The Wealth Without Wall Street Podcast

← The Wealth Without Wall Street Podcast27 aug · 37 min

Why So Many Professional Athletes End Up Broke (And How to Avoid It) | Dan Brisse

Why So Many Professional Athletes End Up Broke (And How to Avoid It) | Dan Brisse27 aug37 min

What happens when a professional athlete’s career ends and then the income ends too? Dan Brisse saw his childhood heroes lose everything and used that as a warning to build a completely different financial future.

He spent nearly 15 years as a professional snowboarder watching fellow athletes lose their homes, cars, and financial stability after their careers ended. That forced him to think differently about money. Instead of waiting until retirement, Dan learned how to turn the income he earned as an athlete into assets that could generate cash flow and give him greater control over his future.

In this episode, Dan joins Russ and Joey to share how he went from buying his first rental properties to building Granite Towers Equity Group and investing in larger multifamily properties. He explains why he uses a clear investment “buy box” rather than chasing every deal that looks attractive.

Top three things you will learn:

-Why athletes need a financial plan beyond their athletic career

-How to evaluate a real estate deal before investing

-Why investment losses can become valuable lessons

About Our Guest:

Dan Brisse is the co-founder & Managing Partner at Granite Towers Equity Group and oversees operations, acquisitions, investor relations, and asset management.

As a professional snowboarder for over 13 years, Dan took home multiple X Games gold medals and was known as one of the top urban snowboarders in the world. His drive for excellence and success can be seen in Granite Towers' real estate portfolio.

Dan is also the co-host of the Keeping It Real-Estate Podcast and the co-author of 4 Steps to Successful Passive Investing.