IRA loan

Tips for Getting Renters This Season

By madwire / June 20, 2020

Amid the COVID-19 pandemic, nearly every single industry has been affected and faced with the unique challenge of finding ways to overcome the obstacles that the pandemic and the stay at home orders are leaving behind. This is uncharted territory for everyone, which leaves the real estate industry specifically two options: adapt to the changes…

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Why a Non-Recourse Loan is Necessary, Especially Right Now

By madwire / April 29, 2020

There are many beneficial ways you can save for retirement, and an IRA is one of them. An IRA, or Individual Retirement Account, is essentially a savings account with tax breaks. You are able to place your money in an IRA so you can invest it while saving for your retirement, and it’s typically something…

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Bolstering the Funds in Your IRA/Solo 401(k) and Maintaining Liquidity in Challenging Times

By madwire / April 7, 2020

When planning for retirement, the earlier you start saving and investing, the better off you are. Even if you start saving later, you are still contributing to a financial life vest that is going to keep you afloat when you face times of hardship or financial uncertainty. These times are often unpredictable, but just because…

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The Home Remodeling Projects With The Best ROI

By madwire / October 21, 2019

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…

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Quick Tips for Improving Your Credit Score

By madwire / October 7, 2019

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…

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Is It Worth Getting Your Real Estate License?

By madwire / September 9, 2019

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…

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What Makes a Good IRA Lender?

By madwire / August 28, 2019

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…

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Don’t Miss These Spots When Cleaning Your Rental Property

By madwire / July 23, 2019

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…

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Minimizing Tenant Turnover

By madwire / July 17, 2019

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,…

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What Makes An Ideal Renter?

By madwire / July 9, 2019

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…

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Invest In These Features To Attract Renters Fast

By madwire / July 3, 2019

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…

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These Are The Features Home Renters Look For

By madwire / June 26, 2019

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…

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