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Updated over 5 years ago on . Most recent reply
Renting a SFR with a swimming pool
Wondering what kind of liability it would be to rent our current home with a pool in the backyard. Any input would be appreciated. Thanks again BP!
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Greg Scott
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Greg Scott
#4 General Real Estate Investing Contributor
Pro Member
#4 General Real Estate Investing Contributor
- Rental Property Investor
- SE Michigan
I currently own two single family rental properties that have a pool.
First, I would check with your insurance company. Generally insurance will require you to remove diving boards, slides, and ensure a proper fence is installed. Ask for a quote.
Also, it is usually a good idea to include pool maintenance in the rent of your property. It will keep your pool from turning into a swamp. You can generally get increased rents that cover most of the cost of pool maintenance.