Tips on training your children to follow your lead in REI

[Beth L.]

Hi All,

I am curious to hear from successful investors who have trained their children to develop an interest in REI. Do you have any tips?

I have played the Cash Flow for Kids board game and Monopoly with my kids. Perhaps they are still too young, but they do not want anything to do with real estate right now. I am sure it has nothing to do with the looooong hours spent in a construction zone with not too much for them to do :-)  

We really want to train them while they are young, teach them the benefits of investing so that they don't have to be in the "rat race".

Any tips, suggestions, or good ideas?

[Jackie Lange]

Lead by example.  

The rest will follow if they like what they see that you are doing.  

If they do not like what they see that you are doing, you will not get them interested.

When they are old enough to write a contract, help them do a wholesale flip.  They will learn how to make money on demand without all the other hassles associated with real estate.