“Not Everything’s Going to Be a Home Run”- $350 Million Worth Alex Rodriguez Sat Alongside Real Estate Shark Grant Cardone and Orates a Real Estate Insight Through a Ballpark Anecdote

A-Rod’s distinguished MLB career started off with him becoming the youngest Mariner to play in the major league. As his career made progress, the power-hitting shortstop broke various records and his long list of accolades grew with time. Eventually, after a 22-season-long career, at 41, Alex Rodriguez announced his retirement from baseball.

And when talking about his post-retirement career, the former Yankee has been building his business empire. Today, after nurturing A-Rod Corp to a brand new height, the former Yankee stands as one of the biggest names in the world of real estate. Parallelly, in an interview from 2021, A-Rod sat alongside real estate shark Grant Cardone and discussed the highs and lows of real estate investing through a story from the ballpark.

Alex Rodriguez sheds light on investing in real estate through a ballpark anecdote

In the interaction, A-Rod discussed his career in the realm of real estate and broke a long-existing notion of the concept of assets and liabilities. The shortstop spoke about how the concept of assets and liabilities are interchangeable and his two big regrets.

He elaborated on an example of owning a home, spending money on maintaining it, and ultimately waiting a long time before selling it. He says, “You have nine homes. And each one of them costs you a million dollars a year. So you have nine million dollars of negative cash flow. You buy real estate, you hold on to it, you never sell, you refinance it. Sometimes you have to sell for strategic reason but then you land”

Read More: “It Is in My DNA”- Alex Rodriguez Once Sat Down and Talked About What Business Means to Him While Comparing It to Baseball

Further, A-Rod talks about his two big regrets through a sketch from the ballpark. He says, “I have two regrets in real estate. I didn’t buy enough, and the second one, I sold. But it’s okay. You have to sell sometimes. You got to get a double. Not everything’s going to be a home run, there’s no ned to be greedy. Take a single, take it off the table.”

A-Rod’s various business escapades

Today, after carrying A-Rod Corp to a brand new height, Alex Rodriguez is the chairperson of Presidente Beer and part owner of the NBA team, Minnesota Timberwolves.

Watch this story: From Alex ‘A-Rod’ Rodriguez to Derek Jeter: Here are the top 5 richest MLB players of all time

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