Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
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 6 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Sun Kim
  • Investor
  • Dublin, CA
2
Votes |
8
Posts

rental with non-functional pool

Sun Kim
  • Investor
  • Dublin, CA
Posted

I am buying a primary residence, and in 2 or 3 years, converting to a rental.  The current owner bought the house with a pool and has not used it in 20 years.  The cost of the repair is$27K and don't want a pool either.  The pool does hold water and is not cracked, but looks to require some maintenance.  Is it advisable to leave the pool as is, and save the fill cost of about $12K, or just fill it from a liability stand point?

Most Popular Reply

User Stats

689
Posts
511
Votes
Blair Poelman
  • Real Estate Broker
  • Provo, UT
511
Votes |
689
Posts
Blair Poelman
  • Real Estate Broker
  • Provo, UT
Replied

I've done lots of houses with pools (at least 30 in the past 10 years). Most have been rentals, some flips. In many cases, the pool has been a defining factor in rentability and salability.  A couple things come to my mind:

  1. Seems to me that an empty pool is just as much a liability as a fully operating pool. 
  2. If it hasn't been used in 20 years there is likely a substantial amount of updating to get it up and running.  
  3. Somebody is going to have to deal with either fixing it, covering it, or filling it in.
  4. If you choose to fill it in, you might have to actually take it out - meaning bust up the walls and haul it to the dump.  CA isn't exactly the most relaxed construction / demolition atmosphere.
  5. Consider the cost to fix vs. the increased value you will have with an operating pool. 
  6. Consider the local rental market - will a functioning pool allow you to get higher rent, or a better tenant?

I know I've not really provided any specific answers for you here, but these are things that I consider when it comes to old pools. 

Loading replies...