Brandon Turner on Housing Crash Prophecies & REAL Financial Freedom

Episode #786
Brandon Turner is back! That’s right, live from the Sea Shed are your beloved BiggerPockets hosts, Brandon and David! Can you feel the bromance brewing through your speakers, or is it just us? David flew out to attend one of Brandon’s recent events and conduct a two-part interview with one of the most popular property investors on the planet! And boy, oh boy, has Brandon been busy!
In this episode, David puts Brandon in the hot seat, going through a fire round of top-asked questions to get Brandon’s input on not just real estate but life. You’ll hear Brandon talk about housing market crash prophecies and whether or not he thinks they’ll come true, the struggles he’s facing with today’s intense competition, an unflattering tattoo that may or may not be part of a bet gone wrong, and why humiliation is one of the BEST ways to get you in the zone to WIN.
But that’s not all; you’ll hear about how Brandon used social media to build his entire real estate business, why NOW is the time to lock down good debt (and invest!), and why you need to STOP trying to survive and start looking to thrive! Tune in as we take a nostalgic walk down metaphor lane with Brandon and David!
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Past Episodes Mentioned in Today’s Show:
Brandon: www.biggerpockets.com/blog/20...
Jocko Willink: www.biggerpockets.com/blog/bi...
Jordan Harbinger: www.biggerpockets.com/blog/bi...
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Connect with Brandon:
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Instagram: @beardybrandon or / beardybrandon
Podcast: abetterlife.transistor.fm/
TikTok: @beardybrandon or / beardybrandon
Website: www.beardybrandon.com/
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Connect with David on BiggerPockets:
David: www.biggerpockets.com/users/d...
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Follow David and BiggerPockets on Instagram:
@davidgreene24 or / davidgreene24
@biggerpockets or / biggerpockets
Show notes at: www.biggerpockets.com/blog/re...
00:00 Intro
01:28 David Hates AI
06:02 Your Most Important Relationship
09:25 The Self-Fulfilling Property Prophecy
24:33 Nickelback Tattoo Bets
30:00 Feel the Fear and KEEP Going
40:39 House Hacking a $4M Property
42:49 Famous Four

[@shana5300]

I really miss Brandon and David together. I always loved their chemistry.

[@SuperApe3030]

Was hoping he was back permanently. Better then that other guy. lol.

[@KVille76]

Every Sunday lately I’ve been working my second prn nursing job , saving up for the next house, and have been enjoying the Sunday videos ! Keeps me driven 💯

[@kimberiysmarketstrategy]

Best of luck to you!

[@ryanshroyer5146]

Letssss goooo! Nurse here also grinding for more deals

[@KidCity1985]

My parents sold their house for 9k in 1969. It is now listed for over 1 million, in Seattle.

[@freeestyleobsessed]

Easy peasy, invent a Time Machine

[@rullau3378]

My wife wanted to divorce me when I forced her to buy this messed up duplex for 230K 10 years ago... it's worth 1.2M now. Rents are about $7,000/month 😊😂

[@deecee2174]

​@@rullau3378get ready to run Budsy

[@roundedges2]

Small town dude makes good!

[@roundedges2]

I’m with Green on AI. Dehumanizing, literally.

[@davidstephens9594]

This was very encouraging to me! I really appreciate how these guys get personal and are very relatable. When I listen to certain professional realastate guys that just talk shop and they use a strick vocabulary that I dont completly understan, it makes me feel a little intimidated and unrelatable to the speaker but not so with Brandon & David. One of the first realastate books that I read was Brandon Turners book called Rental Property Investing and he communicates very well and makes the point. Anyway good job guys!

[@netania123]

It is so good to see Brandon again! I started watching BP videos back in 2017. I learned so much from Brandon. :)

[@the_meagan_channel]

You guys have a great dynamic, this was interesting, insightful, informative, and funny.

[@karimkarachiwalla7073]

What a great episode. So nice to see both my heroes together. Love it.

[@dompellegrini5520]

How AWESOME to have "Red Beard, the Real Estate Pirate" back! 😁 Glad to see and hear from you both again. Oh Happy Days, Oh Happy Days....😊

[@kimberiysmarketstrategy]

Is it permanent?

[@TJ-th9hw]

It’s great to see Brandon back. It was a great show with lots of nuggets! Thanks!

[@MessiiMonopoly]

TWO GOATS!! I love you both! Great episode ! We need more Brandon n David content

[@stevebuggatti7994]

Love the chemistry you two bring to the conversation. If you two were my professors in school, I might have aced the class. 😁👍

[@plantbasednurse]

It is scary at first “Why even try” is what I used to think. I changed my mindset after a life event. Then I started with 1 property using a partnership. And proved to myself it can be done. Anyone can do it! Just start 😊 we have 3 STR now and it shows you can do anything you put your mind to. My grandma used to tell me that all the time 😊 Thanks to bp as they helped me learn a lot years ago before making the move.

[@RJ4Loans]

Great information from both of you. Thanks for all you do.

[@ziao.1359]

Wonder why I can’t start or finish everything I dream….. my marriage is draining me. Now I know where the issue is. Thank you

[@kimberiysmarketstrategy]

Ouch what?

[@kimberiysmarketstrategy]

My comment was erased! I think you might consider a small vacation for each of you, it helps. I’m relationships you always get bumps in the road, right now it’s not easy. It’s almost like the Great Depression when so many fathers left home. I don’t know your entire situation but maybe take a solid look at it when you can get some perspective and your not right in the middle of it. Hopefully it’s not a 10 year marriage with 5 kids or something. Consider your investment is all I’m saying. Best to you!

[@geoffwhisner5832]

You guys are absolutely awesome! Thank you. Keep it coming!

[@Infarlands]

I can’t find “ the next thing “ book isn’t in the show notes link. Maybe I missed it. Maybe it’s not there. Sorry and thank you

[@kseniak1408]

Yay!! Brandon is back! Welcome back! 🙌

[@JKRealtyServices]

Love the quote about patterns! I’ve never heard this before, but so eye opening 👌🏾

[@legacyopp9318]

Refreshing education. Thank you .

[@TheDirtyHobbitIV]

Just listened to chapter 10 of The Road Less Stupid. Has an Art of War like feel for Real Estate. Thank you for the book recomendation and for the consistancy of BiggerPockets.

[@TechOutAdam]

So great to see Brandon again. Missed this dude big time.

[@hunterfitch5951]

Love hearing Brandon!

[@tylereweaver649]

This is amazing. Great to hear from you on bp Brandon

[@annamelnikova2355]

Yay! Great to have Brandon back :))

[@juanfigueroa8042]

Great to see and hear Mr. Turner back!!

[@juliocesarmonroy1820]

Great video .. awesome interview I’ve learned so much watching your videos. By far the best in real estate investing . Congratulations

[@mp3er3000]

love it when Brandon is back again.

[@neocollective]

Happy to see Brandon, been missing him 🤗

[@alexbent3852]

Good to see You Brandon!

[@claycruckosha]

38:12 Love the white belt story. I've used that one so many times.

[@thejollyredgiant5714]

This Brandon guy is going places in life. Lol

[@RicksCafeAmericana]

I am preparing to buy my next rental but I do have a concern about the market. Since 1965 home prices have increased 7.5 times faster than income. In 2023 the average in come is $56,000 while the average price of a home is $420k. So the average traditional mortgage is 39,600 over a year. The math is not adding up for most Americans and the disparity is becoming unmanageable at the macro level it would seem. Will the high prices zap demand (by this I mean the ability to purchase) and lead to a drop in values or a flattening of prices over a long period? I want to continue to invest in real estate but I worry about the fundamentals of the market.

[@davidmacgown321]

Brandon is the king of analogies

[@caseybrightwell]

Great POD love bigger pockets. Just a heads up guys there are luffa that come on a stick so you can wash your entire back 🧐 Hahah luv you guys! Thanks for all the info alll the time 💯🏆

[@calibou6975]

Welcome back Brandon!!

[@Businessane]

So cool - you can see the bromance 👬

[@toucansam3217]

We've missed you, Brandon!

[@AutomotiveAnatomy]

Awesome to have both of you together. 🎉

[@SuperApe3030]

World have been nice to hear some current market discussion.

[@stoneray76]

My favorite thing was how Brandon had all the books he's written and had up the one to come. Where did you print does on canvas?

[@marcodelgadorealtor]

Great analogy of showing up to get your white belt in Jujitsu!

[@Jordanehart]

Please do a deeper dive on Brandon's theory of where the economic cycle is.

[@tyjameson7404]

Epic interview ❤️🙌🏾💪🏾🇺🇦👊🏽🙏👍🇺🇸👏🏿

[@BalmainBum]

My favorite podcast is back! lol

[@harryhunter7872]

Great conversation between friends. Lots of good advice if you read between the lines

[@robertm.serrato258]

Ahhh! Welcome back Brandon!

[@Hawk2phreak]

David looking swole! 💪

[@onyx9857]

Now i know what those children of military vets feel when dad shows back up.

[@topshelf8292]

Missed Brandon 👌🏾

[@RicksCafeAmericana]

I don’t always align my associations with my mission. I have friends with diverse backgrounds. But I do choose to hang out with people who strive, are positive, and have a strong moral core.

[@claycruckosha]

4:33 after "moving on" from GPT... I died 😂

[@kcaaguests4083]

stocks/bonds can pay dividends/interest /option selling/company stock buybacks/special dividends/tax loss harvesting etc

[@rhysr.4957]

Brandon you have a pretty nice singing voice

[@bk7314]

Great to see Bearded Brandon, I miss hearing from him!

[@trofas9945]

Good for you. Marriage is under attack. Thank you for saying what needs to be said. Hi Brandon, your the best.

[@enriquer.anadilla3709]

😅 fantastic intro

[@GLLHamp]

Is that wave at Windmills?

[@Annd75575]

Drink collagen to get your hair to grow faster. Not kidding. For real and oh it’s great for your joints. Great show guys!

[@pedrelias]

Do jiu-jitsu! Once you start your life will change

[@EricZachary-om7hf]

I'd suggest making the most of the recession and inflation. Recessions are an inherent part of the economic cycle, therefore you can only plan and prepare for them. After graduating, I fell into a rut because my first job out of college was as an aerial acrobat on cruise ships. I currently run my own company, serve as a vice president for a significant corporation, own three rental properties, make stock and company investments, and have increased my net worth by $500k over the previous 28 months.

[@jeannej19]

David won the artificial intelligence debate cuz it never came up with the very simple word "reunited."

[@mackindelegation1107]

I missed the Chris durkin and Brandon turner days

[@GimmeParty]

Do you mean Josh Dorkin? Founder of BiggerPockets?

[@deecee2174]

Let's Go Brandon! Literally and figuratively 🇺🇸

[@bigdaddy1010]

There it lots of data out there that points out the issues in the economy. Their is currently a “crash” occurring in real estate but it will be more regional based much like the regional inflation we witnessed the last couple years.

[@benb3799]

Great podcast. Don’t agree with the nickleback reference

[@Antonellasiciliana]

OK fine I’m going to jujitsu. I am a 5’1” female… wish me luck update to come

[@mitra3021]

Guys, they're is a new age invention called a back scrubber/shower brush... it gets that triangle on your back. Now you can have your entire back licked. YW 😊

[@crusa78]

What I like with Brandon is his ability to take a step back. He has nothing to prove, and is just here to share his thoughts and experience.

[@cubicleinvestor2553]

Just buy a loofa with a handle Brandon Turner?

[@haircarekuwait4804]

❤❤❤❤❤

[@rubena6105]

Even Robert Kiyosaki is going to be right about the "crash" one day. I'm surprised you called him out because most people won't.

[@MrSami-gk1oj]

i mean no disrespect i love your show but i think we are on thin ice , just wait another year and you will see , well do you see all the people louting stores ??

[@daniel_matheo]

No offense to DG but BP hasn’t been the same since Brandon left. They need to bring him back

[@eyidogangurcan]

Freedom is living in a forest alone

[@somegladmourning443]

I think chatGPT enhances what is already there. If you are lazy, it helps you increase that laziness, if you are industrious, it can help you be more industrious...etc.

[@redtiger7268]

"No indicators" There is ample data showing we are in for a housing correction. I am specifically saying correction NOT CRASH. In most areas we are looking at a retraction to the long term price to income ratio. In some areas with high AirBnB they will see an uptick of units for sale later this summer but no major dump of units on the market is coming. What Bigger Pockets always gets wrong is WHO should be investing right now. This is not the time to start a real estate career. Mr. Turner started in 07, he was a bit early but otherwise he got in at a great time. If say he got in at the end of 05 he would have been blown out and singing a completely different tune now.

[@zacharybowers3]

rekindled.

[@arthurfonzarelli9828]

It's Blackrock not Blackstone 😊

[@masterkong369]

I have a hard time believing that a 200k home will be 200 mil in 30 years in the mid west... not unless the average entry level wage is 100k + a year

[@kyleinpa5285]

Rekindled

[@jennyzhang4196]

Not exactly. Look at Japanese housing market history... The risk is there although American housing market might not be there yet.

[@Chiefovereverything]

Tell me you don’t use wash cloths without telling me you don’t use wash cloths….

[@SuperApe3030]

That beard is dangerous for in a reality life jujitsu situation.

[@mikeloker6908]

You left us Brandon and now you just want to come prancing back into our lives again like nothing happened?!!

[@therock1232100]

Nickelback is formulaic. Sounds the same for all their songs

[@Lovepinkdress]

The wages are not growing! How is that supposed to go up all the time,paying over 500k or more for one bathroom,, how does this make sense? I love your podcast but this buy now headlines all the time, I don’t know.

[@EGoldman]

Probably making the case that investors will keep driving up the market.

[@felipesanin1808]

What you mean you may or may have not done that. You either did, or didnt.

[@KristinaNewYork]

i miss brandon :(

[@danpasmore1596]

I Locked 30 single family homes in for 30 years in 2012 to insure a fixed income The next 30 I bought have been 3yr and 5 yr notes fixed rate locked in 10 in flood zone with private money 15 year fixed loans avoided flood insurance

[@BenB56]

Has brandon ever revealed his upper lip

[@dennishowland7495]

Navigate to great she’ll Brandon and David Graham but I kind of think that people should take away what do you want them to create $10 billion worth of assets I think people start to need to take hold of everybody to quit doing well why would they give you capital Brenham they can go out and want to do the same thing as you I think it’s inspirational I want to be a billionaire I want to be a trillionaire but what she probably take everybody should strive to do their own thing so it’s good to get information from you like to know what are used for the generation what type of market you’re in now you’re doing a state sales tax sales what are you doing

[@AyahuascaDataScientist]

Brandon is SO MUCH BETTER than Rob. He’s missed dearly.

[@surfmarko]

Robuilt is rad. Neither is better just different.

[@JamesJordanbestnetworkeralive]

Dudes really out here using Chat Gpt to write sweet thing about their wives… doomsday here already 🤦🏾‍♂️

[@smoothdahustla9729]

Sorry David, if the marriage is at the point were it needs a counselor/therapist it is already over. Even more so if the word divorce is being used. Also, I think you have a very wrong view of men and maybe don't make yourself your mental point of origin. Why would you imply he is trying to screw his wife over if he asked how to make sure his wife doesn't take away all his assets. She's only entitled to 1/2 and she'll get more of she popped out kids, hopefully they are his biological kids.

[@signorpops8520]

He is playing to the now. Its ok

[@dennishowland7495]

I wish you guys were talk about more real estate less personal things that you’re trying to do one focus on the real estate and give people some really good leads on how Josie generation how to begin to become a billionaire like you guys have become

[@joepschmobly]

“Screw over your ex-wife?” If she didn’t do the work she shouldn’t get the assets.

[@nancyhoulihan4720]

I am an ex wife and the properties were my idea and I got screwed over and rebuilt even better. So don’t always think it is the man’s idea.