Matt writes about a great subject here.
Last summer we had the insane experience of thieves stealing copper from 35 roof top units. It happened to be the hottest week of the year and we could not get enough window units to suffice the residents.
The thieves got away with $400 in copper and we were left to pay near $30,000 to get the units up and running again. That not to mention concessions, gift cards, widow units and forced vacancy.
It is a huge problem in our area.
What about the rest of you out there? Do you experience the same issue? What do you do about it?
M
Sent to you by Mike via Google Reader: Securing AC condensers via St. Louis Real Estate Investment & Development Blog by Matt Kastner on 3/31/08 Nothing hurts a landlord’s pocketbook or pride like being the victim of theft or vandalism. The main security issue facing landlords in St. Louis and around the country is copper theft, but there are many other temping targets at any property. One particularly expensive and “easy to steal” component are AC condensers. (more…)
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