Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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, SDIRAs & Cost Segregation
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 about 4 hours ago, 12/29/2024

User Stats

4
Posts
1
Votes
Keith Groshans
  • Investor
1
Votes |
4
Posts

Keep Idle Cash Working in SDIRA

Keith Groshans
  • Investor
Posted

My preferred investment in my SDIRA is mortgage notes. The monthly payments are great, but the issue I am running into is what to do with idle cash. My custodian does not have a money market or similar sweep account to keep idle cash earning. If I wait until accumulating enough cash in the account to buy another note, this will kill my yield. They do offer access to mutual funds, but I do not love this option. I am wondering if transferring the cash periodically to a standard brokerage IRA account may be my best option. If so, any one have experience doing so in a way that does not accumulate a lot of transfer fees? Any other strategies I should consider? Thanks!

Loading replies...