ABCs of Real Estate InvestingThe book of rental property investingBuild a rental property empire

I have over 20 years experience managing multi million dollar businesses and now it’s time for me to build MY EMPIRE. 

I’d like to create a network in the inland empire/ Orange County, CA area.

We’ve financed all ourselves, via cash, cash out re-FI, HELOC and did one flip in a partnership that wasn’t a good fit for us financially (we did all the work, put in 1/2 of the $$ and split profits 50-50, so didn’t make sense to continue.)I think it goes back to what your goals are - if you want to build an empire, partnership is probably the way to go.

Since you have a year to save up and learn, you'll be on the right track in no time, but my 1 piece of advice would be to own your residence/house hack, then start building your empire. 

I then read two other books and mostly during class while in my junior year of high school: “Build A Rental Property Empire” by Mark Ferguson and “What Every Real Estate Investor Needs To Know About Cash Flow” by Frank Gallinelli.

@Kian Faramarzi Knowing what I know now if I had not been on the trajectory I was on when I was 21, which was that I owned a Bed and Breakfast, so was essentially house hacking altogether a little unconventionally, I would tell my college graduated self to buy a 4-unit on an FHA loan and house hack and save up and rinse and repeat and today I’d have a small real estate empire.

To me over leveraged means you have big car notes  your CC are close to or are maxed out and your only making minimum payments you go buy furniture and you finance it.. you buy real estate with the least amount possible down at market prices.And your cash reserves would only last you a few months to service all the debt.So no retail debt pay cash for anything you consume or use  OTHER Than a vehicle and decent amount of TRUE equity in your real estate no FO equity IE refi appraisal but you know the home would never ever sell for that on the open market. bascially follow Dave Ramsy and @Steve Vaughan  over the years on BP has written some really good comments on how to build an empire while balancing family life and fiscal safety..  

I'm in Irvine/Orange County, but mostly focus on the Inland Empire and Texas. 

Have you considered pulling capital out of your primary to use as down payments to expand your real estate empire?