4 Real Estate Side Hustles You Can Use for Passive Income in 2024

Transitioning

Devon Kennard shares his journey of transitioning from the NFL to a new career path. He emphasizes the importance of planning for life beyond sports, especially given the short average career span in the NFL. "Even if I play for a few years, that money has to sustain me for a long time, or it has to kind of, like, propel me into whatever I'm gonna do next," he explains 1. This foresight led him to explore opportunities beyond football, including writing a book to share his insights and experiences 2.

   

Strategy Evolution

Kennard's investment strategies evolved significantly over time to align with his changing financial goals. Initially, he focused on accumulating rental properties and investing in syndications, which provided passive income streams. "I think understanding where you're at and what you need is really important," he notes 3. Over the years, his mindset shifted from spending to investing, reflecting a broader trend among athletes to focus on financial planning for life after sports 4.