201 episodes
- We're back.
After taking the entire summer off, Cam and I finally sat down for another episode of The Better Life Podcast - and a LOT has changed.
Cam moved his family back from Maui to Missouri.
His flipping business has had one of its roughest years yet.
I've had a difficult year in real estate too.
So this episode is a pretty honest conversation about what happens when business doesn't keep going up and to the right - and how that changes the way you think about money, lifestyle, and financial freedom.
In this episode:
🞄 Why Cam moved his family back from Maui
🞄 What's happening in the house flipping market right now
🞄 The 4 levels of financial freedom
🞄 Why high income doesn't always equal real freedom
🞄 Why we're both paying attention to assisted living
🞄 How AI and robotics could change real estate and senior care
Financial freedom isn't just about making more money.
It's about building a life that still works when the market changes.
Drop a comment: What does financial freedom look like to YOU?
Want more honest conversations about money, business, real estate, and building a BetterLife? Subscribe and hit the bell 🔔
00:00 – We're Back
15:00 – Why Cam Moved Back From Maui
26:45 – The 4 Levels of Financial Freedom
37:18 – Is House Flipping Still Worth It?
46:01 – Why Assisted Living Has Our Attention
56:40 – Will AI & Robots Change Everything?
1:05:50 – What We're Excited About Next
🧔♂️ WHO AM I?
My name is Brandon Turner! I teach people how to BUILD WEALTH WITHOUT LOSING THEIR SOUL through real estate investing!
💰 NEED TO REFINANCE OR GET A LOAN?
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✉️ JOIN MY NEWSLETTER
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📚 READ ONE OF MY BOOKS
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❌ DISCLAIMER
This content is for educational and informational purposes only and is not financial, legal, tax, investment, or medical advice. Real estate investing involves risk, and results are not guaranteed. Always do your own due diligence and consult qualified professionals before making financial, investment, or health decisions. - Every investor has these. The deal they knew was sketchy, and bought anyway. The one where they ignored the red flags. The one where they just flat out didn't know what they were doing yet.
In this episode, Cam Cathcart and I each share our three worst deals. What we paid. What went wrong. What it cost us. And what we'd do differently.
Cam took an $80,000 loss on a house where the previous flippers hadn't pulled a single permit, meaning he had to gut the entire thing twice. I worked 12 months straight on a duplex, lost $15,000, and then watched that same property hit half a million dollars years later after I'd already sold it at 120.
We also talk about what happens when you stop paying attention to a property that's been running fine, why turning down that first weekend offer is almost always a mistake, and why all three of Cam's bad deals were outside his buy box.
We don't share these to scare you off. Deals go bad. That's part of it. The goal is just that when yours does, it's not one of these.
🧔♂️ WHO AM I? My name is Brandon Turner! I teach people how to BUILD WEALTH WITHOUT LOSING THEIR SOUL through real estate investing!
1️⃣ WANT TO GET YOUR FIRST DEAL?
https://go.abetterlife.com/fd_yt_landing
📈 WANT TO SCALE YOUR EXISTING PORTFOLIO?
https://go.abetterlife.com/blt_yt_landing
🤝 CONNECT WITH ME ON INSTAGRAM
https://go.abetterlife.com/bb_yt_instagram
📚 READ ONE OF MY BOOKS
https://go.abetterlife.com/bb_yt_storefront
❌ DISCLAIMER
https://go.abetterlife.com/bb_yt_disclaimer - I’ve unfortunately committed every single one of these…
The bad deal I knew was bad, but bought anyway. The strategy I abandoned three months in because something shinier came along. The numbers I cooked because I didn't want my mentor to tell me I was wrong.
In this episode, Cam Cathcart and I go through the 7 Deadly Sins of Real Estate Investing. These are the mistakes that kill portfolios, waste years, and keep people broke even when the market is working in their favor.
Sin 1: Lusting after shiny strategies
Sin 2: Gluttony for education
Sin 3: Greed for impossible returns
Sin 4: Sloth in deal flow
Sin 5: Wrath towards the market
Sin 6: Envy of other investors
Sin 7: Pride in your bad math
Go to my Instagram @BeardyBrandon and DM me, TRACKER for the exact habit tracker I use every day, or DM me 3DC to get into my free three-day deal analysis challenge. Both are free and hit your inbox automatically.
BOOKS MENTIONED:
The 4-Hour Workweek by Tim Ferriss → https://www.amazon.com/4-Hour-Workweek-Escape-Live-Anywhere/dp/0307465357
🧔♂️ WHO AM I? My name is Brandon Turner! I teach people how to BUILD WEALTH WITHOUT LOSING THEIR SOUL through real estate investing!
1️⃣ WANT TO GET YOUR FIRST DEAL?
https://go.abetterlife.com/fd_yt_landing
📈 WANT TO SCALE YOUR EXISTING PORTFOLIO?
https://go.abetterlife.com/blt_yt_landing
🤝 CONNECT WITH ME ON INSTAGRAM
https://go.abetterlife.com/bb_yt_instagram
📚 READ ONE OF MY BOOKS
https://go.abetterlife.com/bb_yt_storefront
❌ DISCLAIMER
https://go.abetterlife.com/bb_yt_disclaimer - My very first employee had never used a computer.
I hired her to be my digital assistant. Day one, I said, "Go to your desktop," and she asked what that was.
That was hire number one. It got more complicated from there.
I've read a lot about hiring. Talked to a lot of people about it. But mostly I've just done it wrong enough times to figure out what actually works. And in this episode, I'm laying out the whole thing: the 10 Commandments of Hiring and Managing a Rockstar Team.
We talk about why your first hire is probably not who you think it is. How to run candidates through a process that filters out the wrong people before you're three months in and miserable. What real onboarding looks like versus what most people do, which is basically nothing. And why recruiting is something you should be doing all the time, not just when you're desperate and stressed and need someone yesterday.
Hiring is leverage. Get it right, and it compounds. Get it wrong, and you'll feel it for a long time.
📚 Book mentioned:
Buy Back Your Time by Dan Martell → https://www.amazon.com/Buy-Back-Your-Time-Entrepreneurial/dp/0593539257
Traction by Gino Wickman → https://www.amazon.com/Traction-Get-Grip-Your-Business/dp/1936661837
🧔♂️ WHO AM I? My name is Brandon Turner! I teach people how to BUILD WEALTH WITHOUT LOSING THEIR SOUL through real estate investing!
1️⃣ WANT TO GET YOUR FIRST DEAL?
https://go.abetterlife.com/fd_yt_landing
📈 WANT TO SCALE YOUR EXISTING PORTFOLIO?
https://go.abetterlife.com/blt_yt_landing
🤝 CONNECT WITH ME ON INSTAGRAM
https://go.abetterlife.com/bb_yt_instagram
📚 READ ONE OF MY BOOKS
https://go.abetterlife.com/bb_yt_storefront
❌ DISCLAIMER
https://go.abetterlife.com/bb_yt_disclaimer - You built the business. Good. Now get out of the way.
This is the final episode of the 7-Figure Business Blueprint series, and it's about the one thing most people skip mentally, even when they're watching it. Because delegation sounds easy until you're the person who thinks nobody else can do it right.
The difference between owning a business and being owned by one.
The delegation ladder from automation to full-time hires.
How to run a hiring funnel that filters out duds before you ever waste an hour on an interview.
SOPs and why building them is the most productive thing you can do, even when it feels like the opposite.
The 10-80-10 rule for managing without turning into a micromanager.
The operating system that holds your company together when you're not in the room.
That's the goal. A business that makes money without requiring your presence every single day.
Want the full PDF summary of this entire series? DM me the word "7blueprint" on Instagram: https://go.abetterlife.com/bb_yt_instagram
🧔♂️ WHO AM I? My name is Brandon Turner! I teach people how to BUILD WEALTH WITHOUT LOSING THEIR SOUL through real estate investing!
1️⃣ WANT TO GET YOUR FIRST DEAL?
https://go.abetterlife.com/fd_yt_landing
📈 WANT TO SCALE YOUR EXISTING PORTFOLIO?
https://go.abetterlife.com/blt_yt_landing
🤝 CONNECT WITH ME ON INSTAGRAM
https://go.abetterlife.com/bb_yt_instagram
📚 READ ONE OF MY BOOKS
https://go.abetterlife.com/bb_yt_storefront
❌ DISCLAIMER
https://go.abetterlife.com/bb_yt_disclaimer
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About The BetterLife Podcast
Uncover the secrets to living a BetterLife with us - investors and friends, Brandon Turner & Cam Cathcart. Join our conversations about real estate investing, wealth building, and lifestyle design with industry experts and seasoned entrepreneurs. Join us as we explore the habits, actions, and beliefs that will lead you to your BetterLife without losing your soul.
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