美國拆遷糾紛（１１）小開發商上了當地報紙

When Alexander Wolfram was 14, his mother wasn』t driving him around to baseball and soccer practice or to his friends』 houses. Instead, she drove him around the area to meet with local business clients for his budding career.

When Alexander Wolfram was 14, his mother wasn』t driving him around to baseball and soccer practice or to his friends』 houses. Instead, she drove him around the area to meet with local business clients for his budding career.

「It was interesting having my mother drive me around,」 Wolfram said. 「For the most part I think it was probably kind of a good thing for my relationship with her. She kept encouraging me, though, to get projects that were closer to Concord.」

Now the Concord teen is building his future by buying and selling properties in the Concord area.

Wolfram, just months away from turning 18, is founder and CEO of the Loftis Group LLC – a real estate investment company located in Concord.

As a young entrepreneur in the real estate industry, Wolfram bought his first house at 14 as a short sale in Lexington on Paul Revere Road. He said his parents helped him and signed the legal papers given he wasn』t considered an adult yet in Massachusetts. He renovated the home and sold it in about a six-month time frame.

Since that time, he has worked on other renovation projects and has recently shifted his work from renovating properties to building houses from the ground up.

Wolfram said he became interested in the world of real estate when he was about 10 or 11 and living in the midwest. He started by going to open houses and following people who were buying homes.

「Eventually I was looking at other developers and seeing what they were doing and looking at properties,」 said Wolfram, as he sat in his Main Street office in West Concord. 「I would go to an open house and come back home and produce a five-page report on how I would renovate the house and resell it.」

His love for real estate was reinforced even more when his family made the move from Illinois to Concord. Wolfram said his parents bought a house in town and did a whole renovation.

「So I watched that whole process and thought it was really interesting,」 Wolfram said.

One of the first things Wolfram realized when he started in the business was that he didn』t know as much as he thought he did about real estate. With four years of real estate work under his belt, Wolfram said he』s learned a lot by networking with people and by trial and error.

If his mother couldn』t drive him to work, he would conduct business over the phone with clients or ride his bike if the property was close enough to home. Wolfram said he did about 80 percent of his work by phone until he could drive himself.

「It was funny because at a house closing most people there had no idea how young I really was,」 he said. 「It was interesting. I had a good Realtor and lawyer on my end.」

「There aren』t a lot of people my age in this business but I hope there are more in the future,」 he said.

Right now, Wolfram has about six projects he』s working on in the area, including two in Concord and Carlisle, which are in various stages of being approved and constructed. To date, he』s sold five properties.

Wolfram hopes to attend college next fall and is currently working on obtaining his high school diploma through a General Educational Development (GED) program. He still plans on running his business while he』s in school.

One of the reasons he wants to go to school, besides to learn, is to meet more people his age.

「The people I interact with now are probably 20 years older than I am,」 he said. 「The most interaction I had with people my age was when I went to preschool in Illinois. I want to get the regular kid experience, I guess you could say.」

While it can be difficult putting in so many hours a week at work at such a young age, Wolfram said it』s all been worth it.

「It』s really nice,」 he said. 「Part of what drew me to the real estate business was being able to see the final product. I like the idea of having something tangible at the end of a project. It』s always kind of an odd feeling selling houses because you put so much effort into them and then you have to give them away. That』s part of the business though.」

Down the line Wolfram hopes to expand his work to more high-level real estate transactions.

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