non-recourse loan

Misconceptions About Self-Directed IRAs

By madwire / December 5, 2019

First Western Federal Savings Bank has posted many blogs outlining what self-directed IRAs are and how you can utilize its advantages and the benefits of property investing. There is a wealth of knowledge within these blogs, but the facts may still be elusive to those who are starting out in their investment ventures and want…

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How Natural Disasters Affect Your Property

By madwire / November 8, 2019

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…

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Should Your Rental Property Allow Pets?

By madwire / April 4, 2019

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…

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Dealing With Renter Turnover

By madwire / March 23, 2019

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…

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The Downside of High Renter Turnover

By madwire / March 14, 2019

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…

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Tips For First-Time Rental Property Owners

By madwire / March 7, 2019

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…

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Rental Trends And Millennials

By madwire / February 28, 2019

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…

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Rental Property Myths

By madwire / February 21, 2019

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,…

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2019 Housing Market Trends

By madwire / February 14, 2019

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…

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Is Your Vacation Rental Ready for Winter? Part II

By madwire / January 24, 2019

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…

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Is Your Vacation Rental Ready for Winter? Part I

By madwire / January 17, 2019

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…

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The Perks of Having a Winter Vacation Rental

By madwire / January 11, 2019

When we think “vacation rental” we nearly always picture a beachside cabana. We think of warm places with plenty of sun. All these things can be true for vacation homes, but the fact is that there are plenty ways to vacation — and considering most states in the U.S. experience winter, it wouldn’t make sense…

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