Show088: How to Get Your Spouse on Board With Investing in Rental Property?

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Getting Your Spouse on Board with Investing

It's the final show of our week long podcast blitz bringing you some of the biggest questions, challenges and obstacles that are coming out of our awesome RentalRookie Community.

In this episode of the podcast, we were asked a pretty common questions we hear among newbie real estate investors: how do I get my spouse on board with investing in rental property?  It's no surprise that when many people, including couples, get started down this journey, one of the pair is not as in to the grand idea as the other.

That was definitely the case for Kirk and me.  Kirk was ready to jump right in, with his finance and mortgage background.  Me, on the other hand, I was not so excited about it and couldn't wrap my head around what the concept actually meant for us financially.

It definitely took some creative thinking on his part and patience and eventually I came around.  And we've seen that happen with others in our community.

Kirk and I share some tips to consider when trying to get your spouse on board to hopefully bridge the gap between the two perspectives.

 

 In the show we discuss:

=>know when to approach your spouse at their most open time of speaking (me in the morning)

=>finding something in the process that they enjoy and have them focus on that

=>the importance of having a supportive spouse, even if they're not interested in being hands on in the investing itself

=> and more...

Links Mentioned in the Show

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