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Updated over 4 years ago on . Most recent reply

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49
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9
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Marcele Johnson
  • Rental Property Investor
  • Chicago, IL
9
Votes |
49
Posts

Washer and dryer with coin slots or not

Marcele Johnson
  • Rental Property Investor
  • Chicago, IL
Posted

Hey I am trying to see if I should buy a washer and dryer with coin slots and charge my tenant or not or just don’t buy a washer and dryer at all but I will be occupying the downstairs apartment myself and kinda don’t wanna go to laundromat at all just curious on what to do

Most Popular Reply

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28,105
Posts
41,128
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,128
Votes |
28,105
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Get a regular washer/dryer set for much less and increase the rent $50 a month. It will pay for itself quickly. 

You can get some really nice used machines on facebook marketplace or craigslist for 1/3 the cost of new. I bought a full set of steel kitchen appliances for $1,000 that was only two years old and in perfect condition. They cost $4,000 new.

  • Nathan Gesner
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