🔥 Small Leaks Destroy NOI — One Drip at a Time 🔥 We just closed on a property where we found: ✔️ One constantly running toilet in the office. ✔️ Two broken trap primer valves dumping water 24/7 in the pool bathrooms. Many owners don’t even know what a trap primer is. (It’s a tiny valve that feeds water into floor drains to stop sewer gas. When they fail, they don’t drip — they pour.) Here’s what these “little” issues were really costing the prior owners! 🚽 Running toilet: 43,200 gallons per month 🚿 Two failed trap primers: 25,920 gallons per month 💸 Total: 69,120 gallons per month At Johnson City rates: 💰 ~$757 PER MONTH lit on fire. The fix? ✅ $770 in repairs ✅ Paid for itself in little over a month ✅ Annual savings: ~$9,084 At a 5.5 cap that’s 165k of value for a $770 repair!! You don’t go broke because you can’t see the problem. You go broke because you underestimate how much it’s costing you. The leaks are visible. The math is invisible. And that’s where NOI quietly dies. ⸻ Great maintenance isn’t overhead. It’s one of the best investments in your entire operation. ⸻ 👉 Follow me for more real-world apartment investing lessons