Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Henrik Lemos
  • Investor
  • West Sacramento, CA
1
Votes |
3
Posts

How to find financial adviser for retiring prop. investor

Henrik Lemos
  • Investor
  • West Sacramento, CA
Posted

Hi folks,

I'm trying to help locate an appropriate financial planning/analyst resource. Someone with experience analyzing and making recommendations re: existing investment property portfolio... and making adjustments/recommendations for a retiree.

My mother is a lifelong property investor with over 15 (single family mostly) properties owned. The issue is she never had a retirement plan with regard to these properties (in the sense that traditional stock planning has one shift assets from growth to stability as one gets older). She always (and continues) to invest for long term ownership, breakeven cash flow, and not much else.

She's not going to listen to family (well into retirement age and refuses familial assistance with decision making). I need a resource (competent authority) that can analyze the properties, rents, loans, and whatever else... and make recommendations to do (whatever it takes) to generate retirement sustaining cash flow.

How do I find this professional? Every "financial planner" I talk to knows less than me about property investment and analysis. I don't know much.

Looking for someone preferably available face to face, in California, in the east bay (anywhere from Concord to Sacramento would be fine). Mom is an septuagenarian and not up for doing this exclusively over the Internet.

I wish I could say she could talk to her property manager... but she continues to do all of it herself.

I apologize in advance, you may see this query posted in a few forums. I'm desperate to help my mom generate, and move forward with, a plan... and I'm seeing a brief window of opportunity where she isn't completely closed to the idea (after many years of me trying to get info out of her).

Loading replies...