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Updated about 5 years ago on . Most recent reply

Vina Real's profile image
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Vina Real
  • from Alexandria, Virginia
  • Member since May 14, 2016
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Vina Real's profile image
Vina Real's profile image
Vina Real
  • from Alexandria, Virginia
  • Member since May 14, 2016
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Vina Real
  • Alexandria, VA
164
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111
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Buying & Selling Real Estate

Would you consider buying a property with a pool?

Vina Real
  • Alexandria, VA
Posted
This property is a $180,000 short sale and has a non working pool. For my first investment property, is it wise to purchase this SFR knowing it would add another expense to fill in the pool? I'm planning to BRRRR it. What's your opinion? MLS#1004110635
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Charles Kennedy's profile image
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Charles Kennedy
  • Rental Property Investor
  • from Philadelphia, PA
  • Member since Jun 24, 2015
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Charles Kennedy's profile image
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Charles Kennedy
  • Rental Property Investor
  • from Philadelphia, PA
  • Member since Jun 24, 2015
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Charles Kennedy
  • Rental Property Investor
  • Philadelphia, PA
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Charles Kennedy
  • Rental Property Investor
  • Philadelphia, PA
Replied

The cost of this will not only be filling the pool, but the constant maintenance (treating it with chemicals and possibly having it cleaned) and increase in insurance. I'd call an insurance broker and see what the cost would be.

Overall, I'd stay away from having a pool at a rental, that's just my opinion.

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