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Updated about 1 year ago on . Most recent reply

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Nichiren Dinzeo
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Fix Pool or Demolish?

Nichiren Dinzeo
Posted

I have a class A home in Tucson Arizona that I am turning into a rental. The pool needs 7K worth of repair and 14K to demo.  Is it worth it to just demo it and not have the risks or should I just fix up the pool?  I plan on keeping this home as a rental many years to come. thx

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26
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Daniel Kirk
  • Investor
  • Tucson, AZ
9
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26
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Daniel Kirk
  • Investor
  • Tucson, AZ
Replied

@Nichiren Dinzeo When you say risk, do you mean risk of needing repairs/something happening to the pool, or risk from liability with the pool? For the latter, a great home owners policy with + a large umbrella insurance should mitigate it. In Tucson, I think having a pool adds a ton of potential value in a rental. 

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