Teaching your kids about real estate investing

[Joseph O'Sullivan]

Hi All,

Does anybody out there have recommendations on books or other tools for educating your kids about real estate investing - (high school and college ages).  If I knew then what I am learning now, I might be in a whole different situation at this point in my life.

What books or tools have been successful to get the 'penny to drop' for your teenagers and which ones fell on deaf ears?

If I can get them interested, they may understand what I am trying to do and may be more open to absorbing the lessons learned that I know are coming.

Finally, any success with the RichDadPoorDad game called 'Ratrace'?  I read about it years ago, but would want to hear some feedback before I consider getting it.

Thanks.

Sincerely,

Joe

[Alan F.]

Quote from @Joseph O'Sullivan:

Hi All,

Does anybody out there have recommendations on books or other tools for educating your kids about real estate investing - (high school and college ages).  If I knew then what I am learning now, I might be in a whole different situation at this point in my life.

What books or tools have been successful to get the 'penny to drop' for your teenagers and which ones fell on deaf ears?

If I can get them interested, they may understand what I am trying to do and may be more open to absorbing the lessons learned that I know are coming.

Finally, any success with the RichDadPoorDad game called 'Ratrace'?  I read about it years ago, but would want to hear some feedback before I consider getting it.

Thanks.

Sincerely,

Joe

I grew up very poor and was late to the game. Breaking the cycle has been my priority. I put alot of importance in reading, so I made them read classics at 1st, then mindset (think and grow rich etc) then financial acumen (rich dad etc) thankfully they all have w2 jobs so 401k match, roth etc. 2 are homeowners (don't want to be REI investors) but the last 1 is saving for REI investing. Books have really been good for them, because sometimes kids don't like having their parents "tell" what to do lol. Very best to you and your kids!