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The Wins, Losses, And Lessons From Buying $1B of Real Estate ( What To Do / NOT Do) w/ Brandon Turner

6 snips
Dec 29, 2025
Brandon Turner, a renowned real estate investor and co-founder of BiggerPockets, shares his incredible journey from buying cheap rentals to managing over a billion dollars in assets. He discusses the importance of embracing discomfort and making decisive choices for growth. Brandon also reveals his equity mistakes, the art of trading ownership for scalability, and how to handle setbacks as stepping stones to success. Additionally, he emphasizes the power of public accountability in building trust and the need to hire for weaknesses while honing personal strengths.
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ANECDOTE

Humble Start To Billion-Dollar Portfolio

  • Brandon Turner went from buying cheap rentals in Grays Harbor to founding Open Door Capital and owning over a billion dollars in real estate assets.
  • He describes four life phases: early rentals, BiggerPockets, Open Door Capital scale, and founding Better Life Tribe to give profits to charity.
ADVICE

Decide Fast To Create Momentum

  • Decide clearly and commit to a direction to unlock momentum and attract people to follow you.
  • Research the specific metric you need, set a decision deadline, and correct course later if needed.
ADVICE

Use A Vivid Vision To Recruit Talent

  • Create a vivid vision document that describes specific future metrics, roles, and lifestyle to recruit cofounders and team.
  • Share it with people to invite commitment and attract partners who want to build that future with you.
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