#446 The Secrets To Investing Passively in ANY Market w/ Devon Kennard

In this powerful episode of the Main Street Business podcast, host Mark J Kohler sits down with former NFL player, Devon Kennard, to discuss his transition from professional football to becoming an entrepreneurial figure in Main Street America. 

• Former NFL player, Devon Kennard, shares his journey into the world of real estate investment while maintaining a professional sports career.
• Devon elaborates on the significance of financial literacy and how it played a crucial role in his success both on and off the football field.
• Mark J Kohler and Devon discuss the concept of "flipping the bag," which involves wisely investing and multiplying your assets, regardless of the initial quantity.
• Devon presents his strategy for generating passive income, highlighting the importance of having a core team of a broker, a property manager, a lender, and a contractor.
• He details his first real estate investment in Beach Grove, Indiana, emphasizing the value of starting small and learning from each step.
• Devon expresses his preference for investing in smaller, turnkey properties before progressing to larger, value-add deals.
• He shares his future plans to bootstrap his portfolio, aiming to solely own his properties instead of moving into larger syndicated deals.
• Mark and Devon explore the potential of the Phoenix market for short-term and midterm rentals, with Devon revealing his own experiences and strategies in this area.
• Devon discusses his book, "It All Adds Up," which encapsulates his experiences and aims to guide others on their financial journey.
• He underlines the importance of making small, consistent decisions that compound over time, leading to significant personal and financial growth.

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For more opportunities to learn from Devon Kennard, follow the link below to his website and stay connected: https://www.devonkennard.com/

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