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Updated about 4 years ago on . Most recent reply

User Stats

133
Posts
12
Votes
Gary B.
  • Hayward, CA
12
Votes |
133
Posts

Advise to Phase out Swimming pool

Gary B.
  • Hayward, CA
Posted

Hi Fellow investors, i recently took over a 27 unit complex and it came with two pools - overkill for apartment of this size. 

Now, I figured it is very expensive to maintain swimming pool in apartment complex in California. $500 /year permit fees /pool, $350 /month to maintain in summer / spring, and $150/month to maintain in winter. 

I want to close one pool and keep other open, can you suggest what can I do phase out one pool in Fresno county ? I cannot financially afford to fill up one with sand now but might be able to do year down the lane. 

How can I reduce my operating expenses for one pool that is not open for public use and I want to close down the lane in year or two?


Thanks,Gry 

Most Popular Reply

User Stats

108
Posts
89
Votes
Waleep Alvi
  • Investor
  • Oakland, CA
89
Votes |
108
Posts
Waleep Alvi
  • Investor
  • Oakland, CA
Replied

@Gary B. Hire a pool maintenance guy that you trust, roll the avg monthly cost into the rent.  I don't have a pool but if I did, I would 100% get a pool service. They practically pay for themselves because they are buying supplies in bulk, and they will save you money by keeping things running perfectly.


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