Steady income:
Get monthly rental income that could cover your expenses and make you extra money. This typically goes up over time as rents increase and your mortgage is paid off.
Long term financial security:
Your real estate holdings can go up in value. While the mortgage is being paid down, the property value also increases over time generating more equity for you as the owner.
Tax Benefits:
Rental income is not subject to self-employment tax and the government also offers tax breaks for insurance, maintenance, legal fees, property taxes, and professional property management as well as property depreciation.
Appreciation:
Real estate is a long-term investment and over time the capital assets (i.e. land) go up in value.
Inflation:
Investing in real estate is a good hedge against inflation. When there's high inflation, your rental income and property value increase.
John Boruff, licensed real estate agent and managing broker, is the founder and president of Palomar Property Services. John’s experience in property management and real estate goes back to 1984, when he began leasing and managing multiple properties, including warehouses, small manufacturing plants and office buildings. He ventured into the business of residential property management by purchasing multiple single-family homes in the Oak Hill development of Escondido in 1990. John’s investment experience spans as close to home as Escondido, CA, the greater San Diego County region, and as far as St. Louis, MO. A talented negotiator, he can navigate even the most challenging real estate transactions with an intuitive ability to close the deal.
John has consistently served real estate investors with the highest level of property management services for over 12 years, and at Palomar Property Services, John and his team of licensed agents have become a one-stop, full-service real estate company. With customer service, efficiency, and state-of-the-art technology a priority to John, and combined with his extensive real estate knowledge, Palomar Property Services is second to none in San Diego County.
John consistently shows an unparalleled work ethic, earning him respect among both regional and local realtors. Throughout his professional life, honesty and integrity have been the building blocks of John’s success in his careers, resulting in one of California’s most premier property management companies.
