Finding a Financial Planner who understand Real Estate Investing

[Joni Martin]

My husband and I just met with a Financial Planner who had the deer in the headlights look when we talked about our rental properties and real estate notes. We are about 3 years from retirement and trying to get as much passive income as we can via Real Estate Investing.  My feeling was he thought this was too risky at this point in our lives. He also stated that the people he sees that have real estate investments and are close to retirement have paid off the properties so the are not in debt.  I got the feeling he thought the debt we have with the properties we have is too much of a liability at this point in our lives.  I wonder if there are any Financial Planners who "get it!"  Have any of my fellow BP members had difficulty finding a Financial Planner that understands the Real Estate Investor?  Of course, he has never heard of Bigger Pockets either. :(

[Jeff S.]

Best thing is to ask them if they own RE. I would go with a fee only adviser who owns RE @Joni Martin.