FBS Rent Sense Includes Investor Tax Planning: Improve Now & Add Future Value in Spring Valley, CA

FBS Rent Sense Includes Investor Tax Planning: Improve Now & Add Future Value

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have built a healthy San Diego business out of advising independent
real estate investors, acquiring and managing rental properties for
clients while providing superior housing alternatives for qualified
renters. We’ve accomplished all of this daily for longer than four
decades and currently operate rental properties (houses, condos and
apartments) in 69 zip codes throughout the region. Our rental vacancies
change daily. Take a peek today
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If you’re a qualified renter you deserve to be treated like the preferred customer you are.
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If
you’re a local rental owner now you hold a winning ticket if you want
a preferred retirement. A preferred retirement includes a personal
residence plus rental properties held without debt and managed by
professionals. This financial condition allows you some important
lifestyle choices where you live and how you live. The ONLY
challenge according to Warren Buffet? Comprehensive and constant
professional management of your rental business. The solution in San Diego is complete property advisory and management services by FBS.

Rent Sense: Improve To Add Value
By Neil Fjellestad & Chris De Marco
FBS Property Management

Now
could be a good time to improve your property in order to preserve its
condition overall, enhance its rental value and/or upgrade the appraisal
for generating better mortgage terms. If you are looking for additional tax write-off why not re-invest in your rental property?

Renters
that rightfully want to feel value for their largest household
expenditure are asking for repairs and improvements. Rental increases go
down easier when improvements are apparent. Preferred renters stay
longer when improvements are consistent. Items such as landscaping,
exterior paint, new roofing, plumbing and electrical upgrades tend to
benefit investors more than trendy renovations. Floor plan design items
that delight residents and most often add value are kitchen or bathroom
renovations and wall changes that create usable space and natural light.

More
rental owners are taking advantage of low interest rates and better
loan terms to borrow against their property equity in order to make
improvements. Of course, the interest and cost of improvements are
additional tax benefits as well.

Real estate investors need to
remember that upgrades to property don’t automatically yield an
immediate increase in property value that is equal or greater to the
costs of the project. Often, the benefits to your property are
long-term. Savvy property owners always keep an objective eye toward the
surrounding neighborhood and changing home ownership trends so they
don’t over-improveĀ their real estate and/or pick the wrong
improvements

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