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Catherine Favara, REALTOR®, real estate agent and broker for Brooklyn New York home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 718-646-3600.

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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
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What is the highest altitude hotel in the world?

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The Hotel Everest View sits at the record altitude of 13,000 ft (3,964 m) above sea level, in the rarified atmosphere of Namche, Nepal, the village closest to the Mount Everest base camp.
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Catherine Favara, REALTOR®, real estate agent and broker for Brooklyn New York home listings, property and land for sale - NUMBER1EXPERT(tm)

Catherine Favara
Coldwell Banker- Mid Plaza

3041 Ave U.
Brooklyn, NY. 11229
718-646-3600
Fax: 718-743-2700
Email: msbrooklynre@NUMBER1EXPERT.com
Email: midplaza@aol.com

Catherine Favara is one of the Top Agents in the Borough of Brooklyn. She has over 24 years proven track record! Experienced assistants work exclusively for Cathy to provide SUPERIOR SERVICE! State of the art computer technology allows Cathy to provide fast efficient service to her clients. SPECIALIZING IN: Marketing of Residential Properties, Relocation Director, Conservator & Executor of Estates, Foreclosure & Short Sales, Overseer of all Real Estate Transactions. TITLES AND CERTIFICATIONS: 2007 President of Women’s Council of Realtors, Brooklyn Chapter 2011 REGIONAL VICE PRESIDENT, New York State 2004 Realtor Associate of the Year 2011 BROOKLYN BOARD PRESIDENT GRI & CRS Designations **President’s Elite** 1996-2007 Certified Relocation Director Mike Ferry Superstar Program

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