[throw1234651234]

There are a 1000 real estate schemes/strategies being marketed to people:

1. Flip - buy undervalued property, fix it, sell it. Variation: buy in bad neighborhood, fix, rent, neighborhood gets better, sell it.

2. "Buy cashflow" - e.g. find properties where rent > monthly payment/taxes/interest/maintenance. Impossible now.

3. Split and short term rental - buy house, fix, split single family home into 5 units (garage == unit, basement == 2 units, each room == unit, etc. I see this in the US more and more now, which is an indication of the economy.

4. Rent, short term rent out (often fully legally with consent of apartment / house owner). Benefit to this is no cash investment.

5. Houses at foreclosure auctions. tldr: Sell for more than normal open market houses now because everyone goes.

I can list about 15 more, but again, the point is that the market isn't what it used to be so none of these really work anymore, but it doesn't keep people from pushing them.

[rcbdev]

"Buy cashflow" is alive and well in many European metropolitan areas. Especially Austria and Germany - this is the area I do business in, at least.

People tend to forget that real estate is a local market to some extent.