The Best Path to Passive Income? Rental Properties vs. Side Hustles
Summary
This episode of the BiggerPockets Money podcast explores the path to financial freedom through rental properties versus side hustles, featuring Kayla, a healthcare sales professional who recently purchased her first property with a private loan and faces a 5-year refinance deadline amidst economic uncertainty. The discussion covers strategies for offsetting a high-risk portfolio, building emergency cash reserves, and supplementing income with passive sources, emphasizing the risks and rewards of balloon financing and the importance of passion in pursuing side hustles.
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