At first glance, Willow Tufano appears to be like any other 14 year old: she loves Lady Gaga, animals, and of course spending time with her mother, a real estate agent who hipped her daughter to the industry, according to NPR. Unlike most teens, Willow is a homeowner!
How 14-Year-Old Willow Became A Landlord
Willow got her start buying and selling things on Craigslist after helping a real estate investor clear out items left in abandoned properties he purchased. In exchange for selling abandoned property, she’d keep the profits, squaring away $500 a month for more than a year.
Willow and her mother bought a $12,000, two bedroom fixer upper in Port Charlotte, Fla. during a short sale. The pair worked together to renovate the home, and they now rent it out for $700 per month. Willow plans to buy out her mother and then pay off the home in a few years.
Willow: Inspiring or Depressing?
People have speculated whether or not young Willow’s capability to even purchase a home is proof that the housing market has bottomed out. I’m sorry but I have to say such speculation is completely unnecessary.
As I once read, if nobody opens doors for you, you have kick a hole in the wall and call that hole a door as you walk through. I’m inspired by Willow’s story – are you?
Image Source: Chana Joffe-Walt/NPR