Updated almost 4 years ago on . Most recent reply
Renting a house with a pool
I have a house with a pool and we are looking to upgrade to a larger home. I hear about liabilities for home owners renting a house with a pool. Is there some kind of clause that we can add to the rental agreement that will protect home owners in case of an accident? This is in California. We have a gate installed around the pool for safety so I am not sure how much that helps. In case it matters, the house is worth between 900k to 1M and currently has a loan balance of 75k. I would take a cash-out refinance in the event we buy another house and decide to rent this house. Please let me know the pros and cons of renting vs selling the house.