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Have you ever encountered naysayers when you talk about your real estate goals? If so, you’re not alone. We hear from investors all the time who hear negative opinions, horror stories, and limiting beliefs—particularly from their own relatives!
On this episode of Investing in Real Estate, Natali and I are discussing how to combat negative family members. We’ll talk about the biggest arguments and objections you might face, and how to respond. Please join us for episode 154 of Investing in Real Estate!
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Particularly if you’re just starting on your real estate journey, you won’t have all the answers, and that’s okay. But if you want to share the things you’re excited about with people in your life, you might encounter a “negative nelly” or two along the way.
Oftentimes, these naysayers have an anecdote to share. And typically, it has to do with terrible tenants. This is why we work with property management teams! They screen the tenants, and find a great, responsible person to live in your home. And if a problem does arise, you won’t be the one fielding the phone calls.
The first tactic we have to offer is to try spending some time educating that person. If you can explain to them the smart, slow, and steady approach to investing, they might be able to understand your situation. You can also point them to resources, such as this podcast.
An alternative is to ignore the naysayer altogether. Just go out there, and pursue your investing goals. Soon enough, you’ll be making passive income, and they’ll be left scratching their head.
On today’s show, we’ll talk more about combating anecdotal objections. We’ll discuss assumptions, skepticism, and how to educate others about rental real estate. Don’t miss this episode of Investing in Real Estate!
If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.
On this episode you’ll learn:
- How can you start a conversation with relatives about retirement?
- Where does skepticism come from?
- What should you do if you’re married to a naysayer?
- How can you determine when to engage vs. ignore an objection?
- And much more!
EP073: How to Get Your Spouse on Board Your Real Estate Journey
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