How can I empower my partner?

How can I empower my partner?

Memphis, TN · Member since 2013 · 6 posts · 0 votes

Hey there,

My fiancé and I recently bought our first property, a triplex. I took the lead on this one, having read multiple books, listened to podcasts, attended REIA meetings, and met with investors.

I have a full-time job, which I don’t plan on leaving any time soon. She has been helping with the on-the-ground operations rehabbing the place. (It’s a steep learning curve)

I’ve been thinking of ways to empower her to become more of a 50/50 partner. I know she feels like I’m running the show.

What are some other real estate professions that could give her skills, knowledge and insight to our developing real estate business? Also, what is the best way to enter those fields? It seems redundant to just giver her the same resources I've been using. I’ve listed a few ideas below, but I’m sure I haven’t thought of everything.

Real estate agent (sounds easy to get into but spotty for those starting out)

Mortgage broker (I haven’t seen any job posts for this)

RE assistant

Leasing agent

Thanks for all feedback!

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  • Brandon TurnerPro Member
    Investor · Maui, HI · Member since 2009 · 13k+ posts · 3k+ votes
    13y

    Hey Eric Willliamson good question. I know, it was that way with my wife and I - where I took most of the lead early on. However, she now takes care of most of it. In my situation - she does the management, bookkeeping, and stuff like that.

    But maybe a first question is - does she want to do more? Cause there is nothing wrong with you doing 90% and her 10%, if that's how you like it. Especially since you'll be married.

    But yeah - If she were interested, I'd have her start developing a system right now for handling more properties, so when that time comes, you'll be prepared. In addition, she could work on acquisition for new ones?

    Thoughts?

    Also - don't forget a photo here on the site! :)

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