Al and Cam unpack the challenges and strategies for couples investing in property together. Key points include:
Unified Approach in Decision-Making:
- Both partners must participate in property investment discussions to align on goals and overcome doubts.
- OpenCorp has a strict policy of not engaging with individuals whose partners are not involved in the process.
Driver vs. Passenger Dynamic:
- In most relationships, one partner drives the decision-making, while the other may be hesitant or skeptical.
- Skepticism arises from internal fears (e.g., perceived risk, affordability) and external challenges (e.g., obtaining finance).
Overcoming Objections:
- Common objections include fear of debt, lack of time, skepticism about property markets, and misconceptions that investing is only for wealthy individuals.
- Education and understanding the process are crucial to dispel fears and build confidence.
Shift in Roles Over Time:
- Initially hesitant partners often become active participants after seeing positive results, even taking the lead on subsequent investments.
Affordability and Accessibility:
- The podcast emphasizes that property investment is accessible to everyday Australians and doesn’t need to significantly impact lifestyle if done strategically.
Call to Action:
- Couples are encouraged to learn, align, and work together to achieve financial goals, with the suggestion to listen to resources like the podcast for motivation and clarity.
Facebook: http://www.facebook.com/opencorp
Twitter: @OpenCorp_au
LinkedIn: https://www.linkedin.com/company/opencorp-au
Instagram: @OpenCorp
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