Blog Post

Top 5 Reasons to Add A Tankless Water Heater

Dustin Edwards • Jun 11, 2022

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.


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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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