- If you've already identified a property, reveal your worksheet and how much you stand to make off that property.
- Agree with your spouse NOT to take on too much risk. Set your boundaries together. I assure you that you'll easily revisit these the first time you bring home a large check.
Fear that you don't have the knowledge
- Be sure you are well studied! Remember, knowledge comes before the money! Spend the money on a good course, or book. Don't rely on just one. Get several author's take on the subject. There are inexpensive ways to do this!
- Explain that you have studied this thoroughly. Heck, you've got a head full of knowledge that needs to be put into action in order to move forward.
- Agree with your spouse. That's why you are tapping into the knowledge of those real estate professionals around you! Explain who's on your team, and what they have to gain from you. Remind your spouse that you are tapping into the knowledge of those around you, those that know your area very well.
When your spouse comes around and is resigned that you are going to do this, they may:
- Sign on and dig in beside you for the deal and what follows (throw total support behind you).
- Flatly say, they don't agree, but if you must...
- Something in between, like "Honey, you do whatever you think is best."
This last possibility is what I predict will happen to most. This allows your spouse to give you the room you need, but at the same time not completely |
