Nickell Robey-Coleman making most of degree with real estate investments
Nickell Robey-Coleman is an NFL player first, but football isn’t the only thing he’s interested in. After going back to school and earning his degree from USC, Robey-Coleman is exploring other avenues of income and business.
His degree is in policy, planning, and development with a focus on real estate development. Even before graduating this month, Robey-Coleman got into the real estate industry with the help of his college advisors and professors.
The Rams cornerback owns eight properties spread throughout the country in Arizona, Colorado and Missouri. He’s a part-owner of those properties, but he says they’re “great locations.”
He talks about graduating from USC in the latest episode of “Behind the Grind” and went more in-depth about real estate with Myles Simmons of the team’s official site. The way he picked real estate development is quite interesting, but it definitely makes sense.
“Yes, my degree is in policy, planning, and development, and inside of that is real estate development. It’s something that I’ve been wanting to do,” he said. “I signed up for it from Day 1 when I enrolled at USC. So what I did was, before I picked my degree field, I looked up the top 25 Billionaires. And at that time — in 2010, 2011 — the top 25 billionaires had their hands in real estate development. They didn’t all get their degree in it, but that’s what they were doing. So I was like, ‘Well I’m going for real estate development.’”
Robey-Coleman says the curriculum was “tough, it was strenuous” but after settling in, he got the hang of it. eventually, it became fun for him.
“Once you get past the math part and all that, and actually get into the real meat and potatoes — like the land, and commercial real estate, and residential real estate — that’s when it got fun. So as time went on, the more fun my courses got,” he said.
Going to USC helped him develop the necessary skills and knowledge of real estate to discuss business aspects more easily. Essentially, once he took the necessary classes and learned about the field, people in the industry realized how smart and knowledgeable he was.
“It’s mostly the language. For instance, I’ve got eight properties. And before I even decided to be part owner in those properties, you’ve got to look at an analysis — a whole analysis, a pro forma. And at USC, that’s what they taught us to do,” he said. “So once the real estate guys were talking to me about these certain properties, I already kind of knew what was going on like with cap rates, how much something costs, how much something going to be worth in the future — I was already on that.
“And once I started speaking their jargon, they were like, ‘Oh, you’re already used to this.’ I was like, ‘Yeah, I do real estate at USC.’ So they were like, ‘Oh, OK, you know it’ — stuff like that. That’s where it became real cool because we were skipping over things that weren’t as important that they would explain.”
After football, Robey-Coleman is set up for success thanks to his degree from USC and his experience in the real estate field already. He knows the importance of planning for life after the NFL, which is part of the reason he went back to school.