1. Is Your Vacation Rental Ready for Winter? Part II

    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

  2. Is Your Vacation Rental Ready for Winter? Part I

    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

  3. The Perks of Having a Winter Vacation Rental

    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 to rule out owning a vacation home, just because of the colder weather. In fact, wi…Read More

  4. Why Is Marketing Your Rental Important?

    In our previous blog, we talked about some key marketing strategies to implement for your rental property. Creating a web presence, figuring out your target demographic, and getting help where you need it are all essential to marketing. But if you don’t know why marketing is important, you might be less inclined to make it happen. Our non-recourse loan lenders have compiled several reasons why m…Read More

  5. Vacation Rental vs. Tenant Rental Properties

    You want to own a rental property, and there are plenty of reasons why. You want the added income that comes from renting out a home or a vacation property. You want a tangible investment, one that appreciates in value over time. You want all these things, which is why you want to work with the non-recourse loan lenders at First Western Federal Savings Bank to get a rental property loan to make th…Read More

  6. Rental Properties by Location

    Applying for a non-recourse loan is essential to purchasing a property that can be turned into a rental. You can own a rental property (and use a non-recourse loan to help obtain it) in any of the 50 states, but many people wonder: What kind of rental property should I set up? Do I want to have a vacation rental, or a long-term tenant rental (such as a property where tenants pay rent and partake i…Read More

  7. Benefits of a Self-Directed IRA

    We’ve mentioned it a number of times: you can use a self-directed IRA to apply for a non-recourse loan, which can then be used to purchase an investment property. We’ve focused nearly exclusively on the non-recourse lending side of things (which makes sense, considering that’s in our wheelhouse), but we’ve yet to spend some time discussing self-directed IRAs. A lot of people want to get in…Read More

  8. Preparing Your Vacation Rental Tip #3: Set Up Procedures

    Welcome back to our blog series on preparing your vacation rental property for the summer! In our first post, we discussed how it can be important to do a run-through of your appliances and air conditioning to ensure general maintenance is performed as necessary. Our second blog of the series discussed the importance of decorating your vacation rental property to ensure it has a cohesive look to i…Read More

  9. Preparing Your Vacation Rental Tip #2: Decorating

    Welcome back to our blog series on preparing your vacation rental property for the busy season! As summer rolls around, the vacations and trips and travel plans start to pick up. This is a time when families, couples, friends, and solo travelers alike all love to explore and see someplace new. With so many people capitalizing on the warmer weather and extra vacation time, this is an equally excell…Read More

  10. Qualifications For A Non-Recourse Loan

    With so many steps involved in the process of buying a property, it can be easy to lose track of everything. There are many qualifications that need to be met when applying for a non-recourse loan. You need to have a property in mind, but it also needs to meet the requirements. You need to have enough money, but there are other financial regulations that need considering. First Western Federal Sav…Read More