I woud sell time waisting properties in retirement to help streamline your life to add time for things that make you happy.

It takes very little time to run the empire.

I also evaluate how much work is involved in ownership, and is it an asset I want to own.Hubby and I are in our early 60s, so we aren't building an empire.

I think it is fine if you want to pass on wealth to the next generation but passing on a company or a real estate empire to the next or future generations isn't the same thing as generational wealth. 

Pray tell, how'd you expect to expand your empire if your cash is tied up?

If I am going to keep building my empire, it will be a good investment.

Be prepared to scale to multiple properties. one property will eat up your annual trip to memphis. dont think you can do remote asset management sitting from anaheim. also you can invest in inland empire with similiar numbers. i am not sure why you are not casting your net locally.

He has a substantial RE empire...

Applicants response:"I did not see the no cats or I wouldn't have waisted my time....I am assuming you didn't take the fee for my application...please refund or I will call the bank and have it reversed.I don't see the difference in cats vs dogs.

we'd like to slowly build a small empire of ownership of local businesses.i'm focusing on seller financing or SBA versus OPM... those options sound more feasible.i really don't want to crowdfund real estate, etc... i'd rather own my own businesses, flat out.we're ready to fail.... and also succeed :)thanks.