I'm from the Inland Empire, born and raised, and am attending law school this fall.

. - reserves for cost over-runs and unexpected emergencies- servicing the loan until the property is stabilised or flipped or whatever, once again this might be longer than expected.Best of luck with your future BRRRR empire! 

I fix problems for them fast and they in return take care of me by paying the rent on time.My systems and up front tenant training allow me to run my empire with very little of my time.

However as you grow your BRRRR empire, your income increases.

if somebody had 30k to start his real estate empire, how would that person start ?

Appreciation could be a factor.... time will tell.I believe historically properties keep appreciating in our area (except for 2008-2010) I’m focusing in the Inland Empire close to my residence.Thing is, previous owner insulated the garage already and put carpet.

@Coby RhodenContact Empire.

Just got my salesperson license , looking for a broker in the Inland Empire, CA Rialto, Fontana, Ontario or surrounding city’s .

Look at any major architectural feats, the creation of ancient empires, historic works of art, and even the rise of Facebook and Uber; they were carefully and intentionally planned.

that's why you'll see thousands of posts in the archives of this forum about people being a newbie wholesaler and "building their empire", but they quickly stop posting and we never hear from them again...again, sorry to be harsh...take it as constructive criticism and use it to motivate you to find some deals...once you find deals nobody else knew about, you'll have buyers begging you for more deals....good luck!