I've been interested in real estate investment since college but I've either been without the capital or without the confidence to take the first step.

And with price and rent appreciation in CA, we feel confident in the long term approach with these properties.

I’m in the process of evaluating the purchase of a laundromat and looking to engage with some folks to ask some questions. 

I can't believe anyone would stoop so low as to engage in reverse trolling on these forums.

We all know the issues with trying to predict appreciation but with how he says (and I’ve seen) that land is disappearing in the area I feel confident that 5% is a solid number to use.Between cash flow and appreciation, I believe a person would be coming up 21,000 a year.

While $85K is no small number I am confident that we will be able to pay it back before the end of next year and still accomplish our goal of purchasing a minimum of one property a year.   

Only if a person has a massive active income, providing for significant excess capital yrly and a sizable tax liability does it make any sense to engage in other focus. 

Let me know your thoughts, and if anyone wants to engage and do this. 

I would be happy to run a CMA for you and make sure you're confident in what you would get for your property. 

Then you have to stay in touch and keep them engaged.