If you don't have some sort of plan or strategy in place to help guide you through the day-to-day process of investing in real estate, you're likely to have a ton of opportunities tossed at you. Seasoned investors don't let emotion guide their investing decisions. In fact, when they step back and take a look at the big picture, they are more likely to make the right decisions when it comes to buying a property. If you are just getting started, you're going to have to learn a lot about what works and what doesn't work when it comes to investing in real estate. It can be confusing and overwhelming, so here are a few things to keep in mind when deciding to invest in real estate:

1) Pick one segment to focus on.
2) Stay away from areas that are overpriced.
3) Don't overcommit your capital.
4) Keep up with the local happenings.
5) Take advantage of strong markets.
6) Consider the potential for appreciation.
7) Know when to sell - and when not to.
8) Do your research before deciding to buy.
9) Find professional help when needed.
10) Be patient and stay focused on the big picture.
11) Know when the time is right to make a move.
12) Be willing to walk away if the deal doesn't feel right.
13) Don't forget where you started out!
14) Be diligent! Always check your math! Always protect your downside! Always continue to learn!