All Forum Posts by: Matt Haddock

We totally get your struggle in finding the right financial advisor, especially one who knows the ins and outs of real estate investing. That's exactly why we're rolling out our new Financial Services Finder at BiggerPockets this March.

Our goal is to bridge the gap between real estate investors and financial advisors who truly get the nuances of REI.

This tool is all about connecting folks like you with advisors who aren't just about managing investments. They really understand real estate and can help you make a solid plan as you move away from your W2 job. They're the kind of pros who can dig into your plan, give it a good shake, and offer smart advice on everything from portfolio strategies to tax stuff.

Sounds like it could be a game changer for you, right? Keep an eye out for it in March, and feel free to shoot any questions my way!

@Michael Calvey I'd be interested to learn more about this. Feel free to shoot me a message.

0 Votes

Cape Coral, Florida

Personal Finance

Post: Looking for input to help me find a finacial advisor who understands REI

Matt Haddock

Posted January 30, 2024 08:56

Financial Advisor
Hartford County, CT
Posts 11
Votes 8

Quote from @Mike Terry:

Greetings BP Community,

I'm an avid Real Estate investor alongside my role as a W2 employee, and I'm currently seeking a financial advisor, preferably one who operates on a fee-only basis. My aim is to develop a comprehensive financial plan as I transition away from my W2 employment over the next few years. Finding the right professional for this task has proven challenging due to the prevalent compensation structure in the industry, which heavily emphasizes investment management. Frankly, I'm skeptical about the value proposition of advisors solely focused on investment management; their performance often fails to justify the associated costs. What I truly need is an advisor capable of fleshing out my skeletal plan, critically reviewing my assumptions, and providing expert insights on portfolio management, tax implications, and potential pitfalls. If such a person exists, I'd greatly appreciate any recommendations.

Additionally, I'm open to considering non-professionals who excel in specific areas where professional advice may be lacking. I'm aware that there are individuals who think strategically and possess a deep understanding of these complex issues. Figures like Paula Pant, Joe Saul-Sehy, Scott Trench, and Mindy/Carl Jensen come to mind; they possess broad knowledge and excel at simplifying intricate concepts into easily digestible points.

I look forward to any recommendations or insights the Bigger Pockets' community may have.

Warm regards,

Mike

@Mike Terry Hi Mike, I am a financial advisor and completely feel your pain as well across our industry. Everyone is focused on Assets. I do offer fee only financial planning. Happy to connect to see if I can be helpful.

Thanks,

Matt

2 Votes

Cape Coral, Florida

New Member Introductions

Post: Hello from Suffield Connecticut

Matt Haddock

Posted May 25, 2022 05:20

Financial Advisor
Hartford County, CT
Posts 11
Votes 8

0 Votes

New Member Introductions

Post: Do you want to lose $20,000?

Matt Haddock

Posted January 20, 2021 11:41

Financial Advisor
Hartford County, CT
Posts 11
Votes 8

@Jessica Heyse Hey! I am located in Suffield as well AND also in the process of getting my course hours done. I have a local group of people I'm pulling together, so maybe we can all connect over a Zoom. We would certainly expect wine to be involved.

@Morgan Wilson Hey neighbor. I live on the West side off of Copper Hill!

1 Vote

New Member Introductions

Post: Looking to connect in CT/Western MA

Matt Haddock

Posted November 30, 2020 22:06

Financial Advisor
Hartford County, CT
Posts 11
Votes 8

@Sierra Swords Hi Sierra, that’s awesome! I am about 20 minutes from Westfield. Ironically, my parents live in Northern NJ.

Looking forward to connecting!

0 Votes

General Real Estate Investing

Post: Seller Financing? Has anyone had success with it?

Matt Haddock

Posted November 28, 2020 13:10

Financial Advisor
Hartford County, CT
Posts 11
Votes 8

@Michael Noto Hey Mike, I’m in CT as well. Would love to connect.

1 Vote

New Member Introductions

Post: Looking to connect in CT/Western MA

Matt Haddock

Posted November 28, 2020 12:57

Financial Advisor
Hartford County, CT
Posts 11
Votes 8

@Glen Zuffelato Hey Glen, would love to pick your brain about Springfield and out of state rentals. Shoot me a PM with your contact info and I’ll start to pull this group together.

0 Votes

New Member Introductions

Post: Looking to connect in CT/Western MA

Matt Haddock

Posted November 28, 2020 12:55

Financial Advisor
Hartford County, CT
Posts 11
Votes 8

@Ivan Dushchenko Ivan, great to meet you. Shoot me a PM with your info!

0 Votes

New Member Introductions

Post: Looking to connect in CT/Western MA

Matt Haddock

Posted November 28, 2020 11:31

Financial Advisor
Hartford County, CT
Posts 11
Votes 8

Hey everyone. My names Matt. I live in Northern Hartford County, CT. I’m right on the border of Western, MA (Springfield) as well.

With COVID keeping networking events to a minimum, I'm finding it hard to meet other investors, agents, brokers in person. I'm actively looking for properties with cash in hand.Would anyone want to create a local group to get together, even via Zoom, to talk about the local market, deal breakdowns, possible JV opportunities, etc. I'm also going to be getting my real estate salespersons license in 1Q21, with a focus on working with investors, so let's connect!

Hope to hear from anyone in the area or anyone that may invest from out of state.

Thanks,

Matt

2 Votes

@Malik Sesay If you withdraw funds before 59.5 you pay income tax and 10% penalty. So not the greatest. I’d recommend doing a loan if your plan permits it and repaying it back to yourself.

0 Votes

Matt Haddock has started 1 posts and replied 11 times.

Rounded Star Post: Looking for input to help me find a finacial advisor who understands REI

Rounded Star Post: Looking for input to help me find a finacial advisor who understands REI

Rounded Star Post: Hello from Suffield Connecticut

Rounded Star Post: Do you want to lose $20,000?

Rounded Star Post: Looking to connect in CT/Western MA

Rounded Star Post: Seller Financing? Has anyone had success with it?

Rounded Star Post: Looking to connect in CT/Western MA

Rounded Star Post: Looking to connect in CT/Western MA

Rounded Star Post: Looking to connect in CT/Western MA

Rounded Star Post: Taking money from 401k

Post: Looking for input to help me find a finacial advisor who understands REI

Post: Looking for input to help me find a finacial advisor who understands REI

Post: Hello from Suffield Connecticut

Post: Do you want to lose $20,000?

Post: Looking to connect in CT/Western MA

Post: Seller Financing? Has anyone had success with it?

Post: Looking to connect in CT/Western MA

Post: Looking to connect in CT/Western MA

Post: Looking to connect in CT/Western MA

Post: Taking money from 401k