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Brandon Turner

👤 Person
148 total appearances

Appearances Over Time

Podcast Appearances

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

There's no doubt in my mind. Because what I would do is I'd focus on the same industry. And I could do this in gutters, fences, flooring, roofing, you name it, windows, anything. So what I would probably try to do here is just simply make them walk, talk, and act the same. So I'd put data science, FP&A people, build the hub. And almost like a franchise, but they all...

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

There's no doubt in my mind. Because what I would do is I'd focus on the same industry. And I could do this in gutters, fences, flooring, roofing, you name it, windows, anything. So what I would probably try to do here is just simply make them walk, talk, and act the same. So I'd put data science, FP&A people, build the hub. And almost like a franchise, but they all...

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

They report up to us and we make them on the same CRM, the same, it wouldn't be QuickBooks. It would probably be a more sophisticated, like intact. And so my plan would be just fix their marketing, get their KPIs dialed, then just run them up to 4 million each, right? So now we're at 40 million of EBITDA. Now I know in my sleep, I can get 15X for this. So 15X, and I would do that in three years.

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

They report up to us and we make them on the same CRM, the same, it wouldn't be QuickBooks. It would probably be a more sophisticated, like intact. And so my plan would be just fix their marketing, get their KPIs dialed, then just run them up to 4 million each, right? So now we're at 40 million of EBITDA. Now I know in my sleep, I can get 15X for this. So 15X, and I would do that in three years.

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

That's 600 million. Yeah. So, and listen, nothing's easy, but because I know this stuff so good, it depends on if the owners are douchebags or not. And it depends on if they're staying on and how good the company is. How many levers can I turn? But that's $600 million on $100 million investment. If I took 20%, I'd take minus the $100 million to invest, that's $500 million

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

That's 600 million. Yeah. So, and listen, nothing's easy, but because I know this stuff so good, it depends on if the owners are douchebags or not. And it depends on if they're staying on and how good the company is. How many levers can I turn? But that's $600 million on $100 million investment. If I took 20%, I'd take minus the $100 million to invest, that's $500 million

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

Now, 20% of that, not a bad day, that's $100 million. And the $400 million goes to the investors. That's a good ROI.

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

Now, 20% of that, not a bad day, that's $100 million. And the $400 million goes to the investors. That's a good ROI.

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

Would you ever consider saying I'll give you 8% on your money for five years and then everything after that because the time value of money? Because if you're like, you want to give me my money back in five or seven years, that sucks. I'd want to be guaranteed something, right? Yeah.

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

Would you ever consider saying I'll give you 8% on your money for five years and then everything after that because the time value of money? Because if you're like, you want to give me my money back in five or seven years, that sucks. I'd want to be guaranteed something, right? Yeah.

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

I like that better. Yeah. I got to meet this Ken McElroy. I love. Yeah. Happy to make that intro. I failed at, and I was just talking to my podcast team, is when I get a podcast like someone like you, you probably know 10 people I need to talk to that do just as well as you, that you are really entertained. I had Robert Cedini in here the other day. He's got a few to give me. There are podcasts.

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

I like that better. Yeah. I got to meet this Ken McElroy. I love. Yeah. Happy to make that intro. I failed at, and I was just talking to my podcast team, is when I get a podcast like someone like you, you probably know 10 people I need to talk to that do just as well as you, that you are really entertained. I had Robert Cedini in here the other day. He's got a few to give me. There are podcasts.

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

I'm making a new rule for the podcast that we're going to have a small committee of three or four people. And if they listen to it and don't feel like it was fire, it's not making the airwaves because we've got too many great listeners. Now they want to be entertained. They want to be, they want the knowledge. They want the motivation.

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

I'm making a new rule for the podcast that we're going to have a small committee of three or four people. And if they listen to it and don't feel like it was fire, it's not making the airwaves because we've got too many great listeners. Now they want to be entertained. They want to be, they want the knowledge. They want the motivation.

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

And that's my number one thing is I don't want to put something on there that I wouldn't be very, very like, like if I listened to it, I'd want to be entertained, not even entertained. Like I'm not Joe Rogan. I want to be educational.

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

And that's my number one thing is I don't want to put something on there that I wouldn't be very, very like, like if I listened to it, I'd want to be entertained, not even entertained. Like I'm not Joe Rogan. I want to be educational.

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

In last year, you raised $300 million, which is nuts. What kind of messages are you putting on social media to make people go, oh, yeah, I'm in?

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

In last year, you raised $300 million, which is nuts. What kind of messages are you putting on social media to make people go, oh, yeah, I'm in?

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

I remember you saying that, and I get it a lot more now. Can I give you a piece of advice? Please. So Grant Cardone works with this guy named Brandon Dawson. Yeah, yeah. I need a Brandon Dawson. And I've been on their stage. Smart guys. They're the ones that found Gary Bracca. They gave him $300,000 to own something like 70% of everything he puts out.

The Home Service Expert Podcast
Becoming a Real Estate Expert with Brandon Turner

I remember you saying that, and I get it a lot more now. Can I give you a piece of advice? Please. So Grant Cardone works with this guy named Brandon Dawson. Yeah, yeah. I need a Brandon Dawson. And I've been on their stage. Smart guys. They're the ones that found Gary Bracca. They gave him $300,000 to own something like 70% of everything he puts out.