Landlording

Michigan Real Estate Investing TV: Paid the Kids Their Apartment Building Dividends Last Week

The kids cashed in their savings bonds last year when I bought my first apartment building – and they invested their money in the building. Based on their informal surveys, they’re the only kids in the school that own an apartment building. And the cute thing is, they all picked out which “piece” of the building they owned. 🙂

What a great head start this is for them. They’re learning about investing, about compound interest (because we won’t let them take their earnings and run!) and about delayed gratification.

And they get to tell everyone they own an apartment building. Heck – most adults can’t even say that! LOL

Tagged , , , , , , , ,

About Dennis Fassett

I'm pleased to report that after multiple decades of hard-headed stubbornness, I've finally figured out that all work and no play makes Johnny a dull boy. So I've taken it upon myself to convert my wife and now adult(ish) kids into a roving band of merry adventurers. From horseback riding in Monument Valley to ocean kayaking in Acadia - all of our exploits have earned the coveted "epic" label from the younguns. I'll tell you about them - and also about the other "adventures" I'm having in my real estate investing business. You can also find me over at DennisBuysHouses.com
View all posts by Dennis Fassett →

Leave a Reply

Your email address will not be published. Required fields are marked *