Flip houses with a Pool... Good or Bad

[Andrew Edwards]

I recently completed a flip ( well, its still for sale)on a house with pool.  Do you feel the pool is a positive or negative feature? Does it help or hinder the sale of the house?  Would you pursue a flip house because of the pool? 

Pool: Good or Bad????

[Jason Hollon]

Personally, if I'm making an offer on a flip house with a pool (here in Birmingham Alabama), I budget to fill it in and landscape over it.  Lots of horror stories about pools and pool maintenance from other investors.  And as others have noted, it will likely not help your days on market (at least in my area).

Insurance -- don't forget about the insurance issue.  I primarily use Foremost "vacant under renovation" policies, and as far as I know they do not allow pools due to the obvious liabilities.  Other carriers may allow pools on vacant flip houses, but you may pay higher premiums.  I'm sure this varies greatly by area.