Appliance Insurance Company??

[Michael Beeman]

Hi BP,

I've been listening to all the old podcasts about land lording and property management since I am a new land lord. I recently heard one where a property manager discussed the idea that he had all of his properties under an Appliance Insurance company. Then the tenant would just contact the company and the company would handle all issues 24/7.  This sounds like an awesome deal; but is it worth it?  If it is; does anyone use one of these companies and/or know which company is the best one for the cost?

[Dawn Brenengen]

@Michael Beeman Sounds like you're talking about a home warranty company like American Home Shield, etc.  In theory, it would be great, but I find they are super slow to respond and let repairs fall through the cracks all the time.  I like to be in control and make sure my tenants have a good experience while living in my rentals.