Location is a big one. Properties in areas with growing economies or improving infrastructure tend to do well. For example, if a new university is built nearby, it can increase property values. Another factor is the property condition. Buying a well - maintained property or one that can be easily improved helps. Also, having a long - term vision. Not getting swayed by short - term market dips. For instance, during a recession, if you hold on, the market usually recovers and your property value may increase even more.
In many success stories, a key factor is the investor's financial stability. If you can afford to hold the property through tough times without having to sell at a loss, that's crucial. Another aspect is the type of property. Residential properties in family - friendly neighborhoods or commercial properties in business hubs can be good choices. And don't forget about the local community. A strong, growing community can support property values. For example, if there are community initiatives to improve the area, it can have a positive impact on your real estate investment.