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
Investing in the stock market, 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 Federal Savings Bank …Read More
Our non-recourse lenders have talked about the different types of IRAs, we’ve talked about different types of retirement accounts, and we’ve talked about how you can use your self-directed IRA or solo 401(k) to invest in rental properties. But in order to retire or to qualify for a non-recourse loan, you need to have sufficient funds in your account. Here are some of the best ways that you can…Read More
Planning for retirement is a necessary financial step for every person to take. But how each person plans for retirement depends on their specific goals and what they’re looking for. Some might just want to be able to live comfortably, without having to work full-time, and get by without any lavishness. Others might want to invest and grow their financial portfolio, using their retirement accoun…Read More
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