Congratulations on buying your first house. Now, you have to learn how to keep it in good repair. To be safe, you should set aside money every year — 1% to 3% of your home’s purchase price — for repairs and maintenance.
The good news is that most repairs are simple, inexpensive, and DIY-friendly. If you can fix stuff yourself, you’ll only pay for the cost of materials and save a bundle on these common repairs and replacements.