Martha Smith

Don't leverage out all the way when you're trying to set up a real estate transaction. You need to make smart business decisions which leaves you with reserve cash reserves in your portfolio for unexpected expenses.

Don't invest your money into a property that's too expensive.If the property you purchase is going to be rented out, you should make sure that you can still meet your monthly mortgage payments even if one or two units sit empty. Depending on rental income solely for the mortgage is not a smart approach.

Figure out what type of building for you can maintain with ease. Buying a property is only part of real estate investment. You have to consider how property so you can sell it for a later date. One-story homes are easier to handle than two-story homes.Don't bite off more than what you know you can chew.