Purchase price: $115,000 Sale price: $143,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Jamari Spruell, acquired a property on Sleepy Hollow Ln in Jonesboro, GA, for $115,000 on 3/25/2022.

While this could lead to a temporary softening in rental demand, it also opens up opportunities for investors to acquire properties at more favorable terms.ConclusionThe recent drop in mortgage rates to their lowest point since May 2023 presents both opportunities and challenges for the housing market.

I already owned a large portfolio, but wanted to learn some non-traditional techniques for acquiring properties.

This will be tough because you acquired the property title subject to the prior sellers note.

I started acquiring LTRs in my 30s and it was cheaper back then.

As an example, the most recent property we acquired is situated in Waco:)

For illustration purposes, what are the benefits of acquiring 100 units if they are located in a C/D market with terrible fundamentals and no reasonable expectation they will appreciate?

The higher price and only moderate school district rating could impact long-term appreciation compared to Plum Creek.1031 Exchange: As Dustin mentioned, you can diversify by acquiring multiple properties under a single 1031 exchange.

Currently, funding seems to be our biggest hurdle in acquiring real estate. 

My wife being Mexican may facilitate the process of acquiring properties however we are not familiar with much of the real estate process in Mexico.