Home Warranty

[Miguel Dormany]

Hi BP members,

I have a question in regards to the investment property and having insurance and warranties on them?  I have the normal insurance policy on my investment property as well as a basic warranty policy on the property that covers items like frig, stove, dishwasher, etc.

This investment home is 15 years old and the only thing that has been replaced is the A/C unit. So here's my question, is the home warranty at $45 per month a good investment?

Miguel