Why Business Tycoon Alex Rodriguez Made a Radical Strategy Altercation in His Business Empire Despite Making Millions
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Alex Rodriguez has developed a business empire since retiring from baseball. In the last 5 or so years, he has grown his net worth to a value in the hundreds of millions. This empire has been built on his success in real estate and properties. Most recently, Rodriguez revealed why he has radically changed his strategy toward real estate as of late.
A-Rod always wanted to succeed in business after retiring from baseball. The New York Yankees legend was scared of becoming one of the many athletes that squander his wealth away. This recent strategy is a way to pivot within the real estate market and plan for the future.
Alex Rodriguez reveals a radical real estate strategy that he has employed
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Rodriguez has made millions in real estate. The Yankees legend has worked extensively in the industry. Most recently, he revealed a new radical strategy that he has adopted as of late. During a recent interview on the 20VC with the Harry Stebbings podcast, he opened up on his business, MLB career, and several other topics. A-Rod has said that he’s sitting back and watching what happens with the market.
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During the podcast, A-Rod said, “I think our strategy in continuing to buy real estate assets. I’ve basically put a pause on everything and we’re sitting back and just watching and seeing where FED goes with interest rates.” He further said, “I think there’s still a disconnect between buyers and sellers. Sellers still think their asset is worth 10 bucks, and we think it’s worth three.”
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This is a strong move from the millionaire businessman as he switches from his aggressive buying strategy. He is currently spending his time enjoying some special moments. But Rodriguez probably does not want to have any more regrets in real estate.
A-Rod once said that he only had two regrets in real estate
During an event that Alex Rodriguez attended, he said that he only had two regrets in real estate. The first was that he did not buy more of it when he was buying. And, the second is that he sold some of that real estate instead of standing pat. Since then, he has aggressively bought properties in order to make money off them. But this strategy has now seen a radical change where he is waiting and biding his time.
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WATCH THIS STORY: From Alex ‘A-Rod’ Rodriguez To Derek Jeter: Here Are The Top-5 Richest MLB Players Of All Time
What do you think of the radical real estate strategy that Alex Rodriguez is implementing? Kindly share your thoughts in the comments below.
Edited by:
Manaal Siddiqui