Blog Post

How a Pool for Your Long Beach Rental can be an Asset

Dustin Edwards • Feb 25, 2022

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.

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By Dustin Edwards 01 May, 2024
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 .
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