The Russell Westcott Podcast
Episodes
Tuesday Dec 28, 2021
Tuesday Dec 28, 2021
How do you turn messy deals into opportunities?
One way is “selling by storytelling”—and Trevis McConaghy has mastered the fine art of doing that on top of being a veteran at finding hidden value in properties.
Another way is to get the dime every time and to move with velocity.
In this third and final part of the interview, Trevis offers advice for people who do not have the experience that he has. He shares an anecdote about a joint venture deal that illustrates how he structures deals and clarifies a misconception about capital. He also talks about what he learned from his travels and how he applies it in his real estate investments.
Key Takeaways:
On overcoming fear, reflecting and redirecting, and swinging for success in singles
The 4Ms—money, mortgage, management, and mastery
The Pierre-Paul Turgeon model—clean up the problem and refinance the equity
How Trevis structures successful joint venture deals
Trevis’ vision for the future
And so much more...
If you have aspirations to invest in real estate full-time, tune in to this episode and then take the leap!
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🔗 Resources & Links Mentioned:
Russell Westcott on Youtube - https://www.youtube.com/channel/UC1yg9_UmqwD67NGuRWnPHVw
The Russell Westcott Podcast on Apple Podcasts - https://podcasts.apple.com/ca/podcast/the-russell-westcott-podcast/id1521931008
Sign up for a free consultation with Russell - https://rw.russellwestcott.com/optin15168460
Rai$ing Capital Academy - http://www.raisingcapitalacademy.com/
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Russell Westcott on Youtube - https://www.youtube.com/channel/UC1yg9_UmqwD67NGuRWnPHVw
The Russell Westcott Podcast on Apple Podcasts - https://podcasts.apple.com/ca/podcast/the-russell-westcott-podcast/id1521931008
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☕️ Support The Channel:
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This Podcast Runs On Coffee... The team drinks lots of coffee ☕️ 😉. If you received some value from this or any of the episode, consider buying the team a cup of coffee.
https://www.buymeacoffee.com/RussellWestcott
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🚀 Coaching & Mentoring:
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Are you interested in becoming an Elite Real Estate Investor?
What stops people from Real Estate investing success is; fear, lack of motivation and not knowing what to do next. A detailed roadmap and a proven system is critical to overcoming all obstacles you will face in the rapidly changing world of Real Estate investing.
Whether it’s business, sales, sports, or Real Estate Investing the fine line between the top performers and everyone else typically comes down to one thing: access to the best coaches and mentors who provide you invaluable guidance, wisdom and support.
https://russellwestcott.com/consultation
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📲 FOLLOW ME ON THE SOCIALS
=====
Main Website: http://russellwestcott.com/
Instagram: https://www.instagram.com/russellwestcott/
Facebook: https://www.facebook.com/RussellAllenWestcott/
YouTube: https://www.youtube.com/russellwestcott
Twitter: https://twitter.com/russellwestcott
Email: hello@russellwestcott.com
Podcast: https://russellwestcott.podbean.com/
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📰 LATEST BLOG & VIDEO
=====
http://russellwestcott.com/blog/
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🆓 FREE CONSULTATION
=====
FREE One-on-One Private Consultations. A FREE Consultation To Help You; Gain Clarity, Establish an Action Plan and Move Forward.
https://russellwestcott.com/consultation
=====
👨🦲 ABOUT RUSSELL
=====
Helping Real Estate Investors, Like You; Start, Grow & Scale The Real Estate Portfolio Of Your Dreams. Husband, Father, Real Estate Entrepreneur, Author, Inspirational Public Speaker. Meet Russell at:
http://russellwestcott.com/about/
Tuesday Dec 21, 2021
Tuesday Dec 21, 2021
Trevis McConaghy has made his money in real estate because he sees the hidden value in properties and monetizes it.
People come to him with capital because they want to be a part of that.
In the second installment of my 3-part interview with Trevis, he shares stories about refinancing, networking, and buying mobile homes in bundles. He also highlights the importance of showing up and taking massive action, weighing in on the rental business.
Key Takeaways:
Figure out what the random opportunity is in the random place
How to attract joint venture partners and land great deals
How to buy a house every month without paying a hundred mortgages
How to have money conversations with people
Never judge a person by their job
And so much more...
Want to learn how to structure deals with investment partners? Stay tuned for the next and final segment of this interview!
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🔗 Resources & Links Mentioned:
=====
Russell Westcott on Youtube - https://www.youtube.com/channel/UC1yg9_UmqwD67NGuRWnPHVw
The Russell Westcott Podcast on Apple Podcasts - https://podcasts.apple.com/ca/podcast/the-russell-westcott-podcast/id1521931008
=====
☕️ Support The Channel:
=====
This Podcast Runs On Coffee... The team drinks lots of coffee ☕️ 😉. If you received some value from this or any of the episode, consider buying the team a cup of coffee.
https://www.buymeacoffee.com/RussellWestcott
=====
🚀 Coaching & Mentoring:
=====
Are you interested in becoming an Elite Real Estate Investor?
What stops people from Real Estate investing success is; fear, lack of motivation and not knowing what to do next. A detailed roadmap and a proven system is critical to overcoming all obstacles you will face in the rapidly changing world of Real Estate investing.
Whether it’s business, sales, sports, or Real Estate Investing the fine line between the top performers and everyone else typically comes down to one thing: access to the best coaches and mentors who provide you invaluable guidance, wisdom and support.
https://russellwestcott.com/consultation
=====
📲 FOLLOW ME ON THE SOCIALS
=====
Main Website: http://russellwestcott.com/
Instagram: https://www.instagram.com/russellwestcott/
Facebook: https://www.facebook.com/RussellAllenWestcott/
YouTube: https://www.youtube.com/russellwestcott
Twitter: https://twitter.com/russellwestcott
Email: hello@russellwestcott.com
Podcast: https://russellwestcott.podbean.com/
=====
📰 LATEST BLOG & VIDEO
=====
http://russellwestcott.com/blog/
=====
🆓 FREE CONSULTATION
=====
FREE One-on-One Private Consultations. A FREE Consultation To Help You; Gain Clarity, Establish an Action Plan and Move Forward.
https://russellwestcott.com/consultation
=====
👨🦲 ABOUT RUSSELL
=====
Helping Real Estate Investors, Like You; Start, Grow & Scale The Real Estate Portfolio Of Your Dreams. Husband, Father, Real Estate Entrepreneur, Author, Inspirational Public Speaker. Meet Russell at:
http://russellwestcott.com/about/
Tuesday Dec 14, 2021
Tuesday Dec 14, 2021
Good deals are found but great deals are made.
It’s all about finding the hidden value within your properties, adding those values, and then monetizing them. If you’re not sure how to go about all that, this episode is for you!
In the first of this 3-part series, I chat with Trevis McConaghy, a farmer-turned-real estate veteran based in Saskatchewan. He is what I call a “transaction engineer” who, at the time of recording, had a portfolio of over 200 properties which he had built one house at a time. Without the hurdle of needing funding, he was able to scale his real estate business while having the freedom to enjoy other things like traveling.
Trevis gives us an overview of the challenges in farming that inspired him to get into real estate. He then breaks down his first joint venture and a few other deals that he was able to acquire through refinancing alone. He also talks about his travel business, what it was like to move houses—literally!—from Alberta to Saskatchewan, and his transition to multifamily.
Key Takeaways:
Travis’ transition from buying farmland to buying residential houses
How he managed to acquire 14 doors with no seed money
The importance of learning everything you can so that you can reach the goals that you want to achieve
How to create your own opportunities (and equity)
And so much more...
Stay tuned for the next two parts of this interview!
The first three people to leave a review on my Apple Podcast will get a free copy of “80 Lessons Learned” by Thomas Beyer. Just take a screenshot of the review and then email it to me (hello@russellwestcott.com) together with your name and shipping address.
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🔗 Resources & Links Mentioned:
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Book a planning session with Streetwise Mortgages - info@streetwisemortgages.com
“Real Estate Investing in Canada” by Don Campbell - https://www.amazon.com/Real-Estate-Investing-Canada-Creating/dp/0470158891
=====
☕️ Support The Channel:
=====
This Podcast Runs On Coffee... The team drinks lots of coffee ☕️ 😉. If you received some value from this or any of the episode, consider buying the team a cup of coffee.
https://www.buymeacoffee.com/RussellWestcott
=====
🚀 Coaching & Mentoring:
=====
Are you interested in becoming an Elite Real Estate Investor?
What stops people from Real Estate investing success is; fear, lack of motivation and not knowing what to do next. A detailed roadmap and a proven system is critical to overcoming all obstacles you will face in the rapidly changing world of Real Estate investing.
Whether it’s business, sales, sports, or Real Estate Investing the fine line between the top performers and everyone else typically comes down to one thing: access to the best coaches and mentors who provide you invaluable guidance, wisdom and support.
https://russellwestcott.com/consultation
=====
📲 FOLLOW ME ON THE SOCIALS
=====
Main Website: http://russellwestcott.com/
Instagram: https://www.instagram.com/russellwestcott/
Facebook: https://www.facebook.com/RussellAllenWestcott/
YouTube: https://www.youtube.com/russellwestcott
Twitter: https://twitter.com/russellwestcott
Email: hello@russellwestcott.com
Podcast: https://russellwestcott.podbean.com/
=====
📰 LATEST BLOG & VIDEO
=====
http://russellwestcott.com/blog/
=====
🆓 FREE CONSULTATION
=====
FREE One-on-One Private Consultations. A FREE Consultation To Help You; Gain Clarity, Establish an Action Plan and Move Forward.
https://russellwestcott.com/consultation
=====
👨🦲 ABOUT RUSSELL
=====
Helping Real Estate Investors, Like You; Start, Grow & Scale The Real Estate Portfolio Of Your Dreams. Husband, Father, Real Estate Entrepreneur, Author, Inspirational Public Speaker. Meet Russell at:
http://russellwestcott.com/about/