Ask Paula: I’m Recently Retired. Do I Pay Off My Rentals Or Buy More Real Estate?
Afford Anything
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How to Get $10,000 in Cash Flow Per Month
There are many ways of getting there. You could have 10,000 of net cash flow per month by owning as few properties as possible and paying them off as quickly as possible. Or you could have a net $10,000 cash flow permonth by owning many properties, each of which have mortgages on them. Oftentimes, the same people who want their rental properties to be as passive as possible are also people who don't want to put a huge amount of their own money into building out their portfolio.
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