I just wanted to share this story and thank BPs Joshua Dorkin and Brandon Turner for hosting their awesome PodCast and of course Brandon for starting up BP.
I'm a new investor with 1 rental (originally my primary residence, turned rental) and my current house hack that we bought on Short Sale. Since joining BP and devoting my "wasted Facebook/YouTube trolling time" to now BP and anything real estate, my son has been lurking over my soldiers and asking questions. He is a very intelligent 13yr old with an I.Q. of 139, so I knew if I started explaining the basics that he would understand. Although, he has no interest in helping my wife and I rehab our house, he does understand economics and being successful in his adult life.
We just returned from a long road trip vacation together, and I thought, why not have him read "Rich Dad, Poor Dad"... GAME CHANGER!!!.. He is all in and gets it. He said that when he graduates high school he wants to get into real estate when he starts college. We drove around FSU campus, while visiting the Tallahassee Capital building, and he pointed out that owning dorms/apartments in the area could be a great opportunity. Needless to say, I'm practically crying inside with joy.. kind of like when he conducted his first song in orchestra or received his report card and he was Platinum Honors in his class.. sorry to brag but MY KID IS AWESOME... only reason I say this is because I was a "C" student at best!!...
On our way home he downloaded the game on my IPad and was teaching my 8 year old daughter about stocks, assets, liabilities and all things "Rich Dad".. my wife and I were laughing to each other in the front.. I said "I created an Alex P. Keaton"..sorry for the younger members who don't know who that is
Again, I just wanted to say thank you for changing my outlook on retirement and life, but also helping me teach my kids about true economics.
Hey @Kurt Traynor welcome to the site! It's great to have you. :) Don't forget to set up keyword alerts.
That's an awesome story! I started investing at 20 and man I wish I had known about it even sooner! I did really well flipping items on CraigsList when I was "younger". I can only imagine how I would have done if I was applying that to Real Estate even a few years younger.
Ryan Dossey, Call Porter | http://Callporter.com | IN Agent # RB15001099
@Brandon Turner , Thanks again.. I love BP.. wish I found this 10 years ago. Never too old, except in your eyes ;), to invest..
Happy 30th BTW, old man!
That's awesome! Get them started young!
Kurt that is wonderful! And yes, I got the Alex P. Keaton reference before you even said it. Good for him taking an interest so young. I love it! And I bet "Alex P. Keaton" would be doing very well today in 2015. :)
I'm 14 myself and can't wait to start in REI.
Hey @Kurt Traynor don't worry, the best time is always now. :)
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