Jill Ellis

Real estate investors generally experience both success and lows. It is important that you don't let any lows convince you give up.

Do not over-invest in any property that you can't afford. If you are looking into buying property to rent, try to still meet the mortgage payments every month even if there are a couple empty units. It is not wise to place dependance on rental income to cover the mortgage obligation.

Be prepared and willing to make sacrifices. You will spend a lot of time as well as money. You might have to give up some free time to be successful in order to make it happen.