The current condition of the real estate market throughout North America makes it an attractive investment opportunity. The fact that commercial or residential property is a stable long-term investment notwithstanding, economic problems facing property owners make for some great deals to be had. Nevertheless, there are some common mistakes that absolutely must be avoided to ensure that you make money rather than lose it. Some of the key mistakes include lack of research, following inaccurate advice, not leveraging bank funds, and not being able to look after property because of a lack of funds.