Learning from the past
Corum recalled watching his dad go through ups and downs in the real estate game — lessons he took to heart. He also reached out to college alumni for advice while he was a student.
“Learn from the people that are doing it,” Corum said. “That’s what I’m doing. Just trying to be a sponge and soak everything up.”
His approach is similar to that of another athlete who’s now a business mogul, Shaquille O’Neal.
“The common mistake business owners make is they think they know it all,” Shaq told YouTube’s School of Hard Knocks during an interview posted Dec. 12. “Make sure you hire people that are smarter than you.”
It’s advice you don’t have to be a millionaire to appreciate — if there are gaps in your knowledge, you can attempt to fill them by learning on your own or finding somebody with the right expertise. The point is understanding the limits of your business acumen and doing what’s necessary to exceed them.
Invest in real estate without the headache of being a landlord
Imagine owning a portfolio of thousands of well-managed single family rentals or a collection of cutting-edge industrial warehouses. You can now gain access to a $1B portfolio of income-producing real estate assets designed to deliver long-term growth from the comforts of your couch.
The best part? You don’t have to be a millionaire and can start investing in minutes.
Learn MoreGetting into real estate
If you’re interested in real estate, there are a number of ways you can get into investing without being a varsity or professional athlete.
One approach is to put your money into real estate investment trusts (REITs), many of which are publicly traded on stock exchanges.
Another is to pool your funds with other investors into rental property investment companies and make gains on the housing market that way.
You could also try your hand at investing in commercial real estate, tapping into properties leased by recognized brands.
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