Here in the US the best investments at the moment are foreclosures and fixer-uppers that you can get cheap and fix them up and hold them as rental properties until the market becomes a sellers market again.

The market here is currently a buyers market contrary to popular believe. This is the best time to buy and hold but you must get in atleast 20 to 50% below market value to be worth it. I am not sure what your market is doing at the moment but if it is anything like the US this is my recommendation.

Just like here you must do a market analysis by finding out what areas to invest in. Do not invest in bad neighborhoods. Contact the local real estate agents in the areas your looking to invest in. They can be your best friends, believe it or not. Talk to local banks they may have properties that they may want to get rid off and you could negotiate a well below market price.

Hope this helps.

Good Luck

I live in the US too (Florida) and not even investors are buying now. On my road, there are two vacant houses and on the next road over there are three. Nothing is selling because of the drastic turn in the housing market.. especially in Florida. You should consult a financial advisor or even a real estate agent to give you information on the areas you’re looking at to find out what is best for you to invest in.

Real Estate is a good leverage if you use it wisely. Most investors abuse and misuse it though. Common mistake is buying a real estate and wait for the appreciation. They have this buy-wait- and- pray strategy. They buy the house, wait and pray for its appreciation. One other mistake, most homeowners call their house an asset. Remember in the balance sheet, your residence is under the bank’s asset column. Meaning, it’s a liability on your part. why? because you’re paying for it. Robert Kiyosaki’s simple definition of asset and liability is- Asset- anything that comes into your pocket. Liability- anything that goes out of your pocket. very simple. Don’t complicate things. If you want to invest in real estate- invest into something that will give you a positive cashflow every month. Even if its only $300 or $500 cashflow. That is additional income going into your pocket. If you are earning $5,000/mo plus your cashflow of $500, there is now a total of $5,500/mo. Now if you can increase your cashflow to another $500, then another $300 and more, until you start earning a positive cashflow of $10,000/mo do you think you have to work hard for the money? No. Now you are making the money work for you. Your goal should be, invest into something where you can earn more and more money with less anbd less effort.