Getting My Partner (wife) Onboard
Tonight we passed on our first multi-family investment. The numbers look solid but after visiting the site, there are some obvious reasons why this wouldn't make a great "House Hacking" property. My wife is used to our neighborhood. Not high class but not sketchy. So now when we look at multi family properties that we could potentially own strictly as an investment properties in rougher areas, she is immediately out. I try to explain to her that certain areas are up and coming and investors in early make the big money. she said "what if you are out of town, and I need to bring the baby and fix a problem, I wouldn't feel safe here" And yes I explained the use of a property manager. How can I say no to that. I don't want her to feel in danger but I also don't want to miss great deals. Has anyone else out there had a resistant significant other? How did you get through it?