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

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

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 7 November 2024

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

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

Transcript

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0:55.5	Terms and conditions apply.
0:57.0	Welcome to the Rich Dad Real Estate show where we talk about the good news and bad news.
1:00.9	Real estate hosted by yours, Truly, Jaron Sustar.
1:03.5	If you haven't done so already, go down to the show notes and grab Robert and I's new free
1:07.9	e-book, How to buy your first investment property.
1:11.6	So today I'm here with special guests, Devon Kinnard.
1:15.7	Devon is a nine-year NFL vet, two-time author.
1:19.2	He just released a book, Real Estate Side Hustle.
1:21.7	Shout out Devon.
1:22.5	That's awesome.
	...

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