A rental building sets you up for a regular passive income stream as long as you have tenants. But retaining tenants requires attention to the maintenance and upkeep of your property. Regular maintenance may seem like a hefty investment, but it makes tenants stick and increases the rental value of your place.
Beyond structural repairs, you must pay attention to unseen issues like plumbing problems. Statistics show that small leaks waste thousands of gallons of water every year, so they deserve careful attention and timely action. How can you tell if your rental building’s plumbing system needs serious restoration?
Well, you may not see visible signs, but some indications always warn you that you must act sooner than later. Here are the ones indicating that a plumbing disaster may hit your rental property if you don’t call an expert.
Table of Contents
- You are not happy with the water pressure
- You can see leaks in and around the house
- Your property has mold
You are not happy with the water pressure
As a landlord, you should check the water pressure in your house because a potential tenant will pay special attention to it. If it feels like a trickle instead of a refreshing downpour, you surely have to worry. Weak water pressure can be frustrating and disappointing for even a tenant who loves your place.
It could also doom a huge expense as a clog or blockage in the pipes is a possibility. But you can give your plumbing system a much-needed facelift to restore the water pressure and attract new tenants (or make the old ones stick).
Also Read: Plumbing System Design: Key Considerations For Engineers
You can see leaks in and around the house
Of course, you don’t live in your rental property, but someone else does, and they expect the best. What if there are leaks in and around the house? You may see marks on the wall, hear dripping taps, and spot puddles on the floor if something is amiss. Likewise, water logging may happen outdoors around the boundary walls and near the foundation.
Whether you have a tenant in the house or expect someone to rent the place soon, you must address these issues. According to experts, Cured In Place Pipelining (CIPP) is a good option. Since CIPP works with any type of plumbing system, you don’t have to worry about the specific needs of your property.
A CIPP specialist quickly places a dry tube inside the old pipe to create a structural bond preventing further leakage.
Also Read: Does UV Light Kill mold? Yes it does & here’s how to do it
Your property has mold
Another serious indication that your rental property requires plumbing restoration is the presence of mold. The worst thing about mold is that it can cause health hazards to residents, so no one actually wants to stay in a place with it.
Your property may lose its rental value and reputation. Not to mention, you end up spending tons of money on mold removal. Leaky pipes can create a breeding ground for mold, so you must quickly take up a restoration project.
Finally, trust your gut because it will warn you if something just doesn’t feel right about your rental building’s plumbing. Plumbing issues can escalate fast and the longer you wait, the costlier the restoration is. Call experts when you spot these signs and protect the value of your rental property.
