Remote Water Leak Detection Systems for Properties?

[Adam Jaggers]

I've been investing for a few years now but have been in tech even longer. Early on in my investing journey I experienced a ton of water damage because of water leaks in places that often goes unnoticed under sinks, in utility closets etc.

I was curious if anyone else here has considered any remote monitoring water leak systems?

Thanks

Adam

[Cathy B.]

Adam,

I use Flume for my own residence and love it!  I've thought about it for a rental property, but it would require an internet connection, conceivably the tenant, in order to provide the feedback from the meter portion.  So, I wonder if one could convince them to connect it and monitor it . . . it gives feedback on their water usage so they may be interested in knowing since they are paying the water bill.  If I did this, I would likely ask them to screenshot the app where it says there is water leak instead of invading their privacy on the water usage.  There is a way to do shared access if you are not concerned about this.

There may be other options out there, but this one does not require a plumber and is easy to install. Also my water provider gave me a rebate for my private home for this product.

https://flumewater.com/?sref_id=z0xwsdf

Feel free to ask me anything else about it!

-Cathy