17
As Kyle well knows, the world can be full of pitfalls for young athletes with newfound financial freedom. “I want to keep them from ending up in an ESPN 30 for 30 about broke athletes,” he says. “Many of these guys are buying nice homes by the age of 22 or 23. That’s a big decision and a lot of responsibility.” To that end, he mentors young clients and educates them on the market, what they can afford, renting versus buying, how to invest in property, and other considerations. “The first two things I recommend are to put property in an LLC for security and privacy, because Florida is a public information state, and to homestead their primary residence so it isn’t vulnerable to a lawsuit,” Kyle says. “Here in Jacksonville, there are many considerations,” he explains. “First, it’s the largest city in America in terms of land mass, so I make sure they don’t end up on some lake 90 minutes away. Then, I help them choose the right home in the right location. For athletes in the public eye, that means somewhere safe and private, close to people they trust, with the right amenities, and easy access to the places they go.” Over the last several years, Kyle has helped numerous athletes close deals. In fact, he now gets calls and texts from players nationwide, many of them referred by other Compass agents. With so many opportunities on the horizon, in many ways Kyle Bosworth is just getting started.
“I recommend athletes place property in an LLC for security and privacy because Florida is a public information state.”
“I never dreamed that playing football could lead to such a great second career.”
Made with FlippingBook flipbook maker