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Updated about 6 years ago on . Most recent reply
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Should rent my home that has a pool?
I am a newbie to Real Estate investing in the Dallas/Ft. Worth area and wondering if I should rent my home which has a pool. If someone has been successfully renting a single family home with a pool I would greatly appreciate any advice.
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I have turned a few of my primary residence that had pools into rentals. A few things that I have learned from my experience (all outlined in my lease with the tenant):
1. Require tenant to carry renters insurance with liability rider on the pool.
2. Require a weekly pool service paid by tenant. The provider that I make the tenant use provides me with pictures of the pool and equipment on a weekly basis.
3. I have converted all my pools to an automated system that only can be controlled by the provider (pool pump & Chlorinator)
4. Umbrella coverage on the property with a pool.