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All Forum Posts by: Nathan Braithwaite

Nathan Braithwaite has started 5 posts and replied 13 times.

Post: Wife is not on board... yet.

Nathan BraithwaitePosted
  • Rental Property Investor
  • Tulsa, OK
  • Posts 13
  • Votes 1

@Doreen M ODonovan. That is a good point to keep in mind if I cant sway her immediately to REI. Maybe I can have a little of both ways of thinking. Thanks.

Post: Wife is not on board... yet.

Nathan BraithwaitePosted
  • Rental Property Investor
  • Tulsa, OK
  • Posts 13
  • Votes 1

@Marc Winter. Thanks for the tips and encouragement. I do plan to push fairly hard for a fixer upper for our new home. I'll just have to be patient and make sure I run the numbers well and, as you said, the money & equity gained should speak for itself. If that still doesnt work, which it should, I'll look more into the other options you mentioned.

Post: Wife is not on board... yet.

Nathan BraithwaitePosted
  • Rental Property Investor
  • Tulsa, OK
  • Posts 13
  • Votes 1

I have always liked the idea of rental properties, but always thought it was out of my league. To make money, you must have money mentality. A couple months ago I stumbled onto Bigger Pockets via YouTube. I am hooked. I want to get started ASAP, but I have 2 problems; I am deployed in Iraq until August, and my wife is very conservative.

The deployment is a frustrating blessing due to the money I've managed to save, about $40,000. I now understand that money isn't necessarily needed to start, but it sure could help. I am an engineer and also have an OK job at home and great credit. I just need to continue to be patient and continue to learn. August will come.

My biggest challenge will be to get my wife on board. I've encouraged here to read Rich Dad Poor Dad, but she doesnt want to. She wants to move soon, so I suggested buying a fixer upper and doing a BRRR on it. I purposefully put only 3 Rs because we will live in it. She would rather pay the premium for a pretty house.

Has anybody else dealt with, and overcome this issue? What should I do?