The second group of investors typically consist of very wealthy folks and fund managers who need to park money somewhere.

Homes and condos still sell at a premium in the good neighborhoods and many wealthy residents are set up nicely and have no intention of selling.

I started a thread about replacing the bathroom tiles and then someone else started one about their cultured marble installation (unfortunately I was not able to find that thread again.I was quoted $1800 by a company here in Orlando to do the cultured marble (in a shower--no tub).

Over a decade ago when I moved here from the northeast Salt Lake was totally uninspiring from a cultural standpoint.  

I love talking about real estate and connecting with others who share the same passion for creating long term wealth! I

@Sam SjobergThere's definitely room to grow,and there's nothing wrong with outrageously fortunate deals.This post was just begging to be written to encourage the less radical BP members that real wealth is also possible and does happen everyday  to ordinary folks without sourcing funds from a hundred different investors and being a slave to their every whim.Thanks for reading the blog.

The comfort factor and higher cash flow on your current property is worth something, but leverage will ultimately build more long-term wealth. I

It does add time and effort, but if most of your wealth is tied up into real estate, and you don't want to lose it, learn how to do it properly, and do it as such. 

Very pricey, lots of wealthy out of state vacation homes/resorts.

Mostly I see wealthy people living paycheck to paycheck trying to sell their expensive homes because they lived beyond their means.