need financial planner for considering purchase of bstone

We are considering the purchase of a legal 2 family brownstone. Looking for a financial planner who can help us map out how this fits with our overall finances and financial plans, eg., retirement, college tuition, etc. I am not looking for a mortgage broker, looking for someone to consider our overall income/assests and how this purchase would affect our financial future taking into consideration short and longer term expenses.  thnks

ktm6

in Financial Services 13 years and 2 months ago

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dancingirl | 13 years and 2 months ago

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My financial planner is Beth Olmstead 212-924-9527\. I have worked with her for 15 years. She is very good and honest,can’t say enough good things about her..

ktm6 | 13 years and 2 months ago

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Thanks ejablk and brokelin for your responses. I have talked to friends who own homes and I have that information — eg., how much to put away for major repairs, less than anticipated rental income, etc. I need someone to look at our finances regarding this purchase factoring in our age, retirement plans, college tuition expenses, etc. It is not the ownership expenses per se  that I need help with figuring out, it is the overall financial picture.

alam | 13 years and 2 months ago

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NOBBBBBB

brokelin | 13 years and 2 months ago

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And accountants who do their taxes…I think they have the info you seek.

ejalbk | 13 years and 2 months ago

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I’m not so sure a standard financial planner is going to give you complete answers as they may have no experience in what’s involved with the ownership of a two family. You probably also need someone with a lot of experience with the potential long term costs of ownership, what you need in reserve for a new roof or a new boiler etc. Talk to some long term owners of two family homes.