NC/VA asset management/financial advisor?

[Sabine French]

Hi all, been lurking for a while & doing weekly webinars/podcasts. Very excited to be a part of this community and by what I’m learning!

Approx 15 years ago, through inheritance, helping out a friend in bankruptcy, and just because we enjoyed rehabbing houses, my then-husband & I found ourselves the owners of 5 SFH. We owned 4 of them outright. We jokingly called ourselves "house hoarders." We had no plan. Rented one house out because we couldn't sell it in the 2008 market. When I asked both my banker and CPA how we could leverage/structure some of this to build wealth/reduce taxes, we got incomplete advice that steered us away from pursuing (knowing what I know now, neither were investor friendly/savvy).

Fast forward to now (with eyes open!): those houses are gone and I want to start over in a way that will allow me to replace a portion of my income within two years (beyond that, I’m flexible). I don’t qualify for conventional mortgages.
To help me forge this path, I’m interested in guidance on asset protection/tax strategy/real estate investment strategy. Something like what Anderson Advisors appears to do, but less opaque.

1.Is this one person or three?
2. What are they called?

3. Are they a fiduciary?

4. How do they typically get paid: flat fee? Or based on some sort of percentage?

Thank you in advance, REI hive mind.

Sabine French

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