The Damage One Small Water Leak Can Do
What I'm about to explain to you, cost the homeowner
about $1200 and it could have been fixed, with a two dollar rubber
washer. When I say two dollars, it could have been even less than that,
but we'll stick with two dollars.
The story you are about to listen to, deals with the renters, the owner of the rental house and the water damage repair contractor. The water damage repair contractor makes the money, the owner of the home, loses the money, and the renters, really don't care, because it's not their home anyway.
If you own property, and rent it out, I would like to advise you to, do a walk-through on your properties at least every two months. If this homeowner, would've seen the water heater damage, he could have simply went down to his local home improvement center, or plumbing supply Center and purchased a new water heater connection pipe or the rubber washer, that was leaking and repaired it.
Instead of checking up on the property, regularly, I don't really believe that the homeowner, ever went back to check on the property, once it was rented. I always feel sorry for these guys, I have to repair, all of the water damage, replace all of damaged materials, and the homeowner needs to fork out the money. The water leak ruined the water heater and it also needed to be replaced.
This is the damage that one small leak can do. I often hear people joking about it, and I even seen it on a television show one time, when the entire house collapsed and at the end of the show, the plumbing repair contractor, held up a $.15 rubber washer and told the homeowner's, that this was the problem and if they would've replaced it, their house would still be standing today.
I understand that this is the movies, but things like this really happen. So pay attention, inspect your homes on a regular basis and save yourself hundreds if not thousands of dollars in the future.