From Running a Farm to Building a Real Estate Empire with Trevis McConaghy - Part 1

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

 

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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:

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