What tips or advice would you give a friend just starting out in real estate investing? Well, Colin Murphy from Torcana Real Estate in Florida has a few to share and they are worth your time.

Today, Jared and Tom welcome Colin and together tackle the tips investors need most when beginning their real estate journey. Colin also extols the virtues of investing in the Tampa Florida market.

Visit Colin's website at http://torcana.com and Colin's podcast page at http://www.torcana.com/real-estate-podcasts.

Wealth Watch Words of Wisdom

1. Begin with the end in mind. Use an investment policy statement so that you know where you are headed before you begin looking at properties.

2. Don't forget to study markets and sub-markets. Understanding where to locate your investments is key.

3. Find a mentor and then find a way to help them. It is a real advantage to have an experienced friend on your side as you move forward.