Equity Growth Coach
Equity... lets grow some... both real estate equity. Learn how you can use real estate as a tool for personal prosperity while creating a more inclusive nation for all.
Download Your
Equity IQ Guide
Below, you can download my “Guide to Grow Your Property Assets” — a guide to help you grow in your understanding of real estate equity and equity growth strategies.
Our Goal
Your gain is my goal…
On your behalf, I investigate options, present them and fully support you in making the best decisions for your real estate equity growth. If you are a client, I check in on a regular basis (a frequency that we agree on) to ensure that value-added objectives are being explored and implemented.
If you live in your forever home, it is important to keep your abode as healthy as your body. You go for annual medical check ups, right? Your car probably goes into the auto shop for regular maintenance visits. Well let’s consistently schedule “check up” visits via “house calls” to stay on top of your equity investment. After all, a property purchase is typically the biggest financial investment for most Americans.
What We Do
Selective Upgrades
Sometimes a small move makes a huge difference, such as replacing the ghastly outdated linoleum in the bathroom with smile tile. These baby steps typically only require a handy-person and they’re easy and fun. Let’s Talk!
Tax Strategies
We all know about the tax savings from a primary residence … $250k for single person and $500k for a couple respectively - assuming some rules. Nuances beyond this basic rule of thumb, such as depreciation recapture when selling make this topic even more critical for planning a sale. Oh! And there’s Proposition 19, which takes effect April 2021. This might change the game for people who want to retain their original low tax base and take it to a new house. Contact me today for a deeper discussion.
Equity Retention
Setting up a regular “check in” similar to a doctor’s “check up” means you will not confront any big monsters stemming from common oversights that are hard to see. How is the drainage and other moisture issues? How often should you get a pest inspection? Have you forgotten there are items on your original home inspection that have not been addressed? Is a retaining wall starting to bulge? These topic areas are not as much fun as the creative and playful transformations that come from picking out zesty new tile and paint color.
Big Remodels
What’s on your mind? Adding square footage? Building out your basement? Adding a back yard ADU? Let’s Talk!
Subdivision
Condo conversions in many Bay Area cities have become more challenging. However, Tenancy in Common conversions are more functional than ever. I have had experience in both areas of condo conversion and forming TICs. This is one way to sell off part of your property to realize less of a capital gains tax. Contact me to discuss the potential of your property for a subdivision and/or a partial sale.
Next Generation Transfer
Should you do a revocable trust or an irrevocable trust? Should you tap into your home equity to help the next generation with the big ticket items, such as college tuition and a down payment for a new home? There are pros and cons for each situation. I work with a select few trust attorneys and tax strategists to help steer you in the right direction.
Successful Projects
Proven Equity Growth
Personally and for Clients
JEANNE TROMBLY
Associate Broker, Abio Properties