How to Retire with Rentals in Just 10 Years (It’s Still Possible!)

Want to retire early ? You don’t need millions of dollars in stocks, retirement accounts , or cash to do it. You might just need a handful of rental properties . Today’s guest, Paul Novak , only started investing four years ago in 2021 , but he’s already nearly at his early retirement goal through rental property investing . He may only need one or two more rentals to fully retire in his mid-40s . Want to trim twenty years off of your working career? Follow Paul’s plan! After realizing that stock investing could only get him to retirement so fast, Paul knew he needed a better path to early retirement . He thought real estate could be the answer. The problem? This was 2021, where every house was going over asking and competition was steep. He finally got a deal done after previous ones fell through and found he was already making 10 times more money than his stocks were giving him. It became a no-brainer to repeat the strategy. Fast forward to 2025, Paul has five rentals , with seven units in total, and he’s nearly at his cash flow goal to retire from his job . He did it all through some very creative rental financing. One more rental could unlock the holy grail: early retirement, time freedom, and plenty of passive income . And this is just four years into his investing journey! In This Episode We Cover How to retire early in just ten years with boring, repeatable rental deals 401(k) loans , HELOCs (home equity lines of credit) , and other ways to fund your rentals Why interest rates don’t matter as much as you think they do How to run your numbers on rentals so you’re ALWAYS making money Why you don’t need a dozen or more rentals to reach financial freedom And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1123 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices