Hello BP community, I've been busy soaking up BP Money podcast but was first introduced to BP by YouTube as I started exploring the world or RE Investing. I am a high school mathematics teacher in Dallas, TX, but take advantage of the lower cost of living in Irving, TX. I have been working to get my financial house in order and have been blessed with a unique opportunity to work with seniors this year and create my own curriculum. So I have been striving to provide my students with an introduction into the adult world of money. We have begun a reality check of adult expenses versus starting incomes from their desired professions. We are currently learning about funding college and will move into understanding how car loans work. Basically I am weaving real world mathematics into real world situation many of us had to face without any previous exposure.
That said, once we get back from our winter break I want to cover taxes and then move into real estate. Once they understand how a mortgage works and some of the options available, I'd love to have a Real Estate Investment project that they can work on that will introduce them into the world of REI. We are currently working on a Stock Market Game to introduce them to the concept of investing and using money to generate more money. There are many resources out there for the stock market but I have not been as successful finding a way for them to experience some of the necessary steps to research, analysis, and make a decision of investment properties. I do own Cashflow 101 and maybe able to borrow another from a friend, but I have about 150 students spread over 5 classes and would like to give a little more depth than the game offers.
Please let me know of anyone knows of any resources that would allow them to experience those kind of things. I would also love to connect with anyone in the Dallas area who would be interested in presenting to my classes about getting started on their REI journey.
On a personal note, I am also continuing to learn about REI and saving up for a down payment on my first piece of real estate as well. I look forward to making some good connections and building some positive relationships. Thanks in advance for your feedback!
