BiggerPockets Real Estate Podcast - 551: Brandon’s Final Episode: Life Beyond Real Estate, w/ David Greene and BiggerPockets Founder Joshua Dorkin

Episode Date: December 30, 2021

Brandon Turner has been an essential part of the real estate investing community for almost a decade. Some could say that he is THE person most thought of when you say “real estate investing”. But..., in a both sad and happy way, Brandon is taking time off from the BiggerPockets Podcast to spend more time with his family, build his business, and surf significantly more. Due to the magnitude of the occasion, we brought in BiggerPockets’ founder, Joshua Dorkin, to help hand off the keys to the castle to your new show host, David Greene. Brandon, David, and Josh spend this show talking about burnout, identity, the cost of comparison, wealth building, new year's resolutions and goals, and how to become a better person, bit by bit, every day. We will miss hearing Brandon’s metaphors, jiu-jitsu references, and real estate horror stories from years ago, but we wish him the best of luck on his new ventures and hope to hear him back on the podcast soon with an update. For everyone but Brandon, stick around for new show formats with brand new co-hosts and content that you, the BiggerPockets community, have been asking for. In This Episode We Cover: Why burnout can be dangerous and often deceiving on your journey to success Separating your identity from your occupation and being more than just an investor The cost of comparison and why being content is the ultimate sign of success The “Wheel Of Life” practice to help you analyze where you are lacking 2022 goal setting and resolutions, and whether or not they work Advice on podcasting and taking the reins from Brandon Turner and Joshua Dorkin And So Much More! Links from the Show: BiggerPockets 2022 Wheel of Life BPCON 2021 Hustle & Persistence To Build Wealth Through Real Estate | BiggerPockets Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene BiggerPockets Podcast 421: Family Over Everything: How Life Forced BP Founder Joshua Dorkin to Reevaluate His Choices BiggerPockets Podcast 092: No (and Low) Money Down Real Estate Investing with Brandon Turner BiggerPockets Bookstore Zillow Tiktok Uber Open Door Capital Derek Sivers' Website The 'Birds Aren't Real' Conspiracy Movement GoBundance Live with Kelly and Ryan Check the full show notes here: https://www.biggerpockets.com/show551 Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:00 This is the Bigger Pockets podcast show. This is the Bigger Pockets podcast. Would you like to do it? This is the Bigger Pockets podcast show, 551. Even just sitting here today, listening to the three of us talk, hearing myself, hearing Brandon, hearing you, Dave, it gives me great hope hearing you, particularly, obviously, because I think you've got it. You know, you are ready.
Starting point is 00:00:30 man and to take lead to take charge and i don't know man you know i get emotional like it makes me feel really really good because like i have a thousand percent confidence that you know what's going to do what's going to do what's going on is brandon turner host of the bigger pockets podcast here with my co-host mr david green and whoo who for the first time in a long time mr josh dorkin what is going on everybody what's up man how you been hi how are you Man, I'm good. I'm good. I'm honored to be...
Starting point is 00:01:05 I don't think... Have we ever actually recorded a show in the C-Shed together? We have not. And you have lovely blue eyes. Thank you. I know. We were really awkwardly close to each other right now. This is weird.
Starting point is 00:01:14 I don't think I've ever looked at you like this. Yeah, I know. This is very strange. Pores need some work. He's got the pimples all over the face. Yeah. This is getting weird. David.
Starting point is 00:01:25 I've been in Josh's seat before, though. And it is exactly what he's describing. Big eyes. gigantic beard. He'll do this thing, Josh. When he's talking, he will look directly at your eyes and not let go. And it will feel like very awkward and almost violated. Like Brandon's stare is that.
Starting point is 00:01:44 Yeah, he does it on purpose. Yeah. Don't show weakness. What you do is you cross one eye and you leave the other one straight forward. So you can't quite tell what I'm looking at. Oh, anyway. There are two kinds of real estate investors, those who have reviewed their insurance and those who think that they have.
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Starting point is 00:04:32 I am the host of the Bigger Pockets podcast. Are you serious? You know about this, man. Wait, this is why you guys brought me here? This is why you're right. Yeah, Josh is taking over. No, that's not true. But I wish.
Starting point is 00:04:44 Wow. David's taking over. Dave. Yeah. Mausel tough. Man, it's going to be a good time. So here's the deal, everyone. So over the past nine years in a row, nine full years, we're going into year 10 here, starting
Starting point is 00:04:56 next week. So over the last nine years, the first, what, six, five, Josh and I did it together for the first. What was your first episode, David? Do you remember? It's like 260, 270 maybe? Yeah, something like that. So mid, like pretty much almost exactly halfway. Josh went on the first half.
Starting point is 00:05:12 Then Josh, you left to take care of family. And that put David in charge. We brought in David and David's been amazing to work with over the last a few years. And now it's time for me to do the same. Go take care of family. And not quite to the same extreme measure that you had to go. through with your family, but maybe give a quick update, Josh. What have you been doing in the last few years? How's the family? Family's good. Thank you for asking. I'm actually here a week out of my own surgery.
Starting point is 00:05:36 Ironically. So you hobbled in here. I definitely hobbled in. I've got a couple. Yeah, the nose job was it looks good, man. Yes, I'm a holy man. Yeah, you need to get some what, stomach issues like surgery? Yeah, I had a hernia. Surgery. So somewhat unpleasant. Not the same as no, no, no, no. How am I doing? I'm, I'm good. man i'm good man it's been what is it it's three years yeah since stepping back and i miss all you guys i miss all the listeners i miss you and your frightening blue eyes i miss me i mean they are god what is going on there it's the light it is it is crazy beautiful i miss dave yeah i've been doing really well family's good obviously we are well we're here on maui yeah so we're we're loving life here
Starting point is 00:06:23 in maui we are our neighbors now we are fairly close awesome we're very close. We did not suffer the same damage that you guys had. I don't know if you guys talked about it. I don't know if we ever did talk about it. My backyard is completely destroyed. If you guys ever seen pictures on my Instagram, like my cool backyard with a bunch of gardens, like a play area.
Starting point is 00:06:44 And like, it was beautiful. And it's gone. I'm going to wipe off the planet. It's now a pickleball court again. Brandon was like, I don't know where he was gallivanting around. I was galivanting. My wife at home. It was scary. It was scary. But yeah. Yeah, that was a crazy night. I'm like, yeah, hanging out in Nashville, like a bigger pockets of meetup. And she called me, she's like, I think the house is going to get swept away.
Starting point is 00:07:03 Like, she was legitimately concerned. So then Ryan called me. He's like, I think my house is going to get swept away. And then Josh calls me and he's like, I'm just fine sitting here up to my nice house on the hill. I did offer housing for both Ryan and your wife. But they couldn't even get out. The house was an island. That was crazy.
Starting point is 00:07:18 It was nuts. It was nuts. Yeah. So the lesson learned, even if you live on the side of a hill in the desert, flood insurance may have been a good idea in this case. I'm going to be out. I'm going to be out quite a bit of money. I'll fix up my yard because I don't have flood insurance. But who are you about to flood in a desert on the side of a hill?
Starting point is 00:07:36 I don't even live in the bottom of hill. It was bonkers. It was bonkers. It was bonkers. So, man, all right. So family's been all good. I love seeing your family. We've had a good couple years here hanging out a lot more often, surfing, a little, little beach surfing. Well, see, that's the thing.
Starting point is 00:07:50 It doesn't happen that often. It doesn't. Which is, I think, partially why you're stepping back. Yeah. I mean, I say it's because of it's because of a little beach, I'm a little bit of surfing. family really to go to Josh. I just want to surf more with you, man. We're going to have a good family. Josh is family. Josh is family. We are Ohana over there. Yes, we are Ohana. That is true. We are ohana and we hang out and we surf and we're going to do more of that this year. That's exciting.
Starting point is 00:08:10 It's exciting. But I'm good. You know, I've been really spending the bulk of my time. What have I been doing? It's so hard. You built up so hard. I've been doing a lot of construction and I've been doing a lot of investing, investing in a bunch of real estate deals, startup deals. I've been advising small companies, startup companies, so that's been a lot of fun. I've actually really, really enjoyed that, helping folks on the marketing side and community side and other areas of expertise where I can provide some help. And, oh, man, what else? You know, spending a lot of time with the fam, a lot of time just focused on just in myself,
Starting point is 00:08:49 taking care of myself. Burnout is real, as I'm sure most people listening understand. What have you learned? You work in a lot of hours for a lot of years. What have you learned that could help listeners about avoiding burnout or dealing with burnout? It's not worth it. I mean, straight up, it's not worth it. So, you know, it's interesting because in the midst of it, I was probably one of the biggest
Starting point is 00:09:12 proponents and advocates of hustle culture, right? Work your butt off, grind, grind, grind. Ironically, I am now not so much of a proponent of that. But really, I think it comes down to mental health. and physical health. I think when you're doing that, you don't have the chance to take care of yourself. And if you can't take care of yourself, things will suffer. Your work's going to suffer. Your family life's going to suffer. Your other areas of who you are of your being will suffer. So I'm definitely more of a proponent of balance today than I was. Now, that's not to say that you shouldn't work hard, you shouldn't hustle.
Starting point is 00:09:49 You know, if you're trying to start something up working 60-hour weeks or 80-hour weeks, honestly. I mean, like, it's necessary. sometimes. You know, I took it to an even greater extreme than that. But I think just being focused and if you can eliminate a lot of the junk time, things like social media, I mean, we all just jump to our phones instantly and, you know, flick away on things. It's ridiculous. And you'll look and you'll see you've spent three hours on your phone. And what did you do? You did nothing, right? So if you eliminate that, you know, it's not necessarily about being as productive as you can be for every second, but that is very, it's a draining activity. And we all kind of say, hey, I'm working, I'm working, but you're kind of flicking around, right? Are you working? Maybe a little bit,
Starting point is 00:10:35 maybe somewhat. What do you guys think about that? I'm curious. Man, I'm so terrible with my phone. I go in like spurts, you know, where I like shot off everything and uninstall everything, but I tend to come back on again. And they look at my hours, it's like, for you spent four hours and 55 minutes a day on your phone. I'm like, how is that my life? Like, I'm contemplated. I said this on a recent show. I'm contemplating, spending the entire year of 2022 with my phone plugged to my office and never taking it out. The downside is you lose, I lose my camera and I love my camera, but there's ways around that. And you lose connection with people. Yeah, but if it's my office, at least like I can, you know, when I'm in my office working on something, I can come in here.
Starting point is 00:11:10 It's just like, I won't sit in my office and scroll TikTok for three hours because that would be weird. Yeah. I don't know. Maybe if I'm out of podcasting, maybe I will sit in my office. Maybe in other ways to have two phones. I mean, I thought out of too. Yeah. And not everybody can do this, obviously. But you have, like, just a cheapo flip phone that you take around with you to communicate with friends, family, things like that. And then... Have I showed you my light phone? I have not seen it.
Starting point is 00:11:32 So I have a phone called the light phone. I think it's L-I-T, but it might be L-I-G-H-D. Light phone is like this phone that's like, you know the Kindle readers that are like the kind of like the black and white Kindle? Yeah, yeah. It's that same thing on a phone. So there's no color. It's just like that whatever. I don't know.
Starting point is 00:11:44 They have a name for it. And you can text, but it's like awkwardly texting, right? You can call. You can even do GPS now. I think they have Uber and that's about it. Then maybe you can put songs on there. That's it. And so like I got this phone.
Starting point is 00:11:55 It's like 20 bucks a month. It costs me a few hundred bucks to buy it. And then I haven't used it at all. But I've had it now for like nine months in my possession. And I thought about that. It's just it's lacking the camera. That's the only thing I worry about. What do you think about burnout, Dave?
Starting point is 00:12:07 I mean, you're burning it at all ends. I think I'd love to do a whole show with Josh just on this topic because my personal opinion is that as human beings, we have an incredible ability to lie to ourselves. And this shows up a lot of the time when we say, I'm working my butt off. I just never like when someone says it or I'm doing the best I can because that's rarely ever true. I think a lot of the time you see this with realtors. They show up at the office. They are in a chair looking at a computer, Googling things and answering emails, but that's not work.
Starting point is 00:12:38 They're not actually doing the activities that will get them to where they want to go, which is okay. It's not okay when you trick yourself into thinking that you are doing that. So there's people that are like, I'm working every day to get to financial freedom, but you're really not. You're looking at stuff on Zillow and you're half-heartedly sending emails to realtors and you're waiting for other people to try to basically intervene and get you to success. So I love what Josh said when you said, like, sometimes we're just scrolling through our phone and we're calling at work. And you go home at the end of the day and you tell yourself, I put in a day's work, but you didn't do any of the things that mattered. And then you feel like I'm robbing my family of time. And that's something Brandon's been really talked about it a lot, that his phone sort of takes away from family time.
Starting point is 00:13:17 And I just love that he's not lying to himself. We see this with the Fitbit thing when I was a cop. This was very popular. Cops would wear a Fitbit and say, I got my 10,000 steps and I did exercise. And I just remember, like, your heart never goes up when you're walking. And it's very easy to walk that. That is an exercise. Just say I didn't exercise.
Starting point is 00:13:35 It was tricky because you lie to yourself and you tell yourself, right? Like, at one point in my life, I did that where I'm eating healthy. I got a subway sandwich instead of a hamburger, right? Like, that was a lie that I told myself so I could feel better. And that's just, I like to try to eliminate those things that aren't true because then you're left with the reality. Maybe you aren't working towards your goal and you're still taking time away from your family. Right.
Starting point is 00:13:56 Exactly. I'm happy to do that, by the way, Dave, if you want to have me in and we can talk about it. Yeah. It'd be great. Yeah. So burnout. I mean, I think that's a big thing. I think some of the other stuff is really just making sure to to eat well.
Starting point is 00:14:10 It's something I've really started to focus on a lot is just eating way more healthfully to actually exercise. thus the hernia maybe, maybe not. I'm not sure where that came from actually. Well, I got to imagine, Josh, you got this amazing six-pack now from all this exercise. That puts a lot of torque on your, right? You like threw a supercharged engine into the car that you'd been driving this whole time. Of course you got a hernia. You got to take it easy there. Who knows? Josh is in the best shape of his life. Yeah, you look down in. Thank you. I am, I'm definitely in the best shape of my life at 45, which is crazy. And that's the point, right?
Starting point is 00:14:44 you don't have to wait until you retire to take care of yourself. You don't have to wait until, you know, and you don't have to go on through your life and say, hey, my peak was 20, right? You can continue to focus and work on these things, and I think everybody should. And really, I think the last and probably most important thing is the mindful part, definitely spent a lot of time, which I think is one of the biggest aids in dealing with the burnout. Is that mindfulness? Right. Today, everyone talks about meditation and things like that, but it's not necessarily, like, meditation is hard. I don't know if you guys have tried it. It's tough.
Starting point is 00:15:19 It's really hard. And I've spent a lot of time trying, and I'm not really very good at it. What I find, like, I find I'm most meditative if I'm sitting on a surfboard. Me too. Or if I'm skiing some really, really difficult hill or I'm just walking through the woods. To me, that's my mind for us. Jogging for me is like that, definitely. Yeah.
Starting point is 00:15:40 Yeah. Yeah. And so, like, what I would say to everyone listening is, what is it that you love? Because I found that in my peak grind, I forgot what I loved. I forgot everything that made me who I am. I forgot everything that actually made me happy outside of my family. And when I rediscovered that post, you know, stepping back from bigger pockets, I've started to find the joy again. I really started to find a glimmer in my eye.
Starting point is 00:16:07 The life came back. And so what is it that drives you? is it jogging around the neighborhood like Brandon says, getting on a bike? Is it going to your local river and rowing? Or is it going in the woods, hiking, you know, whatever it is, find that thing. But don't let your hustle. Don't let your grind. Don't let your thriving for success get in the way of that because you'll lose a part
Starting point is 00:16:31 of you and you'll look back and you'll certainly regret it. Well, let me ask you a question related to that then. This is something that applies now to me going forward in a large way. It did to you. And to a lot of people listen to this show, maybe they're thinking about quitting their job at some point or leaving a thing that has been such an integral part of their life for a long time. So I'm wondering about that connection with identity. Like you were a long time like right. Like you are bigger pockets.
Starting point is 00:16:52 Like Josh started bigger pockets, built it for a decade, I think before I even came into the picture. And then we built it together. And like you led that charge for so many years. And then it was over. Like you left it. How did you get through that shift and to find yourself on the other side? That was hard. That was really, really hard.
Starting point is 00:17:09 Interestingly, you know, I'll walk around now and people won't know who I am, which is really nice. I think stepping back from the limelight a little bit is kind of nice. It's something you and I talk about quite a bit. Yeah. I think it's hard, but for me, it was, you know, Bigger Pockets was always part of who I was from the very beginning. But I always was meticulous once I started to bring other people on that I didn't want the company to be Josh. Yeah. Josh is not the company. The company's not Josh. Brandon is not Bigger Pockets. Bigger Pockets is not Brandon. Dave is not Dave's company and the company's not Dave, right? And so, you know, from an outward perspective, that's super important for anybody who's building a business, particularly if you want to have the opportunity to step away and let the company go on and exist
Starting point is 00:17:54 without you. Yeah. Right. But in terms of just dealing with the mental component of it, that definitively took me, it took me at least a year to start to feel kind of chill about that. Like the first year, I was super uptight, super tense about it, always worrying about every little decision that was being made. And that was super challenging until realizing, like, it's almost like raising a child, right? You raise your kid. They get to a point where you've given them all the tools that they need, hopefully, to go on and live their life, right?
Starting point is 00:18:28 So I'd say the same was true with the company. I realized that my child had just graduated from high school, was off to college. and it had all the tools it needed to continue to grow and thrive. And you and Scott and Dave and the rest of the team have helped to bring it forth. And so I think knowing that and just trusting that it'll be okay regardless. And if it's not okay, look, you did your part, right? You did what you could. And now you have to figure out who you are and what's next.
Starting point is 00:18:59 And I will tell you, I mean, I am now three plus years post BP. I'm not necessarily struggling with stepping away from, I'm Josh from BP. I am struggling, however, with what is the next thing for me? Yeah. And I've occupied my time. I've made myself busy and I'm doing things. But I haven't found that next kind of passion play. Yeah.
Starting point is 00:19:25 You know, we're helping save the earth and giving to great causes and doing cool things. but I'm still not at a place where I'm like, oh, if I wanted to, I would love to put 80 hours, 100 hours a week into this. Nothing yet has jumped out to me. So I think if you have something for those people who are thinking about quitting a job, right, if you've got something that you're passionate about, you know, if you're thinking about quitting your job to go full time into real estate or whatever it is, I would say that will help you in dealing with that sense of loss?
Starting point is 00:20:02 Because I think it's a real sense of loss. It is, yeah. Yeah, very much so. Dave, what do you think about that? I mean, you left being a cop, right? Your identity was, like, you were a police officer for so long. Did that mess you up in any way, or do you feel like because you immediately latched on to real estate investing that it kind of lessened that?
Starting point is 00:20:19 He's still a cop. Look at him. I am so scared he's going to reach her the screen. No. I remember back, I'll let you answer your question. David. I remember just to pull back episode, what was it, 169. Is that you were on the first time, David? Yep, 169. And so we started that conversation with, I mean, David was the cop who bought a bunch of rentals. That's how this whole thing got it with you, the three of us. That was great.
Starting point is 00:20:43 Anyway, yeah, David, how did you feel like you navigated that? I think if I'm being completely honest and transparent, I would not have been able to leave being a cop if I wouldn't have been forming a new identity as, I was already a real estate investor, but now I'm someone who talks about it on other podcast, writes books about it, teaches people. Then I got my real estate license and I was sort of developed a new identity as an agent. And right around the time I was able to leave being a cop is the same time that my sales were taken off and I was the top agent in my office. Yeah. And I had a new identity. So I am very aware that many of our decisions are influence at a subconscious level by where we find our identity. And it is I wouldn't have just left cold
Starting point is 00:21:21 turkey. I wouldn't have been able to do that. I needed a new thing to sort of transfer over. And I think this is just a wise thing to bring up because many people are stuck in a life they don't like, but they can't jump off the lily pad they're on until they have like, well, what's my next lily pad? And their identity is such a piece of why they are on the one that they're on now. Yeah, I think what was interesting about your story, Josh, is like you had to leave in such a, in a quick thing, right? Like, you didn't have the next thing to jump to because your daughter, you know, went to that horrible experience, which we talked about that on an episode a long time ago, so we don't need to necessarily necessarily. You didn't have anything to jump to at the time. Right. And so that would be like, I mean, that would be a lot worse. I think, I think, like in my case, like, obviously open door capital, which, by the way, you heard it here first.
Starting point is 00:22:02 We're changing the name to ODC just playing because that big company Open Door, eventually they're going to yell at me to change my name. So even though I was first, it doesn't matter. I'm going to just change the name right now. We're changing to ODC, just simple three letters. But I had, I've been building that for last couple years. And so, again, it should help to jump to that. But again, if you're listening to show right now and you're like, I want to quit my job eventually getting to real estate full time, like plant those seeds now.
Starting point is 00:22:24 Get that new identity for me. And so when that job does end, whether by your choice or by the universe's choice, like, you've got a place to jump to. Yeah. I think one of the things I would not recommend to people is just bouncing. Right. Have a plan, particularly if, you know, your paycheck to paycheck or you don't have a large savings, right? You want to think about, hey, listen, I may be miserable in my job or it may not be who I am, but before you go, like, figure out who you are, figure out what it is that you really
Starting point is 00:22:54 love, what drives you, what is it that you're passionate about? Because that whole that will exist, like you don't want to start looking for that next sense of identity while you're also struggling to pay the bills, right? So as hard as it may be, you know, you definitely want to stay where you are, continue the cash coming into your pocket. But at least take your nights, take your weekends, take your lunch breaks, and think about it. And it's interesting because I have a lot of conversations with friends who are like, Josh, you know, I kind of hate my job. You know, I'm over it. I'm done. And I'm like, okay, look, you're successful. You're making a lot of money.
Starting point is 00:23:33 At least you recognize it. So what are you going to do about it? And most of them are too afraid to step down. You know, most of them are too worried about the outside impression. What other people think of them, oh, well, I was a doctor my whole life. Like, I can't step down from being a doctor to be something else. What would my mom think? And we're so trained through decades and decades of society telling us, like, we are the person
Starting point is 00:23:56 that we said we would be in high school going into college, post-college, right? And I think what's helpful for folks is to think of life and phases, right? You're allowed to have career changes. You're allowed to have studied to become a doctor, be a doctor for 10, 15, 20 years, and then go change and become, you know, a lawn guy. It doesn't matter. Like, find what it is that you love. And don't let outside constraints, outside society, or your perception of what, you're not. You know, your friends, your family, your community thinks, do what it is that matters to you. And, you know, of course, just do it when the timing is right. I remember Derek Sivers.
Starting point is 00:24:37 You know, Derek Sivers, he's like the say no unless it's a hell yes guy. Okay. So Derek Sivers once said something about like we oftentimes as entrepreneurs, we have so many ideas of things we want to be or things we want to build, right? And he said, look, if you're younger today, you're probably living to 100, right? If not significantly more because of all technology, which means, If you're 30 right now, you could have an entire life, like business career in your 30s. And then in your 40s have a completely different one. And then your 50s have a completely different one.
Starting point is 00:25:07 It's like you could have like 6, 7, 8, 9 full lives that we could, that 50 years ago, that was not a thing. Like you just have one career. But because of like living longer, we're healthier. We're like, even if we don't live to 150, we'll probably live to 100 and be healthier up to 95 versus living until 50. And you're already like, you know, in a home. Yeah. So it just, it was an interesting. Whenever I think that, it relieves a lot of the pressure.
Starting point is 00:25:29 So, like, I got to figure out my life right now. I got to stick with, you know, like, it's just, yeah, you can do a whole decade of something. Like, I did a whole decade of the Bigger Pockets podcast. And now it's like, all right, I have a new thing. Did you guys have this thing? Because, you know, for me, when I turned 29, 29 was probably the worst year of my life, barring all the drama and stuff that happened to my family, you know, like introspectively. Because at 29, I was pretty broke. I had this new company that, you know, was not making really any money at all. My friends didn't believe in my business. My family didn't necessarily like super support it because I was struggling so much. And I looked at all my friends and they were all making a lot of money. They all had a family and kids and things like that. Now, you know, I had a lovely wife at the point and things like that, but still a lovely wife, Ms. Julie. She's amazing. We love you, Julie. But that year was really, really hard because
Starting point is 00:26:24 I was comparing myself to everybody else. And so I know most of you guys listening have done that. I'm curious for you, Brandon, and you, Dave. What do you think? Did you guys go through that? And what was it that if you struggled with what I struggled with, helped you get through it? Yeah, I remember, this view brings up another point I wanted to bring up on this episode,
Starting point is 00:26:45 but I remember when I was 29, I was still crawling under houses, putting up insulation. I was still on a rough. Why do you guys make fun of me? I say rough. In a rural area? In a rural. So I was still doing a lot of my own work, a lot of my own labor. I mean, we had started the podcast by that point because I'm 36 now.
Starting point is 00:27:07 So we've been doing the podcast a couple years, but I was still doing a lot of the crappy work. Living in an area I didn't like where it rained all the time with like. And I remember thinking like the books promise a different life than what I felt that was living, right? Like the idea of real estate and financial freedom and wealth because it came so quickly. A right around I turned 30, 31, 32. And then the last three, four years, it's just been crazy. But yeah, I just remember thinking, like, this is not necessarily what, like, I thought financial freedom would be because, like, it was still a grind, you know?
Starting point is 00:27:34 And I don't know. I think I just didn't have the lessons learned on how to be a leader yet. And so I was still grinding away at stuff I didn't like and thought I had to do in order to survive. I mean, I was still editing the podcast, I think back then maybe even. Like, I mean, I did that for the first. That's why it's so much better now. I know. Great job, Dave.
Starting point is 00:27:49 Dave. Dave. Yeah, he's much better. We've had the same editor then for like, oh, seven years. That's crazy. I don't know. How about you, Dave? We got out at 29.
Starting point is 00:27:58 How did I deal with measuring myself to other people? Sure. Or did you go through that phase? Oh, I still am going through that, to be honest. I just was with Brandon the other day in Dallas. And he was talking with Brian Murray about the fun that they're running and the way that they're buying real estate. And I was telling him, I feel about this big right now because that's where I want to be.
Starting point is 00:28:17 And I'm not doing what you guys are doing. I'm doing other things. And so the emotions are like I didn't feel successful at all. I felt like I was underperforming. Like I had let fear dictate too many decisions to get to this point. And in that moment, it was like, what's the point of anything I'm doing? Now, that's also just an emotional state that I was in in that moment. You get out of that moment.
Starting point is 00:28:37 That goes away. You can feel good again. But I think for the people that are listening that are going through that, don't ever like deny that's happening or get in this point of pride where you don't want to admit that's the case. that is part of being a human being. When you see other people that aren't doing as well, your pride starts to feel good. And you're like, yes, that's right.
Starting point is 00:28:55 I'm doing better than them. And then you come across somebody else who's doing better than you and you feel really small. It's a practice, very probably similar to meditation like what you're trying to do, Josh, where you have to divorce yourself away from looking at someone else and saying, am I doing good or not? When you need to be looking at your own self and the vision you have for your own life and asking yourself if you're living the life that you want to be living. Yeah, agreed.
Starting point is 00:29:16 Have I ever talked about, you know, the idea that a friend of mine back in high school told me about looking back at your life from the perspective of on your own deathbed. Have we ever talked about that? So if we have, I'm sorry, somewhere in the 260 shows that I did, 283, whatever it was. But this was, I think, the best wisdom I've ever had, well, some of the best wisdom I've ever had. And it was, imagine yourself on your own deathbed, right? you're looking back at the life that you've lived and who's going to be with you your immediate family your closest to friends and that's it right now obviously those are not the only people in your life that are important but you want to have lived a life that was good for yourself but you know
Starting point is 00:30:03 being good to those people and taking care of those people as well and outside of that bubble of those people you know look everyone else matters right we have have to be good to other people. We can't just be jerks to other people. But at the end of the day, all the other chatter, all the other feedback, all the other opinions about who we are and what we are doesn't matter. And so like whether it's envy and seeing, you know, somebody being successful that you look at and you're like, oh man, I wish I could be there too. Like it's not a race. That goes back to that 29 thing for me. What I was doing was I was comparing myself to everyone else. And back then I felt really crappy.
Starting point is 00:30:46 And I felt like everyone was doing better than me. And then I have friends now who are looking at me and they're like, well, how'd you do it? I was like, well, you know, I quit my job. I took tons of risk. Did a lot of really scary things. And that's how I got to where I am today. And they're like, well, I don't have the Constitution to do that. And I was like, well, what do you have the Constitution to do, right?
Starting point is 00:31:08 Because we all have our own fears and strengths and things like that. So I think it's stop comparing yourself. Stop looking at Brandon and saying how he's doing and saying I want to be like Brandon. Stop looking at Dave and saying he's this amazing agent who's crushing it. I got to be like Dave. You don't have to be like Dave. You don't want to be like Dave. Like Dave doesn't want to be like Dave.
Starting point is 00:31:29 Brandon doesn't want to be like Brandon. Josh doesn't want to be like Josh, right? Like we got to find kind of that happiness. We've got to find back to my happiness thing, right? We've got to figure out like what is that sense of contentment, I think, with who we are and find a path that will get us to that deathbed where we can sit and look back and say, you know, I did it right. Because in 100 years and 200 years, your great-grandkids, your great, great-great-grandkids won't
Starting point is 00:31:54 know who the hell you are. You won't matter. None of us really will. Well, there's two points that I want to highlight from what you're saying there, Josh. The first is it is very easy to look at what someone else has and say, I want that. It just isn't wise. Like what I hear all the time is if I said, hey, do you guys want to look like the rock? Both of you would probably say, yes, I would not be.
Starting point is 00:32:11 mad if I look like the Rock. I could know what the Rock is cooking. That is right. That's about as far as we're getting into his world, because if you wanted the Rock's life, that means getting up at 4, 435 a.m. Working out harder than you've ever worked in your life every single day, regardless of how sore you are, what injuries you have, having to fly your weight sets with you when you go. He looks like he has freedom in a sense he does in another sense he's a slave. He's a slave to the recording schedules and the scripts that he has to practice and the businesses he's running. He's a slave to the shareholders and the clients that he is making things for. I'm obviously not putting the Rock down.
Starting point is 00:32:45 The man's incredibly successful, but he has traded some of the freedom that Josh is talking about for that. So a wiser perception is I don't want the Rock's body. I don't want to pay the price I would have to pay to have his body and the same could go for a lot of other things. The second point I want to make is I think Bigger Pockets is the only platform, at least that I've ever seen,
Starting point is 00:33:05 that teaches we want you to invest in real estate so that you can live life on your own terms, not we want you to invest in real estate so you can have a Ferrari and a yacht and a bunch of women in bikinis and this this private jet. All of these shallow type goals are what most gurus are projecting and waving in front of your face saying, yes, come pay for my program. This frequently, if you attend our webinars, if you listen to Josh's story or Brandon's story or my story, it's so that you can do life how you want to do it. Real estate is a tool to get you to that point, not a tool to build wealth that you may not even want once you get it.
Starting point is 00:33:40 Live life on your terms, right? Yeah. Yeah, I think that's even what I told you, Dave, when we were talking in Dallas. I just said, like, we just have to remember that we have to run our own race. Easier said than done. But two quick stories. First one, they're never quick. No, they're quick.
Starting point is 00:33:53 All right. First one, there's a guy back in like, I don't know, 17, 1800s. I think of 1800s who was like a munitions guy, like did like bombs and invented some really cool stuff for blowing a lot of people up and stuff, right? And so this guy goes to his whole life like that way. Well, then his brother dies. But the newspaper gets it wrong. Newspaper gets around and they think that this celebrity is the one who died. And so the article in the newspaper, like, you know, whatever, full page newspaper says,
Starting point is 00:34:17 the merchant of death is dead or something like that, right? He reads his own obituary, this guy does. And at that moment, he decides to change his entire life. And so this guy, Alfred Nobel, turns his whole life around and creates the Nobel Prize. Right? So it was looking at your life from like what you said, the obituary standpoint, which is a good practice to do, which is a right to your obituary. Have you done that?
Starting point is 00:34:36 I have. And I don't have your friends out here in Maui, one of the classes. we did a long time ago, and we made everybody right there on obituaries. It was fascinating. Anyway, second thing I'll say is this. There's a book called The Gap and the Gain. Have you read that one yet? I have not. I need to get you that book. It's probably the best book I read in 2021. The Gap and the Gain by Ben Hardy and Dan Sullivan. And they do this great practice in there. Here's the gap in the nutshell. You don't have to read it then. Our life is made up of there's the place we want to get to like the ideal version of anything, your body,
Starting point is 00:35:05 your relationships, your wealth, whatever. And then there are where you started, so zero. And then you are in the middle somewhere. And if all you focus on is what you lack between where you are and where you want to get to, that's called the gap. And the thing is, the gap always moves, right? I remember, remember when you were thinking when you're on targets, man? Moving targets, yeah. When we were younger, how amazing with $3,000 a month and cash flow been?
Starting point is 00:35:25 Like, we've been like, oh, my gosh, that's all I need. And it was like five. And it was like, that target always moves. It's lifestyle bloat, right? It's lifestyle. Yep. Income creed goes up. And it's in every area of our life.
Starting point is 00:35:35 There's always, like the rock is unhappy with how he looks, I'm sure, and a lot of times. Like, oh, look at that muscle twitch right there. like that thing, right? So if you're always making your happiness based on the gap, you're always going to be unhappy. So the book makes the point of making on the game, like, where have you come from? So in that, they make you do a practice. And I made a bunch of my friends last week when I was hanging out with them. Actually, we all sat down and did this. I said, where were you 10 years ago? Like, define your 10 years ago. And then you go, define your three years ago and define your one year ago. Like, where were you? And when I went
Starting point is 00:36:03 10 years ago, it's kind of the question you had about 29, but 10 years ago, I was, I had not met you yet. I think I just talked on the phone the first time to Josh. being freaked out. Like, the Josh Dorkin wants to talk to me about writing on the website. Like, because I was going to guess right for you. It was very intimidating. You were very intimidating. I was even before the podcast.
Starting point is 00:36:20 I never even heard you talk. I was like the godfather of real estate. And like I was doing all my own work in my properties. Like I was crawling under those houses. Like, like 10 years ago, I didn't have any kids. Like my net worth was probably negative. Like, it was like crazy what happened. So 10 years, like when you look back on that and you stop comparing to other people
Starting point is 00:36:39 and stop comparing to the gap, and you start comparing to where you've been. It's such a great, like, I would encourage everyone listening to it. Go take some time in nature, sit down and take a piece of paper, and just write down everything you've accomplished in the last 10 years. And you will walk away from that, just fired up and realizing, like, dang, like, I've run a long way in my race. Can I add to that?
Starting point is 00:36:57 I would say, that's amazing. But what I'll add to it is, I know for a fact that you, Brandon, are still looking at the gap. No, I'm always looking at it. And what I would say is, you know, you are in a position and you are at a place where that gap doesn't matter. Yeah. The gain is so far that, like, that ambition to close the gap with whatever it is, that number or whatever it is, is irrelevant. And in fact, I know there's a lot of people listening to the show who are Uber, Uber successful.
Starting point is 00:37:30 Yeah. Friends with a lot of these people, right? And what's fascinating to me, and, you know, we're all still trying to understand humanity. think that's who we are, right? That's what humans do is ponder this stuff. I mean, I know guys who are worth, how many figures is that? $100 million, nine figures, you know, eight and nine figures who still have to have more. Yep. Have to have more. I got to get more because I got to get more. And I can't judge them. And I'm not sure what it is that drives that. But I also know some of those folks who have massive holes in other parts of their lives that they're aware of.
Starting point is 00:38:07 And they'll continue to leave those holes in lieu of going for the money or the power or the fame or whatever it is. And what I would say is, you know, you get to this point. You're like, why are you doing that? Like, slow your role, man. You don't need to do that, right? Well, now we're getting into the deep stuff. And I think the simplest analogy to explain why we as.
Starting point is 00:38:30 I think specifically men, but women may do this too. I've just never been a woman, so I don't know what it's like to be in their head. The reason guys skip leg day is because it's harder and we all prefer to work out the thing that we're already good at, right? So if you have a body meant for running, you're always going to want to be like, yeah, let's go running. If I say, hey, do you want to go left weights? Yeah.
Starting point is 00:38:52 Right. If Brandon says, hey, David, do you want to go surfing? I'm like, oh, that sounds exhausting, right? I don't swim very much. I don't want to go do that. So I think the reason you can get to $100 billion in net worth and your marriage sucks, but you still want to go to work every day is because marriage is leg day. And it is so much easier to avoid the parts we don't like.
Starting point is 00:39:12 But like you're saying, Josh, like it doesn't make sense to continue working out your biceps when they're freakishly big and all the rest of you is in terrible shape. And you can't climb the stairs, right, unless you do it on your hands, like a monkey or something. Because all you have are these big biceps because you want everyone to see, yeah, like look at my muscle. but it's not giving you a good life. Just like a well-developed body is what's going to give you, you know, a better experience in life. And it's hard to have to face those things. So there's a really good practice for doing this.
Starting point is 00:39:38 It's maybe a little cliche if people have it. You've ever hired a performance coach before, but I still really like doing it. In fact, I did it last week. It's called the wheel of life. So the idea of being, imagine like a pie where we have all these slices. And then you each slice is an area of your life. So there's your fitness, your significant other, your family or your friends. there's your mental health, your growth.
Starting point is 00:40:00 So there's like nine areas of your life. And there's different wheels of life to have nine, eight, seven, whatever. And then what you do is you start in the center of the pie and you shade outward on each piece as to where you feel your strength is in that, like one out of ten, right? So if you feel like your fitness is that a three out of ten, you'd shave it a third of the way out on the pie. So at the time you're done with this whole wheel, you can see your entire life on like the perfect life. I mean, that would nobody can achieve would be a perfect circle, right? So you can see where the, you can see where the whole.
Starting point is 00:40:27 ebbs and flows. And so you can look at that and be like, wow, I feel really good on this area, but dang, I suck at this area. And it just is a really good awareness exercise. So I'll actually put my Wheel of Life, not my fill that one, but a blank one. I'll just throw up on the bigger pockets. Bigger pockets.com says wheel of life, W-H-E-E-L of life. And I'll just throw it there if you guys want to just print it off, download it, you know, whatever and do it on your own. It's a really good practice for knowing, you know, sometimes like when I did it last week, I went there thinking I was going to set some goals for business. I was going to set some goals for my finances. And I did this wheel of life.
Starting point is 00:40:57 I do like a whole day like goal setting for myself and some friends. And like we looked at it and I was like and I showed my buddies that were there. I'm like, I can't work on my business and my financial right now when my wheel looks like this. And so anyway, that's just what I would encourage people to do. Download a bigger pockets.com says wheel of life. There's no opt in or anything. Just go get it. And I think it'll help you.
Starting point is 00:41:15 That's great. I mean, I do something similar. It's not with a wheel. But I do like it because it's, it's a great visual representation of it. But I've got a book that I go through and it's got each of those sections. you know, I wrote this book and it's a journal and literally it's like, this is health, this is wealth, this is relationships with spouse, this is relationships with kids, this is relationships with friends, this is fitness, adventure, so on and so forth.
Starting point is 00:41:40 And then, you know, I rate each one and where am I at a certain point? What do I need to do? And I would encourage people to do that. And, you know, I think we heard it on here, or maybe it was somewhere else from somebody, but if you evaluate your life and let's say it's your relationship with your kids or your relationship with your spouse or your relationship with your friends or your hobbies, right? I mean, I'd say five years ago, my hobby was a zero, six years ago. It was a zero. Yeah. Four years ago, it was a zero, right? I mean, a zero. Yeah. I was a complete and utter
Starting point is 00:42:14 failure in that. I'd say most of you probably aren't a zero, but is it a five? Is it a six? Is it a seven? If it's a seven, you know, if it's a six, you're failing. right? Think about it. A six out of ten is failing. Yeah, that's a D. No, it's an F. Yeah. I guess, yeah. Crazy. So how do you break down your own life into different parts? Everyone's going to do it their own way. Wealth, health, you name it, fitness, love, whatever it is, happiness, right? And be honest with yourself. If you're getting sixes or below in anything, that's probably the thing you should be focused on now. Yeah, that's really good, man. kinds of real estate investors, those who have reviewed their insurance, and those who think that they have.
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Starting point is 00:46:04 Here's a question for both of you. This is a question I posed to myself last week and talked about it with the same buddies that we're just kind of do like a goal setting day. And the question is, do you want to, in 2022, so answer this question, in 2022, I want to be a better blank. So I want to be a better blank. So I kind of started my like goal thinking with that question. So I'll let you think on that for a second. So I won't spring you at it live. But David, due to. In 2022, I want to be a better blank. Then the second question was why. And the third question is at the end of the year, you're pulled in front of a jury and a judge and you have to prove,
Starting point is 00:46:38 you know, using evidence that you accomplish that goal of being a better blank. What evidence can you point to that you accomplish that? And so for me, I said, I want to be of all. And so, for me, I said, I want to be of all the things, I want to be a better friend to my wife. I said that. Like, I feel like we've had a great marriage, but with kids, it's hard to maintain the friendship to the same level, right? So I said, you know, this year, I'm going to focus on that. And I said, what evidence would I have?
Starting point is 00:47:01 You know, why? Obviously, there's an obvious why there. But then the evidence I pointed to was like, look, if I can say I did a night every quarter at a hotel without the kids and we took a vacation without the kids this year. And we did a date night at least 50 times throughout the year. And we raided our happiness on a regular basis, like once a month. And we said, where are we at? at the end of the year, if I brought that in front of a jury, I could say, yeah, look, this is the evidence. I did it.
Starting point is 00:47:22 So, Josh, 2022, you want to be a better what? Dancer. All right. Moving on. I do want to be a better dancer. Okay. All right. Because I'm terrible.
Starting point is 00:47:37 I can help you with that. No, you can't. I'm a zero. You're a negative. I don't know. Josh, I swear, you contribute more to the conspiracy theory that you, You are Adam Levine every single time. It's like you just can't help yourself but fuel that fire.
Starting point is 00:47:54 Dancing. Yeah, you know, Maroon 5 does good music, but our stage presence isn't quite where I wanted to be. Go Google the lead singer of Maroon 5 and tell me if it's not. It looks Josh Dorkins. Birds are not real. Yeah. Yeah, I love that good. Have you seen the Birds are Not Real thing?
Starting point is 00:48:12 New York Times just did a giant right-up. I can't figure out if it was a joke. It was a joke. Oh, was it really? Yeah, yeah, yeah. So the New York Times just did a giant write-up on it. This guy started this conspiracy that birds were not real. It was to laugh at the absurdity of all the conspiracy theories out there, including that I am Adam Levine.
Starting point is 00:48:32 Yeah. Although, you know, he was sexiest man on Earth at one point. I think I was at one point also sex. Yeah, I mean, you know, your body can't handle its own sexiness. It's literally creating hernia is trying to deal with the torque that you're putting on it. David, in 2022, you want to be a better what? Jiu-jitsu practitioner, friend, and leader. Ooh, look at that.
Starting point is 00:48:56 He got three of them. Wow. Now, why do you want to be better of those three? In order to be better at jujitsu, I have to, I'm trying to say this. Roll around with more guys with less toes on me. Exactly right. Get more male sweat on my body than I can produce myself. No, the problem, one of the things I found in my life is that in real estate and the
Starting point is 00:49:16 areas that I'm typically spending most of my time. I'm this quote unquote black belt. Everyone looks up to me. Everybody wants my approval. Everyone says, oh, David can handle anything. And I needed to get around people that were way better than me that I could learn from and I could be humbled. I find I am most happiest in life when I'm most humble. It is a constant battle with finding success and then getting maybe not prideful all the time, but just you're not dependent on anything. And it's very difficult to stay grounded. But when I'm humble, I recognize every little good thing that comes my way and it actually makes me feel good instead of just expecting it should happen. So, jiu-jitsu, a prerequisite to getting better is humility and that journey will humble you
Starting point is 00:49:57 whether you like it or not. So that's, if I can get that right, everything else in life should be better. I want to be a better friend just for obvious reasons. It forces me to put others before myself and it forces me to love every day instead of just work every day. I'm okay working every day. If it's in a direction I want to go, but ultimately I want to be a human being that loves better, which means you got to fight yourself all the time. And then leader, because if I can lead the people that are around me, I can help them get on the same path that I'm on as well. So I can exemplify these traits of humility and love and putting other people first and striving to be the best that I can be. And that will create a community of people who have those same values that are around me.
Starting point is 00:50:33 And then life's just better when you're living around people that you like. Wow. That was good answer. You can top that? I mean, I'm just thinking about him rolling around with you doing jiu-jitsu. I mean, I've seen this before and it's not a pretty picture. It's not a pretty picture. It's really good, man. You guys wear those tight pants and, you know, I don't know. It looks like a water buffalo and an anaconda locked in Mortal Kombat. It's ugly.
Starting point is 00:50:57 It is so... Yeah, it's beautiful. While we're on the topic, let me pull us back in here. On a topic, it's going to help up people listening to this or watching us right now. Let's be serious. Here we are at the end of the year. Yes. Which means this is goal-setting time.
Starting point is 00:51:10 Everyone knows that by January's New Year's resolutions. Oh, yeah. What do you believe about? resolutions and about goals. What's kind of your mindset currently around them? And what advice you have for people on that front? I think resolutions are bullshit. Okay. I mean, like, be honest with yourself. How many of you have come up with resolutions and followed through with them? Most people don't. Yeah, 92%. I heard the number of don't. Yeah. Yeah. So, you know, I instead do what I talked about. I've got this book and it's, I'm always making goals,
Starting point is 00:51:41 right and so in this book and this all for me it all came from the man who sold his Ferrari monk who sold his Ferrari yeah that book kind of inspired me to to make this little black book that I've got that breaks down each phase of my life and so you know it's literally just constantly reviewing that book the book is on my bedside table I open it up I look at it in the mornings most of the time yeah when I'm on I look at it all the time when I'm off maybe a couple weeks Do you find your life better when you're on? Oh, yeah, of course. Because that book tells me, like, hey, Josh, I said a fitness goal of, you know, like, for example, one of the things in mine is I want to run a triathlon.
Starting point is 00:52:24 Before I run a triathlon, I need to get to a marathon. Before I get to a marathon, I want to do a 10K. Before I do a 10K, it's a 5K and so on and so forth. And each of those is a sub-goal of the triathlon. And as I get through to each one, I exit out. and so I'll write micro goals within each one. And the reason I want to do that is just because it's something I always thought would be cool and I always wanted to do. But if I were to go, you know, December 31st and say, oh, next year I'm going to run a triathlon, it's not going to happen, right?
Starting point is 00:52:54 I know that in order to get to that triathlon, I've got to knock out all these other things. And I have to constantly remind myself because squirrel, right, Dave? Yeah. You know, I mean, it's just shiny object syndrome, right? we're all distracted, particularly with our stupid phones. And so if you've got a system, my system is to have a book, I look at the book in it, I've got all the things, again, I have finances, I have health, I have dietary, I have food, well, that's dietary, I have health, I have love, I have friendship, all those things are on it,
Starting point is 00:53:30 hobbies, and the system works for me, right? I go back to it, I look at it. You know, Brandon, you've got this great system that you and Heather, do every year. It's kind of similar. You guys will write down what it is that you want to accomplish in various areas for the next year. You look at it, you go back, you review it regularly. Dave, knowing you, I know you have your own system. So for me, I think it's BS. I think resolutions, you know, like why wait till December 31st? If you're eating like crap and you're not taking care of yourself and you're fooling yourself to say, hey, on January 1st, I'm going to change my diet,
Starting point is 00:54:05 you're never going to do it. Do it tomorrow. Do it today. Yeah. Why wait? Yeah. How many times do we just like the end of the year? People just eat like crap for the whole month because they're going to start on like you already, you already lost. Like you already lost the battle. Because the thing with goals, I once heard this quote, I don't know who said it, but it was basically like the point of a goal is not to achieve the goal. It's to become the kind of person who could achieve the goal, right? So it's like if you're just looking for a diet or some hack or some thing and you're going to start then later on later on, you've already kind of put that in a box is like something that's not who you are.
Starting point is 00:54:34 That's someone who you're going to pretend to be for a short time and then you're not back to who you really are. So I want to become, we've said this before, David, right? Like, we want to be the kind of person who wouldn't even think about eating ice cream after dinner. That's not even a problem. Like, it's not even a question. Like, of course I wouldn't eat that. Why would you eat ice cream after dinner? That's weird, right?
Starting point is 00:54:49 I want to be that guy. I want to change my identity around certain areas of my life, like, not just hit some goal because the goal itself is worthless. Now, I do the idea of starting out. You said, some vision. Like, where do you want to be? And then working backwards to, if I want to be a triathlon runner, I work backwards, this year I'm going to do this.
Starting point is 00:55:03 But then yearly goals are generally terrible anyway. So you break down to quarterly, right? what am I going to focus on this quarter? That can be broken on a weekly. That can be broken on daily and that can be broken down to the individual habits that are going to get you there. There's a great book. Author's name is BJ Fogg. He actually lives here in Maui. It's called Tiny Habits. Yeah. Tiny Habits. Which I've not read yet, but yeah. And it's all about habits stacking. Yeah. So it's literal things like if you want to, let's say you want to do 10 pushups in a day, right? Every day I want to do 10 pushups just because I know that's going to build up my arm strength.
Starting point is 00:55:36 It's me working towards some metric of success that I want. So you stack that 10 pushups, and I'm probably butchering it, but that's okay, with what is one thing that you do every day, right? Well, I brush my teeth every day, right? So why don't I stack it on top of brushing my teeth every day? Yeah, yeah. So put a little post-it next to your toothbrush that says do 10 push-ups, right? Or put it literally on the toothbrush, do 10 push-ups before you brush, right?
Starting point is 00:56:05 So drop it done in there. Do your 10 pushups and then brush your teeth. And now you're stacking. You're associating brushing your teeth with the 10 pushups. And little by little, if you do that regularly over, you know, the course of a few weeks, that'll become a habit, right? And then you can stack on top of that habit the next thing. So hopefully it didn't butcher it, but that's kind of the idea of the habit stacking.
Starting point is 00:56:27 Well, reminds me of that quote. They say Aristotle said it, but he didn't. I looked it up once. But it's like, we are what we repeatedly do. Excellence, therefore, is a habit. and I always love that quote. Again, nobody really knows who actually said that. It was finished. It might have been you originally.
Starting point is 00:56:41 We're going to go with that. Well, Brandon, we'll take credit for the quote. We know that would be the case. Regardless of who said it, it will go down. I've got a great quote. So I didn't admit that one. No, but I'm such a big believer that, like, people set resolutions and they set goals, but what I think they should really be thinking on is habits, exactly that.
Starting point is 00:56:59 Because the habits are what turn you into the kind of person. And even more than that, one thing I've been reflecting on a lot lately is what I'm calling not a lead habit because I don't have a better name for it than that. But here's an example. Let's say you look at your whole life on the wheel of life and you're like, here's the three, four areas I want to focus on. Then if you were to sit down and brainstorm 20 things for each that would actually help you accomplish that goal, right?
Starting point is 00:57:19 Or that improvement in your life. There are certain things that apply across multiple areas of your life. I'll give an example. Staying up late on your phone scrolling, right? By doing that, it affects your fitness because you're not going to get up early and go run. It affects your relationship because you're not hanging out with your wife. for your husband, right? It affects your sleep, the number of hours you get,
Starting point is 00:57:38 which affects your grumpiness and it's in your happiness. It affects so many areas. So what I've been thinking a lot lately is what are those three, four, five, like, habits that apply across the board, lead habits that will lead to the life you want to lead. And I'm going to focus on those. I'm going to track them meticulously. I've been tracking my habits for a long time, but now I'm like really, what are those key habits that I really want to focus on?
Starting point is 00:57:59 And again, phone at night is a big one for me. Everything in my life is better when I do that. When I journal in the morning, like I just said, The days that I'm on, when I do that morning reflection time, when I do the miracle morning kind of thing, everything in my life is better. So it reminds me a little, like, you know, the one thing, Gary Keller and the Jake I was going to say it's tackling those things that you tend to avoid, right? The things that are harder, the things that are more difficult, you know, if you're building your business, you know, everybody wants to go and make their business card first, right? But they're not spending the time doing the difficult work that's actually going to help them improve their business. And we all do it, right?
Starting point is 00:58:32 We're all inclined to go and jump on email because emails is the kind of brainless mostly and you just respond to stuff. So what are the hard things in your life in each phase of your life? And obviously this is a business show, but what are the hard things in your business that you've got to tackle that makes everything else kind of irrelevant? You know, for you, the phone thing's really easy, by the way. Don't bring phone in your bedroom. I know. I mean, like, don't put a charger in your bedroom. Charge it on the kitchen table or somewhere else.
Starting point is 00:59:02 and just don't bring it in. I was doing that. And then when I stopped, like, we go to bed now before 10 o'clock almost every night now, which is game changing because now I'm getting more sleep. I'm feeling better when I wake up. Everything kind of all goes together. So is it getting fit?
Starting point is 00:59:17 Well, if it's getting fit, stop drinking soda, stop drinking juices, you know, just move to complete water, right? That's an easy first step. It may not be that easy for some people. But, you know, there's just little things that you can do that are actually really big steps towards getting you towards that goal. That's a great point. Yeah. It reminds me of Tim Ferriss's question of what if it was easy.
Starting point is 00:59:39 Yeah. Like asking my question, what if it were easy makes you think? Like, okay, what are the easy things I can do? Like plugging the phone in the other room. Or I was sitting with Ryan Murdoch the other day. It was one of my partners, you know, at ODC, and we're chatting about how both of us have that like, we'll just scroll for hours. I'm like, well, there's a timer on your phone.
Starting point is 00:59:53 You can set a timer on how long you use social media, right? But what do I do? I just turn it off every time. And I was like, I've even had my wife set the code. So after 20 minutes of social media, off. But then what happens is I'm like, hey, I need to post something, honey. Can you unblock it for me? And then it's off. And then I'm back into the right. So I was like, well, Ryan, what if we just traded? Like you set my password. I set yours. And we just like, yeah, it's a thousand bucks to
Starting point is 01:00:13 buy your way out of a code. Like, $1,000, Ryan will put the code in. And like, all of a sudden you just get some self-control. I don't have any self-control. I mean, I literally put the phone in the other room. And then I've tried that. But after like a week, I, like, lose that motivation. And it's back in my room again. So when it's back in your room, you get like a, you get like accountability buddy. That's what it is. It could be your wife. It could be me. I'll call you and I'll harass you. It's like, where's your phone? Yeah. I'm holding it. Well, stop calling me. Yeah. That's actually why I'm such a big believer in this idea of like accountability groups. Like they did this study years ago. A Dominican University did a study on like what
Starting point is 01:00:47 makes people actually achieve their goals. And I told it that like two years ago, three years ago at BPCon. But like the different levels with basically like if you like have a goal, your chance of accomplishment's like 30%. If you have a goal and like you write it down, it's like 40. And if you have a goal, write it down and tell someone. somebody, it's like 60. Anyway, it ended up being like all up to like 90% was basically, you have a goal, you write it down, you tell someone and you meet weekly with them. Like when you do those steps and you meet regularly with somebody who holds you to that goal, like amazing things can be accomplished. This is why we have the intention journal.
Starting point is 01:01:18 This isn't meant to be a sales pitch, but like we have this intention journal of bigger pockets. And when you get the journals like 40 bucks, it's 90 days. You actually, it gives you instructions on the first page on how to join like bigger pockets will help put you in a group of other people who are also doing the journal at the same time. So you can have those meetings, whether it's weekly or every other week, to join together. I just, I found most areas of mass shifts in my life have been when I'm in some kind of group like that because all of a sudden I have people hold me accountable. So yeah, if you're talking with self-control, like I constantly do, like I just don't have
Starting point is 01:01:50 willpower. Yeah, that's why Dave calls me every week. And that's why we finally reached your goal. Brandon, stepping down. You're working towards us. I mean, this is four years now. This is, you know, this has worked out. I can retire as your accountability partner.
Starting point is 01:02:06 That's funny. It's kind of like that. That actually kind of reminds me of the way we got David on the podcast. Have we ever told that story publicly, David? No, no, that we need to. I don't think we should. I think we're good. I think what's important is that Josh left and I filled his seat and now you're leaving and I'm filling your seat.
Starting point is 01:02:20 That's what really meant it. When we wanted, when I wanted David on the show, we just made sure that people were vocal about liking David. We just asked everyone to, if they like David, to, let social media know. It's all of social media was full of really positive, uh, responsible David. It was all it was all. It was all. It was no. It was just a intentional. Look, there was a flood of water that was stopping at the Brandon gate. And I just opened it up in the gate. And we let it go to where it could be seen. No. So let's let's flip this. Dave. Brandon's about to step down. All right. This is, this is it. What do you think? Are you ready, ready to take charge forth in the next phase here?
Starting point is 01:02:59 Brandon, you know, what do you say to those people who are like, oh, man, this sucks. Brandon's leaving. Oh, man. You know, what's it going to be like? What do you guys, you know, want to say to folks? Because what I would say really quick is BP is really good at putting together fantastic people who have amazing knowledge and who are there to help inspire and guide you. And, you know, when I stepped down, Dave, you stepped in and Brandon, you took charge and together, you guys were incredible. And, you know, there wasn't a blip, right? And I'd say the same thing, whomever comes in and steps into fill the void, it's going to be amazing. And so, you know, I encourage people to not to be sad that Brandon's going, not to be sad
Starting point is 01:03:41 for Brandon, but to be excited for him on his journey and to look forward to the next phase here. What do you guys want to add? Anything you want to say first, Brandon? I'll just piggyback on what Josh said is that, you know, like when Regis and Kathy Lee, right, we're on the morning show, whatever show, today's show, right? Or not even today. I don't know what a show live, live, right? with Reggie and Kathy Lee. Then Kathy Lee left.
Starting point is 01:04:00 Regis and Kelly. Then Regis left, and it was Kelly and Michael. And then Michael left and it was Kelly and now Ryan. The fact that you know all these hosts in the water. I've watched this show for a long time. Actually, little known fact is when you and I built the Bigger Pockets podcast nine and a half, 10 years ago now, I was watching that show every single morning. Like my wife had had it had around every single day. So like while I was getting ready, it was on, right? So we built a lot of what the podcast became, like the segments were because I watched them have
Starting point is 01:04:28 segments that people would respond to. And so the famous four and the quick tip and all that was because I saw what live with at the time it was, I think was Regis and Kelly were doing. Anyway, that said, every time the transition happened on that show, people are like, yeah, Michael sucks or like, you know, Kelly sucks. And like, it takes a little while to rebuild the relationship you have with the podcast host. So I just encourage you, like, take time.
Starting point is 01:04:52 Like, don't give up if you're like, oh, I don't really like the, you know, we're going to try out a bunch of different people. We'll play with the idea. We'll have a lot of hosts come in. give it time. Be patient. Don't give up on it. You will build a relationship. It'll be somebody who brings a lot more life into the podcast than I bring, and it'll be amazing. So be patient. Dave is going to crush it. And whoever ends up coming in the future will crush it. And before Dave, you jump in, I just want to say, even just sitting here today, listening to the three of us talk, hearing myself, hearing Brandon, hearing you, Dave, it gives me great hope hearing you, particularly, obviously, because I think you've got it.
Starting point is 01:05:26 You are ready, man, and to take lead, to take charge. And I don't know, man. You know, I get emotional. Like, it makes me feel really, really good because, like, I have a thousand percent confidence that, you know, it's going to do great. To use the analogy you was earlier, it's like you stepped away and you had a kid at graduate high school. You're a grandparent now. That's what it is. It's like your kid.
Starting point is 01:05:46 Oh, my baby boy. All right, David. What do you want to say to people? That's very nice of you guys to say. I was not expecting that. Thank you for that. The first thing I would say is, I think. there's a contingent of people that are going to miss Brandon for a specific reason because he played a
Starting point is 01:06:02 specific role. And frankly, Brandon and I had very good chemistry. It's one of the reasons the show went good is we are real friends. We're not just show friends. And that comes across. Which is why I work to Josh and I too. Same thing. Yes. People can. That's exactly right. And we think about that as we're trying to figure out like who the next co-host could be. It's also like, do we bring supplemental strengths to each other? Brandon has a lot to do with my development. I take his advice very seriously and Brandon has a big heart and will say, hey, you should do this more. You're really good here. Or why don't you mold this or take the edge off of that? So his influence will still be present even though Brandon isn't present on the show. I'll also say that with this format,
Starting point is 01:06:43 it was largely, you know, Brandon's influence that would dominate the majority of the show. And then I would come in and kind of provide color commentary. So sometimes I would have to force my way into the show or I would have to make a point a little longer than I wanted just to get on the microphone at all, right? Which is not a problem. When you're playing with Michael Jordan, you give the guy the damn ball. I was fine with that. But people should expect, as I'm moving into the host role, I won't have to do that as much. And so it will be like, the criticism that we typically get is, hey, David's talking over the guests. But then at the same time, we'll hear people say, well, David never talks. So I had to kind of pick like, where are you going to jump in. So that won't be
Starting point is 01:07:22 the case anymore. We won't have to worry about that element. And, So if you're one of those people that's like, oh, it's going to be David talking the whole time. Definitely not. The solo shows I'm already doing without Brandon, the guest talks more. Brandon is very good when it comes to, I don't, he can see things from the eyes of like the layperson at a very high level. He'll notice something in my background that doesn't look right. Man, I can get so laser focused on what I'm doing that I don't even notice that there is a background, right? So he helps me out a lot in those ways.
Starting point is 01:07:50 And then the last piece I'll say is when Brandon said, hey, David, I'm going to be leaving. We anticipated this is going to suck. There's going to be a lot of people that are not happy. So rather than getting defensive and just curling in a ball and saying, I hope it goes okay, we've actually taken the offensive. We're putting together a lot of different show formats. We're going to be providing more content in different ways
Starting point is 01:08:09 outside of just the tried and true. Guest comes on, guest tells story. So if you're a person who listens to those shows to get the nuggets of information that will help you on your journey, you won't have to look for them anymore. We're going to have show formats where we're just pushing nuggets out there for everyone to see. So what they can expect is for bigger pockets to take this opportunity to make the show better, not just different, although it will be different.
Starting point is 01:08:32 It's also going to be better. That's awesome. That's very exciting. Very, very exciting. I think people have a lot to look forward to. And 10 years later, man, I mean, look at what we did. I know. A little baby's all grown up.
Starting point is 01:08:43 You should be proud. A little baby's all grown up, but it's still bald. A little chubby. Still got babies back. Oh, there we go. now we know what my 2020 goals need to be so that when Josh comes back in 2023 you can't say that. I will say this. I would take
Starting point is 01:08:59 the GoBundance event with David here in Dallas a couple weeks ago and every single person when they walk up to David goes, dang David you're looking good. Everybody just kept saying this. I don't know what you've been doing David if it's just jujitsu, but man, you're killing it. I know what Josh is going to say is going to say, well, you set the bar so low that it's easy to exceed it every time
Starting point is 01:09:15 someone sees them. It hurts. All right, well, we've got to get out of here. So I thought maybe we'd close this up with one last Famous for That was really good I hope they don't put the sound in there The sound clip that was a good
Starting point is 01:09:31 End of an era So last question of the last section Here is Famous Force So what we all just throw out Our answers on And maybe not favorite book But what's a real estate book That made an impact on your life
Starting point is 01:09:42 Josh It's been a while You better say one of mine How to invest in real estate by Josh To work Brandon Turner It made a great impact In my life
Starting point is 01:09:51 All right I mean, I think for me, real estate book, it would have to be richest man in Babylon. I thought you'd say that. Yeah. It's a great book. Yeah. I still revisit that from time of time. I just reread it.
Starting point is 01:10:03 Did you? Yeah. So good. It's great. It's amazing how you can read that book a hundred times and it never gets old. I mean, it gets confusing. There's always something relevant. The language is hard, but it's, I mean, the story is fantastic.
Starting point is 01:10:15 Yeah. David, what about you? What's a real estate book that made impact on you? Well, I don't, Josh mentioned the only book I would say. when I was on the podcast the first time, that was the book that I mentioned. So here's what I'm going to say. It's going to be long-distance real estate investing, but not because I read it. It was because writing that book forced me to develop the ability to take a thought or a concept and articulate it in a way that other people could understand, which ultimately led to my
Starting point is 01:10:40 career going down this road of becoming a real estate educator. If bigger pockets would never have given me the opportunity to write that book, I would have never been forced to figure out how do I get what's in my head and make it digestible so other people can understand it. There's a lot of brilliant people in the world, but they can't communicate their brilliance. And so they're kind of useless to the masses. So writing that book really, really helped get me in the position where I am today. And it changed my life in that way. So thank you, BP publishing. There you go. So I'm going to say a book, obviously rich debt porta was what I said when I was interviewed back on the show like 92. I think it was. A rich debt porta was huge. But there's another book called
Starting point is 01:11:16 A Million Bucks by 30 by Alan Corey was amazing. Investing in duplexes, tri-bugs, and quads from Larry Lofstice was a huge impact on me. So those are a few real estate books that were, you know, crushing it in apartments and commercial real estate from Brian Murray. It was a huge influence in me getting into the bigger game. But let me ask the alternate question. So when we have our non-real estate guests on Sundays now, we asked the question, instead of the real estate book, we say, what are the current habit or trait you're
Starting point is 01:11:39 trying to improve in your life right now? Dave? Yeah, who wants to go first? Current habit or trait, something you're trying to improve on. I have two that I'm wrestling with really hard. The first is getting out of a, I don't know the word for it, but it's like a hunting mindset where every day I'm showing up with this edge and I'm like put something in front of me, knock it over, get on to the next thing. I'm just in like this conquer stage. And I'm trying like I needed that to get to this point in my career. I don't still need that now. Now I'm trying to move more into a connecting stage where I can be patient. I can let things unfold and many times the problem will solve itself before I have to intervene. And more importantly, when I'm dealing with other people, helping them to let them solve their own problem instead of when I'm in hunter mode, I just want to get and solve the problem and move on to the next thing. So that is a daily struggle as I'm trying
Starting point is 01:12:26 to build that as a habit. If something comes to me instead of just bam, how do I smash through it? Let's let the other person who's struggling with this kind of work their way through that problem so they can grow. And then the other one is really simple. It's just making time to exercise every single day. It does a ton for my mood. It does a ton for a lot of other areas of my life. I will always not have a hard time working or solving problems, but creating exercise as a priority is another habit I'm trying to build, which is why, like you said, I'm looking different because I'm just the last probably four months or so I made that a priority. That's awesome. What was the question? Dave just kept talking.
Starting point is 01:13:04 That's what he does. It's crazy. Habit or trait that you're trying to work on. I'll give mine and then you can have more time of thing. Sleep. Simple. I'm trying to get more sleep. I just ordered the aura ring yesterday.
Starting point is 01:13:15 So you have that, right? I do. Yeah. So, does that help? It did not. All right. I love to return mine. So let's be, well, you finish your thing and I'll just explain.
Starting point is 01:13:25 I want to sleep more. I think I'm averaging about six and a half, seven hours a night on average. I would like to get that up to eight. Yeah. Give your kids away for adoption. Problem solved. So if you put your phone away and don't bring it into the bedroom, you still solve that problem. See, it's a, it's a trait that happened that go across all your area.
Starting point is 01:13:41 So the reason the aura ring did not work for me is because, because. is I'm so hyper-focused on data. And so if I see a blip where like, oh, I only slept six hours, I start getting in my head the next night. I'm like, oh, I better sleep more than six hours. Now you create pressure and tension on yourself. At least that's what I do. And so I realized when I got rid of my aura ring,
Starting point is 01:14:05 when I stopped wearing it, I was much more relaxed. And I took some of the habits that I had, because sleep is probably one of my number one or number two answers right here. And the way I get there is we get the kids to bed. We'll bust out the iPad. We'll watch a half hour show. It's usually a cartoon. It's usually something light. We don't ever watch
Starting point is 01:14:25 anything heavy in bed, anything like controversial or you know, anxiety. It's usually a family guy, American dad, or Simpsons. And we'll watch an episode and we'll either fall asleep in the middle of the episode or we'll shut the iPad after that's over and then go to sleep by
Starting point is 01:14:41 9.30 on a typical day. I still may have some wakeups for whatever reason the dog's something else. But that has helped. So sleep would be my, I'd say it's probably one of my top two answers. Have you read breath by the way, James Nestor's book? Phenomenal book. And that's such a good book.
Starting point is 01:14:57 I love it. Man, I'm like three quarters done. I'm just like, this book just, like I'm always thinking about it anyway. And on that, if you guys are looking for, you know, this show was about transition, right? the show is about phase change. It's about mindset. One of the things that I did because I was struggling to figure out what that next phase was I started to dive into these health books, particularly because I did have some health things that I and my family went through. And so I've read a lot of books on health. I'm not an expert on health. However, I'm becoming an expert on my
Starting point is 01:15:32 own health. But I would definitely encourage people if you have not taken the time to go and read a book on health, wellness, mindfulness, exercise, even if it's not a how-to, even if it's like a fictional story like, born to run, a book about, yeah, you read that. So I think it gets your mind attuned to like, you know what, I really need to make this part of my life. Yeah, we'll read 100 business and productivity books,
Starting point is 01:15:59 but when's the lot of time you read a book on improving your health or marriage or parenthood, like, like, I struggle with that. Like, I just want to read books and make me rich versus... And I stop reading those books. I focus on the health books, the mindset books, and I'm like on to fiction finally again, which is great. That's cool, man. Anyway.
Starting point is 01:16:17 All right. Next question. Business book that's made a big influence on your life, the biggest influence on your life. Once you go first, this time. Or I'm going to say a current favorite. This maybe isn't like the best of all time. But I'm going to say a book called 4,000 weeks time management for mortals has made a dramatic impact on my life this year, along with another one very closely related on topic,
Starting point is 01:16:35 which is called the ruthless elimination of hurry. They're both very much on like slowing down and thinking differently about your days. So yeah, Ruth was Elimination to Hurry by a guy named John Mark Comer and then 4,000 weeks. I don't remember who wrote that, but that one's so cool. I got to get you to read that one. You'll love it. It's just like a different way. It's like rather than thinking like here's how to get to inbox zero, it's more like a psychological, like why do you feel the need to get to inbox zero?
Starting point is 01:16:59 So it's very much more like, let's pull back and have a different look at time management than most books. So that one and the gap of the game. we're both like three impactful ones. All right, David, what about you? I really like the Cal Newport book so good they can't ignore you. To sum it up, it's all about we all want things and the same things in life. We want financial freedom. We want wealth.
Starting point is 01:17:18 We want health. Well, there is a current trend in the world that we feel entitled to this. And so other people should be giving it to us. And he gives examples in that book of someone who started a blog and said, I want to travel the world and blog about my experiences and all my followers can then support me in my goal. and I can get my dreams off of the backs of the people that are following, and he realized nobody cared about what I was doing, as opposed to get so good at what you're doing that you become incredibly valuable, and then you can name your price at whatever it is, and you can
Starting point is 01:17:49 have the life you want. And what I love about it is, well, A, it's empowering, but B, it forces me to become successful by providing value to the world, whether that's your employer, your business, the relationship you're in with somebody else. It is a healthier way to look at life than feeling like I'm entitled to have a great marriage, and so I shouldn't have to work at it. And I just, when I read that book, man, it was, it just hit right the perfect chord. And I knew like that's, like I'm giving myself full permission to go that way.
Starting point is 01:18:16 All right. I like that a lot. Business book. Wow. Look at those eyes. Unbelievable. So blue. So hairy.
Starting point is 01:18:25 It's very, mom. It's great. It's very. All right. Business book. It's weighing a name. The monk? You know, in the last, I'd say in the last two or three years, I don't think I've picked up a business book.
Starting point is 01:18:38 All right. So, you know, I was on total burnout from reading nothing but business books for a long time. I'll have to go to Monk. I'll have to go to Monk. Monk was less business, more life, but it really was about like, don't grind until you die. Find balance, right? Figure out what it takes to become a balanced human being. Money is nothing if you're unhappy.
Starting point is 01:18:59 And so, you know, we all think that money is going to solve all of our problems. And this is a show about money and a business that's designed to help people with money. But at the end of what we talked about earlier was money is a means to an end. It's not the end itself. It's one of nine areas your life. Exactly. Yeah. So find that balance.
Starting point is 01:19:19 And that's why I liked Monk. That's the Monk who sold his Ferrari by Robin Sharma? Sharma, yeah. Very cool. All right. Next question. Hobbies. What have been into?
Starting point is 01:19:28 Jiu Jiu Jitsu for me, Jiu Jiu Jiu Jiu Jitzi for Dave. What about you, Josh? Hobbies. Watching contractors screw up. There you go. It's a big hobby. A long project. A lot of a lot of screw up.
Starting point is 01:19:39 Man, I mean, surfing has definitely been a big pickup, big, big pickup. Yeah. Tennis was a big, big pickup, and I know you've now picked up tennis. It'll be a while. It'll be a while before you're even allowed to play with me. I won't be seen at the same court as you for a while. I can hit the ball like one out of five times. Tennis has been big.
Starting point is 01:20:03 But outside of that, honestly, one of the things I've really, really enjoyed is going to the beach with my kids and building like sand sculptures. Nice. Like I'm really enjoying that. It's so cathartic and just forces you to just sit and focus and just be creative. So I've really enjoyed the arts side of it. Maybe that's how Brandon can wean himself away from his phone to get him out there building sand castle. I did read a book on that reason on how to build. perfect, like the big, huge sandcastles and how that whole thing is done.
Starting point is 01:20:31 Let's do it. There really is a book about everything, isn't it? There's a book about everything. Everything. So I love books. All right. Last question. And we'll keep it short because I got a dentist appointment in 28 minutes and it's 30 minutes away.
Starting point is 01:20:42 All right. What separate successful real estate investors from those who give up, fail, or never get started? There's obviously a million answers here. But let's give a quick. What's your thoughts? David, you want to start this one? Yeah. There's so many answers we've had over the years.
Starting point is 01:20:56 Wow. Here's what I found from the agent business. this is probably going to surprise a couple of people. It's often having capital. If you just don't have money or you have a tiny bit, you can invest in real estate with low or no money down, but you won't. If that little $15,000 is all you have and that's your baby, you just won't go take action. So one of the things that we found is like before you can get into investing, you got to get your own financial house in order. It is okay to go try to get a better job and work hard at your job and spend money eating out less or not have as nice of a car.
Starting point is 01:21:30 Like if you can get to where you feel comfortable that you're saving money every single month, the fear of losing what you have will be lessened so you can actually go deploy that capital. Then you realize how awesome real estate is and you get addicted. I love it. I love it. What about you? I would say committing to the pain.
Starting point is 01:21:50 I mean, there's a learning curve, right? and nobody knows everything, no matter what you think. And so we're all going to start at some point. We're all going to start new. And don't be afraid to take that first step. Fear is what gets in everybody's way in changing their life for the better, whether it's health, wealth, real estate, you name it. So overcome that fear.
Starting point is 01:22:12 And the way to overcome that fear is to educate yourself, come up with a plan, and take those baby steps towards that plan, be relentless in doing that, and you'll get there. but you got to get past that fear and stop being afraid. You're going to screw up. It's going to happen. Don't be afraid of it. Accept it and be a problem solver.
Starting point is 01:22:30 That's good, man. I'm going to rip off your answer there. I'm very similar, but I'm going to case in a story about you or an example of you. I've said it again now that Josh here is the greatest entrepreneur I've ever known. And I say that not because of your intelligence, which is high and not because of all, you know, your skill set and all that. It's because of one thing is that you built bigger pockets for a decade. with no proof it was going to be successful. What I call it is like the dip or the trench we've called it that, right?
Starting point is 01:22:58 Remember the trench we talked to a long time ago? You got through this crap. Didn't Linda Gates write a book with the Lyft? Lift, yes. You achieve Lyft after many, many years. And 99.9% of entrepreneurs, real estate investors included in there, they give up in the trench, in the wallow, when they're not making money. Because it's exciting.
Starting point is 01:23:17 Any business, exciting. And then reality sets in and everyone gives up. And you didn't give up in bigger pockets for years and years and years until you scraped by just enough money to pay me to edit some blog posts. And then we started a podcast and we scraped by for a long time until you had enough like to hire Scott Trench. And then, you know, Scott's now CEO or C.E. Yeah, CEO.
Starting point is 01:23:37 And like you got through the trench and the secret to success and almost every person I've ever known successful in business is they got through the trench. They got through the difficult part that comes after the excitement, but before the climb. that's what takes and that's what it takes i think that's what i've seen you do david i think i've done it uh through my real estate i've seen you do it the bigger pockets and now your real estate and everything else so yeah you're an example to millions man well thanks man thank you for we appreciate you brandon i mean this is this is a big farewell so you guys brandon is uh embarking on a a new journey here i encourage you to follow him on his social media
Starting point is 01:24:15 channels brandon what are those social media channels how do people follow you beardy brandon Beardy Brandon on social media and beardybrandon.com. Yeah. That's awesome. What about Dave? Where can people find out more about you? David Green 24? Pretty much everywhere.
Starting point is 01:24:29 LinkedIn, Twitter, Instagram, all of it. Oh, and I have a new and revamped website. Davidgreen24.com. Just add the E at the end of green. I want to go and check this. 24-7, 365. All right, Josh, where do people find more about you? Joshrodorkin.com is the website.
Starting point is 01:24:44 It just talks about me and who I am. But if you want to interact and connect with me, Twitter is the place. It's at J.R. Dorkin. And, you know, whether you've got business ideas or, you know, you just want to shout me out, happy to chat with anybody as long as I have time. It's hard. We get hit up a lot, all of us. And so if we don't respond to you, don't despair.
Starting point is 01:25:08 We still love you. We still love you. There are other people out there that you might want to hit up as well. It's just, it really is hard because we all do get beat up on social media and email and elsewhere so often. So make yourself stand out if you want us or anyone else to really respond to. Awesome. Well, I'm going to hand the baton for the final time over to David Green here.
Starting point is 01:25:31 David, welcome to the host of the Bigger Fockets podcast, man. You want to get us out of here? Thank you very much. I will do so. Thank you for staying late, Brandon. I know that your tooth hurts real bad. It doesn't know. Josh, man, it's the right.
Starting point is 01:25:43 Thank you for joining us. Josh is doing with a hemorrhoid is. It's not a hemorrhoid. Oh, God. Sorry, Josh. I didn't mean for our personal conversation to leak into the podcast. By the way, Scott Trench, David Green is going to be replaced on the next show. Yeah, Josh is still on the board.
Starting point is 01:26:03 I don't know if you knew that one, David. It's up boarded directors. All right. Well, thank you guys. This is David Green for Bigger Pockets O.G.'s Brandon Turner and Josh, the Godfather Dorkin. Signing off. Thank you all for listening to the Bigger Pockets Real Estate. podcast. Make sure you get all our new episodes by subscribing on YouTube, Apple, Spotify,
Starting point is 01:26:24 or any other podcast platform. Our new episodes come out Monday, Wednesday, and Friday. On the host and executive producer of the show, Dave Meyer, the show is produced by Ian K, copywriting is by Calicoe content, and editing is by Exodus Media. If you'd like to learn more about real estate investing or to sign up for our free newsletter, please visit www. www.com. The content of this podcast is for informational purposes only. All host and participant opinions are their own. Investment in any asset, real estate included, involves risk. So use your best judgment and consult with qualified advisors before investing. You should only risk capital you can afford to lose. And remember, past performance is not
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