Legendary investor Charles Schwab recently told Barron’s the biggest mistake most novice investors make is procrastinating. They wait for market conditions to improve instead of preparing for fluctuations by investing the resources they already have. Schwab was talking about stock investments, but the same principle applies to real estate. The younger you start investing, the sooner you start earning. Of course, you’ll only make money in real estate if you have a sound strategy, as the last decade’s housing crisis illustrates. If you plan to invest in real estate, get started with these tips from experienced investors.