You're an inspiration Kevin. Seriously, you make time for your family, and Lauren. Showing that you can "Have it all" I'd love to see a video where you explain how you manage a work -life balance. You obviously work a ton, but you still include your family and seem to have a great relationship. Seems like most people value one or the other, I've had my share of not making time for an s.o. because I'm working all the time, how do you do it? Thanks for the videos and your course is awesome!

@MeetKevin

4 жыл бұрын

That’s a good idea!!

@johnolmedo4812

4 жыл бұрын

I love How humble you are Kevin !! Please stay humble !! This makes your videos 1000x better than your friends ...

@cherrytung

4 жыл бұрын

Yesss! I’m dying to know how you stay so productive and consistent with all your responsibilities!

@themodfather9382

4 жыл бұрын

Yup. Unfortunately we can't all be millionaires, the economy & the world don't work that way.

@John-uz5qb

4 жыл бұрын

the modfather not true!

If I closed my eyes and imagined what a laundromat owner looked like, it would be this guy

@jasonmiller9642

4 жыл бұрын

Hahahaha

@ivanmilosavljevich1698

4 жыл бұрын

Nicholas Wise 😂😂😂

@hotsauce69247

4 жыл бұрын

Pretty much, but in my mind he has a thick European accent 🤣

@james5460

4 жыл бұрын

He carries a piece, too.

@gstacks510

4 жыл бұрын

Asians

I have always believed that the business holy trinity would be a single building with a 1. Liquor Store 2. Subway 3. Laundromat Every weekend would be a pay day.

@Michelle-pn9xt

4 жыл бұрын

There is nothing holy about a liquor store!

@robinabernathy2829

4 жыл бұрын

There's actually a business in my city that has this. They aren't all apart of the same business though. Th liquor store is attached to the gas station and the laundromat is located next door to the gas station.

@nofurtherwest3474

3 жыл бұрын

I think a laundromat with a coffee shop would be good. Shared seating. And people wait for laundry, so they might likely order a coffee.

@jamesross1798

3 жыл бұрын

@@Michelle-pn9xt Well Jesus did turn water into wine

@1848432

3 жыл бұрын

The old holy trinity was a 1.Blockbuster 2.Little cesears 3.laundromat

My mother worked at a laundromat when we first arrived in the states 20 years ago, I spoke to her a few days ago about what businesses she’d like to open up if given the opportunity and she told me she’d love to open up a laundromat. Now its 4AM and I just got off a 14 hour shift at this meatpacking facility, and I suddenly come across this video. I loved the amount of information you guys provided in this video, can’t wait to talk to my mom about it in the morning. Thank you for the knowledge! God bless.

@nicholaschelala4868

3 жыл бұрын

Cool bro

@Rolando510Mota

3 жыл бұрын

Feedback what your mom said? 1 month later do you have a laundry mat? I always wanted to buy 1 aswell because the laundry mat basically runs it’s self

@valerierivas1619

2 жыл бұрын

Hi Gino! I hope you've bought your laundromat!!

@pjt3887

2 жыл бұрын

Hope you know about Danny the laundry King. This is one of his students. Hope you found one and are doing wash and fold. Make money 🤑🤑💰💰

Graduated highschool in 2009. Worked a dead end job for a few months and saved a bit of money. I went and bought a couple of those quarter vending machines. I would usually place them in break rooms or barbershops( parents would give the kid a quarter to sit in the waiting chair and shut up with the candy). After about 6 months I had built up a small route making about 150$ a month profit.. Started to look at soda and snack machines to expand.. Then had a falling out with the parents who decided I couldnt stay the agreed upon 2 years after graduation and I became homeless and lost it all.... Now i am married with two kids and while still working a dead end warehouse job I have felt the joy of counting the cash from a venture I started and still have the dream. Your videos have kept my inspiration alive. Thank you for your content.

@dembatoure1393

3 жыл бұрын

I pray for your success brother.

@adalgissarodriguez7026

3 жыл бұрын

Update?

@coachcravens2697

3 жыл бұрын

I feel man. So many big dreams but working a dead end job to support my daughter

@Wadley225

3 жыл бұрын

The day you turn 18, your parents can put all your stuff on the curb and tell you to get lost. You should have remembered that and let them win the argument instead of trying to be right. I grew up with someone like that, always wanted to be right and argue with his Dad, and 25+ years later, he is still a loser. Were you working additional jobs in addition to your $150 a month profit vending machines? You should have been.

My family had a laundromat for several years. One thing about the “Out of order” sign was that Dad used to put a sign on working machines during the quiet months so that he could control what machines were used. It also meant that when the place got broken in to (which it would happen from time to time), not all the machines would be robbed (and broken) as the machines that were ‘out of order’ wouldn’t have coin collectors installed (this is before CCTVs were commonplace). Not sure if that’s the case here, but it worked for him.

I seriously hate apartments without their own laundry facilities, one of the most important things to me when I plan on renting a place to live in is that is has its own laundry.

@gianthills

Жыл бұрын

I hate apartment laundry rooms. They never have enough machines and youre always waiting for people to finish. There are way more machines at laundromats and theyre faster and more efficient and about a dollar or so cheaper.

"oh its zero dollars, just have a friend with 40k"

@codycast

4 жыл бұрын

funkydiscoduck I’ve bought $100m in real estate. I sure has hell didn’t write a check for $100m. Getting loans is part of investing and not something that’s difficult or some “catch”

@InvestmentJoy

4 жыл бұрын

Doesn't have to be a friend, you just have to know how to write a proposal showing how so. Rome else can benefit for giving you the money

@jman7719

4 жыл бұрын

@@codycast The point is not that he took a loan, it's that he got the downpayment and capital to make improvements from a friend who invested as a partner. It's very difficult to find an investor to put up all the equity and to get the seller to hold the paper on the investment.

@jeremias-serus

4 жыл бұрын

@@jman7719 That's most certainly not the point. It's rather evident that OP just saw the title and thought it was a 0 capital down, money profit machine.

@joshs8089

4 жыл бұрын

@@codycast How do you make yourself an attractive prospect for someone to lend to? I'm a sole proprietorship, no debt.

Graham: I have a $0 Tesla *Kevin: hold my laundromat*

@gabakusa

4 жыл бұрын

Cherry Tung - Finance & Fashion lol

@cherrytung

4 жыл бұрын

@@gabakusa haha

@fathan16

4 жыл бұрын

@@gabakusa tee-hee

@syguzman5739

4 жыл бұрын

@@cherrytung 🤣 You're cute

@cherrytung

4 жыл бұрын

@@syguzman5739 🤣🤣

I called up some investors, and said: "Hey, would y'all like to purchase a business capable of -laundering- -money- washing clothes?"😉

@chaseo4557

4 жыл бұрын

SC Fulmer honestly lol. It seems that way. All I took away from him was he knows someone that needs to hide money and he knows people that will work for free

@crowley_offcl

4 жыл бұрын

Facts...The only people who buy laundry mats are people who need to make sense of cash and guys who look like that...Makes me wonder, what do they got going on in Ohio??

@jennymagnit4810

3 жыл бұрын

@@crowley_offcl if you watch Brandon channel you'll see your misjudging him

Anyone that has the knowledge and skills to make a key from a picture would also have the skills to open it in 10 seconds without a key.

@coherentpanda7115

4 жыл бұрын

LockPickingLawyer would have this place drained in seconds.

@FlowtnWitWalden

4 жыл бұрын

I used to park on the street in downtown Manhattan often. Had various cars broken into several times. No picking going on. You could tell all they did was put a flat-head screw-driver in the key-hole and bang it good with a hammer.

@richardcontinijr9661

4 жыл бұрын

@@FlowtnWitWalden Yup down and dirty is quick and simple. My favorite was a spark plug. Watched my boss use it to get into a junker that was locked up. Of course if I did that I'd have a very pissed off customer. Honest truth is when I was working as a locksmith I'd would almost never pick a lock unless I had to. It's almost always quicker to bypass a lock. Got a call from a woman who locked herself out of her house once. Usually it's $95 to get in. Whoever built the house was a complete idiot, one of the worst jobs I've seen in door fitment. I slipped the latch in less than a second. She was shocked. Once I explained why I was able to get in so fast she had me go through the whole place and fix 4 exterior doors and 15 interior doors. Ain't nobody getting in there without either a key, picking pins, or destructive entry.

@MrBottlecapBill

4 жыл бұрын

@@richardcontinijr9661 Oddy enough some dude just butchered the laundry machines in my apartment building to get the coins. He got in........a young cop ran him down. Now he's in jail. Again. It's really easy to get into these things. He just pried them open with a small crowbar like they weren't even locked. Of course the machines need new drawers and locks now. Not cheap.

@sharonpodorski4687

4 жыл бұрын

We own 3 use to own 6 it isn't easy like they say. 24hrs of care ,people calling,robbery, break ins a d tearing up equipment. These asses showing money on utube put all us owners in danger. I am going to try to get this off

OK, I own two laundromat. Passive income is BS. Keeping these machines clean, your storefront clean, keeping machines running, is not passive. I haul in 10x what this dude pulled in, but I will never in a million years call it passive. And get a coin scale. I can weigh $500 in quarters in 5 seconds. And the machines in this video are old & inefficient. The storefront could use a lot of cleaning also.

@roundedges2

4 жыл бұрын

I think you could get paid as a Laundermat guru. You’re welcome. Don’t send me my commission in quarters, tho. And kudos to you btw.

@LiLBitsDK

4 жыл бұрын

he has a person clean the store front and he does the little maintenance he need to do himself or has his brothers company fix the machines... and he makes way more money on KZread with his coin counter than YOU do with your 5 second bucket ;-) he just made a video recently and I think it was somewhere around $30.000 from KZread counting his quarters... so do you think he has interest in changing to a "no fun bucket weight"?

@NatashaRaisorGlam

4 жыл бұрын

Larry Singer Thank you for sharing.

@LiLBitsDK

4 жыл бұрын

@starshipeleven guess you are as clueless as you seem, maybe watch the video I told you about instead ;-) and he is not the only one I know about that makes a healthy load on YT

@reanimaniact3263

4 жыл бұрын

Jesper Andersen yeah I'd have to agree I don't see that business being successful long term... ESPECIALLY Not if you don't wanna invest anything yourself. He'll make money of youtube but you do that with anything that racks off views (say for examples I make a lemonade stand. And post it to youtube it get millions of views I'll be making money for thst stand but not from the actual stand itself.. I just don't see this guy's laundry mat being good

This guy really said he's only done laundry like 3 times in his adult life.

Awesome video to watch! Very inspiring, I'm in the dry-cleaning business with a few stores and I'm now thinking about opening a laundromat. I would love to have a business where I don't have to go through HELL dealing with staff. Keep up the good work Kevin!

I have 3 laundromats, sold my single family houses (30). Never looked back. To this day I also have not paid one dollar for the laundromat. If you can fix the machines and are handy, best buisness ever. Great video!

@SergioB-MakingMillionaires

4 жыл бұрын

Interesting...could you go into more detail

@FollowingKeenan

4 жыл бұрын

@@SergioB-MakingMillionaires I look for a run down business in a good to great location. Then I'm able to low ball offer. Laundromats are great because most dont keep track of income. Hard for them to show a income statement. Unlike this Ohio place my places pull in 3 to 5grand a week. I spent the first few years of my real estate career paying off properties. Then I use the paid places as collateral for the down stroke. Hence no money, I have a 1mil line of credit at bank. You can also refinance once fixed up pull you money back out, if you find Meet Kevin's wedge type property. I plan on posting some videos of my mats next week., I'll go more in detail. That why I love Meet Kevin he gives spot on advise. Some of this stuff took me years to learn. I really dislike the guru that misleading young people like you astray.

@50rads

4 жыл бұрын

Following Keenan ! Holy shit dude lol that’s amazing. I’m 22 and I want to get into the real estate biz to make millions, in currently working toward Executive Protection, so I can make some big boy money to fund my real estate biz. Im a big guy taking jiu jitsu, so soon I’ll be able to taste the sweet life 😉

@LAC32Griffin

4 жыл бұрын

3-5k per week in quarters...idk man I’m calling bs on that one

@FollowingKeenan

4 жыл бұрын

@@LAC32Griffin I know it's crazy that why I got out of the little houses. How about in my next laundromat video I'll show my tax return for last year. Heck I spent around 65,000 last year in just utilities for the laundromats. Laundromats , carwashes , and mini storages are all dependent on the location. So that can effect profit greatly.

wow literally JUST started watching this guys videos and than kevin heads out and talks to the guy

@Orlando609

4 жыл бұрын

Same here. Just started also. Mad random

@DavidTrumbly

4 жыл бұрын

@@Orlando609 Same here, the KZread algorithm is getting a bit too good lol

@LinkTheHeroOfTime

4 жыл бұрын

Me too!

@charleskayser4646

4 жыл бұрын

Haha same

@InvestmentJoy

4 жыл бұрын

Thank the algo for that

"just have a friend with 40k" I need one of them.

This is hands down the best channel on KZread and I always watch til the end bc that song is a bop

Haha good timing on this. I have 11 airbnbs and the laundry expenses are crazy, was just talking to a business broker yesterday about a laundromat that's for sale in the area, then this video gets posted.

4 dislikes from people who can't make keys now

@JG-tt4sz

4 жыл бұрын

Or 4 people who don't own their own washing machine.

@Joshua_Henderson

4 жыл бұрын

If they had just kept watching, they would've learned that they can just make cardboard quarters now instead lol

@casewhite5048

4 жыл бұрын

@@Joshua_Henderson surprised that would work

@chaseriderthetruthchaser5988

4 жыл бұрын

Lol, those crooks 🤭

@tsmith3887

4 жыл бұрын

It's so crazy people really do that!

I flew to Ohio to checkout Brandon's laundromat and report back to you -- where should I go next?

@ZachSwena

4 жыл бұрын

I am glad someone finally mentioned the key copying. I was afraid to mention it...

@mikhailtal6449

4 жыл бұрын

Storage

@ChrisTheCentaur

4 жыл бұрын

New York

@NotShowingOff

4 жыл бұрын

Custodial businesses are good. ATM business owners. How about Tesla owners that rent out Teslas. Self published authors. The list goes on.

@bkfromtherockies

4 жыл бұрын

Funny that you went to a laundromat and discussed needing repairmen. There's a great guy named Mike Sneed of Sneed Appliance Repair in Clayton, North Carolina (callsneed.com/Home.aspx) and the Appliance Boot Camp KZread Channel (kzread.info/dron/lDhN_npSkbGmPBEowIfj9g.html) that trains people in appliance repair. If you feel like discussing how to run and maintain a laundromat, hit up Mike (callsneednow@gmail.com ). BK

My father owns a laundromat in California and there are some things that we have learned along the way. Look for a used laundromat that you can catch a deal on buying new is very expensive and the machines will have issues usually right as the warranty is up. Less is sometimes more, yes more machines will gross higher sales but the water and gas bills get expensive especially in CA "the use of dryers actually lose money", also the additional cost for maintenance for the repairs of more machines really adds up. Unless you yourself plan on being at the laundromat all the time you need an employee there constantly, crime and vandalism will get out of control if not. Also ourselves as well as other laundromats in the area have noticed decreased retention rate of customers, there could be a lot of factors, but I personally believe that people having the ability to buy used washers and dryers from online marketplaces for basically the price of what it costs to do laundry for a family for a month at a Laundromat. All in all trying to run a business like this in California is not easy, it has been a lot of sweat, pain, and tears and he has been making a small profit on a monthly basis, but his Business Loan will be paid off early next year and it will be well worth it.

@MeetKevin

4 жыл бұрын

Where in Cali?

@ca11medeemoney

4 жыл бұрын

@@MeetKevin Rialto

@MeetKevin

4 жыл бұрын

Could make for an interesting video!

@ForeverDiamonds123

4 жыл бұрын

Meet Kevin id love to see this happen. Daniel, please collaborate with Kevin :)

@RaudiRo55

4 жыл бұрын

Yes, make the video in Rialto. It could be done in one day Kevin. Leave Ventura in the am you could be back in town for dinner.

Kevin, your content and videos have been so informative and great lately! Keep up the awesome work!

Blows my mind, seeing you 2 together. Great job guys.

When I started my career in accounting I worked for a CPA firm in Manhattan. One of our biggest clients was a guy that started with one coin-op laundromat, eventually worked his way up to a bunch of them, sold off that business and started a hugely successful hedge fund. (Obv this is the cliff notes version).

The laundromat I use to go to used cards for the machines. Deposit money in one machine and get rid of the time it takes to get all the quarters!

@syguzman5739

4 жыл бұрын

The laundromat by LAX uses cards, too. I guess it's a security from people busting into the quarters.

@michaelsasylum

4 жыл бұрын

Card laundries don't do well in certain markets, plus there's a lot of fraud with those cards.

@thyslop1737

4 жыл бұрын

His machines are too old to convert to cards except for three washers I saw.

After owning laundromats for over 11 years... You do not count money in front of people

I was literally looking at a laundromat business a few weeks ago. A friend of mine is making 12k a month absolute passive income. The cap it takes to get going is insane but this video gives me hope. This is recession proof

@strawberriesncandii

4 жыл бұрын

Keithtric Cottrell Is this before of after all the bills are paid like rent, electricity, water and such?

@ecclairmayo4153

4 жыл бұрын

What about now, since COVID?

Great Video 😎

That's cool you watch his channel, I came across Brandon's channel a few months back and it's been a joy.

Love seeing videos like this. I'm hoping to open up a laundromat in the future, I love side hustles that can be somewhat passive

yooo kevin, this quarantine i'm learning a lot!!! all thanks to you Love and support from barcelona, we are lockdown since 30 days and the government is telling us to keep like this until mid-june. good luck in america with the massive debt. and dont stop making videos!! cheers

As a Laundromat owner/operator. I have to tell EVERYONE that a Laundromat is FAR from PASSIVE. There is a whole hell of a lot to running a laundromat than collecting the coins. Believe me!

@royreynolds108

4 жыл бұрын

Absolutely. I have a 1200 sf bldg with 11 washers and 6 driers. I am having to do some major renovations from vandalism but before that the store was running a profit.

You remind me of a real estate Ryan Reynolds and it’s freaking me out maaaan

This is awesome. I love both of your channels!

I'm glad that you brought up the thing about people making physical keys from photos. A LOT of people are unaware it's a thing.

I love videos like this Kevin. I always like it when the good, down-to-earth people share their slice of life videos.

Gotta watch those leather jacket guys, they're hustlers lol

@akllls617

4 жыл бұрын

Ivan yeah they are 😂😂😭😭

@04dram04

4 жыл бұрын

Yea, he looks like so many scammers I have met

@BUTTA170

4 жыл бұрын

Ivan Gurrola facts

@zacharyward3123

3 жыл бұрын

@@04dram04 both legit businessmen.

Yooooo!! I just found that guy last week and now your making a video about him! Awesome!

Great video Kevin. I appreciate your and Investment Joy's desire to teach, help, and inspire, I'm the exact same and feel we need more of this in the world. Good for you both.

I bet he’s really “cleaning up”; practically “laundering” money! 😂😂😂 I couldn’t help myself. Dad jokes done I promise.

I find it amazing how there are people that still use this kind of service. It would work only in big major cities in my point of view.

I love Investment Joy. What a great channel. Collecting and counting money is oddly satisfying!

These interview episodes with other investors are always great.

I watch the other channel as well and it was pretty Kool you doing a behind the scenes and asking him extremely important questions that makes and average Joe wanna go out and and start hustling....

Wouldn't bother to make a key out of a picture when it would take me 30 seconds to pick that lock

@AJ42069

4 жыл бұрын

For some small crack change too 🤣 no one is going to bother traveling to this location for $2.75 off one machine 🤣

how can anyone dislike this.....smh , kevin you gonna help me actually not be poor any more...love ya energy and ya go getter attitude man.

This guy is KILLING the KZread algorithm. Not to mention the $8k in coins he gets regularly 😂

@blancomike7361

3 жыл бұрын

I did the math, it looks like 2,130$ a month

You dressed correctly; the weather in Ohio is usually that cold late December, January and February. November, October, and March and April are usually 40-50 for highs and 30-40 for low. It was just really cold for November. However it does snow sometimes in October and the latest I've seen is Memorial Day weekend in May. Those are once in a lifetime though.

I love that "screw it, let's just jump in" mentality. But it also terrifies me, even when i have the numbers that tell me, yea this makes sense. The hardest part is going to other people for help or hard money. I have a hard time asking someone to lend me $20 bucks, let alone $20k. I know I'll probably get it, but I feel like i don't deserve it.

@WJWeber

2 жыл бұрын

I gotta say. If you actually ask. That is literally you thinking you deserve it already

He has been on my recommended for the last week and glad you made a video about this!

Very insightful & different!! Thanks Kevin!!

I do taxes and I am so glad you explained about how cheating on taxes can hurt you, more than help!

@MeetKevin

4 жыл бұрын

Agreed!

@guerillachan20

4 жыл бұрын

@DaToNyOyO i agree taxman only finds out if u report dude other then that IRS is grateful just to have you pay anything.

1:40 FYI Kevin, actually the cleanest toilet in a restroom is the first one. It's used less because most people go to the last one for more privacy.

@kristinatidwell6563

4 жыл бұрын

@LagiNaLangAko23 I typically take bleach wipes in my purse when I go shopping and I clean up the mess around me before I leave the bathroom. I wash my hands too.

Love how there is a $10,000 reward for Micheal Saylor on the whiteboard in the back lol

Been looking at ur videos after seeing Stephen G videos. Love the quality content, Great info & personality.

Meet up between Kevin & Graham: Graham: you want to try my $0.20 iced coffee? *Kevin: No, I have $0 mine*

@benflippin5070

4 жыл бұрын

Wolf of Dubai Stocks Investing Channel It’s just simply not funny when there is incorrect English used.

@dizzitube84

4 жыл бұрын

@@benflippin5070 fix your sentence first, then.

@benflippin5070

4 жыл бұрын

dizzitube84 Where’s the error?

@dizzitube84

4 жыл бұрын

@@benflippin5070 figure it out, asshole. You are the syntax critic.

@benflippin5070

4 жыл бұрын

dizzitube84 Says the idiot who doesn’t capitalize the first word of his sentences.

I wonder how his business is doing with this going on😔Learned a lot from this video!! Thank you 🙏🏽

@ecclairmayo4153

4 жыл бұрын

This is what I was thinking too. I recently saw a lot of laundromats for sale. Much more than what is usually on the market.

A Laundry is where people meet. Good. A laundry is where people need to do urgent stuff. Good. The laundry is cheap. Good. The laundry has ample space for more stuff, one can sell there. Good. The machines are old. Better than one may think - it might be easier to fix than high end machines.

Here in Illinois it’s about $8 a load, I’m sure they’re laughing to the bank

@syguzman5739

4 жыл бұрын

Are you in Cook County?

@briansierzega

4 жыл бұрын

*Crook County (lived here in Chicago my entire life)

@syguzman5739

4 жыл бұрын

@@briansierzega 🤣 You can buy the judges if you've got the money!

@briansierzega

4 жыл бұрын

Sy Guzman Ha! Right!? I hope to never be in any position, good or bad, to have to pay off a judge! But that’s just me...lol

@royreynolds108

4 жыл бұрын

A lot has to do with the cost of utilities-water/sewer, electricity, and gas plus taxes. I have a laundromat and our water bill in our town basically doubled the base rate in about one year. I am in northeast Texas area.

I love how murica people always says 0$ something something. And it's just other people money, not yours.

@od4407

4 жыл бұрын

Is that too complex of an idea for your non American mind??

@carziemke6128

4 жыл бұрын

Murica people? The only kind

Back in the 80s I was asked by an owner t help empty machines an it took 2 grown men to carry full boxes of quarters lesson learned 😋

Lmaooo romantic music, slow motion pulling coins in to the bucket!

Great content as always Kevin! You’ve inspired me to build great content on my channel 😎👍

I'm just commenting to boost the channel's algorithm 🤣

@evanchi9460

4 жыл бұрын

I'm just replying to help out with community participation.

@syguzman5739

4 жыл бұрын

@@evanchi9460 🤣❤

@Commercial_Investments

4 жыл бұрын

Evanchi shit I’ll help too

@FroskiTheBroski

4 жыл бұрын

:)

@syguzman5739

4 жыл бұрын

@@FroskiTheBroski 🧡

ALL respect was lost for this tool when he said at his age he's never had to do laundry in his entire adult life...

@dizzitube84

4 жыл бұрын

You two beta male dorks can't imagine a nuclear family.

@od4407

4 жыл бұрын

@@dizzitube84 that's ok they hate themselves so only hate on successful people

love how this man.. this man right here. got the actual greatest joy.. from simply taking quarters out of washing machines. That right there.. thats hilarious and awesome

YES I knew this was coming when I saw the Ohio Video! so excited for this

...still don't understand how he's making a profit when he's still approx 40k in debt for loans that he has yet to pay back.

@rickbalderas4033

4 жыл бұрын

You don't have to pay back debt as of 2020 I heard

@dylanr12player

4 жыл бұрын

The laundromat is making more than his payments are for the debt. He just profits what's left while also paying down the loan.

@coherentpanda7115

4 жыл бұрын

The 2nd floor apartments basically make the payments for him.

@kameljoe21

4 жыл бұрын

Its not 40k its 110k, 15k down payment 25k rehab and 70k financed from previous owners. If he pulls in 3k per month in profit it will take him 4 years to pay off the princable and another few years to pay off the interest. Its a 10 year investment....

@codycast

4 жыл бұрын

Trojanette83 he’s praying that we elect a socialist and his debt magically goes away

All about solving problems.....agree you gotta be willing to do Anything to succeed. Nothing is too much "hassle"

Thanks for the information!

Literally watched this guys videos like a week or two ago

@asxnkmb

4 жыл бұрын

Same. Place look familiar when Kevin enters.

"I'm not above doing any work myself" but "I have only done about 3 three loads of laundry in my adult life".

@nslouka90

4 жыл бұрын

That mid-west sense of humor

@Josh1888USU

4 жыл бұрын

@@Michelle-pn9xt These " ", are quotation marks. I was quoting what was said in the video, watch the video and you should get it.

I just want to let you know your making a huge difference with your video so far I have applied for a real estate license course and motivated me to start getting passive income as well I have a trash credit score that I’ve actually been able to improve substantially just by watching the vids I’m a stay at home dad of two so it’s been a hell of a ride and I’m sure with the help of you I will be on top of the world in the next 5-10 years thank you so much for opening my eyes lots of love from Canada Nova Scotia you are definitely an inspiration and my role model see you in cali ten years from now I will be there mark my words brother thanks again I appreciate you!

@Ambitious667

2 жыл бұрын

Thanks for comments dont forget to hit the subscription button +①④①②⑥⑨⑤⑥③④⑨...... ᏯᎻᎯᎿᏕᎯᏢᏢ ᎷᎬ.,,,,................

It's so cool that you pay attention to investors like Brandon! I've been following his channel since he got the trailer park...mainly because I'm interested in similar but I've been concerned about the problems that are stereotypical of, well, trailer parks.

Our laundromats now take card. It saves on people stealing coins all the time.

@kameljoe21

4 жыл бұрын

How much do you spend a month , 100 bucks.. does the place you live have washer and dryer hooks up, If so, scrape together a couple hundred bucks and buy a used set on market place. If it does not then search for another place that does and increase your rent by the amount you spend per month. You are better off saving money than spending tons of money over your life to a business that is in it to rip you off. Put it this way if you spend 1k per year washing clothes at a mat in 30 years you would have spent 30k in laundry or you could have saved the same amount about buy your own place. This also may work for a place with no hook ups... If you do not have hook ups then this is only 140 bucks off amazon.... Portable Washing Machine TG23 - Twin Tub Washer Machine with Wash and Spin Cycle Compartments by ThinkGizmos

Why is everyone only commenting on Kevin, guys, Brandon basically seems to make income without a penny of investing himself by just being an amazing businessman and having awesome connections, that's what I call motivation 😂😂

this was so informative! i have always wanted to own a laundromat and this was most helpful!!

Hi Lauren. I just watched your video( Watched yours yesterday too) I saw you just say to you are so precious my darling you and your family are just adorable I have to tell you I just love you all... I started watching Kevin first when I first started staying home orders From the governor I really enjoy your information I love how you deliver it because I Agree with you hopefully something good will come from all this and I was laid off my job in March at a hotel and I’m going back next week it’s very slow no customers at all it’s just hard to say what’s gonna happen next I’m gonna keep up with you and Kevin and thank you so much this is Caroline ❤️ I look forward to seeing you in the next video

Hi Kevin, I would be curious to know how this guy is doing in a recession/National Coin crisis, would you make a video on it?

@InvestmentJoy

3 жыл бұрын

I'm told i'm the reason for thet shortage

Kevin, seeing as you’re stepping out of just real estate, go check out someone doing a micro greens business. I’ve seen videos of people on an acre or less pulling in $300K+ a year.

@MeetKevin

4 жыл бұрын

What’s micro greens

@joshuagolembiewski5383

4 жыл бұрын

As in veggies and herbs that are small in volume and grow quickly.

@joshuagolembiewski5383

4 жыл бұрын

Look up on KZread “$10,000 a month growing micro greens in a basement!”

@BASEDinMaine

4 жыл бұрын

@@MeetKevin micro greens are simply a step beyond sprouts...you take lettuce and leafy green seeds, germinate them in shallow trays til they begin to develop some chlorophyll and leaves, then you sell them to markets & restaurants. They are rapidly grown and harvested within days, rather than a fully mature lettuce. You dont need soil and can grow in confined and vertical setups. I have a few of those videos on successful growers saved to watch later but i dont know 1st hand how well people usually do.

You guys sound as if you are really good landlords, I know because I've had slumlords who just want the money and don't care at all about the tenants. My husband was disabled and we couldn't get a lift next to the steps so that it was hard work getting him in and out on a regular basis. Thank you for understanding tenants problems.

Thanks Kevin this. A really good motivational video.

Everything was good until the owner talked lol

I feel like I've seen a video with this same laundromat before.

@Alexander_J_Jericho

4 жыл бұрын

we both did kzread.info/dash/bejne/d2iE29aHg9fFgaQ.html

Lmao @ zooming in to figure out type of key. People are something else 🤣🤣🤣

You guys have some great tips, really great. “ it’s all about hustling “

This episode of "Meet Kevin' has been brought to you by Menards.

@Fremen1971

4 жыл бұрын

Don't you mean Mendards?

@JasonSchwerin

4 жыл бұрын

Save big money

Dude you are a badass 😂 Salt of the Earth bro!

Kevin holding a bucket of quarters and a Scroug McDuck smile: Priceless haha!

Great video. I am definitely inspired now 🤙🏽

Yeaaaaaa my boy Brandon!!! Way to go!!!

Loved the video, very informative. I’m a bit of a perfectionist so I just noticed you kept looking at the camera when talking to the guy and it just made the video feel a little less connected, like if you guys were just talking like a normal conversation and we were a fly on the wall I’d love that until you ask a question or make a point to the audience. Great video again just something I noticed being anal retentive😂😂

My father inlaw had one and it was a huge mistake. It was in a small town and people trashed it all the time and the car wash bay was always left open and froze. Machines always broke down. The city tax was ridiculous and when he tried to sell it last year he couldn't even get 5k and it still had 3 other store fronts. So small town that is dying and everyone is worth less do not take the risk. It ate up so much of his time opening and closing, fixing everything, i helped alot too and it ate up money. Only thing it was good for was a tax write off

@ 16 02 or so i always wonder'd how the machine read the quarter's ( inferred light beam ) haaaa intrigging to know this...... SO DO U KNOW IF THERE'S A WAY TO UP-GRADE THE LIGHT BEAM SO IT NO MIS-READ COIN'S............???????

I always liked the idea of owning vending machines. Ka-ching!

When did Ryan Reynolds own His own laundry mat

Kevin, this is your best video I've seen yet.

Great video! Gives insight into running a laundromat. However they didn't go into the cash flow of the business. Would be nice to know more about that. Also did he know that the business made money before he bought it? I thought about purchasing a laundromat and would thus like to know more about the above questions.

Don't forget that each one before 1964 is 90% silver and they're worth more than $0.25 each! They are actually worth around $3.00 each! Find out more at talkaboutcoins.com :)

@Corny6251

4 жыл бұрын

LMFAO

@matt0121

4 жыл бұрын

no...