For the past two or three years I have been bringing my daughter Mathilda with me on occasion to look at properties with me. On a hot day last week after running around Oakland looking at multi-family properties for sale, I stopped to have a break with her and enjoy a Slurpee. Most of the apartment owners that I know in the Bay Area find ways to involve their family members in their work.
I think its great to get kids accustomed to the business of property management and maintenance at an early age. My daughter is already learning how to take responsibility for our tenants and our buildings. When she inherits my properties she will know exactly how to operate and manage them and they will likely provide a constant stream of income for her and her children.