Is a Home Maintenance Plan Worth It? Will it Save You Money?

Описание: How often have you been overwhelmed with having to deal with home repairs and maintenance? You find a problem with the home - maybe it’s a leak - and before you can even begin to hire someone to do it, you have to do your own research to even find out who to call. Is the leak a job for HVAC or plumbers? How do you know where to turn? How can you know who to trust to let into your home?

And on top of all of that, you can never be fully prepared for how much repairs will cost. On average, homeowners spent nearly $6,000 on home maintenance and repairs in 2022.

Honey Homes, a membership service aimed at helping homeowners stay on top of their monthly to-dos and maintenance needs, was created as the simple solution to these problems. The company has exploded into a success, gaining over 800 members, completing over 20,000 tasks, and having made over 10,000 handyperson visits within just two years.

In this episode of A Place of Possibility, we sit down with Andrew Perroy, General Manager for Honey Homes here in the Bay Area, to discuss how you can not only keep your home in the condition you bought it in (or better!) but even save time and money in the process. Through his incredible insights from being with Honey Homes, you can learn tips and tricks here that you can’t get anywhere else.

A Glance at this Episode:
0:00 Introduction
2:05 Tis the season for back to school! We get a lot of questions about how to put money in and get money out of 529 accounts, so today, we’re going to start there.
3:12 What can 529 account funds be used for? Higher education expenses, tuition and fees for elementary and secondary school, off-campus housing, student loans after college graduation, and more!
4:19 And here’s what you cannot use 529 account funds for – transportation and insurance costs.
4:30 While you don’t have to notify the IRS every time you take money out, there are some things you should be aware of. Press play now for more.
5:51 Taking money out of a 529 account isn’t as complicated as it seems. Most plans allow you to either cut a check or electronic transfer.
6:26 Ever wondered what to do with the remaining 529 funds? Listen in as Richard and Angela discuss your options.
8:48 Now, let’s dive into our topic for this episode! Meet Andrew Perroy, General Manager at Honey Homes, a firm that’s majorly impacting how consumers get their home maintenance done.
10:11 What are the most common maintenance issues homeowners face? Andrew weighs in and talks more about the general stress a home goes through over time.
11:00 Budgeting for home repairs, especially if you’re a retiree on a fixed income, is tricky. Experts say 1-2% of your mortgage, but Honey Homes offers a different solution.
12:41 Find out how often big repairs (like roof replacements) actually come up for homeowners - the answer may surprise you.
14:08 Problems like the ones we’re discussing here tend to sneak up on homeowners, but with a solution like Honey Homes, you can avoid them. A seasoned tradesperson knows where to look.
16:28 There’s no “set it and forget it” regarding home maintenance. Honey Homes offers a seasonal perks program with all the seasonal tune-ups built into your membership, so you don’t have to be the expert.
16:57 Before we move on from budgets, let’s talk a bit more about setting aside maintenance money and why Honey Homes is so much more cost-effective.
18:32 Next, Andrew shares more insight about what members get when they sign up for a monthly or annual program.
20:24 Find out what the most common repair requests that come from homeowners.
22:18 Honey Homes has a rigorous screening and training process for their handyperson, setting them apart from its competitors and ensuring you work with only the best professionals.
26:20 How did Honey Homes get started?
27:53 If you’re located in these areas, Honey Homes is available to you!
28:28 Learn how Honey Homes differs from other home maintenance services, including Taskrabbit or Home Warranty Services.
32:16 Interested in knowing how much Honey Homes costs and what you get with it? There are two ways to engage with Honey Homes, monthly and annually. Start listening here for the details.
34:53 The way Honey Homes is set up encourages homeowners to be proactive with taking care of housing maintenance - without having to put in more work and saves you money in the long run.

YOU’RE INVESTED, AND SO ARE WE™. If you’re looking for out-of-the-box financial wellness support that offers long-term success even while navigating life transitions and challenges, we’ve got your back. Get started by scheduling a 30-minute session with Richard or Angela today https://calendly.com/delmontegroup.