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I’m a rookie. What are some tips when it comes to investing in real estate?

After years of handing out real estate investing advice to friends and family that want to dabble in the market, here are the four essential tips we keep coming back to:

Go slow. Don’t invest more than you can afford to lose. As we like to say: If you’re losing sleep over your investment, you’ve probably invested too much.

Be part of the community. When you join School of Whales, you’re joining a community of like-minded investors. And like any community, you should enjoy being a part of it. Get involved, visit our properties, and of course, share the word.

Don’t depend on just one investment. As all of our mothers used to say: Don’t put all of your eggs in one basket. We can’t stress this enough, but it’s incredibly important to diversify your options. You have a higher chance of making a return, if you invest your money in more than one project. Check out School of Whales portfolio, and if you like the projects we’ve invested in, follow our lead and make a few of your own.

Do your homework. If you have questions, don’t be shy and ask. That’s why we’re here. At School of Whales, we have free educational materials and plenty of information about our projects online. If you want to learn more, just give us a call. We’re happy to chat, especially about real estate.