Pools, Valuable or avoid?

[Tyler Hall]

Hey everyone!

Hope everyone is taking advantage of this quarantine time to better themselves in some way. This question goes out to my buy and hold folks mainly in Florida but anyone who has an opinion please give your take on it too. When looking for a potential rental property what is your opinion on the property having a pool? Do you like it because it adds value or do you stay away because of the maintenance and the safety of it (it tenants have young children). If there any special protections in term of insurance that is needed with a pool? Would you pay for pool maintenance monthly or make the tenants cover those costs? Very curious on the topic and just wanted to see everyone else’s opinion. Thanks in advance for your input.

-Tyler

[Jill Haselman]

I have a different take on this question.  I own small "quadplex/duplex" vacation rentals in Delray Beach.  If I didn't have pools, I would have far less occupancy, as anyone wanting to vacation in FL expects a pool.  It is the first question I get from guests.... all about the pool. If I only rented on annual leases within a complex or even SF, I would agree with the previous comments.