All Forum Posts by: Jennifer King

I would try to find some shared vision of how real estate investing can improve your lives together, as a couple. Sounds like she isn't highly motivated by money, because she feels comfortable right now. Maybe share with her how having your own real estate business puts you guys *in control* of the money, versus relying on an employer to keep paying you? Or what about the security of having an income that doesn't require you to put in as many hours, as you start to get older and not have the energy to put in long work weeks at someone else's business? 

In any case, don't push too hard, as others have mentioned, because you don't want to create resentment. I'd work the "you catch more flies with honey than vinegar" angle of luring her into the business by making your excitement and vision contagious. 

And if that doesn't work, just accept that this is YOUR passion and you will just have to make the most of it without a partner. Many, many people do this as single folks, so don't let the lack of an involved spouse hold you back. 

Best wishes! 

Thanks, @Jeff Greenberg! I'd love to hear more about your turnkey experience -- do you still own it? Would you consider acquiring more? Or are you focused on the syndication deals from here on out? 

@Jeff Greenberg Nice reply! I am curious about you listing turnkey rentals as a more passive investment than private lending. Can you explain this to me? I would think that the "managing your property manager" aspect might keep one busier than overseeing a private loan. Have you had experience in both arenas? I ask all this because I am looking for passive investments and haven't made it past crowdfunding yet, but am open to other ventures in the future.

Thank you, @Julie Marquez! Appreciate that feedback! I will definitely have to check them out in addition to Vestus. 

Welcome, @Chris Ahlemann! Definitely find some local REIA groups to attend (there is a Networking Events option under the Community tab at the top of the BP site) and buckle in for the ride! And if you stay on the forums you will also find like minded local folks for sure. Best wishes!

I wanted to ask @Julie Marquez -- do you know how Caliber is different from Vestus? I haven't researched Vestus thoroughly, but know a couple who are attending their meetings for the purpose of acquiring a foreclosure property at some point. Thanks for any insight you have!

@Tim C. I just wanted to thank you for starting this thread. You verbalized so well the debate that has been going on within my own household. After getting on Bigger Pockets I got really excited to try some TK investing, but my husband really wants to minimize time and hassle, so we have started with CF instead. Well, we've pledged for the next Realty Mogul equity deal, anyway. No money has changed hands yet. 

I will keep learning about the more hands-on types of real estate investing such as rental properties, because I still have the notion that owning properties outright would be a good way of further diversifying our investment portfolio (beyond mutual funds and now CF investments).

Keep us up to date on your future choices! I'd love to hear if you ever pull the trigger on a TK. 

@Michelle Ho, check out @Ian Ippolito's website (link is in his comment, above) for more info on (1) how to vet these platforms and (2) the results of the many hours of vetting Ian has already done so far. 

@Bryan Grantham, nothing replaces the ability to meet someone in person, but I would guess that many of the crowdfunding sites have people ready to answer questions (by phone or email) about their various offerings. I know Realty Mogul does, and I know the owner of Real Starter will give you a call if you have any questions, and I'm sure many others do. So it's not just clicking and typing some online offering without the ability to ask follow up questions or get a sense of the people behind the deals.

Best of luck to you, @Joseph Odhiambo, as you consider your best investment strategies! There are lots of threads about crowdfunding on Bigger Pockets, so definitely read through them, as Ian suggested. 

Sounds like good advice from @Kyle J.! And I applaud you, @Mike Bowling, for planning ahead for tax implications before diving into your first investment. Best wishes as you learn and get ready for that first deal!

@Vincent Chen Building equity can definitely build your wealth, if you use other people's money (having a good rental property), or increase the property value in some way that doesn't cost as much as the value you added (for example, a rehab or remodel), or if you happen to buy a property that appreciates so that it is worth more than you pay for it. All of these are dependent on you selling the property for some higher value than what you paid for it. Your equity can go up and down depending on market forces, but it definitely a way to build wealth. 

Does this help at all? I am fairly new to real estate as well. Good luck to you!

@Cole Stumbough It is funny that way. :) Best wishes to you for continued success!