Hi BP, I'm looking for some coin operated machines for a few buildings in Chelsea and Lynn and I am not liking the online results I'm getting online(the cheaper machines have bad reviews and the ones with good revi...
Good morning/afternoon BP! I have a problem I don't know how to deal with. I'm unable to reach the laundry machine provider for one of the recently acquired buildings, they simply don't return my calls. I can't simply...
So, this property came with a whole lot of goodies, but this was just one other thing. We are considering selling the machines because we plan on using the store front for other things.
(quick run down of propert...
Hey Biggerpockets,I have a service contract with a tenant, who was served an abatement warrant. For those unfamiliar with abatement warrants, the city puts it's own locks on the property for a period of time to stop t...
Multifamily investors, how do you handle shared laundry rooms? Specifically, do you outsource to a third party the maintenance of the machines (and split profits) or is this something your property manager oversees? I...
I have a portfolio with an owner that is asking us to put together 15 laundry rooms with card reading machines that are self owned, not through a laundry leasing company, which is what we normally do for many reasons....
How much can one expect in revenue from adding coin-ops in a 4-plex? I have seen some listings which advertise $50-$75/week, is this a good estimate? Also, has anyone dealt with the maintenence of these things? Doe...
We are currently buying a 24 unit apartment building that has on site laundry facilities. The prior owners were using a company that paid for the machines, serviced them and then sent them a check at the end of each m...
Hi. I am starting renovations of a 4-unit which I own in Yonkers, NY in May. I am thinking of using one room in the basement as a laundry room, with one washer and one drier. I was told by Hercules (www.hercnet.com) I...
I just bought 2 family in Bayonne NJ and want to buy one coin operated washer & dryer for tenants. I have never bought coin operated before. What is best options for me? where should I buy and what size? how much ...