All Forum Posts by: Keith Groshans

Thank you all for the thoughtful responses. My custodian is Equity Trust. For now I have the "idle" cash moved into money market mutual funds. This is an okay fix for now, next step I am looking at checkbook control to increase flexibility. 

Absolutely. A 10% yield looks great on paper but it's easy to let that slip away if each returning payment cannot quickly get put back to work at a similar yield. I like the idea of smaller minimum funds. Thanks!

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!

Thanks @Doug Smith and @Chris Seveney for taking the time to provide some clarity for me.

I am new to the note investing space and am interested in investing in performing loans or debt funds with an SDIRA. I understand that outside an IRA an LLC is typically recommended for note investing. Does this recommendation hold for investing in notes with SDIRA? If SDIRA LLC is recommended, should I be concerned about UBIT or would this only potentially apply if I invest in a leveraged fund?