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.

 



 

$5,800,000
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 - 2 weeks ago
$885,999
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
3,467
SQFT
1249 Osceola Dr
Fort Myers, FL 33901
Riverside Subdivision
$2,290,000
Single Family Home For Sale
Active
3,230
SQFT
3752 Harold Ave
Fort Myers, FL 33901
Fort Myers Subdivision
$599,000
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
2,503
SQFT
1362 Braman Avenue
Fort Myers, FL 33901
Becklers Riverside Add Subdivision
Listing courtesy of Sara Kyle of NEXTHOME ADVISORS
$1,875,000
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 - 5 days online
$335,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
2,109
SQFT
1420 Moreno Ave
Fort Myers, FL 33901
Mcgregor Estates Subdivision
$6,000,000
Single Family Home For Sale
Pending
5
BEDS
5
TOTAL BATHS
7,719
SQFT
2844 Valencia Way
Fort Myers, FL 33901
Lynns Add Subdivision
$479,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
4
TOTAL BATHS
1,784
SQFT
1414 Alhambra Dr
Fort Myers, FL 33901
Fort Myers Subdivision
$569,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,903
SQFT
1353 Sunbury Dr
Fort Myers, FL 33901
La Chelle Manor Subdivision
New Listing - 5 days online
$524,900
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
1,720
SQFT
1334 Sunbury Dr
Fort Myers, FL 33901
La Chelle Manor Subdivision
$199,900
Land For Sale
Pending
0.19
ACRES
LEE
COUNTY
1461 Barcelona Ave
Fort Myers, FL 33901
Fort Myers Subdivision
Price Change - 4 weeks ago
$2,795,000
Land For Sale
Active
1.1381
ACRES
LEE
COUNTY
1301 Poinciana Ave
Fort Myers, FL 33901
Poinciana Park Subdivision
Price Change - 4 weeks ago
$499,900
Single Family Home For Sale
Pending With Contingencies
6
BEDS
3
TOTAL BATHS
2,925
SQFT
1473 Barcelona Ave
Fort Myers, FL 33901
Valencia Terrace Subdivision
$950,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
3
TOTAL BATHS
2,898
SQFT
1436 Cordova Ave
Fort Myers, FL 33901
Fort Myers Subdivision
New Listing - 4 days online
$659,900
Single Family Home For Sale
Active
4
BEDS
2
TOTAL BATHS
2,306
SQFT
1542 Olmeda Way
Fort Myers, FL 33901
Allen Court Subdivision
$389,000
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,540
SQFT
1573 Maravilla Ave
Fort Myers, FL 33901
Allen Park Subdivision
$969,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
2,153
SQFT
1433 Lynwood Ave
Fort Myers, FL 33901
Fort Myers Subdivision
New Listing - 2 weeks online
$450,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,318
SQFT
1629 Maravilla Ave
Fort Myers, FL 33901
Country Club Homes Subdivision

 

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