2. Define Your Financial Goals:

Before you start investing in real estate, it’s crucial to clearly define your financial goals. Are you seeking a steady stream of income? Are you aiming for long-term capital appreciation? Or perhaps a combination of both? Your financial goals will significantly influence your investment strategy and help you decide what type of property to invest in.

3. Evaluate Your Financial Situation:

Investing in real estate requires substantial capital. Therefore, it’s essential to conduct a thorough assessment of your financial situation. Consider your income, savings, existing debt, and credit score. It’s important to remember that you should never invest money that you can’t afford to lose.