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Andrew Malone

All agents are NOT alike! Find out why I am a top real estate expert. Call me: 404-246-3265.

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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 trendy and highly unusual hotel must be totally rebuilt every year?

A 
Sweden's popular Ice Hotel, which has 60 double rooms, 25 suites and an interior temperature of 20 degrees, starts melting to the ground in May and is rebuilt every winter.
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Andrew Malone, REALTOR®, real estate agent and broker for Atlanta, Sandy Springs and Roswell, Georgia home listings, property and land for sale - NUMBER1EXPERT™

Andrew Malone
RE/MAX of Buckhead

4246 Peachtree Rd
Altanta, GA 30319
Cell: 404.246.3265
Office: 404.237.9011
E-fax: 800.385.1350
Fax: 404.237.3631
Email: andrewmalone@NUMBER1EXPERT.com
Email: amalone@remax.net

I am a Cum Laude graduate from Georgia State University with a degree in Finance and Marketing. I began my real estate career after graduating from college at the age of 23. I have been an individual practitioner in real estate for 8 years with RE/MAX of Buckhead in Atlanta, Georgia. My successes include: Average 30 home sales/year, Over 150 homes sold, Presidents club –1 year, 100% club – 4 years, Platinum club – 1 year, Top New Agent 2004, #2 Agent in office 2006, #1 Agent in office 2007 & 2008, 6.2 million closed transactions 2006, 4.4 million closed transactions 2007, Real Estate Lifestyle Magazine – Rising Real Estate Star 2007.

ABR CDPE CRS Equal Housing MLS REALTOR


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