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Updated almost 11 years ago,
Is there an equivalent of an investment advisor/broker, but for real estate?
Last year, I set up a self directed IRA in which I'd really like to use to invest in real estate. Initially I went back and forth on a few strategies on where to start, but i've narrowed it down to starting out on notes (Either performing or non-performing) first as my funds are very limited. Ultimately I'd like to end up with a healthy set of rentals 25-30 years from now such that I've got very healthy cash flow to retire on. So I clearly know the path I want to go. I've done lots and lots of research on investing in notes, and I really want to get started. The one thing I unfortunately don't have is the time to find the good deals, and the time to deal with the purchase and everything else that goes along with that. My day job as a software engineer (Which I love by the way, so it's not like I want to quit it to go into real estate full time) takes up a lot of my time. So I was wondering if there was the equivalent of an investment adviser/broker but for real estate investments that I can go to to work with me to achieve these investments. Investment advisers/brokers that handle the traditional stock investments are a dime a dozen, but I was curious if some actually work in the real estate arena.
When I say "investment adviser/broker" I'm talking about someone who helps you find the right investments for your goals and then you choose which ones they come up with and they execute them for you.
That's what I'm looking for. I've come to the conclusion that that's the service that I need. If that person exists, I certainly know there's fees involved, but from my point of view, I'm willing to spend the fees.
Does that person/service exist?