Join Jaren Sustar as he interviews nine-year NFL veteran Devon Kennard, who discusses his journey from professional football to successful real estate investing. Kennard shares insights on purchasing property using other people's money, understanding fast vs. slow money, and the importance of networking. He describes his transition from turnkey properties to value-add investments and private lending through his company, 42 Solutions. Learn strategies for success in real estate, handling adversity, and managing finances as an athlete.<br />00:00 Introduction<br /><br />01:59 Devon's Football Journey and Real Estate Beginnings<br />04:42 The Importance of Financial Planning for Athletes<br />16:02 Devon's Real Estate Investment Strategies<br />20:41 The Value of Simplicity in Investment<br />21:04 Warren Buffett's Investment Strategy<br />21:25 Value Add Real Estate Investing<br />22:38 Commercial Real Estate and Triple Net Lease<br />24:00 The Role of Capital in Real Estate<br />24:30 Transitioning to Private Funding<br />26:23 Starting with Gap Funding<br />29:23 Keys to Being a Good Private Lender<br />32:23 Final Thoughts and Resources

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Media Network

Turn Fast Money into Lasting Wealth with Real Estate! - Jaren Sustar, Devon Kennard

NOV 7, 202436 MIN
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

Turn Fast Money into Lasting Wealth with Real Estate! - Jaren Sustar, Devon Kennard

NOV 7, 202436 MIN

Description

Join Jaren Sustar as he interviews nine-year NFL veteran Devon Kennard, who discusses his journey from professional football to successful real estate investing. Kennard shares insights on purchasing property using other people's money, understanding fast vs. slow money, and the importance of networking. He describes his transition from turnkey properties to value-add investments and private lending through his company, 42 Solutions. Learn strategies for success in real estate, handling adversity, and managing finances as an athlete.<br />00:00 Introduction<br /><br />01:59 Devon's Football Journey and Real Estate Beginnings<br />04:42 The Importance of Financial Planning for Athletes<br />16:02 Devon's Real Estate Investment Strategies<br />20:41 The Value of Simplicity in Investment<br />21:04 Warren Buffett's Investment Strategy<br />21:25 Value Add Real Estate Investing<br />22:38 Commercial Real Estate and Triple Net Lease<br />24:00 The Role of Capital in Real Estate<br />24:30 Transitioning to Private Funding<br />26:23 Starting with Gap Funding<br />29:23 Keys to Being a Good Private Lender<br />32:23 Final Thoughts and Resources