Simply stated, when investing in real estate, the goal is to put money to work today and allow it to increase so that you have more money in the future. The profit, or `return,` you make on your real estate investments must be enough to cover the risk you take, taxes you pay, and the costs of owning the real estate investment such as utilities, regular maintenance, and insurance.
Real estate investing really can be as conceptually simple as playing monopoly when you understand the basic factors of the investment, economics, and risk.
To win, you buy properties, avoid bankruptcy, and generate rent so that you can buy even more properties. However, keep in mind that `simple` doesn't mean `easy.` If you make a mistake, consequences can range from minor inconveniences to major disasters. You could even find yourself broke or worse.
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