The episode dropped recently on the BiggerPockets Real Estate Podcast and goes into how these design elements can give your property a competitive edge.If you’re working on a project or investment in Arizona and want some insight on how to approach renovations to maximize value, feel free to reach out.

Rarely appreciate in value as you are selling a component of it and makes it very difficult to maximize value.

As mentioned, your best bet is to get an adjuster to try to assist on working with you to maximize the amount received.

I’ve got more than a few stories of my own to share if you’re ever up for it.DennisContact me to MAXIMIZE investor ROI in San Diego - Ranked #1 in CA by Realty Leadership

A lot of areas are growing fast, so improving the villas and renting them out is a great way to maximize returns.I’m actually a real estate agent in Kedungu, Tabanan—an area that’s developing quickly and just 15 minutes from Canggu.

Additional strategies include cost segregation to maximize deductions and writing off rental expenses like mortgage interest, property taxes, and maintenance.If those are not your options, you can do passive tax planning like wealthy people do.

.### Renovation PlanningDevelop a detailed renovation plan to maximize the property's value.

Being in NJ, market is super competitive, so need to figure out how I can maximize the profit.

(Click to enlarge.)To maximize your success, follow the steps illustrated below. 

To prepare for maximizing bonus depreciation or conducting a cost segregation study, you can begin gathering detailed records of the property's assets and improvements, coordinate with a cost segregation specialist early, and consider any renovations or purchases of eligible equipment to align with tax strategies that take full advantage of the current bonus depreciation rates before they phase out.