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Updated over 3 years ago on . Most recent reply

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23
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How can financial advisors help REIs?

Deshawn Peterson
Posted

Hey all, 

I am a financial advisor and also starting out in RE. I want to instead of going to RE alone, I want to leverage my resources, network, and skillsets to help others build their businesses. I'd like to partner with other REIs but am unsure of where I can add value specifically. I rarely hear REIs discuss working with a financial advisor so I thought I'd just ask. I was considering the following as ways to add value:

1. Connect REIs with other investors who are interested in syndications, being LPs, or providing private financing. Being in my profession, I'm surrounded by investors who are interested in other ways to mobilize their capital.

2. If you're a scaling operation, I can help you set up a SEP IRA, Solo 401K, and retirement systems for your employees. At a certain point, I've noticed that operations need a full-time team and benefits are always a question when employees are looking to take on a role.

I'd like any feedback on the two items mentioned and other areas where REIs do actually seek help from a financial advisor. Your feedback is appreciated. 

Cheers!

Most Popular Reply

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2,285
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Anthony Dooley
  • Investor
  • Columbus, GA
1,995
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2,285
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Anthony Dooley
  • Investor
  • Columbus, GA
Replied

Financial advisors typically push paper assets as opposed to real estate as an investment. Also, most advisors know very little about investing in real estate an typically advise against it. Therefore, it is no wonder REI don't discuss financial advisors very often.

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