Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

35
Posts
10
Votes
Peter Brown
10
Votes |
35
Posts

1 house 2 lots swimming pool straddling both lots

Peter Brown
Posted

There is a house being wholesaled and it conveys with two lots.  My idea is to buy the property, resell the house on the first lot at a small profit, while keeping the second lot to build and flip a house later.  The only complication is the owner of the property built a swimming pool right on the line between the two lots.  Is there anyway to create a shared use of the pool for both the houses?  Or is this a totally crazy idea?  

Most Popular Reply

User Stats

35
Posts
10
Votes
Peter Brown
10
Votes |
35
Posts
Peter Brown
Replied
Quote from @Celia Lumbroso:

@Peter Brown

Hi Peter- given this specific scenario I think in the long run it will cause issues if you're planning to sell both houses to primary home owners. 

If the houses are to be used for short term rentals (6 months or less) or as a  Air BNB rental then I think you could manage a work-around.  Depends what type of client you're trying to target. 

Right. I guess another possibility would be to demo the pool so that there's no encroachment at all. 

Loading replies...