Tip #133: Surf’s Up!
That dependable washing machine you bought for your rental property a few years back was a valuable addition, but did you know that washing machine hoses are one of the main causes of flooding–and property damage?
The trouble is the hoses are typically behind the machine, out of sight. There is usually a bulge before a blow-out, but if no one is watching, you won’t know until your tenant is ankle deep– and your floor is a wreck.
Keep tabs on the washer’s maintenance, or update the hoses with more flood-friendly varieties that resist splitting. Some provide an automatic shut-off feature. FloodStop offers a shut-off system that also sounds an alarm–so you don’t accidentally wind up with ocean front property.
See last weeks Landlord Quick Tip.
American Apartment Owners Association offers discounts on products and services for landlords related to your rental housing investment, including rental forms, tenant debt collection, tenant background checks, insurance and financing. Find out more at www.joinaaoa.org.