3593: Does Remodeling Pay Off - Probably Not by Sam of Financial Samurai on Real Estate Investing
Optimal Living Daily - Personal Development and Self-Improvement11 Touko 2025

3593: Does Remodeling Pay Off - Probably Not by Sam of Financial Samurai on Real Estate Investing

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3593: Sam from Financial Samurai dismantles the myth that remodeling guarantees a return on investment, explaining that most renovations recoup only about 65% of their cost. He emphasizes that true profit comes from expansion, not remodeling, and encourages homeowners to remodel for personal enjoyment rather than profit, unless increasing livable square footage is the goal. Read along with the original article(s) here: https://www.financialsamurai.com/does-remodeling-pay-off-make-money/ Quotes to ponder: "Almost all property remodeling does not recoup the cost spent remodeling based on national averages." "Remodeling is a lifestyle choice with generally negative returns." "Increase the livable square footage of the home, and you increase the home’s selling price. It’s that simple." Episode references: 2023 Cost vs. Value Report by Remodeling Magazine: https://www.remodeling.hw.net/cost-vs-value/2023/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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4208: Is Location Independence BS? AND Forever Does Not Exist by Joshua Fields Millburn & Ryan Nicodemus on Minimalism

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Get the 200+ Page Optimal Living Daily Workbook (PDF) - Free. Want to turn today's episode into an actionable plan? Join the Optimal Living Weekly newsletter and I'll send you our 200-page digital wo...

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4207: Your Predisposition is Not Your Future by Joshua Becker on Personal Growth

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Get the 200+ Page Optimal Living Daily Workbook (PDF) - Free. Want to turn today's episode into an actionable plan? Join the Optimal Living Weekly newsletter and I'll send you our 200-page digital wo...

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Get the 200+ Page Optimal Living Daily Workbook (PDF) - Free. Want to turn today's episode into an actionable plan? Join the Optimal Living Weekly newsletter and I'll send you our 200-page digital wo...

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4205: Reset Your Internal Filter AND Time to Embrace Change by Rosalyn Palmer on Growth Mindset

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Get the 200+ Page Optimal Living Daily Workbook (PDF) - Free. Want to turn today's episode into an actionable plan? Join the Optimal Living Weekly newsletter and I'll send you our 200-page digital wo...

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4204: The Best Reason to Do Scary Things by Dr. Kelly Flanagan on Courage

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Get the 200+ Page Optimal Living Daily Workbook (PDF) - Free. Want to turn today's episode into an actionable plan? Join the Optimal Living Weekly newsletter and I'll send you our 200-page digital wo...

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4203: The Key Mental Habit of Simplicity by Leo Babauta of Zen Habits on Minimalism

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