keep on investing.

    Bye for now,
    Robert

  7. Robert Straker says:

    Oh by the way Scott,
    How many other deals have you done since this one? It would be interesting to find out what other deals you have so we can all learn from you experience and perhaps use that knowledge to help ourselves make us successful. Thank you and take care.

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