Charlotte advisors who specialize in real estate investing
Hi, anyone know of a Charlotte, NC, fee-only/fiduciary financial advisor who also knows REI? I'm looking for someone to help with financial/retirement planning who is experienced with retirement portfolios that consist of real estate along with traditional vehicles such as 401Ks/IRAs. Ideally, someone with knowledge of self-directed IRAs, Solo 401Ks, and the various tax implications. Thanks for any recommendations!
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As you have been searching, you have probably 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 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. I know of a few planners working hard on developing great resources for finding financial planners that specialize in working with real estate investors. Hope this helps.