Investment in Real estate is a complex business. In this business, success is not by chance. It requires an assured amount of

understanding and analyzing of the real estate.

There are some common mistakes every investor commit which include the lack of research and planning. Real estate business in Canada is very important because it

is one of the most beautiful places for the investment.

Real estate business in Canada is very important because it is one of the most beautiful places for the investment

Some of the common mistakes:Lack of planning before investment : This is the biggest mistake that most of the investors make. They buy a property first and do not know what to do next. First, you have to plan what you will do next before investing in real estate. Planning is important.

Lack of trust in realtors :This is the biggest mistake that most of the investors make. They buy a property first and do not know what to do next. First, you have to plan what you will do next before investing in real estate. Planning is important.

Old and Fixed set of ideas :You cannot just stick to your old ideas all the time. Just wait for the right time for the investment.

Selection of Location :It is most important part of the investment if you are planning to sell the property in future. Location near the shopping malls, schools, market and other basic amenities will attract a lot of people.

Funds :It is important to discuss with your financial advisor or bank for the loan before you invest.

Paying more than it’s worth :You have to do research about the value of the property before you pay the amount.

Sunil Tulsiani, a police officer turned real estate investor had a hard time to gain profit and knowing what works in this industry and what does not. He has shared the mistakes he had made over the years in his book “The Most Expensive Mistakes I’ve Made in Real Estate Investing” and this book has helped a lot of people interested in real estate investment.