479: 10 Powerful Lessons Brandon Learned Building a $50M+ Rental Portfolio 56:35

    <p><strong>We all reach a point of complacency.</strong> We tell ourselves that we’ve done enough, it’s too hard to go further, or we don’t have enough experience, money, or time to accomplish the goals that seem impossible. <a href="https://www.beardybrandon.com/"><strong>Brandon Turner</strong></a>, host of the BiggerPockets podcast, was feeling this way too, sitting on a decade worth of real estate, with enough passive income to live his life how he saw fit. It wasn’t until <strong>Brandon started surrounding himself with people who did much more</strong> than him that he realized<strong> he wasn’t hitting his true potential</strong>.</p><p>Now, leading the real estate syndication <a href="https://odcfund.com/">Open Door Capital</a>, Brandon has<strong> more than 10x-ed his rental portfolio</strong>, built a life he loves in Maui, and worked with some of his heroes. This wasn’t by accident, it also wasn’t dropped into his lap. Brandon<strong> spent serious time thinking about his “</strong><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-447-cameron-herold"><strong>vivid vision</strong></a><strong>” of the future</strong>, what he wanted out of life, and who would help him get there.</p><p>He’s had ups and downs, with some of his favorite <strong>employees leaving, partnerships falling through, and deals being lost</strong>. All of these proved to be valuable lessons in his ongoing work to <strong>create a </strong><a href="https://www.biggerpockets.com/blog/mobile-home-parks-hottest-asset-class-2020"><strong>mobile home empire</strong></a> and become the best of the best at what he, and his team, does.</p><p>In This Episode We Cover:</p><p><strong>The 10 lessons Brandon learned</strong> starting Open Door Capital</p><p>Why it’s <strong>crucial to have a goal for your life </strong>and shoot towards it</p><p><strong>Understanding when you’ve become complacent </strong>and finding inspiration</p><p>Giving up more to <strong>work with partners</strong> who will bring you far, far greater returns</p><p><strong>Working for your employees</strong> and doing anything you can for their success</p><p>How <a href="https://www.biggerpockets.com/blog/2013-08-25-coaching-business-life"><strong>coaching</strong></a> allowed Brandon to open up his mind to huge possibilities</p><p>Using a <strong>“Hunger Games” style recruiting technique</strong> when finding new talent</p><p>And <strong>So </strong>Much More!</p><p>Links from the Show</p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.youtube.com/biggerpockets">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/membership-types">BiggerPockets Membership</a></p><p><a href="https://store.biggerpockets.com/">BiggerPockets Book Store</a></p><p><a href="https://odcfund.com/">Open Door Capital</a></p><p><a href="https://www.biggerpockets.com/blog/wp-admin/post.php?post=129843&amp;action=edit&amp;classic-editor">BiggerPockets Podcast 403: Developing a Millionaire’s Mindset and Overcoming Limiting Beliefs with Performance Coach Jason Drees</a></p><p><a href="https://www.biggerpockets.com/blog/wp-admin/post.php?post=122233&amp;action=edit&amp;classic-editor">BiggerPockets Podcast 369: Escaping the Day-to-Day Grind to Work on Your Business with Jefferson Lilly</a></p><p><a href="https://www.biggerpockets.com/blog/wp-admin/post.php?post=92500&amp;action=edit&amp;classic-editor">BiggerPockets Podcast 246: Surviving the Coming Crash, Earning 20% Returns, and Buying Mobile Home Parks with Kevin Bupp</a></p><p><a href="https://www.biggerpockets.com/blog/wp-admin/post.php?post=135706&amp;action=edit&amp;classic-editor">BiggerPockets Podcast 447: Create Your Dream Life in 3-5 Years Using Vivid Visions with Cameron Herold</a></p><p><a href="https://www.biggerpockets.com/blog/wp-admin/post.php?post=85813&amp;action=edit&amp;classic-editor">BiggerPockets Podcast 212: Buying a 115-Unit Apartment Complex for No Cash Out of Pocket with Brian Murray</a></p><p><a href="https://www.biggerpockets.com/blog/wp-admin/post.php?post=73241&amp;action=edit&amp;classic-editor">BiggerPockets Podcast 126: From 0 to 400+ Units Through Value-Add Investing with Brian Murray</a></p><p><a href="https://www.iwantmultifamily.com/">Pre-order Multifamily Millionaire</a> by Brandon Turner and Brian Murray</p><p>https://www.biggerpockets.com/show479</p><p><br></p>
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