Living and Investing in Beaumont
Located between the city of Riverside and Palm Springs, Beaumont is a progressive city that has retained its small-town feel. With a population of over 40,000 people, Beaumont abounds with master-planned communities that cater to all – young families, those looking for more luxurious homes, and even for active seniors.
Beaumont’s slightly cooler temperatures compared to lower elevation cities in its vicinity makes it a desirable area to settle in the Inland Empire region in California.Beaumont offers a lot in terms of amenities and services and this makes it an attractive real estate market for many. There are plenty of shopping choices, a variety of community activities to choose and has a robust economy where jobs abound because it serves as a major transportation hub for goods, as well as, people.
In the next few years, the city is poised on expanding its boundaries and population with the planned addition of 25,000 new residential units in the next 10 to 25 years. With these new developments, the city is predicted to be California’s next fastest growing city with a population predicted to grow to over 125,000. T
his makes it the largest master-planned community in the greater Los Angeles area after Valencia in the Santa Clarita Valley north of LA.
At present, median sales price for homes in Beaumont is at $290,000 and median rent per month is $1,750. With the city set to expand, investing in property in Beaumont could prove to be a wise investment for you. Renting out your investment property and keeping it rented is key in maximizing its potential. And that’s where we can help.
Maximizing Investment Rental Property
One of the most important things to do to maximize your ROI on your investment is finding the right rental tenants. There are, however, certain challenges that come with property renting. You have to invest time and effort to attract the right kind of tenants.
Aside from the actual tenant screening, you have to take time to market and show it to prospective tenants. And as a landlord, the related tasks of collecting rent, making sure your property is maintained and addressing the concerns of your tenants promptly can get pretty stressful.
While it is possible to handle it yourself, a professional property management company can make it easier for you. Solid Ground, with our long experience in the industry can help you with Beaumont Property Management.
How can Solid Ground help you with Beaumont Property Management?
1, Quality Tenants. We will match you up with quality tenants using our tested screening procedure. This way, you are assured of having tenants who will cause minimal stress and problems — those who will pay their rent on time, will rent the property long term and take care of your property like it was their own. We further shield you from rental scams and discrimination lawsuits that result from inconsistent screening processes.
2. We Worry About the Legalities So You Won’t.Solid Ground Property Management stays current with regards to landlord-tenant laws. We ensure that you, as a landlord, stay compliant so you avoid tenant lawsuits.
3. We Ensure Tenant Satisfaction. This ensures tenant who will stay long term. This avoids high tenant turnover. How does this affect you as a landlord? It translates to lost rent and more seriously, to expensive and time-consuming process of a turnover.
Constantly having your property vacated and rented out again also means constantly going through the process of having it “show worthy” – deep cleaning, changing of locks, repainting and perhaps minor repairs. Add to this the effort of marketing, showing, screening and settling in new tenants each time.
Solid Ground Property Management will ensure that your property is well maintained so your tenants are satisfied and stay as long-term tenants. We will quickly respond to any concerns your tenants have.
4. We Make Sure Your Rent Is On Time. Having to follow-up late rent payments can be a landlord’s greatest headache. Since we are a disinterested party and this is our job, rent collection becomes efficient. We make sure that your tenants pay their rent on time, follow up when they are late and we will initiate the eviction process if necessary if there are violations to the terms of the lease.
5. We Help You Increase the Value of Your Investment. As your Property Manager, Solid Ground will help you with the following:
- Market your property. We know the best most effective places and ways to market your property to get it rented quickly for the best price.
- Improve and prepare the property for rent – We will suggest and oversee cosmetic improvements that maximize revenue.
- Help you determine the best rent rate – Determining the optimal price requires knowledge of the local market, data on recently sold comparables, and access to rental rate tools. Of course, the decision is yours but we can provide valuable input because we know the local market well.
- In addition, we have systems in place that catch and deal with potential maintenance and repair issues early so that your property is always well maintained.
- We also give you valuable input on how you can improve and upgrade your property which will affect the rent you can charge, and impact your property’s insurance.
If you have an investment property that you are ready to rent out, reach out to us at Solid Ground. Let our professional team help you with Beaumont Property Management so you can begin to enjoy and maximize the earning potential of your investment.
Tags: Beaumont Property Management, investment property in Beaumont, Property Manager, Beaumont Property rental
