MI303: The Real Estate Playbook w/ Cliff Avril
Millennial Investing - The Investor’s Podcast Network - Podcast tekijän mukaan The Investor's Podcast Network
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 RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Richest 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. SPONSORS Support our free podcast by supporting our sponsors: Range Rover Public Airbnb Meyka Fundrise NetSuite Connect with Patrick: Twitter Connect with Cliff: Website | Instagram Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm