From Professional Football to Financial Independence

My previous show guest is coming from upstate New York and he went to college at Rutgers where he got a football scholarship and then played redshirt his first year and played four years there with coach Greg Schiano and he played well enough, where he was able to get drafted in the second round the st. Louis Rams and end up playing the NFL for eight years.

He always been tremendously interested in real estate and his financial adviser has always talked to him about it and even drew a picture back when he was a rookie, it was a retail store on the bottom and a bunch of units on top, he said this is what you want to, own to get finally to free and especially after football it's a great investment and if you buy right you really can't go wrong with real estate. And then end up retiring in 2014 and took a year off, he mentioned that it was a tough transition, his identity was a football player his entire career and all of a sudden he is in the real world now and he really didn't know who he is and what he wanted to do.

So he sat there and read a ton of books, to educate himself. He met a guy called Anthony, where he had tremendous knowledge and experience and some capital behind him and then he came in with a little bit of knowledge through the books and through his financial adviser had some capital behind him as well, so it was a good partnership to help them grow. 

When he met Anthony, they started to look at opportunities together for six, eight months and then the first deal that they bought was mixed-use property in northern New Jersey, so it took a while for them to find that first deal, but they weren't just going to buy anything and just do his experience of vision, he has seen one cycle at least, so he kind of got the understanding of when you should be blind when you shouldn't be buying it, how to value properties.