Sitemap: Phoenix, Glendale and Peoria, Arizona Real Estate Agent - Sheri McBroom

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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.

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Q	What are the three most common environmental toxins for which homes are tested?
A	Mold, asbestos, and lead are tested by specialized inspectors as a regular part of many real estate contracts.
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Sheri McBroom, REALTOR®, real estate agent and broker for Phoenix, Glendale and Peoria Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Sheri McBroom
RE/MAX Integrity
20241 North 67th Avenue, Suite A1
Glendale, AZ 85308
Office: 623-572-7224
Mobile: 602-697-5823
Fax: 623-388-6867
Email: Sheri@McBroomHomes.com
I am 15 years in the business with expertise in many areas of the valley. I look forward to helping you with all your Real Estate needs!

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