All Forum Posts by: Maxwell Wuensch

@Kurt Snyder, I think in order to make this method work though, it would be important to run the numbers and see what people would normally be spending on a coin operated machine system every month and then analyze what an appropriate added monthly cost number would be. This would eliminate the intensive labor concern for the landlord and the tenant would have access to their own washers/dryers, and having each tenant pay for their own water bill would eliminate the landlords concern of a tenant over using the machines and running up the water bill

@Kurt Snyder, thanks for your response man! I was just curious about this because it’s one of those things that you don’t really think about until you have to and i’ve heard about coin operated machines in multi-family units but what concerns me is the practicality of that. Obviously that’s been a system that has worked for people but I feel as though that would become annoying. An idea I had was similar to what you said in option 1 which was buy new or used washers and dryers for each unit and just include that as a bonus feature to the unit that i’ve provided for the tenant, i’m guessing there are also some tenants who already have their own washers/dryers and wouldn’t want that added cost so providing it as a “added bonus” gives them an option and makes the unit more enticing. My question is would you be allowed to add that cost in with the rent if ur rental rate is already at fair market value? I still feel like tenants would prefer this method over using a coin operated machine because that doesn’t necessarily make anyone feel at home if every time they want to wash their clothes they have to remember their quarters. I appreciate your input.

I haven’t done any deals yet but my long term goal is to build a buy and hold rental property portfolio and i want to get started by wholesaling. I’m interested in finding a group/club of other investors and build my network so if anyone knows of one or is currently in one that is accepting of newbies please let me know.

Any suggestions on best places to wholesale in indianapolis?

This is really random but what are some tips on washing machines/ dryers for a multi-family property? i know it is a good way to create extra income and i’m just curious if anyone has any insight on the topic

I’m currently a senior in high school and I have become extremely interested in real estate investing within the past 6 months. I want to expand my knowledge and learn more about real estate development including renovations, acquisitions, market research, etc.. If anyone knows of an opportunity for this upcoming summer or if you think you could steer me in the right direction for a good summer internship in the indianapolis area I would appreciate it.

I am currently in the process of saving up to buy my first rental property, i have decided to put most of my net worth into the stock market since i am young and can take on more risk but now i am getting worried that since i am going to need that money within the next couple years if it is a bad idea to continue putting a large portion of my money in the stock market with all of this money printing going on and talk of an upcoming market crash. does anyone have an advice or suggestions for my situation? should i sell a portion of my stocks now and keep cash since my primary focus is going to be real estate which is a much less volatile investment? What are some ways to save money for real estate without being negatively effected by inflation?

@Logan Sanford^

@Jake Knight Thanks for responding! I would love to be added to that blog especially since i will be primarily looking to invest in indianapolis

@LoganStanford ^