Steven wrote:

1. You pay for your property, but you don’t control it.

Your money, your dream house, your investment and your expenses/maintainance.

Steven wrote:

2. Be the bank. Thank like a bank, and behave like a bank.

Like the idea of this one. Your money is gaining only 2% or 3% interest and the bank is earning 5% in your borrowed money. So, better think wisely on how the you make calculations and spend wisely also.

Thanks for sharing your thoughts here!

Cheers

Jumping into the real estate investing game might be a good idea. Buying your first property, the first thing you need to do is decide whether to buy it as a home or a rental property. This decision will impact on everything else you do down the line.

My initial investment in real estate was residential. There are more individuals looking for residential property as oppose to commercial property.