From Renting a Basement to Over 100 Properties with Joint Venture Jedi Russell Westcott

First Day of School

Today I’m a bag of mixed emotions. My daughter is off to her first day of school, as in no more daycare (saving $500/month in daycare fees is a big win! Like gaining cash flowing property!! HAHA) , she’s going to a real school, junior kindergarten to be specific. I was choked up watching her get on the school bus for the 2.1 km commute. Cherry, my wife told me I’m silly and I am.

Here is how just one example of how nuts I am. I’m reading Wonder Woman comic to my daughter (I’ve purchased many childrens’ books showcasing strong female characters where a female is the main protagonist) and we come to the last page of her book and here it is below.

I read the page quickly as I’m getting choked up.  Too often I’m looking for lessons in meaning in all aspects of life.  This time I’m reading the story from a parents’ perspective, instead of “I would use all my training with the Amazons to make the world a better place.” As it is written, I rephrased the words and turned it around to my perspective, “I will use all my training to teach Robin to make the world a better place.”

Yeah, I’m nuts but she’s been out of the house a whole two hours and I can’t stop thinking about how her first day is going.

And people think real estate investing is hard. Parenting is infinitely harder….

Speaking of real estate investing, check out the new boat belonging to Mike and Evelyn!! Life is good when investing starts at age 26 and 10 properties later and being well on their way to Freedom 45.

 

From Renting a Basement to Over 100 Properties. Joint Venture Jedi Russell Westcott.

Our show guest is none other than best selling author Russell Westcott who co-authored the book “Real Estate Joint Ventures” with Don R Campbell.

I met Russell back in 2008 as a green investor at the Real Estate Investment Network’s weekend workshop called ACRE and he’s always been one of my favourite real estate educators.

He’s on the show to share how he got started, this mistakes and lessons from building a portfolio at its peak size of 60 properties.  Russell was buying a property once per month even while having a full time job as the Vice President of the Real Estate Investment Network.

I even put Russell on the spot to pitch me his latest project he’s raising capital for and it’s just as awesome as you’d expect.  

Without further ado, I give you Russell Westcott, the Joint Venture Jedi.