1. Avoiding Common IRA Holding Mistakes Part 2

    Last week we discussed several of some common mistakes that IRA holders make — mistakes that you should definitely avoid. When it comes to preparing for retirement, you want to ensure that you are doing everything in your power to not only understand the rules of retirement plans but make those plans work for you, because the last thing you want to do is use some of that money paying unnecessary…Read More

  2. Avoiding Common IRA Holding Mistakes Part 1

    When it comes to planning for retirement, there is nothing that should be left to chance. Furthermore, there shouldn’t be any ambiguity within your retirement planning and the steps you have to take to ensure that you are navigating your retirement plan correctly. It is essential that when you look for an IRA custodian, you feel as though they have your best interest in mind, and are available t…Read More

  3. Ways Your Self-Directed IRA Can Invest With Limited Funds

    Among the numerous benefits of opening a Self-Directed IRA — which have been talked about at length in our blogs — these retirement funds also allow you to partner your IRA with other entities, raising the amount needed to buy or invest anything from a single and multi-family housing to commercial property. Partnering your Self-Directed IRA funds together is an excellent way to purchase a prop…Read More

  4. Tax Advantages of Self-Directed IRAs

    Retirement income for an individual can come from several sources, whether it is a 401(k), SEP, social security, or a SIMPLE IRA, and these retirement accounts will usually have a number of tax advantages that are great for savvy savers. The same goes for Self-Directed IRAs — there are several attractive benefits, including great tax advantages that make the retirement option a no-brainer. Keep …Read More

  5. How Natural Disasters Affect Your Property

    Buying real estate is a sound investment and a great way to get you ready for retirement. Purchasing a rental property ensures that you will continually get income while diversifying your investment portfolio. Whether you’re investing in residential property, commercial property, a multi-unit property, and agricultural property, then, depending on the area that you have invested in, you may be v…Read More

  6. How Does Seasonality Impact Rental Properties?

    You may not be surprised to find out that seasonality does affect the real estate market, and these effects differ from season to season. Real estate is cyclical, so if you’re prepared, have done your research, and are a little more flexible, then you may be able to take advantage of these predictable indicators. In addition to the time of the year, when it comes time to purchase a rental proper…Read More

  7. The Home Remodeling Projects With The Best ROI

    Looking to open up your investment opportunities or bring in some additional revenue streams? Investing in real estate is a great way to do just that. Here at First Western Federal Savings Bank, we can connect you with the financial resources you need, like an IRA non-recourse loan to start investing in real estate. But how do you get the most out of your investments? Once you’ve purchased a pro…Read More

  8. Quick Tips for Improving Your Credit Score

    During any discussion of finances, someone will inevitably mention credit scores. Credit plays a major role in finances these days, and depending on the state of your credit score, it can help or hinder you in making major decisions like investing in real estate.  As a non-recourse loan lender, we’ve worked with clients to get them the financial support they need to invest in real estate option…Read More

  9. Is It Worth Getting Your Real Estate License?

    When you first start investing in real estate using a non-recourse IRA loan, you might be looking for ways to streamline the process. Since you’re dealing with property and houses, you might start wondering if a real estate license would be advantageous to have. You’re not alone in these thoughts. Many who invest in real estate have the same thought process. But is getting your real estate lic…Read More

  10. What Makes a Good IRA Lender?

    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