Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

65
Posts
25
Votes
Dave Holman
  • Rental Property Investor
  • Brunswick, ME
25
Votes |
65
Posts

Midcoast Maine Coin-Op Laundry Cost?

Dave Holman
  • Rental Property Investor
  • Brunswick, ME
Posted

In two weeks, I'm installing coin op laundry in a 9-unit building in Bath, Maine. I haven't had coin ops in any buildings yet (usually hookups or nothing). How much should I charge per load to wash and to dry? Mainers, where are you located, what kind of building is it and what do you charge? 

Thanks!

Most Popular Reply

User Stats

140
Posts
101
Votes
Jordan Berry
  • Real Estate Agent
  • Fullerton, CA
101
Votes |
140
Posts
Jordan Berry
  • Real Estate Agent
  • Fullerton, CA
Replied

I think @Amy A. had it right. Check out the local laundromats to see what they are charging. You can probably charge a little more for the convenience. But @Jeremy A. has a good point. It adds a layer of complexity to your rental. You just need to decide if it is worth it. I own laundromats and I can tell you that people don't treat the machines kindly. I also have friends who have apartments with laundries and they can be a source of conflict between tenants, a magnet for non-residents to use/vandalize, and do require upkeep and maintenance. All that said, it still could be well worth it if you manage it properly. Good luck!

Loading replies...