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“Not Everything Is Going to Be Home Run”- Alex ‘A-Rod’ Rodriguez Revealed His Two Regrets in Real Estate Investments
Alex ‘A-Rod’ Rodriguez does not need an introduction. His journey from being an ordinary kid of Miami to probably the biggest star of baseball has been incredible and rarely heard off. Although A-Rod enjoyed an illustrious baseball career that lasted for over two decades, he also enjoys a successful post-retirement career.
One can hate him for his arrogance, attitude, or whatever other reasons, but he is one of the wisest minds in baseball. When he was playing baseball, he knew what job he had to do in the ballparks. And when the Yankees legend said goodbye to his baseball career, he made a significant investment in real estate.
It has been over five years since A-Rod retired from baseball, but the MLB great is still the most popular face of the game. He is probably the only MLB player who represents baseball at a global level. Just like his baseball career, A-Rod has also made some mistakes in real estate. Recently, he opened up about his regrets in real estate.
Alex ‘A-Rod’ Rodriguez believes being greedy is not an option
With a net worth of over $350 million, Alex ‘A-Rod’ Rodriguez is one of the wealthiest athletes in the world. When it comes to baseball, no player is even close to him. But he did not get all this money overnight. After his retirement, the Yankees legend made some wise investments in real estate. However, he also made some mistakes in his real estate investments.
OAKLAND, CALIFORNIA – AUGUST 29: Broadcaster and former MLB player Alex Rodriguez looks on from the field before the game between the Oakland Athletics and the New York Yankees at RingCentral Coliseum on August 29, 2021 in Oakland, California. (Photo by Lachlan Cunningham/Getty Images)
In a year-old interview with real estate mogul Grant Cardone, A-Rod revealed his two regrets in real estate. “Today, we have eight to ten thousand apartment units… I have two regrets in real estate. I did not buy enough and the second one, I sold,” A-Rod said.
While speaking with Grant, A-Rod also said it is normal in any business because every ball will not go for a home run.
“But it’s okay. You have to sell sometimes. You gotta get double. Not everything is going to be a home run. There is no need to be greedy. Take a single, take it off the table,” Alex ‘A-Rod’ Rodriguez added.
Not only real estate, but A-Rod has also invested in an NBA team, Minnesota Timberwolves. He, along with his billionaire friend Marc Lore, bought the Timberwolves in late 2021.
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