Home Forums New Member Introductions! Multifam RE Investor eager to buy my first laundry! Reply To: Multifam RE Investor eager to buy my first laundry!

#43651
Sean Barker
Participant

    That’s awesome to hear—congrats on taking the plunge! Adding a laundry to your multifamily portfolio could be a great complement, especially with built-in foot traffic if it’s near your properties. It’s one of those businesses that offers consistent cash flow and relatively low overhead once it’s up and running. Have you narrowed down your market or still checking out different areas? Coin-op or card-based setup? Either way, it’s smart to look into machine efficiency and utility costs early on. Wishing you all the best on your first laundry deal—hope it’s the start of many!