Turn Fast Money into Lasting Wealth with Real Estate! - Jaren Sustar, Devon Kennard
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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. 00:00 Introduction 01:59 Devon's Football Journey and Real Estate Beginnings 04:42 The Importance of Financial Planning for Athletes 16:02 Devon's Real Estate Investment Strategies 20:41 The Value of Simplicity in Investment 21:04 Warren Buffett's Investment Strategy 21:25 Value Add Real Estate Investing 22:38 Commercial Real Estate and Triple Net Lease 24:00 The Role of Capital in Real Estate 24:30 Transitioning to Private Funding 26:23 Starting with Gap Funding 29:23 Keys to Being a Good Private Lender 32:23 Final Thoughts and Resources
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