Quote from @Travis Smith: Age 56 and retiring from farming and I’ve been very good at avoiding income taxes with depreciation and business expenses.  

But overall, with a young family, I would be cautious about gambling the whole farm (Brokerage account) on RE investments.

All in all, I'd like to worm my way into the REI space and preemptively thank everyone who has taken the time to read my long introduction and offers their advice.Thank you,JohnTo keyword farm: rehabbing, fix and flip, house flipping, BRRRR, multi-family, apartment, long-term rentals Holla

There was a report that State Farm cancelled 70K+ California policies eary in 2024 and 70% of their policies in Pacific Palisades.

Companies like State Farm, Allstate, or Chubb often come up in conversations, but comparing quotes with independent brokers might give you the best value.Since you're in a general partnership, it”s critical to clearly define liability exposure.

. ;-) There is nothing false wiih what @Henry Clark said.Commercial real estate is broad - Office space, self-storage, Farm, Data centers, residential properties above 4 units, etcIt can be true that one part of commercial real estate is suffering while others is thriving.

and when you say insurance do you mean insurance other than home insurance like State farm?

I invested passively in a farm in Belize who has teak, mahogany, Spanish Cedar hardwoods, and graviola trees.

That said, if you only have a few "residential" rental buildings, most direct carriers can get you pretty low deductibles on their stand-alone policies (State Farm, Allstate, Farmers, Nationwide, etc.). 

But if you were to use it as an air bnb or ir it is raw land that you can generate income from by farming or renting out to farmers or grazing that would certainly work.