How can one mitigate risks in real estate investment?

[MadMax]

Mitigating risks involves thorough research, diversification, and risk management strategies. Conducting due diligence on properties and markets, maintaining adequate insurance coverage, and having contingency plans for unexpected events can mitigate risks. By leveraging professional advice from real estate experts and financial advisors can provide valuable insights into risk assessment and mitigation strategies.

 

[Heatman]

If you are still new in real estate investment, it is going to be in your best interest to consult professionals who are already in the business for a long time so that the knowledge they have in the business will help you to make a better investment that is going to favor you, otherwise you're going to end up investing your money in projects that will not bear you any positive return.

 

[Enyi]

It is to work with a genuine realtor or agent. you need to do your research and be sure they are real