I was talking about this with a friend and we have split opinions. I think it would be great for a multi family building with 10 units or more and they don't believe it would be a good investment because you don't see...

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...