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“The average real estate deal can't touch the average laundromat deal when it comes to cash flow." Discover why laundromats are becoming an increasingly popular investment as Jordan Berry shares more insights from his experience as a laundromat owner and real estate investor.
In this episode, we explore the optimal cash flow, high returns, and tax advantages of the laundromat business. Jordan reveals the secret to finding elusive laundromat deals, and outlines his proven strategy for assessing deals and operating laundromats for maximum profitability.
We also discuss creative and traditional financing options, the challenges of laundromat investments, and why major investors are interested in this niche market. Plus, Jordan shares one of the best stories ever told on the show.
Tune in to learn how to navigate the laundromat business as a new investor!
Topics discussed in this episode:
- The appeal of laundromat investments
- How to find laundromat businesses for sale
- Evaluating laundromats: size, location and cost
- Challenges and best practices of operating laundromats
- First steps and the due diligence process
- Laundromat acquisition: creative financing and SBA loans
- The future of large-scale laundromat acquisitions
Listen to The Laundromat Resource Podcast:
https://www.laundromatresource.com/podcast/
Connect with Jordan Berry:
https://www.laundromatresource.com/
Check out the FREE Collecting Keys “Sub To Transactions” Master Class!
https://collectingkeys.com/subto
If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/
Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/
Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/
If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!
Collecting Keys Podcast Resources:
https://www.instagram.com/collectingkeyspodcast/
https://www.instantinvestorprogram.com/
https://www.instagram.com/mike_invests/
https://www.instagram.com/investormandan/
https://www.youtube.com/@collectingkeys
This episode was produced by Podcast Boutique https://www.podcastboutique.com
