I was earning 14% on a real estate investment, but all the financial advisers I interviewed wanted me to sell and invest in stocks instead. What gi


I was earning 14% on a real estate investment, but all the financial advisers I interviewed wanted me to sell and invest in stocks instead. What gi


Reader email: I interviewed many advisors for a year from standalone people to those at big firms. All, without exception, wanted to sell the real estate and convert it to stocks (they all had different approaches but in the end this was their message to me). Since my real estate holdings were medical office buildings kicking out 14% a month (annualized) before capital gains on the buildings, that made zero sense to me. I’m sure there are people out there who actually specialize in managing these kinds of portfolios but I didn’t find one...

...Firstly, let’s address why so many advisers were pushing you to sell the real estate. “The most likely reason you ran into this issue with such prevalence is that money managers and financial advisers are often compensated based on the amount of assets that are under their management. If you sell the real estate and turn over the proceeds for them to invest, voila! They get paid on that,” says Greg McBride, chief financial analyst at Bankrate....


   ...more

RSK: Usually, just follow the money....most advisors make money on stock trades and portfolios.....that simple. However, some advisors do charge a flat fee and not a percentage and are familiar with real estate investments. You need to find one of those.

Ken Notes: I`ll pitch this one more time, Ralph and I would love to do a newsletter strictly for real estate investors for one or more sponsors. Imagine being the expert / source of sound info on investing for your clients or potential investors weekly. This is very affordable marketing...

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- - Volume: 10 - WEEK: 26 Date: 6/21/2022 8:38:54 AM -