Welcome back to our blog series on the pros and cons of allowing pets in your rental property. By allowing renters to have pets, you’ll likely have more renters to choose from, and could potentially see some financial benefits as well (check out our previous post for more details). But as is the case with everything in life, there’s always a catch. Our non-recourse loan lenders are going to ex…Read More
You apply for a non-recourse loan, you get approved, you purchase your rental property — you’re well on your way to becoming a successful property owner! As set up as you might feel, however, there are a number of details to consider before you start renting out the place. One of those is figuring out if you’ll allow pets on the premises. As your non-recourse loan lenders of choice, First We…Read More
Welcome back to our blog series on renter turnover! This can be an unfortunate downside of owning a rental property, but our non-recourse loan lenders have tips to make it easier. Learn more in our blog, and apply for a non-recourse loan with First Western Federal Savings Bank to turn your investment goals into a reality. Whether looking to refinance your current IRA loan, wanting to invest in a v…Read More
For as many perks as there are to owning a rental property, one of the biggest downsides is experiencing turnover. Not everyone who looks into owning rental property takes into account the hassle that tenant turnover can bring. The good news is that there are plenty of ways to deal with turnover, and even ways that you can try to prevent it from occurring in the first place. The non-recourse loan …Read More
It’s a decision that you’ve pondered over for months, maybe even years. You’re excited by the thought of passive income and investing in real estate. You’re finally ready to become a rental property owner, and buy your first rental property! This is quite an exciting time, but as is true with any new endeavor in life, there’s a steep learning curve. Our non-recourse loan lenders have com…Read More
The largest demographic in the workforce, predicted to take up nearly half of the house buying market, the Millennial generation is influencing society in countless ways. When it comes to planning your investment properties and taking out a rental property loan, it’s essential that you know some of the trends that can be expected from millennials. Our non-recourse loan lenders have compiled some…Read More
Rental property myths are practically a dime a dozen. When taking into account the current housing market trends and real estate market, rumors can easily fly. Our non-recourse loan lenders are here to dispel some of these myths so that you can be more informed when it comes to rental investment properties. Find out more, and begin your non-recourse loan application with First Western Federal Savi…Read More
With the rush of the holidays behind us, we can finally start to look ahead. 2019 shows a lot of promise for the housing market, and for those looking into investment properties and applying for a non-recourse loan, it’s the perfect time to start evaluating trends. Our non-recourse lenders at First Western Federal Savings Bank have the latest in market research and financial trends for you to lo…Read More
Welcome back to our blog series on preparing your vacation rental for winter! In our first blog, we talked about how to close up your vacation rental if it’s not going to be used in the colder months. Today we’re diving into how you can prepare your property for winter, so that your guests will thoroughly love their stay. Learn more in our blog, and contact First Western Federal Savings Bank t…Read More
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 two different sections: those who are renting out their property in wint…Read More