Helping 15 year daughter buy first house. Wife’s not a fan

[Jason Graves]

Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k.

The house will rent for $1500 to $1700 per month.

I'm teaching my daughter how to create a monthly budget and will set up a separate checking account via a LLC to handle the cash flow. She will be responsible for maintenance and paying all the bills.

She will need to learn how to make a punch list of things to fix and find contractors out of state. We close in 30 days so it’s going to be a crash course.

My question is how do you handle a wife that does not like real estate? The wife thinks she’s to young and does not need the stress.

Btw I have purchased over 95 multi-family units in the last 30 months along with a 80 pad mobile home park last week....