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Young Entrepreneur: Willow Tufano

Willow Tufano is a 14-year old girl from Florida who’s mom works in real estate. Florida was hit hard by the recession, and houses that once sold for $100,000 were now being sold at auctions for $12,000. Tufano had made some money already by clearing houses and selling the possessions on craigslist. So, when she presented the idea of buying a house for herself, her mom was onboard and gave her the support she needed. They bought a house, and in less than a year they were renting it out for $700 a month. They have already got their initial investment back. Tufano plans on buying her mother completely out in the coming years. With the housing market potentially picking back up again, she may see an amazing appreciation unfold. Not bad for a 14-year old.

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