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Whether this is the first time you’re preparing your vacation rental property for winter or the fifth, there are still things that can get overlooked or forgotten about. A checklist can help anyone make sure their vacation rental is on track for the colder months ahead. Our non-recourse loan lenders have broken it down into…
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When we think “vacation rental” we nearly always picture a beachside cabana. We think of warm places with plenty of sun. All these things can be true for vacation homes, but the fact is that there are plenty ways to vacation — and considering most states in the U.S. experience winter, it wouldn’t make sense…
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With a self-directed IRA, you can apply for a non-recourse loan, which can be used to purchase a property that will be turned into a rental. It might seem simple, and to many in the financial world, it is, but some of that jargon can make understanding IRAs and non-recourse loans a bit more difficult.…
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It doesn’t matter how old you are, it’s never too early to start thinking about your retirement savings. Interestingly enough, however, your retirement savings don’t need to solely be used for retirement. With the right circumstances and the right IRA, you could actually use your IRA for investment opportunities — if that’s something you’re interested…
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Once you’re approved for a non-recourse loan, you can truly begin thinking about your rental property. You’ll start thinking about its purpose, who it’s going to serve, and all the ways that you’re going to prepare it. The list of things to get your rental property ready is a mile long to say the least,…
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In our previous blog, we talked about some key marketing strategies to implement for your rental property. Creating a web presence, figuring out your target demographic, and getting help where you need it are all essential to marketing. But if you don’t know why marketing is important, you might be less inclined to make it…
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LeBron James is an exceptional basketball player, but if he hadn’t played in front of scouts, he would not be where he is today. J.K. Rowling is one of the most successful authors of today, but her name wouldn’t be recognizable if she hadn’t submitted her first “Harry Potter” drafts to dozens of publishers. It’s…
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Welcome back to our blog series on the pros and cons of choosing the right type of rental property to invest in. In our first blog, we looked spent a lot of time looking at setting up a vacation rental property — one that’s solely used for guests on vacation, looking for a place to…
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You want to own a rental property, and there are plenty of reasons why. You want the added income that comes from renting out a home or a vacation property. You want a tangible investment, one that appreciates in value over time. You want all these things, which is why you want to work with…
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Applying for a non-recourse loan is essential to purchasing a property that can be turned into a rental. You can own a rental property (and use a non-recourse loan to help obtain it) in any of the 50 states, but many people wonder: What kind of rental property should I set up? Do I want…
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We’ve mentioned it a number of times: you can use a self-directed IRA to apply for a non-recourse loan, which can then be used to purchase an investment property. We’ve focused nearly exclusively on the non-recourse lending side of things (which makes sense, considering that’s in our wheelhouse), but we’ve yet to spend some time…
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A self-directed IRA is a necessary financial tool for all adults to consider. There are plenty of benefits that come from this type of retirement plan — all of which we’ll cover in an upcoming post — but in today’s blog, we’re going to address how to set up a self-directed IRA. With this retirement…
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