Advice for rental purchase
My sister is considering buying a house to use as a rental property until she is able to retire. What advice would you give her? Should she buy a home with a pool? Would it rent easier if it had a pool? How much additional expense would having a pool add? She started asking me these kinds of questions and I told her that I did not know but would post the questions on TOTV because I knew that you all would give her some expert advice. Please share any and all recommendations that you may have
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A pool would help with rentals in the summer months but not the winter months because you don't want renters running your heater anyway. Weekly maintenance/chemical treatment runs about $90/month.
I bought one with a pool because I know that I will want one when I move here permanently and I only plan on moving one more time. |
Insurance on a rental home having a pool would be higher, I would think. I'd check with the insurance agencies before getting a place with a pool for renters. It's a big liability even when the owner is the occupant.
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No pool needed and it would be an added risk. There are plenty god pools in TV.
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if she need the rent to pay the bills than she should wait...renters will not cover all
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