Topic: Marriage mean double your passive income, rental property mean double your passi - page 3. (Read 885 times)

I was waiting for someone to mention this and there you finally are. I completely agree with you regarding this and perhaps OP forgot this part of rental properties and reality in general. No business or investment goes well without effort and maintenance. Earning a lot of property means higher taxes, bigger responsibility, and a lot more money needed for the maintenance of each house or rental property. Perhaps this is why a lot of rental properties are now transitioning to short-term rentals or even Airbnb, the maintenance can be too much as tenants move in and out frequently which in turn guarantees lesser wear and tear on the property.

Nevertheless, it is obvious that OP is only focusing on the excessive positive side of rental properties and has lost ground on reality.

Exactly. The part of the problem lies with linguistics, we slap the same term ("love") on two different feelings that are distant to each other (short-lived lust Vs. long-term bond).


Meaning you would be happy to position yourself as a "gold digger" and marry someone just for their wealth and to live in luxury? If so, that's sad. Putting consumption as the top value of your life will backfire badly most of the time.

Just like we think about our future rich people also think about their childrens future. Its not like that they have their children relationships with everyone,but they always prefer relationships between their rich people. I have seen many people who have married people who are richer than them and they are living their lives in luxury because of these rich people. So there is no harm in having relationships with rich people to make yourself financially stable. For those who adapt themselves to all kinds of situations, there is no problem in marrying such people. So in my opinion, if there is an opportunity, it should be taken.

As you so beautifully described a foundation as robust and unyielding, it deserves further contemplation. Many agree that a foundation, whether in relationships or finance, should be strong and sturdy. In theory, it should survive many stresses and forces without losing stability or integrity

Your observation that “falling in love” may not be the best basis for marriage, especially financially, is astute. Marriage involves both emotional and economical components. That's right. Thus, entering into such a relationship should be done with caution and foresight to ensure that the basis is not founded on ephemeral feelings but on something more lasting

Isn't real love, which evolves and solidifies, like financial stability and prosperity? It goes through life's ups and downs, victories and hardships, abundance and scarcity. Thus, when a partnership based on mature love and shared values has financial obstacles, it should strengthen the resolve to overcome them

It depends on what kind of rich family you marry into, because not all rich people look at wealth when marrying their child to someone else. However, actually marrying someone who is much richer than us will feel uncomfortable because if we don't have a much bigger opinion than him it will make us have no self-esteem, especially since our partner is a career woman. The essence of marriage is to build a happy household and a partner is willing to accompany us in building financial strength together, not just wanting to enjoy the results after achieving great success.

Therefore we don't have to marry rich people or vice versa, but we have to look for a partner who can accept each other's shortcomings. Building finances with your partner is much better because we will encourage and pray for each other. If a partner doesn't want to do that then that partner is not worth keeping because he will never be willing to live from scratch with us.

if only its all that rainbow with rental properties, the truth is, as a landlord someone would also need to think to mantain building if they rented a house to someone.
also the fact that there's no guarantee there's gonna be someone renting our house if we have the property. there are so many people with the same thoughts process, the only benefit is if we become landlord in a country with unaffordable housings like what happened in canada then it will be beneficial. because the economics seem to side on the landlords.
otherwise, despite the profit, sometime, there's just many problems needs to be solved.

What if one has a spouse with significant property assets and generates substantial passive income? It may seem like a tempting prospect for a gold digger. However, a man who enters a relationship solely because of his wealth may find it challenging to discover true love, as a love triangle often emerges in such relationships – between the man, the woman, and the money.

True love is crucial, where a partner remains committed, even when one is sick or facing hardships, helping them rise again. A gold digger has the potential to accelerate the demise of their wealthy spouse and tends to prioritize money.

If I were to suggest investing in real estate, it's not a bad idea. Ensure you have ample funds and conduct thorough location research to maximize ROI quickly.

If foundation becomes weak because of other factors, maybe it wasn't a good foundation at all. Foundation, by definition, is supposed to be something solid and should keep all other things together.
"Falling in love" is probably the worst reason to get married, as that feeling will wear off over time and you might find yourself sharing life with someone with completely different core values and goals. Real love is developed over time and is not based solely on sexual attraction.
If your relationship is built on strong, common values and on mature love rather than on the teenagers' idea of it, then it's not going to fall apart upon hitting financial difficulties, but quite the opposite, it will make both sides more determined to sort-out the problem.

Love is the foundation but that foundation would become that weak and broken if finances arent managed well and thats the truth nowadays. Love would be nothing if you cant provide shelter and food or doesnt been able to provide those basic needs which for your family to be able to live. Sooner or later then your wife would definitely leave you if you couldnt really be able to support those things. Women nowadays becomes already that smart on which one of their main criterias on choosing someone to marry with is into those people who could really be able to make them give a good life in terms of finances. Love would really be second priority but somewhat im not really that generalizing all since not all women does really always check out about this stuff and there are ones who are really that getting inlove and doesnt prioritize about mans richness but in todays society then those numbers are really just less.

If you are a family guy and able to see and notice that your earnings arent really that enough anymore or something short then it would really be just that fine that you should really be finding to need
some extra income to support on what your family needs because marriage life and having kids needs to raise is never been easy and a life time commitment on which means that
being smart on finding other source is something that would really be that recommended on doing so.

If the couple has both work, that is double the income.  If a person is poor and marries a rich one, that is not just a doubler but rather a jackpot.  Arranged marriage had been long practiced by people, so that statement you cited had long been breached.  So marriage as a tool to enhance one influence, network, and wealth is a normal thing.  @OP just make sound a bit bad because he directly stated the purpose of marrying others is to amass wealth.

Outside of the original post, I generally agree with you. Marriage these days shouldn't be compared to back then when everything is about love. These days we have to use both our mind and heart. Despite needing feelings and emotional connection with the significant other to maintain commitment and a harmoinous relationship, we cannot ignore the fact that we also require or look for other things. Moreover, these days with the state of the economy and just how important financial stability is, it isn't bad for an individual to look for a significant other who either have an already established financial stability or is already on the way there as it ensures them that they will have a good future together, including their future family. Being a gold digger and being practical have a distinct line that separates them from each other.

... Thought many Ukrainians before 2022
Now there's no properties and no jets. They and their sports cars are refugees in Poland

Going blind into rental properties isn't the answer. You have to consider a number of things before you waste your money on a house.

I'd also change the quote a bit.
First property buys you nothing, it barely makes any money. I have a rental property and I had to spend 10k and put in some work to fix it before I was able to rent it out. Now after all the bills and taxes it pays about 1k a month. It's been 1.5 years so I've made about 5k profit from the whole thing. Mind you, a minimum wage job pays 20k a year.

If you had 2 properties like that and combined the profit, you'd be getting minimum wage income that would take years to buy a new sports car, unless you want a Miata or something like that.

Looking into the Financial aspect chateria in marriage does not mean one is just focusing on money alone.  Apart from love their ate other things people desire in marriage like respect, some physical qualities which can be beauty or handsomeness and other  things and I don't think if one puts Finance as a desire in marriage I don't see it to be bad and it doesn't mean their is no love too. Everyone wants a good life and if people will choose Financial stability as one of their requirements in marriage or getting a partner their is nothing wrong about it, we all know what we want.

Good advice, but I want you to know that it's all risky, people do change in an instant, someone who you know for the past years can become something else and they will look like a total stranger to you, it's luck for a man to get a good woman this days, even if they are good at first, in time changes might come.

Marriage is a matter of choice, I have seen people that get married and they both decide not to get kids and instead, they should take their times, the man said he isn't ready for kids yet as he comes from a poor background and it looks like a curse in their family, they are poor and all they do is bring kids into this world without looking at their financial status, he claimed his fell apart because of financial status and he doesn't want the same to happen to him.

To my surprised the wife accepts too, and she dropped her own reasons that having kids comes with such pressure and stress, that her own father and mother married for six years because they decided to give birth to her, she said they took their time and things get better before they decide to have kids.

Today many people don't reason this way, the best thing is to understand each other and try to know what you both want, people are bringing kids into the world today as if kids are bread you just buy down the street.

The author's thoughts are confused and mixed, it is written in a heavy syllable that I am not sure that I fully understood the idea that the author wanted to express. But I think the point is to discuss how your active and passive incomes are changing. Well.
Embezzlement: women do not want to pay for themselves, as a rule, you will need to pay for food and utilities if your woman is not a careerist. She will spend money only on herself. Positive: She will most likely share the mortgage payment with
you. Plus she will clean and cook, so anyway ... be prepared for a lot of spending.

There are people who get married out of time or without preparation, and the only thing they do is stand up for what they have done and accept the fate that they already have a family and that married life is also prepared.

So the OP is probably referring to double your passive income, which should be for married people who are not ready or don't have the right time. Especially for young people who are not old enough or mature enough. And it's a difficult situation for that kind of person to partner with. So the marriage lawyer should really be prepared, to be honest.

Right. Marriage is not for everyone but getting rich can be. I mean there are people who are certain that they dont want to get married but I doubt there are people who didnt think of having more money. That’s why regardless of getting married or not, it is important to have passive income that can help you to provide for yourself. There may be couples who date while still being short on money but they choose to grow together and there maybe others who choose to stay single until established but I believe that both kinds prefer to have income before settling right?

It shouldnt even be an argument. Why enter a marriage and sustain life with a partner if you dont even have enough income to provide for yourself.

       -   OP, you are obviously misleading the real definition of "marriage.", What you are saying is an assumption, and that is your opinion.
When you get married, isn't it said to the couple who are getting married, "Is this man or woman ready to be with you in hardship and infection, till sickness and in health, till death do as part".

Where does marriage mean you need to double your passive income? Even if a couple only has a single passive income, they can still leave together. Yes, passive income is necessary in married life, but it is only part of the responsibility of the husband or wife. This is not the real meaning of married life. So don't deceive people here in the forum just because of what you say. Maybe that's what you believe, but for the most part, it's not like that.

Join the rat race and climb up. You can't just go straight up without consequences. Marrying a rich partner means slavery as well.

Don't think the rich partner will do the cooking and carry your burden ass the whole time.  If they see you just watching TV all your time when they get home, they will ask what you did the whole day. You better prepare a good answer because she/he will kick your ass for being useless.

Once you are wealthy in a particular environment, I think there is nothing you cannot solve to have financial freedom because you can use money to get what you want at the moment which is very common among the wealthy people all over the world.  Don't forget that your passive income will determine, if you are qualified to marry at the moment or not because marriage is not met for suffering, and it shouldn't be a thing you will be hurry to Join when you know you are not capable yet.  If you don't have this money as a youth, I will advise you to struggle to get this money because it will attract so many things to you that will make you to live a good life through out your days.