While there’s no doubt that real estate is one of the best investments you can make, too many newbie investors go into it without considering the risks. They think because they own their own home or have rented in the past, they know what they’re looking for.

Although we know that investing in real estate online offers unprecedented access to the many potentially lucrative markets and opportunities, it isn’t a sure thing. Unfortunately, as with any business, there are those out there looking to make a quick buck – even if it comes at the expense of honest investors who worked hard to get where they are.

The hot real estate market has its pros and cons. In 2021, the average home price grew by 20%. Far above the norm. For those who already own real estate, that’s great news. For those looking to buy? It could be a big opportunity as well as a big challenge.

When you’re a green real estate investor, it’s not always obvious what is and isn’t a good investment opportunity. In fact, even experienced investors can be bamboozled by a bad property or a shady deal. With inflation the highest it’s been in decades, you have more to lose by taking on the wrong investment.

No one said investing would be easy. Any ace investor will recount the mistakes they’ve made on their way to financial freedom. When it comes to real estate investing — particularly passive investing — we often underestimate the risks and potential pitfalls in front of us.

When we think about the mistakes made in real estate investment, we usually talk about them as if they are exclusive to new or inexperienced investors. However, it would be a mistake to assume that experienced investors don’t have their own missteps as well. Every investor should be on guard — striving to mitigate their risk and grow their portfolios.

Conflicting information about finances can be a source of anxiety and strain on anyone's bank account. When you're trying to invest and plan for retirement, the swath of information out there can cause confusion and costly mistakes. When you're looking for financial and investing wisdom, it's important to discern fact from fiction.

Success in real estate investment is often hard-won. It comes with a lot of time, dedication, and commitment. There’s so much planning and strategizing that goes into it. There can be setbacks, heartbreak, and frustrations along the way. Lessons are learned. We grow not just personally, but professionally.

Do you wonder why you aren’t accomplishing your financial goals faster? Frustrated that you haven’t achieved that million-dollar real estate portfolio yet? Investing in real estate is an incredibly rewarding experience full of opportunities and the potential for financial freedom beyond that of any other investing avenue. That said, there will always be some troubleshooting involved if you want to make the most of your investing experience.

Embarking on a new venture is always fraught with some level of struggle. Whether it’s late nights up worrying about the right next steps, whether or not your choices were the right ones, or wrestling with your own limitations and inexperience, it’s just a tough time.

This is certainly true as it relates to new real estate investors.