Still in school Here's my plan

[Alex Pueschel]

First off let me introduce myself. My name is Alex Pueschel and I am currently a senior in college studying finance. I spend too much time looking at different strategies and making plans for post college investments and finally decided I'd write it all down and see other peoples views on it. Also figured I would cover that I have no interest in marriage or children as of now.

I am in a unique situation where I have my tuition covered with a trust fund of sorts and will have roughly 30k remaining after I finish school. My hopes are that I will land a job post school making roughly 40000-45000 annually and I am also planning to live at home for two years to allocate more money towards investments. I don't plan on having much in the way of expenses either, I wont have a car payment and I'm planning on a monthly budget of roughly: 400 on gas and insurance, 200 health insurance, 500 on food, 100 phone, 500 for entertainment and any unexpected expenses. That comes to 1700 but rounding up to 2000 for anything unaccounted for.

That would leave roughly 15-20k extra for investing. My plan to start is to form an LLC and to find a residential property, 1500sqft, 2 car garage, decent neighborhood with good schools, low maintenance (newer roof, hvac, water heater etc,), for around 150k and use the 30k I would have as the down payment and then continue to reinvest profits and extra 15-20k annually against the note setting aside the money for taxes, maintenance, and HOA fees. That would allow me to pay off the remaining balance of the note in around four years. I will use this same strategy for two more homes which should take a total of 7 more years.

This is the point where I feel somewhat cold in my planning. My father is getting up in age and I am calculating investments from this point forward with the idea that I will have money from my inheritance to work with. (Roughly 800k and a home). So taking into account investments (homes) I should be bringing in about 4k a month net income on top of my job income. 

At this point I am going to move into commercial real estate, first of with an already established personal storage facility, based on current listings I've viewed lets say I would purchase one for 1.8 million dollars, only putting down just over the down payment of 20 percent (400k) and then taking my remaining 400k and purchasing two more residential properties, one outright and  one via 20% down, holding onto roughly 200k for emergency funds. Based on some income sheets I've gotten my hands off which include cost of property manager, one should net around 100k annually. Taking into account an overall loan payment paying back the remaining 1,620,000 which is going to be 8,700 dollars monthly.

Taking into account all streams of revenue I should be able to pay 16000 a month towards the note paying it off in a minimum of 15 years. At this point I would be able to retire and continue investing and/or have some fun in life. If you've read to this point, I appreciate it a lot. Thanks