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Updated over 3 years ago on . Most recent reply

User Stats

12
Posts
18
Votes
Caio Ferreira Torres
Pro Member
  • Rental Property Investor
  • Danbury, CT
18
Votes |
12
Posts

401k vs Real Estate

Caio Ferreira Torres
Pro Member
  • Rental Property Investor
  • Danbury, CT
Posted

I just graduated and got a job as a structural engineer (starting this month). I accepted a salary offer of about 70k a year with a 401k match plan available. However, I want to invest aggressively in real estate. Specifically BRRRR single/small multi family properties. I'm going to continue living with my parents and minimize my bills for at least a year to save up as much as possible. After that I plan to house hack, begin investing in BRRRR deals, and grow a portfolio quickly but cautiously. With that being said, should I put money into the 401k or keep all my money available for me to begin my investing career?

  • Caio Ferreira Torres
  • Most Popular Reply

    User Stats

    209
    Posts
    156
    Votes
    Mike Adams
    • Port Chester, NY
    156
    Votes |
    209
    Posts
    Mike Adams
    • Port Chester, NY
    Replied

    I'd do both up to the match if possible. Do not turn down free money.

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