Paying attention to both the investment and operational sides of the business will make it a success. : Click the Follow button on any author page to keep up with the latest content from your favorite authors. Changes in the new tax law mean it's a great time to invest in real estate. Between lower effective tax rates for LLCs, potential drops in property prices in coastal markets and fewer tax incentives tied to home ownership, DIY landlords have an extra edge they didn't last year.