I’ve heard that investors should steer away from swimming pools when identifying properties to rehab. But what about when you invest in an area where pools are commonplace, and necessary?
I hate to negatively portray pools…as I had a pool growing up and loved playing and swimming. For a family, a swimming pool is a great way to distract kids while making dinner or to entertain them with friends. But as I sit here as a real estate investor and discover one problem after another, experience the mosquito over population, having to buy fish that eat mosquito larvae, the code enforcement threats and tearing up the entire concreted patio looking for that elusive “leak”, I’ve got to think there must be a better way.
I hear about those that dig wells and use a “dowser” to find the water. I don’t really get it, but it seems to work. Can’t we use a dowser to detect leaks in swimming pools?
If you have the technical solution to identifying swimming pool leaks, let me know as I also have a technology commercialization degree and can bring that product to market with a significant profit. I know a “pain in the market” when I see it, and there are real estate investors throughout the south that would use this product.