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All agents are NOT alike! Find out why I am a top real estate expert in SW Washington. Call me: 360-901-1199.

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  • Why Sellers Choose Ron Patterson - Why home sellers in Vancouver, Camas and Washougal choose Ron Patterson.

  • Free Presentation - Free in-home listings presentation on marketing your Vancouver, Camas and Washougal, in Clark County Washington property.

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  • What Did That Home Sell For? - What did that Vancouver, Camas and Washougal, Washington property or other real estate sell for?

  • FSBO - Selling your Vancouver, Camas and Washougal real estate on your own?

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Real Estate Tips
Investment Real Estate >Planning for Repairs

If you are the owner of an investment property, you are responsible when something breaks down in the building. So when the tenants call with an emergency, you will need to have a list of local repair companies you can contact, and money in the bank to pay for their services.

One of the best ways to protect your property investment is to purchase a home warranty that covers your home against unexpected system breakdowns that can be costly, particularly if the heating or plumbing systems need repair. The yearly cost of a good home warranty is probably less than the cost of replacing a broken water heater. If your property is older, a home warranty will provide you with greater security and peace of mind.

Another way to plan for investment property repairs is by building up a monthly surplus account, where part of your positive cash flow can sit in preparation for the day some major repair is needed. Having a "rainy day" fund will relieve you of financial stress when something has to be fixed.

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Real Estate Trivia
Q 
What does the common acronym FSBO (pronounced fizzbo) stand for?

A 
For Sale By Owner. (Between 85 to 95% of existing homes are sold with a Realtor's help.)
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Ron Patterson, REALTOR®, real estate agent and broker for Vancouver, Camas and Washougal, Washington home listings, property and land for sale - NUMBER1EXPERT(tm)

Ron Patterson
Keller Williams Realty

915 Broadway
Vancouver, WA 98660
360-901-1199
Fax: 360-834-9152
RonPatterson@NUMBER1EXPERT.com


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