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...
Nathan Smith
Buying a Carwash - Would love some advice
Hi Everyone,I'm looking at buying a car wash and would love to get some feedback and comments to help make my decision. 2016 sales were $225,000. Net profit is $116,000. Asking price is $1,000,000 Below are a few ...
Michael Calderaro
The Insider's Look at Requesting a Laundry Proposal!
Greetings Gentle Readers!Typically when a property owner or manager needs a laundry proposal they contact a laundry company and ask for a “proposal” without giving the operator, specific, if any guidelines in which th...
Shane Hearn
Laundromat realestate help
Hello all, I am a 29 year old military officer who owns a few rental properties. I recently purchased a rent house in Oklahoma and the owner offered to sell me his Laundromat buis across the street from my rent house....
Derek Buescher
Multifamily Expenses
I am looking to start investing in multifamily properties. I have set up my proforma spreadsheet and I am pretty sure the calculations are correct. When I evaluate properties what are all the expenses associated wit...
Stephen Kunen
Would you buy this deal
We started our first direct mail campaign for multifamily properties (5+ units) this month. So far we have one valid lead. However we think the seller is asking too much, even though it is a stabilized asset in a good...
N/A N/A
Due Diligence List ?
Hi,
I'm looking invest in a few apartment buildings. What should be on my due diligence list ? When someone here acquires a property whats on there due diligence list ? Thanks.
Steve
Michael A. Warner
Planning to start a coffee business
Hey all, I am planning to start a small coffee shop in my city. I am a big fan of espresso. So, I thought why not sell it. There is great happiness associated with doing a business that you like. But the thing is, I a...
Rob Griffie
Multifamily Property Analysis
What is the best and most thorough way to analyze a multi-family property before purchasing?
Michael Calderaro
Laundry Room Issues - How commissions are paid to your property
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...