Tuesday, 26 April 2016

Charles Turner - Tips For Buying A House in San Francisco

During the course of his extensive career as a realtor in San Francisco, Charles Turner has helped many people purchase homes. He notes that a lot of work needs to go into finding the right property, not only in terms of the property itself but also a range of external factors that must be considered before you make the decision to buy.

Charles Turner San FranciscoResearch The Area

Before you decide to move into an area, you need to learn as much about it as possible. If you are moving with a young family, it is a good idea to find out about the local schools and any facilities, such as parks. It is also a good idea to research crime statistics, particularly if you are looking at a property that seems to be selling below its value.

Save A Lot Of Money

The initial investment into the property isn’t the only upfront cost that you will be expected to pay when buying a home. In many cases, you will also need to take lawyer’s fees and a range of administration costs into account as well. Make sure that you have saved enough money to cover all payments that you will need to make before beginning your search.

Don’t Rush

As an experienced realtor in San Francisco, Charles Turner notes that one of the biggest mistakes that homebuyers make is rushing into a purchase. What appears to be the house of your dreams may have a number of issues that will cost you in the long term. Make sure to have a full property assessment carried out and take your time.

Tuesday, 19 April 2016

Charles Turner - Tips for Investing In A Buy-To-Let Property in San Francisco

Many of those who are considering investing in the property market in San Francisco will lean towards purchasing a property that they can let out to a tenant, with the aim of starting to recover their investment as quickly as possible. Charles Turner has worked as both a property manager and alongside a number of new landlords to help them to make the most out of this investment opportunity and offers the following tips for those who are looking to invest in a buy-to-let property.

                                                    Charles Turner San Francisco
Research The Market

Before you make the decision to purchase a property, it is always a good idea to research the market and find out the types of property that are in demand. There is little use in investing in a property of the rent payments you will need to ask in order to get a return are higher than what the majority of people in the property’s area can afford, as this will limit interest and potentially cause problems with missed rent payments further down the line. Make sure that you understand the market and that there is adequate demand from tenants before making a purchase.

Invest In The Property

Making your buy-to-let property as attractive as possible to potential tenants will often require you to invest in making improvements to the property, in addition to the initial investment that you made to purchase it in the first place. Pay particular attention to the quality of the lighting in the building, how well it is presented on an aesthetic level and any urgent improvements that need to be made. Failure to do so could lead to fewer people viewing the building and may force down the amount you can ask for rent.

Find Good Contractors

Most buy-to-let investors will not have experience when it comes to the various maintenance issues that owning such a property can present. This means that they need to find a trusted selection of contractors who can help should any electrical, gas or general building maintenance issues arise. As a property manager, you must commit yourself to dealing with maintenance issues as quickly as possible and it helps enormously to have trustworthy contractors for the task, particularly if you are intending to purchase a number of different properties.

The Tenancy Agreement

While Charles Turner San Francisco points out that a realtor in San Francisco will be able to help with some aspects of the tenancy agreement that you create, it is always a good idea to consult a property lawyer to ensure the document is as watertight as possible. Failure to do so may leave you in a vulnerable position if you enter a dispute with a client, which in some cases can cost you a large sum of money on top of what you have already invested into the property.

Tuesday, 12 April 2016

Charles Turner, of San Francisco - The Advantages of Buying A Property

Charles Turner has worked with many clients during the course of his career as a realtor in San Francisco and he understands that each one is looking for something different when it comes to their property transactions. This is why he is quick to point out the various pros and cons of both buying and renting properties, helping his clients to make the decision that is right for them. If you are still undecided about which option is right for you, consider the following advantages of buying a property to help you in making a choice.
Charles Turner San Francisco
Charles Turner San Francisco

Home Values Increase

While the value of a home will be subject to the conditions of the property market at any one time, it is important to note that over a long period the value of a property will tend towards increasing. This can make the house you buy a sound investment, particularly if you intend to move on after a number of years. By building up equity in the property you will often see a larger return on the investment you have made in it if you make the decision to sell.

Further Investment

Many people choose to purchase a property because it gives them the chance to invest further. Anything that improves the property, such as the addition of insulation, the installation of solar panels or any remodeling work, will raise its value and potentially lead to an even high return should you make the decision to sell. Plus, in many cases the work you carry out on the home will serve to lower your bills while living there, particularly if installing energy-efficient technologies. This is not often an option that is open to you when renting.

More Freedom


When renting a property, the things you can do while living there will be limited somewhat by the tenancy agreement that you sign. These limits will differ depending on the property manager, but you will often find that you are not able to decorate the property in the way that you would like or that you face restrictions in terms of keeping pets. When you own a property, none of these restrictions will apply to you and you will have the freedom to do almost anything you want with the property, assuming your work doesn’t cause issues in terms of zoning laws.

Tax Advantages


Charles Turner San Francisco points out that many of his clients in San Francisco have made the decision to purchase a property instead of renting because there are a number of tax advantages associated with buying. For example, many will find that the property tax they pay on their primary residence is deductible when submitting their income taxes, plus there is the added benefits of Capital Gains exclusion for those who have owned their home for a number of years.