beachcitiesmanagement

How to Choose the Best Property Management Company in Long Beach CA

Thu, 26 Mar 2026 02:02:28 GMT

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Choosing the best property management company in Long Beach CA is one of the most important decisions a rental property owner can make. The right partner can increase profitability, reduce vacancy, protect you legally, and improve tenant satisfaction. The wrong one can cause stress, financial loss, and long-term damage to your investment.

With so many property management companies in Long Beach to choose from, how do you know which one is right for your property? This guide walks through what to look for when hiring a Long Beach property management company in 2026.

Start With Local Long Beach Property Management Experience

Not all property management companies bring the same level of local knowledge. Long Beach has its own rental dynamics, neighborhood pricing differences, and compliance requirements that take hands-on experience to navigate.

A qualified property manager in Long Beach California should understand rental pricing differences between neighborhoods like Belmont Shore, Bixby Knolls, Alamitos Beach, and East Long Beach, along with local tenant expectations, city inspection standards, California rent regulations and late fee rules, and fair housing compliance requirements.

Hiring a company that specializes in property management in Long Beach CA rather than a general statewide operator keeps your rental strategy aligned with the local market. It also helps to know the most common problem for rentals in Long Beach so you can ask the right questions upfront.

Evaluate the Scope of Services Offered

Some companies offer basic management, while others provide full-service property management. The difference matters. A full-service property management company in Long Beach CA handles the entire rental lifecycle, from marketing and tenant screening to maintenance coordination and financial reporting.

When evaluating services, ask whether they will professionally market and price your rental, whether they conduct thorough background and credit screening, how they handle rent collection and late payments, what maintenance systems they have in place, and whether you will receive detailed monthly owner statements.

Many Long Beach property management companies advertise low fees but charge extra for leasing, inspections, or maintenance coordination. Make sure you understand exactly what is included. One area often overlooked is utilities. Knowing which utilities you can have your tenants share can meaningfully reduce your operating costs.

Understand Their Rent Collection Process

Consistent rent collection is one of the most important functions of rental property management in Long Beach CA. Strong companies use online tenant portals, automatic payment options, structured late fee enforcement, and clear communication policies.

Ask how they handle tenants who are late. In California, proper documentation and compliance with local regulations are critical. It is also worth exploring whether there are options for automatic rent collection that can reduce delays and keep your cash flow consistent.

Review Their Tenant Screening Standards

Poor tenant placement is one of the most expensive mistakes a landlord can make. The best property management companies in Long Beach CA follow strict screening standards that reduce risk and improve tenant retention. Strong screening includes credit history review, income verification, rental history checks, background screening, and fair housing compliant procedures.

Ask what income-to-rent ratio they require and how they handle borderline applications. A consistent screening process protects your property and your long-term returns. Even with rigorous screening, late payments can still happen. Understanding 3 ways to deal with tenants who are consistently late helps you know what to expect from your management company.

Assess Communication and Reporting

Communication is where many property management relationships break down. When interviewing companies, ask how they communicate with property owners, tenants, and vendors. Expect clear, structured monthly reporting with income, expenses, maintenance costs, and year-to-date summaries.

Good Long Beach property management companies use technology to stay transparent. Owner portals, maintenance tracking, and digital documentation all improve accountability. If a company is slow to respond during the sales process, that is usually a sign of how communication will go long term.

Ask About Maintenance Oversight

Maintenance can either protect or drain your profitability. A proactive approach is far more cost-effective than reactive repairs. A quality property management company in Long Beach will conduct routine inspections, coordinate licensed vendors, plan preventative maintenance, offer competitive vendor pricing, and document all repairs.

Ask whether they mark up vendor invoices or pass costs through transparently. In coastal markets like Long Beach, exterior maintenance, roofing, plumbing, and moisture control need consistent attention. Staying on top of these protects long-term property value.

Compare Fees, But Do Not Choose on Price Alone

Property management fees in Long Beach California typically range between 6% and 10% of monthly rent. Cost matters, but the cheapest option is rarely the best. Low-cost management can result in weak tenant screening, poor communication, delayed maintenance, higher vacancy rates, and increased legal exposure.

Rather than focusing only on percentage fees, evaluate total value. A slightly higher fee can mean better tenant placement, lower turnover, and stronger long-term returns. Professional property management in Long Beach is an investment, not just an expense.

Read Reviews and Check Reputation

Online reviews give you a window into how a company handles both tenants and owners. Look for consistent patterns around responsiveness, transparency, professionalism, and maintenance efficiency. Reputation carries weight in the Long Beach rental market, and a well-regarded property manager in Long Beach CA can also help attract higher-quality tenants.

Consider Long-Term Partnership Potential

The best property management relationships last for years. You want a company that can grow with your portfolio. If you plan to add ADUs, purchase additional rental units, transition away from self-management, or expand into multi-family properties, make sure the company has experience managing properties like yours.

Long Beach property management requires evolving strategies as rental laws and market conditions shift. Choose a partner who thinks long term.

Why Beach Cities Management Is a Trusted Choice

Beach Cities Management focuses on property management in Long Beach California. We work with residential rental owners to protect their investments, improve cash flow, and reduce day-to-day stress through full-service management, professional marketing and tenant screening, online rent collection systems, transparent financial reporting, proactive maintenance coordination, and clear communication.

Ready to Partner With a Professional Long Beach Property Management Company?

Complete our Owner Application to get started.

The Complete Guide to Long Beach Property Management in 2026

Tue, 24 Mar 2026 01:50:30 GMT

Long Beach property management has changed a lot over the past few years. With rising rental demand, stricter compliance requirements, and more competition among property management companies in Long Beach CA, rental property owners need to be more strategic than ever.

Whether you own a single-family rental, a 4-unit property, or a growing portfolio, understanding how property management in Long Beach works can directly affect your profitability, stress level, and long-term returns.

This guide covers everything Long Beach property owners need to know in 2026.

What Is Long Beach Property Management?

Long Beach property management is the professional oversight of residential rental properties. A property management company in Long Beach handles the day-to-day operations of rental homes, apartments, and multi-family buildings on behalf of owners.

This typically includes marketing and advertising rental properties, tenant screening and lease preparation, rent collection and late fee enforcement, maintenance coordination and repairs, financial reporting, legal compliance with California rental laws, and tenant communication and retention.

Professional rental property management in Long Beach CA lets owners earn passive income while reducing legal risk and day-to-day workload.

Why Long Beach Rental Properties Benefit from Professional Management

The Long Beach rental market is competitive and heavily regulated. Local and state laws continue to change, particularly around rent increases, late fee limits, habitability standards, tenant protections, and security deposit handling.

A knowledgeable property manager in Long Beach California keeps your rental compliant with California landlord-tenant laws, Long Beach city ordinances, and fair housing regulations.

Even minor mistakes, like mishandling a late rent situation, can lead to costly disputes. Knowing the most common problem for rentals in Long Beach can help you get ahead of issues before they grow.

What Services Do Property Management Companies in Long Beach Provide?

A full-service property management company in Long Beach CA covers the entire rental lifecycle. At Beach Cities Management, services include leasing and marketing, tenant management, financial management, and property maintenance.

Leasing and Marketing

This covers professional rental listings, market-based pricing analysis, showing coordination, application processing, and background and credit screening.

Tenant Management

This includes lease drafting and enforcement, move-in and move-out inspections, maintenance request handling, tenant communication systems, and lease renewals.

When tenants fall behind on rent, having a clear process in place matters. Here are 3 ways to handle tenants who are consistently late .

Financial Management

Financial management covers online rent collection, automatic payment options, owner statements and reports, maintenance cost tracking, and year-end financial summaries.

Many owners find that automating rent collection saves time and reduces delays. There are options for automatic rent collection worth exploring.

Property Maintenance

Maintenance services include vendor coordination, preventative maintenance planning, emergency repair response, and routine property inspections.

How Much Does Property Management Cost in Long Beach California?

Property management fees in Long Beach generally range between 6% and 10% of monthly rent, depending on property size, number of units, service level, and leasing needs. Some companies charge separate fees for leasing, inspections, or maintenance coordination.

While the cost gives some owners pause, professional rental property management in Long Beach can improve overall returns through reduced vacancy time, better tenant retention, fewer costly legal mistakes, and optimized rental pricing.

The Risks of Self-Managing Rental Property

Some landlords manage on their own to cut costs. Without professional support, that can lead to extended vacancies, poor tenant screening, rent collection delays, inconsistent enforcement of lease terms, legal compliance issues, and burnout.

California's tenant-friendly laws mean even experienced landlords can run into trouble navigating disputes. For owners with full-time careers or multiple properties, professional Long Beach property management services take that burden off their plate.

What Makes the Best Property Management Companies in Long Beach CA Stand Out?

Not all property management companies are equal. The best ones in Long Beach share several traits.

1. Local Market Expertise

They understand neighborhood-level rental trends, from Belmont Shore to Bixby Knolls.

2. Strong Communication Systems

Clear, consistent communication with tenants reduces conflict and improves retention.

3. Transparent Reporting

Owners receive detailed financial statements and maintenance updates on a regular basis.

4. Technology Integration

Tenant portals and online rent collection platforms keep operations running efficiently.

5. Proactive Maintenance Strategy

Staying ahead of repairs reduces long-term costs and protects property value.

Long Beach Rental Market Trends in 2026

Rental demand in Long Beach stays strong due to its proximity to Los Angeles and Orange County, coastal lifestyle appeal, a growing job market, and continued ADU development. Anduril Industries is building a 1.18 million square foot campus at Douglas Park, bringing 5,500 new jobs to the area.

Many owners are expanding their portfolios through Accessory Dwelling Units (ADUs), small multi-family acquisitions, and renovation-driven rent increases.

If you are adding an ADU, it helps to understand what to expect for your ADU rental in Southern California before listing it .

Is Hiring a Property Management Company in Long Beach Worth It?

For most rental property owners, the answer is yes. Consider bringing in a management company if you own multiple rental units, live outside the area, want to earn passive income, struggle with tenant communication, want structured financial reporting, or need to reduce legal risk.

Professional management lets you focus on growing your portfolio rather than handling daily issues.

Why Work with Beach Cities Management?

Beach Cities Management provides full-service Long Beach property management for residential rental owners. We handle leasing, rent collection, maintenance, and reporting, combining local market expertise, modern rent collection systems, thorough tenant screening, transparent owner reporting, and proactive maintenance coordination.

Ready to Simplify Your Rental Property Management?

Apply through our Owner Application to get started.

Utilities You Can Have Your Tenants Share

Thu, 19 Mar 2026 03:05:56 GMT

Managing utilities in rental properties requires clear planning, especially when dealing with shared services. In smaller rentals such as properties with one or two units, it's not uncommon for some utilities to remain on a single account. This can be due to infrastructure limitations or to streamline overhead costs.

Below, we’ve gathered three utilities that you can share with your tenants, and why landlords are choosing to do so.

Water and Sewage

While sharing utilities with your tenant can be a difficult conversation to navigate, sharing water and sewage with your tenant is usually better for all involved, especially for landlords renting their Accessory Dwelling Units (ADUs) while living in the main residence.

In rental properties with only one or two units, such as single-family homes with an ADU, water and sewage services are usually billed through a single meter. Although having a separate meter is possible, this is usually done during the original construction of an ADU and many landlords don't see significant benefits from installing an additional meter. For smaller rental properties, even submetering is less common due to installation costs. Though it remains a viable option in some cases. This means the property owner generally receives one combined bill rather than separate charges for each individual unit.

As a result landlords will commonly include water and sewage costs in the rent as this approach is easier to implement while not requiring any additional infrastructure. Fortunately this set up is quite simple and helps landlords avoid administrative complexity while tenants can rest easy not having to set up a separate utility account.

Electrical Bill

Electric utilities oftentimes present challenges in ADU setups, particularly when units aren't metered separately. However, unlike with water, there are meters that can be installed retroactively to track usage. Though when the ADU isn't metered, landlords are required to determine a fair and practical method of allocating costs between their tenants. Usually, this involves incorporating the cost into the rent. These methods are used widely to avoid the costs and complexity of installing separate meters, which may not be possible in the current structure.

Simplicity is the primary advantage of shared electrical arrangements, though it does come with its own risks. Remember that there will be days when a tenant may use more power than what you've calculated. Tenants may use more power than necessary leading to overconsumption and an increased overall cost. To reduce this potential issue, landlords should clearly define how electricity costs are handled, as well as if potential adjustments may occur.

Sharing Internet and Wi-Fi

In rental properties such as duplexes or ADUs, sharing an internet connection has become a more common and practical arrangement. Unlike traditional utilities that require physical infrastructure, internet service can oftentimes be extended across units using routers or access points, making it one of the easier services for landlords to share with their tenants.

Some of the benefits of sharing the internet can eliminate the need for multiple installations and wires connecting to the power lines. Nowadays, a single high speed plan can provide internet access to multiple tenants at a time within reason. Additionally, providing internet access can make your rental feel more competitive in the market, especially since reliable connectivity is increasingly being considered a basic necessity.

Landlords do need to implement clear expectations regarding usage, network security and acceptable activity. Lease agreements should outline any limitations, and responsibilities for maintaining access.

Establishing defined responsibilities within the lease agreements helps to prevent misunderstandings when it comes to sharing utilities. A well planned strategy shouldn't just simplify management, it should contribute to tenant satisfaction . If you’re looking to incorporate shared utilities in your rentals or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top Products To Consider To Reduce Noise When Building ADU

Thu, 12 Mar 2026 04:34:19 GMT

Accessory Dwelling Units (ADUs) are typically built in close proximity to the primary residence or neighboring properties. Due to this proximity, sound control can become an important consideration during the ADU’s building process .

Below we’ve gathered five unique products that can be used to reduce unwanted sound and noise from your ADU.

Acoustic Insulation

One of, if not the most common strategy for reducing noise in any new build is the use of insulation within the wall and ceiling cavities. While primarily insulation is used for its temperature control properties, regular batt insulation helps to absorb airborne sounds before it travels through the structure. Alternatively, you can use acoustic insulation which is a thicker, more dense insulation typically made of rock wool. The fibrous material disrupts vibrations and reduces the amount of energy that reaches the opposite side of the wall when compared to regular batt insulation.

Acoustic insulation is particularly helpful between bedrooms, or any shared walls between the primary residence, and the ADU if attached. During the construction of an adu, consider investing in high quality insulation for the entire structure, including the ceiling to reduce sound transfer from outside sounds such as traffic, people, or other outside noises. Although insulation on its own can fully eliminate sound transmission, it provides a great starting layer of acoustic control that also helps with climate control.

Dampening Layers

While not a single product, another method used to reduce sound transferring involves increasing the overall mass of a wall. Heavier walls generally resist vibrations more effectively than lighter ones. One way to achieve this is by installing a secondary drywall layer. Each additional layer adds both weight and sound dampening properties making it difficult for sound vibrations to pass through the thicker wall.

Builders generally add a sound dampening compound between the walls to further reduce the passthrough of sounds. This technique is more commonly used in multifamily homes or ADU structures that share a wall with the main residence whether this is a JADU (Jr. ADU) or a converted attached garage .

Acoustic Sealants

Even the best constructed walls may allow sound to travel through small gaps. This is due to sound waves moving easily through the air. They may not be easily visible, though there are oftentimes gaps around electrical boxes, wiring and plumbing penetrations, or wall joints, and they can reduce the effectiveness of your sound control strategy. Acoustic sealants are commonly used during construction to close these small openings that allow noises to pass through. Unlike your typical caulking, acoustic sealants remain flexible after installation, this helps maintain an airtight seal even if the building materials shift slightly over time. Keep in mind that seals need to be monitored for gaps and fully replaced between five and ten years later.

Double Pane Windows

Windows are used for more than adding natural light to a room, older window designs can allow for outside sounds and noise to pass through the glass making other sound deadening strategies seem as though they’re not working as efficiently.

Double pane windows are built with two layers of glass with a gap in between them, this gap is filled with air or gas that helps reduce how easily sound vibrations pass through the window when compared to single pane windows. The space in between the panes act as a barrier that slows the movement of sound, a thicker glass or wider spacing between the panes can further improve sound reduction. Much like insulation, double pane windows are primarily installed for their thermal efficiency, though they can provide a noticeable acoustic benefit that can keep tenants happy and satisfied .

Solid Core Doors

Many doors used in construction nowadays are built light and hollow making them cost effective. However, interior doors can influence how easily sound travels between rooms. Solid core doors are both heavier and more dense, because of this they tend to block sounds more effectively than hollow core doors. The difference is price can be significant, with hollow core doors potentially costing under $100 and solid core doors generally start at over $200. For this reason it's not uncommon to use solid core doors primarily for bedrooms and other private rooms.

Effective sound control in an ADU oftentimes results from several construction choices working together rather than from a single material or product. If you’re ready to provide your tenants with peace and quiet or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 3 Ways to Reduce Noise Between Walls

Thu, 05 Mar 2026 04:07:09 GMT

Noise reduction isn't typically seen as a priority for many investors and landlords. However, for long term success, maintaining a comfortable interior environment can support tenant satisfaction and income stability. In neighborhoods with heavy vehicular or foot traffic some tenants may complain about excess outside noise while in multifamily homes noise can pass through shared walls between units.

Various strategies exist that can help minimise noise between walls, today we’ll focus on the top 3.

Damage Free Noise Reduction Methods

For landlords who receive noise complaints and aren’t willing to damage the rental while the units are occupied, non damaging sound reduction methods are oftentimes the most practical option. These additions can help to reduce noise transfer without the need for opening walls. While these methods don't fully eliminate sound, they can noticeably improve tenant comfort when done properly. In older homes much of the outside noise can enter through single pane glass windows, you can reduce some noise with sound deadening curtains or if budget permits window shutters are a great way to reduce outside noise and excess sunlight. Additionally if a unit has tile or hardwood flooring, strategically placed carpets can help reduce incoming noise while softening footsteps.

Small cracks and gaps in seals can also allow significant noise from entering rooms, during inspections its important to check these areas and fill or fix them as these can also allow cold or hot air into the house which can put unwanted load on the electrical and HVAC system.

Upgrading Wall Insulation for Noise Control

Once a tenant vacates, it's the best opportunity to access the wall if previous tenants regularly complained about excess noise. Upgrading insulation can significantly improve sound insulation between walls. The added mass helps reduce airborne sound from transmitting across rooms by absorbing the sound waves within the wall before they pass through. The typical fiberglass batt insulation is one of the most common materials for residential homes, and while its use is thermal efficiency, it provides moderate sound control. That being said for better results, higher density insulation such as rock wool is far more dense and as a result allows for less sound from passing through walls. If budget and time allows, consider adding double pane glass windows as well, these are also primarily used for temperature control, though they can also reduce outside noise.

In order to get the most benefits, it's crucial to have the insulation to be properly installed. Even small voids can reduce the effectiveness of the insulation. For landlords with older properties that had minimal insulation in interior walls, adding acoustic insulation can be a cost effective improvement that improves tenant comfort and satisfaction while standing out by being quiet.

Increasing Wall Mass

Sound has a harder time passing through denser walls, and one of the most effective structural strategies for reducing noise is simply increasing the mass of the walls. While it sounds simple, this method generally involves installing a second layer of drywall over the existing wall surface while applying dampening compound in between the layers reducing the amount of sound that passes the wall. This approach isn't considered a small job since this requires someone to extend electrical boxes, as well as repainting and finishing the walls. Although more expensive, it can produce significant improvements in properties where tenant noise complaints occur frequently.

For landlords planning larger renovations, combining these three methods produce much stronger sound control than any one method on its own. Conditions within the rental property can influence how tenants experience their living space. For investors, maintaining a functional and comfortable environment can support stable long term rental income. If you’re unsure what solution is best for you, or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Ways To Deal With Tenants Consistently Late

Fri, 27 Feb 2026 04:49:20 GMT

Tenants being consistently late with their rental payments can be incredibly frustrating for landlords. Late payments can affect budgeting and cash flow which can cause landlords to pay operational expenses late themselves, or have to cover those costs out of pocket.

Below we’ve gathered three ways landlords can deal with tenants being consistently late , in order to maintain consistent cash flow.

Have a Conversation with your Tenant

Communication with your tenant is incredibly important when it comes to late payments. Assuming landlords did their due diligence in screening the tenant prior to signing the lease, consistent late payments may mean their financial situation has changed. While this can be frustrating it’s rarely beneficial to take out these frustrations with the tenant, especially if the tenant had an otherwise great record.

A simple phone call or series of text messages can help landlords understand their tenant’s situation. If they’re having a temporary financial crisis, consider offering more manageable payment installments over a set period of time. Creating a payment plan may seem as though you’re leaving money on the table at first, however in the long run you’ll ideally recover the initial amount, and have a satisfied tenant which can lead to more consistent income from a long term tenant.

This can not only help them get over their financial troubles quicker, it can foster goodwill with your tenants. This can result in more consistent income going forward. Encouraging open communication serves multiple purposes, tenants feel as though their concerns are taken seriously, and landlords build rapport while learning valuable insights on their tenants as well as solutions going forward.

Set Monthly Reminder

Sometimes tenants are late for non financial reasons, some landlords send out rent reminders a few days or a week before rent is due. This can be in the form of a text or email that reminds tenants that the rent is coming up. Remember to be professional and courteous, as this is meant to be a friendly reminder and not a harsh demand to pay on time. Although it can seem like a lot of work to send monthly reminders to tenants, especially if you’re a landlord with multiple units, remember there are tools to automate this.

If your tenants are still consistently paying their rent late, consider an additional notice reminding them of the consequences agreed upon on the lease agreement. This reminder should state clearly that the tenant is late on their payment, including additional fees incurred as well as the new total amount owed. Additionally, state what will happen if the rent isn’t paid in full, and include a way for the tenant to contact you in case there are underlying reasons for why they’re paying late. This notice opens the opportunity to work out a payment plan, while also serving as a formal record of late payment that can be used if legal action is required.

Take the Legal Route

Eviction should be the last option a landlord takes, as this process is time consuming, financially draining and legally complex for those who lack the legal resources . Many landlords will first opt to serve a pay or quit notice, which is a legal notice demanding the tenant pay the rent in full or immediately vacate the premises. This notice indicates the amount of rent due, applicable fees, a payment deadline as well as consequences for not paying in full or vacating the unit. Due to the pay or quit notice being part of eviction proceedings, it's a good idea to consult with legal experts to ensure the notice is correctly written and served to your tenant.

Depending on a variety of factors, an eviction can cost landlords in California as much as $5,000 dollars which is why it should be reserved for extreme cases. In these cases, some landlords may consider offering the tenant a small payment to leave the premises rather than going through an eviction process though there are risks involved here too.

Once all avenues have been exhausted, then a landlord may decide to begin eviction proceedings. Though this can be a lengthy and complex process which may require landlords to invest in experts in the field, since even accepting partial payment while a tenant is being evicted can require a landlord to start the eviction process all over.

Although it can be frustrating to deal with inconsistent tenants, it’s oftentimes financially more rewarding to aid a tenant then to go with the legal route. If you’re having difficult tenants or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Are There Options for Automatic Rent Collection?

Tue, 24 Feb 2026 04:40:50 GMT

The time when landlords would go door to door to collect a cash payment for rent is long gone. Not only can it be seen as dangerous to carry so much physical money on your person, it usually means you need to take an additional trip to a bank to deposit it. Technology now offers a number of options to automate this process.

Today we’ll go over the three primary options landlords can use to collect rent automatically.

Rental Apps and Software Platforms

One of the options for collecting rent automatically include rental apps and software platforms that are typically best suited for independent landlords or investors with small portfolios. These applications include:

Zillow Rental Manager
Stessa
Azibo
Avail

Many of these apps allow landlords to invite tenants to pay online through automated clearing house (ACH) transfers, debit cards, or credit cards. ACH transfers is a nationwide system used for electronic money transfers between both party’s banks and credit unions. Many platforms may also offer online rent collection alongside expense tracking tools, tenant screening and lease management. Many of these are great tools for new landlords or landlords with a small number of rental units as they provide cost effective automation.

Peer to Peer Payment Apps

Some landlords opt for using banking apps or peer to peer payment apps that offer either direct deposit options or recurring monthly transfers. These applications are generally more simple and lack property specific features, though they are more easily accessible to most tenants. Apps like Venmo and Paypal allow for recurring payments as well as tracking within the app, whereas Zelle allows its users to send money directly between bank accounts. Additionally, many tenants prefer to use Zelle as many tenants have it already integrated into their banking apps.

Tenants may prefer these options simply because they are familiar, quick and likely already installed on their smart phones. Unfortunately, they’re not equipped with lease enforcement tools, reports or formal rent ledgers. Landlords with a limited number of units can use this system to keep their tenant using systems they’re familiar with, though for portfolio growth, rental specific platforms are generally seen as more appropriate.

Dedicated Property Management Software

For landlords and investors with more experience or larger portfolios, it’s good practice to invest in hiring a dedicated property management company. Using this structure, landlords use the available resources provided by the property management company including the technology that comes built into their service .

Full service property management companies will typically use a dedicated management software to automate rent collections , late fees, and accounting. They oversee recurring rent charges and monitor payment status while providing landlords with comprehensive reports. This approach provides landlords with structure and consistency while tenants receive professional communication and access to online portals. Investors should receive monthly statements and reports about expense tracking, income and year end documentation for tax purposes.

Although this can seem like an expense, remember that hiring a property management company should be seen as an investment. One that can not only make collecting rent easier, it can help landlords reclaim their time. Time that can be used to grow your portfolio, or to spend doing what you love.

Various options exist for automatic rent collection, though each option has trade offs in convenience, recordkeeping or tenant preferences. Understanding how these tools differ helps landlords choose the best fit for their portfolio. If you’re looking to invest in a property management company or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

The Most Common Problem for Rentals in Long Beach

Fri, 20 Feb 2026 16:07:06 GMT

While Long Beach CA may be a great city to invest in for landlords and real estate investors, because of its dynamic rental market, it's important not to jump in without being prepared. It's not uncommon for new landlords to attempt to get a much higher return on investment than what the market dictates. These issues can lead to poor tenants, frequent turnovers and long vacancy periods that can significantly affect your bottom line. It's important for investors to understand the most common problem for rentals in Long Beach, CA is under estimating the workload.

Today we've broken down how being ill prepared can result in significant losses to investors and landlords.

Tenant Screening

Tenant screening is one of the most crucial steps in protecting your rental property investment . A comprehensive screening process helps to predict whether a tenant may have late payments, cause property damage or potentially end a lease early. Landlords should ensure that tenants are screened for their credit, monthly income, and rental history. Income and credit help to ensure the prospective tenant is able to afford monthly payments while providing insight into their financial responsibility. Rental history can show you their habits on how they’ve treated rentals in the past.

Although vacancies are one of the biggest concerns for many landlords, rushing this process can create a much larger financial issue later down the road. Ensure clear communication with applicants since careful screening may improve long term occupancy which protects consistent cash flow.

Property Maintenance and Upkeep

Maintenance not only directly affects the property’s value, it also impacts tenant retention, regulatory compliance and curb appeal. Proactive maintenance can help to reduce long term expenses and help in avoiding emergency repairs. Routine inspections of the roof, plumbing, HVAC equipment, and electrical system are helpful in maintaining costs consistent month to month. Deferred maintenance oftentimes leads to a significantly higher cost, this is because a small leak or loose wire when left alone can result in wires short circuiting or pipes bursting. A preventative maintenance plan provides the landlord with the ability to schedule improvements rather than reactive repairs.

Timely repair response also shows your tenants that you’re invested in their comfort which supports tenant satisfaction. This can result in more consistent rental income since a happy tenant is more likely to renew their lease rather than move out.

Rental Market Evaluation

Ensuring accurate rental pricing is fundamental to maximizing performance while reducing vacancy and turnover. If you set the rent too high, you’re more likely to experience higher vacancy periods, whereas underpricing can leave a significant amount of income on the table. It's important to conduct market analysis regularly in order to improve accuracy. Consider comparing similarly sized rentals in the area, the condition of the rental as well as the amenities provided to the tenant. This can give you more accurate data for pricing your rental which can maximize your monthly income. This is also true for rent increases, although some landlords may want to earn as much as possible, there are many regulations that limit the amount you can increase the rent. In California, rent increases are limited to 5% plus local consumer price inflation with a 10% maximum though every city and county may have differing rules and regulations.

Rental investments perform best when guided by an efficient system, and measured decision making. A structured process helps to limit uncertainty and create steady operational conditions in the ever changing real estate market. If you need additional help with understanding the rental market or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Common Problems Property Rentals Face in Manhattan Beach

Fri, 13 Feb 2026 16:18:02 GMT

Manhattan Beach is an attractive city with strong real estate investment potential. Its coastal location, established neighborhoods and consistent housing demand contributes to long term stability in the local real estate market.

Although it’s not without its challenges, today we’ve gathered three common problems that landlords need to plan for when looking to invest in Manhattan Beach.

High Cost Of Living

Manhattan Beach’s high costs of living presents a challenge for landlords who need to be able to balance operational expenses against rental income. This includes property taxes, insurance premiums and overall maintenance costs tend to be elevated in beach cities. For example, the average one bedroom apartment in Southern California is $2,400 whereas in Manhattan Beach the average can be over $3,500. This can significantly increase the baseline cost of owning an investment property in Manhattan Beach. Additionally, tenants in Manhattan Beach may expect higher standards of upkeep, timely repairs and quick responses to requests and complaints. While you can balance these costs by adjusting rent prices, landlords must be careful not to overshoot their asking price as you’ll want to maintain occupancy without pricing units beyond what prospective tenants are willing to pay. If priced too expensive, a rental can have extended vacancy periods which can be even more costly in expensive areas.

Tourist Over Crowding

Being a popular tourist destination, Manhattan Beach often has to deal with tourist overcrowding, as it can affect long term rental properties. Especially during the summer months, the additional tourism increases traffic, reduces parking availability and can become significantly more noisy when compared to the colder seasons. During peak tourist seasons and weekends landlords may find that long term residents will express concerns about quality of life as the number of visitors rise. This can indirectly affect turnover as some tenants opt for a more quiet neighborhood. It's important to maintain clear communications with tenants and setting expectations about local conditions especially for tenants who are unaware of how busy Manhattan Beach can get during the summer.

In addition, rental properties near the beachfront will likely experience an increase in pedestrian traffic as well as occasional crowds that increase both noise and the wear and tear to common areas which require more frequent maintenance. Landlords need to stay proactive and schedule maintenance and inspections during less busy times. They can also invest in upgrades to the property to improve tenant comfort such as noise dampening insulation, and double pane windows.

Limited Public Transit

Although Southern California has a relatively robust public transit system, Manhattan Beach’s public transit options are quite limited. This frequently contributes to property challenges for both landlords and tenants. Since most people residing in Manhattan Beach rely on private vehicles to commute to work, go shopping and go to school. This heavy dependency in private vehicles increases demand for already limited parking especially in residential neighborhoods near the beach or other local businesses. Long term tenants can become frustrated competing for parking, or they pay for parking which adds to the already expensive costs of living, potentially affecting tenant satisfaction and turnover rates.

With the rise of homeowners building Accessory Dwelling Units (ADUs) for additional income, the limited public transit also becomes an issue. Since Manhattan Beach requires one off street parking space per ADU in addition to the primary residence. However, this requirement isn’t necessary if the ADU is within a half a mile of a public transit stop.

While having great potential, rental conditions in Manhattan Beach reflect a combination of local and economic pressures that shape landlord’s responsibilities and tenant’s experiences. The most stable outcomes are more likely when property operations remain organized and responsive to the seasonal changes of the neighborhood’s conditions. If you’re looking to expand your portfolio with rental in Manhattan Beach or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

What Can You Expect For Your ADU Rental In Southern California?

Tue, 03 Feb 2026 21:53:29 GMT

Accessory Dwelling Units (ADU) have become an increasingly common rental option throughout Southern California. This is driven by housing demand, zone changes and property owners trying to maximize the use of their existing land. For landlords considering an ADU rental, expectations need to stay grounded in the market.

Below we’ve gathered a few factors that can affect the expectations of renting your ADU.

Rental Income Potential

Rental income from an ADU in Southern California is generally influenced by a number of factors. These include unit size, design layout and surrounding neighborhood. Depending on the market , it can influence which of these traits is more desirable for the area. For example, in neighborhoods with limited apartments availability, there is a higher demand for one bedroom or even studio sized ADUs. Additionally, ADUs which are detached from the primary residence and have a private entrance oftentimes achieve higher rents than smaller garage conversions or attached units. This is also true for proximity to highways, public transit, shopping centers or schools. Although ADUs can potentially provide stable supplemental income, rental rates need to be competitive in order to support long term occupancy for consistent cash flow.

Demand Based on Location

Depending on where your property is located, will determine the level of demand you’ll see. Beach cities such as Long Beach or Huntington Beach ’s rental market often experience higher rental competition as well as pricing, while more inland and suburban areas such as Lakewood may offer steadier occupancy with more moderate rental rates. Neighborhood characteristics such as walkability, parking availability and overall condition play a crucial role in the decision making of a prospective tenant. When compared to larger apartment complexes, ADUs may attract tenants seeking a quieter living arrangement, which supports lower turnover rates when expectations are clearly defined.

Ongoing Expenses

Like every investment property, ADUs will also introduce ongoing expenses that landlords and investors must account for. Utilities, depending on how the ADU was constructed may be metered separately from the primary residence. Though in cases where this isn't possible, shared utilities can affect monthly operating costs, especially during the hotter and colder seasons. Routine inspections, maintenance and general wear and tear should be anticipated, especially for long term rentals. Keep in mind that even the most consistent and well maintained ADUs may have the need for emergency repairs or legal assistance, meaning it's good practice to structure your budgeting accordingly in order to maintain predictable income.

Rental Strategy

Choosing the appropriate rental strategy is central to long term success with an ADU. leasing long term typically offers more stability and lower administrative effort. When compared to short term rentals which may generate higher income, though it requires more oversight, in many coastal cities there are laws limiting ADUs as short term rentals. In Southern California, landlords can earn between $2,500 and $6,000 per month on average for their ADUs, though this is dependent on location, size and design. Furnished units can appeal to specific tenant groups such as remote workers, or temporary residents, though this will require additional maintenance.

From the point of view of an investor, ADUs are seen as long term assets rather than immediate profit centers. This is due to the initial investment of constructing an ADU, while significantly more affordable than purchasing a new property it is still not what some would consider cheap. Rental income will provide gradual cost recovery, while potentially increasing overall property utility and value. Many property owners find that professional oversight can help maintain consistency across these variables especially for new landlords or investors with many properties in their portfolio. If you’re looking to rent out your ADU, or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Is Seal Beach Property Management Any Different?

Fri, 30 Jan 2026 22:36:43 GMT

Property management in Seal Beach CA largely follows the same fundamental principles found throughout California. These include maintaining habitable units, responding to repairs requests in a timely manner as well as complying with local and state laws. Though when compared to other neighboring cities some differences can be noticed.

Below we’ve gathered three differences many new and even experienced landlords may overlook.

Environmental Factors

Much like other cities near the beach like Long Beach or Santa Monica, Seal Beach’s coastal location introduces environmental considerations that are less pronounced when compared to inland areas. Salt and sand in the air can accelerate corrosion of metal fixtures, exterior ailing, HVAC components and even plumbing connections. Higher humidity levels can also contribute to a risk of mold growth if ventilation and moisture control aren't addressed efficiently. Although these factors don't alter a landlord’s maintenance obligations, they can influence the frequency of maintenance required for the property.

This also brings material selection to mind as landlords will either need to invest in more premium, outdoor materials or replace items damaged by the environment more often. Many landlords in Seal Beach understand that preventative maintenance becomes that much more important to preserving property value and tenant satisfaction .

Tenant Expectation

Seal Beach’s coastal lifestyle and comparatively higher rental prices brings with it a certain expectation from tenants in Seal Beach. This means tenants will expect quicker response times, well maintained common areas for those living in apartments, and attention to the curb appeal of the rental unit. These expectations aren’t necessarily considered unreasonable, though they may be more pronounced when compared to neighboring cities that are considered more affordable. That being said, tenants remain subjected to the same greater lease terms and legal frameworks as other counties in California. For landlords, balancing service quality with cost control is crucial for consistent rental income, whereas for tenants, clear communication about maintenance timelines and responsibilities help avoid misunderstandings and keep tenants happy.

County Differences

While near Los Angeles, one meaningful distinction about Seal Beach is it’s l ocated in Orange County , not LA county even though Seal Beach borders several LA county cities. This matters because there may be certain housing regulations that vary from county to county. As an example LA county enacted local tenant protections and emergency ordinances which Orange county isn't subjected too. Instead landlords in Seal Beach are primarily governed by statewide laws which set limits on rent increases and establish just-cause eviction requirements for covered properties. Additionally, local and safety enforcement is also handled through ORange County agencies , which can affect inspection processes as well as compliance procedures.

Compared to Industry Norms

When compared to standard property management practices elsewhere in Southern California, Seal Beach doesn't require a fundamentally different approach. Same legal duties apply, and the same professional standards are expected. The differences are incremental rather than structural, coastal exposure, tenant demographics and county level regulations introduce variables that landlords need to be aware of, though they don't necessarily redefine the role of property management. They instead require familiarity with local conditions, administrative oversight, and regulations.

While not meaningfully different in principle, property management in Seal Beach is primarily shaped by its coastal environment and Orange County jurisdiction. Since the core responsibility of landlords and tenants remains the same albeit with a little more attention to detail because of the higher asking price. Meaning tenants will expect a healthier line of communication with the landlord as well as quicker responses to complaints and requests. While Seal Beach has the potential for a higher monthly rental income, vacancies and turnovers are felt significantly more too. If you’re looking to expand your portfolio or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Ways To Remove Graffiti From Your Property

Tue, 27 Jan 2026 22:29:43 GMT

Graffiti in major cities unfortunately is a common maintenance issue that property owners and landlords must address as part of exterior maintenance. When left unaddressed, graffiti can detract from your property’s curb appeal and influence how your rental is perceived by both current and prospective tenants. Making sure to remove the graffiti in a timely manner helps to preserve the appearance of the building while supporting a consistent standard of care.

Below we have gathered three different ways to help you get rid of graffiti from your property and help keep it off.

Power Washing

Power washing is oftentimes the first method considered when graffiti appears on the exterior surfaces of your property such as concrete, brick, fencing and sometimes painted walls. This approach uses pressurized water, occasionally combined with detergents to remove paint from both porous and non porous surfaces. Power washing is relatively cost effective and can be completed quickly. This makes it suitable for smaller graffiti incidents.

Unfortunately, power washing isn't suitable for all surfaces, too much water pressure can damage older stucco, chip soft stone or erode mortar. In coastal cities, you need to be extra careful since moisture can penetrate deeper into building material which can contribute to wear and tear. Additionally, power washing the graffiti does very little to prevent future problems. When used appropriately, power washing can be an efficient response that restores the curb appeal without requiring permanent alterations.

Sandblasting

Sandblasting is a more aggressive version of power washing, where instead of water being used, it uses an abrasive. This is typically used for more severe graffiti cases, or when the graffiti has deeply penetrated the surface. This method essentially stripes away a thin layer of the surface material itself. For this reason it is used primarily on concrete and metal surfaces which can take the extra abrasive.

Due to sandblasting altering the surface, it needs to be used with caution. As improper application can permanently damage building materials or create an uneven texture making future graffiti harder to remove. For this reason, sandblasting is usually done by a professional who can assess the condition of the surface and select the appropriate abrasives. While more expensive than power washing, sandblasting may be justified when other removal techniques are either ineffective or the long term appearance of the property is a high priority.

Repainting

By far the most straightforward solution to remove graffiti is repainting the surface. In many cases, repainting is by far the most cost effective and practical solution to removing graffiti, especially when the paint damage is extensive. The main limitation of repainting is the ongoing costs if graffiti occurs frequently, as well as matching the original surface color, as some paints can degrade or fade over time, meaning even if the paint used is from the same batch, as the original paint, there can be inconsistencies.

Repainting, however, offers the opportunity to landlords or property managers to apply anti-graffiti paint. While more expensive than traditional paints, anti-graffiti paint can make future graffiti removal easier and more affordable. From the point of view of your tenants, prompt repairing sends the message that the property upkeep is being taken seriously which can reduce complaints from tenants . While for landlords, it can be a predictable and controllable maintenance expense when incorporated into routine exterior maintenance.

The most effective graffiti removal strategy depends on a variety of factors such as surface type, severity, frequency and budget. In many cases landlords benefit from structured response plans rather than a reactive approach. Many landlords opt for a combination of these three methods in order to have the highest success rate in removing graffiti from their rental properties. If you need help removing stubborn graffiti from your rental, or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

If An Appliance Fails Should You Repair or Replace?

Fri, 23 Jan 2026 17:58:29 GMT

When an appliance fails in your rental property, the decision to repair or replace will likely come up. Unfortunately, there isn’t a definitive answer, as many things in real estate the answer is it depends.

Today we’re going to look at both sides of the argument in order for you to be able to make the best informed decision.

Reasons to Repair an Appliance

Repairing an appliance is often the preferred option when the unit is relatively new, hasn’t yet shown a pattern of repeat failure and was a mid to high quality appliance originally. From a landlord’s point of view, the key consideration is whether the repair would meaningfully extend the appliance’s usefulness at a reasonable cost.

This is where the original purchase price and build quality matters most. More expensive appliances are oftentimes constructed with more robust materials and parts, these traits increase the likelihood that a repair will last. For landlords who are do it yourself (DIY) capable or have access to affordable service techs, repairs can not only be completed quickly, it can be done economically. This can minimize downtime of the appliance and significantly improve your relationship with your tenant.

Warranty coverage shifts the balance towards repairs even more. Many of the premium appliances include some kind of manufacturer warranties or extended service plans that can offset labor and parts costs. In these cases, the higher upfront price will likely already account for future servicing, making repairing the appliance a rational continuation of this investment.

Repairs can also go a long way in reducing tenant disruption. Replacing an appliance may require ordering delays, scheduling the removal and installation of the appliance or sometimes having to modify the rental’s cabinetry and connection to make the new appliance work. A timely repair can not only restore service faster, it can reduce complaints from tenants while maintaining good will .

Reasons to Replace an Appliance

On the other hand, replacement becomes the more practical option when an appliance is past its life expectancy, unreliable or inexpensive to begin with. This is because low priced appliances often achieve this price point through the use of thinner, less robust materials and minimal serviceability, this is where you see plastic welded parts instead of clips or screws. When these units fail, repairs tend to be either frequent or short lived. Cheaper appliances should expect several shortcoming including:

Shorter overall lifespan
Higher likelihood of repeat breakdown
Limited availability of replacement parts
Poor service documentation

In these cases, repair costs can quickly accumulate without the benefits of long term reliability. Replacing these appliances avoids recurring service calls as well as administrative overhead. Unfortunately, really high end appliances may also justify replacement under certain conditions. This is due to high end models often relying on proprietary electronics and specialized parts. These features can make repairs impractical for even DIY friendly landlords, while having expensive professional repair costs if the appliance is out of warranty. In these cases replacement may be more predictable and cost effective despite the higher initial expense, though this is usually limited to higher end luxury rental properties and isn't the norm.

Finally, if the appliance has reached or exceeded its typical service life, a replacement or upgrade is also advisable . Older units are more likely to fail unpredictably, and this can risk tenant dissatisfaction or emergency repairs caused by the failing appliance that may not have modern safety features such as internal surge protection in case of damaged wiring.

For landlords, the repair or replace decision should be driven by asset performance. Repair is justified when it extends the utility at a low cost while maintaining reliability. Replacement is a better choice when appliances are either cheap, too old, or too difficult or expensive to service. If you need help understanding which of your appliances fall under which category or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Common Appliances That Go Bad

Fri, 16 Jan 2026 19:19:44 GMT

Landlords will oftentimes provide tenants with appliances in order to have their rental stand out making it easier to find a tenant, while justifying higher rental price. Tenants may see this and be grateful which can lead to happy tenants , which leads to renewed leases, and a more consistent monthly income.

Below we’ve gathered the 3 most common appliances that go bad, and how to get ahead of them.

Garbage Disposal

Although garbage disposal units are generally robust machines, they are susceptible to misuse and time. Some of the most common ways a garbage disposal goes bad includes, your tenant putting the wrong items down it such as bones, grease, or stringy foods that jam the up the motor which can lead it to eventually break. Overheating caused by overuse can also damage the unit, this is caused when the garbage disposal is running for too long which can put enough stress on it to burn out, especially if it continues to jam. Over time, even if well taken care of connections, and seals my corrode, and once it leaks repairs are difficult and usually require a replacement.

Alternatively there can be electrical problems that may result in the garbage disposal unit shutting off. For example, in modern kitchens, the garbage disposal circuit is meant to be dedicated and used only by the garbage disposal. This means that if the breaker trips nothing else will turn off, this can happen even when not in use and a tenant may even assume it's broken.

Fridge and Stove

A new California law went into effect at the beginning of this year stating that for new, renewed or amended leases after the 1st of January will require most rental units to come with a working refrigerator and stove supplied by the landlord as part of basic habitability standards. This can affect your income in the short term though it's also an opportunity to gain good will by providing tenants with high quality appliances. This is because landlords will be responsible for maintaining and fixing these appliances, though this law does not apply retroactively to existing leases that are not renewed or amended after Jan 1, 2026.

The saying “you get what you pay for” is true for these appliances, since landlords will be responsible for repairs, replacements and responding for recalls within specific timeframes you should consider investing in quality products with either warranty or service and repairability in mind. While initially this may cost more, durable appliances tend to last longer, meaning you’ll likely need to repair or replace these items less frequently.

HVAC

While your HVAC may not go bad as common as a blender, it is a significantly expensive repair when they do. However they don't always need to be completely replaced. Many tenants will notice that it takes longer to cool or heat their homes, or perhaps the heat is fine while the air conditioning isn’t functioning properly. A tenant will likely state that their AC “went bad”. There are many components to the HVAC system and when one of them isn't working correctly , it can affect the entire system. Sometimes simply replacing the filters is enough to get the HVAC system working properly again, though sometimes you’ll need to bring in a professional to take a look. Sometimes it's as simple as flipping the beaker in the electrical panel, though this can also be a sign of other issues with the electrical system. This is why it's important not to defer repairs and to get someone to look at issues before they become incredibly expensive.

Sometimes the repair isn’t as involved as your tenant may expect, however it's important to respond quickly and not ignore your tenant even if it was a five minute fix. If you’re looking to invest in new appliances or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Lakewood, Cerritos, and Long Beach Are Ready for an ADU Boom

Fri, 09 Jan 2026 17:18:14 GMT

Lakewood, Cerritos, and Long Beach, CA, have been experiencing growing interest in accessory dwelling units (ADUs) as homeowners and investors look for new revenue through flexible housing solutions. This trend presents investors with an opportunity for supplemental income.

Today, we’re going to look at three ways to prepare for the ADU boom in Lakewood, Cerritos, and Long Beach, CA.

Rental Income

For those who currently rent out single-family homes, the addition of an ADU can provide the owners with a new source of income by introducing a second rent tied to the same parcel. Additionally, ADUs give homeowners the opportunity to dip their toes into being a landlord without purchasing a new property. This kind of diversification can be relevant for owners looking for consistent performance over time. This is because smaller units remain in demand even while the broader rental market changes.

ADUs are generally priced below the main residence, which is reflected in the size of the unit as well as the oftentimes simplified layout. However, they remain competitive when compared to apartments of similar size and layout. ADUs can sometimes attract long-term tenants who are focused on affordability and location rather than size and square footage. Although based on the size, location, and amenities provided to the tenants renting the ADU, the rent can be adjusted accordingly. This can lower overall turnover rates and increase the consistency of occupancy, which in the long run can improve your property’s financial stability.

Regulatory and Legal Compliance

Although an ADU is smaller than the primary home in a property, they are still recognized as legal residences; therefore, they fall under standard housing regulations. This can vary from city to city, meaning it's important to know your local laws and regulations. Alternatively, you can invest in a property management company and use their resources instead. Some examples include the size of an ADU, while in these three cities, a detached ADU can be up to 1,200 square feet in size; attached ADUs are different. Lakewood and Cerritos, CA allow for up to 1,000 square feet or up to 50% of the primary residence’s floor area, whichever is less, whereas Long Beach, CA can be up to 1,200 square feet as well.

Another example is owner occupancy requirements. In Lakewood, CA , under current ordinances for ADUs permitted on the first of January 2025, the property owner generally must live on the property, whether in the main home or the ADU. Although if the owner does not live on the property, both the main home and the ADU need to be rented to the same tenant. In contrast to Cerritos and Long Beach, CA, where there are no longer owner occupancy requirements.

Managing an ADU

Much like any other rental, maintenance is key to longevity. Although an ADU is smaller than the primary residence, it needs to be treated and maintained similarly to a single-family home . For owners who live in the primary residence, this is incredibly convenient as the proximity to the ADU means you can inspect and respond to maintenance requests much more quickly. More frequent inspections mean you can find issues while they’re still minor, and repair them before they become significantly more expensive.

Ensure to plan around the lifespan of the home systems in the ADU, such as plumbing, electric, HVAC, and even the roofing. These items have a finite lifespan, and it's important to plan for replacements or repairs in advance in order to prevent unexpected expenses. Deferred maintenance is a surefire way to negatively affect your bottom line. For example, a minor water leak around the kitchen sink can lead to water damage and, in severe cases, premature rotting of walls and flooring.

The new interest in ADUs offers an opportunity for extra income, as well as introducing homeowners to the r eal estate market . If you need help marketing your ADU or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Coastal Cities Primed for Rental Real Estate

Tue, 30 Dec 2025 18:03:11 GMT

Coastal rental properties in Southern California continue to attract strong tenant demand, stable appreciation, and long-term investment potential. Proximity to the beach, walkable neighborhoods, and access to major employment hubs make coastal cities especially appealing to renters willing to pay a premium. For many owners, understanding market dynamics is just as important as knowing how often you should shop for a property management company as your portfolio evolves.

For property owners and investors looking to enter or expand in coastal markets, these three cities stand out as particularly well-positioned for rental real estate success.

Long Beach, CA – Diverse Demand and Strong Rental Fundamentals

Long Beach remains one of the most dynamic rental markets in Southern California. With its mix of professionals, students, and families, the city offers consistent demand across a wide range of property types — from single-family homes to ADUs and small multifamily units.

Neighborhoods like Belmont Shore, Bixby Knolls, and Downtown Long Beach continue to attract tenants who value walkability, public transit, and coastal access. Many properties also sit on larger lots, making them ideal candidates for ADU development. If you’re considering adding a second unit, our article on what utilities should be shared with your ADU provides helpful guidance on avoiding future billing and tenant disputes.

Huntington Beach, CA – Premium Rents Near the Coast

Huntington Beach continues to command some of the highest rental rates in Orange County. Known for its surf culture, excellent schools, and coastal lifestyle, the city attracts high-quality tenants seeking long-term rentals close to the ocean.

While acquisition costs can be higher, rental income often offsets the initial investment. Inland neighborhoods such as Adams, Goldenwest, and parts of Huntington Harbour provide strong rental performance without the volatility of short-term vacation markets. Owners should also be prepared for higher operating costs, which we outline in top 3 rental property expenses that aren’t maintenance.

Seal Beach, CA – Limited Inventory, High Stability

Seal Beach offers something rare in Southern California: a small, tight-knit coastal community with limited rental inventory. This scarcity works in favor of property owners, keeping vacancy rates low and tenant retention high.

Renters here tend to be long-term, drawn by the quiet environment, charming downtown, and proximity to major employment centers. Because turnover is less frequent, staying ahead of repairs is critical. Our guide on the top 3 maintenance calls in Southern California highlights the most common issues coastal homeowners face.

Choosing the Right Coastal Investment

Each of these coastal cities offers distinct advantages. Long Beach provides flexibility and volume, Huntington Beach delivers premium rent potential, and Seal Beach offers stability and low vacancy. For owners weighing how hands-on they want to be, our post on do you need a Property Management Company for a single-family home helps clarify when professional support makes sense.

At Beach Cities Management, we specialize in helping coastal property owners maximize rental income while minimizing stress. If you’re ready to take the next step, call us today at (562) 888-0247 or complete our Owner Application online to get started.

Is Lakewood A Good Place for Rental Properties?

Thu, 25 Dec 2025 17:31:11 GMT

Lakewood CA was one of the first planned suburbs of the midcentury and retains that small town feel to this day. This is incredibly rare in LA county, which gives Lakewood unique qualities for rental properties and investment opportunities. Located close enough to major cities and beaches while far enough to experience peace and quiet, Lakewood can be a great place to invest in a rental property.

Today we’ll go over 3 different reasons as to why Lakewood CA could be the next city you invest in.

Above Average Rent

The first thing investors search for in a rental property is how much can be earned from the rent. Lakewood CA boasts an above average rent of around $2,200 when compared to the national average of around $1,750. This can provide a boost to profitability while covering rising operation costs such as maintenance, taxes and inflation. Naturally this may increase the property’s long term value which is an additional benefit. Furthermore higher rent prices tend to attract more financially stable tenants which can result in having longer term tenants with less issues and complaints.

Lakewood CA is far from an affordable city to invest in. However, rent in Lakewood CA has generally shown appreciation year over year. With the increases being roughly 1.7% meaning there is an expectation that rents may rise in the future.

Location

Lakewood CA is in a great location within Southern California. Although still within LA county, Lakewood sits far enough from the loud hustle and bustle from Los Angeles, while being thirty minutes away from amazing beaches such as Seal Beach, Long Beach and Huntington Beach . Being more inland, means Lakewood CA doesn’t have to deal with the additional maintenance that comes with properties in Beach cities caused by the increased humidity, salty air, and sand. Which can significantly increase the rate in which the home systems naturally wear and tear.

Though if its necessary to commute for work or visit one of the neighboring cities, there are many major freeways, and great public transit options allowing prospective tenants to easily travel to and from. This combined with the convenience of having a number of shopping centers, parks and amenities nearby makes Lakewood Ca highly desirable for prospective and attractive for investors.

Weather

Like most cities in Southern California, Lakewood has great weather year round. This means that it's a city with great appeal to prospective tenants who don't want to deal with extreme cold or extreme heat. As investors, this supplies you with a more broad pool of prospective tenants.

Moderate weather also lowers living costs for tenants as they don't need to use their heating or cooling excessively which reduces stress on the home systems. This means repairs and investments done to the rental should function well within the average lifespan. This can greatly reduce the overall costs of operations as less repairs and maintenance may be necessary though routine inspections should still be done.

Lakewood’s mild year round climate, great location and above average rent pricing makes it an amazing city in which to invest in a rental property. While there’s less maintenance when compared to beach cities, its important to protect your investment with regular and preventative maintenance. A f ull service property management company can be the help you need to handle the day to day operations efficiently. This can help owners maintain performance while ensuring the property continues to meet market standards. If you’re looking to invest in Lakewood CA or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

How To Market an ADU

Thu, 18 Dec 2025 16:00:52 GMT

Earning rental income every month is one of the biggest benefits of owning and renting out an accessory dwelling unit (ADU). However, keep in mind that there are some differences between marketing a single-family home and an ADU.

While many aspects remain the same, an ADU may need some specific changes. Below, we'll go over three ways to better market your ADU to maximize income.

Online Platforms

The majority of young prospective tenants look online for most of their solutions. This includes their rental inquiries. Listing your ADU on the most popular aggregate listing sites like Zillow or Apartments.com can increase visibility to prospective tenants when compared to simply putting up a sign or word of mouth. Listing on online platforms also allows you to showcase the rental with professional photos and videos. Additionally, you can include drone photos and video tours of the rental. This may increase the number of eyes looking at your rental since prospective tenants can get a gauge of the rental without needing to schedule a pre-lease walkthrough.

Remember that communication is key, and you'll have to be prepared to answer any questions about the rental promptly. Doing this can help build trust with the prospective tenant , as they won't feel ignored.

Social Media

Social media is an essential aspect of marketing nowadays. As it provides more visibility and targeted reach. Much like listing the rental on online platforms, Social media sites are a great place to upload videos, photos, too; however, you can also use them to spotlight locations, and highlight the local lifestyles and amenities in real time. You can take advantage of short-form videos to introduce viewers to the rental while piquing their curiosity and maybe leading them to view a longer video tour.

Once again, communication is an important part of marketing your ADU on social media. These platforms enable you to respond quickly to any questions potential renters may have, as well as build trust through engagement. It's important to be transparent and honest about any issues the rental has, as this will help with building trust, too.

Price Competitively

Understanding how to price your rental competitively is crucial to marketing your ADU. Since it's easy for renters to compare options with a tap of a screen, proper pricing ensures prospective tenants will find you within a fair price range. While getting the most out of your rental is what landlords desire, overpricing a rental can increase vacancy periods, which signify lost revenue. Although underpricing runs the risk of eroding the value of your rental, accurate pricing that balances demand, location, and amenities can accelerate lease decisions while stabilizing long-term cash flow for landlords and investors.

The rental unit itself is only the first part, emphasizing details such as the neighborhood and surroundings, such as shopping centers, schools, or parks. You may need to investigate and analyze the local rental market. Remember that while an ADU may be a standalone structure , it is typically priced closer to that of an apartment. Additional amenities such as a washer/dryer, private parking, and other appliances may shift the potential rental price within reason.

ADUs are a great way for homeowners to dip their toes into the role of a landlord without needing to invest in an entirely new property. That being said, it’s not as simple as collecting rent every month after finding your tenants. If you need a hand with marketing your ADU or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 Ways Beach Properties are Different for Management

Wed, 10 Dec 2025 22:06:32 GMT

Beach properties require a different approach to management when compared to inland cities due to their coastal environments and everything that comes with it. Understanding how beach properties differ helps investors anticipate challenges and proactively protect their investment.

Below, we’ve gathered five different ways beach properties are different for management.

Seasonal Population Swing

One of the primary reasons why tenants look for beach city rentals is also one of the reasons for their complaints. During the colder seasons, there generally aren't as many tourists when compared to summer. This increase in local activity increases foot traffic as well as automobile traffic. This increases the amount of noise and cars, reduces the amount of available parking, and tends to make running errands a bit of a handful. In order to alleviate some of these issues, it's important to have clear communication with your tenants about these complaints to allow your property management company to quickly respond to the complaint and resolve the issue promptly.

Investing in insulation to reduce outdoor sounds can lead to a positive living experience for prospective tenants. For example, thicker sound insulation and double pane windows not only reduce the sounds of noise, but they can additionally help maintain temperatures consistent within the rental. Likewise, the added foot traffic can hinder your tenant’s privacy. For this, you can install strategic landscaping to minimize curious eyes and improve your tenant’s stay .

Additional Wear and Tear

Although beach properties have many strategic benefits for investors, one thing to keep in mind is the additional wear and tear caused by the beach. The closer to the beach, the saltier the air is, generally speaking. This can accelerate corrosion on many outdoor metal fixtures and systems. To get ahead of this, more frequent inspections should be done for proactive maintenance . Outdoor appliances, metal railings, and the HVAC system generally have a shorter lifespan due to the salt exposure, causing corrosion and rust on the metal.

Preventative maintenance is essential in these cases instead of an option. Many of these systems and fixtures may seem to work just fine until they don’t. If this happens, it can result in necessary emergency repairs, which can be significantly more expensive than fixing or replacing items early. Investors should account for shorter lifespans of these items in their budgets in order to avoid expensive emergency repairs.

Sand intrusion

Similar to the salty air, sand intrusion is another way in which beach properties require different management. Sand tends to get everywhere, including inside the rental, from just walking around. Inside the rental, this can scratch the flooring and erode seals around door and window tracks. Outside the property, mechanical systems and outdoor items can be damaged. Such as furniture, decking, the roof, or, once again, the HVAC system. When sand gets into moving parts, it can slowly wear down plastics and metals, much like sandpaper. This does put a higher cleaning load for tenants when compared to rentals inland, though this also means that deeper cleaning becomes necessary during turnover periods. Keep this in mind, as ignoring the additional time needed to clean the sand can increase vacancy periods or damage the rental if left ignored.

Sun exposure

With the ocean on one end, it's difficult to ignore the sun beating down on rental properties in beach cities. Though the ultraviolet rays from the sun have a significantly greater effect on plastics, decking, and the roof, as well as any outdoor furniture and fabrics. This means that while asphalt shingle roofs generally have a lifespan of about twenty years on average, because of the sand, salt, and sun, the roof will likely need to be inspected regularly for leaks and damage after about twelve years. The rest of the exterior likely would require resealing and repainting more frequently than when compared to cities more inland.

Moisture management

Like most beach cities, there are higher levels of humidity you’ll have to account for. This means there's a higher risk of mold and mildew growing in the rental simply based on location. Additionally, this means that water intrusion can be far more problematic, as mold and mildew can cause breathing issues with tenants and, in extreme cases, the property can be deemed uninhabitable until the issue is dealt with.

This means during regular inspections, any minor leak on the roof or around doors and windows needs to be addressed as soon as possible. Letting moisture levels rise can result in extremely expensive repairs, tenant complaints , and long-term vacancies.

Beach rental properties present many opportunities to invest as well as unique challenges that require specialized management strategies. If you’re looking to invest in a new property or if you need help managing your current Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Ways Property Management Companies are Full Service

Fri, 05 Dec 2025 03:39:08 GMT

For many new or unprepared landlords, it doesn't take long before they realize having a rental property is more than just finding a tenant and collecting rent every month. Some landlords learn quickly or are handy with tools and can manage many of the responsibilities on their own. However, others opt for professional help from a property management company. Though not all property managers are created equal.

Today, we’ll go over three different ways a property management company is full-service.

Repair Coordination

A property management company should have a network of trusted vendors. Having these resources means a full-service property management company can not only handle maintenance and repairs quickly, but it may also be at a better price, as the vendors may have an existing contract with the property management company. This is particularly helpful if you don't have the connections to your own vendors and tradesmen. Additionally, property management companies can schedule and conduct follow-ups with both the vendor and the tenants.

Regular inspections of the property can prevent small issues from becoming expensive problems down the road. Full-service property managers should provide regular inspections of the rental property as well as a detailed report. Full-service property management companies should be available to both landlords and tenants even after hours. In the case of emergency repairs, such as a burst pipe, or a tenant is locked out of their unit, having a full-service property management company provides tenants with security, knowing help is accessible even at night.

Legal Resources

Ensuring tenants are following the lease agreement can be difficult to enforce for a single person, especially if you’ve invested in multiple units. Between unauthorized pets, neighbor complaints, and property damage, a full-service property management company can help to mitigate losses caused by unreliable tenants through regular inspections and communications with other tenants.

Problematic tenants can also result in the need for legal protection as well. A full-service property management company should be up to date on local and statewide landlord and tenant laws, which change often. Being unfamiliar with local laws can result in expensive legal costs . Having this additional resource protects investors while saving them the time needed to coordinate legal steps such as eviction procedures or deposit disputes.

Managing Turnover

Vacancies are the biggest loss to an investor; a full-service property management company can help minimize losses brought by vacancies quickly and efficiently. This can be done by providing high-quality listings using professional photos and videos to showcase the details of your rental unit. Not only should the listing have a comprehensive description, but drone footage and video tours make your rental property stand out to many prospective tenants. Advertising your rental on the top rental platforms maximizes visibility of your unit.

That being said, you don't want to rent your unit to the first person to call. A full-service property management company should have a thorough vetting process to ensure you’re getting the best possible tenant. Checking their background, credit, and rental history are some of the ways a tenant is chosen. The more in-depth the vetting process is, the higher the probability there is for you to find the right tenant. A good tenant means a long-term tenant, which means consistent rental income.

A property management company should be seen as an investment. An investment that provides a service, which is to save you time. You can then use this time to spend it with friends, family, or invest it in expanding your portfolio. If you’re looking for a new full-service property management company to help manage your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 3 Cities For Rentals In Orange County

Thu, 27 Nov 2025 05:25:31 GMT

The rental market in Orange County offers a different blend of economic stability, rental demand, and lifestyle appeal. However, not every city in Orange County is the right market to enter as a landlord. While they all seem to have a healthy rental market, each landlord’s case is different.

Today, we’ll go over the top three cities for rentals in Orange County for you to make the best-informed decision with your investment.

Irvine

Irvine is one of the more consistently stable rental markets in Southern California . Having a surprisingly diverse employment base for a city of this size, combined with major industries in technology and education, provides a reliable demand for rental housing regardless of the broader economic cycles. This makes Irvine potentially one of the safer markets for landlords seeking predictable occupancy.

Additionally, Irvine’s school system is regarded as one of the strongest in the state. It's been shown that many families intentionally move to Irvine to gain access to the public schools in the area, leading to more predictable residency periods and lower turnover rates. Many of these students then go on to be professionals in Irvine, further strengthening renters’ interests.

Irvine’s predictability translates directly into reduced vacancy risk, stronger rental rates, and fewer property management issues for landlords. Long-term, happy tenants tend to prioritize long-term stability, which typically results in a well-maintained rental unit. While the initial investment may be high, Irvine’s consistent performance gives landlords the confidence that their investment should remain competitive and desirable.

Costa Mesa

Costa Mesa blends urban convenience with coastal accessibility, making it a unique position in Orange County’s rental landscape. Costa Mesa offers an appealing lifestyle to a broad mix of tenants. Major employment locations such as South Coast Plaza, corporate campuses, and the airport area create a consistent flow of renters who value short commutes and walkability. Having this diversity of job access assists landlords in maintaining occupancy even during market fluctuations.

Costa Mesa’s community is also strong, entrepreneurial, and creative, which is supported by small independent businesses, restaurants, and flexible workspaces. This usually attracts younger professionals looking for long-term rentals who value cultural variety yet still want access to stability and the amenities associated with Southern California beach cities. Many of these tenants tend to appreciate well-located units and are willing to pay a premium for well-maintained and managed properties.

As a landlord in Costa Mesa, you can take advantage of durable tenant demand without the same price barrier seen in other coastal cities such as Newport, and Laguna Beach. Turnover can be moderated with good property management, although units near parks and shopping districts remain competitive.

Huntington Beach

One of Orange County’s most recognizable beach cities, Huntington Beach is known for its beaches, outdoor recreation, and steady influx of tourism. This reputation generates a consistent appeal for renters looking for a relaxed coastal lifestyle without moving into the more expensive luxury markets. Huntington Beach offers a variety of neighborhoods ranging from older beach cottages to modern townhomes and apartments, giving landlords flexibility when choosing a property to invest in.

Huntington Beach's demand for rentals is driven by a number of unique strengths. Its coastal proximity naturally stabilizes property values and supports healthy rental property pricing , as many renters have been shown to prioritize living near the ocean even during times of economic downturns. Huntington Beach’s tourism also provides strong local employment in the hospitality, retail, and public services. Altogether creates a broad tenant pool that balances long-term tenancy and working professionals.

For landlords, Costa Mesa has a unique ability to maintain occupancy through lifestyle appeal as well as a healthy tourist season.

Each city offers a different advantage, for landlords, these qualities translate into lower vacancy rates, steady rental income, and tenants who value their communities enough to renew their leases. If you’re looking to invest in an Orange County rental or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Do You Need a Property Management Company for a Single-Family Home?

Tue, 25 Nov 2025 05:32:27 GMT

Owning a single-family rental home in Southern California can be a great way to build wealth — but it also comes with responsibilities that can quickly feel overwhelming. From tenant screening to emergency repairs, managing even one property requires time, organization, and expertise.

Many owners ask the same question: Is it worth hiring a property management company if I only own one home? The answer depends on your goals, schedule, and comfort level with day-to-day operations. Let’s break down what to consider.

Tenant Screening and Lease Management

Finding reliable tenants is one of the most important parts of owning a rental. Even one bad tenant can lead to missed rent, property damage, or legal trouble. A professional management company uses proven screening processes, checks credit and background reports, and ensures your lease complies with California’s landlord-tenant laws.

For busy owners, this peace of mind is worth the cost alone. Our article on top 3 rental property expenses that aren’t maintenance covers the hidden financial risks that often come from inadequate tenant screening or lease preparation.

Handling Maintenance and Emergency Calls

No matter how new your property is, maintenance issues are inevitable. Whether it’s a plumbing leak or a broken AC unit in the middle of summer, having someone available 24/7 to respond keeps tenants happy and protects your investment.

At Beach Cities Management, we coordinate repairs with trusted local vendors — ensuring quality work and quick turnaround times. You can see the most common issues we handle in our post on the top 3 maintenance calls in Southern California .

And if your rental includes an ADU, utility coordination can get even more complex. Our guide on what utilities should be shared with your ADU explains how to avoid common pitfalls.

Compliance, Inspections, and Tenant Relations

Keeping up with California’s evolving housing laws can be challenging — especially for first-time landlords. Late fees, rent increases, and security deposit handling all come with specific regulations. Property management companies handle compliance, move-in and move-out inspections, and act as the communication point with tenants.

If you’re considering expanding your portfolio beyond one property, you might also benefit from reading how often you should shop for a property management company , which explains how to find the right long-term fit.

Is Hiring a Manager Worth It for One Home?

If your rental income easily covers expenses and you live nearby with time to manage tenant needs, you may choose to self-manage. But for most owners — especially those balancing full-time jobs or living out of the area — hiring a management company saves time, reduces stress, and helps protect your investment.

Before deciding, take a look at 3 cities in Orange County prime for rental properties to see where other local investors are thriving.

At Beach Cities Management, we specialize in helping single-property owners achieve peace of mind and predictable returns. If you’re ready to take a hands-off approach to your rental, call us today at (562) 888-0247 or complete our Owner Application online to get started.

5 Ways Southern California Is a Great Rental Market for Landlords

Thu, 20 Nov 2025 16:58:24 GMT

The rental market of Southern California continues to demonstrate stable performance characteristics driven by high demand. Landlords with existing properties in these markets benefit from conditions that limit volatility and support long-term rental income.

Today, we’ll analyze five areas in which Southern California is a great rental market for landlords.

High Demand

Southern California is an incredibly desirable market for both prospective tenants as well as investors. Unlike the rest of the country, in Southern California, there is an increase in need for housing as young professionals, students, and families grow or move. Household formation rates can contribute to the long-term acquisition of available units. This creates a high demand for rentals, which contributes to one of the ways Southern California being a great rental market for landlords.

Diverse Tenant Base

Southern California, as a region, has a tenant pool that spans a broad spectrum. This includes everything from students to retirees and everyone in between. This diversity in prospective tenants allows for nearly any size of rental property to succeed as an investment. While there's no way to eliminate vacancy rates, a diverse tenant base lowers vacancy risks and gives a flexible option for shorter leases, which allows owners to adapt to a changing market more easily. Well-structured leasing processes may position landlords to take advantage of broad-based demand. This supports consistent occupancy even when minor economic shifts occur.

Long Term Investment

Southern California presents long-term investment stability, which is supported by consistent appreciation trends as well as constrained housing supply. These characteristics produce an environment where rental assets tend to, at the very least, maintain value over long periods of time. For investors thinking about buying a rental property, Southern California’s underlying stability provides a significant foundation for predicting future performance with a reduced exposure to sudden market volatility. This predictability allows for clearer yield assessments while making long-term budgeting easier.

Available Data

The rental market in Southern California benefits from a significant amount of data. There is information about pricing patterns, neighborhood performance, tenant movement, as well as seasonal demand. This information helps investors make decisions based on measurable trends instead of guessing how the market is going to shift. This data makes it easier for landlords to evaluate whether it's time to adjust rent and identify early signs of shifting demands. The availability of consistent metrics can support clearer long-term planning for maintenance or lease renewal strategies. When combined with reliable day-to-day management practices, this data creates an environment where investors can respond to market shifts with greater confidence.

Long Term Tenancy

Many rental markets in Southern California show occupancy patterns characterized by long-term tenancy duration, creating a more predictable operational setting for property owners. It's been shown that when tenants find a comfortable home , they may renew their lease for many more years. This predictability provides investors with a steady cash flow. Naturally, this also reduces both vacancy and turnover rates. A stable tenant typically requires less frequent hands-on management, which can reduce overhead costs. Additionally, long-term tenants generally treat their rental with more care, meaning they’re more likely to contact the property manager for repairs as they begin to occur, instead of landlords discovering an ignored issue after the tenant moves.

Although each case is unique, and operational efficiency can improve your bottom line, the main drivers of stability are the broader economic trends in the region. If you’re looking to invest in Southern California or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

How Often Should You Reevaluate Your Property Management Company?

Thu, 13 Nov 2025 22:27:54 GMT

Investors should regularly assess the efficiency of their property management company; this isn't a new concept. However, some investors wait until there’s a significant variation in revenue before making any changes. To avoid this, investors should stay vigilant and proactive.

Today, we’ll go over how often an investor should evaluate their property management company .

Whenever Your Contract is Up

The obvious time to reevaluate your property management company is likely when your contract is up for renewal. Review the quality of services, financial reporting, tenant relationships, and maintenance execution. Compare their performance against contractual obligations as well as industry standards to ensure you’re getting what you paid for. If you have the time, consider speaking with tenants and reviewing past incident logs to evaluate whether the property management company remains aligned with your operational needs.

Reevaluating your property management company as your contract is up ensures they continue to meet or exceed expectations as market conditions and regulations change. This can help to prevent complacency and help to identify gaps in the operations before they affect your tenants or income.

Every Few Years

Even if you're satisfied with how well your property manager is dealing with your properties, it's a good idea to reassess your partnership with them every few years. This helps to ensure both you and your property manager’s goals are aligned. Even minor changes can shift the way you view your property management company. Reevaluating every few years can help to minimize the impact of these changes on your tenants.

Additionally, if your property management company has grown as well alongside you, you should reevaluate in case there are more services or operational support available. For example, if they've expanded their operational zone into an area you’ve been interested in.

Significant Changes to Your Portfolio

When you first hired a property management company, your portfolio may have looked different from what it is now. Some property management companies are better suited for smaller operations, such as an Accessory Dwelling Unit (ADU) or a duplex. If you decide to invest in a larger rental property with more units, the current company may not be able to manage the new load as efficiently as one with more resources. This is also true the other way around. Perhaps you've decided to downsize, and now you're investing in services you’re not taking advantage of.

Assess whether the current services still align with your updated mix of properties and the needs of your tenants. Be sure to review performance metrics and communication standards in order to make an informed decision in your reevaluation.

Sub Par Performance

California has many strict tenant laws and safety standards that must be met. Finding a property management company that can fulfill this need is crucial. Meaning you're better off with a property manager with strong compliance procedures and a history of satisfied clients and tenants.

You should consider reevaluating your property management company when signs of subpar performance appear. Keep an eye out for recurring maintenance delays, as this can not only upset your tenants, but it can also affect your property. Since deferred maintenance can quickly turn into expensive emergency repairs. Poor communication with both you and your tenants is another sign you should reevaluate. Slow responses and unclear updates show a decline in management performance; this can lead to higher vacancy and turnover rates, which can result in a notable financial loss.

Regularly reevaluating your property management company helps to maintain consistent performance and revenue. By addressing issues quickly as they arise, you can maintain operational stability and make informed decisions that may support long-term tenant satisfaction and consistent monthly income. If you feel it's time to reevaluate your current property manager or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 3 Maintenance Calls in Southern California

Thu, 06 Nov 2025 03:32:30 GMT

If you own a rental property in Southern California, you know that maintenance issues can come up at the most inconvenient times. From plumbing leaks to faulty air conditioning, quick response and proactive care make all the difference for both owners and tenants. Understanding which maintenance calls happen most often can help you prepare, budget, and keep your tenants happy.

Here are the three most common maintenance calls we see in Southern California — and how you can prevent them from turning into major headaches.

Plumbing Leaks and Clogged Drains

Few things cause more frustration than plumbing problems. Southern California’s older housing stock often includes aging pipes, water heaters, and fixtures that can develop leaks or clogs with little warning.

Tenants often report issues like dripping faucets, low water pressure, or clogged kitchen drains. These are more than just annoyances — left unchecked, they can cause costly water damage or mold. We always recommend scheduling regular inspections, especially if your property is over 20 years old.

For owners adding or managing an ADU, plumbing layout and utility sharing become even more important. Our post on what utilities should be shared with your ADU explains how to set up systems correctly from the start.

HVAC Issues — Especially During Heat Waves

Southern California enjoys a mild climate most of the year, but summer heat can quickly overwhelm older air conditioning systems. Many of the maintenance calls we receive between June and September involve AC units that stop cooling efficiently or fail altogether.

Routine HVAC maintenance — like replacing filters every three months and servicing the unit annually — can prevent most breakdowns. Property owners who skip these simple tasks often face emergency calls and higher repair bills.

Before you find yourself in that position, review our guide on the top 3 rental property expenses that aren’t maintenance to see how preventative care fits into your overall budget.

Electrical and Lighting Problems

Electrical issues are another frequent call for Southern California rentals, especially in properties built before the 1980s. Tripped breakers, flickering lights, or outlets that stop working are all common complaints.

Tenants may also overload circuits with high-energy appliances or space heaters. Upgrading panels or replacing outdated wiring can prevent these issues and reduce fire risks. If you’re unsure how to handle upgrades, partnering with a property management company can simplify the process — our post on should you have a property manager for one rental property explains how even single-property owners benefit from professional help.

Proactive Maintenance Pays Off

Responding quickly to tenant requests is important, but proactive maintenance saves money in the long run. Scheduling regular inspections, building relationships with reliable vendors, and setting clear expectations with tenants all go a long way toward avoiding emergencies.

If you’ve recently built or purchased a rental in the area, our article on how often you should shop for a property management company outlines how to find the right support team. And if you’re still exploring rental markets, you might enjoy 3 cities in Orange County prime for rental properties — a great guide for where to invest next.

At Beach Cities Management, we specialize in keeping your property running smoothly — from tenant screening to full-service maintenance coordination. If you’re ready to take the stress out of managing repairs, call us today at (562) 888-0247 or complete our Owner Application online to get started.

3 Challenges for Rental Properties in Huntington Beach

Thu, 30 Oct 2025 02:42:00 GMT

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3 Cities in Orange County Prime for Rental Properties

Thu, 23 Oct 2025 13:38:26 GMT

If you’re thinking about buying or converting a property to generate rental income, Orange County offers several great opportunities. Whether you’re an experienced investor or a homeowner adding an ADU, knowing which cities attract reliable tenants and sustain strong rental demand can make all the difference. Let’s look at three cities that stand out for their rental potential right now.

Costa Mesa – Central Location and Strong Tenant Demand

Costa Mesa continues to be one of the most desirable rental markets in Orange County. Its proximity to the beach, shopping centers like South Coast Plaza, and major employers in Irvine and Newport Beach makes it a magnet for professionals and young families.

The city’s mix of older single-family homes and newer multi-unit developments creates a range of investment options. Rental properties near The Lab, The Camp, and the 17th Street corridor often lease quickly and at premium rates. For ADU owners, the demand for smaller, modern units remains high—particularly among tenants looking for affordable alternatives close to coastal amenities. You can learn more about this in our post on what utilities should be shared with your ADU .

Fullerton – A College Town with Consistent Returns

Home to California State University, Fullerton offers a steady stream of tenants year-round. Investors here benefit from consistent demand from students, staff, and families drawn to the area’s schools and suburban feel.

Neighborhoods near downtown Fullerton, especially those close to transit lines, are ideal for rental properties. The city’s historic homes and mid-century properties often include large lots, giving owners the flexibility to add ADUs or renovate for multi-unit potential. Rents have grown steadily in recent years, supported by the city’s vibrant nightlife, parks, and commuter access to both Los Angeles and central Orange County. Before expanding your portfolio, check out our insights on the top 3 rental property expenses that aren’t maintenance .

Huntington Beach – High Rent Potential Near the Coast

Known for its surf culture and beautiful coastline, Huntington Beach continues to attract high-income tenants seeking coastal living. While purchase prices here can be higher, rental income and appreciation potential often justify the investment.

Long-term rentals and ADUs are especially in demand in the quieter inland neighborhoods like Huntington Harbour, Adams, and Goldenwest. These areas offer easy access to the beach without the constant tourist activity. With steady population growth and limited new rental inventory, vacancy rates remain low and rents remain among the strongest in the region. Property owners here often benefit from hiring professional help — see our blog on you should have a property manager for one rental propert y for perspective.

Final Thoughts

Each of these cities offers unique advantages depending on your investment goals. Costa Mesa brings convenience and modern appeal, Fullerton provides consistency and affordability, and Huntington Beach delivers premium rent potential along the coast.

If you’re considering adding a rental property or ADU in Orange County, choosing the right location is the first step toward long-term success.

At Beach Cities Management, we specialize in helping property owners maximize their returns while minimizing stress. If you’re ready to explore your options, call us today at (562) 888-0247 or complete our Owner Application online to get started.

5 Qualities To Look For In a Rental Property

Thu, 16 Oct 2025 13:13:02 GMT

There are many characteristics landlords need to evaluate when selecting a rental property. Some factors, such as reasonable pricing, well-maintained, and a quality build, are considered basic requirements and form a good foundation for what to keep an eye out for. However, there are qualities that can make a rental more desirable to prospective tenants.

Today, we’ve gathered five examples of qualities to look for when hunting for an investment property.

Location

There is incredible information to gather about the location of the rental property. The location remains one of the most influential factors in determining a property’s success as a rental. Properties located in desirable neighborhoods with parks, schools, and shopping centers nearby attract more prospective tenants and oftentimes command higher rents. The presence of these amenities may increase the demand for rentals while decreasing the likelihood of extended vacancy periods.

Additionally, it's a good idea to investigate the surrounding areas to determine if there are low vacancy rates or if there is a stable rental demand. A well-located property reduces turnovers, provides reliable income while supporting long-term appreciation.

Low Maintenance Requirements

Costs associated with maintenance obligations can significantly affect a landlord’s operational costs. Properties that need minimal upkeep are generally seen as more efficient to manage when compared to more elaborate properties. Properties with minimal maintenance generally result in fewer complaints from tenants . Simple landscaping, such as drought-resistant lawns and native plants, minimizes the amount of time and resources needed to care for the exterior of the property.

Maintenance is more than just the exterior; interior features such as hardwood or tile flooring are preferable to carpeting. This is because carpeting is less durable and more difficult to clean in the case of liquid damage. While you can remodel the rental to require lower maintenance, by selecting a property that already has these characteristics, landlords can reduce long-term repair costs and streamline management operations. This is also a benefit to tenants, as it's easier to keep their home clean, which can contribute to tenant satisfaction and retention.

Modern Systems and Infrastructure

The condition of a rental property’s internal systems also plays a large role in its overall functionality. Up-to-date HVAC systems help to ensure consistent comfort for your tenants . HVAC systems have, on average, a lifespan of fifteen to twenty-five years. Knowing the age of this system can help determine further costs down the line. An up-to-date electrical system helps to support the power demands of modern tenants. Although many electronics have become more efficient, the demand for power has never been greater. An older system not only limits the amount of power available to the tenant, but it can pose a safety risk, as old wiring can lead to electrical fires. As for the plumbing, older pipes may be at risk of leaking or have water pressure issues. This means that properties with newer systems in place are less likely to require costly upgrades after you purchase them.

Curb Appeal

You only get one first impression, and the same is true for a property. The exterior appearance strongly influences what tenants think about your rental at a glance, as well as its marketability. Curb appeal encompasses all the visible elements of the property’s exterior, including the condition of the paint, the landscaping, windows, doors, and overall quality. Rental properties that appear neglected tend to deter potential tenants, which can result in longer vacancy periods. A clean and visually appealing exterior signals to prospective tenants that the property is well-maintained and the management is attentive. Lighting and fencing also play a role in shaping the property’s appeal.

Energy Efficient Home

Energy-efficient properties are mutually beneficial to both landlords and tenants. Insulation, double-pane windows, and energy-efficient appliances help to regulate indoor temperatures during the hot seasons while reducing utility expenses . These features are especially valuable during summer as the tenant remains comfortable while the HVAC system needs to work less hard to reach desired temperatures.

Smart home technologies such as programmable thermostats, smart lighting, and keyless entry can further increase the property’s appeal to modern or young renters. These features may justify higher rental rates and enhance the property’s competitiveness in the market.

By evaluating these characteristics, landlords can make a more informed decision about purchasing a property. Each factor contributes to the long-term success of a rental property. If you’re looking for other qualities to look for when buying a new investment property or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Should You Have A Property Manager for One Rental Property?

Thu, 09 Oct 2025 18:08:04 GMT

Owning a single rental property can be both rewarding and stressful. While some landlords prefer to handle every responsibility on their own, others consider hiring help to streamline the process. Whether you should have a property manager for a single property depends on your time, experience, and long-term goals. We’ve gathered four key considerations to help you make an informed decision.

Maintenance

As a landlord, your level of handiness can significantly influence whether hiring a property manager is necessary or not. If you have experience with basic maintenance such as fixing leaks, patching drywall, or painting, you could save money and deal with the simple repairs. This hands-on approach is even more practical if you live near your rental property, or your rental is in an accessory dwelling unit (ADU) where quick fixes are convenient. That being said, there are many issues a property can have. If you lack the time, tools, and knowledge to handle all the maintenance efficiently, being able to rely on a property manager helps to ensure repairs are completed quickly and to a high standard. Being able to handle repairs can help to keep tenants happy , which can result in a renewed lease and ultimately benefit your bottom line.

Communication

At a glance, having a single rental property may seem as though you’ll only need to communicate with the leaseholder. However, this may not be as simple. Especially during emergencies or disputes, dealing with a tenant can be stressful. A property manager can help by handling the issue professionally and maintaining a positive relationship with the tenant.

As a landlord, you never really know when your tenant will contact you; having a property manager as a buffer can be beneficial. This is especially true if you prefer not to have an evening interrupted by a late-night maintenance call or complaint from your tenant . Though if you’re committed to being available for your tenants, have excellent communication skills, and are a cooperative tenant, then directly managing your own rental can be approachable.

Legal Resources

Property managers bring with them professional experience in more than just maintenance and collecting rent . They’re experienced in tenant relations, local laws, and regulations. You can use their resources to help you avoid expensive mistakes such as improper notices, security deposit disputes, and eviction proceedings. For newer landlords who are unfamiliar with all necessary legal requirements, this expertise can provide you with peace of mind. Though if you’re already knowledgeable in this subject, you can take advantage of their ability to pool their resources for your particular case.

The Value of Time

Managing only one rental property requires a significant investment of time and attention. Tasks such as marketing the rental unit, vetting prospective tenants, dealing with `ce requests, and enforcing lease conditions can add up quickly. If you’re not prepared for each responsibility, it can take significant time to learn and properly perform these tasks. While tasks like maintenance can be done by landlords who are handy and do it themselves, for larger repairs such as plumbing or electrical, you’ll need to hire a professional.

A property management company can save time and potentially money by taking over these responsibilities with its resources and vendors. This makes property managers an investment rather than a cost. Additionally, consider emergency repairs; emergencies can happen on any day and at any time, which makes it difficult to make long-term plans. A property manager should be available 24/7 for such cases and be able to handle the repair promptly.

Depending on your situation, whether or not to hire a property manager, if you value convenience, professional oversight, and peace of mind, a property manager can be worth the investment. If you’re interested in what we can provide or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 3 Rental Property Expenses That Aren't Maintenance

Thu, 02 Oct 2025 13:31:50 GMT

Landlords looking for efficient rental property management need a clear understanding of expenses other than those associated with routine maintenance and repairs. While the repairs and general maintenance help to preserve the condition and curb appeal of the rental, there are other costs that play an equally important role in maintaining a profitable rental unit.

Below we’ve gathered three non-maintenance expenses that contribute to the costs of managing a rental property, and why it is important to budget accordingly with them in mind.

Essential Utilities

Utilities are a necessary expense for rental properties after a new vacancy, while not necessarily being a form of maintenance. As a landlord, it’s your responsibility to keep essential services such as water, electricity, gas, and trash collection available to the prospective tenants viewing the rental. These expenses typically occur after a tenant moves out, and you have to ensure the unit is presentable for marketing. Utilities simply keep the unit functioning day to day; many landlords will continue to pay for some or all of the utilities after a new tenant is found as a strategic move.

In general, most landlords will continue to pay for water and waste management even when a vacancy has been filled. Though some landlords choose to include all utilities in the rent. Depending on your area, this can be a great way to attract tenants looking to simplify their expenses. By offering convenience that appeals to tenants, it can help to justify asking for a higher rent. It's important to budget utilities as a recurring operational cost distinct from maintenance or repairs, especially if the utilities are included in the rental rates.

Advertising and Marketing

Another expense is advertising and marketing, as it's crucial for filling a vacancy. It's important to provide professional-quality photos in your listing. The more details you show in your listing, the better opinion a prospective tenant will have about your listing. A better way to show details is with a video tour of the unit to show off the property to prospective tenants. Additionally, in recent years, it has become popular to take drone photos and videos for your listing. Remember to use the most popular platforms to ensure visibility in such a competitive rental market.

The market is also changing constantly, meaning it's important to assess your rentals and adjust your listing accordingly. This can be done by investigating the costs of rentals similar to yours to ensure you’re also competitive. Unlike costs associated with maintenance , advertising costs support potential income generation by keeping vacancy periods low.

Vacancy Costs

Income loss from vacancies is an unavoidable rental property expense, even on the most successful rentals. When a unit sits empty, landlords can not only lose rental income, but they will also typically pay utilities, insurance, and taxes associated with the rental. These costs don't directly affect the property; it's simply a part of the process of downtime between tenants.

Managing your vacancies efficiently is important to maximizing your returns. While not unavoidable in their totality, you can reduce vacancy costs by ensuring your tenants are satisfied and comfortable.

While not part of the maintenance budget, utilities, advertising, and vacancy costs should be recognized as part of normal operations. Keeping these costs in mind helps to properly budget and provides a more precise understanding of how your property is performing. If you need help filling vacancies or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

How to Vet a Property Management Company

Sun, 28 Sep 2025 14:23:34 GMT

Choosing the right property management company is one of the most important decisions you’ll make as a rental property owner. A good manager can help you maximize returns, keep your property in great shape, and ensure your tenants are happy. On the other hand, the wrong company can lead to unnecessary expenses, poor communication, and stressful landlord experiences. So how do you make sure you’re hiring the right team? Here are some key steps to vetting a property management company.

Look at Experience and Local Knowledge

Property management isn’t one-size-fits-all. Rules, rental trends, and tenant expectations vary from city to city. That’s why you’ll want a company with proven experience in your specific area. For example, Orange County has its own rental market dynamics, from coastal cities like Huntington Beach to suburban areas like Westminster or Garden Grove. A manager who understands local rent rates, neighborhood demand, and city regulations will be far more effective than a company that treats every property the same.

Review Services and Systems

Not all property management companies offer the same services. Some only handle rent collection, while others provide full-service management that includes marketing, tenant screening, maintenance, inspections, and compliance with California rental laws. Ask for a breakdown of their services and make sure they align with your needs.

It’s also smart to ask about their systems. Do they use an online portal for owners and tenants? How quickly do they respond to maintenance requests? Efficient systems usually mean smoother operations for you and your renters.

Ask About Tenant Screening

Finding quality tenants is one of the biggest responsibilities of a property manager. Ask about the company’s screening process: Do they run credit checks, verify employment, and contact previous landlords? A thorough tenant screening process protects you from costly evictions, property damage, and long vacancy periods.

Check Reviews and References

Online reviews can reveal a lot about how a company treats both owners and tenants. Look for consistent feedback across Google, Yelp, and property management platforms. Positive reviews from tenants can be just as telling as those from landlords—they show the company is professional and responsive on all sides.

Don’t hesitate to ask for references from other property owners they manage. Speaking directly to another landlord can give you honest insights into what it’s like to work with that company day-to-day.

Understand Fees and Contracts

Property management fees vary, but the cheapest option isn’t always the best. Compare pricing structures—some companies charge a flat monthly fee, while others take a percentage of rent collected. Make sure you understand what’s included in the fee and what might cost extra, like leasing fees or maintenance markups.

Always read the management agreement carefully. Look for transparency around cancellation policies, responsibilities, and communication standards.

Final Thoughts

Vetting a property management company takes a little time, but it’s worth it. The right team can increase your property’s profitability, reduce headaches, and give you peace of mind knowing your investment is in good hands. By checking their experience, services, tenant screening process, reviews, and contracts, you’ll be well on your way to finding a partner you can trust.

Is It Worth Building an ADU in Orange County?

Thu, 25 Sep 2025 14:09:19 GMT

If you own property in Orange County, you’ve probably heard the buzz around accessory dwelling units (ADUs). These “bonus homes” are small secondary units on the same lot as a primary home—and they’re drawing interest from homeowners, real estate investors, and local planners alike. But is building an ADU in Orange County really worth it? Let’s break it down.

The Upside: Income, Equity, and Flexibility

One of the strongest arguments for building an ADU is the additional revenue stream. Given the ongoing housing shortage and strong rental demand in Orange County, a well-designed ADU can command a premium monthly rent. That means you can offset your mortgage, cover maintenance, or improve your cash flow.

Beyond recurring income, an ADU often increases the overall equity and resale value of your property. Buyers often see them as a desirable feature—especially for multi-generation families or investors. That “extra home” adds functional square footage, and in many cases, buyers are willing to pay for the versatility it offers.

Because ADUs are flexible, you can use them for family (in-laws, adult children), as short-term or long-term rentals, or even home office / creative studio space. That flexibility gives you options over time—not just investment yield.

The Costs & Challenges You Can’t Ignore

That said, building an ADU isn’t easy or cheap. In Orange County, you’ll face high construction costs, permit fees, and regulatory hurdles. Materials, labor, and utility hookups can add up fast—especially in jurisdictions with strict building codes or fire safety requirements.

Local cities may impose impact fees, infrastructure upgrades (e.g., sewer, drainage), and design restrictions. You’ll also need to ensure compliance with zoning, setbacks, and parking rules. All of this takes time and effort. Delays can add months (or more) to your timeline, and those costs erode returns.

Maintenance over time—roofing, plumbing, HVAC, repairs—must be accounted for too. And of course, there’s the possibility of vacancy or tenant turnover.

Return on Investment: What to Expect

To decide if it’s worth it, your numbers have to make sense. In many pockets of Orange County—especially closer to job centers, transit, and amenities—ADUs can deliver a solid return on investment (ROI). Some homeowners see payback in 10–15 years (or faster, if rental rates are strong). In lower-rented areas or neighborhoods with stricter restrictions, the ROI might be less compelling.

A good rule of thumb: estimate your total build cost (construction, permitting, utilities, landscaping, and soft costs). Then compare that to projected net rental income (after operating costs), factoring in vacancy and maintenance. If the internal rate of return (IRR) or cash-on-cash return meets your investment threshold, go for it.

When It Might Not Be Worth It

If your lot is small, steep, or has a tricky footprint, construction costs can balloon. In parts of Orange County where rents are modest or demand is soft, rental income might not justify the upfront expense. If local regulations are especially restrictive (e.g,. historic districts, coastal zones), the permitting and design challenges might undermine your upside.

It’s also worth noting that if you’re building primarily for resale, the value buyers place on ADUs can vary. Some buyers won’t value them as much, especially if they perceive maintenance risk or regulatory complications.

Final Word: It Depends—but Often Yes

In many cases, building an ADU in Orange County can be a smart move—provided your numbers work and your site is feasible. The potential to generate a steady income, increase property value, and offer flexibility is compelling. But you can’t ignore the costs, regulations, and risks.

If you’re considering it, run a detailed cost-benefit analysis, speak with local architects or ADU specialists in your city, and check zoning early. The upside can be very real—but success depends on planning, execution, and location.

3 Common Challenges When Building an ADU

Thu, 18 Sep 2025 13:33:24 GMT

Accessory Dwelling Units (ADUs) have gained popularity as homeowners and investors look for ways to create additional rental income . Though when building an ADU, homeowners often encounter a number of challenges that can delay the project, which can, in turn, inflate the costs.

Today, we’ll help you understand three of the most common challenges when building an ADU and how to better prepare for the project.

Managing Projects and Cost

One of the primary challenges when it comes to building an ADU is the cost. While significantly less than buying a new investment property, building an ADU requires a steep investment. Even with a clear budget in place, unexpected issues are known to slow down projects and quickly push expenses beyond the original estimates. Some of the most common delays include getting permits approved, disruption in the supply chain, or unanticipated site conditions such as grading or issues with utilities.

Another factor that comes into play is scope creep. This is most commonly seen when minor changes that are “nice to have” accumulate far past the original plan. This raises costs, extends timelines, and in some cases conflicts with scheduled progress. It's common for homeowners to underestimate how even minor changes like upgrading finishes can significantly impact the final costs. Homeowners who actively monitor the progress of the build and maintain clear communication with the contractors help to avoid cost overruns.

Design and Layout

Designing the layout of an ADU presents challenges as well as unique opportunities that can directly affect the functionality and appeal of the unit. Since the space is limited to between 800 and 1,200 square feet, depending on the size of the primary residence, every square foot needs to have a purpose.

Smaller ADUs and Jr. ADUs can quickly feel cluttered and cramped, meaning it's important to incorporate plenty of storage solutions. Strategically placing windows can help to make a space larger and brighter while providing natural light. For this reason, many ADUs have open floor plans as they reduce wasted hallway space.

A carefully planned layout can also improve tenant appeal. If you’re looking for tenants with small families, consider two smaller rooms and two bathrooms with an open living and kitchen. Alternatively, a single-bedroom ADU can attract those who prioritize a quiet and private space to work from home.

Utility Connections

Connecting utilities can be a potentially expensive step when building an ADU. Homeowners generally face two options. Either s haring the utilities with the primary residence or setting up separate meters and connections for the ADU. Each option has its benefits and trade-offs worth considering. The main utilities we’re talking about are power, water, and gas. Waste management is typically done per property and not per unit.

Using the primary home’s existing connections is usually the simpler and affordable option upfront. You avoid the costs involved with installing new meters for the water, gas, and power, which can cost thousands, and take weeks for permit approvals. However, this means that you’ll have to either include the utilities in the rent. Water and electricity can have submeters installed down the line, though this is less common for gas.

On the other hand, installing separate utility meters provides the ADU with independence and separates the rent from their bills. This is more appealing for landlords who prefer to keep responsibilities separate. Though the higher upfront costs and longer permit timelines can deter homeowners and instead opt for the quicker option.

Building an ADU can be a rewarding investment offering rental income and increased property value. Although there are many challenges that can complicate your build if not dealt with early. If you need help marketing your ADU , or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

How Often Should You Shop For a Property Management Company?

Thu, 11 Sep 2025 15:02:59 GMT

Hiring a property management company should be seen as an investment. An investment that can provide you with peace of mind and extra time to work on expanding your portfolio or spend time doing what you love. This doesn't mean that you’ll always use the same property management company forever. As your needs and the market change, you’ll need to regularly assess your property management company to ensure you’re getting everything you still need.

Today, we’ll go over why and how often you should shop for a new property management company.

Performance Decline

One of the early signs that your property management company is no longer the right fit for your needs comes when you notice a decline in performance. As you grow your portfolio, you’ll increase the number of units that need attention. If vacancies are increasing over what the market or local neighborhood average depicts, then your current property management company may need to assess your rental prices and market the units effectively. Signs can also be seen on the property in the form of deferred maintenance or slow responses. Delayed repairs can cause tenants to complain more frequently about recurring issues. This can harm both your property and your relationship with your tenants. Keeping tenants happy is crucial for maximizing profits.

If you or your tenants reach out and can't communicate with your property management company in a timely fashion, or when reports and updates are slow, these are signs that you may need to shop for a new property management company. Tenant satisfaction generally falls when communication is poor; this can increase turnover rates, which results in longer vacancy periods, ultimately negatively affecting your bottom line.

Major Portfolio Changes

For landlords only renting one or two units, the load on a property management company isn’t incredibly taxing. However, if you’ve expanded your portfolio and now have multiple properties or multiple units, some property management companies may not have the expertise to manage these changes. More units imply more maintenance calls, tenant issues, and leases to manage. As well as more inspections and legal matters to deal with. If your new investment property isn't local, you’ll want a property manager who has experience with the local laws where your new properties are located.

California has many strict tenant laws and safety standards that must be met. With more units, the potential of missing something increases. Therefore, it's important to take this opportunity to ensure you hire a property management company with strong compliance procedures, that performs regular inspections of the property, and has a good history of satisfied clients and tenants.

Every Few Years

Even if there are no significant issues with your current property management company, it's good practice to formally reassess your relationship with them every two to three years. This helps to ensure the property management company and your goals are aligned in this changing market. If you’ve made recent changes to your portfolio, compare your current fees with competing companies for a better deal. As the market changes and evolves, your property management company needs to be able to keep up. This may include an online presence, tenant portals, an automated rent collection system , and vendor management software to ensure your property is always taken care of.

Rent prices, tenant expectations, local laws, and competition may change the dynamic of your rental property. You need to make sure your property management company is able to adapt.

Waiting until things go wrong can be incredibly expensive. Being proactive and evaluating your property management company when major changes happen, or just to make sure they can keep up, is a great way to protect your investment and maximize returns. If any of these situations occur or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

What Utilities Should be Shared With Your ADU?

Tue, 02 Sep 2025 03:38:13 GMT

When building an ADU, one of the most important considerations involves determining which utilities you’ll want to share with the primary house. This decision generally will depend on local regulations, investment costs, and long-term plans for the property. Many prospective tenants see shared utilities as a benefit, and when done right, they can help to keep tenants happy in the long run. Some utilities, such as trash and recycling, are tied to the property rather than the individual housing units, which makes sharing the utility easier. However, not every utility is the same.

Today, we’ll go over the common utilities that are shared with ADUs as well as tips on how to manage sharing said utilities among both units.

Water

Water is among the most commonly shared utilities between ADUs and primary residences. Typically, this needs less construction work than installing an entirely new connection, which can reduce the upfront costs and may simplify the process of permits in Southern California. If at some point the expense becomes too much, or there are other issues involved with sharing water with your ADU, you can consider installing sub-meters, which can track the usage of the water.

Electric

Similar to water, electricity is another utility that can be shared between the main home and the ADU. Homeowners often choose to maintain a single electrical meter for both units, as it reduces installation costs and eliminates the need for a new service connection, which can delay a building project. In situations where billing separation is necessary, electrical sub-metering can be added to measure how much power the ADU is consuming without fully opening a new utility account with the electric company. This approach provides a middle ground between costs and savings, though it may require extra work to calculate expenses.

Natural Gas

Since most homes use gas for heating, cooking, and hot water, it's possible to extend an existing gas line to the ADU, saving money by not installing a new meter. Unlike electric and water, sub-metering of gas is less common. Homeowners need to weigh the long-term benefits and implications before opting to share this utility.

Internet Access

Internet access has become increasingly more necessary for day-to-day activities. Luckily, it's relatively easy to share, needing Wi-Fi extenders in most cases. This solution is simple and cost-effective. Additionally, if you’ve installed smart home technology in the ADU, internet access is a must. Security measures such as guest networks can help maintain privacy between the primary home and the ADU.

Managing Shared Utilities

For landlords looking to share utilities between the main home and the ADU, there are a few practical steps that can help manage the costs and prevent future issues with your tenants. The aforementioned sub-metering for water and power can provide accurate use data for the ADU without the need for separate service lines. You can use this to adjust the utility costs to your tenant based on how much they spend, or set a flat rate with the usage in mind. Property management companies can take care of these clauses in the lease agreement.

Lease agreements need to clearly outline the utility arrangements, as well as how they can be changed when renting the ADU. Landlords need to specify whether utilities are included in the rent or billed separately based on the sub-meter data. Having this information clearly stated on the lease agreement reduces the likelihood of disputes with your tenants in the future.

Deciding whether to share utilities for an ADU depends on costs, property layout, and long-term goals. While sharing utilities can reduce initial expenses, assessing usage needs and local regulations ensures the most practical utility setup for both units. If you have questions about sharing utilities with your tenants or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

The 3 Most Common Problems Tenants Have

Fri, 29 Aug 2025 21:40:15 GMT

Maintenance and Repairs

Issues involving maintenance and repairs are some of the most frequently reported problems tenants have. This oftentimes falls under three different categories: routine maintenance, emergency repairs, and promptness to repair requests.

Tenants generally expect repairs to be handled in a professional and timely manner. The longer a repair request is ignored, the more it affects tenant satisfaction . For a tenant, a slow repair shows them a lack of care, as it can reduce their comfort while disrupting their daily lives, depending on the severity of the issue. In some cases, these conditions can be deemed unsafe; over time, this can create the perception that the rental is poorly managed and the landlord only cares about collecting rent. This opinion is one of the biggest motivators for tenants to move out, increasing vacancy rates.

As a landlord, it's in your best interest to be prompt with repair requests. Not only are you satisfying your tenant’s needs, you’re also protecting your investment. Deferred maintenance can not only drive tenants away from your rental, but can also significantly increase the repair costs later down the road. For example, a small kitchen faucet leak, if left ignored, can result in major water damage, which may require a fix to the plumbing as well as replacing countertops and cabinets if the water damage is severe.

Communication

Poor communication with landlords or property managers is another common problem tenants have. Communication needs to be concise and consistent, as poor communication can lead to misunderstandings and frustration for all parties involved. Some examples include tenants not receiving updates on their repair requests, uncertainty involving lease renewals, or being informed about changes to the property rules last minute. This can leave tenants feeling that their complaints and requests are being ignored altogether, which creates a sense of neglect.

In order to avoid this, it's good practice for landlords to establish consistent channels for tenant communication . Whether through an online portal, email, or property management application. Even if it may take some time for the issue to be resolved, it's important to acknowledge the request quickly. Having consistent communication with tenants reduces the sense of frustration and helps foster trust in the landlord-tenant relationship.

Property Conditions

The property conditions can affect the comfort of the tenant; these problems include a variety of issues that can affect day-to-day living. Some examples include the aforementioned delays on repair requests, though it encompasses pest infestations, noise complaints from neighbors, or poor cooling during summer months , and inadequate heating during winter months.

Tenants have an expectation when they agree to rent your property, and when it falls short of these expectations, some tenants will consider alternatives. Pests and poor climate control may be tolerated temporarily, though over time these conditions can reduce your tenant’s satisfaction, which can lead them to decide not to renew their lease. This not only cuts off monthly income, but it requires you to invest in repairing and fixing the unit in preparation for filling the vacancy, which can take months to recover from. Landlords who fail to maintain property conditions can also face damage to their reputation. Negative reviews and word-of-mouth complaints can significantly affect the interest from prospective tenants , creating a higher marketing cost and longer vacancy period. Addressing property conditions consistently, landlords can increase tenant retention while preserving the value of their investment property.

The solution to many of the problems tenants have involves being consistent and communicating properly. By addressing these issues systematically, landlords can reduce tenant dissatisfaction, minimize turnover rates, and improve their rental property’s performance. If you need help with dissatisfied tenants or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

What is a Full Service Property Management Company?

Tue, 26 Aug 2025 21:30:36 GMT

Managing your rental property can be done by some landlords, especially those who are handy. However, there's more to managing a rental than just maintenance and collecting rent. A f ull-service property management company has the resources to handle all the other nuanced obligations that come with having a rental property.

Below, we’ve broken down what a full-service property management company is and what you should expect when investing in one.

Tenant Management

Full-service property management companies can help to fill your vacancies by marketing your rental across multiple platforms. Using high-quality photos, video tours, drone shots, and listing the rental on popular sites helps to get more eyes on your rental. Once the property is listed, they handle tenant screening by checking the prospective tenant’s background, credit history, rental history, and employment verification. This is a crucial step as prolonged vacancies can significantly affect your bottom line. If your rental is an Accessory Dwelling Unit on the property, screening prospective tenants is even more important, as you’ll likely share more time with them as neighbors. Once a qualified tenant has been selected, a full-service property management company should produce a legally compliant lease agreement, collect rent from the tenant, oversee lease renewals, and manage legal issues whenever they arise.

Financial Oversight

As previously stated, property management companies collect rent using a variety of choices, from dedicated rent collection applications to online portals. This allows landlords to collect monthly income more consistently while enforcing late fees and providing detailed financial reports. These reports break down income and expenses, which help you understand the overall health of your rental property.

Additionally, many property management companies use accounting tools that allow landlords to monitor their cash flow in detail, which can be beneficial for those with a diverse portfolio. They provide landlords with the data needed to identify trends and make adjustments accordingly. This financial oversight reduces the administrative load on landlords while reducing accounting errors.

Property Maintenance

Property maintenance is more than keeping up curb appeal. Regular maintenance helps to keep your rental property looking good, though maintenance services provided by a property management company encompass both routine as well as emergency maintenance. Routine upkeep generally includes the landscaping, cleaning common areas, and inspections of HVAC, electric, and plumbing. Being proactive with maintenance helps prevent serious and expensive repairs down the road. Although not every issue can be found during routine inspections, this is why full-service property management companies provide emergency repairs and can be contacted 24/7 to address these issues. These can include electrical short circuits, burst plumbing, or structural damage.

Property management companies have multiple trusted and vetted vendors and tradesmen who are prepared to repair at any hour of the night or on weekends, allowing landlords to take time off and relax. Maintenance is then logged, and reports should be provided to landlords, offering a record of the work completed.

Reclaim Free Time

Full-service property management companies provide landlords with the resources needed for them to reclaim their free time. Managing a property can be overwhelming for those who aren’t prepared. A property management company can return a significant amount of time to the landlord by assuming responsibilities for operational aspects of owning a rental property. This allows landlords to pursue personal activities, whether that's spending more time with friends and family or growing their portfolio.

By providing a comprehensive solution to landlords, a full-service property management company gives landlords free time and additional resources to care for their property. Hiring a property management company should be seen as an investment instead of a cost. If you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Is a Rental ADU The Right Structure to Build?

Thu, 21 Aug 2025 22:00:11 GMT

Accessory Dwelling Units (ADUs) have become increasingly more common in Long Beach, CA, especially in suburban areas where demand for housing is increasing. For new and experienced landlords alike, the question becomes whether building an ADU is right for your property.

Today, we’ll evaluate both sides, offering landlords the information needed to determine whether a rental ADU is a fitting investment.

Building and Renting an ADU

The primary benefit of ADUs is supplemental rental income; however, ADU rental prices can vary based on location, size, and configuration . Depending on the ADU build, you can earn on average between $1,800 $2,600. This additional income can significantly offset the mortgage or provide a consistent additional cash flow. The investment spent in building an ADU isn’t lost; this capital gets added to the value of your property, potentially making it more desirable to future investors. The increase in value comes from the additional living space as well as a potential source of revenue for prospective buyers.

Additionally, ADUs provide flexibility in how they can be used. In most situations, the ADU is rented with a long-term lease while the homeowner lives in the primary residence on the property. However, there is an option for the owner to live in the ADU and rent the main home. If this is the option you’ve opted for, you can also list the primary home as a short-term rental on apps like Airbnb. While this may require you to invest more time into maintenance, some can find it’s worth it for the additional income.

Challenges of an ADU

The primary drawback of building an ADU is the initial investment. In Southern California, the construction of an ADU can cost in the range of $250 to $500 per square foot, depending on materials and design. It's not uncommon for ADUs to end up costing over $120,000 for a new structure. Alternatively, you can convert an existing garage into an ADU, which can make it less expensive overall, though still a significant investment. This upfront cost is what deters many homeowners from building an ADU on their property.

Once a rental ADU is built, the responsibilities continue. Managing an ADU adds to the maintenance demand. Tenants need to be screened and vetted, especially if the landlord lives in the primary residence. Some landlords may not have the resources to manage the additional responsibilities, though a property management company can help with this.

Key Considerations Before Building

Beyond the upfront cost of building, there are several practical aspects landlords should look out for before committing to building a rental ADU. For example, not every property is appropriate for additional construction. You’ll need adequate space for the structure, access for the construction equipment, and compliance with your local zoning codes. You’ll also have to invest in a designer and architect; a poorly designed unit may need all the required codes yet fail to attract prospective tenants. A functional layout and privacy can reduce turnover rates while making the ADU more appealing. Rental ADUs are a great way to gain experience managing a property, though for those who find it difficult, consider hiring a property management company for your ADU .

A rental ADU can be a practical way for new landlords to dip their toes into real estate without investing in a rental property outright. If properly built and maintained, a rental ADU can increase its bottom line, though it carries substantial upfront costs. If you need help screening prospective tenants for your rental ADU or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

What is Considered Normal Wear and Tear For Your Property?

Thu, 14 Aug 2025 01:13:02 GMT

When it comes to rental properties, there’s a thin line between normal wear and tear and actual damage. The deciding factor is oftentimes unclear, and landlords can sometimes leave money on the table or pay for damages out of pocket. Today, we’ll go over how to recognize wear and tear, as well as help landlords understand what to look for.

Determining Normal Wear and Tear

Normal wear and tear refers to the natural and gradual deterioration of a rental property due to ordinary use over the tenant’s stay. In some cases, it occurs regardless of a respectful and careful tenant and cannot be fully prevented through typical maintenance . A great way for landlords to see what determines normal wear and tear is to look at the age, quality, and expected lifespan of each damaged part of the property. Items that get used every day will display normal discoloration, scratches, or slight loosening of fixtures over time. This is normal wear and tear. However, if these things are used incorrectly and not taken care of, they can be signs of property damage.

Surfaces and Finishes

The surfaces and finishes of a rental are some of the most commonly disputed areas of wear and tear when a tenant moves out. These include paint, walls, flooring, and countertops. For walls and paint, normal wear and tear presents itself in a gradual fading of the paint from the sun. The walls may have a few scuff marks from furniture moving or small nail holes from hanging frames. At the same time, damage looks more obvious, like larger holes or graffiti. Extensive damage can require replacing the drywall or hiring someone to patch said holes.

Much like paint, carpet also fades as it ages, though it may also flatten in spots with heavy foot traffic. Carpets do have a lifespan, though, anywhere from five to fifteen years, depending on the quality. Meaning if your tenant has lived for longer than the estimated lifespan of the carpet, even if torn, it may still be considered normal wear and tear . Hardwood floor and tile, on the other hand, can last decades if taken care of. Not only do they have significantly longer lifespans than carpet, unless purposefully damaged, spot repairs are generally more affordable than redoing the entire flooring.

In the kitchen and bathrooms, the countertop and cabinets are what to keep an eye on. Dulling of the surfaces and slight loosening of hinges are considered normal wear and tear. Deep knife gouges on the countertop, swelling of the cabinets due to an ignored water leak, or missing cabinet doors would be considered damaged.

Documentation and Record Keeping

Accurately assessing wear and tear requires consistent and verifiable documentation. Prior to the tenant moving in, make sure to conduct a thorough inspection and record the condition of all items, as well as notes and either photos or video. This is to protect both you and your tenant, as it's not unheard of that a landlord to blame existing damage on the current tenant. Periodic inspection of the property is a great way to stay ahead of developing issues, protect your investment, and ensure tenant satisfaction . Finally, when the tenant moves out, compare the current condition to the move-in records to determine if any changes fit with what is considered normal wear and tear.

Normal wear and tear is an unavoidable result of people living. Though the distinction relies on an objective assessment of the cause, as well as the severity of the damage. If you’re having a deposit dispute with your tenant or you need help managing their Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Save Time By Collecting Rent Automatically

Thu, 07 Aug 2025 19:28:01 GMT

For those landlords managing rental properties on their own, collecting rent manually can be both time-consuming and inefficient. Automated rent collection apps provide landlords with a low-cost option that can handle payment processing while reducing administrative work. This provides landlords with the ability to focus on maintaining their properties and communicating with tenants for reasons other than collecting rent.

Today, we’ll go over the different applications available to landlords as well as which one is better suited for your needs.

Dedicated Rent Collection Apps

Standalone rent collection apps such as Payrent and ClearNow focus primarily on automated rent payments. They allow for tenants to pay via automated clearing house network (ACH) transfers as well as credit and debit cards, and automatically deposit funds directly into the landlord’s desired account. These platforms will oftentimes have fees associated with them, though less when compared to full property management software, making these options cost-effective for landlords with small portfolios.

Property Management Platforms

Mobile applications such as Avail and AppFolio include rent collection as part of a broader package. These apps are tailored towards landlords with growing portfolios or those who live far from the rental property itself. Additionally, these types of systems provide the ability to manage tenant screenings, lease renewals, and financial reporting in a centralized app to save time. It can also help reduce the need for multiple subscriptions and help landlords present more professional and organized operations to their tenants. First impressions are important, and prospective tenants will appreciate this organization and expect a healthy relationship with their landlords compared to disorganized and unprepared landlords.

Recurring Payment Scheduling

Both dedicated rent collection as well as property management apps provide an automatic recurring payments feature. The majority of automated systems allow tenants to set recurring payments, which helps to reduce late rent payments and facilitates a consistent cash flow. Additionally, it eliminates the need for monthly reminders and reduces the risk of tenants forgetting outright. Recurring payment scheduling works by having your tenant select a fixed payment date agreed upon in the lease. Once established, the payment is automatically processed each month without the need for additional input from either party. Eliminating the variable of manual payment timing creates a predictable deposit schedule for landlords. If necessary, these applications can be set up for automatic notifications to confirm successful payment alerts for both landlords and tenants.

Varied Payment Methods

It's good practice to provide your tenant with as many choices as possible to pay their rent. After all, why make it difficult to get paid? Some tenants may have a preference for payment methods. Applications such as Zelle or PayPal allow for direct payments without the need for a conventional property management application. This can simplify transactions for some, as you can also set up recurring payments on these applications as well. Although this system may not have lease tracking like the property management apps may have, the convenience can be a deciding factor.

Automated rent collection apps give landlords practical tools to simplify rent payments and improve the consistency of cash flow. These apps encourage landlords to evaluate their operational needs; sometimes these are enough, in other cases, consider a property management company . A property manager can provide landlords with additional resources in the case of emergencies. This is why property managers should be seen as an investment more than simply a cost. If you’re looking to set up your tenants' automatic rent payments or you need help managing their Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

What Applications To Use To Manage Your Properties

Wed, 30 Jul 2025 19:17:05 GMT

When it comes to managing your property involves several tasks other than collecting rent. For example, maintenance coordination, tenant screening, and financial record keeping, just to name a few. There are mobile apps that have been developed to help landlords with these processes.

Today, we’ve identified a number of major property management apps that can assist both new and experienced landlords.

Types of Property Management Apps

Like most technological advancements , if there is a task in need of being streamlined, there's likely an application to help with that. One of the most popular types of apps landlords use is collecting apps. These platforms often support recurring payment scheduling and late fee automation. These tools help to reduce or eliminate the need for slow mail-in checks or collecting physical cash from your tenants.

The most common task associated with a rental other than rent is typically maintenance. There are apps to help track maintenance schedules, organize service requests, and assign tradesmen to the task at hand. By having your contractors centralized on applications, you can significantly reduce the time between communicating the issue and tracking the repair. This helps to ensure that all maintenance activity is logged digitally for future reference as well.

All-in-one property management apps

If you're a relatively new landlord or someone who’s actively expanding their portfolio, consider going all in on property management apps. All-in-one apps integrate the core functions of other apps into a single platform. These platforms combine rent collection , maintenance tracking, tenant screening, and other accounting functions, which makes them suitable for scaling operations.

Benefits of Using Property Management Apps

Being able to automate tasks serves to reduce repetition in managing your properties, which in turn saves you time. Time that can be spent with friends, family, or expanding your portfolio. Due to the number of digital features of property management apps, it minimizes the amount of manual intervention required by the landlord, which may improve process consistency. Communication is key when attempting to have a healthy tenant-landlord relationship.

Many property management apps provide tenant portals that allow for direct messaging and maintenance request submissions. This can reduce the amount of time needed for quick responses and improve tenant satisfaction . Property management apps also help to stay organized digitally. This keeps track of important documents, payment histories, and service records, allowing landlords an accessible database for references and compliance. This type of integration can reduce the risk of miscalculations in the long run.

Property Manager combined with property management apps

While applications can lower the bar of entry for landlords and improve efficiency, they don't eliminate all other operational requirements. Some landlords opt for a hybrid approach using both property managers as well as property management applications. It's known that property management companies oftentimes use similar applications to help with managing properties, which enables landlords to maintain visibility while delegating the day-to-day responsibilities. This setup offers landlords the resources of a property management company without sacrificing digital transparency. As a landlord, you need to keep in mind complicated responsibilities such as legal compliance, emergency repairs, and in-person inspections generally require people and resources many don't have access to on their own. Combining both solutions provides improved efficiency and a reduced workload for landlords looking to maintain a flexible yet structured management system.

Property management software can deliver automation while improving communication and accurate documentation. These applications are tools, and like many tools, if used properly, they can help to streamline many responsibilities. However, they don’t replace every management function, nor do they provide you with additional resources in the case of legal escalation. If you’re unsure which property management app is right for you, or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Are Property Managers Needed for Your Property's ADU?

getdustin@icloud.com (Dustin Edwards) — Fri, 25 Jul 2025 10:45:33 GMT

An accessory dwelling unit (ADU) is a secondary living space located within your property. This can be attached to the primary residency, typically called Junior ADU (JADU), or detached as its own structure. In recent years, the popularity of ADUs has grown particularly in urban and suburban areas like Long Beach. For property owners, an ADU offers an opportunity to enter the real estate market while keeping the primary investment lower than if you were to purchase a single-family home. Many do it themselves, inclined landlords may be able to manage the ADU on their own, for others, it may be beneficial to hire a property manager .

Below, we’ll go over how a property manager can help you save time and money when managing your ADU.

Responsibilities when Managing an ADU

Managing an ADU requires regular attention beyond general maintenance . This includes a number of administrative and operational responsibilities. As a landlord, you’re expected to market your unit, screen prospective tenants, prepare a legally sound lease, and collect rent, among others. Properly keeping track of the costs associated with renting out an ADU ensures that deductions can be verified and your property remains compliant with all relevant laws. The time necessary to commit to an ADU as a landlord varies depending on the local laws and your tenant. Landlords who work full time or don't live on the premises may find these demands disruptive to their day-to-day life. In some cases, the amount of time required to manage a single ADU can average to a part-time job. A property manager can help to give you that time back while giving you peace of mind.

Maintenance and Tenant Expectations

An ADU may seem relatively easy to manage due to its general size; however, even a single unit introduces recurring maintenance and demands that your tenant may expect when renting your ADU. Some responsibilities include ensuring plumbing, electrical, HVAC, and gas systems are up to code and working as intended. These tasks, along with appliance maintenance, oftentimes require sourcing qualified contractors, scheduling repairs, and confirming successful repairs to avoid repeat issues.

Quick response time is a critical factor in order to maintain tenant satisfaction . Delays in addressing and resolving the maintenance concerns can result in a strained relationship with your tenants. In severe cases, it may involve legal disputes. Tenants generally expect quick responses to their maintenance requests and equally fast solutions, especially for essential services such as water, heat, or electricity. Preventive maintenance is a great way to stay ahead of costly repairs . Regular inspections of the home, inside and out, should be done in order not to be caught off guard. Overlooking some of these measures can lead to expensive emergencies that are more costly than routine upkeep.

Benefits of a Property Manager for Your ADU

Property managers offer a number of services that absorb a large number of responsibilities associated with managing an ADU. They generally handle tenant acquisition by marketing your unit across multiple offline and online platforms to cast a wider net. They offer screening services to check a prospective tenant’s credit score, rental history, and proof of income. They’ll manage rent collection, which can reduce the likelihood of missed payments.

Additionally, property managers have resources many landlords lack, including legal help and a network of contractors and tradesmen needed to address maintenance issues quickly. Many times, these contractors have negotiated rates that can be more cost-effective than finding your own workers.

Managing an ADU is a lot like having a new part-time job; it requires attention, availability, and regulatory awareness. Managing an ADU on your own can definitely reduce some costs. However, it demands consistent involvement and willingness to handle not only the administrative responsibilities, but the maintenance and operational details as well. For those uncertain about which path to take or who need help managing their Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Key Differences To Rent Your ADU When You Live In The Property

getdustin@icloud.com (Dustin Edwards) — Thu, 17 Jul 2025 21:47:32 GMT

In Long Beach, CA. The development and rental of Accessory Dwelling Units (ADUs) has increased in popularity due to the rising housing demand. Though renting an ADU while living in the primary home introduces a number of differences from traditional rental arrangements. First-time landlords looking to test the waters of real estate often start with renting an ADU and quickly learn that not all great tenants make for great neighbors.

Below, we’ll go over three key differences you’ll have to keep in mind when renting an ADU while you live in the main home.

Landlord-Tenant Dynamics

When your neighbor is your tenant, the traditional separation between tenant and landlord is significantly reduced. Being physically close to your tenants may increase the likelihood of unintentional boundary crosses, which in some cases can contribute to misunderstandings. For this reason, landlords need to structure clear agreements and expectations regarding shared access to the outdoor areas, entrances, and noise levels. Additionally, depending on how your ADU was built, you may need to share utility responsibilities with your tenant. Most ADUs share the same electrical service between the ADU and the primary residence. This can be used as a selling point by including utility costs in the rent, though keep in mind that you’ll be responsible if your tenant uses more than you’ve accounted for.

For example, landlords living in the main residence may inadvertently create tension if a tenant perceives the presence of the landlord as excessive oversight. On the other hand, a tenant may ask for more informal requests due to the proximity. This can result in blurred roles and potential disputes.

On-site Property Management

Living in the primary residence can simplify some elements of property management, such as routine inspections, general maintenance, emergency repairs, and rent collection . Much like an onsite manager, small issues such as leaking faucets or replacing a lightbulb can be addressed quickly without the need for a third-party repairman. This is especially true if you’re a handy landlord. That being said, this perceived availability may lead to higher expectations from your tenants for immediate responses. Without clear boundaries, your tenants may begin making requests casually, or outside of appropriate hours for simple repairs. This casual approach can result in miscommunication or improper documentation. Ultimately, this led to a falling out between both parties, making it difficult for landlords to maintain a healthy separation between them and their rental obligations.

Tenant Screening Priorities

Screening tenants is the best way to find the right tenant for your rental. This can help weed out less-than-ideal tenants. Screening tenants can show you their financial stability, rental history, and credit history. However, when the landlord resides on the property, tenant screening must account for more than just financial qualifications and rental history. You’ll have to keep in mind the renter’s lifestyle, habits, and interpersonal conduct as they can affect the quality of shared living spaces. Finding a resident who is compatible with you also makes it easier to keep tenants happy . Assuming the ADU is physically separated from the primary house, factors such as pets and work schedule may influence your decision.

You’ll need a different approach to renting an ADU while you live in the front house compared to renting out an apartment or single-family home. Mainly in that you’ll have to manage a closer landlord and tenant dynamic. A property management company can be the buffer needed to ensure your tenants don't cross any boundaries. If you need help listing your ADU for rent or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Benefits of Hiring a Property Management Company for Your ADU

getdustin@icloud.com (Dustin Edwards) — Thu, 10 Jul 2025 15:45:01 GMT

For landlords managing an Accessory Dwelling Unit (ADU) , the day-to-day responsibilities of being a hands-on landlord can quickly become stressful and time-consuming. While an ADU is a great opportunity to generate additional income, it requires consistent care not only with maintenance and repairs but with tenant relations and knowledge of local laws. With professional help, landlords can gain a reliable service network and peace of mind.

Below, we’ve highlighted three different benefits of hiring a property management company for your ADU.

Maintenance and Repairs

One of the most demanding aspects of managing an ADU is handling maintenance requests and coordinating repairs. For those landlords who prefer the do-it-yourself (DIY) solution, many minor maintenance tasks can be done yourself, and if you’re currently only renting out your ADU, it may not be necessary to hire a property management company. However, a property management company can help you to streamline this process. They should have a network of vetted contractors and tradesmen ready to respond quickly. Property management companies oftentimes have more resources than an individual landlord, meaning that whether it’s an urgent issue with plumbing or general maintenance, these professionals can resolve the issue faster and occasionally for a more affordable price than if a landlord were to do it themselves. This helps to ensure consistent upkeep of your rental property, which not only protects the long-term value of your property but also keeps up tenant satisfaction . Finally, it removes the need for landlords to be available at all hours and be their own contractors in cases of emergencies.

Tenant Screening Expertise

Ensuring you find the right tenant is crucial to the overall success of any rental, especially when it comes to ADUs . This is because tenants will be living in close proximity to the primary residence, and if you live in the primary residence, your tenants will also be your neighbors. A property management company should have a well-established screening process. This should include background checks, credit reports, proof of income, and rental history. Proper tenant screening can mitigate the probability of late payments, lease violations, or disruptive behavior. By making sure your tenants are higher quality from the start, landlords can avoid future headaches while creating a stable rental environment.

Increased Peace of Mind

Managing your ADU personally can seem manageable at first glance, though even a single tenant can generate unexpected stress, even when properly vetted. As a landlord, you need to be able to assist a tenant at any time of day, including evenings, weekends, or even when you’re out of town. A property management company can not only provide access to communications 24/7, but they can handle all tenant communications, maintenance coordination, and necessary documentation in case of needing to take a legal route. This can free you from daily responsibilities as well as emergency situations. Property management companies have the resources to allow landlords to reclaim their valuable time. This time can be used to focus on other personal goals or expand their portfolio.

Owning an ADU can be a great way to generate steady rental income, though it’s not without its challenges. A property management company can provide help and significantly reduce your stress and time commitment. For landlords who value efficiency and peace of mind, having their rentals managed professionally isn't just convenient, it's an investment. If you’re interested in our services or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Is Summer The Best Time To Replace Your Roof?

getdustin@icloud.com (Dustin Edwards) — Thu, 03 Jul 2025 16:31:28 GMT

Replacing a roof is a necessary part of property maintenance. Though roofs have a lifespan of between 20 and 25 years, it's important to stay ahead of roof maintenance as leaks in your roof can lead to structural damage to the rental and growth of mold and mildew, which can be a hazard for your tenants. For landlords, determining the ideal time to perform this work can affect costs, convenience, and tenant satisfaction .

Today, we’ll go over why we believe summer is the ideal time to replace your roof.

Weather Conditions

In Southern California, during the summer months, the weather tends to be more stable and consistent. Precipitation is generally at its lowest during the summer, meaning there is little probability for rain. This consistency in the weather allows for a better, more consistent work environment for workers, which minimizes delays that may be caused by the weather, allowing for work to be completed on schedule.

An additional benefit to replacing the roof during the summer is the performance of the material. For example, asphalt shingles, which are commonly used in residential roofing, adhere more effectively when the temperature is higher. It's been shown that installing these shingles during warm weather supports proper sealing of the roof materials when compared to cold weather. When it's too cold, these shingles can become brittle, increasing the risk of damage or improper installation. Furthermore, while replacing your roof, you can take advantage of the opportunity to inspect the attic. Ensure there is adequate attic ventilation and insulation while the area is more accessible. Doing this can improve efficiency in cooling , which can reduce the wear and tear on the electrical and HVAC systems. Finally, summer conditions reduce safety hazards for workers, which helps ensure consistent progress on the work at hand.

Tenant Coordination

Replacing the roof of your rental property is a large project that can be difficult to coordinate with tenants. However, summer offers a number of benefits in this aspect as well. Summer is often seen as a time to travel or go out. Summer is also a common season for general maintenance , meaning scheduling multiple projects at the same time is a possibility. Tasks such as landscaping and HVAC servicing are commonly performed during the summertime. By scheduling roof replacement, you can reduce the overall scheduling conflict between your tenants and your tradesmen.

Replacing a roof can be disruptive for tenants. However, summer minimizes many of the common issues associated with this type of work. Depending on the tenants, they may have a more flexible schedule, or even be on vacation or otherwise be able to spend time away from their home. This reduces their exposure to noise, dust, and debris from the work being done on the roof. Clear communication is crucial, as some tenants may require additional time to get their schedules organized. By ensuring your work aligns with the season when tenants are least impacted, landlords can improve their relationships with their tenants. This can help reduce contention and complaints. Although any construction can be an inconvenience, summer conditions help limit the disruption to your tenant’s comfort and daily routines.

Choosing the right season for roof replacement is an important decision for landlords, and for some, summer may not be ideal. Though in general, summer provides favorable weather and a better ability to coordinate with your tenants. While the costs involved with replacing your roof can be significant, completing this work during summer can be more efficient while improving the overall value of your rental property.

Keeping Tenants Cool the Affordable Way

getdustin@icloud.com (Dustin Edwards) — Thu, 26 Jun 2025 14:27:40 GMT

Maintaining reasonable indoor temperatures doesn't have to require a large investment, though high indoor heat can lead to tenant dissatisfaction, an increase in turnover and vacancy rates, and complaints. There are many measures you can implement to help keep tenants cool while not breaking the bank.

Today, we’ve gathered four simple and cost-effective ways to keep tenants cool and comfortable .

Optimizing Airflow

One of the most affordable ways to maintain lower temperatures is by understanding how to optimize airflow with fans. If your rental property has ceiling fans, ensure they’re spinning counterclockwise in the summer. This pushes the hot air downward, which circulates the cooler air to the top, helping rooms cool down by a few degrees.

Alternatively, if your rental is a single-family home, consider installing attic fans. Attics tend to be the hottest part of a home during the summer. If the room temperature is 80°F, the attic can get as hot as 100°F. An attic fan moves that hot air out of the attic, replacing it with ambient temperature air. This results in a number of benefits, which can lower the temperature in the home by up to 5°F. It also helps reduce wear and tear on the HVAC system while lowering the energy bills for your tenants.

Inspect the Seal Around Doors and Windows

Seals around doors and windows can weaken after temperature fluctuations between summer and winter. You should inspect these seals for gaps and cracks, while this may not seem as impactful in the short term, allowing them to continue to degrade can affect your cooling and electrical systems in the long term. As the hot air can leak into the home, the HVAC system will have to work harder to maintain a comfortable atmosphere, which will also put a heavier load on your electrical system.

Efficient lighting

Lighting can also produce unwanted heat; however, this is less of an issue in modern days. Older fluorescent and incandescent bulbs are not only less efficient than modern LED light bulbs, but they can also generate more heat. LED bulbs not only last longer than traditional bulbs, but they also operate at a lower temperature and reduce utility expenses over time. If your tenants still use older bulbs, gifting your tenants with high-efficiency LED bulbs can not only help them stay cool, but it can save you and them money in the long term. This can help garner goodwill from your tenant and improve their satisfaction .

A/C Settings and Care

While you can't control how your tenants use the A/C system, you can help them be more efficient with it. Consider installing smart thermostats to help tenants set up schedules and have the ability to turn off the A/C remotely in case they forget. Additionally, ensuring to do maintenance on the cooling system before the hotter days arrive can help you prevent expensive repairs. Replace air filters, clean air vents, and remember to clear debris from the outdoor condenser unit. This can help to ensure proper airflow and optimal performance of the compressor system.

While there are more ways to maintain lower temperatures in your rental, these are a great way to get started. These methods don't require major renovations or even long-term commitments, and when implemented together, can make a significant difference in comfort levels for your tenants. If you’re looking for other ways to keep your tenants cool or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Key Summer Property Maintenance

getdustin@icloud.com (Dustin Edwards) — Tue, 24 Jun 2025 14:18:54 GMT

Proper maintenance helps keep your tenants satisfied by minimizing the need for frequent repairs, which can be seen as intrusive and time-consuming. When a rental property is well-maintained, it not only reduces the costs of repairs but it can shows your tenants that you care for their well-being as well.

Below is a short list of important summer maintenance items to do before it gets too hot.

Inspect Rain Gutters

During the summer, rain gutters should be inspected and cleaned of dry leaves and debris that may have fallen into them during the spring and winter. These materials can accumulate, which, when left unchecked, can block water from passing through the gutters. Though more importantly, it can hold humidity, which can lead to damage and early signs of failure. Additionally, having large amounts of decomposing leaves can bring with it pest infestations, as many insects live and breed in decaying organic matter.

Landscaping Maintenance

Plants tend to grow the most during the spring, meaning that during summer, you’ll have to trim and reshape hedges and trees. Proper landscaping helps prevent damage to the property from rogue branches and other debris. It also helps tenants enjoy the outdoor space safely with fewer tripping hazards, such as leaves and sticks, while improving curb appeal. Trimming the landscaping also reduces the amount of maintenance needed throughout the years while also reducing fire hazards. As summer brings with it the start of the fire season in Southern California

Test Batteries and Smoke Alarms

Smoke detectors are incredibly important to the safety of your tenants. While they can be annoying in some cases, ensuring that smoke and carbon monoxide detectors work properly can save tenants from injury or worse. During summer, the use of air conditioning and fans raises power consumption, which in older homes with older wiring can increase the risk of an electrical fire. Ensuring batteries are fresh and the alarms work correctly protects your tenants and your investment.

Pest control

Being proactive with pest control is incredibly important for your tenants’ satisfaction . Summer brings with it an increase in insects such as mosquitoes, cockroaches, and flies, as well as other pests like mice and rats. A simple, yet effective way to get ahead of the pests is to inspect window and exterior door screens. Screens allow for fresh air circulation while preventing flies, moths, and mosquitoes from entering. Seals around doors and windows prevent cockroaches and spiders while preventing cold air from escaping. If necessary, consider hiring a professional to inspect for other potential entry points for larger pests like mice and rats.

General Inspection

Summer weather is ideal for doing property inspection, the dry conditions allow for easier access to roof tops and other outdoor systems. Inspections help to identify problems early, allowing for timely repairs and reducing future costs of expensive fixes. As an example, roofs on average have a lifespan of 20 to 25 years. However, if debris or pests have compromised the integrity of the roof, it can cause leaks. Roof leaks can be an incredibly expensive repair if left unchecked, as water can seep into the walls, rotting structures, and cause the growth of mold and mildew.

Additionally, consider inspecting appliances such as refrigerators, ovens, washers, and dryers regularly. As proper appliance functions reduce tenant complaints, it also reduces the costs for repairs down the road.

Maintaining your property is more than just making sure your property is taken care of. Proper maintenance can increase lease renewals while reducing turnovers. It also helps your property stand out as a well-maintained property generally has positive curb appeal. If you need a hand with summer time maintenance or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Ways To Convert Existing Structures into ADUs for Extra Income

getdustin@icloud.com (Dustin Edwards) — Sat, 21 Jun 2025 14:57:34 GMT

An accessory dwelling unit (ADU) , also known as a granny flat, is a great way for new investors to test the waters of being a landlord. ADUs can be a great source of extra income, though the initial investment may be high. If you’re choosing to convert an existing structure, you can cut some of the costs while maximizing your potential income.

Today, we’ll go over how to convert unused rooms or garages into an ADU to earn extra monthly income.

Types of ADU

There are mainly two kinds of ADUs that we’re going to go over. A standard ADU, which is typically its own structure, is either built from the ground up or built using the existing frame of a previous structure, such as a garage. The other is a Junior ADU; these are typically smaller with different rules, though in California, they must be located within the existing walls of the primary home.

A JADU is a great way for first-time landlords to make extra income while renting out a private room with its own entrance. JADUs are limited to 500 square feet and are contained within the walls of the primary residence. It will need its own kitchen, though the bathroom can be shared with the main house; however, this can deter prospective tenants looking for more privacy. Other limiting factors include the homeowner living in either the JADU or the main house if you plan on renting it out. Though a JADU can be significantly more affordable than building a full-sized ADU.

In Long Beach, as of the summer of 2025, a standalone ADU can be up to 1200 square feet; it does need its own bathroom and kitchen. Keep in mind, you’ll need to provide parking for the residents of the ADU unless it's located within a half mile walking distance of public transit, as well as other exemptions. ADUs have an advantage in that you don't have to live within the property to list either the main home or the ADU for rent, meaning there is potential for a much higher return.

Converting a Garage into an ADU

Before converting a garage into an ADU, consider checking your local zoning laws and building codes first. These can change, which can slow down builds. Ensure you’re aware of any changes to building codes, or hire a reputable contractor to help out. Owners should consider planning for essential living features for prospective tenants. For example, flooring, at first, you may consider going for the cheapest option, though this can change if you plan on allowing pets, meaning you’ll want less carpet. To keep your future tenants feeling comfortable and safe , consider exterior lighting to improve visibility and deter thieves. Finally, if you intend to maximize privacy, there are many landscaping designs that can give each tenant a sense of privacy and safety.

Converting an Existing Room into JADU

When converting an existing room, it's important to pick the right one. If you already have a room with its own entrance, this will be ideal. Though if you don't already have a room with its own entrance, consider using an exterior, corner bedroom if one is available. You’ll have to install a lockable door to separate the JADU from the rest of the residence, and a kitchenette will also be needed, though this can be done with a sink, refrigerator, and basic cooking appliances. As previously stated, a bathroom is not required as it can be shared with the main home, though having a private bathroom can significantly increase your rental income.

For improved tenant comfort and satisfaction, consider adding noise-canceling insulation in walls that are shared or using noise-suppressing paint. Lighting both inside and outside of the JADU is also important here as well as it improves safety and makes the unit feel more inviting.

Converting an existing room or structure into an ADU or JADU is a practical way for landlords to start their real estate journey without needing to invest in a brand-new investment property. Keep in mind there are limitations and rules that can slow down build times, so knowing your local building codes and laws is important. If you need help understanding the regulations of building an ADU or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

4 Reasons To Keep Tenants Happy

getdustin@icloud.com (Dustin Edwards) — Thu, 12 Jun 2025 14:32:25 GMT

On the surface level, the money collected from a tenant is the only contributor to the success of your rental property. However, a satisfied tenant can significantly improve your bottom line. Satisfied tenants are one of the key indicators of a well-managed property, reflecting the overall health of your rental.

Today, we’ll discuss what makes happy tenants valuable, aside from collecting rent.

Tenant Retention

Tenant retention is one of the most important benefits of keeping tenants happy. When your tenants feel valued and comfortable in their home, they’re more likely to renew their leases and extend their stay. This reduces turnover rates, which can oftentimes involve spending on new advertising, tenant screening, and other preparations for the rental unit. In general turnover rates can cost upwards of $5,000 dollars depending on your property. If multiple tenants decide to move out, this can not only significantly impact your monthly income, but it can also begin a financial snowball effect that can be difficult to recover from. Through quick resolutions to maintenance , respectful communication, and fair treatment, landlords can encourage long term residency. By retaining good tenants for long periods of time, your income becomes more predictable and stable.

Tenant Cooperation

Keeping your tenants satisfied often results in rules and lease terms being respected. When a tenant feels as though they're being treated fairly, they’re more likely to follow community guidelines, avoid lease violations, and respect their neighbors. Sharing a positive relationship with your tenants also fosters a sense of shared responsibility for the property, meaning if and when they do move out, the unit could be easier to prepare for the next tenant. Additionally, satisfied tenants are also more likely to cooperate with landlords' inspection and maintenance visits if given adequate notification. They are also more likely to report issues when they’re minor and easily fixed, instead of waiting until the repair becomes an expensive major repair . This can significantly extend the lifespan of core systems such as the plumbing, electric, or HVAC system.

Positive Reputation

A positive living experience can lead some tenants to recommend your rental to their friends or family. For investors with multiple units, having a tenant recommendation can significantly reduce the costs associated with turnovers. Word of mouth referrals are incredibly useful for bringing in new tenets in a competitive rental market. A positive reputation can also help your rental property stand out from the competition and attract prospective tenants looking for a well-maintained rental with an efficient landlord. This same positive reputation can also help attract prospective tenants who rely on online reviews when searching for potential rentals.

Property Value

Well-maintained rental properties with stable tenants generally experience value appreciation. Proper maintenance can prevent severe structural issues while preserving the core systems, which can be incredibly expensive if left in disrepair. During periods of vacancy, a property can slowly deteriorate if the unit is left empty for a long time. Whereas if you have a long-term tenant, they’re encouraged to treat the rental with better care, as it's their long-term home. This stability also allows landlords to plan and perform the rental’s upkeep more efficiently. This will also improve your curb appeal, which can attract renters or, in some cases, buyers.

Tenant satisfaction is crucial for landlords to have a stable long-term income, by reducing turnover rates and improving consistency. By prioritizing the needs of your tenants, a landlord can protect their investment while increasing their overall income. If you’re unsure how to show your tenants appreciation or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

ADUs and Junior ADUs, which one is the right one for your property?

getdustin@icloud.com (Dustin Edwards) — Fri, 06 Jun 2025 18:47:30 GMT

With the real estate market as competitive as it is, many landlords are looking into building an Accessory Dwelling Unit (ADU) or Jr. ADU to improve their bottom line with additional monthly income. While this is a great way to earn more, you need to be sure you’re investing in the right upgrade to your property.

Below are some of the key differences between ADUs and Jr. ADUs; this way, you can make the right decision for your property.

Differences between Junior ADUs and ADUs

On the surface, the primary difference between an ADU and a Jr. ADU is the square footage. However, there are many considerations for each type of ADU , significant differences include costs and build limitations.

ADUs are generally seen as a larger and more versatile build when compared to a Jr. ADU. They can be built detached from the main home, converting an existing structure, most commonly the garage. In Long Beach, an ADU can be up to 800 square feet or 50% of the gross floor area of the primary dwelling, whichever is smaller. For reference, an 800 sqft living space can be arranged as a 2-bedroom 1-bath home, though with creative use of the space, many investors have been able to fit 2 bedrooms and 2 bathrooms comfortably. If listing the ADU for rent is the goal, this can produce a higher yield, though at the cost of a higher initial investment.

Jr. ADU, on the other hand, can only be a maximum of 500 sqft and must be built attached to the existing single-family home. While you can build an entire new addition to accommodate the Jr. ADU, it's not uncommon for homeowners whose homes are bigger than they need to convert a bedroom into a Jr. ADU in order to have additional income . A Jr. ADU does still require an efficient kitchen. Bathrooms can be shared with the main house, though this can deter some prospective tenants. Additionally, the utilities are oftentimes shared with the main house, which can simplify installation, though it can complicate utility costs with your tenant.

When an ADU is Right

Being able to build a full ADU provides an entirely separate and private living space, which is more desirable to prospecting tenants. This is the preferred choice for most investors, especially those who have unused space in their property. By being built apart from the main house, an ADU may cause less disturbance to those living in the main house, whether that be yourself or another tenant. In Long Beach, CA. ADUs can’t be listed as short-term rentals on apps like Airbnb; that being said, an ADU can command more in rent because of the aforementioned features. If you’re looking for a long-term investment, ADUs increase your property’s value while generating a consistent cash flow. Finally, if you ever plan on selling your rental property, the additional ADU can improve the appeal of your property to future buyers.

When a Jr. ADU is Right

While a Jr. ADU doesn’t have the same potential as a full-sized ADU, Jr. ADUs are far more budget-friendly. These are a great option for investors who have limited funds. Since Jr. ADUs generally require less work to be done in less time, allowing you to begin making a return sooner. Finally, if your property doesn’t qualify for a full-sized ADU permit due to the size of the property lot, a Jr. ADU can be built primarily through interior work, which may only require reconfiguring existing interior space.

Whether you choose a full-sized ADU or a Jr. ADU, the decision depends on more than just the size of the structure, you’ll have to manage filling the vacancy and managing the new tenant. If you need help choosing which ADU is right for you or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Beach Rentals Need These 3 Maintenance Items Before Summer Starts

getdustin@icloud.com (Dustin Edwards) — Fri, 30 May 2025 01:07:06 GMT

Summer is a great time of year where people enjoy a number of outdoor activities. Though for landlords, summer brings with it a list of maintenance items and preventative care for their properties.

Below, we’ve gathered three of the most important maintenance items to do before summer starts.

Service your HVAC System

Southern California summers are getting hotter and hotter, if you want to maintain tenant satisfaction you’ll need to have the HVAC or any A/C or cooling system properly serviced . Filters should be cleaned or replaced, and the ductwork should be inspected. For rentals with window units or mini-split systems should also be thoroughly inspected as well for optimal cooling.

Doing proactive maintenance can reduce the risk of the cooling system breaking down during peak usage while also improving the system’s efficiency. This can lower utility costs for your tenants while extending the lifespan of your cooling system, saving you money in the long run.

Additionally, consider inspecting your window and door seals for leaks. If the seals are broken, it allows hot air into the living space, this increases the cost associated with cooling while adding more load to the HVAC or cooling system. While not directly a part of the HVAC system, ensuring there aren’t any breaks in the seals helps extend the lifespan of your cooling system which is beneficial to your bottom line.

Inspect your Roof

The condition of a roof is oftentimes ignored since they tend to last over twenty years, and some property owners may not even be sure when the roof was last replaced . A poorly conditioned roof is one of the primary ways for a rental property to drive up the costs of repairs and tenant complaints. A damaged roof can inefficiently insulate a home, making it harder to keep it cool. It can also lead to water leaks during rainfall, which can lead to water damage, stains, and mold growth. While summers tend to be dry, the coastal cities such as Long Beach may see unexpected shifts in weather, which can bring sudden rainstorms or increased humidity.

Fixing a small roof leak is relatively inexpensive, however, leaving said leak to grow can result in an emergency repair can cost thousands especially if a tenant has already moved in. A thorough roof inspection is a great maintenance item to do during a vacancy period especially as this can result in a positive experience with new tenants. This can lead to a long term stay with many lease renewals.

Check for Signs of Pests

Pest infestations are one of the fastest ways to ruin a tenant’s stay while also damaging a landlord’s reputation. Pests such as ants, cockroaches, other bugs, and rodents are common in many beach cities, especially during the warmer seasons. Being in a city, you’ll likely never truly be rid of pests, though, even a single complaint about an excess of bugs or rodent droppings can lead to bad reviews online, service calls, and in severe cases, lease termination. These pests not only create an unwelcome environment for your tenants, but they can also cause real damage to your investment property. Cockroaches are known to damage small wiring in appliances, ants can ruin food and get in everything, while rodents can chew through walls, plumbing, and even electrical wiring.

Landlords should schedule regular ppest inspectionsto check for early signs of pest activity before the hotter season begins. Much like everything in this article, preventative maintenance is significantly cheaper than an emergency call, in this case to an exterminator.

If you want to keep your tenants happy and your property well taken care of, preventative maintenance is a must. If you’re unsure about the signs to look for when doing routine inspections or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

What Is A Solar Battery and Does Your Rental Need One?

getdustin@icloud.com (Dustin Edwards) — Tue, 27 May 2025 00:55:32 GMT

As the world becomes more electric, solar energy has become increasingly popular in rental properties. As landlords continue installing solar panels on their rentals, solar batteries have proved themselves as a valuable add-on.

Today, we’ll explore what solar batteries are, as well as whether your rental property needs one.

Understanding Solar Batteries

For properties with solar panels already installed or if you’re just thinking about installing solar panels on your property, the conversation eventually goes to solar batteries. A solar battery is much like the battery in your phone, except it charges using the energy generated by solar panels during the day. Since the power generated by solar panels is only done when the sun is out, this means that in the evening, when there’s no light, you’re not using solar power. Instead of letting the unused energy go to waste, the battery allows you to store the energy and use it later, even after the sun has set.

This can significantly improve energy efficiency in your property while providing tenants with greater energy independence. The size of the solar battery is up to budget, as most homes in Long Beach, CA, are connected to the electrical grid, where the need for large storage batteries isn't necessary. Once you’ve depleted the power stored in the battery, you’ll simply use power from the electrical grid like normal.

Benefits of Solar Batteries on Your Rental

Solar batteries in rental properties offer several advantages to both landlords and tenants. As previously stated, they increase the energy independence of the property by reducing the reliance on utility companies. Your tenants will benefit from having stored power available during the power outages, especially during the hotter season. For tenants who work from home, this can be invaluable, since rotating outages are used in Southern California to help prevent the electrical grid from failing during periods of high demand.

Batteries can also improve savings on utility bills , namely by using the stored power during peak pricing hours. This can lower your tenant’s monthly expenses, which can make your rental more attractive to prospective tenants with tighter monthly budgets or those who are eco-conscious.

Does Your Rental Need a Solar Battery?

Not every property needs a solar battery; however, in the right situation, they can add significant value not only to the property itself, but to your bottom line as well. If you already have solar panels or plan to install them shortly, a solar battery can help your property stand out from the competition. If your property frequently deals with power outages, a reliable power backup is beneficial to your tenants’ satisfaction .

Alternatively, the initial investment costs may be difficult to justify for some landlords looking for a quick ROI. Solar batteries are considered a long-term investment, which sees its return over a long period. If your current property already has solar panels that produce excess energy, this may be enough for many landlords, especially if your rental isn't affected by regular blackouts.

Solar batteries can improve the long-term value of your rental property, though it's not a catch-all solution. Landlords need to carefully consider several factors, such as the upfront cost, their tenants’ preferences, and the specific energy needs of their property’s area, before investing in solar batteries. If you’re unsure if solar batteries are right for your property or if you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

If You Have These 3 Things, Consider Putting Solar Panels

getdustin@icloud.com (Dustin Edwards) — Thu, 22 May 2025 21:53:36 GMT

As California becomes more and more electric, the idea of installing solar panels becomes more enticing for many landlords. While the initial investment may be quite expensive, there are a few things to consider before making the decision. By keeping these factors in mind, you can greatly reduce the overall cost of installation as well as reduce your operational costs throughout the lifespan of the solar panels.

Below, we’ve compiled three considerations you should keep in mind before making your decision to install solar panels on your rental property.

Long Term Ownership

For landlords whose plan is to own their rental property for a long period of time, a solar energy system can be a strategic investment with long-term benefits. The longer you own a solar panel system, the lower the operational costs can be for your rental property. Unlike a homeowner, who sees their return through their energy bill. A landlord sees their return through lower vacancy rates and higher lease renewals. The initial expense associated with installing solar panels can be offset over time through reduced energy costs, improved property efficiency, and adjusting your property’s rent accordingly.

Tenants are quite receptive to features that lower recurring expenses, such as their electricity bill. With so many people working from home, a lower energy bill can result in an improvement in tenant satisfaction , as well as reduced vacancy and turnover rates. The use of solar panels fits well in a long-term investment strategy that focuses on keeping operational costs low and reliable while improving your rental property’s value .

Stand Out From the Competition

In a competitive rental market, such as in Long Beach, CA. Features such as solar panels can help your property stand out to prospective tenants. Features such as solar panels can increase a rental property’s attractiveness to many tenants, though, specifically environmentally conscious individuals and younger tenants tend to gravitate towards rentals with solar panels more. Properties that are energy efficient appeal to renters who prioritize lower utility bills and more sustainable living conditions. These features may influence a prospective tenant’s decision when choosing between rentals of similar characteristics and space.

Additionally, tenants who are interested in sustainability often care for the rental and follow the rules better than others. They are also more likely to opt into lease renewals. This means that solar panels can improve your bottom line through a more consistent monthly rental income due to the reduced vacancy and turnover rates.

Your Roof is in Good Shape

It goes without saying that your roof needs to be in a structurally sound condition in order to install solar panels. In general, a roof is expected to have a lifespan of twenty to twenty-five years, If your roof still has over fifteen years of proper functionality, it's ideal for installing solar panels without requiring additional costs for repair.

If your roof is in good condition and won't require repairs in the foreseeable future, you’re far less likely to face problems that would require you to remove the solar panels temporarily. This can be expensive, which is why it's important you don't properly inspect your roof before making the decision to install solar panels.

Installing a solar system on your rental property offers measurable benefits to your bottom line in reducing your vacancies and turnover rates, as well as keeping your rental property competitive in the market. If you’re unsure if your roof is structurally sound to install solar panels or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

When To Include Utilities in Your Monthly Rent

getdustin@icloud.com (Dustin Edwards) — Sat, 17 May 2025 03:25:45 GMT

Many landlords have considered including utilities in their rent prices when trying to stand out in the rental market. Utilities can make up a significant portion of your tenant’s monthly expenses. By including the utilities, you can attract prospective tenants who would rather pay one lump sum for their expenses rather than manage multiple bills every month.

Today, we’ll explore when it makes sense to include utilities in your monthly rent and offer guidance to help you make an informed decision.

Pros and Cons for Tenants and Landlords

There is no denying that including utilities can make a rental property stand out and be more attractive to prospective tenants. Especially in a competitive rental market. It makes it simpler to process the rent while also reducing administrative burdens. Though landlords run the risk of having to absorb excessive utility costs if a tenant uses more than expected. This can affect your bottom line and tenant satisfaction if additional disagreements over utility usage with your tenant.

Utilities typically refer to essential services such as water, electricity, gas, or trash collection. Occasionally, this can also include internet services or cable. Including utilities in the rent offers the convenience of a single monthly payment for your tenant. This helps them budget easier, and removes the hassle of managing multiple utility bills for them. This system is especially appealing for short-term tenants or prospective tenants who would rather simplify their monthly expenses.

Although this can result in a higher rent payment, meaning some tenants may argue that they are being overcharged or charged an unfair amount. Due to the fluctuating costs of utilities, it can also be difficult to accurately predict your monthly earnings. It's also possible for some tenants to take advantage of this and overuse the utilities as their less incentive to be conservative with the utilities.

When to Include Utilities

Including utilities in rent works the best under specific circumstances. For example, short-term leases, furnished apartments, or investment properties in high-demand areas are oftentimes more successful with utilities included in their rent. These arrangements can provide convenience and a straightforward pricing structure for tenants who would rather not manage separate utility accounts.

As a landlord, offering your tenants a simplified, all-inclusive rent can make the property far more appealing to prospective tenants. This can help reduce stress for you and your tenant during a turnover period and reduce overall vacancy periods.

Which Utilities Should You Include

As previously stated, there are many utilities necessary for tenants. As a landlord, you don’t necessarily need to include them all in your monthly rent. In Southern California, it's not uncommon for landlords to include some utilities while having their tenants pay for others. A common example is the water and trash disposal being included in the rent, because generally water is relatively inexpensive, and trash disposal is a set price, meaning it's easier to predict your expenses.

Knowing when to include the utilities in the rent is essential to calculating a fair rent price. Landlords will need to be able to estimate the average utility costs based on the size of the property and the number of tenants moving in, then adjust the rent accordingly. Some landlords set a fixed utility fee that covers the average usage, while others may cap the utilities to prevent tenants from overusing the services.

Alternatively, including additional utilities such as electric and gas is a great economic change that can make your property stand out , though the landlord assumes all responsibilities to the utility companies. This can be difficult for some landlords to manage, especially those with an extensive portfolio. While including utilities in the rent has several advantages, it's important to know how to balance them with the potential disadvantages.

Not every rental property needs to include the utilities in its rent, this will depend greatly on the specific needs of the landlord and tenants. Landlords will need to carefully assess the market to calculate a fair and competitive rent. If you need help determining how much to charge for utilities or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 Signs It's Time To Replace Your Rental's Roof

getdustin@icloud.com (Dustin Edwards) — Thu, 08 May 2025 23:03:56 GMT

Your property’s roof is its first line of defense from the sun, rain, and wind. Which means it will eventually wear out. Many landlords overlook this since a roof is generally designed to last twenty or so years, and they simply forget until the signs begin to show.

Below, we’ve compiled a short list of five signs it’s time to replace your roof for when doing property inspections.

Tenant Complaints

When your roof has become damaged, your tenants will likely be the first to notice. When tenants report water stains on the walls and ceilings, it's a sign that you should inspect your roof. In severe cases, your tenant may notice water dripping from roof leaks. This moisture, if left unchecked, can lead to the growth of mold and mildew, which can be a health concern for your tenants.

Some tenants simply move out, assuming the odors or recurring respiratory issues are caused by the rental and not just the roof. This leaves you with a vacancy to manage, and if you’re unable to find the leak during this period, the following tenant may have a negative experience as well. Many landlords have found it beneficial to have property inspections regularly in order to preserve both the property’s value and the tenant’s trust.

Roof’s Age

Even with the highest quality materials, a roof still has a shelf life. Most roofs in Long Beach, CA, use asphalt shingles, and these generally last around twenty to twenty-five years. Once they've passed this threshold, the faults begin to show themselves. A sagging roof line is a sign that your roof is due to be replaced, as it's a serious concern. It often indicates that moisture has entered the underlying decking and caused some structural damage.

From ground level, you may not be able to notice these problems. However, during an inspection of the property, an experienced inspector should be able to notice soft spots or contours on the roof. These forms of damage often get worse over time. Coordinating these inspections and preventative maintenance can be difficult for landlords with an extensive portfolio, which is why many enlist help.

Shingle Damage

Damaged shingles are one of the most obvious signs that your roof is deteriorating. If you ever notice cracking, curling, or patches with missing shingles, the roof is no longer providing adequate protection to your property. Although you can buy time with spot repairs, if the entire roof shows signs of damage, it’s likely time to replace the roof.

Aside from protecting your property, the roof affects your property’s curb appeal. A patchy and worn-out roof can drive down the rental appeal. Prospective tenants will easily be able to spot the differences between pictures taken in the listing when compared to the property in person. This can not only hurt your chances of filling a vacancy, but it can also hurt your reputation as a landlord.

Granules in Gutters

After heavy rainfall, it's a good idea to inspect your rain gutters. If you or your property manager notice large amounts of black or gray granules, it means your roof shingles are breaking down. These granules are critical for shedding water off the roof. Once the granules fall off the shingle, the shingle begins to degrade faster under the sun and elements.

If you’re not sure how old your roof may be, Loss of granules can be a strong indicator that your roof is nearing the end of its lifespan. Regular gutter cleaning and roof inspections can help catch these problems early before they become expensive repairs .

Increase in Utility Bills

Your tenants complaining about their utility bills increasing or poor temperature control in the rental may not realize the roof is to blame. A failing roof can result in subpar insulation and ventilation. This can lead to higher heating and cooling bills for your tenant. This can be frustrating for your tenants while putting more strain on the HVAC system. This puts more wear and tear on your HVAC system.

Being aware of the warning signs and being proactive can protect your rental property, maintain tenant satisfaction , and avoid emergency repairs. If you need help inspecting your roof or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Which Mailbox Cluster Should You Buy?

getdustin@icloud.com (Dustin Edwards) — Wed, 30 Apr 2025 17:50:31 GMT

For those landlords with multi-unit rental properties, mailbox clusters may seem like a small detail. However, they’re quite important, as they allow for efficient mail distribution, instead of a carrier going to each resistance individually. This can reduce foot traffic, package thefts, and complaints, which can improve tenant satisfaction .

There are a few different styles of mailbox clusters to choose from. Today, we’ll review the differences between mailbox clusters and how picking the right one is easier when you know what you’re looking for.

Main Styles of Mailbox Clusters

The first style of mailbox cluster is the cluster box units (CBUs). These are freestanding boxes, mounted on a pedestal. These are typically installed outdoors and come in configurations of eight to sixteen units plus parcel lockers for larger packages. CBUs are secure and weather-resistant, but they need little maintenance. They are ideal for properties with outdoor common areas. CBUs are known to be cost-effective over long periods of time, as they rarely need replacement and are easily serviced when needed. For investors with multiple buildings, CBUs provide a simplified mail delivery that can reduce confusion between tenants and carriers.

4C horizontal mailboxes are similar to the CBUs in design, though they’re installed inside the walls of a building’s lobby. These are typically installed when the building is first being constructed or major renovations are occurring. Additionally, when installed properly, they meet the ADA accessibility standards, which makes 4C mailboxes a smart, future-proof investment. These mailbox clusters can also help to improve the aesthetic of your property. While having a clean look, they’re also highly secure as they’re built into the lobby walls.

The 4B+ and vertical mailboxes are generally used in older buildings. Though they are no longer USPS compliant, they are approved for replacement and retrofit installations of existing models. They may preserve the charm of historic buildings, though most tenants would rather have secure mail. Vertical mailboxes are often the source of complaints due to their narrow size and vulnerability. This can lead to letters being damaged upon delivery as well as an increase in package theft.

What to Consider

When making your choice of mail clusters, there are a few items you should consider. Think about where you’re going to install the cluster. For example, if you have an exterior gate entry system , you may want to install an outdoor mailbox cluster. Many modern adults receive deliveries regularly, meaning you should consider mailbox clusters with more parcel lockers. USPS compliance is crucial for new installations as these have strict regulations that govern placement, height, and accessibility. This is why properties subject to ADA requirements oftentimes go with 4C horizontal mailbox clusters.

The appearance of the mailbox cluster is also important. As this is going to be a visible part of the property, it can influence first impressions and curb appeal. Finally, you’ll need to understand how durable you’ll need the cluster to be, especially if it's an outdoor unit, as it may be subjected to vandalism and tagging .

For the majority of landlords looking for a new mail cluster, you can't go wrong with CBUs or 4C horizontal mailboxes, as they’re both seen as secure, built to last, and USPS compliant. Whereas vertical mailboxes should only be used when necessary. Whichever you decide to install, the right mailbox cluster should be part of a well-managed property. If finding the right mailbox cluster feels overwhelming or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 3 Light Fixtures To Bring Value To Your Rental

getdustin@icloud.com (Dustin Edwards) — Thu, 24 Apr 2025 03:49:59 GMT

One of the fastest and most cost-effective ways to improve the look and feel of your rental property is by upgrading your lighting. Choosing the right fixture doesn't just illuminate the room, it can add style, improve energy efficiency, and make the rental more appealing to prospective tenants .

Below are the top three light fixtures that help in bringing value to your rental property.

LED Recessed Lighting

Many older homes are currently using center light fixtures for each room. These fixtures require the typical bulb we’re all familiar with. Though you can purchase LED bulbs to improve efficiency, these fixtures tend to be underpowered for the amount of light needed in a room. LED recessed lighting is a smart investment, especially if your rental is still using older fixtures with older fluorescent or incandescent bulbs.

Recessed lighting provides a clean and even lighting without taking up visual space or looking out of place after a tenant has decorated the rental. LED lighting also consumes significantly less energy when compared to older lighting. This means they require less maintenance, which means fewer calls for you. While requiring the highest initial investment, recessed lighting’s sleek look and low maintenance are typically seen as a worthwhile investment.

Accent Lighting

Pendant and rope lighting can be used to make a strong visual impact. Pendant lights over kitchen sinks or dining areas make for an inviting visual appeal. They’re a sign of thoughtful design and can help your rental property stand out when compared to rentals with more traditional lighting packages.

For pendant lighting, attempt to find fixtures with timeless qualities, such as matte or brushed finishes, to appeal to a broader range of prospective tenants while keeping your rental looking modern. Rope lighting, on the other hand, wants to be hidden; you can take advantage of crown molding to hide the lighting in, which can result in a unique experience with hidden mood lighting. Although this lighting may not be as useful, accent lighting helps your tenants feel welcomed as they see the space was thoughtfully designed.

Ceiling Fans

In Southern California, a ceiling fan is a great selling point, as even our winters can be hot. In warm climates, ceiling fans with lighting are an upgrade that most tenants love. While they may stand out, they provide airflow to reduce the cost of cooling. Older fans used traditional light bulbs, though in recent years, ceiling fans are seen with sleek LED fixtures instead. This practical combination of utility and lighting is best used in bedrooms and living rooms.

While the light on the fan won't be able to compete when compared to recessed lighting, these are the most straightforward installations. Combining two important functions in one unit saves ceiling space and installation costs. Tenants will appreciate the added comfort and practicality, especially during the hotter months.

Lighting doesn't need to break the bank; the right fixtures in the right location can offer returns by making your rental more efficient and attractive. For fixtures, you should consider investing in ones with neutral finishes that won't clash with your tenant’s decor, such as the aforementioned matte or brushed finishes, alternatively, you can use a white fixture or something similar that matches the walls. If budget allows, consider smart lighting fixtures, which function just like traditional features with the exception that they can be controlled via an app on your tenant’s mobile phone. Whether for efficiency or style, lighting can help make your property draw interest . If you need help deciding on what lighting fixtures to choose from or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Do You Have A Tankless Water Heater? Do This Maintenance Item Now

getdustin@icloud.com (Dustin Edwards) — Fri, 18 Apr 2025 13:59:45 GMT

Tankless water heaters are one of the more convenient and cost-saving upgrades a landlord can do to their rental property, however, this is only the case if the tankless water heater is being maintained properly. One critical task that is often overlooked by landlords is flushing and descaling the heat exchanger. Understanding why this matters and how to manage it can help you protect your investment and avoid complaints from your tenant.

Below, we’ll go over why flushing your tankless water heater is important and what signs to look out for when inspecting your tankless water heater.

Importance of Flushing a Tankless Water Heater

Tankless water heaters are an intelligent investment, as they’re significantly smaller than traditional water heaters, energy efficient, and long-lasting when properly maintained. If not maintained properly, even the best units may quickly fail. Flushing and descaling your tankless water heater is essential preventative maintenance. Southern California is known for having hard water, which is water that contains elevated amounts of dissolved minerals like calcium or magnesium. Over time, these minerals build up within the heat exchanger, which leads to restricted water flow. This reduces heating efficiency and may even cause the system to overheat and shut down entirely.

By overlooking this maintenance, you can significantly reduce the lifespan of the unit, which can cost thousands in early replacements. Additionally, your tenants will likely complain about the inconsistency in water temperatures or the noise coming from the unit before major repairs are needed. It's important to know how hard the water in your rental property is, as this determines how often you should flush and descale your tankless water heater. Generally, it should be done once a year, though for homes with harder water, it should be done every six to nine months.

How It’s Done

If you’re an investor who prefers to do things themselves, the flushing process isn't too complicated. However, it does require specific tools, patience, and care. Flushing is typically done using a bucket, hoses, a submersible pump, and commercial descaling solution or vinegar. The bucket is filled with the solution, hoses are installed onto the cold water inlet and the hot water outlet. After circulating the cleaning solution for up to an hour, a clean-water rinse is necessary to remove any leftover residue.

For those DIY inclined landlords and onsite managers, a flush kit and a simple step-by-step guide make the maintenance easier. Although many landlords, especially those with growing portfolios, prefer to hand this job to professionals. As many landlords would rather invest their time in other projects, professionals can provide documentation and warranty on their work.

Signs of Neglect

Like most core system maintenance, descaling and flushing your tankless water heater shouldn't be left for the tenant to do, as they may ignore the signs or damage the water heater accidentally due to a lack of experience. When inspecting the property, pay attention to signs such as how fast water heats up, error codes on the unit, or fluctuations in water temperatures. Preventative maintenance on your tankless water heater doesn't just prevent breakdowns, it supports tenant satisfaction and reduces long-term operational costs.

As previously stated, Southern California is well known for having hard water, meaning this preventative maintenance can be the difference between frequent maintenance requests and reliable long-term performance.

Flushing and descaling your tankless water heater is the most important maintenance item you can do for it. While being a small effort, it can prevent major issues while keeping your tenants satisfied. If you’re having a hard time doing it yourself or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Signs You Need To Replace Your Property's Roof

getdustin@icloud.com (Dustin Edwards) — Fri, 11 Apr 2025 03:41:16 GMT

A deteriorating roof can lead to expensive repairs and strain the relationship with your tenant. This, in turn, prolongs vacancies and harms your bottom line. The key is discovering the problems before they become too big to ignore.

Below, we’ve gathered the three signs that show it's time to replace your rental property’s roof.

Sign 1: Visible Damage

Possibly the clearest sign that a roof needs to be replaced is visible wear. Keep an eye out for missing shingles or cracked tiles. While it looks cosmetic, if the edges of the roof begin to curl or there are areas of the roof that are sagging, it can oftentimes be a sign of underlying structural problems. Roofs generally have a lifespan of twenty to twenty-five years for shingled roofs, while tile roofs have a more varied lifespan, though generally they last between thirty and fifty years.

If you ignore the visible damage, it can lead to water intruding into the attic and walls. This can result in tenants complaining about said leaks in the short term; however, if not fixed, the added moisture can cause water damage to the drywall and framework of the home. It is also a breeding ground for mold and mildew, which can lead to your rental becoming uninhabitable. Routine inspections of your roof should be done seasonally in order to spot these signs early. Rental properties where the landlord does not live on the property or have on-site managers tend to miss these crucial early signs.

Sign 2: Recurring Leaks

A single roof leak can be the result of debris blown by the wind, pest damage, or an accidental puncture, though if your roof leaks repeatedly, it may be time to consider a replacement. Recurring leaks and water stains on the ceiling or the higher parts of the wall may indicate widespread roof failure, and not just trouble spots. As previously mentioned, this water intrusion can lead to mold and mildew, which can be harmful to your tenants. The water can also rot wood and damage your rental’s insulation. These costs can compound the longer you wait.

These unresolved leaks can frustrate your tenants and risk potential lease renewals. Tracking water damage across multiple properties can be even more stressful without a system in place. It's not uncommon for landlords to work with professionals who have the resources needed to monitor these patterns and recommend when to schedule repairs before the problems affect your tenants.

Sign 3: Expensive Energy Bill

If you notice your property’s heating and cooling costs have increased significantly, the roof may be the culprit. Poorly insulated roofs force the HVAC system to work much harder to maintain desired temperatures. Having good tenant communication is crucial in preventing further damage. If your tenant makes a complaint that their energy bill is suddenly significantly higher, make sure to have an inspection of the house done. This is a symptom of a number of problems with your rental, and a damaged roof is a significant one. In multifamily rental properties, these problems can quickly compound as the damage can spread to multiple units.

Replacing an old or inefficient room can improve energy efficiency while reducing tenant complaints. A recently replaced roof can also be an enticing selling point to prospective tenants , as it improves curb appeal and energy efficiency.

Knowing when to replace your roof is one of the most important steps to protecting your investment property and avoiding tenant satisfaction. Recognizing the signs of a damaged roof can save you thousands in repairs while maintaining steady rental income. If you need help inspecting your properties for damaged roofs or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Reasons Your Property Needs Gate Entry Systems

getdustin@icloud.com (Dustin Edwards) — Thu, 03 Apr 2025 20:29:16 GMT

Ensuring your property remains desirable, secure, and competitive in the rental market is essential as a landlord. Installing a gate entry system is one of the most effective ways to achieve this. Gated access provides more than an added layer of security, it also improves your tenant satisfaction while controlling your property’s access. A gate entry system is also more attractive to higher quality tenants.

Below, we’ll go over three reasons why your property needs a gate entry system and how it can improve your bottom line.

Tenant Retention through Security

Security is one of the primary factors for tenants looking for a place to live. A gated entry system helps deter would-be trespassers, burglars, and unauthorized visitors. While not foolproof, a gate entry system creates a safer environment for your tenant while fostering peace of mind. When a tenant feels safe in their home, they’re more likely to ask for lease renewals, which can reduce turnover and vacancy rates, ultimately benefiting your bottom line in the long term.

Additionally, an entry system can contribute to the sense of exclusivity, which can reinforce the idea that your property is well-maintained and protected in the eyes of your tenants. As for new prospective tenants, security features can be the make-or-break decision. For many landlords, this reduces costly turnover rates, reduces the time spent looking for a new prospective tenant, and provides a steady stream of income.

Controlled Access

One of the biggest hurdles of managing your property is having control over who enters the premises. Especially in apartment buildings, a gate entry system provides access to your residents and their guests. This significantly minimizes unnecessary foot traffic, reduces the risk of loitering, and stops unwanted solicitors from interrupting your tenants throughout the day.

Having controlled access is particularly beneficial for screening service providers. This includes delivery services, maintenance personnel, and contractors. With less foot traffic, contractors and handymen can more easily respond to maintenance requests and repairs . This added layer of protection aids in protecting tenants from package thieves as well. Which in recent years has become a growing concern for tenants who rent, especially in apartment buildings.

Competitive Advantage

A gate entry system is more than a simple security feature; to prospective tenants, it's a selling point that helps your rental property stand out in a competitive rental market. It's been shown that many high-quality tenants specifically look for properties with this form of protection. This is seen as an added sense of safety and security. Prospective tenants who tend to prioritize safety and security are oftentimes seen as responsible tenants who are willing to pay a premium for a secure living environment.

Likewise, gated access differentiates your property from those properties without a secure entry, which justifies competitive rental rates to many prospective tenants. When all other comparisons are similar, a prospective tenant is more likely to choose a property that offers improved security and controlled access over a property that does not.

Installing a gate entry system is a practical investment that improves security, helps secure tenant retention, and strengthens your rental property’s appeal in the competitive rental market. However, managing gated access, tenant security concerns, and general property maintenance needs a hands-on approach. This can be difficult for new and experienced investors as it takes up time and resources. If you’re looking for help installing a new gate entry system or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

When Do You Need To Have A Manager On Site?

getdustin@icloud.com (Dustin Edwards) — Fri, 28 Mar 2025 22:18:55 GMT

Knowing the best time to hire an on-site manager can significantly impact your property’s efficiency and tenant satisfaction and improve your overall bottom line. As a landlord, deciding whether to hire an on-site manager involves weighing factors such as your legal obligations, the size of your property, and your tenant’s needs. While single-family homes may not require constant supervision, multi-unit dwellings can oftentimes benefit from having a hand on-site.

Below, we’ve gathered four reasons why a landlord should consider having a manager on-site.

Legal Requirements

First, you’ll need to understand your legal obligations to your tenants. For example, in California, if your rental property has over 16 units and the owner doesn’t reside on-site, then another responsible person must live on the premises, typically the on-site manager, housekeeper, or janitor. This is generally to have a responsible party for the day-to-day operations.

Even if they’re within the legal threshold, many landlords prefer to have an on-site manager to help ensure a timely response to tenant disputes and complaints. This can, in turn, reduce the risk of legal claims and turnover rates.

Property Size

Even if the rental property has less than 16 units, the size and complexity of the property can sometimes justify having an on-site manager. In properties with a high volume of tenants, issues such as maintenance requests, noise complaints, and lease enforcement can occur more often. Equally important is the complexity of the property. If your property has multiple buildings, many amenities, multiple stories, or a large footprint, having an onsite manager is incredibly beneficial. Gyms, poos, and parking structures typically require regular oversight and maintenance. An on-site manager can help to ensure these facilities not only remain clean but also remain functional and compliant with local safety regulations.

Operational Efficiency

An onsite manager can significantly improve the efficiency of how your property operates. For emergency situations such as burst pipes, fires, or break-ins, an onsite manager can respond immediately. By taking quick action, the onsite manager can reduce the damage done to the property while also ensuring your tenant’s safety. Without an onsite manager, your tenant needs to contact you directly, which means that at any hour of the day, you may need to be available.

In the case of general repairs and maintenance , an onsite manager can ensure repairs are promptly taken care of. This is essential for tenant satisfaction. Relatively minor issues, such as electrical breakers tripping or small plumbing leaks, can be taken care of quickly. This reduces the risk of larger, more expensive repairs if the minor issues are left ignored.

Rent Collection

Though there are many other options for paying rent nowadays, an on-site manager can oversee rent collection. They can be useful in enforcing late payment policies and addressing violations on the lease as they happen. This also gives you immediate information about who’s paying late and why, allowing you to make a better-informed decision about future lease renewals.

Their presence typically deters squatters and discourages poor behavior from your tenants. This creates a more stable and comfortable environment for your tenants.

Deciding whether or not your rental property can use the help of an on-site manager will depend on a number of factors. Such as the size of your property, the volume of your tenants, and the demands of your rental property. As well as your abilities in repairs and property management . If you’re still unsure if you need an on-site manager or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 Ways to Reduce Tagging Outside Your Property

getdustin@icloud.com (Dustin Edwards) — Fri, 28 Mar 2025 14:09:09 GMT

Graffiti and tagging are persistent challenges for landlords, especially in urban areas. Aside it being an eyesore, tagging can reduce your property’s value, disincentivize potential tenants and lead to expensive clean up. Although no property is ever immune from the problem, there are proactive strategies that can noticeably reduce the frequency of vandalism.

Today we’ll explore five effective methods to help landlords reduce tagging outside of their property.

Anti-Graffiti Coating

One of the more practical solutions for landlords is the use of an anti-graffiti coating on frequently targeted areas. There are many different types of anti-graffiti coatings, though they all are similar in their application. This coating leaves behind a protective layer that prevents spray paint and markers from bonding with the wall. This results in graffiti being easier to remove, typically only using a power washer.

An additional benefit of anti-graffiti coatings is that it acts as a deterrent. Taggers generally are less likely to target the same property if their graffiti is washed off quickly. This method also lowers your long term maintenance costs, as repeat tagging doesn't lead to necessary repaints or permanent damage.

Landscaping as a Deterrent

Landscaping can serve a number of roles, in this case, strategic landscaping can be used as an aesthetically pleasing method for preventing tagging. Planting dense foliage or thorny bushes along frequently targeted walls, a landlord can create a physical barrier making it difficult for vandals to reach your walls.

This method of deterring tagging serves two purposes. It discourages vandalism while improving your rental property’s curb appeal. While this method does also increase the workload for general maintenance, it's less likely that a shrub will be tagged instead of your outside walls.

Decorative Artwork or Lighting

While not specifically designed as a graffiti deterrent, having visually appealing and well lit spaces can be an effective strategy for deterring tagging. It's been shown that vandals are less likely to deface areas that are well lit. Artwork or other creative displays can serve as a deterrent as well, as taggers sometimes second guess vandalizing artwork. By incorporating decorative lighting and artistic elements, landlords can protect their rental property while also improving their curb appeal. This can not only reduce overall vandalism, it may also attract more tenants, improving your bottom line.

Security Lighting

Proper security lighting is a great deterrent against tagging. Criminals are less likely to commit a crime when they’re brightly illuminated. Motion sensor lighting can detect a tagger, and expose them with a bright light. This sudden exposure makes it riskier for vandals to continue tagging, thus reducing the likelihood of graffiti.

Ideal locations for these lights include alleyways, backyards and any areas that are either difficult to see or are frequently targeted by taggers.

Security Cameras

There are few deterrents as effective as security cameras with clear warning signs. Even the suggestion of potentially being recorded can make some taggers second guess themselves. Cameras also provide a layer of accountability as it increases the chances of identifying the tagger and prosecuting them. For the best results, combine security cameras with security lighting, this lets the vandal know that they’re being watched, and if caught there will be consequences.

Tagging is an expensive and frustrating problem for landlords, especially in more urban neighborhoods. However, by combining multiple methods, landlords can significantly reduce the probability of vandalism on their property. This not only helps your property maintain its value, it creates a safer environment for your tenants . If you need help dealing with your tagging problem or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Must-Have Documents to Refinance Your Property

getdustin@icloud.com (Dustin Edwards) — Thu, 20 Mar 2025 17:25:27 GMT

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What Is a Lease-Up Report?

getdustin@icloud.com (Dustin Edwards) — Fri, 14 Mar 2025 00:47:16 GMT

Making sure that your rental property remains occupied and is profitable is one of the most important objectives as a landlord. An effective way to track your lease performance is through a lease-up report. This report gives landlords a significant insight into how well your rental units and properties are being rented. It also shows how your marketing efforts are performing as well as whether your rental pricing needs a reevaluation or if they’re effective.

For landlords, understanding a lease-up report can help you not only understand the ins and outs of your rental property, but also help you to evaluate your property management company , and make informed decisions about your rental property’s future. Today, we’ll go over what a lease-up report is as well as how to use it in your real estate strategy.

What is a Lease-up Report?

While being incredibly important, many landlords may not realize how significant this report can be. A lease-up report is a document that tracks the progress of leasing a rental property. This report refers to the process of marketing and ensuring your rental units reach full occupancy in new developments or significantly renovated properties or buildings with high vacancy rates. The lease-up report provides landlords with data on leasing trends, marketing successes, and the overall efficiency in filling units. Landlords can determine whether their property is performing as expected, or needs an adjustment in their marketing by analyzing the information in the lease-up report.

A lease-up report should include key statistics about both occupancy as well as leasing progress. This includes the percentage of units leased during a specific time frame, and the number of vacant units when compared to occupied units. Additionally, it shows the start dates of new leases and tenant moves in schedules. Knowing these numbers helps landlords understand how quickly a rental property is reaching full occupancy, and whether or not leasing goals were met.

Why the Lease-up Report Is Important for Landlords

A lease-up report is more than arbitrary numbers, for landlords it's a great tool for assessing the effectiveness of a property management company. As this helps you determine if the property is performing as it is expected, or if you need to speak to your property managers about assessing rental rates, or changing leasing strategies. This data helps landlords reduce their risk of losing potential rental income due to a high number of vacancies, and turnover rates. It also gives you the necessary information to make an infrared decision about your rental property instead of basing it on guesswork or outdated data.

If you want to use your lease-up report for evaluating your property manager, consider comparing the number of leased units with the initial leasing projections. If the leasing is significantly lower than expected, it could signify poor marketing choices, uncompetitive pricing or ineffective leasing strategies. By focusing on these areas, landlords can determine if their rental property is being taken care of effectively by their property manager or if changes need to be made.

A lease-up report is an incredibly valuable tool for landlords who want to track their rental property’s leasing performance while maximizing their rental income. By understanding your occupancy rates, marketing success and rental assessments, you as a landlord can make decisions based on research and data. Regularly reviewing your property’s lease-up report can help you improve your bottom line while keeping your property managers accountable for their performance. If you would like a breakdown of your lease up report, or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Ask Property Managers For These 3 Reports Every Month

getdustin@icloud.com (Dustin Edwards) — Fri, 07 Mar 2025 02:44:52 GMT

Like any business, it's important to be informed about your rental property’s financial health. Property managers should be able to provide landlords with several specific reports every month. Though, some reports are more significant.

Below are the three reports you should ask your property managers for, every month.

Rent Collection and Income Report

As one of the most critical monthly reports, landlords should request rent collection and income reports. It provides a clear overview of which tenants have paid, and more importantly, who is late on rent and who may have any outstanding balances owed. Without access to this information, landlords with an extensive portfolio may unknowingly experience financial shortfalls, especially if multiple tenants fall behind on their rent. A good property manager should also be able to point out trends within the report. Using this information, you can then determine if you want to assist them if they’re otherwise high quality tenants, or opt to not renew their lease.

Aside from tracking payments, this report should include details on any fees accrued by tenants, such as late fees, bounced checks, or if partial payment was made. For landlords relying on rental income to cover for mortgage payments, being aware of potential income setbacks can prevent financial stress and keep your investment property running efficiently.

Expense Report

Like many businesses, investment properties will have expenses. While tracking rental income is important, it's equally important to keep track of your rental property’s expenses. An expense report should provide a detailed breakdown of any costs related to the property. This should include costs for routine maintenance, vacancy preparation, emergency repairs , and more. A property that is well maintained should have predictable expenses, meaning any spike in costs should be closely examined.

A comprehensive expense report can also help landlords budget for future investments, upgrading the rental property. As well as allowing you to compare monthly expenses over time to discover new trends. As an example, seeing a spike in plumbing repairs or blockages can be the result of roots growing in the sewage drain, or older buildings, it can be a sign that the plumbing needs to be replaced. If not looked into, it may result in an expensive emergency repair and thousands of dollars in damages.

Occupancy/Vacancy Report

Having a high occupancy rate is the best way to maintain a steady rental income. This makes the occupancy/vacancy report a crucial document for landlords. This report details which units or homes are currently occupied, which lease agreements are expiring soon, and what, if any units are vacant. Without this information, landlords risk being caught off guard if a tenant moves out unexpectedly, or new leases being delayed and not signed on time.

Additionally, this report is especially valuable in assessing your property manager’s effectiveness. If units are vacant for extended periods, it may be the result of poor marketing , rent assessment or lack of proactive tenant retention strategies. By monitoring this report closely, it can not only help you stay afloat for unforeseen financial issues, it can help you understand if your property management company is right for you.

While a good property manager should provide you with more than just these three reports, these help landlords stay prepared, maintain cash flow, control expenses, and reduce overall maintenance. If you’re looking to be better informed about your investment property or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

How Often Should You Meet With Your Property Management Company

getdustin@icloud.com (Dustin Edwards) — Fri, 28 Feb 2025 18:27:51 GMT

The frequency in which you meet with your property management company may change based on how your rental property is doing. For many landlords with established property managers, they may only meet quarterly to discuss long-term planning. Though in general, the answer depends on the situation.

Below, we’ll go over the different frequencies you should meet with your property management company, and why the answer changes.

Monthly Meetings

Meeting with your property management company at least once a month is most typical for landlords. This meeting helps to maintain consistent oversight of your rental property. These meetings are crucial for reviewing financial performance, as well as discussing any issues tenants may have. Including complaints, or upcoming maintenance. Your financial update should include reports on rent collection, expenses, and overall earnings potential. This allows you to make informed decisions about your property’s rental rate, or if any cost cutting is necessary.

Checking in with your property management company monthly also allows you to address concerns your tenants may have before they escalate. This helps maintain both tenant satisfaction and lower turnover rates. This is also a good time to evaluate your routine maintenance schedules to ensure proactive measures are in place, minimizing costly repairs in the future. For landlords with an expanding portfolio, these monthly meetings are crucial for tracking the performance of your rentals while identifying trends that need attention before they become problematic.

Bi-Weekly Meetings

During vacancies, you may meet with your property managers every other week. Many things can change during a vacancy period, and meeting with your property management company more frequently can help streamline the process. This helps landlords to stay up to date on the marketing efforts, tenant applications, and property showings. Meeting more frequently informs landlords on patterns in the market, which can better inform the marketing strategy , which can lower vacancy periods. These meetings can include discussions over rental pricing approach, tenant screening, and strategies to attract high-quality tenants.

Additionally, bi-weekly meetings allow landlords to review feedback from showing, making any necessary adjustments to improve the rental property’s appeal. This can be minor repairs brought to light, or marketing updates.

Meeting As-Needed

When you hire a property management company , you can request meetings when needed. Though this is generally done when major repairs or emergencies occur. For example, a ruptured water line or electrical failure may require more frequent meetings to identify and resolve the issue. These situations require more attention and quick decision making to ensure the repairs are done promptly. Weekly check-ins allow landlords to monitor repair progress, approve necessary costs and address unforeseen complications.

Communicating frequently with your property manager has the added benefit of keeping your tenants informed about repair timelines as well as temporary solutions to reduce any frustration they may feel. This proactive approach helps to protect your property’s value while reducing the risk of further damage to the property. These meetings are also a good time to review insurance claims, and coordinate with contractors and other tradesmen for repairs that are up to code.

Meeting with your property manager regularly is essential for maintaining a successful partnership. By maintaining an open communication channel, you can foster a productive relationship that is beneficial for both you and your tenants. This can result in a long-term profitable investment. If you’re looking for a new property management company to help manage your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

First 3 Things To Do Should Your Property Need Major Repairs

getdustin@icloud.com (Dustin Edwards) — Wed, 26 Feb 2025 18:17:12 GMT

Needing major repairs to your rental property is only a matter of time. While these kinds of issues are best found during vacancy preparations , it's not uncommon for major issues to be overlooked. For this reason you should always be prepared.

Below is a short list of the first three things you should do if your property needs major repair.

Evaluate the Issue

When major repairs are needed, the first step you should take is to evaluate the extent of the damage. Ideally you hire an experienced professional to determine whether the issue is structural, plumbing, electrical, or another system failure. Assessing the issue thoroughly can help landlords understand the scope of work required for the repair as well as how to prevent future occurrences in their other rental properties. For example, an electrical short circuit may indicate faulty wiring, or overloaded circuits, which may require anywhere from a simple troubleshoot to a rewire. Getting multiple quotes from experienced contractors allows landlords to compare costs, and the time frame allows landlords to make an informed decision.

Addressing safety concerns as soon as possible is crucial for tenant safety. In severe cases where power or water needs to be shut down, you may be required to provide temporary housing while the repairs are underway. Taking decisive action helps to maintain tenant satisfaction and comfort, while protecting your investment.

Communicate with Tenants

Proper communication with your tenants is essential when a major repair is necessary. Tenants need to be informed about the issue swiftly, ideally at this time, you can also provide a timeline for the repairs. Notify them of any potential disruptions to their daily lives, such as noise, or parking issues.

It's important to provide your tenants with regular updates on the repair status, especially if there are disruptions to the norm. By keeping your tenants in the loop, landlords can reduce tenant satisfaction, which can avoid conflict. Keep in mind that your local laws can differ in regards to notifications and tenant rights based on county. This can be difficult to keep track of for a new landlord or an investor with a sizable portfolio. Though a property management company can provide you with resources you may lack.

Hire Professionals

Hiring an experienced professional is essential for major repairs. While handymen are a great resource for general maintenance, for problems with electrical, plumbing and other core systems you’ll feel more at ease knowing a professional has the experience in the field. They are also likely to cover their work with some form of warranty which can put your mind at ease. Using experienced professionals can not only provide quality repairs, it also reduces the likelihood of recurring problems, which ultimately protects your investment property’s value in the long run.

Additionally, hiring professionals should provide you with documentation of the work. You should keep records documenting the repair process, including photos of the before and after. As well as keeping detailed logs of labor costs, materials, and other communications for future reference. This documentation is crucial for insurance claims as it provides clear records of expenses related to property maintenance. Maintaining a paper trail is beneficial in case any disputes arise with your tenants or tradesmen too.

When your rental requires major repairs, it's crucial to act fast. By staying proactive and organized, you’ll not only ensure the property is repaired properly, you’ll also maintain a positive relationship with your tenants. If you want to feel a bit more protected from emergency situations or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

4 Places Where You Should Advertise Your Property

getdustin@icloud.com (Dustin Edwards) — Thu, 20 Feb 2025 21:28:34 GMT

Finding the right tenant for your rental means you need to advertise in the right place. There are many options where to list your rental, though promoting it on the right platform can make all the difference in attracting high-quality tenants . Advertising on the wrong site can lead to high vacancy periods or rent to less-than-ideal tenants.

Today, we’ve gathered four different platforms where you should advertise your property and how they differ from each other.

Online Rental Platforms

Nowadays, if you’re looking to attract as many prospective tenants as possible, you'll need to advertise on the many online rental platforms. These include platforms like Zillow, Apartment.co,m, or Avail. These are great tools to advertise your rental property, as these platforms allow for incredibly detailed property descriptions as well as the use of high-quality photos.

However, you should also consider adding virtual tours, drone pictures, and video tours of the property. This helps a prospective tenant make an informed decision on the rental while weeding out those who are indecisive. A key feature of online rental platforms is the advantage of advanced search filters, which, when used correctly, can help you find a tenant searching for specific keywords.

Social Media

Social media is an incredibly important tool for marketing your rental unit. For example, Facebook, YouTube, and Instagram can be used to market rental properties by uploading photos and videos of your rental. However, you can also take advantage of the creativity allotted by these platforms, creating challenges to engage with other tenants or sharing video clips and memes to encourage communication between landlords and tenants.

These platforms are another great place to experiment with strategies such as the aforementioned virtual tours, live walkthroughs, and video logs to increase engagement.

Local Newspapers and Magazines

While losing traction with younger adults, advertising in the local paper and community magazines is an especially great strategy if your target is an older demographic. This is generally due to older demographics preferring traditional media over digital platforms as these outlets offer familiarity and, therefore, are more trustworthy and appealing to those who rely on print media when searching for a rental.

Print ads have the added benefit of targeting a defined demographic actively looking for a rental near the area. An effective ad needs to use clear and concise language, if possible, including high-quality images that highlight your rental’s key features. Include a compelling call to action followed by your phone number and/or website for easy contact.

Property Manager

Use your property manager’s website to list your rental properties. Not only is it a great use of their resources, but it also attracts prospective tenants looking for rental units that are professionally managed. Advertising with your property manager implies your property is maintained at a higher standard and also provides comprehensive tenant support.

Property management companies also streamline the application process, which includes background checks, rental history, and income. This reassures potential tenants about the level of professionalism of the landlord.

Advertising your Beach City rental property across a variety of platforms can significantly increase its exposure, which can attract a wider pool of potential tenants. Learning who your target demographic is is crucial for knowing where to advertise your property. Using both traditional print media in conjunction with digital advertising methods can ensure you reach as many people as possible. If you’re looking to advertise your rental property or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

What Should You Do If Tenants Are Consistently Late On Rent

getdustin@icloud.com (Dustin Edwards) — Thu, 13 Feb 2025 17:43:14 GMT

Dealing with tenants who consistently pay rent late can interfere with your finances. It's crucial to address these kinds of problems swiftly and professionally to prevent long-term problems. Some solutions can be simple. Others may require legal action. However, the goal is to maintain tenant satisfaction while reducing your vacancy and turnover rates, as these can be even more detrimental.

Below, we’ll share three steps to help you manage tenants who are consistently late on their rent.

Verify Your Lease Terms

The first thing you should do is review your lease agreement. Ensure your agreement states clearly what rent is due, if there is a grace period, and if there is a late fee associated with late payments. Some landlords give grace periods to their tenants, allowing them to pay rent two or three days after the first. It's possible that your tenant assumed a grace period was required by California. Following this, if a late fee was agreed upon, ensure you clearly communicate both the fee and how to avoid it in the future.

Remember that California doesn't have a law stating how much a late fee can be. It only says fees need to be reasonable, which, while not stated, is generally accepted to be between 5% and 10%. If your tenant continues to pay rent late yet never fails to pay their late fees, managing their late payments with a payment plan or restructured lease can be a mutually beneficial solution. Alternatively, you can get ahead of the issue by choosing not to renew the current tenant’s lease while preparing to fill the vacancy with a new, better-qualified tenant.

Communicate With Your Tenant

If a great tenant begins to pay their rent late, before escalating, consider having a chat with your tenant. This can not only show your initiative to your tenant. It can be helpful to both the tenant and landlord. If the tenant in question is facing a temporary financial crisis and otherwise a great record, it may be worth helping them by breaking down their rent into more manageable installments over a set period of time.

If they can recover financially, then you’ve recovered a great tenant who will be grateful and likely a good candidate for a lease renewal. If this isn't possible, consider helping them downsize to another of your rentals. If still not possible, ensure your tenant that while you cannot renew their lease, you’ll be positive as a reference. This maintains goodwill with that tenant. Meaning they’ll view your rental in a positive light and maybe refer new qualified prospective tenants to your rentals.

Notice to Pay or Quit

If your tenant is consistently paying rent late, you have the option to give your tenant a 3-day notice to pay or quit. This simply means you’re giving your tenant three days to either pay the late rent along with the associated fee or move out (which is called quit in the notice). It’ll need the following information:

The tenant(s) full name(s)
The rental home address
Exactly how much rent is owed
All the past due rent must be paid within 3 days, or you must move out.
The name, address, and telephone number of the person to whom rent is due.
If you can pay in person, the days and times you can pay the rent and the address where you can pay it.
If you can pay by mail, the Notice must give the address where you can mail the payment.

Remember to exclude the weekend or court holidays when determining the due date of the pay or quit notice, as California’s court rules state as such. Additionally, it’s always best to consult with a lawyer prior to exploring any of the options above.

Each case is different, and it can be difficult for any landlord to deal with late rent, especially those who are new to real estate or don't have the resources to deal with unique cases. If you need help collecting rent on time or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Signs You Have the Right Property Management Company

getdustin@icloud.com (Dustin Edwards) — Thu, 06 Feb 2025 21:28:08 GMT

Managing a rental property can be time-consuming, tiring, and stressful, particularly for landlords who are juggling multiple units in different neighborhoods. A good property manager can help relieve some of this stress, though the right property management company can help with every aspect of managing your unique rental.

Below we’ve compiled the top three signs you’re working with the right property management company for your property and your bottom line.

Low Vacancies and High Retention

One of the fastest ways to lose money in real estate is poor tenant retention and a high volume of vacancies. A strong property management company should have the resources for an effective strategy for filling vacancies quickly with qualified tenants. For this reason, tenant satisfaction is crucial. Focusing on your tenant’s needs and wants can encourage lease renewals, this in turn reduces turnover rates, significantly reducing operational costs.

Your property management company should collect data on the local rental pricing to stay competitive, while ensuring your tenants feel valued, and cared for throughout their lease term, and beyond. The right property management company shouldn't simply react when a tenant vacates your rental, they should be proactive. This includes communicating regularly and responding quickly to a tenant’s request. Additionally, the right property management company should be able to provide the resources needed to prepare vacancies for the following tenant as well as have a comprehensive list of qualified tenants to choose from.

Thorough Tenant Screening

The wrong tenant moving into your rental can result in late payments, property damage, and in some cases expensive evictions. The right property management company should have a thorough screening process for prospective tenants which may include a credit check, rental history, proof of income, and a background check. While rigorous, an in-depth screening helps to protect your property and ensures consistent rental income.

Aside from screening applicants, the right property management company should also have a streamlined approval process. This can help avoid unnecessary delays for prospecting tenants. Having an efficient system for approvals reduces the amount of time a unit is vacant. While a couple of days may not hurt your bottom line, if delays last for weeks or months, you’ll notice a negative effect on your monthly rental income.

Efficient Maintenance and Repairs

Most investors have maintenance and repairs as one of their top priorities when looking for a property management company. Many landlords look forward to being able to offload maintenance responsibilities, as this can be incredibly time-consuming, especially if you’ve grown your portfolio to include more units. This means the right property manager should be able to handle efficient maintenance and repairs. Timely maintenance is crucial for the satisfaction of your tenants ; however, it also helps maintain your property’s value.

The right property management company should have a network of reliable contractors for a fair price. As well as a streamlined system for managing repair requests, and providing the appropriate service for the job. Regular inspections should also be conducted in order to catch minor issues before a tenant reports them. This shows tenants that you’re committed to their comfort while protecting your investment. A property manager that offers 24/7 emergency maintenance services assures your tenants are always supported, and reduces the risk of severe property damage.

Hiring a property management company is an important decision to make, and choosing the right one can not only greatly impact your rental’s long-term success, it can help generate more profits. This is because a property manager should be seen as an investment and not a cost. If you’re unsure you hired the correct property management company or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

4 Economical Changes to Make Your Properties Stand Out

getdustin@icloud.com (Dustin Edwards) — Fri, 31 Jan 2025 17:24:42 GMT

It’s difficult to stand out in a competitive market. Some landlords invest in expensive upgrades to attract attention , while this is a great way to stand out, there are methods you can use to stand out without breaking the bank.

Below are four affordable changes to make your property stand out against the competition.

Fresh Coat of Paint

a new coat of paint is an easy and cost-effective way to refresh your rental property, it’ll make your rental look cleaner, more modern, and more inviting. Although white has been the color of choice for landlords for years, opting for modern and more stylish colors can help make your rental property stand out and appeal to a wider range of prospective tenants .

Some modern paint colors to consider include warm neutrals like cream or off-white, which help to create a cozy yet sophisticated environment. These colors work well in living rooms and bedrooms. Alternatively light shades of gray offer a modern and elegant look without looking bland, soft grays also work great at complimenting a variety of decor styles. If you want to add character to your rental without overwhelming the space use earthy tones like sage green or dusty blue.

For added depth, consider painting a single accent wall in a deep rich color like navy, charcoal gray, or forest green. This helps to create visual interest without being overbearing. Choosing modern colors helps landlords advertise their properties as fresh, and up to date.

Update Lighting Fixtures

Typically doing electrical work on your rental can be considered expensive however, simply updating your lighting fixtures is a cost-effective way to have your rental stand out. Instead of waiting until major work needs to be done in the rental, consider updating your lighting fixtures to modern, LED fixtures. Not only can you find a wide variety of fixtures to match your rental, you can make your property stand out with excellent lighting.

Other than aesthetics, modern lighting fixtures improve energy efficiency, while replacing outdated fixtures with modern ones. Additionally, LED fixtures generally provide better illumination than fluorescent or incandescent lighting fixtures. They also last much longer than traditional bulbs which can benefit your bottom line over time. Upgrading your rental’s lighting fixtures is ultimately beneficial for both you and your tenant. Consider flush-mounted ceiling lights to help make rooms feel more spacious. At the very least, old incandescent and fluorescent bulbs should be replaced with new LED bulbs.

Smart Thermostat

A smart thermostat is another low-cost upgrade to help your rental property stand out. They are also mutually beneficial for you and your tenant. These devices allow your tenants to manage and control the temperatures through an app. This makes it easier to maintain a comfortable home while conserving energy. This feature is especially attractive to prospective tenants looking to reduce their carbon footprint.

For landlords, a smart thermostat can help to improve the lifespan of your HVAC system. This also helps reduce the cost of energy for landlords when the rental is dealing with vacancy .

Use Mirrors

By strategically installing mirrors in smaller rooms or narrow hallways, you can make a room feel bigger than it is. This is because a well-positioned mirror can create the illusion of depth. For a better effect consider making an entire wall a mirror, such as a small room with sliding closet doors. If you are looking to use this strategy, you should opt for a mirror with a small or thin frame. While not adding any physical space to the rental, it can leave an impact on prospective tenants.

Making your rental property stand out in a competitive market can be difficult, though not necessarily expensive. Consider combining some of the strategies above for better results. Or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 3 New Tactics to Boost Tenant Occupancy

getdustin@icloud.com (Dustin Edwards) — Fri, 24 Jan 2025 03:14:49 GMT

Maintaining high tenant occupancy rates in today’s competitive rental market can be challenging for some landlords, especially those just starting their portfolios. With a large number of options available, attracting and retaining high-quality tenants requires more than the traditional methods. In order to stand out, landlords need to get out of their comfort zones and adopt innovative strategies tailored to modern tenants and their priorities.

Below are three such tactics to boost tenant occupancy and reduce vacancies.

Highlight Eco-Friendly Features

Prospective tenants are increasingly being drawn to sustainable living, this makes eco-friendly features a key incentive for many landlords. Tenants have been prioritizing homes that align with their eco-friendly values. Consider using energy-efficient appliances such as washers, refrigerators, and HVAC systems. This Is a great area to begin though it can be expanded upon with solar panels, and EV charging stations.

Being eco-friendly is more than electronics, water conservation measures can be equally important in attracting tenants. Installing water-saving fixtures in bathrooms and kitchens reduces water consumption while potentially saving you or your tenants on the water bill. Furthermore, usingdrought-resistantt and native plants also help conserve water while maintaining curb appeal.

Eco-friendly upgrades will oftentimes cater to the growing demand of sustainable living, and create a competitive advantage to attract environmentally conscious tenants looking for long-term occupancy.

Adopt Digital Strategies

An effective online presence is essential for attracting prospective tenants in today’s digital age. Most potential tenants starting their search online, landlords need to be able to capitalize on digital marketing platforms and social media to showcase their properties and stand out in the market.

Posting listings on popular rental platforms like Zillow, Apartments.com or Rent.com to name a few can further improve visibility. These platforms help landlords and property managers to highlight unique features in the property such as the aforementioned eco-friendly upgrade and other amenities you may have on your rental property.

Social media sites can also be used as a powerful tool for showcasing rentals and engaging prospective tenants . This is also a great place to share professional photos, virtual tours, and even tenant testimonials. This can help to build trust and interest from potential renters. You can also use social media to maintain healthy communication with established tenants which is a great way to demonstrate approachability and professionalism. This can be a great way to reach a broader audience and improve your rental property’s visibility.

Tenant Retention

Although not necessarily a new tactic, screening potential tenants is a timeless yet continually evolving strategy for maintaining high occupancy rates. Retaining reliable tenants reduces turnover rates and minimizes costs. To achieve this, landlords need to first prioritize finding the right tenant. Careful tenant screening is vital for long-term success. This typically includes credit and background checks, as well as contacting previous landlords to help you identify financially stable tenants who are likely to care for the property.

Another method for retaining tenants is by offering move-in incentives . This can be small perks such as gift cards or something more enticing such as a month of free rent. These gestures can help make a prospective tenant feel more valued, reinforcing their decision to stay in your rental long-term. Even a little kindness can leave a lasting impression.

It's crucial to stay ahead of the market to boost occupancy, adopting innovative strategies can help meet modern renter’s appeals. Adapting quickly ensures your rental properties stand out against the competition while attracting tenants in a competitive landscape. If you need help filling in vacancies or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 New Ideas To Engage Prospective Tenants

getdustin@icloud.com (Dustin Edwards) — Fri, 17 Jan 2025 02:43:49 GMT

The real estate market changes quickly, and To engage prospective tenants you need to keep up. By staying ahead of the competition by incorporating unique ideas, landlords can draw in prospective tenants .

Below are five creative ideas to improve prospective tenant engagement and boost interest in your rental property.

Virtual Property Tours

Virtual property tours have transformed the way landlords and property managers captivate prospective tenants. These tours offer a uniquely immersive experience that enables potential renters to view the rental property without leaving their homes. One of the key benefits of virtual tours is their convenience. Prospective tenants from out of town can better see the details of the rental without the need for in-person viewings. Additionally, virtual tours can be used multiple times depending on your vacancy rates, making them a worthwhile investment.

Virtual tours can have the added effect of leaving a lasting impression on prospective tenants. They can revisit the virtual tour multiple times, allowing them to visualize themselves in your rental property.

Highlight Local Amenities

Depending on the location of your rental property, consider showcasing a map that highlights local amenities. This is an effective way to show off the lifestyle your rental offers outside of the property itself. Highlight locations such as schools, parks, entertainment venues, or great restaurants. This strategy can be appealing to prospective tenants who prioritize an active and vibrant lifestyle.

Once again, the convenience of the internet allows for guides to be easily shared, updated,d or commented on. By highlighting local amenities, landlords can help their properties stand out in a competitive market. This approach also improves tenant engagement, by giving prospective tenants a better understanding of the neighborhood, not just the rental unit.

Use Social Media

Social media is one of the most powerful tools for landlords and property managers to engage prospective tenants. Social media offers a creative space to show off the property, highlight amenities, and connect with the surrounding community in a new and dynamic way. For example, landlords can use high-quality photos, short video clips, or the aforementioned virtual tour to point out the unique features of your rental. It's also a great way to keep prospective tenants up to date on the availability of recently vacant units.

Additionally, this is a great way to communicate with your tenants and the community. By leveraging social media’s massive reach and engaging features, landlords can build trust and a positive relationship with their existing and new tenants.

Eco-Friendly Strategies

Some tenants value sustainability and environmentally friendly living. Eco-friendly strategies are a great way to engage these prospective tenants. Features such as solar-powered amenities , energy-efficient lighting, water-conserving landscaping, and energy-saving appliances greatly appeal to tenants seeking an eco-conscious lifestyle. If your rental property allows for one, consider a communal garden for your tenants as it promotes green living.

Offering amenities such as EV charging stations can appeal to both the eco friendly as well as the tech-savvy. Eco-friendly initiatives can not only help your rental stand out against the competition, it can also build a sense of community within your rental property.

P et Features

For landlords who allow pets in their rental, why not treat pets with their amenities as well?

Consider pet water bowls and waste bag stations around the walkways or designated dog-washing areas. This caters to pet owners greatly and can make your rental properties more attractive to this target group.

Many tenants with pets treat them like family, by showing your tenants that your rental is for all tenants living in your rental property, pets included.

To stand out, you need to stay ahead. By ensuring you’re engaging prospective tenants with new ideas you can greatly reduce vacancy rates. If you need help with turnover rates or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Best 3 Things To Do During Tenant Communication

getdustin@icloud.com (Dustin Edwards) — Fri, 10 Jan 2025 01:45:30 GMT

Having clear communication with your tenant is essential for maintaining a healthy landlord-tenant relationship. By being transparent in all relevant interactions, landlords can prevent misunderstandings while resolving repairs and disputes efficiently while improving tenant satisfaction.

Having good communication with your tenant is beneficial for landlords too. Effective communication also protects your investment property. Remember that while your tenant is living in the property, landlords need to take care of the repairs. Below are the three best things to do during tenant communications.

Prompt Responses

Addressing tenant concerns quickly is essential for building trust and maintaining a positive relationship. Tenants feel valued when landlords respond quickly, knowing that their needs are being prioritized. Building this trust not only enhances your tenant’s satisfaction it lowers the possibility of conflicts or misunderstandings to arise. This ultimately creates a healthy and successful rental experience for you and your tenant.

Some of the most common inquiries will oftentimes include repair requests, among others. As an example; if your tenant reports a leak under their faucet and the repair is delayed, this can be damaging to your landlord-tenant relationship, as well as your property. If left ignored, that leak can result in hundreds of dollars in water damage and a vacancy . Which can further affect our bottom line negatively. For landlords with multiple properties, this can become difficult to keep track of. A property manager can help with scheduling repairs and communicating with your tenant on your behalf.

Document Everything

Keeping a detailed record of all interactions with your tenant is an important element when managing a property. There are many choices for documentation including email, text, or written notices. Although many property management companies and landlords have opted to use apps or dedicated tenant portals to log communications. A great example, for instance, a tenant may claim they’d reported a repair issue that was never addressed, if everything is to be documented, both you and the tenant would have a copy of the request. Maintaining transparency with tenants.

Having thorough documentation ensures agreements and requests between all parties are clearly tracked. Documenting communications with your tenant provides landlords with a foundation for addressing misunderstandings, or disputes if and when they arise.

Provide Regular Updates

Regular updates show tenants that their landlord is organized and has an attentive approach to managing their property. Giving tenants ample time for maintenance, inspections or policy changes is a simple way to build trust with your tenants while showing your professionalism. Giving tenants advanced notices reassures them that you’re aware of how changes can affect them and you understand that time might be needed in order to adjust.

Surprises are best kept for birthday parties. Proactively notifying tenants of changes helps clear the communication channels and minimizes disruptions which helps tenants feel valued and satisfied. These small yet consistent efforts can contribute to a positive tenant stay, which can encourage lease renewals and long-term tenancy. Additionally, having a good relationship with your tenants can give you a great reputation which can provide you with leads when looking to fill a vacancy .

It cannot be understated the importance of communication for a healthy landlord-tenant relationship. Even if your tenant may not agree with some of the decisions a landlord needs to make, by giving your tenants ample time to process the change tenants generally are more accepting of said change. If you’re having trouble communicating with your tenants or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 Inexpensive Ways to Keep Your Tenants Safe

getdustin@icloud.com (Dustin Edwards) — Thu, 02 Jan 2025 20:42:46 GMT

Ensuring your tenant is safe is both a responsibility as a landlord as well as a key to maintaining a successful rental property. While there are many expensive safety measures, there are also many affordable options that can significantly improve the security of your property and the piece of mind of your tenant. Keeping your tenants safe should also be seen as an investment in your rental property. This can foster trust in your tenant, resulting in a long-term stay.

Today we’ve outlined five inexpensive ways to keep tenants safe, showing that effective safety measures don't need to be expensive.

Upgrade Outdoor Lighting

Upgrading your outdoor lighting is a simple and incredibly effective way to improve tenant safety. Entryways, walkways, and parking areas should be well-lit as it not only improves visibility it serves as a deterrent to potential intruders. Wrongdoers are less likely to target a well-lit property making outdoor lighting crucial for a safer environment.

There are many inexpensive options that can be used to improve lighting without breaking the bank. String lights powered by small solar panels are a great way to add light and a warm atmosphere. Many outdoor lights have this solar panel feature meaning you can illuminate walkways, landscapes, and the perimeter of the property without needing to call an electrician. However, if your budget allows, consider motion-detecting spotlights that shine whenever someone is near.

Secure Doors and Windows

Windows and doors are common entry points for trespassers, simple upgrades can significantly improve your rental’s safety without requiring a large investment. While adding peepholes to exteriors was considered standard, now you can purchase a video doorbell for as little as fifty dollars which can use the existing doorbell wiring to function. However, if your property doesn't have a functioning doorbell for only a hundred dollars you can purchase wireless doorbell cameras that need to be recharged every few months. This gives you a way to see who’s at the door even when your tenants aren't home. These are also great detergents as they’re great security cameras as well.

For physical protection, consider installing window locks to help prevent them from being easily forced open. You can reinforce the durability of the entry door by installing sturdier strike plates with longer screws. Doing this can increase the resistance to forced entry which offers an extra layer of protection.

Up to Date Fire Safety Equipment

Keeping tenants safe involves more than simply securing the rental against intruders, fire safety is equally as important. It's important to ensure your rental property is equipped with functional and up-to-date fire safety equipment. A good start is smoke and carbon monoxide detectors. While a requirement to have these installed in all homes, many tenants and landlords allow batteries to die which makes these detectors ineffective. Batteries should be checked monthly and replaced either every year or as recommended by the manufacturer. This is to ensure the units meet legal standards to maintain their reliability and compliance with safety regulations.

Another affordable feature you can provide is fire extinguishers. These typically range between twenty-five and and fifty dollars, they can be kept in areas considered high risk such as the kitchen, grill, or fireplace. They should be replaced as recommended by the manufacturer or roughly every ten years for disposable units, or recharged every six years for rechargeable extinguishers.

Exit Safety

While single-family homes are rather straightforward when exiting the rental during an emergency, multi-unit rentals need to have a clearly visible emergency exit plan. Simple signs showing a map with an ideal emergency exit route are crucial in protecting tenants.

Additionally, you can improve exit safety by keeping emergency exits well-lit and unobstructed. Regular inspections of the walkways can help to ensure clutter, or other obstacles are in the way during an emergency. Being proactive with your tenant's safety can significantly improve your tenant's safety as well as your tenant-landlord relationship .

Landscaping for Security

Landscaping isn’t only for improving curb appeal, it has a crucial role in providing safety and privacy to your tenants. Although setting up a brand new landscape can be expensive, simply maintaining the existing landscape can be enough to provide these benefits. Keep shrubs and tree branches clear from windows and walkways to improve visibility.

Maintaining the plants near the front of the property also helps to maintain a clear line of sight for security cameras or motion sensors. A well-thought-out landscape design can improve your tenant’s safety while also maintaining a welcoming curb appeal.

A small investment in improving your tenant’s safety may seem insignificant at first, yet it has the potential to keep long-term tenants satisfied . Which can result in a beneficial impact on your bottom line. If you need help adding safety features to your rental or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 Unique Challenges for Beach Properties In Winter

getdustin@icloud.com (Dustin Edwards) — Thu, 26 Dec 2024 20:07:31 GMT

Owning a rental property near the beach offers an undeniable charm, with amazing ocean views, refreshing sea breezes, and year-round access to beach activities. Unfortunately, the winter season presents many unique challenges for landlords. Which if left ignored can result in higher turnover rates and additional maintenance to your rental property.

Below we’ve compiled a short list of five unique challenges for beach properties in winter and ways to help deal with them.

Coastal Humidity

Coastal humidity is challenging year-round, as it may cause issues like mold, mildew, and accelerated wear from the salty air. Unchecked moisture can lead to accelerated corrosion on surfaces and even structural damage if left unchecked. For this, it's good practice to have regular inspections and preventive maintenance to protect your investment. Although, during the winter season, the coastal humidity can feel worse for your tenants. To help with this, consider installing a dehumidifier and ensure the property is properly ventilated. This is also a great time to seal any leaks or drafts to prevent excess moisture into the rental property.

Many tenants resolve this issue by using the HVAC system more frequently which can add unnecessary wear and tear to the system. Coastal HVAC systems oftentimes have a shorter lifespan when compared to their inland counterparts. The humid and salty air can cause corrosion that reduces their efficiency which puts more strain on the HVAC system. During the winter season, excessive heater use may reveal wear and tear caused by salt exposure. For this, regular servicing is even more important in preventing breakdowns, maintaining reliable performance, and providing tenant satisfaction .

Holiday Tourism

During the holidays, Long Beach , much like many coastal cities, receives an influx of tourism. While necessary for many small businesses, holiday tourism can be a hindrance to some tenants, depending on the location of the rental. With tourists, comes increased noise levels from cars and people. To help alleviate this, you should consider installing proper noise insulation and soundproofing. This can be a significant investment especially for soundproof insulation as this needs to be done with exposed wooden studs. Alternatively, noise-reducing windows and paint can be used to mitigate some of the noise from holiday tourism.

Additionally, parking may become a nightmare especially when parking spaces are limited. This can leave long-term tenants frustrated. While adding dedicated parking to your rental may be impossible for some. For rental with dedicated parking, ensure that your tenant’s space is protected from people who steal parking spots from local residents.

Outdoor Maintenance

Outdoor spaces are important for beach properties, although they demand extra care during winter. This is due to how marine layers can damage beach rental properties . Sand and debris can accumulate and make patios, walkways, and entryways less inviting. While heavy rainfall may damage furniture, railings, or fences. Regular cleaning and maintenance keep these areas safe and appealing for tenants. The sand and salt can cause premature corrosion on items left outdoors.

Pests

Winter can drive wildlife like seagulls, rodents, or even raccoons to seek shelter in warmer areas such as your rental property. During the winter, pests can create unexpected challenges for beach properties. Seagulls can be incredibly noisy, while rodents seek a warm and dry shelter. Additionally, the added humidity can weaken wooden structures inviting ants, termites, and roaches.

To help prevent pest problems during the winter season, landlords should focus on maintaining proper cleanliness and sealing any exposed entry points. Consider hiring a professional to inspect and identify potential gaps, cracks, and openings where pests may gain entry to the rental property. Also, be sure to keep trash bins closed and far enough away from the rental to keep hungry pests away from the home.

Increased Utility Usage

The winter months bring with an increased use of heaters and other appliances. This can strain older systems causing them to work less efficiently which can elevate the rental’s energy bill and lower your tenant’s satisfaction. This can be tricky to resolve as other than preventative maintenance when systems begin to fail a replacement is required. However, when the system inevitably fails, you should not only replace the unit or system, you should upgrade the system to an energy-efficient system. This can not only ensure reliable performance but it can also lower the overall utility costs for you and your tenant. Proactive improvements help to maintain tenant comfort while also keeping your property competitive in the rental market.

Winter presents unique challenges for beach properties, though with proper care, landlords can maintain their investment while keeping tenants happy. Which can ultimately improve your bottom line. If you need to address unique winter challenges or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 5 Strategies to Obtain New Tenants During The Winter Months

getdustin@icloud.com (Dustin Edwards) — Thu, 26 Dec 2024 19:59:41 GMT

During the holidays, filling in vacancies can be challenging for many landlords. This is due to many prospective tenants prioritizing holiday expenses, or traveling. In a competitive market, landlords need to come up with unique strategies to stand out .

Property management companies can implement these efforts effectively, by leveraging their experience and resources to attract tenants, this can save you time and stress while letting you celebrate the holidays.

Today, we’ll go over the top five strategies landlords use to obtain new tenants during the winter months.

Flexible Lease Terms

Consider offering shorter-term leases if you’re struggling to fill a vacancy during the holidays. This strategy can attract prospective tenants who may be hesitant to commit to long-term housing. Having this flexibility can appeal to people in need of a temporary rental for seasonal work, or those who are only in Long Beach for the holiday months. By offering these adaptable lease options, struggling landlords can differentiate themselves from the competition and fill vacancies more efficiently during the holiday months.

Having flexible lease terms can also function as a stepping stone for long-term tenancy. While this is the exception, some tenants who initially seek a short-term rental may find that they enjoy either the rental property or Long Beach itself and decide to either extend their stay or search for more permanent residence. Allowing for flexible lease terms may also improve your reputation as a landlord who understands a tenant’s needs. Using this approach can not only help fill vacancies during a difficult season, but it can also establish a positive relationship with tenants. Which can potentially lead to more referrals and a stronger tenant retention rate over time.

Seasonal Promotions

During the holiday season, many landlords looking to fill vacancies offer seasonal promotions or discounts. Some of these include a free first month of rent or waived application fees. Doing this may make your property more appealing during the winter as many prospective tenants are spending their earnings on the holidays. Offering these deals as a limited-time promotion can also create a sense of urgency, which can encourage prospective tenants to commit to your rental.

Additionally, seasonal promotions can help establish goodwill with new tenants. Which can lead to a positive landlord-tenant relationship. These incentives show prospective tenants that you, as a landlord, understand that the holidays bring with it some financial strain, which ultimately makes your rental property more appealing. Consider pairing seasonal promotions with other perks such as flexible move-in dates to further improve the appeal of your rental.

Seasonal Curb Appeal

Decorating your rental property with tasteful holiday decorations can help improve the appeal of your property during the winter months. Especially for rentals with common areas, as this creates a more welcoming atmosphere while highlighting details that would otherwise be overlooked. These small touches can attract tenants seeking an inviting space with a sense of community. Consider having professional photos taken during the holidays to update any listing with the seasonal decorations, this way you can have great-looking photos for the appropriate time of year. Which can help your rental property stand out in a competitive market .

Professional Video Tours

High-quality photos are essential for showcasing your property. However, this isn't enough anymore, many online listings have options for video tours alongside the photos. Take advantage of this feature during the holidays to highlight warm, cozy interiors that can otherwise be missed through photos. Virtual tours create a strong first impression, which may help your property stand out against the competition. Property management companies often offer professional marketing services in case you don't have the resources. This ensures your property is presented at its best, an overall small investment may attract more prospective tenants and maximizes your chances of filling vacancies during the holidays.

By implementing these strategies, you can have your property stand out even during the slower winter months. If you’re looking to save time while filling difficult vacancies or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Common Issues That Cause Heaters To Go Bad

getdustin@icloud.com (Dustin Edwards) — Thu, 19 Dec 2024 19:39:24 GMT

Even in Southern California, winter nights can get uncomfortably cold . This makes a functional heating system essential for the comfort of your tenants. Addressing heater issues can prevent costly repairs and ensure a long lifespan of the system.

You should consider proactively maintaining systems, and identifying problems early in order to avoid breakdowns. This not only keeps systems efficient but also demonstrates your commitment to the quality and satisfaction of your tenant’s stay at your rental property.

Below is an overview of three common issues that cause heaters to fail.

Lack of Maintenance

Lack of maintenance is the primary cause of failure for heating systems. The air filters should be changed monthly to allow proper airflow through the system, while the condenser should be cleaned regularly. Clogged air filters can make heaters less efficient and even lead to breakdowns. Debris, dust, and dirt can accumulate over time, reducing the overall performance of your heating system.

Typically you should have your HVAC system checked in depth annually to ensure it works proficiently. You or your property manager should schedule regular maintenance which may include cleaning the ductwork and vents, checking for leaks, and calibrating the thermostat.

Failure to maintain your heating system can result in poor performance from the system. This can be seen in the compressor struggling to maintain temperature, cold spots in the home, and a significant increase in the energy bill. If maintenance is deferred for extended periods of time this can end up becoming a safety hazard, especially in homes with gas furnaces. These can occasionally develop a gas leak which can lead to carbon monoxide poisoning and other health issues.

Ignition Problems

Having reliable heating for your tenant is crucial for their comfort. If your rental has a gas-powered heater the last thing you want during the cold nights is for there to be no heat. Furnace ignition failure can be the reason for this. However, the reasons for ignition failure can be many including improper maintenance. Dirty buildup and issues with gas supply can be the reason, though if left unresolved these issues can lead to costly repairs. Additionally, ensure there are no electrical issues as a short circuit can also result in failure to ign

Aging or Worn-Out Components

Over time, parts wear out and begin to fail which leads to system inefficiency or failure. While maintenance to your system can ensure it works properly for many years, eventually the system may need to be replaced. The typical HVAC system should last between 15 and 20 years with proper maintenance. Aging systems are more prone to needing repairs more frequently, which may result in a higher energy cost for your tenants.

If you’ve owned your rental property for a significant amount of years without replacing the HVAC unit, consider hiring a professional to inspect the age and current condition of the system. Following this, you'll have to decide if maintaining the aging system is worth it compared to investing in a new upgraded system. This may feel like an expensive investment at first, though the satisfaction of your tenant may be worth it. As we know a satisfied tenant is a long-term tenant which can offset the initial costs.

By addressing common issues, and keeping up on regular maintenance you can extend the life of your heating system and keep tenants comfortable during the winter season. If you need help keeping your heating system properly maintained or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Do These 3 Things To Help Tenants Stay Warm During Winter

getdustin@icloud.com (Dustin Edwards) — Thu, 12 Dec 2024 19:43:47 GMT

Although Southern California’s winters are typically mild when compared to other parts of the country, tenants still value a warm home during the cooler months. Taking steps to maintain a comfortable living environment shows your tenants that their needs are being prioritized. This is crucial for tenant satisfaction, especially during the holidays.

Below are three methods to help keep tenants warm during the winter season.

Maintain Heating System

It's required for landlords to provide rentals with a working heating system, however, it's not uncommon for these to fall into disrepair either because of lack of maintenance or negligence. Scheduling regular inspections and maintenance before the coldest weather can help to ensure the heating is reliable and efficient. Cleaning air filters, and checking for cold spots, or irregular noises can help prevent small issues from escalating into expensive repairs. Preventative maintenance can help to reduce the chances of inconvenient calls for emergency repairs. Being proactive with your maintenance can also help you protect your investment while earning goodwill from your tenant.

Another factor that can affect your heating system is drafts around windows and doors. These drafts can cause your heating system to overwork which makes the system less efficient, and reliable and ultimately reduces the lifespan of your heating system. You can address this by inspecting the seals around doors and windows for gaps or cold spots. Replace worn-out seals and caulking where it's needed.

Offer Smart Thermostats

Consider providing your tenants with a smart thermostat for energy-efficient heating. This can not only give tenants control over their comfort, but it's also a great tool to reduce energy usage. By providing this upgrade to your tenant, you show a commitment to your tenant’s satisfaction which can in turn result in a long-term tenant. These kinds of devices definitely benefit your tenants, though they can also contribute to the longevity of your rental property as well.

Additionally, you can give your tenant a smart thermostat as a holiday gift . This can show your tenant that you’re not simply collecting rent while protecting your investment.

Reverse Ceiling Fans

The direction in which a ceiling fan rotates is oftentimes overlooked, and it can have a great effect on the temperature of a home. A ceiling fan is typically seen as a way to cool down a home during the hotter seasons without using the air conditioning . Reversing the spin of a ceiling fan can help to circulate warm air more efficiently during the cold season . This is because warm air rises, and a fan rotating clockwise will push the warm air back down helping maintain warm temperatures.

Most fans have a switch on the motor and it is easily accessible for most people with a step ladder. This easy adjustment helps reduce the need for your tenant to use the heating system. Tenants will notice a more consistent and comfortable temperature indoors. This should also help reduce costs on their energy bill. Reversing the rotation of the ceiling fans also takes some of the strain off of the heating system. This helps to ensure it operates efficiently for years by reducing the wear and tear on it.

Taking proactive steps this winter season to ensure your tenant’s comfort demonstrates a landlord’s commitment to their tenant’s comfort. A comfortable tenant is a satisfied tenant , which can lead to a long-term tenant and steady rental income. Consider it a small investment for long-term success. If you need help keeping your rental warm or managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 3 Gifts For Tenants

getdustin@icloud.com (Dustin Edwards) — Thu, 05 Dec 2024 23:51:07 GMT

During the holidays, most tenants don’t expect much in terms of gifts from their landlords. In some cases, landlords choose this time to announce that they’re raising the rent for the following year, which can sour a tenant’s holiday spirit.

During the holiday season, showing appreciation for your tenant is especially important. This can help start the new year on a positive note. Below, we’ve gathered three great gift ideas you can give your tenants to show appreciation.

Gift Cards

Gift cards can be a thoughtful and versatile gift for your tenants. They offer a flexible albeit less personal gesture of appreciation. Gift cards can give your tenants more options to get what they want, need, or simply enjoy. These cards can range from a local coffee shop, home goods retailer, or online store. The idea is simple: a small gesture goes a long way, and a satisfied tenant is a long-term tenant.

Consider gift cards to local businesses; not only would you support local businesses, but this small act of appreciation can strengthen the landlord-tenant relationship. It may also contribute to a positive living environment, which many tenants look for. Additionally, it demonstrates your willingness to satisfy and go beyond the basic needs of property management , which can help secure long-term tenants.

Energy-Saving Gadgets

Energy-saving gadgets are not only a creative gift for your tenant, but they’re also practical. Most homes in Southern California have already converted to using LED light bulbs or fixtures for efficiency. However, having extra bulbs can be a great idea for some tenants. Especially those who work from home or haven’t adopted LED lighting yet.

Another energy-saving option is smart plugs. This can help your tenant monitor their energy consumption for certain devices, saving them money on their energy bills. These can be paired with smart power strips with features like automatic shut-off or built-in timers to prevent unwanted power drains when devices aren't being used.

Alternatively, you can also gift your tenant items like reusable dryer balls, which can save energy by shortening drying times, or new low-flow shower heads to save on the water bill without sacrificing comfort. These add benefits to your rental property as well since improving efficiency can extend the lifespan of the core systems of your rental property.

Holiday Gift Basket

A gift basket is always a welcomed gift that shows appreciation for your tenant and can foster goodwill. This can be filled with a selection of festive snacks like cookies, chocolates, and pastries. If you have a great tenant-landlord relationship with good communication , you can surprise your tenants with a more personal gift. This makes gift baskets an incredibly versatile gesture, as you can give your tenants a gift tailored for them specifically. You can also give them products locally sourced in Long Beach to add a personalized touch.

For landlords and investors with a larger portfolio, a property management company can streamline the process of selecting and delivering these gifts.

While you may assume giving your tenants a gift for the holidays will negatively affect your bottom line, consider it an investment instead. As we know, a satisfied tenant is a long-term tenant who provides consistent rental income every month. Meaning a small gesture can go a long way. If you need help finding the best gift for your tenant or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Ways Marines Layers Can Cause Damage to Beach Rental Properties

getdustin@icloud.com (Dustin Edwards) — Thu, 28 Nov 2024 18:15:00 GMT

Marine layers are cool, dense, and moisture-laden air masses that are oftentimes found near coastlines. This affects beach city properties far more than inland properties. While marine layers create an appealing climate in beach cities, they can also bring challenges for property maintenance.

Today, we’ll go over three different ways marine layers can cause damage to your beach rental property and how to prepare better for it.

Increased Moisture

Marine layers bring with them excess moisture. This excess moisture can oftentimes create ideal conditions for mold and mildew. It can also cause damage to drywall and cause wood to rot prematurely. This is especially true for particularly poorly ventilated areas. This can include rooms like bathrooms without fans, garages, or even kitchens without exhaust hoods.

Mold can spread on the inside of walls, attics, and other locations that aren't visible. This can cause costly damage if not remedied. Mold can also affect the health of your tenants who have allergies or respiratory issues. This can lead to a higher number of complaints. In severe cases, the rental property can be considered uninhabitable until the mold is dealt with. This can greatly affect rental desirability and tenant retention, which can negatively impact your monthly rental income.

Unanticipated Corrosion

Marine layers contain salt. Salt is well known to accelerate corrosion on metal surfaces, from door hardware like hinges and knobs to railings and outdoor furniture. The damage can be extensive as well as expensive. For rental properties near the beach , this issue can quickly get out of hand, as it can not only impact the aesthetics and curb appeal of the rental but also affect the functionality of the rental. For example, wood decks and fences are vulnerable to moisture in marine layers, which can lead the wood to warp or rot prematurely.

Over time, corrosion can weaken structures, which can pose safety risks and drive up maintenance costs if left unchecked. In order to mitigate some of the effects of the marine layers, it's a good idea to regularly treat metals with anti-corrosion products. Additionally, consider the use of corrosion-resistant materials such as denser plastics, powder-coated metals, or treated lumber.

Exterior of the Rental

Beach properties typically require exterior repainting and refinishing more often than inland properties in order to maintain a clean, attractive look. As previously mentioned, the marine layers can affect the exterior of the rental property as well. This typically is in the form of peeling and fading paint. Having constant exposure to moisture and salty air can quickly lead regular paint to deteriorate, which can negatively impact your rental property’s curb appeal. However, the added moisture, salinity, and sand can also shorten the lifespan of roof shingles, metal gutters, and HVAC units.

Be mindful of other outdoor systems, such as the electrical panel and water heater. Marine layers lead to condensation in outdoor fixtures and appliances. This can increase the risk of short circuits and, in the worst case, an electrical fire. This additional maintenance is generally accepted by investors, though it can be reduced by scheduling regular inspections and maintenance and the use of weather-resistant materials. During routine inspections,s be sure not to ignore outdoor seals around outlets and other electrical connections.

Preventative measures can greatly improve the longevity of your rental. It's a good idea to schedule preventive maintenance strategies to mitigate marine layer damage. Doing this can not only protect your investment but also maintain a positive tenant relationship, which can ultimately result in a steady monthly income. If you need help protecting your rental from the marine layers or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

How To Attract New Tenants During The Holiday Months

getdustin@icloud.com (Dustin Edwards) — Mon, 25 Nov 2024 17:59:44 GMT

It's well established that the summer months are when people tend to move and find new rentals. Unfortunately, during the holiday months, it can be challenging to fill a vacancy . However, winter does provide the opportunity to attract high-quality, long-term tenants by taking strategic steps during these months.

In this article, we’ll go over the difficulties of finding new tenants during the holidays and how to stand out against the competition.

Optimize Online Listings

Although winter is considerably slower than summer for finding new tenants, a helpful way to attract tenants can be to optimize your online listings. Update property descriptions to include seasonal-appropriate benefits. This can include using trending terminology like cozy interiors, energy-efficient features, or local holiday events. Emphasize features such as patios and decks and other areas where friends and family can gather.

Consider having seasonal photos with holiday decorations to intrigue prospective tenants. Seasonal photos can show off your property’s practicality and adaptability even though Long Beach has great weather year-round. By offering a variety of pictures, you may attract prospective tenants who might not have considered your listing at first glance. Although we don't get snow, the changing colors of leaves can add warmth to your rental that could otherwise be lost if you only have photos during bright summer days.

Holiday Incentives

Since there are fewer tenants looking for rentals during the holiday season, you can attract attention by lowering upfront costs to prospective tenants. This can not only help new renters who may be struggling with holiday expenses, but it's also a great way to garner goodwill and begin a positive relationship with incoming tenants.

You can do this by offering move-in specials such as a discounted month of rent, offering a month or two rent-free with the sign of the lease, or Gift Cards as a welcome package. By offering these move-in incentives, you can help your tenants financially during the holidays while filling in a vacancy during the slow season. At first, this may seem like an expensive investment to fill in vacancies. However, consider the favor you’ll have gained from the tenant. As we know a happy tenant will likely stay in your rental for a longer period of time. Which in the long term can be beneficial to your bottom line.

Upgrade Vacant Rentals

A great marketing tool is to promote upgraded features to your rental listing. While stating your rental is equipped with a washer and dryer is good, showing a brand-new washer and dryer can incentivize a tenant to consider your rental as a possible option. While not a cheap endeavor, it can pay off in the long run, especially if you’re dealing with a vacant rental for an extended period of time.

Upgrading items in the kitchen and bathroom are oftentimes more desirable by prospective tenants. This is because while a tenant is free to arrange, furnish, and decorate bedrooms and living rooms, the bathroom and kitchen are usually left as is. This means that an emphasis on upgrades in these rooms should result in more interest from potential tenants.

It's important for you to be proactive in marketing during the holidays, as there are fewer eyes looking for rentals. While it may be a higher upfront cost to find a tenant during the winter, it can be seen as an investment for high-quality, long-term tenants. If you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Most Common Issues During Rainy Season

getdustin@icloud.com (Dustin Edwards) — Mon, 18 Nov 2024 16:24:04 GMT

Now that the days are shorter, it's only a matter of time before we welcome rain to Southern California. As much as we need rain, it brings with it a number of issues for many rental properties that may have been overlooked during the spring and summer.

Below, we’ll share with you three common issues property managers and investors need to deal with during the rainy season.

Issue #1 Water Intrusion

Heavy rains can sometimes overwhelm the local drainage systems. This can result in water accumulation in the low points of a property. While most homes are built with elevation from the ground floor in order to leave room for a crawlspace, some homes are built on a slab foundation. This is typically much lower to the ground, which in heavier rainfall can result in water penetrating the home.

Water can also seep through the roofs, walls, and vents through damage to the roof, broken gutter systems , or cracks in the exterior walls. This can weaken structures while also damaging interior walls and flooring. Water damage can lower property value and, if left unchecked, lead to thousands of dollars of property damage.

The increased humidity also encourages mold growth, especially if water leaks from the roof or walls. This can spread quickly if not addressed. Mold can damage surfaces and create health hazards for tenants, especially for those with allergies or respiratory issues. If mold issues persist, this can result in complaints from the tenants or, in the worst case, a lawsuit that deems your rental uninhabitable until the mold is dealt with. For this reason, regular inspections and timely repairs to leaks are necessary to maintain a safe living environment for your tenants.

Issue #2 Pests

Heavy rainfall is oftentimes followed by an uptick in pests. This is typically because many pests look to homes for cover. Pests like mice, rats, and cockroaches can occasionally be seen in homes that would normally have no pests during the rest of the year. This may bring complaints from the tenants if not dealt with promptly.

The rain can also make for areas where pests thrive. For example, stagnant water can become breeding grounds for mosquitoes, while termites thrive in damp wood. This can potentially cause severe damage to wooden structures, framing, and furniture. Not to mention, they’re incredibly annoying.

Pest infestations can lead to tenant dissatisfaction as well as potential property damage. However, preventive measures like regular pest control services and ensuring water isn't allowed to stagnate are crucial. If left unchecked, mice and rats can severely damage core systems such as the HVAC system or electrical wiring . At the same time, termites can be expensive to eliminate once the rental is infested.

Issue #3 Tenant Satisfaction

Although there is nothing we can do to stop rain from falling, a tenant may be dissatisfied if the rain directly affects their stay at your rental. Water leaks or power outages caused by the rainy season can be problematic, especially if they have been reported previously. While older homes may have issues stemming from the age of the home, if the response to tenant complaints about weather-related issues is delayed, the landlord-tenant relationship may falter.

For this reason, prompt communication and addressing tenant concerns can help not only maintain trust but also keep your property in great shape. Preparing properties for the rainy season can reduce tenant complaints and operational disruptions. This means consistent income from your investment property.

It’s a good idea to inspect your rental property before the rain falls as a way to protect your investment from Mother Nature. If you need help with preventative measures for the rainy season or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Signs Your Property Is Ready For The Cold Weather

getdustin@icloud.com (Dustin Edwards) — Tue, 12 Nov 2024 16:13:50 GMT

It's important to prepare your rental properties for the colder weather. Although we don’t need to prepare for snow and freezing temperatures, we do need to prepare for the cold and rain. By ensuring your rental is cozy inside and prepared for the fall season , you can not only reduce energy costs for your tenant but also maintain your rental property value.

Today, we’ll go over three signs your property is ready for this upcoming cold weather.

Sign #1 Proper Weatherproofing

During the colder seasons, it's much easier for a tenant to notice any cold spots in your rental. Well-insulated doors and windows can not only help maintain the warm temperature but also prevent it from lowering. It can also prevent cold spots and drafts, which can help with tenant satisfaction . Doors and windows should be properly sealed and insulated to prevent drafts and maintain proper temperatures.

A visual inspection of the weatherstripping around doors and windows to ensure they’re intact is a great place to start. If damaged, consider replacing them, as trying to seal gaps can be tricky and rarely lasts. Other seals should also be checked, as well as any areas that need to be caulked in order to keep cold air out.

Insulation during the summer helps keep the cool air in, and during the winter, insulation in the halls and attics helps retain desired heat. Hot air rises, and if there isn't adequate insulation in the ceiling, heat will continually be lost. Luckily, adding insulation to an attic is not uncommon and typically only requires a day or two for installation.

Sign #2 Energy Efficiency Measures

During the winter, it's not just the cold you need to keep in mind. As days are much shorter, there is less sunlight to keep the rental warm and more hours of darkness. For this reason, it's a good idea to keep energy efficiency in mind when preparing for the cold weather. Energy-efficient lighting or smart lighting helps reduce overall costs since your tenant will likely use electricity to keep warm. Ensure your outdoor lighting is rated for external use, as this can provide crucial illumination during longer nights.

Draft guards on doors and windows help reduce the load on your rental’s HVAC system which can significantly improve its lifespan. This is also a great time to replace filters and clean the ductwork in your rental to improve energy efficiency. Additionally, consider installing an insulative film on older windows, which helps retain heat and keep rooms warmer without the need for extra heating. If your rental has a programmable thermostat, ensure it’s in working order, as this can help tenants manage an energy-efficient heating schedule more easily.

Sign #3 Property Exterior

Southern California is a great place to settle down, and while we don't need to worry about snowfall or deep freezes, ensuring the exterior of your rental property is ready for the cold weather is important. With our cold season mainly bringing with it rain, inspect your rental property’s rain gutter system . Remove debris from drains and check for leaks or signs of wear and tear.

Walkways should be clear of debris and well-lit. This may require you to prune and trim trees and bushes that may leave behind leaves. When combined with rainfall, a single wet leaf can cause someone to slip and hurt themselves. Consider adding non-slip mats or tape to areas where people may have tripped in the past.

Much like during the hotter weather, it's important for your rental to be ready for fall and winter. By keeping your property ready for any weather Southern California has to offer, you ensure your rental property and tenants will provide steady rental income every month. If you need help preparing your rental for the cold weather or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Protect Your Beach City Property From The Cold Ocean Breezes

getdustin@icloud.com (Dustin Edwards) — Mon, 04 Nov 2024 15:32:05 GMT

Owning a rental property in a beach city like Long Beach, CA , offers a number of advantages, like great weather and a strong real estate market. However, the cold ocean breezes can pose some challenges for landlords and tenants, making it convenient for property managers . Although the weather is generally great, these ocean breezes can sometimes make properties drafty and uncomfortable during the fall and winter seasons.

Today we’ll go over four measures that can improve tenant comfort and protect your investment from the cold ocean breezes.

Weatherproofing Againsts Drafts

Drafts are caused by gaps between doors and windows which can make a rental feel colder than it is. This leads to unnecessary energy use and tenant discomfort. Sealing these gaps is not difficult and quite doable for a landlord who doesn’t mind getting their hands dirty. Replacing worn weatherstripping and adding fresh caulking to seal minor gaps blocks air from permeating the property. For additional protection from drafts, you can provide your tenant with inexpensive door sweeps.

Improve Heating Efficiency

Having efficient heating is crucial to countering the cooler ocean breezes while keeping costs low. Schedule regular maintenance for your HVAC system , such as replacing filters, cleaning vents, and cleaning the compressor to keep it running smoothly. This not only provides more efficient heating, it also extends the life of your HVAC system. Installing a smart thermostat is another way for tenants to adjust heating schedules efficiently.

Protect Outdoor Spaces

Outdoor areas such as patios, balconies, and even porches can oftentimes be exposed to the coastal breezes. This can be an issue in the long run, especially for rentals next to the beach , as the wind can carry sand and salt, which can accelerate the deterioration of metals, wood, and paint. This can be mitigated by adding windbreaks to the property, such as lattice panels or outdoor curtains, to create a more comfortable and functional outdoor space. Exterior finishes will require more frequent maintenance. This includes resealing wood and metal surfaces. As well as repainting is important to protect against wear from salt, sand, and moisture.

Wind Mitigating Landscaping

Much like with the curtains and lattice previously talked about, the landscaping can also be used as a windbreak. For example, planting wind-resistant shrubs or trees alongside exposed areas creates a natural barrier. This helps reduce the impact of the gusts of wind hitting the property. Many native plants thrive in coastal climates while also requiring minimal maintenance. While expensive, the results can greatly improve your rental’s longevity and curb appeal. Alternatively, you can strategically place planters to provide protection.

Durable Furniture

Furniture and fixtures exposed to the cold coastal breezes need to be able to withstand that wear and tear. Choose resilient materials such as treated wood, powder-coated metals, and outdoor-rated plastics. These are less prone to being damaged by the salt or wind. Furniture that is lightweight should be secured or anchored in place to prevent it from being blown away. By investing in durable furnishing, you can provide tenants with a comfortable and functional outdoor space for years to come.

Protecting your beach city property from the cold ocean breeze doesn't necessarily require extensive renovations or investments. Try to focus on any relevant feedback from your tenant, this can help you pinpoint what part of your rental needs attention. If you need additional help protecting your rental property from the cold ocean breezes or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

4 Must Do Items After a Tenant Vacates Your Property

getdustin@icloud.com (Dustin Edwards) — Tue, 29 Oct 2024 14:30:00 GMT

Vacancies are a part investment property, and even long term tenants will eventually move out. There are a number of steps you consider after a tenant moves out.

While not every case is the same, today we’ll go over four different must do tasks you should take into account after a tenant vacates your rental property.

Inspect the Property

Although we all want to assume that your tenants were careful and respectful of your property, it's important to understand that sometimes damages happen without anyone noticing. For example a minor crack in the shower may not seem important enough for your tenant to bring it to your attention. However this small crack, if left unchecked for long periods of time can ultimately leak into the walls causing rot and mold.

Landlords or property managers should perform a detailed walkthrough of the rental property to look for anything not considered normal wear and tear. Look for deliberate issues such as holes in walls, broken appliances, or carpet stains. These items may require repairs or replacements.

Take photos or videos in order to document the condition of the property. This can help provide evidence for any security deposit deductions. This also provides a record of the condition of the property after the tenant moves out.

Clean and Prepare

Once the tenant is moved out, now comes the time to deep clean the property. This way you can better see minor defects that may require attention. This may include cleaning carpets, scrubbing floors, and wiping down walls. Areas such as baseboards, windowsills, and air vents oftentimes get overlooked which can lead to expensive repairs if ignored.

If you allow tenants to own pets, or they were smokers, this can leave behind an unpleasant odor. This may require professional odor-removal treatments to ensure the property smells fresh for the next tenant. If the rest of the property is in good shape, all that's left is to give the rental a fresh coat of paint and replace any items that may be getting worn out.

Repairs and Maintenance

Unfortunately not every vacancy is as simple as a cleaning and paint job. You may need to invest additional time and money repairing damages that were noted during the initial inspection. This can include repairing drywall, replacing broken fixtures, and any other major repairs. This helps to ensure the property remains in good condition for longer while being appealing to potential renters.

Having no tenant living in the rental provides a great opportunity to take care of other routine maintenance tasks. Such as changing air filters, checking smoke detectors, and servicing the HVAC system. If your rental is an older property or has outdated features, consider making minor property upgrades to it. This can increase the appeal of your rental. Consider replacing appliances with newer, more efficient ones or updating fixtures. This investment can help to justify a higher asking rent and potentially attract higher quality tenants.

Market the Property for New Tenants

Once you’re satisfied with the property’s condition, take high-quality photos that showcase its best features. Alternatively, if you’ve already had professional photos taken, if not much has changed, feel free to re-use them. High-quality photos are essential for attracting prospective tenants and are necessary for listing your rental online. However in the current market, this isn't enough and you may want to consider setting up a 3d tour, drone photos, and videos in order to give a prospective tenant all the angles of the rental.

Finally remember that the rental market is constantly changing. You’ll need to research the local rental market in order to determine a competitive rental rate. Regularly performing rental assessments helps keep prices from being too high, which can lead to extended vacancy periods. While pricing it too low may inadvertently attract less responsible tenants or leave money on the table.

When a tenant moves out, it may feel like a hit to your monthly income, though you should see it as an opportunity to reassess and potentially earn more down the line. If you need help preparing for a vacancy for a new tenant or managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Signs You Need a Property Management Company

getdustin@icloud.com (Dustin Edwards) — Thu, 17 Oct 2024 14:20:52 GMT

For new landlords or experienced real estate investors, a property management company can provide a number of benefits to allow you to have peace of mind. They also give you the opportunity to invest your time in expanding your portfolio or enjoying your free time with friends and family.

Below we’ll go over three different signs that you may need a property manager.

You’re Being Overwhelmed

Suppose you are showing signs of struggling to keep up with maintenance and tenant issues. This can be the result of underestimating the time required to manage a rental or perhaps your portfolio has grown to the point of spreading yourself thin. Property maintenance, tenant complaints, and urgent repairs may require more resources than some landlords can provide themselves. Over time, this issue can lead to tenant dissatisfaction , vacancies, or in extreme cases legal issues if repairs are ignored or laws aren’t known.

Oftentimes, maintenance and tenant issues require constant availability. Especially if an emergency is presented. A full-service property management company should be capable of handling calls after hours and coordinating emergency repairs swiftly in order to keep tenants satisfied.

Property managers can also schedule maintenance, streamlining the general maintenance to prevent long-term damage to the property. This can be often overlooked when landlords are short on resources managing multiple properties on their own.

High Tenant Turnover and Vacancies

Having a high tenant turnover rate can significantly reduce a landlord’s rental income. This is due to the fact that while the rental is vacant landlords need to maintain the property in a presentable state. Additionally there are high costs associated with cleaning, repairs, and marketing to quickly fill vacancies.

Property management companies not only have the expertise to reduce turnover rates, but they also have the resources to provide tenant screening and maintain positive tenant relationships. This means that a property manager can reduce the amount of time a rental is vacant, while filling it with a highly qualified tenant.

Property management companies can optimize the leasing process by handling in person showings, lease agreements, and the tenant vetting process. This helps to ensure a qualified tenant will be moving in. This can help to stabilize losses incurred from frequent vacancies and improve your rental income.

Legal Compliance

Landlords need to stay well informed about all the necessary local, state, and federal regulations that impact rental properties. For example, safety regulations, and tenant rights. California has some of the most strict laws that protect tenants, and it's important to know when these laws change. Property managers specialize in these types of laws and aim to ensure that your property complies with all legal requirements.

Additionally a property management company can provide risk mitigation. If you fail to comply with rental laws it can result in fines, and lawsuits. Property managers can help to mitigate risks by managing leases, handling evictions, and deposit dispositions.

As previously stated, laws dealing with landlords and tenants change frequently and keeping up with these changes may be difficult for some landlords. A full-service property management company should stay up to date on these changes as well as being able to manage any legal documentation. This can protect landlords from potential liabilities and losses.

A property management company shouldn't be seen as an expense, instead it should be seen as an investment. One who’s resources can be used to protect you and your property. If you're interested in hiring a property management company or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Reasons Beach Properties Need Property Management

getdustin@icloud.com (Dustin Edwards) — Tue, 15 Oct 2024 14:10:58 GMT

Long Beach investment properties are often sought out by inventors due to the general growth in their value. However, each property is unique, and some require more work to maintain and manage than others. For example, a property in close proximity to the beach will need more attention than a property further inland.

Today we’ll go over three reasons why beach properties should consider hiring a property management company.

Reason #1 Unique Maintenance

Beach properties, especially luxury beachfront rentals are particularly vulnerable to saltwater, high humidity, and wind. Salt is known for easily corroding metal fixtures, rusting pipes, and causing additional wear and tear to outdoor appliances, like HVAC compressors. The wind can pick up sand and pummel roofs, windows, and exterior paint causing them to become worn much faster than inland properties. Even for properties further inland, while not affected as much as beachfront properties will still need to consider additional maintenance and preventative care compared to properties in other cities. Oftentimes the exteriors of beach properties such as decks, railings, and siding will need more frequent upkeep compared to inland homes to avoid warping, or rotting.

Due to the additional salinity that may be deposited on the exterior of homes coastal roofs often require more frequent inspections after heavy rainfall. This can take time as you’ll have to be looking for missing shingles, or leaks caused by the humidity. Property managers can help by scheduling roof maintenance and gutter cleaning as preventative measures to prevent severe water damage. This can help you find and resolve minor issues before they become expensive.

Property management companies can coordinate maintenance between your tenant and tradesmen which promotes tenant satisfaction. Preventative maintenance also includes inspecting the home for mold or mildew, which can easily grow due to the humid environment provided by coastal living.

Reason # 2: Landscaping and Outdoor Spaces

The unique climate of beach cities may sometimes require specialized landscaping, especially if you’re trying to maintain a beautiful curb appeal throughout the year. Property managers ensure that lawns, gardens, and outdoor spaces are maintained. Alternatively, including or switching to a native landscape can help to save time and money since the plants being used are accustomed to the beach city climate. Regular landscaping and exterior maintenance allow your beach property to remain visually appealing. This is critical for attracting tenants and maintaining the property’s long-term value.

If your beach city rental property includes outdoor amenities such as a pool, deck, or outdoor BBQ areas, a property management company can oversee the maintenance of these areas. As stated, outdoor items may need additional care in order to ensure they remain functional and attractive for long-term tenants.

Reason# 3: Legal Compliance and Risk Management

There are many regulations regarding beachfront properties, such as environmental restrictions, zoning and coastal protection. A full service property management company will stay up to date on local, state, and federal laws and ordinances which may affect your rental property. For landlords who own short-term rentals, there are rules on how properties can be used, for example in Long Beach CA. ADU’s (accessory dwelling unit) aren’t allowed to be listed as short-term rental sites. Many investors may be unaware that the main home can be listed as a short-term rental while the ADU is listed as long-term. Property managers can stay up to date on local laws which may impact short-term rentals, this ensures any necessary adjustments are promptly made.

Property managers have the resources to handle tenant disputes professionally and efficiently. This can range from managing tenant complaints, to enforcing lease agreements, and handling eviction processes when it's required. They also take care of the process of refunding security deposits as well as assessing damages after a vacancy.

In addition, property managers can protect landlords from potential legal liabilities by providing a property that is safe for tenants. Including regular safety checks of safety items such as handrails, smoke detectors, fencing and security features .

Keep in mind a property management company is an investment, and is here to help you increase your monthly rental income. If you have any more questions about what services we can provide or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 Ways to Maintain Your Property While It's Occupied

getdustin@icloud.com (Dustin Edwards) — Tue, 08 Oct 2024 21:21:39 GMT

While you may own your rental property, you can't simply walk into your rental while it's occupied. If maintenance is needed, good communication and flexibility are crucial. It's best to propose several options to accommodate the tenant’s schedule. This shows respect for their living space and helps in maintaining a positive, cooperative relationship. This can improve tenant satisfaction , which can ultimately be beneficial to your bottom line.

Below, we’ve included a list of five ways you or your property manager can maintain your property while it's occupied.

Schedule Regular Property Inspections

Even though your rental may be occupied, this doesn't mean you’re never allowed to inspect the property. However, you will be required to provide your tenant with sufficient time to prepare for your arrival. This can all be communicated with your tenant prior to signing a lease agreement. Conducting regular inspections allows landlords to identify minor issues that the tenant may not have noticed. Allowing repairs to be made promptly before they become major problems.

Routine inspections help to keep a record of the property's condition over time. This can also help you to understand what part of the property may require deeper focus if the tenant moves out. Additionally this encourages tenant responsibility, as inspections remind tenants of their obligations to care for the property.

Coordinate the Correct Time

As established, communication with your tenant is going to be a top priority. When it comes to scheduling maintenance, it's best practice to try and schedule around your tenant’s availability. Alternatively they could also give permission for the tradesmen to work in the rental while they're out depending on the situation. Offering a number of different dates to your tenant to choose from allows you to schedule maintenance at a time when they are likely to be out of the house. This reduces disruption to the tenants, and makes it easier for the tradesmen to work uninterrupted.

If the tenant will be home, try to arrange a time that will cause minimal disturbance. For example if there are children in the house, or if the tenant works from home, it would be more ideal to schedule later in the afternoon than early in the morning.

Tenant is Not Present

Inspecting when the tenant is not present can be a highly effective way to minimize intrusion and ensure maintenance is completed efficiently. Once again, you'll have to come to an agreement with your tenant to ensure they’re comfortable with this arrangement. If this is the case, it allows landlords or the tradesmen to perform the necessary work without being too disruptive to their daily routine.

You’ll have to obtain their explicit consent for entry in their absence, by being transparent about all available information your tenant can be at ease knowing what to expect. This transparency is crucial, since in California entering your rental while having a tenant can be considered trespassing.

Exterior Maintenance

The simplest way to continue maintenance on your property while it's occupied is to work on the exterior of the property. You’ll still want to communicate beforehand that you have scheduled maintenance in case the tenant has outdoor pets or decorations they may want you to keep an eye out for. Exterior maintenance tasks include landscaping, painting, servicing the A/C compressor and gutter cleaning. These are vital in maintaining your property’s curb appeal while also providing preventative maintenance to the property.

It's best to coordinate with your tenant in order to inform them of scheduled work. Let them understand that while exterior tasks don’t typically require entering their living space, noise may still be generated. As well as, areas may require access restrictions.

For projects that may result in the need to restrict access to parking, or entryways it's important to provide notice and clear instructions.

Having healthy communications with your tenant can make doing maintenance in your rental property less of a headache. Failing to do so can result in tenant vacancies and high turnover rates. If you need help setting up maintenance while your property is occupied or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

How Does Living Close to an Ocean Affect Your Property

getdustin@icloud.com (Dustin Edwards) — Tue, 01 Oct 2024 21:17:07 GMT

Owning property near the ocean is one of many people’s goals. This is why Long Beach is an ideal city for investors. While properties near the ocean may be beautiful and sought after, it's not all sunshine and rainbows. With the sand, humidity and salt, there are many considerations to keep in mind when owning a rental property close to the ocean.

Don't let this discourage you though as today we’ll go over three different factors living close to an ocean can affect your property and how to deal with them.

Exposure to Saltwater and Humidity Increases

Due to the proximity to the beach, many homes and properties in Long Beach CA. have to deal with an increased exposure to salt and high humidity. Salt in the air tends to accelerate the corrosion of metal components. This can include railings, window frames, fasteners and hinges. Gradually, these materials will begin to degrade far more quickly when compared to inland properties. This can result in damage to the exterior finishes, like the paint and siding. Additionally, luxury beachfront properties also have to contend with winds that can carry sand, creating further surface erosion.

For this reason, properties in beach cities may require more regular maintenance to preserve the property’s curb appeal. Wooden structures, such as porches or decks, can be particularly vulnerable to rot and warping if not built with adequate protection. You’ll likely need to invest in moisture-resistant materials and be vigilant during inspections and general upkeep in order to prevent costly damage.

Year-Round Tourism

Beach city properties benefit from tourist traffic throughout the year, this can provide investors with an opportunity to attract both long and short-term renters. The charm of living in a beach city can draw visitors during nearly every season. The summer and spring are great for beach activities while the fall and winter are full of festive celebrations. Marketing short-term rental properties as attractive vacation rentals sites like AirBnB, investors can capitalize on the increased number of visitors. This helps to ensure steady occupancy rates and lowers vacancies. Having a dual-market approach to your portfolio not only maximizes rental income, it can lower overall costs and benefits your bottom line.

This is not without its drawbacks, as more tourism generally means more noise. This means for properties near areas with many loud events or tourists you may need to consider minimizing the noise your tenant will have to manage. Consider investing in sound proofing for your rental property to improve your tenant’s satisfaction.

Higher Rental Demand

Regardless of the challenges, properties near the ocean will typically have a higher market value due to their location. Beach cities tend to drive demand for rentals whether for both long and short-term leases. For example oceanfront properties are attractive to renters looking to vacation, while inland rentals appeal to tenants who are looking for stability while also having access to the beach and downtown Long Beach. Based on your rental, property owners can capitalize on seasonal income from short term rentals, or steady income from long term leases. Beach city properties also tend to appreciate in value over time, offering an added advantage for investors. However, owners must learn to balance property values and rental income with the added costs of maintenance to ensure a positive return on investment.

Although beach city properties may sound expensive, Long Beach CA . offers what many investors consider a great deal on rental properties. If you’re having problems filling vacancies or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 Reasons To Reassess Your Rental Prices

getdustin@icloud.com (Dustin Edwards) — Tue, 24 Sep 2024 21:10:15 GMT

Understanding when to reassess your rental prices can be the difference between breaking even and long term profitability. While you should regularly reassess your rental prices every year, there may be some times when reassessing should be done more frequently.

In this article, we’re going to go over five different reasons to reassess your rental prices in order to stay competitive and maximize your bottom line.

Changing Market Conditions

The rental market is constantly changing, and it can be influenced by a number of different factors including local demand, and seasonal trends. For this reason it's important to assess rental prices regularly as this ensures your rental property remains in line with the current market conditions. Being proactive helps to prevent rents from being too high or too low, depending on the neighborhood your rental is located in. This can ultimately maximize occupancy rates and maintain a strong market position.

Although it may seem counterintuitive to lower rent prices occasionally, staying competitive protects your investment and can improve rental income in the long run. This helps to ensure that your property remains attractive to prospective tenants.

Property Upgrades

Rental properties are regularly receiving maintenance and property upgrades. Though not all upgrades are created equal. If you've recently completed significant upgrades or renovations that increase your rental property’s value, reassessing your rental prices may be a good idea.

For example, modernized kitchens and bathrooms, smart home technology, or energy-efficient windows are great selling points for a rental property. Reassessing rental prices following these improvements helps to ensure that the improved value is reflected in your asking price. This approach not only helps recoup investment costs, it can attract higher quality tenants, and may potentially boost overall profitability.

Rising Operating Costs

Operating costs are constantly rising, increases in property taxes, insurance premiums, or maintenance expenses, can greatly impact your bottom line. Reassessing your rental prices and adjusting them to reflect these higher costs helps ensure that rental income adequately covers these expenses. While raising rent is a standard practice, it can affect turnover rates if done without care. This way you can maintain profitability, while preventing financial strain. It also supports the longevity of your investment. Keeping rental prices aligned with operational costs, can help you protect your investment's value while maintaining financial stability.

Turnover and Vacancy Rates

High tenant turnover rates or prolonged vacancies may be a sign that your rental prices don't align with the market expectations. Having your rental prices regularly reassessed can help find the perfect balance to attract tenants while maximizing income. Addressing potential pricing issues, can significantly reduce vacancy periods, and improve tenant retention. Reassessing your rental prices at least once a year helps to ensure your rental is competitive in the market. This can improve the overall performance of your property while maintaining low turnover and vacancy rates.

Neighborhood Development

Much like the market changes, the neighborhood of your rental can change as well. The development of new businesses such as grocery stores, or new infrastructure such as a neighborhood park can increase the desirability of your property. Reassessing rental prices after these changes can help you to capitalize on added attractiveness of the area.

Monitoring the rental prices of properties in your area that are similar to your rental is essential for staying competitive too. A full service property management company will oftentimes analyze the local competition to ensure your rental prices are attractive to prospective tenants. If you’re looking to reassess your rental prices or need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 Best Solutions to Keep your Tenants Warm

getdustin@icloud.com (Dustin Edwards) — Wed, 18 Sep 2024 03:47:57 GMT

As a landlord, keeping tenants comfortable while maintaining energy efficiency is incredibly important. While central heating systems are regularly used, there are cost-effective methods these systems are working efficiently. Ensuring your tenants stay warm without relying solely on heat provided by the HVAC systems.

Below we’ve pointed out five of the best solutions to keep your tenants warm, now that summer has come to an end.

Insulating Windows and Doors

Doors and windows are a common source of heat loss. This can lead to higher energy costs and uncomfortable drafts for your tenants. Installing or replacing worn out weather stripping around doors and windows can help to enhance your rental property’s insulative qualities. which in turn will reduce the need to run the HVAC system constantly. Door sweeps, and cellular shades, can enhance your property’s insulation and improve tenant comfort.

Properly sealed windows and doors have been shown to reduce heating costs by up to 30%, according to the U.S. Department of Energy. This not only beneficial to your tenants, it also reduces the overall property maintenance and extends the life of your HVAC system as it’s not working as hard.

Smart Thermostat

Programmable or smart thermostats are an affordable upgrade that allows your tenants to optimize their heating based on their schedules and needs from the convenience of their smartphones or tablets. These thermostats have the added benefit of lowering energy consumption by adjusting temperatures automatically or controlling them while not being home. This can ultimately provide cost savings for the investor and tenant. As they provide your rental property with a desirable feature that can attract quality tenants.

Proper Attic Insulation

Many older homes in Long Beach CA may not have adequate insulation in the attic.This can be detrimental for the colder weather as heat can easily escape this way. Not having proper attic insulation is problematic due to how heat naturally rises. Without attic insulation this heat radiates out of the home and becomes wasted energy.This puts unnecessary strain on the HVAC system, increasing energy consumption contributes to inconsistent indoor temperatures. Proper insulation can greatly improve these issues while also improving your rental property value. Additionally, attic insulation also helps during the hotter months as well by keeping cold air in the rental.

Heating System Maintenance

Most homes nowadays have some form of general heating whether it's an HVAC system or a mini split system . To ensure they are working efficiently, be sure to inspect air filters, ductwork, vents, and the air compressor. There really isn't a better solution to keep your tenants warm than a properly functioning heating system . For this reason it's a best practice to ensure everything is functioning properly before it may break down during the colder seasons.

Not only can this help improve your tenant’s satisfaction , it can help prevent expensive damages, repairs and in extreme cases fires caused from buildup of lint and debris in the vents.

Ceiling Fans

While typically a ceiling fan is used to cool down a room, if the fan is rotating clockwise instead of pulling cool air up, it pushes warm air down. This can greatly improve the efficiency of the heating system. As previously stated hot air rises, meaning it's generally warmer on the ceiling than it is on the floor. Be sure to communicate with your tenants that this should be done to help them reduce energy consumption and keep them satisfied during the colder months.

By implementing these solutions, you can greatly improve your rental property's energy efficiency, reduce heating costs, and provide a warm environment for your tenants during the fall and winter seasons. If you need additional help keeping tenants warm or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 Ways to Prepare your Rental Property for Fall

getdustin@icloud.com (Dustin Edwards) — Fri, 13 Sep 2024 03:35:20 GMT

As the weather changes and temperatures cool down, now is the perfect time for landlords and property managers to carry out preventive maintenance on rental properties. Preparing for the upcoming rain helps avoid problematic maintenance during the wet and colder months. This helps to ensure your tenant’s safety, and keeps the property in good condition.

Below we’ve highlighted five tasks to prepare your rental property ready for the upcoming fall.

Inspect Gutters and Downspouts

Fall brings with it cooler winds, debris and fallen leaves which can clog and damage your rain gutters . This can lead to water damage in a number of locations on your rental. Water can cause cracks to form on the exterior stucco, water can leak into the walls or roof causing mold and mildew or in extreme cases it can even damage your foundation.

When inspecting your gutter system you should not only clean out the dead leaves and debris, you should also inspect the gutters and downspouts for cracks or misaligned seams. The corners and seams of your gutter systems are the most common areas where leaks can appear. Any discoloration on the exterior walls can also be a sign of gutter leaks. Regular gutter maintenance protects your investment, and reduces tenant complaints about leaks.

Drafts around Doors and Windows

While Long Beach’s weather is fairly mild year round, it's important to make sure there aren’t any damaged seals around the doors and windows. As the temperatures fall, drafts around the windows and doors can lead to an increased heating bill. This can cause discomfort to the tenants which should be avoided. Additionally if your rental has central heating, drafts can increase the usage of the system which can increase wear and tear ultimately shortening the lifespan of your central heating system.

Inspect seals, weather stripping, and caulking to ensure there are no gaps or leaks. Worn weatherstripping should be replaced, and damaged caulk should be cleaned off before applying a new seal. These are quick and affordable fixes that can go a long way to the comfort of your tenant. Properly sealing windows and doors can also improve energy efficiency. This makes the property more attractive to prospecting tenants and reduces energy-related complaints. Ensuring there are no air leaks can potentially reduce heating costs by up to 20%, while putting less strain on the heating system.

HVAC Systems

The end of summer is a great time to inspect your HVAC systems. Although our falls are mild, and many tenants may not use heating during the day, cooler nights make heating important. As previously stated, a well maintained HVAC system can not only reduce energy consumption, it can last much longer than a neglected system.

Be sure to replace the air filters and inspect the ducting, as dust and pollen can accumulate in the duct work during the fall. This can also greatly affect the air quality of your rental. If you feel like your ductwork has been neglected for a long period of time, the accumulation of debris can become a risk for fire and even help to spread the fire through the ductwork.

Prepare Landscaping

The fall is an ideal time to work on the landscaping and curb appeal of your rental. You should consider pruning trees and shrubs to prevent dead or dying branches from falling on the property during the rainy season. Dead branches have been known to fall and damage roofs, windows, fencing and more if left alone.

By trimming the trees and maintaining the landscaping it reduces the risk of property damage as well as potential liability claims. It also keeps the property looking well-maintained which can improve the curb appeal if you’re dealing with a vacancy.

Inspect your Roof

Although you typically don't need to replace your roof every year, it's good practice to inspect it to ensure there’s no damage or leaks. Even though Long Beach generally experiences mild rainfall during the fall, there are some times where we are surprised with storms, therefore it's better to be prepared.

Inspect the roof for missing shingles, cracks or obvious leaks. Addressing these issues before the rain falls can greatly reduce future maintenance to your attic and roof. Water damage can be incredibly varied, ranging from a minor patch to replacing sheets of drywall due to mold and moisture.

It's better to be ready than to be caught off guard for the change in weather, and a little maintenance can greatly improve your bottom line over time. If you need help preparing your home for the fall season or managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 3 Ways to Minimize Noise Between Walls

getdustin@icloud.com (Dustin Edwards) — Fri, 06 Sep 2024 03:28:12 GMT

Investing in soundproofing solutions can help to enhance tenant satisfaction. This can reduce turnover rates and vacancies while justifying a higher rental rate. It can not only improve the living experience for tenants, it is a great marketable feature for prospective tenants.

Today we’ll go over three useful ways to reduce noise between walls and keep your tenants comfortable.

Soundproof Insulation

An incredibly effective way to reduce noise between walls, ceilings, and floors is using dense soundproof insulation. While this may not be the ideal solution for everyone due to the amount of time and financial investment it takes to do, soundproof insulation works by absorbing the sound waves which prevent them from traveling through walls. The insulation is dense and designed specifically to trap airborne sound. It helps reduce noise from voices, footsteps, and noises from the city.

Installing soundproof insulation is a practical, long-term investment. While the initial installation comes with a heavy upfront cost, the benefits may outweigh the expense. Reducing noise complaints , and improving tenant satisfaction can lead to higher retention rates, consistent lease renewals and fewer vacancies. Soundproof insulation rarely requires any maintenance and can last for decades. Additionally, many of the soundproof insulation are also fire resistant which contributes to the safety of your tenants and investment as well.

Soundproof Paint

Soundproof paint is a common solution for reducing minor noise disturbances. While not as effective as soundproof insulation, It contains sound dampening additives such as ceramic microspheres, which can help to absorb and reduce sound. Soundproof paint is applied like a typical paint, making it a convenient option during regular maintenance cycles, or when preparing a vacancy for the next tenant. Soundproof paint generally is used to address minor noise issues such as low level background noises, footsteps, and conversations. It’s rarely used on its own and oftentimes used in conjunction with other soundproofing strategies.

It’s not uncommon for tenants in multi-family properties to complain about noises from their neighbors. Soundproof paint can offer a cost-effective solution for investors trying to enhance tenant comfort without doing major renovations. As it can be applied during regular painting cycles, and doesn’t require any special tools it can save time and labor costs. Additionally, soundproof paint is similar to standard paint when dry, this preserves the aesthetic of your rental property without compromising the design.

Double-Pane Windows

Double-pane glass windows are an effective solution for reducing noise levels in rental properties. As the name implies, they consist of two layers of glass that have a small gap of separation. The space between the panes interfere with the path of sound waves, reducing their spread into the building. This configuration helps to dampen the external noises of the city such as traffic, construction, and nearby conversations. It ultimately helps to make indoor environments quieter and more comfortable for your tenants.

Double-pane glass windows are an invaluable investment for landlords who’s rental properties are located in high-traffic or noisy urban areas. Investors can greatly improve their tenant’s satisfaction and comfort while improving retention rates and reducing vacancy rates . These windows don't need any extra maintenance when compared to a typical window beyond regular cleaning. Double-pane glass windows are a long-term solution that when combined with other soundproofing efforts, such as the other methods discussed today can make for an incredibly comfortable living experience. Additionally, double-pane glass windows can also help reduce energy consumption as they also help to insulate the home from the weather.

Investing in your tenant’s comfort can greatly benefit your bottom line. A satisfied tenant is less likely to move. In loud areas of Long Beach having a quiet rental can be highly desirable for prospective tenants . If you need help keeping noise levels down or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

What is Best, Buy or Lease Solar Panels?

getdustin@icloud.com (Dustin Edwards) — Wed, 04 Sep 2024 03:23:44 GMT

Choosing between buying or leasing solar panels can be a crucial decision for investors looking to make their properties stand out with renewable energy. This choice can impact the initial cost, as well as the long-term savings. While installing solar panels on your rental property requires a significant upfront investment there are substantial differences between leasing and buying solar panels. Understanding these factors is essential for making the correct decision for your financial goals. Keep in mind you may need additional work done to the roof in case it may require reinforcing in preparation for the additional weight.

Today we’ll help to inform you on whether buying or leasing solar panels fits your investment strategy.

Initial Costs

Naturally when looking at the initial costs, buying solar panels will require a much larger initial investment. This range can be varied however, it is typically between $10,000 to $30,000 for a 1000 sq ft single family home. While this is a high initial investment, owning the solar system outright allows you to have full control over the system and benefit from it long term

Leasing solar panels on the other hand, requires little to no upfront investment, which may be more manageable for investors who are looking to avoid a large expense. Lease agreements generally have a $0 initial payment, though you’ll be committing to monthly payments for up to 25 years depending on your agreement. This can result in monthly payments of around $100 per month for a 5 kW system. While the yearly saving may not be as great when compared to buying the solar panels, they are still a great feature to emphasize when marketing your rental.

Short Term Benefits

Immediate ownership without an ongoing lease payment has the potential for substantial long-term savings for your tenant while not having to pay for the system every month. This investment can also enhance the property's value and appeal to environmentally friendly prospective tenants looking for a renewable source of power.

Some of the benefits of leasing include the aforementioned lower initial costs. Though unlike buying them outright, lease agreements can oftentimes include maintenance and repairs as part of the agreement. Whereas when buying the solar panels you or your tenant will be responsible for the maintenance and repairs of the system.

Long Term Benefits

The high upfront cost may be a significant deterrent for some property investors, though financing options and tax incentives can help to reduce this burden. Buying solar panels outright can also help you pass the savings to your tenants which can lead to frequent lease renewals, and reduce vacancy and turnover rates.

On average the total cost over time for the lease term may exceed the cost of purchasing the solar panels. Additionally, due to the leasing company owning the panels, investors may not benefit from tax incentives and other potential long-term savings. Though if the goal is to attract more tenants or to make your rental property stand out, the lower barrier to entry can make leasing solar panels more attractive for many investors.

With more and more electricity being used as we head to the future, it's a good idea to be prepared. Having a solar system can help provide tenants with peace of mind knowing that even during black outs they’ll have power especially if you also install a solar battery . If you need help deciding whether to buy or lease solar panels or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 Maintenance Items to do at The End of Summer

getdustin@icloud.com (Dustin Edwards) — Fri, 30 Aug 2024 03:52:33 GMT

Summer is quickly passing by for the beginning of fall. While the summer is one of the best seasons to live in a Beach City, the heat can do a number on your rental property. For this reason the end of summer is an ideal time to inspect your property, and do maintenance before the colder months bring with it lower temperatures and rain.

Today we’ve spotlighted five maintenance items to do as summer comes to an end.

Item #1 HVAC System Check-Up

As the weather begins to cool down, transitioning from air conditioning to heating follows. Be sure to check and service your HVAC system now in order to prevent breakdowns in the colder and rainy months. These maintenance services can include replacing the air filters, cleaning ductwork, and testing the thermostats to ensure the temperatures and timer functions are working properly. If you don’t have your HVAC system serviced regularly or only recently purchased your investment property, you should consider hiring a professional to check freon levels, clean the coils and check airflow.

Item #2 Lawn and Garden Maintenance

Over the spring and summer, lawns grow and flourish however, most grasses begin to slow down or go dormant once the weather begins to hit the 55°F which is the typical low for nights in Long Beach CA. At this point, it's a good idea to prepare for colder months by fertilizing, pruning and amending your soil. Fall is also a great opportunity to plant new shrubs in early fall as it gives the roots a head start at establishing themselves.

Item #3 Curb Appeal Touch-Ups

During the summer, especially during heat waves, the exterior of your rental property may wear down and look faded. Now is a great time to touch up any paint that shows signs of peeling paint. Doing this helps to maintain your home's curb appeal while protecting against upcoming rain-related damage from fall and winter. Remember that there is only one first impression, and a damaged exterior can be misjudged by prospective tenants as a rental with maintenance issues.

Item #4 Inspect Appliances

Many appliances such as dishwashers, dryers and washing machines should be inspected regularly to ensure efficiency. Dryers use vents to remove heat from the dryer, these vents however can become clogged with lint and other flammable debris. Washing machines and dishwashers on the other hand, can develop water leaks which can result in water damage to the walls, and flooring. If not taken care of, these leaks can ultimately lead to damage to the subflooring and even the foundation of your rental. This can lead to expensive repairs, a much higher water bill and higher tenant vacancy rates.

Item #5 Check Windows and Doors

While not at risk of damaging the property, air leaks can make tenants uncomfortably cold during the evenings. As a broken seal around a window or door can result in a cold draft of air around them. Tenants may complain about cold spots in the rental and a higher than average energy bill. This can risk a lease renewal while also putting a heavier strain on the HVAC system and shorten its lifespan considerably.

Ensure you check the window screens as well, as during the rainy season many pests such as bugs and mice look for dry areas. Damaged or missing screens allow these pests to get inside, once inside it may take weeks or months before realizing the rental may be infested.

Tenant satisfaction is the priority when keeping your rental property well maintained. For this reason it's important to have regular and seasonal maintenance to your rental property. If you are in need of help preparing your rental for the upcoming fall or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Ways To Make Your Beach Property Stand Out

getdustin@icloud.com (Dustin Edwards) — Tue, 20 Aug 2024 14:10:03 GMT

If you’re dealing with long vacancy periods, it may be time to make a change and make your rental property stand out from the competition. While keeping rental prices comparable to your neighborhood is a great start, sometimes you need to invest in making your property more remarkable than the competition.

Below are three ways we believe you can make your beach property stand out and start earning.

Highlight Unique Features

You should add high-quality photos to the listing for your rental property to stand out. Most prospective tenants use aggregate online applications such as Zillow and Rent.com to find rentals. To take advantage of this, you must make your listing stand out as much as your rental property. You can use professional photography to showcase your rental property’s best features. Although nowadays you can get great quality with only your smartphone, a professional can help to accentuate even the smallest details in the best lighting. High-quality photos can significantly increase interest in your online rental listings.

Emphasizing your property's unique features is crucial for attracting potential renters, especially in competitive markets such as Long Beach, CA. Highlighting more than just the property itself, such as oceanfront views, direct beach access, spacious decks, and unique architectural elements, can help your rental property stand out against the competition.

Virtual tours can present these features while also providing a more accurate showcase of the property and creating a strong first impression. This approach can not only draw interest but also help justify a premium rental price, enhancing your rental property's marketability and potential profitability .

Offer Premium Amenities

Offering premium amenities is a strategic way to help your rental property stand out and attract a broader audience. Premium doesn't mean luxury ; however, it should be considered convenient. High-end features like modernized kitchens and bathrooms are incredible at attracting more prospective tenants. This is because bathrooms and kitchens are usually left unchanged by the tenant, which increases their importance more than bedrooms or other living spaces.

Additionally, smart home devices, in-unit laundry facilities, security enhancements, and pet-friendly features are premium amenities many prospective tenants look for when looking for a new home. By incorporating premium amenities, you can significantly improve the attractiveness of your rental to a larger group of potential tenants. These amenities can help tenants feel safe and comfortable while justifying a higher rental rate.

Curb Appeal

You only get one first impression. By ensuring the exterior of the property is well maintained, prospective tenants will have confidence in the rental property. Bad curb appeal can lead potential renters to believe the property is often neglected and poorly maintained, giving them the idea that your rental property will provide a low quality of living.

Excellent curb appeal can ease the minds of skeptic prospects. It also has additional benefits, such as promoting safety and security. It can also improve your property’s value while giving you a competitive edge in the rental market.

Let's not ignore the interior, though. Ensure your rental property has excellent lighting and a fresh coat of paint. This can help your listing show off all the details of your rental, and when prospective tenants go for an in-person viewing, they can see for themselves the effort you've put in towards their future home.

Staying competitive in the rental market is more than matching rental prices. Standing out and grabbing the eye of as many interested applicants as possible can give you an edge in reducing vacancy rates and improving your bottom line. If you need help listing your Long Beach rental or managing your Beach City rental property, please call us today at (562) 888-0247 or complete our Owner Application online .

Best 3 Ways to Attract Renters In a Changing Market

getdustin@icloud.com (Dustin Edwards) — Tue, 13 Aug 2024 14:02:27 GMT

The rental market is always changing and evolving. Failing to keep up with the changing times can be detrimental to your rental income and result in high turnover rates and frequent vacancies. To avoid this, you need to understand what tenants are looking for in the market.

Today, we’ll discuss three of the best ways to attract renters in this ever-changing market.

Modernize the Property

Keeping a rental property up to date with the latest in modern amenities and finishes is essential for meeting the expectations of modern tenants. Notable updates include energy-efficient appliances, smart home features, and keyless entry.

Smart home solutions have become increasingly integrated into our modern lifestyles with smart thermostats, doorbell cameras, outlets, and switches that can be conveniently controlled through phone or tablet apps. These updates not only add convenience to a prospective tenant but can also be seen as a security measure . It's less likely for a would-be thief to break in if they know they're being recorded, and being able to control outdoor lighting can help to dissuade burglars even in an empty home.

Modernizing your rental is most important in the kitchen and bathrooms, as these are rooms that tenants can’t easily change. Modern fixtures in these rooms can significantly enhance the property’s appeal. Prioritizing these improvements can not only help increase the property's attractiveness but it can also potentially lead to higher rental income. Additionally, it can help to reduce vacancy rates while staying competitive in the ever-changing market.

Improve Curb Appeal

You only get to make first impressions once, and your rental property is no different. By improving curb appeal, you give your rental property the best chance of catching the eyes of a prospective tenant.

Consider landscaping with vibrant or native plants that show the natural beauty of Southern California while providing an easy-to-maintain landscape. A fresh coat of paint can help to accentuate the building. Additionally, consider adding outdoor seating areas to encourage a sense of community. This can give residents outdoor space to relax and socialize while making the rental seem more spacious.

Offer Incentives

You can offer many incentives to help your rental property attract renters. Aside from setting competitive pricing, offering attractive incentives is a great approach for maintaining a successful rental property. You may need to evaluate the market to ensure rent prices align with current conditions. Afterward, offering move-in incentives, such as the first month's rent being free, discounts for the initial months of their lease, or allowing pets, can effectively entice renters to pay attention to your rental property. This strategy can help fill vacancies quickly and enhance your rental property's reputation. This can make it more appealing in a competitive market.

Additional incentives can include flexible leasing options as a strategic approach to accommodating diverse tenant needs. For example, while it's common for leases for a year, if your rental property is near a college or university, consider doing six-month leases instead for students. By providing short-term leases or month-to-month options, your rental property can appeal to a broader range of prospective tenants. Offering furnished units or including utilities as part of the lease can be a bonus incentive, although this may require a higher initial investment.

Vacancies and high turnover rates can be incredibly detrimental to your bottom line. Not only do you miss out on the monthly income, you’ll have to invest in preparing the rental for the next tenant. If you need help filling a vacancy or need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Signs Your Rental's A/C Needs Service

getdustin@icloud.com (Dustin Edwards) — Thu, 08 Aug 2024 13:54:14 GMT

Keeping your tenants cool during the summer is incredibly important for reducing turnover rates. A comfortable tenant is more likely to renew their lease, directly affecting your bottom line in a positive way.

Today, we’ll go over three signs your rental property’s A/C systems may need to be serviced.

Inconsistent Airflow

Weak or inconsistent airflow is an early and common sign of an issue with your rental’s A/C system. Landlords should address this issue promptly to maintain tenant satisfaction . Problems can include weaker airflow from vents than usual or uneven airflow across rooms. This can signal that the air filters may be dirty or blocked, the ductwork may have developed a problem, or there may be an issue with the compressor's motor.

Addressing these issues early is crucial for ensuring efficient cooling and preventing further strain and potential damage to the A/C system . Being proactive with these concerns can not only enhance tenant comfort but also protect your investment by reducing the risk of total failure of the system. Especially during the summer, this can lead to expensive repairs and tenant dissatisfaction.

Odd Sounds and/or Smells

Unusual noises or odors from the A/C system are warning signs landlords should not ignore. Communicating with your tenants regularly to ensure no noises, such as grinding, squealing, or banging, can help you find and resolve the issues early. These odd sounds often indicate mechanical issues that need a swift response. Mold can grow in the system if the compressor is in a humid environment, and burning smells can result from electrical issues.

Ignoring these signs can not only lead to more severe damage to the A/C system but also result in additional damage to the rental property. Excess moisture can grow hazardous mold in the walls. Issues with the electrical may expose your rental to needing to upgrade its wiring or, worse, electrical fires, which can cost you thousands. A proactive property management company can address these issues promptly, protecting your investment and ensuring the comfort of your tenants.

Increasing Energy Bills

Rising energy bills or if your system frequently cycles on and off to maintain temperatures are subtle yet key signs that your system may be overworked. If a tenant mentioned an unexplained increase in energy costs during the summer heat, it could indicate that the A/C is struggling to maintain temperature. This can be due to several issues, including the thermostat, refrigerant levels, and overall system efficiency. While you may want to ignore this at first, remember that a tenant's comfort is crucial for lease renewals. Additionally, dealing with issues early on is far more cost-effective before systems begin to fail.

Frequent cycling, where the unit turns on and off more often than normal, is another subtle sign that there may be an issue with the A/C system. This can be as simple as replacing the air filter or recharging the refrigerant. You may need to change your approach to the A/C system and install a mini-split system instead.

Your tenant’s comfort directly affects your bottom line, which means sometimes investing a little extra to keep them cool in the summer can mean a lease renewal and reduced vacancy rates. If you need help keeping your tenants cool this summer or need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 Maintenance Items To Do During Summer

getdustin@icloud.com (Dustin Edwards) — Tue, 06 Aug 2024 13:50:42 GMT

Summer brings hot, sunny days perfect for relaxing and enjoying yourself. However, summer also offers an opportunity to do key maintenance before fall.

Below is a list of five maintenance items you should consider doing during summer to benefit your Long Beach rental properties.

Cooling System

Ensuring your cooling system functions efficiently during heavy summer usage is important for keeping your tenant comfortable. Basic upkeep can include replacing old and dirty air filters to improve airflow and increase efficiency. Cleaning the coils and checking refrigerant levels help to ensure the system's optimal performance. For rental properties with HVAC systems , summer is a great time to inspect your ductwork for leaks or obstructions. Simple maintenance can go a long way, but these tips can help enhance energy efficiency. Additionally, it may lead to lower utility bills and reduce the risk of breakdowns during extreme heat which can result in an expensive repair bill.

Roof and Gutter

Although inspecting a roof during the scorching summer is far from an ideal time, it does help to inspect your roof for any damage caused by the rain and winds. Pay attention to areas such as missing or damaged shingles. These can be potential leaks, which can compromise the roof's overall integrity. Cleaning rain gutters is essential in preventing water damage and ensuring proper drainage. By addressing the gutters during a dry season you can more easily see cracks that can be repaired in time for the following rainy season.

Exterior Maintenance

Maintaining curb appeal is important year-round. During the summer, regular lawn and tree trimming is typical. However, refreshing mulch and inspecting the siding or paint of your rental can help keep your property looking vibrant. Sprinkler systems can sometimes become clogged or damaged, wasting water and causing dry patches on the lawn.

If your rental has large trees, ensure they’re not overgrown. Tree roots can damage sidewalks and driveways, while some tree limbs can damage fencing and generally look unkempt. Taking care of these exterior issues can not only improve the property's appearance but also enhance the safety of tenants and their guests. These maintenance items can improve your property's attractiveness, reduce water waste, and increase tenant satisfaction .

Pest Control

Summer can often bring with it an increase in pest activity. Performing preventative measures can be crucial for property maintenance. Have your rental property inspected for signs of pest activity, just because you can't see them doesn't necessarily mean you’re in the clear. Look for nests, droppings, or odd smells, indicating that your rental property may be infested. These actions can help protect your rental property from damage caused by pests and ensure your tenant's comfort. Staying ahead of pests can avoid expensive repairs throughout the summer months.

Windows and Doors

Drafts, sealing gaps, and window cracks can greatly affect the efficiency and comfort of your property. Repairing or replacing damaged windows and window screens can significantly improve energy efficiency by preventing air leaks when the air conditioning is turned on and keeping pests out if your tenants just want to open the window. For old cracked windows, consider replacing them entirely with energy-efficient windows. They can not only further reduce cooling costs during hot months but also provide long-term savings. These upgrades can make the rental property more comfortable and secure while increasing its appeal and value.

Summer is one of the greatest reasons to live in Southern California. Although responsibilities come with it, if you are looking to do summer maintenance on your rental or need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 3 Reasons Why You Should Upgrade Your Wiring

getdustin@icloud.com (Dustin Edwards) — Tue, 30 Jul 2024 23:47:39 GMT

Most people never think about electricity until something happens to it. If your rental begins to blow fuses or trip breakers, it may mean you need to upgrade your electrical wiring.

While an expensive investment, today, we’ll discuss the top three reasons why you should upgrade your wiring.

#1 Safety

Electrical fires are incredibly dangerous and often destroy a home or building. Old or faulty wiring is a significant cause of these. While modern wires are designed to last well over 50 years, older wiring is insulated with cloth. This wiring can deteriorate and break down, exposing the live wires and creating a potential fire hazard. Many insurance companies won’t insure properties that use knob-and-tube (K&T) wiring, the standard in the early 1900s, or charge extra for coverage on older wiring. If your rental was built as late as the 1960s, there is a possibility that K&T was used. Upgrading the wiring in your rental can greatly minimize these risks. The insulation used in modern wiring is far more durable and flexible. It’s designed to handle higher electrical loads when compared to older wiring and provide better protection against overheating and short circuits.

Just because your investment appeared to be wired correctly when you purchased it doesn't mean the electrical system complies with current electrical codes. It's not uncommon for properties to be wired haphazardly by a handyman or for work to be done without a permit. For this reason, it's a good idea to have your rental electrical inspected properly, as failing can risk putting your property and tenants at risk.

#2 Improved Electrical Performance

Although modern electronics have become increasingly efficient, older homes weren’t built with modern electrical needs in mind. In today’s age, where everything is becoming electric, the demand for more power has never been greater. As technology advances, households use more electrical devices, from kitchen appliances to electric cars. Upgrading the electrical wiring ensures the electrical system can handle the increased demand. This upgrade can prevent circuit overload and provide a stable power supply for all devices.

Outdated electrical systems are prone to frequent issues such as blown fuses, tripped circuit breakers, and power fluctuations. These problems can be incredibly frustrating and disruptive to your tenants. Modern wiring systems are more reliable and robust, providing a consistent power supply and reducing the likelihood of electrical faults. This improvement enhances the overall living experience for your tenants, making it an invaluable investment.

#3 Increased Property Value

Upgrading the wiring in your rental property can be a significant selling point for potential buyers when you decide to sell the investment property. Buyers look for properties that are not only aesthetically pleasing but also renovated and safe. Upgrading the wiring demonstrates that you, as the property owner, have invested in the property's infrastructure. This helps to ensure it meets current safety standards. These investments help make your property more attractive to potential buyers as there is a lower likelihood of facing electrical issues in the immediate future. Additionally, a property with updated wiring can command a higher rent price, attracting more interest from prospective tenants.

Upgrading your wiring can be a smart long-term investment for your rental property. By modernizing your electrical wiring, you lower the potential maintenance of these systems. It can also reduce the risk of a late-night emergency that requires immediate repairs. This proactive approach can prevent costly electrical maintenance. Additionally, it can extend the lifespan of the electrical systems. A well-maintained and updated electrical system can increase the overall longevity of the property. Upgrading your wiring not only enhances the current conditions for your tenants but also ensures that your property maintains its value for years to come.

Home electricity is one of the most important systems we rarely think about. Yet, if left ignored, it can lead to dire consequences. If you need help inspecting your rental’s electrical wiring or managing your Beach City property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Reasons To Buy A Battery For Your Solar Panels

getdustin@icloud.com (Dustin Edwards) — Tue, 23 Jul 2024 23:44:31 GMT

Solar panels without battery storage typically use the utility grid as a battery. First, solar energy is used to power the home directly. However, any excess energy collected is pushed onto the local grid. This means that the home uses power from the local grid when the solar panel system produces less energy, like in the evenings or on cloudy days. While this doesn’t negatively impact your rental, you should consider installing a battery for your solar panels to take full advantage of your solar system .

Below are three reasons why buying a battery for your solar panels can improve your monthly rental income.

Reason 1: Energy Independence

As a landlord or investor, ensuring that your rental property has a reliable power source during outages can greatly improve its appeal to potential tenants. As the summer gets hotter, southern California occasionally has to place a flex alert or roll blackouts to maintain the grid functioning properly.

A battery system with solar panels provides a dependable backup power supply for these disruptions. Having independent power can be a key selling point for your rental, as many tenants are still in the market for homes that offer amenities for those who work from home. Batteries for solar panels offer tenants peace of mind, knowing they can continue to work, play, or relax, enjoying the A/C reliability and without interruptions.

By storing excess solar energy generated during the day for use at night or during cloudy days, you can help reduce your tenant’s energy bill. Tenants will appreciate the predictability of the energy bill, making your rental property more attractive and competitive in the rental market.

Reason 2: Financial Savings

Electricity prices are lower during the earlier hours of the day, overnight, and on the weekends. By Utilizing stored energy during peak electricity rate periods, your tenants can expect lower electricity costs for your rental property. This can greatly improve their satisfaction, leading to more lease renewals and fewer vacancies. If your rental property includes utilities, this can be an amazing amenity to the tenant while not costing you an arm and a leg.

Installing a battery also allows storing and using more solar power from your property's solar panels. Without batteries, the electricity is sent back to the grid. It also means you maximize your investment by reducing wasted energy and increasing your return on investment (ROI).

Reason 3: Environmental Benefits

Buying a battery system for your solar panels can help reduce your rental property’s carbon footprint by relying less on fossil fuel-based grid power. Nowadays, many prospective tenants look towards green solutions to reduce pollution and are willing to pay a premium for these features. Storing and using renewable energy generated on the rental contributes to a cleaner environment. By promoting your property's commitment to sustainability, you can attract environmentally conscious tenants who prioritize green living. This can positively affect your bottom line while also showing concern for the surroundings.

Investing in a battery system for your rental property's solar panels offers numerous benefits that cannot be overstated. These factors can increase your property's appeal to potential tenants, provide a reliable source of power, and increase its value. If you’re unsure if you want to invest in a battery system for your solar panels or need help managing your Beach City rental, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 5 Property Features to Improve with Your Rental

getdustin@icloud.com (Dustin Edwards) — Tue, 16 Jul 2024 23:37:28 GMT

Most Americans move between May and September, meaning that right now is a great time to improve your rental and take advantage of this. While there are many features you can upgrade, today we’re going to go over the top five features to improve in your rental that tenants are looking for

Modern Kitchens and Bathrooms

Kitchens and bathrooms are often the most expensive rooms in most homes. Upgrades in these rooms can significantly enhance the appeal of your rental property. While many tenants can move furniture and decorations to make the living areas to their taste, the kitchen and bathroom will typically not change. This increases the importance of these two rooms for attracting prospective tenants.

Energy-efficient and modern appliances must attract tenants seeking contemporary living spaces. Sleek fixtures and fittings provide a clean and modern look, which allows these areas to stand out. Focusing on upgrading these rooms will not only increase the property's value but also ensure a higher level of tenant satisfaction. This can lead to a longer tenancy, which can reduce vacancy rates.

Efficiency

Improving energy efficiency in your rental property can be considered cost-effective and environmentally friendly. Many tenants nowadays look for sustainability as well as affordability. Old appliances should be replaced with energy-efficient models to reduce energy consumption. While providing energy-efficient appliances is a great way to start providing an energy-efficient rental, consider upgrading core systems as well. Upgrading your plumbing can reduce water waste and prevent leaks. Many older homes have inefficient cooling or HVAC systems , which can lead to expensive electric bills. To further improve efficiency, inspect your home’s insulation. While it lasts up to 80 years, roof leaks can shorten efficiency. Smart home devices can also help to reduce overall electrical usage.

Smart Home Technology

Integrating smart home technology into your rental property can improve both convenience and security for tenants. Smart thermostats allow your tenants to program the temperature control, which can not only improve energy efficiency but also provide your tenants with additional comfort. Smart locks and surveillance cameras offer added security and peace of mind. Smart home hubs for device integration allow tenants to manage a number of elements of the rental environment seamlessly. Smart home technology can help make your property more appealing, competitive, and attractive to tech-savvy potential tenants.

Curb Appeal

First impressions matter, especially for rentals, as a tenant can decide immediately after seeing the property’s exterior. Many tenants view the exterior of a rental as a sign of how much a landlord cares about the property, and if the exterior isn’t in good shape, they often assume the interior might look the same or worse. Improving your rental property's curb appeal can attract potential tenants with well-maintained lawns and gardens. For great results requiring little maintenance, consider drought-resistant grasses and native plants. This creates a welcoming environment while promoting the beauty of the native environment. Regular cleaning and repairs to the exterior paint and siding help maintain the rental and make it look great. Consider using outdoor lighting to enhance security , making the property more inviting at night. Investing in exterior improvements can increase the rental property's desirability and potentially command higher rental rates.

Communal Amenities

For multifamily rental properties, consider offering communal amenities. These can significantly boost the attractiveness of your rental property. For example, if in-unit washers and dryers aren’t included in the rental, provide on-site laundry facilities. This can be incredibly convenient for tenants, saving them time and money. Communal areas like lounges, game rooms, or rooftop gardens foster a sense of community among tenants, which can encourage interactions. This can also make your property more appealing to a diverse range of prospective tenants.

Much like a property management company, improving your rental’s features shouldn't be seen as a cost; rather, it should be seen as an investment to improve your rental income . If you are looking for help improving your rental or need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 Reasons to Choose Central A/C vs Mini Split

getdustin@icloud.com (Dustin Edwards) — Tue, 09 Jul 2024 23:33:32 GMT

With summer in full blast, it's the best time to consider installing some air conditioning. While a window unit may be the easiest form of air conditioning to install, they’re unsightly and not very efficient. Proper cooling is necessary to keep your tenants comfortable during these hot months, helping ensure their satisfaction.

Today, we’ll discuss five reasons for choosing central A/C over a mini-split system.

Reason 1: Efficiency

Central A/C was once considered a luxury, and that would drastically increase the electrical bill. However, in recent years, the efficiency of central cooling has increased drastically, especially for large spaces or homes with many different rooms or living areas. This uniform cooling helps avoid hot and cold spots, ensuring a comfortable environment in every room. While a mini-split may be more affordable in some scenarios, they typically have only one or two air handlers, which can result in those hotspots in larger rooms. As well as difficulty covering hallways and bathrooms.

On the other hand, mini-split systems are better suited for smaller rooms or specific areas of a home. However, multiple mini-split units may be required for larger homes, defeating the purpose as they become less efficient and more costly than a centralized A/C system .

Reason 2: Aesthetic

Central A/C requires ductwork, typically in the attic. These are less visible indoor components, maintaining a cleaner look. The only visible proof of central A/C are the vents and the filter. This allows homes to feel more spacious than homes with mini-split systems. This results in less visible indoor components, maintaining a clean and clean look in your rental.

While easier to install, mini-split systems have large air handlers mounted on walls, which might affect room aesthetics. Central A/C, much like mini-split systems, requires the installation of an outdoor air compressor. Although for central A/C, one compressor can sufficiently cool down every room in the rental, a mini-split system may require more compressors if you want to install an air handler in every living area.

Reason 3: Cost

Central A/C systems generally have higher initial installation costs because of the extensive ductwork and the need for a powerful central unit. Despite the significant upfront investment, central A/C can be more economical for large spaces over time. This can be due to the potential energy savings and the efficiency of cooling the entire home with a single system. Comparatively, mini-split systems come with lower upfront costs, making them an attractive alternative for investors with smaller budgets. Yet, the price can quickly increase if multiple units are needed to cool more than a few rooms. Every additional unit increases the overall installation expense and the electric bill. This makes mini splits far less cost-effective for rentals with more than two bedrooms.

Reason 4: Noise Levels

Central air conditioning systems are known for their quieter operation. This is mainly because the compressor is outdoors, either on the rental side or on the roof. This design ensures that most of the noise is outdoors, keeping the indoor living spaces quiet. The components inside the rental, such as vents and ducts, will usually produce little sound, which can enhance the comfort of your rental property.

Mini-split systems can produce noticeable noise from the indoor air handlers. While not as loud as window units , the sounds from the fan and compressor within the indoor air handler can be heard. While typically not too loud, the noise can be distracting in higher settings on hotter days.

Reason 5: Durability

Central A/C systems require more complex maintenance because of their extensive ductwork and centralized components. While regular professional servicing is necessary to ensure ideal performance, with proper care, these systems can last over 20 years.

Mini split systems, while offering easier maintenance with simpler cleaning and upkeep, still lack longevity. Although landlords or property management can often handle basic maintenance tasks, mini splits may have a shorter lifespan than central A/C systems. Early signs of failure may occur within ten years, meaning they might need to be replaced more frequently. This can potentially lead to higher long-term costs when compared to central A/C.

Keeping your tenants cool this summer can be incredibly important to their satisfaction. Satisfied tenants are more likely to renew their leases and provide long-term income. If you need more help deciding which kind of air conditioning system is right for your property or need help managing your rental, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

3 Signs Your Property Should Install a Mini Split System

getdustin@icloud.com (Dustin Edwards) — Tue, 02 Jul 2024 23:27:23 GMT

With summer heating up, it's important to ensure your tenants' comfort by keeping them cool. For many smaller homes, a window unit may suffice, though to keep tenants satisfied in this hot summer, consider a more efficient mini split system. Tenants can see when you’re trying to improve their living conditions, which can result in long-term tenants with frequent lease renewals. This can ultimately reduce vacancy rates and improve your bottom line.

For this reason, we’ll be going over three signs you should consider installing a mini-split in your rental property.

Poor Temperature Control

As the days seem to get hotter and hotter, traditional window units struggle to provide adequate cooling in some rooms. This can lead to fluctuating temperatures and uncomfortable living spaces. Additionally, because your tenant will need to use the window unit A/C at a lower temperature setting, it can lead to high energy bills. This inefficiency in power consumption and cooling can be detrimental to your tenant’s comfort, which, if left unchecked, can result in a vacancy.

A mini-split system offers more precise temperature control in individual zones, although some additional work would be required for larger homes. That being said, a mini-split system is still considerably more energy efficient than a window unit. In fact, some mini splits can lower your tenant’s energy bill by as much as 30% compared to older window units.

Lack of Ductworks

Compared to central A/C , a mini-split system is far simpler to install. If your property hasn't installed a ductwork system, consider installing a mini-split system. The upfront investment is noticeably lower when compared to a traditional HVAC system. This is also true if the ductwork needs repairs. Ductwork repairs can be as expensive as a new install, depending on the damages. However, you should use your best judgment when deciding on this. Compare the price of repairs to the installation of a mini-split system. On average, the cost of installing a mini-split system with only one air handler is around $1200, assuming there aren't any additional electrical components needed as well. However, if your ductwork is in good shape, it may be worth continuing to use the existing system.

Renovations or Additions

A mini-split system can be ideal if you're considering a renovation or adding new rooms to your rental property to increase rental income . Unlike traditional HVAC systems requiring extensive ductwork, mini-splits can be installed with minimal disruption. This means you can save money by not adding more ductwork to the rental property while providing adequate cooling to the new living spaces.

This makes mini-split systems ideal for retrofitting spaces where ducts, such as rooms with no attic access, may be impractical. Because a mini-split system allows the air handler to be installed in specific areas, it ensures that newly renovated or newly added rooms receive precise cooling in the hot summer months. This targeted approach not only enhances comfort but also maintains the property's overall energy efficiency, which can be attractive to prospective tenants.

Keeping your tenants comfortable during the summer heat is a surefire way to entice a tenant to renew their lease. This can directly improve your rental income and significantly reduce vacancy rates , which can be incredibly costly. If you are unsure if you should install a mini-split system in your rental or need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 5 Services that Property Management Companies Offer

getdustin@icloud.com (Dustin Edwards) — Thu, 27 Jun 2024 16:14:29 GMT

First time landlords may attempt to manage their own properties to save money, and this is a good idea for those who are do-it-yourself inclined. Yet, others can become easily overwhelmed by the duties involved with managing their rental property.

This article will share a list of five important responsibilities that any full service property management company should offer.

Tenant Screening

Screening prospective tenants cannot be understated as tenants are a direct link to your earnings. A bad tenant can potentially cost thousands, whether it be in damages or legal fees. By screening your tenants , you greatly reduce the risk of finding undesirable tenants and also greatly improve the possibility of finding a high quality tenant. A property management company should be able to screen potential or prospective tenants by performing background checks, verifying rental history, checking their credit score, and following up with their references.

A high-quality tenant can reduce the risk of unnecessary costs and improve your chances of having a satisfied tenant. Satisfied tenants tend to live in rental properties for the long term, renewing their lease often. Finding a good tenant is also one of the best ways to minimize vacancies and the loss of income.

Rent Collection

Tenants typically see property management companies strictly as rent collectors. This isn't the case, as there are many services that property management companies can provide to your tenants. Although collecting rent is one of them, instead of going door to door, collecting a check or cash, a property management company can help set up tenant portals. This is where tenants can reliably pay their rent consistently.

Rent collecting software can be a great convenience for tenants and landlords alike. As makes it easier to enforce payment policies, ensuring that the rent is paid on time, and provides you with a consistent income. This also provides investors with reliable records in case non-payment becomes an issue and an eviction process needs to be initiated.

Maintenance and Repairs

Routine inspections allow for the identification and addressing of maintenance issues. Oftentimes, emergency maintenance can be incredibly stressful for landlords who are managing their own properties, as this means that you need to be available 24/7 for those extreme cases. Property management companies will oftentimes have a number of qualified vendors that can help coordinate with your tenants to provide repairs and renovations.

Regular maintenance can extend the lifespan of your rental property's core systems such as HVAC, electrical, and plumbing, which can ultimately save you money and increase earnings.

Marketing and Advertising

Extended vacancies can greatly affect the amount of your overall income. Not only do you lack the funds from the rent, but each time the unit becomes vacant, you must prepare it for future listing and tenants. By employing effective marketing strategies, a property management company can attract the correct prospective tenants. This means listing your property on the most frequented rental sites such as Zillow, apartments.com, or rent.com. By using high-quality photos and videos, you can attract more prospective tenants than by simply putting a sign in front of the rental.

Legal Compliance

Southern California has some of the strictest laws protecting tenants. Understanding local and state laws is incredibly important for anybody attempting to enter the real estate industry. The resources of a property management company who is familiar with your local laws can ensure compliance and reduce the risk of legal disputes.

This extends to lease management, such as drafting and enforcing lease agreements that comply with legal standards. In the case of legal disputes such as managing evictions, deposit dispositions, and other legal matters a full service property management company can provide you with protection.

Property management companies should be viewed as investments rather than expenses. They provide landlords with crucial resources to give you peace of mind and frees up time which you can spend expanding your portfolio. If you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 5 Property Features Renters Look for in a Rental

getdustin@icloud.com (Dustin Edwards) — Tue, 18 Jun 2024 16:06:59 GMT

Vacancies can be incredibly stressful for landlords and investors. As you're not only losing income, you're spending money preparing the rental for the next tenant. By providing features that tenants find desirable, you can not only reduce your vacancy rates but also improve your tenant retention. If you're looking to fill in a vacancy, it's a good practice to find out what tenants are looking for in a rental.

Below are five property features that renters look for when hunting for a new rental.

Location

One of the key features renters look for is location. Even if the rental property is great, easy access to major roads and highways can be convenient for tenants who need to commute. While other prospective tenants may prioritize proximity to schools, workplaces, and shopping centers.

The general neighborhood where your rental is located greatly affects the desirability of your rental property. A clean neighborhood near parks and recreational facilities can oftentimes yield a higher rent and attract more attention from prospective tenants.

Modern Amenities

There are many amenities that tenants are looking for when searching for a rental. Many of the amenities that tenants look for in rentals include energy-efficient and up-to-date kitchen and laundry appliances. As well as a reliable and efficient climate control system. Other amenities that you can provide your tenants include in-unit dishwashers, in-unit laundries, hardwood floors, smart home features , and high speed internet access.

Like most consumers, tenants want to feel as though they’re getting their money’s worth. Even though the asking rent should be adjusted to ensure your income isn't affected, tenants can find value in the time they’re saving.

Security

Everyone wants to feel safe in their own home. For this reason, many tenants look for security features when looking for rentals. In multi-unit dwellings, an intercom system and security cameras enhance the safety of the tenants whereas in luxury rentals full time security personnel should be offered. Adding remote access through smart locks or a pin pad can help to make entering the property more difficult for a would-be thief.

The exterior of the rental should be properly illuminated at night and include motion sensor security lights. These are oftentimes used as a deterrent as most break-ins occur under the cover of darkness.

Space and Layout

The space and layout of your rental property can greatly affect how prospective tenants view your rental property. Spacious and functional layouts can maximize living space even in smaller rentals. For example, homes with multiple bathrooms are incredibly desirable to most prospective tenants and should be marketed as such.

Many tenants look for sufficient closet space, and storage areas. The more efficient the rental’s layout is, the more living space there is for your tenant.

Pet-Friendliness

Many young adults are now having families older than in previous generations, typically after the age of 30. Nowadays, many prospective tenants look for rental homes that allow pets, with cats and dogs being the most common. While being pet-friendly does help attract a greater market, you should be careful as pet-friendly rentals should be prepared to accommodate them. Such as tile flooring instead of carpet and hardwood floors. For this reason, it's common for landlords to add reasonable pet fees and deposits to protect themselves from potential damages.

By catering to your tenants' wants and needs, you're more likely to have tenants willing to renew their leases and live in your rental for extended periods of time. If you're unsure if your rental property has any desirable features for renters, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

5 Unexpected Benefits of Hiring a Property Management Company

getdustin@icloud.com (Dustin Edwards) — Thu, 13 Jun 2024 15:58:20 GMT

Hiring a property management company could seem like an extra cost to being a landlord. Although many have learned that by using the resources the property management company provides they can afford the time to expand their portfolio.

Today we're going to go over five unique benefits of hiring a property management company, And why it can help you improve your earnings.

Tenant Satisfaction

Many tenants view property management companies as simply rent collectors. However, this isn't the case, as many property management companies help make living in your rental easier. While, yes, property management companies will collect the rent monthly, they will also provide services such as maintenance, repairs, and communicating with tenants.

Tenant satisfaction is incredibly important and directly affects your bottom line. It’s known that a satisfied tenant will typically live in your rental much longer, and they have a higher likelihood renewing their lease. Long term tenants provide a consistent stream of income while avoiding vacancies. Satisfied tenants are also likely to have better communication with the property manager. This can be beneficial as you want tenants to feel comfortable when requesting repairs or maintenance. This means there is a higher likelihood that you will catch repairs early before they become expensive.

Property management companies should be able to provide quick and professional repairs. Fast responses to maintenance requests leads to a satisfied tenant and as we've established, a satisfied tenant is beneficial to your bottom line.

Improved Bottom Line

Many first time investors see property management companies as a cost rather than an investment. They will oftentimes delay the hiring of a property management company because of this. A property management company should be seen as an investment, as it will oftentimes help you save money, time and improve income through reducing vacancies . Using their resources for effective marketing strategies to attract high-quality tenants. Through regular maintenance they may improve the longevity of core systems such as HVAC, plumbing, and electrical. This can save you money, and reduce the risk of expensive repairs.

As previously established, maintenance is important for tenant satisfaction. Though it also helps maintain your property's value. Regular maintenance allows you to increase the lifespan of your appliances, and the building itself. Routine inspections of the rental property also allows you to identify any issues with the property inside and out.

Property management companies allow for continuous upkeep and improvements, which typically increase property value. They may recommend or provide certain strategic upgrades based on market trends to enhance your property's curb appeal, and desirability to prospective tenants.

Improved Tenant Screening

A high-quality property management company will oftentimes have a log of quality tenants, and more resources to be able to improve the screening process of prospective tenants. This includes background and credit checks, employment verification, rental history, and references for the tenant.

By improving the tenant screening process , a property management company can help you find the best tenant suited for your property. This means that you reduce the risk of renting your property to unreliable tenants, which protects landlords and investors. Which can ultimately improve your bottom line.

Reduced Stress

Managing a rental property yourself is something many first time landlords attempt. Though it's not uncommon for landlords to become overwhelmed especially if more properties are added to your portfolio. For example, dealing with emergency maintenance requires you to be available nearly 24/7 which can become incredibly stressful the more properties you’re attempting to manage. A property manager can handle the day-to-day operations and responsibilities, which can free owners from the routine tasks of collecting rent , maintaining the property, and communicating with tenants.

Property management companies can also handle disputes with tenants, reducing the involvement of the investors. This could be for small conflicts, like a noise complaint, or something more serious, such as dealing with evictions or legal disputes. All while providing frequent reports of occurrences which can help you get the peace of mind you need.

Free Time

As the old adage goes, time is money. A property management company can help streamline many tasks, such as automating rent collection services, handling paperwork, dealing with lease agreements and renewals. This allows you to focus your time on growing your portfolio or to simply enjoy your free time with your family and friends.

Managing your rental properties can feel like a burden, though with assistance from a property management company you can rest assured your property is in good hands. If you need help managing your beach city rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

What Does Full Service Property Management Mean for Your Luxury Rental?

getdustin@icloud.com (Dustin Edwards) — Tue, 11 Jun 2024 15:49:27 GMT

Luxury rentals are a subset of the overall rental market which are oftentimes exclusive to high end neighborhoods such as Belmont Shore or Naples. Although in order to manage luxury rentals you should consider that they require more investment to maintain their status.

A full service property management company should be able to provide the necessary resources to aid you in properly managing your luxury rental.

Below are five elements a full service property management company can provide to maintain an edge against this competitive market.

Premium Tenant Services

Luxury rentals require far more attention than a typical rental. A full service property management company needs to be able to provide premium services to their tenants. This means offering personalized services that can include deliveries and package handling, setting up reservations, and help with event planning.

It's crucial to be available around-the-clock for the tenants needs and in case of emergencies. Having excellent communication is incredibly important for any landlord or investor, however with luxury rentals communication is even more important. As it is expected to receive premium services when paying a premium for the rental. Professional and prompt communication is necessary to ensure tenant satisfaction for your luxury rental.

Meticulous Property Maintenance

Luxury rentals need to be maintained to a higher standard. This means that the property managers should provide frequent and detailed inspections, as well as provide and maintain high standards of quality.

Not only should repair requests be logged efficiently, there should also be little to no downtime between the request and the repair. The exterior of the rental should also have a premium aesthetic and presentation. It should be kept in pristine condition, using professional landscaping and features can help achieve these results.

Luxury rentals need to maintain a premium feel. This may require updating the core systems, such as HVAC, electrical, and plumbing, to modern standards. Additional features such as high speed wireless internet, and smart home systems should be monitored so as to not fall behind the rapidly evolving technology.

Tailored Marketing Strategies

To attract legitimate inquiries for your luxury rental, it's key to use marketing channels that specialize in luxury rentals to ensure only legitimate inquiries are done for your luxury rental. In order to stand out from the competition, listings should use high-quality photos, as well as videos displaying the rental property inside and out. Professional photos of the interior along with drone footage of the rental from the outside has shown positive results.

A full service property management company should offer private showings and virtual tours focusing on every detail of the luxury rental to prospective tenants.

Legal Compliance

California has many laws set to protect tenants over landlords and investors. A full service property management company should have adequate resources and experience in local laws to protect your assets from many of the more obscure tenant laws. Like with most rentals, dealing with the uncooperative tenants can be stressful and expensive. However for luxury rental the risk is greater due to the original investment. Many legal issues can significantly impact your bottom line, therefore it's essential to have a property management company capable of protecting you and your investment.

Upscale Amenities

Luxury rentals need to go above and beyond for their tenants. This means providing amenities for tenants, their guests, and their pets. These amenities may include pet friendly common areas, a game room, fitness center, and spa just to name a few. Within the unit some luxury amenities should include the aforementioned smart home systems, heated floors and high speed internet.

Luxury rentals seem difficult to manage because of the financial and time investment needed. Although a full service property manager can help relieve some of the stress that comes with managing a luxury rental. If you're interested in managing your luxury rental or need help managing your other Beach City rental properties. In that case, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

What Property Management Technology is Important to You as a Property Owner?

getdustin@icloud.com (Dustin Edwards) — Mon, 03 Jun 2024 15:43:17 GMT

Technology is evolving fast, and it is no different for property management. It's important to not get left behind as there are many time and money saving benefits from adopting technology as a property owner.

Below are property management technologies that can positively affect your bottom line.

Online Tenant Portals

Online tenant portals provide your tenants with easy access to pay rent instantly and automatically. This can reduce stress on the tenant and ensure that you are getting your rent without having to deal with late fees. It also means your tenants can pay on time consistently and reliably while you avoid getting paid by check or cash. Which while reliable, oftentimes involve trips to the bank and waiting for checks to clear.

Tenant portals also allow them to submit maintenance requests and communicate with management about their needs. This reduces the amount of time spent finding maintenance issues which can lead to expensive repairs. Some maintenance may be critical and need to be fixed as soon as possible. The tenant portal allows for dated requests making it easier for you to prioritize repairs.

They also allow for communication between property managers and tenants, as well as the owners if they so please. This secure communication route stores conversations for future reference, providing protection for both the tenant and yourself.

Automated Maintenance Systems

As previously stated, maintenance is incredibly important to managing a property. Not only does having adequate maintenance provide tenants with the support they need to live comfortably in their rental, but it gives you peace of mind as well. Preventative maintenance is incredibly important to the longevity of any building, unit, house, or apartment. There are many softwares that can help facilitate scheduling and tracking regular maintenance tasks to prevent expensive repairs. Such as Latchel and Jobber which can be used to send the appropriate vendor to fulfill repair requests.

Mobile Applications

There are many applications that you could download on your mobile device to help manage properties remotely. These include applications such as Rent.com, Apartments.com, Realtor.com/Avail, and Zillow Rental Manager. Not only are these excellent applications to help you collect rent and manage contracts, you can also get immediate notifications and updates on your property status. It's an amazing way to engage your tenants, as these apps can significantly improve your tenants' comfort during their stay at your rental. As a landlord, these kinds of applications help reduce the busywork of property management while optimizing your time.

Smart Home Technology

Smart home technology is often seen as simply a way to access your home appliances remotely. Smart home technology also adds key features such as efficiency. For example, smart thermostats and lighting appliances can help reduce energy consumption, which can overall reduce your tenant's energy bill. Technology allows your tenant to view how much power they're spending, as well as control when to turn items like the thermostat or the lights on prior to them being in the house to cool down, or if they forgot, they can turn them off remotely. This is an incredibly convenient feature that many modern tenants look for when looking for a rental.

Smart home technology also helps with security. Nowadays, you can have remote access to security cameras , as well as your door locks and alarms. Smart home technologies also attract tech-savvy tenants looking for more modern homes, which can reduce vacancy rates.

Learning new technology can seem challenging for many, though it's oftentimes worth investing the time in learning them as they are a great asset in managing your portfolio. If you’re interested in understanding how property management technologies can aid you in managing your properties, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

What Does a Full-Service Property Management Company in the 90808 Zip Code Offer?

getdustin@icloud.com (Dustin Edwards) — Tue, 28 May 2024 21:18:40 GMT

Being a real estate investor can be quite competitive. While many do-it-yourself (DIY) landlords prefer to manage their properties themselves, this isn’t true for everyone. Managing a property comes with more responsibilities than collecting rent at the beginning of the month, which can be time-consuming.

For this reason, many investors choose to work with a property management company. Full-service property management companies are more than just a hand to help with your property. They can provide you with peace of mind, additional resources, and the freedom of time, which you can use to spend with friends and family or re-invest in expanding your portfolio.

In today’s article, we’ll discuss what a full-service property management company offers in the 90808 zip code.

Not Just Collecting Rent

You’ll naturally be interested in the services provided when searching for a full-service property management company . While some services should be expected, such as collecting rent monthly, you may not be aware of other services. These can include support for both landlords and tenants through email, phone calls, text messages, and a website portal. You should also receive monthly and year-end statements forwarded to you and other owners.

For maintenance, a full-service property management company should be able to receive, issue, and coordinate repair requests sent by tenants. To better understand security deposit dispositions, it should also complete move-in, pre-move-out, and move-out inspections.

While it's preferable not to have to deal with evictions and other time-consuming legal issues, a full-service property management company in 90808 could handle collections, eviction coordination, and follow-through. Many landlords can be caught off guard when dealing with evictions, especially the first time they encounter this situation. Full-service property management companies will often have more resources to deal with these circumstances. Finally, they can maintain a rental trust account, and tenants' rent and security deposits are safe and independent of typical business activity.

Additional Benefits

The services above are usually part of the fees included in their responsibilities. However, other benefits aren’t included in their fees. This includes many services, including an inspection and suggestions for your property’s marketability—professional quality digital photos for your listing. A “For Rent” sign is placed visibly at your rental property for local traffic. A lock box installation is needed for property security. Professional rental analysis of your area and competition to reduce vacancy periods. Unlimited advertising for increased visibility. Applicant screenings, phone calls, e-mails, and property viewings to ensure a high-quality tenant. They also deal with contract preparation, lease execution, and renewals. As well as weekly landlord updates.

Understand Your Needs

While many investors can use many services provided by a full-service property management company, only some property management companies will be suitable for some investors. It's good practice to assess your needs , visit their website, and contact the property management companies to see what they specialize in. For example, a company can seem perfect, except they specialize in luxury rentals when you need a company specializing in small-scale complexes or duplexes.

A full-service property management company should not be seen as an expense. Instead, it should be viewed as an investment. After all, as the saying goes, “time is money,” and time is what a property management company truly provides. Suppose you have additional questions about what services property management companies in the 90808 zip code offer or are looking for assistance managing your Beach City rental property. In that case, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How are Rental Properties Performing in the 90808 zip code?

getdustin@icloud.com (Dustin Edwards) — Tue, 21 May 2024 21:09:43 GMT

An important aspect of real estate is learning how the market shifts. These changes happen often, and there are many variables to keep track of. For instance, at the time of this article, there are about 30 available rentals listed on Zillow in the 90808 zip code. This number can change, especially at the end of a month.

Below is a summary of rental property performance in the 90808 zip code and the significance of analyzing rental property performance.

Factors that Influence Rent Prices

Several factors can influence rental prices on a rental property. One of these factors is location, as your rent can fluctuate significantly based on how close your rental property is to important locations such as a school, police station, park, shopping center, hospital, etc. Rental properties in places with fewer conveniences may significantly reduce rental asking prices.

Providing perks to your rental property, such as appliances like washers, dryers, and dishwashers, as well as private parking, utilities, and smart home features, can also help increase the asking price of a rental. The size of your property will be the most significant contributing factor to rental prices, as large properties will naturally garner higher asking prices.

Average Rent

As of the writing of this article, for the zip code of 90808, the average rent for an 800-square-foot unit is approximately $2500, though this doesn't consider the number of bedrooms and bathrooms. It's essential to understand how much the average rent is in your rental property's area, as this affects how much a tenant is willing to pay for your rental property. Looking at your property and comparing it to similar properties in size, aesthetic, layout, and age helps you determine how much you can ask for.

While you may want to charge the most amount for rent, it's important to remember that filling a vacancy earns more than trying to maximize monthly income through rent alone. A single month of vacancy can cost, at the very least, an average of $2500 of lost income in addition to any maintenance that may be required, which can take months or years to recover from financially. Comparatively, filling the vacancy at a slightly lower price is still positive. Regular rental analysis can help minimize vacancy rates and improve your bottom line.

Vacancy Rates

Vacancy rates are significant in determining how the market is performing. Currently, in the 90808 zip code, rental vacancy rates are approximately 2% from 9500 units. Keep this in mind: the more vacancies there are in your area, the lower you can charge for a rental. High vacancy rates can increase competition, as high vacancy rates often mean a surplus of rental properties on the market. As an investor, you must compete far more aggressively to attract high-quality tenants.

Generally, this means you may need to lower rents, offer move-in incentives , or both to fill your vacancies. While it may seem ideal to charge as much as possible, keep in mind that it is a delicate balancing act that can greatly affect your income if tenants move out.

Market Trends

Market trends only reflect the market; they just show what has happened and what is likely to occur based on previous data. Understanding market trends helps investors make an informed decision about how much to charge for rent and what types of properties to invest in for the future. It can show the trajectory of asking rental prices, allowing you to make informed decisions. For example whether or not you want to invest in single-family homes, condominiums , apartment complexes, or duplexes.

Suppose you have additional questions on rental properties performing in the 90808 zip code or are looking for assistance managing your Beach City rental property. In that case, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Discover the Property Technology Innovations that a Full Service Property Management Company Offers

getdustin@icloud.com (Dustin Edwards) — Thu, 16 May 2024 19:12:59 GMT

With how fast the world is moving, it’s incredibly important not to be left behind. Modern technology , while intimidating at first, is often a great time saver.

Landlords starting and investors looking to expand their portfolios may inquire how property technology innovations can help manage their Beach City properties.

In today’s article, we’ll review some of the innovations a full-service property management company offers.

Tenant Portals

Tenant portals are essential to property technology innovations provided by entire service property management companies. They help streamline tenant communication, providing a central hub where tenants can request repairs, file complaints, and pay rent online. Additionally, they can provide digital access to necessary documentation. Tenant portals can enhance tenant satisfaction, leading to long-term tenants renewing their leases more often. For landlords, a tenant portal can improve management efficiency. Tenant portals are a digital interface that ensures a seamless and transparent tenant experience.

Automated Rent Collection

As previously mentioned, collecting rent online is another aspect of property technology innovations offered by entire service property management companies. Many services, such as mobile apps like Zillow Rental Manager, allow rent to be paid online or online payment platforms that allow for repeating charges like Zelle or Venmo. These options each have unique benefits compared to paying rent in cash or with a check. Using these services simplifies the payment process for tenants. Streamlining the process of making rent payments more accessible for tenants can ensure timely payments. This improves consistency in revenue for investors and reduces administrative expenses.

Smart Home Solutions

Smart home devices have become incredibly popular in recent years for their convenience and ability to help tenants economize on their utilities. Smart home solutions are cutting-edge property technology innovations that help remotely secure your rental property. Various smart devices are offered that can help with remote access to the property, as well as security lights and cameras.

Smart home solutions, such as locks, thermostats, and security systems, can enhance tenant comfort and energy efficiency. These technologies give tenants greater control and convenience while improving property management with real-time monitoring.

Mobile Apps

Most adults nowadays are regularly on their phones, and property management software is equally accessible. Property management software offers several time-saving benefits for investors comfortable navigating online spaces. Much like the tenant portals, property management apps enable online rent payments, maintenance requests, and a centralized hub for communication between management and tenants. Apps like the Zillow above Rental Manager, Avail, and Apartments.com offer tools to help investors with every experience level, from those looking for their first tenant for their newly constructed ADU to the most seasoned investors. While many apps exist, you may need to research which app best suits your needs.

Change can be challenging, though you don't have to go through it alone. Property technology innovations were made to help landlords save time. Time can be spent expanding your portfolio or with the family. If you need help with property technology innovations or are looking for assistance managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

What Does it Mean to be a Full Service Property Management Company?

getdustin@icloud.com (Dustin Edwards) — Tue, 14 May 2024 19:03:54 GMT

For those looking to invest in real estate for the first time or those looking to expand their portfolio, the idea of having a company manage their properties has likely come up more than once. Ideally, you want a company to take care of all your property management needs.

A full-service property management company should offer a comprehensive range of services. These should be designed to handle every aspect of property management to make your life easier . Below, we’ll go over what being a full-service property management company means.

Budgeting and Financial Reporting

Most tenants see property management companies as just rent collectors , and while that is a service most property managers provide, a full-service property management company assists with budgeting by breaking down the rental property’s income and expenses, such as incoming rent, maintenance costs, and losses from tenant turnover. Using this information, they can estimate future costs and revenues.

Financial reports should be expected with some regularity. This way, as an investor, you can see where your capital is going and how much is going to your bottom line.

Tenant Acquisition and Marketing

Vacancies can be financially draining to even the most veteran of investors. A full-service property management company should have a list of available and vetted tenants ready to move in as a tenant is moving out. Entire service property management companies should be able to provide excellent marketing by listing your property on the most popular real estate marketplaces companies, such as Zillow or Apartments.com. They should provide high-quality photos, property viewings, and complete move-in, pre-move, and move-out inspections.

While filling in a vacancy quickly is essential, filling it with a high-quality tenant is equally important. A tremendous entire service property management company will oftentimes have a list of requirements for tenants, including:

Five years of residential history
Rental References
Verifiable Income
Background Check
Credit Check

While it's challenging to find the ideal tenant, having a list of requirements makes it more likely that you will find a tenant who is suitable for your rental property.

Lease Management

As the name suggests, lease management involves managing the lease to your rental property. Entire service property management companies help by overseeing the drafting of your lease agreements and any potential renewals. Lease management also includes the aforementioned tenant screening, rent collection, addressing tenant concerns, and lease terminations.

Property Maintenance and Repairs

No matter how well kept, every property sometimes requires maintenance or repairs. A full-service property management company should be expected to be able to deal with tenants' repair requests. However, occasionally, the building may need some maintenance. For this reason, it's a good idea for the property to be inspected regularly so minor issues don't grow to be expensive repairs. Some repairs require immediate attention, such as water leaks or electrical short-circuiting. This is where a complete service property management can save you from a headache as they typically have more resources to do emergency repairs at any hour.

Legal Compliance

Rental laws in California often benefit the tenants over the landlords, so it's good practice to work with experienced property management companies in the same area as your property. This can help to ensure compliance with local laws and allow them to manage legal disputes and evictions while minimizing losses.

The real estate industry is incredibly competitive, and a full-service property management company can be a great ally. If you are looking for assistance managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How to Find the Right Property Management Company in the 90808 Zip Code

getdustin@icloud.com (Dustin Edwards) — Tue, 07 May 2024 18:50:08 GMT

Finding the right property management company in Long Beach can be difficult for some. Though not all are suited for every investor, there are many options to choose from. While you find recommendations from other property owners, they are excellent for established investors.

Those without these connections or new investors can use the following five recommendations to aid them in finding the right property management company.

Assessing Your Needs

Remember that property management companies are not one-size-fits-all. You should first identify your needs to best understand what to look for. Some companies are better suited for managing single-family homes, apartments, or condominiums .

Older buildings, for example, may require more resources to maintain, while others may be pet-friendly. Once you’ve assessed your needs, you’ll be able to better understand what services and specialties you may be looking for.

Online Reviews and Ratings

Nowadays, the easiest way to find a property management company is to search for one in the 90808 zip code. While many companies may appear, you cannot tell which one is the right one for you without looking into the company’s reviews.

Even here, you should be skeptical, as not all companies are reviewed honestly. For example, a company with only perfect 5-star ratings and only a few reviews can be a red flag, as well as an ideal rating, all within the same day. Conversely, a company with a high number of reviews and multiple 5-star reviews seems more organic and can validate its experience.

Company’s Track Record

A company’s history is a great way to determine if it follows its values and treats its clients well. A great way to check a company’s track record is to see if there are follow-ups on their reviews. Some companies use these reviews as opportunities to correct any unforeseen issues.

Another great way to view a property management company’s track record is to search for it through the Better Business Bureau (BBB). Not only can you find their rating, but you can also see if the company has resolved any complaints.

Visit Their Website

Naturally, a property management company wants you to visit their website. It's their opportunity to show you what that property management company offers . You can then verify if the property managers in question offer the services suited to your needs. Their website can also show you the effort they make with their clients. For example, if they provide services only to the investor or the clients,

Detailed Cost Breakdowns

They should also include a breakdown of their services and the cost on their website. As previously alluded to, here is where understanding your needs is helpful. They now have a breakdown of their services, costs, and specialization. Here is where you can assess whether or not your budget, requirements, and preferences are being met by the property management company.

Finding the right property management company for your needs can be time-consuming. However, remember that property management companies are seen as an investment, not a cost. This is because a property management company saves you time. This is time you can invest in expanding your portfolio or just spending time with friends and family. Suppose you need more help understanding how to find the right property management company for you or help managing your Beach City rental property. In that case, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Top 5 Security Measures to Add to Your Property

getdustin@icloud.com (Dustin Edwards) — Wed, 01 May 2024 03:12:08 GMT

Everyone wants to feel safe in their homes. As an investment property owner, it's up to you to decide whether or not to include security measures in your property. Many of the costs associated with the security measures can be included in the rent, meaning not only can you keep your property safe, but you can earn more income in the long run. However, you would still want your tenants to have renters insurance to protect their assets.

Today, we’ll discuss the top five security measures you can add to your property and why they're beneficial to you and your tenant.

Security Cameras

Cameras are probably one of the first security measures people think about when asked about security. Cameras provide more benefits than just surveillance. They provide an extra level of security for the safety of the tenants and their belongings. Additionally, security cameras can be useful when repairs are required. Cameras can aid in supervising repairs and maintenance to ensure you’re receiving the agreed-upon work. During vacancies when the property is empty, security cameras can help keep the property safe from potential intruders.

Doorbell cameras are incredibly popular now. They provide the aforementioned safety of a camera that can be accessed remotely, as well as the ability to communicate with visitors. Although one must be careful never to say you're not home, just say you're unavailable to strangers.

Security Lights

Security lights with motion detectors are another effective tool when adding security measures to your property. These lights brightly if a potential intruder attempts to get near your home. They can provide enough illumination to see the intruder or, at the very least, scare them off. Nowadays, you can find a combination of security cameras and motion-activated security lights, such as the floodlight cam wired plus from Ring . Additionally, because these lights only turn on when motion is detected, they’re more cost-effective than traditional lights with a switch.

Illuminate the Property

Light generally deters intruders as it's more difficult to hide. Adding lighting to the landscaping can increase the security of the property while creating a relaxing atmosphere. Lights can also be used in other areas of the property to accent features such as trees, benches, or artwork. This can help your property stand out while giving your tenants an additional feeling of safety.

Keyless Entry

Keyless entry is seen as both a convenience feature and a security feature. They usually use an electronic passcode, biometric data, or grant access through a smartphone app. Physical keys can be lost, stolen, or duplicated. You reduce the risk of unauthorized entry by eliminating the need for a physical key to enter the property. Many keyless entry systems include several features, such as remote locking and monitoring. Although keyless entry is a great new technology for keeping your tenants and properties safe, they’re best used with other security systems.

Security Company

Nothing beats having an extra pair of eyes on your property for security. This is where security companies like ADT and SimpliSafe come in. While companies may deal with security in varying ways, they aim to protect your investment. While safety is the primary role of a security company, remember that many tenants may be willing to pay more for a premium amenity like a home security company.

Keeping your property and tenants safe is incredibly important to the longevity of an investment property. If you’re looking to improve the security of your Long Beach rental property or need help managing your beach city rental property, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Best Methods of Communication Between Tenants and Property Management Companies

getdustin@icloud.com (Dustin Edwards) — Fri, 19 Apr 2024 03:04:32 GMT

Effective communication between tenants and property management companies is necessary for optimizing rental income . There are many strategies for building a tenant communication plan . By fostering a healthy communication channel, tenants and property managers can promptly address and resolve concerns. This can lead to improved tenant satisfaction , which, in turn, improves investors' profitability.

Below is a list of some of the best communication methods between tenants and property management companies.

Email

Email communication between tenants and property managers is quick and simple. Emails also provide both parties with a written record of communication, which makes Them incredibly important for documenting maintenance requests, tenant notices, complaints, and other updates. Emails also maintain a great record of important discussions and agreements, which can minimize misunderstandings and help resolve disputes.

Emails aren’t perfect, however, as not every tenant will diligently check their inbox. This can delay urgent matters. Emails can also lack tone and non-verbal cues, leading tenants or property managers to misinterpret each other.

Over the Phone

Communicating over the phone is nothing new. It's a direct and immediate communication tool useful for urgent matters or important updates. Calls also provide both parties with real-time clarification of details and are much better for conveying tone effectively. This also helps provide tenants with the feeling of a quick resolution, which can improve tenant satisfaction .

Phones aren't only used for calls anymore; many young prospecting tenants often use text messaging as their primary form of communication. Text messaging offers a great alternative way to communicate with brief messages, and much like emails, it provides written documentation of the communication.

While both methods promote healthy communication between tenants and property managers, remember that being available after typical working hours can significantly benefit the relationship between the two parties.

Online Portal

Online portals are communications platforms that allow tenants and property managers to communicate through a dedicated online channel. An online portal facilitates more than just communication between tenants and property managers. They provide a secure and centralized platform that can not only offer seamless communication but can be used to pay rent, submit maintenance requests, and quickly submit proof of necessary documentation. Like emails and text, online portals also provide written documentation if needed.

Be Proactive in Communication

Healthy communication between property managers and tenants can help foster a healthy relationship with your tenants. However, you should keep your tenant’s preferences in mind. Ask your tenants about their communication preferences and check in with them often. Follow up with previous concerns and ensure your tenant feels comfortable speaking with you.

Especially with maintenance requests, it's important to resolve the issue quickly. This provides a satisfactory resolution to the tenant’s concern, which in turn may make your tenant feel appreciated and heard. Additionally, you want your tenants to feel comfortable requesting maintenance issues, as they can become larger and more expensive problems if left unchecked.

The importance of healthy communication with your tenant cannot be understated. Many tenants move out when they feel their needs still need to be met or maintenance requests are ignored. In order to keep vacancy rates low, it's good practice to establish a great communication line with them. If you’re unsure what method best suits your requirements or need help managing your beach city rental property, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

5 Reasons Managing Condos is Different Than Managing Single Family Homes

getdustin@icloud.com (Dustin Edwards) — Wed, 10 Apr 2024 02:46:46 GMT

Property managers must be skilled and equipped with the knowledge and resources to manage different rental properties. Condominiums, for example, offer a number of benefits, especially for investors looking to expand their portfolio without breaking the bank. Although similar, there are many differences between managing condos and single-family homes.

In today’s article, we’ll discuss some of the differences between managing condos and single-family homes .

Maintenance

As the landlord of a single-family home, you’re responsible for fixing most of the repairs required to maintain the house in a habitable state. This can be expensive, especially in older homes with outdated core systems like electrical, plumbing, and HVAC. Depending on the amenities provided to the tenant, you may also be responsible for fixing or replacing appliances. Other maintenance you’d be responsible for include pest control, windows, doors, and paint, just to name a few.

Condominiums, on the other hand, have an association that takes care of the majority of maintenance. This association requires owners to pay monthly dues, similar to an HOA. Management will take care of exterior landscaping, paint, and other cosmetic maintenance items. As well as repairs like leaks, electrical problems, and other significant issues. This fee can fluctuate depending on inflation and the general cost of living increase. Many owners don't mind the investment if it means peace of mind.

Vacancy Rates

Although the demand for housing in Long Beach is high, there is a larger demand for condos and apartments than single-family homes. Each person may have their own reason, though some of these can include amenities such as gyms, pools, and safety features. While some prospective tenants may want to rent a house for privacy or more space, this isn’t the case for everyone.

This does mean, however, that you’ll have less time to prepare a vacancy for the next tenant when compared to a single-family home. However, this is generally a good problem to have.

Flexibility

As previously stated, most condos have a homeowners association tied to them. This means you’re limited in how you modify or renovate the living space. This includes both the condo's interior and exterior, making it challenging to stand out. You may also be restricted in allowing pets in the rental, the amount of noise coming from the condo, or the use of the common areas for your tenant.

While single-family homes are more expensive, you can change nearly everything about the house however you see fit, assuming the house isn’t located within an HOA. Additionally, depending on the size of your rental property, you can construct an ADU from the ground up or convert an existing garage to maximize your rental income without investing in a new property.

Security

Condos, like apartments, foster a sense of community and safety because of their shared spaces. Many condos also offer security features such as surveillance cameras, security entrances, and occasionally an on-site security guard.

Compared to single-family homes, in order to have a similar sense of security, the owner may need to invest in security systems such as cameras, motion-sensor security lights, and a security system like ADT or SimpliSafe.

Both condos and single-family homes offer several benefits and risks. However, if you feel like condos are your preferred investment or need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Which ADU is Right for me? Ground-Up Construction vs. Garage Conversion

getdustin@icloud.com (Dustin Edwards) — Fri, 05 Apr 2024 02:32:26 GMT

ADUs are a great way to step into the real estate investment market. Typically, This is because they're cheaper to build than a brand-new house, especially if you’re converting a garage. This means you don't need to invest in a new property to gain a rental. The fact that an ADU is within your property can also help first-time investors manage it themselves. For experienced investors, ADUs can help maximize the income a property can generate.

Below is a list of elements to consider when building a brand-new ADU or converting your garage.

Budget

Your personal build budget is usually the primary factor in deciding which kind of ADU you’re going to build. For those with a tighter budget, a garage conversion will likely be preferable, as, on average, it can cost from $100,000 to $150,000. However, in these cases, you're limited to the dimensions of the original garage.

While building a brand new ADU does allow for more creativity, you’re still limited by the maximum allowed size of 800 square feet in Long Beach, CA. For a ground-up build, the general average starts at $200,000 and can go as high as $400,000 or more, depending on layout, materials, and ADU design .

Time

Building a brand new adu or converting a garage into an adu takes time. Both choices provide several pros and cons based on your needs. While converting an existing garage into an ADU may take less time, you’ll likely be limited to the original garage dimensions. However, you’d be able to list and render the ADU much quicker. Ground-up construction may take longer to complete. If you maximized the allowed proportions, you could have a higher rental rate.

Additionally, the permits to convert a garage are approved quicker than those for new construction. This can greatly affect the timeline of your build. If time is not an issue, you can opt for new construction and acquire permits and materials whenever possible.

Garage conversions from when you first talk with a designer can take anywhere from 9 to 14 months if everything moves smoothly. If your plan is to maximize the potential income from renting the ADU, then perhaps the 10 to 18-month time frame for a ground-up ADU build is acceptable.

Space

Converting a garage may be more practical for homes with limited space than building a new ADU. However, you will sacrifice storage and parking space. Although there's no minimum lot size needed to build an ADU, ideally, you should maximize the available space to improve the rental income from the ADU. Naturally, accommodating a new construction ADU can be more straightforward if your home resides on a more considerable lot of land.

Potential Yield

The amount of time and money invested in your adu can greatly affect its yield. A garage conversion is usually limited in space because of the original building. A two-car garage is, on average, about 500 square feet, roughly the size of a studio or a single-bedroom apartment. Depending on the amenities provided in the rental, you could potentially earn $1,500 to $1,700.

Using the allowed 800-square-foot layout for a new construction ADU, you can build a two-bedroom, two-bath home. With the larger building, you could potentially see $2,500 or more, once again depending on amenities and incentives provided to the tenant . Before listing your ADU, remember to do a rental price analysis to ensure it is at a fair market price. This can greatly reduce vacancy periods.

Beginning your real estate journey can feel daunting, though it doesn't have to be the case. If you need more help deciding what kind of ADU is best suited for you or need help managing your ADU, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Mini-Splits vs Window Units. Which is Right for You?

getdustin@icloud.com (Dustin Edwards) — Wed, 03 Apr 2024 02:22:18 GMT

A satisfied tenant is often a great asset to any portfolio. A happy tenant is a long-term tenant. Making sure your tenant is comfortable during the upcoming summer heat is important to keeping them happy. Today, we’ll go over the differences between mini-split and window air conditioning units so you can make the right choice for yourself and your tenant.

Upfront Cost

The upfront cost is the first difference between a window unit a/c and a mini-split system . A window unit generally costs between $200 for entry-level units and over $600 for higher-end units, including heaters. Window units are designed to sit in an open window. They tend to have fins to prevent the cold air from escaping through gaps, and occasionally, they may require some support. This makes the installation affordable and accessible and affordable for most do-it-yourself owners.

A mini-split system, on the other hand, will start at about $1000 and go up in price based on brand, power, and the amount of zones it controls. Unlike a window unit, mini-split systems aren’t nearly as DIY-friendly, meaning you'll likely need to hire a handyman or a professional. Installation of a mini-split system is an additional cost you’ll have to consider. On average, installing a mini-split system can cost $1,000 up to over $10,000, depending on the range of sizes, efficiency rating, and brands.

Long-Term Use

The differences become significant. While the upfront cost of a mini-split system is higher, its lifespan is usually 20 years compared to a window unit’s lifespan of 10 years. At that time, running a mini-split system cost less as it was more efficient than a window unit. It's been stated that a mini-split can lower the electric bill by 40% compared to a window unit.

Another aspect many should consider is the aesthetic and noise levels. A mini-split system is broken down into two parts: a condenser that can be installed somewhere hidden and an air handler that, when installed correctly, can blend into the walls of a room. Since the condenser is outdoors, there is little noise from the air handler inside. A window unit is all in one, meaning your tenant would not only have to sacrifice a window for it, but it is also quite loud and unattractive.

Maintenance

Much like the upfront cost, there is a significant difference between a window unit a/c and a mini-split. The maintenance for a window unit a/c includes cleaning and replacing the air filter every one to three months to ensure its efficiency. As well as filling in any gaps that may have opened up after installation. Since the coils sit outside the window, you may need to inspect and clean the outside, as dirt or debris may collect on the unit. Finally, most window unit a/c systems should not be installed year-round. They should be taken out of the window and stored correctly to safeguard it from damage when not in use.

Much like with window units, the main maintenance concern for mini-split systems is keeping them clean and minimizing obstructions. This means you should avoid having shelves or other furniture in the way of a mini-split air handler. For mini-split systems, the condenser is installed outdoors, and it also needs to be cleaned regularly every six weeks unless it was installed in a location that doesn't get too dirty.

The summer can bring with it incredibly beautiful yet hot days. If you want to ensure a long-term tenant, providing some form of cooling is a good idea. If you’re unsure what cooling system you should install or need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

4 Ways to Improve Tenant Satisfaction

getdustin@icloud.com (Dustin Edwards) — Thu, 28 Mar 2024 22:53:40 GMT

Finding the perfect tenant who respects the lease agreement, always pays on time, and doesn’t cause issues is challenging. However, this isn't just a random occurrence, as a happy tenant will often become the perfect tenant.

Today, we’ll explore four ways to improve tenant satisfaction, which will improve your chances of finding the perfect tenant.

Communication

Many landlords have been stereotyped as only caring about collecting rent. This can happen when there isn't clear and open communication with tenants . Developing a healthy communication channel between both parties can ensure satisfaction from the tenant, which can then result in a content tenant. This can increase the probability of a tenant renewing their lease, reducing turnover and vacancy rates.

A great way to maintain good communication with tenants is to provide many viable channels. This can be in the form of phone numbers to call and text, an email address, or a dedicated portal for tenant requests.

Remember that communication is a two-way street, and a good landlord should be proactive. Landlords and property managers should regularly collect feedback from tenants. With this information, you can gain greater insight into the state of your tenants and rental property.

Tenant Rewards

It's not uncommon for high-quality tenants to feel they’re taken for granted. A good tenant generally means they’ve never paid late, kept the rental in excellent condition, and had no complaints towards them. Why not show that you’re paying attention by rewarding these valued tenants? After all, it's your property, and a good tenant will help ensure your investment lasts many years.

A small gesture can go a long way, such as gift cards to popular restaurants or coffee shops, which are simple ways to show appreciation . A gesture that most tenants will appreciate will also be to delay or forgo a rent increase. It's been well established that it's more cost-effective to keep a good tenant happy and for the long term than dealing with a vacancy and the process involved with finding another tenant.

Quick Response to Requests

The impact of quick and efficient handling of repair and maintenance requests on tenant satisfaction cannot be overstated. One of the most common reasons tenants are unsatisfied and move out is a lack of prompt response to service requests. Establishing a system to respond and act on a request quickly can significantly improve your tenant satisfaction. Even if the repair may take some time, responding quickly to their concerns shows your tenants they are valued.

There are many ways to streamline a request process to make it easier for the tenant and the landlord, such as online tools and platforms allowing tenants to request directly to the landlord or property manager.

Privacy

Privacy is crucial to building a good relationship with your tenants and is also a legal obligation. Two aspects of privacy are involved. First, you want your tenant to feel comfortable. Landlords often unintentionally invade tenants' privacy, making them feel like they're walking on eggshells during their stay.

The second is that while you may own the rental, as long as there is an agreement between you and the tenant, you’re not allowed to enter without prior notice. Not only can it be seen as rude and inconsiderate, you may be breaking privacy laws in California. If a landlord wants to enter a tenant's residence, they must provide written notice at least 24 hours before entering the home.

Preserving a good tenant is oftentimes a better financial decision than trying to maximize rental charging rates. If you have questions on how to better show appreciation to your high value tenant or need help managing your property we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How Often Should You Do A Rental Price Analysis?

getdustin@icloud.com (Dustin Edwards) — Thu, 14 Mar 2024 19:52:19 GMT

Knowing how much you should rent your rental property is incredibly important to maximizing your income as a landlord. You may have to deal with unwanted vacancies if the rent is too high. On the other hand, if your rent is too low, you’re leaving money on the table. Although in California, you’re limited to how much and how often you can raise the rent for your tenants, savvy investors will do a rental price analysis to be well informed.

Today, we’ll review how often you should do a rental price analysis and when to implement this knowledge.

Lease Renewal Period

Although in California, landlords are allowed to raise rent twice per 12-month period, the total increase can't exceed the yearly limit of either 10% or 5% plus the percentage change in cost of living based on whichever is lower. Some owners and investors may take advantage of this and continually increase their rental rates every 6 months. However, these investors tend to own larger apartment buildings that can afford high turnover rates and vacancies. Most times, landlords who own fewer rental properties will opt to increase rent once per year, typically around the time a lease agreement expires.

By waiting until a lease is up for renewal, you allow your tenant to decide to resign if they’re pleased with the rental property. Keep in mind that increasing rent doesn’t always equate to higher yield. For example, suppose you had an exceptional tenant living in the rental. In that case, it may be worth delaying an increase in rent to ensure the tenant renews their lease, as it's more cost-effective to preserve a good tenant than to fill a vacancy.

Major Property Upgrades

Doing major property upgrades is an excellent opportunity to raise a tenant's rent. It can prove to your tenants that you’re investing in the rental property and you value your tenant's comfort. Upgrading your rental’s core systems, such as electrical, plumbing, and HVAC, is an expensive investment that can improve your rental income . Although the California yearly cap still limits you, a tenant is more likely to accept the increase in rent without contesting.

Additionally, you can justify a higher rent increase when it's time to renew the lease. Some tenants may not be able to resign, though the base asking price would be increased for any future prospective tenant.

Periodically

It's an accepted practice to do rental price analysis annually. This can help you to maximize the amount you can charge for new vacancies for lease renewals. It gives you time to adjust to market trends while avoiding substantial fluctuations in rent, as this can be disruptive to your tenants. However, once again, you’ll have to navigate the rental increase cap for existing tenants.

Follow the Market

Long Beach’s real estate market is constantly changing, and while it usually goes up, there are the occasional drops. It's a good idea to monitor the local market indicators. These include neighboring vacancy rates, aggregate rental prices, and major infrastructure developments.

Significant changes in these factors can greatly affect rental prices and demand. This is especially true if your rental property is in an exceptionally sought-after market.

Managing your rental prices can feel intimidating or overwhelming, but this doesn't have to be the case. If you have questions about analyzing your rental prices or need a hand managing your properties, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

5 Incentives New Tenants Look For

getdustin@icloud.com (Dustin Edwards) — Tue, 12 Mar 2024 19:21:37 GMT

Finding the ideal tenant is no easy task. Keeping your property's curb appeal and offering competitive rent prices may attract some attention from prospective tenants. Many landlords offer new tenants incentives to stand out and seal the deal.

Below are five incentives many new tenants look for when apartment hunting.

Complementary Month’s Rent

A great incentive for many new tenants is the offer of one or two complementary months of rent included with their lease agreement. Offering a free month of rent may seem detrimental to your bottom line. However, a vacancy can be far more costly. Not only would you not earn income for the month, but you would also need to invest time and money in repairs and re-listing the rental.

When giving this incentive, the free month is typically given at the end of the original lease agreement. This can also help your tenant decide to renew their lease a second time. It also shows your tenant's appreciation for staying in your rental property.

Lease Renewal Offer

Moving is time-consuming and stressful. Many tenants would prefer to stay in one location until it is necessary to move. Landlords prefer this as well, as it's better for business for a tenant to renew their lease instead of looking to fill a vacancy. For this reason, it's not uncommon for new tenants to be attracted to rentals that offer discounts on lease renewals. This can be in the form of the aforementioned complementary month’s rent, discounted rent for a few months, or an agreement for lowered or no increases in rent.

Utilities included

In general, people aren’t fans of paying bills, especially nowadays, when there are so many subscription services. Having utilities included in the rent may be exactly what some prospecting tenants are looking for. Typically, tenants expect to pay a premium for this kind of arrangement, and it's not uncommon for some tenants' utilities to be less than the premium placed on the rent.

Free WiFi

It's well-established that internet access has become incredibly necessary in today’s world. Children may use it for school, young adults may need it for work, and seniors can use it to stay connected with their loved ones. This has made providing internet access in rentals a great amenity and incentive for new tenants. It also helps your rental property stand out by providing a unique service that has not yet been adapted to changing times.

Allowing Pets

Not every incentive needs to be monetary. Sometimes, being more accepting of pets is enough to sway a tenant to sign a lease agreement for your rental. Young adults have families later than adults in the past and often wait until they’re in their thirties and financially stable. Instead of having children, they are choosing to adopt a pet. This means more and more potential tenants are looking for rentals that allow pets.

When choosing to allow pets in your rental , remember a few key items. Firstly, you should expect some sort of additional wear and tear, such as soiled carpets or scratched paint. For this reason, it's common practice to remove carpets in favor of tile and implement an additional pet security deposit to cover any necessary repairs after your tenant moves out.

Reducing turnover rates and quickly filling vacancies is rarely straightforward and usually changes with time. If you’re having difficulty finding new tenants or need help managing your Long Beach rental property, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

3 Common Mistakes Property Managers Must Avoid

getdustin@icloud.com (Dustin Edwards) — Thu, 07 Mar 2024 20:14:20 GMT

Managing properties entails far more than simply collecting rent . A number of tasks and duties are required to ensure the satisfaction of your tenants. When a tenant feels like their needs are being met by their property manager, it increases the possibility of a lease renewal.

Today, we’re going to discuss three common mistakes property managers need to avoid to increase their bottom line.

Poor Communication

Communication is one of the most important aspects of having a good relationship with tenants. For tenants, it can be frustrating for their calls and emails to go unanswered for long periods. Suppose communication with a tenant is well established. In that case, you can learn about issues with your property, such as damaged electrical circuitry and leaky plumbing, which, if caught and fixed quickly, can save you thousands of dollars down the line. If property managers delay or ignore tenant communication attempts, it can greatly affect your bottom line. Not only can a tenant choose not to renew their lease, your property can end up with expensive repairs.

Dealing with frequent vacancies can be incredibly stressful. Not only do you miss out on your tenant's monthly rent income, but you also need to invest money and time in preparing the rental, listing the rental, and screening another tenant.

Lack of Maintenance

Maintaining the property is rarely the tenant's job. Poor maintenance affects the tenants and will eventually come back to cost the owner. Once their lease agreement ends, tenants have no reason to stay in a rental run down out of negligence. Poor maintenance can also shorten the lifespan of the systems in the home. An extreme example is a leak in the plumbing. If the water were to make it into the walls, you risk damaging the framing, growing mold and mildew, and creating an environment that invites pests. What was a small leak will cost thousands, or the home can be considered uninhabitable until repaired.

It's best practice to have regular inspections of the property inside and out, although you’ll need to set up a date to access the inside of the tenant’s unit. Inspecting the landscaping, paint, and other amenities is important for the property's exterior. Even though curb appeal is typically only focused on when looking to find a tenant, the rental property needs to look its best year-round to maintain its value.

Being Unfamiliar with Local and State Laws

California's real estate laws vary depending on the county and city of your rental. The rules can change significantly depending on the location of your rental. Your property manager needs to be aware of the laws in the area they are managing. Many of the laws in California are in place to protect tenants over landlords, so it can be incredibly expensive if your property manager isn't familiar with these laws. This can greatly affect your bottom line in court fees, lawyers, and time.

For example, while you can state in your lease agreement that there will be regular rent increases, your property manager must know how much and how frequently they can increase and how many days notice is required before you raise the rent.

Managing your rental property can feel daunting for first-time landlords. This can be different, though. If you need help managing your property or are having trouble understanding what other mistakes to avoid, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

5 Requirements Every Tenant Must Have Before Applying

getdustin@icloud.com (Dustin Edwards) — Tue, 05 Mar 2024 20:08:45 GMT

It's every landlord’s dream to find the perfect tenant who always pays on time, respects their lease agreement, and lives in the property for a long period of time. These tenants are rare, though not impossible.

For landlords, spending the resources necessary to screen every tenant who fills a rental application properly is in your best interest. Below is a list of five requirements every tenant should have before applying for a rental property.

Security Deposit

A security deposit is an invaluable source of protection for landlords. In a perfect world, a security deposit wouldn't be necessary; however, some tenants are less than ideal. As of right now, the limit for a security deposit is two times the monthly rent for unfurnished units or three times for furnished units. However, after July 1, 2024, the law surrounding security deposit limits is changing.

According to the California Department of Justice, “After July 1, 2024, the limit is one month’s rent. For landlords who own no more than two residential rental properties that collectively include no more than four total units for rent, the limit is two times the monthly rent, but only if the landlord is a natural person or a limited liability company in which all members are natural persons.”

A security deposit is important to a landlord. While you’re meant to return it to your tenant once they’ve moved out, you’re allowed to use it for specific expenses. This includes any past-due rent, the cost of repairing damages that would be considered wear and tear , and the costs of cleaning the property to the same level as when your tenant moved in. If the rental was furnished, you can use the security deposit to replace or restore the furniture if stated in the rental agreement.

Good Credit Score

A good credit score is desirable by landlords, and a car dealership prefers them for the same reason. Credit scores can signal a tenant's ability to manage finances. This means they’ll likely pay rent on time, reducing landlords' risk of missed payments. It also helps landlords select financially responsible tenants. This can aid in securing a stable income from their rental properties. Using a vetting tool is necessary for landlords to avoid potential financial losses, tenant disputes, and unwanted vacancies.

Rental History Evaluation

A good credit score can help landlords find tenants who can pay on time. A tenant's rental history can help landlords discover potential red flags a tenant may have. This can include evictions, convictions, late payments on rent, complaints, or other issues a credit score can't convey. In California, landlords are prohibited from considering convictions that occurred more than seven years ago. A tenant’s rental history can also show if they can reliably care for the property.

Income Verification

A tenant’s rental history and credit score can prove how well a tenant pays and approaches to renting a home. However, it's important to prove they’re still capable of earning enough to pay the asking rent. Verifying employment and income is crucial when a tenant is applying for a rental. This is usually done by requesting documents, including:

Check Stubs
Bank Statements
Tax Forms

Ideally, you want to see that the rent doesn't consume too much of the tenant's income. By providing proof of income, you show a landlord that a tenant has the potential to afford the monthly charge over the lease agreement's time frame.

Renters Insurance

Although California law doesn’t require renters insurance, it's a good habit for landlords to require it when applying for a rental. It's generally seen as a good idea for tenants to have some form of coverage to protect their assets since the landlord's property insurance isn’t liable for any damage to the tenant's items in the case of thefts, fires, or other events that can cause damages which are not covered by the landlord’s insurance.

Finding the perfect tenant may take time, but owning a rental property can be easier to manage once you find them. If you need help screening and vetting potential tenants, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Best Tips To Reduce Tenant Vacancy

getdustin@icloud.com (Dustin Edwards) — Thu, 29 Feb 2024 05:07:08 GMT

When individuals become landlords, many choose to manage the rental properties personally. This is a great way to save some money, especially for those who are just getting started. A property management company is often seen as a cost, though it's an investment for those who can take advantage of all their services.

Today, we will review five signs indicating you need a property management company.

Disrepair

A telltale sign that you may need to hire a property management company is if your rental is in disrepair. Many landlords choose to do their repairs or hire acquaintances to deal with repairs they’re incapable of doing. However, when a rental has several maintenance problems , it can significantly affect your ability to keep a tenant long-term or to fill a vacancy.

This can significantly affect your bottom line in several ways, including the repair cost and the lack of income due to a vacancy. This can be a serious issue in California as a tenant may have the legal right to withhold rent. This is the worst-case scenario and should be avoided at all costs.

Frequent Turnover and Vacancies

One of the worst challenges that affect your bottom line is vacancies . Even if your rental property is in pristine condition, with competitive rent, some landlords may need help finding a qualified tenant.

A property management company can help you market your rental to a broader audience. They can also use their resources to find high-quality tenants through screening and vetting services. This can help you minimize the number of vacancies while filling the units with high-quality tenants.

High Number of Complaints

For most landlords, managing one or two units can be doable. However, when complaints pile up, it may be time to hire a property management company. While some complaints may be due to a lack of timely repairs, others can be more serious, such as pest infestations, mold growths, or lack of communication with the landlord.

A property management company generally will have more resources to manage complaints. This includes being available in the evenings, responding quickly, and providing a repair timeline.

Lack of time

It's common for investors to hire a property management company once their time is short. In many cases, owners would instead invest in a property management company to handle the day-to-day processes of their properties. Especially after expanding their portfolio, many landlords need more time to visit each property to address issues with their tenants or property.

A property management company allows investors the freedom of time. Some may want to spend their time with family and friends. While others may prefer to re-invest their time in finding new properties to expand their real estate portfolio.

Being Unfamiliar with Laws

As a landlord, you must be familiar with many responsibilities and laws. Understanding rental laws in California is incredibly important. There are many laws to protect tenants rather than property owners. A simple example is laws regarding door locks. Many landlords state in their lease that tenants cannot change their locks. In California, tenants can only change the locks if they provide a spare key to the landlord, regardless of what is stated on the lease. Knowing and understanding these changing laws can be difficult for one person. Laws change often and can be different based on location.

When searching for a property management company , it's a good idea to ensure they’re well-versed in the local laws of the city and county where your rental property resides.

Hiring a property management company may be the right choice for some investors. If you’ve noticed any of the above signs, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How Does Technology Improve Property Management

getdustin@icloud.com (Dustin Edwards) — Tue, 20 Feb 2024 04:57:24 GMT

In today’s fast-paced lifestyle, keeping up with how technology has helped manage properties is a good idea. This change can seem strange to some, and while you don't have to use it, you should be aware of how it’s changing the real estate industry.

Technology has many advantages to improving how you manage your property. Below are five ways technology has been shown to do just that.

Rent Collection

Technology doesn't just mean physical devices. Many smartphone apps have helped many landlords collect rent. Much of modern life has become digital, and while different, it has its benefits. Consider a time when collecting rent from tenants in cash, which was standard. You would run the risk of counterfeit bills and having to go to the bank with a large sum of money, which can be risky. Personal checks would run the risk of bouncing or taking weeks to clear.

Giving tenants many options to pay their rent helps ensure rent is delivered on time. While there are few perfect solutions to collecting rent, many applications are on the market to meet your requirements and needs. Some banks allow agreements for monthly withdrawals, which can be used to pay rent. Other popular digital payment platforms include PayPal, Venmo, and Zelle, to name a few.

Property Management Software

For owners and landlords who are comfortable navigating applications, there are many options for property management software. Not only can these applications be used to collect rent , giving tenants a consistent payment method, but they can also help manage your properties. There is only one best property management software solution for every investor. However, much like the digital payment platforms, there are many to choose from. Avail, Apartments.com, and Zillow Rental Manager are some of the more popular software available, though many more fit your needs.

Smart Home Technology

While it may not seem like it at a glance, smart home technology can be helpful in property management. Although it's seen as a feature or amenity for tenants, smart home technology can automate several tasks. For example, watering laws can be automated, controlling the amount of water used and reducing the risk of a tenant over or under-watering a garden or lawn. Being able to control the thermostat remotely by a tenant can help them reduce energy consumption and the load on the HVAC system. In the long run, this can reduce maintenance costs.

Virtual Tours for Listings

When listing a vacancy, providing a virtual tour of the rental is becoming increasingly important. Many young adults looking to rent typically use their smartphones to view listings. While high-quality photos are important, a virtual tour can save time and money. A tenant can immediately see if they’re interested in your rental property. Virtual tours provide a more accurate representation of the rental. They can also be reused in between listings multiple times. With virtual tours, you can also list the rental property before a property is ready for a tenant. Finally, it gives a competitive advantage, as a virtual tour can better demonstrate the property than photos.

Security

Security systems can be implemented to protect your tenant if you also want to protect your property. Security cameras, smart locks, and keyless entry systems can protect your property through remote monitoring. High-definition security cameras can help to identify any would-be intruders while using a cloud-based storage system means you reduce the risk of systems failing.

As technology evolves in the real estate industry, it's up to you to take advantage of it. It may seem odd or different at first, but it can be greatly beneficial with time. If you’re looking for better ways to manage your properties, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

What Makes Long Beach An Ideal City For Property Rentals

getdustin@icloud.com (Dustin Edwards) — Wed, 14 Feb 2024 04:50:40 GMT

Sporting a 28-mile-long coast, it's easy to see how Long Beach, CA, got its name. Long Beach is known for a number of tourist attractions like the Aquarium of the Pacific and the RMS Queen Mary. While being one of the largest cities in Southern California, Long Beach’s residents have always stated it feels like a small town.

These features perfectly set Long Beach apart from other beach cities and make it a fantastic opportunity for people looking to invest in rental properties.

Today, we’ll review five elements that make Long Beach, CA, an ideal city for property rentals.

Many Prospective Tenants

Like many metropolitan cities, Long Beach, CA, has a large and varied population. Cities with a heavy or growing population are great for investors. This allows you to cast a wider net when searching for prospective tenants. Typically, cities with diverse populations bolster economic growth, appealing to investors.

Whether your rental property is a small single-family home or an exotic luxury apartment, Long Beach’s diverse population makes filling vacancies straightforward. Provided you have resources and know how to market your rental property.

Consistent Growth

Investors see the opportunity for steady growth in their investment in Long Beach. Based on trends, many properties will likely increase in value over time in Long Beach. The population of Long Beach has steadily grown, too, with the population growing by 1.7% since 2010. This growth is oftentimes accompanied by the demand for housing, which can lead to increases in the prices of rentals. While you still need to navigate prices based on location and property size to take advantage of this growth, Long Beach is a safe investment for the time being.

Diversity of neighborhoods

Long Beach has a diverse population and a diversity of neighborhoods to match. Based on what you are comfortable investing in, Long Beach has a property to offer. This is great for veteran or first-time investors. For those looking to start building their portfolio, Long Beach provides many entry-level properties such as duplexes, single-family homes, or single-family homes with an accessory dwelling unit (ADU) built on the property in middle-class neighborhoods. Long Beach offers properties in exclusive neighborhoods such as Belmont Shore and Rancho Estates for investors looking to expand their portfolio. These require a much higher starting investment but tend to have a higher return on investment (ROI).

Major Hub City

Long Beach’s location is another one of its assets. Due to being located between Los Angeles(LA) and Orange County(OC), Long Beach is an excellent location with a thriving market and a “small town” feel. Many people feel more comfortable commuting from Long Beach to LA or OC than living in those areas. This benefits investors as there is demand for housing nearly year-round. This setting allows Long Beach to be considered an affordable beach city compared to Santa Monica or Newport Beach. This gives investors all the benefits of buying rental properties in a beach city while lowering costs.

Thriving Economy

Long Beach offers beautiful beaches and marinas. Along with those is an active dining, shopping, and tourist scene that mixes urban sophistication with fun beach city activities. This not only means ample opportunities for long-term rental properties, but Long Beach is also a great market for short-term rentals. Many tourists nowadays prefer to stay in homes listed on apps like Airbnb over hotels.

Long Beach offers many opportunities for financial gain if you invest. If you are interested in investing in rental properties in Long Beach or are looking for ways to collect rent online from existing rentals, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Top 3 Ways To Improve Your Rental Income

getdustin@icloud.com (Dustin Edwards) — Fri, 09 Feb 2024 04:45:32 GMT

For most real estate investors, improving their rental income is their main priority. However, there are more ways to improve earning than increasing rent. You indeed need to spend money to earn money. This is also true in real estate, as there are many avenues in which you can invest that can improve revenue.

Today, we'll review three great ways to improve your rental income without necessarily increasing your tenant’s rent.

Carefully Screen Applicants

One of the best ways to improve your rental income is to ensure you’re welcoming the best-suited tenant. The better the tenant, the longer they live in your rental. The longer they live in your rental, the lower your vacancy rates are and the more consistent your income is. This can be tricky as every time you fill a vacancy, you’re taking a chance with whoever is moving in. You can help mitigate the risk by carefully screening the potential tenant.

Typical items on an application you should watch include if the applicant is a smoker, if they own pets and their renting history. This can take time to get right, as only some have the resources to look into applicants.

If you choose to manage your property, you’ll want to check the applicant’s credit score to understand better an applicant's ability to pay rent on time. Checking their residential history can help you understand what to expect from them as tenants. Past behavior may hint as to their future interactions. Proof of monthly gross income proves whether or not they can afford to rent your property. Typically, you want them to be able to provide evidence of at least three times the monthly rent amount. This can feel overwhelming to do on your own, especially if you’re new to the real estate industry. However, a full-service property management company will have the resources to screen potential tenants better.

Inspect Your Properties Regularly

Many improvements can be made to your Long Beach rental property, like upgrading the home's core systems, such as electrical, plumbing, and HVAC. These upgrades can yield a higher asking price for rent, though maintaining the property can mitigate losses and ultimately improve your bottom line.

Typically, you’ll want to do yearly inspections of the core elements of the home—especially plumbing and electricity, as these are oftentimes incredibly costly if left unchecked. Water damage is one of the most common insurance claims in rentals. This can be avoided by regular maintenance, yearly inspections , and rapid response whenever a tenant calls about leaks. On the other hand, faulty wiring can result in electrical fires, which can completely destroy your rental.

Choosing the Right Property Management Company

Property management companies are often seen as a cost of the real estate industry. However, it should be seen as an investment. While a fee is associated with hiring a property management company, they often have far more resources than an owner.

Property management companies aren’t one size fits all, and as you expand your portfolio, you should consider reevaluating your property management company regularly. Be sure to find a company that specializes in your type of rental, is local to your area, and is knowledgeable about your neighborhood and local laws. This can go a long way in improving your rental income over time.

Improving your rental income is ultimately the goal of every investor. However, there is more to improving your bottom line than just increasing the rent or cutting back on spending. Knowing how and when to invest your money can significantly affect your passive income. If you want to improve your monthly earnings or collect rent online , we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

5 Reasons To Build an ADU on Your Rental Property

getdustin@icloud.com (Dustin Edwards) — Wed, 07 Feb 2024 04:39:19 GMT

An accessory dwelling unit (ADU) can be a great asset in developing your real estate portfolio or learning about the real estate industry. However, only a few people take advantage of ADUs' benefits. Not only are they a great source of passive income, but they’re also a great resource for individuals trying to get into the real estate industry without investing in a new rental property.

Below are five reasons you should consider building an ADU on your rental property.

Reason #1 Improved Property Value

An ADU can be seen as a safe investment. Building an ADU is seen as a reliable long-term investment. An ADU increases the living space of a property, and more living space means an increase in potential value. The potential increase to your property may vary based on the original size of the property, as well as the neighborhood. However, typically, people may see an increase in roughly 20% to 30% of the property’s value.

It's not only seen as a way to add value to your existing property, but an adu also has several versatile uses. They are often called a “granny flat” because they have been used to allow friends and family to live with you. However, if this isn't the case, you can always list your ADU as a long-term rental.

Reason #2 Rental Income

Nowadays it's not uncommon for ADUs to be used as an additional rental income or a way to enter the real estate industry. This can provide you with a steady flow of income every month. When trying to see how much you can charge for rent for an ADU, you need to keep a few things in mind. While ADUs typically stand-alone and don't share walls, they are often priced like apartments. An excellent way to keep the rent competitive is to investigate how much apartments in or near your neighborhood go for. This can take some time to get right, though ensuring a competitive price is worth it as it keeps vacancies low.

Reason #3 Using Unused Space

If the property you purchased happens to be in a large lot, why not take advantage of the space to build an ADU? In Long Beach, CA, the lot of your property needs to be a minimum of 5,200 square feet. The ADU itself can be 50% of the gross floor area of the primary dwelling or 800 square feet, whichever is less. An 800-square-foot ADU can accommodate a two-bedroom bathroom configuration. You can add features such as a private outdoor space and porch based on the rest of your property size.

Reason #4 Adaptability

An ADU is far more versatile than just a second house on your property. While you can build it and allow friends or family to live nearby, an ADU can also be built by converting a detached garage to save money on the build. Most people assume that the ADU gets listed and rented out. However, if the primary dwelling is significantly bigger than the ADU and you don't need that much space, why not live in the ADU and rent out the primary dwelling?

This is where the adaptability of an ADU comes in. You can live in either residence while the other gets rented. Alternatively, if you purchase another home, you now have the option for two different sources of income. Finally, if you choose to live in the ADU, the main dwelling can be listed as a short-term rental on apps like Airbnb since ADUs don't qualify as short-term rentals in Long Beach.

Reason #5 Offset Living Expenses

Although building an 800-square-foot ADU can cost between $100,000.00 and $200,000.00 depending on the size if you're converting a garage and the configuration of the ADU, that being said, investing in an ADU can pay for itself in the long run. On average, the potential rental income you receive from the ADU is around $2,000, assuming it's a configuration with 800 square feet of living space. If you choose to live in the ADU and rent the main home, you can collect more rent. This is common for people looking to downsize after their kids move out or go to college.

An ADU is an excellent option for anyone looking for additional income. If you have an ADU you need help managing or are looking to collect rent online , we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

3 Must-Have Services From Property Managers

getdustin@icloud.com (Dustin Edwards) — Thu, 25 Jan 2024 19:57:16 GMT

Many owners attempt to manage their property when starting their real estate careers. Many owners can reliably work on one or two rental properties. Although others realize they may need a hand from time to time. Remember that property managers should be seen as an investment, not a cost. Hiring a property management company should give you the freedom to invest further in real estate and add to your portfolio or spend time with family or friends.

Property management companies offer a vast number of services . In today's article, we’ll go over three must-have services you need from property management companies.

Tenant Screening

A reliable property management company should be able to conduct a thorough tenant screening. This is important as an underqualified tenant can significantly affect your overall income. They should provide a comprehensive screening that checks their background, credit, and rental history.

You must screen your tenant to avoid unnecessary risks to your rental property and bottom line. Checking for credit can ensure the prospect earns enough to afford rent. Reviewing their background can reduce the chances of complaints from neighbors. Evaluating their rental history can reduce the probability of property damage to your rental property.

Screening potential tenants can improve the chance of finding the ideal tenant. A tenant who pays on time respects the lease and could live in your rental for long periods. A full-service property management company should be able to increase your chances of finding the ideal tenant.

Marketing and Advertising

Vacancies cost owners far more than just the lack of income from rent. Each time a unit becomes vacant, you need to prepare the rental for marketing and viewings. This means you need to invest in repairing every blemish that can affect the property’s curb appeal.

A full-service property management company should be able to employ effective marketing strategies and attract prospective tenants. This means they must create a compelling property listing, including several professional-quality photos and a virtual tour.

It's important for a property manager to understand the audience they’re marketing your rental property to. For example, the majority of potential tenants are millennials. They are between their mid-twenties and early forties. It's also known that many of them use their phones prominently when searching for a rental. A property management company should be aware of this and adjust its strategies to target them better.

Monthly Statements and Reports

Communication with owners is crucial. Property managers need to maintain transparent and regular communication with the property owners. This includes providing regular reports and statements to keep you updated on tenant issues, property maintenance, and financial matters.

While at a glance, this may not seem as important as collecting rent or managing repairs, many of those services are to be expected from a property management company. Property management reports, however, can be used by landlords to assess the rental property’s day-to-day needs and keep track of costs accrued within the month. Property management reports also describe how well the property is performing to the owners. The data in these reports help owners adjust their budgets accordingly and make future financial decisions about the property.

Hiring a property management company can seem like a significant undertaking. Though this doesn't have to be the case, if you are in need of a hand managing your property or are thinking of switching to a new property manager, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

7 Mistakes To Avoid When Managing a Long Beach Property

getdustin@icloud.com (Dustin Edwards) — Thu, 18 Jan 2024 19:49:23 GMT

Many first-time landlords frequently jump into the real estate business without truly understanding how much time must be invested. That being said, there are many successful do-it-yourself types of owners. However, many others feel overburdened by the load and leave the industry before enjoying the fruit of their labor.

Below are seven mistakes you should avoid when managing a Long Beach rental property.

Neglecting Outdoor Maintenance

Regular maintenance of the property fulfills two roles. The first is your property’s curb appeal. This is the first thing potential tenants see when looking for a new home. A prospect may have reservations about contacting you if your rental property appears disrepair, especially in a city like Long Beach, where wind-blown sand can weather paint and other features more quickly than in inland cities.

The outside of your rental property is the first impression. When someone sees your rental needs regular maintenance, such as overgrown landscaping, malfunctioning or faulty lighting, or broken windows, they may assume that since you give little care to your property, they won't be a priority.

Keeping your Long Beach rental property in good shape helps lower vacancy rates, which can greatly affect your bottom line.

Ignoring Repair Requests

Managing repairs for your rental can be time-consuming and, in some cases, pricey. However, you should always pay attention to a tenant's repair request. Not only because the goal is to keep tenants for as long as possible to maximize income, you need to remember that the property is yours.

Any repairs that need to be done are in your best interest to resolve as soon as possible. Leaks and electrical issues may require you to hire an expensive tradesman. Though left unchecked, these problems can cost thousands of dollars to fix.

Laxed Tenant Screening

Typically, you want to fill in a vacant rental as soon as possible, though that can be problematic if you rush through the tenant screening process. Every landlord wishes to find an exceptional tenant who pays rent on time and respects your rules. Once found, they want to keep them for as long as possible.

In order to have the highest chance of finding an ideal tenant, you should have a thorough screening process. You may need to invest in help doing this, though the results can significantly reduce stress. Poor-quality tenants run the risk of paying rent late, causing severe property damage, or leading to eviction procedures.

Poor Communication

Having good communication with a tenant can help your relationship with them. While you don't need to become their friend, it's essential that your tenant feels comfortable talking to you or your representative. Having poor communication with tenants can cause them to distrust you. This can lead to minor repairs becoming significant issues and quick tenant turnaround.

Incorrect Pricing

While you are free to charge any rate you see fit for your rental property, it's a good idea to understand the going rate for similarly sized homes. Misjudging rental rates may deter potential tenants from inquiring about your rental, and it can extend vacancy periods. This

can result in a financial loss for you.

Limited Insurance Protection

Much like with a vehicle, your rental property needs to be insured. Not having the correct coverage can result in a financial loss due to unforeseen circumstances. Accidents and natural disasters are usually the most common. However, when it comes to pets, some dogs are more challenging to find coverage for, while breeds like rottweilers, pit bulls, and Akitas are typically never covered.

Underestimating the Workload

Many owners frequently believe they are capable of managing their rental property; in some cases, this is true. However, it's not uncommon for first-time landlords to quickly become overwhelmed by the amount of work and time required to manage a rental, especially older properties.

Don't be disheartened by this. Real estate is a great opportunity to make passive income. Property management companies are oftentimes a great solution if you’re feeling stretched thin.

If you feel like you need a hand managing your property or are unsure if you can manage a rental on your own, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

What Sets Long Beach Property Apart From Other Beach Cities?

getdustin@icloud.com (Dustin Edwards) — Mon, 15 Jan 2024 19:43:48 GMT

Many people see beach cities as great investment opportunities for their real estate portfolio. They typically yield higher income and rarely lose their value. However, the initial cost to invest in these properties is usually higher than properties further away from the beaches. Long Beach CA is often seen as a great entry point for real estate in a beach city due to the lower costs.

In this article, we’ll go over what sets Long Beach apart from other beach cities and why investing in a rental property in Long Beach may be beneficial.

A Range of Neighborhoods

For investors, Long Beach CA has a variety of different types of properties in a number of different neighborhoods. For investors looking to begin building their portfolio, Long Beach offers many entry-level and economical options for rental properties. This includes single-family homes, duplexes, or homes with accessory dwelling units (ADUs). These are all great options for first-time landlords looking to enter the real estate business.

For veteran investors , Long Beach offers more exclusive property options as well. Such as luxury rentals, beachfront properties, and upscale condominiums. This includes premium neighborhoods such as Belmont Shore and Rancho Estates.

Long Beach boasts a variety of neighborhoods, each with its unique character and charm. From the historic homes of Belmont Heights to the urban vibe of Downtown, there's something for everyone.

Tourism Industry

Many locations attract tourists to Long Beach, including several museums, event venues, the Queen Mary, and others. This means there is a high and diverse demand for rentals. For those investors looking for steady income, prospects looking for homes near where they work are great options for long-term rentals.

Short-term rentals for those tourists are also a viable option for income. Short-term rentals require more input and maintenance and target a different demographic of potential tenants. While these properties may yield a higher income. You should keep a few factors in mind with short-term rentals. Tourism is often seasonal, and it's not uncommon for businesses to slow down during the colder months. In Long Beach, ADUs cannot be listed as short-term rentals, meaning there are limitations on who can take advantage of that market.

Centralized Location

Long Beach's vast coastline includes an amazing blend of events and beach activities. This, on its own, sets Long Beach apart from other beach cities . All of which can be used as a selling point when finding potential tenants. Although unique to Long Beach is its location in Southern California. It is located near Orange County and the heart of Los Angeles. This makes Long Beach a great location for people looking to be away from a major city like LA while still living in a vibrant city.

This location also makes Long Beach an “affordable” beach city when compared to the real estate market in other beach cities like Malibu or La Jolla.

Natural Green Spaces

While being a thriving urban city, Long Beach highly values green areas. Parks like El Dorado and Heartwell Park offer residents considerable natural greenery. El Dorado East Regional Park is a large 400-acre park with many amenities. Though it has a small fee to enter, El Dorado East is loaded with outdoor activities, including two fishing lakes and an archer range. On the other hand, Heartwell Park is a large, over 100-acre linear park. Its length makes it a popular destination for people looking to stay healthy with a long walk or jog.

These areas give potential tenants the motivation to move to Long Beach. While providing many beautiful reasons to stay.

Owning rental properties in a beach city is often seen as a smart investment because of the opportunities it provides to investors. Long Beach is a great entry to owning beach city rentals while providing ample space to grow your portfolio. If you are looking for help managing your beach city rental properties, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Top 5 Ways Property Managers Make Your Life Easier

getdustin@icloud.com (Dustin Edwards) — Thu, 11 Jan 2024 19:37:16 GMT

It's not uncommon for people first getting into real estate to underestimate the work of being a landlord. There are many responsibilities when it comes to owning a rental property, and it can be stressful if you can handle only some of them.

Below are five ways a property management company can help make investor’s lives easier with their services.

Tenant Screening and Acquisition

Finding high-quality tenants is one of the best ways to make your life easier as a landlord. This can be difficult if you’re trying to fulfill this on your own. Property management companies often have the resources to screen and vet a potential tenant. They check not only their credit but also their rental history. This can narrow the pool of potential tenants to only those who can pay the rent and be responsible for the property. This can reduce the likelihood of late payment complaints from neighbors and minimize the risk of property damage.

Many tenants nowadays have pets. Some entire service property management companies also provide a vetting service for pets. This can expand the pool of tenants while minimizing risks you may take by allowing pets.

Property managers may also market your rental property more effectively than you can alone. This puts your property in the eyes of more prospects. This can significantly reduce vacancy periods, providing a steady income stream from your rental property.

Rent Collection

Collecting rent is one of the most essential tasks of a landlord. Sometimes, it can be rather time-consuming, depending on your preferred method of collecting rent . Property managers can take care of collecting rent, which can help ensure you receive payments on time. It also eliminates the need to chase tenants for rent or go to the bank to deposit checks or cash. This can help maintain a consistent cash flow month by month.

Property Maintenance

Maintaining your rental property is one of the most time-consuming responsibilities of a landlord. Whether you are the DIY type of landlord who does the job themselves or you need to hire a reputable tradesman, keeping up with maintenance is a difficult task. Especially when an unforeseen issue occurs in the middle of the night, this can require a fast response, which can be stressful if you do your own maintenance.

Property management companies can promptly oversee and record maintenance tasks and tenant requests. Many property management companies have a number of qualified professionals who can see to it that your property is well-maintained.

Responding quickly when a request is made is essential to keep tenants satisfied and happy. Property management companies can work promptly and keep tenants satisfied. This can significantly reduce your stress about the upkeep of your property.

Time Management

For landlords first getting started in real estate, managing one or two rentals can be time-consuming yet reasonable. Time is limited, and managing your property can significantly reduce your time to rest or invest in other projects.

Property managers can save you time by handling day-to-day tasks associated with property management. This lets you focus on other projects to expand your portfolio or maintain a healthy work-life balance.

Conflict Resolution

Eventually, there will be a conflict with a tenant, which is nearly unavoidable. A property management company typically has more experience handling tenant disputes and conflicts. Using their expertise to resolve disagreements can promote a peaceful environment for you and your tenants.

This includes issues that require knowledge of state and local laws. Property management companies frequently have the resources to take a tenant to court if needed.

Real estate can be a competitive industry, though you don't need to do everything alone. Many veteran investors see property management companies as an investment, not a cost. If it's time to invest in hiring a property management company, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

5 Signs You Need a Property Management Company

getdustin@icloud.com (Dustin Edwards) — Thu, 04 Jan 2024 19:29:01 GMT

Today, we will review five signs indicating you need a property management company.

Disrepair

A telltale sign that you may need to hire a property management company is if your rental is in disrepair. Many landlords choose to do their repairs or hire acquaintances to deal with repairs they’re incapable of doing. However, when a rental has several problems with maintenance , it can significantly affect your ability to keep a tenant long-term or to fill a vacancy.

Frequent Turnover and Vacancies

High Number of Complaints

A property management company generally will have more resources to manage complaints. This includes being available in the evenings, responding quickly, and providing a repair timeline.

Lack of time

A property management company allows investors the freedom of time. Some may want to spend their time with family and friends. While others may prefer to re-invest their time finding new properties to expand their real estate portfolio.

Being Unfamiliar with Laws

As a landlord, there are many responsibilities and laws you must be familiar with. Understanding rental laws in California is incredibly important. There are many laws to protect tenants rather than property owners. A simple example is laws regarding door locks. Many landlords state in their lease that tenants cannot change their locks. In California, tenants can change the locks without providing a spare key to the landlord, regardless of what is stated on the lease. Knowing and understanding these changing laws can be difficult for one person. Laws change often and can be different based on location.

When searching for a property management company , it's a good idea to ensure they’re well-versed in the local laws of the city and county where your rental property resides.

Are Rental Agencies Property Management Companies As Well?

getdustin@icloud.com (Dustin Edwards) — Fri, 29 Dec 2023 02:39:42 GMT

Navigating the intricate real estate business can take time for new landlords or established investors. It's important to distinguish between rental agencies and property management companies. While property management companies and rental agencies often fill similar roles, there are a few key differences between them.

Below, we’ll review three differences between property management companies and rental agencies.

The Scope Of Services

One of the differences between rental agencies and property management companies is the general scope of services provided. Rental agencies primarily focus on the tenant side of the business. This includes services such as tenant placement, marketing, screening, and enabling the lease signing process. Their goal is to find a suitable tenant to fill your vacancy. Once the lease is signed, their involvement decreases.

Some rental agencies will continue to offer services like rent collection and financial reporting. However, this isn’t typically the norm.

Property management companies , on the other hand, provide services that include the aforementioned services of the rental agency. Except their involvement continues long after the lease is signed. Property management companies are also heavily involved with minimizing the duration of a vacancy through marketing and preparing the rental for the next tenant. It is well known that a vacancy can negatively affect your bottom line. Not only are you not collecting rent, but you frequently must pay utilities and repairs while the rental property is being marketed.

Ongoing Involvement With the Property

As previously stated, most rental agencies back off after signing the lease. They usually have an approach akin to a transaction. Once the service is completed, they are no longer needed and tend to withdraw until they’re needed again. This approach can be convenient for owners who can manage the property yet have difficulty marketing and dealing with lease agreements.

Property management companies, once hired, remain involved with the property for the duration of the established contract. This means a property management company should deal with the day-to-day affairs once a tenant has moved in. This includes rent collection, general or emergency maintenance , and the overall obligations involved with managing a property. They are often the personnel a tenant contacts in case of questions, requests, or complaints. Unlike rental agencies, property management companies continue to communicate with tenants for the duration of the lease term.

Different Specializations

Ultimately, the main difference comes down to their respective specializations. Only some landlords need a property management company. It's common for first-time landlords to manage their own rental property. Especially those inclined to do the maintenance themselves to save money. For these landlords, it's likely that they only need to find quality tenants without the additional services that a property management company could provide. As the old saying goes, “Different strokes for different folks.”

A full-service property management company , on the other hand, is a generalist. While not specializing in any single aspect of property management, a property management company can reliably handle taking care of your property. This allows you to enjoy your free time as you wish, whether with friends and family or investing time in expanding your real estate portfolio.

Every landlord needs a different tool to manage their properties. Some owners can handle the majority of the work involved. At the same time, others may need a more comprehensive approach to property management due to the size of their portfolio. If you need help managing your rental, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Best Online Software to Collect Rent

getdustin@icloud.com (Dustin Edwards) — Wed, 20 Dec 2023 02:37:14 GMT

Long gone are the days of driving to your rental property, knocking on the door, and collecting your rent in cash or a check from your tenant. As everything moves to a digital space, staying caught up is essential. Many applications available nowadays can help you set up an automatic rent collection.

Change can be different, though it doesn't have to be negative. Aside from saving you and your tenant time, it is much safer and easier to keep track of when compared to cash. Checks can take days to process and risk bouncing due to insufficient funds. You can collect rent even when on vacation with online rent collection software.

There is no one-size-fits-all solution to collecting rent . After all, every case is unique. Most of the famous property manager applications have some form of automatic or recurring rent collection. However, many have different features and advantages based on location and target demographic. Today, we'll explore several online rent collection solutions to help you find the best one that suits your needs.

Zillow Rental Manager

Zillow has quickly become a prominent website used by renters, realtors, and property managers. While limited in overall features, the Zillow rental manager offers a relatively simple and intuitive experience. Zillow’s rental manager has been updated to allow automatic payments with a credit or debit card or directly from your tenant’s bank account.

Zillow rental manager can benefit first-time landlords as it is free to use as long as you only have one listing. Additional fees exist for other listings, increased exposure, and market insight.

Apartments.com

Apartments.com used to be Cozy. They are a well-established property managing application used daily by renters and landlords. It also provides an automatic rent collection service and other property management tools.

Apartments.com has been popular with millennials, primarily those who enjoy using smart devices like phones and tablets.

Avail

When collecting rent, avail offers to remind your tenant before collecting their rent. This can be beneficial for the tenant to ensure their rent is in their bank account and avoid late payments at an affordable price.

Once rent is collected through the Avail rent collecting tool, it will automatically update your dashboard, allowing you to track payments and transactions. Avail offers both free and paid subscriptions.

Digital Payment Platforms

Property management apps may only be for some. Luckily, there are ways to collect rent online without using them. Platforms such as PayPal, Venmo, Cash App, or Zelle are used every day and are incredibly popular. These services may be right for you for landlords who aren’t ready to use software for all their property management needs.

If you manage rent collection through these platforms, remember that is all they can do. They offer little to no additional benefits when managing your property.

Property Management Company

You can set up recurring rent collections through a dedicated property management company based on your preferences and needs, unlike with online software, where you may need to invest time and money to take full advantage of their features. A full-service property management company is hands-off for the client. Additionally, a property management company has several resources, such as lawyers, tradesmen, and a catalog of vetted individuals looking to fill your vacancy.

Suppose you need help setting up an online rent collection service or are looking for a property management company to manage your portfolio. In that case, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How to Bring Added Benefit For Your Tenants With Upgrades To The Garage

getdustin@icloud.com (Dustin Edwards) — Fri, 15 Dec 2023 02:33:19 GMT

Depending on the age of your rental property, the garage may be going unused for its intended purposes. As cars continue to get bigger, what used to be a sizable two-car garage now only fits one, and a single-car garage is often used as storage because cars simply do not fit in them anymore.

Instead of just letting the garage exist as a glorified shed, why not provide your garage with upgrades from which your tenant will benefit. While doing this can be a significant investment, remember that having a healthy relationship with your tenant is a great way to minimize vacancies. After all, if a rental is empty, you’re losing passive income and may need to pay out of pocket to prepare it for the next tenant.

Below are a few ideas to help benefit your tenant through upgrades you can do to the garage.

Finish the Interior

Many garages were built with the express purpose of storing one or two vehicles. It's not uncommon to see the interior of a garage exhibiting an unfinished interior. You often see exposed wall studs, concrete floors, and unfinished ceilings. A common trait these garages have is a single stop light in the center of the room that struggles to illuminate the corners.

If you notice that your current and past tenants need to use the garage to park their cars, consider adding the final touches to finish the garage's interior. You may be required to pull permits depending on the location of the garage and your local laws. Be sure to consult with a professional before remodeling your garage. Consider insulation, ventilation, electrical, and flooring depending on your intentions for the garage's future. Remember that you want to maintain the function of the garage in case a future tenant wants to protect their vehicle from the elements.

Epoxy flooring can be a great solution to give the interior a finished look while keeping the functionality of the garage to allow cars in and out without damage to the flooring.

Additional Storage

If the garage is on the smaller side, consider repurposing the garage as a dedicated storage location. You can achieve this by adding several storage racks along the garage walls. This can help you maximize your vertical storage , increasing the available floor space to store items. Overhead storage is often overlooked because it can't be mounted on lower ceilings. While these overhead racks need to be installed directly onto wood, which limits their location, they are often rated for heavy loads and keep items out of the way. This great storage solution only takes up a little floor space.

Home Office

Working from home has become incredibly popular in the last few years, especially with millennials. A home office can significantly benefit your tenant if this is the case. When converting a garage into an office setting, your primary consideration should be lighting. Try to mimic an office setting to help your tenant get into the mindset of working. If budget permits, a desk, chair, and accessible electrical outlets will also be helpful.

Home Gym

A healthy alternative to an empty garage is a home gym. For many, gyms can be intimidating, especially when starting out. Many people have busy schedules and only have a few minutes a day to exercise. Providing an area to work out at home may be a solution that attracts health-conscious tenants. This is an excellent asset to your rental.

While these are only a few ideas on repurposing an unused garage, remember that you can combine and adjust these features to your tenant's needs. If you are looking for other ways to upgrade your rental garage or need help emanating from your portfolio, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

What to Look For In a Property Management Company

getdustin@icloud.com (Dustin Edwards) — Fri, 08 Dec 2023 02:24:37 GMT

A few factors come into play when looking for a property management company . After all, not everyone’s situation merits the same services. For example, an investor with a multifamily home dwelling may require a more involved company. At the same time, a first-time landlord may only need a property management company to fill their vacancy.

Each case may require different services. Below are a few elements to consider when looking for a property management company.

Company Reputation

Although a company can claim to be the perfect fit for your needs, be sure you know their reputation. If something looks too good to be true, it may be. A good property management company should be able to provide references and testimonials from the properties they manage. Clients who are happy with their services offer a great insight into how well a property management company does its job. It's also important to know if the company is local. This can help resolve issues that may arise in a much quicker fashion.

While this is a great start, it's essential to verify the authenticity of the testimonials. It's best practice to take a bit of time and research the company yourself. This can help you to confirm the reviews from clients. Visiting their social media pages and websites also allows for determining a couple of factors. You can learn their specialty, such as condos, luxury apartments , multi-family homes , or single-family homes. It also provides an excellent opportunity to read the reviews left by the community they manage. This can be a greater determining factor when choosing the right property management company for yourself.

Hours of Availability

This may be a “no-brainer” for some. Nevertheless, you must understand the hours your property management company needs to be available. Managing emergency maintenance can be challenging, significantly, when you’ve expanded your portfolio. Frequently, when you need them the most is when companies are typically closed. Consider an accidental puncture of a water pipe in the evening, which will require immediate attention. If unchecked, severe water leaks can cause thousands of dollars in damages.

Knowing the property management’s availability hours can help you know when you’ll be required to be reachable. Some full-service property management companies have up to 24 hours of availability in case of emergencies.

Services Offered

Not everyone needs a full-service package to fit their property’s needs. That being said, the more services a property management company offers, the more choices you have. Once again, this is dependent on your personal needs and portfolio. Some services a property management company can provide include:

Security Deposit Disposition
Collections and Eviction Coordination
Repair Requests and management
Year-end Owner Tax Statements
Statements Forwarded to Owners Regularly
Rent Collection
Client and Tenant Support

While only some clients may need every service provided, the more options a client provides, the better their experience can be.

Cost and Value

A property management company should never be viewed as a cost. Instead, it should be viewed as an investment. If at any point you realize the services provided no longer hold value to you, it may be time to upgrade your services or hire a new property management company.

A property management company should allow you to invest your time in relaxing with friends and family. Alternatively, it is a service that allows you to invest your time in expanding your real estate portfolio.

You should receive high-quality and efficient services based on competitive pricing and maximizing your return on investment (ROI). They should provide effective management tenant approval and proficiently navigate local laws.

If you require a new property management company or are unhappy with your current one, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

3 Unique Ways to Make Your Long Beach Property Stand Out

getdustin@icloud.com (Dustin Edwards) — Wed, 06 Dec 2023 02:12:41 GMT

There is nothing worse than having an empty rental. You could be doing everything right yet still have a vacancy for which you need help finding a tenant. Long Beach, CA, may be an amazing city to develop your real estate portfolio; however, the competition is fierce.

Below are three strategies and ways to help your Long Beach property stand out from the competition.

#1 Innovative Landscape Design

Your rental property’s curb appeal is the first element of the property a potential tenant will notice. Whether a multifamily or single-family home, the property's curb appeal is necessary for making an excellent first impression. However, if you want to stand out, an innovative landscape design can help with that.

Drought-tolerant and native landscapes are great choices when choosing a landscape design. It can be the solution to have a beautiful landscape that can withstand Southern California’s weather. These landscapes require minimal watering due to the plants being native to California or imported from similar regions.

You can also opt for a low-maintenance design. This typically includes low-maintenance plants, such as Bird of Paradise, with woodchips or artificial turf instead of lawns.

This can help your property to stand out, as many young adults are environmentally conscious. This has the bonus of reducing the cost of the water bill due to less watering needed. These savings can either go to your bottom line, or you can pass the savings to your tenant.

#2 Smart Home Integration

It's common to see smart televisions, lightbulbs, and refrigerators. With nearly everybody owning a smartphone, embrace modern technology and help your property stand out by adding smart home features. This shows forward thinking on your part and can attract tech-savvy tenants who will appreciate the convenience of having smart home features.

Luckily, there are a variety of approaches to integrating smart home features into your property. You can keep it simple by allowing control of lighting and the thermostat. Or you can invest in more features that can include:

Smart Irrigation
Lighting
Climate Control
Security System
Locks
Entertainment
Curtains

Combining these with smart appliances lets your tenant control the rental with just their phones.

For older homes, you may need to invest in an electrician. Many homes built before 1980 may need appropriate wiring to accommodate smart home devices. As such, you may need to upgrade your electrical system before installing some smart home devices.

#3 Virtual Tours

If the saying goes like this, “a picture is worth a thousand words,” how many words is a virtual tour worth?

Virtual tours are a 3D tool landlords use to allow potential tenants to view the property as though they were there in person. Some virtual tours use typical photos similar to a “street viewer” on a maps app, while others may incorporate 360° videos for a dynamic experience. This gives your potential tenant a more realistic idea of the property in person.

Virtual tours allow you to capitalize on a growing technology. This new tech can aid potential tenants with a virtual viewing of the property. It has been said that over 70% of potential tenants would lease or rent a home without visiting it if the listing included a virtual tour. Not only will this help your property stand out, but it will also provide potential tenants with a detailed viewing of the property without traveling.

Helping your property stand out can significantly affect your bottom line positively. If you need help or ideas to make your property stand out, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Condos vs Homes: What Are Their Pros and Cons

getdustin@icloud.com (Dustin Edwards) — Fri, 01 Dec 2023 01:42:09 GMT

Property managers have a diverse clientele centered around beach cities, requiring preparedness to help the property owners and their tenants, whether the property is a condo or a home residence. Each one has unique challenges and benefits that property managers must be ready to face when taking on new clients.

In today’s article, we’ll provide a comprehensive comparison of the pros and cons of both of these types of properties.

Pros of Managing Condos

Management of exterior upkeep tends to be handled by the HOA, where part of the rental fee will go towards. This means that property managers must make an effort to communicate efficiently with the HOA or the companies dedicated to the condo complex to provide immediate relief to the tenants' challenges.

Amenities Management: Condos often boast shared amenities such as fitness centers, pools, and recreational spaces. Managing these facilities centralizes their maintenance and enhances the property's overall appeal.

Amenities are another bucket that the HOA typically handles for condos. These include fitness centers, pools, and any other recreational space. The benefit of an HOA handling most of the maintenance is that it reduces the cost for every resident. Still, it also means that if an amenity isn’t available, it could be a challenge for the property owner. A property management company must be flexible and deal with these challenges by offering supplemental amenities and staying on top of the maintenance company to ensure a speedy resolution.

One of the best aspects of managing a condominium is that it offers added benefits like extra security. Each condominium complex is a small community with dedicated entrances often filled with many safety features. This means that any vandalism is minimized, and in turn, theft or any other illegal activity is almost non-existent, making it an appealing benefit to potential tenants.

Cons of Managing Condos

HOAs also have some downsides, including fluctuating expenses that could be raised or lowered yearly. Each HOA is different, and communicating effectively with the tenant about the increase or decrease in rent is beneficial in maintaining a good relationship with your tenant.

Additionally, each condo has rules and regulations, such as paint color, what is allowed in the exterior areas, and noise mandates. Explaining these items to the tenant can be challenging when managing condos. A challenge of managing condos is to find a good balance that helps the tenant stay within the rules but not feel overbearing.

Finally, conflict resolution is another hot item that property managers must be able and prepared to handle. Most condos share walls, and each condo resident can be an owner. Any challenges or nuisance arising from breaking the rules must be dealt with adequately to keep the tenant happy and prevent future misunderstandings.

Pros of Single-Family Homes

One of the largest benefits of managing single-family homes is no HOA fees. This means that rent stays relatively stable and doesn’t fluctuate year over year besides the yearly adjustment allowed by law.

Additionally, single-family homes allow property management companies to use their economies of scale to maximize the efficiency of their maintenance schedules. This includes maintenance for plumbing, electricity, HVAC, etc.

Single-family homes also have the flexibility to solve challenges as efficiently as possible. Without HOAs dictating style structure and many other items about the property's look, property managers can be creative and efficient when fixing things or enhancing the face of the property.

Finally, the most significant benefit is the possibility of additional tenants. If the homeowner and the land allow, an accessory dwelling unit (ADU) can be built to maximize the lot. Unlike a condo, single-family homes have more space or, at the very least, are allowed to alter their structure to increase square footage and possibly have additional rentals.

Cons of Single-Family Homes

Single-family homes have downsides. While property managers ensure most items stay in good shape, things will break, and new ones must be bought. This is one of the larger downsides of a single-family home as the bills can be minor, from a microwave to a large, like a whole HVAC unit needing replacement.

If you're unsure how each works or need help managing a home or condo, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

What Are The Top 3 Ways To Collect Rent Online

getdustin@icloud.com (Dustin Edwards) — Thu, 23 Nov 2023 14:42:30 GMT

There was a time when collecting rent meant traveling to each rental and collecting cash or a check from your tenant. This eventually became a mailing service. However, these methods were time-consuming, and collecting checks would add additional time for them to clear. Both of these methods also had associated risks, such as the risk of cash being stolen or a check bouncing due to insufficient funds, which usually resulted in a fee for the landlord. Online payments are not only accurate but they can also be tracked in real time. This can notify you and your tenant when payment has been processed, eliminating the need to double-check if the correct amount was paid.

Luckily, there are new methods that are quick and efficient and can be done online or through a phone app. While there is no best way to collect rent , we’ll go over three new ways to collect rent online.

Automated Payments Systems

Nowadays, everyone has a computer or a smart device with access to the internet. You can take advantage of this when collecting rent. There are many applications, such as Zelle and Venmo, which can make it easier to collect rent every month without the need for you or your tenant to go to the bank. Using a system like this allows you to collect rent incredibly conveniently, as tenants can pay quickly and easily online while saving time and energy. Many of these applications have the option for recurring charges.

If you decide that this is the route you want to use to collect rent, it's important that your tenant is also comfortable using this application. For many tenants, the first of the month can feel frustrating because rent is a significant portion of their bills. However, if you have an automated payment system, it can give you and your tenant peace of mind. This is because, ultimately, it's no longer a concern to run to the bank or accidentally forget, which can result in more stress for your tenant.

You should take the opportunity, whenever possible, to make life easier for your tenant. This can lengthen your tenants' stay, resulting in an excellent tenant-landlord relationship. As we know, a happy tenant is a consistent tenant. Online payments are also accurate, can be tracked in real-time, and tenants can be notified when their rent has been received. This eliminates the need to manually check for payment accuracy, such as if the amount paid is correct.

Online Bank Withdrawals

Transferring money for rent through banks isn't anything new. That being said, in modern times, many processes that used to require a visit to your local bank can now be done online. Most banks have options for automatic withdrawals, though only some are comfortable with their banks having direct access to their money. Online payments are beneficial for both parties, because neither the tenant nor landlord needs to go anywhere but their phone or computer to pay rent. While not automatic, allowing your tenant to manage their payments themselves can end in the same result of a happy tenant.

Allowing a tenant the most options to pay rent is a good idea. This is vital to their comfort levels, and if rent is being delivered on time, regardless, there should be few issues.

Property Management Software

For a more comprehensive application for rent collection, you can opt to have your tenant use dedicated property management software such as Buildium or AppFolio. These applications often include rent collection features, among other tools landlords can find helpful like the ability to create a website for your rental property, or manage maintenance requests, among other features. Before you decide on these apps, they’re not built for every scenario. Many reviews for these apps recognize that AppFolio is best suited for landlords with over 50 units. Buildium, on the other hand, is built to work with different sizes and types of rental portfolios.

Collecting rent shouldn’t be stressful for either party. If you are looking for assistance in learning how to collect rent online or need a property management company to manage rent collection, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How To Build A Tenant Communication Plan

getdustin@icloud.com (Dustin Edwards) — Tue, 21 Nov 2023 14:39:03 GMT

Being able to have productive communications is important for the longevity of a tenant's stay. This is why it's best practice to have a plan for these situations.

A tenant communication plan is a useful tool landlords and property managers use to communicate effectively with their tenants. Typically, it will outline any communications' methods, frequency, and content to ensure transparency and address concerns a tenant might have. Having an efficient communication plan can help in maintaining a positive tenant-landlord relationship.

Below, we’ll provide a simple guide to help you build an effective tenant communication plan.

Specify Available Channels of Communication

There are myriad ways to communicate, such as calling, texting, emailing, and sending direct messages. It's best practice to have a dedicated direct line of communication for your tenants. To communicate best with them, ensure they know where they can share with you and your available times. Make this clear in the lease agreement. This is a sizable responsibility as, in cases of emergency, you may be required to answer your phone in the middle of the night. For this reason, landlords will often pass down this responsibility to a property management company as they usually have more resources available. Tenants can communicate with a property management company via emails, text messages, or a dedicated online portal.

Communication Goes Both Ways

It's not uncommon for landlords to do the bare minimum when communicating with tenants. This can be detrimental to your tenant-landlord relationship as a tenant may feel you don't care about their living conditions or your property if it falls into disrepair. After all, it’s your property, and tenants should report any issues in your best interest.

Outline how often tenants can expect to receive updates or communications. This means whether it's for routine matters such as scheduled maintenance general announcements. This can include changes in rent, due dates, other financial issues to guarantee transparency, and any need for entry into their living space, as a tenant needs to be notified with ample time before entry. For maintenance communications, you can provide information regarding repairs that may need to shut off gas, water, or power ahead of time so as not to catch your tenant off guard.

Opening up a channel where you can communicate news regarding their rental helps establish confidence in the communication plan. This is also a great opportunity to remind your tenants of emergency procedures routinely. They clearly define the communication protocol during emergencies, including how tenants will be informed and what actions they should take.

This is a great opportunity to receive feedback from tenants and learn whether they're satisfied with their living conditions or if there are any complaints about the rental, their neighbors, or other items.

Resolution Protocol

Establishing a clear process for your tenants to report issues is important. As well as how and when said issues may be resolved. Acknowledging submissions promptly gives tenants the confidence that you’re not just there to collect rent . Categorizing the issue based on urgency facilitates effective prioritization. Maintain communications with your tenants and be transparent on the expected timeline for resolving their problems, even if it may take longer. Being transparent in communications helps keep tenants at ease, knowing you're working on their issues.

If you are trying to establish better communications with your tenant or are looking for a property management company with more resources to communicate with your tenants, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How Renting a Beach City Property is Different

getdustin@icloud.com (Dustin Edwards) — Tue, 14 Nov 2023 14:31:29 GMT

There are many similarities between renting a property in a beach city and an inland city. Some obvious ones such as rent prices based on location or curb appeal differences. Equally, though, there are some more nuanced differences to keep in mind, such as amenities, coastal climates, and tourists.

In today’s article, we’ll discuss the differences between renting a beach city property to long-term tenants.

Marketing For Beach City Rentals

One of the major differences is how you market a rental in a beach city to make it stand out . Remind the potential tenant that this is a beach city property, including references to key features such as “ocean views” or “relaxing atmosphere.” If the property is near the ocean, use that to your advantage. State that the rental has direct access to the coast or is a short walk/drive away. Naturally, there will be some crossover in how a property is marketed compared to a city such as Los Angeles. However, cities such as Long Beach, CA, have many desirable locations to visit and many outdoor activities not found in cities inland. Find what works for you and adjust accordingly.

Tourist Activity

Because of the vast activities and beautiful views, beach cities tend to have many tourists. While the tourist industry is a major selling point for beach cities, it makes listing a rental different. You’ll want to remember that your listing specifies looking for long-term tenants. However, the presence of tourist activity can affect local communities, especially during peak tourist seasons. This means more traffic and louder environments. While not possible in every situation, dedicated parking can help tenants avoid dealing with the uptick in vehicles on the street. Ideally, providing some levels of sound deadening is recommended to help mitigate additional noises. This way, tenants can return to their peaceful homes, away from tourist crowds.

Rental Rates

Rental costs may fluctuate based on proximity to the beach and seasonal demand. This can be incredibly lucrative if taken advantage of. However, the timing needs to be nearly perfect. For this, it's best to attempt to find tenants when rates are higher. Assuming you or your property management company have a typical one-year lease contract, you can either raise your tenant’s rent based on the following year’s rates or search for another tenant during these ideal rates. This can be tricky to do and is why we recommend you have the assistance of a property management company , as they typically have more resources.

Specialized Amenities

Properties may offer specialized amenities in beach cities, including beach access, waterfront views, or proximity to coastal attractions. It's important to highlight amenities that cater to long-term residents, such as community spaces, grocery stores, and healthcare facilities. You can provide private outdoor areas in the rental to enjoy the weather, such as a patio or outdoor grill. With many activities in beach cities, something as simple as a small closet for storing surfboards, bikes, or other outdoor gear may be a great selling point.

Coastal Regulations

Beach cities may also have specific regulations related to coastal living. This can include items such as environmental restrictions and flood preparedness. This can also mean additional requirements when upgrading core systems in your home, such as electrical, plumbing, or HVAC. Property management companies can often help in these situations to save you time and overall money.

If you are interested in listing your beach city rental or need help managing your rental in a beach city, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How To Maximize Rental Income From An ADU

getdustin@icloud.com (Dustin Edwards) — Tue, 07 Nov 2023 14:18:13 GMT

An accessory dwelling unit (ADU) is a great way to begin your journey in the real estate business. However, in Long Beach, CA, an ADU can only be listed as a long-term rental, meaning you can’t list it on applications like Airbnb. That said, much like any rental, you will want to maximize the income you can gain from said ADU.

Below, we will share a few tips to help you optimize how to increase your bottom line with an ADU .

Maintain Property Condition

An ADU, by its nature, sits within your property. This means you cannot allow the ADU or the main home to fall into disrepair. Keeping the rental property in excellent condition is essential for attracting and retaining tenants. The greatest factor in ensuring you're maximizing income is to have tenants. For this reason, you should regularly inspect the property and address maintenance issues promptly. When a property is well maintained, it will enhance its appeal and allow you to justify charging higher rates. Properties that are well maintained also give tenants the confidence and the peace of mind that the property won't cause any issues, and if an issue arises, you, as a landlord, will quickly take care of it.

Screen and Vet Your Tenants

Your tenants will be the ones paying the rent. Therefore, finding tenants who can do so consistently is incredibly important. For this reason, it is best practice to screen and vet potential tenants before the lease is signed. Ensure a thorough tenant screening process, including background and credit checks, employment verification, and landlord references. Thoroughly vetting potential tenants minimizes the risk of issues with timely payments, property damage, or evictions. While you may not find the perfect tenant, at the very least, it's in your best interest to find a reliable one with good references.

Competitive Rental Rates

When renting your ADU, your first instinct may be to charge as much as possible. This may work in some cases, but it's essential to understand that the market can change, requiring you to adjust your rental rates to be more competitive. While a lower rent may result in less income than you desire, having a vacant rental is much worse for your finances. When deciding on your rental rates, consider factors like location, ADU configuration , amenities, and the market demand for an ADU like yours. You can understand its worth by researching apartments with similar amenities and living spaces. The goal is to find a tenant rather than leave the rental vacant. A vacant rental generates no money and often costs money to maintain while not generating income.

Secure Your Property Against Tenant Damage

There are many ways to protect your property from potential damage. This includes tile or hardwood flooring over carpets. While the initial installation may be more expensive, tenants can easily damage, stain, or tear the carpet. Avoid the cost of constant repairs by not using carpets. Natural wear and tear is to be expected. However, prohibiting some home modifications in the lease agreement can significantly reduce the amount of repairs you may need to do once a tenant moves out. This can include not allowing anything heavier than a picture frame to be mounted on a wall. Televisions, towel racks, and shelves are often mounted onto studs, which, if not repaired correctly, can lead to additional damage down the line.

Managing an ADU to maximize your rental income can be a tall task for some. However, this doesn't have to be the case. If you need help with your rental ADU or are looking for a full-service property management company with experience managing rental ADUs, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Considerations for Your ADU Design

getdustin@icloud.com (Dustin Edwards) — Tue, 31 Oct 2023 03:26:40 GMT

If you’re a homeowner and wish to make passive income, an accessory dwelling unit (ADU) may be the right choice. ADUs can help you enter the real estate world without purchasing an entirely new property. It's a great investment option for homeowners looking for additional income yet unsure if they’re ready to own and manage an independent rental property.

Below are a few considerations when designing your first ADU to maximize rent income.

What are your Options for ADUs

There are a few ways to build an ADU , and its size will directly impact the rent you can request. You can have three additional units in California if the proper requirements are met. These include one attached ADU, detached ADU, and Junior ADU (JADU). In Long Beach, however, you are limited to two: an attached or detached ADU and a JADU. For the JADU, it’s required for property owners to live on the property permanently. While this may initially sound limiting, building an ADU is a massive step to earning passive income and entering the real estate market.

Configuration and Size of Your ADU Design

In Long Beach, CA, a JADU is allowed a maximum size of 500 sq ft, while a standard ADU is allowed to be 850 square feet. JADUs typically are limited to a single bedroom and bathroom (1/1). Whereas for an ADU 850 sq ft, you’ll typically see a 2/1. Though with an efficient design, it's possible to fit a 2/2, which can help earn a greater yield on rent. Having a second bathroom in your rental may not seem too important at first glance, though it cannot be understated how much more desirable a 2/2 is. A 2/2 can be significantly more profitable and reach a broader market.

Design Considerations for an ADU

When designing your ADU, there are a few considerations you’ll want to make before finalizing your build. Refrain from designing the ADU as if you were creating a stand-alone house. It's more advantageous to approach design and build the ADU like you were constructing a duplex.

Remember your tenants, especially when choosing the main entrances to the property and the ADU. For example, many tenants may feel uncomfortable if their main entrance is directly in sight of whoever lives in the main house. For this reason, many homeowners build the ADU to have its entrance hidden by landscaping features or at an angle that allows for more privacy.

Parking for an ADU in Long Beach is only required if the ADU is built further than half a mile from mass transportation. Public transit is quite robust in Long Beach, so this is rarely a requirement. However, providing at least a single parking space for your tenant can significantly increase the visibility of your ADU in the rental market.

Another excellent selling point when renting an ADU is to provide a dedicated washer and dryer. This is a key feature that many tenants look for and adds minimal expense with a potentially large monetary yield.

Entering the world of real estate is a big step forward for anyone trying to be self-sufficient. Suppose you need help understanding your local laws relating to building an ADU or are looking for a property management company to help with your properties. In that case, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Considerations for Allowing Pets in Your Rental

getdustin@icloud.com (Dustin Edwards) — Tue, 24 Oct 2023 03:20:13 GMT

When listing your rental, remember a few considerations before doing so. Allowing pets in your rentals can be the deciding factor for many tenants, primarily in the current real estate market. It's not uncommon for couples to have pets before they decide to have children.

With this in mind, allowing pets isn’t necessarily the right choice for every landlord and every rental property. Service animals generally don't play a factor in these decisions. Today, we’ll explore the nuanced considerations and reservations that should help you make an informed decision when allowing pets in your rental property.

Pet-Friendly Building Readiness

As previously stated, some properties can be ready to accept tenant pets while others cannot. Each building and landlord may have to deal with a number of variables before making a decision. Primarily, is the rental big enough to comfortably and safely allow a tenant to have a pet? The main concern is with cleanliness and odor. And while it's great to assume every pet owner is vigilant of their pets, it's not uncommon for dogs or cats to soil carpet, which can leave unpleasant odors and stains. Cats are known for using anything and everything to sharpen their claws. This can include window screens and carpets as well. Dogs are known to scratch the paint off doors to bedrooms or entrances to signify excitement or need to go out.

Some of these issues can be mitigated by removing the carpet and installing hardwood floors or tiles. Window screens must be replaced with more durable materials to prevent cats from destroying them too quickly. Regular inspections may also be required to see the condition of the rental. This way, a landlord can get ahead of maintenance to prevent further damage. This, however, can be quite expensive for some investors, which may lead them to choose not to allow pets.

Pet’s Influence on Your Insurance

A major factor in allowing pets in your rental involves your insurance . By no means are we insurance agents. Though your insurance will likely be impacted by simply allowing pets in your rental, insurance can also dictate the breed of dogs, size of animal, and amount of pets allowed. As an example, cats are generally deemed low-risk pets and only minimally affect insurance premiums compared to dogs.

Smaller dog breeds, such as chihuahuas, pugs, and Pomeranians, are typically considered low-risk due to their size. Larger breeds, however, may be subjected to higher premiums, such as cocker spaniels or golden retrievers. Some insurance companies outright ban some breeds. These breeds include chow chow, Akita, and other problematic dog breeds.

Discuss this with your insurance agent before making any final decisions.

Additional Maintenance

While allowing pets can broaden your tenant selection, it has drawbacks. Inside the rental itself, you may only see the maintenance needed once the tenant moves out or requires work to be done. If the rental was previously set up to accommodate pets, then maintenance can be reduced, though you’ll need to spend additional resources to repair scratch marks before painting. Odors may also be an issue if the tenant neglects to clean diligently after their pet.

Some of these costs can be offset by implementing a pet security deposit separate from the standard deposit. Maintenance can also be used as an opportunity to replace anything that was damaged by the pet with a more resilient material or product to avoid future repairs.

Many tenants rely on their pets to relax and enjoy their time. Pet owners tend to move out less out of fear of not finding another pet-friendly rental. This means you can have consistent income by allowing pets, though only for some. If you need help setting up your rental to allow pets or need help managing your pet-friendly properties , we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Process of Collecting Rent from Your Rental

getdustin@icloud.com (Dustin Edwards) — Tue, 17 Oct 2023 03:12:20 GMT

While tenants are required to pay rent to the landlord every month, how rent is paid and subsequently collected has changed drastically over the years. At the time, the ideal method of collecting rent was either cash or a check.

Although these methods of collecting rent are acceptable, they have risks and inconveniences. Today’s article will go over the process of collecting rent, the methods available to collect rent, and the best way to collect rent for you.

Cash and Checks for Rent Collection

We’ve mentioned cash and checks, and while these are viable ways to collect rent, there are some downsides. With money, for example, there are security and accountability issues. Cash lacks a clear paper trail; you’ll have to run the risk of handling the cash before being able to deposit it, and there is the factor of time spent to collect and deposit the money. Checks can solve some security issues, though other issues make them less than ideal. Checks have processing times and can be an administrative burden if you go out of your way to deposit them. Moreover, a personal check risks insufficient funds, leading to additional bank fees and tenant disputes.

Different Methods to Collect Rent

Some of the best ways to collect rent don’t involve much interaction from landlords. Setting up automatic bank withdrawals affords you and your tenant peace of mind, knowing they’ll not risk late fees, and you’ll receive the rent on time. Though not free, mobile apps such as Zillow Rental Manager can help keep track of payments and make it easier for tenants to improve their credit scores. Property Management Companies will always offer a service to collect rent from a tenant. They use as many options as possible to make paying on time easy for your tenants.

Best Way to Collect Rent

Unfortunately, there is no best way to collect rent. After all, every landlord and every tenant has different needs. It's best practice to make it easy and streamlined for tenants to pay; however, some of the methods discussed may take some time to understand and learn, especially for landlords who aren’t tech-savvy. Hiring a property management company may be the best way to collect rent in these cases. Some investors prefer a standardized process approach. This way, rent is collected on time, reducing administrative burden to ensure consistent cash flow. However, this can reduce the pool of potential tenants and cause unnecessary stress to tenants who need to change their methods of paying rent.

Consistency

Regardless of which method you prefer, it's essential to establish a well-defined rent collection process. It must be consistent throughout all your tenants and properties if you manage your properties yourself. This reduces your downtime when collecting rent and is recommended for those who want to collect rent promptly. It also promotes a healthy landlord-tenant relationship. Consistency in collecting rent encourages good tenant habits, ultimately benefiting your bottom line.

When the new month rolls around, there are many worries for both tenants and landlords alike. This doesn’t have to be the case. If you need help setting up various methods to collect rent or need help managing your properties, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

What Services do Property Management Companies Offer?

getdustin@icloud.com (Dustin Edwards) — Tue, 10 Oct 2023 02:59:28 GMT

Taking care of and managing your real estate portfolio can be quite time-consuming, especially if you manage multiple properties. It can feel like a daunting task. It's okay to have a helping hand when you feel as though you’re being stretched thin. Property management companies can provide a personalized service to help you or outright manage your properties, allowing you to invest your time in future ventures or yourself.

Below are a few services property management companies offer to allow you to take back control of your time.

Address Maintenance Concerns

Maintenance goes further than ensuring the property is clean and functioning. Especially in older buildings, something always needs maintenance or repair. Typically, when receiving a phone call from a tenant, you’ll want to log the call, identify the need of your tenant, document the action, and resolve the issue after contacting tradesmen or vendors if you cannot resolve the matter.

This is relatively simple for most landlords to deal with; however, this means you need to be available in case urgent repairs need to be made. This is where a property management company shows its worth. If a water line bursts or a home loses all power, these cannot be pushed back to the next time you’re available. Not only do they jeopardize the tenant, but you also risk damaging the property if the issue isn't resolved promptly.

A full-service property management company will be ready and available to answer emergency repairs at all times of the night, allowing you to relax knowing any critical maintenance will be taken care of.

Analyzing Rental Rates

Property management companies are incredibly well-versed in examining and assessing the pricing structure of rental properties. Analyzing rental rates affords investors knowledge of the current market conditions, which determines, in part, fair pricing and allows you to make informed decisions in relation to your rental properties.

A property management company should be able to research local listings to understand the supply and demand for certain kinds of rental properties. They compare rental rates for properties in similar neighborhoods to help investors reach a competitive price.

The analysis continues once a tenant is found, too. Market trends can change the rental rate strategy. This can determine the amount and frequency of rent being adjusted, such as adjusting seasonally or settling with long-term lease agreements that benefit both parties.

Tenant Screening

The goal for every landlord is to find the ideal tenant who pays rent on time, respects, and regularly renews their lease. Unfortunately, these tenants tend to live in homes for long periods and don't move often. This means that finding the perfect tenant is challenging to say the least.

With a robust tenant screening, a property management company can give you the best chance of finding these ideal tenants. Some criteria for finding ideal tenants include reviewing the tenant’s rental history. This can reveal how a tenant has behaved in previous rentals. Credit checks give insight into a tenant’s financial responsibility. Income verification is also essential when screening potential tenants. While this can change when they live at your rental, it provides a general idea of what to expect.

Rent Collection

The myth that a property management company is only there to collect rent and nothing else is easily disproved. That being said, it's also an important service they provide. At the same time, many landlords tend to collect rent through checks, money orders, or cash. Property management companies often offer far more options for tenants to pay. Such as mobile apps, online payment platforms, or automatic bank withdrawals. The more options provided to a tenant, the less stressful it can be when the first of the month comes around. This approach ensures tenants and landlords a more personalized and satisfying real estate experience.

If you need help managing your properties or are interested in all the services we provide at Beach Cities Management, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Making Accommodations for Your Rental

getdustin@icloud.com (Dustin Edwards) — Tue, 03 Oct 2023 02:52:44 GMT

It's not uncommon for investors to overlook certain accommodations that can help people with disabilities. Roughly 25% of adults have some sort of disability in the United States, with the most common of disabilities being related to mobility.

While you don’t need to remodel your entire rental to accommodate every disability, we will cover a few modifications that can help those with disabilities and appliances that nearly anyone can use.

Americans with Disabilities Act

The Americans with Disabilities Act (ADA) is meant to help those with disabilities. Multi-family homes typically have to abide by these rules. However, single-family rentals can be layered. For example, if you do remodeling with the explicit intent to use the home as a rental, keeping the ADA in mind is advised. Though it may not be explicitly required, future-proofing your home to be proactively compliant can, at best, save you money in the future and, at worst, provide a comfortable home for someone who may be disabled. This means doors with enough room for wheelchair turn clearance and having at least one accessible bathroom on the main floor.

ADA Compliant Appliances

When making accommodations for your rental, you can purchase different kinds of appliances to help those who may be disabled. They may not seem like it at first, though many of them have accessibility in mind. For example, ADA-compliant cooktops may have front-mounted easy-to-turn knobs without an oven which gives additional space to wheelchair users. An ADA-compliant oven typically has side swinging doors instead of drop-down doors.

Modifications Within Reason

Under Section 504 of the Rehabilitation Act, people with disabilities are entitled to reasonable accommodations paid for by a housing provider. These items can include:

Building Ramps
Widening Doorways
Lowering Kitchen Countertops
Roll-in Showers
Visual or Auditory Doorbells/Alarms

There are still more modifications that tenants with disabilities are allowed to do to the rental. Once again, within reason. These include grab bars in bathrooms and adjustable/handheld shower heads.

Landlords must also ensure common areas are accessible and anything else is needed for a person to live comfortably and safely within a unit.

Smart Home Technology

There is an advantage to incorporating smart home devices for inaccessible rentals. It cannot be understated how convenient smart home technologies such as outlets, dimmers, and light switches can be for those with mobility disabilities. While for many people, smart devices provide a sense of commodity, these same devices can be a lifestyle change for someone who cannot reach certain switches or for older building pull chains for fans and closet lights.

Promote Inclusivity

Once you’ve finished modifying your rental, you need a marketing and promotion strategy. Remember that you’re trying to attract tenants who value the new features that promote accessibility. Use descriptive language to highlight the features, ramps, widened doorways, grab bars, and ADA-compliant appliances. Be sure to take multiple professional photos from a variety of angles. This can help tenants interested in the accessibility to visualize themselves living in your rental for years to come. By showcasing inclusivity in your marketing materials, you’ll attract tenants seeking accessible and welcoming living spaces.

While ensuring a rental is ADA-compliant may feel daunting, prioritizing accessibility and inclusivity in your property enhances your rental appeal, legal compliance, and tenant satisfaction. This can ultimately benefit both your tenants and investors in the long run. If you need help making your rental ADA-compliant or need help managing your property, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Top 5 New Ways To Collect Rent From Your Tenants

getdustin@icloud.com (Dustin Edwards) — Sun, 24 Sep 2023 21:41:16 GMT

The beginning of every month is an essential day for tenants and landlords alike. While some tenants may not look forward to their rent’s due date, landlords must give their tenants as many options to pay. The more options you offer your tenant, the less likely you’ll receive late payments or have an issue collecting rent.

The traditional cash or check payment may be reliable, though they must be more relevant when collecting rent . Could you check local and state laws regarding rent collection methods? Additionally, some rent collection methods can involve several fees or transaction costs. Landlords should consider these when deciding on the best approach for rent collection, as you don’t want to upset a tenant with additional expenses.

There are more ways for you to collect your tenant’s rent. Today, we’ll go over five new methods used to collect rent.

Automatic Bank Withdrawal

When paying rent, bank transfers are nothing new, though having the payment done automatically can benefit both parties. Much like an online subscription, a landlord can set up an automatic monthly withdrawal from the tenant's bank account with the tenant's permission. This can ensure timely payments, give you peace of mind, and give your tenant one less payment they must manage.

Mobile Apps

A variety of apps are designed specifically to collect rent from tenants. Applications such as Avail and Zillow Rental Manager. While distinct, mobile rent-collecting apps allow tenants to pay their rent on time and have a comprehensive digital log of payments and receipts. Some apps also provide an easy way for tenants to report their on-time rent payments. This can help them to improve their credit score. Some fees may apply, though typically negligible and, in some cases, free.

Property Management Software

There are applications and software for more than just collecting rent. Property management software like Buildium or AppFolio frequently includes rent collection features, among other tools for landlords, such as maintenance requests and the ability to create a website for your property, among other systems. These apps aren’t one size fits all, though. For example, many reviews state that AppFolio is best suited for landlords with over 50 units, whereas Buildium caters to different sizes and types of rental portfolios.

Online Payment Platforms

Platforms such as PayPal, Venmo, Cash App, or Zelle are used daily by people for all sorts of expenses. Using these platforms to accept rent payments electronically has become incredibly popular. Usually, these apps have little to no fees associated with transactions. However, they’re only used to transfer money and offer very little to help with other aspects of managing your property.

Property Management Companies

While not a new way to collect rent like the other services in this article, entire service property management companies need to be up to speed with how rent can be collected. And can collect rent on time to allow landlords to invest in other projects or live life. Landlords have hired professional property managers to collect rent and handle the process. These services typically include added benefits such as debt collection if rent is not paid or fees if rent is paid late.

Collecting rent doesn’t need to be complicated. After all, it's a simple transaction for a service. If you need help collecting rent or setting up some of the methods described above, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How Do I Know if Solar is Right For My Rental Property?

getdustin@icloud.com (Dustin Edwards) — Tue, 19 Sep 2023 21:34:36 GMT

Many homeowners have begun to adopt photovoltaic (PV)/Solar systems. Yet landlords can also benefit from solar.

Why would you want to install solar on a rental ? After all, you’re not living in the rental. Only your tenant will benefit.

There are many benefits to installing solar for your rental, including an increase in property value, commanding a higher rent, tenant satisfaction, and gaining a competitive edge in the green housing market. In today’s article, we’ll go over whether or not solar is suitable for your rental property and how to get the most out of your solar panels if you decide to install a photovoltaic system.

Proactive Compliance

As of 2020, new construction, including accessory dwelling units (ADUs), single-family homes, condominiums, or apartment buildings less than three stories high, requires a photovoltaic/solar (PV) system. There are some exceptions to the rule, such as the roof of the building being too small to accommodate solar panels, the roof needing more direct or sufficient sunlight, or if the home has access to a communal solar system. This was done to promote clean energy and reduce greenhouse gas emissions in California.

Installing solar in your house in Southern California almost feels like an emergency. Why not install them before regulations change and take advantage of the incentives for installing solar panels, which can provide a tax credit that ranges between 26%-30% of the project's total cost when completed?

Property Improvements

If you are already in the process of doing upgrades or maintenance to your rental property, consider a solar system. Installing a solar system on your rental may have hidden requirements depending on the age and condition of the building. Older buildings may need electrical upgrades to keep up with modern technologies, while roofs must be inspected regularly after fifteen years. However, installing said solar system is an excellent time if you are already upgrading the electrical and/or re-doing the roof. This way, everything is installed simultaneously, making it easier to keep track of maintenance and quality of the property.

Conversely, if you plan on installing a solar panel system, it's a great time to inspect your roof and electrical systems to ensure they can handle the new load.

Building’s Orientation

Solar power can only be collected more efficiently when solar panels have clear access to direct sunlight. This means some older homes aren’t built in an orientation that makes managing solar power easy. If too many obstructions exist, such as other buildings, walls, or trees, your solar panels may never be in direct sunlight long enough to efficiently collect solar power.

The sun moves across the sky, rising from the east and setting in the west. While oversimplified, solar panels angled in these directions typically provide the most direct sunlight. Depending on what side of the roof the panels are installed can change how much power is generated, though this isn’t the only element to consider. For example, installing solar panels angled towards the east provides more sunlight, yet your tenants won’t be home to use a solar battery unless you've established a solar battery. If you install the panels facing west, they’ll be less efficient during the sunniest part of the day, yet more power will be generated when power is most expensive.

If your property’s roof is angled from north to south, you’re not out of luck yet. Panels installed on the south side of a home tend to be most efficient during winter.

Solar panels seem like an expensive investment at first, though on average, they pay for themselves within ten years. If you should install a solar power system or need help managing your properties with solar, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

What Are The Benefits of Installing Solar In Your Rental Property

getdustin@icloud.com (Dustin Edwards) — Tue, 12 Sep 2023 21:29:15 GMT

California is becoming more electrified, and as the need for power increases, the price increases along with it. Installing solar in your rental may not be a worthwhile investment at first. However, many tenants are leaning towards renewable energy, and promoting your rental can increase its visibility in the market. Although it is an additional expense, solar power has come a long way in the last decade, and with the increase in the electricity price, solar panels have been shown to pay for themselves far sooner than they did ten years ago.

Below is a short list of benefits you should notice after installing solar power in your rental property.

Tenant Satisfaction

Rental vacancies bring passive income from the unit to a halt. They not only stop you from earning, it's a negative cash flow as it costs money to prepare the unit before listing it again. The best way to avoid this is to keep your current tenants or find tenants looking for a place to live long-term.

As previously mentioned, some tenants gravitate towards renewable energy sources, which can increase the eyes on your rental or be the deciding factor for tenants not to move. Especially if their electric bill is significantly lower , combining solar panels with other energy-efficient appliances can reduce overall energy consumption even more. This can lead to more comfortable living for your tenants. A happy tenant means a long-term tenant.

Gaining a Competitive Edge

The housing market can vary from year to year, though installing solar panels does give you a competitive edge. There is a growing demand for eco-friendly housing, and you can have your rental stand out by branding your rental as a “Green” rental. This will attract tenants who prioritize sustainability. It's best to add other eco-friendly electrical upgrades , including:

Smart Lighting
Energy Efficient Appliances
Smart Irrigation Systems
LED Lighting
Drought Resistant Lawn

Tenants looking for “green” housing are aware of their energy consumption. They prefer to stay in one location for long periods to minimize their perceived carbon footprint. If they move into your eco-friendly rental, you’ll likely have found the long-term tenants you sought. Properties with solar panels may also command a higher rental rate when compared to rentals without.

Reduced Operating Costs

Solar panels can significantly lower a property's total operating costs. Granted, this requires additional battery investment to store the power the solar panels collected. As they generate electricity from sunlight, they can reduce utility bills for common areas, shared spaces, and security lights.

Although installing solar on a rental is a sizable investment, the average time it takes for the panels to pay for themselves is about eight years in California. Due to the great weather we get, maintenance on solar panels is typically low and consists of inspecting batteries (if installed) and wiping down the solar panels once a year. However, it is said that allowing rainwater to rinse them off is enough.

Increased Property Value

On average, the upfront cost of installing a solar power system is between $12,000 and $16,000 for a 5 kilowatt system. This is enough power to accommodate homes of up to four bedrooms. After the roughly eight-year period where the panels essentially pay for themselves, the investment becomes reflected in your rental property value. If you ever decide to sell in the future, the solar system can be seen as more attractive to potential buyers.

Installing a solar power system for your rental may seem expensive. However, patients usually pay for themselves. If you’re interested in installing a solar power system in your rental or need help deciding if solar power is correct, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Mini-Splits vs. Central Air Conditioner: What is the right one for you?

getdustin@icloud.com (Dustin Edwards) — Thu, 07 Sep 2023 21:25:14 GMT

Southern California has some of the most ideal weather in the entire country. However, there are days when it becomes uncomfortably hot. For this reason, most rentals are equipped with some form of climate control. While some landlords opt to provide a window unit, these could be more efficient at cooling the whole rental. Ideally, a landlord should provide tenants with a proper core system for their cooling needs.

Many tenants dealing with southern California’s heat prefer something more efficient. Two forms of cooling include the use of a Mini-split unit or Central Cooling.

In today’s article, we will go over the benefits of each and help you understand the better cooling solution for your rental property.

Mini-Split Unit

Mini-splits are also called ductless heating. It's a climate control system that doesn't require ducts and vents to be installed throughout the home. The system is split into two parts: the compressing unit, installed outdoors, and a separate indoor unit where the cold air comes out, hence the moniker of a “mini-split.”

Because a mini-split does not require ducts, they tend to be more efficient as there is no heat transferring through ductwork compared to a traditional central air conditioning system. Another benefit of a mini-split unit is its all-in-one system, allowing it to be incredibly versatile.

One of the disadvantages of a mini-split system is the initial cost can be higher than that of central cooling. This may sound counterintuitive because a mini-split unit is smaller and more efficient. However, if a home already has ducting work done, a mini-split will frequently cost more to install. A mini-split can also be a bit of an eyesore to some. The indoor unit is usually bulky and installed in awkward areas that can bother some tenants, as well as the lines required to connect the outdoor unit to the indoor unit. Sometimes, the lines are installed in areas that aren’t aesthetically pleasing, like a prominent side of the home or on the rooftop.

Central Air Conditioning

Central A/C is a system in which atmospheric air is cooled in a central location and distributed through the home via air ducts and vents. Central A/C has an outdoor unit like a mini-split, meaning it’s as quiet as a mini-split.

It's a common misconception that replacing a central A/C unit with a mini-split is cheaper. This isn’t true. The most significant expense for central A/C is the labor involved with installing said ducts. If the home already has the duct work complete, it's unlikely to be cost-effective to switch.

The air ducts may lose cooling efficiency due to heat transfer in the home. Nevertheless, those ducts also provide several benefits. Options for filtration with central A/C are far more resilient and efficient when compared to mini-splits. Because of this, some tenants consider central A/C preferable, especially those who worry about air quality.

Unfortunately, there are more long-term expenses for central A/C, such as an increased electrical bill and duct maintenance . Maintenance should be done regularly to the ductwork, as major repairs can come with a significant price tag. If this becomes the case, consider switching to a mini-split system altogether.

Both central A/C and mini-split have many similarities and are often interchangeable when tenants seek a comfortable rental. Ultimately, your solution will vary based on how your rental is designed and built. If you are interested in installing a central A/C or mini-split system or are unsure if it’s worth switching from one to the other, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

When Should You Upgrade Your Rental's Appliances?

getdustin@icloud.com (Dustin Edwards) — Tue, 05 Sep 2023 21:02:29 GMT

A great way to ensure steady income from a rental is to keep your tenants happy and minimize your vacancy rates. In real estate, it's understood that most landlords prefer having happy long-term tenants to preparing a rental and finding new tenants often. For this reason, many landlords who can will go above and beyond to secure these ideal tenants.

A simple yet effective way to do this is with appliances. While there is an initial cost to them, if it results in tenants consistently renewing their lease agreements, it’s a small investment that is well worth it.

For how long should you keep appliances before upgrading them?

Join us to discuss the best time to upgrade your tenant’s appliances and how often you should replace them.

Nuances in the Rental Market

The topic of replacing your rental appliances has a variety of solutions. Many factors can impact this decision. For example, in luxury rental properties , while only required to upgrade sometimes, it might be beneficial to have the latest products available to your tenants to have the newest technology. For these situations, consider upgrading whenever there is a noticeable improvement in the model or every few years, depending on what comes first.

Compared to a traditional single-family home, the appliances may have more time before upgrading. Regularly monitor their condition and make replacement decisions based on various factors. This includes the age, quality, and how the tenant uses them.

Inspect and Maintain

While it may be expected to keep the appliances up to date and as modern as possible in luxury rentals, it is best practice to inspect the appliances regularly for other rentals. However, in most cases, your tenant will communicate with you about a problem with the appliances. This is why having an amicable relationship with your tenants is good. If they notice any issues with the rental, you want them to your attention. This way, you can resolve issues before they become a significant problem.

For most appliances, the average lifespan is 10 to 15 years, and even with the best use and maintenance, they are unlikely to work adequately. Once this is the case, it's time to consider replacing the unit as a whole. While some appliances, like dishwashers or refrigerators, may be worth fixing within the appliance's lifespan, other appliances, such as microwaves or toasters, may be less cost-effective.

Quality Appliances

If longevity is your goal, purchasing high-quality appliances is the best place to start. Sometimes, it's more financially appropriate to replace an older appliance rather than spending money on frequent repairs. That being said, if an appliance requires frequent repairs, replacing it might be more cost-effective.

Appliances you purchase for your rental can be something other than the most expensive. However, it's good practice to research the product. Ideally, they should be built with quality materials and designed to be easily serviceable. Higher-quality appliances also tend to last longer than lower-quality ones. Investing in durable, energy-efficient appliances for your rental property may be more cost-effective in the long run.

For landlords looking for long-term tenants, every little bit counts. By providing your tenants with up-to-date and efficient appliances, you can make it easier for tenants to stay put. If you are dealing with multiple vacancies and are looking to what kind of appliances you should provide your tenant, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Can You Build an ADU on a Beach Front Property?

getdustin@icloud.com (Dustin Edwards) — Wed, 30 Aug 2023 04:04:53 GMT

Accessory dwelling units (ADUs) can provide a number of opportunities for investors, both experienced and new. Beach city rentals are always in demand, which makes building ADUs to add to your real estate portfolio for an additional income incredibly alluring.

While in most beach cities, there are limits to the size and location of your ADU. There are different challenges when building an ADU on a beachfront property.

In today’s article, we’ll review the challenges of building an ADU on a beachfront property to see if you can increase your passive income.

Understand your Zoning

Different municipalities have different regulations that must be followed. For example, in Long Beach, ADUs are allowed in all areas zoned for single-family detached housing except for r-3-t and r-4-m, which typically refer to multi-family residential zoning. However, this can change depending on where you are building. It can also significantly affect how wide or tall the ADU can be.

For ADUs built on beachfront properties in California, you also need to be aware of the coastal overlay zones. These zones are often protecting beaches and ocean access points. This can limit your project and options when building in or near these zones. Because these areas are protected, there will likely be more regulations and restrictions when building an ADU on a beachfront property.

While building an ADU on the coastal overlay zones is possible, permits may be more expensive and require more time to process. Some locations on the coastal overlay zones make it unlikely that you will be allowed to build on them. These include:

Very High Fire Hazard Areas
Wildland Urban Interface Site
Hillside Overlay zones
Bluff Top Sites
Environmentally sensitive habitat areas

Getting the Right Permits

Assuming you’ve already had your ADU designed and drafted, you'll next need to request your building permits. For ADUs built on coastal overlay zones, you'll need more than the typical building permits. You also need a coastal development permit. This means you’ll need two reviews before starting the project. You'll need the standard review required for every ADU in California and the coastal department review for ADUs built on the coastal overlay zone. With some luck, these will happen simultaneously, which can save time. However, this isn’t always the case.

Start Building

Once everything is done with the city and you are allowed to build, purchase the proper material for the job. To ensure the longevity of the new building, it's best practice to keep in mind that you are building on the coast, and many factors can affect the maintenance required in the future. Nearly every surface must be abrasion-resistant as the sand can chip away at wood, metal, and even scratch glass. The salt and moisture can quickly work out of most metals if unprotected. Hardwood decks constructed of cedar, redwood, and ipe are commonly used due to their rot resistance, though they should still be treated regularly to maximize their lifespan. Composite materials such as fiberglass, PVC, and concrete are famous for building near the coast.

Building an ADU on the coast can seem like too much for some people, but the reward of having a second beautiful rental that can provide you with great passive income for years to come is worth it for those who go through with it. If you need help understanding the coastal zones and how to build on them or help manage your current beachfront property , we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

What Southern California Beach Cities Are Ideal for Rental Properties?

getdustin@icloud.com (Dustin Edwards) — Wed, 23 Aug 2023 03:58:19 GMT

Southern California is well known for its great weather and sunny beaches. Buying investment properties in these beach cities nearly always guarantees a good return on your capital due to there always being a demand for rentals in beach cities. Almost all beach cities share elements that make them excellent investment properties, including steady long-term growth, high demand for housing, and low vacancy rates.

There are many opportunities for rental properties along the coast of Southern California. Below, we will go over three ideal beach cities for buying investment properties.

Huntington Beach

Being a popular tourist destination, Huntington Beach is a great location for residents and tourists alike. It is located in Orange County and distinguishes itself from other beach cities by having many premium and high-end stores, restaurants, and entertainment. This increases the demand for luxury homes and condos compared to other beach cities. While luxury rental properties require a higher capital for investment, they also tend to yield higher returns. That being said, Huntington Beach prohibits short–term rentals. Passive income will mainly come from the property's value growth and long-term tenants.

Huntington Beach also has a robust economy and job market with small and large businesses, which provide its residents with ample job opportunities. With a solid job market, there is a high demand for housing. Well-kept single-family homes and multi-family properties tend to have low vacancy rates, making Huntington Beach an ideal beach city for rental property.

Redondo Beach

Like most beach cities in Southern California, Redondo Beach is also a popular destination for tourism. Like other beach cities, properties in Redondo Beach will come at a premium. However, it will likely be appreciated compared to properties located inland. With an ongoing influx of new residents, rentals in Redondo Beach are rarely left vacant for long.

However, it does come with a caveat: Redondo Beach doesn’t allow short-term rentals either, which means income from properties is limited to long-term tenants and the property's appreciation. This will enable you to grow a long-lasting relationship with your tenants to ensure a steady income.

Long Beach

Like the other beach cities, Long Beach has a demand for housing and is a popular tourist destination. Long Beach is unique in its location, as many freeways intersect with the city. This means it's a great hub city for people working in neighboring cities. Long Beach is considered an “affordable” beach city compared to other beach city real estate markets. However, the properties are consistently in demand and steadily appreciated, just like the other investment properties.

Long Beach does allow you to expand your portfolio more since it permits you to list your property as a short-term rental. Meaning you can adjust your income strategy based on market trends. It's not uncommon for homeowners to build an accessory dwelling unit (ADU) on a single-family property and list it as a rental for an additional income source. For new investors, this provides an opportunity to live in the ADU while listing the main home as either a short-term or long-term rental.

Beach city properties are always in demand and offer great opportunities for savvy investors. Suppose you want to buy an investment property in Southern California or need help managing your current beach city property. In that case, we would like to invite you to call us today at (562) 888-0247 or complete our Owner Application online .

Make Your Multi-family BeachFront Property Stand Out

getdustin@icloud.com (Dustin Edwards) — Tue, 15 Aug 2023 20:42:55 GMT

Beachfront rental properties already provide a unique opportunity for tenants to have breathtaking views and access to a coastal environment, which creates an unparalleled lifestyle. For you as a landlord, however, your priority is to keep your rental units occupied. Being able to take a few steps out onto the Long Beach sand, this shouldn’t be a problem.

However, you’ll want a strategy to make your multi-family beachfront property stand out. Today, we’ll go over how to stay ahead of the competition to minimize vacancies and maximize your bottom line.

Sound Proofing

While having easy access to the beach, many beachfront properties generally give up some privacy, especially if your property is near a popular tourist area. During peak tourist season and popular events, many beach areas can experience a high level of foot traffic that can be quite loud.

Soundproofing the property is a great way to make it stand out. Acoustic insulation and double-paned windows can have a considerable effect in reducing outside noise. This increases the privacy of your tenants and improves their overall comfort. As an additional bonus, many soundproofing techniques are used to reduce energy costs. This can make the units more energy efficient as well as comfortable.

Provide a Place to Enjoy the View

One of the desirable traits of a beachfront property is the view. Therefore, to make your property stand out, you should provide an area for your tenants to enjoy. As previously stated, privacy may be a concern, though giving tenants a little piece of the beach for themselves will make your property stand out. This can be wide windows facing the ocean, an outdoor communal deck for tenants to relax and take in the ocean air, balconies for each unit, or even a rooftop lounge. Many people looking for beachfront rentals seek a property that provides a relaxing environment they can enjoy by themselves or with others.

As Many Amenities as Possible

Amenities enhance your tenants' quality of life and can be a massive selling point in your advertisement. Aside from the typical washer, dryer, and dishwasher expected from a luxury rental, it stands out with amenities your tenants didn’t know they wanted, such as integrated high-speed Wi-Fi throughout the building or smart home systems.

Everyone is online to a certain extent, and having a stable connection throughout the property is a significant bonus. Listening to music or having a video call without interference with an integrated high-speed internet system is a substantial asset.

With more and more people working from home, why not set up the rental with a more efficient residential environment? Including keyless entry, smart thermostats, smart lighting, and smart appliances, which can be controlled via a voice assistant or their phones.

Pet-Friendly Home

A pet-friendly rental increases the pool of tenants looking at your rental. While it may initially seem risky to allow pets due to the potential property damage they may cause, this can be minimized by having the pet vetted and having an additional pet deposit for these cases. Pets help occupancy stability for rental properties as many tenants often feel less comfortable moving their pets.

Property Maintenance

Your property has to look the part, and beachfront properties must be maintained more often due to exposure to more elements than properties inland. You only get one chance at first impressions. For your property to stand out, it must make its first impression count. Beachfront properties must be painted regularly because the sand and winds act as an abrasive and chip at the pain and any other surface. Metals can rust, and wood can rot away. If a potential tenant sees a property in poor condition, they may assume the inside is treated as poorly as the outside and may sour on the property.

Multi-family beachfront properties in Long Beach are a great investment opportunity. If you need help managing your beachfront property or need help making your beachfront stand out, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

The 3 Biggest Amenities Beach Front Properties Must Have

getdustin@icloud.com (Dustin Edwards) — Fri, 04 Aug 2023 03:31:27 GMT

Beachfront properties have different needs compared to other luxury rentals. While you’ll want to provide the same amenities in luxury rental properties , beachfront rentals may have unique requirements not found elsewhere.

Today’s article will focus on three important amenities for beachfront properties.

Outdoor Shower

While having a shower outside may seem a bit out of the norm, these aren’t for the typical showers. Since the property is next to the beach, it's natural that tenants will take advantage of the location and go for a swim in their backyard ocean. However, the saltwater and sand can be irritating to the skin. This is one of the main reasons to have an outdoor shower. Tenants and their guests can wash off the sand and saltwater before returning to the home. This also benefits you as their landlord, as you don’t want the tenants to track sand back inside the home. Sand can act as an abrasive. Imagine your tenants walking into the house with sandpaper on the bottom of their feet. This can cause damage to hardwood, tile, and even concrete.

Washing off the salt water can also help with unnecessary corrosion caused by the moisture and salt. You cannot avoid all salt and humidity in homes on the beachfront. Letting tenants remove sand and salt before returning home can help prevent excessive wear and tear.

Sturdy Yet Classy Outdoor Furniture

Outdoor furniture is a must for nearly any luxury property with outdoor living spaces. For beachfront properties, you'll have to invest more than at a typical rental, though, due to the amount of weathering, furniture can suffer while outdoors next to the beach.

As previously stated, sand can be incredibly abrasive and cause damage to plastic, wood, and even metal. Plastic furniture, while resilient, is often seen as cheap and usually only holds up well against the sun if specifically designed to withstand it, limiting your choices. High-quality wooden furniture may look elegant and, if properly built and treated for outdoor beach weather, can last a lifetime. While beautiful, these can be expensive and require special care to ensure longevity. Metal furniture is the best of both worlds. They can be elegant and resilient. They may need to be touched up regularly to maintain their integrity, as salt, sand, and moisture can eat through the finish and begin to rust the furniture.

A Deck With a View

Beachfront properties have an amazing opportunity to have an ocean view. This needs to be taken advantage of. A well-built deck that can provide a calm naturally lit, and airy environment to enjoy the view is essential on a beachfront property. As you move closer to the ocean, noise pollution begins to subside in the evenings. The sounds of the ocean waves crashing on the coast and a fantastic ocean view can provide tenants with a relaxing and calming time.

Decks that can withstand the elements on a beachfront property will be a sizable investment if your property doesn't already have one. This price can vary depending on size and material. However, on average, a deck can cost about $25 per square foot, regardless of whether the material is natural wood or a composite material.

Providing your tenants with these three essential amenities has the potential to keep your tenants happy and living on your Long Beach rental property for the long term. If you need help providing these crucial amenities or need help managing your beachfront property, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Maintenance Items for Beach Front Properties

getdustin@icloud.com (Dustin Edwards) — Wed, 02 Aug 2023 03:27:44 GMT

Maintenance is inescapable regardless of what kind of property you own. However, beachfront property maintenance is a bit more involved due to the proximity to the ocean. Not only will you need to keep in mind the added corrosion of the salt in the air, but you’ll also need to consider the added moisture, winds, and sun.

Today, we will give you a list of seven maintenance items you should prioritize for beachfront properties.

Preventative Rain and Storm Maintenance

Southern California has fallen into a pattern of severe drought followed by extremely wet weather . For this reason, it's important to ensure your beachfront home is ready for any condition. Typically, you’ll want to check your roof for leaks or any inconsistency every three years. It's recommended that homeowners inspect their rain gutters and drainage systems yearly. Especially after dealing with a drought, many elements of these systems are overlooked when the state is dealing with a drought.

Saltwater Corrosion Control

Corrosion caused by the ocean salt can feel unavoidable at beachfront properties. However, there are many ways for landlords to protect their investment properties from the salt. It's a good idea to visually inspect the property, whether yourself or a professional, to check for areas that commonly corrode due to the salt. Metal hardware will frequently seize or begin to squeak if they’re not lubricated regularly. Although a spray of WD-40 can suffice for most applications, it's recommended to use marine sprays and lubricants made for homes on the beach. If the hardware has begun to rust, you may need to replace it or coat it with an anti-rust coating.

HVAC Maintenance

HVAC systems on beachfront properties usually require more maintenance than properties inland. Wind can blow sand and saltwater into an HVAC unit, causing a much shorter lifespan. While there are some preventative measures you can take, such as protecting the HVAC unit from the elements with covers and fencing, you’ll need to inspect the unit more often than with non beachfront properties.

Pest Control

Many pests prefer moist environments, making beachfront properties a perfect nesting ground for cockroaches, rodents, ants, termites, and more. These pests can cause thousands of dollars in damages if left unchecked. Inspecting for pests should be done regularly every three months or whenever a tenant notices them. It's important to ensure they are taken care of quickly, as the longer they are allowed to infest a property, the harder it is to get rid of them.

Mold and Mildew Control

Moisture from the beach also provides a great environment to grow mold and mildew. Not only should you inspect the home for fungal growth, but you should also ensure bathroom exhaust fans are working properly. Because salt and moisture can get into the motor of bathroom fans, these should be inspected regularly. Depending on the humidity levels, homes may need monthly inspections for mold and mildew.

Safety Device Inspection

It's common for people to forget about their smoke and carbon monoxide detectors when living in beachfront properties. Yet these are life-saving devices that need to be in working condition. Moisture can cause these devices to short-circuit or batteries to corrode. It is best practice to inspect the devices monthly and ensure there are extra batteries if necessary.

Inspect the Exterior Paint

Being right next to the ocean can be relaxing. Nevertheless you should ensure the exterior paint can keep up with the beach weather. There is little protection from the sun next to the beach, and heavy winds can make sand act like an abrasive when hitting your home. For this reason, exterior paint tends to flake more often. Paint isn’t just to maintain curb appeal; it acts as a barrier to the elements. This means even high-quality paint may need to get touched up, or the home may require a repaint as often as four or five years.

Keeping up with beachfront property maintenance can be a handful but well worth it. If you need help managing your beachfront maintenance, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How the Thriving Rental Market Benefits Long Beach Investors

getdustin@icloud.com (Dustin Edwards) — Sun, 23 Jul 2023 21:41:19 GMT

Long Beach’s real estate market There are many opportunities in Long Beach, CA, for people from all walks of life. This means that there is always someone looking for a rental. With the rental market thriving and Long Beach considered a more “approachable” city than Los Angeles or Orange County, it’s a great time to be an investor.

Join me as we go over why investing in the Long Beach real estate market is a great way to diversify your portfolio.

Vacation Rental Property

While tourism isn’t Long Beach’s primary industry, it is a travel destination. With the Long Beach convention center, the Aquarium of Pacific, Catalina Island, and Queen Mary, there is an excellent argument for short-term rentals. A short-term rental property is a guest stay for less than 30 nights. Long Beach has a $250 initial application and subsequent annual renewal fee to list your home as a short-term rental.

Vacation rentals are great for passive income because Long Beach has great weather most of the year. Vacation homes appreciate, which can provide a higher return on investment and passive income from the rent. Short-term rentals are only for some. Some investors prefer a long-term tenant to avoid the hassle of cleaning and preparing the rental in-between guests.

Great Location

Long Beach is one of the greatest locations in Southern California. Access to Pacific Coast Highway and five different freeways, the 22, 91, 405, 605, and 710, makes Long Beach a great city hub for tenants who work out of town but also want to visit the neighboring cities. Long Beach sits between Los Angeles, Anaheim, Santa Ana, and Huntington Beach.

Being in such a great location, Long Beach can attract tenants looking for rentals from all over Southern California. Mining vacancy rates are often low.

Thriving Economy

The second busiest port in the country resides in Long Beach, making it an important economic hub. Along with a wide range of diverse industries such as healthcare, restaurant, education, and manufacturing, there is a steady demand for homes and apartments, making it a fantastic location for investors. With abundant job opportunities, Long Beach has a relatively low unemployment rate making it a viable location for property investors .

Rentals are High in Demand

While rising interest rates make it challenging for first-time home buyers, it opens an excellent opportunity for landlords because rents are still strong. In Long Beach, the average rent is around $2,500 for an 800 sq. ft. home. This number can vary depending on the neighborhood, type of rental, and layout. Although the interest rates are high, the rent can be adjusted to provide a greater asset with equity and a higher passive income if you refinance. This may increase the amount you charge your tenant. However, it can aid in vetting financially capable tenants who comfortably fulfill their rental obligations.

Investing in Long Beach’s real estate market is a great opportunity for both new homeowners and experienced investors. Begin your real estate career or expand your portfolio while earning passive income. If you are looking to invest in Long Beach real estate and or need help managing your Long Beach rental properties, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Desirable Property Features for Luxury Rentals

getdustin@icloud.com (Dustin Edwards) — Thu, 20 Jul 2023 21:37:27 GMT

If you are a real estate investor in Long Beach, CA, you've likely come across luxury rentals as an investment opportunity. Luxury rentals are only a tiny part of the overall rental market, and while they have a higher initial investment cost, they are often exclusive properties with the potential for a high return on investment (ROI)

Luxury comes in various avenues and isn't limited to just one thing. Aspects of luxury rentals include the neighborhood, the property's condition, the architecture, and other features. Today we’ll review a list of desirable property features your luxury rental should have to generate more passive income.

Outdoor Area

Many luxury homes often include an expansive outdoor area. In Long Beach, they’ll typically provide areas for gatherings, entertainment, and cooking. It's not uncommon to see luxury rentals with swimming pools and other water features with dedicated maintenance companies to ensure they always work in good order. Large gathering areas such as gazebos, large BBQ areas, and patio furniture essentially welcome the tenants to have get-togethers. Some luxury rentals even have pizza ovens for more variety. Landlords will provide these items in luxury rentals to warrant a higher asking price for rent.

Appliances

Many rentals nowadays include a number of appliances, such as an in-unit washer and dryer, to help the property stand out. When looking at luxury homes, you’ll often have higher-end appliance packages such as Miele, Thermador, or Thor. These often include refrigerators, stoves, dishwashers, hoods, etc. Not only will tenants at a luxury rental expect the highest quality appliances, but they’ll likely also expect every item to match in brand and aesthetic. This is why buying package deals makes the most sense.

Appliances for luxury homes don’t end in the kitchen either, and with luxury rentals, it’s recommended to provide as many appliances as possible for your tenant. This includes air conditioning, heating, televisions, built-in speakers, and other electronics.

Nuanced Touches

Alongside many amenities provided in luxury homes, there are some nuanced items to consider. These are typically items to help make things easier for the tenant and help them feel more secure. High-speed wireless internet throughout the home is usually required for any luxury rental. With it, providing smart home features in the rental is much easier. Modern smart home features allow your tenant to control many aspects of the home through their phones, such as the speaker volume, climate controls, doors, lighting, security cameras, and window blinds. This allows tenants to keep the rental to their ideal conditions while being able to access security cameras can help them feel safe if they’re ever out of town.

An additional feature many luxury rentals provide now includes EV chargers. Recently, more and more people are going electric, providing a convenient way to charge their vehicle at home without needing to drive out to a charging station.

Pet Friendly

Many people treat pets like family and will be searching for specifically pet-friendly homes. While allowing pets in luxury rentals may seem counterintuitive, not doing so can limit the pool of potential tenants. There is always a risk to allowing pets. There are ways of vetting pets, much like there are for tenants. This can lower the risk of property damage caused by the pet though it cannot guarantee any damage. Many investors, however, believe the risk is worth the reward as many potential tenants for luxury rentals wouldn’t part ways with their “fur babies.”

A luxury property being a considerable investment shouldn't be a deterrent. Luxury rentals are an amazing investment opportunity. If you are interested in luxury rentals or need help managing your Long Beach rental properties, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Water Fountains To Make Your Long Beach Rental Stand Out

getdustin@icloud.com (Dustin Edwards) — Thu, 13 Jul 2023 21:33:11 GMT

Water features can be a great addition to any outdoor space, especially for those rental properties with large open areas. A water fountain can bring sounds, livelihood, and movement to a static yard. Depending on the size of the rush you decide to install, they can even help keep outdoor temperatures cool during the hot summer days in Long Beach.

Today we’ll review the different kinds of water fountains and how they can help your rental stand out from the rest this summer.

Why a Water Fountain?

First and foremost, you need to understand there is a wide selection of water fountains nowadays. Each water fountain is designed to fulfill an individual and unique need in an outdoor space. Depending on your space, you’ll have to make this selection. Water fountains add a bit of calmness, nature, and beauty to any yard. The soothing sounds of the water can help with the loud sounds of the city. If your rental already has a water feature, such as a pond, a fountain can help with filtration and overflow any excess water into the pond. Fountains can also be great fun for children during outdoor gatherings by using a fountain that can blow bubbles.

While we cannot make that choice for you, we can help give you information to make the right decision.

Traditional Water Fountain

When you hear about a water fountain, the first kind that comes to mind is the traditional multi-level fountain—typically made of beautiful stone or concrete. These fountains tend to be on a larger scale and are commonly used to help luxury rentals stand out . It's a fantastic water feature that, while not being the most efficient in conserving water, is a beautiful addition to any backyard with the space for one. These types of fountains are more than eye candy. They have quite a few benefits.

They can help reduce noise pollution by replacing car exhaust with running water, they attract wildlife like birds and other pollinators, and most important, for the summer, they can help manage the heat outdoors during get-togethers.

Decorative Water Fountain

Smaller water fountains can also be used in your yard to accent other features instead of being the focal point. While not as extravagant as a traditional fountain, smaller, decorative fountains still calm your landscape. Due to their size, these can be installed in the front of the home or the backyard. Smaller water fountains will often attract birds and other wildlife. Setting up a small bird bath to watch the birds has been shown to help with mental health. These water fountains are easier to install and move around. While they require less water to set up, the water can evaporate faster in the heat, damaging any pumps.

Maintenance

Like with many water features, there will be necessary maintenance with a water fountain. You’ll want to maintain a healthy water level and not damage water pumps or filters. For larger fountains, you’ll have plenty of time to notice the water level fluctuation, though smaller fountains need to be inspected weekly.

Much like maintaining pools , you’ll have to use some chemicals to keep the water crystal clear. If you don't, you may see an abundance of algae and insects growing in the water. Ideally, twice per year, the fountain equipment should be inspected and cleaned thoroughly to prevent any long-lasting damage.

Water features can help improve quality of life as well as curb appeal. If you’re planning on installing a fountain and cannot decide which one to buy or need help managing your Long Beach rental properties, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Benefits of Accessory Dwelling Units In Long Beach

getdustin@icloud.com (Dustin Edwards) — Thu, 06 Jul 2023 21:17:56 GMT

Long Beach, CA, is a city that provides alluring opportunities to a diverse population. There will nearly always be a demand for rentals of various shapes and sizes. One of which is Accessory Dwelling Units (ADUs). These structures have different benefits, from expanding your real estate portfolio to dipping your toes into the industry.

Below is a short list of five significant benefits an ADU in Long Beach can provide.

Benefit #1 Increased Property Value

Like with many home improvement projects, there should be an increase in your home’s appraised value once an ADU is built. It’s relatively straightforward. Increasing the living space increases potential value. Whether you choose to use an ADU as a rental or as additional living space for your family, an ADU can increase the potential value of your property. It’s like building an apartment in your backyard. While the increase can vary depending on the neighborhood and location of your property, some people see a potential increase of roughly 20% to 30% of the property's value.

Benefit #2 Rental Income

One of the biggest benefits of an ADU is that it can provide https://beachcitiesmanagement.com/how-an-adu-can-add-a-rental-income-to-your-long-beach-home passive rental income once it's built. If you’re building an ADU as a rental, you must be prepared for long-term tenants. This can provide a steady flow of income every month, and when you find great tenants, that cash flow is likely to continue. ADUs in Long Beach do not qualify for short-term rental, meaning you cannot list them on sites like Airbnb. However, this opens up the opportunity to tip the main house as a short-term rental while the ADU can be lived in by long-term tenants or yourself.

Benefit # 3 Minimize Living Expenses

As suggested, you can live in the ADU while renting out the main house. This is a great way to reduce your living expenses. It's an incredibly viable solution for people looking to downsize after the kids grow up and move out or if you want to simplify your current lifestyle. This also allows you to list the main house as a short-term rental. However, many homeowners prefer to avoid cleaning and managing short-term rentals and would rather have long-term tenants.

Larger Tenant Pool

An ADU can be used to attract a much wider range of tenants. This includes people who are single, couples, or small families. An expanded tenant pool can increase the likelihood of finding stable, reliable, and qualified tenants faster. This has the added benefit of lowering vacancy rates. Vacancies can be highly costly to landlords as it halts rental income and means you must spend money to repair the unit for another tenant.

Lower Maintenance Costs

Because ADUs are usually smaller and on the same property as the main home, yard work and landscaping maintenance costs can sometimes remain the same. Due to the ADU being a new structure, most of the maintenance done within the first five years should be minor upkeep and inspections to ensure the ADUs systems are functioning well. Naturally, there can be outliers. For new landlords, this presents a unique opportunity to find reliable tradesmen and vendors you can work with in the future.

Building ADUs can be helpful for new landlords and experienced investors alike to improve their bottom line without breaking the bank. If you are planning on making an ADU or need help managing your Long Beach rental properties, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Best Ways to Maximize a Garage Space For Your Rental Property

getdustin@icloud.com (Dustin Edwards) — Tue, 04 Jul 2023 21:13:54 GMT

Garages are used for more than just storing vehicles. A garage can serve as a valuable storage area, a fitness area, or a workshop for hobbies. The garage space is quite versatile and, when organized efficiently, can be incredibly convenient for your tenants. While providing adequate storage for your tenant is unnecessary, it does go a long way in keeping them happy. As we know, keeping your tenants happy is a great way to keep tenants long-term and have fewer issues.

Today we’ll review the five best ways to maximize your tenants' garage space.

Vertical Storage

One of the best solutions is to use vertical space when a room is small or cramped. This includes installing shelves or racks to expand storage capacity. For example, heavy-duty storage racks you can buy at a home improvement store have 5 levels and are, on average, 48 inches long by 24 inches deep. This gives a storage area of around 8 square feet per level which can gain you nearly 40 square feets worth of storage space. While only taking up the aforementioned 8 squared feet. Shelves, while less robust than storage racks, can still provide a significant amount of storage space, especially when the racks either don't physically fit or don't fit the aesthetic. Shelves vary in size and scale, though there is one recommendation you should always keep in mind when installing shelves. They’re only as strong as where they are mounted to. Be sure to mount shelves on wall studs by using a stud finder, then measure 16 inches away from it to find the next closest wall stud. By mounting them directly onto wood instead of drywall, the shelves will be more sturdy and capable of holding more weight.

Overhead Space

Unless you have a shallow ceiling, you’ll likely have plenty of space to install overhead storage. Overhead storage is just that, a storage area typically attached to the garage's ceiling. Except for lights, the ceiling is hardly ever used, and overhead storage can be used to store items not frequently used by tenants. Much like shelves, overhead storage should be mounted onto wood, as it will need to withstand the weight of the items stored and the weight of the storage rack. While the traditional frame that sits on the floor may be able to hold more items, an overhead storage rack takes up zero floor space and provides a considerable amount of storage.

Multipurpose Furniture

To help minimize clutter, you can opt to provide multipurpose furniture in the garage. While not necessarily a massive space saver, multipurpose furniture can help your tenant to keep the area tidy. Some furniture pieces that serve multiple functions include storage ottoman or chest chairs. These can store commonly used items or put things away for later without misplacing them. There are many other examples of multipurpose furniture though they share the same philosophy of maximizing space while minimizing clutter.

Space-Saving Cabinets

If you choose to install cabinets, it's preferable to go with cabinets specifically designed for storage in small spaces. Incredibly similar to wall-mounted shelves, mounting cabinets on the wall can free up floor space. Most times, cabinets abruptly end before a corner, and another cabinet is installed on the adjacent wall leaving unused space in the corner. Corner cabinets are shaped to fit snugly into those previously new corners giving plenty of additional storage space and a seamless row of cabinets.

Hooks and Hangers

Strategically adding hooks or hangers in the garage can provide a great storage solution for more commonly used items. Commonly used items like coats or bags can be hung on hooks mounted on walls. In comparison, you can install hangers for bicycles to keep them off the floor and save space.

Maximizing garage storage space can be tricky, especially in smaller garages. If you want to increase your storage space or need help managing your Long Beach rental properties, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

What Challenges Come with Owning a Beachfront Property?

getdustin@icloud.com (Dustin Edwards) — Thu, 29 Jun 2023 01:52:37 GMT

Beachfront properties are some of the most lucrative investments for rental properties. However, owning a beachfront property comes with many challenges that, if not taken care of, can drastically affect your bottom line.

Today we will go over five challenges that come with owning property right next to the beach.

Environmental Risks

While waking up in the morning to waves crashing outside of your backdoor is a fantastic feeling, there are environmental risks you need to consider when owning beachfront property.

While Long Beach rarely floods, beachfront property has an elevated water damage risk. If the property is too close to the beach, extreme tides can bring seawater that can damage your property and make it difficult to access the home. If these occurrences are frequent, they can devalue the property greatly. Tropical storms can also damage your property if you’re caught off guard for one. Investing in the appropriate insurance when dealing with beachfront properties is a good idea.

Erosion

Because waterfront properties aren’t as sheltered as other homes, rain and wind can do more damage than you may realize. Acting like an abrasive, the sand can erode paint, wood, and finishes during heavy winds. Due to the proximity to saltwater, unprotected metals will rust and corrode prematurely. When combined, for example, during a storm, the sand can chip away at protective finishes, allowing saltwater to degrade the exposed materials.

Maintenance

Be prepared for frequent maintenance at any beachfront property. For the reasons stated in the erosion section, the home’s exterior will require regular maintenance, far more often than homes within the city.

It doesn’t stop there, however, as the interior of the homes will also require frequent attention. Sand is coarse and rough and gets everywhere, which is no different in homes. Tenants and guests often accidentally drag sand and saltwater into their homes. While unintentional, the sand can scratch hardwood flooring and tear carpeting. Saltwater can damage carpets and cause hinges or other metal hardware to begin to rust. Humidity in beachfront homes is unavoidable, unfortunately. And this can damage untreated wood and even electronics. Maintenance can affect your bottom line far more than in other locations when owning a beachfront property. Keep this in mind when investing in these kinds of properties.

Privacy

The beach is a public space, especially during the hotter seasons. You should expect to deal with many tourists and beachgoers. This can cause a few issues for tenants living on the beachfront property, including issues related to accessing public roads, parking, and privacy. Especially during summer breaks, when children are on vacation from school, the beach tends to get incredibly crowded and loud. Finding a comfortable balance when living in these kinds of properties can be challenging. While there is little that can be done about people visiting the beach during the summer, having dedicated parking and adding soundproofing to the home can go a long way in helping you or your tenants feel less confined.

Investment

Beachfront properties are often considered a luxury , requiring a substantial investment. Besides the initial investment and frequent maintenance, expect to pay a high premium on insurance. As a result of frequent maintenance, you’ll discover that beachfront properties have stringent building codes, meaning you’ll want to invest in tradesmen who specialize in these properties. Not only to keep your property up to code but to ensure that any repairs are done with the natural erosion in mind to allow fixtures and fitting to last as long as possible.

Owning a beachfront property needs thoughtful consideration of these challenges to ensure an enjoyable experience for you and your tenant. If you are looking for proficient tradesmen with beachfront property experience or need a property management company to help you manage a beachfront rental property you own, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

DCR - What to Consider When Looking at Multi-Family Investments

getdustin@icloud.com (Dustin Edwards) — Thu, 22 Jun 2023 01:47:32 GMT

Many investors find that while managing a single-family home is easier, multi-family investment properties offer a higher return on investment (ROI). With increased tenants, multi-family homes can better protect the property from market conditions. However, investing in multi-family properties can be more involved. With an increased number of tenants comes an increased amount of capital needed to maintain the properties and increased regulations.

When looking for multi-family home investment opportunities, analyzing the Debt Coverage Ratio (DCR) is a useful tool to determine whether the property is financially viable. Below are a few elements to keep in mind when looking to invest in multifamily rental properties.

How to Calculate for DCR

DCR is often calculated by finding the net operating income(NOI) of the property. For example, in this scenario, it's $850,000 per year with a combined annual debt service of $680,000. The formula looks something like this:

$850,000/$680,000 = 1.25x DCR

Typically a DCR result of over 1 is considered profitable. Anything less, and it’s considered a loss.

While calculating for DCR isn’t too complicated, it's incredibly important to calculate the NOI as accurately as possible. If it's not calculated correctly, it may lead to inaccurate results, which can result in you losing money.

Stability of Cash Flow

Stability Cash Flow is an important indicator of the ability to meet obligations such as loan payments, interest, bills, and maintenance fees. Using the DRC, you can measure the property's ability to generate adequate capital to cover your debt obligations. You can then analyze the previous projected rental income, vacancy rates, costs of operations, and future rent increases . This can help you to determine an estimate of what the property's potential resources will be. If the DCR is high, this property is considered desirable because it can generate enough income to cover its debt obligations. Low DCR, on the other hand, is considered far less enticing as it may require further investment.

Lending Requirements

Most lenders will have a specific DCR/DSCR requirement before approving loans. Knowing these requirements is critical when applying for a loan. A lender may use a form of the DCR to determine if you will be eligible for the loan. They may take into account both your debt and income. Naturally, more personal income and less personal debt will increase the likelihood of approval. Large personal debts, including mortgage, credit card debt, or student loans, can be detrimental to receiving a loan. A higher DCR also indicates to the lender there is a lower financial risk. Which greatly improved the likelihood of a favorable loan.

Evaluate the Market

The market conditions can play a meaningful role in how successful a multi-family investment property is. Items such as rental demand, vacancy rates, and potential rental growth in the target market can help you determine the property's potential income. This can have a great effect on the DCR.

In order to make an informed investment decision, you need to best align your investment strategy with the property's DCR goals and long-term program.

Understanding how to calculate DCR when searching for a multi-family investment property can be difficult for first-time and experienced investors. If you need help calculating the DCR of an investment property in Long Beach, CA or need a property management company to help you manage a rental property you own, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Luxury Rentals, It’s More Than Just the Property

getdustin@icloud.com (Dustin Edwards) — Thu, 15 Jun 2023 01:40:46 GMT

You’ve come across luxury rentals in your search for investment properties. Many times inexperienced and seasoned investors turn away from them due to the initial investment. Luxury rentals will command higher rental rates and attract higher-income tenants. This can result in a higher rental income when compared to nonluxury rentals.

Below we’ll review a few key elements to consider when looking for luxury rentals as investment properties.

Neighborhood

A luxury rental is more than just the property itself. The location of the luxury property is a crucial factor to consider when investing in luxury investment properties. For example, neighborhoods like Alamitos Heights, Rancho Estates, and Naples are considered luxury neighborhoods in Long Beach. Luxury apartments and condos in Long Beach include ocean center, Beverly Plaza Apartments, and Volta on Pine.

What makes a neighborhood a “luxury” neighborhood usually means the property is located near desirable locations such as shopping centers, restaurants, and other entertainment options like proximity to the beach. Highly desirable locations will often attract well-off tenants with stable jobs.

Look for properties in prime areas with high demand and proximity to amenities like shopping centers, restaurants, and entertainment options. A desirable location will attract affluent tenants willing to pay a premium for luxury accommodations, maximizing your rental income potential.

Amenities

Amenities in the property can play a significant role in how successful a luxury rental is. While standard in-unit amenities should be upgraded regularly, items such as appliances, keyless entry, and wifi should be expected to be modern and up-to-date. For luxury rentals, there is no such thing as enough amenities. Ideally, your tenants shouldn't need to leave their homes to get chores and errands done that they don't want to do. Onsite amenities that all tenants can use are often desirable. Often the onsite amenities can include laundry/dry cleaning services, a commons area for tenants, office space, and even restaurants.

Other amenities that can be desirable include upscale finishes, an open concept, a gym, swimming pools, as well as dedicated and secure parking. These amenities can differentiate your property from the others on the market. They can also attract tenants willing to pay a premium for a luxurious living experience.

Maintenance

Like many investment properties, it's important to keep up with maintenance. However, with luxury rentals, you’ll typically require specialized management to maintain the higher standards of a luxury property. It's also likely that you’ll need to cater to the specific needs of the tenants. It's important to ensure the property management company you hire to maintain these properties has adequate experience.

Not only should they be skilled in managing tenant requests, maintenance needs, and inspections to ensure the property is up to date and well maintained. This way, the property can operate smoothly, and tenants remain happy. A happy tenant results in fewer vacancies in your properties and fewer complications with tenants. A high-quality and competent property management company can help you to protect your investment, ensure a positive rental experience for your tenants and give you the freedom to spend your time however you wish.

Entering the luxury real estate business can seem daunting because of the investment cost. Nevertheless, the opportunity to substantially improve your profits is there as well. If you believe you’re ready to invest in luxury rental properties or need a property management company to help manage a luxury property you own, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Where Should Your Long Beach Rental Property Be Listed?

getdustin@icloud.com (Dustin Edwards) — Thu, 08 Jun 2023 01:36:56 GMT

When looking into the investment property business, homeowners often realize the potential for additional income by renting or leasing their homes. Understanding the ideal platform for listing your property is incredibly important. After all, the best way to get people’s eyes on your Long Beach rental is to list where tenants are looking.

You can use many tools to list your Long Beach rental property. Below are a range of tools and key tips to consider for the best results.

Online Rental Platforms

Like many businesses, rental advertising has primarily moved online. Using the most popular online rental platforms would be ideal for listing a Long Beach rental. Websites such as Zillow, Apartments.com, and Rent.com provide a broad range and can attract many potential tenants looking for a rental in Long Beach.

Zillow is one of the most visited sites tenants use to find rentals. For landlords and investors, Zillow has many tools and an abundance of data and services but needs the ability to categorize properties in specific neighborhoods.

While it may seem conflicting to use Apartments.com due to charging users to apply on the mobile app, it helps to refine the quality of tenants looking for rentals.

Rent.com, much like Zillow, is free for prospecting tenants to use. By listing on both sites, you can cast a wider net and put your Long Beach rental property in front of more eyes.

People have access to the internet in the palm of their hands nowadays. When someone is looking for a rental, their first instinct will be to check their phones for rentals and be updated in real-time. You can take advantage of this by making sure you list your rental on all the popular websites.

Once listed, you’ll need to make your listing stand out . Professional photography can help capture details and angles that could be missed if you simply take a photo with your phone. While your phone is fine in a pinch, professional photography will often be of higher quality and be used for many years. A photo done with a phone may need to be updated as frequently as the phone itself.

Use Social Media

Social media is used for more than just sharing pictures and status updates. While on their own, they may not be the best at listing your Long Beach rental, they can be used as an effective tool to list your rental. Listing one of the many different rental sights can only express a limited amount of details for your rental. As a listing tool, Facebook or Instagram can show more than just the rental itself. These sights can provide additional advertisement, and you can go into detail about neighbors, property management, and yourself as the owner. It can also open a more personalized avenue of communication where you can learn about the potential tenant.

Know Your Audience

Unfortunately, the days of tenants going through the classifieds looking for a rental are long gone. The majority of potential tenants are under 35 and will most likely go online to find a solution to their rental needs. While there isn’t anything against printed ads for rentals, it probably won't be seen. On the contrary, “for rent” signs are still practical. Many times tenants will find it difficult to initiate their search for a new place to live. By having a sign in front of your rental, you can still pique the curiosity of a potential tenant who may be indecisive.

There are many tools out there to help you find the right tenant. If you need help listing your Long Beach Rental or looking for a reliable property management company to handle vacancies, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How to Find a Property Management Company

getdustin@icloud.com (Dustin Edwards) — Fri, 02 Jun 2023 01:33:07 GMT

Sometimes you need a hand managing your rental properties, whether you are an experienced investor or a new landlord. A high-quality property management company can provide that help. While saving some money by doing the management yourself is possible, you should consider the time you’re investing. The old adage “time is money” comes to mind. While you can spend an afternoon fixing a maintenance issue in a rental can save you a bit of money. In the grand scheme, that time could have been better spent investing in other properties or spending it with family, friends, or a hobby. People who use property management companies see it as a tool to save them time, which can, in turn, make them more money in the long run.

When searching for a property management company, there are a few items to consider. Today we’ll go over three main tips to help you find the best property management company for you.

Research and Referrals

Because many times when you hire a property management company, contracts are involved, it's incredibly important to research prospective companies. Thorough research online is a great place to start. While the property management site may have some reviews and testimonials, you should consider finding review sites that aren’t biased toward the property management company in question. Aggregate review sites like Yelp will typically have all the reviews from customers, both positive and negative. These reviews are a great place to start when making your decision.

You can also seek referrals from local real estate agents, landlords, or other property owners. When finding referrals, you should ensure the companies manage the same kind of properties you own. Many companies specialize in different properties, be aware of this fact as it can be an essential factor in your decision.

Interview the Companies

While the information on a property management company can tell you plenty of information, you may need to make a call. You can narrow your choices by scheduling interviews with the property management companies you are interested in. Ask questions about the kinds of properties they manage and if they manage many properties in Long Beach. This is an important question to lead with. If the company works exclusively in Long Beach, it will likely have faster response times, know the local laws better and have local tradesmen in cases of emergency repairs.

Other questions to ask about include their tenant screening processes and major maintenance procedures. Ask about anything that isn't overtly specified on their website. By taking the time to speak with you, you can evaluate their professionalism, responsiveness, and how well they are at communicating.

Check their Credentials

You must do business with a property management company that holds the licenses and certifications required by California and LA County. This will provide proof of compliance with regulations and show their professional standards. You should also look into their insurance, what it covers, and how it can help in protecting your property.

The property management in question and the tradesmen they work with, such as electricians and plumbers, should also be researched, as well as any other services they may use.

By using these three tips, you can make it easier to find a reputable property management company. One that suits your specific needs to help manage your properties. If you need help finding the right property management company for you or would like to ask us about our services, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

Top 5 Reasons A Rental Property in Long Beach Is a Smart Investment

getdustin@icloud.com (Dustin Edwards) — Tue, 30 May 2023 06:30:00 GMT

Long Beach is an amazing city with great weather. While it's the sixth largest city in California, it has a small-town feel. With a strong and stable economy, Long Beach is an excellent location for an investment property with the potential to increase in value over time.

Why is it wise to have a rental property in Long Beach? Today we’ll answer that question with the top five reasons why a rental property in Long Beach is a wise investment.

The Great Weather

First and foremost, Long Beach has fantastic weather all year round. Even during the summer, Long Beach rarely gets above 85° F, with cool nights around 60°F. Winters are equally comfortable, with temperatures rarely falling below 58°F on average at night. Great weather brings a wide variety of people to visit and live in, which means that well-kept rentals in Long Beach rarely remain vacant for long.

Location

Long Beach is a major city in California with a growing population and a bustling economy. There will always be a need for housing. Long Beach also sits between Los Angeles and Orange County, which allows it to benefit from both resources. With people returning to work in person, Long Beach gives families and couples a great home base if they work in the surrounding counties.

Affordable Beach City Property

While not cheap, investment properties in Long Beach are Southern California's most affordable beach city properties. This may seem insignificant, but it provides a future upside if you need to sell homes in Long Beach.

Diversity

As the intro mentions, Long Beach is a big city with a small-town feel. Much of this comes from the wide variety of people and homes there. Even though Long Beach has a lively tourist presence, it doesn’t affect the residents. The combination of homes and neighborhoods in Long Beach allows investors to find properties desirable to many different types of people. Long Beach investment properties range from affordable studio apartments to single-family homes or luxury apartments. With a particular school district, ease of transportation combined with the high demand for rentals, Long Beach’s diversity of people and properties means there is always someone ready to move in. This means it's easier to find desirable tenants who live in your rental long-term, respect the property and cause little to no problems.

Growth Potential

Long Beach is steadily growing, which can only increase the need for rentals. With low vacancy rates, you shouldn’t find it challenging to find a high-quality tenant. You’ll be able to increase rent every year steadily, and often it won't be an issue due to how desirable it is to live in Long Beach. The value of homes has been increasing steadily over the years. This means that investors can expect to see the return on investment of their rentals increase over time.

Long Beach is a great city for anyone investing in rental properties. With so many opportunities to make income, having a reliable property manager is helpful. If you need help finding the right investment property for you or have any questions about what services we provide at Beach Cities Management, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How do Property Management Companies Differ from Rental Companies

getdustin@icloud.com (Dustin Edwards) — Tue, 23 May 2023 07:30:00 GMT

Being a landlord can be stressful at times. You need to be vigilant with your property to maintain or attract new tenants and avoid vacancies as best as possible, and you might still have to deal with crummy tenants.

Although many new landlords try to manage their properties independently, it can sometimes become overwhelming, especially if you’ve expanded your portfolio and have multiple Long Beach rental properties you have to manage.

For those who need a helping hand, there are a few different kinds of companies that can help. Today we’ll discuss the difference between a property management company and a rental company to help you decide which one is better suited for you.

Property Management Companies

A full-service property management company does exactly what it says in the box. Collect rent, vet tenants, deal with repairs, keep up with laws, take care of vacancies, and many more tasks. Naturally, there is an associated cost in using a property management company. Yet you should consider it an investment rather than a cost to your income. The best property management companies will demonstrate their value by helping you earn more. The phrase “time is money” comes to mind. For the cost of hiring a property management company, you can save yourself hours from having to visit the property to inspect it, deal with tradesmen, evictions, and general maintenance. With that time saved, you can better invest it in expanding your real estate portfolio or spend more time with family and friends. Property management companies also have many resources that can take an individual years to acquire, including qualified tradesmen and handymen, lawyers, and even lists of tenants screened and vetted to help you fill your vacancies with high-quality tenants. Everyone wants a great tenant that can reliably pay their rent and doesn’t cause you problems, and a property management company can help give you the best opportunity for that.

Rental Companies

A rental company is better suited for landlords who like to be more hands-on. While offering fewer services than a property management company provides, they are more affordable, and some sites allow you to list your property for free. While a property management company is hired to take care of your rental, enabling you to be hands-off, a rental company generally helps tenants find homes for rent. It's a way for you to allow potential tenants to see your property is for rent. Usually, you can upload images and a description of your rental property to help potential tenants to see your listing better. While most are just aggregate rental sites, some may offer background and credit checks for tenants, a separate email to conduct business, and some may offer to collect rent.

Both property management companies and rental companies are significant assets for landlords. However, the difference in what they can each provide differs significantly. For new landlords, or those who prefer to be hands-on, rental websites can offer a little help while they expand their portfolio to a point where they can justify the cost of using a property management company. At the same time, said property management company can provide various resources, albeit for a price. Whether you are a new landlord or an experienced investor looking for a hand when managing your Long Beach rental properties or have any questions about what services we provide at Beach Cities Management, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How an ADU Can Add a Rental Income to Your Long Beach Home

getdustin@icloud.com (Dustin Edwards) — Tue, 16 May 2023 19:00:00 GMT

An accessory dwelling unit (ADU) is the concept of adding or modifying a property that would be a single-family home to allow for an additional unit. Some homeowners build them to give friends or family a place to live. This is why ADUs are sometimes referred to as “granny flats or mother-in-law units.” ADUs can be a great introduction to becoming a landlord.

Below we’ll provide more information about ADUs and why they’re becoming more popular in real estate.

Different Kinds of ADUs

Suppose you have extra space in your backyard and are interested in building an ADU . In that case, a few variations exist, such as converting an existing garage, building above the garage, or building a separate structure. The most common form of ADU is the garage conversion. They typically already fall within the 800 sq ft or 50% of the primary residence (whichever is greater) size limits. While the majority of the structure is already built, which can economize the rest of the building. While more expensive upfront, building a separate structure allows you to take the build to its limits. This will enable you to configure the unit how you please, which can significantly affect the ADU rental income . Some cities allow building ADUs above garages. However, this is incredibly limiting and sometimes not allowed. Lakewood, for example, currently does not allow this. Although infrequent, the building code does allow for attic and basement ADUs.

Building an ADU

While you can configure an ADU to your liking when building it from the ground up, there are regulations you must follow. As previously stated, an ADU can’t be bigger than 800 sq ft unless the main house is big enough to accommodate the extra size. When you build, remember that a dedicated parking may be required unless you are within a half mile of public transportation. ADUs must be designed for long-term rentals, meaning you cannot list them on sites like Airbnb. Remember that an ADU is similar to a duplex because it's part of the property and can’t be sold separately. Depending on your city and county, there may be other regulations for building an ADU . It's best practice to find a reliable contractor and architect to help you with your build.

Buying a Home with an ADU

Because an ADU cannot be sold separately from the house, there are some property listings with ADUs built on the property already. While some listings may outright state an additional unit in the description, sometimes you’ll need to dig deeper to find them. Carefully read the report and look at the provided pictures not to miss them.

Potential ADU Rental Income

When you have an ADU, it's similar to having a duplex. You can live in one unit while renting out the other to increase your monthly income. There are many factors to consider when analyzing how much income an ADU can provide. Such as the location, size, configuration, and what, if any, amenities you’ll be providing to the tenant. For better context, you can search how much apartments and duplexes rent in your area. That being said, ADUs can reach an income of $2,000-$2,200 per month. If you also rent the main house, you could earn an additional $3,0000-$3,300+ monthly.

ADUs are incredibly useful structures, and if you want to dip your toes and become a new landlord, they’re a great way to start. Though if you feel like you may need help finding an architect to design your ADU or need help managing your ADU, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

How To List Your Rental Property With A Pool

getdustin@icloud.com (Dustin Edwards) — Sat, 06 May 2023 04:12:32 GMT

Listing your Long Beach rental property with a pool won’t be much different from listing without it. There are a few key elements. Primarily responsible for the maintenance of a poo l . While some landlords allow tenants to take care of the pool, many advise against it.

Below are a few tips on what to consider when listing a rental property with a pool.

List Your Rental Online

Like listing any property nowadays, you’ll reach a broader market online. Many young adults looking for rentals aren’t grabbing the local newspaper, flipping to the classified section, and highlighting places to look at. While having the traditional “For Rent” sign outside your rental allows people walking or driving by to know your property is for rent, most potential tenants are looking online. Knowing which website to list your rental is vital to cast the widest net. Websites such as Zillow, Trulia, Rent, and Facebook are great sites to list your rental.

Know How to Describe Your Rental

Let's say your rental is a two-bedroom, one-bathroom, single-family home with a pool. You won’t want to list it simply like that. Depending on the location, the listing can say something like “centrally located, modern home with in-ground pool,” which can be more eye-catching. Once your rental has intrigued someone, you need to use simple language that is easy to grasp, as most people looking at listings only skim through. You are making it easy to provide as much information as possible so that someone scanning your listing can get a full description. Make sure you avoid real estate terminology a potential tenant may not understand.

A Picture is Worth a Thousand Words

With this saying in mind, always take professional quality photos seriously. Suppose professional photos aren’t in the budget try using a tripod and camera instead of holding your phone. Use pictures to display the best aspects of each room prominently and show the areas mentioned in the description. Consider lighting conditions for photos of the pool, as sunlight can penetrate water differently. You can get a more dynamic picture by taking photos when the sun is at its brightest, usually around noon. Take as many photos as possible to help make your Long Beach rental stand out , ideally over twenty. This may seem like too many, but you’ll want to ensure all the aspects of the Long Beach rental are highlighted.

Know Your Market Audience

Your location can significantly change the approach you need to have with or without a pool. If your rental property is a larger home, it's unlikely young adults and students will inquire about your rental. Whereas if the property isn’t near a school, you’re likely to get fewer families looking at it. Most people looking for rentals are millennials between the ages of 26 and 42. Many of which are technologically savvy, they will be looking online via rental sights and social media. Many of which limit the amount of viewing they go to. While photos are great and essential, video tours and 360° images have gained popularity with this audience. They can better grasp what you are offering without having to visit the unit directly.

Many landlords choose to pay for pool maintenance after dealing with neglectful tenants. They put an addendum in the lease specifying the cost of pool maintenance. Keeping a pool up and running is cheaper than repairing it. If you need help listing your Long Beach Rental or looking for a reliable pool maintenance company, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .

Best Practices When Collecting Rent

getdustin@icloud.com (Dustin Edwards) — Wed, 03 May 2023 03:55:19 GMT

Every month your tenant needs to pay their rent. It's on you to ensure they have an easy way to pay it. Collecting rent can make you seem like the “bad guy” in the eyes of some tenants. Ensuring you provide the best way for them to pay their rent can complete the transaction far more accessible for them and more convenient for you.

Today we’ll review some of the best practices you can do when collecting rent from your tenants.

Picking it Up in Person

The simplest way to collect rent is to pick it up in person. It may seem inconvenient because you must set time aside from your schedule to pick it up at first glance. However, picking up the rent in person does have a few benefits. It allows you to see how the property’s exterior is doing. You can see firsthand any issues the parcel may be dealing with. Collecting rent in person can help tenants form a good habit of paying on time. This also opens up a channel of communication with your tenants. Having good communication with tenants is a great way for them to inform you directly of how your Long Beach rental property is doing. During your visit, you can also do simple maintenance in the building, such as inspecting the fire alarms, air filters, and lighting.

Send Payment Via Mail

Having tenants send money orders or checks through the mail is a tried and true way for tenants to pay rent. That being said, it's advised for you to set up a PO Box if you don’t want your tenant to know your address. While mailing in rent does work, paying rent is relatively slow. Although a tenant may send the rent off on the first of the month, you may not receive it for three to five days, which means that even though they’ve paid already, the old saying “checks in the mail“ begins to make more sense.

Paying Online

Giving tenants the most choices to pay rent is vital to ensuring they deliver it on time. Nowadays, everyone owns a computer or a smartphone, making paying and collecting rent incredibly easy and hassle-free. Save yourself a trip to the bank as well as your tenants. Online payments reduce the cash and checks you need to handle, which can cause some concerns. Online prices are incredibly accurate as they can be tracked in real time by the tenants and landlords. While convenient, paying online has a couple of negatives, namely the potential for fraud. Tenants must provide their financial information for online payment, which hackers can sometimes steal. Online prices may also include fees to use their system. These fees can quickly add up over time, which isn’t great when working with a small budget.

Collection Through Property Manager

One of the most critical services a property management company provides . As a new month begins, a good property management company should be able to collect rent from tenants using various methods such as paper checks, online payments, cash, or automated payments. If you decide to manage your rental property, keeping up with all the options can be daunting. Property management companies aren’t just “rent collectors'' they provide many services. Having a property manager comes with a cost, and you must decide if the benefits outway the price.

Every situation is different, and ensuring you receive rent consistently is critical to success. If you’re unsure of how to collect rent best or have more questions on the best practices, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

Top 5 Reasons To Have a HandyMan

getdustin@icloud.com (Dustin Edwards) — Wed, 26 Apr 2023 03:59:57 GMT

When discussing handymen, the old saying “a jack of all trades is a master of none” often gets thrown around by tradesmen. However, this isn't the complete saying: "A jack of all trades is a master of none, but frequently better than a master of one.”

For landlords having a handyman can be crucial in maximizing income from their Long Beach rental properties. Whether you are a new landlord or a seasoned investor, below are five reasons to have a handyman handy.

Handymen are Convenient

When you hire a handyman, you’ll gain the freedom of time, especially if there is direct communication between the handyman and the tenants. This can avoid altercations and arguments between yourself and your tenant. The handyman can deal with necessary maintenance and repairs without involving you in every step, simply providing a report of the repair at a later date. Handymen should have enough experience performing a wide assortment of jobs with more efficiency than perhaps you could give yourself.

Handymen are Affordable

Although many landlords don't mind doing the work themselves, thinking they’re saving money, time is money. When comparing the costs of a specialist, a handyman will cost you far less to perform more duties. A handyman is often enough to manage daily maintenance unless the job requires a large team of professionals. As a rule of thumb, a handyman can provide repairs and maintenance on any given day, but you should hire a specialist on a large project.

Personal Safety

Hiring a handyman’s services can help provide you with extra protection. The fact of the matter is some repairs are considered more dangerous than others, such as repairs done to the roof. Out of sheer experience, handymen are less likely to get injured when working in different areas of the properties, such as roofs, attics, or crawl spaces. And should have the experience to use otherwise dangerous tools safely.

Other than physical risk, a handyman can provide mental relief. As a professional, their work is likely to hold up for longer and risk fewer things going wrong with repairs. A handyman's work often guarantees their work, meaning if something goes wrong, they’ll return to repair at no cost to you.

Improve The Property Value

Handymen provide measurable efficiency to your Long Bach rental Properties maintenance. If all the systems woke appropriately and efficiently, it could make your rental look more desirable. If a tenant sees a property is well taken care of, they can safely assume this will continue after they move in. If the property looks like it’s in disrepair, it can push them to seek other options. A handyman can extend the life of the property’s core systems, appliances, exterior, and interior by reducing the rate of wear and tear to your property.

Gives you Freedom of Time

Doing repairs yourself can be gratifying for some, but is it worth it?

Once you’ve understood the value of your time, you’ll understand why a handyman can provide you with the most valuable thing: time. The time you spend doing maintenance or repairs could be better spent with family and friends. If you’re only starting your real estate career, having the time to invest in other properties, manage more extensive projects, or expand your portfolio can be crucial.

Having a handyman available for repairs is a smart decision. Suppose you're looking for a reliable and experienced handyman or need more information on what to look for when hiring a handyman. In that case, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

Most Common Maintenance Items for Pools

getdustin@icloud.com (Dustin Edwards) — Wed, 19 Apr 2023 08:54:20 GMT

As we leave the rainy season behind us, it's the perfect time to prepare your pool for fun activities; however, with a pool comes maintenance. In most single-family homes, tenants will often take care of the daily maintenance, such as checking the water levels, inspecting the filter, and cleaning out the pool skimmer baskets.

Pools can be a great asset , but maintenance is required. Though typically, landlords will hire a pool cleaning company for maintenance needs. Some may want to do it themselves or have their tenants manage pool maintenance.

Below we’ll review some of the maintenance items pools need to function for the rest of the year.

Chemical Levels

Generally, the chemicals in the pool should be checked two or three times weekly for the chlorine and alkalinity and monthly for calcium, Cyanuric Acid, and salt levels. Keeping your water chemistry consistent is one of the best ways to minimize wear and tear to the pool and its equipment.

Chlorine in pools helps kill germs and bacteria, resulting in people swimming, developing rashes, or getting sick. Chlorine also helps prevent the growth of algae. If the pool's alkalinity is off, it can irritate the swimmer’s eyes and turn the water green. When this happens, it can stain the pool finish and cause pool equipment to corrode.

While soft water is preferable in your home, in pools, you need a healthy amount of calcium. When calcium is low, the alkalinity levels become spoiled. This can result in the aforementioned damage to the pool equipment. Cyanuric Acid is needed to help reduce chlorine loss to the sun’s ultraviolet light. The salt in a pool functions as a natural antiseptic that can prevent algae and bacteria growth. Not having enough salt can make sanitization levels to drop and will likely result in an outbreak of algae.

General Cleaning

Every week there should be some cleaning done to the pool, inside and out. This includes removing leaf litter in the baskets, on the deck, and inside the pool. Letting the leaves collect within the water can throw off the pool's chemistry by lowering the pH, making the water more acidic. They can also over-tax chemicals like chlorine making you replace chlorine more often.

Even with perfect pool chemistry, you’ll have to deal with a scum line, usually right above the water line in the pool. This is typically caused by debris and non-water soluble materials such as oils, sunblock, cosmetics, and lotions. Unfortunately, it shouldn't be ignored as it can pose a health risk and be hazardous to swimmers.

Pool Vacuum

There are two types of pool vacuums, manual and automatic pool vacuums. Automatic pool vacuums work effectively when the pool is running and are an easy way to keep your pool free from debris. Typically automatic pool vacuums are run between two and six hours. Usually at night so when you wake up the pool should be clean. Manual pool vacuums are still handy. They often have more suction power than their automatic counterpart and are great for cleaning when you don't have hours for the automatic vacuum to do its thing. Although you should vacuum your pool whenever you see large amounts of debris, it's good practice to vacuum at least once a week.

Having a pool in Long Beach during the hot weather is a great commodity. If you’re looking for a property management company to help you manage your Long Beach rental with pools or need more information on reliable pool maintenance companies, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

Top 5 Ways To Make Your Long Beach Rental Stand Out

getdustin@icloud.com (Dustin Edwards) — Sat, 15 Apr 2023 04:52:15 GMT

As a landlord, you’ll have to deal with vacancies. The goal is to find a tenant before the vacancy affects your income. Fixing anything your previous tenant had damaged and repairing the property's wear and tear. The Long Beach rental property has fully functioning plumbing, electric, and heating/cooling systems.

Today we will review five tips to help your rental stand out against the competition.

Improve Curb Appeal

You only get one chance at a first impression, and your rental is no different. The property's exterior is the first thing your tenants will see. Whether it's in person or they’re browsing through images online. It's not uncommon for tenants to pass up rentals based on how the property looks from the outside. After all, in their mind, if the landlord isn't capable or willing to maintain the exterior of the property, what is the likelihood that the interior is any different?

Go Above and Beyond with Amenities

Once you’ve intrigued your potential tenant with how the outside of the rental looks, it's time to wow them with the amenities you can provide. Items such as a dishwasher, a washer and dryer, a microwave oven, and other appliances are a great start. Other items such as an outdoor patio, soundproof insulation, secure parking, and additional storage space, can make your Long Beach rental stand out.

Provide Amazing lighting

Lighting serves a few roles for rental properties. Adjustable lighting can attract and keep some of the best tenants. Good lighting can improve the enjoyment of the unit and mood. Outdoor lighting can make it easier for tenants to have social gatherings in the yard.

Market as Pet Friendly

Many landlords will eventually have to decide whether they should allow pets . Although it's ultimately up to you, by allowing pets, you’ll be able to reach far more potential tenants. Many young adults nowadays have a pet as a companion. Although there is an inherent risk in allowing tenants to bring pets, the last thing you want is for a tenant to keep one without permission, as this can potentially result in costs to repair the property and another vacancy period because you have to find a new tenant. If pets are allowed, you can adjust the rent, deposit, and lease to reflect the decision.

Use Professional Photos to Show Details

Although you can use cell phone photos to market your property, professional images can help your property stand out. Professional photos can showcase the potential of your rental. A professional photographer can capture many angles and address details one can miss. A bonus of professional photography is its ability to be reusable. While cell phones may now have better cameras than phones 10 years ago, professional photos will often have better quality regardless of time.

If you’re looking for a property management company to help you manage your Long Beach rental with pools or need more information about how pools can be an asset, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

Does Having a Pool Increase Your Rental Income?

getdustin@icloud.com (Dustin Edwards) — Thu, 13 Apr 2023 04:19:06 GMT

Whether it's to have fun with the kids or just to dip your toes on a hot day, having the option of a pool can help your tenants be happy during the heat. Long Beach has terrific weather most of the year, and with summer quickly approaching, a pool is a must-have commodity.

Below are a few ways a pool can be an asset and potentially increase your rental income.

Wonderful Amenity

Whether a communal pool in an apartment building or a backyard pool in a single-family home, it cannot be denied that a pool is an amenity for your tenants. Like many other amenities, it's not a requirement to find good tenants. However, a pool is unique as many tenants understand that there is an additional cost for the comfort and luxury of a pool. Having a pool allows you to significantly increase the amount charged for rent compared to homes without one. This does depend on how common pools are in the neighborhood. Though in Long Beach, they are generally sought after.

If you plan on building a brand-new pool, it's best to wait for your current tenants to move out, as there are many laws pertaining to how and when you can increase rent. Adding a pool during a vacancy period allows you to market your Long Beach rental property to more people willing to pay a higher rent.

Attracts High-Quality Tenants

Pools can provide a fun environment for families to spend quality time together. They usually attract tenants willing to pay extra for the commodity. Many times a pool can be used for exercising or relaxing as well. This typically attracts tenants who understand there will be a pool premium and are comfortable paying a little extra.

It's well understood that happy tenants are long-term tenants, and a pool can make that difference. Having a pool nearby can be great for your tenant’s physical and mental health. Happy tenants often treat your property better and rarely have issues paying the rent. Many times good tenants will have a positive relationship with their landlords. This can have an added bonus. Whenever it's time for them to move out, they may be able to either recommend another good tenant, or you’ll be able to ask for their testimonial when looking to fill their vacancy.

The Costs can be Offset

While you’ll likely have to pay for either a property with a pool upfront or to have one built, many of the costs can and should be reflected in the rent. This includes the pool itself, subsequent maintenance, and any additional insurance premiums associated with renting with a pool. This means that, in the long run, your tenants will end up paying for the pool. All the while, the value of your property goes up because pools are desirable in Long Beach.

For single-family homes with pools, you can have an addendum in the lease that requires the tenants to take care of the maintenance of the pool. This can help lower the overall rent to attract more tenants, though inspecting the pool regularly is recommended to ensure the tenants are doing their part.

Although a pool can increase your rental income, you must practice proper safety measures. This includes multiple prominently displayed signs with the rules for safe pool use. This can help prevent accidents, injuries and reduce your liability. Many people avoid renting homes with pools due to the perceived liability and costs, which couldn't be further from the truth. If you’re looking for a property management company to help you manage your Long Beach rental with pools or need more information about how pools can be an asset, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

What are the Top 5 Services a Property Management Company Offers

getdustin@icloud.com (Dustin Edwards) — Wed, 05 Apr 2023 02:35:55 GMT

Whether it's your first rental property or you have plenty of experience, sometimes you need help managing your Long Beach rental properties. It can feel like a daunting task for some though the benefits of a property management company cannot be understated.

Today we’ll review the top 5 services a great property management company offers.

Rent Collection

This is a no-brainer. However, it is still an incredibly important service that property management companies provide. A property management company should never be seen as just the “rent collector” by your tenants. Though when the first of the month comes around, your property management company should provide your tenants with various methods to pay rent , each with pros and cons. Paper checks, online payments, cash, or automated payments are the most common. Although there will probably be a preferred payment method for you, giving your tenants a few different options can greatly relieve some stress on their end.

Manage and Deal with Repairs

Property management companies have a duty to keep your Long Beach rental property well-maintained. Ideally, they should have scheduled general maintenance of the property. This is to keep the property functioning while maintaining curb appeal. When a tenant requests a repair, the request should be recorded, and the appropriate tradesmen should be sent to repair any issues as soon as possible. This will keep your tenant happy and make it easier for them to report any future issues. Remember that when problems arise in your rental, you need to know and repair them sooner. If problems are ignored, they can become far more expensive to fix, and in extreme cases, the property can be deemed uninhabitable, allowing your tenant to break their lease legally.

Tenant Application and Screenings

Great tenants are difficult to come by. Screening tenant applications is an important service property management companies should provide. This includes a multi-step application where the tenant must provide information about their income, rental history, and more. If you allow pets in your rental, there should be a separate pet screening . This may seem like many steps for new landlords, but it is incredibly useful in finding the ideal tenant.

Security Deposit Disposition

For many tenants and landlords, the talk of deposit disposition after a tenant moves out can be stressful. Tenants may feel they should be returned the whole deposit, while some landlords need help understanding the difference between normal wear and tear and property damage . The state has laws that dictate how landlords can use the security deposit and how it needs to be stored. A property management company can make this a much more straightforward process. Items such as discolored or worn-out carpet cannot be repaired using the security deposit, whereas pet stains or burn on the carpet can. Providing the tenant with an itemized security deposit form can help them to understand how and why the security deposit is being used and whether any remaining money needs to be returned to the tenant.

Client and Tenant Support

Providing client and tenant support is a necessary service for a property management company. Tenants should be able to contact the property manager whenever needed, and they should have a variety of ways to contact them, such as by telephone, email, text, or online. If a tenant feels as though they’re being ignored, it can affect your bottom line.

As their client, you should also be able to contact the property management company whenever you need assistance. They should also provide support through monthly reports and statements, filling vacancies, and marketing your Long Beach rental property.

Finding the right property management company can be difficult. If you feel like your current property management company is doing a poor job or you’re in the process of hiring a property manager for the first time, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

How to Deal with Unresponsive Property Managers?

getdustin@icloud.com (Dustin Edwards) — Fri, 31 Mar 2023 22:43:26 GMT

Your Long Beach rental property needs to be a consistent income. Suppose you begin to notice rent is behind schedule. In that case, maintenance expenses have exceeded the budget, and filling vacancies becomes more challenging. You may need to look into your property management company. Your property managers should be an asset, not a liability.

Below are a few key ways to deal with unresponsive property managers.

What to Look Out For

An unresponsive property management company can impact your monthly income. If you hire them to do a job, you should expect them to do it. Neglecting the rental property and its tenants may result in complaints directly to you. Mismanagement can lead to severe property damage. If not fixed within a reasonable time can give tenants the ability to break their lease.

Poor communication with a property manager can mean they’re trying to hide something from you. They should communicate with you about any maintenance updates and provide regular reports on your rentals.

Poor tenant quality is common when dealing with bad property managers. Although it's bound to happen even with good property managers, if your property management company is consistently acquiring bad tenants who either pay their rent late, require evictions, breach the lease agreement or cause unnecessary property damage regularly, it's likely that your property management company isn’t doing their best to vet your tenants.

File a Complaint

If you feel like your property manager’s attitude towards your business is inexcusable, try filing a complaint with the owner of the property management company. It's possible that a sub-par team member is managing your account, and you can be transferred to someone more desirable. In more extreme cases, you’ll have to register a complaint with the real estate association where the property manager holds their real estate license.

Find a New Property Manager

A property manager should give you the freedom of time to invest in other projects, your family, or yourself. If your current property management company cant fulfill its end of the bargain, it's time to find a new one. There may be some difficulties in letting your old company go. For this reason, it's common for some landlords to deal with their current situation, which is why most people don't switch property management companies . You’ll often have to deal with your current property manager’s cancellation policy if you cannot terminate your contract. Dealing with this is still preferable to remaining a customer of a company that doesn’t provide adequate service.

When looking for a new property manager, be sure to spend the time to research their policies, client reviews, and tenant reviews. You want to hire the best property management company to suit your needs, and that can take time. Be sure they are capable of everything they claim to do and they’re knowledgeable about the local laws and rules of the area where your rental property is located. Finally, make sure the tenant reviews of the new company are positive. After all, a tenant's opinion on a property management company can carry considerable weight.

Dealing with unresponsive property managers can be difficult and sour your relationship with other property management companies going forward. If you feel like your current property management company is doing a poor job or you’re in the process of finding a new property manager for your Long Beach rental, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

What Are Yearly Maintenance Items To Do For Your Rental Property

getdustin@icloud.com (Dustin Edwards) — Thu, 23 Mar 2023 22:26:44 GMT

Yearly Items To Inspect on Your Property

With spring around the corner and potentially the wettest year we’ve had in a long time, now is an excellent opportunity to look at once-a-year maintenance items you need to do for your Long Beach rental property.

Below is a list of items you should consider managing to ensure a happy tenant and a well-maintained property.

Rainwater Management

This winter has brought quite the storms in the last few months. If you have put off inspecting your rain gutters, roof, and drains, the longevity of your property needs to ensure the heavy rain didn’t cause significant damage. Leaks in your roof can compromise the overall structure, leading to mold and rot within the walls. Rain gutters should be cleaned out and fixed if any damage is present. A debris buildup or a leak can cause water to penetrate the walls and cause water damage. Water damage is one of the most common insurance claims in the country, and proper maintenance can help save an abundance of money in the long run.

Pest Control

Pest control is one of the most important precautions you can take yearly. Even if you currently don’t have a pest problem, preventative measures can help keep it that way. Insects and rodents are the most common infestations you would have to deal with, and just because you don't currently have a problem doesn't mean that the problem doesn't exist. Without proper precaution, one small pest problem can result in significant repairs. Rodents can cause damage to the rental’s wiring, flooring, and walls, while insect infestations can render your property uninhabitable until the problem is dealt with.

HVAC and A/C Maintenance

Southern California is often referred to as only having two seasons, winter and summer. For this reason, it's essential to ensure your tenants can remain cool once it gets warmer. HVAC and A/C can carry a significant expense for your tenants. Your tenant can become irritated if it’s running inefficiently or not cooling. Occasionally simply replacing the filters is enough to make sure things are working appropriately, as a dirty filter will cause the system to function poorly and eventually fail. We understand that a happy tenant is a loyal tenant. Keeping your tenants cool during the summer can significantly improve their experience living at your Long Beach rental.

Pool Maintenance

If your Long Beach rental has a pool, now is a great time to ensure it's clean and filtering correctly. Be sure to inspect and clean the water in preparation for the summer. Tenants can be in charge of pool maintenance, inspecting it yearly to ensure its functioning properly.

Observe any Breaches to the Lease Agreement

While inspecting your Long Beach rental property, be vigilant of activities that may breach your lease agreement. Ideally, a long-term tenant that respects your lease agreement is best. If it's time to renew their lease, be sure they have kept their side of the contract. If there have been violations, it's best to avoid having them for another year and risk further damage to your property.

Maintaining your rental property can significantly improve your bottom line. If you want a property manager to help with inspections and maintenance for your Long Beach rental, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

Top 3 Reasons Why Tenants Leave a Rental Property

getdustin@icloud.com (Dustin Edwards) — Thu, 16 Mar 2023 22:01:17 GMT

Tenants Can Leave But Was It Preventable?

Tenants move out, and sometimes there's nothing you can do to hold onto great tenants; however, sometimes there is something you can do about it. Vacancies in your Long Beach rentals can affect your bottom line in two ways. First is the lack of income from tenants, and the second is the cost of getting the empty unit back into a marketable condition to fill the vacancy.

It’s well known that keeping great long-term tenants is the ideal way to maintain a steady income stream. Below are the top 3 reasons why tenants move out and how to try to keep them.

Financial Reasons

One of the most common reasons tenants move out is money. Often this occurs after multiple rent increases that may make it difficult for them to afford your rental even if you’re doing everything by the books. Although adjusting the rent based on the market is a good idea, keep in mind that the money gained by increasing rent can easily be undone if it causes the tenant to move out.

If you have multiple units for rent, consider offering a cheaper team. Alternatively, you can opt to reduce their rent. Sometimes as little as $50.00 can be enough to convince a tenant to stay. This can be worth it in the long term, as you’ll spend more dealing with a vacant rental. You always have the option to re-adjust the rent.

The Apartment is too Small

A tenant may need to move due to needing more space. A couple getting married and having a child may require an additional room or bathroom. A tenant may want to invest in a dedicated office. You can keep that tenant if you have larger rentals.

In single-family homes with backyards, you can invest in prefabricated office pods, which can provide office space and typically don't require a city inspection before installation. If you have larger rental units, communicate with your tenant so that they can move into one of them. If tenants are happy with their landlords, they’ll usually prefer to stay working with them instead of moving out and dealing with a new, unknown landlord.

Maintenance Issues

Loyal tenants are known to put up with the occasional inconvenience, but once they reach their limit, it's unlikely there will be anything to fix that relationship. Constantly dealing with plumbing issues, roof leaks, electrical breakers turning off, or pest infestations can be aggravating. Taking too long to respond to maintenance requests can make a tenant feel like you don't care about your property, making them think you’re only here to collect rent. An excellent full-service property management company can help if you don’t have the necessary resources.

The solution is simply to stay on top of maintenance, fix issues before they become problems, and respond quickly to tenant requests. If an issue arises, dealing with the problem swiftly will usually keep tenants happy. Having multiple ways for tenants to ask for repairs can also help, such as a phone number to call or text and an email.

It's normal for tenants to move out. If there is no way for you to convince them to stay, consider asking them if they know anyone looking for a rental. Frequently good tenants will recommend other tenants with good habits. Preventing your tenants from moving out may seem overwhelming for some, but not impossible. If you need help retaining tenant occupancy, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

What Does it Mean to be the "Best" Property Management Company?

getdustin@icloud.com (Dustin Edwards) — Thu, 09 Mar 2023 21:55:36 GMT

Property Management Companies Can Vary In Quality

Managing multiple investment properties can become burdensome, especially when you own various locations subject to different rules and laws. Hiring a property management company can provide the necessary resources to take care of your property’s upkeep, and tenant occupancy allows your property to remain profitable.

Ideally, you’ll want to hire the “Best” property management company, though this can be subjective. Below are a few items to consider when looking for the “best” property management company.

Personalized Service

One of the best examples of a g ood property management company is how personalized its services are. Many companies will sell you service packages that only fulfill the minimum amount of work as described in their agreement. In contrast, the best property management companies will tailor their services to your needs. They should understand your availability and communicate accordingly. The communication style can be tailored to your needs through calls, texts, or emails. They should make you feel as though you are a priority client. Even if you’re new to real estate or are expanding your portfolio, you should feel important.

Occupancy

You should ask property management companies about essential items about occupancy. Questions like how long are your properties vacant or what is the average tenure of their tenants provide important information about the property management company. Vacancies can be a severe problem for owners, directly affecting their bottom line.

Great property management companies should be able to inspect, repair and fill vacancies efficiently and quickly. You should ask about the method they use to market the vacancy and their vetting process for new tenant applicants.

Value of the Rentals

Good property management companies should be able to disclose the average rent increase they get for the owners. Raising rent is one of the key ways to steadily increase your bottom line. You should ask about their average rent value and how they analyze yearly prices to ensure optimized income. This can be a difficult question for some companies to answer as they would require the resources to be able to know all the county and state laws involved with increasing rental prices. It’s well understood that California has some of the strictest laws when it comes to housing, many of which are designed to protect the tenants. A great way to see how the property management company approaches rent increases is by asking them to provide samples of their lease agreements.

Reputation

A company’s reputation can help you understand what you’re capable of. The internet is crucial when searching for the best property manager. Check reviews from other owners and tenants with which the property management company works. The last thing you want is to be sold to a company for the tenants to feel like all they do is collect rent and not fix anything.

Reviews can also highlight whether or not the company goes above and beyond for its clients. Do they have exemplary service while being cooperative? Do they ensure items get taken care of regularly without the need for your involvement?

The best property management company should feel like an investment on its own, giving you the freedom of time without worrying about whether or not your property is being taken care of properly. It's meant to let you enjoy your free time or invest your time in other projects, such as improving your portfolio.

Finding the best property management company to suit your needs can be difficult but not impossible. If you feel like Beach Cities Management is the right property management company for you, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

Top 5 Landlord Laws to Remember

getdustin@icloud.com (Dustin Edwards) — Thu, 02 Mar 2023 21:34:42 GMT

Laws Are Important to Remember When Having Tenants

California is well known for having some of the most strict laws regarding rental properties, and many are designed to protect the tenants. When renting properties, you must keep a few in mind to avoid legal headaches, especially if you decide to manage your properties.

Below are 5 of the top laws you should always remember when renting your property.

Rent Control

One of the most delicate laws regarding landlords, rent control is more than simply restricting how much you can charge for rent. Some of these laws are designed to restrict the conditions in which you can terminate month-to-month rental agreements and whether or not to renew leases. Generally, every city with rent control ordinances has vocal groups of tenants that monitor court decisions and proposed ballot amendments that may affect the ordinance. Ensuring you understand and follow the ever-changing landscape of rent control ordinances can be difficult. However, a full-service property management company can help keep track of these laws.

Security Deposit Laws

Some of the most significant disputes between tenants and landlords are disputes about security deposits. Many items, such as natural wear and tear versus property damage , can and cannot be included in the deposit. A tenant can't be found liable for paint fading in the rental, while unauthorized repainting or water damage from indoor plants can. Knowing deposit limits and providing tenants with an itemized security deposit can help avoid disputes. However, conflicts may still occur.

Tenant Rights to Withhold Rent in California

Tenants have the right to withhold rent from a landlord in California If the property conditions become inhabitable and the landlord has had reasonable time to repair the issue. This is where property management companies with plentiful resources can be helpful. Tenants can't normally withhold rent from the landlord for minor repairs, though alternative options exist to look for help.

California Termination and Eviction Rules

Laws in California are incredibly strict when it comes to landlords terminating a tenancy. Specific circumstances dictate when and how a landlord can begin the eviction process. Ignoring these legal rules can lead to potentially extensive delays in the process. Eviction processes can take up to 30 - 45 days, sometimes longer. Oftentimes the tenant has to do something to breach the lease agreement, which needs to be communicated to them. If they fail to fix the issue or move out, you can proceed through the courts to get them to move out.

California Rules About Landlords' Access to Property

Although you may own the property, there are many rights to privacy for your tenant. You may enter without prior notice in emergencies that threaten lives or property. Except for emergencies and court orders, nearly every other reason to enter requires at least 24hrs prior notice. Failure to follow these laws can result in the tenant being able to call law enforcement.

Required Landlord Disclosures in California.

Landlords are required to provide potential tenants with an extensive list of disclosures, though many of these are straightforward, such as the landlord's address, phone number, and full name. As well as disclosing the database of California’s registered sex offenders and information on bedbugs and how to report them. Certain disclosures are only required if they are relevant to the property, such as smoking policies, pest control notices, and potential flooding areas.

Many more laws need to be followed by tenants, and a management company to suit your needs can help you with resources you may not have on your own. If you feel like Beach Cities Management is the right property management company for you, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

Building an ADU is Like Building an Individual Apartment

getdustin@icloud.com (Dustin Edwards) — Wed, 01 Mar 2023 06:00:47 GMT

ADUs Should Be Considered A Small Separate Apartment

An accessory dwelling unit ( ADU ) is a versatile building you can have in your backyard. Some homeowners build it to make space for friends and family, while others enjoy having additional living space. An ADU provides passive income while living in the main house. You should see an increase in your home’s appraised value.

Today we’ll review a few elements when building your ADU, like an individual apartment you need to consider.

Site Plan

Once you’ve decided to build an ADU, how well does it fit within your property?

This can significantly change the amount you can charge for rent for the ADU. Items such as an individual parking space and a separate entrance for the ADU provides tenants with privacy. This can be difficult as there are going to be multiple structures sharing the lot. However, a simple trick is having the ADU’s entrance in a different orientation than the main building to not communicate a line of sight between the main building and the ADU’s entrance. This can often be enough to divide both buildings and give tenants a private entrance.

Attached and detached ADUs usually require one parking space. Some projects qualify for exemption from the parking requirements. For example, conversion ADUs and Junior ADUs don’t require parking.

Appliances

ADUs should be outfitted with new, modern appliances , and not the leftover ones from the main house.

Though it isn’t necessary to provide appliances when renting an ADU, renting an ADU with appliances is a great way to attract more interest from potential tenants. It's well established that the kitchen is one of the most important rooms tenants look at when looking for a place to rent. Appliances like a dishwasher, refrigerator, microwave, and stove can provide tenants with comfort. If you can provide a washer and dryer in the ADU, tenants will appreciate saving time by not having to go to the local laundromat. Good quality stainless steel appliances will not only look great for long periods of time and are easy to clean and sought after by tenants.

Materials

Think of an ADU like you’re building a house. Ideally, you should choose materials people want to see in their homes. Although spending more money building a rental may seem counterintuitive, the investment is well worth it. Hardwood floors and natural stone countertops like quartz or granite seem expensive for a rental. Though it has multiple benefits, not only will it help your rental stand out, stone countertops are durable, easy to clean, and rarely need to be repaired or replaced. It's an investment you need to worry about only once.

Hardwood floors are often desirable by tenants due to their ease of maintenance and are generally better for people with allergies. On the rare occasion that the floor suffers damage such as scratches or gouges, the fix can be done without replacing whole boards when compared to the cheaper alternative.

Good quality tile is an excellent choice for rooms like the kitchen and bathroom. Tile flooring is stain and moisture-resistant, easy to clean, and generally has a much longer lifespan when compared to vinyl or linoleum though the price will reflect this.

ADUs are an excellent way for homeowners to become landlords. If you need help managing your new ADU or need help deciding if you need a property management company, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

Questions you Might Have About Property Management Companies?

getdustin@icloud.com (Dustin Edwards) — Thu, 23 Feb 2023 05:46:02 GMT

The Importance of A Good Property Management Company

When looking for a property management company, it's natural to have questions to see if they are suited to your needs. Asking the right questions increases your chances of finding an efficient, reputable, and distinguished property management company. Below are a few questions you may have about property management companies before hiring them.

What Services Do They Provide?

The first question that comes to mind is what services do you provide as a property management company.

A full-service property management company should be able to provide all the services needed to give you peace of mind. This means providing monthly reports of maintenance or repairs, support for tenants and owners via email, phone, or online, year-end owner tax statements, collect rent, collections and eviction coordination. One of the most important questions you can ask before hiring a property management company.

Do Property Management Companies Find Tenants?

Finding good tenants can be a delicate process. It's well known in the industry that long-term tenants are highly sought after, as this can significantly improve your bottom line. It should not only be important to find tenants for your vacancies. However, a property management company should be able to find the best tenants available. This means having a screening process to make sure only the finest tenants are contacted. This means finding tenants who can pay on time, have no prior evictions, and have a clear history to be considered.

Do Landlords Call Prior Landlords?

Vetting references is important when looking for tenants. Landlords will collect rental references from interested tenants through the application process. Many landlords will want a comprehensive background check on the applicant's tenant. This will include calling the tenant’s references. Fake references will result in a rejection of the application.

Why Do Property Management Companies Get Terminated?

Terminating a property management company involves not providing the promised services or a breach of contract. Some owners aren't sure when it's time to switch property management companies . Entering into a property management agreement means the property management company represents the owner of the rental. The property management company becomes legally responsible for managing the property.

A bad company will be called a “rent collector” by the tenants. This usually means the property management company has poor response times and awful property maintenance practices. They generally lack knowledge of the local laws and ordinances and often lack the resources to provide vetted tenants and deal with legal litigation.

What Are The Signs of a Good Property Management Company?

There are many ways to see if you’re dealing with a quality property management company. However, there are some key elements to keep in mind. Professional relationships and good communication are important for both the tenants and the owners. Though having good relationships with tenants is important, maintaining professionalism is critical. Ensuring policies are in writing and well communicated to each tenant can eliminate miscommunication between tenants and landlords.

Low vacancy rates can distinguish a good property management company as well. Making sure the vacancies are filled with quality tenants is equally important. A vacancy rate of 3% is ideal and considered a healthy representation of the market balance between tenants and owners.

A good property management company will also have the resources to provide a complete proof leasing agreement and have legal knowledge of the area where the rental property resides.

A property management company should be a time saver and investment asset. Understanding what property management companies charge can help you decide whether or not you need one for yourself. If you need help finding the right property management company to hire or need help deciding if you need a property management company at all, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

A Luxury Rental, What Does That Mean?

getdustin@icloud.com (Dustin Edwards) — Tue, 14 Feb 2023 05:29:35 GMT

Luxury Comes In Many Ways

Suppose you are an experienced investor expanding your real estate portfolio or a new investor trying to figure out your way in the industry. In that case, you’ve undoubtedly come across a luxury investment property. However, luxury rentals can seem intimidating due to the initial investment needed.

Luxury rentals are a subset of the overall rental market. Luxury rentals are often exclusive properties with unique features, luxurious amenities, and premium materials located in a great neighborhood. Today we’ll go over a few aspects of what a luxury rental means.

Neighborhoods

Luxury rentals will typically only exist in specific neighborhoods. Long Beach, CA Neighborhoods include Naples, Belmont Shore, and Belmont Heights. These neighborhoods will often have a high standard of security.

The surrounding homes will often be modern, higher-end, or older, well-maintained historic homes. The roads and streets are regularly taken care of, and the community works together to keep their neighborhood safe and well-maintained, often through a homeowners association.

Condition of Property

To get rent consistent with a luxury property, the property has to be on trend. Whether it's a home or condominium, the property needs top-rate finishes such as granite, quartzite, and marble. Beautiful and well-kept flooring made of natural stone, exotic hardwood, and ceramic tile. The investment property should have little to no blemishes.

Though it cannot be seen, sound can affect the residents. While most condos have some soundproofing, the quietest is the best. Acoustic insulation and soundproof windows are a large part of the rental. Modern appliances such as Viking, Wolf, and Cove need to be included.

Amenities

Luxury rentals need to provide everything the tenant may need and then some. In luxury condominiums and apartments, tenants expect pet-friendly amenities, outdoor kitchens and dining areas, and EV charging stations. Some of the best luxury buildings have on-site staff to provide services to the residents, such as delivery personnel, dog walking, and valet parking.

In-unit amenities should include smart home systems to allow the tenant to control the rental through their phone. High-speed wireless internet throughout the property ensures your residents can stay connected while visiting the common areas or gym. This allows them to stream, download and work regardless of their location in the luxury rental.

Architecture

Although the tenant's preference determines the “ideal” luxury rental, many modern luxury buildings have unique architectural features, such as 400 W Ocean Blvd. Though it can also be a well-kept, beautiful historical building, a luxury rental should offer its residents a high standard of living. Elegant features such as common areas with natural walkways, poolside sundecks, and community gardens are often used to relax. While having coworking spaces, a fitness center, and a game room can be ideal for tenants with limited time.

Oceanside properties will often have an amazing view over the beach. Depending on the season, a fascinating view can be nearly impossible to put a price on. A view may not be important for every tenant, but for the tenants who are looking for one, it will be a must-have.

Buying a luxury rental shouldn’t be a daunting task. It’s a great investment opportunity with amazing ROI. If you need help finding the right luxury property to invest in or need help marketing your luxury rental, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

What Does an ADU Rent for?

getdustin@icloud.com (Dustin Edwards) — Thu, 09 Feb 2023 22:15:43 GMT

An ADU Can Be Rented Out

Do you own a house with an accessory dwelling unit (ADU)? Or are you planning on building an ADU on your property to rent it for additional income?

With the cost of living increasing, renting your ADU can help generate a steady income. However, figuring out how much to charge for rent can seem difficult to new landlords.

Below are a few tips and tricks to help you find the appropriate amount to rent your ADU for a while remaining competitive.

Location

Like any investment property, one of the critical factors determining what you can charge for an ADU is the location. The location will form the baseline of rental rates. Many tenants look for specific areas when looking for a rental. Desirable establishments such as schools, parks, shopping centers, and hospitals can significantly affect rent.

The neighborhood where the ADU is being rented may not affect the rent prices too much. Though, being located in a quiet, friendly community is a bonus.

Size and Configuration

Naturally, the size of the ADU will directly affect the rental costs, the larger the space for rent, the more you can charge for it, though the size isn’t everything. The configuration of the ADU can also affect the rent. For example, an 800 square foot single bedroom, single bathroom (1/1) ADU can be simple to build but difficult to maximize the amount you can charge. Whereas the same size living space configured as a 2/1 or 2/2 can not only be significantly more profitable, in many cases, it can reach a broader market due to being more desirable.

Amenities

Some of the first amenities asked for by tenants are access to a dishwasher, a washer, and a dryer. Being able to include these can help you find tenants. The more amenities you provide, the more rent you should expect. An updated kitchen with granite countertops and stainless steel appliances can be incredibly attractive to tenants.

Many tenants look to the outside as well as the inside of a rental space. Outdoor living areas, either private or shared, can let them go out for fresh air or enjoy the summer sun. Security features such as cameras, alarms, and security lights can provide a feeling of safety inside and outside of their home. Many tenants may also have pets. A flexible pet policy can expand the pool of tenants looking for pet-friendly rentals. Though allowing pets can be risky as they can cause some damage to the property, this is often circumvented by having specific pet-related addendums on the lease.

Compare Locally

The most straightforward way to understand how much you can charge for your ADU is by comparing similar rentals in your area. If you need more information on how much you can charge, a local property management company can help you price your rental.

Pricing your rental doesn’t need to be complicated. Renting your ADU should relieve financial stress, not cause more. If you are looking for a property management company local to Long Beach, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

Why You Want a Local Long Beach Property Management Company

getdustin@icloud.com (Dustin Edwards) — Thu, 02 Feb 2023 21:50:45 GMT

It's Important to Consider Local Property Management Companies

There are many viable options for property management companies. Some may be able to manage your investment properties remotely. However, there is an inherent benefit to hiring a property management company local to where your investment property is located.

Today we'll talk about why you want a local company and the benefits of having a company based out of Long Beach, CA, versus a company that isn’t regional.

Fast Response

The most notable answer is the ability to respond quickly to any tenant request. If the company managing your Long Beach investment property is from the area, something as simple as a tenant locks themselves out or losing their keys can be resolved in minutes. In comparison, this ordeal can take hours depending on traffic for companies in Los Angeles, for example.

It's well understood that keeping long-term tenants is one of the best ways to maximize income. A simple way to keep tenants happy is to respond quickly to their needs and requests. This makes tenants feel that they are important and respected.

Local Laws

Southern California has some of the most strict laws that protect tenants, and it is required for any property management company to be aware of those laws to protect you. Having a local company to address your rentals helps focus on laws that affect Long Beach specifically.

A regional property management company is more likely to have first-hand experience and knowledge about local laws, including how and when you’re allowed to raise the rent , how to proceed if a tenant stops paying their rent , and other time-consuming legal issues that may arise.

Knowledge of the Area

Companies that do not work within the area of the rental may not understand the needs of the tenants in those locations. For example, although the weather is comparable amongst the counties in southern California, Long Beach, on average, has hotter summers than Santa Monica. Knowing the needs of your tenants is necessary to keep them long-term.

It is also helpful to know the area when trying to show vacant units to potential tenants, as a local company is more likely to be able to answer questions regarding the location, such as schools, parks, and shopping centers. Although this information can be looked up online by anyone, being able to answer these questions outright projects a sense of being part of the community.

Local Maintenance

A local property management company can have a local team of maintenance professionals. This allows them to be aware of the nuances of buildings in the area. Every county has its own building code. Even if a maintenance worker has excellent references from out of town, they may need to be fully aware of the distinctions between a beach city and Los Angeles.

Maintaining the curb appeal of your property is important when trying to fill vacancies. Local tradesmen may already understand what your property requires to maintain its look and care for its native plants.

Finding an excellent full-service property management company close to your investment property doesn’t have to be daunting. In fact, they should provide you with freedom and peace of mind. If you are looking for a property management company local to Long Beach, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

Raising Rent is All About Consistency

getdustin@icloud.com (Dustin Edwards) — Tue, 31 Jan 2023 21:11:39 GMT

Timing is Important When Raising Rent

Many tenants find rent increases frustrating, so many new landlords want to avoid confrontation. Even landlords with experience can find it hard to tell a tenant it’s time to raise their rent. This is a challenging and tactical concept an investment property owner must face.

Although vacancies and tenant turnover can cost you money, failing to increase rent to offset the costs of maintaining the property can affect your bottom line. Consistency is critical when increasing rent prices. Below is a list of items you should be consistent with, which can make raising rent easier for you and your tenant.

You are a Business First

Although you may have a great relationship with your tenants, keep in mind that you are ultimately running a business. Knowing the financial state of your Long Beach rental properties can help you understand when it's time to adjust the rent. As time passes, the costs of being an investment property owner increases. As an example, maintenance and taxes may increase every year. You'll be taking an overall pay cut, even if by a small amount, if not offset by the incoming rent. If you avoid increasing the rent, it can make it difficult for you to remain in business, as there are caps on rental increases. This can make it difficult to recover financially from bad years.

Understand Laws

California has some of the most strict laws protecting tenants. These laws are constantly changing. Knowing the dos and Don’ts of raising rent is required to avoid unnecessary headaches. Owners often hire a lawyer or property management company with resources.

Communication

Communicating verbally or through writing about upcoming changes can make it easier to convey that there will be an increase in the rent. Suppose you’re concerned about losing a tenant due to the rent increase. Attempt to inform them casually or informally. Let them know that you value them as tenants and wish them to continue living there. However, there will be an upcoming increase in the rent. This is not meant to be a time to negotiate with the tenant, though you should do your due diligence and research to remain fair and unbiased.

Follow up by sending a formal letter via certified mail. Certified mail will provide a confirmation date that the tenant has received notice. The owners must provide tenants with a 30-day notice for rent increases in any twelve months or 60 days if the owners increase their rent more than once per year. Keep in mind that mail travels slowly.

Rent Increase Clause in Lease

Having potential increases in writing mitigates the surprise of unexpected rent raises. When a tenant signs the lease, be sure they understand that you raise rent yearly. This way, they know from the beginning about the practice and are aware of the situation. Consistently raising rent by even small percentages can make it easier for tenants to accept the raises. This can keep your income strong while maintaining great tenants.

Increasing your tenant’s rent can be stressful. Many tenants take it as a personal attack, especially when they don't expect it. If you need help finding the right words to say to your tenant or need additional help to increase your tenant’s rent, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

New Year, New Rent, How to Stay on Top of Increasing Your Rental Income

getdustin@icloud.com (Dustin Edwards) — Thu, 26 Jan 2023 04:20:30 GMT

Raising Your Rental Income in 2023

It’s the new year, which means many homeowners are looking for ways to make the most of their rental income. By increasing your rental income, you also help improve your investment’s return and make a steady income stream. Here are some tips to help you start increasing your rental income.

Raise Your Rent

The easiest way to increase your rental income is to raise your rent. But you may need to do a little research first, so you don’t price yourself out of the market. Research the going rent for similar properties in your area and adjust your rates to be competitive but higher than what you had originally. Also, make sure you have a good reason for the rent increase, such as increased maintenance costs or upgrades to the property. Otherwise, raising rent without any added benefits may drive your tenants out.

Offer Long-Term Leases

Offering long-term leases is another great way to increase your rental income. This will give you the security of knowing that you have a steady stream of income for the length of the lease. Also, tenants like long-term leases because it gives them peace of mind that their rent won’t change during that time. You can often charge more rent for long-term leases since it’s technically a discounted rate.

Offer Extra Services

You can increase your rental income by offering extra services. For example, you could offer property management or laundry services for an additional fee. This allows tenants to have these services taken care of their property without leaving their property. Sometimes convenience is something people pay a little more for.

Upgrade Your Property

Upgrading your property is another great way to increase your rental income. Investing in new appliances or energy-efficient windows can make your property more attractive to potential tenants. You can also add amenities like a pool, fitness center, or free wifi to draw in more renters.

Increase Your Marketing Efforts

Make sure your property is listed on rental websites, and keep your listings up to date with photos and descriptions of your property. Consider adding discounts for potential tenants to help bring them in to view the property and apply. You can even offer a discount for tenants who pay their rent on time or provide a bonus for those who sign a longer lease.

By following these tips, you can increase your rental income and get the most out of your investment. With a little effort, you can maximize your rental income and secure a steady income stream.

Let Beach Cities Property Management take care of all of your rental property needs. We can look at the current market values and future rental growth and be your property management company. If you’re interested, call us at (562) 888-0247 or complete our free rental analysis to see what your rental could yield today.

Is a rental home in Long Beach a good investment?

getdustin@icloud.com (Dustin Edwards) — Tue, 17 Jan 2023 03:52:52 GMT

Long Beach Rental Properties Will Grow

Rental homes in Long Beach, California, are an excellent investment option if you’re looking for a good return on your capital. Long Beach is located in the heart of Los Angeles County and sits close to the Pacific Ocean and beaches. With its proximity to Los Angeles, Long Beach is an attractive option for investors looking for good returns on rental properties.

Long-Term Growth

One of the best aspects of investing in rental homes in Long Beach is the potential for long-term growth. Long Beach is a rapidly growing city with a sprawling population and economy. This means that rental home values in Long Beach are likely to increase over time, providing you with steady growth on your investment.

As the growth in Long Beach continues, the demand for rentals will also increase. An increasing population will continue to demand properties to rent, and typically a good renter will stay in a property for a long time.

Evolving Property Laws

Long Beach is also an excellent place for rental homes because of the evolving nature of its property laws. As the population of Long Beach and Southern California continues to grow, the way properties are allowed to be developed also changes.

Depending on your current property or if you’re planning on purchasing a rental property, your residential code can determine how much growth you can see with your initial purchase.

Single-family residential homes can build an accessory dwelling unit (ADU) that’s detached and can be used as an additional rental unit. In certain areas of Long Beach, an ADU can be built in a duplex or triplex. The evolving landscape of Long Beach means your rental property has an opportunity to grow.

Complexity and Growth of Long Beach

Long Beach is one of the most diverse beach cities in Southern California. It houses all properties, from beachfront and single-family homes to mix-used and commercial properties. Diversity helps drive the growth of Long Beach. A single type of property that dominates a city can hinder its value. Still, a city that houses industrial complexes, office spaces, and multi-family homes have a growth path.

If you are considering buying a property, growing yours, or need management for your rental property, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

Long Beach Rental Listings: What Should They Look Like?

getdustin@icloud.com (Dustin Edwards) — Fri, 13 Jan 2023 04:51:46 GMT

The Way To Show Off Your Rental Listing

As a property manager or landlord, creating property rental listings are a normal part of the job. But when you’re marketing your rental property, a quality listing can play a key role in the success of the rental and in attracting potential renters. A great listing can even influence how much a renter is willing to pay. Whether you’re writing your first listing ever or your 100th listing, here are some tips you can use to maximize potential inquiries.

Use Great Photos

Good photos of your property can be a great way to attract future tenants and help you stand out in a competitive market. In an ideal situation, you should hire a professional photographer to take pictures of your rental. Such professionals understand how lighting, staging, and color combinations can make a normal room look outstanding.

If you’re working with a budget, you can also take good photos yourself. All you need is a digital camera but a smartphone with a modern camera will also do the job. You should also have a tripod to keep the camera steady and avoid blurriness. Investing in this equipment will be a great idea if you have other rental properties you want to list as well.

Always take photos during the day and use natural light whenever possible. Be sure to get a variety of angles and shots, including close-ups and wide-angle shots. Make sure to remove any clutter, add some colorful throw pillows or decorations, and use a few pieces of art to add a touch of personality to the room.

Be Detailed

To write a good rental listing, first, identify the features that make your unit unique and will intrigue potential renters. This includes features such as nearby public transportation, grocery stores, schools, and parks. Also mention any upgrades or renovations that you’ve made to the property, such as new appliances, updated bathrooms, and so on.

It’s important to be as honest as possible and provide accurate information. If the unit is not in the best condition or has certain restrictions or limitations, honesty is the best policy. Potential renters will appreciate the transparency and it will help establish a good relationship between landlord and renter.

Highlight the Strengths

Always make sure to highlight the strengths of the rental. This could include the size of the unit, the quality of the appliances, or any other amenities included in the unit. Make sure to always mention the positives and provide specific details about the features that make the rental unique. When taking photos of each room, make sure to include any interesting features like fireplaces, built-in shelving, or large windows.

The final step is to provide any additional information about the property that may be important for potential renters. This could include information about pet policies, parking availability, or any other features that could be a deciding factor for a potential tenant. Once these three elements are covered, your description of the rental's unique properties should be complete.

Rental Requirements

A rental listing should clearly state what kind of tenant the landlord is looking for. This should include the renter's credit score and background check requirements, income level, and any other special requirements that the landlord may have. Also, make sure to list any restrictions on pets, smoking, and other activities that may be prohibited in the rental unit. When possible, outline the rental terms such as the monthly rent, security deposit, and any other fees that may be charged.

Call to Action

The purpose of a listing is to get people to come by and see it, or to make inquiries to you. Always end your listing with detailed information on how to contact you, how to tour the unit, and how to apply for it. You can even include an application attachment and email address for where they should forward their information to you.

You want your listing to be a mix of information a tenant will want, but you also want your listing to inspire curiosity. Make it attractive and write about it in an honest but exciting way. This will help future tenants envision themselves living at the rental, and hopefully reach out for a tour.

If you are considering listing your Long Beach rental property and need some help, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

Pros and Cons of Different Rent Collection Methods

getdustin@icloud.com (Dustin Edwards) — Wed, 11 Jan 2023 04:33:39 GMT

Rent Collection Methods Have Positives and Negatives

When the first day of the month rolls around, it’s time to collect rent. Whether it’s your first time collecting rent, or if you are interested in changing how you collect rent, there are many methods you can choose from. Read on to discover the pros and cons of these rent collection methods.

Paper Checks

Paper checks are a great choice because they are secure, reliable, and convenient for you and the tenant. Check payments are made directly from the tenant to you and provide a physical record of the payment. Checks also remove a third party from being involved in the transaction, which will help you avoid unwanted fees.

One of the biggest drawbacks to collecting rent by checks is the time it takes to process each check. Processing a paper check requires several steps, which can be time-consuming and costly. Also, paper checks carry a risk of being bounced, which can incur additional fees for you. Like cash payments, checks can easily be lost or stolen.

Online Payments

The major positive of online payment for rent collection is convenience. Tenants can pay rent quickly and easily online with just a few clicks. This saves time, energy, and money that would otherwise be wasted on having to mail or deliver the rent check in person. Online payments also eliminate the need to keep large amounts of cash and checks on hand, which can be a security risk.

Online payments are also accurate, can be tracked in real-time and tenants can be notified when their rent has been received. This eliminates the need for you to manually check for payment accuracy, such as if the amount paid is correct.

One of the cons of collecting rent by online payment is its potential for fraud. In an online payment system, tenants must provide their financial information which is vulnerable to being hacked or stolen. Also, you may have to pay fees for an online payment system, which will add up over time. If you’re on a tight budget, these fees are less than ideal.

Automated Payment

Automated payment systems, such as Zelle or Venmo, make it easy to collect rent every month without having to manually process payments. You can set up the system to collect rent on the same day of each month and tenants can set up their payments just once so that their rent is paid on time. Automated payments also provide you with clear records that can be used for tax purposes or in the event of a dispute with a tenant.

One of the drawbacks of automated rent payment is the lack of flexibility it provides to tenants. Some tenants may not have access to a payment system that allows for automated payments.

Cash Payments

One of the biggest pros of cash payments is the ability to track and keep your own records. When tenants pay you in cash, you can easily store the money anywhere you like and keep track of who has made payments. Also, collecting rent by cash removes the possibility of bounced checks or other issues that can arise with other forms of payment. It also eliminates the need to pay any processing fees and provides you with immediate access to the money.

The main risk of collecting rent in cash is the possibility of theft or loss. Cash offers no safeguards for you if the tenant doesn’t make a payment, as there is no record of the transaction. Cash is also much more difficult to track than other forms of payment, such as checks or electronic transfers. Another con of collecting rent by cash is the potential for accepting counterfeit bills, which can result in a loss for you if you don’t catch it in time.

Conclusion

Ultimately, the best rent collection method for your property will depend on your specific needs and preferences. If you’re looking for a fast and secure method, then online payments might be the best option. If you’re looking for an automated system that requires less in-person contact, then automated rent payments might be the best choice. If you have more questions about what may be the best way to collect rent, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

5 Uncommon Calls that a Property Manager Handles

getdustin@icloud.com (Dustin Edwards) — Wed, 28 Dec 2022 05:28:16 GMT

Property Managers Handle All Kinds of Calls

Property management companies often handle calls from tenants involving getting locked out or needing a repair to be made. Occasionally tenants can call asking for something a little different.

Below are 5 uncommon calls that property managers handle.

Exotic Pet Requests

For the majority of tenants, wanting to keep a pet is normal. A cat, dog, or goldfish is incredibly common to be allowed in rentals nowadays. This keeps tenants happy, which in turn leads them to stay at your Long Beach rental property for a more extended period

What if your tenant has crazy pet requests?

Exotic pets can be as tame as a guinea pig, hamster, or rabbit, which can seem relatively unremarkable even though they are tagged as “exotic” pets. However, this can also include reptiles, birds, and large aquariums. Many landlords may feel uneasy about having animals that require live insects as food due to the potential for pest problems in the future. Birds, although smart, can be loud and bother neighbors, especially if the tenant shares a wall. Large aquariums run a risk of leaking and causing water damage to the walls, floor, and carpet. For this reason, many landlords reject renting their properties to tenants with exotic pets.

If you can justify the risks and allow exotic pets, it needs to be specified in your lease agreement. A detailed policy on exotic pets must be understandable for the tenant and yourself. The policy should cover cleaning messes. Limits on the pet relate to the number of pets, breed, and weight—a complete veterinary record disclosing disease prevention and vaccination requirements. If possible, a written reference from the previous landlord as to the behavior of the pet. As well as an increase to the security deposit in case the pet causes additional damage.

Wanting to Change the Locks

If a tenant asks to change the rental property's locks, there may be something else wrong, as this is an unusual request. Though it’s probably in everyone's best interest to change them, as this gives them a reason to trust you, and you can avoid them changing the locks anyway. As unfortunate as it may sound, in California, if a tenant decides to change their locks, they can, even if stated otherwise on the lease agreement. Worse, they don’t need to provide you with a spare key. However, you can file an unlawful detainer action against your tenants if this occurs.

Wanting to do Paint Walls

Some tenants feel the need to make a rental feel unique to them. They may request permission to paint interior walls. Although this may seem innocuous, especially if they are willing to pay for the material and labor, it may cost you. It's no secret that tenants aren’t always very handy. If you allow a tenant to paint interior walls, you risk a poor job being done, meaning you’ll have to spend more time and money repainting it after they leave. Many landlords may outright reject this request or have the tenants pay for a professional job to paint it the color of their choosing and pay to paint it back to the original color after the lease has ended.

Install Security Cameras

Depending on the lease agreement, they may not even need permission if no damage is done to the walls. Many modern security cameras are wireless and rechargeable. The issue arises if they want to place cameras outside the rental where there are guidelines and privacy concerns.

For outdoor cameras, they will have to be mindful of where the cameras are pointing and turn off microphone features so as not to record neighbors if they choose to install a video doorbell.

Wanting to Change Fixtures

Your tenant may need more light in a room or a quieter fan if they work from home. They may request to be allowed to change their fixtures. Generally, landlords will deny this request as often a professional is required to do the work safely.

What if the tenant is willing to pay to get the change?

Like painting the walls, if you allow them to replace fixtures, it's best practice to make sure they change them back before moving out. To keep the rental in its original form.

Property management companies are meant to deal with your tenant's calls. If your tenant has an unusual request or wants more details about our services, consider calling us at (562) 888-0247 or fill out our free rental analysis to see what your rental could yield today.

Do I Need a Property Management Company?

getdustin@icloud.com (Dustin Edwards) — Wed, 21 Dec 2022 05:10:46 GMT

How A Property Management Company Helps You

It's common for this question to come up, especially for new landlords. To save money, new property investors may manage their properties themselves. Occasionally this works out for them, but it depends on the individual and their goals.

Today we’ll go over why having a property management company can be an asset to your bottom line.

When should you Hire a Property Management Company?

Although it would be ideal to hire a property management company as soon as you’re ready to rent out a rental property, not everybody is in a position to be able to do so. If you cannot afford a quality property management company, you may need to economize before investing in one.

Many times if you only own a single-family home and live near your rental property, it’s not too difficult to make a trip and see what the tenant may need. However, if you have lots of properties or many units, more time will be required to manage them all.

How Much Do You Value Your Time?

It's common for landlords that enjoy being hands-on to manage their property. This will ensure everything is to their specifications and quality control. But time is a resource we often need more of in a day. Time is money, and the time you allot to managing your property is time you could otherwise spend growing your own business, expanding your real estate portfolio, or spending more time with friends and family.

Managing a rental property takes time, from deposing the collected rent to finding a tradesman to repair your rental after a tenant moves out. If you realize at some point, you need more time to manage your rental. You’ll likely not be able to maximize your profits. A property management company may feel like an investment of money, but more so, it's a way to allocate more time to your day.

How Many Resources Do You Have?

Owning an investment property will require more than collecting the tenant’s rent. There is always maintenance to perform, and even if you, yourself, are handy, there will come a time when you’ll need to be able to find high-quality tradesmen. A high-quality property management company will have plumbers, painters, electricians, and gardeners ready quickly. Finding reliable tradesmen to deal with maintenance and repairs is difficult.

Depending on the time of year, unless you’re first in line, there will likely be a delay before the tradesmen arrive.

With delays comes more time that a rental will remain vacant. A property management company can also help fill in vacancies after repairs and maintenance. High-quality property management companies can put your rental into the most popular rental site, and often they’ll have a list of screened tenants waiting for availability.

Many landlords hate to think about it, but it's invaluable to have someone who knows your county and state laws. California has some of the most strict landlord-tenant rules. A property management company will have the resources to handle evictions, collections, and security deposit disposition.

Deciding on whether or not you need to hire a property management company can feel overwhelming at first. But once you realize the freedom, it can provide you. You won't be disappointed. If you are interested in Beach City Management as your property management company or would like more details about our services, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

What is Normal Wear and Tear vs. Property Damage?

getdustin@icloud.com (Dustin Edwards) — Fri, 16 Dec 2022 04:31:30 GMT

What Is The Difference?

Security deposit can vary from rental to rental, but it’s meant to be used to cover any property damage done by your tenant. Although the rules for security deposit can differ depending on your lease agreement in conjunction with local laws the security deposit should be returned to the tenant if the Long Beach rental residence was left looking great.

What is considered normal wear and tear? What determines property damage?

It's important to understand the difference as many tenants may consider legal action if they feel they are being wronged. Join me as we go through the differences between normal wear and tear vs property damage.

What is Considered Normal Wear and Tear

General wear and tear is expected to occur in any rental. So long as the tenant is not being negligent, or careless with the rental property deterioration of the property is expected. Especially when a long term tenant is moving out, if they have lived in your rental property for years there should be more wear and tear compared to a short term tenant. Common examples of normal wear and tear are fading paint on the walls due to age or the sun, or wear patterns on the carpet where it's commonly walked on.

What is Considered Property Damage

Unlike what is considered normal wear and tear, property damage is typically caused by the tenant’s negligence, or abuse of the property. This will often cost additional time and money to prepare the residence for the next tenant. While normal wear and tear cannot be deducted from the security deposit, property damage caused to the rental is the tenant's responsibility. It's recommended you hire a professional to give an estimate on the repairs before deciding on a price. Examples of property damage can include broken windows and window screens or large holes in doors and walls.

Normal Wear and Tear v.s. Property Damage

It may not seem obvious to landlords whether their rental property has suffered property damage or normal wear and tear. To help get a better judgment, below is a chart of what would be considered normal wear and tear and what the tenant may be liable for.

Depending on the lease agreement there may be more items your tenant may be liable for, however, this needs to be disclosed prior to signing a contract.

When a tenant moves out while leaving the residence in good shape it's always a good idea to ask them if they have friends or family currently looking for a new rental property. They are likely to refer to tenants with similar qualities. This can reduce vacancy periods and give a higher likelihood of producing another high-quality tenant.

If you are still unsure as to what would be considered property damage or natural wear and tear and would like more details about our services, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

What Tenants Look for When Renting a Property

getdustin@icloud.com (Dustin Edwards) — Wed, 14 Dec 2022 04:09:03 GMT

Tenants Look For These Items When Searching For A Rental Property

Most landlords understand what makes a good tenant. Someone who pays rent on time is respectful and communicative and will live in their Long Beach rental property long term. Quality tenants are difficult to come by as there is heavy competition to retain them.

How do you attract tenants to your property, and what do they look for when exploring the market?

Below are a few tips and tricks you can do to make your rental property more appealing to potential tenants.

Quality Photos

For a tenant to be interested in your rental property, they need to be able to judge it. Professional images should help the tenant see as much as possible and visualize living there. Listing without pictures rarely interests tenants, while high-quality, well-lit photos can give tenants a virtual tour of the property. Focusing on strengths is ideal, but you don’t want to hide imperfections.

Maintenance

If a tenant has decided to schedule a viewing of the rental property, repairs and maintenance must be done. If the property is in poor condition, many tenants will assume that this is how it is treated, and they should treat it as such. Repairs or maintenance of a unit once a tenant has moved in can be disruptive and alienate good tenants. First impressions are essential; you don't want to give your potential tenants the wrong one.

Condition of the Property

Aside from general maintenance, the property's overall condition is important for tenants. An older home may feel cozy, but will often mean that repairs to the core systems may be common. Tenants tend to avoid older properties for this reason. If the core systems are new, you can attract quality tenants.

Communication and Cooperation

Landlords and tenants should be respectful and courteous in a perfect world. Unfortunately, many tenants see landlords or property management companies as “rent collectors.” To entice quality tenants, they need to feel that you or your property manager are easily reachable and easy to communicate with. Answer all their questions and set the expectation that you follow through with promises. A good tenant will expect mutual respect and hold their end of the bargain so long as you keep your word. They will likely be searching for a new home if you don't meet their expectations.

Reputation

One of the most valuable forms of marketing is word of mouth. The majority of consumers use reviews and recommendations to help make their decision. Promote positive renter testimonials on your website, listings, and even a few sentences. Tenants with recent positive experiences such as quick repairs, events, or receiving a tenant appreciation reward are best used for these testimonials. The better you and your property managers are, the more likely a tenant will be attracted.

Referral programs are a great way to encourage current tenants to attract their friends or family to your rental property. A good tenant will likely refer to other good tenants, and rewarding them with discounts on rent, gift cards, or cash can set up a constant flow of quality referrals all year.

Finding high-quality and respectful tenants doesn’t have to be complicated. Show them you and your home are as excellent as they are, and finding good, long-term tenants shouldn’t be an issue. If you need help setting up advertisements for your rental or would like more details about our services, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

What is Entailed in Property Management?

getdustin@icloud.com (Dustin Edwards) — Fri, 09 Dec 2022 02:55:47 GMT

What Should You Expect From Property Management

Whether you’re an experienced investor or only recently began expanding your real estate portfolio, you’ve no doubt heard about property management companies.

What does a property management company do for you, though?

A full-service property management company should be seen as an asset and not an expense. Ideally, a property management company will allow you to pursue other ventures and ultimately increase your bottom line.

How is this done?

Join me as we explore what a property management company provides.

Collect Rent

Collecting rent is arguably the most commonly used service among all property management companies. To begin collecting rent, a property management company will also develop lease agreements which should always include the most recent laws and regulations. It can be a headache dealing with California’s housing laws, and a property management company can help avoid any unwanted legal issues. Most property management companies are often better prepared to deal with local laws than landlords.

Communication with Tenants

Communicating well with tenants is one of the best ways to keep them happy. A happy tenant is more likely to live in your Long Beach rental property for long periods. Communicating with tenants about upcoming maintenance, rent adjustments, or other events helps the relationship between tenants and landlords be more positive. This, in turn, will give your tenants the confidence to bring up any issues they may see in the property.

Property management companies should be seen as more than just “rent collectors.” Granted, collecting rent is an important responsibility, but a property management company should also be able to handle maintenance requests, tenant complaints, late payments, evictions, security deposit dispositions, and more.

Maintenance

Property managers should be able to handle general maintenance and repair requests from tenants. When there is a slow response to requests, many tenants will feel undesirable, which can lead them to move out. Maintenance requests can range from fixing appliances, repairing the core systems of the house, or eliminating pests.

The property management company must keep your rental property looking fantastic year-round. This includes cleaning, gardening, and painting if it's required. With excellent curb appeal, your rental property will be more desirable to potential tenants. This way, you can minimize the time your units are vacant.

Dealing with Vacancies

A vacant rental is the least desired outcome of an investment property. Property management companies should quickly inspect the newly vacant unit. Repair any damage caused by the previous tenant. Once the unit is prepared, they should begin property viewings and advertising. Ideally, they should be able to screen applicants, and if the rental allows pets, the pets should also be vetted. Once a new tenant is found, a new lease agreement should be prepared, and the tenant should be informed of any rules you have for your rental property.

Monthly Statements

As a landlord, you need to be informed of what goes on in your rental property. Weekly or monthly statements should be forwarded to all owners involved. These statements should outline management fees, maintenance repairs, and tenant prospecting.

Additionally, they should include any need or complaint your tenant had during the month.

It's often for new landlords to attempt to manage their properties, and often they do successfully. However, property management companies are meant to help you earn more. If you have more questions about what entails in property management or would like more details about our services, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

Understanding What Property Management Companies Charge

getdustin@icloud.com (Dustin Edwards) — Wed, 07 Dec 2022 04:02:20 GMT

Why Do Property Managers Charge Money?

When choosing to invest in a rental property, many first-time landlords attempt to manage their Long Beach rental property on their own as a means to save money. They may need to realize that property management companies are an asset.

A great full-service property management company will help keep your rental properties occupied, and well-maintained, and give you the freedom of time to prioritize improving your investment in Long Beach real estate .

Below is a simple breakdown of what property management companies charge.

Monthly Fees

Most property management companies charge a percentage of the rent or a flat fee. Some firms have additional fees. If your rent is $1,800, the property management company will charge between $144 - $216 for that rental.

Other monthly fees may include managing vacant properties or units. This is often more laborious for property management companies. Often utilities need to remain on during the time a rental is vacant. With no tenant living in the home, they won't be discovered for days if there are plumbing or electrical malfunctions. Vandalism and break-ins are also possible, especially when the property is vacant for extended periods. For this reason, a property management company would have to inspect the property about once a week.

Additional Fees

When looking for property management companies, it's essential to understand that not all of them only charge the monthly rent charged percentage fee. Many include additional fees for what you may have thought was included in the monthly fees.

Many other property management companies often have many one-time fees when contracting them. They claim these fees cover items such as creating an account for bookkeeping, Initial property inspection, or contract preparation and lease execution. However, this isn’t the case for all property management companies.

Some property management companies try to “nickel and dime” their clients. They may have additional fees for evictions, collections, contract terminations, inspection, and maintenance fees. For this reason, you need to shop around and find the property management company that suits your best interests and needs.

Fees Offset Directly to the Tenant

Only some fees are collected from the percentage of the rent charge. The tenant pays any fees. Many fees are offset or paid by the tenant. Many landlords adjust the rent to cover the percentage cost of a property management company. Though with preparations, your property management company will be capable of.

Most commonly, a tenant would be responsible for the fees incurred during a credit check. When renting a property with pets, tenants need to get their pets a profile and score to see if they qualify to live in your Long Beach rental property.

Though managing your property may be tempting to do yourself, As the saying goes, “time is money,” and a property management company can free up an unimaginable amount of time for you. If you are still unsure about hiring a property management company, consider asking for a sample invoice. This should give you a breakdown of every fee they will be charging, allowing you to make an informed decision. If you have more questions about what property management companies charge or would like a sample invoice from us, consider calling us at (562) 888-0247, or feel free to fill out our free rental analysis to see what your rental could yield today.

Should You Monitor Your Properties' Energy Consumption?

getdustin@icloud.com (Dustin Edwards) — Sat, 26 Nov 2022 03:03:39 GMT

Monitor Energy Consumption To Understand Your Properties Needs

Homes nowadays have more appliances than just a refrigerator, blender and television. It's common for homes to have many devices that are constantly turned on and consuming energy, such as tablets, routers, security cameras, auto feeders and the list goes on and on.

Although there isn't much that can be done about how much these devices consume energy, you can take steps to monitor the energy consumption of your Long Beach rental properties. This can be beneficial to your tenants to lower their electricity bill, for yourself if you include electricity into the rent and for the city to help curb over consumption.

Importance of Monitoring Energy Consumption

Besides saving money on electricity bills, monitoring energy consumption can be used to inform your tenants how their devices affect the environment. Having additional information such as energy monitors can attract tenants who are looking to curb their power usage, be more mindful and healthier. Tenants, much like everyone, are generally looking to save money anyway they can. By giving them the tools required to monitor their power consumption they develop better electrical usage habits which can prevent unnecessary wear and tear on your electrical system and HVAC system. This can result in happier tenants, who in turn can be more likely to stay at your rental property for extended periods of time. This can minimize vacancy periods and ultimately improve your bottom line.

For landlords, monitoring energy consumption can promote building efficiency practices. Especially in apartment buildings with communal zones. As well as predicting when systems and equipment may require maintenance before there is a failure.

How to Monitor Energy Consumption

In order to monitor energy consumption you’ll have to invest in a few products such as smart plugs or power strips like the Kasa Smart HS300 which are compatible voice assistants and each socket can be monitored individually. Home energy monitors such as the Emporia Vue can be installed at the main service of the home or apartment allowing you to monitor as many as 16 circuits on your phone or smart device. This installation will likely require an electrician.

Detecting Vampire Loads

Also referred to as idle loads, vampire loads happen when devices appear to be off but are actually on standby. Electronics such as televisions, computers, gaming consoles and cell phone chargers often enter a sleep mode when turned off or not in use. Over 20% of household energy consumption in California are these vampire loads and this number is set to rise as more products come with this kind of feature.

Though many devices consume energy throughout the day, keeping a charger constantly plugged in won’t cause a major shift in energy consumption. Electronics such as smart televisions, desktop computers and gaming consoles can consume as much electricity as a refrigerator due to often having many system updates.

Simply unplugging everything from their respective wall sockets would help alleviate the issue though convincing your tenants to make this a habit is unlikely to happen. A better solution is to upgrade the rental property with devices that allow them to make the conscious decision to reduce their consumption.

With more and more use of electricity in the world it's a good idea to future proof your Long Beach rental property. If looking to update your property with modern smart devices or are interested in installing solar to help reduce the use of power on the city and save your tenants even more money call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

How to Make Your Rental Safer for Tenants who Decorate with Lights?

getdustin@icloud.com (Dustin Edwards) — Sat, 19 Nov 2022 02:42:43 GMT

Safety Is Always A Primary Concern For Your Rental Property

The holidays are around the corner and many tenants like to decorate with lights, whether projectors shining designs onto the home, or more traditional holiday lights. Although not every tenant is looking to make their decorations be as festive as possible, it's best practice to maintain safety for those who will.

Below are some tips, upgrades and safety features you can provide your tenant to make their holiday season a bit safer when decorating.

Safety

It's a good idea to remember that not every tenant is a handyman, and many of them may not understand the risks involved with electricity outdoors. Every year there are countless accidents from people falling off ladders hanging holiday lights to accidently stepping on a Christmas tree ornament. By making sure outlets are safe and accessible without the need of ladders you can reduce your tenants risk of injury.

Exterior Outlets

You can't have lights without electricity. Providing exterior outlets to the home in easy to reach locations can reduce the usage of extension cords, extension cords can pose some risks as the more wire is used the more chances of damage can take place. Additionally extension cords are rarely used properly. A 16-gauge extension cord is most commonly used when powering on outdoor lights; however, it should only be used if the lights length is under 25 feet. For anything over 25 feet you would require a heavier duty 14- gauge extension cord. Moreover when multiple extension cords are used, it can cause them to overheat and potentially cause a fire.

The ideal outlets should not only be outdoor rated but also have a ground fault circuit interrupter (GFCI). In fact, according to the California electrical code, every outdoor outlet needs to be protected by a GFCI. What a GFCI does is protect people from electric shocks by detecting ground faults which is typically caused when someone begins to receive a shock. GFCI’s are often installed outdoors or where water can make contact with the outlets such as in bathrooms and kitchens.

Weather Protected Boxes

When installing outlets outdoors you’re not only required to have the be GFCI protected, but the outlets also need to be protected from the weather. Outdoor covers come in a variety of options including individual self-closing covers like Commercial Electric’s weatherproof outlet cover to large plastic domes like TAYMAC’s Polycarbonate clear covers which can protect connections from weather even when plugged in.

When doing electrical upgrades, you can add additional outdoor boxes on the property's landscape, gardens or fencing to allow for rope lights or other lighting fixtures to give your Long Beach rental property a warm inviting atmosphere after the sun sets.

Mounting Points

Although many tenants may not notice these at first, if they ever decide to hang lights for the holidays or for decoration, having mounting points around the rental property will be appreciated. By providing mounting points such as hooks around the perimeter of the exterior walls, you may also be preventing damage caused by your tenant. If they want to add lights themselves they’ll need to mount them to something and a careless tenant can damage exterior walls if not using proper tools and techniques to mount them. Having mounting also reduces the amount of time a tenant would be on a ladder, which can reduce the chance of them falling and injuring themselves.

Additional hooks or loops to hang rope or string lights around porches, patios, and outdoor living spaces can also help them decorate if they so choose. Happy tenants tend to be long term tenants, and a gesture as small as a few hooks around the property can satisfy the tenant's need to decorate for the holidays.

With the holidays quickly approaching, many people are looking to decorate with lights. By reducing your tenant’s risk of injury and making decorating simpler for them you’ll be closer to having a happy long term tenant. If you need help finding trusty electricians to install outdoor outlet or if you’re looking for a high quality full service property management company and you require more information on the services they provide call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

How to Avoid Noise Complaints with your Rental

getdustin@icloud.com (Dustin Edwards) — Tue, 15 Nov 2022 02:25:05 GMT

Noise Complaints Can Cause Headaches for Your Rental Property

Loud music, loud cars and excessive partying are generally seen as a nuisance by the local community. Which is why many cities have established noise control programs.

Nobody wants a noisy neighbor, and no landlord wants to hear that the police have been called on a tenant because they were being too loud. It's unwanted stress that you shouldn’t have to deal with.

Your tenants however, are not the only ones subjected to potential noise complaints, construction, maintenance and the use of power tools can also result in noise complaints from neighbors.

Below are a few options you have to prevent you or your tenants from receiving noise complaints.

How to Respond to a Noise Complaint

Understand that this situation may happen whether in a single family home or an apartment building. Accept the noise complaint cordially from whomever is delivering it. It's important to keep positive relationships with neighbors and tenants that live in the area. Show sympathy to their complaint and let them know you’ll try to resolve it as quickly as possible. Look into the noise complaint, depending on what is making the noise your response may differ. Finally ask the noisy tenant if they can keep it down. If the noise persists you may have to resort to more serious methods.

Be Aware of “Quite Hours”

Most counties and cities have their own noise ordinance, it's important to know when the “quiet times” begin. It's easier to enforce rules when you know them. In California most local ordinances prohibit loud noises between 11:00 p.m. through 7 or 8:00 a.m.

Though the city of Long Beach doesn't allow construction noises after 7:00 p.m. on weekdays. On Saturdays, construction noise is allowed from 9:00 a.m. to 6:00 p.m. Working within the allowed time frame lets your workers do their job maintaining, repairing or upgrading your Long Beach rental property without complaints.

Put it in Writing

The state of California law requires landlords to enforce noise provisions in accordance with the city ordinances. The best way for your tenant to understand the seriousness of the situation is for you to inform them that you will have a strict policy on excessive noise. This allows you to issue warnings to frequent noise makers as well as warn tenants that repeat violations of the noise rules may be subjected to more drastic measures such as eviction.

Installing Acoustic Insulation

If your Long Beach rental property is located near a busy street, the Long Beach airport or a construction site you may have tenants complaining about too much noise coming in from the outside. For these situations consider installing acoustic insulation on your walls, floors and ceilings to prevent noise from getting in. This can be a beneficial amenity you can market so your tenants feel an added layer of privacy knowing their neighbors can’t hear everything they do.

Noise Monitoring Sensors

If problems persist with noisy tenants, consider installing a noise monitoring system. These can inform you in real time when your tenants are being too noisy. Systems like Minut Responsive Service provide an easier way to make sure excess noise is dealt with quickly. These devices can detect when noise levels are too high and contact your guests to please keep it down. If the noise persists minut will then send a responder to resolve the issue, and send you a report.

These systems are not just to keep noise levels down, but can also be integrated into smart security systems, smoke, and carbon monoxide detectors.

It's ok to have the occasional get together, but there is no reason for a tenant to get noise complaints. If you are looking to install acoustic insulation to protect tenants from outside noise or noise monitoring system to keep tenant noise down call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

What to consider BEFORE you raise rent

getdustin@icloud.com (Dustin Edwards) — Fri, 11 Nov 2022 02:03:12 GMT

Raising Rent is Important for Both Owner and Tenant

The rent placed on your Long Beach investment properties determines the amount of income that property provides. Although wanting to raise your rent to maximize the amount of income any property can provide seems enticing at first, there are a few items to consider BEFORE you give your tenant the news that their rent will be increasing.

Today we’ll be discussing what you should do BEFORE you raise your rent and how to properly communicate this to your tenant.

Communication

Tenants don’t often like the idea of their rent being increased. A simple way for this not to be a surprise to them is to communicate during the lease signing that you will be increasing the rent a number of times during the lease. Also remind your tenants with enough time for them to prepare for the increase in rent. This time will be useful to them so they can adjust accordingly.

Moratorium

As a way to help families cope with the recent global pandemic, the federal government implemented a rental moratorium. Essentially it is a period of time the government has allowed for rent to be delayed. Although for the majority of the country the moratorium ended in 2020, Los Angeles county chose to extend the moratorium until the 30th of June 2023. This can cause a delay on the ability to collect rent whether or not you've decided to increase it.

It's necessary for you to do your due diligence to check if it's in effect in your area. To be sure your property is not subjected to the moratoriums it's helpful to ask your full service property management company if you're currently affected by it. As they should be aware of the local laws and how they are changing. [insert link]

Maximum Raise Amount

It's important for you to know the most amount possible you can raise and make sure you don't go over. As this may cause legal problems in the future. The state of California has many laws that are designed to protect tenants though these laws can be different depending on your county guidelines. If you own properties in multiple counties it would be helpful to have information about all your local laws to ensure clarity when discussing raising rent to your tenants.

Competition

Competition will always have an input in dictating the amount you can ultimately charge for your rent. If the local competition is renting a 1,000 square foot single family home for $1,500 it will be difficult for you to be able to rent a similar home in the area for twice that much.

If you are having a hard time filling up vacancies, or tenants are moving out after an increase in rent it's important to understand how competition affects your ability to raise said rent . You should be aware of what your rental is competing against in terms of cost, amenities and relationship other tenants have with their landlords.

How long have they been a tenant?

This may seem unorthodox, but long term tenants who follow the rules set by the lease can be invaluable to your bottom line. Meaning in some cases it's better not to increase the rent. Long term tenants tend to be happy and loyal, by increasing their rent they might be pushed to move to another location. Replacing a happy tenant can be difficult and the amount of time required to prepare a home to put back on the market sometimes isn't worth losing a tenant who pays on time and causes little issues.

You can reward long term tenants with less frequent rent increases or more modest increases as a strategy.

There are many items to consider before increasing your tenant’s rent. If you need help communicating rent increase with them, if you’re looking for a high quality full service property management company or if you require any further information on the services they provide call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

How Your Lot Zoning Could Be Advantageous

getdustin@icloud.com (Dustin Edwards) — Wed, 02 Nov 2022 17:35:48 GMT

Zoning Can Help Your Rental Property

When buying a single family home as an investment property many new homeowners tend to overlook an important element of their new property. Their lot zoning, being aware of the zoning lot of your property can open up the possibility of greatly increasing the income that property can provide.

Learning what zoning your property was built on can help you maximize the income of your Long Beach rental property to its fullest potential. Join me as we explore the advantages of knowing your lot zoning.

What is a Zoning Lot

In this case we’re talking about zoning lots as it pertains to the ability to build more units on your property. As an example, you may have purchased a single family home which was built in an R-2-N zoning lot, meaning it can be easier to add a second home, and an ADU . This has the potential to increase your income extraordinarily. Whereas if the house you purchased was built on an R-1-N zoning lot you may be limited to adding an ADU.

Generally speaking, Long Beach residential zoning lots are divided into 4 main zones. R-1 zoning lots support single family homes. R-2 Zoning lots support two-family residential homes. R-3 zoning lots are classified as low density multi-family homes. R-4 zoning lots are classified as dense multiple residential units.

Zoning Lots in Long Beach

In Long Beach many homes are built on zoning lots classified as R1 or R2 zones. Using the traffic circle in Long Beach as an example. The zoning map shows that south west of the traffic circle are R-2-N zones. Like previously stated R-2 zones make great investment properties because they can have more units such as a duplex and an ADU. This gives you the potential for 3 separate incomes on a single property.

Immediately north of the same traffic circle are many R-1 zoning lots. Though not bad investment properties, these do not have the same potential income as properties built on R-2 zoning lots. Though these typically cost less than a home built on an R-2 zone.

How your Zoning Lot can Increase Your Equity

Zoning lots that allow for more buildings allow for more equity. A simple way to look at it is if you purchase a house worth $1,000,000, each square foot is valued at $1,000. In an R-2 zoning lot, where you can build a second home, you would have the ability to double the living space, therefore double the value of each square foot. This in turn increases the value of this home to 2,000,000 while not investing another million to build. This means you would have 2 or more incomes from a single property. As well as equity you can take out for future investments including; purchasing more investment property or building more units on your existing properties.

Learning what zoning lot your property is on can drastically increase the potential income yield of that property. If you need help finding out what zoning lot your properties are built on, are looking for a high quality full service property management company or if you require any further information on the services they provide call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

What Does A Full Service Property Management Company Do?

getdustin@icloud.com (Dustin Edwards) — Sun, 30 Oct 2022 04:48:19 GMT

Always Be Aware of What A Property Management Company Provides

New landlords often attempt to manage their own properties to save money, and this is a good idea for some. Though many others can easily become overwhelmed by the duties involved with managing a Long Beach rental property. A full service property management company should be able to deal with your rental property and provide peace of mind.

As we come towards the end of the year, it's a good time to evaluate your property management company to see if they are fulfilling what a full service property management company should do. Below is a list of important responsibilities that any full service property management company should be able to fulfill.

Moratorium

In an attempt to provide relief for families unable to financially cope with the pandemic, the federal government implemented a rental moratorium. A moratorium is essentially the government authorizing a period of delay for rent. Although federally the moratorium was set to expire in 2020, Los Angeles county decided to extend the rent moratorium until June 30, 2023.

A full service property management company should be able to know if your property is being affected by the current moratorium. They should also be able to tell you whether or not the laws are changing around it when asked.

Maximum Raise Amount

The state of California has some of the most strict laws to protect tenants. This includes the amount of rent a landlord can raise. These laws can be different depending on state and county guidelines. Navigating these laws is something to be expected from a good property management company.

A full service property management company's goal should be making sure you are earning consistent income month in and month out. Therefore, they should be able to give you that information for each property you may have.

Competition

Understanding your local rental competition is important to your bottom line. Just because a rental unit has a high estimated value, doesn’t necessarily mean you should aim for the highest amount of rent. Similar homes in your area dictate how much a tenant is willing to pay for your Long Beach rental. Vacancies in your rental properties means you’re not earning any income.

A full service property management company will be able to check the rental amount for units similar to yours, and compare that price to the local competition to be able to give a competitive rental offer. You can also check rentometer.com to see how your property compares.

Tenant Quality

Quickly filling a vacancy may be impressive, but is the vacancy being filled by a quality tenant that will respect the lease. Full service property management companies should have a tenant vetting application as well as a number of approved applicants looking to move to your rental property.

A full service property management company should also be able to understand when you do have a quality tenant, as it's easier to keep a good tenant than to find another one. You can show your tenant appreciation with small gestures. Such as rewarding them with modest rental increases instead of the maximum allowed amount.

Vacancies

As previously stated, vacancies in your Long Beach rental property means there is no income from that property. Full service property management companies should be able to fill vacancies with quality tenants efficiently. Meaning they should be able to not only take care of advertising and vetting potential tenants, but they should be able to clean, fix and maintain a unit to minimize its downtime.

Full service property management companies should be able to give you peace of mind and the freedom to focus on your personal life. If you are looking for a quality full service property management company or if you require any further information on the services they provide call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Tenant Appreciation Tips

getdustin@icloud.com (Dustin Edwards) — Fri, 21 Oct 2022 02:22:02 GMT

Showing Appreciation Can Go A Long Way

It's surprisingly easy to remember the bad tenants you have through the years of being a landlord. It's human nature to dwell in the negatives and remember the bad times more often than the good times. For this reason It's easy to overlook a tenant who has no complaints, respects the lease agreement, and always pays on time until they move out.

There is an old saying that states “you have to spend money to make money” dating back hundreds of years. However, for the success of your business you should spend money where it matters. Dont ignore the good tenants just because they’re doing what you expect. A happy tenant is more likely to be a long term tenant, providing consistent cash flow from your rental property.

Below are a few suggestions and tips to show your appreciation to your tenants, and hopefully keep them living in your Long Beach rental property for years to come.

Gift Cards

Gift cards are an affordable gift that can go a long way with tenants. A gift card to provide your tenants with an enjoyable meal “on the house” after an inconvenient repair will show them you care about their time. Other opportunities to show the tenant you appreciate them through a gift card includes the holidays, birthdays and after a lease renewal.

Gift cards are a small gesture that can really turn the way your tenant feels about their landlord. Keeping them happy and providing steady income without any animosity.

Break on Rent

An incentive to pay consistent for 6 months at a time is a simple way to build good habits with your tenants. A gift of a rental rebate of $100 or $200 is a small price to pay to help a tenant prioritize paying on time for months. Setting up the rebates during the holidays will give tenants the opportunity to spend the extra money on the family or themselves. Reliable tenants can save you a great deal of money and time in the long run.

Be Responsive

Tenants hate nothing more than having to pay rent while something in their home needs repair. This gives tenants the image that you are just there to collect their money, and don't care about them.

Be responsive, it’s the tenants duty to pay their rent on time and your duty to make sure their home is in working order. A quick resolution to a repair show’s a tenant that you care about their comfort and well being. This is not only good for the tenants but for your own property, if repairs aren't dealt with promptly they can lead to costly damages in the future.

Get to Know your Tenants

Having good communication with your tenant can lead to a great relationship. Organizing events for tenants helps build amazing landlord-tenant relationships. For example, an outdoor picnic gives landlords the opportunity to interact and get to know the kinds of people that live in your rental property as well as lets your tenants see you as something more than their “rent collector”.

Even if a tenant is unable to join, simply inviting them makes them feel like they’re important.

Say Thank You

These 2 words are incredibly powerful when showing appreciation. Express your gratitude whenever possible, for example leave a thank you card for new tenants when first moving into a vacancy. Say thank you when tenants resign a lease and let your tenants know how grateful you are for having amazing tenants like them renting your Long Beach rental property.

Some tenants come and go but great tenants are some you don’t want to see leave. Show them you care as often as you can. A happy tenant will tend to live in your rental property for years and feel uncomfortable taking the risk or finding another great landlord. If you need help showing your appreciation to your tenants feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Have you Considered Big Projects that Could Increase Your Rental Amount?

getdustin@icloud.com (Dustin Edwards) — Wed, 19 Oct 2022 02:17:01 GMT

Big Projects Can Increase Your Rental Amount

Are looking to increase your rental amount but aren't sure what options you have in order to make this possible?

There are a few minor options to consider such as including more amenities or upgrading core systems of the Long Beach rental property. If you have the resources however, there are larger projects that can increase the rental amount. Property owners should still do the math to understand what the break-even point is.

Consider the following projects when looking to increase your rent.

ADU

An accessory dwelling unit (ADU) is typically a smaller independent residential unit located on the same property as the main home, usually a single family home. Many new landlords may not be aware that ADUs are an option to build, and if you have a large lot with a small home the additional dwelling can be an excellent investment.

ADUs provide a second home that can be rented out, and unlike having a traditional duplex an ADU is usually detached from the main home therefore no walls are shared, giving tenants in both homes privacy.

Other than having more passive income, an ADU increases your property value as many homeowners are willing to pay more for properties with ADUs because they provide more flexibility, lower monthly living expenses and ofcourse privacy. An additional bonus of ADUs in single family homes is the possibility of living in one home while you rent the other.

Adding Office Space

Many young tenants are looking for rentals that grasp the work from home concept. This can be achieved in a number of ways. A Junior ADU (JADU) can be built as a dedicated office space, or an existing room can be converted into an office by adding more light, power and network support to the room.

A JADU differs from a normal ADU mainly by size and location. A JADU is no more than 500 square feet and must be within an existing or proposed single-family home or access structure like an attached garage.

Although converting an existing room into an office in your rental may not be as expensive as other projects mentioned, it can put your rental in front of more people. Widening the potential market for your rental home. When converting an existing room into an office, lighting is key. Both natural light from windows or skylights as well as bright conventional lights with dimmable capabilities. Other features like an abundance of power outlets and network ports should be considered.

Expanding the Living Space

Taking a 3 bedroom 1 bathroom and adding an additional bathroom will increase property value and be more appealing to more tenants. Depending on location, size, design and the age of your property an additional bathroom may require an investment of $22,000 on average.

A 3 bedroom single family home is typically rented by couples with growing families, the addition of a second bathroom gives your tenants a sense of comfort. With many tenants working from home, bathrooms become a commodity especially if they have children. When tenants are happy, they’ll want to stay living in your property for longer.

One of the largest projects that could increase your rental amount is adding more living space. This can be achieved when adding square footage to the building, from foundation to roof. More living space such as adding a bedroom will allow a property to be rented for more. An additional benefit is if you ever decide to sell the property, the additional living space will reflect on the value of the property.

If you’re looking to increase your rental amount and have a big project in mind and need help getting started feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

When was the Last Time you Evaluated Vendors?

getdustin@icloud.com (Dustin Edwards) — Tue, 11 Oct 2022 20:38:23 GMT

Evaluating Vendors is Key to Keep Your Rental Profitable

When was the Last Time you Evaluated Vendors?

Your rental property is meant to provide income throughout the years. In order to maximize your bottom line you need to invest efficiently in your vendors. As a property owner it's a good habit to periodically evaluate those vendors. It can be money going down the drain if they're not providing the best quality service for their cost.

Below are four things to consider when evaluating your vendors to help you make the best decision for your Long Beach rental property.

Insurance

When was the last time you shopped for landlord insurance?

For insurance companies it's a good idea to check with them every year. In many cases your current coverage agreement may still be satisfactory however, it's generally a good idea to check with your insurance provider yearly for any changes in policies that may affect you. Especially if you have made recent upgrades to the property.

Items to consider when evaluating your insurance company is if they are providing proper coverage. Is your current insurance company’s price competitive? Do they offer umbrella insurance to protect you beyond the limits and coverages of other policies?

Property Management

A property management company needs to be able take care of your property, and increase your revenue. They are typically hired to oversee the day-to-day operations of your Long Beach rental property, deal with the concerns of your tenants. Including providing you with monthly property reports of the condition of your property.

When evaluating your property management company it’s important to consider the following questions:

Is it easy to communicate with them?
Are they available when you need them?
Are your vacancies filled in a timely manner?
Are repairs and maintenance done in a timely manner?
Are they adhering to the changing laws?
Do you trust them?

Replacing a property management company can make many property owners hesitate, but may be necessary in the long term.

Landscaping

Well maintained landscaping is incredibly important for the aesthetic of your Long Beach rental property. The building may look beautiful, but a poorly maintained yard or unkept trees and bushes can be detrimental for curb appeal.

Your landscaping company should be able to properly maintain your property’s lawn, shrubs, trees and plants. They should be aware of local watering ordanced and should be able to offer solutions like water efficient landscaping if you notice the weather affecting the plant life. Ideally they should keep maintenance costs at a minimum while keeping tenants happy with great looking landscaping.

Trades

Trades include electricians, plumbers, and other repairmen. Although you may want to choose the cheapest workers, this can be costly as typically the lowest bidder uses the cheapest materials to do their work.

When evaluating trade companies, pay attention to their online presence and customer reviews. It's important for trade companies to prove they can provide quality work in properties similar to yours. Pay attention to your tenants as well, as they have first hand experience when repairmen go into their home to work. Their availability and communication is important as emergency repairs may be needed at any time of the day or night. It's a good idea to have multiple trade company's phone number for this reason. Most importantly be sure they can continue to provide a trade license when asked.

It's important to make sure your vendors provide quality work, and it’s a difficult decision if you need to replace vendors you’ve worked with in the past. If you need help finding reliable tradesmen to do maintenance or if you are unsure your vendors are doing a good job feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Ways to Help Your Tenant and Your Property Lower the Utility Bills

getdustin@icloud.com (Dustin Edwards) — Fri, 07 Oct 2022 03:13:31 GMT

Keep Your Tenants Happy By Providing Benefits To Lower Bills

A great way to keep long term tenants is to make their stay at your Long Beach rental property as comfortable and affordable as possible. When a tenant knows you are doing your best to make sure they have lower utility bills they are more willing to stay long term. Which lowers your vacancy rate and increases your bottom line.

Below we’ll discuss in which ways you can help lower the utility bills for your tenant and your property.

Water

Having water wise landscaping features can save your tenant in their water bill. If your Long Beach rental has a garden or lawn, consider a dynamic or smart water sprinkler controller. An example is a controller like the Rachio 3 which has options such as:

Zone selections like a garden or a lawn.
Limitations to the amount of water being used to not go against any water conservation ordinance.
Scheduling to minimize water evaporation.

You can order products like the Rachio online or go to your local home improvement store to see what selection they have.

Electricity

There are a few ways to lower the electrical bill. One of the simplest ways is to ensure that all the lights in the rental property are modern and efficient LED fixtures or use LED bulbs. You can provide the rental home with LED replacement bulbs which have been tested to last as long as 100,000 hours of use which is nearly 20 years compared to 1,000 hours of use or about 1 year for incandescent bulbs.

Many modern light fixtures don't use bulbs anymore altogether. They now simply integrate LEDs into the fixture giving them a sleeker and cleaner look. If you feel it's time to replace fixtures in the rental property, modern LED fixtures can help reduce the electrical bill while making the home look more stylish and modern.

Appliances

Providing efficient appliances to your tenants is a great way to ensure their comfort and be stress free. Although landlords aren’t responsible for including kitchen appliances if you do provide them, it’s best practice to use newer more efficient models.

Appliances are now more efficient than ever before. Even if older ones “still work just fine” they may not be as energy efficient as modern appliances. Older appliances often contribute to pollution and wasted resources. As an example an older dishwasher may require your tenant to rinse their dishes before they load up the dishwasher. This not only wastes more water but it means if they don't do this first step they may need to run the dishwasher multiple times. This can greatly increase the cost of their electrical bill.

The downside to providing modern appliances is you need to spend the money to replace the older units as newer ones come into the market.

Heating and Cooling

Although most homes use air conditioning and heaters to cool and warm their homes. There are other ways to help manage temperatures of your Long Beach rental property more efficiently.

Insulation is something many people don’t think about unless a home is being built. Attic insulation is relatively easy to get to, and should be replaced every 20-30 years. Though after about 15 years attic insulation begins to degrade. Making sure your insulation is good can lower the costs of both cooling and heating the home. Proper attic insulation reduces the airflow of hot air in the winter and cool air in the summer allowing you to use less energy to heat and cool your home.

Your roof should be inspected yearly and replaced every 15 to 25 years. If you’ve noticed leakes or damage in your roof perhaps it's time to not just replace but to upgrade. A “ cool roof ” is designed to reflect more sunlight than standard tiles or shingles. By absorbing less energy and heat from the sun it causes less energy to be transferred into the home making cooling much more efficient during hotter days. Especially in areas with warm climates like Long Beach.

If you’re looking for ways to keep your tenants happy and help them reduce their utility bills feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Unexpected Maintenance Items that can Save Your Property

getdustin@icloud.com (Dustin Edwards) — Wed, 05 Oct 2022 03:04:13 GMT

Maintenance For Your Property Is Important

Any good landlord understands keeping their Long Beach rental property in proper working conditions means general maintenance is required. Making sure your property is maintained can increase its curb appeal, tenant retention, and reduce larger expenses by preventing the early breakdown of important components.

There are some important maintenance items that some landlords occasionally forget about or are unaware of. Today we’ll go through some of the preventative maintenance that can save your property and your tenants from the unexpected.

Fireplace Cleaning

This will typically only affect single family homes with working fireplaces. Fireplaces are one of those features in homes that give off a “cozy” feeling, and sometimes are overlooked for maintenance because tenants don’t often use fireplaces in Southern California. Fireplaces come in a few styles: wood burning, gas, electric and ethanol. Ethanol and eclectic don't produce smoke and require little to no maintenance. Gas and wood burning fireplaces however, do produce smoke, meaning that maintenance needs to be performed regularly.

Over years, a gas fireplace can begin to malfunction because the burners can become blocked with debris. If not cleaned annually, the burners can begin to fail causing more damage to the entire system. Damage to the gas hoses, burners or any other part of the system can lead to larger repair bills that would have otherwise been prevented.

Wood burning fireplaces need the most focus when it comes to cleaning, and it's recommended to hire a professional to do the work. Burning wood leaves behind debris, ashes and a flammable residue called creosote. Creosote can ignite and can cause house fires if left unchecked. If the fireplace is used often, it's recommended to have your fireplace professionally cleaned twice every year, and have the chimney inspected annually.

Cleaning HVAC Ductwork

Just like the HVAC unit itself, the air ducts require maintenance on a regular basis to maximize efficiency. In Long Beach the air conditioning is used often, and it's recommended to clean your air ducts every 3 to 5 years. A few tell-tale signs that your ducts need to be cleaned are an unpleasant odor coming from the vents, a clogged air filter, the vents are filled with debris and dust, or an uneven or poor airflow. In extreme cases mold and mildew can be seen in or around the HVAC system.

Having poor air flow, or dirty air ducts can cause tenants health issues including:

Headaches
Fever
Coughing
Difficulty breathing

If allowed to accumulate uncontrolled for an extended period of time, the particulates in the vents can become a fire risk. Causing the ducts to spread flames throughout the HVAC system.

HVAC System Maintenance

An HVAC system is made up of many parts that need to be maintained in order to keep optimum performance. If the HVAC units are poorly maintained, a number of issues can occur that can range from an inexpensive fix to a fix in the tens of thousands of dollars.

Electrical problems are the most commonly lead to fire hazards. Older electrical connections can become loose, and can cause the furnace to work harder overheating and burning the wires. This can lead to a furnace fire. If you notice smoke or a burning smell emanating from the gas furnace, turn off your HVAC system and call a reliable technician to check the system.

Naturally a fuel leak is also a fire hazard, though without regular maintenance many home owners or tenants don't notice the leak until it is too late. The fuel used in an HVAC system is highly flammable, if it makes contact with the heating elements of the HVAC system the fuel can ignite and can cause a fire.

A damaged heat exchanger in your HVAC system is a major cause for concern. This can cause a carbon monoxide leak which can lead to many health issues for your tenants. It's recommended to do annual inspections of the heat exchanger to ensure tenant’s safety.

Sewer Jetting

Getting your sewer lines cleaned out regularly is great as a preventative maintenance that can save you money and can help prevent sewage backups in the long term. Sewage backing up into the property is not only a health hazard for your tenants, it can be a financial hazard for yourself. As you may need to hire a plumber, replace carpets and potentially lose a tenant.

Generally speaking, you should have your sewer lines jetted every 18 to 22 months. This’ll keep your pipes draining smoothly and reduce the risks for clogged or broken pipes in the future.

Maintenance should never be ignored, as it’s almost always better to prevent than repair. If you need help finding reliable tradesmen to do maintenance or aren’t sure where to start feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Have You Considered Different Types of Insurance for Your Rental Property?

getdustin@icloud.com (Dustin Edwards) — Fri, 30 Sep 2022 01:31:22 GMT

Insurance Is Important To Your Rental Property

When investing in a rental property, landlord insurance is necessary. Mistakes happen and it's important to be covered in order to protect yourself from occurrences like electrical fires or damage caused by bad tenants to the property.

Though there are many options for types of insurance so you feel more protected. Below are a few types of insurances you can get for your Long Beach rental property, and what they cover.

Landlord’s Insurance

Landlord’s insurance is usually a requirement of your mortgage agreement. Though not legally required, even if you do not have a mortgage, landlord's insurance is still a great investment. Landlord’s insurance will oftentimes bundle a few coverages in their policy, these should include property damage, lost income, and liability.

Damage to the property can be caused by a number of reasons. In the event that the property or its furnishings suffer from damage caused by fires, short circuits, gas leaks, vandalism or careless tenants.

Even with excellent maintenance there are times you can’t fill your rental due to unforeseen reasons. Lost rental income insurance protects you in case something would cause your property to become uninhabitable. For example pest infestations like rats, termites and roaches require time to get under control. Lost rental income insurance provides temporary rental reimbursement for rent money may not be able to collect.

Liability protection is simply to cover legal or medical costs that might come up if a tenant or one of their guests suffers an injury because of an issue with the maintenance of the property.

Umbrella Insurance

Umbrella insurance is designed to protect you and your family when you’ve surpassed the liability limits from other insurance policies including vehicle or property. You may be wondering how umbrella insurance works, it gives you the ability to select a liability limit that best protects you and your assets. Umbrella insurance coverage can include legal defense, like legal fees needed to defend from claims that may never produce a settlement or judgment.

Earthquake Insurance

Although the majority of earthquake epicenters in Long beach barely move the needle. Usually small earthquakes between magnitude 1.0 and 2.0. There is a higher risk of earthquakes in California compared to the rest of the country. Worst of all, unlike other natural disasters, earthquakes can’t be predicted ahead of time. We don’t know where or when an earthquake can happen, but we do know they can cause thousands of dollars in damages.The best way to protect your assets from an earthquake is with earthquake insurance.

Earthquake damage is not covered by homeowners or landlord insurance however, your insurance company should offer to sell you earthquake insurance when applying for your policy. Earthquake insurance does have limits on what it covers. It does not cover everything damaged by the event. The intention of earthquake insurance is to put a roof over your head.

Flood Insurance

Based on southern California’s recent history of droughts, flood insurance may feel unnecessary. Though Long Beach is next to the beach meaning the risk of floods is never 0%. Standard homeowner insurance doesn’t cover flooding, but Long Beach participates in the National Flood Insurance Program allowing property owners to get federally-backed flood insurance. Adding this coverage is most reasonable if your property is in a flood-prone zone .

Many landlords recommend or even require their tenants get rentar’s insurance.

Insuring your Long Beach rental property can be overwhelming. Don’t worry we’re here to help if you need assistance finding the right insurance coverage for your property feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

What to Consider for a Luxury Rental Property

getdustin@icloud.com (Dustin Edwards) — Fri, 23 Sep 2022 03:53:21 GMT

Considerations Are Different for Luxury Rentals

When looking for any rental property, there are a few items every investor needs to keep in mind. ROI (return on investment) and NOI (net operating income) are 2 that you should always consider; however, when looking for a luxury rental property there is no detail too small.

A simple way to view a luxury rental property is by its services that go above and beyond to satisfy the tenants needs, and wants. Luxury rental will have larger living spaces and rooms, with as many amenities as possible. No amenities are too small to overlook, making sure the property is well maintained and functional is a must.

Below are a few recommendations to keep in mind when evaluating a luxury rental property.

Target Market

It is not uncommon for the clientele to be executives and top-level professionals moving into an area for a short term (i.e. 1 year lease) who are looking to enjoy a neighborhood where they may make a purchase once settled in. Though occasionally they may stay for a few years.

The location of your property is another important factor that needs to be accounted for. Areas such as Belmont Heights, and Naples would be prime locations to draw clientele to your luxury rental property.

One of the best ways to be seen by your target market is to be a presence when they’re searching for luxury apartments. Making sure your rental property is being featured in the most used search engines is required. This will likely require you to pay for advertisements to keep your property at the top of the search engines.

Aesthetic

The rental property needs to look the part. A well taken care of and refined landscaping as well as a maintained building exterior will increase the property’s curb appeal. The landscape may include features like a walkway, bike path, garden or water features like a fountain or a pond.

To give the element of luxury within the units consider stainless steel appliances, granite countertops, hardwood floors and plenty of windows.

Swift Maintenance

Of course maintenance in any investment property is important, but with luxury rentals it's expected to be more responsive to repairs and maintenance. For this reason it’s a good idea to have regularly scheduled preventative maintenance. Be sure to keep multiple contractors and tradesmen available to fulfill any emergency repairs on the property or in the units.

Normally this is an expense many investors try to save money on by going with the lowest bidder. With luxury rental properties, it is better to hire well trained, well dressed, polite and established contractors so tenants feel comfortable letting them into their homes for repairs.

Amenities

Typical amenities that would be found in regular rental properties should also be found in luxury rental properties. Such as washer, dryer, dishwasher, private parking, and maybe a pool. Luxury rental properties are expected to go above and beyond what is necessary or expected.

There should be high end appliances, brands such as Viking , Thermador , Monogram and Gaggenau to name a few. Some luxury rental properties offer dry cleaning services while also providing in unit washers and dryers.

Although a pool is a nice amenity, having a sauna and hot tub available would be considered above and beyond. Fitness rooms should include modern and well maintained equipment and even personal trainers. Many tenants would appreciate a lounge area with a snack bar, cafe and even some co-working space.

Aside from what should be provided to a tenant, consider that many luxury rental properties not only allow pets, but even have amenities and services specifically designed for pets. This may include a dedicated dog park with dog course equipment.

High Speed internet wiring should be provided for either cable or fiber optic internet. Though its not uncommon for the property to provide high speed internet to each unit as well.

Finding the right investment property requires a little bit of research, if you need help evaluating a property you are looking at feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Evaluating a 4 Unit as a Rental Income Property

getdustin@icloud.com (Dustin Edwards) — Tue, 13 Sep 2022 03:57:55 GMT

Evaluation is Key To Understanding Your Rental Income

When purchasing any rental income property there are a few essential items to consider when evaluating it as an investment property . Such as your ROI (return on investment) or NOI (net operating income) among other items.

When speaking specifically about 4 unit properties in Long Beach however, there are some unique aspects compared to duplexes and single family homes.

Below are a few elements you’ll want to consider when evaluating a 4 unit rental property.

Building Configuration

Like duplexes which are most commonly built symmetrical, 4 unit properties sometimes are also built identical to each other. This isn’t always the case. Having different types of units available for rent allows a varied mix of potential tenants. Studio, single bedroom or 2 bedroom units allows you to cast a wider net to attract single tenants or small families. In some cases if a tenant is happy living in your rental unit when they’re single, they may even want to move to a larger one when they begin to grow their family. Allowing a diverse rental mix can help achieve a nice yield

On Site Features

See if the property has onsite features or amenities like connections for washers and dryers or a communal laundry, air conditioning, and outdoor spaces.

Tenants love to avoid trips to the laundromat making in-unit laundry a major incentive and convenience. Luckily some tenants have their own washers and dryers meaning just having connections for them is enough. Though it goes without saying that if you can provide each unit with their own washers and dryers it can make your property stand out. If neither of these options are provided if the property has a communal laundry, many tenants will still prefer to carry a load of laundry to the common washer than drive down to the local laundromat.

With the weather being as hot as it's been recently, air conditioning is especially desirable to tenants. HVAC systems are preferable versus window unit air conditioning due to higher efficiency, better curb appeal and longer lifespan.

When looking for rental properties don’t forget to pay attention to the outdoor space. Balconies, porches, and patios give tenants a sense of a larger living space without adding more walls.

Parking

Parking is a feature that is incredibly important for tenants who commute. Off-street parking is more desirable as it guarantees a space even on busy days and can avoid parking tickets.

You’ll find it’s easier to find a tenant when you include parking in the rent. Depending on available parking, you charge separately for each spot allowing for tenants who don’t drive the opportunity to save some money while tenants with multiple vehicles can pay for additional parking spaces.

Location

The neighborhood in which you purchase your 4 unit property can determine how easily you can attract tenants. Buying near the community college can attract college students which can fill vacancies quickly while at the same time make it difficult to find tenants during summer break

Good quality k-12 schools and parks can attract younger families looking to establish themselves. This can lead to the aforementioned long term tenants that can live in your rental property for years as they grow.

The area where you buy any investment property also affects how much you can charge for rent. Before you invest, be sure to have an idea of how much other units in the area are being rented for.

Does your Long Beach Rental Have Water Wise Landscaping Features?

getdustin@icloud.com (Dustin Edwards) — Tue, 06 Sep 2022 03:46:05 GMT

Water Wise Features For Your Rental

When managing your property have you considered water wise landscaping features?

Conserving water has quickly become a necessary feature when renting a Long Beach property . Many tenants who have to pay for their water utilities would rather save their money with water wise landscaping features. While landlords that include the price of water utility in the rent would be smart to keep landscaping features drought resistant and water wise.

What are water wise landscaping features and why would you want to have them on your Long Beach rental? Below are a few landscaping features that can save you money and keep the curb appeal of your Long Beach rental high.

Water Conservation is Everyone’s Responsibility

People should understand that water conservation is everyone’s responsibility. As the challenges of this California drought rapidly increases, it will eventually result in increased prices. The solution is to conserve water by making your home more water-efficient.

As a property owner, it's your responsibility to make sure water lines, irrigation and plumbing is well maintained and not leaking. But it goes farther than this, automation of sprinkler systems and proper lawn care can conserve water, keep tenants happy while keeping your curb appeal intact.

Drought Resistant Lawn

Drought resistant grass lawns may be one of the best ways to keep a beautiful lawn while saving water. While there are some types of lawns that can be green year round with proper watering, this can be difficult to keep up when only allowed to water your lawn according to Long Beach water restrictions .

Drought resistant grass can thrive during periods of limited watering. Though a concern for some is that most drought resistant grass like buffalo and bermuda grass has a dormancy period in which the grass will turn brown for a season.

Although this may seem like your lawn is dying you can retain the bright lush green by simply applying grass paint during this period. It does sound odd to paint your grass when it's brown but it's far more common than you may think. When drought resistant grass goes dormant it doesn't need much water, so by painting the dry grass you can keep the curb appeal of a green lawn and save water. Lawn paint only lasts 2 to 3 months, by the time it begins to wash away your grass should be growing again.

Drip Irrigation and a Smart Controller

You may be wondering what a drip irrigation system is. Essentially its a low pressure, low volume lawn and garden watering system. It delivers water to your home’s landscapes through a small steam, spray or drip. This type of system uses less water than other irrigation systems while keeping roots moist but not soggy. With minimal evaporation and overwatering a drip irrigation can lower use of water while keeping plants thriving.

A drip irrigation system can solve some problems you can't with a traditional sprinkler system. The gentle and precise nature of drip irrigation will prevent over watering which can cause run off watering that can cause erosion. The water supply lines connect directly to a hose spigot making it unnecessary to cut into the home’s water lines.The flexibility of the water lines means you can adjust what locations get the appropriate watering as the plants grow and spread throughout the landscape. You can also get smart controllers like the Rachio R3 to adjust watering depending on the weather. Although drip irrigation uses less water than a traditional sprinkler system, you are still going to deal with local restrictions based on your property’s location.

Mulch

If you’re not familiar with mulch, it comes in a few varieties but most commonly its wood chips spread across gardens or other landscape features. Mulch is versatile in landscaping, it improves soil quality, allows better water movement, it keeps soil cool during summer, and it mitigates water evaporation.

Added bonuses include using it to hide drip irrigation systems, wires used for landscaping lights which can give your property a clean, natural look.

Sprinkler Maintenance

Sprinklers, being a “set it and forget it” system many homeowners and tenants truly forget to adjust and maintain the sprinkler system. Forgetting to adjust sprinklers after a rainfall can lead to overwatering your lawn which is not only unnecessary it leads to waste of water.

Over time, much like everything in a home, sprinkler systems will need maintenance and repairs. Sprinkler heads can become misdirected and begin to spray walkways or driveways instead of the landscape. Depending on water quality the sprinkler head can also become partially clogged which can lead to pooling of water near the sprinkler head and dry spots throughout the lawn.

You can participate in Long Beach’s Lawn-to-Garden program which can provide benefits for the environment and attract environmentally conscious tenants. All Lawn-to-Garden projects are eligible to receive an incentive of up to $3.00 per square foot of lawn removed in the front yard or $2.00 per square foot in the backyard. Replacing water thirsty lawns for native, drought resistant gardens. If you need help understanding water wise landscaping features, or need help understanding Long Beach’s Lawn-to-Garden program feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Have You Considered the Maintenance of Your Landscaping?

getdustin@icloud.com (Dustin Edwards) — Thu, 25 Aug 2022 18:00:00 GMT

Landscaping is Important for the Look and Feel of Your Rental Property

Landscaping that is attractive and provides curb appeal is important to the majority of homeowners as it can act as an enjoyable space and enhance the overall feeling of the property. Many potential tenants also value and look for these aspects when searching for a rental. However, relying on your tenants to effectively maintain the foliage and keep your rental’s front yard looking stunning is a dangerous gamble. As such, it’s essential to find a balance between designing a front yard that your residents will enjoy and that you can effectively upkeep on your own. Over the years of managing property in Long Beach we’ve realized that maintenance of landscaping for rentals requires a different approach.

Rental Property Landscaping is Different

For starters, ditch the idea of perfect white picket fences and green grass lawns. While this may be a picturesque display in cooler climates, the year-round warmth and drought-prone nature of Long Beach make it very challenging to sustain this kind of front yard. Most importantly, preserving the vibrant color of grass and keeping it healthy requires lots of water. Not only is this harmful to the environment, but it will also greatly raise your rental’s water bill.

Instead, look into designing a yard with decomposed granite, an alternative to grass that is both cost-effective and environmentally friendly. Additionally, it does not require any maintenance but still looks fantastic. Decomposed granite pairs nicely with stone or masonry pathways. These can add some lovely variety to your rental’s front yard and impress potential renters and guests alike.

Another aspect of landscaping for your rental that can be expensive and challenging is flowers. Most flowers require frequent watering, specific soil and planting conditions, and do not bloom all year. In the dry climate of Southern California, summertime can be especially harsh on most flowers too. On the other hand, drought-tolerant plants require minimal watering and withstand tough conditions while still providing the beauty and uniqueness that flowers bring to a front yard. Agave, aloe, lupines, and moss rose are all great succulents and buds to plant among decomposed granite. Furthermore, shrubs like the California Fuschia, bottle brush, and red buckwheat supply excellent full coverage that attracts gorgeous bumblebees, butterflies, and hummingbirds, adding an extra drop of life and loveliness to the surroundings.

Consider even incorporating a boxed herb garden into your rental’s front yard or porch. Potential tenants will love the idea of being able to pick fresh herbs such as oregano, parsley, rosemary, sage, and thyme for cooking and flavoring their meals. Best of all, the above-mentioned herbs are drought-tolerant and can even help repel mosquitos and pests, an added bonus that will hopefully make your job as a landlord easier by avoiding pesky invaders.

Despite the low maintenance nature of all of these items, keeping your rental’s front yard looking at its best still requires some assistance from time to time, whether that be trimming shrubs, pulling weeds, or running sprinkler systems. These tasks are rather small but can’t go without recognition. Therefore, make sure to discuss with potential renters the prospect of a little monthly yardwork fee, either to provide you with compensation for the extra work or for you to pay a gardener. This will also help offset the costs of replacing plants on the rare occasion that they do die.

Curating a front yard that you and your tenants are proud of doesn’t have to be difficult or costly. Following these tips can give your rental massive curb appeal at a low price. If you want a property manager to give you more personalized landscaping recommendations for your Long Beach rental, we invite you to call us today at (562) 888-0247 or you can fill out our Owner Application online .

Maintenance Items, Maintenance Record, and Property Expenses

getdustin@icloud.com (Dustin Edwards) — Thu, 18 Aug 2022 17:45:00 GMT

Keeping Records and Tracking Expenses is Essential For Property Managers

An inevitable aspect of operating your Long Beach rental is dealing with maintenance. While this can be a frustrating experience for you, it’s also very bothersome for your tenants and poses a potential safety hazard. Not to mention, tenants who are unhappy with the condition of your rental may not opt to renew their lease and even negatively impact your local reputation.

The best way to avoid these possible issues is by staying on top of key aspects of your property to minimize potential headaches. Although it’s impossible to predict every maintenance problem, completing consistent inspections throughout your property and making minor adjustments can have a major impact on property longevity and resident contentedness. Here are the best tips and tricks for keeping a low-maintenance rental.

Routine Check-Ups of Essential Systems

Routine check-ups are simple and easy actions that you only need to complete a few times a year but can save you from disaster. Along with common repairs , you should also complete these routine check-ups after tenants move out.

One of the most important items to check on frequently are smoke and carbon monoxide detectors. First off, you need to ensure that your rental meets the California Building Code that requires there must be one smoke alarm on every floor of non-sleeping rooms, one smoke alarm in every sleeping room, and one smoke alarm in every hallway that leads to a sleeping room. Then, you also need to replace all carbon monoxide detector batteries biannually. Similarly, you usually need to replace all smoke detector batteries annually, but some smoke detectors come with batteries that last for ten years. Understanding which kind you have is imperative to know when replacements are necessary. By doing this, you avoid any false chirping, which is both annoying and might falsely scare tenants into thinking there is a threat. Additionally, this gives you time to check on all the detectors and see if they are malfunctioning or broken.

It’s also important that you get your rental’s HVAC system serviced and cleaned by a professional once a year. Not only does this improve longevity, but it also prevents larger maintenance issues from coming up that would greatly inconvenience your tenants, especially during a heat wave or cold spell.

Though it’s good to check on appliances (especially washers, dryers, stoves, ovens, and refrigerators) to confirm that they’re working properly, everything has a shelf life and sometimes repairs or replacements are not always preventable.

How Expenses Can Help Your Rental Property

When it comes to these necessary repairs or replacements, remember that they can actually have a positive impact by improving property value and increasing interest for future tenants.

This is not only true for buying new appliances, but also for taking on much larger projects such as re-roofing, paving a new driveway, replacing flooring, or repainting. Yes, these projects may not be necessary , yet they can be incredibly valuable in boosting curb appeal.

Keeping Record of Maintenance to Your Long Beach Rental

Whenever you complete any of these tasks, write them down in a Maintenance Log so that you don’t forget to do them or accidentally do them multiple times. Additionally, keep a record of who completed jobs like HVAC system inspections or renovation projects for future reference. Maintaining these long-term connections can make scheduling projects or calling in emergency repairs much easier. Instead of hiring someone new and unfamiliar, you can use a trustworthy individual who you and your renters are comfortable and happy with.

This documentation is also incredibly helpful during tax time. Instead of aimlessly searching for receipts and hopelessly trying to remember dates off the top of your head, you can have all of your records in one place ready at your convenience.

Following these action items will ultimately make your life much easier and help you avoid various maintenance problems that would otherwise take up lots of your time, energy, and money. That said, even the most efficient and careful landlord can’t dodge everything. There will always be unexpected crises that creep up on you and your tenants; however, being prepared for them ahead of time will make them much easier to handle, especially if you have a reliable property management company by your side. To learn more, we invite you to call us today at (562) 888-0247 or you can fill out our Owner Application online .

When Making Repairs or Upgrades to Core Systems What Should You Consider?

getdustin@icloud.com (Dustin Edwards) — Thu, 11 Aug 2022 17:06:54 GMT

Keeping Up With Your Core System Maintenance/Upgrades is Essential

It's never exciting to have to make repairs to your Long Beach rental , but that doesn’t mean you should neglect your core systems. Well maintained air conditioning, plumbing and electrical are necessary to keep your tenants happy and reduce the cost of long term maintenance on the core systems.

When should you consider repairs over upgrades? How do you know when it's time to upgrade your core systems?

Join us as we go over the importance of your rental’s core systems, when to consider repairing and when to simply upgrade a system.

HVAC System

The HVAC (heating, ventilation, and air conditioning) system in your Long Beach rental makes sure your tenant is comfortably warm during the winter seasons and cool during the summer heat. Most HVAC systems have a lifespan of 10 to 20 years depending on maintenance and use. Inconsistent maintenance or an accumulation of debris on the HVAC unit can cause unwanted wear on the HVAC system. Usually HVAC units older than 10 years can appear to work just fine, but may have lost much of their efficiency over time. This can lead to an increase in your tenant’s utility bills which can upset tenants or cause them to move out.

When should I replace my HVAC system?

If your HVAC system is less than 10 years old and has been maintained properly, you should consider having a trustworthy HVAC repair company have a look at your system. They should be able to know if your system is worth repairing. Oftentimes if a unit is over 10 years old and causing issues, you’ll be recommended to replace the HVAC unit entirely. Trying to repair an older HVAC system may cost half of what a new one would cost to install. Many homeowners will recognize that a repaired system isn’t worth it in the long term.

Plumbing

Many homes in Long Beach were originally built in the 1940’s, in those times galvanized steel and cast iron pipes were popular and the standard for plumbing. Although these materials have a long lifespan, galvanized steel being 20 to 50 years and cast iron being 75 to 100 years joints and fitting can still fail long before the pipe does.

Currently the most commonly used pipes in homes are copper, pvc, and cpvc, though PEX plumbing has been growing in popularity for its ease of installation and flexibility which lowers installation costs although more expensive than pvc. PEX has fewer joints and fittings whereas pvc and copper are more rigid which requires a fitting for every angle and a couplers for longer runs. There is no best material for plumbing, price, time and the scope of the job tend to determine what should be used.

How do I know if my plumbing is bad?

Typically a tenant may notice plumbing going bad before the landlord does, unless you live onsite. If your tenant notices the following problems, it may be time to consider replacing your plumbing:

Strange odor in the water - this usually means there's a buildup of bacteria within the pipes.
Discolored water - water with unusual or brown colors can indicate rust in the water due to corrosion.
Slow drain - if a drain doesn’t unclog after cleaning agents or plumbing snakes. Your drain pipe may be severely corroded.

If the plumbing in your Long Beach rental has never been replaced it may be only a matter of time before a problem arises. It's better to stay ahead of the problem since replacing old pipes before they break can prevent water damage which can save you thousands of dollars over time. For large items such as replacing plumbing consider tackling these projects when a tenant vacates and prior to the new tenant occupying your rental.

Electrical

Electrical wiring in rentals often gets neglected, but should be a priority. Older homes like the ones in Long Beach CA could still be using wires with cloth insulation which can lead to electrical fires and thousands of dollars in damages. Sure electrical work can be expensive, but preventative maintenance in this case can save lives. For this reason we always recommend you hire a skilled electrician to do any repairs or upgrades.

How do I Know if My Rental Needs to be Rewired?

Some homes may not need a full rewire, others may just require an upgraded panel to a higher amperage or add a few circuits to the existing panel to meet the needs of modern homes. Below are some signs to keep an eye on that may indicate the need for electrical work.

Circuit breaker trips often - When a breaker trips often, this can indicate an overload of the circuit, a short circuit, a ground fault or a faulty breaker. This may require more circuits to be added to the panel. If this isn’t possible due to lack of space you may need to upgrade the panel to a higher amperage.
Old wiring - Old cloth wiring can be potentially dangerous especially when newer wires are connected to them. This may require an electrician to inspect your panel, switches, and outlets to determine if your rental needs a full or partial rewire.
Short circuit - If the home has outlets or lights that are off while there all the circuit breakers are on, this may indicate a short circuit. This should only require an electrician to replace the damaged wire however, an electrician may recommend additional circuits to avoid overloading any individual circuit.
Old panel - From the mid 1950’s to the early 1980’s homes may have installed a Zinsco electrical panel, these panels if in good condition are not a problem. But when there is even a small problem with Zinsco panels it can be dangerous and expensive. These should always be replaced as the breakers for Zinsco panels often cost more than 10 times the price of modern breakers.

Making sure the core systems in your Long Beach rental are well maintained and properly functioning can lead to happy tenants which will provide steady income. If you are unsure you need to replace the plumbing, electrical or HVAC systems or need help finding trustworthy tradesmen call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Have you Considered your Rain Gutters Lately

getdustin@icloud.com (Dustin Edwards) — Mon, 01 Aug 2022 23:51:27 GMT

Rain Gutters Help Prevent Damages To Your Rental Property

When was the last time you thought about your rain gutters? While it's understandable that rain gutters may slip your mind during our current rain drought, it's important to make sure they are in proper working condition before the rain begins to fall.

Gutters serve an extraordinary function in any home, especially rentals as proper redirection of rain water can mitigate thousands of dollars in repairs that can be caused from rainfall.

Luckily there are many options for rain gutters in Long Beach , from professional installation to DIY (do it yourself) friendly systems. Below are options and solutions for inspecting and replacing your rain gutters.

Inspecting Your Rain Gutters

Even with routine maintenance, it's always a good idea to inspect your rain gutters for leaks. Walk around your Long Beach rental property and visually inspect the gutters, keep an eye out for any cracks or gaps present in the gutters. If it passes the visual test, you should consider running water through the gutter system to test for leaks.

Before you start make sure you’ve cleaned the gutters from leaves, debris or the occasional bird nest. Once cleaned from debris simply take your water hose and secure it, you don't want the water pressure to move it. After the hose is secure, turn on the water and give the rain gutters another visual inspection. Keep doing this until you have tested the entirety of the gutter system, with some luck you’ll have no leaks. Or alternatively if you are unable to properly inspect them, contact a rain gutter specialist to inspect it for you.

If leaks are present, take note of the location and how much water leaks. There are times when you can go to a hardware store and buy a rain gutter to replace the broken section. If it is evident that you’ll need to replace the whole system there are options to do the work yourself or you could hire professionals.

Why are Rain Gutters Important?

Rain gutters play an important role in diverting rainwater away from your rental property. If they are leaking, or your rental doesn’t have rain gutters you can be putting your property at risk of water damage. Water damage can be a problem before you realize it, uncontrolled water can creep into the walls causing structural damage to the foundation of the home. Water damage to wall studs and internal walls, humidity in walls makes a perfect breeding ground for mold which can cause your tenants to have health problems.

Installing Rain Gutters to Help Protect Your Rental

If after your inspection you decide it's time to replace your rain gutter system there are plenty of options out there to fit your needs.

A popular option right now are seamless rain gutters. Seamless rain gutters use a single continuous piece of metal gutter typically made from aluminum but are also offered in copper. Since the gutters are a single piece, they are more rigid and reliable than sectioned gutters. And since there are no seams, there are fewer points of failure making leaks essentially eliminated. Depending on the linear footage of your home, the complexity of your roof and how many downpipes are necessary, prices can range from $1,000 to $5,000.

If you prefer the DIY option, rain gutter replacement isn’t considered a difficult job. Though you may be limited by what's available at your home improvement store. They usually carry 8ft or 10ft lengths of gutter made of aluminum or vinyl meaning you’ll have to put together your gutter system with the prefabricated lengths. And every 40 feet you’ll need a downspout that matches your gutter material and whatever necessary connectors.

We may be in a drought now, but you don’t want to be caught off guard and risk water damage. If you need help repairing your rain gutters or want to install seamless rain gutters call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Windows - Have you Tested them? Time to Replace? or Repair?

getdustin@icloud.com (Dustin Edwards) — Sun, 31 Jul 2022 23:24:07 GMT

Your Windows are An Important Part of Your Rental

Southern California is known for its amazing climate, especially in Long Beach. It’s not uncommon to see tenants leave their window’s open during these days to enjoy the nice weather. But like everything in a home, maintenance will eventually be required.

Below are some items we will address on what to look for when testing your windows. And when you should repair them or consider replacing them.

Maintenance for Your Rental Property

Window maintenance is important in keeping your property well protected from the elements. Unfortunately it is often overlooked by many landlords and tenants. Windows in homes not only let in daylight, and allow you to look out at amazing views, they keep water, dust, allergens, debris, pests and heat. It's an important job that if ignored can lead to thousands of dollars in damages.

Simple way to maintain your windows in great shape is to remember to clean them. This should be done at any time of the year and as frequent as necessary. Your windows deal with weather year round, so keeping them clean throughout is a good habit. Keeping windows clean is a great way to inspect them as well. Make sure they open and shut without resistance as this can be a sign of water leaking through the casing, seals or caulking. Even a small leak through the seals can lead to water damage, mold, and mildew. Leaks go both ways, and a damaged seal can let out cold air from inside the home, making for more costly electric bills and more wear on the A/C or HVAC. Check for gaps or drafts in the seals and if the caulking is dry and crusty consider re-caulking the damage.

Window Screens for Your Long Beach Rental

Window screens prevent unwanted pests from crawling into your home. A small tear can appear insignificant at first, though when you want to feel the cool autumn breeze that tear can let in flies, wasps or moths. These should also be cleaned regularly as they can accumulate dust and pollen. When damaged, you can replace the screen itself from the existing frame making it affordable and a diy friendly repair.

When to Replace

Old windows, though beautiful, are not energy efficient. Single pane windows don't have any insulation properties causing your cooling or heating systems to work harder to keep desired temperatures. That alone may not be enough reason to replace all your windows for double pane glass windows. Though if you notice cracks forming on the glass, damage caused by water leaks or having to reseal them constantly then double pane windows are an option.

Double pane windows cost an average of $350 per window, and would require you to replace all the windows in the home to benefit from their insulating properties. This price may seem steep but it's estimated that double pane windows can reduce energy use up to 24% in winter while 18% in summer. This can attract tenants who are looking for efficient homes and add curb appeal as an additional benefit. The maintenance or double pane windows are not much different compared to single pane windows, you’ll want to keep them clean though avoid pressure washers as this can cause seals to break. And unlike old single pane windows double pane windows cant be resealed as easily.

If you're looking to increase your Long Beach rental’s curb appeal while having a more energy efficient home with double pane windows, or simply need help with window maintenance in general call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

What is Your Rental Competing Against?

getdustin@icloud.com (Dustin Edwards) — Tue, 19 Jul 2022 04:30:00 GMT

Amenities Can Be A Deciding Factor for Tenants

When looking for a new residence, one of the biggest questions people have to answer is if they want to rent or buy. Renting options (such as apartments) provide them with greater flexibility, especially if they’re only planning on living in the residence for a short period of time. Additionally, they may not have the financial stability to buy. On the other hand, buying options (such as condos and houses) allow them to have a place of their own, which is especially helpful if they’re looking for long-term housing or want greater independence from overseers.

Given these benefits of buying, it’s important to equip your rental with benefits that can sway potential occupants. Below are some options to take into consideration.

What Modifications Would You Allow with Your Long Beach Rental?

For starters, it’s important to recognize that ownership is about more than having a place to call your own. It also comes with many additional benefits, such as having full autonomy over furnishings, remodels, painting, and flooring. These elements allow individuals to feel more at home in their space because they had a hand in designing it.

As a landlord, consider offering more freedom for your tenants to make the apartment their own. One of the easiest ways to accomplish this is by allowing them to paint and install decor. These are simple modifications that can really transform a space and give it the personality your residents are looking for. Furthermore, you can use this as a selling point for future residents, giving them the option to repaint the walls a color they prefer or offer to revert it to its original format.

While there are some costs associated with repainting, keep in mind that often after a long term rental you would have to repaint anyway and allowing that freedom of choice just might get you a tenant who stays longer in your rental.

Negotiations to Engage Happy Tenants

Rules tend to be much more strict for apartments, as property managers hope to keep the space in a transitory condition for future tenants. However, condos and houses do not often face this same level of regulation, as the Homeowners Association (HOA) usually only controls exterior aesthetics (i.e. outside painting and yards) and behavior (partying, noise levels, etc).

While rules are an important and necessary part of managing a rental, consider providing your tenants with the option of negotiating terms that they may not initially be comfortable with. For example, if your standard rental agreement has a no pet rule but a potential renter owns a cat, allow them to present a list of reasons why they should be allowed to keep their pet. Then, perhaps you can reach a compromise with them that has them put down a pet security deposit as part of their rental agreement. In this example, both parties win and the tenant feels like they have a bigger voice in the decisions of their residence.

Other times, negotiations may not present a solution that is accepted by potential occupants, and that’s alright. It’s impossible to please everyone, but allowing greater leeway when it comes to rule enforcement can make all the difference.

What Amenities Does Your Rental Offer?

Having a wide range of amenities can easily convince potential renters to choose your rental over buying, especially if these amenities would cost them hundreds or thousands of dollars to get on their own.

Common amenities include air conditioning, new and updated kitchen appliances, furnishings, and in-unit washer and dryers (as being able to clean your clothes in your own space feels much homier than going downstairs to a laundry room or having to trek to a laundromat). In condos and houses, buyers would need to purchase many of these items on top of the cost of the residence itself.

Less common amenities that will really stick out to potential occupants are garages, pools, cable and/or Smart TVs, and Wi-Fi. Again, these are additions that buyers would need to purchase themselves but are even less likely to because they often come at high costs.

Maintenance

A major positive of living in a rental is knowing that your landlord has to take care of all maintenance issues from leaky faucets to burnt out lightbulbs. Although individuals enjoy having greater autonomy over their residence, nobody enjoys dealing with maintenance issues and would be happy to have someone do the work of calling in repairs for them. As such, this should become a major selling point when attracting potential renters. Remind them of how tiring and annoying maintenance is and that these worries and inconveniences would be a weight off their shoulders if they lived on your property.

No matter what, having the option to buy a condo or house is always going to be a major cause for competition against renting. Nevertheless, you can really make your property stand out by implementing these recommendations. For more property management strategies we invite you to call us today at (562) 888-0247 or fill out our Owner Application online.

Maximizing Your Long Beach Rental’s Outdoor Space

getdustin@icloud.com (Dustin Edwards) — Wed, 13 Jul 2022 04:17:45 GMT

Outdoor Space Is Valuable Real Estate For Your Tenants

In Southern California, backyard areas are a necessity to enjoy the year-round heat and provide relaxation. Making the most of your Long Beach rental’s outdoor space will not only intrigue potential tenants but also increase your property value, earning you more profit and greater rental satisfaction.

Though designing and decorating your rental’s outdoor space may seem intimidating, here are a few tips and tricks to make the process a breeze.

Design Palette for Your Long Beach Rental

Much like planning any room indoors, outdoor spaces require a design palette that keeps everything structurally and aesthetically consistent.

For color, consider earthly tones rather than dramatic or vibrant colors that distract from nature’s beauty. You want your tenants' eyes to immediately be drawn to the beautiful foliage around them rather than a vibrant splash of color. Additionally, earthy tones on pillows and cushions blend well with wooden or metal furniture.

In terms of ground cover, grass, mulch, decomposed granite, or wood decking are all fantastic options. That said, given the warm climate and drought conditions that can impact Long Beach, grass can be very difficult and costly to care for, whereas decomposed granite is a much more cost-effective and environmentally-friendly option that looks sleek and is easy to maintain. Similarly, consider choosing drought-tolerant plants and succulents that can handle minimal watering but still look captivating, such as agave, aloe, bottle brush, hen and chicks, and moss rose. For more drought-tolerant plants, Las Pilitas Nursery has a large list of options specific to the Long Beach area (while shockingly being located far from Long Beach).

How will you section your backyard for maximum tenant enjoyment?

Once you’ve decided on a design palette for your outdoor space, it’s time to start thinking about how you want to section off your backyard and what amenities you wish to include.

The most standard consideration is finding comfortable lounge seats, a dining set, shade structures , and a grill area to provide your tenants with an area to cook steaks, host outdoor gatherings, or simply sprawl out and enjoy cocktails over conversation or the latest mystery novel. An outdoor living space is a rather simple yet major addition that will fascinate potential renters and utilize space that may otherwise remain empty.

Outdoor living spaces tend to work best on decks or surrounded by foliage that can provide extra coverage from the sun. Additionally, your rental could have multiple outdoor living spaces. Perhaps a dining set and grill on the deck and a fire pit amid the flora.

In a larger rental, pools can be another fantastic expansion . Pools are a great way for your renters to get exercise, have fun with family and friends, or cool down all year long.

It’s best to place pools near your outdoor living spaces so that when tenants get out of the water they’re able to easily sit down and dry off. Furthermore, this allows those who aren’t swimming to still be around the action. That said, it’s important to provide a buffer between the barrier of the pool and any seating areas to keep tenants and their guests from getting splashed and to prevent accidental slips or falls into the pool.

Considering these steps and additions can make your rental’s backyard an exciting and beautiful space that tenants will come to love and use frequently. Talking with a property management company can help make the process of making design choices easier by helping you narrow down which ideas are best for your Long Beach rental. For further assistance, we invite you to call us today at (562) 888-0247, or you can fill out our online Rental Analysis today.

Items to Consider When Evaluating a Duplex for an Investment

getdustin@icloud.com (Dustin Edwards) — Wed, 13 Jul 2022 04:01:24 GMT

Duplexes Can Be A Fantastic Investment Option

Duplexes are common properties for new landlords to invest in. Because of the low unit count, there is reduced maintenance cost and an efficiency in management of the tenants. Evaluating a duplex shares many similarities as evaluating an apartment complex, or any other multi unit property. But what should be analyzed to determine if the duplex is a good investment as a rental property?

We invite you to consider a few essential items when looking to invest in a duplex.

Return on Investment (ROI)

When looking for an investment property, regardless of type, the main thing you need to consider is the return on investment or (ROI). Unlike when searching for a home to live in, for an investment property you need to focus on the potential income. Instead of looking at whether or not you like the color of the property or if its location is conveniently near a school, hospital or shopping center, you should consider items such as:

How long before I need to redo the siding/stucco of the duplex
How much income the property can provide
What key systems (i.e. heating, AC, plumbing, etc) might I have to replace in the next 5 or 10 years

Keep in mind that if you are purchasing an investment property using the Multiple Listing Service (MLS), experienced investors may pass on the purchase at the given listing price. This doesn't mean that it’s not a good property, just that you need to be vigilant when inspecting the property.

Net Operating Income (NOI)

Sellers have an incentive to report low expenses on the property, however low reported expenses can mean that the seller may have been avoiding major repairs. Be sure to heavily inspect the roof, electrical, plumbing and foundation as these can be some of the more expensive maintenance costs.

The NOI is one of the most important numbers you should look at when searching for a duplex. NOI is the total amount of money earned after expenses with the expectation of interest and principal payments. Some maintenance expenses can be offset to your tenant such as lawn care.

Fair Market Rent

Appropriate rent price can be the difference between vacancies and long term tenants, making it important to gauge the market rent for the area of the duplex. Fair market rent can be determined by investigating surrounding rental options. Communicating with other nearby landlords about how much they are charging tenants for rent on comparable rental properties. Get as many prices as you can, and try to get an average price that should fit within the market.

Duplex as an Asset

For new investors, a duplex can serve two purposes. As you can live in one unit while renting the other, this brings with it a few issues like your tenant living next door and assuming you are available at any time.

Though generally speaking, unlike a single family house, when you decide to buy a new home, a duplex can provide positive cash flow from both units every month. In the inevitable event that a tenant moves out, rarely will you have both units vacant.

Maintenance and Management

A duplex usually won’t come with a home owner association (HOA) or condo fees or guidelines to follow. You can save money by doing maintenance yourself or hiring whomever you see fit for the job. With the property having 2 units, property management can become more cost effective and time efficient. For example lawn care and yard work for both units can be covered as though it were one.

If you have any questions regarding what items you should consider when buying a duplex we invite you to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Should I Install Solar on My Long Beach Rental?

getdustin@icloud.com (Dustin Edwards) — Tue, 28 Jun 2022 17:18:32 GMT

Solar Panels Can Be A Great Asset To Your Property

Many times when you think about solar power, you think about how it can lower the electric bill for your tenants. But how is solar supposed to help a landlord increase earnings from their Long Beach rental property ?

In Long Beach the average cost of installing solar is $13,500 for a 5 kilowatts solar panel system. The initial cost may seem high, so remember to research and investigate diligently prior to investing in such a project. Keep in mind that most of the cost can be offset to the tenant’s rent; which can be justified if your tenant’s electricity is included in the arrangement. It is important to communicate with your tenant about any price differences during the lease agreement so they understand why their rent may be higher.

Below we are going to go over how not only is solar an excellent choice to keep long term tenants happy. But how solar on your Long Beach rental property can benefit you as a landlord.

Reduce Electric Bills

For your tenant, reducing the electric bill is clearly the first thing to come to mind when considering the benefits of solar. Many tenants will like the idea of not having to pay for an electric bill even though there may be a higher rent cost associated with a property, with solar power installed. You can promote your rental as “electric utility included” as a perk of your rental while increasing the rent and attracting a wider market.

An investment in batteries will likely be needed to be completely independent of an electric bill as solar panel systems are only generating power during the day. An additional perk is if you live onsite, solar can reduce or eliminate your electric bill all together.

Reduce your Rental’s Carbon Footprint

Though not directly benefiting your income, reducing your carbon footprint and helping California reduce its dependence on fossil fuels is incredibly attractive to young tenants who are more conscious about environmental issues. Many tenants now are requesting for landlords to install solar for this reason. Having a solar array can attract tenants and will increase the value of your Long Beach rental property over time. By getting ahead of the curve, you can attract many younger tenants who are looking to better the environment for future generations.

Attract More Tenants

Listing your rental with a solar power system installed as a perk can attract tenants now more than ever. Aside from the financial benefits, solar power decreases the dependence on fossil fuels for energy. Many new Tenants who are looking for environmentally friendly homes to rent. Solar power systems also attract tenants who are looking for rentals with updated technologies, such as a smart home system or an electric vehicle (EV) charger. With the greater adoption of EVs, a dedicated charging outlet can attract tenants with EVs as well.

Whereas before solar panels were seen as a distraction from the look of homes, considered eyesores by some. Beauty is ultimately in the eye of the beholder, and solar panels have begun to look appealing and futuristic to young adults.

Increasing the Value of the Property

An excellent advantage of solar panels is the increased property value. Increased rent, while finding better tenants who are looking for an energy efficient feature like a solar power system. The increased rent can help you with financially recovering from the upfront cost of installation.

California has some of the sunniest weather in America, making solar power a viable power source for the majority of the year. If in the future you consider selling the property, the solar system can increase the price of the property, and buyers may be more attracted as well.

If you have any questions on the benefits of solar, or how to get solar installed on your Long Beach rental property, we invite you to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Uncommon Property Upgrades to Consider for Your Long Beach Rental Property

getdustin@icloud.com (Dustin Edwards) — Mon, 27 Jun 2022 03:54:40 GMT

Unique Upgrades To Increase Your Property Value

Vacancy can mean a reduced income from your Long Beach rental property, but it also gives you an excellent opportunity for upgrades to remain competitive in the market. Seeing what neighboring rentals are offering can give you an insight as to what upgrades you may want to consider to stand out.

To help you with a bit of inspiration when it comes to adding something new to your rental we invite you to consider four uncommon upgrades to catch the eye of potential long term tenants.

Adding a Pool

Long Beach, CA, has fantastic weather nearly year-round. The great weather gives added value to having a pool and making a pool for your Long Beach rental an asset . Pools can be a strong reason a tenant may decide to rent your property, especially if they are socially active, enjoy hosting parties, or are athletic. Many of the costs of building a pool can be offset by your tenants, including maintenance. Though we recommend that you ensure your tenant understands this when reviewing the rental agreement.

A pool on its own is excellent, and pool safety should be top of mind. If you build a pool, consider safety equipment and even a protective fence to mitigate accidents as much as possible. Many landlords shy away from renting properties with pools due to perceived liability, though a pool’s added benefits can make it an asset in Long Beach.

Adding a Hot Tub

Like a pool, a hot tub can be used nearly year-round in Long Beach, CA. However, unlike a pool, much less space is required to install a hot tub. Whether installed in the yard over an appropriate amount of leveled gravel (usually around 6 inches deep) or on a deck, a hot tub can be a luxury for tenants in the market for one. Some top-rated hot tubs at The Home Depot include Aqualife’s Niagara LS or Lifesmart’s LS600DX . If the hot tub is installed with complimentary hardscape and lawn decor can add curb appeal and even increase the value of your rental property.

Much like a pool, some safety precautions and discussions about maintenance are needed to offset the cost of installing the hot tub, especially if landscaping or electrical work is required to install it properly.

Outdoor Cooking Area

While having a meal outdoors can inspire relaxation and enjoyment from your tenants, consider building an outdoor cooking area. This can be as simple as a barbeque pit to provide tenants with the ability to host gatherings and serve burgers and hotdogs. Or as complicated as a custom-built outdoor kitchen with a refrigerator and plumbing.

The most significant benefit of having an outdoor cooking space is that it can be a great entertainment area. When hosting events, guests can gather outdoors and not crowd so much inside. Cooking over an open flame is dangerous indoors, and anything smokey can leave lingering smells in the living space. Outdoor cooking reduces the amount of smoke entering the rental, reducing much of the odors as well.

Outdoor Office Space

In recent times, many people are beginning to work from home exclusively. Many tenants are looking for dedicated office space when looking for a home to rent. There exist many options for independent office space. A popular solution is pre-built offices you can order and install on your Long Beach rental property. Studio Sheds and Work Pods are excellent solutions as they deliver everything you need in order to install their outdoor office spaces as a do-it-yourself project or, in Studio Shed’s case, offer professional installation. Depending on your city’s building code, both options rarely require building permits outside of electrical.

For more ideas on how to get ahead of the market or for help deciding what uncommon upgrades you can install in your Long Beach rental property, we invite you to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Improving Your Outdoor Lighting Solution for Your Long Beach Rental

getdustin@icloud.com (Dustin Edwards) — Tue, 14 Jun 2022 03:50:12 GMT

Outdoor Lighting Is An Attractive Offer For Potential Renters

Outdoor lighting is necessary to promote a safe and enjoyable ambiance for your tenants. It’s not uncommon for landlords to disregard ample lighting on their Long Beach rental. The best lighting for rental properties can be a safety feature to deter unwanted intruders and trespassers while preventing accidents like falling or tripping. Likewise, lighting can be implemented in ways that can be enjoyable for tenants too.

Listed below are some solutions to improve your Long Beach rental lighting.

Landscaping Lights for Your Rental

There are many options to consider with landscaping lights. For the most part, landscaping lights are lights used to accent features in the yard of your Long Beach rental property. There are many ways to go about highlighting key elements of landscaping such as:

Spotlights aimed up to highlight a tree
Spotlights pointing down from an elevated position down to display a beautiful garden.
Accent lights on river rocks where a fountain outpours

And beyond these ideas If you want to keep the natural look of your yard, hidden spot lights are also available. Incorporating lighting can even include spotlights whose housing has the appearance of rocks.

String Lights

Hanging string lights from the main house to the garage or gazebo can bring a warm atmosphere to any yard. Hanging lights around the perimeter of a backyard on a fence is a great way to illuminate the whole yard while being out of the way. If there is a tree in the yard, a string light can also be wrapped around the trunk or strung on the branches over a table to give a candle-lit feel to any meal. The soft illumination can contribute to great outdoor experiences like relaxing after work or evening gatherings.

String lights can be purchased at most home improvement stores. Some come with their solar panel making installation DIY(do it yourself) friendly. However, others may require the assistance of a handyman or an electrician.

Security Lighting

Keeping tenants and your Long Beach rental property safe should be a high priority for most landlords. Security lighting should be the brightest in backyards and should illuminate enough areas to scare off destructive animals or potential intruders. Many modern security lights have multiple forms of turning on built into the fixture.

We recommend hiring a quality electrician who can program the lights to your needs for installing security lights. As previously stated, many security light fixtures come with many options such as:

Dusk to Dawn - Which turns off during the day and on during the evening.
Motion Detector - This turns on when movement is detected within the sensor’s range.
Timer - This can turn on or off based on your personal preferences.

Security lights should be installed in front of garages or exterior siding where the lights can illuminate the most amount of your Long Beach rental.

Pathway Lights

Lighting pathways to and from your rental adds curb appeal and can help protect your tenants from slipping and injuring themselves. Path lights come in many options to suit nearly any home. However, they all serve the same purpose of illuminating where one is walking. This can be done in several ways with options for hardwired, which may require a handyman or electrician, or fixtures with mounted or remote solar panels if you don't want to add load to your electrical system.

If you want to add to the aesthetic of your rental fixtures that are visible next to the pathway, a good example is Shepherd Hook Path lights by Hampton Bay. If you prefer the lights to be more discrete, perhaps their Silver Integrated LED Path Lights are a better option.

There are many more ways to expand your Long Beach rental’s outdoor lighting . If you need more information about outdoor lighting or need help installing outdoor lights, we invite you to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Top 5 Reasons to Add A Tankless Water Heater

getdustin@icloud.com (Dustin Edwards) — Sat, 11 Jun 2022 21:56:33 GMT

A Tankless Water Heater Is A Great Option for Your Long Beach Rental

Like every home, occasionally there comes a time when equipment needs to be replaced due to damage or it's at the end of its lifespan. A water heater is one of these. Water heaters have evolved over the decades with newer water heaters being tankless. As your water heater ages, consider the options available for replacements for your rental.

We invite you to consider the following five reasons to replace your aging tanked water heater with a new tankless water heater for your Long Beach rental property.

Lower Risk of Water Damage

When compared to a traditional water heater, a tankless water heater does not store any water. A traditional water heater holds anywhere from 30 to 80 gallons of water within its tank. Modern plumbing code requires tank-style water heaters to have a temperature and pressure relief valve to prevent ruptures or leaks. Over time the valve may begin to falter, and rust or mineral build-up can clog the pressure valve. It's not uncommon for older, unchecked water tanks to leak or explode causing thousands of dollars in water damage.

Space Saver

Traditional water heaters are big, roughly 60 inches tall and up to 24 inches wide holding 30 plus gallons of water. Many times water heaters will require a small room to keep them from taking up space in the home which can be used for storage or more living space. A tankless water heater on the other hand is normally 28 inches tall by 20 wide and only 10 inches deep because it doesn't need to store any water. This means that it no longer requires as much space as a traditional water heater.

Efficiency

Tankless water heaters only heat up to use hot water when needed. While a traditional water heater needs to maintain water heated continually. A natural gas-powered tankless water heater uses far less gas throughout the day. A gas-powered tankless water heater uses around 200,000 BTUs (British thermal unit) per use, while a tank water heater burns around 50,000 BTUs per hour. The annual savings can be attractive to potential tenants. It is estimated that on average a household can save hundreds of dollars on their gas or energy bills.

Extended Lifespan

The traditional tank water heater’s life span is 8 to 12 years, up to 15 with proper maintenance and care. As they age they will require more maintenance in order to avoid the risk of water damage. Tankless water heaters on the other hand can last 5 to 10 years longer and with proper maintenance, meaning they can last up to 20 years.

Gas or Electric

Both gas and electric-powered tankless water heaters provide all the previously stated benefits. Having the option of either is just an added convenience. Each Long Beach rental property will have unique circumstances, which means each home may require a different solution.

When looking for a gas-powered tankless water heater expect to pay over $1,000. Gas tankless water heaters are more complicated to install. Sometimes needing to reroute gas lines and install a venting system for combustion and exhaust. The overall operating costs, however, tend to be lower due to natural gas costing less than electricity in most areas.

Electric tankless water heaters can cost on average $600 and require dedicated power and the water lines to be rerouted. We highly recommend hiring a reputable electrician to do the installation. Since there is no combustion with electric tankless water heaters, fewer modifications may be required to install. One concern you may have with the electric option is whether or not your home is equipped to run the power necessary for it. If your Long Beach rental property’s power is not adequate to run the electric water heater then this option will be expensive.

There are still more reasons to consider upgrading to a tankless water heating system. If you need more information about switching to tankless water heaters or need help installing a new tankless system we invite you to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Home Updates that Could Lower Your Insurance

getdustin@icloud.com (Dustin Edwards) — Mon, 30 May 2022 17:25:55 GMT

Lower Your Insurance and Update Your Home

Insuring your Long Beach rental property is necessary to protect your investment. Every insurance company's costs and coverage is different which means it is essential to contact your insurance agent before you commit to any changes in your rental property that you would expect could lower your rates. Your insurance agent should let you know what discounts are available and could be applied to your Long Beach rental property.

If you are wondering what property upgrades could lower your insurance rates consider the following:

Home Security System

Modern technology has made securing your Long Beach rental easier and more affordable. Many home security systems connect directly to your mobile phones and computers. There are plenty of options for security systems from traditional ones like ADT to modern, consumer friendly companies such as SimplySafe or Cove which are known to have flexible payment options, no contracts and customizable systems.

Keep in mind that home security systems are more common for a single family home personal residence. A tenant may not want to pay for the service so you as a landlord may want to opt for a security system to keep both your property and your tenant safe.

Leak Detection System

A leak detection system monitors water flow through a pipeline, until irregular behavior is detected. The system cuts off the water to the property by closing a valve inside the leak detector. Preventing major leaks and water damage to your Long Beach rental property. Many modern units can be connected to smartphones and tablets, notifying you if there are any abnormalities within your water flow even when you're not home.

Leak detection systems can sell on average for $500 - $2,000 depending on what system is being installed. MOEN and LeakSmart are great examples of smart leak detectors with automatic water shut off. Hiring a plumber is recommended to install the system which can add an additional cost of $200 - $500, but can prevent thousands of dollars in damages if a leak goes unchecked.

Replacing your Roof

Roofs are the first line of defense from weather in a home and may be the biggest impact on your insurance. Regular inspections of your rental properties roof’s condition is recommended once every 3 years for newly finished roofs. Or every year if it's nearing its 20 year lifespan. If you are unsure of the age of the roof, it is recommended you do yearly inspections. If you begin to notice the condition of the roof faltering, replacing the rental property roof with a new roof can prevent water damage in the home and could lower your insurance rates drastically.

Smart Home Technology

Some insurance companies may offer policy credits and discounts if your rental has smart home devices installed. Ask your insurance agent if installing smart home devices in your Long Beach rental qualifies for said discounts. Aside from discounts a “smart home” offers valuable security when incorporating smart locks, security cameras and gas or water leak detectors. Making “smart home” upgrades a great investment which can save on insurance.

Upgrading Wiring, and Plumbing

Many single family homes in Long Beach CA were built in the 1940’s making the home systems outdated for modern living. Replacing aging plumbing can reduce the chance of water leaks or sewage leaks which can be expensive and leave an off putting odor. Older homes sometimes use aluminum wires or knob and tube wiring which are exposed wires running through the attic and within walls. Over time the insulation on the wires begins to falter which can lead to electrical fires. A great rental property electrical upgrade to reduce this risk is a partial or full rewiring of the property. Modern copper wires can help reduce and prevent these kinds of accidents. Electrical fires and water damage being two of the most frequently filed homeowner insurance claims.

If you have any questions about other updates or you need a referral for an insurance agent who is familiar with rental properties we invite you to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Uncommon Repairs to Consider When a Tenant Leaves

getdustin@icloud.com (Dustin Edwards) — Tue, 24 May 2022 04:42:31 GMT

Consider Tthe Following Repairs When a Tenant Moves

When a tenant inevitably vacates your Long Beach rental property, there are a few items you should consider repairing. Common repairs include paint, flooring and general maintenance. Be wary though, as there are some items that if left unchecked could result in an expensive repair.

While the common repairs and maintenance are often expected by landlords, we invite you to consider a few uncommon repairs or at the very least inspect to make sure it doesn’t become costly.

Heating, Ventilation, and Air Conditioning (HVAC)

Cooling and heating in your Long Beach rental property needs to be working properly before putting your unit back on the market. After a tenant leaves, a routine inspection should be done on the HVAC unit. Many times a simple replacement of the filter is enough, but occasionally the unit itself needs to be cleared from debris as this can drastically reduce the HVAC’s efficiency and reduce the lifespan of the system.

Regular maintenance is key to improving functionality of your HVAC system. Failure to do this may lead to leaks which will cause the unit to work harder to maintain temperatures, putting unnecessary stress on the components. Faulty circuit wiring can also cause HVAC systems to fail, wiring can become damaged due to unwanted pests, a careless worker or even an earthquake. An $80 to $220 service call fee can save you over $5,000 in repair costs.

Electrical Wiring

Due to the majority of homes in Long Beach being built in the 1940’s wiring can be old and outdated. Old wires can become overtaxed risking electrical fires. Many older homes no longer have the ability to keep up with modern living. If you notice your tenant complaining about breakers tripping often, you may need to consider an electrical rewiring. This is an expensive job, and some homes only need a partial rewire to be safe to live in.

The cost of a rewire depends on the size of the home and cost of material among other things. You should expect between $5,000 to $15,000 depending on these variables although prices change regularly based on fluctuations in raw materials. Although there are some electrical upgrades that can be done to your Long Beach rental to help keep long term tenants as well.

Plumbing

Although water leaks can be common under kitchen and bathroom faucets, do not neglect outdoor water lines such as sprinklers and the mainline. If you wish to maintain curb appeal with a healthy green lawn, a broken sprinkler pipe can damage that image. It is difficult to notice anything wrong at first. If you or your tenant notice the water bill suddenly becomes obscenely high, this can mean there is a rupture in the sprinkler line. Common causes for these lines to break include the continuous pressure applied by compacting soil, animals digging or burrowing can chew through the pvc or tree roots can sever or damage the line.

Tree roots can also invade the main waterline, especially in older homes. Consider hydro jetting your pipes to clear out debris, tree roots or anything causing a back up in your plumbing. Hydro jetting blasts water into your drain at a high psi. On average the cost of hydro jetting is between $250 - $800, depending of course on the amount of pipes being worked on.

Water Heater

If your home is equipped with a standard gas water heater it should be inspected regularly every year. Many times these heaters are inside the unit which makes it difficult to coordinate with tenants for inspections. More importantly, it can be costly to bring a tech to inspect the heater every couple months. Generally you’ll want to look for water leaks, gas leaks or corrosion. If you feel like the water heater is becoming too much of a nuisance, perhaps you should consider upgrading to a tankless water heater.

A tankless water heater is smaller and more efficient than the conventional water heater, and can be gas or electric powered. Tankless water heaters do everything the older variety does, the only downside being the upfront cost. Installing a tankless water heater can range from $1,000 - $3,000 though some can last over 20 years. The most common form of maintenance done to tankless water heaters being a yearly delimeing of the unit’s heating element. Meaning a technician makes sure to remove any build up around the unit.

If you have any questions about other uncommon fixes you may need to look into after a tenant vacates your rental call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Is a Cool Roof Right for My Long Beach Rental Property?

getdustin@icloud.com (Dustin Edwards) — Sat, 14 May 2022 19:51:19 GMT

Cool Roofs Have Benefits For You and Your Tenants

With summer right around the corner, it is best to consider installing a cool roof. A “cool roof” refers to geoengineering designed to reflect more sunlight than a conventional tiled or shingled roof. This causes the cool roof to absorb less heat by reflecting energy and heat from the sun. These roofs are most beneficial in warmer climates, making Long Beach an ideal location to install cool roofs.

What benefits does a cool roof bring to my Long Beach rental? Today we want to discuss how a cool roof can benefit you and your tenants.

Reduce Energy Consumption

When we say reduce energy consumption, we mean it in a few ways. Your tenant will see a lower electric bill in the hot seasons as they will not need to have the air conditioning on constantly. Keeping a tenant happy and comfortable is one of the best ways to have long-term tenants. Long-term tenants, in turn, produce a steady flow of income. A lower electric bill for your tenants is a great benefit; however, reducing energy consumption goes further than that.

An additional benefit to lower power consumption is minor wear and tear on the air conditioning unit. Meaning you should expect the AC unit to last longer before maintenance or replace it due to heavy usage during the summer heat. Cool roofs can also help undersized AC units provide enough cooling when the heat rises.

Attract Tenants

By reducing the amount of heat transferred from the roof into the home, you can expect temperatures to be lower. Comfortable temperatures in the house are attractive to potential tenants. Long Beach can be very humid during the summer months making mold easy to grow. Low temperatures in the home can reduce mold growth, which can impact your tenant's health.

Many young adults looking for homes to rent are very conscious about lowering their energy usage. We have seen electrical grid failures and “flex alerts” to reduce power usage during past summers. A cool roof can ease tenants' worries about their power consumption during these times.

Evaluating your Roof

Keep cool roofs in mind while doing routine inspections of your Long Beach rental property’s roof. Before investing in a cool roof, it is essential to evaluate your current roof. Although, in the long term, a cool roof can be an intelligent investment, replacing your existing roof before it is needed may not be ideal.

Once you have decided to invest in a cool roof, understand that prices may vary compared to a conventional roof. The reason being is that there are plenty of options to choose from for cool roofs. Single-Ply Membranes is a rolled sheet of material installed on the roof's plywood. They are attached via chemical adhesives and fasteners. These are mainly designed for homes with a low-sloped roof. Cool Shingles are more akin to a traditional roof. The main difference being the cool roof shingles are made with reflective materials. Shingles are the most common roofing material used in the country. Cool shingles should be considered an upgrade when repairing or replacing your old roof. If you want to keep a traditional tiled aesthetic, consider using cool tiles. New tiles are manufactured to reflect more heat than before and should last years without losing value.

If you have further questions about the benefits of cool roofs or need help deciding what material to use, call us at (562) 888-0247 or fill out our free rental analysis to see what your rental could yield today.

Should I Replace the Windows on My Rental Property?

getdustin@icloud.com (Dustin Edwards) — Fri, 13 May 2022 04:48:20 GMT

Replacing Your Windows Can Save You and Your Tenants Money

Replacing windows should not be held up until one breaks. New, more efficient and useful windows are being used for a variety of reasons such as increasing market value, increasing curb appeal and reducing power consumption for your tenants. If your goal is to keep long term tenants, keeping them happy and comfortable is a must.

Below we will address why changing your windows can benefit not only your tenant, but yourself as a landlord as well.

Reducing Energy Consumption

If you are looking to replace old worn out windows, or building a new addition to your current rental, double pane windows offer many benefits. Double pane windows will usually have a small gap of space between two glass panels. This gap is filled with gas for added insulation making double pane windows more expensive than traditional single pane windows.

At first glance you may see this as a bonus only for your tenants. However keeping your tenant’s electricity bill low can absolutely give your tenants a reason to be happy. This transforms tenants into long term tenants. An additional benefit to you however, is by having a more efficient way of maintaining temperatures your tenants put less wear on your air conditioning or heating units. Meaning they will have more longevity and need less maintenance.

Weatherproofing

Most windows are designed to last between 15 and 20 years. Before you begin thinking about replacing them, consider weatherproofing. Most windows break before that time due to a stray ball or bad weather. Windows in poor condition can allow water to enter the property walls which can lead to water damage. It can rot wood within the walls, weakening the structure. It can stain or destroy drywall. And it can lead to an outbreak of mold and mildew which can cause severe health problems to your tenants.

If you are unsure of the age of your windows, it is recommended that at the very least inspect the windows on your rental property for any sort of damage or leaks. If there is any, replacing the windows at this point is suggested. As a proactive measure you should consider having exterior windows inspected once or twice a year, remember that prevention is cheaper than repairs.

Value of New Windows

The cost of new windows varies depending on the material of the window, usually wood or vinyl. As an example 10 vinyl windows can cost between $7,000 and $10,000 while 10 wood windows range from $8,200 and $12,300. This is a decent capital expense but the improvement to the rental property’s efficiency and curb appeal cannot be understated. With a wide variety of designs and styles replacing your windows can give your house a visually appealing look while modernizing the home. Installing energy efficient equipment like double pane windows can qualify for tax credit. While improving your Long Beach rental property.

Additionally double pane windows not only insulate temperature, they can also insulate from outdoor sounds. Noise from traffic, construction or neighbors can make it into your rental. Double pane windows add a thicker barrier between your tenants and the city sounds.

Replacing your windows is a great option for new landlords whether you are remodeling or building new additions to the rental. Double pane windows are especially great in the southern Californian summers when the heat gets intense.

If you have more questions about why you should replace your windows, or need help finding the right ones feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Electrical Upgrades That Can Attract Happy Tenants

getdustin@icloud.com (Dustin Edwards) — Fri, 29 Apr 2022 16:58:04 GMT

Electrical Upgrades Help Tenants and Landlords Long Term

In modern times electricity is used daily and for almost everything. Most homes in Long Beach were built in the 1940’s when the use of electronics and appliances was limited to a television, radio and a refrigerator. Homes of the time also lacked good lighting(at least when you compare it to modern options), usually allocating an outlet powered by a switch or wall sconce as the main source of light.

Unfortunately many older houses can’t quite keep up with the power necessities used today. Tenants have become attracted to homes that can accommodate their personal electronics as well as home offices.

While you might have considered larger rental property upgrades before, we invite you to consider select electrical upgrades that appeal to modern tenants. For electrical upgrades we recommend hiring a trusted and qualified electrician for these jobs.

Recessed Can Lighting

As previously stated, many homes in Long Beach don’t have the best lighting due to their age. A fantastic way to increase lighting and modernize a rental is with recessed can lighting. Getting rid of ugly and dated lighting fixtures for recessed can lights can not only bring great lighting to any room, but makes rooms look significantly more spacious.

You will find options available at specialty lighting stores or more general stores like the Home Depot or Lowes that allow you to select different sizes and trim styles. Many of the can lights come with your choice of light temperature from daylight to warm white. With the majority of recessed lights being LEDs, they can help keep tenant’s electric bills low.

Ceiling Fans

When hiring an electrician for lighting, ask them about installing fans as well. This can help with a couple of things. Living in Long Beach, having a fan in each room feels like a must. Whether your rental has central air conditioning, a fan gives your tenant a more economical option to stay cool. Ceiling fans also ensure proper ventilation and airflow which is a major component to preventing mold growth.

As an added tip. If you had your electrician remove a central light, having a fan installed in the same location can save you money in patching costs.

Modernized Receptacles

Simply switching old electrical receptacles with receptacles with USB charging ports in bedrooms and countertops can be alluring to tenants. If you have a larger budget, you can also add more receptacles around the house. In modern homes most rooms have 1 outlet per wall, or more depending on how long the walls are. If you are planning on offering your rental with one of the rooms as an office, you should definitely consider adding sufficient receptacles.

Many houses built in the 40’s tend to have only a few circuits for the entire house. Consider upgrading the rentals’ panel. A 100 amp service upgrade can have up to 40 circuits or 200 amp service which can have as many as 80 circuits. Having extra unused spaces helps to future proof the rental as well. As an example, 6 circuits are used in modern kitchens alone, whereas in the 40’s you would only have one and it might even be shared with other rooms.

Outdoor Lighting

Efficient outdoor lighting can attract happy tenants in more ways than one. Having exterior lights with photocell sensors (sensors sensitive to light) can give your tenants peace of mind knowing that the outdoor lights are only ever on when it is dark. When combined with a switch that can be controlled from within the house, tenants still keep the option to turn off lights as well.

Outdoor lights with motion sensors have the added benefit of security. They can alert tenants if there is someone on the property. They have also been shown to discourage people like porch thieves and trespassers. Motion sensor lights are also a practical solution when arriving home after the sun has set and it becomes difficult to see.

If you have any questions about electrical upgrades that can help attract tenants, or need help finding the right electrical upgrades for your rental feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.The body content of your post goes here. To edit this text, click on it and delete this default text and start typing your own or paste your own from a different source.

What are Common Repairs to Complete When a Tenant Leaves?

getdustin@icloud.com (Dustin Edwards) — Fri, 22 Apr 2022 20:15:16 GMT

See the Common Repairs Once a Tenant Leaves

As much as we want to keep long term tenants, it's an unavoidable fact that at some point you will have some vacancies. There will always be some sort of maintenance that will be needed to complete before putting your rental unit back onto the market.

Below are a few repairs that will need your attention before listing your rental as well as potential upgrades to compete with a more modern market.

Flooring

One of the first things you may want to look at is the property’s flooring . Do a thorough inspection of all the rooms. Depending on what kind of flooring you have there may be no maintenance required other than a simple cleaning.

If your rental has tile flooring, make sure there are no broken tiles as this can cause injury to future tenants. Making sure the grout between the tiles can help reduce bacteria and mold which can cause bad odors.

Older homes tend to have wood flooring, if this is the case then having them be bright and shiny can be attractive to new tenants. Sometimes a proper deep clean is all you need to bring life back to dull hardwood flooring. If your previous tenant wasn’t vigilant about pets or dirt on the wood floor, you may have too many scratches and may require a refinish.

Wood flooring

If your Long Beach rental has carpeting, make sure to replace it if it is moldy, unsanitary, or ripped. Although there is no law that governs aesthetics, if the carpet is stained or very old we would recommend replacing it in order to increase its appeal.

Vinyl and Linoleum should only be replaced when needed, or if you would like to change the aesthetic of the rental by replacing old vinyl and linoleum with a more modern pattern that can last 10 - 25 years for vinyl and 20 - 40 for linoleum.

Paint

When a tenant moves out of your rental, you may inspect the walls and think to yourself that the paint looks fine, and you may not need to repaint. Looks can be deceiving however, a closer inspection can reveal faded paint, that can make a room look dull and unappealing. If you find cracks or holes, this is the time to patch them up. Old paint can absorb odors from the previous tenant. A fresh coat of paint is highly attractive to potential tenants. The look and smell of fresh paint on the walls can make your rental feel newer and brighter. Keeping the colors of the paint simple neutral colors like light gray or white is an easy and affordable choice for rentals. As you would rarely require more than a couple coats of paint to get desired results. Just be sure to not paint over electrical outlets and switches as the pain can cause them to become faulty.

Cleaning

It goes without saying that a clean rental is necessary to attract new tenants. Eliminating bad odors, dust and grime is critical for the success of your rental. You only get one first impression. In addition to general cleaning, you will want to pay attention to less obvious parts of the rental. Fan blades, window blinds, and light fixtures can accumulate dust, which can trigger allergies and contribute to bad odors. In a kitchen, the microwave, the inside of the refrigerator and the kitchen sink need the most care as they tend to hold the majority of foul odors. Be sure to replace or clean the filter for the stove hood as well. Once you’ve reached the bathrooms, check for mold or mildew. Take care of these issues immediately as they can cause health problems for your tenants. This can be a result of poor ventilation, check the bathroom exhaust fan if you have one, and consider having one installed if you don’t. Finally if can access the AC filter clean or replace it to have fresh cool air when showing the rental to future tenants. If you don’t have access to the air filter contact a handyman or HVAC company to replace them.

General Maintenance

While inspecting the rental make sure to take note of any general maintenance that needs to be kept up with. If the showers or faucets are leaking or if any of the drains are backed up, you may need to call a plumber or handyman to fix the problem, or replace the faucets if needed. If you are providing any appliances as added amenities in your rental, make sure they are working appropriately . Common issues can be a dishwasher leak, or a break in the water line for the refrigerator. If you don’t provide appliances to your tenants now would be the time to consider it . Electrical outlets are some of the more important aspects of general maintenance. Not only should you make sure the standard outlets read 110v. You should use this opportunity to upgrade some outlets to outlets that incorporate USB sockets.

If you need more information about how to prepare your rental after a tenant moves out feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

How to Increase or Improve Your Investment in Long Beach Real Estate?

getdustin@icloud.com (Dustin Edwards) — Fri, 22 Apr 2022 03:28:21 GMT

Consider the following to improve your Long Beach Property

Investing in real estate in Long Beach can feel overwhelming, especially if you're new to real estate. In order to have success you will find that patience is a key component as it takes time to grow your portfolio and reduce your loan balance. With patience as a cornerstone of investing you will discover that you can develop a portfolio of units that have high occupancy and are in good condition.

The world of real estate demands constant adjustments to maintain a high level of renter satisfaction and to ensure your assets are giving you the yield you desire. Though the concept is simple, it’s important to analyze what kind of units to expand to and any financial benefits you can utilize.

Read on to discover 3 ways to grow or improve your Long Beach real estate portfolio.

Adding Different Types of Real Estate Assets

Choosing the type of asset to expand into is an important choice to make. Throughout Long Beach, there are several types of units such as single family homes, condos, townhomes, duplexes, triplexes, 4-units and even apartment buildings.

Single Family Homes

They are the easiest to get started with. Maintenance on single family homes tends to be easier because there are no shared walls or utilities. Keeping the unit rented is much easier because the single family homes tend to be rented by families who establish connections in the community. The downsides of single family homes are the strict limitations to any possible expansion based on zoning laws, and depending on the year it’s built, a single family home could require new plumbing to be installed as the old ones become corroded.

Townhomes and Condos

They tend to be part of larger complexes but they are also a viable way to expand your portfolio since the initial purchase price tends to be lower. Maintenance is also reduced when compared to traditional homes because most tend to have an HOA that takes care of any large challenges with maintenance items. The caveat here is shared walls as well as any restrictions the HOA may incur on your unit. You may not be able to rent out to anyone you’d like or if you have an affordable maintenance person, the HOA may require you to use their more expensive person.

Duplexes, Triplexes, and 4-units

These types of properties are among the most typical units for investors that are starting out. The size of 2-4 units provides enough flexibility in both purchase price, maintenance costs, and tenant availability. Prices for these units are slightly higher than a townhome or a condo but there are no monthly HOA fees or guidelines to abide by. This means you can utilize your own maintenance person. More importantly, tenants tend to gravitate towards these smaller units because they often have a shared yard, not many neighbors, and provide a better home feeling than apartment buildings.

Small Apartment Buildings (5-15 units)

These are usually the best alternative to grow your portfolio. Managing small apartment buildings can be a challenge if you’re coming from a single family home, but the maintenance is incremental and most tenants are comfortable in a small unit that has shared outdoor space. The largest barrier to entry is the initial cost to purchase one. However there are ways to finance these units.

Expand Your Existing Rental

You can improve your investment by expanding rental properties you already own. Adding a second bathroom can be an appealing feature to single family homes. Second bathrooms are an attractive commodity with tenants with families and with so many people working from a home office having a second bathroom can be a useful asset when adjusting rent prices.

Bedrooms are some of the first things that get advertised when a rental unit goes into the market. Having more bedrooms allows a property to rent for higher prices. Many tenants are looking for extra work space meaning an additional room can increase the market value of your rental.

Accessory dwelling units (ADUs) have the highest upfront cost however, the costs for scaling up an ADU is not exponential. Meaning you can have more value for larger units. Granted the overall size is limited by the amount of space you have available.

1031 Exchange

If you feel like it is time to sell your investment property for something bigger, consider a 1031 exchange. Like the saying goes, it's like hitting two birds with one stone.

A 1031 exchange is when in real estate, you sell one investment property like a single family home and reinvest the proceeds from the sale in another property of equal or greater value like a duplex or 4 unit, and allow capital gains taxes to be deferred.

When choosing a replacement property there are some rules. The property must be held for investment, and not for personal use or resale. Usually this suggests ownership of at least two years. You have to identify a replacement property for the sold assets within 45 days and complete the exchange within 6 months.

If you need any help increasing or improving your Long Beach real estate or have questions about a 1031 exchange feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

How to Evaluate the Success of Your Long Beach Rental

getdustin@icloud.com (Dustin Edwards) — Mon, 18 Apr 2022 22:08:59 GMT

Evaluate Your Rental's Success Correctly

As new owners of a rental property in Long Beach CA , the main goal is maximize the value of your asset. With many ways to determine the value of a real estate asset, how can you determine if you are getting the most from your rental? Today we want to share a few key strategies you could use to evaluate the success of your Long Beach rental property.

Rental Amount vs Current Market

Determining a fair market rental value is key for the success of your Long Beach rental. When landlords fail to adjust to the current market, it can increase vacancy rates and lower the yield on the asset.

Some landlords may want to over charge their tenants, this can lead to empty units that would otherwise provide cash flow if priced fairly. On the other hand, undercharging for units can be a financial burden as you would be leaving money on the table month after month.

Much like the price of real estate, rents can change based on current market pricing, supply and demand of rentals. When deciding on a fair rental amount, you should use as many data sources as possible to establish a baseline for your rental. Learn how much comparable units in your area are renting and consider factors such as:

Square Footage
Number of Bedrooms/Bathrooms
Condition
Curb Appeal
Parking

Other elements that can help determine rental rates are:

What type of unit are you renting? Single Family, Apartments or Townhomes. Each type of property will have a different rental amount and demand.
What amenities are included in the unit? Air conditioning, washer/dryer or other appliances.
Where is it located? Location is crucial as some neighborhoods are more desirable and fetch a higher rent price.

Yield vs. Value of the Asset

Rental yield measures profits generated annually from the investment as a percentage of its value. You can use your rental yield to evaluate the profit from your investment. High yield properties bring in steady income. Ideally you should be looking for a rental yield above 5% for stable rental income. Understanding and observing property values and their rental yields can be a helpful tool when investing money in your own Long Beach rental property.

Return on Investment (ROI)

Measuring your return on investment to determine your property’s profitability is important. ROI measures the profit that is made on an investment in the form of a percentage of the cost of said investment. It demonstrates the effectiveness and efficiency your investments in your property are being used in order to produce profits.

Although there is no defined formula for calculating ROI on a rental, due to there being too many variables. A simple way to calculate ROI is, subtract the initial value from the current value and divide the number by the beginning value.

ROI = (current value- initial value) ÷ initial value

Normally, a 10% to 15% return is considered good, though due to all the variables included with a rental property such as repairs, vacancies, and other unexpected costs the results can change greatly.

Tenant Occupancy Rate

The occupancy rate of rental properties can have an extreme effect on its profitability. Occupancy rate is the number of months in a year your property will be occupied by tenants. Generally keeping tenants long term makes the relationship between profits and occupancy a mostly positive correlation.

There’s a number of circumstances that affect occupancy rate. Some can be controlled by either the landlord or property management company like developing accurate rent estimates for your area, marketing your vacant property aggressively, and screening tenants to receive credit reports and rental history in order to find ideal tenants. While other circumstances are dictated by the market.

If you feel you need help evaluating the success of your Long Beach rental property feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

What To Expect From a Property Management Company For Your 5-15 Unit Complex

getdustin@icloud.com (Dustin Edwards) — Sun, 27 Mar 2022 23:31:41 GMT

Important Items To Look For In A Property Management Company

Having a multi-unit apartment complex can bring many financial benefits. Though many first time landlords of apartment complexes want to manage their buildings on their own, it is soon realized that there is an abundance of work involved. This is when you should consider using a property management company .

Below are a selection of services you should expect from any property management company that is going to manage your 5-15 unit apartment complex.

Online Logging of Tenant Requests

Keeping track of tenant requests can require personal and unique service, depending on the tenant. Keeping consistent and detailed logs of tenants requests should be expected from your property management company. Tenants can come with many different requests ranging from being locked out of their unit to needing repairs within it.

Having a large number of tenant requests being processed can be complicated. In worst case scenarios can lead to long term damage if not handled with due diligence. When keeping track of multiple units in your Long Beach rental property, making sure that there is an online logging system to record tenant requests is to be expected.

Property Maintenance Handling

Just like keeping track of tenant requests, your Long Beach rental property also requires documentation when it comes to handling maintenance. A good property management company will be able to keep track of scheduled maintenance. They should also run routine inspections in the building in order to find anything that is broken or damaged to either be upgraded, or replaced.

A property management company should be capable of receiving, issuing and coordinating repair requests. Providing documentation during the process and completion of said repairs.

Rental Surveys Consistent with Local Neighborhood and Unit Mix

To make sure that your rental property is appropriately priced per unit, you should expect your property management company to be able to conduct rental surveys. They should be able to have a spreadsheet to compile the results of the rental survey with information such as:

Monthly rent
Square footage of the unit
The rent per square foot
Special (ie moving in discounts)
Upgrades
Amenities

They should gather data from as many comparable properties in the area in order to eliminate any outliers. You should expect a property management company to have enough information to be able to compile the data within the properties they manage and other ones in the area to determine appropriate rents.

Recommendations to Help Keep Rents Increasing with the Market

The rental market is changing constantly, you need a company that can give recommendations to keep rent within the market rates. It's important to understand that rent can only be increased once annually and increases cannot exceed 5%. In order to keep up with the market a property management company may recommend changes in policy to allow pets. Or changing the exterior of the property to improve its curb appeal.

Maintaining Occupancy Rate with Increasing Rents

Increasing rent is important, yes. Keeping a high occupancy rate while increasing rents is what you should expect from a property management company. While making sure the condition of the building and individual units are adequate, tenants should feel comfortable and happy. Being upfront when signing a lease about rent adjustments and giving them ample time before the adjustment will keep tenants from feeling surprised. If you keep a tenant happy there is a higher likelihood of them considering rent increases as an acceptable cost to live in your building vs. moving to a new unit elsewhere.

If you are looking for a property management company to manage your new 5-15 unit apartment complex feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Why Most People Don’t Switch Property Management Companies

getdustin@icloud.com (Dustin Edwards) — Tue, 22 Mar 2022 01:24:03 GMT

Switching Property Management Can Be A Difficult Decision

Why Most People Don’t Switch Property Management Companies

It is difficult to understand when you should switch property management companies . Many times landlords feel as though the property management company has to have done something wrong in order to make the switch; this is certainly not true. There are a wide range of reasons to switch property management companies. We invite you to discover a few items of why people switch property management companies in this article.

How do I Compare Property Management Services?

Comparing property management companies periodically (at a minimum annually), is a prudent and effective method to understand if your property management is keeping up with the industry. You’ll find the top 3 categories to evaluate your property management company listed below.

Communication - Good communication is essential when running any business, and managing your Long Beach rental property is no different. Conflict is often the result of a misunderstanding, due to a lack of communication. A property manager’s job is to make sure everything runs as smoothly as possible while communicating effectively to minimize any misunderstandings. This means everything from how a property management company communicates with an owner to the tenant calls that they manage for your property .
Knowledge - A property management company should be able to provide reports on your rental property. A financial report that records rent revenue and maintenance costs. And a physical report to provide the landlord with information on necessary repairs, general maintenance schedule. The provided information will aid in evaluating the property’s results.
A property management company should be able to keep up to date with the changing laws in order to avoid any unexpected expenses since laws in Long Beach and California change often
Tenant Satisfaction - A competent property management company should understand that keeping tenants satisfied is as important as maintaining the rental property. Though tenant dissatisfaction can’t always be foreseen. In order to reduce tenant turnover it’s essential for a property management company to be able to keep up with market trends, maintenance and provide customer service to tenants.

How Do I Part Ways with My Current Property Management Company?

First, check the cancellation policy section of your contract with your current property management company. The policy may ask for a waiting period once you inform them of termination, usually 1 or 2 months. This section might also include an outline of any fees that are associated with canceling their services.

If you are under a yearly contract with your current property management company, you may have to prepare for possible costs. Not only the canceling fees but you may be required to provide payment for any work orders or bills that have not yet been accounted for. These tend to come up after the contract is terminated.

Since your property management company may be taking care of communication with your tenants, be sure to inform your tenants that there will be a change in management or ask if your new property management company has a transition letter you can use. Tenants should be informed in writing if you intend to take over yourself or have another property management company take over. The information in the letter should include who will replace the previous company, who to pay their following rent payments to and when the management transfer will happen. To ease any insecurities with the tenants, inform them that their security deposit has also been transferred.

What to Expect from the New Management Company

You should expect them to manage day-to-day affairs. They should be able to run your Long Beach rental properties day-to-day matters including handling tenant requests, complaints or emergencies and documenting them. They should keep a database of well qualified prospective tenants for any future vacancies that may arise. Professional rental analysis of your area and your competition.

At Beach Cities Property Management, our mission statement is to manage residential income properties with a completeness and totality that relieves our clients from any and all concerns with day-to-day management and accounting.

If you are looking to change your Long Beach property management company and have questions about our monthly property management services feel free to call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Thinking of Engaging an Architect to Improve Your Rental Property?

getdustin@icloud.com (Dustin Edwards) — Fri, 18 Mar 2022 04:13:26 GMT

An Architect Could Bring Valuable Ideas to Improve or Increase Your Long Beach Rental Property

There are many reasons why you could improve your Long Beach rental property. When you engage with an architect be sure to request references of previous projects both completed and in various stages of construction. Especially when considering using an architect for a rental property, ask the architect about their experience specifically with rental properties as the approach differs dramatically when compared with a personal residence. Be clear with them about your ideas as well as your budget. Ask clarifying questions about costs and timeframes.

Below are some suggestions of what could add additional value to your Long Beach rental property.

Adding a Bathroom to Your Rental Property

Adding a second bathroom to a single family home rental property can give your tenants a second option to get ready in the morning. With many people working from home, bathrooms are a hot commodity especially if there are children and multiple people getting ready. A two bathroom home is generally far more appealing to tenants and will often fetch higher rents.

The cost of a new bathroom is about $22,000 for a new addition on average. Adding a bathroom to an existing space can be $7,600 on average but you will lose square footage in the living spaces. When you add a new bathroom factors that increase costs include:

Location
Size
Design
Age of Property

There is also the possibility of unexpected costs to keep in mind. Be sure to put additional money into your budget in the event problems arise once the walls begin to come down. Problems such as leaks, mold, pests or worse, are common to uncover. It's better to be prepared and if there is nothing unexpected, the extra money can go back into the general budget.

Adding an Additional Bedroom to Your Rental Property

More bedrooms can allow a property to rent for more. An additional room can increase market value as many new tenants may be looking for the extra space to work from home or if they are looking to start a family. A benefit of adding new bedrooms is the added square footage. More square footage, means your property could sell for more should you ever want to.

A more affordable option that doesn’t add square footage is dividing an existing space into a seperate bedroom. Depending on what room is being divided installing a wall can range between $2,500 to $6,000 per wall. And an additional $1,000 to $2,000 if you need to add doors and windows. In these scenarios an architect's advice on the flow of the floor plan can be essential and consulting with a property management company on what is common in the neighborhood can help you in your decision making process.

While some additions to your Long Beach rental can be more demanding like bathrooms, bedrooms in comparison are far easier. When adding an additional bedroom you have no need for additional plumbing. The cost to add a bedroom is in the range of $15,000 to $17,500 from foundation to roof depending on the size.

Accessory Dwelling Units (ADU)

When you are thinking about developing an ADU in Long Beach for your rental property your first thought will probably revolve around upfront costs. The statewide median cost of an ADU is approximately $250 per square foot. While many people initially only consider adding a small unit, it is important to understand the neighborhood and market. Though this is the largest investment of the ones listed, the costs for upsizing an ADU is not exponential. Meaning you can build a larger unit and gain overall value for it.

Consider the configuration you want for your ADU because this will determine the size of the ADU. To determine what a fair, marketable rent should be, examine the cost of other rental in the area including single family homes, apartments, or townhouses.

When it comes time to add more space to your Long Beach rental property there are many choices to consider. To help you understand how adding bedrooms, bathrooms or an ADU can contribute to your monthly rental income, or how they can increase long term value to your property call us at (562) 888-0247 or feel free to fill out our free rental analysis to see what your rental could yield today.

Does Your Long Beach Rental Embrace the New Work from Home Concept?

getdustin@icloud.com (Dustin Edwards) — Tue, 08 Mar 2022 03:21:47 GMT

A Home Office Is A Great Way To Make Your Property More Desirable

The world is finally opening up and many people are realizing that working from home is a better option than going to the office. New tenants may be looking for options to work from home and embracing this concept for your Long Beach rental can increase your chances of gaining long term tenants. Offering a rental with a dedicated office can add an additional $350 -$750 a month depending on the location.

Before you start repurposing or building a dedicated home office, contact your property management company. It will help to get advice from experts that know your property.

Repurposing a Room

The easiest way to achieve a work from home concept is by repurposing an existing room and converting it into a dedicated office. This can be a smaller bedroom with a good source of natural light whether it be windows or skylights on the ceiling.

Lighting should be a top priority. Having ample light can reduce the tenant’s eye strain and headaches. Painting the wall a neutral color such as white or a light blue is recommended as well. Finally, making sure to add additional outlets to the room for computers and other devices is helpful to minimize the use of extension cords as there are risks to overloading a single outlet.

If your rental is furnished, consider having a good office chair and desk with adjustable heights. Some tenants may prefer to work standing. Plenty of shelves and office storage Repurposing a room for a dedicated office can reduce immediate storage space but there are ways to increase small storage upgrades to your Long Beach rental and keep your tenants happy.

Building an ADU

If budget allows it, building an ADU (accessory dwelling unit) to be a dedicated office in your rental can add square footage to the property. It can also give you the liberty of designing a room to be more suitable as an office without any compromises.

However, the trade off is an average build time of 3-4 months due to planning, permits and designing. Additionally the costs can be large depending on the size of the ADU. Costs range from approximately $150 to $300 per square foot. ADUs are a great option if your budget allows because they can add value to your Long Beach rental property .

Prebuilt Office

A popular solution to adding office space to your Long Beach rental property is the use of Office Pods or Studio Sheds. These are quick solutions to adding office space in a short amount of time.

Work Pods ship everything necessary to build a stand alone home office for $23,000, these can be installed on common surfaces such as brick, concrete, gravel or simply grass as each pod comes with a hassle free foundation that is adjustable to accommodate most terrain while being designed to distribute up to 4 tons of weight evenly. Each work pod has a simple port to connect power, all you need is to connect the provided 66 ft cable. One side to the pod and the other to an outlet. Preferably this outlet should be a dedicated 20amp 110 VAC 50hz/60hz circuit. With dimensions designed to be under 100sqft, Work Pods are DIY friendly and usually don't require permits. It's best to check with the city to be sure of this.

Studio Sheds have a similar concept, though more models to choose from with square footage ranging from 64sqft to 256sqft and pricing ranging from as little as $13,910 to $19,265. Much like the Work Pods, a Studio shed may also require a building permit depending on the model you choose from. They also offer an option to have the Studio Shed professionally built and installed. For the electrical, it is your responsibility to make the connection and may require you to obtain an electrical only permit, which is usually simpler than a full building permit.

Adding a home office to your Long Beach rental can be an asset, if you have any questions about building an ADU or buying a prebuilt office call us at (562) 888-0247 or fill out our free rental analysis to see what your rental could yield today.

5 Unexpected Tenant Calls that Property Management Companies Handle

getdustin@icloud.com (Dustin Edwards) — Mon, 28 Feb 2022 03:20:28 GMT

Unexpected Calls and How You Can Help Manage Them

When renting out your first property in Long Beach, your first instinct might be to manage the property yourself. This decision can be more expensive in the long run compared to having a property management company, as they may have more experience in dealing with tenant calls that you may not expect.

When a tenant calls there can be a number of reasons as to why. Some are as simple as a noise complaint or they have lost their keys, while others can be more serious like there is water pooling under the sink. There are many different calls that property management companies deal with, below are just a few unexpected calls that we take care of.

I Have Misplaced My Keys or Locked Myself Out

While this is a common call, you would be surprised at the different hours this call comes in. Remember that accidents can happen at any time, day or night. Perhaps your tenant locked themselves out while taking out the trash or lost them after a night out. Be sure to always have an extra set of keys in case this situation arises.

Lights Keep Turning Off

Usually when lights go out, the response is to check the circuit breaker and reset it. In

situations when this has happened a number of times the root cause may be more serious. Especially in older properties that were not built to accommodate all the electronics being used today. This means that the circuit breaker controlling the lights may be overloaded due to it being shared with other outlets in the rental or the circuit breaker is faulty, either way for a job of this magnitude you may need to contact an electrician.

My Window has Been Broken

Kids will be kids, and unfortunately that means that sometimes a stray ball or something similar can find its way to your rental properties window. In these cases cleaning the shattered glass and calling a window repair service is the priority. If your local window service can’t immediately come to repair the window, temporarily secure the window opening to prevent hot or cold air in or out. Securing the opening will also keep wild critters from entering through the broken window.

Water is Coming Up the Bathtub/Shower Drain

Having a backed up tub, shower, toilet, or sink is rather common and often can be fixed with a plunger. Sometimes a backed up tub, especially if the water smells like sewage, can indicate a serious problem. It could be a blocked main line, but could also be a clog in a plumbing vent. These vents allow sewage air escape out of the roof of the home. They are used to regulate air flow in your plumbing and assure waste and water flow through your pipes. When they become clogged usually by leaves from neighboring trees the sewage air and water may come up from the drains.

Water Stain or Leak from the Ceiling

When a tenant calls about a water stain or leak from the ceiling it is important to address immediately. As a stain can be the symptom of worse problems. This can be caused by a leak in the roof and if water has already leaked into the ceiling it means that you’ll need to send someone to inspect the roof and remove any wet insulation in the attic. Delaying this can cause mold to grow and in a worse case the ceiling can come crashing down.

If your Long Beach rental has multiple units, having water leaking through the ceiling can also mean the tenant in the unit above has a leak they may not be aware of.

These are only a small number of calls we handle for you when you have your rental properties managed by Beach Cities Property Management, if you have further questions about unexpected tenant calls feel free to call us at (562) 888-0247 or fill out our free rental analysis to see what your rental could yield today.

How a Pool for Your Long Beach Rental can be an Asset

getdustin@icloud.com (Dustin Edwards) — Fri, 25 Feb 2022 20:43:49 GMT

A Pool Can Attract New Tenants

Southern California has great weather most of the year and having a pool for your Long Beach rental can be an asset to keep your tenants happy during the warmer months. Many first time landlords may be nervous about buying a rental house with a pool . Many fear the liability that comes with renting a house with a pool and other experienced landlords shy away because of the maintenance cost. Below you’ll discover ways to make the pool in your rental property be an asset.

Pools Pros and Cons

Having great weather nearly year round gives value to having a pool in your rental property. Pools can be a strong reason why a tenant decides to rent your property especially if they enjoy hosting parties, barbecues, or any gatherings during Summer.

Of course, the size needed for a pool can be a challenge for the standard lot sizes in Long Beach. Many Long Beach properties are on a 5,000 sqft to 6,000 sqft lot. Having a pool could take up the majority of the back yard, possibly reducing the number of potential tenants.

Offsetting the Cost

The costs associated with a pool can feel like an unwanted expense to many landlords looking to buy a rental property. Maintenance costs and an increase in insurance premiums are a few of these expenses. Many of the costs can be offset by passing them to the tenant. For example, you could stipulate maintenance needs to be handled by the tenant. Another option is to bundle the maintenance cost and increase in insurance to the rent. Whichever direction you decide, make sure it is clearly specified in your rental agreement as you want to ensure that your asset is taken care of properly because no one wants to pay for pool repair due to neglect of a pool.

Adding a Pool to your Rental

If you feel your rental property needs to be more competitive in the market, adding a pool to your rental could be the right choice. The average cost of building an inground pool is between $50 - $125 per square foot. This is about $35,000 to $65,000 depending on size of the pool and material. Though the price can seem steep at first this addition will open the market to renters that may be overlooking your rental previously.

A popular alternative to traditional pools are above ground pools. These are far more affordable with total installation costs being between $1,800 - $ 8,000 depending on the size and depth of the pool.

Pool Safety Measures

Making sure proper safety measures are implemented is important to keep your tenants secure and happy. Property safety measures will prevent accidents, injuries and reduce your liability. Some of the measures to consider are:

Keeping rescue equipment within the pool area such as life rings, rope and other safety equipment. The equipment should always be accessible and visible in case of an emergency.

Place signs with rules prominently. These rules should include that children must be supervised at all times, no diving in parts of the pool, and that the pool is at the person’s own risk. Make sure the signs are clear, visible, and posted in multiple locations in the pool area.

Installing a fence around the perimeter of the pool is a great safety measure. Make sure the fence is at least 4 feet tall and designed in a way that can’t easily be climbed by children and has an automatic closing and latching gate. If you’re wondering what material is best suited, check our article about fencing .

If you have any further questions about costs to add a pool or if a pool can be an asset to your Beach City Rental call us today (562) 888-0247 or fill out our free rental analysis to see what your rental could yield today.

What to Consider When Allowing Pets in Your Rental

getdustin@icloud.com (Dustin Edwards) — Mon, 21 Feb 2022 18:58:05 GMT

Pets Can Be A Great Addition To Your Long Beach Rental

If you are willing to allow pets in your Long Beach rental property, this can unlock a new market of tenants you may not have previously taken into account. As tenants looking for a rental that allows pets are becoming common. Pets can encourage renters to occupy your property longer as it can be difficult to find pet friendly rentals. With this in mind there are some things you may consider before making the decision and below we’ll discuss common questions you may have about allowing pets in your rental.

Impact on your Insurance

Though we are not insurance agents it is likely that your insurance could be impacted by the types of animals you are willing to reside within your property. For example many insurance companies have differing policies when it comes to the size and breed of dogs. Depending on these factors there may be an impact on your insurance policy.

Some animals such as goldfish as well as service dogs shouldn't have an effect on your insurance. Dog breeds such as chihuahuas and pugs have a low impact on insurance because of their size, whereas chow chow, American pit bull terrier and akita are usually not covered by insurances due to being considered higher- risk. If the animal is an outdoor pet it will likely have an adverse effect on insurance unless properly fenced . Finally the history of the animal can be cause for concern especially if it has lashed out and bitten someone in the past.

Increased Wear and Damage to Property

Pets can do serious damage to your rental property, but keeping long term tenants may be worth the investment. Some of the more common wear to your rental would be carpets, window screen, wall and door scratches, mainly exit doors and bedroom doors. With carpets taking the worst damage because some pets scratch, chew and even soil it. A recommendation to avoid this is replacing carpet with tile or hardwood flooring as these are more durable when dealing with pets compared to a carpet. Though these costs can be mitigated by implementing a pet security deposit.

Pet Deposit or Monthly Pet Fee

As mentioned above, allowing pets is a great way to keep your tenants long term. It is true that pets are part of the family but it goes without saying that pets also can cause property damage. Be sure to communicate to your applicant that if they want to bring a pet with them, then there is an added fee to the security deposit. Let them know that the extra security deposit is to cover any potential damage their pet might cause to the property, as well as any cleaning that would need to take place due to the pet’s odors.

In some cases, in lieu of a pet deposit there is a monthly pet fee. This fee can range from $25-$100 a month and can vary in price based on the type of animal (i.e. usually cats are cheaper than dogs) and number of pets. If you are considering a monthly fee, connect with your potential property management company to determine if a one-time pet deposit or a monthly pet fee is best for your property.

Screening the Pet

We screen all of our property applicants and pets are no different. With the increase of tenants with pets, our objective is to determine which pets are safe for both the tenant and the property. You can read more about how we screen applicants' pets in our previous post Managing the Property and the Pet where the pet gets a FIDO score after the applicant answers a series of questions relating to the pet. By giving the applicant’s pet its own ranking we can increase the likelihood of having your rental occupied by responsible pet owners, and well behaved pets.

Allowing pets in your Beach Rental Property can be challenging to new landlords, but also rewarding as having happy, long term tenants can provide consistent income with fewer unit turnover expenses. Call us today at (562) 888-0247 or fill out our property evaluation form to find out more about how we can help with your property.

Types of Fencing to Consider for Your Rental

getdustin@icloud.com (Dustin Edwards) — Tue, 15 Feb 2022 03:18:26 GMT

Fencing Can Be A Valuable Asset To Your Rental

There are a variety of reasons why you may want to install fences on your Long Beach rental property, such as keeping pets and children within the yard, security, defining property lines or to give your tenants a little bit of privacy from the neighbors. Nevertheless there are different types of materials, prices and styles of fences.

Below is a list of popular options that are commonly found at home improvement stores that could fulfill the needs of you and your tenant. These are prebuilt sections that can be purchased in panels usually ranging between 4 feet and 8 feet long, with simple installation instructions.

White Picket Fence

There is nothing more traditional in American homes than the use of a classic white picket fence. Usually standing no higher than 48 inches, they are a simple solution to keep pets and children within the yard without obstructing the ideal view of the rental. A white picket fence also won’t hide curb appeal.

Though traditionally made of wood, modern examples are constructed of vinyl which have a longer life span and are easier to install. Some examples are the brand Zippity Outdoor Products white vinyl picket fence panel priced at $95.05 per panel and WamBam Fences No-Dig Nantucket Vinyl Picket Fence Panel priced at $130.80 per panel.

Privacy Fence

If you have noticed that your tenants have complained about nosy neighbors, a taller privacy fence may be the right choice. Though not the only reason to install one, privacy fences also have the added benefit of keeping large and small breeds of dogs within the yard while keeping stray or wild animals from becoming a nuisance and doing damage to the rental or causing injury to your tenants. They also provide security as having a tall fence makes it difficult for thieves to target your property.

A privacy fence will not be able to keep all dangers off your beach rental property, but may act as a deterrent layer of protection. A couple of examples of vinyl privacy fences are Veranda’s Linden White Vinyl Privacy Fence Panel Kit priced at $118.00 per panel, or Freedom’s Ready-to-Assemble Emblem White Vinyl Flat-Top Fence Panel sold for $117.00 per panel. Of course there are wooden options as well, but for the longevity and ease of care we recommend the use of vinyl.

Metal Fence

Due to their extreme durability and high curb appeal, metal fences have become a popular improvement in recent years. If you ever decide to sell your rental property, the ROI (return on investment) on metal fences is pretty high due to how long they last as well as the aforementioned curb appeal. Both aluminum and steel fencing options are durable, aluminum doesn't rust and oxidation is not a serious concern. As for steel, in its natural form it is known for rusting in humid weather, however finished steel fences can maintain their integrity for over 15 years.

For those of you looking for an aesthetically pleasing steel fence, there is the Aleko Dublin Style Black Iron Fence Panel which costs $437.73 per panel. If you are looking for something more affordable but equally as durable the Monroe White Steel Flat-Top Decorative Fence Panel sells for $89.98 per panel. Both examples being galvanized steel for rust resistance.

Chain Link Fence

When looking for the most basic way of separating property lines, keeping pets and children inside the yard while keeping others out the humble chain link fence is the most affordable way to achieve this. The cost of the fence itself being within $100.00 to $220.00 for a 50 foot length.

The benefits of a simple chain link fence being their affordability, durability, low maintenance cost and they are easily repaired.

Keeping your tenants and beach rental property safe, secure or private with fences is one of many steps you can take to keep your tenants satisfied. If you would like help with other fencing options not listed today feel free to call us today at (562) 888-0247 or fill out our free rental analysis to see what your rental could yield today.

What You Should Do Every Time a Tenant Calls

getdustin@icloud.com (Dustin Edwards) — Sat, 29 Jan 2022 23:11:08 GMT

A Tenant Call Should Always Be Logged

Tenant calls are a part of managing your rental property and are the foundation of a good tenant-landlord relationship. The calls could be from anything as simple as the tenant forgot their keys or as complex as a water pipe breaking. Because of the variety of calls you may get it’s always a good idea to have a checklist to follow every time you receive a call.

The checklist you follow should have the following items:

Log the Phone Call
Identify the Need
Document the Action Item
Communicate with Vendors
Log the Follow Up
Communicate and Thank the Tenant

Logging the Phone Call

While logging phone calls from your tenant may seem strange at first, it is important to remember that many new renters may be coming from apartments where there is a building manager onsite, meaning they are used to having access to help regularly.

Whenever a tenant calls with regards to your rental property be sure to log the tenants name, address, date and reason for the call. The primary reason for this is to maintain a log of which tenant you will be communicating with and which rental property is being discussed, especially if you have multiple rentals.

Identify the Need from Your Tenant

Once you have logged the tenant's call, the next step is to identify what is needed. There are several levels of needs that your tenant may have and depending on the situation it could be something that’s immediate but not severe, or it could be something that could hold off until a little later on.

For example, if your tenant calls because they forgot their keys then their need is immediate and must be addressed promptly. A simple enough task but if it is not addressed quickly it could become an inconvenience. On the other hand, if your tenant calls because an outlet doesn’t work, then you need to hire a third party vendor to address it in the near future.

Document the Action Item

After identifying the tenant's needs, be sure to document the action(s) required. Take notes on any information that may seem relevant for future needs such as the date and time, a brief description of the action and if it's required to contact a vendor in case of repairs.

Communicate with Vendors

If the call from the tenant was for a repair, it is important to communicate with your vendor(s) in a timely manner. Keep in mind both the vendor as well as yourself want to get to work as quickly as possible. Be clear and responsive to the vendor, let them know the purpose of your call and any other relevant information previously logged from your tenant’s call.

Finally respond to any questions the vendor may have about the situation and schedule a date for the repair to take place that aligns with the availability of your tenant.

Log The Follow Up

Keeping records of work done to your Long Beach rental property is helpful to have a complete maintenance history. Log the follow up date as well as the event that took place with the tenant.

We recommend communicating with your tenant via email or on our portal to easily keep track of dates and times. This would also provide your tenant with security and peace of mind knowing the issue is being logged in case of future need.

Thanking Your Tenant

Showing appreciation to your tenant is a fantastic way to make them feel comfortable if any future problems arise with your rental. Remember that keeping your property well maintained is a great way to retain long term tenants and that it is in both you and your tenant’s best interest to make sure problems are dealt with in a swift manner as this can lower the overall cost of maintenance in the long term.

Keeping this checklist as a guideline for when tenants call is one of many ways new landlords can stay organized. If you have any further questions on what to do when tenants call, please call us today at (562) 888-0247 or fill out our free rental analysis to see what your rental could yield today.

Preparing Your Long Beach Rental for Rain

getdustin@icloud.com (Dustin Edwards) — Tue, 25 Jan 2022 02:16:27 GMT

Getting Your Rental Rain Ready Is Important For Your Tenants

When you live in Southern California many newer landlords tend to forgo preparing their rental property for the rainy season. Due to the irregularity of rain in Long Beach many properties aren't ready to handle the changing volumes of rain throughout the year.

There are many ways to prepare your property to efficiently take on the rain. However, depending on the age of the property there are some preparations that take priority over others.

Below are some of the upgrades and fixes you as a landlord should consider when preparing your Long Beach rental for the rain.

The Roof of Your Rental

The first line of defense from rain damage in the rental is making sure there are no leaks or other damage on it’s roof. The average lifespan of a new roof is usually 20 years, it is recommended to have an inspection of your roof every 3 years if the roof is still relatively new and has not been through harsh weather (thankfully we are in Southern California which means we aren’t exposed to weather that is too harsh).

For older roofs an inspection is recommended every 1 to 2 years. Keep in mind that the older the roof has become the more likely it could leak due to the cumulative damage it’s had over its lifespan. If you are unsure of the age of the roof then having a yearly inspection is recommended.

The average cost of a roof inspection In Southern California can cost around $250 and in some cases more depending on the property's square footage. Although having to pay for a visual inspection can seem like an unnecessary expense, the amount of money saved from being prepared can be in the thousands when compared to the damage a roof leak could cause to your rental.

Rain Gutters

Rain gutters are incredibly versatile in protecting your rental from rain. Rain gutters may cost as little as $7 a foot for vinyl gutters, $11 a foot for aluminum, $13 a foot for copper and $25 a foot for galvanized steel. As with inspecting your roof, it is recommended to regularly inspect your gutters if they are over 10 years old.

For the small upfront cost, the amount of protection rain gutters provide extends to several key aspects of the exterior of your home.. They add protection to your exterior walls by limiting the amount of erosion caused by water due to it being redirected, and by changing the water flow you also protect your foundation from long term damage as well.

By reducing the amount of standing water on your roof you also minimize damage done to the roof increasing its longevity. As well as avoid growing mold and helping keep your home pest free as standing water is typically where mosquitoes lay their eggs.

Drainage System

Rain water drain systems are another great way to redirect rainwater away from your rental. Rain water drain system is the network of structures, channels, and pipes underground that carry rainwater to larger bodies of water like ponds, lakes, and rivers. This network consists of a public and private system that are separate from the system which carries waste and sewage.

The installation of rain water drainage can be relatively expensive much like every other project to protect your rental from rain, the cost may vary depending on materials and labor. On average the cost expected for property owners is $4000.

Smart Sprinkler Controller

The importance of keeping your tenant happy can not be overstated, a small investment in a smart sprinkler controller can keep lawn care in the minds of tenants. With smart controllers you have the ability to set up watering schedules not only based on seasons, but also based on local weather. Savings to the water utility bill can be noticeable immediately.

The average cost between smart sprinkler controllers is $140 for an orbit B-hyve to $260 for a Rachio 3, with some of the major differences being the number of zones they can control (8 to 16) and their compatibility with Apple's Siri, Amazon's Alexa or Google assistant.

Protecting your Long Beach rental from water damage is a great way to keep maintenance costs down, and keep your property occupied for years. Call us at (562) 888-0247 if you have any questions about protecting your rental from rain water damage or find out what your property could rent for by simply filling out our rental value form today.

Storage Solutions to Help Keep your Tenants Happy for the Long Haul

getdustin@icloud.com (Dustin Edwards) — Sun, 23 Jan 2022 07:29:26 GMT

The Right Storage Solution Will Help Keep Your Tenants Happy

For many first time landlords it is important to keep a strong flow of income from your rental property. To keep your rental income at its’ peak it is important for you to keep your tenants as happy as possible. A sure fire way to maximize your rental's square footage is to have adequate storage for the tenant.

That being said, adding additional storage may sometimes be difficult to find.

Below are some suggested areas and examples where landlords can find additional storage space in your rental property.

Garage Storage

Garages have valuable space that can be used for more than just storing the tenant’s vehicle, which in some cases due to the size of the garage may not accommodate larger cars. In this situation we would recommend adding overhead storage such as racks mounted on the studs and ceiling of the garage. For less than $150 Home Depot offers a Gladiator branded storage rack with a 350lbs capacity.

A more budget friendly option are storage shelves. Though they have a smaller weight capacity of storage they have more surface space without drilling through the rental’s garage. These shelves can be plastic or metal ranging from $30 to $70 depending on shelf material and brand.

Closet Storage

Many landlords may be surprised as to how much space is not being used in closets. A great way to make a closet feel larger than it is is by making sure there is shelving over the closet rod. By dividing the section to multiple tiers it will increase the surface space and therefore increase storage.

The addition of a second closet rod, lower and staggered from standard rod doubles the amount of clothing that could be stored as well.

Shoe shelves can also be added to the lower area of the closet. Shoe organizers can be purchased online for as little as $50.

Shelves Can Improve the Use of Your Rental

Shelves inside the living space can be an amazing source of storage , one thing to consider though is the location. Many tenants may not want shelves all over the home because it may be intrusive, cumbersome, or actually make the place even messier.

One of the best places to put shelves is in the laundry area. Adding shelves is a helpful solution to the challenge of storing the bulky detergents or large fabric softeners. An additional benefit to these shelves is you can store items that aren’t needed for immediate use such as Christmas decorations or winter clothing.

Don’t have a laundry area for storage? That’s ok! Look for the odd corners, the protrusions from an over extended door, or those nooks and crannies that seem out of place. These are the ideal places to place shelves for any additional storage needs.

Outdoor Storage

A storage shed is probably the most convenient way to add a large amount of additional storage, all while not taking up any living space.

There are a variety of different options for sheds ranging from small metal sheds, to larger more elaborate wooden sheds, so finding the one to fit your rental property is important.

For smaller locations you can add about 52 cubic feet of storage with a Hanover metal shed starting at $240 from HomeDepot. While there are larger sheds that can cost over $800 that have a storage capacity of over 100 cubic feet.

When it comes to adding storage to the property of your Long Beach Rental there are many items to consider. To help you understand how storage can contribute to the longevity of your tenants property we invite you to call us today at (562) 888-0247. Or if you prefer a complete evaluation of your property we invite you to fill out our Free Rental Analysis .

Outdoor Lighting to Help with Security for your Long Beach Rental

getdustin@icloud.com (Dustin Edwards) — Tue, 18 Jan 2022 01:30:20 GMT

The Correct Lighting Can Help With Security For Your Rentals

The safety and security of your tenants and rental properties are very important. Some landlords disregard security lighting believing their property is safe because there has yet to be any incident, and many more landlords regret not protecting their tenants and property sooner.

The safer your tenets feel, the longer they will feel comfortable living in your rental property. However there are many options for outdoor lighting fixtures as well as guidelines to installing outdoor lighting.

Below are some tips and suggestions for outdoor lighting to help keep your Long Beach rental and tenants safe.

Electrician

A licensed and reputable electrician is recommended for any lighting installation. One of the most important steps to finding the right electrician for the job is to do the research and shop around.

Although it isn’t necessary to hire an electrician to do the work, an electrician experienced with Long Beach electrical code is an irrefutable asset. As you may be required to file an application for a permit. Although most of the electrical code is shared amongst many counties, each county has a few unique outliers.

If you are content with the electrician’s performance it is a good tip to hold onto their information for future work. There are many licensed electricians in the area and many more who may make the commute to work at your rental property. So there is no need to settle when it comes to prices or quality of work.

Motion Detector

Spot or flood lights with motion detecting sensors are an effective deterrent for any would-be traspasar.

For areas shrouded in darkness such as driveways or back doors, motion detecting light fixtures can be used to illuminate the area whenever someone triggers the sensor.

When installing these fixtures keep in mind the range of the sensor, as well as setting the appropriate sensitivity for detecting movement. Motion sensors should be wide enough to cover the wanted area but not so wide that a neighboring vehicle or pedestrian can trigger the sensor.

The sensitivity of the motion sensor can also be adjusted as to not activate when small animals like birds or cats traverse the area.

Dusk to Dawn Sensor

Many outdoor light fixtures come with both motion as well as dusk to dawn sensors. The dusk to dawn feature can help illuminate your property without the need of a physical switch.

Depending on the location and position of the light fixture it may be within reason to keep the light on overnight and let the light automatically turn off once the sun rises.

Due to the efficient nature of LED lights, having an outdoor security light on all night can cost as little as a dime every month.

Porch Light On or Off

With LED lights being cost effective, talking with your tenants about keeping porch lights on in the evening is a helpful deterrent as well. As it alerts burglars to your tenant’s presence.

Porch lights also act as a spotlight to the entrance of the residence. Making it easier to spot anybody through a window or security cameras.

Keeping porch lights on overnight also has the added benefit of allowing police or neighbors to actually see if there is any suspicious activity.

Protecting your property with security lighting not only protects your tenants but also gives you peace of mind knowing it also discourages trespassers from damaging your property in the cover of darkness. Meeting with a property management company can help you pick security lighting best suited for your Long Beach Rental. For further assistance, we invite you to call us today at (562) 888-0247

Comparing Flooring Options for Your Long Beach Rental

getdustin@icloud.com (Dustin Edwards) — Thu, 30 Dec 2021 21:29:18 GMT

The Right Flooring Attracts Tenants and Saves You on Maintenance

Selecting flooring for your Long Beach rental can be difficult, especially with so many options to consider. Every type of flooring has its own set of pros and cons and making the wrong decision can turn off potential tenants. Ultimately, choosing rental flooring that is sleek and stylish while still durable and easy to clean is the most important factor.

Each room of your Long Beach rental serves a different purpose. As such, a type of flooring that might be ideal for the master bedroom could be a horrible choice for the kitchen. To explain this further, here is a breakdown of the various rental flooring available to you and the best rooms to put them in.

Luxury Vinyl Tile

Luxury Vinyl Tile (or LVT for short) is a fantastic alternative to more popular selections. It does not require extensive cleaning and is less prone to scratches. Additionally, LVT works within any area of your rental.

According to ImproveNet , material costs run at about $2 to $7 per square foot, and installation costs range between $1 to $4 per square foot.

While there is a wide range of LVT designs that arguably rival the look of wood and carpet, some tenants may remain partial to the glossy shine of finished wood or the cozy feel of carpet. Thus, depending on the demographic your rental is targeting, LVT may not be the best route for you.

Wood

Similar to LVT, wood flooring works within any area of your rental. However, wood lacks the longevity of LVT. Shoes and animal claws can easily scuff the surface. Moreover, if it is in an area prone to spills, such as kitchens, dining rooms, and bathrooms, wood flooring requires recurrent refinishing and resealing to ensure water resistance and prevent mold build-up. These added costs can pose an inconvenience.

If you decide to go with wood flooring, use it in bedrooms and living rooms rather than kitchens, dining rooms, and bathrooms (or save for the cost of periodic refinishing). Also, consider adding throw rugs to keep your tenants’ feet warm in the cooler months when wood surfaces are chilly.

Depending on the type and size of wood, ImproveNet estimates a material cost of $2 - $20 per square foot. On top of that, Home Depot charges an average installation price of $4 per square foot. Thus, wood is the most expensive type of rental flooring, especially if you factor in the added upkeep.

Carpet

Carpet is most suitable for bedrooms, especially since most tenants enjoy feeling something warm and soft under their toes in the morning. That being said, carpet is a terrible choice for kitchens, dining rooms, and bathrooms, as these areas are more prone to liquid spills that can be near impossible to remove from carpet. Not to mention, nobody wants to put their dripping feet on the carpet after taking a shower.

Carpet can work for living rooms. Nevertheless, it requires extra vacuuming to thoroughly pick out any hair, dust, and food particles that collect within the bristles. Your tenants may not be inclined to take on these cleaning responsibilities. Furthermore, if your tenants have pets, dogs or cats may shred and rip up carpet, especially in frequented areas such as living rooms. If that occurs, you would be responsible for buying replacement carpet and installing it, which is a hassle even if your tenants pay for it.

Home Depot prices carpet at around $1 - $4 per square foot. Costs vary based on the style, pattern, and texture, but Home Depot has zero installation fees, which makes carpet a cheaper option as opposed to LVT or wood.

Even after taking all these factors into consideration, flooring remains rather specific to your Long Beach rental (or even ADU ). Fortunately, a property management company can tour your premises and determine the best rental flooring options for your tenants. If you are interested in this type of service, we invite you to call us today at (562) 888-0247 or check out our Free Rental Analysis online .

How to Effectively Raise Rents for Your Long Beach Rental

getdustin@icloud.com (Dustin Edwards) — Wed, 15 Dec 2021 07:55:00 GMT

The Right Approach to Raising Rents Helps Maximize Your Investment

From time to time, it is necessary to raise the rent for your Long Beach rental. However, approaching the subject with your tenants can be a touchy and complex process. Nevertheless, there are various ways to both successfully raise rent and keep your tenants content.

California Tenant Protection Act

Before we proceed, it is important to note that, per the recently passed California Tenant Protection Act , landlords cannot increase their rent above 5% plus inflation or 10% of the lowest gross rental rate charged in the previous twelve-month period. Additionally, Long Beach landlords can only raise rent once a year. These requirements are crucial to consider when planning to raise rent.

Address Improvements

Chances are that you have probably updated your rental since your tenants initially moved in. These improvements can act as leverage for implementing a rental increase. When sitting down with your tenants, you can remind them that the new smart devices or energy efficient appliances have improved their living experience. Yet, these additions came at a price. As such, you require a higher rent to offset these installation costs and fund future renovations.

If your tenants truly appreciate you and the enhancements you have made, they will likely be open to a rental increase.

Rental Analysis

Completing our online Rental Analysis will show you whether you are earning a sufficient rate for your Long Beach rental. If our Rental Analysis reveals that your rent does not match your current property value, you can show it to your tenants. This will help them understand that the increase is related to market conditions. As such, they will likely be more inclined to pay a little extra.

Market Rent

Showing your tenants that a rental increase would be lower than market rent may put the situation into perspective. Not only will it make them appreciate that you are charging them a lower rate, but it will also make them hesitant to seek a different rental on the market.

The positive of maintaining a lower rate than market rent is it allows you to keep tenants whom you trust. You may not make as much money as similar locations in your area, but you will have steady tenants who respect and take good care of your property.

Rent History

Sometimes tenants need a reminder that they have been paying a steady rate for an extended period. At another property, they may have already faced one or multiple rental increases.

Recognizing their pleasant current situation may encourage them to willingly accept your rental increase, especially if they know that you will raise rent relatively infrequently.

Raising rent can be stressful for both tenants and their landlords. Finding a property management company that you feel comfortable with can make the experience as painless as possible. As previously mentioned, feel free to check out our online Rental Analysis or call us today at (562) 888-0247.

Expanding Your Long Beach Rental’s Outdoor Lighting

getdustin@icloud.com (Dustin Edwards) — Sat, 27 Nov 2021 08:32:37 GMT

The Right Lighting Can Enhance Your Rental

Outdoor lighting is essential to fostering a safe environment for your tenants, especially when they return home in the dark or spend an evening relaxing in the backyard. Sometimes landlords neglect to incorporate ample light on their property, which makes it easier for tenants to fall and for intruders to strike undetected.

Below are a variety of ways to protect your tenants by expanding your Long Beach rental’s outdoor lighting.

Pathway Lights

Outdoor lighting can illuminate pathways to provide necessary nighttime guidance across your rental. Any pathways in the front and backyard should be adorned by lights.

Pathway lights come in various styles and typically stick a few inches up from the surrounding terrain. If you prefer a more modest look, ground lights remain flush to the terrain. Ground lights are also less likely to fall out since they cannot be easily disturbed or kicked out of the terrain.

Since it is a truly renewable energy source, solar power is a cost-effective alternative to traditional outdoor lighting and growing in popularity. Most pathway lights at Home Depot , Amazon , and other retailers are solar-powered. Gone are the days of having to replace batteries or run cords underground to a power source. Now, all you have to do is stick the pathway lights into the ground and they will charge themselves during the day with miniature solar panels located on their top. Additionally, many models automatically switch on at nightfall.

Fence Lights

Similar to pathway lights, fence lights can act as an added safety measure to illuminate your rental’s perimeter and alert your tenants to any suspicious activity on their property line.

Fence lights are especially important at gates. Tenants need to be able to see and navigate these frequented access points.

Amazon offers easy-to-install fence lights that simply hook onto the top of your rental’s fence. They are also solar-powered and turn themselves on at nightfall.

Pool Lights

Part of having a safe rental is having a safe pool environment . One aspect of a safe pool environment is lighting in and around the pool. This allows your tenants to see their surroundings, which is extremely important when they are dripping wet from swimming and they are walking on the slippery tiles.

For a cheaper solar-powered option, Home Depot has pool lights that float on the water’s surface. As such, your tenants can take them out whenever you want. Floating pool lights come in many fun shapes and designs, including lotus flowers and lanterns .

A more expensive but common option is flush-mounted underwater lights. These lights attach to your pool’s walls and require professional installation, but they provide a strong brightness.

Furthermore, consider installing in-ground lights on the edge of your pool. Though they also require professional installation, in-ground lights allow your tenants to easily see the pool’s perimeter which lowers the chance of accidental slips.

Landscaping Lights

Landscaping lights are small spotlights that brighten up the yard. They act mostly to showcase your long Beach rental’s flowers and greenery during nighttime, but can also alert you to any unwanted critters such as opossums, rats, or raccoons.

Home Depot has plenty of landscaping lights to choose from, including solar-powered options.

There are plenty of benefits to outdoor lighting. Not only does it provide ambiance, but it also protects tenants from stumbling in the dark and dissuades burglars from breaking into a property where they or their shadows can easily be seen. Meeting with a property management company can help you pick the best outdoor lighting for your Long Beach Rental. For further assistance, we invite you to call us today at (562) 888-0247, or you can fill out our online Rental Analysis .

Communication Guidelines for Working with Your Tenants

getdustin@icloud.com (Dustin Edwards) — Mon, 15 Nov 2021 07:52:47 GMT

Setting Expectations Can Keep Your Tenants Happy

Communication is an underappreciated art form. Good communication can help you to have a happy tenant for many years. Poor communication can have you constantly in the tenant turnover cycle wondering “why don’t people enjoy my property?”. While we can’t say that we have communication mastered we can share that after helping 1,000’s of tenants over the years we have learned key methods to communicate that help our property owners enjoy great tenants.

We find that communication techniques aren’t truly appreciated until the most stressful moments of property management occur. For a tenant, and if you are managing a property yourself, the most stressful moments generally occur when there is a challenge. The most common challenge we deal with that adds stress is that of a repair request. While some individuals might not think a broken dishwasher is a big deal, other people find it a very big deal and that is why we believe in a strong communication framework that works regardless of how someone interprets a challenge.

When managing a property it is essential to understand that as a property owner (or if you outsource to a property management company) that proper communication can also help you down the road should a more serious incident, for example a lawsuit, occur. Proper documentation and clear rules on how you communicate should be part of your daily operation. Consider the following communication guideline of how to handle a repair request:

When did you receive the notice of the repair request?

Make sure to document the time and method of how you received the repair request. Text messages aren’t always the easiest to retrieve (when you don’t have a system that logs them) which means if a tenant texts you, make sure to log that message for future reference.

Response Time and Your Next Steps

Having a consistent response time is essential. For emergency repairs (i.e. something flooding) you truly need to respond as immediately as possible. When you onboard your tenants set the standard on how fast you will respond. For example if there is a problem at night do you have a set of emergency numbers they can call to get the help they need with a repair such as flooding?

A response doesn’t solve their problem though. When you respond, provide clear direction on what you are doing to resolve the issue. For example “thank you for your text regarding the dishwasher leaking, I have called my plumber and he will be there tomorrow, Thursday, between 8-9am, will that work for me to have them resolve it at that time?”.

Resolution Communication

When you are both landlord and the property management company it is your responsibility to communicate even the completion of the work. For example, “My plumber shared that the dishwasher line had a clog and then ruptured so he was able to replace this line which should prevent this from happening again in the future.”

Whether a challenge is big or small, a great dialogue with your tenants is an excellent way to keep them happy for many years in your property. When you would like to find out more about how we communicate with tenants and organize any necessary repairs we invite you to request our Free Rental Analysis to see how we can help with your property.

Common Maintenance Issues for Your Long Beach Rental

getdustin@icloud.com (Dustin Edwards) — Thu, 04 Nov 2021 14:24:25 GMT

Being Prepared for Common Challenges Can Reduce Stress

As with any property, your Long Beach rental is bound to face some common yet inconvenient maintenance issues. Thus, you must be prepared for these problems and know how to fix them. This will not only save you time but also save you money on unnecessary and costly repairs.

Below are some of the most common maintenance issues that landlords face and the best ways to remedy them.

Garbage Disposals

Garbage disposals are very temperamental appliances that can have a variety of issues and cause your tenants unwarranted strife.

Commonly, garbage disposals become jammed and, subsequently, cannot turn on or hum when turned on. To clear the garbage disposal, turn it off at the breaker box and free the blades with your hand. Remember to protect yourself with gloves. Afterward, remind your tenants that vegetable peels (especially potato peels), eggshells, fruit pits, bones, and non-food items should not go down the garbage disposal and will almost certainly cause feature jams.

Additionally, garbage disposals tend to smell over time, which may dissuade your tenants from using the sink. One way to remove the disgusting odor is by running lemon wedges and ice through the garbage disposal for a few seconds. The fresh, citrus fragrance can clear out any foulness. If that does not work, pouring baking soda and vinegar down the garbage disposal may help.

Well-maintained garbage disposals can last for up to fifteen years. That being said, having numerous tenants come through your Long Beach rental likely causes added wear to all your appliances, including the garbage disposal. As such, you may need to replace it every eight years.

Leaky Faucets

The sound of a leaky faucet dripping into the sink can be an irritating nuisance that keeps your tenants up at night. Furthermore, a leaky faucet that goes unfixed for any length of time can be a critical waste of water.

Before repairing a leaky faucet, you should shut off the water supply below the sink. If there is no shutoff valve for the individual sink, turn off the property’s water supply.

Then, you can remove the faucet handle. Start by identifying what kind of handle it is. If the handle has a set screw behind it, you can use a hex key to remove the screw. Conversely, if the handle has a top screw cover, you can remove the cover with a flat screwdriver and use a Phillips head screwdriver to remove the screw.

Once you have successfully removed the screw, you can detach the faucet handle and now have access to the faucet stem. With a wrench, remove the faucet stem’s packing nut. Now, you can take out the faucet stem and replace it. If necessary, you can take the faucet stem to Home Depot or your local home improvement and use it to find a matching replacement.

Before installing the new faucet stem, inspect the O-ring to ensure it is not broken. Afterward, you can put in the new faucet stem and reattach the faucet handle. Turn the water supply back on and see if the faucet is still leaking, or if there are any additional problems from installation. If you are still experiencing a leaky faucet, then there may be a larger issue that requires a plumber’s assistance.

Broken Dishwashers

There are many reasons your Long Beach rental’s dishwasher may be acting up. Most times, these are minor inconveniences that require little or no maintenance.

Most likely, your tenants will complain about the dishwasher leaking water during its cycles. Dishwasher leaks can have relatively minor solutions, such as using less detergent, stacking dishes correctly, or putting in fewer dishes. Perhaps the door seal is worn and needs to be replaced. The replacement seal can be identified in the owner’s manual.

Another typical issue your tenants may face is dirty dishes after a cycle. Similar to leaks, dirty dishes may be the cause of improperly stacking dishes or overloading the dishwasher. Additionally, the hot water stop valve under the sink may not be fully open. This means the water inlet valve may be clogged and needs cleaning. Clearing out the water inlet valve should allow your dishwasher to fill and heat properly, thus making your tenant’s dishes cleaner.

If none of these resolutions work, then you may need to install a new dishwasher. On average, dishwashers last ten to fifteen years. However, as previously discussed, the constant turnover of new tenants shortens the lifespan of your Long Beach Rental’s appliances. It may also be beneficial to upgrade to an energy efficient dishwasher as they tend to be more reliable and more cost-effective.

Having background on these common maintenance issues will make it easier to inevitably fix them for your tenants. If you need further assistance with caring for your Long Beach rental, we invite you to call us today at (562) 888-0247 or you can fill out our Owner Application online .

Creating a Shaded Outdoor Space for Your Long Beach Rental

getdustin@icloud.com (Dustin Edwards) — Wed, 27 Oct 2021 06:51:29 GMT

The Right Outdoor Space Can Keep Tenants Happy for Years

Cultivating a great outdoor experience for your Long Beach Rental can please your tenants and give them a wonderful area for entertaining and relaxation. However, your tenants need a way to escape the year-round heat, especially during the summertime. Implementing various shade structures can provide your tenants with relief from the hot California sun and keep them safe.

Below are some effective shade structures to consider for your Long Beach rental.

Pergolas

Pergolas are large, rectangular wooden frames with a slatted roof intended to allow minimal sunlight exposure. For warmer days, you can even include a retractable canopy that covers the slats. Additionally, you can incorporate canopies on the sides of the pergola, thus blocking bright light during sunrise and sunset.

Or, if you are looking for a more organic look, you can plant vines to grow within the slats. Not only will this provide an element of natural shade, but it will also act as a stunning statement piece for your tenants and their guests to admire.

Bougainvillea (magenta, thorny flowers that grow well in the warm Southern California climate) and star jasmine (white, fragrant flowers that require minimal maintenance) are both capable climbers and fantastic vine options for pergolas.

Depending on their length and design, pergolas can cost between $1,000 and $2,500 at Home Depot.

Patio Umbrellas

Patio tables are an excellent addition to your Long Beach rental’s outdoor space, and most patio tables come with umbrella holes. These holes make it easy to slip the umbrella poles into, thereby providing shade while your tenants are eating or lounging outside.

Patio umbrellas come in multiple sizes, ranging from 4.5 to 15 feet, as well as numerous colors to match the look of your patio table and cushions. At Home Depot, patio umbrellas cost as little as $50 or up to $200 for larger models. As such, patio umbrellas are a more affordable option than pergolas, though pergolas usually provide lengthier protection from the sun.

Cantilever Umbrellas

Cantilever umbrellas come in the same sizes as patio umbrellas but have their own stand rather than receiving support from a patio table. Though they are a little more expensive than patio umbrellas, cantilever umbrellas are much more versatile as they can go over patio tables, lounge chairs, daybeds, and more.

Shade Sails

Shade sails are large canopies that act as a cheaper and more durable alternative to the aforementioned options. Their thick and stretchy material protects against all forms of Southern California weather, from warm sunny days to strong Santa Ana winds and occasional damp showers.

Shade sails come in a variety of shapes and sizes, most commonly triangular and rectangular. They can protect patio furniture, decks, and even swimming pools. Amazon has many different shade sails to choose from at prices of $20 to $80.

Retractable Awnings

Similar to shade sails, retractable awnings are strong canopies that protect against all types of weather conditions. However, unlike shade sails, which typically connect to the house with hooks in the walls, retractable awnings connect to the wall directly. Additionally, they either pull in and out via a string or the push of a button. This gives your tenants a choice to sit in the sun or stay in the shade. Having either option is especially helpful for the cooler winter months when sun exposure is not as strong.

Wayfair offers a wide variety of styles and sizes for retractable awnings priced within $100 to $500.

With all these shade structures available, it is important to choose whichever option looks and works best for your Long Beach rental’s outdoor space. If you would like assistance with making these additions, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

8 Common Questions a Landlord Should be Prepared to Answer

getdustin@icloud.com (Dustin Edwards) — Wed, 20 Oct 2021 05:57:18 GMT

Give Your Tenants Confidence with Essential Information

When new tenants move in, chances are they may have several questions for their landlord. While some of these questions are obvious, there are others that landlords may not consider ahead of time. These questions can catch landlords off guard, as they may not have a prepared answer on the tip of their tongue.

To help remedy this disconnect, here are eight questions new tenants may ask about your Long Beach rental, and sufficient ways to answer them.

“Is the security deposit refundable?”

California rental agreements cannot specify that a security deposit is non-refundable. As such, landlords have twenty-one days after a tenant moves out to either return the security deposit in full or provide a written letter explaining to the tenant why they are keeping the security deposit (such as unpaid rent or repairs). However, the security deposit can only go toward repairs on damages caused by the tenants, not repairs on accidental damages or general wear and tear.

For more information surrounding security deposits, we invite you to check out the California Courts website .

“When is rent due?”

For first-time tenants who are unfamiliar with rental properties, this is a perfectly natural question. While the answer will differ from landlord to landlord, most California rental agreements stipulate that rent is due on the first of the month or within the first five days of the month.

“Are there periods where the rent doesn’t go up?”

In Long Beach landlords can only raise rent once a year. Thus, your tenants will only face rental increases annually (or less depending on your personal discretion).

Effectively raising rent can be tricky for a landlord, but understanding the legality behind it can alleviate the process. Keep in mind there are limits on the amount that rent can be raised in Long Beach. You may read state law AB-1482 for additional details on how the rental increase may be handled. Long Beach has interpreted this law to cap rental increases at a maximum of 8.6% .

“What is included in the rent?”

Typically, rent includes water, sewer, and trash services, parking, and extra amenities (such as pool or gym fees for an apartment complex). Sometimes, water, sewer, and/or trash services will be billed to your tenants separately by the provider. Additionally, electricity, natural gas, internet, and cable TV services are not included in rent and will be billed to your tenants separately by the provider.

Rent also does not usually include renter’s insurance or furnishings (unless your Long Beach rental is a furnished apartment).

That being said, all these factors are specific to your property and, as such, you will need to provide a complete and thorough outline of what is included in your rent.

“What happens if I can’t pay my rent?”

In response to the COVID-19 pandemic, California Governor Gavin Newsom signed an eviction moratorium currently in effect until September 30, 2021. Therefore, California law protects tenants from eviction until the aforementioned date, if they provide their landlord with a signed declaration within fifteen days of receiving a rental notice and pay 25% of all rent due from September 2020 through September 2021 by September 30, 2021.

Once that day rolls around, landlords can sue tenants who owe any unpaid rent. To combat this, tenants can apply to the CA COVID-19 Rent Relief, which may cover 100% of past-due rent. This protection lasts until March 31, 2022. Landlords cannot evict tenants who have applied to the CA COVID-19 Rent Relief and are awaiting a response.

For more information surrounding California eviction protections regarding the COVID-19 pandemic, we invite you to check out the California COVID-19 resource website .

Prior to the COVID-19 pandemic, landlords needed to provide tenants with a three-day notice to pay rent. If tenants did not pay rent within those three days, then landlords could file an eviction lawsuit.

Following eviction, the tenant’s security deposit could cover unpaid rent.

“How long is the lease term?”

In California, standard lease terms cannot be longer than one year and can be as short as six months or even thirty days. The terms of the lease should be outlined in writing to remove any chance of he said, she said disputes.

Lease terms can be longer than one year if tenants and landlords reach an agreement in writing.

“Should I give notice if I am going on vacation?”

For any vacation, tenants should alert their landlord of an impending absence. That way, the landlord is aware that their property is vacant and they can periodically check on it.

Depending on the details of the lease, landlords may require their tenants to pay their rent early for a vacation that spans a month or longer.

“Is a pet deposit required?”

Pet deposits are a legal additional security deposit in California that can protect your Long Beach rental from any damages caused specifically by tenants’ pets.

The price of pet deposits can vary based on the tenants’ amount of pets, their breeds, their sizes, etc. Prices may be higher for certain breeds that are more active or prone to destructive behavior.

Similar to security deposits, pet deposits are refundable and can be returned to tenants in the same way as security deposits.

These are just some of the many questions tenants may ask when moving into your Long Beach rental. If you would like to discuss further questions tenants may ask and the best ways to approach them, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

What Appliances Should be Furnished in Your Rental?

getdustin@icloud.com (Dustin Edwards) — Tue, 12 Oct 2021 07:06:51 GMT

The Right Appliances Can Keep Tenants Happy and Help You Earn Top Rental Rates

Many first-time landlords may wonder if they should furnish their Long Beach rental. After all, a furnished property has a higher rent than an unfurnished one. However, furnished properties need extra care and maintenance. Not to mention, furniture requires replacing over time, either from tenant misuse or expected deterioration.

Due to these various factors, most long-term rentals are not fully furnished. More commonly, short-term rentals (i.e. Airbnbs) are fully furnished as these properties are usually only inhabited for days or weeks at a time.

That being said, you may still want to consider minimal furnishing in particular areas of your long-term rental. These added details can intrigue and excite tenants, who will appreciate having to pack or purchase less furniture.

Below are some of the areas we suggest furnishing in your Long Beach rental.

Outdoor Living Space

Tenants will appreciate having a place where they can relax and enjoy the year-round California sun. Designing a spacious outdoor living space can give your Long Beach rental a competitive edge that others may lack. Comfortable lounge seats, a dining set, and a grill are all wonderful furnishings for crafting a pleasant and engaging area perfect for laid-back leisure or joyous partying. Wayfair and Home Depot both have an immense selection of patio furniture to choose from.

Though typically more expensive, a built-in grill can make an outdoor living space even more appealing. Grills can be built into wooden or stone cabinets with granite, marble, or other countertops, therefore elevating an outdoor cooking area to a full-on outdoor kitchen. Countertop space provides ample room for food, plates, and grilling equipment, as well as a workspace for your tenants. You can even include a sink, minifridge, and other outdoor appliances. Home Depot provides a range of options for outdoor appliances, cabinets, and countertops.

Additionally, consider putting a shade structure above your outdoor living space to help your tenants stay cool on warmer days or dry on rainy days.

Overall, an expansive and tasteful outdoor living space can be a rewarding investment that significantly interests tenants.

Kitchen

Though they may seem customary to most rentals, landlords are not legally obligated to include kitchen appliances . Nevertheless, many rentals do come with appliances, such as refrigerators, stoves, dishwashers, and microwaves, that are arguably necessities for tenants to live comfortably and to justify paying a competitive rental amount.

Many tenants will see a furnished kitchen as a positive aspect of your Long Beach rental and further demonstrate the quality of your rental. While some tenants may already own appliances that they would like to install, your fully furnished rental will be more appealing to the majority of applicants.

Laundry

Similar to kitchen appliances, landlords are not legally obligated to include a washer and dryer. However, it may be beneficial to establish a laundry room in your Long Beach rental or, if you lack sufficient space, add a washer and dryer to the kitchen. Tenants will appreciate being able to clean their clothes in their own space instead of at a laundromat.

Obviously, if your Long Beach rental is part of a larger complex (i.e. a condo, or even a duplex) with its own communal laundry area, then this addition would prove redundant and unnecessary.

All the above furnishings can act as impressive bonuses for potential tenants and may be the ultimate factor that makes them choose your rental over another. If you would like more assistance regarding furnishing your Long Beach rental, we invite you to call us today at (562) 888-0247 or you can fill out our online Rental Analysis .

Best Practices for Effective Landlord and Tenant Communication

getdustin@icloud.com (Dustin Edwards) — Tue, 05 Oct 2021 04:45:00 GMT

Communication is Essential for Success with Rental Properties

Communicating well with your tenants is essential to being a successful landlord. If you can relate to your tenants, they will feel comfortable with you and will appreciate having a landlord they can rely on and trust. This trust will cultivate respect toward you and your Long Beach rental.

However, fostering strong and successful connection can be challenging, especially for new landlords. To help alleviate this difficulty, here are some of the best practices for effective communication between landlords and their tenants.

Identify a Preferred Contact Method

One of the most important steps toward effective communication is finding a contact method that both parties are comfortable and proficient in. The most common contact methods are texting, emailing, or calling. All three options are fairly easy and require little transfer of information other than a phone number or email address.

Since everyone has different preferences when it comes to communicating, you should have a conversation with new tenants about how they would prefer to contact you. Using their preferred contact method will better guarantee a response if you need to contact them.

Additionally, it may be helpful to place a list with your phone number and email address on the rental’s fridge, calendar, or bulletin board. That way, if your tenants ever forget how to reach you, all they have to do is reference the list. This can be especially helpful in emergencies.

Set Expectations on Response Time

Once you establish a preferred contact method, it is important to set expectations on when your tenants should respond to messages. That being said, as their landlord you should hold yourself to the same expectations. Tenants will not respect a landlord who makes them follow a set response time but responds haphazardly.

For starters, provide a realistic time frame that you and your tenants can use to voice minor inconveniences or inquiries, such as 9 AM to 5 PM. Furthermore, set a response time of one to two days. This gives you and your tenants plenty of time to curate a sufficient reply. Conversely, there should be no time frame for emergencies, and response times should be almost immediate. Emergencies can come up at any time, day or night, and you need to be available whenever they occur. It is your responsibility as a landlord to look out for your tenants and protect them from danger (such as fires or water main leaks), otherwise, you could be held liable for any injuries.

Document All Communication

Whenever you communicate with your tenants, you should keep a log of the entire conversation. This is especially easy with texts and emails since they stay saved unless you take the time to delete them. Nevertheless, even when it comes to calls, try to jot down notes of your conversation.

There are many benefits to documenting all correspondence between you and your tenants. For one, it can protect you from any liability if tenants try to twist your words or falsify incidents. Second, it can act as a reminder for you to complete a task or schedule a repair that your tenant requested.

Moderate Word Choice

Moderating your word choice and avoiding harsh speech is important to bridging effective communication between you and your tenants. If you are rude and hostile toward your tenants, then they will stop coming to you with rental problems, and they will also stop respecting you.

To better recognize bad behaviors in the future, it is best to first acknowledge and understand them:

Accusatory tone - saying the word “you” (i.e. “What were you thinking?” or “You need to stop this.”).
Foul language - cussing out your tenants or yelling expletives at them.
Dismissive response - accusing your tenants of being overdramatic or brushing off their requests for repairs.

These actions are some of the common bad behaviors that will prove unproductive when communicating with your tenants. They will act as nothing but a communication barrier, preventing your tenants from trusting you or feeling comfortable in your Long Beach rental. Respect is not earned by belittling or yelling. Rather, it is earned by being respectful.

Understanding the best practices for effective communication is a complicated but necessary process to be a good and favorable landlord. If you would like further assistance with conversing and relating to your tenants, we invite you to call us today at (562) 888-0247 or you can fill out our Owner Application online .

Rental Property Updates That Might Not Yield Additional Rent

getdustin@icloud.com (Dustin Edwards) — Tue, 28 Sep 2021 05:05:43 GMT

Some Updates Can Help Increase Property Value, But Might Not Yield Additional Rent

Typically, landlords invest in property updates to increase the rent for their Long Beach rental. However, there are many other benefits to updating your property, such as adding curb appeal and intriguing potential tenants. Even if they do not increase your rent, the following additions can make your property stand out amongst competitors.

New Windows

Installing the latest Energy Star qualified windows is a wonderful investment for your Long Beach rental. Not only can they boost the look of your property, but their superior sealing and insulation can also lower energy bills. Though tenants pay the electric bill, this discounted price will act as an added incentive for potential tenants looking at your property. In fact, Energy Star estimates that their single-pane windows save Southern Californians an average of $319 (or 31%) annually on heating and cooling costs. Similarly, they estimate that their double-pane windows save Southern Californians an average of $108 (or 14%) annually.

Energy Star is the government-supported leader in testing and certifying energy-efficient products to reduce energy bills and greenhouse gas emissions. As such, their catalog is the best place to find your Long Beach rental’s next windows.

Front Door

A charming and tasteful front door can act as an inviting precursor for tenants taking their first step into your Long Beach rental . Although it will not yield a rent increase, a new front door can certainly raise curb appeal. Furthermore, some tenants highly value having a pristine entrance for guests, and a lovely front door can provide that for them.

Home Depot offers a variety of front door options, including steel, wood, and fiberglass, and has a Door Finder questionnaire to discover the perfect choice for your property.

Paver Stone Driveway

Similar to an artful front door, a paver stone driveway has excellent curb appeal and makes a fantastic first impression on potential tenants. It can pique their interest, even get them to schedule an appointment to view the property but it is unlikely to provide the yield on rent that you would expect. Driveways are considered more of "functional" items and a paver stone driveway is a nice upgrade to an aspect that most renters feel should be functional anyway and as a result aren't likely to pay a premium on their rent for it.

If you are still interested in installing a paver stone driveway, we do want to caution that it is an extensive project best done by professionals, such as a local landscaping company.

Insulation

Many properties in the Long Beach and Lakewood area do not have ceiling insulation as the era that they were developed in did not require it. Insulation can help better regulate your rental’s temperature, thereby lower your tenants’ need for heating and air, which takes some of the pressure off your HVAC system and can improve its longevity. Additionally, the decreased use of heating and air will inevitably reduce your tenants’ electric bill.

Thus, installing ceiling insulation can be a beneficial investment for both you and your tenants.

Home Depot has many types of ceiling insulation and also offers free in-home consultations where they can discuss your tenants’ monthly energy costs and give you a quote for the installation. There are plenty of benefits to professional ceiling insulation, such as saving you time and money spent on renting out equipment and safety supplies.

While they may not be the first property updates that come to mind, the above additions have the potential to make your Long Beach rental unique and distinct. For potential tenants, these improvements can be the deciding factor that makes them choose your rental over another one.

If you are looking for a property management company to assist you with these updates, we invite you to call us today at (562) 888-0247 or you can check out our Free Rental Analysis online .

Items to Consider When Looking at a Long Beach Condo as a Rental

getdustin@icloud.com (Dustin Edwards) — Wed, 22 Sep 2021 04:00:11 GMT

The Right Long Beach Condo has Essential Features

For many people, condos are their first residential purchase. Over time, these people find that their condo no longer accommodates their growing family and move on. However, with that comes the hassle of putting the condo on the market and selling it.

If you find yourself in this situation, consider making your condo into a rental instead of selling it. The reliability and affordability of condos make them an ideal and safe choice for first-time landlords looking to begin their rental journey. Furthermore, the reasonable price and various amenities intrigue tenants looking to rent in Long Beach.

If you are curious about the growing interest in renting out Long Beach condos, here are some of the advantages to consider.

Seaside Location

Many Long Beach condos are within walking distance of the ocean. Not only does this provide stunning views of the crystal blue waves, but it also draws tenants looking to swim, surf, or bike at the beach without the added inconvenience of loading up their vehicle and looking for a parking spot.

Additionally, most Long Beach condos provide easy access to popular waterfront shopping and dining destinations. Having multiple stores and restaurants mere steps away from your front door is a convenience that tenants will deeply value, especially if they want to experience Long Beach’s vivid and active social scene.

Best of all, Long Beach condos in such close proximity to the ocean earn a much higher rent than those inland. Thus, not only will the seaside location attract plenty of tenants, but it will also earn you plenty of money.

Ample Living Space

As opposed to small and cramped rentals, Long Beach condos tend to be expansive residences with two or three bedrooms, two bathrooms, and a nice kitchen and dining area. This can be rewarding for you since, generally, the larger the space, the higher the rent.

Having an ample living space can make your Long Beach condo a functional residence for young couples or even small, budding families. Not to mention, it will only increase the number of tenants viewing your property.

Added Amenities

Some Long Beach condos also have added amenities, such as pools and gyms. This can prove very beneficial for tenants that want easy access to exercise and relaxation.

That being said, pools and gyms generally require higher HOA fees. If you are unable to budget those costs into your tenant’s rental agreement, then those added amenities may not be as profitable as they seem.

Parking

One common drawback of condos in a large city like Long Beach is that many of them do not come with designated parking. Though your tenants might take the bus or Metro to navigate the city, many people still drive cars.

Therefore, snagging a Long Beach condo with one (or, even better, two) parking spots will be extremely helpful in attracting tenants, especially for two or three-bedroom condos.

While there are many positives to renting out a Long Beach condo , it is certainly a slightly different experience than managing a typical rental. Finding a property management company that you feel comfortable with can make understanding these nuances easier and ensure you get the most out of your investment. If you would like assistance with buying a Long Beach condo to rent, we invite you to call us today at (562) 888-0247 or fill out our online Rental Analysis .

Odors and Dirt Challenges for Your Long Beach Rental

getdustin@icloud.com (Dustin Edwards) — Mon, 13 Sep 2021 03:46:27 GMT

Keeping a Rental Property Free of Odors isn't Always Easy

One of the biggest drawbacks for potential tenants is unclean properties, especially ones with a stench. Unfortunately for landlords, previous tenants may smoke, spill foul substances, keep rancid and moldy food, or simply take poor care of your property, leaving it in dirty disarray. While there are ways to prevent some of these instances, most are simply bound to happen.

As such, it is important that you encourage your tenants to maintain a clean property, and that you thoroughly cleanse your Long Beach rental after every tenant moves out. Below are some tips on tackling these challenges.

Set Expectations

When new tenants move in, make it clear that you expect them to keep your Long Beach rental clean and tidy. Also, consider having a closet or cart stocked with cleaning supplies on your property, such as rags, scrubbing sponges, spray cleaner, air freshener, bleach, a toilet brush, a mop, a broom, a vacuum, and a duster. That way, your tenants will have every tool available to them.

Additionally, set rules for what tenants cannot have on your property. If you do not want to deal with the lingering smell of tobacco, tell your tenants they cannot smoke inside your rental. Granted, you may not know right away if your tenants are abiding by these rules, but hopefully, they will respect and follow them.

Similarly, if you are worried about the odors pets may bring, consider making your rental pet-free. Unlike smoking, having a pet is much more difficult for your tenants to hide, and they will almost certainly have to follow your rules or find a different rental that is pet-friendly.

Tobacco

After tenants move out, you may find yourself dealing with newfound odors that they left behind. Even if you bar your tenants from smoking inside your rental, they may do it anyway without you knowing. Unfortunately, the acidic and repulsive odor produced by tobacco smoke tends to remain in spaces for quite some time, and chronic indoor smoking can even produce a tarry layer on surfaces. In this instance, your only option is usually to remove all contaminated furniture, flooring, and drywall.

Chances are your tenants did not live on your property for more than a few years, which means that you likely do not need to take these extreme measures. However, removing the smell of tobacco is still a tricky process that requires patience.

Before you begin, it is important to open up any windows. This helps promote the circulation of clean air.

To start, fill a spray bottle with an even mixture of white vinegar and hot water and use it to wipe down all furniture, walls, ceilings, hardwood floors, doors, doorknobs, fans, portraits, and any other surface.

For carpet and fabric, sprinkle baking soda and leave it to absorb the odor for a day or two. Afterward, vacuum it up. Then, steam clean the carpets (Home Depot offers steam cleaners for rent) and wash couch cushions in the laundry with vinegar rather than detergent. Once they finish, wash them again in detergent.

As you can see, removing the smell of tobacco is strenuous and requires tough work. In some instances, the above suggestions are unsuccessful and you may need to call a professional house cleaner. All this added stress and strife further emphasizes the importance of making your Long Beach rental smoke-free and actively enforcing this policy. If at anytime you suspect that your tenants are smoking on your property, have an honest conversation with them and remind them of the expectations you set at the start of their lease.

Pet Odors

Pets, especially dogs, tend to spread odors that prove unpleasant to humans. If you decide to make your Long Beach rental pet-friendly, then you must be prepared to deal with the smells and stains left behind.

One way to stop pet odors before they even start is by adding a foaming pet stain remover to your tenants’ cleaning supplies. Resolve is an easy-to-use and effective brand that can clean up pet urine, vomit, feces, and dirt and reduce the chance of stains on carpet. Simply spray it on the affected area and the foam substance will absorb the stain and trap odors.

Furthermore, tenants with pets should frequently vacuum pet hair from carpets and furniture. Removing pet hair regularly will lower the chance of lingering odors and increase the longevity of your rental’s carpet and furniture.

Unfortunately, if your Long Beach rental ends up retaining a strong and unpleasant smell following tenants with pets, you will have to follow the same cleaning procedure used for eliminating the smell of tobacco.

Entrance Mats and Area Rugs

Entrance mats and area rugs are easy ways to prevent the spread of dirt throughout your Long Beach rental.

When tenants see entrance mats, they are more likely to wipe their feet before they come into the house. Even if they do not wipe their feet, the fibers on the entrance mat will inevitably collect some dirt upon contact. This reduces the level of dirt that tenants track into the rest of the property. You should place entrance mats at the front, back, and any other doors that provide frequent entry and exit access to your property.

Area rugs can also slow the spread of dirt in your property and protect hardwood floors from long-term exposure and wear.

Best of all, you can easily switch out entrance mats and area rugs between tenants. That way, every new tenant starts with a fresh, clean slate.

All of these tips and tricks can help make your property a cleaner and nicer place. If you need further assistance with caring for your Long Beach rental, we invite you to call us today at (562) 888-0247 or you can fill out our Owner Application online .

Comparing Security Cameras for Your Long Beach Rental

getdustin@icloud.com (Dustin Edwards) — Mon, 06 Sep 2021 05:35:10 GMT

Find out if Security Cameras Could be a Match for Your Rental

Security cameras have become commonplace in many houses. As such, security cameras may be a welcome addition to your Long Beach rental. Not only does the presence of security cameras deter burglars, but they also allow you to check on your property remotely, observe any maintenance, and monitor your property when tenants are on vacation or the property is vacant.

Of course, installing security cameras comes with the responsibility of respecting your tenant’s privacy. All security cameras should be outside and facing entry point locations. They should not be pointing into any windows and they should definitely not be inside the rental. Additionally, you should be honest and upfront with your tenants about any security cameras. Informed consent is important and will ensure that tenants feel comfortable on your property. If your tenants have any concerns, explain to them that the security cameras are for their safety.

With that being said, below are the most popular and reliable security cameras available for your Long Beach rental.

Ring

Ring security cameras are best known for their video doorbells that activate in the presence of any activity at the front door. They not only allow you to see and hear activity at the front door, but they also allow you to speak to any visitors. Additionally, Ring is completely waterproof and can connect to Amazon Echo devices.

Video doorbells come in battery-powered or wired models. The choice of model comes down mainly to personal preference. Wired models are cheaper, starting at $59.99 whereas battery-powered models start at $99.99. Battery-powered models are easier to install since they do not require any electrical connection, but they do require minimal charging, usually every six months to a year.

For areas other than the front door, such as the back door, fence gate, or driveway, Ring offers security cameras that you can easily mount to the wall. Similar to the video doorbells, they come in battery-powered or wired models. However, unlike the video doorbells, both models are priced the same at $99.99.

The Ring app gives you easy access to all your security cameras, showing you a live feed and alerting you of any activity. For an added price of $3 a month (or $30 a year), the Ring app can also record at any time, giving you a video record of any suspicious activity.

Arlo

Another major security camera brand is Arlo. Unlike Ring, Arlo specializes in wireless, battery-powered cameras and does not offer any wired outdoor models.

The essential Arlo security cameras cost $129.99, which is certainly an upcharge from Ring’s security cameras. Nevertheless, Arlo has all the same benefits as Ring, including the ability to speak to any visitors.

One benefit exclusive to Arlo is that video recording is free of charge and does not require a monthly subscription. If Arlo detects any activity, the app will alert you and take a ten-second recording. Another sole benefit of Arlo is that their security cameras can connect not only to Amazon Echo devices, but also Google Nest and Apple HomeKit.

As for video doorbells, Arlo has recently released their own lineup of wired and battery-powered models . Both are significantly more expensive than Ring, priced at $149.99 and $199.99 respectively. A unique feature of Arlo’s video doorbells is their built-in siren, which you can easily sound using the app to scare any potential intruders.

There are many factors to consider when deciding on security cameras for your Long Beach rental. Though Arlo security cameras are more expensive, they have added benefits that Ring security cameras do not, such as a built-in siren for the video doorbell, free recording, and connectivity for both Google Nest and Apple HomeKit. Ultimately, these added benefits can outweigh the higher cost. Nevertheless, if you are looking for a cheaper option and do not mind giving up a few extra features, Ring is the best choice for you.

Finding and installing security cameras for your Long Beach rental can be a lengthy process, but the added safety benefits and peace of mind are worth it. For more help regarding security cameras and other means of protection, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

Rental Property Maintenance Tasks You Might Be Missing

getdustin@icloud.com (Dustin Edwards) — Mon, 30 Aug 2021 04:07:25 GMT

Small Maintenance Items Can Help You Save Big on Costly Repairs

A vital component of operating your Long Beach rental is ensuring that everything on the property is in pristine and working condition. Broken or faulty items not only pose an inconvenience for your tenants, but they are also a potential safety hazard. Additionally, if interested tenants notice anything is disheveled or defective, chances are they will turn down your rental.

However, there are times when even experienced landlords overlook certain aspects of their rental. As such, here are a few important property maintenance tasks that you might be missing.

Sprinkler Heads

There are many reasons your Long Beach rental’s sprinkler heads may break. Most commonly, feral animals might tamper with them, or machinery (i.e. lawnmowers, bicycles, and cars) might come into accidental contact with them. Regardless, it is important to check on your rental’s sprinkler heads and ensure that they are intact and still working properly.

If you find that one of your rental’s sprinkler heads is broken, replacing it is a rather simple and inexpensive process. Start by checking the top of the existing sprinkler head to determine the model (pop-up or impact), delivery rate (inches per hour or gallons per minute), spray pattern, and throwing distance. Failing to match any of these details can cause water leakage and damage to the sprinkler system.

Once you know all these characteristics, you can find replacement sprinkler heads at Home Depot or your local home improvement store.

After obtaining the replacement sprinkler head, dig a hole around the old sprinkler head, unscrew it from the riser pipe, and screw on the new sprinkler head.

Then, you should test the sprinkler system and watch it for a few minutes to verify that the new sprinkler head works properly. If no leakage occurs, chances are your replacement sprinkler head is a success!

Washer Hoses

One of the most common culprits of house floodings is washer hoses.

Many homes have washer hoses made out of reinforced rubber, which are dangerous because of their likelihood to burst. Not only would this pose an extremely horrible situation for your tenants, but it could also cost you hundreds if not thousands of dollars in water damages and refurbishment expenses.

Instead of a rubber washer hose, consider purchasing a stainless steel washer hose. The stainless steel minimizes any chance of flooding by acting as a burst-resistant barrier.

For an even greater safety measure, you can buy a stainless steel washer hose with an auto-shutoff mechanism. This additional feature will stop water flow if it senses any alarming changes in water pressure.

Out of all of the above options, auto-shutoff stainless steel washer hoses are the best choice. Though they may be the most expensive, the added price is worth the peace of mind knowing that your Long Beach rental is safe from flooding.

Smoke and Carbon Monoxide Detectors

Smoke and carbon monoxide detectors are essential and required items for your rental. According to the California Building Code, there must be one smoke alarm on every floor of non-sleeping rooms, one smoke alarm in every sleeping room, and one smoking alarm in every hallway that leads to a sleeping room.

Similarly, California law requires at least one carbon monoxide detector in single-family residences. One should be sufficient for a one-story rental, but if your rental is two stories, consider installing one downstairs and one upstairs.

It is important to make sure that your Long Beach rental meets these standards and that all the smoke and carbon monoxide detectors are operating.

The best way to guarantee this is by replacing smoke detector batteries annually and carbon monoxide detectors biannually. By doing this, you avoid any false chirping, which poses an inconvenience for your tenants and might falsely scare them into thinking there is a threat. Additionally, this gives you time to check on all the detectors and see if they are malfunctioning or broken.

Furthermore, you should replace smoke detectors around every ten years and carbon monoxide detectors about every five years because, eventually, the alarm sensors stop working. Leaving old detectors in your Long Beach rental can be hazardous as they may fail to save your tenants from catastrophic fires or gas leaks.

Home Depot and plenty of other retailers carry a wide variety of smoke and carbon monoxide detectors.

Window Screens

Torn and brittle window screens are not only unsightly and bring down your Long Beach rental’s curb appeal, but they also let in bugs, rain, and dust.

Unfortunately, there is no clear lifespan for window screens. Therefore, you should keep an eye on your rental’s window screens and replace them whenever they become thin and start to develop holes. Depending on the amount of wear and tear they endure, window screens can last anywhere between five to ten years. It all depends on how you and your tenants care for your property.

Home Depot carries pre-framed window screens of various widths which makes it easy to find replacement screens that best fit your rental’s windows.

Adding these property maintenance tasks to your checklist will better your rental and foster happier tenants. If you need further assistance with caring for your Long Beach rental, we invite you to call us today at (562) 888-0247 or you can fill out our Owner Application online.

Adding Speakers to Your Long Beach Rental

getdustin@icloud.com (Dustin Edwards) — Mon, 23 Aug 2021 01:44:22 GMT

A Great Outdoor Area Can Keep Tenants Happy for the Long Haul

Music brings people together and lifts spirits. You can easily cultivate this positive energy within your Long Beach rental by purchasing speakers. Speakers are a relatively inexpensive and easy-to-implement addition that can entice and excite tenants to enhance your overall outdoor experience for your rental .

Here are the different types of speakers to consider for your Long Beach rental.

Smart Speakers

One of the most popular recent technological advancements is smart speakers. Since the debut of the Amazon Echo in 2014, smart speakers have become commonplace in many homes and apartments.

There are various brands of smart speakers available, most notably Amazon Echo, Google Nest, and Apple HomePod. All three brands provide relatively similar features, such as making calls, setting timers, recommending recipes, making online purchases, and facilitating news updates. Additionally, they each come with a virtual assistant (Alexa, Google, and Siri respectively). The main difference between each brand is their available models and sound quality.

The standard Amazon Echo model (currently in its 4th Generation) costs $99.99 and has a fantastic sound quality and can play music via a connected Bluetooth device or any online streaming service (such as Amazon Music, Spotify, or Apple Music). For a cheaper price of $49.99, you can purchase the Echo Dot (also currently in its 4th Generation). However, the sound quality is quiet and grainy compared to the standard Echo.

Similarly, the Google Nest has a standard and mini model, marked at the same price as their Amazon Echo counterparts. Also, like the Echo Dot, the Nest Mini’s sound quality is not as clear or loud as the standard Nest.

For a better sound quality than the Amazon Echo or Google Nest, consider purchasing the Apple HomePod or Apple HomePod Mini. Both models are at the forefront of speaker technology with easy Bluetooth connectivity and smooth, crisp surround sound. Of course, their superior sound quality comes at a much higher cost. The standard HomePod model costs $299, and the HomePod Mini costs $99.

Given the higher cost of the Apple HomePod, it is probably more feasible to buy the Amazon Echo or Google Nest for your rental. While the Amazon Echo offers a heavier bass, it shares about the same sound quality as the Google Nest, and choosing between the two is like pulling hairs. An added feature of the Amazon Echo is it allows owners to track their Amazon orders. 112-million Americans are Amazon Prime members, and your tenant may be one of them. Thus, the Amazon Echo’s tracking features may be beneficial to them.

Overall, smart speakers can be a wonderful addition to your Long Beach rental’s entertainment space, allowing your tenants to listen to high-quality music indoors.

Wireless Outdoor Speakers

One drawback of smart speakers is that, currently, every model requires a plug-in and internet capabilities. If your Long Beach rental has an expansive front yard or backyard area, this poses a difficulty for when your tenants want to listen to music outdoors.

Luckily, there are many wireless speakers available. It is important to note that any wireless speakers you consider for your rental should be durable, water-resistant, designed for outdoor use, and hold a long charge. This way, they will withstand any damage they may retain from sun, wind, or liquid exposure and last long enough for parties or simply long afternoons lounging on the deck.

Wireless speakers tend to have higher prices than the aforementioned smart speakers because they are typically larger, have stronger speakers, and have chargeable batteries. That being said, you should not have to spend more than $250 on an excellent wireless speaker.

AR Speakers is a brand of wireless speakers that provide superb sound quality. They have four models, all of which are weather-resistant, Bluetooth compatible, hold a fourteen-hour charge, and light-up for night use. You can even buy two to create outdoor surround sound.

The cost of AR Speakers ranges from $120 to $160, with their popular Santa Cruz model available at Costco.

For a more cost effective option, Nuvelon is another brand of wireless speakers with incredible sound quality, Bluetooth compatibility, and light effects. The only drawback is they only hold a two-hour charge, which can pose an issue for tenants hosting longer get-togethers and parties.

Two Nuvelon Flares cost only $239, which is more affordable than buying two AR Speakers, especially if you want to achieve that outdoor surround sound.

Built-in Outdoor Speakers

Built-in outdoor speakers are a more eco-friendly and artistic option that camouflages speakers but does not sacrifice great sound quality.

Innovative Technology speakers look like rocks and can seamlessly blend in with your rental’s landscaping and foliage to create a natural look. Furthermore, they do not require any plug-ins or charging because they are powered by solar. This cuts energy costs and makes it easier for your tenants to operate them. All they have to do is connect to the speakers via Bluetooth. Best of all, tenants and their guests will not even bat an eye at the realistic design.

A pair of Innovative Technology rock speakers only cost $129.99 and come in a variety of shades to best match the color palette of your Long Beach rental’s backyard.

Incorporating any one of these above speakers can pose a notable draw to your Long Beach rental. For more ideas surrounding how to entertain and intrigue tenants, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online.

Which Property Management Services are Right for You?

getdustin@icloud.com (Dustin Edwards) — Mon, 16 Aug 2021 04:45:14 GMT

Understand Which Services Can Help You and Your Property

When you are first evaluating property management services it might feel overwhelming. Which services would suit you best? Which help save you the most time? If this is your first time managing your own property or engaging a property management company take time to understand the key points of service.

Here are some of our most popular property management services that can save you time and keep your tenant happy.

Tenant Portal

For all landlords, accepting new tenants is always a risky and nerve-wracking process. Not only could they be late on their rent, but they could be unruly and disrespectful of your property.

Having a property management company complete thorough background checks for all applicants can alleviate the process of finding the best tenants for your rental, especially if you have no idea where to start when it comes to vetting your applicants.

Once you have found the right tenants for your rental, you can have them pay rent, submit maintenance requests, and more via our online Tenant Portal . This page makes it easy for your tenants to access everything they may need in one convenient place.

Assistance for Selling Your Rental

When it comes time to find new tenants for your rental, a property management company can offer you a variety of services to make the process as simple and successful as possible.

For starters, we can provide you with a “for lease” sign and at least 30 professional quality digital photos which you can use when posting your listing online.

Furthermore, we can design and post advertisements for your listing on over 400 major websites.

After drumming up interest, we can also help you set up property viewings for interested applicants. Having us handle tours of your rental ensures that all the points of interest are covered and applicants are not left confused or wondering about certain aspects of the property.

Inspections and Proposals

If you are having trouble deciding which cost-effective additions will add appeal to your rental, engaging in inspections and even proposals for new enhancements may be the perfect property management service for you. Inspections are a helpful process where we can provide you with some insight regarding your rental’s marketability. These suggestions may range from landscaping tips to flooring recommendations and act as catalysts to both propel your rental value and make it stand out against the competitors.

Additionally, we can conduct a professional rental analysis of your area to evaluate the best ways to combat and eliminate local competition.

ADUs and Other Additions

One of the best additions to consider for your rental is an Accessory Dwelling Unit (or ADU for short). As California legislation has responded to the rise in the public interest, the popularity of ADUs has only increased.

However, developing an ADU can be a lengthy and complicated process. There are numerous code guidelines and restrictions that must be followed and vary based on your which city your ADU resides in. As such, hiring a property management company well-versed in ADUs can simplify the process, help connect you with great resources, and ensure that you are making a responsible decision. It would be terrible if you hundreds of thousands of dollars into developing an ADU and did not recoup your investment.

ADUs are not the only addition that property management companies can assist you with. Whether you need help choosing a new fence or installing a pool, we can be there during the entire process and recommend trusted suppliers and contractors.

Our ultimate goal is to make any expansions to your rental property as easy and affordable as possible!

Having access to these property management services and more can make your job as a landlord much more straightforward. If you are interested in receiving our assistance or want to learn more about our entire catalog of property management services, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

A Garage Can be a True Asset to Your Long Beach Rental

getdustin@icloud.com (Dustin Edwards) — Mon, 09 Aug 2021 04:50:43 GMT

Creativity with a Garage Can Help Add Real Value to Your Rental

Throughout Long Beach and Los Angeles County, most garages go unused for a variety of reasons. Either your tenants carpool, they leave their car in the driveway out of convenience, or their car cannot squeeze into the garage. Regardless, chances are your Long Beach rental garage is sitting empty and collecting dust. However, you can repurpose the underutilized location with a host of enhancement that could interest your tenants and add value to your property.

Storage

Most commonly, people use their empty garages to store all the belongings they cannot fit within their house. For tenants, extra storage can be extremely helpful, especially if they only plan on staying in your rental for a relatively short period. For more information on the ways you can make your garage into the ideal storage space, check out the following blog post: Garage Storage Enhancements for Your Long Beach Rental .

Home Gym

With the hectic schedules most Long Beach residents face, a home gym can save your tenants both money and time otherwise spent at their local fitness center. Furthermore, installing a home gym can fit your rental with a distinct amenity to draw potential tenants and increase your rental rates.

Though there are various exercise machines to choose from, it is best to stick with simple, frequently used equipment such as treadmills, ellipticals, dumbbells, and/or power racks. You can find a range of options at Gym Source or your local fitness store.

Playroom

When looking for a rental, a playroom may be the deciding factor that makes tenants with children choose your property. Additionally, like a home gym, you can charge higher rates for the added space.

Converting a garage to a playroom requires new flooring that is safe for children and also durable, such as luxury vinyl tile . Then, simply put in some storage for toys and a few kid-sized tables and chairs for activities.

The benefit of redesigning the garage to a playroom rather than a home gym is that it is a cheaper but altogether equally lucrative investment. There are just as many budding families as there are gym rats searching for rentals in Long Beach.

Home Office

In the aftermath of the COVID-19 pandemic, many businesses either have yet to return to in-person work or plan to remain online indefinitely. As such, tenants may prefer a home office to operate in rather than their kitchen or living room.

If your rental does not have a separate home office, it may be smart to implement one in the garage. All you need is a desk, a chair, a printer, easily accessible electrical outlets, and perhaps some storage.

Depending on the size of the garage, you could even combine the home office with a home gym or playroom to make it a multipurpose space. This would make your rental more desirable and more valuable.

Accessory Dwelling Unit

An Accessory Dwelling Unit (ADU) is an addition to your rental property that consists of its own entrance, bedroom, bathroom, kitchen, and laundry. Essentially, it is a separate structure commonly referred to as a Granny Flat or Casita.

Converting a garage into an ADU can be a long process that is certainly more expensive than the aforementioned alternatives. Nevertheless, an ADU garage conversion can effectively double your single-family rental and significantly increase the value of your property. With the recent rise in popularity of ADUs, the financial benefits should ultimately exceed the initial costs.

That being said, developing an ADU can be a complicated endeavor, and there are various state and country requirements to follow.

Finding the ideal purpose for your Long Beach rental garage can be difficult. To better understand the long-term value of these potential additions and determine which one is right for you, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

A Safe Pool Environment Can Help Your Long Beach Rental

getdustin@icloud.com (Dustin Edwards) — Mon, 02 Aug 2021 04:33:15 GMT

The Right Pool Area Can Help Your Long Beach Rental

Though a rental with a pool has numerous benefits, there are several safety concerns to consider. Failure to make your Long Beach rental’s pool a harmless environment can pose a significant legal liability for you. Not to mention, facing the wrath of injured and angered tenants is hardly a landlord’s dream.

Below are some simple yet important additions you should implement to make your pool as safe as possible.

Pool Fence

Installing fencing around your rental’s pool is necessary to keep unaccompanied children out of the pool. This protects your tenants’ kids from severe injuries or accidental drowning and eliminates any liability you may otherwise face.

Aside from children, pool fences can prevent pets or wild animals from entering your rental’s pool. Squirrels, mice, rats, raccoons, and opossums in search of water will happily drink pool water. In the midst of their endeavor, these creatures may defecate in/near the pool or slip into the pool and drown. Either occurrence presents a biological health hazard for your tenants and, at the very least, will cause severe discomfort if they happen to discover a dead animal floating on the surface.

The price of a pool fence varies by the size of your rental’s pool and the type of material you wish to use. Consulting with your local pool supplies company can give you the best idea of what rates to expect.

First Aid Kit

Imagine your tenants are having a wonderful afternoon lounging by the pool. Dad is cooking delicious burgers on the grill. Mom is reading an engrossing mystery while sipping a sweet cocktail. And the kids are roughhousing in the water. Then, it happens. One of the kids slips on the damp cement while exiting the pool and scrapes their knee.

To simplify scenarios like these, put together an easy-to-locate first aid kit. Waterproof bandages (both small for tiny cuts and large for bigger scrapes), Neosporin or another antibiotic, compress gauze pads, and acetaminophen (i.e. Tylenol) are essential items to include. Additionally, perhaps add some aloe vera for minor sun irritation and sunscreen to prevent further burns.

Your tenants will appreciate all the supplies readily available to them, especially in the event of a minor emergency like the one described above.

Non-slip Material

Accidents like scraped knees or gashed elbows can easily be avoided by investing in non-slip deck material. When kids, or distracted adults, run around after coming out of the pool, they are bound to slip on wet flooring. However, non-slip deck material can absorb this excess water and reduce the risk of falls. Not only will this protect your tenants, but it will also reduce your liability risk. In the rare event that one of your tenants tumbles on the non-slip material, you will not be held accountable for the accident as you took the responsible preventative measures.

Brands like Ames Safe-T-Deck adhere to a wooden deck similar to paint and can be found at Home Depot. They come in different color swatches to match your deck color and cost around $80 per gallon.

Safety Rails

While safety rails are common sights at public and hotel pools, chances are you have not seen many of them at residential pools. That being said, safety rails are one of the most necessary factors for a rental with a pool as they reduce the risk of falls that occur when entering or exiting a pool.

Furthermore, safety rails accommodate disabled tenants or tenants who struggle with reduced movement. Regardless, all tenants can appreciate the added safety and ease safety rails bring.

The price of safety rails can range anywhere from $150 to $450 depending on the best choice for your pool. In the Swim has plenty of options but you can also check your local pool supplies company.

Maintenance

One of the obvious drawbacks of a rental with a pool is the maintenance. Although you can put your tenants in charge of standard pool maintenance, such as chlorination, vacuuming, and straining, there is no guarantee that they will treat the responsibility seriously or do an adequate job. As such, it is best to complete pool maintenance yourself or hire a professional pool cleaner.

Whether you decide to hire a professional pool cleaner or do the job yourself, it is vital that you keep the pool cleaning supplies in a protected area that cannot be easily accessed by your tenants, such as a locked pool shed or your personal residence.

Chlorine tablets are dangerous chemicals and children or pets who wander into an unlocked pool shed may ingest these harmful products. Doing so can result in severe sickness, hospitalization, or even death. Chlorine tablets are not the only hazardous pool cleaning supplies. Nets to collect leaves, trash, and other debris from the water can inadvertently suffocate a helpless small child.

Situations like these can present severe legal issues for you and, if serious enough, can incur fines or a prison sentence. Thus, you must find a lock that carefully and effectively safeguards your pool shed.

A rental with a pool significantly interests potential tenants, especially in the year-round warmth of Long Beach. Nevertheless, implementing the above safety measures is important to protecting your tenants and yourself from any potential liability. If you would like assistance with these changes to your pool, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

Fencing Options to Consider for Your Rental

getdustin@icloud.com (Dustin Edwards) — Mon, 26 Jul 2021 05:56:34 GMT

The Right Fencing Options Can Help Your Tenants Feel Right at Home

For many tenants, privacy is a priority that they are not willing to sacrifice when looking for a rental. Since many Long Beach residences are situated practically on closely (especially in the prime areas near the beach) they require fencing to keep tenants safe and free from intrusion.

Below are some of the fencing options that you can consider for your Long Beach rental.

Property Fencing

Gone are the days of low white-picket-fences that intruders and creatures can easily cross. Now, rentals require tall heavy-duty fencing that effectively protects while still looking aesthetically pleasing. Fencing is also extremely helpful for tenants with pets, as it can prevent loose dogs and cats from running off the property.

Wood (such as cedar) or vinyl are the best materials for property fencing as they are sturdy and typically resist decay. Furthermore, they do not radiate the negative connotation that chain-link fences do. As such, they will be more appealing to tenants.

Both materials tend to run at similar prices, ranging from $80 to $90 per 6-foot high panel. For more information surrounding material prices and cost of installation, seek a quote at Home Depot or your local fencing company.

Gate

Another factor to recognize when implementing property fencing is a gate.

For starters, a vehicle gate is necessary to allow your tenants access to their driveway. Though a manually locked gate is cheaper, an electric gate that can only be opened via a fob is much more convenient for your tenants.

Also, your Long Beach rental should have a pedestrian gate that leads to the front door. This will provide easy access for you, your tenants, and their guests.

Prices for manually locked gates are similar to the cost of 6-foot high panels, but electric gates can cost thousands of dollars and, thus, are not necessarily a financially feasible route.

Pool Fencing

If your Long Beach rental has a pool, fencing surrounding it is essential to maintaining a safe pool environment, protecting your tenants’ children, and eliminating any liability you may otherwise face. There are a variety of pool fencing solutions and when looking to implement pool fencing we recommend a professional to install due to the nature that it is for providing safety to the residents.

Fenced Trash Area

An area that is often overlooked is where one would store the trash and recycling cans. Wood or vinyl storage fencing provide the perfect space to store and cover unsightly trash bins when they are not positioned on the curb for pick-up.

Prices can vary based on the design, but this unassembled vinyl paneling at Home Depot is classy, durable, optimal for two trash bins, and reasonably priced at around $340.

While there are many items to consider regarding fencing , having a nice and protective barrier surrounding your Long Beach rental can attract great tenants.

Additionally, during the construction process, it is important to know exactly where your property line is. According to the California Good Neighbor Fence Act of 2013, you must notify any neighbors about the installation of fencing on a shared property line at least thirty days prior. By doing so, you can discuss paying the cost of installation equally. After all, if the new fence is on a shared property line, it benefits your neighbor just as much as it benefits your tenants.

Discussing new fencing with your neighbors can be a tricky process, especially if you have an indifferent or poor relationship with them. Finding a property management company to oversee fencing installation can make the entire process easier and relieve any stress. If you are seeking assistance with any type of fencing, we invite you to call us today at (562) 888-0247, or you can fill out our Owner Application online .

A Great Outdoor Experience Can Keep Your Tenants Happy

getdustin@icloud.com (Dustin Edwards) — Sun, 18 Jul 2021 20:53:09 GMT

A Happy Tenant Can Stay a Tenant Longer

A lavish backyard is an excellent amenity for your Long Beach rental. It can be a place where your tenants enjoy the year-round heat, experience a relaxing afternoon, or host entertaining parties. Not only will these factors draw tenants to your rental, but they will also increase your property value and, subsequently, make you more money.

Here are a variety of additions that will give your tenants a fantastic outdoor experience.

Fencing

Privacy is an essential aspect of any residence, especially in a large city like Long Beach. Installing fencing will help your tenants feel safe and comfortable in their own home.

There are various items to consider regarding fencing for your rental . It is important to take these factors into account when choosing the fencing that is best for your rental property.

Outdoor Lighting

Another way to make your tenants feel protected is by adding outdoor lighting across your rental property. Most notably, outdoor lighting provides ambiance and can illuminate pathways to provide necessary guidance during the night. Without it, your tenants are more likely to stumble or fall in the dark.

Furthermore, outdoor lighting keeps your rental’s backyard lit and visible. Burglars are less likely to infiltrate a property when they or their shadows can easily be seen.

To learn more about outdoor lighting for your rental, check out the following blog post: Outdoor and Security Lighting to Help Keep Your Tenant Feeling Good .

Outdoor Living Space

One of the positives of living in Southern California is lounging outside with a good book and a cool drink. Designing a spacious outdoor living space can give your rental a competitive edge that others may lack. Comfortable and cushioned lounge seats, a dining set, and a grill are all amazing items that can make your outdoor living space a wonderful and engaging space perfect for laid-back leisure or joyous partying.

Additionally, if your rental has a large enough backyard, consider putting in a pool. Though they require various safety measures, rentals with pools provide immense advantages for you and your tenants.

Overall, an expansive and tasteful outdoor living space can be a rewarding investment that significantly interests tenants.

Outdoor Technology

Even outdoors, the latest technologies can intrigue tenants and further enhance their backyard experience.

For starters, a portable Bluetooth speaker can provide optimal outdoor volume and accompany your tenants when they unwind or party outside. Brands like AR Speakers are relatively inexpensive, ranging from $120 to $160. All four of their models come with phenomenal sound quality and require infrequent charging. This makes them ideal for both lengthy parties and intimate gatherings.

Also, a projector and simple tarp can transform family movie night into a novel outdoor affair. Your tenants can play films, TV shows, music videos, and even video games on their projector. The big screen combined with the outdoor environment will take them back to the days of parking at a drive-in movie theater. Outdoor projectors can cost anywhere from $50 to $150, and you can find many models at Best Buy.

Installing the latest technologies can intrigue tenants and further enhance their outdoor experience.

Incorporating any one of these elements can make your rental’s backyard an enticing and exciting space. Meeting with a property management company can help you narrow down which outdoor ideas are best for your Long Beach rental. For further assistance, we invite you to call us today at (562) 888-0247, or you can fill out our online Rental Analysis .

What Type of Flooring Would You Recommend for Long-term Wear for Rentals?

getdustin@icloud.com (Dustin Edwards) — Sat, 10 Jul 2021 14:46:41 GMT

Attractive Flooring that Lasts Helps You and Your Tenant

Buying flooring for your Long Beach rental can be a daunting process. You want to make the right decision while also remaining within your price range.

There are a variety of factors to consider. Your rental flooring should be aesthetically pleasing, easy to clean, and built to last. It should provide your tenants with both convenience, a touch of style, and even help to attract the best tenants for your property.

Furthermore, buying flooring for your rental is not the same as buying for your primary residence. This is a mistake that many new landlords make. It is one that, after it has been made once, is not repeated. We encourage you to discover flooring options below that are ideal for your Long Beach rental.

Luxury Vinyl Tile

Gone are the days of wall-to-wall carpet. Not only is it a burden to clean, but it also retains hideous stains and is not durable. Additionally, dogs and cats can easily shred and rip up carpet. Though tenants with pets would obviously have to pay for any damages, you would still be responsible for all the work of buying new carpet and hiring an installation service.

While wood flooring is easier to clean, much like carpet, it is not durable. Wood flooring is prone to scuffs, scratches, and spills. These damages are sometimes permanent. Even if they are fixable, repairs can be expensive. Also, wood flooring is not ideal for humid environments. This poses an issue for rentals in Long Beach.

All the potential hassles of a rental fitted with carpet or wood flooring can be eliminated by replacing it with much stronger alternatives, such as Luxury Vinyl Tile.

Luxury Vinyl Tile (or LVT for short) is a type of flooring that resembles wood or stone. It consists of three layers - a backing layer to add stability, a photographic layer that displays the design, and a protective layer to promote longevity. LVT’s strong protective layer shields against scratches and water. Whether the bathtub overflows, appliances leak, or your tenant spills a drink, the flooring will remain safe. Moreover, LVT is humidity resistant and preserves heat to keep your tenants’ feet warm, unlike wood flooring which (without proper insulation) is usually cool underfoot.

Many people are partial to the coziness of waking up and stepping on warm, fluffy carpet. As such, tenants may have an adverse reaction to bedrooms lacking carpet. However, you can put LVT in your rental’s bedrooms and still keep your tenants happy. To help with creating a “warm” environment consider putting down area rugs to offset the usage of the LVT as those can be replaced for each tenant easily and very cost effectively.

Another positive of LVT is its noise reduction. Although footsteps on wood flooring can commonly be heard around your rental, footsteps on LVT are relatively silent. This makes your rental a quieter place.

Best of all, LVT is a relatively inexpensive option. According to ImproveNet , material costs run at about $2 to $7 per square foot, and installation costs range between $1 to $4 per square foot. Despite its low price, LVT is visually stunning and rivals the look of wood flooring. For more information surrounding LVT pricing, visit your local flooring retailer.

Taking all these points into consideration, LVT is arguably the best option for your Long Beach rental. Hiring a property management company can make finding and installing LVT easier. If you would like assistance with flooring or other additions to your rental, we invite you to call us today at (562) 888-0247, or you can check out our Free Rental Analysis online .

Should You Upgrade the Appliances in Your Long Beach Rental?

getdustin@icloud.com (Dustin Edwards) — Sat, 03 Jul 2021 03:38:32 GMT

Are Energy Efficient Appliances Worth the Investment?

Recent technological advancement has paved the way for energy efficient appliances that can lower your Long Beach rental’s monthly power bills, reduce the level of energy your tenants use, and contribute to a cleaner environment. Although energy efficient appliance s for your rental may come at a higher cost, the initial investment can be worth the overall gain in lower electric bills and attracting the right tenant.

You might be saying “it doesn’t matter to me, my tenant’s pay the bill” . We encourage you to look at it from the tenant’s view. A lower bill allows them more flexibility, demonstrates they have a landlord who cares about their bills, and creates a better rental environment.

Below are a range of energy efficient appliances to consider, as well as the money they can save you.

Dishwashers

Over the last decade, dishwasher technology has made notable improvements. Replacing your rental’s old dishwasher with an energy efficient counterpart can save almost 4,000 gallons of water and the cost to run an energy efficient dishwasher is only about $35 a year.

Furthermore, modern dishwasher models have dozens of new and helpful components, such as warmer water temperature settings and a soil-sensor to determine if the water runs clean after washing a dish. Implementing one of these energy efficient dishwashers will encourage your tenants to stop washing dishes by hand. Not only will this save them hours of time, but it will also conserve their water use, thereby lowering your rental’s monthly water bill.

Refrigerators

Energy efficient refrigerators are one of the easiest ways to switch to more eco-friendly rental appliances as they include a variety of innovative features to save you hundreds of dollars over their twelve-year life span. Some of these features include added insulation that keeps food cold and high-efficiency compressors that reduce the energy used to regulate temperature.

Overall, these refrigerators tend to be about 9% more energy efficient than regular refrigerators, which reduces your rental’s costs and emissions.

Refrigerators are appliances that sometimes tenants like to bring their own. We recommend developing a policy on whether you provide a refrigerator or you want your tenant’s to bring their own. Consistency is key in this area.

Washers

Washers are notorious for using an abundance of water and energy during each cycle. When you have two or more tenants, the cost of those cycles can add up. However, energy efficient washers significantly lower the amount of water your tenants use per cycle by around 33% and the amount of energy by about 25%. For energy costs alone, this saves you almost $370.

Energy efficient washers typically ditch the central agitator, allowing your tenants to wash more clothes in a single cycle. Not only does this help your tenants, but it is also better for the environment as it requires less cycles and uses less hot water.

Tankless Water Heaters

As previously discussed on our blog post about Seasonal Checklists , tankless water heaters are a wonderful inclusion to consider for your rental property. For one, they take up less space than a conventional water heater, which can be especially helpful if your rental does not have a garage. Additionally, they save energy and markedly cut costs by only heating water when you turn on the faucet.

Standard water heaters are notoriously the second highest energy user in American homes. Switching to a tankless water heater could save you around $1,500 and remarkably reduce your rental’s emissions.

Heating and Air Conditioning Units

Smart thermostats such as Google Nest and ecobee have changed the game for heating and air conditioning in homes. What makes these thermostats so unique is that they do more than warm and cool your rental. Rather, they learn from your tenants preferences and adjust the temperature to fit their needs.

Most notably, their learning capabilities are incredibly energy efficient. According to Google, the Nest thermostats alone have saved over 78,300,000,000 kWh of energy! This is largely due to the smart thermostats’ ability to turn off when your rental is empty. Then, when it detects that your tenants are almost home (by tracking their phones), it automatically starts warming or cooling the rental to reach their ideal temperature.

Some other neat aspects of smart thermostats include the ability to set the temperature via your phone, smart speaker, or smart watch, constant system monitoring to alert you of any potential mechanical issues, and an energy-saving mode.

All of these components make smart thermostats the future of heating and air conditioning and a welcome feature to boost your Long Beach rental.

Finding the best energy efficient appliances is easy. Simply look for any appliances with the Energy Star logo. Energy Star is the government-supported leader in testing and certifying energy efficient appliances to reduce power costs and greenhouse gas emissions. You can find a large selection of Energy Star models at your local appliance store or Home Depot.

Hiring a Long Beach property management company can make finding and installing the latest technologies easier. If you would like assistance with energy efficient appliances or other additions to your rental, we invite you to call us today at (562) 888-0247 or you can fill out our Owner Application online .

Do You Have a Seasonal Checklist for Your Long Beach Rental?

getdustin@icloud.com (Dustin Edwards) — Sat, 26 Jun 2021 15:07:26 GMT

A Checklist Can Keep Your Rental in Top Shape

Although Southern California may not face snowstorms or heavy rainfall, having a seasonal checklist can keep your tenants happy and safe. Everything on your property should always be clean and fully functional. Not to mention, maintaining your property’s appliances and fixtures increases their longevity, therefore saving you money that would otherwise be spent on repairs or replacements.

Here are a few important rental maintenance items to add to your Long Beach rental’s seasonal checklist.

Cleaning Rain Gutters

Occasional sprinkles and showers are typical seasonal elements in Long Beach. Over time, rain gutters fill with leaves, sticks, rocks, litter, and more that can cause them to clog. Leaving this debris untouched not only makes it difficult for the gutters to catch rain, but can also cause mold growth, leaking roofs, and rodent infestations. As such, it is important to clean your gutters at least once a year.

Autumn is usually the best time to clean your gutters, especially if your rental property is abounding with trees. Additionally, consider cleaning your gutters (or at least checking on them) after any downpour or windstorm.

Though it may seem daunting, cleaning your gutters is fairly simple as it only requires a few basic tools: a ladder, a small scoop, and a garden hose.

Once you have all these tools, you can climb up the ladder and use the scoop to remove all the muck. Afterward, rinse out the gutter with a garden hose and it should look good as new!

Cleaning Dryer Vents

Most rentals with a laundry dryer have an exhaust vent outside the property. This vent propels dust and lint during cycles. These particles can collect within the vent, leading to the growth of mold and creating a fire hazard. Yet, many people neglect to clean their dryer vents on a regular basis.

To do so, all you need is a scrubbing brush and some cleaning solution (dishwashing soap will suffice). Lather the scrubbing brush in the cleaning solution and run it along the outside exhaust vent, making sure to collect as much dust and lint as possible. Doing so once a year is crucial to maintaining a safe area for your renters to wash and dry their clothes.

Servicing Heating and Air Conditioning Units

Most Long Beach properties feature furnaces to combat cold winter nights. For those summer heat waves, some also include air conditioning units. It is important that you have any of your rental’s climate control equipment serviced once a year.

Failure to schedule annual furnace inspections can have dire consequences for your tenants. Faulty furnaces may emit carbon monoxide, a colorless, odorless, and deadly gas. Installing carbon monoxide detectors across your rental can help avoid any catastrophe. Nevertheless, you should still have your furnace serviced every autumn (before temperatures drop to chilling levels) to further prevent the accumulation of dust and mold in your furnance’s air filter and ensure that the furnace is effectively heating your rental.

Similarly, air conditioners require annual check-ups to guarantee that they are running to the best of their ability. Most of the time, inspections consist of nothing more than cleaning the air filter of any grime and checking that all the parts are running smoothly. It is best to have your air conditioners serviced around springtime (before temperatures rise to blazing levels).

To service your heating and air conditioning units, schedule an appointment with your local HVAC repair company or you can even call us for our preferred vendors.

Servicing Tankless Water Heaters

There are plenty of positives to having a tankless water heater on your rental property. They take up less space, are more environmentally friendly, and save money long-term. Despite this, they do require added care and inspection than storage tank water heaters.

Since tankless water heaters heat the water as you turn on the faucet, there is room for complication. Thus, plumbers need to check that your tankless water heater is heating properly and at the right temperature. Furthermore, the minerals present in water can impede flow over time, leading to irreversible damage.

Taking these factors into consideration, you should have your tankless water heater serviced every six months by your local plumbing company.

Replacing Plants

Plants can be a lovely and charming addition to both the inside and outside of your rental. However, some plants are much more difficult to maintain than others. Finding plants that are both affordable and low-maintenance, such as perennials, succulents, and drought-tolerant plants, can both beautify your Long Beach property and alleviate your seasonal responsibilities. To learn more about these accessible options, check out the following blog post: Low-maintenance Landscaping for Your Long Beach Rental .

Establishing a seasonal checklist is a vital component of property management. If you are looking for assistance with caring for your Long Beach rental, we invite you to call us today at (562) 888-0247 or you can fill out our Owner Application online .

Smart Property Updates that Can Add Convenience for Your Tenant

getdustin@icloud.com (Dustin Edwards) — Sat, 19 Jun 2021 06:00:21 GMT

You Might Find the Smarter the Rental...the Happier the Tenant

In today’s digital age, technology has become a fundamental aspect of our lives. Especially inside the home. When looking for a new rental, many people want a modern place that incorporates the latest high-tech innovations.

Updating your Long Beach rental to meet these new standards of living can be crucial to staying competitive and cultivating a convenient space for your tenants.

The following are some of the various technological additions to consider for your Long Beach property to become a smart rental .

Smart Bulbs

If you plan to incorporate a smart speaker into your Long Beach rental, you might want to consider installing smart bulbs as well. Smart bulbs are lights that your tenant can turn on and off simply by asking their smart speaker or using their smartphone. Thus, smart bulbs eliminate the need to get up and flip a switch, which is especially convenient when your tenant is already tucked into bed. Tenants can also set up routines for the smart bulbs to regularly turn themselves on and off.

Furthermore, the most popular smart bulbs brands, such as Philips Hue and NiteBird , are LED lights that can change color. As such, not only are these bulbs energy-efficient, but they can also create vibrant and emotive ambiances for your tenant.

Smart bulbs range in cost from $15 to $50 on a per bulb basis. It’s not required to add smart bulbs in every room of the house. It is recommended to add them to the rooms that will add the most convenience for the tenant. You might consider the master bedroom, living room, or other highly used areas.

USB Wall Outlets

With all the devices on the market now (smartphones, computers, tablets, smartwatches, etc), it is imperative that your tenant has plenty of electrical outlets. Most of the aforementioned devices do not require standard three-prong plugs to charge. Rather, they can simply plug into USB ports. Installing wall outlets with USB ports adds extra space to ensure that your tenant can charge as many devices as possible. Plus, USB ports tend to charge devices faster and, therefore, conserve energy.

Altogether, USB wall outlets are one of the easiest ways to improve your rental with a low-cost and relatively simple installation process.

You can get a 3 pack of USB wall outlets from Home Depot in the $55-$65 range. This is an item, if you are electrically inclined, you could do over a weekend prior to renting out your property. We recommend installing these in bedrooms and maybe one or two in a kitchen (away from water source of course).

Ceiling Fans

Though the sea breeze is usually refreshing enough for Long Beach rentals, there are always those scorching hot days when some extra cooling is necessary. Instead of putting in an air conditioner, installing a few ceiling fans around your property can supply enough fresh air to keep your tenants cool and comfortable.

Additionally, running a ceiling fan throughout the day is an eco-friendly and cost-efficient alternative to air conditioners that can notoriously hike up electricity bills and waste energy. Especially since, in Southern California, air conditioning is far from essential.

Smart Speakers

Over the past few years, smart speakers have grown from an insignificant and unfamiliar item to a staple in many households. Now, there are numerous brands available, most notably Amazon Echo, Google Nest, and Apple HomePod. All of them share similar designs and features. And while you might think these are best suited for short term rentals, they can be a match for your long term rental as well.

For starters, smart speakers can play music and podcasts, either by pairing to a bluetooth device (ex: smartphone) or streaming via an internet connection.

Additionally, they can provide you with quick answers to simple questions. For example, “what is 19 + 89?”

Smart speakers can also make calls, set timers, recommend recipes, conduct online purchases, and facilitate news updates. Some newer models even incorporate built-in screens that can play films, TV shows, YouTube, music videos, and more.

Adding a smart speaker to your rental can make it more appealing to your tenant, as it gives them an impressive virtual assistant that will only become more advanced over time.

Smart speakers range in cost from $30-$60. They are affordable and add a modern touch to your rental.

Upgrading your Long Beach rental to craft a more convenient and modern space will help you stay ahead of the competitors. If you are looking for a property management company to help you with these modernizations, we invite you to call us today at (562) 888-0247 or you can check out our Free Rental Analysis online .

Low-Maintenance Landscaping for Your Long Beach Rental

getdustin@icloud.com (Dustin Edwards) — Fri, 11 Jun 2021 18:09:40 GMT

Create Curb Appeal and a Happy Tenant with the Right Landscape Design

All too often, tenants are not willing to put the necessary time and energy into maintaining a yard with high upkeep. Rather, they prefer something simple and non-stressful that requires almost no effort.

Implementing low-maintenance rental landscaping can help you stand out alongside competitors. Furthermore, finding the right options can add some extra beauty and charm to your property. Below are some of the many additions to contemplate for your Long Beach rental.

Rocks and Decomposed Granite

Although many Americans are accustomed to white-picket-fences and lush lawns, caring for this idealized vision is difficult in Southern California especially in Long Beach.

Abandoning vibrant grass yards does not mean your rental has to look unsightly!

On the contrary.

Combining rocks and pebbles with decomposed granite pathways creates a simple yet sleek design that enhances your rental and requires almost no upkeep. Additionally, this arrangement will intrigue tenants looking for a low-maintenance property.

Bark

Bark is a different approach that is softer and might appeal more to tenants with younger children. You can easily substitute bark for rocks and pebbles, and even create a pathway using bark instead of decomposed granite.

If you intend to add plenty of foliage to your rental, bark (or mulch) may provide an easier landscape to plant in rather than rock.

Bark is a product that you can find at local home improvement stores. Generally the cost of bark is in the $3-$5 range depending on store and size of bag. If you have a large yard for your rental property or a large area you are buying bark for you can look at places that sell bark in large quantities.

A place to buy in bulk near Long Beach is in Fullerton, CA. Check out Southwest Boulder and Stone if your project looks like you are going to be taking multiple truck loads of park.

Drought-tolerant Plants

Another landscaping addition to consider is drought-tolerant plants. They do not require frequent watering, thus alleviating a tenant’s responsibilities and lowering water bills.

Besides needing little to no water, many drought-tolerant plants provide welcome shade for hot sunny days and add a splash of color to the muted tones of rocks, bark, and/or decomposed granite. Aloe, bottle brush, crassula, kangaroo paw, lavender, and palo verde are all lovely drought-tolerant plant options.

If you are looking for more drought resistant plant options that are recommended to Southern California check out this additional Long Beach Garden resource .

Perennials

Alongside drought-tolerant plants, perennials are wonderful options for your Long Beach property since they live for over two years and, as such, do not need to be replaced often.

While they tend to require a little more attention than drought-tolerant plants, perennials are the best alternative to annuals if you are looking to add traditional flowers to your rental.

Perennials include carnations, chrysanthemums, daisies, geraniums, hibiscus, hydrangeas, peonies, and tulips. If you wish to view a more comprehensive list of perennials, we encourage you to visit Burpee’s catalog of perennials .

Outdoor Living Space

Constructing an outdoor living space that takes up all or most of your yard means less work for you and your tenants. Not to mention, your tenants will appreciate having an area where they can enjoy the fantastic Long Beach weather, indulge in some afternoon drinks, recline and read a book, or listen to music. Consider putting in cushioned lounge chairs, a dining set, and even a grill to make the space both enjoyable and versatile.

To add some privacy to this outdoor living space, think about putting up fencing. For more information regarding types of fencing and their effect on property value, check out the following blog post: 3 Items to Consider Regarding Fencing and Your Long Beach Rental .

Crafting a yard that is both tasteful and low-maintenance is far from impossible. While it may take some time and research, it will ultimately make you and your tenants happier.

If you want a property manager to give you personalized landscaping recommendations for your Long Beach rental, we invite you to call us today at (562) 888-0247 or you can fill out our Owner Application online .

5 Fair Housing Guidelines Every Landlord Needs to Know

getdustin@icloud.com (Dustin Edwards) — Fri, 04 Jun 2021 15:48:47 GMT

Tips to Help You Evaluate Your Applicants Fairly

When reviewing rental applications for Long Beach properties, there are a variety of fair housing guidelines to consider. Far too often landlords fail to evaluate fair to consider the rules and regulations that govern rental properties. In 2019 alone, almost 2,000 housing discrimination complaints were filed in California. Fortunately, the following tips can provide you with some insight into the policies related to fair housing.

1. Discrimination - Per the Federal Fair Housing Act and California’s Fair Employment and Housing Act , you cannot discriminate against tenants based on race, color, national origin, immigration status, first language, age, religion, sex, sexual orientation, disability, marital status, familial status, source of income, and/or military status. Actions that fall under the umbrella of discrimination include refusing to rent, setting different rental agreements, falsely claiming your rental is unavailable, charging a higher rent fee, and harassing a tenet.

2. Sexual Harassment - Under the aforementioned Federal Fair Housing Act, sexual harassment is considered a form of sex discrimination and illegal. Examples of sexual harassment in housing include quid pro quo and hostile environment.

Quid Pro Quo - requesting any form of sexual behavior from a rental applicant as a requirement for becoming a tenant, or evicting a tenant after they refuse to engage in any form of sexual behavior.
Hostile Environment - subjecting a rental applicant to unwelcome sexual behavior that interferes with the sale, such as inappropriate touching or obscene comments.

3. Reasonable Accommodation - Tenants with disabilities that affect their mobility, vision, and/or hearing are entitled to request reasonable accommodations to the rules, practices, and infrastructure of the rental. However, these modifications must be within reason. For example, installing handlebars in a bathroom or implementing a ramp are acceptable additions that provide equal opportunity to tenants who do not have a complete range of motion.

4. Service Animals - You cannot institute a blanket ban against service animals or individuals with service animals, as all tenants are permitted to own service animals. To determine if a tenant’s animal is a service animal, you may only ask the following questions: 1. “Are you an individual with a disability?” and 2. “What is the disability-related task the animal has been trained to perform?” Additionally, you may not charge extra fees for tenants with service animals.

5. Criminal History - Though California’s Fair Employment and Housing Act does not explicitly protect tenants from discrimination based on criminal history, it does limit your use of criminal history when reviewing a rental applicant. Such as, you cannot use criminal history to deliberately exclude tenants based on race or only run criminal history checks on racial minorities. Even advertising a blanket ban against tenants with criminal history goes against California law. That being said, you can check the criminal history of a potential tenant and generally deny their rental application if they were successfully convicted of a crime that poses a danger to employees, other tenants, and/or the rental itself.

With several guidelines surrounding rental applications, it is important to understand the factors you can deny potential tenants for. The following are all legal reasons to reject rental applications.

3 Reasons You Could Reject Tenants

Poor credit scores - Just remember to evaluate each tenant application by the same "poor" credit scores to show you are treating each applicant fairly.
Negative references from prior landlords - Ask the same questions of each prior landlord to ensure you are taking the same approach to each applicant's application.
Known history of paying rent late - Have a rule defined (i.e. 3 number of late pays in a given year) to help you evaluate each applicant by the same rules.

Understanding fair housing guidelines can be complicated but is necessary to effectively process rental applications. Finding a property management company that you feel comfortable with can ensure you follow these guidelines accordingly. If you would like assistance with fair housing guidelines, we invite you to call us today at (562) 888-0247.

Additional Fair Housing Guidelines

Should you wish to explore state and federal guidelines deeper we encourage you to visit the links below.

https://www.hud.gov/program_offices/fair_housing_equal_opp/fair_housing_rights_and_obligations

https://www.dfeh.ca.gov/LegalRecords/

https://www.dfeh.ca.gov/wp-content/uploads/sites/32/2020/04/FairHousingCriminalHistoryFAQ_ENG.pdf

https://www.dfeh.ca.gov/wp-content/uploads/sites/32/2020/10/DFEH_2019AnnualReport.pdf

5 Tips to Preparing Your Long Beach Rental from the Prospective of the Renter

getdustin@icloud.com (Dustin Edwards) — Fri, 28 May 2021 20:21:10 GMT

A Few Items of Care Can Help You Find the Best Tenants

They say to understand someone’s journey you should walk a mile in their shoes or maybe in today’s era that means zipping around on that same person’s lime scooter. While that might not exactly be possible, we do believe that when you are a rental property owner here in Long Beach (and nearby cities) that putting yourself in the position of your next tenant will help you to land the best possible people for your property. T

To help you land a great tenant consider the following tips from the perspective of the renter:

Tip #1 - Initial Photos on a Rental Listing

The first photos someone see’s of your property online are the ones that will motivate them to drive by the property and to fill out an application. Take time (or even higher a professional) to take engaging photos of the front of your home and the key areas of the property (i.e. kitchen, living room, etc.) to help them see that this is a place they want to call home for years to come.

Tip# 2 - Competitive Monthly Rental Amount

When you are listing your property for rent you want it to stand out for the right reasons not for people to wonder “uh...why is it so high?”. Take time to do a rental analysis to determine what would make your property competitive in the neighborhood. At the end of the day you want plenty of applications to select from to help you get the best renter, you don’t want to price yourself out of the market.

Tip #3 - Curb Appeal

When those initial photos draw them to visit your property you want the curb appeal to motivate them to get out of the car and check out your rental. Take the extra time to spruce up the landscaping or even repaint the front door to give a “wow moment” when prospective tenants first arrive at your property.

Tip#4 - The Opening Door Moment

Even though you aren’t selling the property, you want a potential renter to envision the property as “their home”. The more they can picture themselves living in the property the higher probability you have of keeping them for a longer term than one year. We believe in creating a great experience for our renters so that it makes it tough for them to want to move which helps keep our property owners happy with consistent cash flow from their investment.

Tip #5 - The Application Process

Whether it is a Long Beach home rental, a nearby Lakewood home rental or other property here in our market the application process needs to be easy. Prospective tenants understand that it can be competitive to get the best rentals but they have jobs and lives too which means they don’t have time to waste. When you market your property for rent it is important to quickly show prospective renters that while the application process is essential you have made it as easy as possible. This means leveraging online tools from the application process to credit checks preferably where it can all be done on a mobile phone. The easier the application process the higher probability you will have multiple great tenants to select from.

Finding the right tenant can often mean finding the right property management company. If you’d like to find out how we consistently find great tenants for our clients Long Beach rentals we invite you to call us today at (562) 888-0247 as we’d be happy to help. When you want a quick check to see how much your property could fetch in rent we invite you to fill out our Free Rental Analysis where we perform a comprehensive comparison to share your rental stacks up to the competition.

5 Hidden Costs of Poor Property Management

getdustin@icloud.com (Dustin Edwards) — Fri, 21 May 2021 14:49:04 GMT

Evaluate these Aspects to Maximize Your Investment

When you are considering making a move to a property management company in Long Beach it can be easy to focus on “what are the monthly fees?”. Of course fees are only part of the story when it comes to having a property management company. Find out more about the five hidden costs of poor property management to help you find the best possible match for your goals.

Vacancy Periods - Each day that your property isn’t occupied with a tenant it is costing you money. Even if you own your property outright there are still baseline expenses of maintenance, taxes, and insurance that you will have to pay if you don’t have a tenant in place. As you are interviewing property management companies to see if they could be a good match for your property, dig deep to understand how long properties that they manage stay vacant. Ask specifically how long properties like yours (i.e. a 3 bedroom/2 bathroom home in the Los Altos neighborhood) stay vacant after a tenant leaves. Get them to be as specific as possible given both current market conditions as well as moments a few years back to help you see how long properties are truly staying empty that they manage.
Cost of Maintenance - When most people think of the cost of maintenance they are thinking about the hard cost of a specific repair but that is only half the battle. Of course you do want to be cognizant that you are getting a fair deal on repairs ranging from a faucet to a water heater, but more importantly what repairs could be missed that could cost you more money later if they aren’t addressed? Items such as not replacing older dishwashers or having rubber hoses on laundry units (vs. braided lines) can result in massive repairs vs. addressing at smaller increments over time. Take the time to ask prospective property management companies how they approach maintenance, how they ensure on-going maintenance is fairly priced, and their philosophy to mitigate major items that could be avoided.
Missed Rental Increases - Far too often we hear from new clients that they have had the same rent for years and that is because “they are afraid of losing a great tenant”. While we certainly don’t want properties to be vacant, we also don’t want to see owners miss out on additional income. While it might be easy to avoid a rental increase, not raising the rent (based on solid analysis of competitive market rents) is one of the ways to have your asset truly underperform. To help you avoid this pitfall ask prospective property management companies how they approach increases, when they recommend maintaining rents, and even how much of an increase could be expected when they do raise the rent.
Unexpected Fees - All too often a good presentation or even a guarantee can have owners miss out on the total costs of a property management company. While most owners ask about the percentage of management fee they sometimes forget to ask if that is ALL of the costs of working with the management company. Don’t forget to ask for a sample invoice to see if there are move-out fees, marketing fees, or other such items that could impact your total cost of engaging with that company.
Stress and/or Anxiety - Whether it is unexpected fees or something such as a lack of communication, the wrong property management company can cause you stress! Stress and anxiety can hurt your passion for real estate or worse put strains on your relationships with friends and family. To help you minimize the potential for stress, take the time to really ask questions of potential property management companies ranging from their communication strategy to even asking if you can speak to other owners to see how they like working with that company.

Finding the right property management services from the right company can be a challenge. If you’d like to find out how we can help you avoid the above mentioned pitfalls for your Long Beach rental call us today at (562) 888-0247. When you want a quick check to see how much your property could fetch in rent we invite you to fill out our Free Rental Analysis where we perform a comprehensive comparison to share your rental stacks up to the competition.

Two Key Tasks that a Property Management Company Handles for You

getdustin@icloud.com (Dustin Edwards) — Fri, 14 May 2021 17:29:45 GMT

Processing Payments and Preparing a Property for Rent

Whether you are considering managing your property yourself or you are embarking on the journey of interviewing local property management companies for your Long Beach or Lakewood rental there are many items to consider. While many property owners ask about the property management fee (and they certainly should) we feel it is helpful to understand details about the common tenant calls and tasks that we handle to see if you truly want to handle it on your own or if you want to outsource to a property management company. Find out more about two key tasks that we handle regularly for our clients.

Processing Payments

In the era where transferring money between parties is easier and easier, this is one item that many people feel they can tackle on their own. Popular services such as Cozy.co and Zibo.co market the fact that collecting rent is easy (which it can be), but consider asking yourself the following:

Are you notifying the tenant properly when they are late on their rent payment?
How would you process a late fee?
If a tenant pays for an item of repair and asks for reimbursement, how are you handling that item?
Are you keeping their security deposit in a separate account?

You might be thinking on the “separate account” aspect that it isn’t required in California. And while a separate account for security deposits isn’t required by law, without a separate account you could end up co-mingling funds which can make it challenging to claim any of the deposit at a later date. While processing payments has become simplified over the years the tracking and accountability of receiving funds remains one where one must be prepared for solid documentation.

Preparing a Property for Renting

One of the largest tasks that property management companies handle on a regular basis is that of preparing a property for renting. While it might look like 30 minutes of magic on HGTV to make a property look stunning we all know that it takes more time to get a home in Long Beach to be rental ready.

When we prepare a property for rent, we focus on two major categories:

Maintenance Items - These are wear and tear items such as new carpet, painting, fixing/replacing electrical sockets, etc. Each property can have items of different levels of need and our focus is to keep the property properly maintained to help each tenant stay as long as they would like.
Upgrade Items - When a tenant leaves it is an opportunity to look for ways to upgrade that can help the rentability of the property. This might mean adding new appliances, putting in a new countertop, or even re-doing an entire bathroom. For upgrade items we provide our owners with options to help them understand what could be best for the property and the rental market.

When considering tackling property management on your own, consider these two categories and overlay the aspect of “time”. Each day your property isn’t rented is a lost income opportunity which is one of the reasons we have a team of maintenance professionals as well as a curated list of subcontractors to help us in every aspect of maintaining a property.

While these are only a few key tasks we handle for our property owners, the key is to ensure you find a property management company that you feel comfortable with in managing your asset. When you would like to find out about more of the tasks we handle for our owners we invite you to call us today at (562) 888-0247. When you want a quick check to see how much your property could fetch in rent we invite you to fill out our Free Rental Analysis where we perform a comprehensive comparison to share your rental stacks up to the competition.