Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

64
Posts
7
Votes
Andy Wu
  • Rental Property Investor
  • Columbus, OH
7
Votes |
64
Posts

How to get my wife involved more

Andy Wu
  • Rental Property Investor
  • Columbus, OH
Posted

I bought 9 rentals in last two years. 8 of them are single family house in good area. In average it meets 1% rule.  Now I have 10 loans on my name, my wife do not want any loan on her name. I already told her that I will take care all the management work. I just feel frustrate that I am paying higher rate due to her refuse to apply the loan. Now the problem is even worse as I am hitting the threshold 10. The next one need to be portfolio loan, that means even more reserve and higher rate.

How to persuade my wife to involve more and eventually agree to apply loan on herself.  She usually says she is too busy to read a book or a podcast.  She enjoy surfing the internet reading news but not book and seminar.  What should I do?

Most Popular Reply

User Stats

1,003
Posts
1,043
Votes
Owen Dashner
  • Lender
  • Omaha, NE
1,043
Votes |
1,003
Posts
Owen Dashner
  • Lender
  • Omaha, NE
Replied

You are going to have to eventually look at portfolio/commercial loans/private money anyway if you keep growing, why not just do it now and accept it as the cost of doing business.  Like Dawn mentioned, you can't make somebody enjoy doing something just because you do.

Maybe she will come around in the long-term, maybe she won't.  But there's no sense in risking resentment from your wife when you have other alternatives available.  

Remember: Happy wife = Happy life

  • Owen Dashner
  • Loading replies...