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Updated over 3 years ago on . Most recent reply

User Stats

89
Posts
135
Votes
Robert Williams
  • New to Real Estate
  • Joliet, IL
135
Votes |
89
Posts

How can I get my wife on board?

Robert Williams
  • New to Real Estate
  • Joliet, IL
Posted

So I have had some “brilliant” ideas in the past for paths to financial freedom and I must say they all went bust. Not necessarily because they were bad ideas, but because after all the work I put in, I came up with nothing. Enter Bigger Pockets, and I’m hooked. My wife listens to the podcasts as I drive, but when I start to talk to her about what’s going on in my head as it pertains to real estate, she’s stand-offish. I was showing her numbers from a few analyses, and she fell asleep😂🤣😂. She seems ok with the idea of “house hacking” but her thoughts on how it works are not on par with how it actually works, but doesn’t want to listen to me explain it. I have found several “deals” that meet my requirements as this will be my first property outside of our home, but without her on board I can’t pull the trigger. Any advice?

Most Popular Reply

User Stats

42
Posts
30
Votes
Doreen M ODonovan
  • Rental Property Investor
  • Aptos, CA
30
Votes |
42
Posts
Doreen M ODonovan
  • Rental Property Investor
  • Aptos, CA
Replied

@Robert Williams as for getting her on board, you'll have to use your basic negotiation techniques. What's in it for her? But you have to get her on board. The process never goes smoothly and she needs to be committed to that end goal. My husband and most everyone else I know thought I was insane for buying and STR. But he was fully on board by the time it came to review the options I picked out.  It's worked out great and I wish I would've bought 10 of them in 2019. The ROI isn't as good as it was then, but today it is probably better than it will be a year from now.  We're in escrow for a second one now. 

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