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Updated over 10 years ago on . Most recent reply

User Stats

180
Posts
80
Votes
Ceril S.
  • Rental Property Investor
  • Ithaca, NY
80
Votes |
180
Posts

Perceptions of family and friends

Ceril S.
  • Rental Property Investor
  • Ithaca, NY
Posted

Ok so this is really neither here nor there but it's on my mind. 

How do you deal with family or friends perception that if you own an investment property you "must be rich" mentality.  We are seriously thinking that it may be best to never tell our families but I think that may be weird.  I'm not usually one to complain about things even if it is tough.  My parents always expected us to be the ones to pay for things before (you go out for lunch and no one makes a move to chip in) so I'm thinking that the attitude will just be intensified.  

Anyhow, wondered if anyone else here has this issue and how you deal with it.

Most Popular Reply

User Stats

308
Posts
94
Votes
Chris Vail
  • Investor
  • Sacramento, CA
94
Votes |
308
Posts
Chris Vail
  • Investor
  • Sacramento, CA
Replied

Sorry I should have clarified. I see these people in the same light, uneducated about the truths of REI. Changing their mind in either case requires knowledge about the reality of the situation and generally people don't like to change their perception of reality, even if it is wrong.

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