I thought Multi-family Millionaire would help my wife

I thought Multi-family Millionaire would help my wife

Lender · Pasco, WA · Member since 2020 · 84 posts · 50 votes

I listened to the podcast and got inspired to buy the new Multi Family Millionaire book on audio.

It ended up having the reverse effect I expected.

My wife been preeeeetty apprehensive about the idea of REI, but she won't listen to the podcast because she can't get over Brandon's voice (no offense Brandon!). So when I heard about Multi-family Millionaire audiobook "performed" by a 3rd party, I jumped on it and have listened to 2 hours so far with her.

I was hoping that this would be the key to changing her mind, but there are so many horror stories and worst-case scenarios in the book so far that she mentioned it's making her even more turned off to real estate investing!

Did you have an apprehensive spouse?

What did you do to change their mind?

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  • Catskill, NY · Member since 2018 · 636 posts · 668 votes
    5y

    Do you have any smaller rentals right now or are you just getting into RE investing? Instead of jumping into a 10+ unit property, buy a 1-4 family to learn the basics. House hack if that's an option for you. That might help ease her mind and then you can slowly build from there. She doesn't have to be involved in the day to day, she just needs to be supportive enough to allow you to do it. 

  • Lender · Pasco, WA · Member since 2020 · 84 posts · 50 votes
    5y

    @Chris Szepessy we bought our first house a few years ago and I'm wanting to jump on REI. I keep finding what appear to be good (long distance) deals and when I casually bring it up, she immediately shuts me down with no second thought.

    House hacking would never be an option, her privacy is too important

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