117 episodes

Start Grow & Scale The Real Estate Portfolio of Your Dreams.



Could you use a guide, a coach, a mentor, who has walked the path before you to help you create your freedom?



Then the Russell Westcott Podcast is what you are looking for. Russell has built a multi-million dollar portfolio from scratch, without using his own money, and today he’s dedicated his life to sharing his knowledge with you.



Subscribe now to get brand new inspiring episodes weekly, featuring some of the biggest names in the Real Estate investing community…

The Russell Westcott Podcast Russell Westcott

    • Business
    • 5.0 • 52 Ratings

Start Grow & Scale The Real Estate Portfolio of Your Dreams.



Could you use a guide, a coach, a mentor, who has walked the path before you to help you create your freedom?



Then the Russell Westcott Podcast is what you are looking for. Russell has built a multi-million dollar portfolio from scratch, without using his own money, and today he’s dedicated his life to sharing his knowledge with you.



Subscribe now to get brand new inspiring episodes weekly, featuring some of the biggest names in the Real Estate investing community…

    Heartfelt THANK YOU, and Celebration

    Heartfelt THANK YOU, and Celebration

    July 2, 2020 Episode 1 of this humble podcast was launched.  If you have listened to one episode or all 116 episodes (so far). 

    Thank you!

    Today's episode celebrates 2 years and in this episode I share with you the top 4 lessons learned that are applicable for you when creating content and building your Real Estate business.

    I share the following top 4 lessons learned

    Make a commitment- if you build it, they will come... eventually
    Love the process- fall in love with the boring
    The 3 pillars of content creation- persistence, consistence, assistance
    Care about your audience- treat them like guests in your home
    And so much more

    Plus stick around to the end of the episode to hear about the exciting new developments on the horizon.

     

    =====

    🔗  Resources & Links Mentioned:

    =====

    Russell Westcott on Youtube - https://www.youtube.com/channel/UC1yg9_UmqwD67NGuRWnPHVw 

    Sign up for a free consultation with Russell - https://rw.russellwestcott.com/optin15168460 

    Russell Westcott’s website - https://russellwestcott.com/ 


    =====

    ☕️ 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/

    • 29 min
    (Pt. 2) Accounting and Bookkeeping Best Practices For Real Estate Investors

    (Pt. 2) Accounting and Bookkeeping Best Practices For Real Estate Investors

    Accounting and Bookkeeping Best Practices For Real Estate Investors Pt. 2

    Welcome to the conclusion of this two part Podcast interview. Truthfully answer this; if your next money partner would come to your 'office' how would they feel? Inspired ready to write a bigger cheque, or running for the hills?

    If you fall into the nightmare camp, this 2-part Podcast will start you on the path to creating the dream scenario, and hopefully taking back control of a potential mess.  

    I am affectionately calling this the 'it depends' Podcast Episodes because that is the term you hear the most when it comes to bookkeeping, tax, and reporting.  

    In this in-depth interview, we cover the very 'meaty' topics as:

    ** How to organize your life and the cyclone of papers
    ** What are some simple and easy to implement best practices Real Estate investors can implement into your business to save you time
    ** Best reporting strategies, when reporting to your JV partners and CRA
    ** Structuring the bank accounts
    ** Differences between Income (P&L) and Capital Cost items. 
    ... And so much more


    Cherry Chan is a Real Estate specific accountant. Since 2003 she's been providing tax tips for investors and realtors and helps them incorporate their portfolios.

    Her accounting career began in 2003, working as a co-op student for a small accounting firm, working long hours and did my due diligence, completing over 200 tax returns in one season. 

    Now today, using all her resources and connections, she has dedicated her accounting practice and her blog so that all real estate investors, property managers, contractors, builders, and real estate agents may finally receive straightforward answers to all those confusing tax questions.

    You can reach Cherry directly at her website https://realestatetaxtips.ca/

    =====

    🔗  Resources & Links Mentioned:

    =====

    Cherry Chan - https://realestatetaxtips.ca/

    Russell Westcott on Youtube - https://www.youtube.com/channel/UC1yg9_UmqwD67NGuRWnPHVw 

    Sign up for a free consultation with Russell - https://rw.russellwestcott.com/optin15168460 

    The Russell Westcott Podcast on Apple Podcast - https://podcasts.apple.com/ca/podcast/the-russell-westcott-podcast/id1521931008 

    Russell Westcott’s website - https://russellwestcott.com/ 


    =====

    ☕️ 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 & S

    • 52 min
    Accounting and Bookkeeping Best Practices For Real Estate Investors

    Accounting and Bookkeeping Best Practices For Real Estate Investors

    Accounting and Bookkeeping Best Practices For Real Estate Investors Pt. 1

    Welcome to a brand new expert Podcast interview. Truthfully answer this; if your next money partner would come to your 'office' how would they feel? Inspired ready to write a bigger cheque, or running for the hills?

    If you fall into the nightmare camp, this 2-part Podcast will start you on the path to creating the dream scenario, and hopefully taking back control of a potential mess.  

    I am affectionately calling this the 'it depends' Podcast Episodes because that is the term you hear the most when it comes to bookkeeping, tax, and reporting.  

    In this in-depth interview, we cover the very 'meaty' topics as:

    ** How to organize your life and the cyclone of papers
    ** What are some simple and easy to implement best practices Real Estate investors can implement into your business to save you time
    ** Best reporting strategies, when reporting to your JV partners and CRA
    ** Structuring the bank accounts
    ** Differences between Income (P&L) and Capital Cost items. 
    ... And so much more


    Cherry Chan is a Real Estate specific accountant. Since 2003 she's been providing tax tips for investors and realtors and helps them incorporate their portfolios.

    Her accounting career began in 2003, working as a co-op student for a small accounting firm, working long hours and did my due diligence, completing over 200 tax returns in one season. 

    Now today, using all her resources and connections, she has dedicated her accounting practice and her blog so that all real estate investors, property managers, contractors, builders, and real estate agents may finally receive straightforward answers to all those confusing tax questions.

    You can reach Cherry directly at her website https://realestatetaxtips.ca/

    =====

    🔗  Resources & Links Mentioned:

    =====

    Cherry Chan - https://realestatetaxtips.ca/

    Russell Westcott on Youtube - https://www.youtube.com/channel/UC1yg9_UmqwD67NGuRWnPHVw 

    Sign up for a free consultation with Russell - https://rw.russellwestcott.com/optin15168460 

    The Russell Westcott Podcast on Apple Podcast - https://podcasts.apple.com/ca/podcast/the-russell-westcott-podcast/id1521931008 

    Russell Westcott’s website - https://russellwestcott.com/ 


    =====

    ☕️ 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

    • 1 hr 1 min
    (Pt 2) Building A Multi-Billion Dollar Real Estate Portfolio; Developing People, and Building Your Team

    (Pt 2) Building A Multi-Billion Dollar Real Estate Portfolio; Developing People, and Building Your Team

    "There is no success without a pile of people making it successful."

    In this final interview with Dave Steele, we highlighted the importance of developing your leadership and people skills to help empower the people around you while establishing a thriving business.

    Dave also provides us a summary of how he's been able to maintain relationships and achieve growth throughout his time in real estate. So many ideas will be presented to you in this talk, so pay attention and start taking notes with pen and paper.

    In this interview we tackled these topics:

    You can have anything in your life as long as you help enough people get what they want in their lives.
    Hire the best people on your team and put them in the right positions to win.
    Try to develop your leadership skills and develop your people skills to help empower the people around you to get the most out of their lives.
    Doing business on terms sheets but not terms sheets alone You should do business on human terms.
    The first thing you need to do is that you have to find your passion.

    And much more…




     

    =====

    🔗  Resources & Links Mentioned:

    =====


    Russell Westcott on Youtube - https://www.youtube.com/channel/UC1yg9_UmqwD67NGuRWnPHVw
     
    Sign up for a free consultation with Russell - https://rw.russellwestcott.com/optin15168460
     
    The Russell Westcott Podcast on Apple Podcast - https://podcasts.apple.com/ca/podcast/the-russell-westcott-podcast/id1521931008
     
    Russell Westcott’s website - https://russellwestcott.com/
     


    Western Wealth Capital - https://www.westernwealthcapital.com/our-team/david-steele/ 

     

    Dave’s Email Address - dave@wcpg.ca




     

    =====

    ☕️ 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/

    • 53 min
    Building A Multi-Billion Dollar Real Estate Portfolio; Developing People, and Building Your Team

    Building A Multi-Billion Dollar Real Estate Portfolio; Developing People, and Building Your Team

    Scaling an investment portfolio not only requires money; it also needs a lot of planning and flawless execution.

    To grow your real estate portfolio you need top hone your skills, you must know how to work within monetary limitations, mitigate risk factors, and build the right team whose values and goals are in line with yours.

    As a result, every step you take, no matter how big or small, is an opportunity for you to become a more savvy investor. But how?

    Don't worry because today's your lucky day! Dave Steele is here to help us uncover the ABCs of team building, growing and scaling a property portfolio. 

    David is an entrepreneurial executive who has offered leading-edge investment opportunities to thousands of individual investors in both Canada and the United States. At present, he is the co-founder and general partner of Western Wealth Capital, a company focused on creating wealth for its clients through well-selected investment real estate. If there's anyone who's an expert in this area, it's him. So don't miss our chat in this episode.

    In this chat we explore these topics: 

    Beating your barriers and learning your strengths and weaknesses.
    How do you create channels for high-net-worth people?
    “A lot of people think of capital raising as a new thing when the truth is it’s just part of the business.”
    Private equity is investing in real estate but not in liquid form.
    If you’re in a capital raise business, you need to keep up with the trends and take advantage of them.
    Other than raising capital and finding good deals, what are the successes that Dave has achieved throughout the years?
    In business, the first decision that you have to make is to weigh if you want to do the business alone or go find someone to do it with.
    To build a billion-dollar portfolio you need an entire team, a community of people who share the same morals, values, and goals as you.

    And so much more…




     

    =====

    🔗  Resources & Links Mentioned:

    =====


    Russell Westcott on Youtube - https://www.youtube.com/channel/UC1yg9_UmqwD67NGuRWnPHVw
     
    Sign up for a free consultation with Russell - https://rw.russellwestcott.com/optin15168460
     
    The Russell Westcott Podcast on Apple Podcast - https://podcasts.apple.com/ca/podcast/the-russell-westcott-podcast/id1521931008
     
    Russell Westcott’s website - https://russellwestcott.com/
     


    Western Wealth Capital - https://www.westernwealthcapital.com/our-team/david-steele/ 

     

    Dave’s Email Address - dave@wcpg.ca




     

    =====

    ☕️ 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

    • 1 hr 4 min
    (Pt 2) Blueprint for Fast Growth 78 Apartment Units in Just 18 Months

    (Pt 2) Blueprint for Fast Growth 78 Apartment Units in Just 18 Months

    The second part of this interview revolves around developing due diligence systems for your business.

    Mike goes over risk disclosure, how to protect your capital, and what mistakes to avoid that could potentially strain your real estate endeavors. Let’s jump into the rabbit hole and take a peek at today’s episode.

    Here are some takeaways that they talked about:

    The background of the type of diligence that he does, and what is the REDI binder
    Establishing due diligence systems provides opportunities for your business
    How to protect yourself and your investors as you operate in real estate investing?
    Mike’s best advice for the audience: “If you’re going to avoid making mistakes you’re pulling the trigger.”
    It’s not about timing the market, it’s time in themarket.
    You need to recognize opportunities to make money

    And so much more…




     

    =====

    🔗  Resources & Links Mentioned:

    =====


    Russell Westcott on Youtube - https://www.youtube.com/channel/UC1yg9_UmqwD67NGuRWnPHVw
     
    Sign up for a free consultation with Russell - https://rw.russellwestcott.com/optin15168460
     
    The Russell Westcott Podcast on Apple Podcast - https://podcasts.apple.com/ca/podcast/the-russell-westcott-podcast/id1521931008
     
    Russell Westcott’s website - https://russellwestcott.com/
     


    Rai$ing Capital Academy - https://russell-westcott.teachable.com/p/raising-capital-academy 




     

    =====

    ☕️ 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/

    • 34 min

Customer Reviews

5.0 out of 5
52 Ratings

52 Ratings

Sebastian Rehaag ,

Amazing real estate investing advice and great stories

I found one of Russ’ episodes when I was looking for real estate advice a couple of months ago.

Since then I’ve listened to almost all of his podcast episodes and watched many of his YouTube videos.

Not only did I learn so much from him and his guests, they inspired me to change my life to become a real estate investor.

What makes his podcast unique is that him and his guests don’t just share general advice, they’re completely transparent about their journeys and share a lot of details that you don’t hear about anywhere else.

Russ is an amazing, down to earth person who is passionate about helping people that are interested in real estate investing.

ChrisDDsirhC ,

Russ is great

Russ is awesome. Not only is his content amazing, he’s extremely generous with his time and knowledge. His guidance and advice is poised to save me, a new investor, from making some big mistakes. Truly appreciate what he’s doing with his podcast and other content.

josh137475 ,

Russell’s podcast is 10/10! Highly recommend

Russell is a wealth of information and is a very genuine person, you can tell he truly wants to inspire as many people as he can become successful at real estate investing. I have learned a ton from him and all of the great guests he has on the show. If you want to learn about real estate investing in Canada from some of the best people in the industry, you've come to the right place!

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