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Updated over 10 years ago,
Should an investor avoid buying a property with a pool?
In my searches, I am coming across many properties with pools. In areas such as Arizona, Florida, Texas, and Nevada, I am finding pools are very common and almost preferred. I have found some great properties, but I am hesitant due to the pool. I am debating with the pros and cons and I am putting it out there to see if there are other investors with experience. This is what I have determined so far, please let me know what I am not including or if this is totally wrong.
Pros: Increased property value. More likely to rent faster than properties without.
Cons: Higher liability, Possible tragedy. Higher insurance. Maintenance.
Also, if I find the perfect property and do NOT want the pool, has anyone bought a property only to fill the pool with dirt?