Miro has been redeeming his checks on real estate.
The man once known as Rusev had a prominent run with WWE before he was released in 2020. He went on to sign with AEW, where he won the TNT Championship in 2021. “The Redeemer” remains part of the AEW roster, but he has been preparing for his life after wrestling.
During an appearance on The Sessions with Renee Paquette, he described how he has been building up a portfolio of real estate properties. The powerhouse recalled how he realized the money he’s making as a wrestler won’t sustain him for the rest of his life, so he read Rich Dad Poor Dad by Robert T. Kiyosaki and Sharon Lechter to learn more about personal finance.
“It was about 2016 I think and I figured out, ‘Hey, this money I’m making from wrestling is not gonna be enough for the rest of my life. I gotta figure something else. I think it was about ‘15, ‘16 when I started calculating, I’m like man, I know people’s careers are and how much money I’m making and how much life is left. I was so glad for that rude awakening because I found “Rich Dad Poor Dad”. A book, have you ever heard of it? Robert Kiyosaki ? Fantastic book. He was an army veteran in Vietnam and then he came back and started with buying one condo in Hawaii and now he [owns a lot of] real estate.
“So I started listening to his philosophy, get out of the rat race, how to, you know, assets and all these kind of stuff you get to get broken down. He’s saying in America, nobody’s teaching you financial education. They’re teaching you go to school, get a job, do your taxes and blah, blah, blah. He’s like this is bulls—. This is how they want you to slave.”
Miro went on to describe how houses aren’t actually assets, as he learned in the book, and he recommended it so that people could have a better understanding about this side of the economy.
“We’re trying to buy houses right away but he’s like houses, this is not an asset,” said Miro. “What is the opposite of asset? A liability. It’s a liability because you’re paying every month, it doesn’t bring you any. But people think oh, a house is an asset, but it’s not. He explains all these things, it’s a free book. I highly recommend anybody go get it. There’s audio, there’s a written version. Read it and there’s a game that can make it a lot easier for you to understand, it’s called the rat race.”
He then recalled how he purchased his first property. When asked, he stated that he now owns 22 properties, and he used to get one each each pay-per-view check.
“I bought my first property, the same thing. I was listening, I bought my first property, cash for $85,000. I put $10,000 in it to renovate it. Now it’s worth a lot more. 22. I was buying them every pay-per-view paycheck at one point [laughs]. I like stuff, don’t get me wrong. I have my man cave, I have my video games, I have my Maserati, whatever. But that’s nothing at the end of the day. I need to buy something for the future that’s going to bring me money.
“Robert Kiyosaki says you’re gonna put in $10,000 or whatever car payment or if it’s costing you this, put it an investment that’s gonna return your money, then buy it. So eventually when you pay this thing off, this thing is still gonna keep bringing you money.”
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