Know what you’re getting into before you buy a short sale or foreclosure property, and be watchful of these five common mistakes.

A key part of successful real estate investing is finding the best real estate deals on the market. When purchasing an investment property, clever investors ensure that they are getting a great deal. However, getting a good real estate deal is usually not easy, particularly for first-time investors. So, how do you know if a real estate deal is a good one? In this article, we discuss what makes a good deal in real estate. Read on to find out:

1. Low listing price
2. A profitable location
3. High rental income
4. Low rental expenses
5. Low repair cost
6. Real estate appreciation
7. How to find good real estate deals

Check out the guide What is a Great Real Estate Deal? Things to Look For to make sure your next real estate investment is a successful one.