Also cash flow works a bit better out in the inland empire being properties are a bit cheaper currently helping my parents in Perris, CA with two rental development projects.

Me and my partner are almost to the point where we can begin our wholesaling business, which will eventually turn into an empire.

I believe a duplex in southern CA is merely a capital gains or appreciation play especially in areas like Huntington beach, Seal Beach, etc because the cash flow will barely coverage the mortgage/tax/insurance in most cases if not probably negative cash flow and that's probably being generous with expenses and managing the property yourself.In some rare instances in east LA, inland empire, non coastal, Kern county, or other you may be able to find cash flow focused properties though.

With one life is great; w/o a good one or with a bad one life in land-lording land is rough.Yesterday got an email from a tenant asking me if he could email my handyman and have him replace a burned out wall heater.

The future properties we will acquire will become the start of our real estate empire (buy and hold).

Some folks are trying to build empires - I suggest working smarter - working less and still making a very good living.I've flipped houses for 20 years doing 2-5 per year, and can retire at 53.

I am here to help you grow your real estate investment empire!

@Kerry HennessyIt depends, do you want to build a real estate empire (work required, not truly passive), or are you just happy with $5k/mo of truly passive income from this $1m?

hi everyone in biggerpockets! I'm jacob repreza. I live in chino hills,CA and in 3 weeks will be 21 years old. I stumbled upon Biggerpockets when one day, I realized I didn't want the average 9to5 job that everyone ha...

My main goal right now is to buy and hold rental properties until I'm receiving $20,000/m and I'd quit my full time job to manage my properties and continue to build my RE empire.