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Updated almost 5 years ago on . Most recent reply

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21
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4
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Himateja Madala
  • 91377
4
Votes |
21
Posts

Rental Property with Pool

Himateja Madala
  • 91377
Posted

Dear BP Members, Although there are a lot of posts regarding rentals with pools every situation is different and hence reaching out for advice. So i am in contract for a single family home in a great location in Austin area. Only problem is it has a pool. Now i have read all the caveats of pools and it being a liability. But i got an amazing deal on this house and on one side dont want to lose the deal. I know Pools can have higher insurance rates, you can be sued, every week maintainance etc. So if i were to take a good insurance and have a solid pool addendum in place is it still a problem. If i add up all the costs i just break even and that is fine by me as i am looking at appreciation and not cash flow.

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