Ben Leybovich
Car Wash - does anyone own?
Guys,Got a call from a banker. A set of several automated car washes is selling. If anyone owns some car washes, please chime in. Underwriting EBITDA and CF, and I'm starting to develop a basis for understanding, but ...
Julio Gonzalez
Car Washes and Their Unique Cost Segregation Study Benefits
Cost Segregation is a bit of a buzz word these days, but in case you aren’t familiar with what a cost segregation study is, let me explain. A cost segregation study is a strategic tax planning tool that separates the ...
Sara Peak
Purchase a car wash? Advice needed
I am looking at purchasing a car wash. I am overwhelmed a bit with the thought considering it would be a new investment for me (currently one SFH rental and 1 mulit family 6 unit apartment). However, I am very interes...
Daniel Smyth
There is a Car Wash in my area that is boarded up.
There is a Car Wash in my area that is boarded up. Anyone have experience with buying and Holding a Car Wash?I would like to talk!Thanks!
Zaheer Khan
Seller Concessions Exceeded
Hi BP community!
First time investor here.
I’m getting ready to close on an investment property (condo) next week. My lender just informed me that my seller concessions exceed the relevant closing costs (including ...
Aaron McCurdy
Where do I begin? Commercial investing -- ie: Car Wash
Hello, All! First off, thanks for any advice that I can get. I am learning as much as I can but there is so much to all of this. My wife and I have been discussing what we can do to leverage some of our money and di...
Kyle D.
Developing a car wash
Hi everyone i want to develop a car wash along a busy 6 lane state highway that is used by commuters to get to work daily. It would be a full service tunnel wash with vacume stations, vending, etc. We could get the la...
Brianna Tardi
Laundry washing machine, to replace or not?
Hi BP!!! The motor is out in our rental washing machine, to save us the back and forth we are leaning towards replacing the entire unit but in the mean time do leave it up to our tenant to figure out how to wash her c...
DJ Cummins
Please talk me out of offering on a car wash in a sketchy area
Hey all,
I have a chance to purchase a car wash for about $.30 on the dollar. It’s in a bad area. The McDonald’s next door has closed because it was robbed several times in the past year. Cash flow according to the p...
John Public
Car wash businesses
Recently I have been looking at commercial properties as well as 16+ multi-unit apartment buildings as an investment possibility. As I was looking on loopnet for pure commercial I have been noticing that there seem t...