Millennial Investing - The Investor’s Podcast Network

MI303: The Real Estate Playbook w/ Cliff Avril

Nov 6, 2023

01:04:28

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Former NFL pro-bowler and Super Bowl winner, Cliff Avril, discusses his transition to real estate investing, tax saving strategies, investment in a professional pickleball team, and philanthropy through the Cliff Avril Family Foundation. He shares insights from his football career, how he got started in real estate, and the lessons he learned. Avril also talks about his luxury spec homes strategy, exploring different real estate markets, and involving children in mentoring activities.

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Quick takeaways

Cliff Avril transitioned into real estate after his football career, focusing on multifamily properties.

Avril emphasizes the importance of partnerships and building a strong team in successful real estate investing.

Avril highlights the value of focusing on one area to excel and grow, whether it be real estate or e-commerce.

Deep dives

Cliff Avril's Real Estate Journey

Cliff Avril, former NFL player, shares his transition into real estate after his football career. He explains how he got started investing in real estate and his focus on multifamily properties. Avril emphasizes the importance of focusing on one thing and excelling at it. He discusses his partnership with an experienced real estate investor and how they navigate the property management process. Avril also discusses the benefits of cost segregation studies and the importance of structuring your company correctly.

Introduction

2min

Upbringing and Pursuit of Success

17min

The Inspiration to Get Involved in Real Estate

5min

Building a Team and Starting Small in Real Estate Investing

17min

Cliff Avril discusses luxury spec homes and flipping properties

3min

Masterclass Membership & Shopify for Online Business

3min

Exploring Real Estate Investment Markets

18min

The Involvement of a 12-Year-Old and Real Estate Endeavors

3min

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

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Connect with Patrick: Twitter

Connect with Cliff: Website | Instagram

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Millennial Investing - The Investor’s Podcast Network

MI303: The Real Estate Playbook w/ Cliff Avril