W2 Capitalist | For BRRRR-ing, Married, Busy Parents
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Jay Helms
Burst Pipes & Tenant Rights: Navigating Water Leak Reimbursements
2 minutes Posted Jun 3, 2024 at 10:00 am.
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Show notes

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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