#446 The Secrets To Investing Passively in ANY Market w/ Devon Kennard

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4 • 584 Ratings

🗓️ 10 August 2023

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this powerful episode of the Main Street Business podcast, host Mark J Kohler sits down with former NFL player, Devon Kennard, to discuss his transition from professional football to becoming an entrepreneurial figure in Main Street America. Former NFL player, Devon Kennard, shares his journey into the world of real estate investment while maintaining a professional sports career.Devon elaborates on the significance of financial literacy and how it played a crucial role in his succes...

Transcript

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0:00.0	The NFL takes advantage of that. They're going to offer you the lowest contract possible.
0:04.4	20 plus rental properties that he build up while in the NFL.
0:08.1	I do not know everything, but I am actively learning and growing.
0:12.4	This property is only $86,000 and I went in with a partner and we each put $12,000.
0:17.5	Yeah, I'm just going to go buy this crappy little rental.
0:19.9	There's not a lot of dollars at stake, but I'm going to learn the ropes.
0:23.2	All right, everybody.
0:24.0	Welcome to another powerful Main Street interview with an influencer that's making a difference
0:28.7	in Main Street America.
0:30.5	Devon Kinnard, former NFL players.
0:33.5	You know what?
0:34.2	It's kind of cool, right?
0:35.2	You know, we all love America's sport.
0:38.2	Nine years in the NFL recently with the Ravens. And by the way, ESPN called, Devon, I need to find out if you're going free agent this year.
0:47.2	You're going to cover that.
0:50.1	But most importantly, Devon and why I love him. And thanks for let me introduce you, is that 20 plus rental properties that he build up while in the NFL.
0:59.8	He's got a book helping educate kids and young adults everywhere in between the financial literacy and the philanthropy he's doing.
1:09.4	Born and raised in Phoenix, so that's close to me as well in my heart. And so, Devon, thanks for being with us. I really appreciate it. Thanks for having me. This is a pleasure. I love what you're doing on social. And, man, the tax advantages and everything you teach is amazing. So, you know, I'm a big fan of yours and everything you have going on.
1:47.0	Oh, well, thank you. Thank you, sir. Well, all joking aside, too, are you going to play this year? I mean, maybe you've got to say, Mark, I'm going to reveal that somewhere else. It could be here. I don't know. Yeah, no, absolutely. I mean, for me, it's up in the air, to be honest. I'm in a position that I'm grateful. I get to make the
1:45.4	decision myself instead of the league deciding. Like, I have interest. I could be signed somewhere
1:49.9	now, but the opportunities aren't beneficial enough financially are just situation-wise to where I
1:56.3	really want to do it. But I'm in that position because of the moves I've made off the field. A lot of guys
	...

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