Do you have any suggestions for a CPA Tax Return provider in the Southern California Inland Empire or Pomona area that specializes in Real Estate investors. 

It just feels like I'm racking up a massive amount of debt and waisting my time while I could actually be working.Thanks for reading!

Does anyone have a success story of starting out with $5000 and being able to build their real estate empire to a $1M portfolio?

To my understanding it's a waist of time. 

Also, note there are several books in the BP bookstore about private funding/acquiring funding: Brandon Turner's "The Book on Investing In Real Estate with No (and Low) Money Down" Matt Faircloth's new book "Raising Private Capital: Building Your Real Estate Empire Using Other People's Money", Anson Young "Finding and Funding Great Deals: The Hands-On Guide to Acquiring Real Estate in Any Market", there are several more books out there on this topic.

How aggressive have you been in building your empire?

My ultimate goal is to buy and hold rental units and continue to increase my portfolio over time resulting in an impressive real estate empire i can pass down to my children.

I am leaning towards multifamily homes in Los Angeles county or Inland Empire area.

You are expecting 2189 a year at your calculations, however, its actually 2 units, so you are getting 1050/door/year which is pretty thin for the privilege of a mandatory job as property manager for 2 tenants, since you dont have enough budget to hire a real PM and scale your empire.

Hello BP community.. My name is Rick, I am new to the real estate investing industry. Going on about 3 months now since I began my learning venture. Myself and my girlfriend did what most other investors say not to do...