One of the quickest ways for you to start losing money on your Arizona rental property is water damage that has previously occurred or water damage that will occur. Both scenarios can get expensive and out of your control before you know it. There are some really good tips to prevent future water damage and some good tips on addressing and fixing damage that may already be in your property.
One of the best things you can do to proactively avoid future water damage to a rental property of yours is by routinely checking the water valves around the toilet and sink areas. Arizona has a reputation for having “hard” water and that is a reputation that is well earned. Our water is “hard” on our pipes and valves. Over time that water can start causing corrosion and calcium build up around supply lines to our toilets and sinks and left unchecked those pipes can get bad enough to where they eventually burst potentially flooding out the entire property. If routinely checked and replaced when they start looking questionable that can save you thousands of dollars in future damages.
There are times when the pipe hasn’t necessarily burst yet but it has been leaking and that can be just as expensive if left alone. Some signs of water damage can be laminate flooring that has started to buckle, or slabs in your cabinets around your kitchen sink that have begun to sag or even mold growth or discoloration around the drywall of the toilet. If you are seeing any of these signs of water damage it will be in your best interest to call a professional restoration company that you trust such as Slate Restoration to come out and properly address the damages and remediate them before the integrity of your property is in question or even worse, before you risk the health of your trusted and faithful tenants.