Water damage can lead to the mould growth, timber decay and a musty smell. Not only does this result in an unsafe and uncomfortable home, but the Landlord or Property Manager must deal with the repair of the damage as well as its source.
According to a review of insurance data, water damage is the number one claim submitted by Landlords in Australia. However, there are ways for you to protect your property investment from steep expenses due to repairs.
Water damage is commonly caused by leaky pipes, floods and storms.
Some tips Landlords should take note of the next time they’re inspecting their property are:
- Replace old flexi hoses to manage an escape of liquids. This is often overlooked, but is easy to do.
- Ensure gutters are clean to help avoid storm damage.
- Check hoses for expiry dates. They are typically designed to last five to 10 years.
Flexible hoses, in particular, play a significant part in water damage. Over 30,000 claims were brought about by the failure of braided flexi hoses found underneath kitchen sinks.
Stacey Lee Realty has experienced Property Managers to handle the task of maintaining your investment and ensure your investment is working for you with minimal hassles. Call us today at 07 3399 2966 or visit www.staceyleerealty.com.au