What We do

Purchase

We purchase mobile home communities and apartments with a very specific set of criteria. We focus on cash flow for investors – while also maximizing equity growth through forced appreciation.

Manage

We have in-house management – with over 35 years of combined experience – working efficiently to increase income and decrease expenses while providing exceptional affordable housing for tenants. This helps drive Net Operating Income, investor returns, and increases tenant satisfaction.

Distribute

Although we anticipate large equity growth, we also know that regular cash flow is important. That’s why we process regular distributions — typically either monthly or quarterly depending on the offering.

Why us?

About Open Door Capital

Open Door Capital is a private well-capitalized, real estate investment firm that helps clients achieve superior risk-adjusted returns through the acquisition of mobile home communities and apartment complexes while prioritizing affordable housing opportunities for tenants.

Open Door Capital was founded by Brandon Turner. Brandon is a best selling real estate author with over 1 million copies sold, former host of the BiggerPockets podcast with over 100 million downloads, and leading educator in the real estate investment space.

Experienced Team

Our team has over 50 years of combined experience in
real estate investments.

Proven Track Record

Open Door Capital has exceeded its targeted distributions every quarter since inception.



CashGrowth™ Offerings

You dont have to choose between cash flow and appreciation with our CashGrowth™ offerings.

What Our Investors Say¹

Amad O

“The Open Door Capital team is experienced and trustworthy and I feel confident investing with them.”

Steve R

“Open Door Capital is very forthcoming and they’re very reachable. I like the fact that I can get to them, I can talk to them and I can get questions answered in a very timely manner.”

Amanda H

“Open Door Capital goes to a great lengths to make sure their investors not only have a great investment and return but a great experience overall.”

Chris W

“You can invest in Open Door Capital with confidence – they are going to care for you, care for your investments, care for the funds you invest in, and they’ll continue to give you a great return.”

Asset Classes

Why Mobile Home Communities?

Mobile home communities are a recession resistant asset class providing strong and reliable cash flow even in the face of a potential market correction. Most mobile home communities also have numerous value-add opportunities allowing us to improve the quality of life in the community while maximizing investor returns.

Asset Classes

Why Apartments?

Apartments boast a dependable income stream while providing multiple opportunities for forced appreciation, making them ideal CashGrowth™ properties. Predictable and strong demand positions apartments as a dependable asset class with strong returns for investors. Within this asset class, we typically target Class B/C apartments in great locations with a clear value-add plan, allowing for day-one cash flow while also maintaining the ability to force appreciation.

Our Team

Meet Our Team

Brandon Turner

Founder & CEO

Brandon Turner, founder and managing member of Open Door Capital, is a bestselling real estate author with over 1 million copies sold and widely recognized as one of the foremost experts on real estate investing. Over the past decade, Brandon has established a strong track record investing in multifamily, including apartments and mobile home community assets. In addition to his accomplishments in investing and publishing, Brandon is the former host of the BiggerPockets podcast, the most downloaded real estate podcast in the world, with well over 100 million downloads.          

Brian Murray

Co-Founder & Key Principal

Brian Murray is one of world’s leading experts on multifamily real estate investing. He is author of the bestselling books Crushing It in Apartments and Commercial Real Estate and The Multifamily Millionaire, Volumes I & II. Brian is an accomplished real estate entrepreneur and currently owns more than 8,000 units of multifamily. As Co-Founder of Open Door Capital, Brian has played a key role in creating one of the fastest-growing multifamily real estate companies in the United States. He is also the Founder and CEO of Washington Street Properties, which was ranked on the Inc. 500|5000 list of the nation’s fastest-growing private companies for five consecutive years. In 2015 Brian was recognized with a Gold Stevie Award for Executive of the Year in the Real Estate Industry.

Walker Meadows

Chief Operating Officer

Walker has led the Open Door Capital team through $650M+ in acquisitions and is a General Partner on 6,000+ units. Prior to joining Open Door Capital, he held a variety of engineering, finance, and account management roles across multiple industries. He holds a degree in Mechanical Engineering from the University of Georgia, an MBA from Georgia College & State University, and is currently pursuing a Master of Data Analytics degree from the Georgia Institute of Technology. He lives in Atlanta, Georgia with his wife and two children.

Ryan Murdock

Co-Founder

Ryan spent 10 years in the semiconductor manufacturing industry before transitioning to real estate investing and property management in 2007 where he steadily acquired a solid portfolio of multi-family rental properties. He has extensive management experience in many facets of real estate including retail, office, multi-family, HOA, and especially mobile home communities – including nationwide consulting and turn-around projects. As a co-founder of Open Door Capital, Ryan played a critical role in early operations and assembling some of the experienced team we have today. He continues to provide value through an ongoing advisory role and targeted projects. In his spare time he is an avid scuba diver and adventure seeker from his home base in Maui, HI.

Jae Park

Senior Vice President of Investments

Jae has managed $200M+ in acquisitions at Open Door Capital and oversees lead generation, underwriting, and due diligence. Prior to joining Open Door Capital, Jae held a variety of corporate strategy, finance, and engineering roles across various industries. Most recently, he was part of the Global Strategy team at Uber in San Francisco. He holds a B.S. in Chemical Engineering from The University of Texas at Austin.

Michelle Oppelt

Vice President of Property Management

Michelle is a seasoned entrepreneur, author, speaker, and co-founder of the Multifamily Women’s Mastermind. She has over 13 years of experience founding and managing multiple profitable companies, including her first company formed in 2007 which has been featured on CNBC. With a background in bio-science, Michelle understands the importance of using data and metrics in order to properly execute on business plans and drive results for investment portfolios. She’s also a mother of four who is passionate about travel, exploration, and giving back to the community.

Mike Williams

Vice President of Investor Relations

Mike has helped Open Door Capital raise $220M+ since the company’s inception. And with over 10 years of creating top-tier guest experiences at companies like Sixthman and The Zac Brown Collective, he’s the perfect candidate for keeping investors informed, excited, looked after, and appreciated. Prior to joining ODC as a General Partner, Mike built a personal portfolio of single family and multifamily properties, and has continued his investing career in the mobile home community space.

Micah Cabagbag

Vice President of Corporate Finance & Administration

Micah has had the pleasure of overseeing $15M+ of distributions to investors throughout his time at Open Door Capital and $650M+ of Acquisitions as a General Partner. He is in charge of the Operations Finance, Fund Finance, and Fund Administration for ODC. He comes to the team from the hospitality industry, working in Finance at one of the premier vacation ownership resorts on Maui. He also has experience working in the Bay Area in tech, startups, and investment firms. Micah invests in multifamily real estate outside of ODC while managing the Finances for Brandon’s ancillary businesses and real estate assets.

Sydney Barker

Vice President of Finance

Prior to joining Open Door Capital, Sydney Barker served as the Corporate Controller for a $250M IT company as well as a Senior Financial Analyst for a large public insurance company. Her experience includes various merger/acquisitions with private equity firms, ERP implementations, SEC reporting and cash management and strategy. Sydney also invests in and syndicates multifamily properties with a focus specifically on the mobile home park asset class.

Hollister Place Apartments in Coming Soon!

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