Did Brandon Turner really lose $14M of investor money while pocketing $4.4M???

[James Wise]

I've been starting to hear rumors that Brandon Turner's company Open Door Capital has been losing a lot of investor money. I haven't really followed what he's been up to since he left BiggerPockets, but since I started hearing all of these rumors about mismanaged money and poorly performing investments, I started to look a bit into it. 

Below is what Google/AI had to say about the "Heights on Katy" deal in Houston, Texas. Apparently the GP's pocketed $4.4 million while losing $14 million investor dollars on the deal.

Anyone have any more insight into this deal / or others Brandon Turner's got going on? I don't know how reliable what Google/AI says below is, so I'd like to hear from folks that have more 1st hand info.

Is there fire behind all of this smoke?

[Chris Seveney]

@James Wise that's what I am curious about - how many single family deals did he do in his career?

curious if he was riding coat tails of podcast like many do. 

if I was an investor and lost $ on a deal nothing infuriates me more than seeing Facebook ads promoting training courses - shouldn't focus be on trying to pay back your investors (of course if you already milked the deal upfront and get paid then many will let investors lose their money.)