Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

734
Posts
510
Votes
Joseph Gozlan
  • Real Estate Agent
  • Plano, TX
510
Votes |
734
Posts

Quiiiiiiiiiiick TiP!

Joseph Gozlan
  • Real Estate Agent
  • Plano, TX
Posted

For all you MF owners out there, here's a quick tip I learned today from a veteran PM:

Have your maint. guy (or yourself if you're the maint. guy) write down the water meter reading twice a week and track it over time.

This will allow you to identify a hidden leak fast and get in-front of it before it gets too bad.

For example If the week over week consumption jumps 50% on day and nothing special should have caused it then you need to start looking into it. 

If you wait on the bills to come they are usually 5-7 weeks after a potential leak started (time ti takes the city to calculate the consumption, issue a bill, send it, the PM to look at it etc.) by then, you could be facig a bigger problem not to mention at least 5 weeks worth of over consumption.

Just though I'd share with y'all :-)

Loading replies...