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If you already own a home, call me to discuss ways real estate can increase your monthly income: (203) 513-9331.
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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 |
1992 marked the first year since before the Civil War that there were fewer than 2 million ________ in the United States?
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| A |
There are fewer than 2 million farms, and agricultural land is still being carved up for residential and commercial uses. |
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Laura Treonze
Keller Williams
132 Monroe Turnpike
Trumbull, CT 06611
Direct: (203) 513-9331
Fax: (203) 907-1010
lauratreonze@NUMBER1EXPERT.com
Laura is a realtor with a focus on pre-foreclosure and bank owned properties. As a real estate investor she is experienced in short sales, 1031 Exchanges, multi-family rentals, residential redevelopment and is a workshop instructor of The Millionaire Real Estate Investor by Gary Keller. Laura’s success in real estate has been featured in the book "Living The Law of Attraction".    
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