I am planning to invest in a property. Suggest me some tips to avoid common mistakes done in real estate investment

Q: What are the common mistakes one can commit while investing in real estate. I wanted to invest in a property but want to be aware of all the possibilities. Thank you in advance.

Neha Srivastava, Delhi-NCR

22nd September 2011

Investment Advice in Delhi

real estate investment

investing in real estate

property in delhi

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Property investment can be a great way to diversify your income. It has the qualities of a great investment- stable, long-term, low-entry and most importantly- rewarding. But if you ask any successful investor and they will tell you that it was not all cakewalk. Not everyone makes it to the top and all successful investors have successful investments all the time.

CashFlow WithProperty,

17th September 2021

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I agree with Manisha. Do proper research before investing in any property. Do your homework properly.Visit many properties before investing. Take experts' advice for better decision. Trust your realtors or real estate agent as they may provide very good suggestions as to what actions or components that you may possibly need to take so as to steer clear of any legal impediments or conflicts later on. Fix your ideas and do not randomly search for any property. Set your budget which you are capable of.Do market analysis and pay for a property what it is worth for.

Abhilasha, Bangalore

23rd September 2011

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Investment in real estate is booming day by day. Common mistake one commit in real estate investment is investing without proper research about property or locality. Other mistakes include not planning before investment, no trust in realtors, fixed set of ideas, location, finance, paying more than what it is worth for. It is important to think things through before you put money into a property. Hope you invest wisely.

Manisha Soori, Gurgaon

22nd September 2011

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