Ask Paula: I’m Recently Retired. Do I Pay Off My Rentals Or Buy More Real Estate?
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How to Make Money on the Side as a Side Hustle
The coast-fai strategy of compounding houses is like a starter culture. You put in that energy upfront, you start the flywheel and then let it continue to spin. And so after you acquire at a rate of one property per year, you do that for, let's say, an additional six more years. The drawback is that it takes 20 years to own 10 properties, free and clear. That is the residual income approach. It can be done on the side as a side hustle while balancing a full time career.
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