Coin-op machines that take $1 for each load.

., for his cautions on what to be aware of, challenges he faced, and the other side of the coin..

I have another property with coin op units that I take care of, it's a little 6-plex occupied by all single people and it generates about $25-$35 every 2 weeks.I'm not sure I really understand the property but if you have a laundry room (profit center) and you're paying the tenants water bill, why would you even consider putting laundry in the units?

we just want to always talk about both sides of the coin when folks are investing their hard earned money...

Each floor has it's own coin operated laundry and dryer.

Upper main roof first half replaced 8 years ago, second half replaced last year, and lower roof was replaced last month.4 Separate Crown Aruba Gas Boilers, regularly serviced and approximately 20 years old. 4 Separate Gas hot water heater (ages vary)Washer Dryer hookups available in basement for coin laundry for additional incomeExterior painted two years agoVinyl SidingProperty just passed state inspectionReplacement energy efficient windowsPurchase Price: $210kAppraised Value: $285kProperty Type: Quadplex/Turnkey tenants in placeArea: BUnits: 1-3BR, 3-1BRRental Income: $3365 Per Month / $40,380 per year (rents can be raised 5% upon lease renewals)Utilities: Separately metered, each tenant pays their own gas and electricHouse Utilities: Common area utilities are about $20.00 per monthWater/Sewer: Landlord pays water sewer at $125 per monthProperty Taxes: $7855 per yearInsurance: $2500 per yearLandscaping/Snow removal: $1221.00Vacancy: ???

If you do invest in physical precious metals I would recommend you buy well-known pieces such as commonly traded coins, and PAMP bars.

I like to rent it to students or young working professionals. no section 8 etc. venmo; facebook; square cash as primary rent payment method is a must thing. if you upgrade each unit with occupancy sensor for heating and electric, and coin operated laundry would be great as well. 

Shoot I was one myself ) this building will be 1 block away and cross the street from campus with all the bars and restaurants  the other new complex do have pool but I think the distance and little cheaper rent than other new building. will attract students more  2  the old buildings around it  all have evaporated cooling ( which sucks bad on really hot days down here )  our will have central Ac  3  I was thinking of building a gated capmlex  to give them little something different 4  will have  washer and dryers  on site ( coin operated )5 will have masters bedroom set up  each person has his/ her own bathroom  6 if there is room left on the lot we can put little shade stricter and build it grills  Around us  1 bed room renting $450-500  2 bedroom  $685   In the old building  I was thinking of renting 2 bedroom -735    And 3 bed room  for 850    1 bedroom for $535  Project cost with lot will be about $1.2 -1.4    20 units will average at 680 a month $13,600 a month gross

The other side of the coin is that you pay a $50,000 fee to person B and it will be non-SE other income and taxed at the ordinary rate.