Originally posted by @Karl B.:
I usually have the washer set at $1.25 and the dryer at $1.00
Most of my tenants tell me how nice it is to be able to do their laundry on-site. One tenant called it "a game-changer."
@Max Denning In my 4-unit the box filled in 3.5 months (it literally was so full it jammed the slide). That's a record for me (it usually takes 5 or so months to fill). And so for a 3-unit, to avoid having the slide jamming, I'd check every three months; of course the dryer coin box will always fill faster than the washer box. And of course, if your three unit is a three-bedroom or caters to college students who don't combine their laundry for washing, that coin box is going to fill faster.
@Max Denning.
If you're self managing your own machines than it's a guessing game, and you'll just need to be observant in order to develop an effective schedule. Your residents might be heavy users or rare users, plus one machine may fill before another. But if you're using a dreaded third-party supplier, they'll do collection runs differently and likely more frequently, with the risk of them skimming coins for themselves.
With that said, would there be interest in a shared-laundry management tool to aid in collections, usage monitoring, and maintenance tracking? With the added benefit of allowing residents to track availability of your machines for peace of mind? By tracking usage, you could calculate the rate of coin accumulation, and know when to collect.
