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Naasa Sherbeini- Expert Realtor serving New
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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 oceanfront area is currently the most popular choice among people searching for second homes and vacation homes?
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| A |
According to statistic published early in 2005, the Florida coast is the most sought-after vacation and retirement destination in the United States.
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Naasa Sherbeini Coldwell Banker 209 Central Ave Westfield, NJ 07090 908-883-1707 Fax: 908-233-8780 naasasherbeini@NUMBER1EXPERT.com
Those who have worked with Naasa appreciate knowing the purchase of their new home is in the hands of a capable and trustworthy REALTOR®. It just makes sense to turn to a professional who cares about your needs and will go the extra mile to meet them
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