Dov Hertz

Investing in real estate can be highly profitable, but it comes with significant risks. Real estate developer Dov Hertz compares it to navigating a minefield: "Success in real estate is about avoiding pitfalls and knowing when to pivot. Those who don’t end up stepping on a mine and losing everything." To maximize returns while ensuring long-term success, it's crucial to manage these risks effectively. Here are some essential strategies to help you navigate the challenges of real estate investing: 1. Diversify Your Portfolio Diversification is a key strategy in risk management. Instead of concentrating all your capital on a single property, spread your investments across different types of real estate—such as residential, commercial, and industrial properties—and in various geographic locations. This approach ensures that if one market segment or area faces challenges, your entire portfolio won't be significantly impacted. 2. Conduct Thorough Due Diligence Dov Hertz ...

When investing in real estate, it’s crucial to assess the long-term potential to ensure sustainable growth and maximize returns. The following strategies can help you determine whether a real estate investment will provide lasting value. 1. Analyze Market Trends Dov Hertz advises, “Stay informed about historical property values, rental yields, and the supply and demand dynamics specific to the market. Understand local economic indicators, such as job market growth, population shifts, and infrastructure development. Locations with strong economic foundations and growing populations, particularly those leading to job creation, are likely to see long-term property value appreciation and increased rental income.” 2. Consider Human Factors According to Dov Hertz , “Location is the key driver of a property’s long-term value.” Assess the neighborhood: Is it safe? Are amenities readily available? Is there adequate access to schools and public transportation? Properties situated in desirable a...