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.

	See All Tips In The "Investment Real Estate" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Johna Walker
Walker Real Estate Team
854 Missouri Ave
St. Robert, MO 65584
Mailing Address: PO Box 264, Waynesville, MO 65583
573-433-1091
Rentals/ Office: 573-336-4100
Fax: 866-634-9994
Office: teamwalker@thearmywives.com

An active duty military spouse with over twenty-three years of relocation experience to assist families relocating to the Ft. Leonard Wood area. Always training and always educating to stay at the top of the real estate industry to provide her clients with state of the art service to buy and sell their homes. Whether you're moving from Alaska, South Korea, or Kansas, she has truly "Walked in your shoes"

www.WalkerRealestateTeam.com is brought to you by Walker Real Estate Team
NUMBER1EXPERT™ in real estate for Fort Leonard Wood, St. Robert and Waynesville, Missouri

Read Walker Real Estate Team's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge