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

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

FromBiggerPockets Money Podcast


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

FromBiggerPockets Money Podcast

ratings:
Length:
95 minutes
Released:
Nov 25, 2019
Format:
Podcast episode

Description

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 moneyHow to learned negotiating from his motherThe reason his mom bought him a book on how to handle moneyHis financial position after collegeHow he got a No-Doc loanBought properties to flip and turned them into rental propertiesWhat hard money loan isHis rock bottom experienceRead a hundred books on real estateThe reason he got into buying rentalsHow he convinced his wife to invest in rental propertiesStarted saving money by doing the cash envelope systemWhat seller financing isHow he bought his 24-unit apartmentThe importance of building integrityHow they met Josh DorkinHis balance sheet when he retiredBrandon's advice on investingLinks:BiggerPocketsBiggerPockets Real Estate PodcastBiggerPockets Business PodcastBiggerPockets ForumsThe BiggerPockets Book StoreBiggerPockets Money Podcast 42: How to Invest in Real Estate with Joshua Dorkin & Brandon TurnerRental Property Calculator from BiggerPocketsThe Dave Ramsey ShowPodcast MovementSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Nov 25, 2019
Format:
Podcast episode

Titles in the series (100)

For those who have money… or want more of it! Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth.