A lot of folks think real estate investing is easy money, but then they find out that it’s a little more complicated than that. Just like anything else, knowledge is the foundation of success. You have no power to shape the property market, but you can be a smart player within it.

Before investing money into any properties, you should do your research and analyze the market. Check out anywhere from 50 to 100 properties in your desired location, and take notes in a spreadsheet. On the spreadsheet list the price, necessary repairs and expected rental income. This will allow you to pick out great deals instead of ones that are bad.

Once you make the decision to invest in real estate, establish an LLC or other such entity. This will make sure that you and your investments are protected as you move forward. There are possible tax benefits to …