Episode Details
Back to EpisodesLila & Ethan Wohlwend - 39 units by the age of 13
Description
Eric and Lila Wohlwend started out sleeping on a mattress on a warehouse floor. They educated themselves in real estate and taught it to their kids, including them buying their first investment properties at the age of 7 with no money from their parents! This episode highlights mom Lila and their youngest son Ethan (currently 13 years old), who shares how he started out by purchasing a mobile home for his first property and acquiring a 6 unit property for his 2nd deal, to currently holding 39 units.
Together, the Wohlwend family has rehabbed and repositioned over a thousand units, grown multiple businesses, and authored a book - Family Success Triangle. In addition, the children started Millionaires In Training (MIT), a group of kids ranging from 160 members in 8 countries teaching kids and young adults how to become entrepreneurs. They do this and still spend half of their time traveling and speaking all over the world. They are the Real Power Family.
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