There is a lot of different advice out there in relation to real estate, but in my opinion, one of the most important aspects to consider when buying a property is its location. When you're buying a home, the location has a huge impact on your lifestyle. It determines the length of your work commute, the type of neighbours you have, and how close you are to various amenities such as parks and schools. Similarly, when you buy real estate for a business, the location can have a huge impact on the customers you draw for your business, and even on a rental unit, location determines how much rent you can charge and which renters are likely to come to you. If you want to learn about the importance of location and other real estate essentials, take a look through this post.