1: Speculation is not an investmentIn the world of real estate investing, you will find two types of individuals: speculators and investors. I was deep underwater and had to close, resulting in my first modest real estate “tuition” of $150,000. Rule #3: Your team mattersOne of the most important reasons I decided to join the Real Estate Investment Network in Canada was to connect with professionals who specialize in real estate investment. Quality investment properties simplify and simplify your real estate investment portfolio. Rule #10: Cash is king but cash flow is queenWe all know that cash is king, but cash flow is what really helps you achieve your financial goals.