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Updated 20 days ago, 12/05/2024

User Stats

51
Posts
159
Votes
Nate O.
  • Rental Property Investor
  • Omaha, NE
159
Votes |
51
Posts

My 13-Year-Old son wants to learn real estate — What next?

Nate O.
  • Rental Property Investor
  • Omaha, NE
Posted

BP Community, I’m reaching out because my 13-year-old son has developed a huge interest in real estate, and I’m not sure how to guide him. 

Over the past week, he’s been glued to his computer, looking at rental properties, analyzing listings, asking questions about cash flow and what makes a great single family home a *good investment*. 

It’s awesome to see how passionate he is, but I’m feeling stuck on what his next steps should be. At his age, it’s not like he can start investing or manage a property, so I’m trying to figure out how to nurture this interest without overwhelming him. 

Should I focus on teaching him the basics of personal finance, like saving and budgeting, or is there a way to introduce him to more advanced concepts like market analysis? 

Would connecting him with a mentor or having him shadow someone in the industry be too soon? I’d also love any recommendations for beginner-friendly books, podcasts, or other resources that are suitable for a teenager. 

I really don’t want to squash his enthusiasm, but I also don’t want him to get frustrated if he feels stuck. 

Any advice from experienced investors or parents would mean a lot! Thanks!

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