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What Makes Long Beach An Ideal City For Property Rentals

Dustin Edwards • Feb 14, 2024

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.

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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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