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Updated over 5 years ago,
Laundromats for the newbie
So we have single family rentals. But are looking to branch out. Where we live there is one landromat. It has horrible reviews for not being clean and things not being fixed. And the owners of it, own the one in the next town over (small town living).
We are talking about reaching out to see if they are looking to sell, or build our own. But taking that first step seems to be difficult to figure out. Form a corp? Reach out?
It just seems like such a good time with a bunch of real estate being build. Apartments. Town is expanding. But it is a new area for us so we are stuck in analysis paralysis.
Any suggestions on starting out/first steps?