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Open Door Capital Review (2024): Is Brandon Turner Worth It?

By: JosiahOct 05, 2023Real Estate
Open Door Capital Review ([year]): Is Brandon Turner Worth It?

Open Door Capital is an independent real estate investment firm focused on providing clients with favorable returns relative to their level of risk, more focused on the residential sector of the real estate industry than with commercial real estate.

Almost 5.6% of Americans (or an estimated 17.7 million individuals) currently reside in mobile homes - not a bad market for investors. One can gain several advantages by investing in mobile home communities: low unit cost, low risk, high demand, low turnover, and low levels of competition are just a few of the benefits.

However, it remains to be seen whether it's a great investment to pour your own money into one of the fastest-depreciating real estate assets out there.

Let's dive in and find out what's really going on.

DISCLAIMER:

This Open Door Capital review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

PROS
  • Owns over 10,000 units of real estate
  • Brandon Turner is a seasoned investor
  • Has an exclusive club for networking
CONS
  • Huge starting investment
  • Must be an accredited investor to join
  • Not fit for everyone

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

Open Door Capital is a real estate investing program.

Unlike most real estate investing courses, this one is mostly focused on handing over your hard-earned cash and letting others do all the work.

In other words, it'll kind of be like investing in a high-stakes stock. Except this time they're putting money into:

  • Mobile home parks
  • Apartment complexes
  • Residential subdivisions

Regardless of which path the investment company goes down, there is a lot of potential with real estate investing.

After all, it’s the world’s oldest wealth-builder.

However, before you leave this Open Door Capital review and go sign up, you might want to ask yourself:

“Is now the right time for me to get into real estate investing?”

Because, no matter which way you slice it, real estate investing is extremely volatile, even if someone else claims to be doing all the work.

So if your savings account is a few zeroes lighter than you’re comfortable with, or you don't handle stress too well...this might not be the best time for you to jump into real estate investing.

But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion.

A good way to get yourself there is with Digital Real Estate.

Digital Real Estate takes all the best parts of real estate investing, while eliminating most of the headaches:

  • Low cashflow
  • Volatile markets
  • Mismanagement of funds
  • Low ROI

And the best part?

Digital Real Estate allows you to build a passive income stream that’s actually passive!

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to rely on big real estate companies to make the right deal on your investment.

TESTIMONIAL - Still Getting Paid

If that sounds like something you’d be interested in, check out Digital Real Estate.

This is the perfect first step to build recurring income that you can then use to start investing in real estate down the line.

However, if you’d still like to know more about Open Door Capital, keep reading.

What Is Open Door Capital?

what is open door capital

Open Door Capital is a privately held real estate investment company that prioritizes providing low-income renters with quality, affordable housing options. For example: a mobile home park.

Mobile home parks (MHP) are Open Door Capital's primary investment area. Trailer parks, land-lease communities, manufactured home parks, and mobile home communities are all names for the same thing.

They purchase mobile home communities and apartment complexes. For its investors, the top priority is generating cash flow via superior risk adjusted returns.

The in-house management team at Open Door Capital has over 30 years of experience and works tirelessly to enhance client income, lower expenses, and keep renters happy. Payouts occur consistently, usually once each month or quarter.

Who Created Open Door Capital?

who created open door capital

Brandon Turner established Open Door Capital. According to their website, Brandon is a top instructor and among the world's leading experts, in addition to being a best-selling real estate author with over 1 million books sold.

He's also a former host of the BiggerPockets podcast, with over 100 million downloads.

Brandon has a proven multifamily real estate investing record when it comes to mobile home parks, as well as apartment complexes.

Who Is Open Door Capital For?

Open Door Capital is not necessarily open to everyone - they claim to only accept those who are accredited investors.

You qualify for their offer if you have between $50,000 and $100,000 to invest. This means you can't invest in their products if you don't have the capital.

What Does Open Door Capital Offer?

what does open door capital offer

Open Door Capital Texas 3-Pack

Located in the Houston and Austin metropolitan statistical areas, the Texas 3-Pack totals 673 apartments. The fixed interest rate for Open Door Capital with Disrupt Equity is 3.8 percent.

For the first seven years, you'll pay nothing but interest, and its expected rate of return is between 16 and 18 percent each year. The Texas Three-Pack requires a minimum investment of $100,000 but has a hold period of 5-10 years.

Open Door Capital Cabana Club

open door capital club

Open Door Capital's most important investors (the ones with the most money) are invited to join the private Cabana Club. As you may expect, a minimum investment threshold must be reached before you can join this exclusive club.

Members of the Cabana Club are expected to put at least $500,000 into a single deal or $1,000,000 over numerous deals. If you want to join the club, you need to check off at least one of those boxes.

The following privileges are yours as a Cabana Club member:

  • Networking with the Open Door Capital team and other top investors in Maui
  • Benefit from upcoming investment opportunities
  • Possibility of being invited to occasional sessions and events

Open Door Capital Jobs

open door capital jobs

If you are interested in working for Open Door Capital and Brandon Turner, they may have an opening for you. You can check out Open Door Capital's website to learn about available positions.

How Much Does It Cost To Join Open Door Capital?

how much does open door capital cost

Investment minimums at Open Door Capital begin at $50,000 to $75,000, and it looks like you will be paying either a 10% cut or $3,000,000, whichever is higher, in addition to a $25,000 fee.

Is Open Door Capital A Scam?

Scam or Legit

So, is Open Door Capital a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Brandon Turner makes it sound.

There’s a ton of risk to take upfront, no real guarantee of success, and - most importantly - the actual profit margins on real estate investments are pretty small.

Now, there’s nothing wrong with looking for solid investment opportunities...

...but if you’re riding it out for 3 years - glancing at market value updates, reading news headlines, stressing about ROI - and then your reward is a negative return...then it’s not really worth it.

What if, instead, you could put in 3 months of flexible work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Real Estate. 

And you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - Saying Goodbye To Our Jobs

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.

Are There Alternatives To Open Door Capital?

alternatives

Yes, there are plenty of other business models to choose from if you want to pursue this way of making money online.  Here are just a few:

  • Local Lead Generation
  • Digital Real Estate
  • SEO
  • Real Estate
  • Website Building

What Is My Top Recommendation For Making Money In 2024?

Digital Leasing

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Real Estate is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.

With real estate investment, often there is a large sum of money required, and it takes YEARS UPON YEARS to make an ROI on that money which just doesn't make sense for most people.

Relying on an investment company to handle an extremely volatile market is stressful, no matter what any real estate guru tells you. 

TESTIMONIAL - JUMP ALL IN

2) You Own & Control EVERYTHING: Yes, with Open Door Capital you kind of “own” the properties.

But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours - you're just the one risking it all, hoping this company doesn't mess it all up.

With Digital Real Estate, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.

TESTIMONIAL - Feeling Blessed

3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront.

Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket...even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL - Scott Lead Gen

4) Minimal Ongoing Expenses: When you invest in a real estate company, you're expenses are HIGH.

Sure, you're not the one on the ground...but understand that you're going to be funding all kinds of expenses, in addition to the commission of the people you're trusting your livelihood with.

Plus, even if you're just giving a company money, there's still a lot of risk at play.

With Digital Real Estate, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.

TESTIMONIAL - Done Deal

5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with traditional real estate investing, you'd have to double the huge investment Open Door Capital already wants from you. I guarantee that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - Lance Lead Gen

6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either...a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

BOSS OF MY FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like Open Door Capital which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.

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