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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
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Account Closed's profile image
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Account Closed
  • from Lakewood, Ohio
  • Member since Jul 28, 2014
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Account Closed's profile image
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Account Closed
  • from Lakewood, Ohio
  • Member since Jul 28, 2014
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Account Closed
  • Lakewood, OH
10
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Commercial Real Estate Investing

Car Wash

Account Closed
  • Lakewood, OH
Posted Aug 12 2014, 10:58

Hi Guys - 

I'm looking into my next investment and I came across a car wash. I like the location and the price point. I've never dealt in anything like this so I'm not sure what type of expenses to expect but there are no moving parts as the bays are self service. I know its got a metal roof, concrete floor(which are heated), and has 6 bays with separate vacuum station. I have experience in multi-family which I currently live in and manage but this seems intriguing. Any advice?

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