Real estate is popular in investing, but it has some serious pitfalls. Knowing the potential pitfalls is important no matter what level of experience you out when it comes to real estate. Use the tips listed here to make successful investments.
Do proper research on the market prior to making a real estate investment. Check around 100 properties, and take notes in a spreadsheet. You should take into account things like repairs, what kinds of repairs need to be done, and how much the current prices are. This helps you figure out what deals are bad.