Many a parent will say a loud “NO”, as real estate investing has significant risks, where as getting a J.O.B. at Wal-Mart is less risky, yet still not what a parent wants for their child.
I held a Field Trip to Atlanta last week and 2 people brought their sons. Both were concerned that college wasn’t a strong path for these kids, and both were afraid their sons would be bored out of their mind. I can tell you right now that both of these guys got totally into real estate investing and the many strategies that any can leverage for success.
You should have seen their eyes light up with I told them how they could be “bird-dogs” for wholesalers and rehabbers. The thought of making $1000 by facilitating a real estate transaction totally got them excited. I told them all they have to do is watch for properties that appear vacant, look on the county web site for the owner and pass it to a local wholesaler or rehabber – Oh, yes, and they have to start networking in real estate events.
But imagine seeing a kid at one of these events…would you ignore them? Would you reach out to them? Think about it…I see potential here.
James and Braedin both have great moms and great futures ahead!
On a road trip recently with my 16 year old son, I asked if minded if we listened to the Armando DVDs and he said OK. After the first one, he liked it and put in the next one without me prompting. We listened to all 5 and he was totally inspired! Said – hey mom – maybe when I’m in college I can buy an apartment building and my friends can rent from me! Way to go son. So yes, I’m teaching him as I learn. Why not?!?! Hard to get really good paying jobs these days.
You have a smart kid!
This is great blog post.
Hey Jean, I brought my daughter to the Armando and Cliff training in Tennessee. It’s tricky with my child she has yet see me make a real profit (20K or more) off a deal. When she see me start really turning a profit she will be more interested in doing this. But anytime she’s out with friends she will text me address of vacant and house for sale. At this moment in time she hasn’t really showed a lot of interest in doing this yet. With this said your child have to be in tune and have a lot of tolerance for the up’s,down’s and other unforeseen issue’s, that comes from doing this business!!. IT’S CRAZY BUT I LOVE IT!! Frizzet!! URP!!