"99% Will Lose Money!" Brandon Turner’s Shocking Prediction for the 2025 Housing Market

The Iced Coffee Hour

Graham Stephan/Jack Selby

Entrepreneurship, Business

4.6 • 679 Ratings

🗓️ 23 February 2025

⏱️ 120 minutes

🔗️ Recording | iTunes | RSS

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Summary

NetSuite: Take advantage of NetSuite’s Flexible Financing Program: https://www.netsuite.com/ICED ExpressPros: Get the hiring support you need at https://ExpressPros.com Bilt: Start earning Points for the rent you’re ALREADY paying at https://joinbilt.com/icedcoffee Shopify: Sign up for a $1 per month trial period at https://shopify.com/ich MagicMind: They have a limited offer you can use now, getting you up to 48% off your first subscription or 20% off one-time purchases with code ICEDCOFFEE20 at checkout. You can claim it at: https://www.magicmind.com/icedcoffee Check out @BeardyBrandon First Deal Program Here: http://www.firstdeal.com/icedcoffeehour/ - listeners will receive $500 off Add us on Instagram: https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan Official Clips Channel: https://www.youtube.com/channel/UCeBQ24VfikOriqSdKtomh0w For sponsorships or business inquiries reach out to: [email protected] For Podcast Inquiries, please DM @icedcoffeehour on Instagram! Timestamps: 00:00:00 - Intro 00:01:24 - Is now a good time to buy a house? 00:03:45 - Will deregulation lead to more housing? 00:06:23 - Have home values really increased, or is it inflation? 00:07:43 - Brandon Turner’s background 00:09:45 - Involvement with BiggerPockets 00:11:35 - Sponsor - Netsuite 00:12:47 - Most difficult deal he’s done 00:16:23 - Are property tax reduction services a scam? 00:18:47 - Biggest risks for real estate investors 00:21:39 - How to find good real estate deals 00:32:48 - Thoughts on modular homes 00:34:23 - Unique ways to make money in real estate 00:34:29 - Sponsor - Express Pros 00:39:15 - Who shouldn’t buy a home? 00:41:41 - Should high earners invest in real estate? 00:43:15 - How his business has changed over the years 00:46:28 - Getting into real estate with no money 00:49:07 - FHA 203K loan explained 00:54:10 - When will interest rates drop? 01:02:33 - How seller financing taxes work 01:04:10 - Best places to find real estate deals 01:09:25 - Sponsor - Bilt 01:10:35 - Sponsor - Shopify 01:11:29 - How to negotiate price down 01:12:57 - Best real estate opportunities right now 01:17:10 - Best markets and locations to buy in 01:20:05 - How to be a good landlord 01:24:50 - Thoughts on investing in Section 8 housing 01:29:19 - Purchases everyone should make 01:31:40 - How many businesses he operates 01:33:36 - Has he thought about scaling back? 01:35:02 - Can money buy happiness? 01:41:09 - Controversial take on money 01:43:27 - Why landlords are seen as evil 01:45:08 - Could he become a millionaire in a year if starting over? 01:46:19 - Does he believe in fate or self-made destiny? 01:47:37 - Comments on his beard 01:52:24 - Relationship advice 01:54:09 - Book recommendations *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	I've been buying real estate now for 20 years, right?
0:02.0	13,000 units, a billion dollars of real estate.
0:04.7	Everything has changed.
0:05.8	The entire market is flipped.
0:07.2	The supply of homes for sale is low, and prices are 53% higher than they were five years ago.
0:12.2	Just hang on.
0:13.0	It is incredibly hard to lose.
0:15.2	Then there are mortgage rates, which have more than doubled.
0:18.2	Where do you go to find good deals?
0:19.5	There's a hundred strategies we could talk about.
0:21.2	I'll tell you every every few my favorite.
0:22.8	There's a bidding more for literally every home in the market.
0:25.2	This is sound really silly.
0:26.4	It's not that hard to make a billion dollars when you're invested in real estate because
0:30.7	at last year we saw the lowest level of transactions in 29 years.
0:35.6	So starting from zero with no connections whatsoever, how confident are you that you can make
0:40.2	a million dollars in a year?
0:41.2	Given what I know right now, I'm 100% confident.
0:43.7	I can make a million dollars from nothing my first year.
0:46.4	Things have to bottom out, and they haven't bottom out yet.
0:49.2	People think if they just like do the right thing, they probably won't get rich anyway.
0:52.7	But I'm here to tell you, like, if you do
	...

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