Not sure the columbus folks will like to hear this, but it is what it is. 

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 connect you with folks who can go more in depth on the process with you. good move or bad move?...

The biggest difference is having the patience to wait until what feels like the last minute to book folks compared to LTRs.

Most folks are charging 10% of the rental rate for monthly PM fees. 1 months rent for a leasing fee and couple hundred for a lease renewal.

But it did get me thinking - what are other folks considering a "good" cashflow for a property in 2024? 

I usually advise folks moving to a new area to rent for awhile to get the lay of the land.

There is a ton of risk for the seller as we know in these deals and there are bad actors in these deals as well.. ran into many of them buy sub to never pay of the mortgage rip the rents and down the road..some off those folks got criminally charged and got prison time..

BO is ramping up their employment now, my new tenant will be working with HR at the site and will be onboarding lots of folks over the next 2-3 years!

As folks move from older buildings to these swanky new apartments, their old units come on the market.