State Specific Question About: GEORGIA (GA)

If you have a homeowner warranty on your rental property can you have the tenants pay for each visit cost if the breakage if on them and or simply if something goes out that the warranty covers?

Adrienne, Homeowners Warranties are good if you are selling your personal residence,gives the Realtor a little extra selling power.Most of any Warranties are not even worth the paper they're written on ,the companies pushing the Warranties make more money on them than they do on the actual product........charlie................................................

Adrrienne we don't pay for any Homeowner warrenty's. The property's are rentals and as such we try (try hard) to make money.

So heres my suggestion: create a data base of people to call for spicific items. Small plumbing repair call so and so-- big one (like rota rooter) a different type plumber. General repair person's. Your list should be with people you trust.

Next get use to billing tenant. Almost all items broken or damages is by tenant negligence-- not the LL fault. Keep repeating this to yourself. You should have a minimm "trip" charge fee for first half hour (45.00) and (25.00) and hourly charge for frivolous visits-- for example my heat went out and when you get there and the gas is off for none payment.

So rethink the warrenty costs. Also there's a TV commercial on here in GA -- concerning warrenty coverage-- the agent starts out every conversation with "OH WE DON'T cover that".

We have a clause in our maintenance addendum that states tenants are responsible for any costs incurred as a result of damages so service costs are included.

Any repairs that are considered part of normal maintenance should be your responsibility so service charges would fall in that category.

When we first started out we didn't have a list of go to contractors/handyman and as a Realtor I could buy warranty's for next to nothing. Worked really well in the beginning. The service charges were nominal and the repairs were done well. Two years late I renewed the policies and everything changed. The costs were the same but either the contractor never showed and/or they did lousy work. It wasn't until later that I realized that the first two years were during the housing collapse and contractors were short on jobs so they worked with the warranty companies until the market came back and then they just hired hacks.

I realized even with my lower costs for the policies it caused more problems than it solved.

Include extended warranties on individual items in that description. Purchasing an extended warranty on anything has rarely paid off for us. Especially if the agent requires original receipt printed on paper with ink that fades over time so it's unreadable and unusable.

Well I will say Dell's extended warranty covering spillage and dropping was worth it, they stepped up and sent someone right to our home to fix my PC back in the day.