9/13/2023 0 Comments Bigger pockets pod cast![]() ![]() Just as the rise of the meme stock signaled the public's discontent with the Wall Street establishment, the success of both Turner's podcast and Open Door Capital reflects a similar sentiment in real estate. On his current trajectory of fast-growing affluence, he imagined he could one day be a billionaire (though he might give up accruing wealth before then, he said, to focus on charitable endeavors). Turner's net worth has swelled to about $10 million and counting, he claims. In September, he added, he raised his largest real-estate fund yet, topping out at about $25 million in just five days. The firm has used that cash to acquire about $200 million of property so far, he said. Though he started out as a small-time real-estate investor, Turner estimated that over the past year and a half, his nascent real-estate investment company, Open Door Capital, has raised close to $100 million, much of it by soliciting his social-media base. That might still only amount to "niche fame" in a world of social-media megastars, but it has led to big money. Over the past decade, the now-36-year-old has attracted 250,000 followers to his Instagram handle, and created a hit investing-advice podcast on the media platform BiggerPockets that's earned over 100 million downloads and is the No. It has garnered Turner a devoted following amid a DIY investment boom cluttered with Reddit stocks, cryptocurrency, and Robinhood accounts. He preaches a simple mantra: Buying up homes and renting them out can be a path to wealth and financial freedom for the masses and an escape from a 9-to-5 grind that, for many during the pandemic, has become all-consuming. But even he admits that buying a random property will lose you money in this hot market.īrandon Turner is, in his own words, only "niche famous." A cross between the self-help guru Tony Robbins and the stock-picking whiz Jim Cramer, but for the millennial crowd, Turner easily flips between the roles of motivational speaker and investment evangelist.He's the Instagram star behind BiggerPockets, which gives real-estate tips to millions via podcasts.Brandon Turner is a 36-year-old real-estate investor who says he's worth $10 million.Account icon An icon in the shape of a person's head and shoulders. ![]()
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