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Top 5 Reasons to Add A Tankless Water Heater

Dustin Edwards • June 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 December 19, 2024
If you're properties are suffering from lack of heating this winter, these 3 common issues could be the cause.
By Dustin Edwards December 12, 2024
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 .
By Dustin Edwards December 5, 2024
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