Things to Consider Before Investing in Properties with Pools

steelbridge realty llc

There’s a lot of work that goes into choosing a property to invest in. If you get it right, you’re on your way to making a tidy profit. If you’re wrong, you could wind up with a property that is anything but a good investment. So how does having a pool impact whether or not you should invest in that property? Here are some Things to Consider Before Investing in Properties with Pools

Properties with Pools: Attractive Nuisances

Pools are often one of the top items featured on a list of attractive nuisances. Attractive nuisances are things or places that can be attractive to people, children especially, but can potentially pose a significant risk. To avoid potentially being held liable as a landlord for injuries that people could suffer on your property as a result of there being a pool, you’ll need to make sure there’s a quality pool fence surrounding it. The regulations governing pool fences are determined by the area the property is in, so make sure you’re familiar with them and the risk you’re assuming before deciding to invest.

Maintenance and Upkeep

Pools need regular maintenance and cleaning to stay nice. As a landlord, that responsibility is likely going to fall to you, not your tenants. It’s in your best interests since if you’re handling it you can be sure that it’s being done right. Pool maintenance tasks are usually best left to pool service professionals who have the proper tools and training to get the job done right. If you aren’t already familiar with the maintenance needs of pools, it’s a good idea to read up on them before deciding if investing in a property with a pool is a good idea for you.

Properties with Pools: Cost-Effectiveness

There are a lot of rules of thumb for choosing investment properties. Part of the consideration that will need to be made is whether or not having a pool is a cost-effective investment. Maintenance and upkeep require money. If the quality of the property and location warrant a higher rent, you may be able to charge more to cover these types of expenses. Otherwise, you may be better off choosing a different property.

Investing in properties that have pools can either be a really good option or a really bad one. Considering their attractive nuisance status, the maintenance and upkeep involved, and the additional layer of complexity when determining cost effectiveness, it’s a decision that takes more thought than other properties on your list of potential investments. Take the time to analyze the property carefully before you decide to invest in one that has a pool.

Find your next investment property in our listings!

 Steelbridge Realty LLC  is a Licensed Real Estate Brokerage that utilizes cutting-edge marketing techniques and data-driven Real Estate solutions in today’s ever-changing environment. Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.

 



 

$5,600,000
Single Family Home For Sale
Pending
5
BEDS
6
TOTAL BATHS
7,000
SQFT
3336 West Riverside Dr
Fort Myers, FL 33901
Riverside Subdivision
New Listing - 2 weeks online
$5,800,000
Land For Sale
Active
1.3945
ACRES
LEE
COUNTY
1215 & 1233 Braman Ave
Fort Myers, FL 33901
Fort Myers Subdivision
$15,950,000
Single Family Home For Sale
Active
4
BEDS
9
TOTAL BATHS
10,033
SQFT
1240 Coconut Dr
Fort Myers, FL 33901
Palm Gardens Subdivision
Price Change - 7 days ago
$640,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
2,503
SQFT
1362 Braman Avenue
Fort Myers, FL 33901
Becklers Riverside Add Subdivision
New Listing - 6 days online
$1,995,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
4,684
SQFT
3232 Mcgregor Blvd
Fort Myers, FL 33901
Riverside Subdivision
New Listing - 3 weeks online
$490,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,243
SQFT
1338 Alcazar Ave
Fort Myers, FL 33901
Valencia Terrace Subdivision
Price Change - 3 weeks ago
$3,950,000
Single Family Home For Sale
Pending With Contingencies
4
BEDS
6
TOTAL BATHS
5,127
SQFT
1130 Tipton Ct
Fort Myers, FL 33901
Fort Myers Subdivision
$475,000
Single Family Home For Sale
Pending
4
BEDS
2
TOTAL BATHS
2,542
SQFT
1377 Coconut Dr
Fort Myers, FL 33901
Palm Gardens Subdivision
Price Change - 3 weeks ago
$700,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
1,950
SQFT
1250 Sunbury Dr
Fort Myers, FL 33901
La Chelle Manor Subdivision
New Listing - 2 weeks online
$6,500,000
Single Family Home For Sale
Active
5
BEDS
5
TOTAL BATHS
7,719
SQFT
2844 Valencia Way
Fort Myers, FL 33901
Lynns Add Subdivision
New Listing - 5 days online
$515,000
Single Family Home For Sale
Active
3
BEDS
4
TOTAL BATHS
1,784
SQFT
1414 Alhambra Dr
Fort Myers, FL 33901
Fort Myers Subdivision
$284,875
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,749
SQFT
1425 Alhambra Dr
Fort Myers, FL 33901
Phillips 4th Division Subdivision
Price Change - 2 weeks ago
$1,425,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
4,848
SQFT
1434 Alhambra Dr
Fort Myers, FL 33901
Fort Myers Subdivision
$549,800
Single Family Home For Sale
Pending With Contingencies
2
BEDS
2
TOTAL BATHS
1,726
SQFT
1326 Burtwood Dr
Fort Myers, FL 33901
Seminole Estates Subdivision
$389,000
Single Family Home For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,209
SQFT
3443 Silvestre Dr
Fort Myers, FL 33901
Allen Court Subdivision
New Listing - 5 days online
$545,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
2,062
SQFT
1238 Morningside Dr
Fort Myers, FL 33901
Seminole Estates Subdivision
Price Change - 2 weeks ago
$3,450,000
Land For Sale
Active
1.1381
ACRES
LEE
COUNTY
1301 Poinciana Ave
Fort Myers, FL 33901
Poinciana Park Subdivision
Price Change - 2 weeks ago
$309,900
Single Family Home For Sale
Pending With Contingencies
2
BEDS
1
TOTAL BATH
975
SQFT
1533 Coconut Dr
Fort Myers, FL 33901
Coconut Grove Subdivision
$555,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,746
SQFT
1345 Morningside Dr
Fort Myers, FL 33901
Seminole Estates Subdivision

 

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