Has anyone used IRA Resources Inc in San Diego for their SDIRA?

[Bruce Scannell]

I am looking to set up a self directed IRA, and I've done quite a bit of reading on bigger pockets about it. I understand their is some risk, but I do like the additional investment options. I am trying to find a reputable company as the custodian. I live in the San Diego area so was interested in IRA Resources since they are local. I have looked online and there aren't many reviews, about 50% are good and 50% aren't, but most look a bit dated. I value the opinions of the people here and would like to hear if you have had any experience, good or bad.

Thanks,

Bruce

[Dmitriy Fomichenko]

@Bruce Scannell

It's great so see a fellow SoCal investor here on the forum, welcome! I don't have any experience with IRA Resources, it looks that this name is pretty new in the industry, so I can't give you any feedback about them but here are few tips that might be helpful:

1. @Justin R. gave you good recommendation, do that. Go to local REI meeting and talk to folks there and ask for some recommendations.
2. Keep in mind that the location of the custodian is of smaller importance. What's far more important is their experience and the qualify of customer service.
3. You probably will get hints on some other custodians, contact them and interview them. This way you will have few to compare.
4. You did not provide much details about your situation and your goals (how much is in your IRA, how you wan to invest it, etc.) but you may also want to look into Checkbook IRA (aka IRA owned LLC). This options will allow you to bypass the custodian and have checkbook control over your IRA.

Wish you the best!