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On today\\u2019s show we\\u2019re coming to you live from Multi Family Conference in Toronto.\\xa0
\\nThere were a number of great speakers at the conference, but I want to focus on one speaker in particular. Our North American culture can be celebrity obsessed and I don\\u2019t buy into that. However, I believe that success leaves clues and that success is rarely accidental.\\xa0
\\nThat speaker was Alex Rodriguez. He is known as a baseball player, first for the Seattle Mariners, then the Texas Rangers and finally the NY Yankees. He played a total of 22 seasons in MLB, an industry in which the average tenure is 5.5 years.\\xa0
\\nMost recently he is known as one of the Sharks on the TV Show Shark Tank. Naturally, most people believe that he made his money in baseball. There is no doubt that baseball helped. But baseball did not come close to affording the growth that Alex has experienced.\\xa0
\\nI\\u2019m here today to talk about none of the celebrity stuff that most people focus on. Alex Rodriguez is a real estate investor. He started like all of us, with a small single family rental, duplexes, triplexes and eventually moved up to small multi-family buildings 10 units, 12 units and so on. He started investing early during his baseball career. In the early days, his baseball salary was used to cover the negative cash flow in his real estate portfolio and there were many times when he was at risk of running out of cash.\\xa0
\\nToday, ARC has a portfolio of over 20,000 units. He is not known as a real estate investor. But he is a real estate investor at a very high level.\\xa0
\\nA portfolio of that size is operating at an institutional level. Here are some of ARod\\u2019s key take-away\\u2019s.
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\\nHost: Victor Menasce
\\nemail: podcast@victorjm.com
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