Some people may think it's a bad time to invest in real estate because of the uncertainty of the financial markets, but with prices coming down lower than they've been in years many experts feel it's a great time to get in if you have the resources to do so. Real estate entrepreneurs like Andrew Borrok know that opportunities don't always appear to be rosy when they may actually be your best chance to get in and make a bold investment. As time progresses, the market will heal itself. This means there is a great shift in power and it may be the perfect time for a real estate entrepreneur to take advantage of the opportunity.

If you're interested in a real estate venture there are many things you can and should do to prepare yourself. As entrepreneurs such as Andrew Borrok have proven time and time again, the right investment is one that has been planned and looked at strategically from all angles before getting involved in it. The first thing you will need to know before you take on any investment opportunity is how you will enter into this market. Do you have cash you are paying with, or will you be financing? Can you find partners to invest with you, and what will you do to turn the investment into a profit? These are the first questions to ask.

If you will be financing any portion of your real estate investment, you will need to know what is entailed in financing and how you'll use the funds. Andrew Borrok, for example, refinanced to make improvements on a 550,000 square foot office building on 34th Street in New York City acquired during the court approved buy-out of nearly 90 partners, resulting in massive profits. Intelligent financing can make all the difference.

Also make sure you understand all points of a contract and get a realtor or broker that understands your needs. Then you're well on your way to success.