Generation Z Advice Needed!

[Peter Gulati]

We are trying to motivate our Generation Z children learn real estate investing earlier than we did, and help them buy their first home / investment property. We are novice investors ourselves and have some experience in SFH and are also continuing our investing journey with them. With the current interest rate environment, is it best to focus on entry level single family homes? It would seem that the ROE would be barely breakeven for the first couple of years. We are in the Dallas-Fort Worth area however are open to anywhere in the state and any types of properties. Any advice is appreciated! thank you

[Nathan Gesner]

Quote from @Peter Gulati:

Good for you! I'm trying to do the same with my kids. One is interested, but doesn't like to put in the work to educate himself. The second is interested and even interned with us recently. The third could care less about anything. I would expose them to it and see if they are interested enough to put the effort in. It won't work if they are uninterested or lazy.

Single-family homes. Buy a large house and they can rent out the individual bedrooms. This ensures they are keeping an eye on everything, they get to see what it's like to be a landlord, they have to take responsibility for the lawn and other maintenance, they will learn to deal with people issues, and more.