Financial Advisor · Winston Salem, NC · Member since 2016 · 195 posts · 161 votes
3y
Hey @Christine Krevalin - as you have found, there aren’t a lot of financial planners that understand, advocate for and even invest in real estate themselves. As an additional layer, many times the advice provided can have a goal of selling a product, like insurance or asset management. It is important to seek out a fee-only financial planner, and most times you will probably have to hire someone that isn’t local to you to find someone with expertise in Real Estate.
I’ve been a real estate investor for 15 years and decided 2 years ago to start a financial planning company that would focus on working with real estate investors utilizing a flat-fee/fee-only structure. There are some other great places to look for an advisor, one of which is XY Planning Network and the other is NAPFA. Both of these organizations have Find An Advisor tools.