053: Getting Started To Scaling In Real Estate Ventures [With Scott Westlake]

Join us in this episode as we delve into the world of real estate entrepreneurship with Scott Westlake, the visionary founder of The Westlake Team. With over 400 Mortgage Agents under his leadership, Scott's journey from the banking sector to revolutionizing mortgage broking offers invaluable lessons for aspiring entrepreneurs.

Discover Scott's unique approach to coaching individuals in financing real estate, business development, and lead generation. In this insightful conversation, Scott shares his observations on the surge in international cross-border property purchases and how The Westlake Team has strategically expanded its presence across Canada and into the USA to meet this demand.

Shae and Scott discuss essential topics for property portfolio expansion, from understanding credit scores to securing approvals from multiple lenders and cultivating a robust network. Gain profound insights from Scott's firsthand experiences, including the triumphs and setbacks encountered in establishing The Westlake Team as a leader in the mortgage real estate industry. Tune in to gain actionable strategies and inspiration for your entrepreneurial journey in the realm of real estate.

 

TIME STAMP

[01:19] Introducing Scott Westlake

[03:15] Who is Scott Westlake?

[07:58] Turning a Corporate Concept into an Entrepreneurial Idea

[12:23] Has Sport Given You the Tenacity and Drive for Business?

[14:43] What Started Your Process in Moving Away From a Bank Role?

[17:16] What is One of the Biggest Lessons You Have Learned?

[19:33] How Do You Grow Your Network When You Are Starting Out?

[25:33] Good People Should Know Other Good People

[27:25] Purchasing Property Cross International Borders

[36:27] Do You Need Two or Three Approvals When Getting Finance?

[39:00] What Can I Do If I Have a Lower Credit Score to Increase My Score?

[41:51] Working With Scott and His Team

[43:22] What is Next for Scott Westlake?

[45:26] Connecting With Scott Westlake

[46:01] As a CEO, How Has Owning Your Decisions Brought You Freedom?

Links shared within this episode:

The link to Scott’s Mortgage Toolbox (its free) which we take about in the meeting is —> My Mortgage Toolbox 

link to our Chief Economists latest thoughts on interest rates —> Bank of Canada Holds Rates

All of Scott’s resources —> Linktree 

 

About Scott Westlake

Scott Westlake. Scott Westlake is a licensed mortgage broker and has been in the mortgage industry for over a decade and he has personally originated over $1 billion in mortgages. 

Scott is known for providing mortgage solutions for a lot of different types of clients, but has a reputation as a specialist in financing; purchases, luxury real estate, construction mortgages, clients that are business for self, private lending and creative lending solutions for high net worth clients.

Scott’s VIP Club & Preferred Partner Program now offers a new initiative where a portion of profits goes to charitable organizations, such as Oakville Hospital Foundation, Kerr Street Mission, 100 Brokers That Care, Sick Kids, Zonta, Radius Youth & FC Cares. This is based on the number of people in the program and reviews left. As a trustee of The Golf Canada Foundation and a Committee Member for the Oakville Hospital Foundation Annual Golf Tournament, Scott is dedicated to making a positive impact in the community.

Scott has received numerous awards for his work in the mortgage industry, including the LEO Award from the RBC, Finalist for Entrepreneur of the Year