100: From Financial Disaster to Real Estate Master with Brandon Turner

You probably know Brandon Turner from the BiggerPockets Real Estate Investing podcast. On that show, he sounds like he’s got his life all together. But before he discovered the RIGHT way to do real estate, he made mistakes. LOTS of mistakes.
Today, Brandon shares everything he did wrong - from financing rehabs with a credit card to accumulating six figures in debt on properties he couldn’t sell.
But the most important thing Brandon did was learn from his mistakes. He read Total Money Makeover by Dave Ramsey and put the lessons learned from that book into action, paid off his debt and started living the life he truly wanted.
The episode is for people who’ve made mistakes, who are in debt or struggling to find a path to financial freedom. Brandon shows you that it’s OK to make mistakes, you CAN recover, and the life you want is within your reach.
In This Episode We Cover:

Brandon's journey with money

How to learned negotiating from his mother

The reason his mom bought him a book on how to handle money

His financial position after college

How he got a No-Doc loan

Bought properties to flip and turned them into rental properties

What hard money loan is

His rock bottom experience

Read a hundred books on real estate

The reason he got into buying rentals

How he convinced his wife to invest in rental properties

Started saving money by doing the cash envelope system

What seller financing is

How he bought his 24-unit apartment

The importance of building integrity

How they met Josh Dorkin

His balance sheet when he retired

Brandon's advice on investing

Links:

BiggerPockets

BiggerPockets Real Estate Podcast

BiggerPockets Business Podcast

BiggerPockets Forums

The BiggerPockets Book Store

BiggerPockets Money Podcast 42: How to Invest in Real Estate with Joshua Dorkin & Brandon Turner

Rental Property Calculator from BiggerPockets

The Dave Ramsey Show

Podcast Movement

Learn more about your ad choices. Visit megaphone.fm/adchoices

You probably know Brandon Turner from the BiggerPockets Real Estate Investing podcast. On that show, he sounds like he’s got his life all together. But before he discovered the RIGHT way to do real estate, he made mistakes. LOTS of mistakes.

Today, Brandon shares everything he did wrong - from financing rehabs with a credit card to accumulating six figures in debt on properties he couldn’t sell.

But the most important thing Brandon did was learn from his mistakes. He read Total Money Makeover by Dave Ramsey and put the lessons learned from that book into action, paid off his debt and started living the life he truly wanted.

The episode is for people who’ve made mistakes, who are in debt or struggling to find a path to financial freedom. Brandon shows you that it’s OK to make mistakes, you CAN recover, and the life you want is within your reach.

In This Episode We Cover:

Brandon's journey with money
How to learned negotiating from his mother
The reason his mom bought him a book on how to handle money
His financial position after college
How he got a No-Doc loan
Bought properties to flip and turned them into rental properties
What hard money loan is
His rock bottom experience
Read a hundred books on real estate
The reason he got into buying rentals
How he convinced his wife to invest in rental properties
Started saving money by doing the cash envelope system
What seller financing is
How he bought his 24-unit apartment
The importance of building integrity
How they met Josh Dorkin
His balance sheet when he retired
Brandon's advice on investing

Links:

BiggerPockets
BiggerPockets Real Estate Podcast
BiggerPockets Business Podcast
BiggerPockets Forums
The BiggerPockets Book Store
BiggerPockets Money Podcast 42: How to Invest in Real Estate with Joshua Dorkin & Brandon Turner
Rental Property Calculator from BiggerPockets
The Dave Ramsey Show
Podcast Movement

Learn more about your ad choices. Visit megaphone.fm/adchoices