Family farms play the most important role in cattle production in Republic of Serbia. These farms are dealing with different types of cattle production, and each production type requires different structure of investments. Questionnaire that involved family farms indicated that some farms invest more in cattle housing, but other farms invest more in modern equipment. Analysis indicated big dependence of necessary investments from cattle production type that exist at family farms. It is also determined that farms which have the biggest total investments in contemporary technical and technological systems in dairy production achieve more favorable business results.