Simsbury, Avon and Granby Photo Gallery
Request my Free Simsbury, Avon and Granby Relocation Package. It's packed full of useful and important information about the Simsbury, Avon and Granby, Connecticut area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out...
Investment Real Estate >Planning for Repairs
If you are the owner of an investment property, you are responsible when something breaks down in the building. So when the tenants call with an emergency, you will need to have a list of local repair companies you can contact, and money in the bank to pay for their services.
One of the best ways to protect your property investment is to purchase a home warranty that covers your home against unexpected system breakdowns that can be costly, particularly if the heating or plumbing systems need repair. The yearly cost of a good home warranty is probably less than the cost of replacing a broken water heater. If your property is older, a home warranty will provide you with greater security and peace of mind.
Another way to plan for investment property repairs is by building up a monthly surplus account, where part of your positive cash flow can sit in preparation for the day some major repair is needed. Having a "rainy day" fund will relieve you of financial stress when something has to be fixed.
|
| Q |
Where in the United States will you find the largest concentration of million-dollar homes?
|
| A |
There are almost 314,000 million-dollar homes in the United States, and 41% of these are located in California.
|
 See More Real Estate Trivia > |
|
|
|
- NUMBER1EXPERT™ 
