Should You Keep Your Home Warranty?

In this episode, John and Kyle discuss whether landlords should keep a homewarranty or have one at all. They explain that while some people may find value inhome warranties, they generally do not recommend them for landlords. The mainreasons for this are the inconvenience and delays in getting repairs done through ahome warranty company, as well as the legal requirements landlords have to quicklyaddress emergency situations. The guys also mention that home warranties may savehomeowners money, but they do not benefit the residents living in the rental property.Key Takeaways:• Home warranties may be convenient for homeowners who have had positiveexperiences with them, but they are generally not recommended for landlords.• Landlords have legal obligations to address emergency situations promptly, andhome warranty companies may cause delays in getting repairs done.• Home warranties may save homeowners money, but they do not benefit the residentsliving in rental properties.Quotes:"People that love home warranties have had extremely good experiences financiallywith them.""Home warranties don't save the resident, the person living in that home any money.""You have a legal obligation to get that problem fixed as soon as you possibly can."You can listen to We Are TPM on any major podcast platform including ApplePodcasts, Google Play, Spotify, and many more.Tune in today!We Are TPMTeixeira Property ManagementMansfield, [email protected]———————————————————————————There are a vast amount of ways in today's world to build wealth using real estate andinvesting, not just in property, but in yourself!Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira ofTeixeira Property Management bring you all of the knowledge and experience they canprovide for the confidence to achieve your investment goals, or how and why to createthem. Now, while John and Kyle have a ton to share, they will also be bringing youinterviews with some of their clients, industry partners, experienced investors, andmuch more every week!John and Kyle look forward to sharing the knowledge you need about arguably thegreatest investment vehicle that is available to the masses — Real Estate. Knowledgeis power, and John and Kyle intend to give you as much power as possible. It's notalways about the HOW, but also the WHY, and they will be digging into it right hereevery week!