Is home warranty worth it?

[Ali Ahmed]

Hi All, I have been buying home warranty along with home owners insurance for my rentals but they seem to be eating up my cash flow. Moreover the trade call fee is additional if in case a claim has been made. So, do you all get warranties on rentals or just have a reliable handyman fix things as it breaks? Thanks in advance!

[Jeff Bridges]

no. save your money. been there done that. None of them are responsive and take a minimum of a week to get a contractor out to your property if at all, causing headaches and requiring constant follow up to check status. Worst contractors are used and they will do the bare minimum. save your money. do a solid rehab up front to harden rental and find a good handyman for in between.