Real estate investing, in all regards, has changed over the years. The techniques that worked for an investor 10 or 15 years ago will most likely not work in 2018. 

1. 18 Ways New Real Estate Investors Can Succeed
In 2018

2. Real estate investing, in all regards, has changed
over the years. The techniques that worked for an
investor 10 or 15 years ago will most likely not
work in 2018.
Investors are constantly learning and evolving
their practices to reach new levels of success.

3. NETWORK!
The more people you meet, the
more real estate networking
meetings you attend, the more
contacts you make, the more
likely you will be to succeed.

4. BUY YOUR PERSONAL PROPERTY FIRST
Buy your own property to live in
first, because financing is easier
(less down payment and better
interest rates), you need a home to
live in, you get the best tax write-
offs and then you can move up to a
new home in a year or two.

5. WATCH THOSE
EXPENSES
Don’t underestimate
expenses, especially when
purchasing older single
family rentals.

6. DON’T UNDERESTIMATE THE
POWER OF THE MARKET
Don’t forget that
market moves will
change demand and
prices drastically,
regardless what you
do as an investor.

7. Know what you are getting yourself into.
SET REASONABLE
EXPECTATIONS

8. REAL ESTATE
ANALYSIS
ISN'T AS
COMPLICATED
AS YOU MAY
THINK
Many believe the level of analysis
actually completed for deals is more
comprehensive than it really is.

9. LEVERAGE
Time and time again I’ve seen
beginners taking the easy way out
by using leverage to purchase
properties. This is wrong.

10. STAY FOCUSED
ON YOUR
STRENGTHS
I often see people get
good and profitable with
one model, and then do
something they may not
even realize is outside
that model.

11. PUT NUMBERS
OVER EMOTION
Do not invest with
your emotions.
Research all the costs
of an investment —
not just yield and CAP
rates.

12. GET ALL THE TAX BENEFITS YOU CAN
Purchasing an investment property
before owning your primary home
is more often than not the wrong
thing to do.

13. BE FLEXIBLE
AND HONE
YOUR CRAFT
If you do not have sufficient
investment experience, find
your appropriate degree of
conservatism.

14. WORK WITH
PEOPLE YOU
TRUST
Only work with people you
know and trust. This is not
to say work with your
friends and family

15. CONSIDER THE RENTAL
MARKET AS A LONG-TERM
INVESTMENT
While flip and sells are often glamorous on TV, they
may not be your best investment rolling into 2018.

16. Know your market
to know a “deal.”
LEARN HOW
TO SPOT A
“DEAL!”

17. BE PATIENT
Patience and attention to
detail will reap bigger
returns over the long run.

18. Make sure you work up a realistic net operating income for any
potential investment. Focus on all expenses, including sources of
capital and operating costs.
FOCUS ON NET YIELD

19. Both new and seasoned
investors should pay close
attention to market cycles.
PAY
ATTENTION
TO MARKET
CYCLES

20. DON’T LIMIT
YOURSELF
When starting your
search for the right
investment property,
you may be inclined to
look close to where
you live.

21. The competition in the real estate
industry is tight! Pose a competitive
mindset and learn to be better.
Success will eventually follow.