GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’ve got the option to read more about oureditorial guidelinesand our products and servicesreview methodology.
If things go well, some real estate investors can build on theirinitial investmentsby buying additional properties.
Now, not everyones investments turn out like real estate mogul Barbara Corcorans.
And there are several drivers that can turn a real estate investment into an unsuccessful venture.
Real estate is a long-term game, Wiseman said.
GOBankingRates spoke with a few real estate experts, and heres what they had to say.
Also see the biggest regrets of some real estate investors.
To that end, Dutch Mendenhall suggests you review your areas recent sales data and housing supply/demand metrics.
Strong job growth and favorable interest rates typically boost property values, he said.
These areall small thingsthat add up and can directly or indirectly lead to more income.
He also urged investors to consider tax implications they might face.
Finally, several experts stressed the fact that any real estate investor should have a long-term mindset.
Real estate, long term, is nearly always your friend.
More From GOBankingRates
Share This Article:
