So you want to invest in real estate but your spouse is feeling uncertain. You are not alone! Couples often don’t see eye-to-eye on the decision to invest in real estate. One way to convince your significant other is to be prepared with hard data, such as the return on your investment for a rental property. Second, explain how you can use the expected rental income for your regular expenses like your mortgage payment or college tuition. If you come to the table well-prepared with the realistic upside of your real estate investment proposal, it will be hard for your spouse to say no.
- Stock and bank investments are not as safe as most people believe them to be.
- The fees that people pay on their investment accounts add up over time.
- Read the book Rich Dad, Poor Dad to show your spouse how real estate investing works.
“I would wager there is usually a conservative investor in each partnership that feels this way.”