146. Inside the Lucrative World of Laundromats With Sam Wilson

<p>Tune in to this episode where we talk with guest Sam Wilson to discuss the profitable world of laundromat investing. Sam recounts his journey from real estate flips to niche investments like laundromats, explaining the cash flow benefits and community impact. Learn how laundromats offer recession-resistant income streams, and listen to Sam's expert tactics for standing out in a traditional industry. Also, hear firsthand about Sam's successful transition away from parking assets. This episode is a must-listen for those interested in diversifying their investment portfolios with alternative, cash-flowing real estate assets. !<br><strong> </strong> </p><p><br></p><p><br></p><p><strong>About Sam Wilson <br> </strong></p><ul><li>Sam, Founder of Bricken Investment Group, hosts a top-rated commercial real estate podcast, with 40K+ monthly downloads and 800 episodes. As an investor for over a decade, he has focused on laundry facilities, aiming to diversify and provide stable returns for himself and his investors. Sam, based in Memphis, TN, holds a business finance degree and a real estate license, emphasizing non-traditional investments for predictable returns.<br><strong> </strong></li></ul><p><strong> </strong> </p><p><br></p><p><br></p><p><strong>Here are some power takeaways from today’s conversation:</strong></p><p> 00:00 The Best Ever Conference</p><p>01:31 Tribevest </p><p>02:21 Coming Up</p><p>02:18 Intro</p><p>02:39 Welcome To The Show</p><p>03:24 How Sam got Started in Real Estate Investing</p><p>04:35 The Evolution of His Real Estate Journey</p><p>07:38 How He Timed the Market</p><p>10:00 How he Approaches LPs</p><p>12:54 His Previous Investments</p><p>13:51 Why Laundromats? Why Now?</p><p>17:28 Is Multi-Family Affecting Laundromats?</p><p>18:31 Aspen Fund</p><p>19:15 Rise48</p><p>19:49 Can You Expand The Laundromat Market?</p><p>21:17 Are Laundromats Similar to Car Washes?</p><p>23:09 How Do Laundromats Depreciate?</p><p>24:52 The Other Aspects of the Laundromat Business</p><p>26:58 Working with Short-Term Rentals</p><p>28:14 How LPs Can Invest</p><p>31:29 How to Evaluate a Laundromat Operator</p><p>33:27 What Metrics should we be Looking at?</p><p>34:42 What Does His Competition Look Like?</p><p>38:24 www.ellieslaundry.com</p><p>38:49 A Great Podcast he Listens to</p><p>40:26 Contact Sam</p><p>40:56 Thank You For Watching</p><p>41:05 Viking Multi-Family</p><p>41:43 Steve Suh's Book</p><p>42:31 Guest Overview</p><p>45:56 Outro</p><p>46:21 Disclaimer </p><p> </p><p><br></p><p><strong>This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.<br></strong> </p><p><br></p><p><br></p><p> <br><strong> </strong> </p><p><strong>Resources Mentioned:<br></strong><br></p><p><a href="https://brickeninvestmentgroup.com/">Bricken Investment Group - https://brickeninvestmentgroup.com/ </a><a href="https://midloch.com/"><br></a><br></p><p>Email: [email protected] </p><p><a href="https://www.leftfieldinvestors.com/books/"><em>Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications</em></a><em> </em>by Steve Suh - https://www.leftfieldinvestors.com/books/</p><p><br></p><p><strong>Podcast Recommendations:<br></strong><br></p><p><a href="https://www.fool.com/podcasts/motley-fool-money/">Motley Fool Money - https://www.fool.com/podcasts/motley-fool-money/<br></a><br></p><p><a href="https://www.walkerdunlop.com/webcasts/">The Walker Webcast - https://www.walkerdunlop.com/webcasts/<br></a><br></p><p><strong>Advertising Partners:</strong></p><p><a href="https://www.leftfieldinvestors.com/bec/">Left Field Investors - BEC</a> - https://www.leftfieldinvestors

PassivePockets: The Passive Real Estate Investing Show · PassivePockets, Jim Pfeifer, and Left Field Investors