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
Texas Real Estate Q&A Discussion Forum
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 over 5 years ago on . Most recent reply

User Stats

1,739
Posts
399
Votes
Anthoney Hanks
  • Real Estate Broker
  • Forney, TX
399
Votes |
1,739
Posts

Getting Family on your side

Anthoney Hanks
  • Real Estate Broker
  • Forney, TX
Posted

in being my first investment adventure, I thought everyone in my family (wife, daughter and son-in law, even my parents) could see what an incredible opportunity this was. My wife love HGTV. Everyone said they would love to do something like that. But when I finally made the jump, it was full on court press. They could not see the vision. 

Do not get me wrong, they have helped me. But they lost interest quick. Spending weekends doing the work did not last long. Other things took priority.  Through it all, my wife has been great about it even though she did not want to do it. I drug her along. 

Thing is I wanted a legacy for my family but I am the only one at this point. I have to learn better ways to accomplish this without the need for help from family. I find I need to communicate more and better with my wife. My decision affect her. That is on of my goals this year to improve. 

I would love to hear of others who have been through similar situations.

Most Popular Reply

User Stats

5,238
Posts
2,193
Votes
Ronald Rohde
#3 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
2,193
Votes |
5,238
Posts
Ronald Rohde
#3 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
Replied

I think it has to be something you handle on your own (or with investor community!) my wife acknowledges the benefits, but would rather have a larger nest egg or S&P liquid investments vs. commercial real estate, so I basically have to double up savings before firing away.

Bottom line, have to communicate and decide on a compromise investment strategy that is sustainable for the long term. Don't resent your spouse for not sharing your vision, I imagine they sacrifice a lot of other things for the family and shouldnt be expected to also spend weekends painting, driving to HD, etc.

  • Ronald Rohde
  • Loading replies...