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Updated 9 months ago,
Educating Spouse On Real Estate Investing
I can see the benefits of real estate investing and want to learn how to explain this to my spouse. How do I go about making this a great tool to lead to financial independence? My spouse sees the cash flow coming in but is also worried about the risks that come with it such as having a loan for a property rather than having it all cash/paid off. How do I instill confidence rather than fear of failure in a sense? Does anyone else have this scenario when trying to reassure their partner that this is the way to go? I am all for real estate investing and preparing our future so we can be financially stable from real estate and not have to rely on our W2 income to survive.
I have been investing for four years now and have a few properties under my belt. I think at this stage it is seeing the capex items pop up and kind of wash away my cash flow is where this may come up also. Overall, I have been on the positive side and I think just seeing the breakeven is where the worry comes from.