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Updated 7 days ago on . Most recent reply

User Stats

43
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23
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Kyle Hendricks
  • Lender
23
Votes |
43
Posts

Any amazing FIRE / RE focused financial advisors?

Kyle Hendricks
  • Lender
Posted

My wife and I have 2 units (1 LTR and 1 MTR) and are saving and looking to pickup our next deal this year. 

We both have decent jobs, no debt (besides mortgage) and are pretty analytical and good savers. I got my degree in finance and am a lender so I have always felt like I could just do it myself.

That being said, we feel we are getting to the point where we should probably look into hiring a financial advisor / planner. I understand the value of someone who is an expert in their field and know that someone that does this for a living could do it much better than myself.

I would really like someone who focuses on FIRE and real estate investing since that is the goal we are working toward. To us it is more about the planning aspect and setting up systems to save for properties and manage finances, rather than someone who just wants to put our money in the market.

Does anyone have someone they would recommend or advice on taking this next step? Thank you!

  • Kyle Hendricks
  • Most Popular Reply

    User Stats

    43
    Posts
    23
    Votes
    Kyle Hendricks
    • Lender
    23
    Votes |
    43
    Posts
    Kyle Hendricks
    • Lender
    Replied
    Quote from @Bill Hampton:

    @Kyle Hendricks

    You came to the right place. Bigger Pockets is a great place to find a real estate focused financial planner.

    A good financial planner can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation, 1031 exchanges, financial planning and tax planning.

    I recommend finding a financial planner specializing in real estate taxation, business taxation, financial planning, and tax planning.

    Consider working with your financial planner remotely to expand your options.

    I would also recommend looking for a financial planner willing to work with you throughout the year. You want a financial planner who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.

    Good luck.


     Thanks Bill, that is exactly what I am looking for. Thanks!

  • Kyle Hendricks
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