Is Installing A Pool A Good Investment?

[@andygreggproperties1878]

Some of the best memories as a kid were with family and friends by the pool. Some things are better looked at as memories, social gathering opportunities, and fun rather than smart or poor investments. Enjoy life!!

[@TexasEmperor]

I agree! Good memories over money.

[@thomasjust2663]

My family also had a pool and while we had some good memories there, but pools are a pain in the neck, too much maintenance cost over the life of the pool and today you might be liable in case somebody has an accident in it, different times

[@darlar.9043]

Had a pool once. Not worth the trouble in my opinion for the limited swim time available throughout the year. I prefer to go to the city pool. It's nice, well kept and it has attentive life guards. Also no risk to small children by owning a pool. Now when we look at houses, a pool is a deal breaker.

[@aquatrax123]

As a pool owner, take it from me - just find a friend that already has one.

[@andypagakis]

what's the typical monthly cost? what do you hate most?

[@aquatrax123]

Monthly costs are not much, $100 for chemicals and electric at most. The problem is when big ticket problems come up like filter/pump equipment pad replacement $2500, liner replacement $3000, safety cover $ 3000. My pool came with the house and the previous owner did no maintenance so I ended up spending a ton of money right after I moved in. We all love the pool but realistically it only gets used for 3 months out of the year.

[@sunshinelawfan7693]

In Texas it would get more than three months' use. The cover should reduce your insurance, it makes the pools safer. Mine did -

[@ClaudioBOsorio]

Mr Ramsey I like your videos because you teach common sense and common sense isn't common anymore. Good analysis.

[@CR-qu5jc]

I’d say a pool is worth it if you live in an area where you can use it for most of the year. I live in the northeast where you can only use them for about 3 months I don’t think they are worth it for me but the memories with your kids and friends are worth something too.

[@Almost_Baked]

I think this depends on where you live. I’m in Las Vegas where it is crazy hot for half the year. Pools are typical want items when buying a house out here. I’m currently getting bids to have one installed myself.

[@Skidoes]

Did you get one? I’m in Vegas getting bids right now. The prices are crazy

[@sunshinelawfan7693]

Pools can be had for less than $50,000. Lots of buyers want pools, I loved mine. I'd go for it, take care to fence it and have a cover, to keep kiddos away. Safety is worth splurging on in pools, not tile and so on. Skip the hot tub, it's Texas. Save some money there -

[@3of11]

When I was looking for a house, told the realtor a pool or hot tub was an instant DQ. Didn’t want to have to deal with the maintenance and liability. Rather go to a public pool for a few clams and they can mess with chemicals.

[@chelacastillo9247]

So I assume you don't have a car, right? Because why do you want a car if you can take the bus....🙄😆🤣

[@mostlyends]

In 2002, I paid $25,000 for an asphalt driveway instead of trading for 4 wheel drive vehicles. That was my only deciding factor. However, I did not expect to raise the value of the home I purchased the previous year for $205,000. Luckily, once my neighbors saw my driveway, they began doing the same thing using the same company. The contractor made a fortune using my driveway as an advertisement. So I'm the end, it raised the value quite a bit. The house appraised for $350,000 in 2005. I imagine it is worth $450,000 today.

[@matteilrich4190]

I grew up in family pool business. Bad investment you will lose your money to buy it then the cost to maintain it every year. Then repair cost when it brakes down the older it gets. Swimming pool biggest mistake you will ever do.

[@theelephant2887]

Wife has been talking about maybe we should get a pool. My opinion, NO. A) you usually don't cover the investment when you sell the house, and b) I think it makes it harder to sell. Most people I talk to don't want to own a pool

[@blutsx]

I know I do NOT want a pool

[@ds2k15]

And when selling the house, if you can't find anyone who wants a pool, the buyer may want you to pay to have it filled in. Plus you'll be the one stuck doing the maintenance not her 😛

[@kevins6757]

The caller lives in Texas...you can swim almost 6 months of the year.

[@jvolstad]

I turned down buying a house because of a pool. They are not worth it and are too much trouble to maintain.

[@Jojobreez]

Dave Ramsey’s house seems amazing

[@NeoAndersonReloaded]

Pools are a pain. Just go to the ymca or beach or friends house. Let them bear the expense.

[@durden2480]

No it’s a hole to throw money into

[@eyecandie2004]

I had a similar question cause ours was damaged and wasn’t sure if I should renovate it.

[@juanmartinez1337]

I see a pool as buying a new vehicle. It’s something that you will enjoy but will depreciate over time.

[@buckybarnes3803]

A pool will always run you 50% more then the quoted cost for various reasons. I think income would also be a factor in this like it seems to be with everything else on the show.

[@ladykaifima]

An infinity edge pool up on a mountain sounds lovely! 🤗 Maybe one day....🤔

[@kristybasham4746]

That's on my dream list now. Now if we could just get the Texas weather in a mountain area while the leaves are turning. That would make for a fantastic view while swimming.

[@adamdusseau7236]

Party at Dave's!

[@DanielGarcia-zz9eg]

A pool is a 50/50 thing. Some ppl want it, some dont. Mainly because you have to maintain it and balance PH levels. That's $$$$$$$ . Half the time u won't use it . Thiers no wrong with what u doing. Just less grass for u to cut

[@sunset6010]

FINALLY, someone sensible

[@Dan-cm9ow]

Never customize a personally product as an investment, you'll never get it back when you sell. Why would somebody who wants a pool buy a house with one at full price when they could buy one without and have a newer one installed exactly the way they want? The only way it makes sense for them is to add less to the value of the house than it would cost to just do themselves.

[@7Supernova7]

Good advice

[@ZERO-CAPACITANCE]

Excellent

[@MB-pn4zv]

No

[@thealhiemcc]

Come on Dave, you'd get an appraiser to tell you what the home would be worth with a pool.

[@ds2k15]

Yeah that's...what he said to do.

[@thealhiemcc]

@@ds2k15 he said real estate agent. Real estate appraiser is not the same thing.

[@CarlaDale]

If you are looking into selling in future sure look at if it does bring value I on the other hand don’t want to get rid of my 2.5% on my house and we love water I am also tired of driving to the beach 1 1/2 hr away almost every weekend with 2 young kids just to swim lol

[@hbarudi]

Pool cost $50000 to add to the backyard of a house? Do an above ground version to make it cost you a lot less.

[@steftrando]

That’s trashy AF

[@wmurray003]

No.

[@JasperEdwinAsir]

Sam and Nia put their pool to great marketing use for their family vlog channel... It's not always worth zero

[@Troph2]

Wait for the housing bubble to pop and buy the house in your neighborhood with the pool, then Rent out your current house till the market is back up.

[@ds2k15]

Now you're on the hook for 2 mortgages (assuming you don't already own-outright the first house).

[@Troph2]

say the market crashes 30-40%, so the 2nd house is 280k, pretty easy mortgage making 120k/year, they sound like they are good with money if they can save 35k a year for a toy.

[@ds2k15]

@@Troph2 I'm not saying they can't afford it, just pointing out they'd be on the hook for hundreds of thousands more and that that should be taken into consideration.

[@jamesr5735]

Hey how’s waiting out for the crash work for you bahaha

[@2014kaydee]

Pools are dumb. Get a gym membership.

[@brokenmold516]

I’ve got a 10k gallon pool, 400 bucks.

[@wakememckinney7126]

He thinks that god might be talking to him?

[@mrjv750li]

Silly mike not worth it

[@InvestingHustler]

No comment.

[@DrSchwarz-gb4jr]

Investing Hustler you comment on everything like you make all this money. But, you don’t. I live in a 6500 square foot house, fully paid off, yet don’t come on YT acting like I’m a stock market expert. You’re a joke. W Want to see a “hustler” look at my house and cars on my channel, you’re obnoxious pal. Scammer

[@InvestingHustler]

Dr Schwarz1983 how am I a scammer when I’m not selling anything 😂 ? You know nothing about me, but you sound very angry for no reason. I must’ve upset you so much yet never met you . Maybe you need some help ? I’m literally trying to teach people how to make money and I’m doing it for free 👌

[@ccsmith2937]

Pools are such a waste. When he goes to sell about half the potential buyers will not want a pool.👎

[@Futurebelongs]

Depends on where you live. In Vegas pools are highly desired.

[@hihaters2004]

They live in Texas where pools are desired

[@cabudagavin3896]

Pools have other expenses