Speaking about investment, it's a crazy ride out there. 🎢 Market trends, investing methods, and economic situations are like a rollercoaster—they constantly change and twist.

Honestly we wanted to rent out our other unit in our other duplex and we loved the area.

If you live in the property for at least 2 out of the last 5 years, you could qualify for the Section 121 Exclusion, which allows you to exclude up to $250,000 ($500,000 for married couples) in capital gains from taxes. 

Hi @Claudette Brown-Mendoza, thank you for reaching out and yes that would be great 👍.

If they weren't that successful then are they the best people to be dishing out paid advice?

rehab came out great.

If you have any more specific questions about multifamily investing feel free to reach out.  

Thank you Murrieta Menifee Winchester Temecula Riverside Update: this ADU is finished and rented out.

Even if you get a great deal that is 20% below market, appraisers will typically be anchored by the last sale price and you may be stuck not being able to pull out as much cash as you need to pay off the HELOC.

@Rosette PooleRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?