All Forum Posts by: Brian Hatcher

@Jessie Huffey Thank you for the great advice! I actually took tax as a class my last semester so I am very familiar with taxes, as well as loopholes ;). 

@Andrew Postell I am very thankful, I know I am very fortunate and blessed to be in such a position. 

I have been wanting to ask someone in the Real Estate Game if they actually see it as beneficial to invest in the 401k or matching plan that my company offers? My thought process is that investment properties create cash flow versus a set amount that won't grow and starts to deplete once I retire. So wouldn't it be more beneficial to use that money and just invest it into real estate since it would most likely give me a larger return in the long run?

I am coming up on my last semester of college, but am interning (paid) with a Big 4 accounting firm for this semester and will not really be taking classes. I will make a nice chunk of change (for a 20yr old) during this internship because I am paid the salary of a first-year associate, but broken down into an hourly rate

• 5X, XXX / 52 / 40 = My Hourly Rate

I am also paid time and a half for anything over 40 hours. My soon to be supervisor has told me that because of this, interns make the most money during the busy season since everyone works quite a bit, but they are all on salary.

After this internship, I am headed to graduate school through my Big 4 firm, where they are covering all the costs plus paying me an $18,000 stipend for living expenses, books, food, etc. Included in my one-year graduate program is a second internship, structured just like the first one but pays more. Upon completion, I have already accepted a full-time job with them in the 6X, XXX range.

I want to make wise decisions with my money and make it work for me. I would love some guidance on what I should do. I don't mind taking risks and would love to start investing in real estate. TIA for all reply's!

Just a little background: 

• No debt, I get paid to go to college (scholarships)
• Good Credit (high 700's)
• Have begun reading books and listening to multiple BP Podcasts daily.
• Interested in flips, and multifamily properties (especially a duplex to start out)