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.

 



 

New Listing - 2 weeks online
$2,950,000
Single Family Home For Sale
Pending With Contingencies
4
BEDS
6
TOTAL BATHS
5,800
SQFT
1226 Miracle Ln
Fort Myers, FL 33901
Fort Myers Subdivision
$1,950,000
Single Family Home For Sale
Pending With Contingencies
5
BEDS
6
TOTAL BATHS
5,740
SQFT
3560 Stuart Ct
Fort Myers, FL 33901
Stuart Subdivision Subdivision
New Listing - a week online
$1,399,900
Single Family Home For Sale
Pending With Contingencies
4
BEDS
4
TOTAL BATHS
3,033
SQFT
1270 Plumosa Dr
Fort Myers, FL 33901
York Manor Subdivision
New Listing - a week online
$2,499,000
Single Family Home For Sale
Active
6
BEDS
6
TOTAL BATHS
6,450
SQFT
1230 Gasparilla Dr
Fort Myers, FL 33901
York Manor Subdivision
$599,900
Single Family Home For Sale
Pending With Contingencies
3
BEDS
3
TOTAL BATHS
2,389
SQFT
1243 Osceola Dr
Fort Myers, FL 33901
Fort Myers Subdivision
Price Change - 6 days ago
$1,245,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
5,130
SQFT
1255 Osceola Dr
Fort Myers, FL 33901
Fort Myers Subdivision
$600,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
2,584
SQFT
3284 Avocado Dr
Fort Myers, FL 33901
Riverside Subdivision
$1,375,000
Single Family Home For Sale
Active
5
BEDS
5
TOTAL BATHS
5,138
SQFT
1323 Gasparilla Dr
Fort Myers, FL 33901
York Manor Subdivision
$679,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,150
SQFT
1206 Shadow Ln
Fort Myers, FL 33901
Country Club Estates Subdivision
$479,000
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
2,036
SQFT
1325 Braman Ave
Fort Myers, FL 33901
Braman Court Subdivision
Price Change - 3 weeks ago
$699,900
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
3,568
SQFT
1240 Wales Dr
Fort Myers, FL 33901
Burtwood Subdivision
$579,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
3
TOTAL BATHS
1,935
SQFT
1239 Sunbury Dr
Fort Myers, FL 33901
La Chelle Manor Subdivision
New Listing - 6 days online
$449,900
Single Family Home For Sale
Pending With Contingencies
3
BEDS
3
TOTAL BATHS
1,898
SQFT
1407 Rosada Way
Fort Myers, FL 33901
Allen Court Subdivision
Price Change - 2 weeks ago
$495,000
Single Family Home For Sale
Active
2
BEDS
2
TOTAL BATHS
1,600
SQFT
1317 Sunbury Dr
Fort Myers, FL 33901
La Chelle Manor Subdivision
$745,000
Land For Sale
Pending With Contingencies
1.84
ACRES
LEE
COUNTY
3131 Mcgregor Blvd
Fort Myers, FL 33901
Coconut Grove Subdivision
$1,350,000
Single Family Home For Sale
Pending
5
BEDS
5
TOTAL BATHS
4,798
SQFT
1334 Barcelona Ave
Fort Myers, FL 33901
Valencia Terrace Subdivision
$450,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
3,043
SQFT
1470 Ricardo Ave
Fort Myers, FL 33901
Mcgregor Estates Subdivision
Price Change - 3 weeks ago
$336,900
Single Family Home For Sale
Active
5
BEDS
3
TOTAL BATHS
1,720
SQFT
1521 Grace Ave
Fort Myers, FL 33901
Mcgregor Estates Subdivision
$415,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,666
SQFT
1269 Morningside Dr
Fort Myers, FL 33901
Seminole Park Subdivision
$499,000
Single Family Home For Sale
Pending With Contingencies
5
BEDS
3
TOTAL BATHS
2,558
SQFT
3705 Mckinley Ave
Fort Myers, FL 33901
Seminole Park Subdivision

 

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