The appeal of renting is not having to worry
about burst pipes, mowing the lawn or fixing the electrical wiring.
You can read
about our burst pipe and how our journey to our new kitchen here.
Not exact matches
Leaks,
burst cooling
pipes, faulty controls, misplaced fuel rods and engineers» warnings
about design flaws have done little to slow down approvals for continued operation of the nation's aging nuclear plants
It's really
about what you're comfortable with and practicing preventative maintenance such as locking windows and doors while you're out and even turning off the water if you're away over the holidays to ensure the
pipes don't
burst.
If a sudden cold snap comes through earlier in the year than expected and a
pipe bursts, you don't have to worry
about replacing the things that were ruined.
What
about damage from a
burst pipe?
If a water
pipe burst, and it was no one's fault, think
about how much it would cost you to stay in a hotel for a week while they fixed it, and then add to that the cost of replacing your waterlogged stuff.
Think
about how much money you'd be responsible for to other owners, your landlord, and the association if that
burst pipe were your fault because you went away on vacation and there was a cold snap.
Pity
about the room next door to us having a
burst pipe, their room flooded.
But what
about the other costs of a fire or
burst pipe, such as staying in a hotel while repairs are made?
Whether its your forgetting
about your bath tub running, or a
pipe bursting, water can ruin all of your belongings.
I dealt with two different vacant properties where the
pipes burst within the first couple days after purchasing at auction, and it added
about $ 10k of cost for dealing with it but overall the deals had enough room to absorb that fixup cost and still work out well.
The duplex is built in 1910, cash flows well, but has snow sitting on the roof half the year, I have to replace the furnace already, worry
about ice / snow removal, and of course, had to pay for that frozen
pipe (that goodness it didn't
burst).
Let's talk here
about how to prevent
pipes from freezing and then
bursting as the temperature rises.