Life by Design

Life by Design

por Jessilyn and Brian Persson

Our Top 3 Successes in Real Estate Investing

In this episode, Jessilyn and Brian Persson discuss their top three real estate investment successes, emphasizing the importance of just getting started and staying consistent with a plan. They share their journey, beginning with their first property purchase in 2009, and explain how continuous learning and skill development have been key to their growth. Despite early mistakes, which they share in the episode, they stress that patience, education, and a steady approach are crucial for long-term success in real estate investing. Listeners are encouraged to take action, even with limited knowledge at the start, and stick to a consistent investment plan. Jessilyn and Brian highlight the value of upgrading skills through books, podcasts, and networking events. They also share how teaching others about real estate has further enhanced their expertise. To help listeners get started, they have a free resource for couples to download from their website (see link below). Resources discussed in this episode: The 3 Mistakes that Keep High Achieving Couples from Building their Wealth, Freedom & Living a Life they Love -- Contact Jessilyn and Brian Persson | Discover Life By Design: Website: DiscoverLifeByDesign.ca Instagram: DiscoverLifeByDesign Facebook: Discover Life By Design Linkedin: Discover Life By Design -- Transcript:Jessilyn Persson: [00:00:09] Welcome to The Life by Design Podcast with your hosts Jessilyn and Brian Persson. We help couples fast track their financial growth by aligning their money mindset, developing transformative wealth strategies, and providing personalized guidance so they can confidently achieve a life of freedom and abundance together. Brian Persson: [00:00:25] With the growing need for couples to find alignment and invest confidently in real estate, we created the 'Riches, Relationships and Real Estate' program. Our goal is to support you in achieving your financial and relationship goals together. If you want to know more about what's stopping you from building your wealth, make sure to go to discoverlifebydesign.ca/wealth and download 'The 3 Mistakes that Keep High Achieving Couples from Building their Wealth, Freedom & Living a Life they Love'. Jessilyn Persson: [00:00:54] Today's topic, we're going to discuss our top three successes in real estate investing. We share openly and happily how we invest in real estate on all our podcasts, but today we wanted to share what successes we've had along the way and how real estate really just works for us. Brian Persson: [00:01:15] When we were putting together the notes for this podcast, I was thinking about what most people think is a success in real estate. It's usually along the lines of, I have this many doors, or I have this many million dollars in property, and we actually are going to take a little bit of a different tangent on that, because we do have a few million in real estate, and we do have a bunch of doors, but that's not really the success of how we really got about to be successful in real estate. Would you agree? Jessilyn Persson: [00:01:47] Absolutely. People will look at me and they were like, you own multi-millions in real estate? They just think, wow. It's like, if you only knew the 15 years and all the steps and mistakes we took to get here. Yes, it is 'wow', but it wasn't an overnight 'wow' or even a year 'wow'. So we broke it down into the smaller bites to say, what were our successes along the way? Our first takeaway wa

Top 3 Ways to Get Back Your Time

In this episode, hosts Jessilyn and Brian Persson explore the critical importance of reclaiming time to achieve both peace of mind and wealth. They discuss strategies like setting clear boundaries, learning to say no to unnecessary commitments, and delegating tasks to free up time for high-value activities. Drawing from personal experiences—such as managing business tasks and scheduling tenant viewings—they emphasize the power of taking control of your time and prioritizing what truly matters. They also share practical tips on using tools like Asana for task management and the 80/20 rule to ensure focus on the most impactful tasks. Jessilyn and Brian further highlight the significance of maintaining a balanced schedule, taking breaks to avoid burnout, and utilizing efficient meeting practices with clear agendas and time limits. Their advice encourages listeners to be intentional with their time, leverage external help when needed, and implement systems to streamline operations. Listeners will hear actionable steps for creating a healthier work-life balance and greater personal and financial success. Resources discussed in this episode: Gary Vaynerchuk Asana Parkinson’s Law -- Contact Jessilyn and Brian Persson | Discover Life By Design: Website: DiscoverLifeByDesign.ca Instagram: DiscoverLifeByDesign Facebook: Discover Life By Design Linkedin: Discover Life By Design --Transcript: Jessilyn Persson: [00:00:09] Welcome to the Life by Design Podcast with your hosts Jessilyn and Brian Persson. We support couples in achieving their wealth goals by sharing our journey of overcoming barriers to build our financial empire. Brian Persson: [00:00:21] Did you want to know more about what's stopping you from building your wealth? Make sure to go to discoverlifebydesign.ca/wealth and download our guide, 'The 3 Mistakes that Keep High Achieving Couples from Building their Wealth, Freedom & Living a Life they Love'. Jessilyn Persson: [00:00:38] Today, our topic is 'The Top 3 Ways to Get Back Your Time'. Everyone complains they never have enough time, they're too busy. So Brian, why is it so important to us to get back our time? Brian Persson: [00:00:53] I would say peace of mind, because if we're consistently overwhelmed with everything and we think that we never have enough time, our minds are not in a good state. So for us, it's important to have that free time for our family, for ourselves, for the people around us and not be consistently feeling like we're underwater. Jessilyn Persson: [00:01:14] So it's more proactive than reactive. And how does that play into wealth? Brian Persson: [00:01:20] It's a very important measure of wealth. The amount of free time specifically that you have, because everyone's got the same 24 hours in the day, but how much of that 24 hours is free time, and how much of it is time that you can do what you want with? If you can carve out more of that day to do whatever you want, then that is a sign of wealth. Jessilyn Persson: [00:01:43] Absolutely. So what is the first takeaway? It is setting boundaries, learning to say no, which was a big one for me, but to unnecessary commitments or distractions. You want to protect your time by setting clear boundaries for work, family, pers

3 Key Strategies We Used to Educate Ourselves on Real Estate

In this episode, hosts Jessilyn and Brian Persson share the three key strategies they used to grow their real estate business and how following these strategies can save listeners time, money, and avoidable headaches. It all starts with education. Both Jessilyn and Brian agree that education and real estate success go hand in hand. The more you know, the better the decisions you’ll be able to make. Takeaway number one is to pick an investment strategy and stick with it. Maybe you want to follow the BRRR method, or maybe you want to focus on multi-family residences. Trying to follow several investment paths can lead to confusion and overwhelm. Whichever strategy you choose, it should light you up and help you sleep well at night. Takeaway number two is to network with experienced investors. The best way to learn new tips and make lasting connections is to network with investors who have more experience than you. You never know when those relationships will provide rewards in the future. Takeaway number three: Invest in a program or hire a coach—often, they’re one and the same. Many investors make costly mistakes on their journey to success. By working with a coach or joining a program, you can learn proven strategies from experienced professionals, helping you avoid common pitfalls. Whether you're new to real estate investing or have some experience, a coach can save you time, money, and stress while fast-tracking your success. Resources discussed in this episode: The 3 Mistakes that Keep High Achieving Couples from Building their Wealth, Freedom & Living a Life they Love BRRR Method: Buy, Renovate, Refinance, Rent (Repeat) -- Contact Jessilyn and Brian Persson | Discover Life By Design: Website: DiscoverLifeByDesign.ca Instagram: DiscoverLifeByDesign Facebook: Discover Life By Design Linkedin: Discover Life By Design -- Transcript Jessilyn Persson: [00:00:09] Welcome to the Life by Design Podcast with your hosts, Jessilyn and Brian Persson. We support couples in achieving their wealth goals by sharing our journey of overcoming barriers to build our financial empire. Brian Persson: [00:00:20] Recognizing the growing need for couples to find alignment and invest confidently in real estate, we created the Riches, Relationships and Real Estate Program. Our goal is to support you in achieving your financial and relationship goals together. Want to know more about what's stopping you from building your wealth? Make sure to go to discoverlifebydesign.ca/wealth and download 'The 3 Mistakes that Keep High Achieving Couples from Building their Wealth, Freedom & Living a Life they Love'. Jessilyn Persson: [00:00:50] Today's topic is three key strategies we use to educate ourselves on real estate. So Brian, the takeaways that we're about to discuss, how do you think our lives would have been different had we actually utilized these takeaways before we got into real estate investing? Brian Persson: [00:01:08] Well, we'd probably be high fiving each other doing this podcast on a beach in some tropical destination. Jessilyn Persson: [00:01:15] I would be down for that. Brian Persson: [00:01:17] That would be one thing that's different. But you can't predict the future, that's one of the problems. The reality is, is that education and real estate are

How Small Consistent Habits can Shape your Wealth

In this episode, hosts Jessilyn and Brian Persson discuss how small, consistent habits can shape your wealth in surprising ways. They emphasize the importance of starting small habits and gradually increasing them over time. They share personal experiences of building habits, such as working out and journaling. These new habits feel initially challenging, but with discipline, they become easier and more natural. They also highlight the power of financial discipline, such as automating savings and investing first. Grant Cardone's strategy of investing every penny is shared as an extreme example of how discipline can pay off over time. Jessilyn and Brian also stress the impact of compounding effects, citing RSPs as an example where small, consistent contributions can grow substantially over time. Jessilyn and Brian have three key takeaways for listeners: start small, build discipline, and stack habits for compounding results. Following these three strategies can make all the difference in your finances, health goals, and any area of life where you want to make a change. Resources discussed in this episode: Download “Three Mistakes That Keep High-Achieving Couples From Building Their Wealth, Freedom, and Living a Life They Love” at DiscoverLifeByDesign.ca/wealth Grant Cardone -- Contact Jessilyn and Brian Persson | Discover Life By Design: Website: DiscoverLifeByDesign.ca Instagram: DiscoverLifeByDesign Facebook: Discover Life By Design Linkedin: Discover Life By Design -- Transcript Jessilyn Persson: [00:00:10] Welcome to Life by Design Podcast with your hosts Jessilyn and Brian Persson. We support couples in achieving their wealth goals by sharing our journey of overcoming barriers to build our financial empire. Brian Persson: [00:00:20] Recognizing the growing need for couples to find alignment and invest confidently in real estate, we created the Riches, Relationships and Real Estate program. Our goal is to support you in achieving your financial and relationship goals together. Want to know more about what's stopping you from building your wealth? Make sure to go to discoverlifebydesign.ca/wealth, and download 'The 3 Mistakes that Keep High Achieving Couples from Building their Wealth, Freedom & Living a Life they Love'. Jessilyn Persson: [00:00:51] Today's topic is on how small, consistent habits can shape your wealth. Small, consistent habits shape your wealth by leveraging the power of incremental growth, discipline and compounding over time. Our first takeaway is, keep it small and simple. That is the key. Brian Persson: [00:01:13] Keep it small and simple. Absolutely. I cannot count the number of times I have overwhelmed myself with trying to change too many things at once. Jessilyn Persson: [00:01:22] Yes. Or taking a big lofty thing and trying to make it happen tomorrow. Brian Persson: [00:01:28] Habits don't change overnight. They're exactly like going to the gym, you got to go and do the reps. You got to build that muscle day after day. Jessilyn Persson: [00:01:37] Great example for me, this isn't necessarily with wealth, but I work out every day. I have for as long as I can remember. And it's natural, it's a habit, it's normal to me. But then when I decided to start journaling and figuring out how to meditate, I struggled with that for

How your Belief Systems Affect your Wealth

In this episode, Jessilyn and Brian Persson dive into the belief systems we hold around money and how they directly impact our ability to create wealth. These beliefs are often ingrained in us from an early age, shaping our thoughts, emotions, and actions regarding money—either propelling us toward wealth or holding us back from it. They discuss how these belief systems are often inherited, not created by us. Influences from our parents, relatives, teachers, and early life experiences shape our views about money, many of which may not serve us today. Jessilyn and Brian emphasize the importance of regularly reviewing these beliefs, understanding that they can be challenged and reprogrammed to align with our personal growth and future financial goals. By reprogramming your mindset at its core, you can change your approach to wealth and wealth-building—an empowering process that Jessilyn and Brian guide us through, step by step. — Resources discussed in this episode: Download “Three Mistakes That Keep High-Achieving Couples From Building Their Wealth, Freedom, and Living a Life They Love” at DiscoverLifeByDesign.ca/wealth __ Contact Jessilyn and Brian Persson | Discover Life By Design: Website: DiscoverLifeByDesign.ca Instagram: DiscoverLifeByDesign Facebook: Discover Life By Design Linkedin: Discover Life By Design — Transcript Jessilyn Persson: [00:00:09] Welcome to the Life by Design podcast with your hosts Jessilyn and Brian Persson. We support couples in achieving their wealth goals by sharing our journey of overcoming barriers to build our financial empire. Brian Persson: [00:00:20] Recognizing the growing need for couples to find alignment and invest confidently in real estate, we created the Riches, Relationships and Real Estate program. Our goal is to support you in achieving your financial and relationship goals together. Want to know more about what's stopping you from building your wealth? Make sure to go to DiscoverLiveByDesign.ca/wealth and download the Three Mistakes That Keep High-Achieving Couples From Building Their Wealth, Freedom, and Living a Life They Love. Jessilyn Persson: [00:00:50] Today's topic is on how your belief systems affect your wealth. So your belief systems play a crucial role in shaping your wealth because they influence how you think, feel and act regarding money. If you believe that money is hard to come by like I used to, you might approach opportunities with caution or even fear, limiting your financial growth. On the other hand, if you believe wealth is abundant and achievable, you're more likely to take risks, seize opportunities, and make decisions that foster financial success. Ultimately, your beliefs about money can either propel you toward wealth or hold you back. Rolling in to take away number one, your belief system was given to you, not created by you. Brian Persson: [00:01:30] Right. We come from some personal development and a lot of experience where, you know, it comes from your parents, your belief system, and a lot of who you are comes from your parents. Jessilyn Persson: [00:01:42] And your upbringing. So your grandparents, your aunts, your uncles, teachers, your best friend's parents, whatever you watched as you grew up before you became an adult and were on your own. That is where a lot of your belief system

Why You Deserve To Be Wealthy

In this episode, Jessilyn and Brian Persson discuss why we deserve to be wealthy. One of the key points they make is that wealth is more than money. Money is a large part of it, but what we gain from wealth is more than financial. Jessilyn and Brian describe how they approached money before shifting their thinking versus how things changed for them later. The takeaways in this episode reflect their experiences. Wealth is a mindset. Shift it and everything around us will shift. Be intentional. There is always enough to go around. We need to be willing to give up something in order to be wealthy. One of the things they stress is opening ourselves up to seeing the money all around us. Identifying the wealth that is available in the world makes it easier to see pathways to earning more. Jessilyn and Brian’s "Riches, Relationships, and Real Estate" program guides the mindset shifts necessary to understand why we deserve wealth, what we can easily cut out of our budgets while preparing to earn more, and how life becomes richer in ways beyond money once we’ve taken the right steps. Tune in and prepare for an eye-opening conversation on the wealth available to us all. — Contact Jessilyn and Brian Persson | Discover Life By Design: Website: DiscoverLifeByDesign.ca Instagram: DiscoverLifeByDesign Facebook: Discover Life By Design Linkedin: Discover Life By Design — Transcript Jessilyn Persson: [00:00:09] Welcome to the Life by Design podcast with your hosts Jessilyn and Brian Persson. We support couples in achieving their wealth goals by sharing our journey of overcoming barriers to build our financial empire. Brian Persson: [00:00:20] With our extensive personal experience and increasing demand for couples seeking alignment to invest confidently in real estate, we created the Riches, Relationships and Real Estate program to help you achieve your goals. Jessilyn Persson: [00:00:33] Today, we're going to talk about why you deserve to be wealthy. We're going to dig in with our thoughts and perhaps what people think about when it comes to wealth and how it pertains to them. I mean, we believe you deserve to be wealthy because wealth is not just about money. It's about the freedom to live life on your terms, the freedom to pursue your passions and to create a legacy for yourself and your loved ones. Brian Persson: [00:01:01] And if you're willing to put in the effort and make smart decisions and take control of your financial future, then wealth is in your reach. As Jess said, we both believe that everybody deserves to be wealthy, and I think that leads right into our first takeaway, which is that wealth is a mindset. Jessilyn Persson: [00:01:19] Yeah. So the difference between those that are wealthy and those that are not is simply their mindset. And we know that because we've been on both sides of the fence. Brian Persson: [00:01:29] All kinds of stories we could tell. Jessilyn Persson: [00:01:31] And we will. So, I mean, we've been fortunate enough to never, like, go bankrupt, lose it all. But we, you know, we did choose to do some adventures and businesses and not have active income coming in. And our real estate supported us, which we are very grateful for. But we were redlining. We got to a point where we had to make some hard decisions and shift back in

Why Wealth Is Important

In this episode, Jessilyn and Brian Persson delve into why wealth truly matters, going beyond the common reasons like financial security, stability, reducing stress, and preparing for retirement. They highlight three deeper, often overlooked reasons for the importance of wealth: Wealth enhances relationships by alleviating financial stress and fostering better communication. Wealth offers freedom and flexibility in career choices, allowing couples to pursue their passions. Wealth enables the building and leaving of a legacy, shaping family impact and contributions to community and charity. Their "Riches, Relationships, and Real Estate" program is designed to align couples' relationship dynamics with wealth-building goals, emphasizing how financial well-being strengthens relationships, unlocks new opportunities, and creates lasting family legacies. Jessilyn and Brian's coaching guides couples through these transformative insights, offering practical strategies for reaching their wealth goals. Tune in to hear their expert take. — Contact Jessilyn and Brian Persson | Discover Life By Design: Website: DiscoverLifeByDesign.ca Instagram: DiscoverLifeByDesign Facebook: Discover Life By Design Linkedin: Discover Life By Design — Transcript Jessilyn Persson: [00:00:10] Welcome to the Life by Design podcast with your hosts Jessilyn and Brian Persson. We support couples in achieving their wealth goals by sharing our journey of overcoming barriers to build our financial empire. Brian Persson: [00:00:21] With our extensive personal experience and increasing demand from couples seeking alignment to invest confidently in real estate, we created the Riches, Relationships and Real Estate program to help you achieve your goals. Jessilyn Persson: [00:00:33] Today's topic is why wealth is important. There are numerous reasons to be wealthy, and we're going to talk about some of the more common ones before we dig into the gold. First and foremost, I think we hear a lot that financial security and stability, so if you're wealthy, you have that. And that's a big one. I know for me, you know, being raised without much money in our family, I watched how much we struggled and worked really hard for a lot of the things we had. So financial security was a big one for me. I knew I didn't, when I was a young teenager, I decided right then and there I was not having kids unless I could afford to have them. Brian Persson: [00:01:12] News to me. Jessilyn Persson: [00:01:13] Yeah. Brian Persson: [00:01:15] First I've heard of that. Jessilyn Persson: [00:01:16] Hence why I had a career before, like a really good career before I even met you. But no, I just remember watching my parents fight. And the only thing I recall them really ever fighting about was money. Brian Persson: [00:01:25] Yeah. Jessilyn Persson: [00:01:25] And so one day, I watched them fighting and I said, no, like, I, this isn't a lifestyle I want. I'm not having kids and raising kids that are going to just watch me fight with my partner over money. Brian Persson: [00:01:36] I had some of that too. My comfort level in growing up was probably a little bit higher than yours, but I remember around the time I was 18, just at the end of hig

Goal Setting, Your Blueprint for Success

Jessilyn and Brian Persson discuss the next step in the Riches, Relationships, and Real Estate journey: setting goals. Success comes from setting clear, specific goals rather than lofty ideas or vague dreams. By defining step-by-step objectives, you can progress toward your larger ambitions. If your goal is to be rich, break it down into a specific figure and reverse-engineer the steps needed to achieve it. Through their own journey, Jessilyn and Brian have identified three key takeaways for goal-setting success: Start with the end in mind Ensure goals are SMART (Specific, Measurable, Achievable, Relevant, Time-bound) Take action Jessilyn and Brian explain what a SMART goal is, providing examples from their steadily growing business and real estate portfolio. They demonstrate how each step of a SMART goal should be tightly focused on the individual actions leading to overarching success. Their experience and knowledge offer detailed insights, laying out a blueprint for investing success that anyone can follow. They understand the journey ahead for potential real estate investors and are here to help. — Contact Jessilyn and Brian Persson | Discover Life By Design: Website: DiscoverLifeByDesign.ca Instagram: DiscoverLifeByDesign Facebook: Discover Life By Design Linkedin: Discover Life By Design — Transcript Jessilyn Persson: [00:00:09] Welcome to the Life by Design podcast with your hosts Jessilyn and Brian Persson. We support couples in achieving their wealth goals by sharing our journey of overcoming barriers to build our financial empire. Brian Persson: [00:00:20] With our extensive personal experience and increasing demand from couples seeking alignment to invest confidently in real estate, we created the Riches, Relationships and Real Estate program to help you achieve your goals. Jessilyn Persson: [00:00:33] Today's topic is setting goals for success. So why have goals? It's so you can strive towards something and have something to measure against. Brian Persson: [00:00:45] Mhm. It's like if you were on a map and you didn't know where you were and you didn't know where you were going, that would be the same thing as not having a goal. But if you have a goal, then you can locate yourself on the map, you can locate where you're going, and then you'll also know exactly how much materials or gas or money or whatever it might take to get to where the other destination is. Otherwise, you're just wandering around aimlessly. Jessilyn Persson: [00:01:15] Yeah. It's like you're risking living life by default. Brian Persson: [00:01:18] Yeah, yeah, I think a lot of people have goals, air quotes, goals. But the goals are really just kind of hopes, dreams, maybe a little bit of intention or some skills that they have and they're moving towards something, but it's not really defined. And that's a life by default. It's kind of happening to you instead of you happening to life, you being intentional about your life. Jessilyn Persson: [00:01:46] Yes. And so takeaway number one is to start with the end in mind. Brian Persson: [00:01:52] What was your start, initially? Jessilyn Persson: [00:01:56] I, when I got the first set of keys on our first rental property, I decided I wanted to buy a new property every two years. Bri

The #1 Way to Destroy Your Wealth

Jessilyn and Brian Persson have spoken about how to earn and increase wealth in previous episodes, but what advice do they have for avoiding the loss of wealth? In this episode, they examine the number one way that couples can destroy their wealth: divorce. Divorce is a sure-fire way to half your wealth at best, and probably lose more. Conversely, though, the number one cause of divorce is money issues. So how can this costly failure be avoided? Jessilyn and Brian have three takeaways to solidify your relationship and your wealth partnership. Start the conversation Define what wealth means to you, your partner, and each other Design a path to get to wealth Conversation and communication have been a through-line in every episode of Life By Design. Jessilyn and Brian lay out the foundational elements for forging a solid partnership in the first episodes which include ways to start healthy communication habits that benefit relationships long-term. In the instance of finance, their advice is to talk to each other about wealth and wealth goals. Define what you want, what wealth means, and how you would prefer to get that wealth. This episode encourages doing the hard work early to avoid the even harder work of salvaging things later. Once you can communicate clearly about financial goals, you have a path on which to embark together. Take it from Jessilyn and Brian, who have walked this same path and are now here to guide you. — Contact Jessilyn and Brian Persson | Discover Life By Design: Website: DiscoverLifeByDesign.ca Instagram: DiscoverLifeByDesign Facebook: Discover Life By Design Linkedin: Discover Life By Design — Transcript Jessilyn Persson: [00:00:09] Welcome to the Life by Design podcast with your hosts, Jessilyn and Brian Persson. We support couples in achieving their wealth goals by sharing our journey of overcoming barriers to build our financial empire. Brian Persson: [00:00:20] With our extensive personal experience and increasing demand for couples seeking alignment to invest confidently in real estate, we created the Riches, Relationships and Real Estate program to help you achieve your goals. Jessilyn Persson: [00:00:32] Today's topic is the number one way to destroy your wealth. In our podcast we talk a lot about how to create wealth, but we never talked about how to preserve wealth. So in this episode, we're going to discuss the number one way you can destroy your wealth. Brian Persson: [00:00:47] Mhm. And the number one way to destroy your wealth is divorce. And interestingly enough, the number one reason for divorce is disagreements over money. So I'm going to start right in with a story that came from a real estate conference that we went to, and we met a billionaire there, he was one of the speakers, and he got divorced. And his number one piece of advice was choose your partners wisely, because half of a billion is not a billion. Jessilyn Persson: [00:01:16] That's right. Brian Persson: [00:01:17] Yeah. So divorce effectively leaves you with an absolute maximum of half of what you had. And it's probably going to leave you with less. So. Jessilyn Persson: [00:01:27] Correct. So if you're a millionaire and you get divorced, you are no longer a millionaire. Brian Persson: [00:01:32] Mhm. And I looked up some statistics from StatCan and StatCan indicat

How Collaborative Learning Lays the Foundation for Success

Jessilyn and Brian Persson discuss the benefits of getting educated alongside your partner for real estate investing success. Collaborative learning provides the foundation upon which an investing portfolio is built. There is a lot to consider, from how each partner views money and the mindset they grew up with, to what type of real estate investing each partner is prepared for and can support with initial capital. Jessilyn and Brian dive into the details of what to learn before making the leap. Their advice on collaborative learning falls into three key takeaways from the episode: Define your objectives for investing in real estate. Understand the ways to make money in real estate. Decide which investment strategy will work for you and your partner. They ask the hard questions about how each partner views money and wealth, how far into the future the wealth is expected to manifest, how hands-on each partner wants to be, and which investing options a relationship can withstand in terms of work and initial capital output. Jessilyn and Brian talk about the many ways a couple can learn together, some without even setting foot outside the house, and why they’re important. They guide listeners to consider various real estate strategies such as fix and flip, hold and rent, renovate and refinance, turnkey, wholesaling, Airbnb, and more. Jessilyn and Brian share their lived experience and knowledge to help you and your partner lay the foundation for real estate investing success. — Contact Jessilyn and Brian Persson | Discover Life By Design: Website: DiscoverLifeByDesign.ca Instagram: DiscoverLifeByDesign Facebook: Discover Life By Desig Linkedin: Discover Life By Design — Transcript Jessilyn Persson: [00:00:09] Welcome to the Life by Design podcast with your hosts Jessilyn and Brian Persson. We support couples in achieving their wealth goals by sharing our journey of overcoming barriers to build our financial empire. Brian Persson: [00:00:20] With our extensive personal experience and increasing demand from couples seeking alignment to invest confidently in real estate, we created the Riches, Relationships, and Real Estate program to help you achieve your goals. Jessilyn Persson: [00:00:33] Today's topic is about collaborative learning and how it lays the foundation for success. So we're going to delve into getting educated in real estate together, which will help align your objectives and strategies. We all grew up with some form of understanding in the finance or lack thereof, and what that means. And when you get together with your partner, you may have come from very different backgrounds and have very different understandings. But when you're going to choose to build your wealth and your portfolio together, you want to make sure you have the same understanding, strategies, objectives. I mean, if you look at our history, I grew up on a farm, I know we speak of this before, and it was kind of simple. You buy a house, you have your mortgage and you pay it off, and then you work hard to pay your bills and then you just kind of live. And that's how I grew up. Brian Persson: [00:01:25] Yeah. And farmers as, most people know, aren't exactly the most money savvy of people. I have farmers in my family too. And listening to their financial conversations about how to keep the farm afloat is something. Yeah, but I grew up with an accountant for a father and a banker for a mum. So
4 de 6