All Forum Posts by: Carla Faith

In your experience, how has real estate investing affected your romantic relationships? Would love to hear some positive stories!

1. - Did you or would you buy an investment property if your romantic partner didn't want to?
2. - What level of involvement does your romantic partner have in your investment properties?
3. - Did you have to convince them to come along for the ride, or did they convince you?

Here's my situation, for context:

I'm 32 and a recent returnee to the Philly area where I grew up. I moved back to be with my momma during her final months. She died in March, and left her 6 adult children with an unexpected and sizable inheritance. It's not Retire in Your Thirties money but even after the tax man cometh, I have plenty to invest. Based on things she said to us in her last days, I believe my mom's wish for me and my siblings is to create generational wealth or start family businesses—which will be, in a way, her gift to the grandkids she will never get to meet.

Well, my husband is pretty against the fixing/flipping/renting game, citing our inexperience and the risk involved. Meanwhile, I'm setting up property tours and meeting with lenders next week. The possibility that we could get a high ROI is motivating of course, but I'm also excited to get my hands dirty too.

I've assured him that I'm embracing this venture with humility and won't insist on buying a hellscape gut reno that would sink us financially just to prove a point. But I'd like to dive in deeper and let the experts advise us on what to do or not do. 

So, yeah, I'm not quite ready to simply drop my interest just to make my husband comfortable right now. The thing is...I love and respect him and he's brought up sound reasons for why we should be wary. Nonetheless, if a good opportunity presents itself, and he still ain't feeling it, do I let it go? My money is his money. My debts are his debts. Or is my thinking all wrong here?