A-Rod Owns 13k Units of Multifamily Real Estate

A-Rod Owns 13k Units of Multifamily Real Estate

Alex Rodriguez (former New York Yankees baseball star) owns over 13,000 units of multifamily real estate across the country. He says the apartment business is better than baseball.

There's a lot to like:

• The recurring income from rents
• The ability to force appreciation by repositioning assets
• The ability to use leverage to increase returns
• The ability to refinance and pull cash out tax free
• The hefty tax benefits
• The equity created as tenants pay down mortgages
• The hedge it creates against inflation
• The ability to positively impact neighborhoods

Rodriguez is not alone. While many stories highlight sports stars facing financial struggles after retirement, fewer highlight those who invest wisely and build real estate portfolios, converting heavily taxed active income into tax-favored real estate ownership and generational wealth.

More examples:

• Basketball Hall of Famer David Robinson founded Admiral Realty Capital, owning $100M in hotels, office buildings, and multifamily properties
• Shaquille O'Neal owns over $50M in real estate, including apartment towers developed in Newark, NJ
• Magic Johnson owns extensive businesses and commercial real estate
• Mo Vaughn's company owns over 7,000 multifamily units across several states
• Emmitt Smith owns multiple real estate companies
• Hakeem Olajuwon has invested in Texas real estate
• Brian Scalabrine invests in affordable senior housing
• Chris Paul invested in multifamily funds focused on workforce housing
• Devean George develops affordable housing in Minneapolis
• Miguel Cotto owns gas stations and other real estate

The benefits of real estate investing extend beyond celebrities—through syndications, individual investors can pool capital and employ similar strategies at scale.