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Updated 6 months ago on . Most recent reply

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Mario Morales
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Concern About Gas Shut-Off and Impact on Building's Plumbing and Safety

Mario Morales
Posted

I recently received a letter from People's Gas regarding a Landlord Reversion Agreement. After calling them, I found out that the gas for one of my tenants has been shut off due to non-payment. I'm the landlord of a 3-unit building and wanted to know if I should be concerned about any potential plumbing issues (like freezing pipes) or other safety concerns.

What steps should I take to protect the building, and are there any other things I should be worried about in this situation? Any advice would be appreciated!

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Bill B.#3 Syndications & Passive Real Estate Investing Contributor
  • Investor
  • Las Vegas, NV
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Bill B.#3 Syndications & Passive Real Estate Investing Contributor
  • Investor
  • Las Vegas, NV
Replied

Most landlord reversion programs means you will start paying the bill. So there won’t be any problem with freezing, only a problem with you getting your money back. You either backbill the tenant or you start the eviction process, or both. 

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