Updated about 4 years ago on . Most recent reply
401k vs Real Estate
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?
Most Popular Reply
I'd do both up to the match if possible. Do not turn down free money.