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Multi-Family and Apartment Investing

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Lokesh W.
  • Milwaukee, WI
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163
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Coin Operated Laundry for Duplex??

Lokesh W.
  • Milwaukee, WI
Posted Mar 25 2013, 12:58

Hello,

I will be closing on a duplex purchase next month. Everything looks good so far. I am making a list of things to do after closing.

There are 2 washers and 1 dryer that will come with the purchase. I wanted to convert these machines into coin operated. Very likely, I will have students living as tenants in this building. Is it a good idea to do this or not? I am concerned that coin operated machines break more often and can be frustrating for the tenants.

Any suggestions are greatly appreciated.

Thanks

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