How to Get Your Partner on Board with Real Estate Investing

Jessilyn and Brian Persson address a topic from their Riches, Relationships, and Real Estate program on today’s episode. They explore what happens when one-half of a partnership is not on board with real estate investing and why it’s beneficial to be a unified whole when dealing with your portfolio and goals. Jessilyn and Brian relate experiences that have given them personal insight into how best to approach real estate discussions with a hesitant partner, and conversation skills discussed in their Discover Define Design Framework episodes play a part. 

Real estate investment and wealth building are great opportunities for a couple, but if one or the other partner is hesitant or not on board, success and growth can be limited. Jessilyn and Brian experienced an imbalance in investment goals in their own marriage but overcame it and realized even greater growth together. The takeaways shared in this episode - have the conversation, normalize real estate investing, and get educated together - come from their understanding of how to communicate effectively and how to apply relationship skills and outside tools to bring the less-eager partner on board with real estate investing. 

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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 couples achieve their wealth goals.

Jessilyn Persson: [00:00:35] Our topic today is how to get your partner on board with real estate investing. We got approached by so many different couples at different conferences and even over Zoom asking us how we do it together.

Brian Persson: [00:00:50] Yeah, a common problem we see just about everywhere. Even people who are invested into real estate, we still get questions. And it's like, how do I get my partner on board with real estate? And they actually own investments.

Jessilyn Persson: [00:01:05] Yeah. So why is it important that your partner is on board with investing, as opposed to maybe it just being a solo mission?

Brian Persson: [00:01:14] Well, our personal story is that I resisted the real estate investing in the beginning.

Jessilyn Persson: [00:01:20] He did.

Brian Persson: [00:01:20] Yeah. And, uh, what happened? We were unable to buy. We were unable to buy what we wanted or perhaps what was a better performing portfolio. And then when we actually got on board with each other and we were on the same page and wanting to invest in real estate, our portfolio tripled basically in the course of a couple of years and became a lot easier as well. So it just increases your bond between the two people and the relationship ultimately will increase your overall wealth.

Jessilyn Persson: [00:01:53] Yeah. Another great thing about being aligned with your partner is it opens i