Interest Rates: The Trend is your FriendSo do we know where are interest rates headed from here?

I think maybe we're headed towards a renaissance here.

Hi Logan,To give a bit more background...Right now I'm trying to stay away from student rentals, though being in Mt Pleasant and Big Rapids that might be hard to do.

I live in the Grand Rapids area as well.

The previous owners had inherited the property and realized they were in over their heads managing the apartments.

This is always tricky as people heading towards foreclosure are getting reached out to from several people and are in distress, but good luck.

If they go out I can raise rents to still below market a little for a good deal to a tenant but after my lease up expenses still have additional equity and value to show for it.I shake my head at buyers buying Popeyes with some small franchisee that is 6.2 cap rate versus national grade credit at 5.9 cap and that Popeyes paying market rent.

The previous owners had inherited the property and realized they were in over their heads managing the apartments.Long term goal is buy and hold for cashflow.

I'm hoping to rapidly grow my portfolio in the next few years and am open to continuing long-term and short-term rentals and delving into commercial spaces, such as building or acquiring storage units. 

Or they just take your money and head to Vegas.Please make sure this money you can afford to lose