Building a Brand of Influence, Alberta Market Update with Best Selling Author Russell Westcott

I worked on myself since I was a frustrated new graduate immediately after the dot com bubble burst and the events of 9-11. We’ve all been down and underpaid when compared to our abilities. It wasn’t until I read Robert Kiyosaki’s Rich Dad Poor Dad that lit a fire under my butt. If you feel you’re being underpaid, then do something about it. Hence I got into real estate investing, full send, joining a real estate networking group and never missing a meeting. I’m still friends with many of the folks I met there and those same relationships have been integral to my journey here… A podcast with 12 listeners!! Speaking of meetups, we will be hosting our next iWIN Real Estate virtual meeting on Saturday morning of March 27th. Our keynote speaker is the leading expert in backyard apartments, Andy Tran of Suite Additions. A backyard apartment is something I made up to describe an addition to a house or a standalone tiny home built behind an existing house. For many of you, that will be the third and final apartment and major value add, highest and best use of a property. This is our final frontier for significant additional cash flow. Andy has been researching this subject from all angles including zoning, construction, and financing so you don’t want to miss this. If you’re receiving my emails, you’ll be notified once event registration is available. If you are not on my email list, go to www.truthaboutrealestateinvesting.ca As I’m typing and recording this, the Gamestop stock is going up again. For fun, I bought 5 shares and will donate the profits and the investment to charity. I was thinking about donating the money to my own charity, I’m not sure if that’s considered kosher or not… I actually have a lot of my Stock Hacking funds in bitcoin-related stocks and options and making good money. Hopefully, my theory is right about bitcoin becoming the digital version of gold for savings and a hedge against all the money printing going on by our governments. Whether you agree if Bitcoin is a hard asset or not doesn’t matter as long as you’re taking action and buying quality hard assets like real estate. My opinions are my own and this is not advice but to quote one of the smartest people on the planet in Elon Musk, “In hindsight, this was inevitable.” That’s what Elon tweeted days before it became public record his company Tesla investing 1.5 billion dollars into bitcoin or 8% of their cash reserves. What gets missed in the story is Tesla bought some gold ETFs too. One thing is for certain… Smart money does not want to hold cash for the long term when our governments are creating new money out of thin air each day.View this post on Instagram
Building a Brand of Influence, Alberta Market Update with Best Selling Author Russell Westcott
Speaking of my favourite hedge against inflation, real estate, I don’t know many people who own more real estate than today’s guest in Russell Westcott. He’s been through a lot of economic cycles being an Edmonton, Alberta real estate investor. Russell is an old and good friend of mine so it’s always great to catch up on what he’s up to helping people out. He’s possibly the top real estate investor coach out there and it helps that he’s owned over 100 properties and co-authored the best selling book “Joint Venture Secrets.” Admittedly, I don’t invest in Alberta and my outlook is bearish on the oil industry. With the growing popularity of electric vehicles and carbon taxes, I don’t see the demand for oil keeping up, not with Ford and GM planning to be all-electric by 2035… But I’m not an expert and I’m always keen on listening to opinions different from mine. I give you Russell Westcott.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/Q4wdRCFN1tY
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