Do’s and Don'ts in Real Estate Investment by Sunil Tulsiani

Investment in Real estate is a complex business. In this business, success is not by chance. It requires an assured amount of understanding and analysing of the real estate. You have to make a list of Do’s and Dont’s. There are some common mistakes every investor commit which include the lack of research and planning. Real estate business in Canada is very important because it is one of the most beautiful places for the investment. 

Some of the common mistakes:

• Lack of planning before investment: This is the biggest mistake that most of the investors make. They buy a property first and do not know what to do next. First, you have to plan what you will do next before investing in real estate. Planning is important.
• Lack of trust in realtors: find a good real realtor on which you can rely and who will help you to find your desirable property.
• Old and Fixed set of ideas: You cannot just stick to your old ideas all the time. Just wait for the right time for the investment.
• Selection of Location: It is most important part of the investment if you are planning to sell the property in future. Location near the shopping malls, schools, market and other basic amenities will attract a lot of people.
• Funds: It is important to discuss with your financial advisor or bank for the loan before you invest.
• Paying more than it’s worth: You have to do research about the value of the property before you pay the amount.

Many best real estate investors have shown an easy way to people who want to invest in real estate. Sunil Tulsiani is one of them. If you want to invest in real estate in Canada then this article is for you.

Sunil Tulsiani, CEO and founder of Private Investment Club is a real estate investor. He started his career as a Police officer with the Ontario Provisional Police. He served in the Greater Toronto area for at least about 15 years. He was very content and satisfied with his job. But his wife and children were suffering so much due to this job as he could not give his time to them. Sunil Tulsiani is among the best real estate investors of Canada.  In 2005, he decided to invest in on sale properties. Although, he had no experience in real estate, no business connections but he invested about 77 properties within the first year. He became the first Cop in the Toronto area to have gained such a profit and making him a real estate millionaire. 

Sunil tulsiani’s journey from the police officer to a real estate investor is not easy. There are some common mistakes people do while investing in real estate. Sunil Tulsaini’s book “The 7 Most Expensive Mistakes I’ve Made in Real Estate Investing” is a great help to all those who have or who want to invest in real estate in Canada. This book explains all the mistakes that one should avoid while investing in real estate and how can they be avoided. This book was sold in million numbers making him the best-selling author. In addition to this, he is also a Public Speaker and a great mentor to many Real Estate Investors. Sunil Tulsiani is also a co-author of the book “The Success Secret” with Jack Canfield.