By Ken Horst, The Motley Fool Mar 9th 2014 9:00AM
If you're just starting out with real estate investing, there's a lot to know.
You could feel overwhelmed with all the different articles out there trying to tell you what is most important, what you should learn first and a half-dozen other assertions.
But when you distill it down to the most basic components, there is a list of about five things you should know or consider before you invest in real estate.
Because they all ultimately impact your bottom line, knowing these five elements can be crucial to determining your success as a real estate investor and how well you accomplish your goals.
Without further ado, let's explore these tips:
1. Be Aware of Tax Laws
This is one of the…