Dale Carlson
12 months into Real Estate Investing
7 April 2018 | 36 replies
My wife wanted no part of the real estate investing world, so i bought her a bulk vending business that nets about $400/mo.
Ryan Deasy
Car washes - who owns one and can share their experiences?
30 January 2022 | 9 replies
. $1 & $5 plus credit cards accepted in all bays.1 Touchless Automatic (Southern Pride) $bills credit cards accepted.6 Self serve vacuums - 2 accept $bills.1 carpet shampoo/vacuum combination vacuum1 mechanical vending machineRecently Updated2 3 column electronic vending machines with credit card.2 single column electronic vending machinesRebuilt touchless automatic towerRebuilt Hamilton GoldLine Auto cashier.Hamilton front load change machineRebuilt bay doors (GinSan)L.E.D.
Denayer Burns
Additional Streams of Income
3 June 2017 | 29 replies
Eh...not to say this is a bad idea, but in my opinion, I think its more effective to just focus on the core concept of the business, the actual lease of the property to generate good profits rather than trying to nickel and dime tenants into more profits.Obviously, items like laundry services and perhaps vending machines might work well and make since in a multifamily setting, but I think offering to wide of a selection of add-ons cause an over complexity to a business that often runs smoothest when kept simple.In a large, class A facility, there are probably lots of avenues for setting up additional revenue streams and services, much of what can be outsourced, but for attempting to confuse a lease with different services and add on costs can often become a headache to manage on top of the tenants.At the very least, instead of offering additional services, I would simply partner with local businesses who might allow you to profit from discount, bulk pricing which you can then up charge to tenants.
Adam Dorn
Just wondering everybody's education/background?
12 September 2017 | 198 replies
I feel a little inadequate here.Be here you go:High School dropoutI went to a homeshow at the college once, but otherwise that was the extent of my college experienceArmy National Guard (currently at 21 years. and 2 tours in Iraq)Started a restaurant hood cleaning business in 2007 and sold in 2011.lost money on a vending business in 2009 ( but the guy went to jail)Have been studying real estate for about 5 years, and my wife and I are currently engaged in our first deal on a duplex (we will be "house hacking").
Joel Feingold
Property owner and investor from California
18 July 2016 | 6 replies
I recently read an article about sacrificing to get ahead, and I will definitely say that my wife and I did extreme sacrificing and very long hours to get where we are today.I ran a vending machine business for 21 years, that I started from scratch back in 1991, we sold The bulk of that business four years ago when we moved up to the mountains, just above the town where our property is.
Kyle Lewis
Deal Analysis: 12-Unit Apartment Building - Current vs. Rehab
4 January 2017 | 13 replies
We work with our investors buying properties and look for properties that have "other" opportunities increasing revenues from a variety of means , vending, rubs, bulk savings, extra services.
James Syed
Multifamily Florida
13 January 2017 | 20 replies
I have a customer that just had Verizon build a small cellphone receiver on top of the multifamily building that he owns which generates income for just being there. vending machines, billboards, ATM, Who pays for water?
Andy N.
48 unit apartment upgrades
10 February 2017 | 12 replies
Are you managing both the laundry and the vending yourself or did you contract that out?
Stephen Biggans
Gas station investment opportunity (out of state in FL)
22 March 2017 | 1 reply
Vending Game Money Orders Rebate 24 hr. 600 7,200 7,200 Rebate Inspect. 500 6,000 6,000 Air/Vacuum 50 600 600 Total 199,500 EXPENSES ITEM MONTHLY AVG.