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 13 years ago,

User Stats

1,409
Posts
856
Votes
Daniel Dietz
Pro Member
  • Rental Property Investor
  • Reedsburg, WI
856
Votes |
1,409
Posts

Recomendations for SDIRA Custodian???

Daniel Dietz
Pro Member
  • Rental Property Investor
  • Reedsburg, WI
Posted

Hello,
I am leaning very heavily towards doing my RE investing in a SDIRA. I have looked at several online that I have heard mentioned here and elsewhere. This would be a relatively simple type of investments; single owner (me) with possible leverage of borrowing with-in the SDIRA. It would be a ROTH, and I would like to set up and LLC inside of it to do the 'checkbook control' I hear refereed to here.

What type of initial and yearly fees are you all seeing when using a SDIRA? My roll-over would be up to 100K, which IF I leveraged it further, might be up to 200K. This would be for long-term holding of rental property. Is there any soecific companies that you have had good or bad luck with? (if we are allowed to pass that info here). And finally, how long approximately does it take to set one up, to the point you could make an offer and or close a property with it?

Thanks for all the help so far!

Dan

PS. Interesting side note; I was talking to our accountant from my 'day job' today about business matters, and asked him about SDIRAs. He has been aware of them for 10 years or more, but just now has his first client using one. He has around 4000 clients he (and his staff) does work for. Interesting how little they are used.

  • Daniel Dietz
  • [email protected]
  • 608-524-4899
  • Loading replies...