YOUNG ENTREPRENEURS

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​$50,000 Profit On First Real Estate Transaction

As part of our wealth training in homeschool, our dad has been teaching us about real estate investing.

​Here's the details of my first investment:
  • PURCHASE:  I used a LLC to purchase a 5 bedroom, 3,421 sq. ft. house in Chicago (foreclosed property that had sold for $135,000).
  • DOWN PAYMENT:  I took $730 from my Assetar (Virtual Wealth Companion) for the down payment.  I earned it by shredding papers in dad’s office, organizing folders, etc.
  • LOAN:  Got a loan from an investor to make up the difference. Many investors love helping kids.
  • PROPERTY MANAGEMENT:  Had a management company put it up for sale (with seller financing from me) and it sold with the new homeowner doing minor fix up.  The buyer paid the LLC their monthly mortgage payments (including taxes and insurance) for 15 months.
  • ​PROFIT:  The buyer paid off the note (I gave her a 15% discount to pay it off early)...which generated a profit of $50,544.35 for me (after all expenses, i.e. management, transaction costs, and paid back the investor).
​~ Chanelle
ANOTHER PROPERTY:  My sister, Jadzee, used $2,166 from her Assetar and bought a 3 bedroom, 1,419 sq. ft. brick house in Atlanta on one acre of land (had sold for $71,600). She also seller financed that home for the new owner (for 4 times more than she paid) who made their mortgage payment to her.
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​~ Chanelle

Videos - Ideas From Young Entrepreneurs

Watch videos of other young entrepreneurs (age 10-16) showcase their business.
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Why get rich?  To have more choices in life and assist others
​How to get rich?  Solve problems for people

Wealth Secrets

*  How anyone, even a kid, can do what they're passionate about and achieve financial freedom!

*  Even if you don't have a product...yet.

*  Discover how to model (legitimately copy) the exact process people are using to make millions online.

...the ads that work best for them, where they advertise, where their customers come from, and the automated process these customers go through that causes them to buy.

*  Where to find a similar product you can sell to their customers.
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Is This You?

Does it make sense to always have to ask our parents for what we want?

​No way!  They're not going to keep giving us money our whole lives.  One day they're going to cut us off and tell us to get a job.  Why wait and have to work for someone else building that person's dream.

Young entrepreneurs don't have to wait! Entrepreneurship has no age restrictions. We can study what enlightened wealthy individuals do with their money...and copy how they: 
  • Get it
  • Keep it
  • Multiply it 
The faster we can have our money working for us, rather than us working for our money, the better.

We really can be, do, and have anything we want in life...even as a kid!