I bought a house in upstate NzY recently without an inspection , due to low price offer . tenants have moved in and found There is a leak under the washing machine. My lease does not mention anything about washer / dr...

No it does not... however four gumball machines might. Is what you are thinking of buy and holding make more profit than four gumball machines? This post is to get a new investor to take a step back and consider what ...

Just curious if there's a consensus: Is it better to own or lease your laundry equipment in the Cleveland, Ohio area (or any area)? My PM is recommending we get rid of our coin-operated laundry machines and replace th...

Does anyone have experience with leasing coin op laundry in small multi families? I’m aware of some places that have a minimum unit requirement, but would like some options for our 5 unit portfolio (or maybe only a p...

Tenant tried contacting previous owner about replacing a washing machine 2 years ago that didn’t work anymore. Owner didn’t respond and tenant bought a new washing machine anyways. Now that there’s a new property owne...

Greetings Gentle Readers!Today's topic is one that is of some concern to multifamily apartment owners currently in a laundry lease or thinking about signing a laundry lease."Commissions" is a colloquial term used by l...

Hi all, I’m currently in contract for a 2-family in Jersey City (newly renovated in B/C area). There are no washer/dryer in either unit, and the closest laundromat is 0.5 miles away. I’m considering installing a set o...

Installing a laundry room in my 6 unit. I explored coin operated units and stumbled across a company that has a product that converts any regular washer or dryer into a coin operated unit. I like the idea because I he...

Hi Guys, anyone have experience on changing existing washer and dryer into a coin operated machine? I just took ownership of a 5 unit property in PA and tenants basically use the machines for free. How do i retrofit t...