Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Stephanie Wilson
  • Investor
  • Oklahoma
1
Votes |
8
Posts

Getting out of Laundry Contracts

Stephanie Wilson
  • Investor
  • Oklahoma
Posted

Looking for anyone with experience getting out of a laundry service contract. 

It seems bizarre that these contracts can lawfully follow owners. 

I have spoken to a rep from the laundry company and he shared that if units have the option of having an in house washer and dryer then the contract would not be valid. 

Any thoughts would be appreciated!!

Most Popular Reply

User Stats

1,033
Posts
598
Votes
Rhett Tullis
  • Property Manager
  • Oklahoma City, OK
598
Votes |
1,033
Posts
Rhett Tullis
  • Property Manager
  • Oklahoma City, OK
Replied

yes i have dealt with a few over the years.  generally they are 10 years long or so.  you have to time it right.  On one they were getting so little revenue off of it that they agreed to end it early.  You can also start being more demanding on the machines and how they are maintained and the quality of machine they give you.  Some of the larger companies that do it are very unorganized so you can often get out of it. 

business profile image
Integrity Oklahoma

Loading replies...