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Updated over 9 years ago on . Most recent reply

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Jordan B.
  • Washington, IN
46
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78
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Something for everyone in the family!

Jordan B.
  • Washington, IN
Posted

Hello everyone, just curious......how did you include your families on this adventure of real estate investing. My family has invented a game called the dollar hollar game. If you see a FSBO sign on the road you hollar and get paid a dollar.(and daddy makes a phone call). My 9 and 6 year old love it and feel like part of the team. Anybody have other ways to include the family?

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Adam Bartomeo
#5 Managing Your Property Contributor
  • Real Estate Broker
  • Cape Coral, FL
1,053
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Adam Bartomeo
#5 Managing Your Property Contributor
  • Real Estate Broker
  • Cape Coral, FL
Replied

Here are a few things that I have done:

- All 3 kids play monopoly JR

- All 3 kids get Daddy time at the flippers. When the flipper is in a condition that the kids can come we often have them spend the whole day with me. They ask lots of questions about the repairs and why I invest in RE.

- The 2 oldest (6 and 8) come to see potential properties with me. They walk the properties and give me their opinion.

- I've started playing cash flow with my 8 year old. She's very smart but we haven't used the sheets yet. But, she absolutely understands how to identify a good deal from a bad one and when to buy and sell.

- My wife handles a lot of the clerical duties including tenant relations and some contractor relations. She pays and tracks the majority of the costs on our B&H. She schedules all of the contractor appointments and estimates.

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