Beware: There Are Pitfalls in Real Estate Investing

Posted by Tre Pryor, Editor-in-Chief on February 02, 2007 in Commercial tagged with

Jeff Schnepper has put together a nice article on what not to do when investing in real estate. He’s called it 3 Ways You Can Go Broke in Real Estate. On the positive side, he also includes:

Successful real estate investing really boils down to three rules:

* Do your homework. Know the market and its risks.
* Prepare for the worst. It will happen.
* Think location, location, location.

So while investing in Real Estate is still one of the leading paths to riches, not everyone who undertakes the quest will find the pot of gold at the end of the rainbow.