Florida Students Get Lessons in real estate as Rents Skyrockets
“I wish they taught me that in school” is a term that my generation seems to say a lot. We do not know how to write checks. What about investing? Forget about it! Unless there is a tik tok video about it, we do not even know what a mortgage is! Another piece of useful knowledge is in real estate investing and the pros and cons of renting vs. buying. Real estate investing is something that most adults do not even consider until well into their adult lives. Realtor Kella McCaskill has taken matters into her own hands and wants to educate young adults on real estate!
Twice monthly, McCaskill goes to Lina Bean Academy, a private school in Tampa, to conduct real estate workshops. She is teaching things from down-payment assistance to savings plans. Although her workshops change weekly, all topics come down to an ultimate goal of teaching kids about housing affordability and financial hardships surrounding real estate as rent and mortgage rates increase, and home values increase at an unusually fastest pace. “We want our kids to be thinking about the real world,” says school founder Ischolina Williams. The Academy was founded on Williams’ goal of serving kids with special needs, such as ADHD or those facing learning barriers due to problems at home. Most kids at the school are receiving tax-funding scholarships and come from struggling homes. The increasing cost of rent is becoming a major issue. “We had several students who have become homeless in our school,” stated Williams, “we try to make sure they understand what’s going on around them. We want to empower them with education so that they can plan for the future they want.” Many of the students have expressed their gratitude to Miss McCaskill and we look forward to hearing more about their endeavors! Thank you Kella!