Episode 19

What a Rehab Can Teach Your Kids About Money

26 min
What a Rehab Can Teach Your Kids About Money

In this episode of The Deal Vault, Greg and AJ pick up where they left off and turn to a question a lot of investor parents wrestle with: should you get your kids involved in real estate, and what does that actually look like?

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Full Episode Transcript

In this episode of The Deal Vault, Greg and AJ pick up where they left off and turn to a question a lot of investor parents wrestle with: should you get your kids involved in real estate, and what does that actually look like? Rather than a formal curriculum, AJ shares how it happened organically, starting with the scary house across the street that his boys begged to leave on the first walkthrough and how that project became a running series of lessons about redemption, hard work, and the value of a dollar.

 

From handing kids appropriately sized sledgehammers on demo day to paying his oldest to pull up 2,200 square feet of tack strip, AJ walks through the small moments that taught big lessons. The conversation ranges across why a slow drip has to be fixed even when no one will ever catch it, why the family motto is that owners do hard things, and how watching Dad write a $5,000 check to a drywall crew taught his son more about work and money than any lecture could. Underneath it all is a gentle push against the idea that the only path is straight A’s and college.

 

You’ll Learn How To:

• Involve your kids in real estate projects in a way that is safe and age appropriate
• Turn a rehab into real lessons about money, work, and following through
• Use small paid jobs to teach the value of a dollar without overpaying for efficiency
• Model doing things right when cutting the corner would be easier and cheaper
• Give a kid meaningful responsibility and let purpose do the rest

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