What do people think about a IP with a swimming pool, Is it to much hassle? Do i rely on the tenant looking after it or do i pay a pool company to do this?
What are the pro’s and con’s ?
Thanks Chris
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Depends on the IP you have. If its in a fairly expensive suburb & you can include the costs of outside maintenance into your rent, it may be an attraction. My experience is that its too much of a hassle. Most tenants cannot be bothered with it and it gets so messy when it is not attended to. It is a much better idea to get air conditioning instead.I think it depends on where the property is. We have property in warmer states, one with and one without a pool. We got about $40 less rent a week for the one with no pool compaired to a rental in the same street with pool.
I think it depends on where the property is. We have property in warmer states, one with and one without a pool. We got about $40 less rent a week for the one with no pool compaired to a rental in the same street with pool.It does depend on your strategy a little but in general what you would gain in rent you more than lose in the extra cost of servicing the pool i.e. body corporate fees.
But I am a no frills kind of guy when it comes to property. It’s not for me to live in after all, it’s for my tenants
Ben
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