Having a swimming pool can make your rental home more enticing than others on the market. At the same time, it also comes with a few challenges. Here are 4 precautions every landlord should take when renting out property that features a swimming pool.
#1. Fencing in the pool
As a landlord, you could be held responsible if tenants or their guests become injured in their pool. You might also be liable for anyone who is hurt while trespassing on your property. The best way to protect yourself is with childproof fencing that contains a self-closing, lockable gate.
#2. Anti-Skid Decking
Wet concrete increases the risk of slip-and-fall accidents. For added safety, install a non-skid coating to the surrounding patio, and reapply on an annual basis or as needed.
#3. Check Local Building Permits
If renters will be occupying your property, you need to make doubly sure that your swimming pool meets all local building codes. The best way to do this is to check the original permit to ensure it was installed correctly. Check with your county’s building inspector to see if there have been any updates to the code, and then make improvements if needed.
#4. Have an Inspection
Ensure your fence and gate are in good condition and inspected on a regular basis for any necessary repairs. You should also have your swimming pool inspected at the beginning of each season to see that its working components are operating as they should.
Keeping your pool in great condition will help you attract better quality tenants. As such, the extra effort that comes with managing a rental property that has a swimming pool could be well worth it in the long run. For help with real estate investments, including how to manage properties that have swimming pools, please feel free to contact us.