Blog Post

Upgrades that Can Help Your Tenant Save and Improve Your Property

Dustin Edwards • Apr 24, 2020

The Right Property Rental Upgrades Can Help You and Your Tenant

LED Lights Can Reduce Energy Consumption
When rental property property owners think of investing money in their property, quite often the thought is around maintenance of the property. Maintenance can come in many forms from replacing aging windows, resurfacing flooring, or the ever common re-painting. Of course as markets change and renters look for more value for their money it is up to the property owner to look for ways to add value.

While the larger new apartment developments can offer amenities such as a pool or gym, that doesn’t mean an owner of a single family home for rent in Long Beach can’t offer unique aspects that attract renters who pay a great rent and are looking to stay. As different innovations hit the housing market many of them are appropriate for your rental. Consider the following upgrades or you might even consider them updates to your rental to help you property stand out from the competition.

LED Lights
Many homes in Long Beach have been upgraded to include canned lights, but are those lights upgraded to LED lights. With the change in California to LED lights in 2018 it didn’t mean that everyone switched out their lighting or bulbs right away. LED lights are more cost effective to operate and with traditional incandescent lights out now just might be the time to switch over your lighting to all LED.

Insulation
If you have ever had an energy analysis performed on your home in Long Beach then it is likely that the concept of insulation was raised to help the home get greater use from the heating and AC unit. In the 1940’s, when many of the homes throughout Long Beach and Lakewood were built, insulation wasn’t part of the mandated building process as it is today. While insulation wasn’t common during the 1940’s or 1950’s the benefit is that raised foundations were popular making adding insulation fairly straight forward. Consider adding insulation in the attic to help control monthly heating and cooling costs.

Solar
The cost of solar has been decreasing (by some stats by 20% over the past 5 years) over recent years with increased competition and improved efficiencies. While solar panels can be one of the more expensive upgrades (prices can range from $11,000-$20,000 depending on the size of your property) it is one that can provide all of the necessary electricity for your property. With the tenant benefiting from not having an electric bill (or an incredibly tiny one) you could even get a premium on your monthly rental amount when they discover your property has solar.
 
These are just a few of the property upgrades that can help tenants save and keep them happy in your Long Beach rental for years to come. When you want to find out which upgrades we recommend if you have a recent vacancy we invite you to call us today (562) 888-0247. If you want to have 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 can show you how your property will fair against the competition.

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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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