Looking for some advice

[Morgan McConnell]

Hey guys. I'm looking for some advice. I have been reading about real estate investing for the past ~6 months and I really want to jump in within the next year. My wife and I currently have about 60k debt (mostly car notes and some credit cards, not including our primary home) and not much saved (we've been aggressively paying it off). I'm expecting a 20-25k bonus later this year and I would like to use that to get into flipping to pay off our debt and then build up some capital so that I can get into doing BRRR's. My wife is totally against investing the money and thinks we should pay off all of our debt (minus the house) before investing. I think that through flipping, I'll be able to get us out of debt fast and achieve financial independence a lot sooner. Do you guys have any advice on how to put her mind at ease? Or I should I go with her advice and get out of debt first?

[Marc Winter]

Here are a few 'rules' for real estate investing:

1.  Do not JUMP in--wade in slowly.

2.  Be prepared for the unexpected.

3.  Happy wife, happy life.

4.  It's all about who is looking:  What you see:  opportunity to do your thing, get out of debt and be a hero!  What she sees: a big gamble that you claim with one more throw of the dice  you'll win big.  She needs security.  

5.  If still in doubt, refer back to rule #3.