Sometimes the biggest obstacle to buying a rental property isn’t finding real estate deals, or funding them, but getting your significant other on board! This is a major barrier for many new investors, and today, we’re helping you break through that barrier. In just a few months, your partner could be a full-fledged real estate rookie, too!
Welcome back to the Real Estate Rookie podcast! In this episode, we share our five-step framework for getting your spouse on board with rental property investing. Don’t have a significant other? Use this blueprint to pitch real estate investing to a friend, family member, or coworker and form an investing partnership!
We show you how to identify the long-term goals you have in common and connect them to real estate. You’ll also learn how to not only address any worst-case scenarios so you come across as competent and confident but also involve them in your plan. Whether your potential partner is completely opposed to the idea, cautiously supportive, or nearly ready to jump in, we’ll help you move them across the finish line!
In This Episode We Cover
Five steps to getting your spouse on board with real estate investing
The number one reason why your partner won’t invest with you (yet!)
The three responses investors usually get from their non-investing partners
Three small steps that will involve your spouse in your investing strategy
How to form a partnership with a spouse, partner, friend, or family member
And So Much More!
Check out more resources from this show on BiggerPockets.com and www.biggerpockets.com.
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