All Forum Posts by: Nate O.

 Hey Jaycee, I've had my son partake on a syndicated multifamily investment (with me as an LP) to get him familiar with what this type of investment is, what it isn't, and how it works. What other ideas/suggestions do you have as far as deriving income from real estate?

Thanks!

Awesome, thanks for the reply Caleb. For context, I have invested in 1 single family home, several partnerships, and several syndications over the past 15 years. I've had him read some of my books on investing, and we have conversations often about how you can finance (and refinance) properties, etc. 

I am kind of stuck on where I should lead him next, since he's busy with school and sports he doesn't have time for a job. Without a job, no money to invest.

These are great suggestions Caleb, much appreciated!

Excellent, thanks so much Jaycee! 

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!

@Collin Schwartz

I'll do the same - what questions do you have Cody?

What a great deal, Owen! Thanks for including all of the details of this transaction.

Yes! I went to the live event they had in Orlando last October. This was the first real estate large scale event I'd attended, and I thought it was well worth the money.

@Jaquetta T Ragland through relationships with other investors I met at our local real estate meetup.

Glad I could give you a spark @Cliff Tomlin!!