The Hot Water Tank
The hot water heater is usually overlooked until it stops working.
The reasonable repair time is 24-72 hours. Most plumbers can be there on the next business day, but it’s worth a quick discussion with your tenant to decide if it’s a plumbing issue or an electrical problem first.
Troubleshoot with the Tenant
Troubleshoot with your tenant first:
- For a gas hot water tank, check the pilot light. Many tenants are not comfortable with this and may need assistance, but it’s worth asking.
- For an electric hot water tank, check that the circuit breaker is shut/”on.”
The Repair
These tanks typically last between 8-12 years, and it may only need a simple repair. If not, a standard 40 gallon hot water tank can be replaced within 24 hours for $1200-1800.
Hot water heaters are pretty straightforward. If there’s no hot water, check the power, then call a certified plumber.
More resources...
The Sewage System Failure
The sewage system failure can wreck havoc on an investment rental property. Here's how to be prepared for the worst.
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Sewage is backing up in the bathtub of your rental property. If you're working with a plumber, here's what you can expect.