What if I told you that not only do Laundromats still exist....but they can also provide you with six figures a year in passive income? Starting to look sexier now? Good.
Today's guest is Jordan Berry - creator of LaundromatResource.com and host of the Laundromat Resource Podcast (also FB community). Jordan over the last 5 years has become a thought leader leading the charge in making information available to investors on what to do/NOT do when investing in laundromats. LaundromatResource.com has grown to become the biggerpockets of laundromat investing with a whole community and forum attached for you to ask questions and support each other on your journeys.
Jordan owns multiple mats and is also an avid real estate investor.
Today we discuss:
- Why Laundromats?
-Why buy a business?
-How to avoid shiny object syndrome
-How to find great deals
-How to value a laundromat and submit offer
If accredited and looking for syndication opportunities in this space - Jordan has an open fund at DiligenceCapitalInvestments.com.