4.8 • 767 Ratings
🗓️ 18 December 2023
⏱️ 87 minutes
🧾️ Download transcript
Brian Murray is an investor, best-selling author of three books about multifamily real estate, Co-founder and Key Principal of Open Door Capital, and ultramarathoner.
In this episode, Brian talks about his investing journey from $30,000 teacher salary to $1 Billion assets under management, his partnership with Brandon, embracing long-distance running and spirituality in recent years, and putting his hard-won wisdom into a new book.
-What he learned from working in a toxic startup culture that destroyed his physical and mental health
-"F You Money" and walking away from a job that compromises your morals
- How he went from schoolteacher to owning offices and apartment buildings
- How he turned a poorly-performing asset into a cash cow
- Using creative financing early in his career
- Writing the world's best-selling self-published real estate book
- How to vet potential business partners and the story behind Open Door Capital
- Buying a ranch, working with his hands, and living a minimalist lifestyle
- Running 50+ miles at a time
- How owning more stuff complicates your life
- His advice to people who can't figure out what to focus on
- His spiritual life and a transformative trip to Nepal
- Why he's writing a highly personal book dedicated to his grown children
Brian's Charitable Cause:
Friendly Fields Farm Sanctuary, a rescue and rehabilitation sanctuary for farm animals facing abandonment, neglect, and abuse.
Connect with Brian:
- Instagram
Books Mentioned in this Episode:
- Welcome to my Garden: A Father’s Gift of Reflections, Life Lessons, and Advice by Brian Murray
- Crushing It in Apartments and Commercial Real Estate by Brian Murray
- The Multifamily Millionaire, Volume I and Volume II
- Think Like a Monk by Jay Shetty
- The Power of Now by Eckhart Tolle
- Loving What Is by Byron Katie
Link to Buy Audiobook
Link to Buy Physical Book
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0:00.0 | I'm never going to work for someone who's going to make me go counter to my values. |
0:06.0 | I'm never going to do something that I can't sleep at night. |
0:08.3 | And if I need to, I need to have enough to walk away at any point in time if someone's going to ask me to compromise my morals. |
0:16.7 | So yeah, I encourage people to think about take seriously what you just said. |
0:20.6 | Like live below your means, set some money aside so that if you are in that situation, |
0:25.1 | that you have to make a change. |
0:26.2 | You have that ability to do so. |
0:30.7 | Welcome to A Better Life with Brandon Turner. |
0:33.8 | That is me, where world-class guests share their wisdom on building a better life. |
0:37.7 | Join me as we explore the habits, the actions, and the beliefs that have guided their journey |
0:41.6 | with the aim of helping you apply those lessons to your own. Brian Murray, welcome to the show, man. |
1:03.2 | I'm excited to be here. |
1:04.4 | Dude, every time we get to talk, it's like coming home to a good friend. |
1:08.3 | So you and I have had quite the adventure the last few years. |
1:10.9 | I appreciate that. I agree. Yeah. Me too. So Brian, I know you as obviously a partner |
1:16.2 | in mine at Open Door Capital. I know you as a real estate investor, one of the greatest |
1:20.2 | real estate investors of all time before that. And even while we built this massive Open Door Capital, |
1:25.9 | I know you as a bestselling author, one of the best selling real estate authors in the capital. I know you as a bestselling author, one of the |
1:28.8 | best selling real estate authors in the world. I know you as an ultramarathon guy. I know you as a |
1:33.8 | very deeply spiritual guy and not necessarily religious, but spiritual. And we can definitely |
1:38.2 | dig into that if you want to later. But let's go back before all that. Who was Brian Murray? |
1:43.5 | Well, first of all, thank you. You're too kind. I grew up in upstate New York in a, I guess, |
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