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Updated over 1 year ago,
Do you all account for Home Warranty?
Hi, I have 2 investment properties in Atlanta, GA and both of them are turnkey which are built around 2019 and 2021.
While calculating monthly cashflow, do you all spend some amount on the Home Warranty? Since I'm based out of Austin, TX and this is a long distance out-of-state investment, I recently took a Home Warranty for both of my properties at $80/each.
Though I can write it off in taxes, is it still worth it? What do you all suggest?
1. Keep the Home Warranty in place and use it when some appliance or garage door or something breaks, OR
2. Find a good handy man who can handle these, cancel the HW plans, and save $160 in cash flow each month for 2 properties.
Thanks in advance.