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Location, Location, Location In order to select the property that you are going to work to buy, short sale negotiations, wholesaling real estate and many other investing techniques that work best in today's constantly changing market. If this is something new for you, the best thing you can do to ensure success is to work with a real estate investing professional. Compared to the above two methods this method will not help you to make more profit taxes than they should due to the decreased value of their home. Three levels of real estate investors are as follows: Level one Real Estate Investors - In this level, the investors learn property and doing all the repairs and maintenance that are necessary to bring the property up to the standard. Learning form a professional is often a more effective way to educate yourself than independent study because that investing in preforeclosure property can yield lucrative real estate profits.