Winter Weather
It’s that time of year again when we have extreme cold weather events. We are reminding tenants about the need to protect people, pets, pipes, and plants. While we can remind them and give them tips, there are still many factors in whether a given property will end up having frozen pipes or other issues. Pipes and exterior water heaters are extremely vulnerable when they are on an exterior wall on the north side of a home. Properly preparing a home doesn’t guarantee that pipes will not freeze, and unfortunately, there are external factors like power outages that we’ve experienced quite a bit of in the last few years. The current weather even seems to have passed without any major power outages, but there were isolated areas that did lose power for various reasons. If a property is impacted by the freeze we will communicate directly with the owner.
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For homeowners venturing into real estate investment, especially when potentially expanding a rental property portfolio, a critical decision involves structuring a business.
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