Dear Moms, I need you to recommend me a financial advisor since I need to make a desition between selling a rental property that is not rented to pay debt or wait until things get better. I've done many financial mistakes in the past and I don't want to go thru this again. I really want to be informed. I'm very attached emotionally to my property and my husband wants to sell it! I'm not here to invest I only need professional advice in how to proceed. All your help is greatloy appreaciated. Thanks in advance!
If you are a member of a Credit Union, call them and ask if they have a financial advisor on staff. I know mine does and it's free of charge to all members. Good Luck!
I have been through the wringer, dear. Give me a shout and we'll talk about who to sit down with.
DO NOT SIGN ANYTHING, there are companies that make promises in every arena of our lives, from debt management to funeral plots. There are only a handful of people out there who actually care about humanity, the rest are scam artists.
Like home remodelling, which I've done for over 25 years, I can only recommend a limited of number of people I would hire again.
Quit believing what you see on TV infomercials, the internet and newspaper/magazine ads.
You want to call and make sure the consultation is free.
But do not sign at that meeting. Take the information home and digest it.
Again, give me a call and we'll go through what I've been through and allow me to assist you through this phase of your life.
hi there--my brother in law is a financial planner in the Tampa/Clearwater/St. Pete area and I'm sure he can help no matter where you live. He is so easy to talk to and understanding of family issues...his name is Jeff Callahan--phone is ###-###-####. Good Luck!
Hi Aliia,
I would call my best friend Scott Miller and talk with him. He is a realtor, a business man, and very knowledgeable about the market, our financial times, and how to proceed with a question like yours. Can let you know what's happening out there and whether it is a good time to buy or sell or rent and how to proceed. He is intelligent and very trustworthy. He'd be happy to answer your questions and give you good, valuable input. Call him at ###-###-####. I'll mention your name so he'll know who you are.
Good luck. S. F. ###-###-####
Hi A.,
I am a financial advisor in downtown Ft. Lauderdale. I would be happy to work with you and your husband. An initial consultation is always complimentary.
Please keep in mind that the decision should be in relationship to your entire financial picture and your financial goals and not because of emotional reasons. A financial advisor is a good way to make sure that you are getting objective and unbiased advice.
Feel free to visit my website: www.tfcfg.com or call my office to make an initial appointment, ###-###-####. Also, if you want to email me directly, you can reach me at ____@____.com.
I hope to hear from you.
C.
A., I retired at 37 and I am now 52. We had rental property 3 places at one time. Here is what I sugguest. We held on to all our properties even when they were not rented and believe me it was hard sometimes but we muttled through. There was a time where we had to pay all 3 mortgages at once plus our home. Anyway, here is a couple of ideas, first try to rent it for less than what you were before and just get someone in there paying you something. Another is if you are going to sell it do it owner financing. Get a good down payment and hold the mortgage at a good percent rate. If you sell it out right it is a one time deal and believe me you will regret it. I would really like to chat with you on the phone to know your whole deal so I can advise you better. I know what I am talking about and did very well with my husband as we are both retired at a young age and have alot going for us. I am also an accountant so I am very good with money and the way to make more and live right. My phone number is ###-###-#### Good luck. Realtors will help you but they are out for their own good not always yours.
Why is the property not rented? I'm not a financial advisor, but I have bought and sold many houses and now is not the time to sell anything. At this point things can .only get better. If it's commercial property and I'm guessing it's not because of the emotional attachment, I'd try to wait to sell and keep trying to rent it. That being said, the bank you use will have advisors and they don't usually charge anything. Also, the Clark Howard website might be able to help you, either by email or phone call. I've used them and they're really on top of things Good Luck A.
I don't think a financial adviser is what you need then. Financial Advisers generally work with your entire economic portfolio. I can tell you that any real estate investment adviser would recommend holding onto property until the market turns in your favor, which it is not right now. On the other hand. If you are lucky enough to be able to sell and come out ahead right now, your financial situation will determine whether you should sell or not. Investors have their pick of foreclosures right now, so you aren't likely to get a good price for the property now anyway. Good luck.
I know a really good Christian finanacial advisor who has helped me.Where do you live? He is in Freeport FL but goes all over Ft Walton to Destin to meet with people. If you want his number email me at ____@____.com
Good luck
S.
