R.E.N.T.S. Podcast

18. Russell Westcott – Family Man, Real Estate Investor, #JVJedi


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Podcast Show Notes:

03:10 Introducing Russell Westcott as the foremost authority in Authentic Real Estate Education

06:20 Sam’s memory of Russell’s teaching shattering a limiting belief

08:00 Russell’s comments on Sam’s goal setting (brief audio glitch)

08:20 Russell thinks a good coach should have students that far exceed their accomplishments, and that Sam’s outrageous goal has inspired Russell to up his game too.

08:50 Russell’s recent investing activity

10:30 #JVJedi origin story

12:40 Russell’s use of stories and how he constructs stories to help his audience understand and learn

13:15 The Art of Storytelling

15:00 Using stories to be a leader and show another side of things

16:15 Sam has a made a list of real estate educators, and there was a real gap while Russell was on his multi year break

19:00 The Raising Capital Academy origin story – so many people were reaching out to Russell so he decided to digitize everything he knows, and interview everyone who is currently raising capital,

20:45 Quality Real Estate Education is tough to deliver, it takes a real professional

22:20 Bootcamp giveaway – Top 10 List of Canadian Real Estate Educators

23:30 Is real estate a moral business model? (Profit isn’t a four letter word.)

30:12 After mentoring real estate investors for years, can you pick the people who will “make it” vs those who won’t?

31:52 How to shift your thinking to understand what is possible. “My best investment was a massage table.”

35:25 How Russell is working to be the ambassador of possibility. “You never know what is going to resonate with somebody.” Keep sharing authentically and be yourself, and something might just stick that will transform someone’s life.

38:00 Everyone is so interested in the “how” but the truth is the “how” to invest in real estate is different for everyone. More important is your reason “why” you’re investing.

40:00 Real estate is a hard to mess up, there is no “sell button” which makes it hard to quit once you start.

41:40 The hazard of buying your time back. Dark times will come.

43:30 Real estate investing is a vehicle for fulfilment.

44:10 It’s good to talk about the tough times in real estate investing. It provides support when “real life happen”. If you want to be successful and long term in this business, you need to deal with the tough stuff: bankruptcy, audits, loneliness.

47:10 Russell compelled to bring out the real life in real estate and document them for people.

48:30 How Russell became a real estate educator, and a story Russell has never before told in a public format. “The teacher’s parking lot and watching Opera.”

52:40 Russell loves teaching, inspiring, coaching and presenting on real estate as well as doing deals and his schedule is jam packed!

54:30 Russell is looking forward to the RENTS Bootcamp and sharing his expertise on raising capital, with a brand new presentation just for us in Kamloops. He is also looking forward to learning from Thomas as well, and it will be a great day.

55:40 www.RussellWestcott.com is the best way to reach Russell. His domain name was purchased 15 years ago and the website was only live last year. “You can teach an old dog new tricks.”
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R.E.N.T.S. PodcastBy Sam Perren