Working in the commercial real estate industry comes with unique financial planning for landlord reps.
While you may have a modest salary, you may also be subject to significant bonuses based on closing deals, limiting vacancy, and property profitability. You don’t fully control all of these things. This can result in uneven and somewhat unpredictable income. This affects your personal budgeting, cash flow planning, income taxes, and more. Even though you don’t control the business, you have to control and manage your own finances. That’s where we can help.
Additionally, as you think more about retirement planning or college savings, you have a number of choices to make. For example, can you build savings outside of whatever retirement plan your employer offers? If so, which type of the account is the best choice? And is the best choice this year the same as the best choice from last year? Do you need to make a change? Obviously, decisions you make today will have implications for the future.
At Dominion Financial Advisors, we can help you plan and manage your entire financial life, from the middle of your career until you pass your wealth on to the next generation. Let us handle the financial details so you can focus on your core career of commercial real estate.
Schedule a complimentary consultation or contact us to find out how we can help you with financial planning and wealth management, including investment management.