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Updated over 4 years ago, 09/19/2020

User Stats

65
Posts
51
Votes
Kellan Martz
  • Attorney
  • Los Angeles, CA
51
Votes |
65
Posts

Home warranty on rental property worth the cost?

Kellan Martz
  • Attorney
  • Los Angeles, CA
Posted

Just closed a few weeks ago on my first rental property. SFR in east Cleveland 44128. New roof on the home but most of the property is in average condition. $45k purchase price.

Is the cost of a home warranty worth it, from a company like American Home Shield or Select Home Warranty? The average cost looks to be about $35-50 per month. Anyone with experience, good or bad, care to chime in? Thanks.

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