But, when it comes time to put the deal together and pull the trigger: work with a seasoned real estate attorney with experience in structuring seller carry deals and writing thorough docs that cover your interests, especially with the "what ifs?"

My wife and I are looking to go further into real estate investing.

@Jack MiHi Jack,Seeing that this is "Post # 1" for you - I have to ask, how familiar are you with syndications and real estate investing in general?  

We learned that Xcel energy can be a real nightmare to work with during a panel swap.

The great divide” is between purchasing real property for CASH FLOW, or purchasing real property for CAPITAL APPRECIATION.IKnow, I know, the two are NOT mutually exclusive.  

I hear from a fair number of folks that are ensnared by one of these two fallacies right now.The first one is the "sunk cost" fallacy.  

Otherwise we don't get MTR folks as we are way out of town. 

I have been able to find companies that will cover real estate portfolios on one policy in other markets but no luck in the Florida market.

Upside: you have now a loan that is being paid down, equity that is growing, and probably some appreciation and you learn how to buy and manage real estate which in itself makes it worth it!

We focus in 12 markets in Florida, including SW FLWe are a long time property provider for some of the bigger podcasters: Real Estate Guys Radio, Marco Santorelli (Norada), Kathy Fetke (RWN) Jason Hartman ( Empowerd Investor) GRE (Keith Weinhold), Whitecoat Investor Group, Jake & Gino and more We have built over 9,000 properties and work with over 1,000 investors We also work with American Homes for Rent, Invitation Homes, Crescent, Haven Realty (JP Morgan) to name a few on the institutional buying side.