Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term.

And now here's your host, Marco Santorelli.

Hello my friends and welcome to another episode of Ask Marco,

where I answer your investing related questions.

Today's question comes from Jorge. And writes and says Marco I have one shot to convince

my wife that investing in passive income with a turnkey out of state situation

will work I have 75,,000 to invest. We have paid off our home and ready to retire in a year or two.

She sees getting into debt now is too risky. I've listened to a lot of your podcast. I understand the process.

We own a nice California rental, free and clear, worth $550,000. Again, no debt.

What deal on a B-class property with good cash flow, low-debt ratio could work in your system?

Looking forward to hear what you come up with.

Well, Jorge, thank you for the question. First off, I emailed you and your

investment counselor and I will let him reply to you about the many different B-class properties that we have that will

generate cash flow in a very positive rate of return for you. That is not what I'm

going to address on the show here.

What I would like to address is just your general question here about good debt versus bad debt,

risk tolerance and your wife.

Now I can't help you with your wife but I can give you some

suggestions. So I'm sure there are many people by the way that have this situation

where their spouse is maybe averse or doesn't completely understand investing in general, let alone

real estate investing and the ability and power that it brings to you as far as being able to liberate yourself and create financial freedom because if you have enough passive income you are financially independent and that brings freedoms along with it.

So here's what I'm going to suggest and comment.

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