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MI303: The Real Estate Playbook w/ Cliff Avril

MI303: The Real Estate Playbook w/ Cliff Avril

FromMillennial Investing - The Investor’s Podcast Network


MI303: The Real Estate Playbook w/ Cliff Avril

FromMillennial Investing - The Investor’s Podcast Network

ratings:
Length:
64 minutes
Released:
Nov 6, 2023
Format:
Podcast episode

Description

In this week’s episode, Patrick Donley (@JPatrickDonley) sits down with NFL pro-bowler and Super Bowl winner, Cliff Avril. They touch on his football career, but the focus of the conversation is on Cliff’s life after football. You’ll learn how he got started investing in real estate, how his first big project went, what he’s learned from some of his partners, and why he loves cost segregation studies and other tax saving strategies. They also talk about his investment in a professional pickleball team and his philanthropy he does through the Cliff Avril Family Foundation.Cliff Avril had a 10 year NFL career and played for both the Detroit Lions and Seattle Seahawks. He won a Super Bowl with the Seahawks in 2014 and was in the Pro Bowl in 2016 as a Defensive End.Cliff is first and foremost a family man and lives with his wife and two sons in Seattle, Washington. After a career-ending injury, Cliff left the NFL and has gone on to become a successful real estate investor and developer with projects throughout the country.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro.02:18 - What it was like growing up in two different cultures for Cliff.02:57 - Why the self-confidence necessary to make it in the NFL can be a detriment later in life.07:54 - What the NFL provides to players in terms of financial literacy classes.08:19 - How Cliff saved a bigger portion of his NFL salary.14:05 - How he dealt with a career-ending injury.19:09 - How real estate became a calling for him.19:40 - Why he thinks cash flow is true wealth.25:19 - How Cliff has found people he can learn from and trust.26:40 - What his first real estate investments were and how they went.26:44 - Why he ended up renting to NFL players.29:51 - What his first big project looked like.31:49 - How he has implemented learnings from football to real estate.33:10 - What he learned from one of his first partners.36:37 - What the benefits of cost segregation studies are and why Cliff does them.39:37 - How he avoids shiny object syndrome.42:44 - What his strategy is for building luxury spec homes.51:39 - What NFL players he is modeling his real estate career after.53:38 - Why he’s so into pickleball.59:44 - How philanthropy has become a big part of his life with the Cliff Avril Family Foundation.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESRichest Man in Babylon by George Clason.Rich Dad Poor Dad by Robert Kiyosaki.The Everything Guide to House Hacking by Robert Leonard.Related episode: Listen to MI285: The Art of Tax Optimization w/ Mitchell Baldridge or watch the video.NEW TO THE SHOW?Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.Help us understand our audience better so we can create a more intentional user experience by answering this survey!SPONSORSFind the right benefits and retirement plan for your team today with Principal Financial.Your home might be worth more than you think. Earn extra money today with Airbnb.Get a customized solution for all of your KPIs. Download NetSuite's popular KPI Checklist for free.Experience real language learning for real conversations with Babbel. Listeners from Germany can use our code INVESTOR to get a 12-month subscription for the price of 6 months.Learn from the world's best minds with Masterclass. Get 15% off an annual membership today.Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Connect w
Released:
Nov 6, 2023
Format:
Podcast episode

Titles in the series (100)

Millennial Investing by The Investor's Podcast Network is hosted by Robert Leonard (@therobertleonard) and Clay Finck (@Clay_Finck). They cover not only investing basics and investment and financial advice, but also business topics such as entrepreneurship, side hustles, personal development, and more to help educate and inspire the millennial generation. The show's mission is to improve people's financial literacy and business savvy in order to help anyone make better investment decisions with both their time AND money.Real Estate 101 by The Investor’s Podcast Network is hosted by Robert Leonard. He brings on a wide range of guests, from fellow “newbie” investors investing as a side hustle to full-time multimillionaire real estate investors to walk you through all the questions and roadblocks you face as a new investor. You don't have to face the world of real estate investing alone – let Robert, and his guests, be your guide on your investing journey. Break past the paralysis-by-analysis stage and get your first deal, or next deal, done with actionable tips, strategies, and guidance from Robert and guests!Start listening, and join millions of listeners learning to invest! Follow Robert on Instagram and Twitter at @therobertleonard, and follow Clay on Twitter at @Clay_Finck.