This is a great thread as I am new to REI and looking into house hacking a MFR for my first purchase in the Inland Empire.

Castro who had turned her and her husband’s teacher salary into a vast real-estate empire.

Here are some new Member TipsTip # 1: How to Use @Mentions on BiggerPocketsTip # 2: Setting up Keyword AlertsTip # 3: 25 Tips for Real Estate SuccessTip # 4: Check out the Start Here pageTip # 5: Check out BiggerPockets Ultimate Beginner's GuideTip # 6: Listen to BiggerPockets PodCastDon't know which one to listen first..listen to BiggerPockets Podcast 108: Building a 350 million Real Estate empire using the 10X rule with Grant CardoneTip #7: VotesTwo things you may find useful:1.

Even "knowing" this, it is difficult for me to translate into action... even forgetting the pesky timing issue.(1) Real estate is local, strategy is "personal"With Inland Empire crisis fall % of 75%+ ($300k to $70k) and his many skills/resources, I can fully understand why Bruce Norris would be all out and then all in.http://www.thenorrisgroup.com/training/real_estate....However, my areas did not experience -75%.

Instead of just telling them, I wanted empirical proof that real estate would net a much higher return that the typical 401k investment plan, so I created sheet comparing 401k investing vs. 2 very conservative real estate plans.

Here are some new Member TipsTip # 1: How to Use @Mentions on BiggerPocketsTip # 2: Setting up Keyword AlertsTip # 3: 25 Tips for Real Estate SuccessTip # 4: Check out the Start Here pageTip # 5: Check out BiggerPockets Ultimate Beginner's GuideTip # 6: Listen to BiggerPockets PodCastDon't know which one to listen first..listen to BiggerPockets Podcast 108: Building a 350 million Real Estate empire using the 10X rule with Grant CardoneTip #7: VotesLook forward to connecting with you here on BP.Good Luck

All the empirical data actually suggests it's quite the opposite.

While there are many downsides to being active, we have found it very productive to buiing an real estate empire. 

With that kind of ambition, you have to listen to BP podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule.

Some folks have drifted towards Bakersfield for it, some Inland Empire (all still debatable for cash flow), and others out-of-state.