Real estate is one of the safest investments—if done correctly. Unfortunately, many investors lose money not because the market is bad, but because they made avoidable mistakes. Here are seven common real estate investment errors to steer clear of.

1. Buying Without Verifying Documents
Always confirm the title documents: C of O, Deed of Assignment, and Survey Plan. Don’t take any agent’s word for it—verify with professionals.

2. Falling for ‘Too Good to Be True’ Deals
If the price is far below the market rate, it might be a scam or a litigation property. Always ask: why is it so cheap?

3. Not Visiting the Property
Virtual tours are helpful, but nothing beats physical inspection. Visit the land or building at least once before making payment.

4. Ignoring Future Development Plans
Buy in areas with government or private development plans. A plot near a proposed airport or highway will appreciate faster.

5. Not Factoring in Total Costs
Apart from the land/building cost, budget for documentation fees, agency commission, and development levies.

6. Rushing Into Joint Ventures Without Legal Backing
Joint ventures can be profitable but must be documented and signed by legal experts. Don’t go into handshake agreements.

7. Not Thinking Long-Term
Real estate is not a get-rich-quick scheme. Always invest with a long-term mindset.

Conclusion:
Avoiding these mistakes can save you money and stress. Get educated, ask the right questions, and consult experienced professionals before investing.