Jessilyn and Brian Persson draw from their Riches, Relationships, and Real Estate program to talk in-depth about communication and initiating the real estate investing conversation with a partner. Ensuring partners are on the same page requires the sort of communication skills outlined in their Discover Define Design framework and is vital to the success of a real estate investment portfolio. But just as importantly, conversation is key to the success of the relationship between partners managing the portfolio.

The three takeaways providing the structure of this episode are 1) Discuss the resistance and fears a partner has about real estate investing, 2) Discuss what is desired as a couple, and 3) Design how to reach the goal on the same page with the same plan. There are a great number of facets involved with real estate investing, from understanding fears, accepting debt, where each partner’s strengths and passions lie, and the very practical aspects of forming a supportive team of lawyers, mortgage brokers, and realtors to assist in building the portfolio. The heart of success rests in conversations that outline what each partner will and won’t do and where different skill sets require outside help to bolster the portfolio. Jessilyn and Brian speak from personal experience and have the success and knowledge to offer foundational guidance.

—

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: [00:00:34] Today, we're going to talk about how to start the real estate investing conversation with your partner. One of the main reasons to do this, obviously, is so you are on the same page as your partner, and you can understand what each other is thinking and feeling.

Brian Persson: [00:00:49] Exactly. There was a point in our past where we were very much not on the same page and very much not having the conversation. So we've learned through our own bruises and problems inside of our relationship to have this conversation. And we want to share it with you to make sure that you guys can have the conversation earlier than later and get moving fast on your wealth.

Jessilyn Persson: [00:01:15] Yeah. And so today's three takeaways really follow strongly along the framework that we talk about in many of our different episodes, the Discover Define Design framework, but our takeaway, first one today, is to discuss the resistance and fears that you or your partner may have around real estate.

Brian Persson: [00:01:36] And takeaway number one is all about the discover part of our Discover Define Design framework, where you go into your emotions, you explore what's really under the surface and you maybe you don't want to face it. Maybe you don't want to admit it. But that's what this is about, is about trying to fi