When you’re on the search for a source for an IRA non-recourse loan, you’re going to find a variety of options. But distinguishing a good lender from a bad one isn’t always easy, especially when you can work with lenders online. So once you’re ready to start investing in real estate, how are you supposed to determine which lender to work with? The easy answer, of course, is to work with …Read More
Once your tenants no longer occupy your rental property, it's up to you to maintain the property while it's empty. While your lease undoubtedly had a stipulation that the previous tenants had to clean the property before they left, the fact is that some people are more thorough in their cleaning than others. While some property owners may hire a cleaning service to care for their multifamily prope…Read More
In previous blog posts, we discussed the downsides of high renter turnover and offered a few ways you can deal with this process. Rental turnover can be a hassle for you especially if you're new to owning and maintaining rental properties. After all, for every minute the property remains unoccupied, you’re losing potential revenue. Fortunately, as one of the leading providers of non-recourse loa…Read More
By using a non-recourse loan from your IRA, you can begin investing in rental properties. This is a process that takes a lot of time, effort, and emotional energy. Of course, once you purchase the rental property, that time, energy, and effort doesn't end there. You need to find renters and tenants that show the same respect for your investment that you do. This isn't always an easy task, and find…Read More
By using a non-recourse loan from your IRA, you can quickly and easily invest in real estate. Of course, the properties that you own will not garner you any passive income if you don't have renters occupying the property. While this might sound difficult to do, you can be clever about which pieces of real estate you invest in. When it comes to investing in a property, be it residential or multifam…Read More
Investing in real estate with a non-recourse loan is easy when you partner with First Western Federal Savings Bank. We offer the resources and funding you need to start making smart investments into valuable properties that can help you earn passive income quickly. So, if getting the funding you need to invest in real estate isn’t the hard part, what is? Finding the right properties to invest in…Read More
By partnering with a non-recourse lender, you can use your IRA to start investing in real estate. This is a great way to make passive income if you plan on renting out your new properties or selling them later. But investing in property isn’t simply a way to print money. Not every investment into a home, apartment complex, or agricultural lot will yield a high return on your investment. Indeed, …Read More
The 4th annual Self-Directed IRA Summit was held on June 8 in Chicago and First Western Federal Savings Bank was honored to be a sponsor of the event. Our very own Roger St. Pierre, Senior Vice President at the bank, was able to speak about non-recourse lending and self-directed accounts. The summit focused on helping new investors seeking to master the foundational concepts of the loan, as well a…Read More
Even though investing in a rental property can be a method of earning some passive income, anyone looking to invest in real estate has to dive deep into the responsibilities (both upfront and long-term) investment strategies, the real estate market, and the long-term potential for growth, or even the potential for a decline in the value of the property. When investing is simply approached from the…Read More
Whether you are investing in the stock market or investing in a friend’s business, there are tons of investment opportunities out there, all of which show potential in growing your financial portfolio. Why should you leverage your self-directed IRA to invest in rental property? Why should you apply for a non-recourse loan to make this happen? Our non-recourse loan lenders at First Western Federa…Read More