The AMLP holds the bulk of your assets like cash, stocks, bonds, and receivables.

You act as the agent of the LLC.If your friend has some experience with this, you may want to have a lengthy, detailed discussion with him about it, and maybe his attorney too.

I would, however, suggest any management company you deal with is city licensed, bonded, and insured.

@Noah P Bonds - I got one a few months ago and have really liked it.

This was a long time ago and it killed me putting a lengthy pause on my real estate investing until I was better capitalized to get back into the game.Best of luck to you,Dave

In some states you’ll have to keep that money in a separate bank account/ in escrow and may even need to have a surety bond of pay interest on that money.

She bonds with her patients and feels she is making a difference.

Notaries are licensed and bonded.

My mentor and I had a lengthy conversation with him concerning the risk involved, but the rewards are surpass the risk so as long as we mitigate it.

What makes a self-directed IRA custodian different is that they are not purely connected to the public exchanges and limited to investing in stocks, bonds and funds, but rather have the staff training and paperwork to document the IRA's investment in the more individualized transactions that occur when investing in real estate, notes and other non-traditional assets.