How To Deal With Water Damage In Your Colorado Springs Rental Property PART 1

Fresh Water

Brought to you by Muldoon Associates, Inc. Exceptional Property Management

This first part is going to cover the lesser of two evils in the water damage world, fresh water.  Some of you may be under the impression that fresh water events are no big deal.  The carpet got a little wet, you can shop vac it dry, and everything is good to go!  Unfortunately this is not the case and you are going to want to make sure this type of work is done right or you could be opening yourself up to lawsuits or health hazards.

Water extraction is a complex business now.  There is specialized equipment, chemicals and training required to properly extract and dry affected areas.  If your affected areas are not properly dried you could be creating the perfect atmosphere for mold growth which will cost much more than just doing it right the first time.  Fortunately, fresh water sources if tended to quickly are less of a health concern than contaminated water.  If drywall is not "too" wet it can be dried, carpets can be peeled back and padding replaced, and there will not be a need for as much removal of materials.

Fresh water can turn into contaminated water if it's not cleaned up quickly enough.  Every minute the water is left in the home it collects more debris, germs, dust and dirt.  It also wicks and soaks more and more areas in your home.  This is why it's so important to act quickly.  As the water gets more contaminated the cost of mitigation goes up.   Most water damage situations will involve humidity readings, specialized drying equipment and time.  The wetter an affected area is the longer it's going to take to dry.  This all seems common sense but you would be surprised how many folks I talk to are under educated when it comes to this type of damage and they are shocked with they get bills that often times range in the thousands.  I suggest contacting your insurance company and checking what kind of water damage coverage you have.  If you don't have proper coverage for fresh or contaminated water damage I suggest purchasing it or finding a company who offers what you need.

That finishes up our post on fresh water mitigation!  Check back soon for the second and final part of this series which we will cover contaminated water mitigation!

Daniel Muldoon

How To Avoid Water Damage In Your Colorado Springs Rental Property

In Colorado we have a semi arid desert climate but during our monsoon season it's not uncommon to have leaky roofs, flooded basements, and other water related issues. The water itself is a big problem but the potential for mold due to the water is an even bigger problem.  In order to avoid these issues it's imperative you take the steps in this blog to protect your rental property from water damage and mold.

At least once per year you should have a roofer come out and inspect your roof.  Many companies will provide this service for free and you should take advantage of it!  They will not only check out your shingles but also the soffit, gutters, flashing, etc.  All of these areas are possible points of entry if they are not totally sealed off.  Many times a roof leak will cause damage to ceilings and it's possible to drip into ceiling fixtures and create a fire hazard.

Window wells are another problem area that can allow water to enter basements or lower levels.  Make sure none of your downspouts empty near or around your window wells.  Place a couple inches of river rock in the bottom so the water can drain without eroding the dirt at your foundation.  Verify your gutters are draining properly to the downspouts and rain water is not flowing over the tops of the gutters.

Last but not least you need to make sure the drainage around your foundation is such that the water runs away and into the street as opposed to pooling up or draining into your foundation.  You will want to make sure your neighbors drainage does not come towards your property also.  In Colorado Springs it's against the law to have your drainage affect another property and water must be diverted towards the street.

I hope this information has been helpful to you and will help avoid issues with water damage or mold.  You will want to check with your insurance company and see if your policy covers this type of damage in case it does happen or if they offer a rider policy that will cover you.

Daniel Muldoon
Muldoon Associates, Inc.

Things To Do To Your Colorado Springs Rental Property Before Fall

Things are going great!  You have read my previous blogs on properly vetting tenants and keeping your rental property occupied and you have had months of smooth sailing!  Remember you still need to stay ahead of repairs and upkeep on your property.  As we come into fall it's a good thing to have a list of items that you will check and repair before fall hits.

Summer in Southern Colorado involves hot days and 60-70 degree nights.  There is little to no risk of freezing so hoses are easily forgotten and left attached to spigots, or sprinklers are set on auto-pilot with no fear of breaks.  As we come into the fall season the days will stay warm but the nights will begin to cool.  You will need to start the furnace soon and turn off the A/C.  Here is a list of things you should do to your rental property as we transition into fall.  Some of these items are tenant responsibility but use this as an opportunity to walk your tenant through the processes or provide them with preferred vendors to take care of it if they cannot.

1. Have the furnace serviced and cleaned
2. Keep an eye on your gutters as the leaves and sticks begin to fall
3. Get into the habit of spooling up your hose and removing it from the spigot
4. Fertilize and aerate your yard
5. Check all weather stripping and caulking around doors, windows, vents, etc
6. Winterize your evaporative cooler
7. Turn off your sprinklers are nights that are below freezing
8. Make sure you have secondary heating options in case there is a problem with the central heat
9. Mow your yard at higher depth to help protect the grass from the coming cold season
10. Remove all dead and overgrown vegetation

If you have completed this checklist you are well prepared for fall in Southern Colorado.  I'll be back shortly with a list of items to prepare for winter!

Daniel Muldoon
Muldoon Associates, Inc.