Today, we have a very special show. It is not specifically about real estate per se, but it is tied to real estate investing, the psychology of it, and how you can be more successful in your real estate investing. I brought on someone who I truly admire, who I met back in Denver about three or four weeks ago. We were both speaking at an event, Joe Fairless’ Best Ever Real Estate Investing Conference. I was really impressed by Trevor McGregor, who is a Master Coach. Trevor has completed well over 10,000 coaching hours. He’s worked with hundreds of clients from around the world to achieve success and fulfillment, including Fortune 500 executives, entrepreneurs, real estate investors and world class professionals.

His mission is to assist others to achieve better health and more wealth and freedom and contribution than they ever thought possible. This really resonated with me.

If you missed our last episode, be sure to listen to Understanding Neighborhood Trends and Forecasting Property Values.

Enjoy the show!

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The Real Estate Investor Ladder of Success – Trevor McGregor
Trevor, welcome to the show.

Thanks very much, Marco. It’s great to be on the show.

It’s great having you here because I know what you are capable of delivering. I sat through your presentation back in Denver with ears wide open and taking notes. I thought this material and this content and your professionalism would be perfect to have on our show for our audience because they’re going to eat all this stuff up.

Having said that, let’s begin with you. I always like to start off with our guest. Tell us about your journey and how you got into coaching and to real estate investing, because I know you’re a real estate investor as well.

Correct. I’d love to share that. I’m from Canada. I live in Vancouver Canada. I grew up, typical guy, loves sports and really wanted to get into a career or a profession that I love and went to university, studied Business. When I got out of college, I worked for a real estate and hospitality company. What I thought would be an interesting beginning to my career there, it ended up being many, many years of climbing the ranks and working in areas of operations and marketing and finance and HR. I really enjoyed that because I was learning, I was growing. I got married, started a little family.

While I was going through that journey, I also had an opportunity to invest in the company. What I did is I borrowed a whole bunch of money off from family and friends, and cashed in a little bit of our 401K, and popped some money into an investment and things went great for a while. Then when 2001 hit, I took a little bit of a hit. The business couldn’t hang on to our growth plans. It ended up losing a significant sum of the money I had invested.

At that time, I thought to myself, how was I going to get back on my feet and really move things to the next level? I started to work with my own coach. He said, “Trevor, have you ever thought of doing something in real estate?” I said, “Tell me more about it.” Really, Marco, that was the start of the journey. I started to go to seminars, read books, listen to audios. I found that there was a new way of thinking and behaving. In a relatively short amount of time, with a little bit of money that I had scraped together, I bought one little townhouse. That was a great experience. I bought a condo. I pulled the equity out of that to buy my first duplex. I really started to understand cashflow then and I started to buy fourplexes.

In a relatively short amount of time,