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Updated almost 7 years ago on . Most recent reply
Selling in CA now - is this a good idea
My friend who bought his primary residence in 2014 has his home appreciated by about 500k. He is wondering whether to sell and use half of the proceeds to acquire 1 mil worth of income properties in Florida or Ohio. Wait for more appreciation or bail out now? Any thoughts?
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If my house appreciated by that much I would do what you mentioned and buy new investment properties. So pretty much your money made you more money.