IPs - who does all the work?

[sparky23]

I do everything, and always have. The wife has no interest in my property portfolio except to tell me I should sell some to make her life easier. Now she wants to spend $12,000 on another horse and I put my foot down and said no. (she has two already).

So she has given me the ultimatum that she will leave me if I buy another property.

I can't see this ending well.....

Wow maybe you should get in first and leave her, I mean how many horses can one person ride?

 

[cgw]

I do everything, he signs where I tell him to. I use tradies and we do the basic clean ups if needed.
After IP no 4 he knew I was serious and he now watches the Business Channel and lets me know whats happening in the share and housing markets; that is inbetween the fooball shows.

 

[Sheryn]

Yes, I to do most of everything related to IP's+ work.

• I select block - then by stealth get husband to view and agree.
• I organise paperwork & hubby signs.
• I organise finance.
• I speak to his financial planner, hubby went shopping with daughter instead.
• Hubby got a kiss on the cheek off Accountant today as so long since she had seen him.
• Mind you hubby did not want to go to appointment with Accountant. Can't you handle it - well gee whiz I am not the one who has applied for and been given redundancy and finished work yesterday.
• I organise for strata subdivision.
• I organise builder and request variances.
• I sort out problems, hubby is a marshmellow.
• Hubby does landscaping BUT never ever finishes it - I have too.
• The last build is the first time I have not laid turf ( I was off work sick for a week).

I do all the reading, asking questions & self education etc.

Yes - I get weary, but I visualise the bigger picture and hubby cooks tea most nights. Plus he 'trusts' me and accepts my mistakes.

Funny thing (and I am not complaining) - Accountant told us today we both have a tax bill for last year due to our (this is me again) share trading as I sold out of most shares last September.

I am lucky hubby let me TRY THINGS and supports me as I have a go.


Regards
Sheryn

 

[capitalEyes]

So she has given me the ultimatum that she will leave me if I buy another property.

I can't see this ending well.....

Only advice I can offer here is to hurry up and get your gearing above 100%