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Updated almost 7 years ago,

User Stats

33
Posts
4
Votes
Tianyun Zhang
  • Ypsilanti, MI
4
Votes |
33
Posts

How do you convince your that SO buying rentals is not gambling

Tianyun Zhang
  • Ypsilanti, MI
Posted

Hi BP,

I don't know if anyone has had the same issue. 

I think I have got enough knowledge and capital to buy my first SFH or duplex rental property, but my wife thinks buying rental properties is gambling. She doesn't want to get into another mortgage because she thinks all debts are bad. She's worried the tenants will sue us and make us broke. She's also worried the tenants are going to trash the properties..etc etc...

So how can I convince my wife that investing in rental property is not gambling and is a great way to financial freedom?

Thank you in advance!

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