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Dustin Beam
  • Kansas City, MO
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Laundry Lease in Kansas City

Dustin Beam
  • Kansas City, MO
Posted

Hello beautiful people of BP,

The property I recently acquired has on-site coin operated laundry that is currently leased. Honestly, at this time I prefer to NOT own my own laundry in order to minimize my involvement with it.

Is there a consensus "best" place to lease laundry equipment? Obviously my goal is least amount of responsibility with highest percentage of profits. If you have any experience w/ this, I'd appreciate any input.

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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

I will tell you, laundry leases are vicious from every place I've seen them. So we prefer to buy. It's not that expensive after all. Something to at least consider.

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