Coin Washer/Dryer in 4 Unit or Regular Washer/Dryer?

[Richie Thompson]

Hey Bigger Pocket family,

I have a 4 Unit building currently with no washer and dryer from when I bought the building.

Trying to decide between if I should get coin operated washer and dryer or regular washer and dryer.

I pay for water quarterly and monthly electric in the common area in the 4 unit building. I know my water bill will increase for sure with washer.

I see the coin operated washer and dryer people say getting the quarters and the maintenance tough to do on coin operated.

And I know with regular washer and dryer people will wash all day and possibly invite family and friends but easier to replace if broken with so many locations to buy used or new washer and dryer at half or quarter of the price of coin operated machines.

Just wonder what some of the opinions multi family landlords doing for their building or people with history.

Thank you

[Christopher B.]

What are nearby properties doing? Do they have coin laundry or free wash machines?

There is the income side of it, but also amenity side which should make tenants happy either way, versus having to go offsite for laundry.