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Burst Pipes & Tenant Rights: Navigating Water Leak Reimbursements
W2 Capitalist | For Married, Busy Parents Side Hustling in REI
English - June 03, 2024 10:00 - 2 minutes - 2.61 MB - ★★★★★ - 156 ratingsInvesting Business Careers realestateinvesting capitalist legacywealth realestateinvestor Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Filtering For Quality Self-Managed No Hassle Tenants
We’ll discuss in this episode our straightforward policy for reimbursing residents for water leaks, an issue we've frequently encountered across our property portfolio. From burst pipes hidden behind walls to leaks under the slab or in the yard, water leaks can cause significant stress for both landlords and residents. We'll walk you through our process of handling these situations, including how we calculate reimbursements based on residents' average water bills over the past year. Learn how to implement this water leak policy and other techniques to enhance your landlord-resident relationships.
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